NIA is excited to announce its new #1 favorite Blockchain/Crypto stock suggestion Helix Applications (TSXV: HELX).
HELX recently acquired four U.S. blockchain technology patents issued in recent months related to Chain Joining, Hyperconvergence, Chainception, and Payload Layer. The technology was developed by BTL Group, which became NIA’s biggest blockchain technology winner of 2017.
HELX has also signed a non-binding Memorandum of Understanding with GlobalBlock Limited dated effective March 4, 2021. GlobalBlock is a fast-growing, UK-based digital asset broker. HELX and GlobalBlock have agreed to work together exclusively for a period of time to negotiate a potential business combination.
GlobalBlock has been operational since 2018 and offers institutional, private and corporate clients the ability to buy and sell cryptocurrencies via its own dedicated digital asset trading platform, making the market more accessible and efficient to all. Should the parties be able to come to definitive terms on, and complete, a potential transaction, it would combine GlobalBlock's business with HELX’s commitment to digital platforms.
It is currently contemplated that HELX would acquire 100% of GlobalBlock in exchange for an amount of HELX common shares to be no more than 50% of the outstanding common shares of HELX upon completion of any potential transaction.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from HELX of USD$50,000 cash for a six-month marketing contract. NIA's President has purchased 10,000 shares of HELX in the open market. He intends to sell these shares in the future for a profit and can sell them at any time without notice. This message is meant for informational and educational purposes only and does not provide investment advice.