World News: 13:30 GMT Friday 9th November 2018. [GoIP Global, Inc. via Globe Newswire via SPi World News]
New York, NY, Nov. 09, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc. (otcpink:GOIG) announced today that the company has filed the required application and submitted the fee payment to OTC Markets to regain current status. This action is taken in line with our recently announced merger with CUBEIT; the company expects OTC Markets to update the company status within the next few days. The company is also in the process of engaging a PCAOB Auditing firm and will have an update regarding this shortly.
"The company looks forward to certain corporate updates for our shareholders specific to the business of CUBEIT short term as well," Mr. Ike Sutton, CEO of GOIP, stated. “I will be working diligently to bring this transaction to a formal close on or ahead of schedule, and again reiterate my enthusiasm for this opportunity.”
CUBEIT Inc., located in Las Vegas, Nevada, is a manufacturing and management services company. Focused on the emerging Cannabis Industry, CUBEIT Manufacturing produces the industry standard CubeIT Grow modular. It is a cost-effective, code-compliant, fully-scalable turnkey solution for launching or expanding a growers operations during all phases of the cultivation process.
CubeIT Services LLC provide consulting and management services to the industry in the areas of cultivation, processing, licensing, compliance, operations and more.
GoIP is exploring and developing strategic opportunities in the areas of energy and smart technologies within the energy sector, as well opportunities in emerging industries.
Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.'s control. In addition to those discussed in GoIP Global, Inc.'s press releases, public filings, and statements by GoIP Global, Inc.'s management, including, but not limited to, GoIP Global, Inc.'s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.'s ability to raise additional capital to fund future operations, GoIP Global, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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Globe Newswire: 13:30 GMT Friday 9th November 2018
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