NEW YORK, March 01, 2018 (GLOBE NEWSWIRE) -- ATHC acquired a $2,806,000 lien (third position) secured by real property valued at an estimated $7,000,000 against a real estate property in Nassau County, New York for 500,000 shares of common stock. The transaction has been E-Filed with NYCourts.gov. The acquisition of this asset will enable ATHC to immediately create shareholder value. The Company will continue to raise capital, furthering the engineering and implementation of alternative lending platforms, utilization of blockchain technologies and developments of Cryptocurrencies.
Accelerated Technologies has engaged an Eastern European technology group affiliated with Intelagy LLC which Mr. Eric Kuvykin founded in 2013. Intelagy integrated Bitpay as a payment solution for small and medium sized businesses (SMB’s) in September of 2014 (http://www.intelagy.com/news/intelagy-bitpay-integration.php ). The management of the Eastern European group has over 25 years of experience in system integrations, security, technological development for government projects and Blockchain utilization. The first Token Generated Event (TGE) to be launched with the participation of Accelerated Technologies Holdings Corp. is expected in mid March 2018.
Following the appointment of Mr. Eric Kuvykin as President, ATHC has engaged a securities attorney and accounting firm to complete and file an S-1 Registration Statement with the Securities & Exchange Commission (“SEC”), and anticipates filing the SEC S-1 registration statement in May 2018.
On February 28th, 2018 the SEC accepted the Form-D filing from Accelerated Technologies Holding Corp., which enables ATHC to raise capital for the purpose of executing initial funding strategies.
“We are very pleased with the engagement of our regulatory law and accounting firms to update our registration statements and financial statements with the SEC and OTCMarkets.com. We are aggressively working on expanding our team, utilizing blockchain technologies, participating in our first TGE and deploying our first cryptocurrency. As we begin to generate revenue and create shareholder value, we begin to explore various acquisitions and joint venture opportunities,” said Eric Kuvykin, President.
Accelerated Technologies Holding Corp. (OTCMarkets:ATHC) is a full-service end to end business solution and technology company that specializes in cloud based disruptive technologies. The Company provides consulting and enterprise level technology services. In addition, ATHC is developing its own disruptive technology products in the sectors of artificial social realities, short-term alternative funding platforms, electronic payment solutions and Blockchain technologies focused on social engagement, sports, entertainment and content creation.
For more information visit www.athcorp.com
Statements made in this letter include certain forward-looking statements, management's objectives, strategies, beliefs and intentions. The Companies do not intend, and do not assume any obligation, to update forward-looking statements which are frequently identified by such words as "may", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements represent management's best reasonable judgment based on current facts and assumptions. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of competitive risks and the availability of financing. Actual events or results may differ materially from those projected in the forward looking-statements and readers are cautioned against placing undue reliance thereon.
Eric Kuvykin 212.385.9200 eric.k@athcorp.com
Source: Accelerated Technologies Holding Corp.