Bitcoin Brands to Expand ATM Roll Out to New Hampshire
Bitcoin Brands Inc (PINKSHEETS: CEHC) today announced that it expects to offer bitcoin sales via ATMs in the State of New Hampshire.
The company received a favorable "No Action" request from the State of New Hampshire Banking Department. A copy of the letter is available on the company's blog located at http://www.cephasbtc.tumblr.com/
"We are pleased to have the opportunity to bring bitcoin ATMs to New Hampshire. It is a win for our company, the bitcoin community and most importantly for the people of New Hampshire," added Peter Klamka President of Bitcoin Brands Inc.
Bitcoin Brands presently has bitcoin ATMs in Michigan and Montreal. The company is completing placements in additional Michigan locations as well as in Las Vegas. Bitcoin Brands is targeting Nashua and Manchester for the initial ATM locations.
The company's plan is to become the leading publicly traded operator of automated bitcoin vending solutions.
Forward Looking Statements
This news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey Company progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include without limitation: dependence on key personnel and suppliers; changing regulations, ability to fund growth of equipment; material and component costs; Bitcoin prices, ability to find suitable locations for ATMs, competition; economic conditions; and consumer demand.
Additional considerations and risk factors are set forth in reports filed with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements
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