Business
Bitcoin Collect, Inc. announces the acquisition of Good Vibrations Shoes and its entrance into a multi-billion dollar industry with a proprietary and groundbreaking product
Bitcoin Collect, Inc. announces the acquisition of Good Vibrations Shoes and its entrance into a multi-billion dollar industry with a proprietary and groundbreaking product.
About this update from Good Vibrations Shoes Inc.
[{"type":"text","content":"\n\n\n\nBitcoin Collect, Inc. announces the acquisition of Good Vibrations Shoes and its entrance into a multi-billion dollar industry with a proprietary and groundbreaking product\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nBitcoin Collect, Inc. announces the acquisition of Good Vibrations Shoes and its entrance into a multi-billion dollar industry with a proprietary and groundbreaking product\nPR Newswire\nPOMPANO BEACH, Fla., July 25, 2014\n\n\n\nPOMPANO BEACH, Fla., July 25, 2014 /PRNewswire/ -- Bitcoin Collect, Inc. (OTCPink:BTCC), today announced that it has discontinued its plans to develop virtual currency software, and has acquired a company with an exciting proprietary product in the medical devices industry. The move comes with the resignation of the company's former CEO, Charles Neinstedt, and the appointment of Dr. Richard Koenig, in order to effectively take the company in the new direction.\n\nFormer CEO, Charles Nienstedt explained, \"With so much scrutiny from the federal government, banks, public markets and sanctioned governing agencies, we would have been doing the shareholders a disservice by continuing that business model as a public entity. It became very clear that it would have taken much longer and cost much more money than originally anticipated. When the opportunity presented itself to have the company acquire Good Vibrations, and appoint someone with the credentials of Dr. Koenig to the position of CEO, I knew that this was the best thing for the company.\" Mr. Nienstedt went on to say, \"As an executive, I am saddened to step down, but as a shareholder of Bitcoin Collect, I am extremely excited about the future of the company.\" \n\nGood Vibration Shoes is no ordinary shoe company, it is a medical device company whose product happens to be a specialized patent pending therapeutic shoe that tremendously increases the quality of life of people with many conditions and ailments. The products inventor, and the newly appointed CEO of Bitcoin Collect, Dr. Richard Koenig is no stranger to innovation and market penetration. He developed a t...