Pecu Novus to Issue Digital Asset Dividend Distribution “DADD”
On April 2, 2018, Pecu Novus Coin declares a Digital Asset Dividend Distribution “DADD” to all Pecu Novus Coin Holders payable on June 17, 2018. Pecu Novus also announces that Pecu Novus Coin Holders of record as of June 15, 2018 at 11:59pm EST are entitled to the DADD. The DADD issued will be in the form of Megahoot Coins and all circulating supply Pecu Novus Coin Holders will be entitled to receive one (1) Megahoot Coin for every two (2) Pecu Novus Coins owned as of June 15, 2018, the coin holder record date. The DADD issued will be in Escrowed Megahoot Coins, the escrow will be released on September 15, 2018.
In order for the Pecu Novus coin holders to receive the DADD, the Pecu Novus coin holder MUST open a Megahoot Digital Wallet (www.megahoot.net) and transfer their Pecu Novus coins to their Megahoot Digital Wallet. This process will be able to be initiated on April 17, 2018, where as any Pecu Novus coin holder may be able to create their Megahoot Digital Wallet and commence with the transfer process.
As previously announced on March 16, 2018, Megahoot is currently managing the further development and maintenance of the Pecu Novus Digital Asset Network, which brings a high level of security and innovation to both the Pecu Novus Digital Asset Network and the Megahoot ecosystem, which includes the Megahoot coins.
The maximum supply of Megahoot coins is 10 million and the total circulating supply is 5 million. The purpose of Megahoot Coins are two-fold, first its use and second its intrinsic value. The intrinsic value is based on the actual growth and expansion of the company’s products and services.
The use of Megahoot Coins is to facilitate transactions relating to Megahoot’s products and services within the Megahoot ecosystem. The products and services include: “Megahoot Enterprise”, which are enterprise level private collaboration networks, “Megahoot Blockchain”, which offers enterprise level blockchain creation globally, “Megahoot Smart Technology”, which offers customized smart technology for new residential and commercial builds adhering to smart city initiatives and “Megahoot Gaming”, which will offer online video games with ingame purchases of skins and more.
The Megahoot Coins were not issued as an Initial Coin Offering “ICO”, it was a direct launch. More information can be found on www.megahoot.net.
About Pecu Novus
Pecu Novus is a blockchain technology powered asset backed digital asset that enables parties to conduct instant, zero cost coin based transactions globally. Pecu Novus was funded internally by its creators and an initial coin offering “ICO” was never conducted. The networks total coin supply is capped at 100,000,000 of which approximately 80% is slated for investments by the Pecu Novus Asset Fund. An additional 10% is slated for future escrow related transactions on the network, leaving the remaining 10% in the circulating supply. For more information go to www.pecunouvs.com
About Megahoot LLC
Megahoot is a Technology Company focused on secure private collaboration platforms for business and personal use, incorporating ephemeral messaging, high security, use of cryptography and secure mobility. Products being introduced in 2018 include a digital vault for highly secure holding of various cryptocurrencies, loyalty tokens and information on/off the Megahoot Network. With the use of blockchain technology Megahoot will be venturing into various industries from smart homes to health care and more utilizing its blockchain technology platform that will allow corporations globally to create dedicated blockchain networks for their businesses for everything from accounting, logistics, supply chain management, security, education and much more. There will also be the ability to create loyalty tokens and coins aka cryptocurrency on the Megahoot Network. Megahoot LLC is a wholly owned subsidiary of Falcon Global Acquisitions. For more information on FGA go to www.falconglobalacquisitions.com . For more information on Megahoot go to www.megahoot.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities or coins, nor shall there be any sale of securities or coins in any state in which such offer, solicitation or sale would be unlawful, and qualification under the securities laws of any such state.
This press release contains forward-looking statements. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including but not limited to expectations and assumptions concerning the receipt of required regulatory approval. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.