Next-gen technology company GreenBox POS, LLC (OTC: GRBX)
this morning provided shareholders with a corporate overview following release
of its audited third quarter 2018 financials that mark completion of the
company’s development stage. The company’s Blockchain TrustGateway represents
approximately 95 percent of its overall revenues, while remaining revenues are
driven by higher profit business activities including private label, licensing,
and related operations. GRBX projects approximately $40M in gross profits in
fiscal year 2019.
“We are pleased to continue to demonstrate our commitment to
transparency and building long-term shareholder value as we provide the
investment community a clear understanding of how GreenBox POS will generate
revenue going forward,” GRBX Executive Vice President Ben Errez stated in the
news release. “Following our acquisition of ASAP EXPO in April of this
year, we ceased their existing operations and began leveraging all related IP
rights as we continued to develop our product line, offerings and services. As
we look forward to executing our growth strategy we are confident in the
financial expectations being shared today as the company is now in market ready
position at full capacity.”
To view the full press release, visit http://ibn.fm/hA4mS
About GreenBox POS, LLC
GreenBox POS (“GRBX”) is a groundbreaking technology company
that builds customized payment solutions for a multitude of industries. The
company has developed the fastest and safest way to send and process money
using Blockchain technology. The company was awarded 5 provisional patents for
its technology. GreenBox POS develops the following main products: POS (Point
of Sale software and hardware solutions); DEL (delivery app, APIs to POS and
PAY); PAY (payment app, providing financial APIs to all other components);
KIOSK (deposit, cash and E-wallet management). All products, services and
custom hardware are available now from GRBX. GRBX is based in California with
offices in Seattle, WA; Las Vegas, NV; Vancouver, BC, Canada; and HQ in San
Diego, CA. For more information, visit the company’s website at www.GreenBoxPOS.com.
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