IEG Holdings Corp. (IEGH) Offers 1:1 Investment Evolution

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
180
IEG Holdings Corp. (IEGH) Offers 1:1 Investment Evolution Coin Ltd. Share Entitlement to Shareholders

- IEG Holdings’ shareholders will be provided with the opportunity to obtain shares in Investment Evolution Coin Ltd., which is pursuing cryptocurrency projects
- Arrangement allows shareholders unique opportunity to remain involved in the crypto industry with lower regulatory risk, but investors must be an IEGH shareholder before the end of April to be eligible for one Investment Evolution Coin Ltd. share for every one IEGH share held
- Investment Evolution Coin Ltd. has entered a partnership with a reputable consultancy company for the purpose of launching its cryptocurrency, which will facilitate financial transfers from abroad to the Philippines

IEG Holdings Corp. (OTCQB: IEGH) announced that the company will refrain from directly pursuing cryptocurrency-related projects for the time being. However, shareholders on the measure date (April 30, 2018) will retain the upside in the cryptocurrency field through the launch of a new cryptocurrency by Investment Evolution Coin Ltd. (“IEC”), a company that’s managed by IEG Holdings CEO Paul Mathieson. According to a company press release (http://nnw.fm/yY7hz), IEG Holdings’ shareholders will be provided with an opportunity to receive IEC shares, allowing them to remain involved in the crypto industry with lower risks.

Based on Mathieson’s announcement, all IEGH shareholders will be provided with the opportunity to receive shares in IEC that are equivalent to the number and percentage of IEG Holdings common stock in possession of the respective shareholder. The offer will be valid for shareholders on record as of 5 p.m. EDT on April 30, 2018.

As of March 19, 2018, there are over 17.46 million outstanding IEG Holdings shares. The paid up IEC capital is represented by the same number of ordinary shares.

Investment Evolution Coin Ltd. is a Singapore-incorporated public unlisted company. Currently, it is exploring the launch of a new cryptocurrency called Investment Evolution Coin. According to official information, the launch date for Investment Evolution Coin is currently set for May 2018. Initially, the cryptocurrency will aim to simplify financial transfers to the Philippines from nationals who work in other countries, such as Australia, New Zealand, the United States and Singapore. To ensure the success of the venture, IEC has entered a partnership with HashCash Consultants, a cryptocurrency consultancy company based in the Silicon Valley, California.

IEG Holdings Corporation currently provides unsecured consumer loans ranging from $5,000 to $10,000. The operations occur under the brand name ‘Mr. Amazing Loans’. An online application portal was developed for the brand, allowing for completion of the entire loan application process in the digital realm.

In February 2018, IEG Holdings announced a partnership with Intellectsoft – a prominent blockchain consultancy company. The plan focused on the creation of an IEG Holdings’ cryptocurrency for the offering of loans and the easier acceptance of repayments. However, the company last week announced that, upon further investigation and risk analysis, a cryptocurrency offering will not be pursued at the current time. However, IEG Holdings is set to continue monitoring the development of blockchain technology, possibly considering cryptocurrency ventures in the future.

Borrowing and lending with cryptocurrency (http://nnw.fm/LU1s6) is a concept that has been around for some time. While the range of applications is still limited, the market is potentially huge. Another potential application is using cryptocurrency as a form of collateral (http://nnw.fm/Yyl8W) to obtain a loan – a possibility that’s still in its early stages of development.

According to Mathieson, the combination of blockchain technology and a powerful online loan provision system is an exciting proposition that will enable IEG Holdings to eventually become a key player in the blockchain sector.

For more information, visit the company’s website at www.InvestmentEvolution.com

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

XXXX Dormant Shell Corporation (XDSC) Stock Research Links

XDSC Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

PathoSearch: A New Era in Pathology With Visual Search

Updated Category News Views 9

Revolutionizing Pathology with a Visual Search Engine In an era where time is money and precision is paramount, Aignostics is betting big on transforming the pathology landscape. Today, their announcement of PathoSearch, a visual search engine designed for retrieving comparable diagnosed pathology cases, marks a massive leap towards streamlining the diagnostic process....

Continue Reading
D-Wave Faces Legal Questions After CFO Exit and Losses

Updated Category News Views 2

Trouble Brews at D-Wave Quantum Smack in the middle of market chaos, D-Wave Quantum Inc. (NASDAQ: QBTS) seems to have hit a rather gnarly pothole. With disappointing revenue figures for Q2 of 2026—coming in at a measly $3.08 million, far below the expected range of $4.03 million to $4.08 million—investors have more than enough reasons to be irked. When the numbers...

Continue Reading
Damp or Dry: The Battle for Healthy Air in Colorado

Updated Category News Views 4

The Hidden Cost of Colorado's Dry Air Dry climate isn't just a seasonal inconvenience—it's a real hidden cost to living comfortably and healthily in Colorado. With winters colder than a brass monkey's tail and summers that don't offer much relief in terms of humidity, your home's air quality is on the front line. So, what's the financial tale here, and how do you come...

Continue Reading
Countries Eye New Investment Paths at CIFIT 2026

Updated Category News Views 4

Global Investment Winds Shift at CIFIT In the thick of a world that's being turned on its head, you've got big shots from 129 countries and 30 international organizations talking shop at the 26th China International Fair for Investment and Trade (CIFIT) in Xiamen. Take your pick from the 48 of the world's top 50 GDP powerhouses rubbing shoulders there—this ain't your...

Continue Reading
Protecting Teeth: Insights from Endodontist Dr. Joubert

Updated Category News Views 6

Preserving Our Natural Chompers Digging into the details of endodontic care, you realize how it's the unsung hero in the dental world. And let's face it, teeth don't get happier on their own when there's a problem on the inside. Dr. Christopher Joubert, a wiz on the endodontic front, spills the beans over at HelloNation about how essential these practices are in keeping...

Continue Reading
Ajman Spotlights Tourism at Arabian Travel Market 2026

Updated Category News Views 3

Ajman: A Tourism Gem in the Making Swinging into the Arabian Travel Market 2026, Ajman isn't just a footnote in the UAE's tourism playbook anymore, it's gunning for the spotlight. There's a flurry of activity as the Ajman Department of Tourism, Culture and Media rolls up its sleeves to flaunt the emirate's kaleidoscope of attractions to the world's tourism brass. Going...

Continue Reading
USPS Honors 150 Years of the U.S. Coast Guard Academy

Updated Category News Views 7

Honoring Tradition and Service The good ol’ U.S. Postal Service is at it again, giving a tip of the hat to a slice of American military heritage. This time, they’re putting out a new stamp to celebrate the 150th anniversary of the U.S. Coast Guard Academy. And you know where they did the honors? Right there on Custom House Pier in New London, Connecticut, a place that...

Continue Reading
Larry Ellison's Moves Signal Confidence in Oracle's Future

Updated Category News Views 6

Unraveling Ellison's Bold Decision There's nothing like a sudden shift from a tech titan to make Wall Street sit up and take notice. Today, we got the word that Larry Ellison, Oracle's big gun as Executive Chair and CTO, has pulled the plug on his plan to sell Oracle stock. No dice, no distance covered under that plan. And he's made it crystal clear—selling isn't on his...

Continue Reading
SMPL Faces Legal Drama: What Investors Need to Know

Updated Category News Views 5

Investors Swim Against the Current With SMPL Picture this: You’re sipping your morning coffee, glancing through stocks, only to choke on your bagel when The Simply Good Foods Company (NASDAQ: SMPL) pops up with some less-than-palatable news. A class action is brewing, shouting out to investors who took the bait from October 24, 2024, to April 8, 2026. If you’re one of...

Continue Reading
PureHealth's Acid Reflux Solutions: An Investor's Insight

Updated Category News Views 2

Digestive Wellness: The Emerging Opportunity Some days, it feels like everybody's got a gripe about their gut. You nod along at the lunch counter, folks buzzing about digestive this and acid that. But when PureHealth Research pops up with their fancy supplements, well, even the stock market's noisier nonsense starts sounding a bit quieter. They're banking big on the...

Continue Reading

Top 5 Most Recently Viewed Articles

Revitalizing the Gastroparesis Market with Transformative Therapies

Updated Category News Views 191

Growth Trajectory of the Gastroparesis Market The gastroparesis market is experiencing significant growth, projected to achieve a remarkable CAGR of 21.9% by 2034. This surge is mainly due to the introduction of innovative therapeutic classes that offer the promise of improved efficacy and reduced side effects. Novel agents like the Dopamine D2 receptor antagonist have...

Continue Reading
Innovative Trends in the Aviation Actuator Market Outlook

Updated Category News Views 192

Growth and Transformation of the Aviation Actuator System Market The aviation actuator system market is on a robust growth trajectory, currently valued at approximately US$ 1.7 billion in recent years. Forecasts predict a steady rise, with expectations to reach a remarkable market value of US$ 3.1 billion by the end of the forecast period. This growth is largely...

Continue Reading
Pulsenmore Partners with Prominent U.S. Medical Center for Ultrasound Innovation

Updated Category News Views 131

Pulsenmore Partners with a Leading Medical Center in the U.S. Pulsenmore Ltd. (NASDAQ: PLSM), a trailblazer in home ultrasound technology, has marked a significant milestone in its journey by engaging in its first commercial partnership with a renowned medical center in the United States. This initiative comes on the heels of receiving FDA approval for their cutting-edge...

Continue Reading
Meta Platforms Set to Reveal Year-End 2025 Financials

Updated Category News Views 245

Meta Platforms Gearing Up for Year-End Financial Results Meta Platforms, Inc. (NASDAQ: META) has announced that its financial results for the fourth quarter and full year 2025 will be disclosed after the market closes. This much-anticipated release is scheduled for January 28, 2026. Financial analysts and investors alike are eager to assess Meta's performance as the...

Continue Reading
Jacobs Strengthens Ireland's Railway Infrastructure Through Expansion

Updated Category News Views 184

Jacobs to Support Ireland's Railway Infrastructure Transformation Jacobs is stepping into an essential role as a multi-disciplinary consultant, aiding in the modernization and expansion of Ireland's railway infrastructure. This initiative is focused on improving regional accessibility and the crucial corridors that interconnect cities, laying the groundwork for expanded...

Continue Reading