NEW YORK, NY, United States, via ETELIGIS INC., 03/16/2015 – – Costas, Inc. (OTC Pink: CSSI) (PINKSHEETS: CSSI) Costas, Inc. (CSSI) and AuthentaTrade, Inc. (the Company) are pleased to announce that they have appointed a new CEO and CFO to lead AuthentaTrade forward as it transitions into one of the first ever fully licensed FOREX companies to handle Bitcoin currency transactions.
Outgoing AuthentaTrade CEO Kenny Kan has resigned his position effective immediately and will take a position on the Board of Directors of AuthentaTrade.
“I’m very proud and excited to announce that we have appointed Gwyn Jones as CEO and David Goh as CFO,” said Kan. “These are two very qualified individuals who possess the experience necessary to guide the Company through this transitionary period. With Jones and Goh at the helm, I have full confidence that we will build upon our existing team, raise the necessary financing, then deploy the products that bring efficiency to the market”.
Gwyn Jones has been a founder and champion of many innovative, scalable products with millions of users. He co-founded both VistaPrint and Serif. Serif is a publisher of award-winning low-cost publishing and graphics applications; including PagePlus, the UK’s best-selling DTP product for many years. Vistaprint is a ground-breaking online printing platform that went on to become a market leader with multi-billion dollar NASDAQ listing.
Mr Jones stated, “I’m honored to have been given the opportunity to lead AuthentaTrade at this critical juncture in the Companies journey.
Digital currencies, such as Bitcoin, are literally about to transform how the world uses and accesses money on a daily basis. This isn’t the first time something of this magnitude has happened in the ascent of money, but it’s the first time that technology has been the catalyst of change. With our products, we can lead millions of people around the world into a more financially secure and transparent future.”
As the appointed Chief Financial Officer, Mr. Goh will be accountable for the administrative, financial and risk management operations of the Company. Mr. Goh is a Member of the Certified Public Accountants of Australia, and has spent the last 20 years in public accounting covering a wide range of industries across Asia, Europe and the United States. He started his career with Ernst & Young before spending the balance of his early career with GE Energy as the Asia Pacific Division’s Head of Financial Planning and Analysis. Mr. Goh currently runs his own consultancy business assisting startups and established companies set up their operations in Singapore. He is well versed in both the legal and accounting practices required to list companies on stock exchanges throughout the world. Developing risk management strategies, M&A agreements and efficient tax structures on an international level will assist AuthentaTrade in its endeavors.
AuthentaTrade, Inc. (?) is poised and committed to becoming the leader in the burgeoning digital currency financial landscape. Our revolutionary FOREX and derivatives exchange products will provide the flexibility and efficiency this market desperately needs.
AuthentaTrade’s goal is to help stabilize the digital currency market by providing bank-level system architecture and security for depositors; also by introducing market liquidity where it has never previously existed.
About Costas, Inc.:
Costas, Inc. is a publicly traded company focused on investing in and incubating promising digital currency-based businesses and entrepreneurs by providing access to a global infrastructure of financial and legal professionals and investment groups. Costas identifies “Fintech” emerging companies that, with some incubation and professional experience, will become the next standard in banking, commercial trading and lending.
Safe Harbor Act Notice:
Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management’s current views, are based on certain assumptions and involve risks and uncertainties.
Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the company’s ability to obtain additional financing and the demand for the company’s products. Any investment in the company would be extremely speculative and involve a high degree of risk and should not be pursued unless the investor could afford to lose their entire investment. Before investing, please review this filing, all past public filings with the SEC, all current Pinksheets.com filings and consult a registered broker dealer or contact the financial industry regulatory authority ("FINRA") for more information regarding locating a qualified party to assist in making an investment decision.
The company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company’s expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the company’s success are more fully disclosed in the company’s most recent public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project,"
"should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
Ashley Sansalone, President
Gwyn Jones, CEO
1 415 799 7671
39 Castella Court 2
Piale Pasia, 5th Floor, Suite 254
SOURCE: Costas, Inc.