NetworkNewsBreaks –, Inc. (CIIX) Enters LOI to Acquire Assets of

May 7, 2018 09:13:45

Premier financial information company, Inc. (OTCQB: CIIX) this morning announced its entry into a letter of intent to acquire the assets of, a leading Colorado cryptocurrency ATM and over the counter operation. currently has nine ATM locations throughout Colorado and is currently reporting approximately $500,000 in unaudited monthly revenues. “The acquisition of provides, Inc. the opportunity to expand its current cryptocurrency and blockchain business to include a retail facing service,” Paul Dickman, CFO of CIIX, stated in the news release. “The combined synergy of the media and internet education services, the mining, and the ATM/OTC operations is expected to generate $10m-15m in revenue in the first twelve months following complete integration.” Per the update, the companies have until June 30, 2018, to enter into a definitive asset purchase agreement related to this acquisition.

To view the full press release, visit


Founded in 1999, endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational related services in Chinese language character sets (traditional and simplified); (b) advertising and public relation related support services; and (c) retail and online sales of hemp-based products and other health related products. For more information visit

More from NetworkNewsBreaks

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office