TULSA, OK--(Marketwired - Feb 13, 2014) - Efftec International, Inc. (
Efftec targeted this particular application for a variety of reasons, to be expanded on once we fully close this transaction. Our general strategy which compelled us to make this acquisition is centered around our belief that cryptocurrencies represent, at once, a novel currency, a novel marketplace, and a unique financial instrument which is only in its infancy. It is not often that an entirely new sector is born, and we believe the potential for commerce in this sector holds almost unlimited potential for expansion, and increased adoption in the years to come. Along with the very likely growth of the entire cryptocurrency sector will come opportunities for those involved, and properly positioned, to reap the rewards.
The Company will release further details on our plans and strategy surrounding this acquisition once fully complete. We expect the transaction to be closed within 1 week's time.
Efftec International, Inc. (
Safe Harbor:
This Press Release may contain, among other things, certain forward-looking statements, including, without limitation, (i) statements with respect to the Company's plans, objectives, expectations and intentions; and (ii) other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans" or similar expressions. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company's control).