2020-07-16 01:50 ET - News Release
Mr. Clayton Moore reports
NETCENTS TECHNOLOGY ANNOUNCES ADDITION TO ADVISORY BOARD
NetCents Technology Inc. has added Jannis Flachsmann to its advisory board.
Mr. Flachsmann is a senior attorney at GHM Partners AG, focusing on legal, tax and fiduciary matters. Previously, he was an attorney at the firms of Weidmann Rudolf & Partner and Lichtsteiner Rechtsanwaelte. Mr. Flachmann also worked at the Civil Court of the Canton of Zug, Switzerland. Notable about his experience is that he has lived and worked in Zug, Switzerland, for almost his entire career. Zug is a highly respected hub for legal and technology matters relating to the growing cryptocurrency industry. Mr. Flachsmann has been admitted to the bar in Switzerland, and obtained his master of law (LLM) degree from Fordham University in New York.
"I have been watching the cryptocurrency and blockchain industry mature for the last few years, but I think that 90 per cent of the growth is still to come," stated Mr. Flachsmann. "I am very excited to bring my unique experience, legal skill set and connections to NetCents."
"Mr. Flachsmann will bring a unique dimension to our advisory board and add immensely to our capabilities to react to a very dynamic landscape," stated Clayton Moore, founder and chief executive officer of NetCents Technology. "The taxation considerations of cryptocurrency are extremely complicated. Having someone as well versed as Mr. Flachsmann will give us a strategic edge in winning the large international corporate customers we are now soliciting."
NetCents continues the buildout of its European presence, including specific resources dedicated to servicing European customers from an operational, banking and sales perspective. "Europeans are more focused on having financial capabilities that aren't tied directly to government agencies. They are more open to the cryptocurrency products we are building, so we are going to capitalize on that momentum," added Mr. Moore.
The company is looking forward to sharing developments with investors regarding its European efforts. In addition, NetCents has engaged FXCT Media Inc. for investor relations services. FXCT has been paid a fee of $190,000 (U.S.) for a term of 12 months. FXCT is a digital marketing agency, specializing in on-line investor awareness for publicly traded companies. FXCT reaches a broad range of investors and institutions through highly targeted placement on financial media platforms.
About NetCents Technology Inc.
NetCents, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a money service business (MSB) with FINTRAC.