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Netcoins Hldgs Inc. (GARLF)

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Last Post: 3/19/2019 9:00:55 AM - Followers: 4 - Board type: Free - Posts Today: 0

The company is in the business of developing software to better facilitate the purchase and sale of bitcoin for end-users. Netcoins enables the sale of bitcoin through its software at retail outlets, through individual agents and directly to clients purchasing and selling in large quantities.  

Netcoins Hldgs Inc.
488 - 1090 West Georgia Street

Vancouver, BC V6E 3V7

Canada

www.gonetcoins.com604 687-7130info@gotnetcoins.com
 
Shares Outstanding
120,386,429
01/24/2019

NETC | Canadian Securities Exchange | Qualified

Netcoins Provides Corporate Update; Q4 Transactional Revenues Hit CAD $27 Million

VANCOUVER, British Columbia, Jan. 14, 2019 (GLOBE NEWSWIRE) -- Netcoins Holdings Inc. (“Netcoins” or the "Company") (CSE: NETC; OTC: GARLF; WKN: 1WJ) is pleased to provide further corporate updates, including information on its Retail, Portal, OTC and upcoming Dealer-Brokerage lines of businesses.

2018 Fourth Quarter Revenues

During fourth quarter of fiscal 2018, Netcoins generated over CAD $27 million in transactional revenues through its Retail, Portal and OTC lines of businesses.  Netcoins annual fiscal 2018 revenues hit CAD $59 million, representing a 400%+ year-over-year growth. Comparatively, the price of Bitcoin dropped during Q4 from approximately USD $6,500 to a low of nearly USD $3,000 per Bitcoin. Netcoins continues to demonstrate significant transactional revenues regardless of the overall volatility with cryptocurrency valuations.

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