TORONTO, Jan. 25, 2016 (GLOBE NEWSWIRE) -- Precious Investments Inc. (Pink Sheets:PNIK) announced today that PinkCoin tokens can now be purchased from BitGems Asset Management Ltd. (BVI) directly at the website https://pinkcoin.bitgems.io/. In addition, we have decided to change our PinkCoin cryptocurrency ticker symbol to PNIK in order to match our stocks OTC ticker symbol. PinkCoin is still available at the digital currency exchange https://coinsquare.io/, under the ticker symbol PNIK and can be bought in exchange for all other’s currencies supported by Coinsquare (Bitcoin, Ethereum's Ether, Gold, Silver, Canadian Dollars and U.S. Dollars - by wire only). On January 18, 2016 BitGems Asset Management Ltd. successfully launched the crowdsale 5 Million PinkCoins at US$1 per coin backed by a portfolio of US$5 Million of colored diamonds.
Natalya Hearn, Precious Investments, Inc. CEO stated: “We are pleased to announce that PinkCoins can now be purchased directly from our wholly owned subsidiary BitGems Asset Management Ltd. as well as at the digital currency exchange https://coinsquare.io/, under the ticker symbol PNIK.” She continued to say: “I am very pleased by the acceptance we are getting in the market place with PinkCoin.”
Kashif Khan, Precious Investments, Inc.’s COO, stated: “By the beginning of the 2nd quarter we should be in a position to accept the following additional fiat currencies in exchange for PinkCoins: Russian Ruble, Ukraine Hryvnia, Brazil Real, Argentine Peso and Chinese Yuan.” He continued to say that since our launch on Monday January 18th, 2016 we have been covered by the following publications:
PinkCoin, is our first asset-backed cryptocurrency built on Ethereum's standard currency Smart Contract. The coin is backed by a pool of certified, fancy colored diamonds (mostly pink) with a total NAV of $5,000,000 USD. Each diamond is certified and guaranteed natural fancy color. The diamonds are insured by Lloyd's of London and stored at a private vault at 21 Dundas Square, one of the most secure buildings in Toronto, Canada, and considered as the hub of the Canadian wholesale jewelry industry.
About Precious Investments, Inc.
Precious Investments, Inc ("PNIK") has entered the colored diamond trading business in August 2015. PNIK’s wholly owned subsidiary, BitGems Asset Management Ltd. (BVI), is developing the world’s first decentralized B2B marketplace for certified diamonds built on the Ethereum smart contract and IPFS hypermedia protocols. We are developing one of the first decentralized marketplaces for any kind of physical asset. PinkCoin, is our first asset-backed cryptocurrency built on Ethereum's standard currency Smart Contract. The coin is backed by a pool of certified, fancy colored diamonds (mostly pink) with a total value of $5,000,000 USD. Each diamond is certified and guaranteed natural fancy color. The diamonds are insured by Lloyd's of London and stored at a private vault at 21 Dundas Square, one of the most secure buildings in Toronto, Canada, and considered as the hub of the Canadian wholesale jewelry industry.
Forward Looking Statements:
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
CONTACT: Media Contact: Irit Shtock Director of Communications Liquid Communications email@example.com office 416-777-2899 cell 416-565-2519 Company Contact: Dr. Nataliya Hearn firstname.lastname@example.org www.bitgems.io For information on PNIK stock please call 732-768-0912
Source: Precious Investments, Inc.