SIMEX (OTC: ARGB) announces the beginning of the public

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
117
SIMEX (OTC: ARGB) announces the beginning of the public offering

LAS VEGAS, Aug. 22, 2018 (GLOBE NEWSWIRE) -- SIMEX Inc. announces the beginning of the public offering of its convertible preferred shares in the amount of 10 million shares at the price of 20 USD per share. Shares offering is officially registered in accordance to SEC requirements. The raised funds will be used towards increasing the liquidity of the cryptocurrency and digital assets exchange platform which is also developing  the technology of trading in "one account" mode, marketing and further development of the platform.

The feature of this offering is that the sale of shares could be made for cryptocurrencies such as BTC, ETH, Litecoin, Dash, EOS. 

Purchase could be made through the smart-contract by purchasing of SMX tokens, the tokens are convertible to SIMEX's preferred shares in the ratio of 20 tokens per 1 preferred share.

All investors can have the SEC qualified custodian and escrow services provided by Prime Trust.

SMX Token allows you to reduce the commissions when trading on the SIMEX Exchange depending on the balance of the user's account up to 0%.  SMX token also gives the right to have discounts purchasing any products and services within the platform.

The Board of Directors decided to pay 40% of the corporation profit annually on these preferred shares until the common share price reaches 40 USD on the stock market. After that the corporation has a right to force to convert  preferred shares into common shares at the ratio of 1:1. 

This offer will last until March 1st, 2019 or until the shares are fully sold out.

The detailed description and information about this offer can be found on the website of the corporation at https://simex.global in the SMX TOKEN SALE section.

Contact information:
Email: info@simex.global
Headquarters: 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109

Scroll down for more posts ▼

Top 10 Most Recent News Articles

WHO and RCSI Bahrain Join Forces on Health Initiatives

Updated Category News Views 327

Forging a Healthier Pathway In a world where healthcare challenges rise faster than my blood pressure during a stock market crash, the World Health Organization (WHO) and the Royal College of Surgeons in Ireland (RCSI) – Medical University of Bahrain have inked a deal to tackle these issues head-on. The memorandum of understanding (MoU) signed on November 15, 2026,...

Continue Reading
JOYEE N01 Debuts Globally with First 2,000 Deliveries

Updated Category News Views 158

JOYYE N01 Breaks into the Global Market Now, here we go, folks—a Chinese car with ambitions bigger than the Sahara. On October 28, the JOYEE N01 rolled off the assembly line and into the international scene with a lot of fanfare at FAW's Yancheng Branch. Mark my words, this isn't just another model trying to strut into the global auto arena. This event delivered the...

Continue Reading
EZaccessMD Data Breach: Class Action Lawsuit Looms

Updated Category News Views 587

Data breaches are the bogeyman no one wants lurking in the shadows, and when it’s your personal info at stake, folks rightfully squirm. This recent fiasco at EZaccessMD is one of those unsettling incidents. The word on the street isn't pretty: sensitive medical data has slipped through the cracks, leaving Edelson Lechtzin LLP, a heavyweight in class action maneuvers, to...

Continue Reading
KINGRVER Boosts RV Comfort with New Water Heater Lineup

Updated Category News Views 67

An Upgrade for the Open Road In the land of RV living, comfort is king—or in this case, KINGRVER. Dropping affordable upgrades for water heaters into the world of RVs, KINGRVER's CT6 lineup is like a warm hug on a chilly campsite morning. Whether you've pulled up to a wooded retreat or parked under the vast desert sky, having dependable hot water shouldn't be a gamble....

Continue Reading
Beef 'O' Brady's Expands Into Tuscaloosa Market

Updated Category News Views 91

A New Player in Town: Beef 'O' Brady's Lands in Tuscaloosa Listen up, sports fans and pub grub lovers of Tuscaloosa! Beef 'O' Brady's just kicked down the doors and expanded its reach, opening a location smack on McFarland Boulevard. The place threw open its doors on October 26 and is set to make waves in the local scene, driven by the dedicated hands of Mitul Patel and...

Continue Reading
Pan-Mass Challenge Gifts $80M to Dana-Farber for 2026

Updated Category News Views 0

A Momentous Gift in a Crunch Time for Cancer Research Biking and philanthropy might seem like an odd duo, but let me tell you, the Pan-Mass Challenge (PMC) is making that partnership look like peanut butter and jelly. This year, PMC rolled out a jaw-dropping $80 million gift to the Dana-Farber Cancer Institute. You heard right—eighty million smackeroos. Talk about going...

Continue Reading
Employment Law Suit Hits ABC: Alleged Wage Violations

Updated Category News Views 37

ABC Under Fire for Labor Code Violations You know it's a rocky road when a company like American Broadcasting Companies, Inc. lands itself in hot water with accusations riding high on labor law violations. People yapping about lunch breaks? Well, that’s the ball game here. Meal and Rest Break Controversies According to a recent lawsuit filed by Blumenthal Nordrehaug...

Continue Reading
InstaHeat 35K: FOGATTI Offers Upgraded RV Furnace Control

Updated Category News Views 79

Winter RV Trips Just Got Cozier There's nothing quite like hitting the open road in an RV during the winter months. But let's face it, nobody wants to return to a cabin that's as frigid as the great outdoors. Here's where FOGATTI steps up its game with the InstaHeat Ultra 35K RV Furnace. They’ve tinkered with the thermostat to iron out more precise control, just in time...

Continue Reading
Uber Data Breach: Class Action Investigation Begins

Updated Category News Views 193

When Tech Meets Trouble: Uber's Data Breach Picture this: the hum of Uber rides weaving through your city, drivers none the wiser that personal info has been pried from the vaults thanks to their tech partner, Fireworks AI. Uber, folks, is in hot water once again. This isn’t just another tech hiccup; it's a legal whirlwind brewing up courtesy of Edelson Lechtzin LLP, a...

Continue Reading
HONGQI's EHS4 Launch in Europe: Bridging East and West

Updated Category News Views 265

Revving Up a New Chapter: HONGQI in Venice There's a new player in the European automotive scene, and it's rolling in with more style than a Venetian gondola. HONGQI, a name that's been turning gears in China since '58, is packing its suitcases full of Eastern elegance and landing straight in Venice with the all-electric EHS4. On November 16, the brand is set to unveil...

Continue Reading

Top 5 Most Recently Viewed Articles

Ribbon Communications Inc. Achieves Record Revenue Growth

Updated Category News Views 188

Ribbon Communications Inc. Reports Impressive Financial Growth Ribbon Communications Inc. (NASDAQ: RBBN) has made headlines with its latest financial results, showcasing an exceptional growth rate of 15% compared to the previous year. This surge comes at a time when the demand for real-time communications technology and IP optical networking solutions is booming. As a...

Continue Reading
Revolutionizing Flooring Installation with an Innovative Tool

Updated Category News Views 135

Introducing a Groundbreaking Flooring Tool In the world of home improvement, innovation is key. An inventive mind from Pennsylvania has drawn upon their experiences to create a revolutionary tool aimed at transforming the floating floor installation process. This newly developed tool, known as the FLOATING FLOOR KICKER, is designed to make installation easier and more...

Continue Reading
The Zone Partners with Radford University to Enhance Athlete Wellness

Updated Category News Views 290

The Zone Partners with Radford University Athletics The Zone, a prominent digital health platform, has embarked on a groundbreaking three-year partnership with Radford University Athletics. This collaboration not only signifies the second program from the Big South Conference to embrace The Zone, but it also bolsters its reputation as a dependable resource for collegiate...

Continue Reading
Addressing the Mobile Internet Usage Gap for Global Connectivity

Updated Category News Views 289

Understanding the Mobile Internet Usage Gap In an era defined by technology, the idea of connectivity is paramount. A recent report from the GSMA, a prestigious global organization advocating for the mobile industry, has shed light on a critical issue. Despite a significant number of people now using mobile internet services, a staggering 3.1 billion individuals remain...

Continue Reading
ING's Share Buyback Program Progress and Future Outlook

Updated Category News Views 249

Overview of ING's Share Buyback Initiative ING has made significant strides in its ongoing share buyback program, which totals €2.0 billion. Recently, the company reported the repurchase of 2,710,019 shares during the week leading up to July 4, indicating a robust commitment to enhancing shareholder value. Details of Recent Share Repurchases The shares were acquired at...

Continue Reading