[December 29, 2020]
VANCOUVER, British Columbia, Dec. 29, 2020 (GLOBE NEWSWIRE)
NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events today announced that it plans to make an initial investment of $2million in Bitcoin and may add more in 2021.
NexTech CEO, Evan Gappelberg comments, âOur investment in Bitcoin is part of our new capital diversification and allocation strategy with the intent to maximize long-term value for our shareholders.â He continues, âThis initial investment reflects our belief that Bitcoin is a long-term store of value and an attractive investment asset with more long-term appreciation potential than holding cash, which is currently yielding 0.06%. Bitcoin is a digital version of gold which has a total market capitalization of $10trillion versus Bitcoinâs total market capitaliza
CEO continues to increase his position
Company hires executives from major technology companies including: Oracle, IBM, SAP, Cisco to support its ambitious Asia Pacific and Japan product rollout
VANCOUVER, British Columbia, Dec. 21, 2020 (GLOBE NEWSWIRE)
NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events today announced that CEO Evan Gappelberg purchased 250,000 shares.
This is his fifth purchase for the year 2020
This purchase brings his 2020 purchased shares to 1,279,885 common shares of NexTech
This purchase brings his total investment in 2020 to $975,921
NexTech CEO Evan Gappelberg purchased the shares by exercising 250,000 warrants which put an additional $175,000 onto the balance sheet, further bolstering the company s cash and inventory position which is already over $16 million.
NexTech AR to Uplist to the NEO Exchange, Canada s Innovative Senior Exchange Other OTC:NEXCF globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
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Seet brings over 30 years of experience to the NexTech team, ranging from international trade show organization to managing mega convention and exhibition centers
His previous work ranges from Singex Group, the Jakarta Convention Center, various exhibition organizing companies and both National and Regional MICE Organizations
The addition of Seet and his vast network will help NexTech further engrain itself in Asia s $229B MICE industry
VANCOUVER, British Columbia and SHENZHEN, China, Dec. 11, 2020 (GLOBE NEWSWIRE)
NexTech AR Solutions (NexTech) (OTCQB:NEXCF) (CSE:NTAR) (FSE: N29), a leading provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events today announced that it has added Meeting Incentive, Convention & Exhibition (MICE) industry veteran, Steven Seet, as its Senior Director, Asia Pacific. In his new role, Seet will utilize his vast network and industry experience to support NexT