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Universal Infotainment Systems Corp. invests into Cryptocurrency mining contracts with Electrum LLC.Press Release | 06/26/2018
Universal Infotainment Systems Corp. (Pink: UNIV), is pleased to announce that the company has invested in several cyrptocurrency mining contracts with Electrum LLC.
This decision by the Board of Directors, will assure a steady monthly income for UISC both as a client of Electrum LLC through the mining contracts and revenue by providing software services to Electrum LLC through our subsidiary Stealthcom Labs BG.
George Pavlopoulos, CEO of USIC stated, Although we are proceeding with full commitment and vigor with our planned projects, along with the planned development strategies for both the UNS and Stealthcom Secure Smart Phone projects, our goal has also been that of a steady revenue thus assuring value to our shareholders. For this reason UISC has invested in a Cryptocurrency Multi Contract Agreement with Electrum LLC of AZ, U.S.A. We are also looking forward in working closely with Electrum LLC from U.S.A. to fulfill their unique Software needs for their Mining Operations
Based on the current financial trend of Crypto Currencies, UISCs mining Contracts at Electrum LLC will project steady revenue which we project will cover the monthly development costs of Stealthcom Labs in BG while the development team is rapidly moving toward the BETA version of the Secure Phone which is projected to debut by year end.
