FORT LEE, N.J., Aug. 07, 2018 (GLOBE NEWSWIRE) — GD Entertainment And Technology (GDET) (“GDET” or the “Company”), a leader in cryptocurrency mining and mining colocation services, is proud to introduce an augmented shareholder communications initiative to grant current and prospective shareholders improved clarity into GDET’s business plans, operational performance, and growth strategy, and to advance general investor knowledge about the Company and its objectives.
The impetus behind this initiative is a combination of the Company’s strong advocacy of transparency paired with a dramatic increase in shareholder inquiries in response to GDET’s recent positive strides in its Bitcoin mining operations as well as the Company’s recently completed major upgrade to its primary New Jersey Cryptocurrency mining facility.
As a part of this initiative, the company will be developing and maintaining its brand narrative and identity through proactive media and messaging tools, including a tailored digital communications strategy, the cultivation of a receptive target audience, and the targeting of key players in the influencer community. Management believes this expanded level of transparency and visibility will benefit both the Company and its shareholders.
“As we grow operations and scale things to the next level, it only makes sense to ramp up our visibility and transparency,” noted Mr. Anil Idnani, CEO of GDET. “A larger operation, by definition, means more people with a stake in the outcome each step of the way. We have tremendous respect for all of our shareholders and wish to nurture a productive flow of information in both directions. This will benefit shareholders through greater insight into our tactical and strategic landscape, but it will benefit management here at GDET at least as much by spurring a productive dialogue with a knowledgeable base of shareholders.”
To bolster this new initiative, GDET is engaging with partners to aid in the delivery of relevant information, including those with the reach to enhance the effective footprint of information dissemination, including active social media engagement and digital marketing efforts.
Mr. Idnani continued, “It’s a jungle out there. And it’s easy to get lost in the noise even if you have a potent message. We understand that, which is why we are implementing a strategy to ensure that GDET’s message and brand, and our successes, will not get lost in that jungle.”
GD Entertainment & Technology, also known as GDET, is a result driven, blockchain-oriented company focused on becoming a premier Cryptocurrency mining facility. GDET will build and manage a Cryptocurrency mining colocation and mining facility that is client-focused and dedicated to creating a new standard in the Blockchain space based on security and transparency. GDET has also developed a strong relationship with suppliers overseas to ensure future purchasing.
Safe Harbor Provision
Cautionary statement for purposes of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the execution and performance of contracts by the Company and its customers, suppliers and partners. Please also review GD Entertainment and Technology annual and quarterly financials for a more complete discussion of risk factors. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise. This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sale of these securities in any state in which such solicitation or sale would be unlawful prior to registration or qualification of these securities under the laws of any such state.
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