Nxt-ID Subsidiary Fit Pay® Media Alert and FAQ for Flip – Contactless Payment Device for Bitcoin
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Nxt-ID Subsidiary FitPay® Begins Pre-order Shipments of Flip – a Contactless Payment Device for Bitcoin
Fit Pay, Inc., a wholly owned subsidiary of Nxt-ID, Inc. (NASDAQ: NXTD), today announced that it has begun shipments of confirmed pre-orders of Flip, a new contactless payment device that enables Bitcoin holders to exchange their cryptocurrency into U.S. dollars and use that value to make contactless purchases at millions of retail locations. The Company expects to ramp up full production and marketing of Flip in the first half of 2019. “When we developed the concept for Flip...
Nxt-ID Provides Update on Proposed Spin-Off of Payments Division
Nxt-ID, Inc. (the “Company”) (NASDAQ: NXTD) today announced that the proposed spin-off of its payment and other assets into an independent publicly traded company and distribution of shares of the new company to Nxt-ID shareholders has been delayed. Nxt-ID intends to proceed with the spin-off and to establish a new record date for the transaction in the first quarter of 2019. Shares of NXT-ID are currently trading with all the rights of shareholders of Nxt-ID common stock,...
Podcast Corner Talks to CEO of Nxt-ID, Inc. (NASDAQ: NXTD) About Opportunity in Personal Emergency Response System (PERS) Market and Expanding From VA Market to Big Box Retail
Investorideas.com, a leader in tech and fintech investor news issues an exclusive podcast interview with Gino Pereira – President and CEO of Nxt-ID, Inc. (NASDAQ: NXTD), a provider of healthcare devices as well as payment, credential management, and authentication platform services. Listen to the Podcast Corner: https://www.investorideas.com/Audio/Podcasts/2018/100818-NXTD.mp3 Listen to the Podcast on iTunes With research indicating that the Personal Emergency Response System (PERS) market could reach $11.1 billion USD by 2025, Nxt-ID, Inc.’s (NasdaqCM: NXTD) subsidiary, LogicMark, LLC is well positioned to expand the business opportunities, according...
Podcast Corner Talks to CEO of Nxt-ID, Inc. (NASDAQ: NXTD) About Opportunity in Personal Emergency Response System (PERS) Market and Expanding From VA Market to Big Box Retail
Investorideas.com, a leader in tech and fintech investor news issues an exclusive podcast interview with Gino Pereira – President and CEO of Nxt-ID, Inc. (NASDAQ: NXTD), a provider of healthcare devices as well as payment, credential management, and authentication platform services. Listen to the Podcast Corner: https://www.investorideas.com/Audio/Podcasts/2018/100818-NXTD.mp3 Listen to the Podcast on iTunes With research indicating that the Personal Emergency Response System (PERS) market could reach $11.1 billion USD by 2025, Nxt-ID, Inc.’s (NasdaqCM: NXTD) subsidiary, LogicMark, LLC is well positioned to expand the business opportunities, according...
SoundView Technology Group Research Note: NXT-ID, Inc. – Upcoming Spin-off to Unlock Value
SoundView Technology Group (http://soundview.co) releases the following company update for NXT-ID, Inc. (NASDAQ: NXTD ). Upcoming Spin-off to Unlock Value Kris Tuttle, kris@soundview.co Highlights NXT-ID management announced their plans to separate the company into two publicly-traded entities. The Fit Pay business and related FinTech assets will be spun off in a tax-free distribution to existing shareholders. The remaining business and shares will be anchored by the LogicMark business plus some other assets and IP. The motivation behind the...