Lottogopher Holdings Inc. Appoints Ali Zamani to Its Board of Directors and Lloyd Lemmon of Lottoland to Advisory Committee
Adds Capital Markets, Blockchain and Cryptocurrency Expertise
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2018) - LottoGopher Holdings Inc. (CSE: LOTO) (OTCQB: LTTGF) (FSE: 2LG) ("LottoGopher" or the "Company") today announced the addition of Mr. Ali Zamani to its Board of Directors.
Ali Zamani is currently the Managing Partner of Overlook Investments. Mr. Zamani also serves on the Board of Directors for Protos Blockchain Corp, a cryptocurrency hedge fund and asset management company leveraging artificial intelligence. Previously, Mr. Zamani served as a Portfolio Manager and CIO at Gefinor Capital Management from 2014 to 2016. Prior to Gefinor, Mr. Zamani was a Principal at SLZ Capital Management, a New York-based asset management firm, from July 2012 to December 2013. Prior thereto, he was a Portfolio Manager at Goldman Sachs from 2004 to 2012 where he managed upwards of $400 million across various sectors. From 2002 to 2004, he was a mergers and acquisitions analyst at Dresdner Kleinwort Wasserstein, a boutique New York-based investment bank focused on the energy and utilities sectors. Mr. Zamani holds a B.S. in Economics from the Wharton School.
"I'm thrilled to join the LottoGopher Board and believe there are great opportunities in blockchain to capture market share and create value for our shareholders," commented Ali Zamani.
"The addition of Mr. Zamani to our Board not only strengthens our corporate finance acumen and access, but also gives us a robust look at global investment opportunities for the Company through his connections", said CEO James Morel.
LottoGopher would also like to announce that Mr. Lloyd Lemmon of Lottoland has been appointed to the Advisory Committee, resigning his position on the Board of Directors. Lottoland is a European online lottery company that has 5.5 million customers worldwide, 270 employees and revenues of approximately €300 million (USD$327 million) for 2016.
"Mr. Lemmon's experience in the online lottery sector will continue to be helpful as LottoGopher begins to expand online lottery services in the United States. We're thankful for his time on, and contributions to, our Board, and look forward to his continued guidance as part of the LottoGopher Advisory Committee.", added CEO James Morel.
LottoGopher is a lottery messenger service that allows users to easily order and manage their state lottery tickets online using a debit or credit card. By allowing individuals to choose their numbers and safely order tickets for the official lottery drawings in California, LottoGopher makes it simple for users to keep track of their tickets and winnings. With LottoGopher, individuals can either play alone with a single ticket or create and join online public and private groups to pool winnings from California lotteries, including Mega Millions, Powerball and SuperLotto Plus. LottoGopher offers memberships that allow California residents to order multiple tickets from various lotteries. LottoGopher also enables users to stay up to date on the latest drawings, track their tickets and collect winnings. Members have exclusive access to expert player strategies, jackpot alerts, lottery news, lucky number pickers and winners' financial resources.
On behalf of the Board of LottoGopher Holdings Inc.
President, CEO & Director
3807 Wilshire Blvd. Suite 705
Los Angeles CA, USA
This news release contains statements and information that, to the extent that they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, statements regarding expansion plans, as well as statements regarding future plans, objectives or economic performance, or the assumption underlying any of the foregoing. Statements in this news release relating to the Company's proposed change of business are forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. In respect of the Company's plans to pursue a change of business, risks would include the ability of the Company to obtain additional financing on acceptable terms and to identify and negotiate investment opportunities in cryptocurrency, blockchain technology, and the cannabis sectors. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.
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