Contact BTZI at email@example.com to inquire about the merger.
They owe all BITCF and BTZI clarification on the announced merger. If they do not respond, shareholders can go to the SEC. First Bitcoin Capital Corp Announces Majority Sale of Assets To Bots Inc.
TEL AVIV, ISRAEL / ACCESSWIRE / July 10, 2020 / FIRST BITCOIN CAPITAL CORP (OTC PINK:BITCF) (“the Company”) a prolific generator of more than 100 unique cryptocurrencies and developer of blockchain-powered technologies announced today that it consummated the sale of a majority of its digital and crypto assets and related technologies to Bots, Inc.
BOTS, Inc. (OTC: BTZI) (GERMAN EXCHANGE: M06.SG), is Puerto Rico based, emerging innovator of products, technologies, and services for the rapidly growing digitized robotics industry.
“Today’s announcement is part of an on-going effort of First Bitcoin’s management to maximize shareholder value which has been driven by our commitment to continue to fulfill our investors’ expectations,” said Simon Rubin, Chairman and Chief Executive Officer of First Bitcoin Capital Corp. “This major transaction aligns with BITCF’s strategy to continue to grow our core businesses in an efficient manner.”
First Bitcoin and Bots, Inc. will now begin to enter into long-term service and project development agreements, providing reliable and cost-advantaged product development services for a wide variety projects. BTZI and BITCF’s together have significant expertise and capabilities which will deliver operational efficiencies and opportunities for growth and profitability over time.
First Bitcoin and Bots, Inc., are working closely to ensure a seamless transition. The Asset Purchase transaction was closed on May 14th 2020 and included the following BITCF assets:
Minority ownership in:
– SinglePoint, Inc.,
-Medical Cannabis Payment Solutions, Inc.,
-Petroteq Energy, Inc.,
-Digital Asset Monetary Network, Inc.,
-Kronos Advanced Technologies, Inc.,
– Tipestry, Inc.;
Subsidiaries owned by First Bitcoin Capital Corp., including but not limited to:
CoinQx Exchange Limited,
First Bitcoin Capital LLC.,
D’BOT Technology Corp.;
Also included are Hundreds of domains previously owned by First Bitcoin Capital Corp.;
$1,250,000 in face value Convertible Promissory Notes issued by Kronos Advanced Technologies to First Bitcoin Capital LLC.;
US Patent 9,135,781 B1 Bitcoin Kiosk/ATM Device and System Integrating Enrollment Protocol and Method of Using the Same;
US Patent Application 2018/0315072 A1: Method and System of Facilitating Management of Cryptocurrency Based Loyalty Points Associated With One or More of a Product and a Service;
The majority of the inventory of more than 100 digital cryptocurrencies previously owned by First Bitcoin Capital Corp.
In exchange for the acquisition of these assets, BOTS, Inc. issued 100,000,000 of its shares of common stock and 30,000,000 Series A Preferred stock to First Bitcoin Capital, with a pledge to issue an additional 60,000,000 shares of Series A Preferred upon reaching certain milestones.
All Series A Preferred shares are to be retained by First Bitcoin Capital Corp. The 100,000,000 million shares of common stock are to be distributed to the shareholders of First Bitcoin Capital, where each shareholder shall receive 1 share of BTZI common stock for every 4 shares of First Bitcoin Capital stock owned with any remaining shares to be retained by First Bitcoin Capital Corp. upon a record date being set by First Bitcoin Capital Corp.
As the largest shareholder of Bots Inc., First Bitcoin’s management is expected to transition to Bots, Inc., in the immediate future.
About BOTS, Inc.
Headquartered in San Juan, Puerto Rico, BOTS, Inc. – publicly traded on the OTC Markets under the symbol (BTZI) and on Börse Stuttgart under ticker (M06.SG) – is a diversified company developing and servicing blockchain solutions and robotics for its clientele. The Company is committed to drive the innovations needed to shape the future of digital robotic automation management through digital technology and decentralized blockchain solutions. Management is dedicated to the strong growth of Distributed Asset Technology and Robotic Process Automation (RPA).
Bots, Inc. has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit www.bots.bz
Visit us on Facebook @ https://www.facebook.com/Bots.Bz/