Finally some news...
Ether has $13.9M (U.S.) of ether tokens on April 30
2018-05-01 19:40 ET - News Release
Mr. Michael Conn reports
ETHER CAPITAL PROVIDES UPDATE ON ETHER PURCHASES
Ether Capital Corp. has provided an update on its progress implementing its business plan, which initially involves investing funds into ether, the Ethereum ecosystem's native utility token. As previously announced, the Company initially plans to invest 80 to 90 percent of its available capital into Ether.
As at April 30, 2018, the Company's Ether holdings totaled as follows:
Purchased since April 18, 2018 As at April 30, 2018 Ether tokens 20,666.93 20,666.93 Unit price $641.41 (1) $676.37 (2) Total value $13,255,967 (1) $13,978,491 (2) Note: Having regard for market liquidity and price volatility, it should not be assumed that the company's Ether holdings could be disposed of at the market prices quoted above. (1) Based on the average price paid in USD to acquire Ether over the period of April 18, 2018 to April 30, 2018 (2) Trading price represented in USD as at 4:00 pm ET on April 30, 2018 per Gemini auction data.
Ether Capital will continue to execute on its business plan, including additional purchases of Ether, until such time as it has invested 80 to 90 percent of its available capital into Ether. The Company provides regularly updated disclosure of its Ether holdings in the investors section of its website, ethcap.co.
About Ether Capital Corporation
Ether Capital is a Toronto-based technology company whose objective is to become the central business and investment hub for the Ethereum ecosystem. Ether Capital will invest in Ethereum's native utility token "Ether" as a strategic asset, and selectively invest in or acquire Ethereum-based businesses. Founded by a highly experienced Board of Directors and management team, Ether Capital has the resources, experience and relationships to support businesses and invest in industry-shifting disruptive technologies.
We seek Safe Harbor.