NEW YORK, Aug. 1, 2014 /PRNewswire/ -- MyBigCoin.com Inc., the corporate parent of the online cryptocurrency platform and virtual wallet website www.MyBigCoin.com announced today that it will seek to file for an Initial Public Offering ("IPO") and become publicly held. Offering the only email-based payment system for cryptocurrencies, MyBigCoin expects to seek regulatory approval of its IPO within the next sixty days. If successful, the company would become one of a mere few publicly held companies whose business model focuses entirely on digital currencies and the peer-to-peer transfer of digital currencies.
"This is an exciting time for MyBigCoin.com as operationally we are seeing strong growth patterns for our revolutionary technology," that is the consensus statement of the officers and team members at MyBigCoin. "The company's core team members believe that an IPO would help further their operational objectives, while lending further credibility to the company's proprietary digital currency system." The company has engaged attorney Adam S. Tracy and the securities law firm of the Securities Compliance Group and will be engaging a PCAOB auditor to audit the company's financial statements in the coming days.
The company's expectation is to have its common stock listed on the Over the Counter marketplace.
About MyBigCoin.com Inc.
MY BIG COIN is a peer-to-peer digital currency. P2P means that there is no central authority to issue new money or keep track of transactions. Any Time Any Place. http://www.MyBigCoin.com
Safe Harbor Statement
Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and may involve a number of risks and uncertainties. Forward-looking statements are based on information available to management at the time, and they involve judgments and estimates. Forward-looking statements include expressions such as "believe," "anticipate," "expect," "estimate," "intend," "may," "plan," "predict," "will," and similar terms and expressions. These forward-looking statements are made based on expectations and beliefs concerning future events affecting MyBigCoin.com Inc. and are subject to various risks, uncertainties and factors relating to MyBigCoin.com Inc.'s operations and business environment, all of which are difficult to predict and many of which are beyond MyBigCoin.com Inc.'s control, which could cause MyBigCoin.com Inc.'s actual results to differ materially from those matters expressed in or implied by these forward-looking statements. New risks and uncertainties arise from time to time, and it is impossible for MyBigCoin.com Inc. to predict these events or how they may affect it or its anticipated results. MyBigCoin.com Inc. has no duty to, and does not intend to, update or revise the forward-looking statements in this release, except as may be required by law. In light of these risks and uncertainties, readers should keep in mind that any forward-looking statement made in this press release may not occur. All data presented herein is as of the date of this release unless otherwise noted.
Adam S. Tracy, Esq.
Securities Compliance Group, Ltd.
SOURCE MyBigCoin.com Inc.