Financial News
Blockchain Loyalty Corp. (BBLC) Reports Major Progress with Koilink Technologies and Attracts Interest from Leading Real Estate, Hospitality, and Gold Mining Companies
PORTLAND, OR / ACCESSWIRE / October 7, 2024 / Blockchain Loyalty Corp. (OTC PINK:BBLC) also known as Belle Bonica Luxe Corp., is pleased to provide the following corporate updates on its subsidiary, Koilink Technologies Inc., as well as current developments within BBLC.
Koilink Technologies Inc. Update:
Koilink Technologies Inc., in which BBLC holds a 20% ownership stake, is nearing the final stages of its preparation to file with the Canadian Securities Exchange (CSE). Nearly all of the required documentation is being finalized, and we expect to submit the file to the CSE within the next few weeks. This marks a significant milestone for Koilink as it progresses towards a public listing.
Additionally, Koilink has mandated Legacy Stock Transfer Inc., based in Addison, Texas, to serve as its official transfer agent. The company has also secured its CUSIP number, 50027R104, marking another step forward in the company's compliance and listing process.
There has been a minor delay in issuing Koilink dividends to BBLC shareholders. The delay stems from an ongoing amendment process involving previously issued incorrect shares. Koilink's legal team, in conjunction with its transfer agent, is diligently working to resolve this matter, which has taken longer than initially anticipated. However, we are confident that this issue will be rectified shortly.
We are also excited to announce that Koilink's Chief Marketing Officer & Product Manager, Mr. Nilarno Chatterjee, has successfully completed the first "how-to" video showcasing the mobile application's functionalities. This demonstration is exclusively available to Koilink shareholders, potential investors, and strategic partners due to its proprietary nature. It offers an insightful preview of the platform's capabilities, designed to enhance user interaction and investment management.
On August 29, 2024, Koilink Technologies Inc. filed a trademark application with the United States Patent and Trademark Office (USPTO) for the wordmark "Koilink" under Class 009, 021, 023, 026, 036, and 038. The trademark covers "downloadable software in the form of a mobile application designed for managing and analyzing investment opportunities, providing real-time access to financing, integrating geolocation, and social networking features for investor connections. It also includes advanced communication tools and detailed user profiles for investment interactions."
Koilink is entering the early stages of advanced development, and we remain confident that the app will launch on schedule in Q1 of 2025. This launch represents a major leap forward in the fintech landscape, providing a unique, real-time geosocial platform that seamlessly connects investors and companies seeking equity. The Koilink app will introduce an innovative solution, streamlining financing processes and facilitating global networking in the investment community. We believe that this technological advancement will not only enhance investment interactions but also significantly benefit our shareholders in the long term.
BBLC Corporate Updates:
BBLC continues to stay true to its mission of promoting a lifestyle of health, beauty, and wealth. Our strategic approach focuses on acquiring and developing not only innovative brands but also companies across various sectors that can provide significant value.
We are pleased to report that the company has recently been approached by several exciting potential partners. These include firms within the real estate, hotel & hospitality, and gold mining sectors, seeking to explore mutually beneficial opportunities with BBLC. We feel there are promising opportunities ahead that align with our vision. These potential collaborations would further enhance our ability to improve everyday life while driving long-term shareholder value.
Furthermore, a revenue-generating advanced technology company based in Canada, established since 1995, which provides services to federal, provincial, and municipal governments, has expressed extreme interest in engaging with BBLC for potential collaboration. We view these discussions as a testament to BBLC's growing influence and commitment to pursuing diverse, value-adding investments and partnerships.
We remain dedicated to updating our shareholders as these prospects develop further, and we are excited about the potential growth opportunities on the horizon for both Koilink Technologies Inc. and BBLC.
About Belle Bonica Luxe Corp. (BBLC):
Blockchain Loyalty Corp., also known as Belle Bonica Luxe Corp., is committed to cultivating a lifestyle of health, beauty, and wealth through its involvement in the luxury market. By acquiring and developing innovative brands and companies, BBLC seeks to deliver an elevated standard of living while striving for lasting shareholder value. With a diverse portfolio and a forward-looking strategy, BBLC continues to explore new opportunities that align with its vision of luxury, wellness, and technological innovation.
About Koilink Technologies Inc.
Koilink Technologies Inc. is addressing a critical need in the financial services industry by leveraging technology to improve the efficiency and effectiveness of capital raising and investment matchmaking. Our technology has the innovation and the potential to reshape how issuers and brokers interact in the market, fostering more transparent, accessible, and dynamic investment ecosystems. Koilink is a geosocial industry-targeted mobile app/web-application that links investment brokers and public or private companies to equity offerings in real-time. Koilink is a FinTech application that seeks to solve the challenges faced by issuers in discovering potential sources of capital, efficiently and quickly. The platform is designed to streamline the process of accessing financing opportunities for issuers, while also providing brokers with a continuous source of potential deals.
For more information on Koilink Technologies Inc. visit: www.koilinkinc.com
For more information visit: www.bellebonica.com
Joel DeBellefeuille, Executive Chairman & CEO, E. joel@bellebonica.com Tel. 514.434.2640
To learn more about Joel, visit: www.joeldebellefeuille.com
Investor Relations: Just3 Public Relations, E. ir@bellebonica.com
Forward looking statements
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934 as well as relevant Canadian securities laws. These statements relate to future events or future performance and reflect management's expectations regarding future business prospects and opportunities. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue", "target" or the negative of these terms or other comparable terminology. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties, including, without limitation, the ability to obtain financing and regulatory and shareholder approval for anticipated actions.
The Company does not assume any responsibility to update or revise any past statements regarding plans or projections related to any expected future events in cases where such plans or projections have not materialized or developed as previously stated or expected.
SOURCE: Blockchain Loyalty Corp.
View the original press release on accesswire.com
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