Bitcoin Direct LLC, Subsidiary of Conexus, Places Order for Additional 6 Automated Bitcoin Machines
Conexus Cattle Corp. (OTC PINK: CNXS) announced today their subsidiary, Bitcoin Direct LLC, a Nevada limited liability company ("Bitcoin" or the "Company"), has placed an order for 6 additional Automated Bitcoin Machines (ABMs). The ABMs, which provide consumers with the ability to instantaneously purchase bitcoins through their mobile devices, will be installed in key North American metropolitan markets.
The Company currently has installations serving the major metropolitan centers of New York City and Montreal and anticipates placing the new ABMs in metropolitan areas that lack access to ABMs. Additional sites are presently being reviewed in the New York metropolitan area.
ABMs present a major solution for bitcoin users. An ABM allows consumers to exchange cash and bitcoins without the need for a human to facilitate the transaction. 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.
Conrad Huss, President of Conexus, commented: "We look forward to building out the Company's North American presence and opening up markets that are either underserved or completely lacking access to an ABM. Consumer demand has created the need for additional ABMs and we are eager to install our system into highly select, profitable market areas. As the AMBs are installed, we look forward to updating all stakeholders on the Company's progress and growth."
About Bitcoin Direct LLC
Bitcoin Direct LLC provides bitcoin transaction solutions for consumers. Bitcoin's initial focus is aimed at installing and servicing its ABMs (Automated Bitcoin Machines) in multiple locations. The ABMs provide consumers with the ability to instantaneously purchase bitcoins through their mobile devices. Currently, the Company has installations serving the major metropolitan centers of New York City and Montreal.
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