InvestorsHub Logo
Followers 0
Posts 37
Boards Moderated 0
Alias Born 07/22/2008

Re: None

Thursday, 01/11/2018 9:07:54 AM

Thursday, January 11, 2018 9:07:54 AM

Post# of 204
Clayton Moore.... perfect

"Profiteer: First of all a big compliment to you. According to a Bloomberg article ( www.bloomberg.com/news/articles/2017-12-04/pot-stocks-yesterday-s-news-as-canada-gripped-by-bitcoin-fever ), NetCents Technology was last year the best performing crypto currency stock in Canada. Has you surprised the great interest of new investors? Clayton Moore: Of course we were excited about the market's reaction to the launch of our coin, but given the strong interest ahead of the launch of our coin and related stock market, we are seeing an increase in interest for both the NetCents share and the Coin, the closer we get to the launch date. Our predictions came in as we saw the strong rise in our share price in conjunction with a tremendous increase in user numbers and coin pre-sales. This is just the beginning of what you can expect from NetCents and the NetCents Coin. As we introduce our current partner merchants and implement new partners, we expect NetCents, the NetCents coin, and our stock to continue to enjoy great growth. Profiteer: Just over a year ago, Hillcore Group has tried to sign a license agreement with NetCents to quickly roll out their payment processing platform internationally, but they were unable to agree on final terms and conditions. Recently, you added Jean-Marc Bougie, the CEO of Hillcore Group, to your board of directors. What role does the Hillcore Group play in your expansion strategy? Clayton Moore: In fact, at the end of 2016, we wanted to sign a license agreement with Hillcore Group for NetCents technology on an international level. Eventually, we could not agree to the terms, but developed a very good collaboration with Hillcore's CEO, Jean-Marc Bougie. We had agreed that it would be in the best interests of NetCents to retain all technology rights. Jean-Marc understood and shared our vision. He later helped us develop the NetCents Coin by working on the whitepaper. We are pleased that he accepted our invitation to the NetCents Board. Apart from that, Hillcore has acquired a stake in NetCents and is a great support to us. They are there to help us if needed. Profiteer: The pre-sale of the NetCents-Coin has far exceeded your internal expectations. 10 million coins were sold in two tranches. When do you expect to sell the third and fourth tranches? Clayton Moore: The output mechanism for the coin is very strict. It is based on the commercial value of the coin. As soon as the Coin's trading price exceeds certain thresholds, the new tranches (releases) will be issued. The coin has been trading at very low volume since December 1st. So far, neither marketing nor training has been conducted. A comprehensive program will start soon and we expect interest in Coin to increase. The price of the coin is expected to rise and trigger additional tranches (releases). Profiteer: Can you tell me more about your NetCents Coin marketing strategy and how to get started? Clayton Moore: Our marketing focus for the new year will be heavily on brand awareness and user acquisition. You'll find that NetCents will be in the press much more often and will be mentioned by influencers. In the course of this, recommendation and user acquisition campaigns are also carried out. Profiteer: Do distributors from your network already use the NetCents coin? What do you expect from your cooperation with Flexepin and Poynt? Clayton Moore: At present, distributors outside of our network are not using NetCents Coin yet. After implementing our merchant partnerships with Aliant, Poynt and Flexepin, users can use their NetCents coins to complete their online transactions. In addition, we are working to add more merchants to our system who will also accept the NetCents coin as a payment option. Profiteer: At the end of November 2017, you signed a five-year contract with Aliant Payment System, a company that processes nearly half a trillion dollars a year with nearly 7,000 US merchants. What percentage of this transaction volume will be spent this year in cryptocurrencies? What are your expectations? Clayton Moore: We initially assumed fairly conservative numbers. In the first 12 months, the focus will be on making sure that all 7,000 merchants are integrated and have access to the platform. Once user and merchant adoption is achieved, our sales and EBITDA are very attractive. We expect the company to generate a potential $ 2.0 billion profit after 3 to 5 years. Profiteer: How is your "normal" settlement business going? Clayton Moore: The company's current focus is to become a pioneer in digital payments. To do this, we bundle all forces. Profiteer: NetCents Technology can currently be traded in Canada and Germany. Are you also looking for a second listing in the US? Are you considering switching from the Canadian Securities Exchange to the TSX Venture? Clayton Moore: The company was approached by the TSX Venture for listing, but with the company's success and planned expansion, we may decide to skip the TSXV and go directly to NASDAQ. Profiteer: Are you planning acquisitions or takeovers? Clayton Moore: That's something we analyze but can not comment on right now. Profiteer: Despite the huge increase in NetCent shares, we were unable to register any insider sales. Where do you see NetCent's technology in 2-3 years? What is your exit strategy? Clayton Moore: Management knows where the company will be in terms of revenue in 2-3-4-5 years, etc., so it makes no sense to sell our positions at that time. The company will continue to evolve and be able to offer a very comprehensive and integrated portfolio of financial services, all based on blockchain and digital currencies. With regard to an exit strategy, we are undoubtedly being taken over by a big player from the financial sector. Profiteer: Thank you for the interview. Good luck in the future! At the end of last year, Clayton Moore also sent a video message to his shareholders. The full video is available at the following link: YouTube - NetCents: Q & A with Clayton MooreSource: www.youtube.com/watch?v=fE9tn3oGyio+ CONCLUSION: Taking into account around 41.0 million shares outstanding, the market value of NetCents Technology Inc. (WKN: A2AFTK) is CAD 110.3 million. The shareholder structure is still excellent. NetCents' new partner, Aliant Payment Systems, transacts over 15.5 billion transactions worth more than $ 560 billion a year. The significance of this deal has only been captured by the financial community. In the above interview, the potential impact on profit is very clear to us. In view of the peer group, the very close shareholder structure, the entry of the Hillcore Group, the mega deal with Aliant Payment Systems and the foreseeable success of the NetCents coin, we are raising our price target for NetCents Technology Inc. (WKN: A2AFTK) from 5.00 CAD to 7.50 CAD. We continue to expect a strong newsflow in the coming weeks and months. The shares of NetCents Technology Inc. (WKN: A2AFTK) can be traded cheaply in Frankfurt, Stuttgart and Tradegate or directly in Canada. Please always limit your purchase orders. Sincerely, Your PROFITEER editors"

NETCENTS - BLOCKCHAIN-TECHNOLOGIE - PLATTFORM - BEZAHLSYSTEM UND COIN | wallstreet-online.de - Vollständige Diskussion unter:
https://www.wallstreet-online.de/diskussion/1261374-8991-9000/netcents-blockchain-technologie-plattform-bezahlsystem-coin
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NC News