No Borders, Inc. (OTC: NBDR) Successfully Finalizes Reverse Merger with Lannister Holdings, Inc.
March 19 2018 - 7:47AM
InvestorsHub NewsWire
Phoenix, AZ -- March 19, 2018 -- InvestorsHub NewsWire -- No
Borders, Inc. (the “Company”), announces that it has completed a
reverse merger (the "Transaction") under which Lannister Holdings,
Inc. became a wholly owned subsidiary of No Borders, Inc.
(OTC-NBDR). The Transaction closed on March 8, 2018. The
Company's common shares trade on the OTC Markets under the ticker
symbol NBDR.
“We are excited and humbled to take the next steps of our
journey as a publicly traded company. This endeavor is the
culmination of years of work and as the beginning steps of our
future together we are thrilled to have stakeholders supporting our
mission to disrupt the real estate finance space with cutting edge
blockchain technology. Our team brings a unique blend of world
class technology, real estate investing, merger/acquisition,
digital strategy and strategic corporate development experience
together on this adventure and I want to personally thank every
member of the Lannister Team for the incredible dedication, long
nights and missed time with family that it took to get us here
today. #thankyou We have a lot of work ahead of us and one of the
first things to look for is for the company to be current with
financial reporting to the OTC in the next 30 days and we will
strive to keep both our shareholders and the public educated and
informed of our progress as we achieve milestones and grow this
company.” Joseph Snyder, President & CEO
About Lannister Holdings, Inc.
The goal is to build Lannister Holdings, Inc. into a financial
services platform that will revolutionize the way business is
transacted and secured in the real estate financial markets which
can be utilized by existing financial entities to originate their
loans and provide a more secure, transparent loan system for the
public. It will become a platform for connecting experienced real
estate investors with competitive loan structures while connecting
existing real estate lenders and investors with tools and
technologies to transact lending via blockchain smart
contracts.
Lannister Holdings, Inc. seeks to establish a strong physical
presence in the state of Arizona via a pro-community approach. It
will begin by partnering with local Arizona lending companies,
state and local officials, universities and vocational schools in
Arizona, and other blockchain-based companies.
Lannister Holdings, Inc.’s goal is regenerate scaled revenues
and strong company value growth by developing, owning and
delivering proprietary technology to the financial sector,
providing access to high return loans to the real estate investor
sector as well as providing blockchain development and strategy
services to outside partners and clients. It intends to use
the functionality of blockchain technology to facilitate mortgage
loans in a more digital and secure environment for real estate
investors, tenants, property managers and real estate note
purchasers. This can allow for technological superiority in
the real estate lending world, as well as burnishing the public
perceptions of blockchain security and trust in smart contract
lending. Lannister Holdings will soon replace the exhausting
step-by-step paper and pen approach lending professionals have
floundered within for years with its lending platform that will be
the next evolution in lending technology.
Lannister Holdings, Inc. realizes it carries the potential to
impact the process of real estate lending considerably in the
foreseeable future, disrupting the existing $2.3 Trillion Dollar US
Commercial Real Estate lending markets. Because of this
potential a major focus of the code development, testing and real
world deployment of Lannister Blockchain® technologies will be to
gain Intellectual Property protections and filings to maximize the
long term value of the company on behalf of all of our
Stakeholders.
Lannister Holdings, Inc. will work to enable real estate
investors to apply for and receive loans and facilitate security
and transparency within the lending process. Lending can become
decentralized with blockchain technology, which greatly reduces the
risk of hackers attempting to acquire confidential information from
a localized source. These technologies can impact and disrupt
multiple verticals inside the financial sector all on a platform
owned by and with technologies that will be Proprietary to
Lannister Holdings, Inc. Lannister Holdings, Inc. is prepared to
put in the work and effort that is needed to transform that
possibility into a radical new way of doing business in the finance
industry.
Forward-Looking Statement
This press release may include forward-looking information based
on current expectations. Actual results may differ from those
projected. The reader is cautioned not to place
undue dependence on any forward-looking information. Except
as required by law, the Company renounces any intention and accepts
no obligation to update any forward-looking statements, be it a
result of new information, future events or otherwise.
Furthermore, the Company assumes no obligation to comment on the
expectations of, or statements made by, third parties in respect of
the matters discussed above.
Contact: Kyle Kummerle –Investor Relations Email: contact@LannisterHoldings.com Website: www.LannisterHoldings.com
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