Optimum is a cloud-based discovery search engine subscription model which creates a recurring revenue platform for Graph and as such, the Company anticipates a steady and dependable revenue stream.
Pursuant to the Share Exchange Agreement (the 'Exchange Agreement') between the Company, Optimum, and the shareholders of Optimum, the purchase price of
'Our stated objective with Optimum is add data analysis for Graph to collect, cleanse and analyze unstructured data that can help manage our altcoin portfolio to make better decisions by pinpointing specific trends, risks and opportunities. We are excited to be acquiring Optimum to add this component to our business,' said Chief Executive Officer,
The Company also wishes to announce that
About
Optimum continuously retrieves and analyzes big data using a powerful AI analytics engine designed for social media to track influencers, monitor, and to provide sentiment, relevance, and predictive analysis. Related hashtags are linked, and conversation participants are clustered together. Leveraging proprietary big data infrastructure to produce in-depth industry analytics and reveal real-time comprehensive insights. The monthly subscription payments will provide a continuous, dependable income stream that is pledged over a time period of 12 to 24 months. This new Annual Recurring Revenue ('ARR') based on the subscription revenue will be a substantial part of the total yearly revenue growth cycle, with a global target of +100% with Optimum.
About
Contact:
Investor
Phone: 604.442.2425
Email: jamie@graphblockchain.com
Media
Phone: 646.379.7971
Email: gblc@kcsa.com
T: 856.889.7351
Forward Looking Statements
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Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or may contain statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'will continue', 'will occur' or 'will be achieved'. The forward-looking information and forward- looking statements contained herein include, but are not limited to, statements regarding: the continued growth of the blockchain market. Forward-looking information in this news release are based on certain assumptions and expected future events. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the potential inability of
The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events, or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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