QuantGate CEO Acquires 90 Million Shares At USD $0.20 Per Share From Founders
Toronto, Ontario and New York, New York--(Newsfile Corp. - July 6, 2022) - QuantGate Systems Inc. (OTCQB: QGSI) (the "QuantGate" or "Company"), an Artificial Intelligence ("AI"), Machine Learning ("ML") SaaS-based Fintech solutions provider is pleased to announce that its Chief Executive Officer & Director, Mr. Govin Misir, has acquired a total of 90 million common shares in the company at USD $0.20 per share from the Founders of QuantGate. Mr. Misir's decision represents a vote of confidence in the future success of QuantGate and its ability to create value for shareholders.
QuantGate Systems Inc.'s Board of Directors wishes to thank Mr. Misir for his dedication and commitment to the company.
Wayne Welter, Chairman of QuantGate: "Govin's decision reflects his confidence in our technology, our team, the future of the company and represents a commitment to guide this company over the long term."
Govin Misir, CEO at QuantGate: "I am committed to build a strong and sustainable business, and I believe in transparency and accountability; this is one way to show that I am committed to create value for shareholders."
QuantGate Systems Inc. (OTCQB: QGSI) is a publicly-traded Fintech company operating for over ten years, developing sophisticated Artificial Intelligence (AI), Machine Learning (ML), and proprietary big-data processing algorithms and analytics to deliver SaaS solutions and seamless API integration. Pilot & Co-Pilot Trading ( www.pilottrading.co ) are 100% wholly-owned subsidiaries of QuantGate. Our core intelligence identifies investment opportunities across multiple asset classes, rooted in the financial markets, and perfected for cryptocurrency exchanges, enabling our valued clients to make better-informed investment decisions. Turnkey solutions and efficient APIs, founded on robust and scalable SaaS architecture, easily allow 3rd party integration for onboarding existing users and scaling globally.
QuantGate Systems Inc.
Govin Misir, CEO & President
150 Bloor Street West, M103
Toronto, ON, M5S 1M4
T: +1 (416) 580 8604
All statements included in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments, and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not undertake to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.
QuantGate Systems Inc. does not undertake any obligation to update forward-looking statements and cautions investors to consider all other risks and uncertainties, including those disclosed in QuantGate filings with the United States Securities and Exchange Commission.
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