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SILVER SCOTT MINES, INC (SILS) REEMERGES AS A DIVERSIFIED BLOCKCHAIN COMPANY
SILVER SCOTT MINES, INC (SILS) REEMERGES AS A DIVERSIFIED BLOCKCHAIN COMPANY.
About this update from Silver Scott Mines, Inc.
[{"type":"text","content":"Championsgate, FL April 1, 2022 Silver Scott Mines, Inc. (OTCPINK: SILS) today announced that a majority of shareholders have approved the official name change to Silver Scott Digital Holdings, Inc. following a recent unanimous vote of the Board of Directors. The Name change will be subject to the FINRA review process and the company will continue to file reports with OTC markets under the name Silver Scott Mines, Inc. until the review process is completed.. Wes Holland, CEO, reaffirmed that the focus on blockchain technologies has been underway since last October, and started with the previously announced launch of wholly owned subsidiary Cognitive Crypto LLC.In the four months since its launch, Cognitive Crypto’s flagship subscription education offering—Dr. Crypto Pro—surpassed 200 members and earned approximately $1 million in revenue. Of that success, Holland said, “The overwhelming majority of professionals are simply not connected to the massive cryptocurrency opportunity in a meaningful way. We are connecting them to our expert, our team, and our tribe of members—and they discover they are not a lone wolf in their crypto trading endeavors.” Cognitive Crypto, LLC President Matthew Cozzolino helps members get onboarded and comfortable putting their actionable intelligence to work. He added “The “aha” moment is when they go from confused to confident. When they trade crypto successfully, they get as excited as I do—it’s been by far the most rewarding feeling I’ve had in 30 years of trading in the financial markets.” The company also completed a private offering of $1.2 million dollars, including a 20% over-allotment. The offering was quickly oversubscribed after being introduced to the company’s accredited investor members. The offering was designed to deploy investment capital that will bolster the balance sheet, hedge it from hyperinflation and be strategically important for future growth of the company’s fair value. Holland said, “We will not only invest in companies in which we see long term benefits but also provide synergies to our growing ecosystem. We now own digital assets and invested in an NFT minting platform as well as a large cryptocurrency exchange. We look forward to additional NFT investments and partnerships that provide opportunities for exponential growth in a shared future.” Cozzolino added, “W...