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Stock impact report

OLB Group Chairman and CEO Issues Open Letter to Shareholders [Yahoo! Finance]

The OLB Group, Inc. (OLB) 
Company Research Source: Yahoo! Finance
cryptocurrency mining enterprise, issued an open Letter to Shareholders from Chairman and CEO of OLB Group, Ronny Yakov, providing a review of a challenging 2023 and anticipated milestones for 2024. Dear Shareholders, Starting on a positive note, our revenues going forward will reflect business from the recent acquisition of the bodegas/convenience store network portal, Black011.com, and the mobile brands Blackwireless.com and Mangomobile.com. OLB recently acquired the remaining 19.9% equity interest of Cuentas SDI, LLC and now owns 100% of Black011.com, which will be restructured and rebranded with additional OLB products and services. Currently we service 1,800 bodegas currently and expanding month to month. Starting by the end of the Third Quarter, we will be offering a variety of new products and services, pre-paid phone cards and credit cards to the owners of bodegas and convenience stores to their underbanked and unbanked customers. Additionally, we are launching the Afforda Show less Read more
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