Today 9:04 AM ET (Market Wire)
Bitcoin Shop, Inc. (OTCQB: BTCS) (the "Company"), the virtual
currency ecommerce marketplace www.bitcoinshop.us, today announced
that Chief Executive Officer, Charles Allen, has been appointed to
the Advisory Board of GoCoin LLC, a digital currency payment
platform. In March 2014, Mr. Allen along with Bitcoin Shop's Chief
Operating Officer, Michal Handerhan, led a GoCoin $1.5 million Series
A equity financing.
Steve Beauregard, Founder and CEO of GoCoin, commented, "Charles
brings extensive business and financial leadership to the GoCoin
Advisory Board. We welcome his guidance and look forward to a long,
successful working relationship together."
Charles Allen, Chief Executive Officer, stated, "I am thrilled to be
joining their Advisory Board. The appointment was a natural next step
in the progression of our relationship as Steve and I, along with the
rest of his team, share many of the same visions for the future of
virtual currency. I strongly believe that there are synergies between
Bitcoin Shop and GoCoin and collaborative opportunities we will take
advantage of in the future."
About GoCoin, LLC:
GoCoin LLC is the first international payment
platform for digital currencies, making it easier than ever for
online and retail merchants to accept bitcoin, litecoin and dogecoin
payments. GoCoin enables merchants to reap the benefits of accepting
digital currency without taking on the perceived risk. Founded in
July 2013, GoCoin is an international group of companies with a
presence in Asia Pacific, the Americas, the Caribbean and Europe. For
more information, please visit http://www.gocoin.com.
About Bitcoin Shop, Inc.:
Bitcoin Shop, Inc. operates an ecommerce
website (www.bitcoinshop.us) where consumers can purchase products
using virtual currency such as bitcoin, litecoin and dogecoin, by
searching through selection of over 400 categories and over 140,000
items. Bitcoin, litecoin and dogecoin are virtual currencies that use
peer-to-peer networks to facilitate instant payments. They are all
categorized as cryptocurrencies, as they use cryptography as a
security measure. Bitcoin, litecoin and dogecoin issuances and
transactions are carried out collectively by the network, with no
central authority, and allow users to make verified transfers.
Forward Looking Statements:
Certain statements in this press release
constitute "forward-looking statements" within the meaning of the
federal securities laws. Words such as "may," "might," "will,"
"should," "believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations, are forward-looking statements. While the Company
believes these forward-looking statements are reasonable, undue
reliance should not be placed on any such forward-looking statements,
which are based on information available to us on the date of this
release. These forward looking statements are based upon current
estimates and assumptions and are subject to various risks and
uncertainties, including without limitation those set forth in the
Company's filings with the Securities and Exchange Commission, not
limited to Risk Factors relating to its virtual currency business
contained therein. Thus, actual results could be materially
different. The Company expressly disclaims any obligation to update
or alter statements whether as a result of new information, future
events or otherwise, except as required by law.
 | Investor Relations Primary Contact: Alliance Advisors, LLC Valter Pinto (914) 669-0222 or (212) 398-3486 Email Contact Investor Relations: Jon Cunningham RedChip Companies, Inc. (800) 733 2447 ext 107 Email Contact Media Contact: Michael Terpin Transform Public Relations (310) 862-6312 (direct) Email Contact | |
SOURCE: Bitcoin Shop
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