what a great spin!
*FOR IMMEDIATE RELEASE*
*Contact:* John Caceres
*Telephone:* 917.882.0900
*Email:* [email protected]
*CoinFire** Allegations of SEC Investigation of PayBaseTM* *False,*
*PayBaseTM* *engaged in discussions with SEC to Confirm PayBaseTM* *Honors
Repurchase Program.*
*Bloomfield, CT* =E2=80=93 In a recent and unsubstantiated article posted b=
y the
online, digital publication, *CoinFire*, which serves the cryptocurrency
category, allegations were made whereby cryptocurrency company, PayBaseTM
has confirmed these allegations are =E2=80=9CPure fiction=E2=80=9D. Additio=
nal information
will be provided upon the conclusion of a legal review into the
circumstances.
PayBase actively engaged the SEC shortly after the CoinFIre article was
released. As new information is learned from our continued dialogue with
the agency we will keep the public informed of developments through our
website.
During this period of discussions we have been informed it is not in our
best interest to implement the Repurchase Program until we have SEC
approval to do so. Accordingly, Sunday=E2=80=99s planned program launch is =
being
delayed until such approval is received.
The outcome of PayBaseTM initiating contact with the SEC regarding this
matter will serve to foster an informed relationship between the two as the
cryptocurrency category evolves. The relationship will help to ensure that
companies like PayBaseTM and others engaged in cryptocurrency as well as
our collective customers which we serve are equally protected.
We apologize for this delay and assure the program will commence when
confirmation of the proposed plan has taken place by the SEC.
Dan
Daniel J. Kelley
President
Business Technology for Cryptocurrency
34 East Dudley Town Rd.
Bloomfield CT. 06002
413-271-7630