New York, NY, Oct. 22, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc (otcpink:GOIG) announced today that it will be refocusing its efforts to create immediate and long term value for its shareholder base. After much consideration and effort to expand the assets of the company in the energy sector, as well having reviewed the development of a Blockchain platform for energy trading, it has been determined that the necessary capital, competition, and time constraints would not make this a viable option for an early stage company.
The company has expanded its window of potential opportunities to not only include energy sector opportunities, but outside industry opportunities. The company has begun the process of again regaining compliance with OTC Markets, and will have additional updates shortly.
Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.'s control. In addition to those discussed in GoIP Global, Inc.'s press releases, public filings, and statements by GoIP Global, Inc.'s management, including, but not limited to, GoIP Global, Inc.'s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.'s ability to raise additional capital to fund future operations, GoIP Global, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Contact: GoIP Global Inc info@goip-global.com 1-833-644-4644 (GOIG)