Megahoot Announces Pricing of the Pecu Novus Coin for the Exchange to Megahoot Common Shares

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It was announced today that technology company Megahoot has set the price for the voluntary exchange of Pecu Novus coins for Megahoot common shares effective April 8, 2020.

Pecu Novus coin holders will have the option to voluntarily exchange a set amount of Pecu Novus coins that they own for Megahoot common shares, this exchange will take place on Wednesday, April 8, 2020. The pricing set per Pecu Novus coin will be at US$120.00 , the exchange rate into Megahoot common shares will be announced on Wednesday, April 8, 2020.

It is recommended that any Pecu Novus coins holders who desire to voluntarily exchange a portion of their Pecu Novus coin holdings into Megahoot common shares contact [email protected] and provide the following information:

Name:
Email:
Pecu Public Key:
Number of Coins Held:

Once the information is received and verified by legal an email will be sent out containing the steps necessary for the exchange. The acquisition date of the Pecu Novus coins must be prior to April 7, 2020.

Megahoot is not under any legal obligation or otherwise to exchange Pecu Novus coins for common stock in the Company, this limited program has been put in place due to the Company assisting in the maintenance of the Pecu Novus Digital Asset Network and the limited liquidity for coin holders at the current time. It’s at the Company’s discretion as to the actual amount of coins owned by an entity or individual that would be accepted to exchange into the Company’s common stock. Megahoot took over the maintenance and future development of the Pecu Novus Digital Asset Network on March 16, 2018.

For more information please go to www.megahoot.com and www.pecunovus.com

About the Pecu Novus Digital Asset Network
The Pecu Novus Digital Asset Network is a blockchain technology enabled digital asset network that enables parties on the network to conduct instant, zero cost coin based transactions globally. The network provides businesses with the ability to place Pecu Novus coins in escrow for most any type of transaction, such as import/export, real estate, consumer products, manufacturing and much more. For more information go to www.pecunovus.com or to access the digital wallet go to www.pecunovus.org

About Megahoot
Megahoot is an innovative and diverse technology company that is focused on Blockchain Technology, Smart Technologies, Internet of Things, Artificial Intelligence, Machine Learning and Cybersecurity. The company is building a global ecosystem that will incorporate dozens of eCommerce, eGaming, Blockchain based platforms, Collaboration platforms, Facial Recognition and Biometric Platforms as well as other disruptive innovations in the Artificial Intelligence and Machine Learning arena via its strategic partnerships. Stand alone digital platforms include the Megahoot Vault which is a digital vault for highly secure holding of various cryptocurrencies, loyalty tokens and digital documents. DocuMega which is a highly secure eSignature platform that will soon incorporate digital document sharing, collaboration and more. Other platforms in development will service a number of industries from manufacturing, logistics, smart construction, health care, fintech and more utilizing proprietary cryptography enabled blockchain technology. For more information on Megahoot please go to www.megahoot.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities or coins, nor shall there be any sale of securities or coins in any state in which such offer, solicitation or sale would be unlawful, and qualification under the securities laws of any such state.

This press release contains forward-looking statements. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including but not limited to expectations and assumptions concerning the receipt of required regulatory approval. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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