TSXV: INLA | OTCQB:INLAF
VANCOUVER, BC, June 29, 2020 /CNW/ - Canadian-based financial
technology applications company Interlapse Technologies
Corp. (TSXV: INLA) (OTCQB: INLAF) provides the
following summary of corporate and operational milestones since
listing on the TSX Venture Exchange approximately one year ago.
Over the past year, Interlapse has achieved key business goals,
including transforming from pre-revenue to a
revenue-generating company. Moreover, Interlapse is now poised to
grow internationally at a time when virtual currency awareness and
adoption is rapidly increasing world-wide.
- May 30, 2019: Interlapse
completes private funding round, acquires Skyrun Technology Corp.
and commences trading on TSX Venture Exchange.
- June 19, 2019: Interlapse
launches virtual currency platform.
- August 29, 2019: Two-for-one
stock split is complete.
- October 9, 2019: Shares begin
trading on the OTCQB Venture Market in the United States.
- November 5, 2019: Interlapse
demonstrates success, paving the way for international
expansion.
- December 5, 2019: Successfully
pre-registers as Money Services Business ahead of June 2020 new securities regulations.
- December 20, 2019: Private
funding is complete with existing shareholders and new anchor
investor.
- February 5, 2020: Interlapse
launches merchant solution; partners with Canada's largest Bitcoin ATM operator.
- March 31, 2020: Interlapse
acquires Canadian virtual currency brokerage platform
BuyBitcoinCanada.com.
- April 7, 2020: Interlapse reports
increase of 163% in transactions and 60% increase in revenue.
- June 10, 2020: Canadian operation
posts over $2.3 million in volume and
reports successful processing of over 11,000 transactions.
About Interlapse Technologies Corp.
Interlapse
Technologies Corp. is a financial technology applications company
accelerating the global mega-trend of virtual currency adoption.
Our signature product, Coincurve.com, enables a simple, safe way to
buy and spend virtual currency.
To learn more, visit www.interlapse.com.
Neither TSX-V nor its Regulation Services Provider (as that term
is defined in the policies of the TSX-V) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Information
Statements contained in
this release that are not historical facts are forward-looking
statements that involve various risks and uncertainty affecting the
business of Interlapse. In making the forward-looking statements,
Interlapse has applied certain assumptions that are based on
information available, including Interlapse's strategic plan for
the near and mid-term. There can be no assurance that such
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking information. Interlapse does not undertake to
update any forward-looking information, except in accordance with
applicable securities laws.
Interlapse Technologies Corp., 885 West Georgia
Street, Vancouver, BC V6C 3E8,
Canada
SOURCE Interlapse Technologies Corp.
