I’m looking at deep-value opportunities in fast growth industries constantly and I can’t imagine being invested in companies that pride themselves on business models that rely on traditional banking or on credit card processing, at this juncture.
The public stopped trusting Wall Street suits a decade ago; then technology has come along that disrupted the business models of established names that have been around for decades; their strategies seem redundant in comparison with blockchain and that puts their careers at risk.
Banking, global wires, payment systems, processing, remittances and fiat currencies themselves hang in the balance, teetering between staying relevant and getting outmaneuvered; the blockchain raises existential concerns for all these giant industries.
When ATM machines were put to use in the streets of metropolitan cities in the 20thcentury, the automation age began. Bank tellers were becoming irrelevant; from 10 tellers in an average bank branch, seven were sacked. Capitalism makes entrepreneurs look for better, cheaper and higher-quality solutions to bring to the market; this is the competitive nature of business.
ICOx Innovations (TSX-V: ICOX & US: ICOX) and its Co-Founder, Cameron Chell, have built a program that extracts its value, irrespective of the price of Bitcoin. In fact, ICOx’s worth has mostly to do with the company’s ability to execute for their clients; they build private blockchain payment systems and design custom-built coins to accompany this.
ICOx customers are in search of ways of reducing transaction costs and strengthening customer adoption and engagement, within their reach. I am extremely bullish on Bitcoin and have been involved with it since 2015, but whether or not it keeps rallying into the 5-figure realm; ICOx is brilliantly structured to prosper from increased demand from major brands’ need to mint digital coins.
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
For one, its market cap is CAD$4.6M; that’s all. And this is pretty much equal to the book value of ICOx’ assets as of their last quarterly filing. Additionally, realize that ICOx has existing clients, which pay it to develop and maintain their blockchain and their coins every quarter, on a recurring basis.
You’ll love the way the company has inked contracts with these three clients; ICOx was commissioned to build and to program their clients’ private blockchain systems and to develop their respective coins, initially. Then, they started getting paid quarterly development and management fees, which will persist for the remainder of their contracts with clients. These contracts can be renewed, indefinitely; a cash flow business model.
Consider the opportunity in ICOx Innovations (ICOX)!
Here’s where this gets really exceptional; the reputation of the individuals involved with ICOx and the potential of board members and the advisory board to form key relationships with new clients and potentially close more deals is, in my view, very likely. This company has TOP GUNS involved:
Our research into this stock has been lengthy, in-depth and broad-based:
To recap it, the financial numbers are what really makes one an extreme value play, in my eyes.
ICOx Innovations (TSX-V: ICOX & US: ICOX) could become a go-to blockchain builder and manager for more and more companies that adopt blockchain, just as KODAKCoin, FreedomCoin, BitRail payment system already have. In fact, they just announced their new client, which is the world’s LARGEST organization of its kind; I’ll have the key insights on this SOON!
In my mind, investors who learn about this company later this year, after we have already got Familiar with its operations, might be SHOCKED to learn they missed out on last Friday’s news, which was so unforgettable.
Consider the opportunity in ICOx Innovations (ICOX)!
Research Partner, PortfolioWealthGlobal.com
Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
Disclaimer ICOx Innovations Inc. (the “Company”) for Forward-Looking Statements
This article contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the author believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this article include statements regarding: the number of cryptocurrency wallets that will be created as a result of the introduction of Facebook’s digital coin; the effect of Cathio on the adoption of cryptocurrency; the number of people who will have access to blockchain technology as a result of Cathio’s efforts; the likelihood of The Dominican Foundation, Christendom College, The Trinitarian Order, The Center for Evangelical Catholicism and other faith-based organizations using Cathio for payment processing and donations; the Company’s expected remuneration and equity stake for services provided to Cathio; the ability of Kambista S.A.C. to provide a payment system linking Latin America to the United States and other countries; and the Company’s role in advancing blockchain technology through the Cathio project and the corresponding benefits to Cathio and the Catholic Church.. The forward-looking statements reflect the author’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. Although the author believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include: changes in growth and size of cryptocurrency and blockchain technology market; attitude of corporations toward cryptocurrency and blockchain; business and consumer acceptance and adoption of cryptocurrency as a viable means of payment globally and in Latin America; the extent to which blockchain technology will be internationally implemented; the continued growth and success of Kambista and Cathio; potential changes for retail transactions involving cryptocurrency; the preferences of members of the Catholic Church to use app-based payment methods; changes in market conditions and other factors beyond the control of the Company.
This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
Never base any decision off of our emails. PortfolioWealthGlobal.com stock profiles are intended to be stock ideas, NOT recommendations. The ideas we present are high risk and you can lose your entire investment, we are not stock pickers, market timers, investment advisers, and you should not base any investment decision off our website, emails, videos, or anything we publish. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. Never base any investment decision from information contained in our website or emails or any or our publications. We have been compensated by ICOx Innovations for a 90 day digital marketing campaign two hundred and fifty thousand dollars. Our report is not intended to be, nor should it be construed as an offer to buy or sell, or a solicitation of an offer to buy or sell securities, or as a recommendation to purchase anything. This publication may provide the addresses or contain hyperlinks to websites; we disclaim any responsibility for the content of any such other websites. Please use our site as a place to get ideas. Enjoy our videos and news analysis, but never make an investment decision off of anything we say. Please review our entire disclaimer at PortfolioWealthGlobal.com.