VANCOUVER, BC, CANADA, MARCH 19, 2020, LINK GLOBAL TECHNOLOGIES INC. (CSE: LNK; FRA: LGT; OTC: LGLOF) (“LINK” or the “Company”) is pleased to announce it has entered into an Enterprise Agreement (the “Agreement”) with NetCents Technology Inc. (“NetCents”, CSE: NC).
Through this Agreement, NetCents and LINK plans to provide new wallet-technology and back-office capabilities for the Company’s SMART Mining Platform for retail and institutional investors. The integration will leverage the NetCents’ payment gateway and Asset Management System. Through NetCents’ Asset Management System, LINK plans to offer user wallets including daily transfers of users’ payments in addition to the daily distribution of Bitcoin earnings from mining. Using the NetCents’ Instant Settlement technology, the integration will also enable LINK to convert their users of Bitcoin into fiat and payout directly into their users’ bank accounts.
“LINK, working with a major hardware manufacturer, is excited to offer a new way for investors to share in profitable Bitcoin mining operations where they are returned their initial capital investment and can enjoy the upside of Bitcoin prices without the stress of downturns in the market. LINK wants to give investors the opportunity to “invest in” a block of processing capability from us, and receive periodic profit share payments back from us,” stated Stephen Jenkins, CEO President of Link Global Technologies. “NetCents is the ideal partner with which to provide the needed technologies to make those payments seamless for our users.”
Mr. Jenkins added, “With the volatility of the markets in today’s rapidly changing world, people are looking for a solution that gives them confidence their original investment will be returned and allows them enjoy the upside of digital currency price appreciation over time. We believe working with the NETCENTS team LINK can provide this.
NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC. For more information on NetCents, please visit www.net-cents.com.
About Link Global Technologies Inc.
Link is engaged in the business of providing infrastructure and operating expertise for digital mining operations. Link's objectives include locating and securing, for lease and option to purchase, properties with access to low-cost reliable power and deploying this low-cost power to conduct digital mining and supply energy and infrastructure for other data-hosting services.
On behalf of Link Global Technologies Inc.
For more information visit http://linkglobal.io/ or contact:
The CSE does not accept responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION. This news release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “forecast”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes”, or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results “may”, “would”, “could”, “should” or “might” occur. Forward-looking statements made in this news release relate to: the Company’s planned offering of services and technology to investors, including investment opportunities and anticipated returns on such investments, the Company’s ability to secure low cost and usable power for the purpose of digital currency mining; and other matters relating to the Company’s business plans.
All such forward-looking statements are based on the reasonable beliefs, expectations and opinions of the relevant management as of the date such statements are made; and are subject to risks, uncertainties, assumptions and other factors that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. In the case of the Company, these risks, uncertainties, assumptions and other factors include, without limitation, fluctuations in the price of digital currencies/bitcoin, the future potential halving of bitcoin, increases in the network difficulty rate and price of digital currencies/bitcoin, negative changes in the level of digital currency/bitcoin rewards per block, plans related to the Company’s business and potential customer base, the securing of economic rates for the purchase of power, the opportunities for acquiring digital currency mining hardware, and other matters that may occur in the future. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
For a complete discussion with respect to the Company and the risks associated with forward-looking statements, please refer to the Company’s financial statements and related MD&A, as well as other documents filed from time to time with the Canadian Securities Exchange, the British Columbia Securities Commission and that Alberta Securities Commission, which are filed on SEDAR at www.sedar.com.