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Wednesday, March 17, 2021 9:30:59 AM
WOODLAND HILLS, CA / ACCESSWIRE / March 10, 2021 / BioTech Medics, Inc. (OTC PINK:BMCS) is pleased to announce that the firm has been making significant steps to transform BMCS into an new and more productive business model. Management is moving into the crypto space, an emerging growth marketplace.
According to Anthony K. Miller, CEO, "as I mentioned before, we have been working diligently for over a year to make this change and we are now ready to move into this new chapter in this company's incredible history. Over the last 6 months or so a few companies have created significant value for their shareholders within the cryptocurrency space. They have made currency (most notably Bitcoin) that was once on the fringe of society now a mainstream item. These companies have given investors the opportunity to invest in publicly traded stock, in public companies, that have a corresponding value to the crypto that they desired; and at the same time created tremendous liquidity for Bitcoin and other currencies.
The Management of BMCS has built the same business architecture as these firms, and our plan is to launch this venture in the coming weeks. BMCS has a new name "BMCS Sumcoin Index Fund, Inc" (changed with Wyoming, many investors have already found this) and our trust is entitled Ubiquitous Guardian Trust (a Delaware Trust). Management has formed additional companies under our Ubiquitous brand, acquired a new CUSIP#, finalizing our audited financials, and created offering documents that hinges on the final regulatory hurdles.
ABOUT SUMCOIN: Sumcoin is a cryptographic blockchain and the world's first cryptographic Index which uses a proof-of-work algorithm to unlock coins. Its maximum targeted processing time is only 3 mins with a maximum supply of only 100 M coins. Sumcoin is also Segwit enabled. Able to activate lightning and upcoming taproot protocol.
The Index
Sumcoin, or the "SUM" of coins means that it tracks all coins in near real time from over 4000 different data points. Sumcoin is continuously aggregating and finds what the current top 100 coins are by global market cap. The "SUM" price is generated using an algorithm based on the market fluctuations of the top 100 coins.
Given the speed, security and simplicity being able to hold the "SUM" of the market in only one coin, Sumcoin is for those who want to gain maximum exposure to the crypto space but may only want to hold one coin for simplicity, which can reduce risk factors. As the value is spread across 100 coins, there is a great reduction of volatility to Sumcoin vs any other coin. The goal was to solve the problem of volatility and create a safer store of value. Blockchain could be an incredible tool for businesses and governments.
"Track the Market, Trade the Market, with Sumcoin"
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