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Solpower to change its name to Bitcoin Collect as virtual currency and medical marijuana industries show major interest
Solpower to change its name to Bitcoin Collect as virtual currency and medical marijuana industries show major interest.
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[{"type":"text","content":"\n\n\n\nSolpower to change its name to Bitcoin Collect as virtual currency and medical marijuana industries show major interest\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\nSolpower to change its name to Bitcoin Collect as virtual currency and medical marijuana industries show major interest\nPR Newswire\nPOMPANO BEACH, Fla., March 3, 2014\n\n\n\nPOMPANO BEACH, Fla., March 3, 2014 /PRNewswire/ -- Solpower Corporation (OTCPink:SOCR) today announced that it has filed the appropriate documents with the state of Nevada to change the company name to Bitcoin Collect, Inc. The change is set to become effective on March 27th, 2014, giving time for the proper FINRA, and Transfer Agent notifications to be made. This announcement comes just weeks after the company announced its entrance into the virtual currency industry, setting it up to become the premier billing platform for the Medical Marijuana industry, as well as many others. \n\nBecause of the uniqueness of the company's main billing platform called Medcare Collect, adding Bitcoin, was a natural fit. Medcare Collect quickly developed into a full-scale Bitcoin transaction platform, allowing Solpower to become a Bitcoin merchant processor, a role similar to the one a bank takes in traditional payment processing. Bitcoin is a virtual currency that is not restricted by any government, and operates outside the traditional banking system. The new system called Bitcoin Collect is designed with medical marijuana dispensaries in mind, and has been tested with very positive results. The system allows individuals to pay for products and services securely and anonymously, which is a major problem with the current platforms being used in the Medical Marijuana industry. \n\nSolpower CEO, Charles Neinstedt explained, \" It was the overwhelmingly positive feedback and flood of interest from the industry that has prompted us to change our name. There's no doubt that Medical Marijuana use is spreading across the nation, but a stigma will be associated with it for decades to come. At the same time, Bitcoin has started to dominate the ...