Bitcoin Direct LLC Enters Las Vegas Market; Agreement Includes: ATM, Payment Processing, and Sponsorship
Conexus Cattle Corp. (OTC PINK: CNXS) announced today that their subsidiary, Bitcoin Direct LLC, a Nevada limited liability company ("Bitcoin" or the "Company"), will install an automated bitcoin ATM Machine at One Kick Nick's Mixed Martial Arts Gym located at 121 East Sunset Blvd. in Las Vegas, Nevada. Bitcoin ATMs provide consumers with the ability to instantaneously purchase bitcoins through their mobile devices. This is the first of several ATMs expected to be installed by Bitcoin Direct in Las Vegas.
Additionally, the Company will process bitcoin payments for the gym, allowing members and guests to pay for memberships and merchandise in bitcoin. The Company believes this is the first gym in the country to accept bitcoin. As part of the agreement, the Company will become a sponsor of the gym, which will include the ability to place display ads in the facility. One Kick Nick's Mixed Martial Arts Gym is home to numerous professional mixed martial arts fighters who regularly compete on national television for the UFC, Bellator, and World Series of Fighting.
Conrad Huss, President of Conexus commented: "We believe our bitcoin ATM will begin generating revenue immediately upon installation. The Company's relationship with One Kick Nick's Mixed Martial Arts Gym is an example of the Company's ability to provide a complete solution for businesses of any size interested in accepting bitcoin. We look forward to creating a host of business partnerships with this product."
About Bitcoin Direct LLC
Conexus Cattle Corp. (OTC PINK: CNXS) subsidiary, Bitcoin Direct, LLC, a Nevada limited liability company, provides bitcoin transaction solutions for consumer. Bitcoin's initial focus is installing and servicing its bitcoin ATMs (automated bitcoin machines) in multiple locations across the U.S. The bitcoin ATMs provide consumers with the ability to instantaneously purchase bitcoins through their mobile devices. Currently, the Company has installations serving New York City. ATMs present a convenient solution for bitcoin consumers to exchange cash for bitcoins. In addition, the Company plans to offer a full range of bitcoin transaction solutions to a wide variety of industries including remittance and gaming, among others.
Safe Harbor
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include statements regarding the elimination of debt positioning the Company for growth and the vote of confidence in the growth plans. All forward-looking statements in this press release are made as of the date of this press release, and the Company assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the Company's ability to complete its intended growth plans in a timely manner and the other factors discussed in Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov.
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