PR Newswire
Token holders will get a share in the income that Bitcoin mining operations generate
CHICAGO , April 23, 2024 /PRNewswire/ -- Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps, drone technology and cloud-based business software solutions, announced today that its subsidiary CryObo, Inc. will issue tokens for its solar Bitcoin operations. Token holders will get a share of the Bitcoin mining operations income. CryObo, Inc. will be forming a new company in Dubai to issue the tokens. Dubai is a friendly country for cryptocurrency ventures.
Once formed, CryObo will begin to secure the land and hire personnel. Tokens will be available for residents in Europe , Asia and the Middle East .
Shaun Passley , Ph.D., Epazz Inc. CEO and chairman, said, "We have been working on its project for some time, we are excited that it is moving forward."
About CryObo Inc.
CryObo Inc. will be enhancing its software to give early access to companies backed by tangible assets an easy way to access the token markets. The company's platform will change how people transact real estate, digital assets, corps and raw materials by allowing companies to access the future value of their assets. The growth of
Bitcoin
and other
cryptocurrencies
is bringing new regulations for large financial service companies, which will require a smart solution to manage their growing portfolios.
About Epazz Inc. (
www.epazz.com
)
Epazz Inc. is a leading cloud-based software company specializing in providing customized cloud applications to the corporate world, higher education institutions and the public sector. Epazz BoxesOS v3.0 is the complete web-based business software package for small to midsize businesses, Fortune 500 enterprises, government agencies and higher education institutions. BoxesOS provides a combination of many web-based applications that an organization would otherwise need to purchase separately. Epazz's other products are DeskFlex (room scheduling software) and Provitrac (applicant tracking system).
SAFE HARBOR
The "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking language, such as "may," "expect," "intend," "estimate," "anticipate," "believe" and "continue," the negative thereof or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause the actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance, and actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating forward-looking statements. It has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.'s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC Markets filings, which contain general business information about the results of its operations and risks associated with the company and its operations.
Contact
For more information, please contact Investor Relations at the following:
investors@epazz.net
312-955-8161
www.epazz.com
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SOURCE Epazz Inc.
