Yes , we should ! You can Contact me via twitter !
Letter to shareholders is out now :-)
Newnote Financial Message from the President
Vancouver, British Columbia (FSCwire) - Newnote Financial Corp. (the “Company”), (CSE: NEU; OTCQB: NWWTF; FSE: 1W4) President and CEO Paul Dickson reports: I am pleased to provide this brief update as we work to improve shareholder satisfaction from one of Canada’s only publicly traded companies engaged in the development and support of services related to crypto-currencies.
Over the past few months we have added key individuals to the executive team and retained top senior developers to bring our new and existing services to fruition. We have acquired PayIvy.com and Cointrader.net, both of which have positioned Newnote to be the beneficiary of significant financial gain and profitability.
In light of the recent billion dollar Shopify.com IPO, our very own 100% owned merchant store builder PayIvy.com went virtually unnoticed when acquired by Newnote in May. We are confident that PayIvy will be a major contender within the merchant services space due to the compelling statistics noted below.
PayIvy.com Acquisition Highlights:
Over 20,000 merchants selling digital products online
5000+ new merchants per month
Processing over $300,000 a month in transactions
Financially self-sustaining and profitable
Closest competitor is Fiverr.Com which has raised $50 million to date
Hockey stick growth in past 2 months
Additional monetization methods coming soon
The Cointrader.net acquisition has presented us with many opportunities as we continue its development. We have been very pleased with its growth and have a strategy in place to grow revenue substantially by year end. Recently announced partnership with Rebit.ph enables users to send funds from Canada to countries such as the Philippines, South Africa, Mexico, and Kenya among others.
Cointrader.net Acquisition Highlights:
One of Canada’s Leading Bitcoin Exchanges
$18.9 million exchanged in 2014
Over $500,000 in revenue for 2014
11,000 active users in Canada
1,000 new users per month
100% insured deposits
1,000 POS and ATMs connected
Instant Bank Transfers via Interac Online
Remittance services to 10 countries
Integrations with Vogogo, Taype International, Coinpayments and Interac Online
In October of 2014, Newnote acquired a 20% equity position in Coinpayments.com, the world’s 3rd largest crypto-currency payment processor. At that time, Coinpayments had 7500 merchants and no fiat conversion. Over the past 8 months Coinpayments has continued to grow and evolve and has more than doubled its merchants. Coinpayments remains a privately held company and no independent valuation has been released at this time.
With Cointrader.net, PayIvy.com, and Coinpayments.com under our umbrella, Newnote’s developers are working to integrate our services into a complete eco-system where any individual can open a store in minutes on PayIvy.com; accept 50+ different crypto-currencies through Coinpayments.com, automatically convert those crypto-currencies into fiat and deposit them directly into their bank account through Cointrader.net. With Cointrader’s advanced API and brokerage solution, existing currency exchangers can offer USD/BTC and CAD/BTC currency conversion with additional currency pairs coming soon. These incredibly powerful tools will enable people from all corners of the world to participate in the digital currency revolution and we’re very excited to be a part of it.
In an effort to reduce advertising costs for promoting Newnote services, the Company acquired BitVisits.com in April 2015. BitVisits is a Paid-to-Surf advertising platform that allows its users to earn Bitcoin for viewing websites. At the time of purchase, BitVisits had 12,000 active web surfers generating thousands of page views per day. Today, BitVisits has over 20,000 web surfers -- adding over 6000 new users in two months. BitVisits generates revenue from advertisers and accounts for up to 40% of referral traffic on Newnote services.
During the past year, Newnote has made several achievements within this emerging sector and has stayed focused on the task at hand; namely, we are creating and identifying great products and services while increasing shareholder value and having a positive impact on the digital finance sector as a whole.
Newnote Financial Highlights:
Distributed thousands of custom cold storage Bitcoin wallets
Designed and launched the world’s first gold backed crypto-currency
IndependenceCoin for client AnthemVault
Acquired one of the leading Bitcoin exchanges in Canada, Cointrader.net
Acquired a leading merchant services asset, PayIvy.com
Acquired an equity position in top crypto payment processor, Coinpayments.com
Acquired CoinExchange Bitcoin Trading App for Android devices
Acquired Advertising platform BitVisits.com
Secured an expert executive and development team
Positioned itself to be profitable in 2016 and going forward
Newnote intends to stay the course by continuing to create, innovate and pursue our vision of providing leading edge services, within our specialized space, while offering investors exposure to what may certainly be the most significant change in finance in the past 100 year’s
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