GoIP Global, Inc. (OTC Pink: GOIG) is a diversified technology company that focuses on developing solutions for enterprises and governments. Shares of the technology company are climbing 27.27%, through afternoon trading on Wednesday, March 28, 2018. Over the past month, GoIP Global, Inc. has seen average daily volume of 25.54 million shares. However, volume of 57.7 million shares or dollar volume of $40,390, has already exchanged hands on the day.
Shares of GoIP Global, Inc. are gaining today after the company announced further developments for its GoPOWER and GoENERGY divisions. The GoPOWER platform will be developed on the blockchain, while GoENERGY will be an energy trading and reselling platform. Here is the full press release detailing of the company’s move into energy resale and trading markets:
GoIP Global, Inc. Press Release:
NEW YORK, NY, March 28, 2018 (GLOBE NEWSWIRE) — GoIP Global, Inc. (symbol GOIG.pk ) announced today that the Company is working on its two divisions: GoPOWER and GoENERGY. GoPOWER is GoIP’s Green Energy Platform which is being developed based on blockchain technology and GoENERGY is a system to allow green energy trading and peer to peer relationships in energy buying/selling. GoENERGY will start in New York State.
Jeffery Lines, GoIP’s President, commented, “GoENERGY, a 100% GoIP subsidiary, has been registered in New York State and will be applying for ESCO status with the NYISO. Once done GoENERGY will register with the several New York State energy providers such as ConEdison, National Grid and Niagara Mohawk to enable GoENERGY to service their energy customers in New York’s deregulated market. The plan is to have our energy customers buy and pay directly to/from our energy suppliers, eliminating several layers of middlemen and costs. We will truly be a Smart ESCO. Additionally, we are seeking to roll up existing ESCOs to grow our network.”
Mr. Lines further stated, “The company is in active negotiations on several targeted and key acquisitions which will be immediately accretive; while there can be no assurance that negotiations will result in a deal closing the company is highly confident and we will have an update for shareholders in the very near future.”
About GoIP Global Inc., an IoV Company
GoIP’s mission is exploring and developing the strategic opportunities of Blockchain. Focusing on Energy, for Industry Transformation, Competitiveness, Management and Public Value. The technology that will enable secure and formalize the digital relationships shaping the future of enterprise, government and the global economy. The first generation of the digital revolution brought us the Internet of Information. The second generation- powered by Blockchain Technology – is bringing us the Internet of Value: a new, distributed platform that can help us create the digital relationships that will reshape the world of business and transform the old order of human affairs for the better.
Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases “can be,” “expects,” “may affect,” “believed,” “estimate,” “project,” and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.’s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.’s control. In addition to those discussed in GoIP Global, Inc.’s press releases, public filings, and statements by GoIP Global, Inc.’s management, including, but not limited to, GoIP Global, Inc.’s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.’s ability to raise additional capital to fund future operations, GoIP Global, Inc.’s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.’s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.