SUGAR LAND, TX, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Quantum Medical Transport, Inc. (DRWN) is happy to update stakeholders about the upcoming release of its Initial Coin Offering (ICO) Website in preparation for its Pre-ICO launch to begin offering its Tokens in support of its QuantH medical blockchain technology project. Our new token website will be: http://www.quanth.io
We have been contacted by many investors expressing interest in acquiring our tokens in support of the company’s growth plan. We have indicated to investors that tokens will be available via our private placement on or about February 20, 2018 upon official announcement and release by our service providers. We are currently working to build our technical team of advisors to develop the technology for deployment. We have been vetting acquisition targets for customer acquisition in the medical data management space such as EHR/EMR software companies. We believe we have good acquisition prospects to support our vision for growth, product deployment and increasing revenue for the company. We believe our private placement will be a very successful blockchain technology capital raise. There has been considerable interest expressed since the initial announcement.
Our prospectus offering is being offered to verified accredited investors only in the United States pursuant to Rule 506(c). The offering is being made to international investors outside the United States pursuant to Reg S. Potential investors may obtain accredited investor certification through visiting: www.earlyiq.com and submitting their verification to the company in order to subscribe to the private placement subscription Exhibit B in the prospectus. This Offering is for an aggregate of Fifty Million Dollars ($50,000,000) gross proceeds from the sale of (“Digital Coins (ERC20) Tokens “or “Securities”). The minimum subscription amount is Twenty Five Thousand Dollars ($25,000.00) at a purchase price of $1.00 per token.
The company’s project is its QuantH Medical Blockchain Technology will enable secure encryption data sharing (Health Information Data Exchange) that will be HIPPA compliant. We plan to offer our Pre-Sale or Pre-ICO on or about February 20, 2018 and ending March 20, 2018, then launch the full ICO on March 20, 2018 through April 15, 2018. Any unissued Tokens will be burned. We believe this technology platform can be a significant revenue generator for the company as healthcare professionals such physicians, medical facilities including nursing homes we currently service will be able to utilize the subscription service that will use a multi-signature, multi-layer secure key code through a set of customized nodes to transport data. A full copy of our prospectus can be downloaded and reviewed on our website under the investor relations tab and OTC Markets. (Click link here to download the prospectus:
Prospectus Supplement Information
Discount Structure
During the 30-day Pre-Sale period the purchasers during the first 7 days will receive a 50% discount; days 8-14 will receive a 35% discount; days 15-21 days will receive a 25% discount; and days 22-30 will receive a 15% discount. The pre-sale ends, then the ICO offering begins with full distribution according to the following schedule:
(i) There will be three bonus tranches after the Pre-Sale Period followed by a “standard” tranche.
(a) Tranche 1: All valid contributions made between the first 7 days after the presale shall receive a 35% discount per USD $1.00 of value contributed.
(b) Tranche 2: All valid contributions made between the first 14 days after the presale shall receive a 25% discount per USD $1.00 of value contributed.
(c) Tranche 3: All valid contributions made between the first 21 days after the presale shall receive a 20% discount per USD $1.00 of value contributed.
(d) Valid contributions made after the final contribution credited as the Standard Tranche shall receive no bonuses.
Management, promoters and miners will retain 20 Million Tokens. The project will utilize 20-50 Million Tokens as bonus rewards and discounts to early purchasers.
(This announcement appears as a matter of record only and is not an offer to sale any securities. No party has been authorized to sale securities on behalf of the company. Any offer and sale will be conducted via prospectus only to qualified investors).
About Quantum Medical Transport/United Ambulance/QuantH
QUANTUM MEDICAL TRANSPORT, INC. /UNITED AMBULANCE, LLC is an emergency and non-emergency medical services transportation company that operates in the State of Texas. The Company provides basic and advanced life support ground transport in an emergency and non-emergency setting, 24 hours a day, and seven days a week. The Company makes both local and regional out-of-town services available on a daily dispatch basis.
Management remains focused on providing prompt, high-quality patient care at the Advanced and Basic Life Support levels. Employees will work diligently to achieve goals while maintaining the highest standards of care. QuantH Medical Blockchain Technology will enable secure encryption data sharing (Health Information Data Exchange) via a distributed ledger, multisig key blockchain platform that will integrate with EHR/EMR practice software currently in use by most medical practices.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “intends, “plans,” “should,” “seeks,” “pro forma,” “anticipates,” “estimates,” “continues,” or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under “Risk Factors” and “Our Business.” Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.