IRVINE, Calif., June 21, 2016 (GLOBE NEWSWIRE) -- Global Future City Holding Inc. (OTCQB:FTCY), (the “Company”) and its strategic partner, Great Coin, Inc. (“Great Coin”), would like to announce that www.gx-coin.com is the one and only official website for GX-Coins. The Company and Great Coin have never been affiliated with www.wanfu66.com, www.gx-coins.com, www.jaxinb.net, http://www.kewosidibao.cn/wei/qnrZZI/WZWIuWu8.html, www.wanfujifen.com, www.sgjlw.com and any related solicitation, operations, websites, platforms and marketing and promotional material in any capacity. The Company and Great Coin have never solicited, marketed or sold any GX-Coins to any such websites nor endorse any content, views or offers expressed in such websites. The Company, Great Coin, Inc. and GX-Coins are in no way and have never been affiliated with any such websites in any capacity.
About Global Future City Holding Inc.
Global Future City Holding Inc. is a holding company focused on marketing and deployment of its membership program and implementation of real estate projects using foreign investors funding under the EB-5 immigrant investor program. The Company plans to focus its initial efforts on acquiring qualified investment projects that are aligned with the EB-5 program and launching the digital currency-based membership program. Additional information on the Company may be viewed at http://www.gf.city.
About GX-Life Global, Inc.
The Company’s wholly-owned subsidiary, GX-Life Global, Inc., has developed a robust, scalable platform to support its membership program throughout the world. GX-Life Global is supported by “GX-Coins” which is a digital currency that functions as a store of value and a medium of exchange. GX-Life Global plans to utilize GX-Coins by either brokering the sale of coins to members in which GX-Life will make a profit, or allowing its members to redeem their commissions in cash or GX-Coins. Additionally, GX-Life members have opportunity to purchase a limited number of GX-Coins at a discount and can earn a bonus paid in GX-Coins.
About Great Coin, Inc.
The Company’s strategic partner, Great Coin, Inc., is a technology company that has developed “Great Coin” or “GX-Coins”. GX-Coins are freely transferable on an online trading platform, and the price of a GX-Coin is determined by market forces through trading activity. As a digital currency, GX-Coin’s ownership and transfer are recorded on an encrypted, secured distributed ledger system using technology similar to the distributed ledger technology used for trading digital currencies.
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 direct marketing 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.