Press Releases
- November 5, 2019
Interlapse Reports Strong Growth From its Virtual Currency Platform Paving Way for Overseas Expansion
Interlapse Technologies Corp. (TSXV: INLA / OTCQB: INLAF) is pleased to report consistent growth momentum on key performance metrics in regards to the Company’s virtual currency platform, Coincurve.com.
In October 2019, Coincurve had its best performing month with an increase of 72% in daily transactions and an increase of 64% in monthly volume, compared to the average monthly performance from June 19, 2019 to September 30, 2019.
Since January 1, 2019, Coincurve generated consistent average monthly increases of 28% in daily transactions and 32% in volume.
Considering that Coincurve currently facilitates only Canadian customers, the pace of growth in volume and transactions is extremely encouraging. Furthermore, the results demonstrate a proven revenue-generating model that has paved the way for positioning Coincurve into key international virtual currency markets.
Empowering the Future of Commerce
Interlapse Technologies Corp. is a Canadian-based FinTech applications company accelerating the global mega trend of virtual currency adoption. Our signature product Coincurve, enables a simple, safe way to buy and spend Bitcoin. To learn more, visit www.interlapse.com.
To view a recent video interview with Steve Darling of Proactive Investors and Wayne Chen, CEO of Interlapse discussing the “bright future for cryptocurrency”, please click here.
For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: 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.
- October 9, 2019
Interlapse Shares Now Trading in the United States
Virtual currency applications developer, Interlapse Technologies Corp. (TSXV: INLA), reports that its shares have commenced trading on the OTCQB Venture Market in the United States, trading symbol: INLAF.
The Company’s cross listing in Canada and now in the United States provides Interlapse with a much broader institutional and retail investor audience. Additionally, the listing in the United States better facilitates trading for Interlapse’s US-based stockholders.
View Interlapse Technologies Corp. on the OTCQB Market.
Virtual Currency is the Future!
Interlapse Technologies Corp. is a Canadian based FinTech company focused on developing the next generation of applications for virtual currency. Our coincurve.com platform, with payment and financial infrastructure, accelerates the global mega trend of virtual currency adoption and the transformation of money. To learn more, visit interlapse.com.
For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: 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.
- September 23, 2019
Interlapse Announces Private Placement to Fund Coincurve Launch in Asia
Interlapse Technologies Corp. (TSXV: INLA), is pleased to announce a non-brokered private placement of approximately 2,000,000 common shares at a price of $0.35. The common shares issued under this private placement will be subject to resale restrictions for a period of four months from the closing date.
Following the successful Canadian launch on June 19, 2019 and the positive performance of the Company’s coincurve.com virtual currency platform, Interlapse plans to use the funding proceeds to launch Coincurve into select Asian countries.
Empowering the Future of Commerce
Interlapse Technologies Corp. is a Canadian based FinTech company focused on developing the next-generation of applications for virtual currency. Our coincurve.com platform, with payment and financial infrastructure, accelerates the global mega trend of virtual currency adoption and the transformation of money. To learn more, visit interlapse.com
Interlapse currently has 17,465,644 shares outstanding (20,075,644 fully diluted).
For further information:
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: www.interlapse.com
Completion of the private placement is subject to several conditions, including TSXV final acceptance. There can be no assurance that the private placement will be completed as proposed or at all. Investors are cautioned that any information released or received with respect to the private placement may not be accurate or complete and should not be relied upon. Trading in the securities of Interlapse should be considered highly speculative. The TSXV has in no way passed upon the merits of the private placement and has neither approved the private placement nor disapproved the contents of this press release.
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) 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.
- August 29, 2019
Interlapse Technologies Corp. Completes 2-for-1 Stock Split
Virtual currency applications developer, Interlapse Technologies Corp., listed on the TSX Venture exchange, (trading symbol: INLA) advises that further to the Company’s press release dated August 15, 2019, Interlapse’s common stock has now commenced trading on a 2-for-1 forward split basis.
As a result of the forward stock split, Interlapse has 17,465,644 shares issued (20,075,644 shares fully diluted).
The stock split is intended to enhance the capital structure, create additional liquidity and attract a broader range of investors.
Invest in the Future!
Interlapse (TSXV:INLA) is a Vancouver, Canada based FinTech company with a suite of products designed to drive the mass adoption of virtual currencies. Our coincurve.com platform, with payment and financial infrastructure, accelerates the global mega trend of virtual currency adoption and the transformation of money. To learn more, visit http://localhost
For further information:
Ashley Garnot, Corporate Development,
Phone: 1.604.669.0912,
Email: [email protected],
Website: www.interlapse.com
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) 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.
- August 15, 2019
Interlapse Announces 2-for-1 Forward Stock Split
Virtual currency applications developer, Interlapse Technologies Corp. (TSXV: INLA), announces that it will forward split its common shares on the basis of two (2) new common shares for each one (1) old common share. All shareholders of record on August 23, 2019 will be entitled to the stock split.
Interlapse currently has 8,732,822 common shares issued and outstanding, which will be increased to approximately 17,465,644 common shares after the stock split is completed.
The stock split is intended to create additional liquidity and attract a broader range of investors.
Shareholders do not need to take any action with respect to the stock split. Interlapse’s transfer agent will send owners of common shares a DRS adviceletter in lieu of a share certificate, which will represent the additional number of common shares to be received as a result of the stock split.
As per TSXV policy, the stock split is being conducted on a “push-out” basis and therefore Interlapse’s CUSIP number will remain the same. The common shares of Interlapse will trade on a due bill basis from August 22, 2019 to August 28, 2019, being the effective date for the share subdivision, inclusively. A due bill is an entitlement attached to listed securities undergoing a material corporate action, such as a stock split. In this instance, the entitlement is to the additional common shares issuable as a result of the stock split. Any trades that are executed on the TSXV during this period will be flagged to ensure purchasers receive the entitlement to the additional common shares issuable as a result of the stock split. Interlapse’s common shares will commence trading on a split-adjusted basis on August 29, 2019, at which time, the common shares will no longer have entitlement to additional common shares. The due bill redemption date will be August 30, 2018.
About Interlapse Technologies Corp.
Based in Vancouver, Canada, Interlapse is developing the next generation of virtual currency applications. Our coincurve.com platform, with payment and financial infrastructure, accelerates the global mega trend of virtual currency adoption and the transformation of money.
Interlapse is a publicly traded company on Canada’s TSX Venture Exchange, trading symbol: INLA. Interlapse has 8,732,822 shares issued (10,037,822 fully diluted).
For further information
Ashley Garnot, Corporate Development
Phone: 1.604.669.0912
Email: [email protected]
Website: 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.
- June 19, 2019
Interlapse Launches Virtual Currency Platform: Coincurve.com Canada
June 19, 2019 – Interlapse Technologies Corp. announces the official launch of coincurve.com, where Canadians can now purchase virtual currencies such as Bitcoin and Bitcoin Cash in a simple, fast and secure manner.
Today’s press announcement follows the completion of Coincurve’s positive six-month pre-release testing period, which has resulted in internal operational efficiencies and security enhancements, as well as user experience optimizations.
Moreover, during this testing period Interlapse has developed complementary commercial applications for the Coincurve platform, which generates additional, value-added revenue streams.
“We are proud to officially introduce Coincurve to Canadians,” says Interlapse CEO, Wayne Chen. “The virtual currency market has been showing signs of significant breakthrough, and in a more steadied state, with a closer link to the utility value rather than price-swing speculations.”
During the test period, Coincurve established organic growth over six consecutive months, with steady and sharp increases in new customers as well as transaction volumes.
Given these encouraging results, as well as the demonstrated revenue-generating model and scaling prospects, Interlapse plans to introduce coincurve.com into additional jurisdictions.
“Coincurve was developed with the goal of expanding into emerging countries with dense populations, which is the cornerstone of our vision,” Mr. Chen further commented. “We are eager to achieve our next milestones, including expanding our suite of virtual-currency-powered applications.”
About Coincurve
Coincurve.com is wholly owned in a subsidiary of Interlapse Technologies Corp. The Coincurve platform was proudly designed, developed and is operated from Vancouver, Canada. Coincurve is a non-custodial service, greatly minimizing financial risk or loss of customers’ virtual currencies.
About Interlapse Technologies Corp.
Based in Vancouver, Canada, Interlapse is a first mover in developing the next-generation of business applications powered by virtual currency. Our platforms, with payment and financial infrastructure, accelerate the global mega trend of virtual currency adoption and the transformation of money.
Interlapse is a publicly traded company on Canada’s TSX Venture Exchange, trading symbol: INLA. Interlapse has 8,672,822 shares issued (10,037,822 fully diluted).
For further information
Ashley Garnot, Corporate Development
Phone: +1.604.669.0912
Email: [email protected]
Website: 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.
- May 30, 2019
Interlapse Commences Trading on TSX Venture Exchange
May 30, 2019 – Interlapse Technologies Corp. (TSX-V: INLA) announces that the Company’s shares commenced trading today on Canada’s TSX Venture Exchange. Trading symbol: INLA.
This listing follows Interlapse’s acquisition of Vancouver-based Skyrun Technology Corp., which is now a wholly owned subsidiary of the Company.
“The transaction with Skyrun and a concurrent listing on a globally recognized stock exchange brings credibility and authenticity to our business, as well as the entire virtual currency industry,” commented Wayne Chen, co-founder of Skyrun and the newly appointed CEO of Interlapse.
As a result of the Skyrun acquisition, the Company now owns the intellectual property relating to the virtual currency platform coincurve.com, where Canadians, and eventually international customers, can purchase Bitcoin and Bitcoin Cash.
As a public company, customers can rely on coincurve.com for transparency. Furthermore, coincurve.com is a non-custodial service, greatly minimizing financial risk or loss of customers’ virtual currencies.
“I am privileged to be a part of this opportunity, and enthusiastic about our expansion into global markets,” Mr. Chen further commented. “With the growing acceptance of virtual currency, we are positioned to flourish within this new, globally connected business frontier.”
Interlapse also announces the grant of up to 705,000 share options at a price of $0.70 per share to directors, executive officers, employees and consultants. These options are subject to vesting and selling restrictions.
About Interlapse Technologies Corp.
Listed on the TSX Venture Exchange, trading symbol: INLA, Interlapse is a Vancouver-based company building technology-driven applications to empower future generations of commerce and adoption of virtual currencies. Interlapse currently has 8,672,822 shares issued and outstanding (10,012,022 fully diluted).
For further information:
Ashley Garnot, Corporate Development
Phone: +1.604.669.0912
Contact: [email protected]
Website: http://localhost
Blog: http://localhost/blog
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 ofInterlapse.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.
Read that again… hundreds of millions of users. Trillions in volume. Yeah, it’s that big.
@BitcoinForCorps @LQWDTech Join @LQWDTech and @BitcoinForCorps to discuss their latest insights surrounding corporate #bitcoin strategies with @shoneanstey!
RSVP & TUNE IN 🎧 ⬇️
Get our newsletter!
Sign up to download reports and receive breaking news and updates from LQWD Technologies Corp.