For $13M you get:
- US$3M Cash and Bitcoin
- DirectX liquidity platform (growing at 45% last quarter), leveraged to increasing bitcoin demand.
- 2 year BTC mining capabability with state of art Spondoolies equipment and low cost data centre, leveraged to bitcoin price (obviously pared back by difficulty level rises)
- Airpocket: Fully developed, working, regulatory compliant, blockchain based remittance app that is cheaper, faster, more flexible than most other options. Has international JV partners in final stages of distribution and marketing partnerships. Beta launched in Latin America and due for completion of expanded beta by end of 2015.
Not ramping, thats just what it is. Downside is if no distribution agreements reached, bitcoin tanks or some technical flaw. None of which are currently in play form my info.
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- Ann: AirPocket First Stage Public Beta Successfully Completed
Ann: AirPocket First Stage Public Beta Successfully Completed, page-48
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