CIAU Engages ANCE To Integrate Blockchain Solution For Planned ICO Targeting $530 Billion African Financial Markets
August 01 2017 - 8:30AM
InvestorsHub NewsWire
Ciao Group Engages East African Development
Partners To Integrate Blockchain Solution For Planned ICO Targeting
$530 Billion African Financial Markets
Ciao Group, Inc. (USOTC:
CIAU) today announced engaging East African Development
Partners, a subsidiary of Restance, Inc. (USOTC:
ANCE) to integrate a Blockhain solution for Ciao’s Initial
Currency Offering (ICO). The planned ICO is an integral part
of Ciao’s Blockchain Frontier Markets
Project now under development for over a year. The
Project’s specific initial target is to bring increased liquidity
to USD$530 billion in African publicly traded company
market capitalization. Ciao management is currently in Kenya
meeting with East African Development Partners. Ciao recently
announced a collaboration agreement with Hub
Culture to pilot a secure digital financial
products marketplace constructed on Hub Culture's digital asset
service engine. Aubrey Brown, CEO of CIAU is targeting an ICO
for later this year.
Ciao Group's Refreshed Business
Plan And Name Change To NuMelo Technology
Ciao Group recently announced a
refreshed business plan to concentrate on developing locally
sourced technology and telecommunication services within frontier
and emerging economic markets. The Company is in the process
of changing its name to NuMelo Technology as part of the business
plan refresh.
Restance East African
Development Partners
Restance, through its subsidiary, East African Development Partners
is pursuing several business lines in the growing economies of East
Africa. The Company is developing opportunities in the region
including initiatives in technology and systems integration
services, utility support services, affordable housing and health
products manufacturing. The Company owns a majority interest in
manufacturing equipment being integrated into a health products
manufacturing facility currently under development. The Company is
also under contract with a Chinese real-estate investment firm to
develop real-estate assets in East Africa.
Learn more about Ciao Group / NuMelo
Technology on the Company's website and check back frequently to
keep up with the Company's progress to include two acquisitions
anticipated soon. Look for regular updates to the collaboration
agreement announced today on the websites of both Ciao Group /
NuMelo Technology and Hub Culture.
http://www.numelotechnology.com
http://www.otcciau.com
Disclaimer/Safe Harbor: This news
release contains forward-looking statements within the meaning of
the Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to future events that involve
risks and uncertainties. Among others, these risks include the
expectation that any of the companies mentioned herein will achieve
significant sales, the failure to meet schedule or performance
requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur.
Contact NuMelo Technology:
Info@otcciau.com
+1-866-294-9306
Restance (CE) (USOTC:ANCE)
Historical Stock Chart
From Oct 2024 to Nov 2024
Restance (CE) (USOTC:ANCE)
Historical Stock Chart
From Nov 2023 to Nov 2024