Nice news update out SAGD news out SAGD Progressing with PotPons
Jan 05, 2018
OTC Disclosure & News Service
Las Vegas, NV -
January 5, 2018. South American Gold Corp (OTC: SAGD), is pleased to announce that great progress is being made with PotPons. SAGD CEO David Reeves would also like to take the opportunity to more fully outline PotPons and its varied applications.
According to Reeves, "To understand the success path of PotPons, one must first understand that PotPons is really two completely separate products, branded under the same name. On the one hand, we have PotPons Coins, the P2P tradeable cryptocurrency which was designed, with full market integration, to be owned by the people with no one single controller. In addition, have PotPons Merchant Services System, which is designed to initially service the Medical Marijuana Industry utilizing the PotPons Coin as the virtual currency which will act as an alternative payment solution to cash."
Reeves continued, "It is our belief that the success of a coin relies directly upon the community that accepts the coin. First, we must move to get the publics belief in the PotPons Coin Mission Statement and their acceptance of that in the market. Second, we must directly and through the community, obtain acceptance by multiple mid-level and high-level trading platforms, including our agreed first platform of BitTraderPro.com, a product of Favored, Inc. (OTC: FVRD). Third, we must keep the name of PotPons in the markets view to grow the recognition while increasing the circulation supply. Fourth, we must strive to add both horizontal and vertical market acceptance of the Coin to increase the desirability of the PotPons Coin. The success of PotPons Coin is solely based upon the cryptocurrency communitys awareness and interest.
Regarding the PotPons Merchant Services System, the US market is a multi-billion dollar market that needs a safer way to process transactions, given that all other competitors in this space are not US based. The PotPons Merchant System is designed to be fully transparent providing the records needed utilizing the State Chartered Banking Systems.
According to Reeves, The PotPons Merchant System is different from previous attempts by the competition in several respects: we are a US company, that understands the present rules and regulations; we are ever-growing in knowledge as the rules and regulations are changed so we can quickly adapt accordingly; and we will offer benefits to the merchants that have not been seen in this industry before from groups trying to provide an alternative to cash since we will have personal interactions with our merchants.
About South American Gold Corp:
South American Gold Corp is a publicly traded company on the OTC under the symbol SAGD, focused on enhancing shareholder value by acquiring and operating undervalued assets.
For more information:
Corporate Website: www.sagdcorp.co
Media contact: info@sagdcorp.co
General contact: info@sagdcorp.co
Disclaimer: This release contains forward-looking statements that are based on beliefs of South American Gold Corp. management and reflect South American Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words "estimate," "project," "looks," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of South America Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, South American Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release may incorporate by reference the Company's reports and other filings. Investors are encouraged to review all filings. There is no assurance South American Gold Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company's due diligence on the potential projects and/or acquisitions will be favorable nor that definitive terms can be negotiated. Investors should consult their financial advisor before making an investment in a company.
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