Lexington, KY -- January 7, 2019 -- InvestorsHub NewsWire -- Buscar Company, Inc. (OTC:CGLD) announces that it has formed a new subsidiary that will engage in Crytpo Currency Mining (CCM). On December 31, 2018, CCM acquired 19 P-102 GPUs that will serve as the initial launch of the subsidiary. CCM is currently completing its audit to do a $50 million offering to acquire additional crypto mining GPUs.
CCM will issue a Security Token developed on J.P. Morgan's Quorum platform. The Token will pay out a dividend from the crytpo currency mining operations. CCM is a wholly owned subsidiary of the Company. The CCM offering will not dilute the ownership of Buscar Company shareholders.
The Company will provide an update on its 2018 breeding results by the end of January 2019.
About Buscar Company
The Company is engaged in breeding and selling of thoroughbreds. More information can be found at www.buscarcompany.com.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
Source: Buscar Company