PANAMA CITY, Panama, June 8, 2015 /PRNewswire/ --
ICON CAPITAL RESERVE SA (ICON: G4 - GXG Markets, London) a financial software companyis launching AUREALS™ as a decentralized, digital method of exchanging value. Each encrypted AUREAL™ is denominated as a one gram weight and measure of physical gold, creating a secure and discrete exchange of value utilizing the most trusted store of value for 6000 years."
ICON CEO J. Bradley Hall announced "On June 06, 2015 pursuant to GXG Markets First Quote rule 20.2, the Board of Directors of ICON proposed and with a 92% approval, the shareholders carried, a resolution to withdraw the common shares of ICON CAPITAL RESERVE SA from trading on GXG Markets with immediate effect. The Management team of ICON felt quite strongly that due to the lack of liquidity and the recently added expense of complying with the Designated Global Issuer status that is being imposed on non-EU issuers, that the benefits of a continued listing had been largely mitigated."
Mr. Hall added "We have been clinically focused on building a multi-million dollar pre-order book for AUREALS™ and as we shift into commercial operations we are evaluating various funding and liquidity options that may include listing our equity directly on the block chain which is disrupting and redefining every aspect of financial markets including trading, clearing and settlement."
AUREALS™ and DIGITAL BEARER BONDS™ are trademarks of ICON CAPITAL RESERVE SA
About ICON CAPITAL RESERVE SA:
ICON (ICON: G4 - GXG Markets London) is a financial software company led by a management team with international finance, risk management, digital cryptography, governance and gold trading experience. ICON is launching AUREALS™ as a decentralized, digital method of exchanging value. Each AUREAL™ is denominated as a one gram weight and measure of physical gold, creating the most trusted exchange of value utilizing the most trusted store of value for 6000 years. AUREALS™ represent an historic breakthrough in applied mathematics and cryptography. They are sophisticated, proprietary DIGITAL BEARER BONDS™ built on the open source, ledger book protocols called the block chain that have been battle tested for 6 years. Creators and custodians of significant wealth can seamlessly transfer value into AUREALS™, which can be securely and discreetly transferred anywhere in the world, in seconds. The AUREALS™ denominated as a 1 gram weight and measure of gold, can be held as a store of value or exchanged for any other asset of value including currencies or allocated physical gold, which is stored in non-bank vaults in free zones around the world including, but not limited to, Hong Kong, Shanghai, Singapore and Switzerland.
For further information you are invited to contact ICON CAPITAL RESERVE SA:
J. Bradley Hall
Chief Executive Officer
SOURCE ICON CAPITAl RESERVE SA