NetworkNewsBreaks – GreenBox POS, LLC (GRBX) Completes Takeover of Parent Company

September 24, 2018 10:25:00

Payment-focused technology company GreenBox POS, LLC (OTC: GRBX) this morning announced that it has successfully completed the transfer of all business and assets of its parent company onto GRBX’s books, as planned. Per the update, operations continued normally throughout the transition, and the company remains on track to realize all previously detailed business objectives. “We had a challenge delivering all the required disclosures on time. I am happy to see that the added effort paid off and the process was successfully completed,” Ben Errez, executive vice president of GRBX, stated in the news release. “Our goal of being completely transparent with our shareholders, investors, and the market is a top objective for the company, and new procedures and additional staff will ensure this goal moving forward. We will discuss our growing business activities and accomplishments in greater detail in upcoming news releases.”

To view the full press release, visit

About GreenBox POS, LLC

GreenBox POS (“GRBX”) is a groundbreaking technology company that builds customized payment solutions for a multitude of industries. The company has developed the fastest and safest way to send and process money using Blockchain technology. The company was awarded 5 provisional patents for its technology. GreenBox POS develops the following main products: POS (Point of Sale software and hardware solutions); DEL (delivery app, APIs to POS and PAY); PAY (payment app, providing financial APIs to all other components); KIOSK (deposit, cash and E-wallet management). All products, services and custom hardware are available now from GRBX. GRBX is based in California with offices in Seattle, WA; Las Vegas, NV; Vancouver, BC, Canada; and HQ in San Diego, CA. For more information, visit the company’s website at

More from NetworkNewsBreaks

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company 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. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. 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.

To receive instant SMS alerts, text STOCKS to 77948

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