Dec 29, 2017
OTC Disclosure & News Service
Plantation, FL
Plantation, Fl., Dec 29 2017 /RSS FEED -- Alaska Pacific Energy Corp. (OTC PINK: ASKE) is pleased to report that the company's subsidiary, Alaska Pacific Holdings Inc's earlier investment of $5500.00 USD in Bitconnect which is a different crypto currency and a lending platform, is already beginning to generate interest income. Jordan Weinstein the CEO of Alaska Pacific Holdings Inc said that the investment was initially a pilot project, but after a week's worth of interest income, plans are for on not only reinvesting the interest income over the course of 30 days, but also making more direct investments into the company's Bit Wallet. www.bitconnect.com Alaska Pacific Energy Corp, the parent company, and it's CEO Greg Bourque also intends to make personal investments in the parent company on an ongoing basis, so that it can not only buy multiple crypto currencies but join lending platforms as BitConnect. He believes that the investments into lending platforms like BitConnect can help the company with its efforts to create retained earnings on its financial statements. He said that micro cap public companies need to buy financial instruments or products, wherever necessary, and the crypto space allows for small investments that can help generate the necessary funds to keep the Company current with OTC Markets. He further said that if the company can own fractions of Bitcoin for starters, BitConnect tokens and other alternatative coins, these are all assets on the financial statements.
FORWARD-LOOKING INFORMATION
Safe Harbor Statement:
This release may include "forward looking statements" within the meaning of Section 27 A of the Securities Act 1933 as amended, and Section 21 E and/or 27 E of the Securities Exchange Act of 1934, that are based on assumptions that in the future are inherently uncertain, may prove not to be accurate, and are subject to significant risks and uncertainties. These include, but are not limited to statements as to the future performance of the company, its ability to raise necessary financing, and other general economic risks and uncertainties
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