Strategic Global Investments, Inc., a Delaware Corporation, (OTC PINK:STBV) has accepted the resignation of Andrew Fellner and the installation of Garland E. Harris as President and CEO. The New Management also includes James E. Ward as Senior Vice President and Louis T. Minutello as Chief Business Development Officer. STBV will begin allowing shareholders to trade their registered or exempt, free-trading shares on the Counterparty Decentralized Exchange Market called the DEX.
Garland E. Harris says, “While we appreciate the past service of Andrew Fellner, we feel that there is an incredible opportunity in the cryptocurrency Initial Coin Offering (ICO) field. The time is now to pioneer fully compliant ICO’s backed by real assets and real businesses and we intend to do just that.”
Mr. Harris further states, “Strategic is a Delaware corporation and therefore intends to be one of the first to utilize the new Delaware law that allows shares to be traded and tracked using blockchain technology. The Company intends to begin trading Monday on the Counterparty Decentralized Exchange Market (DEX) under the symbol STBV. Counterparty uses the Bitcoin blockchain.”
No restricted shares that are limited to accredited investors will be sold. Strategic is developing ways that a decentralized marketplace can be limited to accredited investors for private placement offerings. A whole new world of trading has opened up due to the Delaware law that allows a company’s non-restricted shares to be traded and tracked on a blockchain system. ZeroHedge states, “Delaware Assembly Passes “Historic” Law Legalizing Blockchain-Based Stock Trades” http://www.zerohedge.com/news/2017-07-02/delaware-assembly-passes-historic-law-legalizing-blockchain-based-stock-trades
The CEO says, “If fortune favors the bold, then STBV is boldly pioneering the legal trading of shares on the Bitcoin blockchain. One of the unique advantages of blockchain trading over traditional markets is that market makers cannot short your stock. We estimate that over half of the trading on OTC is simply combatting shorters and high-frequency traders. They are desperate middlemen grasping to hold on in an age of disintermediation.”
STBV has over 60 Counterparty cryptocurrencies it intends to sponsor, in fully SEC compliant ICO’s, starting with TROPTIONS in the fall of 2017. New management intends to file financials this week and regains current status on the OTC Pink markets as soon as possible.
Company Name: Strategic Global Investments, Inc.
Contact Person: Media Manager
Phone: (561) 252-4540
Country: United States