Pocket Games Issues Supplemental Information Filing to Update Shareholders
February 13 2018 - 10:15AM
InvestorsHub NewsWire
Pocket Games Issues Supplemental Information Filing
to Update Shareholders
PKGM Outlines Plans for the Future and
Details Contract
New York, NY -- February 13, 2018 --
InvestorsHub NewsWire -- Pocket Games, Inc. (OTC:
PKGM), announces today that the Board has approved the release
of material information and has authorized the release of their
newly signed contract which can be found on the OTC Markets Website
and on the Company’s website: https://www.otcmarkets.com/stock/PKGM/disclosure
http://www.pocketgamesinc.com/category/news/
Pocket Games recently announced that it
has setup a new subsidiary to handle the development of its Crypto
Currency business, PocketChain LLC. It subsequently signed a
contract with a third party to mine crypto currencies for
PocketChain, LLC. The contract signed requires a relatively small
investment from Pocket Games and aims to make Pocket Games become
self-sustaining and reduce its reliance on third party funding.
Today, Pocket Games, Inc. makes many of the contract details
available to shareholders via the OTC Markets website.
CEO, David Lovatt, commented “I
understand how this can be an exciting time for shareholders as we
change our business model and that is why we are making our
business as transparent as possible. Gaining access to a
potentially explosive type of revenue stream like this will
fundamentally change our business as well as our financial
situation. With income from an independent source, through the
mining of crypto currencies, our reliance on outside capital should
reduce dramatically. Our aim is to continue to release information
about our strategic direction over the coming weeks and soon hope
to be able to show a new platform that will allow our shareholders,
and others, to get involved with crypto mining.”
CEO David Lovatt has previously stated
that he sees no requirement for a reverse split to fund this new
venture.
In January, the Company announced a 50% reduction in its authorized
share capital and is committed to keeping current its filings on
OTC Markets to aid those undertaking full due diligence on this
phase of the Company’s development.
Pocket Games reminds shareholders that
the only source for public information on its activities is either
OTCmarkets.com or its own website (www.pocketgamesinc.com).
Shareholders are also asked to find
Pocket Games on Twitter ™ (https://twitter.com/PocketGamesInc)
where they will be able to see the beginnings of the corporation’s
new image and get a flavor for its new vision and
direction.
About Pocket Games,
Inc.
Pocket Games,
Inc. is an
alternative reporting company on the OTC:US market, trading under
the symbol PKGM. With a history in developing games and apps for
mobile and PC’s, Pocket Games is currently branching out into
alternate revenue streams.
Forward-Looking
Statements
This press release may contain
forward-looking statements, including information about
management's view of Pocket Games, Inc.’s future expectations,
plans and prospects. In particular, when used in the preceding
discussion, the words "believes," "expects," "intends," "plans,"
"anticipates," or "may," and similar conditional expressions are
intended to identify forward-looking statements. Any statements
made in this news release other than those of historical fact,
about an action, event or development, are forward-looking
statements. These statements involve known and unknown risks,
uncertainties and other factors, which may cause the results of
Pocket Games, its subsidiaries and concepts to be materially
different than those expressed or implied in such statements.
Unknown or unpredictable factors also could have material adverse
effects on Pocket Games’ future results. The forward-looking
statements included in this press release are made only as of the
date hereof. Pocket Games cannot guarantee future results, levels
of activity, performance or achievements. Accordingly, you should
not place undue reliance on these forward-looking statements.
Finally, Pocket Games undertakes no obligation to update these
statements after the date of this release, except as required by
law, and also takes no obligation to update or correct information
prepared by third parties that are not paid for by Pocket
Games.
Contact: invest@pocketgamesinc.com
Web: www.pocketgamesinc.com.com
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