KSIX/True Wireless currently does approximately $1,200,000 a month in 5 states where True holds an ETC license. KSIX is entering into an agreement to create a Virtual ETC which results in instantly gaining access to 30 more states including California. This is the culmination of a year of diligently working on this enterprise and should result in exponential sales and revenue.
The rollout is expected in the next 30 days. The KSIX team is currently testing the onboarding system and distribution changes necessary to hit the ground running while the finance team is creating the model to intelligently manage short term cash-flow to produce the most efficient long term value.
Pushing forward in the Blockchain space, KSIX has engaged the firm of Homeier Law, PC to formulate the strategic plan for the development and all the mechanics of a Utility Token ICO roll out. A KSIX subsidiary (to be named) will be moving forward with this Ethereum Utility Token. More details to come as the underlying desire will be to raise $20,000,000 for aggressively implementing FinTech Blockchain projects without shareholder dilution or debt.
It is our goal to be the first or one of the first public companies to roll out an ICO. This is a way for all of the Americans who are banned from ICOs around the world and or the people who don’t understand or want to take the risk. Interested parties can simply become shareholders of KSIX.
Manny Flores and David Ansani have joined the Board of Directors and immediately begin on day one working towards the formation of an audit and compensation committee.
Both gentleman bolster the governance, credibility and compliance of the company while assisting in mergers and acquisitions.
Manny is a graduate of The George Washington University Law School Manny has held various applicable positions including: Secretary – Illinois Department of Financial and Professional Regulation, Director – Illinois Department of Financial and Professional Regulation, Chairman – Illinois Commerce Commission, Alderman – City of Chicago, 1st Ward, and Congressional Aide – U.S. House of Representatives.
David earned his Master of Business Administration in Strategic Management/Organizational & Managerial Behavior from the University of Chicago and Juris Doctor from IIT/Chicago-Kent School of Law. With a background in compliance, negotiation, finance, due diligence and audit, David is our corporate expert specializing in administrative back-office accountability while assisting in general business compliance aspects including mergers and acquisitions. David is also our liaison to strategic regulatory attorneys ensuring a smooth flow of information and processes with adherence to all requirements necessary so the visionaries on our team will not be distracted with the business of being a public company.
KSIX has commissioned Vision Software Solutions to build a Bitcoin app and software wallet for both Androids and iPhones . The app and wallet will be installed on new handsets that True Wireless distributes and will also be available for download in the Apple Store and Google Play Store.
The app will be a “Bitcoin Faucet” which allows anyone to earn and win free bitcoin by playing games and performing other activities such as spinning a prize wheel each day.
The wallet (www.bitcoinsecurebank.com) will store customer Bitcoins while giving the option to trade for other Ethereum based coins.
The apps will uniquely drive revenue for KSIX by leveraging the existing Ad Network impressions from KSIX Media while consumers are playing games and offer “in-app” purchases.
Estimated time to market is 90 days.
John Mott has accepted the position of Vice President of Blockchain technology. He brings a diverse and experienced skillset that includes 30 plus years of development in multiple programming platforms and languages with the most recent focus on Blockchain technologies, Ethereum, Cryptocurrency/Digital Assets and distributed ledgers with regards to real world applications. John will oversee and manage all projects in this sector while evaluating acquisitions that allow KSIX to move quickly in this new sector.
With a strong belief in community and duty, KSIX has appointed Maggie Elizondo to serve as the liaison of KSIX to the disability communities with the goal of utilizing our corporate tools to protect and improve the quality of life for people with disabilities. Some of the significant awards Maggie has received are Ability Awareness Hero of the Year Award recognized by Union Bank and Channel KPBS, Ms. Wheelchair California, Shining Star Award of Excellence recognized by MWCC, Certificate of Recognition recognized by the City of Los Angeles and San Diego Certificate of Recognition recognized by Mayor Jerry Sanders.
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