IBITX Software Inc (IBXS)

[adijas]

ALEV RM with crypto company.

From filing yesterday:

'On October 20, 2017, the Company entered into a Software Purchase Agreement with Rose Marie D. Araos. The Company acquired Ms. Araos’ IBITX software application in exchange for 4,000,000 shares of the Company’s Series A Preferred Stock'

This is new company:
IbitX.com is a dynamic new type of currency exchange which matches new Initial Currency Offerings (ICOs) and those interested in buying those currencies in a single platform for “Offerings” as well as a “free market” trading system for an after market trading of all available Crypto and Virtual Currencies registered on the platform.
http://breakbyte.com/ibitx/

Also symbol change coming:
IBITX Software is a Publicly Traded Company on the US Over The Counter Bulletin Market as a non-reporting OTC company (Symbol: BITX)

Stock information refers to ALEV
http://breakbyte.com/ibitx/stock-information/



IBITX Platform is built to handle any virtual currency and Initial Coin Offering, where by all of the competitors are limited to a handful of crypto-currency user groups.

IBITX completes only the “record” of the trade on the system, a proprietary Virtual Currency Escrow service completes the transaction “offline” to enable full security to both the seller and buyer of currency. This also deters security risks related to hacking, as all transactions are confirmed by phone verification and email that the transaction did in fact occur and was accepted.

The IBITX is a straight matching system where by real currency pays for virtual currency, there is no need for “margin” and “leverage” on the system which can over extend its users. The system is built to be fiscally responsible, with good governance and investors security and interest as priority #1. In essence it is real-time match making, where by the transaction will confirm an order to be taken offline by escrow to insure the trade occurs and transfer happens.

New Crypto-Currency’s can sign-up on the website platform, and put their ICO documents, Know Your Clients documents, proof of creators, Banking, and a due diligence check is performed. Upon completion of the due diligence check, the new currencies gain a website profile on the exchange as a Initial Currency Offering, and investors can instantly purchase the new offering directly through the platform. Most of the competitive exchanges simply do trading, very few do ICO’s and those that do have ICO’s as part of the offering don’t include “all” of the due diligence documents for proper disclosure to potential purchasers.

We believe that by capturing the new ICO market, our firm will become a market leader in trading of “all” available virtual currencies as “the IBITx.”

In addition, users who hold already marketed currencies can register those currencies on the exchange, and begin to trade, such as Bitcoin and Etherium, in a safe trading environment full of speculative investors ready to match their bid.

http://breakbyte.com/ibitx/about/