Business
HashChain Technology Inc. Announces Update to Anticipated Directors Following Proposed Reverse Takeover Transaction with Digihost International, Inc.
(via TheNewswire) Vancouver, BC - TheNewswire - September 17 , 2019 - HashChain...
About this update from Intellabridge Technology Corp.
[{"type":"text","content":"HashChain Technology Inc. Announces Update to Anticipated Directors Following Proposed Reverse Takeover Transaction with Digihost International, Inc.(via TheNewswire)\n \n \nVancouver, BC - TheNewswire - September 17, 2019 - HashChain Technology Inc. (\"HashChain\" or the \"Company\") (TSXV:KASH) (OTCQB:HSSHF) announces an update with respect to its previously announced reverse takeover transaction (the \"Proposed Transaction\") with Digihost International, Inc. (\"Digihost\"), previously disclosed in the Company's press releases of March 28, 2019, April 26, 2019, June 7, 2019, July 29, 2019 and September 11, 2019. Upon completion of the Proposed Transaction, it is anticipated that all of the directors and officers of HashChain will resign and be replaced by nominees of Digihost.\n\n\n \nThe Company is pleased to announce that two additional directors, Gerard Rotonda and Gerard Guez, are anticipated to join the anticipated directors of the issuer resulting from the Proposed Transaction (the \"Resulting Issuer\"), as disclosed in the Company's management information circular of September 6, 2019 and comprehensive news release of September 11, 2019. Mr. Guez and Mr. Rotonda will join Michel Amar, Alec Amar, Jon Williams, Adam Rossman and Manish Kshatriya as anticipated directors of the Resulting Issuer. \n\n\n \nGerry Rotonda was the Chief Financial Officer and Executive Committee Member for Deutsche Bank Wealth, Management Americas from 2011 through 2018. Mr. Rotonda has over 30 years of experience in business development and financial analysis, most recently as Co-Founder and Partner at MMR Development, a real estate company which develops or repositions office, residential and hotel properties. Mr. Rotonda has also been Senior Business Leader and Director Strategy and Planning at MasterCard Incorporated, Director Strategic Planning at Credit Suisse Group, and Vice President Investment Finance and Structured Lending at Citigroup. Mr. Rotonda holds a BSBA in Accounting and MBA from Boston University.\n\n\n \nGerard Guez is an entrepreneur and business and currently serves as Chairman and founder of Sunrise Brands, which was originally founded as Tarrant Apparel Group in 1988 with iconic brands Sasson jeans and JAG. Over the past 30 years, Mr. Guez has been involved in building many recognizable brands that we know today including...