Toronto, Ontario–(Newsfile Corp. – August 24, 2024) – Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF), (“Bluesky” or the “Corporation”) announced today that it has engaged and retained a third party appraiser to evaluate the market value of AI-Powered B2B/C2B Matching Service for Organization / Web Meeting Platform BlueskyINTEL.com
The purpose of the meeting is to assess the fair market valuation of the BlueskyINTEL platform in its current form for the purpose of determining the fair market value as the Corporation actively pursues profitability objectives for the purpose of expanding the Corporation's AI business plan.
The Corporation also announced today that its Business and Technical Roadmap efforts related to the BlueskyINTEL Web Engagement Platform have been ongoing and closely tracking the established schedules and plans. Additional technical and business platform functionality modules are scheduled for release next quarter and will be announced as they go live in production.
The Corporation also announced that it has paid $100,000 CAD in respect of loans backed by the General Securities Agreement and that it has entered into debt settlement agreements to settle debt owed to several professionals in the aggregate amount of $226,000 CAD. In total, the aggregate debt amounted to $326,000 CAD and was paid for by the issuance of 6,520,000 Common Shares at a price of $0.05 CAD per Common Share. The debt settlement will help the Society maintain its capital to operate and advance its AI efforts. The Issuance of 6,520,000 Common Shares will not result in a change of control of the Corporation.
Information about the company Bluesky Digital Assets Corp.
Bluesky Digital Assets Corp, has created a high value digital business at the intersection of Artificial Intelligence, Blockchain and Web3 business solutions. Leveraging its success as an early adopter of proprietary technology solutions, Bluesky has invested in its Roadmap. Bluesky's platform, BlueskyINTEL, is well positioned to take advantage of the current boom in Artificial Intelligence (“AI”) and Blockchain-based technologies through a robustly built collaboration platform. This innovative web platform that supports and enables businesses to adopt and utilize this emerging and evolving technology.
For more information please visit Bluesky at: www.blueskydigitalassets.com or www.blueskyintel.com
Please also follow us on Linkedin at: www.linkedin.com/company/bluesky-digital-assets/
Forward-Looking Statements
The information set forth in this news release may include forward-looking statements under applicable securities laws. The forward-looking statements contained herein are qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to revise or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be true. This news release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein and undue reliance should not be placed thereon. Neither CSE nor its Legal Services Provider as that term is defined in CSE policies accepts responsibility for the adequacy or accuracy of this release. We want a safe harbor.
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