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Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens

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Epazz Inc. announced that its subsidiary CryObo, Inc. will issue tokens for its solar Bitcoin operations, allowing token holders to share in the income generated by Bitcoin mining operations. The new company will be formed in Dubai, a cryptocurrency-friendly country, with plans to secure land and hire personnel. Tokens will be available for residents in Europe, Asia, and the Middle East. CEO Shaun Passley expressed excitement about the project progressing.
Epazz Inc. ha annunciato che la sua sussidiaria CryObo, Inc. emetterà token per le sue operazioni di Bitcoin solari, consentendo ai possessori di token di condividere i ricavi generati dalle operazioni di estrazione di Bitcoin. La nuova società sarà costituita a Dubai, un paese favorevole alle criptovalute, con piani di acquisizione terreni e assunzione di personale. I token saranno disponibili per i residenti in Europa, Asia e Medio Oriente. Il CEO Shaun Passley ha espresso entusiasmo per il progresso del progetto.
Epazz Inc. anunció que su filial CryObo, Inc. emitirá tokens para sus operaciones de Bitcoin solar, permitiendo a los tenedores de tokens compartir en los ingresos generados por las operaciones de minería de Bitcoin. La nueva empresa se formará en Dubai, un país amigable con las criptomonedas, con planes de asegurar terrenos y contratar personal. Los tokens estarán disponibles para residentes en Europa, Asia y Medio Oriente. El CEO Shaun Passley expresó su emoción sobre el avance del proyecto.
Epazz Inc.는 자회사인 CryObo, Inc.가 태양광 비트코인 운영을 위한 토큰을 발행할 것이라고 발표했습니다. 이를 통해 토큰 보유자들은 비트코인 채굴 작업에서 발생하는 수익을 공유할 수 있습니다. 새로운 회사는 암호화폐 친화적인 국가인 두바이에 설립될 예정이며, 토지 확보 및 인력 채용 계획을 세우고 있습니다. 토큰은 유럽, 아시아, 중동 지역 거주자에게 제공될 예정입니다. CEO 션 패슬리는 프로젝트의 진전에 대해 기대감을 표했습니다.
Epazz Inc. a annoncé que sa filiale CryObo, Inc. émettrait des jetons pour ses opérations de Bitcoin solaire, permettant aux détenteurs de jetons de partager les revenus générés par les opérations de minage de Bitcoin. La nouvelle entreprise sera formée à Dubaï, un pays favorable aux cryptomonnaies, avec des plans pour sécuriser des terrains et embaucher du personnel. Les jetons seront disponibles pour les résidents en Europe, Asie et au Moyen-Orient. Le PDG Shaun Passley a exprimé son enthousiasme concernant la progression du projet.
Epazz Inc. hat angekündigt, dass seine Tochtergesellschaft CryObo, Inc. Token für ihre Solar-Bitcoin-Operationen ausgeben wird, wodurch Tokeninhaber am Einkommen aus den Bitcoin-Mining-Operationen beteiligt werden. Das neue Unternehmen wird in Dubai gegründet, einem kryptowährungsfreundlichen Land, mit Plänen, Land zu sichern und Personal einzustellen. Token werden für Bewohner in Europa, Asien und dem Nahen Osten verfügbar sein. CEO Shaun Passley äußerte seine Begeisterung über den Fortschritt des Projekts.
Positive
  • Token holders will receive a share of the income from CryObo, Inc.'s solar Bitcoin operations.
  • The formation of a new company in Dubai signifies expansion into a cryptocurrency-friendly market.
  • Availability of tokens for residents in Europe, Asia, and the Middle East indicates global reach and potential growth opportunities.
  • The CEO's positive statement reflects confidence and enthusiasm in the project's advancement.
Negative
  • None.

Token holders will get a share in the income that Bitcoin mining operations generate

CHICAGO, April 23, 2024 /PRNewswire/ -- Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps, drone technology and cloud-based business software solutions, announced today that its subsidiary CryObo, Inc. will issue tokens for its solar Bitcoin operations. Token holders will get a share of the Bitcoin mining operations income. CryObo, Inc. will be forming a new company in Dubai to issue the tokens. Dubai is a friendly country for cryptocurrency ventures.

Once formed, CryObo will begin to secure the land and hire personnel.  Tokens will be available for residents in Europe, Asia and the Middle East.  

Shaun Passley, Ph.D., Epazz Inc. CEO and chairman, said, "We have been working on its project for some time, we are excited that it is moving forward."

About CryObo Inc.
CryObo Inc. will be enhancing its software to give early access to companies backed by tangible assets an easy way to access the token markets. The company's platform will change how people transact real estate, digital assets, corps and raw materials by allowing companies to access the future value of their assets. The growth of Bitcoin and other cryptocurrencies is bringing new regulations for large financial service companies, which will require a smart solution to manage their growing portfolios.

About Epazz Inc. (www.epazz.com)
Epazz Inc. is a leading cloud-based software company specializing in providing customized cloud applications to the corporate world, higher education institutions and the public sector. Epazz BoxesOS v3.0 is the complete web-based business software package for small to midsize businesses, Fortune 500 enterprises, government agencies and higher education institutions. BoxesOS provides a combination of many web-based applications that an organization would otherwise need to purchase separately. Epazz's other products are DeskFlex (room scheduling software) and Provitrac (applicant tracking system).

 

SAFE HARBOR
The "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking language, such as "may," "expect," "intend," "estimate," "anticipate," "believe" and "continue," the negative thereof or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause the actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance, and actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating forward-looking statements. It has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.'s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC Markets filings, which contain general business information about the results of its operations and risks associated with the company and its operations.

 

Contact
For more information, please contact Investor Relations at the following:
investors@epazz.net
312-955-8161
www.epazz.com

Cision View original content:https://www.prnewswire.com/news-releases/epazz-inc-cryobo-inc-solar-bitcoin-operations-will-issue-tokens-302124819.html

SOURCE Epazz Inc.

FAQ

What is the purpose of CryObo, Inc. issuing tokens for its solar Bitcoin operations?

Token holders will receive a share in the income generated by the Bitcoin mining operations.

Where will CryObo, Inc. be forming a new company to issue tokens?

CryObo, Inc. will form a new company in Dubai.

In which regions will the tokens be available for residents?

Tokens will be available for residents in Europe, Asia, and the Middle East.

Who is the CEO of Epazz Inc.?

Shaun Passley, Ph.D., is the CEO and chairman of Epazz Inc.

Why is Dubai chosen as the location for forming the new company?

Dubai is known for being a cryptocurrency-friendly country.

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