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Thursday, March 22, 2018

Investorideas.com Newswire - #Tech News: Gopher Protocol Inc. (OTCQB: $GOPH) Acquires Assets from ECS Prepaid LLC in a Multi Million Dollars Transaction

Investorideas.com Newswire - #Tech News: Gopher Protocol Inc. (OTCQB: $GOPH) Acquires Assets from ECS Prepaid LLC in a Multi Million Dollars Transaction





Gopher
Protocol Inc. (
OTCQB: GOPH) ("Gopher"), a development-stage
company which specializes in the creation of Internet of Things (IoT) and
Artificial Intelligence enabled mobile technologies, effective March 1, 2018
acquired certain assets from ECS Prepaid LLC ("ECS"), including, but
not limited to, the processing prepaid platform, servers, POS terminals,
customer list, a processing software program and goodwill. The core asset of
ECS is its processing software program, which Gopher intends to marry
immediately into the prior acquisition of the UGO HUB and the UGO brand of
products. Following its September 2017 acquisition of the UGO assets from RWJ
Advanced Marketing, Gopher has been focused on integrating these assets into
its operations. Gopher intends to upgrade the designated website for the brand,
which is currently located at 
http://www.myugoonline.info/. The coupling of
the UGO and ECS assets will allow Gopher to "in house" process all of
its PIN and financial products and will eliminate any dependency upon third
parties for processing services allowing Gopher to curate and distribute a
faster time to market.

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