Byte Power Group Ltd (ASX:BPG) is pleased to announce that it has secured an investor for A$1,000,000 pursuant to the Group's capital raising exercise. The investment is in the form of 100,000,000 Redeemable Convertible Notes at an issue price of AU$0.01 per Note. The Note Term is 3yrs and each Note accrues interest at 8% compounding daily, payable quarterly in arrears.
Byte Power Group Limited
Through Wimobilize, the Group has a new cutting edge technology solution, a proprietary Advance Hybrid Artificial Intelligence Big Data Technology Platform consisting of 31 Advance Analysis Engines, 4 levels of Hybrid Correlation and Al Profiling Algorithms customised for governmental, healthcare, banking, telco and tourism industries. This proprietary Big Data technology platform elevated the AI Predictive Analysis and deep insight intelligence to a new paradigm, applicable to any market segment.
This Wimobilize Big Data technology powered e-commerce ecosystem will provide the next generation innovative trading platform for distributing the Company’s Australian wine, organic honey and honeycomb.
Byte Power Group Ltd (ASX:BPG) provides this further update in relation to proceedings commenced by Konzept APS in the Supreme Court of Queensland against BPG as previously advised to the market in releases on 13 March 2018 and 27 March 2018.
Byte Power Group Ltd (ASX:BPG) is pleased to provide a further update on the progress of the development of the Cryptocurrency Exchange currently being developed by its subsidiary, Byte Power Pty Ltd.
We refer to the ASX Query Letter (Letter) dated 18th January 2018, ASX emails from Rupa Kapadia dated 25 January 2018 and 30 January 2018 seeking clarifications and the questions you have raised in relation to recent transactions completed by both Byte Power Group Ltd (Company) and its subsidiary, Byte Power Pty Ltd (BPPL).
Byte Power Group Ltd (ASX:BPG) is pleased to provide an update on further developments in relation to the suspension of Soar coins by Soar Labs Pte Ltd (Soar Labs) as previously notified to the market by ASX announcement dated 3rd January 2018.
Byte Power Group Ltd (ASX:BPG) is pleased to announce that its subsidiary, Byte Power Pty Ltd, has entered into a development and services agreement with Noetic Synergy Sdn Bhd to develop and manage its cryptocurrency exchange platform.
Byte Power Group Ltd (ASX:BPG) is pleased to announce the appointment of Mr Michael Wee to the Board as an Independent Non-Executive Director and Company Secretary with effect from Monday, 18th December 2017.
Byte Power Group Ltd (ASX:BPG) is pleased to announce that its subsidiary, Byte Power Pty Ltd, has entered into a Heads of Agreement with listed Canadian company, Synstream Energy Corp. to be the ICO advisor to Synstream.
FINANCE VIDEO: Byte Power Group Ltd (ASX:BPG) Cryptocurrency Exchange Advisor, Warwick Powell Explains the Ecosystem
Byte Power Group Ltd (BPG.AX) Cryptocurrency Exchange Advisor, Warwick Powell Explains the Ecosystem to Tim McKinnon in a recent interview.
Byte Power Group Limited (ASX:BPG) to Access Global Investment Community through Service Agreement with ABN Newswire
Byte Power Group Ltd (ASX:BPG) is pleased to announce that it has entered into a service agreement with ABN Newswire. ABN Newswire facilitates the distribution of company announcements to professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.