Nexteligent Holdings Inc (NXGT)

[Elcappy1]

On Feb 24th bitcoin was trading in between $102-$650. EFFI

For all those who follow the cryptocurrency market as a whole, one may recognize the 'growing pains' associated with any new or novel technology or sector. Some can be quick to mainstream adoption, some can require more of a proving time until the public at large trusts and accepts them as viable. We believe that the crypto-sector is at this point very much well-established, and has in fact gained such widespread acceptance: in January of 2014, the State of California has changed their banking laws to fully legalize and allow for the functional use of cryptocurrencies in commerce. As California often leads the United States in terms of proactively adopting legislation to stay with the times, we believe this to be one small step in the progression of cryptocurrencies as a mainstream currency. Efftec intends to capitalize on the expansion of this market in the months and years to come.

The Company will release further details on our developments in regards to BitBank, and on other acquisitions in related sectors which are currently under discussion and negotiation.