Carsmartt, Inc. (OTC Pink: SRSP) is a ride sharing and cryptocurrency mining holding company. Shares of the diversified holding company are rallying 11.06%, through early trading on Friday, December 22, 2017. Over the past month, Carsmartt, Inc. has seen average daily volume of 468,154 shares. However, volume of 309,834 shares or dollar volume of $22,710, has already exchanged hands on the day.
Shares of Carsmartt, Inc. are gaining today, after the company provided an update on its cryptocurrency mining purchase. The company has entered into a supply agreement for its cryptocurrency mining operations. The company made the purchase with Asian ImEx Logistics, Ltd. in Hong Kong. Here is the full press release detailing of the update:
Carsmartt, Inc. Press Release:
PALO ALTO, Calif., Dec. 20, 2017 /PRNewswire/ — The President of Carsmartt®, F/K/A Sports Supplement Group, Inc., (OTC-SRSP), Roy Capasso, is pleased to announce that on December 20, 2017, Carsmartt® has entered into a purchase and supply agreement for the following equipment for its crypto currency mining operations to support Coinsmartt™ and long term investment in crypto currency. Its initial order is for:
Antminer S9 (25 Servers) –
8 AMD RX 580 graphic card mining Rigs (5 Rigs) –
Antminer D3 (5 Servers)
Antminer L3+ (5 Servers)
The purchase and supply agreement is with Asian ImEx Logistics Ltd , Unit 1010, Miramar Tower, 132 Nathan Rd., Kowloon, Hong Kong, a Hong Kong based provider of crypto currency mining equipment.
Mr. Vito Visconti stated these servers will provide Carsmartt® with its initial base of mining equipment to be housed in the data center in Miami, owned and managed by Crypto Realm, LLC. These servers will support both the internal mining for Carsmartt and its new Coinsmartt™ token and is also anticipated to provide income producing revenues for Carsmartt® in this exciting Bitcoin space. It is anticipated these servers will be installed and in operation by mid-January 2018.
On December 19, 2017, Mr. Robert Scott announced that Carsmartt® team will be attending the World Blockchain Forum in Miami, Floridaon January 18th and 19, 2018. Mr. Scott, Carsmartt’s new Vice-President of Block Chain and Crypto Currency, stated that “the Miami Forum will be one of the biggest shows of the year in the crypto space.” The Company believes the implementation of its mining facility will demonstrate to the participants Carsmartt’s commitment to crypto currency.
Carsmartt® Inc., F/K/A Sports Supplement Group, Inc., is a startup company of the revolutionary app CARSMARTT.COM, a ride sharing concept located in Palo Alto, CA (Silicon Valley). At Carsmartt® we aim to make long distance traveling safer and more affordable, while connecting with people along the way. Carsmartt® members can choose to share a ride or ship a package with the option of applying insurance coverage. All Carsmartt® drivers are subject to a background check to reassure the safety of passengers. Carsmartt® is currently now active in the USA, Italy, Mexico and Colombia. However, our company will soon continue to expand to Europe, Canada and Latin America.
About: Crypto Realm, LLC
Crypto Realm, LLC, http://www.crypto-realm.com, founded by Robert Scott. A special purpose data center created by crypto-currency miners for other miners. We are a full service, full lifecycle host of ASIC, GPU, and CPU mining equipment.
2000 Ponce De Leon Suite 600, Coral Gables, FL 33134, email@example.com.
Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although CARSMARTT®, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, CARSMARTT®, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability to meet the conditions necessary to, among other matters, obtain a public listing on a major national exchange.