IRVINE, Calif., Nov. 24, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Global Future City Holding Inc. (OTCQB:FTCY) (the "Company") has appointed Ran Qi Jun as the Marketing Director of Mainland China to promote the multi-level marketing (MLM) business of its wholly-owned subsidiary, GX-Life Global, Inc.
Ning Liu, CEO and President of the Company commented, "We are delighted that Ran Qi Jun has joined our team to help us quickly expand into the MLM market in Mainland China. We feel that the integration of the GX-Coin digital security into our membership compensation plan will set us apart from other MLM businesses. With the help of Mr. Ran's expertise and contacts in the MLM business, we should be able to reach a wide range of audience in Mainland China at a rapid pace."
Ran Qi Jun has over 15 years of experience in the marketing industry, with a focus in the MLM sector. Mr. Ran has been involved in the MLM business since 1999 and operated in dozens of different direct marketing companies. He had single-handedly built a team of 1,000 people within a period of 2 months. Mr. Ran graduated from Chongqing Business University in 2000. He studied Business Management at Qinghua University EMBA from 2008-2010, where he also served as the regional director of the university in its Chongqing branch. Mr. Ran also served as the honorary professor of Chongqing Shi Fan University. After years of education and accumulated experience, Mr. Ran developed his own set of universal business method, in which he teaches to people who wish to succeed in the MLM business.
About GX-Life Global, Inc.
GX-Life Global is in the process of developing a robust, scalable platform to support multi-level marketing ("MLM") opportunities throughout the world. GX-Life Global plans to utilize "GX-Coins" which are an open source digital security that functions as a store of value and a medium of exchange. These coins are being registered by its strategic partner, Great Coin, Inc. GX-Life Global plans to deploy the GX-Coins it acquires from Great Coin by distributing them to members of their MLM program community as loyalty points for the members' participation in the MLM program. Members of GX-Life Global will be able to redeem their status points, reward points, and status reward points for GX-Coin at 100% of their points' dollar value. Each member of the MLM program will be issued a GX-Life Global-branded debit card and a separate wallet that holds GX-Coins. Additionally, holders of GX-Coin will be able to use their GX-Coins to purchase products offered by GX-Life Global.
About Global Future City Holding Inc.
Global Future City Holding Inc. is a holding company focused on implementing an EB-5 immigrant investor program for foreign investors who are interested in acquiring lawful permanent residence in the United States, and the marketing and deployment of its MLM loyalty-based retail program. The Company plans to focus its initial efforts on acquiring qualified investment projects that are aligned with its EB-5 Regional Center and launching the digital security-based MLM program. Additional information on the Company may be viewed at http://www.gf.city.
Information about Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: the Company pursuing digital currency, which could have fluctuations in demand and pricing, the introduction and impact of new competitive products or digital currency, the Company's ability to acquire and maintain customer strategic business relationships in the MLM space, growth in targeted markets, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. For a more detailed description of the risk factors and uncertainties affecting the Company, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.