Corporate Press Release Number
5th day of February 2018
FOR IMMEDIATE PRESS RELEASE
BITRACE INVESTMENTS LTD IS PLEASED TO ANNOUCE THE TIME EXTENSION OF ITS ICO TO THE 25TH DAY OF APRIL 2018
LONDON / TUNIS, February5th, 2018 — BITRACE Investments (“BITRACE”) is pleased to announce the time extension of its ICO from the 25th of March 2018 to 25th of April 2018. The extension is primary due to the technical problems that it was experiencing at the kick-start of its ICO Pre-Sales. The mentioned technical problems are now de facto solved and the time extension will immediately enter into effect.
During the initial phase of the ICO Pre-Sales, BITRACE has succeeded to collect approx. 750.000 US$ in Fiat Currencies and it has additional 3.5 Million US$ commitments pending the payment into the Escrow Account.
“We are quite happy to have solved the technical problems” said Mr. AymenBouaoun, Director and Chief Administration Officer of BITRACE, he continued: “we also hope that the other secured investment commitments in the level of 3.5 Million US$ will flow into the Escrow Account in the days to come, we now have solved the technical problems, and the revised ICO schedule and the time extension will definitely serve our needs to make BITRACE ICO a huge success”, he added: “The Smart Contract will definitely be published this week into https://etherscan.io“
The new revised ICO Calendar is as follows:
ICO Calendar:
ICO Registration: 5 January 2018 to 25 January 2018
PRE — ICO Sales: 25 January 2018 to 25 March 2018
ICO Sales: 25 March 2018 to 25 April 2018
The new ICO Prices and Bonuses:
Pre-ICO Sales:
Phase 1 (30 % Bonus) From 25 Jan 2018 to 5 Feb 2018
Phase 2 (25 % Bonus) From 5 Feb 2018 to 20 Feb 2018
Phase 3 (20 % Bonus) From 20 Feb 2018 to 10 March 2018
Phase 4 (10 % Bonus) From 10 March 2018 to 25 March 2018
ICO Sales:
Phase 1 (Bitrace Token Price = 0.10 US$) From 25 March to 05 April 2018
Phase 2 (Bitrace Token Price = 0.12 US$) From 05 April to 15 April 2018
Phase 3 (Bitrace Token Price = 0.15 US$) From 15 April to 25 April 2018
About BITRACE Investments Ltd.
BITRACE INVESTMENTS LTD is a British investment company based in London, UK, which is a member of KJ Holdings Corp.
The company is in process of developing the Tunisia Racing F1 City project, this project consists in building an integrated sports compound including a Formula 1 Track surrounded by top-class hotel and recreational units: (Total Assigned Beach-Front Land: 300 Hectares) in Hammamet, Tunisia.
BITRACE INVESTMENTS LTD has also succeeded to finalize a deal with Margarete’s Beauty in Toronto Canada to kick-start the worldwide promotion and marketing of LaBelle & LeBeau Franchise Beauty Salons to allow its investors (BITRACE Buyers) to purchase the Franchise products and services using BITRACE Tokens.
BITRACE INVESTMENTS LTD has succeeded to finalize a deal with BDSwiss, to allow its investors (BITRACE Buyers) to Trade Shares, Indices, FOREX, Commodities and Cryptocurrencies with CFDs, using BITRACE Tokens.
BITRACE INVESTMENTS LTD is also planning to perform few acquisitions i.e. a Tour Operator, few Holiday resorts and introduce the payment using BITRACE within Tunisia, North African countries (Maghreb States) and southern Europe.
Contact:
BITRACE INVESTMENTS LTD.
Investor Relations Department
Email: info@bitracetoken.com
Website : www.bitrace-token.com
Safe Harbour Statement; under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company’s control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission.
End of Press Release.