SAN JUAN, Puerto Rico, Jan. 13, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – BOTS, Inc. (OTC PINK: BTZI) (the “Company”), a global technology company specializing in artificial intelligence, blockchain-based solutions, including decentralized finance applications, cybersecurity and Bitcoin mining equipment repair, today announced its sale. Bitcoin ATM patent portfolio invented for the Bitcoin ATM market. A wallet refers to cryptocurrency transactions carried out through ATM kiosks and other blockchain-related assets. The IP portfolio was sold through a subsidiary that included a license agreement for an additional US patent 10,332,205 B1 (Bitcoin kiosk/ATM device and system and method of use of the same).
“Today we are pleased to announce the final sale of this Intellectual Property and related license agreement to Bullet Blockchain, Inc.,” BTZI Management said in a statement. “With the completion of this transaction, BOTS, Inc. will focus more on developing our robotic automation and artificial intelligence projects.”
Upon approval by the Board of Directors, the Company plans to begin paying dividends in the form of shares of Bullet Blockchain, Inc. ($BULT) at a rate of approximately 1 $BULT share for every 4 $BTZI shares. will be held on a record date and will be announced in the near future.
About BOTS, Inc
BOTS, Inc. is a global technology company specializing in artificial intelligence, blockchain-based solutions, including decentralized financial applications and cybersecurity solutions, and has a portfolio of digital assets and cryptocurrency-related businesses such as BeadSwap, a decentralized cryptocurrency exchange, Bitcoin ATM. -related US patents and ISO/IEC 27001:2013 Information Security Management System certified company Cyber Security Group LLC. BOTS, Inc. Modeled after the personality of Scott Adams and designed to be a personal friend for our customers, we are developing a friendly AI assistant, some of which includes many features found in the popular Chat GPT.
A BTZI subsidiary, TekX Mining and Gaming PC Solutions, also provides cryptocurrency consulting, optimization and crypto equipment repair and extended warranty contracts. TekX also provides miner repair technical training. TekX also offers testing, verification and certification (TIC) services as a set of value-added procedures, which now ensure that previously sold bitcoin miners and other related products meet mandatory regulations and manufacturing standards in terms of quality and safety. . These services include optional on-site or remote diagnostic tests, document audits, data processing consistency checks, management process audits and audits throughout the supply chain. Testing and commission will be provided to institutional bitcoin miner buyers as well as smaller miner operators or at the request of the manufacturer.
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Certain statements contained in this press release may constitute “forward-looking statements”. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not relate directly to any historical or current fact. Actual results may differ materially from those expressed in such forward-looking statements as a result of various important factors that may be disclosed in the Company’s documents. In addition to these factors, actual future performance, results and outcomes may differ materially due to more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and changes in government and public policy. The forward-looking statements contained in this press release reflect the Company’s views as of the date of this press release and are subject to change. However, although the Company may choose to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the views of the Company as of any date subsequent to the date of the press release. Such forward-looking statements are risks detailed on the Company’s website and documents.
Contact: BOTS INC