FORT LEE, N.J., March 29, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- GD Entertainment And Technology (OTC: GDET) (“GDET” or the “Company”) today reminded shareholders of the scheduled all new hemp derived CBD products reveal scheduled for next Tuesday, April 2nd, 2019. GDET recently announced its new cannabis subsidiary, The Greenery, and the CBD products to be presented in detail next Tuesday will carry The Greenery label. The CBD product reveal is scheduled in advance of GDET’s formal CBD product line launch scheduled for April 20th, 2019, the annual 420 celebration day for cannabis liberalization.
GDET is a diversified high-growth enterprise portfolio company and in addition to its new cannabis enterprise, the company yesterday announced Cryptocurrency “cold storage card” offered by DreamCard, a GDET subsidiary specializing in fully customizable and premium quality credit/debit cards. Cold storage empowers cryptocurrency to be stored more safely offline. Online exchanges and third-party wallets hold private keys on behalf of clients. This makes exchange storage riskier than cold storage in regard to the keys being out of client direct control. There is currently no guarantee that replaces Cryptocurrency if they are lost or stolen. The Cryptocurrency cold storage market is forecasted to reach more than $15 billion by 2025.
About GDET
GD Entertainment & Technology, also known as GDET, focuses on high growth industries to fulfill a diverse selection of premium products nationwide. The company currently manufactures, wholesales, and markets a portfolio of blockchain/financial service-based products. GDET strives to become one of the premier Cryptocurrency mining facilities that is client-focused and dedicated to creating a new standard in the Blockchain space based on security and transparency. GDET has also developed a strong relationship with suppliers worldwide to ensure future purchasing. The company currently has two subsidiaries, DreamCard and HyperDigital Technologies, which both offer a selection of transactional-based products and services. DreamCard allows users to create a customizable debit or credit card using its state of the art online platform. HyperDigital Technologies is the Cryptocurrency ATM sector of GDET and aims to secure multiple MSB, money services business, licenses in order to host ATM units throughout the country.
Safe Harbor Provision Cautionary statement for purposes of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the execution and performance of contracts by the Company and its customers, suppliers and partners. Please also review GD Entertainment and Technology annual and quarterly financials for a more complete discussion of risk factors. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise. This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sale of these securities in any state in which such solicitation or sale would be unlawful prior to registration or qualification of these securities under the laws of any such state.
Contact:
GD Entertainment and Technology
732-851-3756
anil@gdet.co
https://gdet.co
1 Bridge Plaza
2nd Floor
Fort Lee, NJ 07024