Netcoins Announces DTC Eligibility of its Common Shares in the United States

Netcoins Announces DTC Eligibility of its Common Shares in the United States

GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE: NETC) is pleased to announce that the Company's common shares traded in the United States, under the symbol GARLF, are Depository Trust Company ("DTC") eligible, effective June 19, 2018.

DTC is a subsidiary of The Depository Trust & Clearing Corporation, which manages electronic clearing and settlement of publicly traded companies. Securities, such as NETC’s, that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible". Trading of securities through DTC allows for cost-effective clearing and guaranteed settlement, in turn simplifying and accelerating the settlement process for investors trading NETC's shares.

Securities that do not have DTC eligible status are often not accepted for trading at many brokerages due to the amount of paperwork and staff required to execute and settle trades, which makes it more difficult for a significant percentage of investors to easily access the shares in question.

Netcoins Lists Pareto as First Ethereum ERC20 Compliant Token

Netcoins Lists Pareto as First Ethereum ERC20 Compliant Token

GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE: NETC) is pleased to announce that it has listed Pareto, available for immediate purchase, via our OTC Private Brokerage Services Business. Pareto is our first in a series of ERC20 tokens to be listed by Netcoins. Pareto will also be available via our 19,200+ retail locations in Australia, Europe and Canada on June 25, 2018. To purchase Pareto now, please contact Netcoins at (844)-515-COIN or OTC@goNetcoins.com.

Netcoins Provides Update on its Crypto Brokerage Services Business

Netcoins Provides Update on its Crypto Brokerage Services Business

GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE: NETC) is pleased to provide further updates on its Retail, OTC and upcoming Dealer-Brokerage lines of businesses.

Retail Services

As the initial line of business and revenue stream for Netcoins, our distributed brokerage retail business continues to grow. Since January 2018, Netcoins has enabled:

  • 19,000+ locations via Flexepin for acquiring Bitcoin in Canada, Australia, Greece, Romania and Cyprus,

  • 2000+ locations via VoPay for acquiring Bitcoin in Canada, via Netcoins branded vouchers,

  • 150+ new retail locations, in Canada, including a chain deal with Gateway Newstands, and

  • White label partners, using the Netcoins software platform, to sell Bitcoin in the USA and UK.

Netcoins Launches Ethereum in the Retail Market, and Direct to Wallet Functionality

Netcoins Launches Ethereum in the Retail Market, and Direct to Wallet Functionality

GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE: NETC) is pleased to announce that it has launched support for Ethereum via its retail virtual crypto ATM application. Along with Ethereum support, the Netcoins application now delivers “direct to wallet” functionality, so Ethereum can be sent to pre-existing customer wallets at the time of the transaction.

Ethereum is a cryptocurrency whose blockchain is generated by the Ethereum platform. Ethereum has the second largest cryptocurrency by market cap, at ~$60 Billion USD.

Netcoins Reports $5.3 Million in Revenue for Q1 2018; Growth of 2246% Year over Year

Netcoins Reports $5.3 Million in Revenue for Q1 2018; Growth of 2246% Year over Year

VANCOUVER, British Columbia, May 31, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE:NETC) is pleased to announce that its has completed and filed interim financial statements for the quarter ended March 31, 2018, reporting $5.315 million in gross revenue compared to $236,651 in the same period of prior year. The interim financial statements are available on SEDAR (www.sedar.com) under the profile of GAR Limited.

Netcoins signs GATEWAY Newstands to Western Canadian deal

Netcoins signs GATEWAY Newstands to Western Canadian deal

VANCOUVER, British Columbia, May 30, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE:NETC) is pleased to announce their signed agreement with GATEWAY Newstands, operator of over 500 newstands globally, to install Netcoins software at 10 locations in BC, Alberta and Manitoba, commencing on June 4, 2018. Focused in high traffic urban areas across Western Canada, GATEWAY Newstands will use Netcoins software enabling consumers to purchase Bitcoin in our traditional fast, convenient and easy way.

Netcoins Expands Reach into Greece, Romania and Cyprus with 8,200 Locations

Netcoins Expands Reach into Greece, Romania and Cyprus with 8,200 Locations

VANCOUVER, British Columbia, May 15, 2018 (GLOBE NEWSWIRE) -- GAR Limited d/b/a/ Netcoins (“NETC” or the "Company") (CSE:NETC) is pleased to announce that it has expanded its relationship with Flexepin and launched in Cyprus, Greece and Romania. Flexepin is now available at 900 locations in Cyprus, 1,800 locations in Greece and 5,500 shops in Romania. These locations are in addition to the current Flexepin distribution to 3,500 stores in Canada and 7,500 in Australia, resulting in an aggregate of over 19,000 locations.

The Flexepin system allows a consumer or investor to buy a voucher at retail partner locations, such as convenience stores and gas stations, and redeem the voucher via Netcoins for Bitcoin.

Netcoins launches in Australia with 7,500 locations via Flexepin

Netcoins launches in Australia with 7,500 locations via Flexepin

VANCOUVER, British Columbia, April 26, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE:NETC) is pleased to announce that it has signed a definitive agreement to launch in Australia via Flexepin. Netcoins already has distribution to 3,500 stores in Canada via Flexepin, and will be active in 7,500 more locations throughout the continent of Australia by early May.

The Flexepin system allows a consumer or investor to buy a voucher at retail partner locations, such as convenience stores and gas stations, and redeem the voucher via Netcoins for Bitcoin. Netcoins tested the Australia market with Flexepin in 2016, and now following the success we are achieving in Canada with daily transactions, we are launching in Australia in local currency (AUD).

Netcoins Surpasses $20 Million in Cumulative Transactions

Netcoins Surpasses $20 Million in Cumulative Transactions

VANCOUVER, British Columbia, April 16, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE:NETC) is pleased to announce that it has now completed over $20 million in Bitcoin, and Altcoin (Ethereum, Ripple, Bitcoin Cash and Litecoin) transactions for its valued customers. Netcoins top line revenue is measured as the purchase or sale of cryptocurrency through our service, either via software or directly via private brokerage.

From a modest start of approximately $33,000 in total sales transactions in January 2017, Netcoins has substantially scaled its business by adding retail locations, private brokerage customers, and the ability to buy and sell Altcoins directly. Netcoins continued expansion has culminated in over $20 million in transactions to date.

Netcoins starts processing Ethereum, Ripple, Bitcoin Cash, and Litecoin transactions via private brokerage

Netcoins starts processing Ethereum, Ripple, Bitcoin Cash, and Litecoin transactions via private brokerage

VANCOUVER, British Columbia, April 09, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE:NETC) is pleased to announce that it has begun processing both buy and sell-side transactions in Ethereum, Ripple, Bitcoin Cash and Litecoin via private brokerage service. 

Netcoins enables the sale of Bitcoin through its software at retail outlets, through individual agents and directly to private brokerage clients purchasing in large quantities. With this advancement, Netcoins has expanded the private brokerage business to service four more major cryptocurrencies beyond Bitcoin.

Netcoins Shareholders Voluntarily Lock-Up Over 24 Million Shares

Netcoins Shareholders Voluntarily Lock-Up Over 24 Million Shares

VANCOUVER, British Columbia, March 28, 2018 (GLOBE NEWSWIRE) -- GAR Limited d/b/a Netcoins (“Netcoins” or the "Company") (CSE:NETC) is pleased to announce that the Company has entered into Voluntary Common Share Pooling Agreements (the “Agreements”) with various shareholders of the Company to restrict the resale of over 24 million shares (collectively the “Lock-Up Securities”), representing approximately 21% of the Company’s total issued and outstanding shares.

Netcoins Hires Dave Kennett as VP Sales

Netcoins Hires Dave Kennett as VP Sales

As Vice President of Sales, Mr. Kennett will be responsible for building a world class sales team that will aggressively grow the key market segments that Netcoins is targeting. He is a seasoned SaaS and Software sales leader with over 20 years of progressive business development and sales leadership experience. Dave’s experience has centered around start up, turn-around and hyper-growth situations. He was the BC Director of Sales for Autotrader.ca for 3.5 years helping lead through a critical transformation of the company from print to digital.  Online revenue grew dramatically in that time and the organization was sold for $750 million to a private equity firm in 2011. He then went on to become VP Sales and Business Development at Payfirma, one of Canada’s leading mobile payment providers. There he was responsible for leading the sales team to new heights and was in charge of pioneering the growth of the FI channel.  Most recently he was head of sales at buddybuild which was acquired by Apple in January of this year. Dave’s customer centric approach and demonstrated ability to build high performing teams with leading tech companies will be key as we accelerate sales through this exciting and critical growth phase.

Netcoins enables 2,000 new locations via VoPay International partnership

Netcoins enables 2,000 new locations via VoPay International partnership

VANCOUVER, British Columbia, March 21, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a/ Netcoins (“NETC” or the "Company") (CSE:NETC) is pleased to announce their new partnership with VoPay International Inc., an industry leader in Global Payments, Forex and Vouchers. This partnership enables Netcoins customers to purchase up to $1000 of cryptocurrency in person at over 2,000 retail locations across Canada, which is another huge milestone for bringing crypto to the masses!

NETCOINS hires Mitchell Demeter as VP Partnerships and Business Development

NETCOINS hires Mitchell Demeter as VP Partnerships and Business Development

Mr. Demeter is a serial entrepreneur with a vast range of experience.  Mr. Demeter is an expert at building strategic relationships and recognizing profitable opportunities early. Mr. Demeter is a pioneering figure in the digital currency industry. He brought the world its first Bitcoin ATM and first physical Bitcoin brokerage 2013, along with Jackson Warren. Mr. Demeter was also the Co-Founder of one of Canada’s first cryptocurrency exchanges, responsible for Business Development, where he established several key global relationships and deep market liquidity.

Jackson Warren Joins Netcoins Advisory Board

Jackson Warren Joins Netcoins Advisory Board

VANCOUVER, British Columbia, March 15, 2018 (GLOBE NEWSWIRE) -- GAR Limited. d/b/a Netcoins Holding Corp. (“Netcoins” or the "Company") (CSE:NETC) is pleased to announce the appointment of Jackson Warren to the Advisory Board of the Company to help assist with the strategic expansion of the company’s virtual Bitcoin ATM business.

Mr. Warren is a pioneering figure in the digital currency and Blockchain space. He brought the world its first physical bitcoin brokerage and its first Bitcoin ATM in 2013. He founded and ran one of Canada's early digital currency exchanges and in recent years served as CEO of Xapcash Technologies Inc., Director of Neptune Dash (DASH) and as Chief Operating Officer of BTL Group Ltd., an enterprise-class Blockchain solutions company that trades on the Toronto Stock Exchange (BTL).

GAR Limited To Commence Trading On CSE under C.NETC

GAR Limited To Commence Trading On CSE under C.NETC

GAR Limited. (“GAR” or the "Company") (CSE: GL) is pleased to announce that further to its press release of March 9, 2018, it has now received final approval from the Canadian Securities Exchange (the “CSE”) and the Company’s common shares will resume trading on the CSE on March 14, 2018 under the symbol “NETC”.  The Company intends to obtain shareholder approval to change its name to “Netcoins Holdings Corp.” at its next annual general meeting, and until such time, intends to register in Ontario to do business as “Netcoins”.