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FOR IMMEDIATE RELEASE Inolife Technologies Inc. (Bitcoin Generation Inc.) provides shareholder update Bartlesville, OK - March 1, 2018- Inolife Technologies Inc. (Bitcoin Generation Inc.) OTC- INOL
FOR IMMEDIATE RELEASE Inolife Technologies Inc. (Bitcoin Generation Inc.) provides shareholder update Bartlesville, OK - March 1, 2018- Inolife Technologies Inc. (Bitcoin Generation Inc.) OTC- INOL.
About this update from Bitcoin Generation Inc
[{"type":"text","content":"FOR IMMEDIATE RELEASEInolife Technologies Inc. (Bitcoin Generation Inc.) provides shareholder updateBartlesville, OK - March 1, 2018- Inolife Technologies Inc. (Bitcoin Generation Inc.) (OTC- INOL) provides the following update from Deniz Hadjiev, President and CEO of the Company:Dear Shareholders,Further to a number of inquiries, the Company is providing you with the following update and clarifications as it relates to the recently announced tri-merger and change of business.Name ChangeThe Company has proceeded with a request to change name to Bitcoin Generation Inc., a new symbol and a new CUSIP. The company’s legal counsel has filed the required documentation with FINRA and said name change are typically processed within a 10-day period. Change of BusinessBitcoin Generation Inc. is a company specializing in the development of blockchain application, as well as bitcoin and alternative coin mining using proprietary in-browser mining application as well as planning to implement a mining operation. The company has developed two ERC20 Tokens, 1) Bitcoin Generation Coin under the symbol BCGc with 21 million total supply, and 2) Bitachon under the symbol BTA with 5 billion in total supply of which 4.5 billion are currently held by the company. Common shares, and Preferred sharesShareholders who hold shares of Inolife Technologies do not have to tender their shares and no action is required on their part. The change in CUSIP and or name change will not affect their holding balance. There are now 850,537,176 common shares issued and outstanding and 10,000 preferred F shares. The company does not plan and or intend on any corporate action including but not limited to reverse split of its common shares and or preferred F shares.TradingIt has come to the attention of management that some online discount brokerage firms are requiring account holders who wish to buy INOL stock to phone in their initial first trade, after the initial call and trade the management has been told the account holders are free to trade INOL electronically with no extra steps. Company’s counsel has inquired as to why this initial step needs to be taken and while no OFFICIAL answer has been given, this process is sometimes implemented during or after the issuer has undergone significant corporate actions i.e., name change, i...