Disruptive cryptocurrency payments technologies company NetCents Technology Inc. (“NetCents” or the “Company") (CSE: NC / Frankfurt: 26N / OTCQB: NTTCF), announced that it has engaged Boustead Securities, LLC (“Boustead”) to negotiate potential strategic acquisitions for NetCents and identify institutional investment for the Company.
“Boustead Securities has an impressive track record for raising institutional capital for middle market companies” stated Clayton Moore, CEO of NetCents. “What really attracted me to their platform was their dedication to and deep knowledge of the Crypto landscape, an added benefit is obviously their significant relationships in the Asian markets which may help us increase our investor base and give us increasing exposure to the vibrant Asian Crypto Market” he concluded.
Boustead’s team will be tasked with identifying potential revenue streams and technologies that may be combined with the NetCents platform.
“Netcents is in the process of developing solutions that allow merchants to seamlessly accept all digital assets in their native format. We believe this will increase global consumption of digital assets and would be valuable to all the stakeholders, manufacturers, merchants and customers. Boustead Securities seeks to assist Netcents with global strategic acquisitions to further strengthen their service offering portfolio, in addition to capital raising to finance their growth initiatives,” stated Eli Jawad Ansari, Head of Blockchain and Digital Assets Investment Banking at Boustead.
Boustead will also use its network to introduce potential institutional investors and business partners. “We are lucky to have a passionate following of individual investors, but as we mature as a company – it is time to broaden the scope of our investor base to institutions that may see the Company’s offering as one way to add a cryptocurrency exposure to their portfolio," concluded Mr. Moore.
The Company looks forward to updating investors on the outcomes of the future collaboration with Boustead’s excellent team.
This press release is not an offer to buy or solicit securities. Past performance is not indicative of future results. Investments may be speculative, illiquid and there is a risk of total loss. There is no guarantee that any specific outcome will be achieved.
About NetCents NetCents Technology Inc, a transactional hub for all cryptocurrency payments, aims to equip forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC. For more information, please visit the corporate website at www.net-cents.com or contact Sonja Bakgaard, Investor Relations: sonja.bakgaard@net-cents.com. To keep up on the latest, join the telegram channel http://t.me/NetCents On Behalf of the Board of Directors NetCents Technology Inc. “Clayton Moore” Clayton Moore, CEO, Founder and Director NetCents Technology Inc. 1000 – 1021 West Hastings Street Vancouver, BC, V6E 0C3 About Boustead Securities, LLC Boustead Securities, LLC (“Boustead”) is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information, please visit www.boustead1828.com Eli Jawad Ansari, Managing Director Head of Blockchain and Digital Asset Investment Banking Boustead Securities, LLC 6 Venture, Suite 395 Irvine, CA 92618 CAUTIONARY STATEMENT CONCERNING FORWARD LOOKING STATEMENTS This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.
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