Gopher
(OTCQB: $GOPH) Board of Directors Forms Required Committees in Continued Effort
to Up-List
SANTA
MONICA, CA - August 10, 2018 (Investorideas.com Newswire) Gopher Protocol Inc.
(OTCQB: GOPH) ("Gopher"), a company
specializing in the creation of Internet of Things (IoT) and Artificial
Intelligence enabled mobile technologies, is gearing up its effort toward
up-listing on to a national exchange with the formation of its Audit, Compensation
and Governance Committee. The Board also adopted a Code of Ethics and Whistle
Blower Policy.
The
Audit Committee will be chaired by Muhammad R. Khilji, a CPA and an independent
director. The Compensation Committee will be chaired by Judit Nagypal, an
independent director. The Governance Committee will be chaired by Ambassador
Ned Siegel, an independent director.
Each
committee is populated by three members, which are all independent directors.
"I
am pleased that the Board took the steps to incorporate these required
committees and adopted certain policies which are the building blocks toward
potential up-listing. Our goal is to up-list on to a national exchange to
benefit the more than 10,000 shareholders base of our company," stated
Douglas Davis, the Company's Interim CEO.
About Gopher Protocol Inc.
Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher”) (http://gopherprotocol.com/) is a
development-stage company which consider itself Native IoT creator,
developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology.
Gopher has a portfolio of Intellectual Property that when commercialized
will include smart microchips, mobile application software and supporting cloud
software. The system contemplates the
creation of a global network. The core
of the system will be its advanced microchip technology that can be installed
in any mobile device worldwide. Gopher envisions this system as an internal,
private network between all enabled mobile devices providing shared processing,
advanced mobile database management/sharing and enhanced mobile features.
Forward-Looking
Statements
Certain statements contained in this press release may
constitute "forward-looking statements". Forward-looking
statements provide current expectations of future events based on certain
assumptions and include any statement that does not directly relate to any
historical or current fact. Actual results may differ materially from those
indicated by such forward-looking statements as a result of various important
factors as disclosed in our filings with the Securities and Exchange Commission
located at their website (http://www.sec.gov). In addition to these factors, actual future performance,
outcomes, and results may differ materially because of more general factors
including (without limitation) general industry and market conditions and
growth rates, economic conditions, governmental and public policy changes, the
Company’s ability to raise capital on acceptable terms, if at all, the
Company’s successful development of its products and the integration into its
existing products and the commercial acceptance of the Company’s
products. The forward-looking statements included in this press release
represent the Company's views as of the date of this press release and these
views could change. However, while the Company may elect to update these
forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These forward-looking
statements should not be relied upon as representing the Company's views as of
any date subsequent to the date of the press release.
Contact:
Gopher Protocol Inc
Douglas Davis, Interim CEO
VM Only 888-685-7336
Source: Gopher Protocol Inc,
Gopher Protocol,
Inc. (OTCQB:GOPH) is a featured tech stock on
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