LAS VEGAS, Jan. 25, 2018 (GLOBE NEWSWIRE) -- Black Cactus Global (OTC Markets:BLGI) (the “Company”) is pleased to announce that Lawrence Cummins, CEO, attended the 48th Annual World Economic Forum in Davos, Switzerland. Mr. Cummins was also invited to speak at the Klosters Forum, one of the proceedings hosted by Klosters Innovative Partners. The Klosters Forum aims to bring together disruptive and inspirational minds to tackle some of the world’s most pressing social and environmental challenges.
The World Economic Forum brought together a record number of heads of state, government and international organizations with leaders from business, civil society, academia, the arts and media. The agenda of this year’s forum ranges from the shaping of the new industrial innovation revolution, to the shared future of global economics, to the rise of new technologies such as Artificial Intelligence and Blockchain.
At the Klosters Forum and the Klosters Innovation Partners events, Mr. Cummins sat on numerous well attended panels designed to educate investors, business leaders, and government delegates about blockchain and its potential, and potentially disruptive, applications. Mr. Cummins stated, “My biggest challenge has been enlightening people to the fact that Bitcoin and other digital currencies are merely applications that run on the blockchain. Hence the real focus, the holy grail if you will, is the blockchain and not the cryptocurrency derivatives.”
While at Davos, Mr. Cummins and Black Cactus Global’s Chairman, Harp Sangha met with numerous delegates from international business firms, government agencies, and NGO’s to identify and secure business opportunities for Black Cactus’ Blockchain and Smart Contract solutions for a wide array of applications in Financial Services, Healthcare, Entertainment, Payment Services, Real Estate Operations, Transportation, Smart Cities and numerous other sectors.
About the Company
Black Cactus Global is a technology development company with a focus on Blockchain, machine learning, cryptocurrency, and the Internet of Things. We partner with large corporations and specialised groups on global development and consulting projects in our key development areas of Fintech, digital media, financial services, cyber security, and healthcare.
Our mission is to pioneer the application of Blockchain and overlapping technologies to protect IP and the security of data and financial transactions.
For further information please visit our website at: www.blackcactusglobal.com
Safe Harbor Statements
Certain information contained in this news release constitutes “forward-looking statements” as such term is used in applicable United States and Canadian laws. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates”, “intends” or “believes”, or that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the SEC. Such risks and other factors include, among others, the ability to locate and acquire suitable interests in alternative medicine manufacturing operations on terms acceptable to the Company, the availability of financing on acceptable terms, accidents, labor disputes, acts of God and other risks of the alternative medicine industry including, without limitation, delays in obtaining governmental approvals or permits, title disputes or claims limitations on insurance coverage. The Company believes that the expectations reflected in the forward-looking statements included in this news release are reasonable; however, no assurance can be given that these expectations will prove to be correct, and such forward-looking statements should not be unduly relied upon. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.