PinkCoin, World’s First Diamond Backed Crypto Currency

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Jan 25, 2016 at 8:45 AM

PinkCoin, World’s First Diamond Backed Crypto Currency Can Now be Purchased Directly at https://pinkcoin.bitgems.io

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 2^nd 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 18^th , 2016 we have been covered by the following publications:

East European

About PinkCoin

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 ishtock@liquidcommunications.ca office 416-777-2899 cell 416-565-2519 Company Contact: Dr. Nataliya Hearn drhearn@pnik.rocks www.bitgems.io For information on PNIK stock please call 732-768-0912

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Shareholder Stakes at Risk in Major Mergers

Deals in the Spotlight: What's at Stake? Ever wonder if you're getting the short end of the stick while company insiders walk away with the spoils? That's the song and dance investors face with the likes of ADT Inc., Instacart, and MidCap Financial Investment Corporation lately. If you're wearing the shareholder hat, you might want to tune into the noise around these...

Chemours Class Action: Key Deadline Approaches Fast

A Rocky Ride for Chemours Investors The ticker might read NYSE:CC, but right now, that might as well stand for "Caution, Cautious," if you ask me. Investors are on high alert with Chemours facing a class action lawsuit, and the stakes couldn’t be higher. Deadline's looming on December 7, 2026, for those gunning for lead plaintiff status. It's a tense time for anyone who...

Standards Touch 2027 Student Paper Competition

Diving into Trust: ANSI's 2027 Paper Challenge Out from the buzz of New York, the American National Standards Institute (ANSI) has stirred up some real brain-teasing talk for students across the country. Kicking off the 2027 Student Paper Competition, they're handing students a chance to ponder a question we take for granted every day. Do we ever truly consider what makes...

Urgent Deadline Looms for Hims Class Action Investors

Hims & Hers Under Fire: Act Now or Pay Later If you're holding $HIMS shares, let me tell you—this isn't the time to snooze. With a federal lawsuit breathing down its neck, Hims & Hers Health, Inc. finds itself teetering on the precipice of serious financial and legal mayhem. The clock's ticking with the class action cutoff looming on November 2, 2026. If you're nursing...

Apollo Scooters Reveal the Truth About Winter Range Loss

When the mercury dips, how far can your electric scooter really take you? Apollo Scooters has put some meat on the bones of this question, digging through over half a million rides to bust the myth that chillier days chop your scooter's range by half. Reality Check on Winter Range Loss For years, folks have griped that cold weather slashes electric vehicle range by a...

OneMain Holdings' Q3 2026: Mixed Signals in Nonprime Sector

Third Quarter Earnings: A Double-Edged Sword OneMain Holdings, Inc. (NYSE: OMF) rolled its Q3 2026 numbers out, and they look like a classic cocktail of high hopes and looming risks. On the surface, a diluted EPS of $1.60 might not sound like a knockout punch to the jaw, but let’s not forget they’ve taken a step back from last year’s $1.67. Their net income of $185...

FDA Greenlights VELO: A Turning Point for Reynolds?

FDA Decision: A Big Win for Reynolds American Boy, am I seeing a shift in the winds. The FDA's green light for VELO nicotine pouches adds a fresh feather to Reynolds American's cap. In a gritty industry like tobacco, getting FDA's nod ain't just about safety; it’s a strategic leg up against traditional smoke. My gut tells me this isn't just about keeping pace. It's...

HK Reforms Unveiled Post-Devastating Fire: A Closer Look

Unpacking Hong Kong's Response to Unthinkable Tragedy Ever been in front of a thick, burning building façade, watching helplessly as it all crumbles away? Well, that's what happened in Hong Kong last year on November 26. A devastating fire at Wang Fuk Court in Tai Po turned lives upside down, killing 168 people, and it's prodded the government to finally sit up and...

Brewers '26 Win Fuels Cap Craze: New Era's Play

Brewers: Finally on Top of the World Boy oh boy, the Milwaukee Brewers have finally done it! After years of being the underdogs, the team has clinched their first-ever World Series championship in 2026. You think you're dreaming, but no, it's the real deal. The Brewers, once just a hopeful name on the roster of Major League Baseball's teams, have stormed their way to a...

Gastops and Bell: A New Era in Aerospace Collaboration

Gastops and Bell Seal a Forward-Looking Deal Who would've thought Gastops and Bell, two juggernauts in their respective fields, would link arms to drive the aerospace game forward in Canada? That's right, a Memorandum of Understanding (MOU) was inked between these titans at the 2026 Canadian Aerospace Summit, paving the way for collaboration on future programs. This isn't...