Recent SEC Filings
Recent NEWS & Press ReleaseS
- Carson Knuth Joins I-ON Digital Corp to Help Drive Advanced Tokenization and Digital Asset Solutions (11.15.24)
- I-ON Digital Corp Announces Strategic Asset Revaluation and Expansion Initiatives (11.07.24)
- I-ON Digital Corp. Announces Shareholder Update and Management Discussion (08.18.24)
- I-ON Digital Corp. Announces Delay in Annual Report Filing (04.15.24)
- I-ON Digital Corp. Announces Intent To Make Public Offering Of Gold Reserve-Backed Digital Tokens (01.24.24)
- I-ON Digital Corp. Acquires Controlling Interest in Orebits Corp. and Secures Significant Gold- Backed Digital Asset Holdings (12.18.23)
- I-ON Digital Corp. Enters into Agreement to Finalize Acquisition of Controlling Stake of Orebits Corp. and its Patented Gold-Digitization Technology (10.30.23)
- I-ON Digital Corp (OTC: IONI) enables a new era of gold mining and investing - VIDEO (08.28.23)
- I-ON Digital Corp. Discusses Acquisition of Orebits Corp. Parent Company and 2023 Chainlink Spring Hackathon Win with The Stock Day Podcast (07.11.23)
- I-ON Digital Corp. Onboards Gold-Backed ION.au onto Company's New Blockchain and Announces Agreement in Principle to Acquire Orebits Corp. Parent (06.28.23)
- I-ON and Instruxi Revolutionize Gold Digitization and Securitization at Chainlink Spring 2023 Hackathon (06.15.23)
- I-ON Digital Corp Builds Corporate Board to Launch Revolutionary Asset Digitization and Securitization Offerings (05.16.23)
- I-ON Digital Corp Pioneers the Next Generation of Gold Digitization and Securitization (05.09.23)
- I-ON Digital Corp Partners with Leading Technology Providers to Expand Workflow Automation, AI and Web3 Capabilities for Its Next-Generation Gold Digitization Ecosystem (04.03.23)
- I-ON Digital Corp CEO Carlos X. Montoya is Scheduled to Speak at The Secure Technology Alliance's 2023 U.S. Payments Summit in Salt Lake City (02.27.23)
- I-ON Digital Corp CEO Carlos X. Montoya is Scheduled to Speak at The Secure Technology Alliance's 2023 U.S. Payments Summit in Salt Lake City (02.27.23)
- I-ON Digital Corp to Showcase Critical Enhancement to its Gold-backed Digital Asset Ecosystem and Forthcoming Trust Framework at Upcoming Industry Events (02.21.23)
- I-ON Digital Corp Announces Organizational Change in Leadership (02.06.23)
- I-ON Digital Corp Announces Organizational Change in Leadership (02.06.23)
- ALL NEWS & PRESS RELEASES
Carson Knuth Joins I-ON Digital Corp to Help Drive Advanced Tokenization and Digital Asset Solutions
Industry veteran brings expertise in blockchain and web3 tokenization strategies to the forefront of I-ON Digital’s industry-changing Digital Asset Solutions.
I-ON Digital Corp. (OTC: IONI) (“I-ON” or the “Company”), a market leader in gold and precious metals digitization and tokenization, as well as digital asset banking innovation, proudly welcomes Carson Knuth to its management team. A leader in blockchain-based product innovation and digital asset tokenization, Knuth’s expertise will help drive I-ON’s mission to revolutionize and transform real-world (RWA) asset digitization (in alignment with the Company’s primary emphasis on gold and precious metal tokenization). His addition further positions I-ON to set new compliance standards in digital product offerings and related service platform distribution, further elevating I-ON’s emerging status among first-tier regional banks and financial institutions.
With an extensive background in emergent blockchain technology, Knuth’s expertise in advanced tokenization frameworks will bring additional focus on bridging traditional financial services with the new efficiencies inherent in digital asset platforms. At I-ON, he will help lead the Company’s innovative approach to the digital economy, focusing on scalable tokenization strategies that enable secure, efficient, and regulatory-compliant transactions in the sale, transfer, and delivery of gold-backed digital securities through regulated digital asset exchanges, financial institution platforms, and digital banking ecosystems.
“I am thrilled to join I-ON at such a pivotal moment in the evolution of asset digitization and help further propel I-ON’s leadership in gold and precious metal tokenization,” said Knuth. “The Company’s bold vision and commitment to innovation in digital asset banking solutions align perfectly with the rapidly growing demand for transactional blockchain technology. Together, we intend to develop secure and scalable gateways for asset distribution and management and will work to establish new standards for the rapidly expanding digital marketplace.”
Knuth’s expertise adds material depth to I-ON’s groundbreaking gold-backed digital solutions, enhancing the impact of its cutting-edge Digital Banking Platform-as-a-Service (PasS) tailored for tier-1 banks and financial institutions. I-ON’s gold digitization platform redefines asset-backed securities by transforming verified in-situ gold reserves into digital securities without the need for invasive mining activities. This eco-conscious innovation not only safeguards environmental resources but also unlocks unprecedented liquidity channels, empowering investors and institutions to tap into new, sustainable and highly scalable financial ecosystems.
“We are pleased to welcome Carson to the I-ON team,” said I-ON CEO Carlos X. Montoya. “His exceptional expertise and notable achievements in digital assets and tokenization solutions align seamlessly with our strategic goals. Carson’s proven track record in driving value through innovative digital asset-based liquidity solutions and his extensive network within the financial institutions industry will open exciting new pathways for our asset tokenization initiatives. With his leadership, we are poised to elevate the market acceptance of our flagship digital security, ION.au, advancing our mission to make ION.au and our complimentary Platform-as-a-Service delivery channels more accessible and impactful.”
Montoya added, “The timing couldn’t be better, as our ION.au gold-backed digital asset, continues to gain traction with investors seeking the reliability of gold-backed assets absent the logistical challenges of physical gold ownership. We are uniquely positioned—validated through recent transactional achievements—to help investors diversify with a trusted digital asset. This is an exciting step forward as we continue to define how gold-backed securities are perceived and utilized in the modern financial landscape.”
About I-ON Digital Corp
I-ON Digital Corp specializes in the digitization of real-world assets (RWA), with a primary focus on gold and other mineral asset reserves, providing cutting-edge solutions for asset tokenization and Digital Banking Platform-as-a-Service. By merging blockchain innovation with comprehensive financial products, I-ON empowers organizations to seamlessly engage with the digital economy. For more information, visit www.iondigitalcorp.com.
Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements associated with the expected ability of the Company to undertake certain activities and accomplish certain goals and objectives. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks associated with the process of developing and commercializing its products. These and other risks concerning the Company and its financial position are described in additional detail in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Media Contact
Oktane Media • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp Announces Strategic Asset Revaluation and Expansion Initiatives
I-ON Digital Corp (“I-ON” or the “Company”), a leader in real world asset (RWA) digitization and tokenization solutions, announced several strategic initiatives as part of its preparation for an up listing to a new exchange. These initiatives include revaluing its digital asset portfolio, expanding its acquisition of in-situ and unrefined gold reserve claims and enhancing its digital asset platform-as-a-service (PaaS) offerings for medium-sized and regional banks.
Revaluation of I-ON’s Digital Asset Portfolio
In line with the Company’s commitment to transparency and market-based asset valuation, I-ON is undertaking a thorough revaluation of its digital asset holdings, including its ION.au gold-backed digital securities. This revaluation will reflect the price realization against the current market value and reflect the future growth potential of these assets, providing a solid foundation for the company’s financial standing as it prepares for the up-listing.
Accelerated Acquisition of Gold Claims
I-ON is intensifying its efforts to digitize and tokenize in-situ gold claims and unrefined gold reserves. By increasing the velocity of these initiatives, the Company aims to expand its asset base and offer innovative investment opportunities through the use of pledged and hypothecated gold-backed securities. This initiative not only enhances the Company’s portfolio, but also offers stakeholders secure and efficient access to further appreciation and returns through the institutional deployment of the Company’s ION.au digital assets.
Expansion of Digital Asset Services
About I-ON Digital Corp
I-ON Digital Corp (OTC: IONI) is a leading innovator in gold, precious metals, and RWA (real-world asset) digitization, tokenization and digital banking solutions. Our services are engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of gold reserve ownership into secure, asset-backed digital securities. This process brings liquidity and accepted value to a wide array of asset classes. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements associated with the expected ability of the Company to undertake certain activities and accomplish certain goals and objectives. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks associated with the process of developing and commercializing its products. These and other risks concerning the Company and its financial position are described in additional detail in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Media Contact
Oktane Media • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp. Announces Shareholder Update and Management Discussion
I-ON Digital Corp. (the “Company”) (OTCQB: IONI), a leading innovator in gold, precious metals, and RWA (real-world asset) digitization, tokenization and digital banking solutions, is pleased to announce the scheduling of a Shareholder Update and Management Discussion on Friday, September 20, 2024, at 5:00PM EDT (2:00PM PDT).
The discussion will provide shareholders with an opportunity to hear directly from the Company’s executive team about the 2023 and 2024 year-to-date financial results and as reported in the Company’s recent filings with the U.S. Securities and Exchange Commission (“SEC”) and further updates on the Company’s strategic direction for the balance of 2024 and 2025.
“We are looking forward to discussing the Company’s financial results and sharing our strategic vision with our shareholders,” said Carlos X. Montoya, CEO of I-ON Digital Corp. “Our company has made significant progress in advancing our asset digitization and tokenization solutions, and we look forward to discussing our achievements and future plans with our valued shareholders.”
Shareholders are encouraged to review the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, along with 2024 quarterly reports for the first and second quarters which are available on the SEC’s website and on the company’s investor relations page at https://iondigitalcorp.com/. To participate in the shareholder discussion, please follow this link https://iondigitalcorp.com/ion-digital-corp-investor-relations/.
About I-ON Digital Corp
I-ON Digital Corp (OTC: IONI) is a leading innovator in gold, precious metals, and RWA (real-world asset) digitization, tokenization and digital banking solutions. Our services are engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of gold reserve ownership into secure, asset-backed digital securities. This process brings liquidity and accepted value to a wide array of asset classes. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements associated with the expected ability of the Company to undertake certain activities and accomplish certain goals and objectives. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks associated with the process of developing and commercializing its products. These and other risks concerning the Company and its financial position are described in additional detail in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Media Contact
Oktane Media • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp. Announces Delay in Annual Report Filing
About I-ON Digital Corp
I-ON Digital Corp (OTC: IONI) is a leading-edge provider of asset-digitization and securitization solutions engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of ownership, in accordance with a rigorous onboarding and acceptance process, into secure, asset-backed digital certificates that bring liquidity and accepted value to a wide-array of asset classes.
I-ON develops, acquires, and deploys a portfolio of novel and patented next-generation technologies that have been integrated and engineered into a comprehensive ecosystem built on a zero-trust, hybrid blockchain architecture that utilizes state-of-the-art smart contracts and sophisticated workflow management AI technologies to digitize ownership records of recoverable gold, precious metal, and mineral reserves into digital certificates that facilitate wealth transfer through new asset-backed financial instruments and asset classes that provide reserve owners and investors a new channel to maximize portfolio liquidity.
By offering services associated with asset digitization and securitization, and by licensing the Company’s expanding intellectual property portfolio, I-ON is able to generate revenue through transaction fees while actively growing innovative platforms beneficial for next-generation transactional models. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements associated with the expected ability of the Company to undertake certain activities and accomplish certain goals and objectives. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks associated with the process of developing and commercializing its products. These and other risks concerning the Company and its financial position are described in additional detail in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Media Contact
Oktane Media • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp. Announces Intent To Make Public Offering Of Gold Reserve-Backed Digital Tokens
I-ON Digital Corp. (“I-ON” or the “Company”; OTC: IONI), a leading innovator in the digitization of in situ gold reserves, today announced that it intends to launch a Digital Banker-in-a-Box platform-as-a-service (PaaS) designed to help Regional and Community Banks bridge the gap between legacy technology platforms and the secure, compliant management of tokenized real-world assets (RWAs). Leveraging their expertise in RWA tokenization, including their flagship gold-backed digital asset, ION.au, the company aims to serve as an unparalleled industry resource for banks looking to navigate the acceptance, onboarding, compliance, and financial accounting challenges associated with an ever-increasing range of tokenized assets.
I-ON’s closely held portfolio of gold-backed digital assets, supported by independent proof-of-reserves (POF) technology on the company’s proprietary Hybrid Blockchain platform, positions I-ON as a market leader in RWA tokenization. With a track record of innovation and digital asset product development strategies, the company believes it can empower financial institutions, from a technology standpoint, to securely engage in buying, selling, trading, transferring, settling, and providing custodial services for tokenized assets. In support of the strategic initiative, I-ON has started recruiting a proven and skilled team of banking professionals to spearhead the program with a focus on serving Regional and Community Banks.
According to I-ON CEO Carlos Montoya, “The primary goal of this enterprise initiative is to position I-ON’s core-technology platform as a provider of the ‘essential railway’ and point of entry for tokenized asset recognition, acceptance, and seamless functionality. Our client institutions will be able to leverage I-ON’s unique, IP-based digitization architecture to bridge legacy banking and tokenized asset ecosystems.” Montoya added, “At its core level, our goal is to introduce, facilitate, and execute the industry-wide potential of enterprise-level digital asset acceptance, accountability, custody, and reporting, all within an institutional-level compliance framework.”
The company plans to issue licensing agreements, provide conversion and installation support, and further provide for collateral, hypothecation, custodial services, and credit syndication modules. Other features will include customized report-writing services for bank clientele, investors, management, and regulatory agencies.
Building on its successful track record, today, the company also announced its intention to conduct a public offering of digital tokens representing an interest in unmined, in situ proven gold reserves, with a target amount of up to $100 million. The offering is set to begin in the second quarter of 2024.
This Notice does not constitute an offer to sell the digital tokens or any securities. Such offer will be made only by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.
About I-ON Digital Corp
I-ON Digital Corp is a leading-edge provider of asset-digitization and securitization solutions engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of ownership, in accordance with a rigorous onboarding and acceptance process, into secure, asset-backed digital certificates that bring liquidity and accepted value to a wide-array of asset classes.
I-ON develops, acquires, and deploys a portfolio of novel and patented next-generation technologies that have been integrated and engineered into a comprehensive ecosystem built on a zero-trust, hybrid blockchain architecture that utilizes state-of-the-art smart contracts and sophisticated workflow management AI technologies to digitize ownership records of recoverable gold, precious metal, and mineral reserves into digital certificates that facilitate wealth transfer through new asset-backed financial instruments and asset classes that provide reserve owners and investors a new channel to maximize portfolio liquidity.
By offering services associated with asset digitization and securitization, and by licensing the Company’s expanding intellectual property portfolio, I-ON is able to generate revenue through transaction fees while actively growing innovative platforms beneficial for next-generation transactional models. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements associated with the expected ability of the Company to undertake certain activities and accomplish certain goals and objectives. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “believes,” “anticipates,” “plans,” “expects,” “intends,” “will,” “goal,” “potential” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks associated with the process of developing and commercializing its products. These and other risks concerning the Company and its financial position are described in additional detail in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Media Contact
Oktane Media • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp. Acquires Controlling Interest in Orebits Corp. and Secures Significant Gold-Backed Digital Asset Holdings
I-ON Digital Corp. (OTC: IONI) (“I-ON Digital” or the “Company”) announced the completion of its previously announced Contribution and Exchange Agreement with Orebits Acquisition Group, LLC (“OAG”), by which I-ON Digital has acquired a controlling interest in Orebits Corp. (“Orebits”), along with Orebits’ gold digitization patent portfolio, trademarks, brand marks, and core intellectual property. As part of this transaction, I-ON Digital will assume control over the Orebits digital platform and 9,700 Orebits.au gold-backed digital assets in exchange for Series C Preferred Shares in I-ON Digital. The Company estimates that the transaction will add approximately $18.2 million in shareholder equity to I-ON’s balance sheet.
I-ON Digital is at the forefront of institutional-level asset digitization, tokenization, and securitization. The Company’s focus is on tangible mineral assets like proven gold and other precious metals reserves. The Company recently added a SaaS platform that will allow banks, broker-dealers and other financial intermediaries to onboard an institutional-level platform further facilitating receipt, management, and reporting in the arena of digital assets. The Company is dedicated to offering innovative solutions that bring tangible value to the banking, financial technology and mineral asset industries.
Employing proprietary means, the Company will immediately convert the 9,700 Orebits.au into I-ON’s own gold-backed digital securities, referred to commercially as ION.au. By leveraging its internally developed and acquired patent & intellectual property portfolio, the Company aims to enhance the underlying value of these digital securities. Having validated internal applications for institutional-level asset digitization and treatment, the Company looks to renew its focus on the acquisition of US-based gold and other mineral asset claims. With the addition of an estimated $18.2 million in shareholder equity, the Company believes that it will be able to offer a broader variety of digital asset–based financial instruments to an expanding list of product and service offerings.
“We are extremely excited to announce the completion of this transaction and can’t wait to deploy increased shareholder equity to further expand and enhance our asset digitization offerings in the marketplace,” shared Ken Park, Director and Chief Marketing Officer of I-ON Digital Corp. “This transaction builds on the technological progress we’ve made this year and will greatly enhance our go-to-market strategies while expanding our product and service offerings along the way.”
About I-ON Digital Corp
I-ON Digital Corp (OTC: IONI) is a leading-edge provider of asset-digitization and securitization solutions engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of ownership, in accordance with a rigorous onboarding and acceptance process, into secure, asset-backed digital certificates that bring liquidity and accepted value to a wide-array of asset classes.
I-ON develops, acquires, and deploys a portfolio of novel and patented next-generation technologies that have been integrated and engineered into a comprehensive ecosystem built on a zero-trust, hybrid blockchain architecture that utilizes state-of-the-art smart contracts and sophisticated workflow management AI technologies to digitize ownership records of recoverable gold, precious metal, and mineral reserves into digital certificates that facilitate wealth transfer through new asset-backed financial instruments and asset classes that provide reserve owners and investors a new channel to maximize portfolio liquidity.
By offering services associated with asset digitization and securitization, and by licensing the Company’s expanding intellectual property portfolio, I-ON is able to generate revenue through transaction fees while actively growing innovative platforms beneficial for next-generation transactional models. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Oktane Media • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp. Enters into Agreement to Finalize Acquisition of Controlling Stake of Orebits Corp. and its Patented Gold-Digitization Technology
I-ON Digital Corp. (OTC: IONI), a pioneering force in institutional-level asset digitization and securitization solutions, proudly announced a significant milestone. Today, the Company has entered into a Contribution and Exchange Agreement with Orebits Acquisition Group, LLC to acquire 910,000 shares of common stock of Orebits Corp. (“Orebits”), representing a controlling interest in Orebits. The Company currently anticipates that the transaction, subject to closing conditions, will close effective with the end of the fourth quarter of 2023.
By virtue of its controlling stake in Orebits, I-ON will acquire a controlling stake in Orebits’s patented gold-digitization technologies. With the Contribution and Exchange Agreement, the Company gains ownership of approximately 9,700 Orebits.AU gold-backed digital securities, which will be seamlessly converted into ION.au: I-ON’s proprietary digital asset class. The consummation of the Contribution and Exchange Agreement will, by extension, put the Company in position to further leverage its recently completed secure hybrid blockchain platform and, further, advance the Company’s vision and propel the future of digitized assets. The Company onboarded an initial block of gold-backed digital assets in the second quarter of 2023. As enhanced by the Company’s hybrid blockchain platform and related workflow management, the Company estimates the transaction to be valued at approximately $18 million. The actual value of the transaction may vary depending on market conditions and the results of a year-end audit.
The Contribution and Exchange Agreement further propels I-ON’s overall strategy to revolutionize the way physical gold, precious metal, and mineral claims are converted into digital assets and asset-backed securities allowing claim holders to monetize and leverage their in-situ (in ground) and unrefined reserves. I-ON’s innovative asset-digitization platform, which utilizes next-generation hybrid blockchain technologies together with state-of-the-art smart contracts and advanced workflow management AI, allows mineral and precious metal reserves to be digitized into secure asset-backed securities that provide reserve owners and peripheral investors with new financial channels to maximize liquidity without requiring them to physically remove these assets from the ground, thus protecting the environment and revolutionizing the mining industry as a whole.
“We believe that this acquisition is a significant milestone for our company,” said Ken Park, I-ON’s Chief Marketing Officer and Director. “In addition to increasing our balance sheet, this transaction will finalize the acquisition of a controlling interest in Orebits Corp., which was at the forefront of mineral asset digitization over 5 years ago, along with its patented technologies and assets, adding substantial value to the Company and our shareholders, while moving us closer to our ultimate goal of becoming the leading provider of asset digitization and securitization in this emerging industry.”
Management expects that the expanded portfolio of I-ON.au will expand the market acceptance of the Company’s asset-backed digital securities, representing the emergence of entirely new financial instrument class that can be leveraged for financing, collateralization, and/or the hypothecated use within a wide range of ESG-friendly bond offerings. With ION.au, claim holders, investors, and the precious metals industry can take advantage of an entirely new range of financial opportunities from their in-situ and unrefined gold, precious metal, and mineral reserves.
The transaction represents a huge step forward in the Company’s pursuit to become the leading provider of cutting-edge asset digitization solutions and provide greater financial opportunities for both claim holders and investors alike, through the digitization and securitization of gold, precious metals, and minerals reserves, and the cultivation of other next-generation technology-driven asset-backed financial instruments.
About I-ON Digital Corp
I-ON Digital Corp (OTC: IONI) is a leading-edge provider of asset-digitization and securitization solutions engineered to provide a secure, fast, transparent, and institutional-grade ecosystem that digitizes documentary evidence of ownership, in accordance with a rigorous onboarding and acceptance process, into secure, asset-backed digital certificates that bring liquidity and accepted value to a wide-array of asset classes.
I-ON develops, acquires, and deploys a portfolio of novel and patented next-generation technologies that have been integrated and engineered into a comprehensive ecosystem built on a zero-trust, hybrid blockchain architecture that utilizes state-of-the-art smart contracts and sophisticated workflow management AI technologies to digitize ownership records of recoverable gold, precious metal, and mineral reserves into digital certificates that facilitate wealth transfer through new asset-backed financial instruments and asset classes that provide reserve owners and investors a new channel to maximize portfolio liquidity.
By offering services associated with asset digitization and securitization, and by licensing the Company’s expanding intellectual property portfolio, I-ON is able to generate revenue through transaction fees while actively growing innovative platforms beneficial for next-generation transactional models. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Oktane Media • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp (OTC: IONI) enables a new era of gold mining and investing
ESG strategy allows gold claim owners to monetize their unrefined gold reserves without removing them from the world's most secure vault - Mother Earth
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Ken Park • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp. Discusses Acquisition of Orebits Corp. Parent Company and 2023 Chainlink Spring Hackathon Win with The Stock Day Podcast
Phoenix, Arizona– The Stock Day Podcast welcomed I-ON Digital Corp. (OTC Pink: IONI) (“the Company”), a leader in the development of next-generation gold, precious metal, and illiquid asset digitization and securitization ecosystems that allow for institutional-grade trading and financial hypothecation on a secure, lightening fast hybrid blockchain infrastructure. CEO of the Company, Carlos Montoya, joined Stock Day host Kevin Davis.
Davis began the interview by asking about the Company’s background and current projects. “I-ON Digital is a digital solutions company developing cutting edge technology platforms for digital assets, primarily in the financial services and health care sectors,” shared Montoya.
“How would you characterize the Company’s progress to date towards its goals to develop a next-generation asset digitization and securitization ecosystem, specifically targeting the monetization of in situ gold?” asked Davis. “We can now demonstrate the existence of the asset, as well as the ability to move the asset at an institutional level based on state-of-the-art technology,” said Montoya before elaborating on the Company’s recent announcement detailing their agreement to acquire the parent company to Orebits Corp.
“What is the strategy associated with the legacy format?” asked Davis. Montoya shared his vision for the next-generation of banking, which involves creating institutional-level ecosystems with transparent assets. “With the speed and efficiency of blockchain it allows us to utilize a significant amount of data and move it with efficiency, including proof of reserves and proof of work,” said Montoya. “We have some of those early legacy ambitions,” he added. “Our goal was to solve for pillars including, full transparency as a security and independent custody for reporting.”
“We look to completing the Orebits Corp. acquisition to basically have all of that legacy in our quiver,” continued Montoya. “You could argue that the transaction also comes with our service bureau platform, MCM, or our banking services platform, Tall Ship Partners,” he explained. “All of those companies are ultimately being merged in and licensed to I-On Digtial.”
The conversations then turned to the Company’s status as one of the 2023 Chainlink Spring Hackathon winners for the Space and Time Data category. “This gives us validation at the top-level from the Web3 and technology community that our approach is considered to be stellar,” said Montoya. “When it comes down to it, data integrity is critical in any financial asset.”
To close the interview, Montoya encouraged listeners and shareholders to keep up-to-date on the Company’s updates and current projects as they continue to revolutionize the digital payments industry.
To hear Carlos Montoya’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/8333190-i-on-digital-corp-discusses-acquisition-of-orebits-corp-parent-company-and-2023-chainlink-sprin.
Investors Hangout is a proud sponsor of “Stock Day,” and Stock Day Media encourages listeners to visit the company’s message board at https://investorshangout.com/.
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/173068
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Ken Park • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp. ONBOARDS gold-backed ION.au onTO company's NEW BLOCKCHAIN and Announces Agreement in Principle to Acquire OREBITS CORP. PARENT
Chicago, Illinois, Arizona — I-ON Digital Corp. (OTC: IONI) today announced an agreement in principle to purchase all of the outstanding membership interests of Orebits Acquisition Group, LLC, which is the majority stockholder of Orebits Corp. This agreement marks a significant step toward the digitization and securitization of gold and other asset classes by restructuring and onboarding a recently purchased pool of legacy Orebits Gold-Backed Digital Assets onto I-ON‘s new hybrid blockchain, effectively converting the legacy Orebits.AU format into the ION.au, the Company’s next-generation digital security format. I-ON anticipates that the subject transaction, following requisite notifications and approvals, will close during the third quarter of 2023.
The executive team at I-ON played a key role in developing the digital asset ecosystem for Orebits.AU. During the time when blockchain and smart contract technology were emerging, they achieved several notable firsts in the market. By transferring a portion of Orebits.AU from a private distributed ledger to I-ON‘s cutting-edge hybrid blockchain, the Company converted them into ION.au. I-ON will add them as holdings on its balance sheet.
“This accomplishment represents another successful step along the path that we defined upon acquiring a majority stake in I-ON Digital Corp.” shared I-ON CEO Carlos X. Montoya, “As one can expect future owners or holders of I-ON.au digital securities to do, it allows us to expand our financial options and leverage the asset value to strengthen our capital position.”
With I-ON‘s new asset digitization and securitization ecosystem, the Company seeks to reflect and redefine regulatory compliance across the emerging asset digitization marketplace, from tracking to settlement, and provide greater access to compliant trading services for institutional investors in a secure, trusted environment.
I-ON’s innovative business model will allow claim holders to monetize in situ gold (in-ground or unrefined gold) by converting their fully validated gold claims into secure and efficient gold-backed securities, offering liquidity without extracting, mining, or smelting the gold. The resulting asset-backed digital securities will provide a global custody interface and help establish new standards for independent financial and transactional reporting for various digital asset classes.
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Ken Park • IR@iondigitalcorp.com • (866) 440-2278
I-ON and Instruxi Revolutionize Gold Digitization and Securitization at Chainlink Spring 2023 Hackathon
UK-based web3 development partner features I-ON Digital Corp's "fractional ownership of unrefined gold claims" framework at prestigious Hackathon event.
Chicago, Illinois — I-ON Digital Corp. (OTC: IONI) was recently chosen by UK-based development partner Instruxi Limited as the focal point for its submission in this year’s prestigious Chainlink Spring 2023 Hackathon, choosing I-ON‘s “fractional ownership of unrefined gold claims” framework to showcase a real-world commercial example of leveraging state-of-the-art blockchain and distributed data warehousing technologies to disrupt and evolve the conventional gold and precious metals marketplace.
I-ON’s business model will allow claim holders to monetize in situ gold (in-ground or unrefined gold) by converting their fully validated gold claims into secure and efficient gold-backed securities, offering liquidity without extracting, mining, or smelting the gold. The team at I-ON pioneered this model several years back by achieving groundbreaking advances in the institutional acceptance of asset-backed digital securities by establishing a global custody interface and creating standards for independent financial and transactional reporting backed by expert legal opinion. Their efforts helped launch the then-nascent asset digitization marketplace while addressing the relative needs of investors, institutional partners, and regulators alike.
To build on these accomplishments, I-ON turned to Instruxi to craft a technical approach to digitizing gold reserves by tokenizing them, utilizing state-of-the-art blockchain and Smart Contract technology, then converting them into digital securities that enable institutional investors to buy fractionalized ownership of gold claims, at the “proven reserves” level, through ERC20 tokens.
“Five years ago, we set out to change the gold and precious metals marketplace by creating a regulatory-compliant digital asset ecosystem that would allow gold claim holders to monetize unrefined but proven Gold Reserves,” shared I-ON CEO Carlos X. Montoya. “To build on a series of ‘firsts’ that we initially achieved, including meeting the requirements of larger institutions and other US and global tier-one intermediaries, we asked the team at Instruxi and their collaborative partners to help us scale and optimize our ecosystem to provide secure movement, transfer, settlement and, where applicable, hypothecation of our asset-backed digital securities. Together, what we’ve created is significant.”
This resulting gold tokenization process represents a groundbreaking innovation in the traditional gold and precious metals marketplace, enabling claim holders to unlock the value of their proven reserves while minimizing the environmental impact and cost of conventional forms of gold mining, including strip mining and other forms of extraction. I-ON‘s partnership with Instruxi showcases the power and potential of integrating best-in-class emerging DeFi technologies to drive meaningful commercial change in the precious metals and commodities industry.
“To enable I-ON’s vision, we needed to create a secure, robust, and hyper-scalable infrastructure that could support asset digitization and tokenization so we could fractionalize the ownership of gold and other assets.” explains Instruxi CTO Austin Przybysz, “Smart contracts, Chainlink‘s secure communication, and Space and Time‘s decentralized data warehouses allowed us to deliver the advanced auditing capabilities, scalability, and robust security that I-ON required for their institutional-grade framework.”
Through its development partnership with Instruxi, I-ON is pioneering the future of asset-backed securities and the trading and hypothecation of fractionalized gold ownership and other emerging digitized asset classes. Their collaborative effort lays the foundation for a more accessible, trust-driven, and compliant financial ecosystem that could play an integral role in shaping the future of decentralized finance, tokenized assets, and digital securities. All while providing a more sustainable and environmentally friendly way to monetize precious metal reserves without damaging or destroying Mother Earth.
More information about the Chainlink Spring 2023 Hackathon can be found at https://chain.link/hackathon. More details about I-ON and Instruxi‘s Hackathon submission can be found at https://devpost.com/software/instruxi.
About Instruxi Limited.
Instruxi is a web 3.0 company focused on helping clients with hyper-scale data availability. Instruxi enables secure and universal data sharing, facilitating clients’ analytics and AI projects and building apps and dApps. The Company has accomplished this through tokenizing data and our unique distributed data protocol, Proof of Policy. In addition, Instruxi offers a data mesh toolkit called Neutrino Mesh and builds validator infrastructure to support this offering on private blockchains. By deploying our solutions, enterprises can seamlessly connect web 2.0 and 3.0 technologies, enabling universal data access and participation in the emerging data economy. Additional information is available at https://instruxi.io.
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Ken Park • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp Builds Corporate Board to Launch Revolutionary Asset Digitization and Securitization Offerings
With the addition of these three industry veterans, I-ON has successfully added extensive executive experience in corporate governance, business development, investment banking, M&A, financial services regulation, direct sales, digital marketing, and emerging technology solutions. Each of the board appointees is well-positioned to leverage his unique expertise to help I-ON navigate complex regulatory frameworks worldwide as it seeks to become a global leader in gold digitization and gold-backed securities worldwide, providing a highly secure environment for digital asset trading and settlement.
“I-ON is proud to have these three thought leaders and proven executives join our Board at this important and equally exciting go-to-market moment for our company,” announced I-ON Digital Corp CEO Carlos X. Montoya. “Each brings a record of innovation, expansive multi-industry contacts, and a passion for building what may ultimately be viewed as the world’s most secure and dominant gold digitization and mineral asset-backed securitization platforms to the marketplace.”
Mr. Hoffman is a highly experienced and successful financial transaction connoisseur, having spent over 30 years in the business finance world. He has worked with many distinguished companies, such as HH&A, IHRS, Dubrow Kavanaugh Capital, Ashford Capital, Galen Capital Corp., and Drawbridge Special Opportunities and Assets Fund. With his adept knowledge of creating and executing sophisticated transactions for technology, healthcare, entertainment, and energy industries and business finance/management degrees from UCLA and Pepperdine University, Mr. Hoffman represents an invaluable asset to I-ON‘s Board.
Mr. Aust, a business veteran with two decades of experience in venture capital and energy solutions, is fueled by an unparalleled passion for bringing integrated solutions to the global financial markets. He has raised over $100 million in venture capital for a variety of businesses across multiple industries, including Video Home Shopping Network, Vision Quest, and 2Extreme Sports – taking them public through successful IPOs. Mr. Aust’s prolific career benefits from his early collegiate and professional basketball experience, which instilled in him a commitment to team collaboration and intuitive problem-solving as a driver for business growth. With his diverse, far-reaching list of influential contacts within the gold mining, hi-tech energy, and sports and entertainment industries and his expertise in direct sales, M&A, marketing, and technology strategy, Mr. Aust is a multi-faceted addition to I-ON‘s Board. Mr. Aust played Division 1 basketball for Pepperdine and Southern Oregon University and graduated from Southern Oregon University.
Mr. Ken Park is an inspirational digital marketing visionary with a 25-year track record of delivering leading-edge digital strategies to major consumer brands, such as Adobe, Atlantic Records, Grey Healthcare, and the NHL, among many others. He possesses a deep passion for disruptive innovation technologies and innovative business approaches. He founded two action sports companies in his early twenties. He earned acclaim as a world-ranked professional skateboarder, traveling the world as an ambassador for this sport in the late 80s and early 90s. He also launched HyperCD®, a patented technology that delivered encrypted, HD video streaming over low-speed internet connections before the proliferation of broadband. In addition to his success with Oktane Media, Mr. Park led marketing and helped launch the world’s first gold digitization company, Orebits, LLC. As a celebrated thought leader, Mr. Park was featured alongside Guy Kawasaki, Christos Cotsakos, and Anita Roddick in “Entrepreneurial Marketing: Real Stories & Survival Strategies.” During his globetrotting skateboarding career, Mr. Park earned his degree at San Diego State University and remains an authoritative voice in today’s marketing technology industry.
“I have always believed in the vision and potential of digitizing in situ gold. If one considers the environmental impact of mining, all the better that the gold remains in the ground.” shares Mr. Park, “But what makes I-ON unique is the incredible talents and passion of our growing executive team and the world-class technologies that are being brought together and employed to build this truly revolutionary platform.”
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Ken Park • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp Pioneers the Next Generation of Gold Digitization and Securitization
Newsfile Corp
05/09/2023
Chicago, Illinois — I-ON Digital (OTC Pink: IONI) is proud to announce that it is now in beta development of its next-generation gold digitization and securitization ecosystem due to a technology partnership with Instruxi Ltd. and Space and Time Labs, Inc. I-ON’s hybrid blockchain asset digitization solution has the potential to revolutionize the gold market and make it much easier for investors to participate directly in the lucrative gold industry.
The beta platform is currently under development and is expected to launch in the third quarter of 2023. When launched, I-ON will enable claim holders to digitize and monetize their claims while allowing institutional investors to purchase the value of those claims via digital tokens backed by a pool of in situ (in the ground), unrefined, and physical gold. The system will also provide users with real-time pricing data and reporting, ensuring secure and transparent market transactions.
The method and system for tokenizing gold claims and unrefined gold tokens enable the monetization of proven gold claims without the capital expense and environmental impact of traditional mining. I-ON’s digitization and asset securitization ecosystem will also provide claim holders and junior mining companies with an entirely new way to finance their mining operations and market their gold more transparently and with reduced risk.
“We are excited to be working with the best-in-class technology and innovation of Instruxi and Space and Time on our newest ecosystem,” said I-ON Digital CEO Carlos X. Montoya. “We believe our asset digitization and securitization process will revolutionize the precious metals marketplace by making it easier and safer than ever for investors to buy, sell and trade digital gold securely on our regulatory compliant rails.”
The unique hybrid blockchain technology and innovative protocols revolutionize how unrefined gold is bought, sold, transferred, traded, and hypothecated. I-ON’s ecosystem makes the marketplace more transparent, accessible, and efficient while allowing the gold, subject to I-ON’s perfected lien interest, to be safely stored in institutional vaults or remain in the world’s most secure vault, Mother Earth.
“This project represents a major opportunity for us,” said Instruxi CEO Mathew Harrowing. “By partnering with I-ON Digital Corp, we can leverage our experience building secure and compliant financial blockchain solutions that are both easy-to-use, transparent, and provide superior end-to-end security and reporting for each transaction.”
Space And Time CEO Nate Holiday echoed Harrowing’s sentiment: “This is a revolutionary project that commercializes and will take advantage of all of the incredible capabilities of our Decentralized Data Warehouse platform,” he said. “We look forward to helping build a world-class ecosystem that will transform how people worldwide access investment opportunities in digital gold.”
As a result of I-ON’s ecosystem, a much broader range of investors can now partake in the ownership of gold, fostering economic growth and development in regions where gold reserves are plentiful but difficult to access, mine, and convert into market-ready bullion. Furthermore, the enhanced transparency and security offered by the Company’s regulatory-compliant process increases investor confidence and reduces instances of fraud, benefiting investors and the gold industry.
I-ON Digital’s partnership with Instruxi and Space and Time marks an important milestone for its mission of making the digitization of gold and gold-backed digital securities accessible across the range of US and global marketplaces. With its next-generation ecosystem, I-ON Digital Corp is transforming how people interact with gold and other precious metals and making investing in assets like gold more efficient, secure, and reliable than ever before.
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Ken Park • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp Partners with Leading Technology Providers to Expand Workflow Automation, AI and Web3 Capabilities for Its Next-Generation Gold Digitization Ecosystem
Newsfile Corp
04/04/2023
Chicago, Illinois — I-ON Digital Corp (OTC Pink: IONI) announced two strategic partnership agreements designed to aggressively expand the capabilities of the Company’s gold digitization and asset-back security ecosystem.
I-ON entered into a development and Channel Partner Reseller relationship with Nodalium, Inc. to utilize and resell the Company’s Enterprise Workflow/Intelligent Automation Platform featuring Digital Trust integration and its “viaNode” platform. These enabling business process management and workflow automation platforms use integrated identity and access management to elevate data-reliant operational processes’ adaptability, efficiency, and security. Nodalium’s Adaptive Case Management (ACM) capabilities excel in navigating complex, non-linear, and ever-changing workflows, transforming challenges into efficiencies that drive growth. In addition, Nodalium uses intelligent automation, AI-driven decision management, and advanced real-time analytics to streamline workflow automation by, reducing errors, improving decision-making, and enhanced customer experiences.
“We are incredibly excited to be working with the talented team and leading-edge technologies that drive Nodalium’s workflow automation suite,” said I-ON CEO Carlos X. Montoya. “Their thought leadership and innovation is second to none, and their trusted leadership position inside of healthcare will bring even greater performance durability, accountability, and transparency to our asset-backed digital security ecosystem.”
I-ON also solidified a key relationship with UK-based Instruxi Limited, who specializes in developing hybrid Web 2.0 and 3.0 applications for enterprises to deliver enhanced security, distributed data efficiencies, and immutable user consent for privacy capabilities and asset tracking. I-ON will utilize Instruxi’s proven track record in asset digitization to expand and improve its institutional-grade digital banking ecosystem. Instruxi’s “Intent and Consent” framework provides users with greater transparency and control over their data, building greater trust and confidence in each transaction while enforcing consent at a granular level. In addition, Instruxi’s advanced “Proof-of-Policy” protocols enable organizations to share data more quickly and efficiently without compromising security or privacy, thus reducing the risk of data breaches and other security threats that have plagued other digital currency platforms.
“With Instruxi, I-ON can offer a scalable, secure and ethical data management platform which will enable accurate tracking and distribution of assets and associated data,” shared Instruxi’s CEO Mathew Harrowing, “providing I-ON with a more secure and scalable asset digitization framework that will track and ensure custody, compliance, and accuracy in every transaction.”
As demonstrated by its highly assertive technology acquisition and partnering strategies, I-ON solidifies its commitment to enhancing the world’s first regulatory-compliant and institutional-grade gold digitization ecosystem into the fastest, most secure, and most transparent asset-backed digital asset ecosystem and next-generation digital banking platform in the market today.
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Ken Park • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp CEO Carlos X. Montoya is Scheduled to Speak at The Secure Technology Alliance's 2023 U.S. Payments Summit in Salt Lake City
Newsfile Corp
02/28/2023
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
About the U.S. Payments Forum
The U.S. Payments Forum is a cross-industry body that brings stakeholders together on neutral ground to enable efficient, timely, and effective implementation of emerging and existing payment technologies. This is achieved through education, guidance, and alternative paths to adoption. The Forum is the only non-profit organization whose membership includes the whole payments ecosystem, ensuring that all stakeholders have the opportunity to coordinate, cooperate and have a voice in the future of the U.S. payments industry. The organization operates within the Secure Technology Alliance, an association that encompasses all aspects of secure digital technologies.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Ken Park • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp to Showcase Critical Enhancements to Its Gold-Backed Digital Asset Ecosystem and Forthcoming Trust Framework at Upcoming Industry Events
I-ON Digital Corp CEO, Carlos X. Montoya, is set to attend Mines and Money Miami Investor Conference and the U.S. Payments Forum in Salt Lake City.
Newsfile Corp
02/21/2023
Chicago, Illinois — I-ON Digital Corp (OTCQB: IONI) is proud to announce that its new management team will attend a series of industry events over the next several weeks with the goal of introducing new enhancements to the industry’s first institutional-level Gold-Backed Digital Asset Ecosystem, as well as the Company’s upcoming launch of its ION Digital Trust Framework inside the financial services and healthcare industries.
The first event on I-ON’s schedule is the strategic Mines and Money Investor Conference, occurring February 23-24 in Miami, Florida. This event is designed to help investors identify investment opportunities and gain insights into current market trends, focusing on metals and mining. I-ON will showcase groundbreaking enhancements being made to the original Gold-Backed Digital Asset Ecosystem Mr. Montoya engineered in early 2017. The Company expects that I-ON’s gold digitization process will allow investments in gold-backed digital securities backed by unrefined gold reserves held in the planet’s most secure vault – Mother Earth.
“We’ve been very heavily focused on expanding what had originally been developed by our initial team members at MCM and Tall Ship Partners Fund in 2017 when we launched the world’s first institutional-level ecosystem,” said I-ON Digital Corp CEO Carlos X. Montoya. “With the introduction of ION’s Digital Trust Framework, we will look to add precious metals to our digitization process. We expect to enhance proof of reserve protocols, strengthen independent financial custody, expand tier-one client and investor reporting, and streamline account management using Blockchain and Smart Contract technologies.”
Following this event, I-ON will be attending U.S. Payments Forum on February 27-March 2 in Salt Lake City, Utah. This conference focuses on payment solutions and trends within the financial services industry. During this time, the ION team will highlight their Trust Framework technology, which utilizes blockchain technology and workflow automation to create an immutable audit trail for payment transactions while maintaining customer identity, privacy, and data security standards required by law.
“The ION Trust Framework was engineered to further protect consumer identity, facilitate secure and compliant wealth transfer, and strengthen individual data sovereignty protection as a top priority,” said Montoya. “The concept of Distributed Trust is an essential and much-needed solution for financial and data transactions worldwide to ensure compliance with emerging international identity, consent, and transmission standards, and we believe it has great potential not only in the traditional finance sector but also in other industries such as healthcare.”
These two upcoming events offer an exciting opportunity for I-ON to demonstrate its technological capabilities further and strengthen relationships with its industry partners worldwide.
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
About Mines and Money
Mines and Money is the leading international event series connecting sophisticated investors worldwide with mining company management teams online and in person. With an unrivaled network of thousands of international investors, our events are the place where professional investors meet exciting explorers on the cusp of the next big discovery, near-production development companies, and cash-generative producers to discuss their next big mining investment.
Senior management teams of mining companies can connect with institutional and private investors worldwide at Mines and Money events. Our online meetings platform will help you to schedule lucrative meetings so you can provide project updates, share presentations, and discuss with pre-qualified investors why they should invest in your Company.
About the U.S. Payments Forum
The U.S. Payments Forum is a cross-industry body that brings stakeholders together on neutral ground to enable efficient, timely, and effective implementation of emerging and existing payment technologies. This is achieved through education, guidance, and alternative paths to adoption. The Forum is the only non-profit organization whose membership includes the whole payments ecosystem, ensuring that all stakeholders have the opportunity to coordinate, cooperate and have a voice in the future of the U.S. payments industry. The organization operates within the Secure Technology Alliance, an association that encompasses all aspects of secure digital technologies.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.
Media Contact
Ken Park • IR@iondigitalcorp.com • (866) 440-2278
I-ON Digital Corp Announces Organizational Change in Leadership
Architect of the World's First Gold Digitization Ecosystem ready to revolutionize the precious metals marketplace
Newsfile Corp
02/06/2023
About I-ON Digital Corp
I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/.
Forward-Looking Statements
This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words “may,” “would,” “could,” “will,” “intend,” “look to,” plan,” “anticipate,” “believe,” “estimate,” “expect,” “seek,” “potential,” “outlook,” and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON’s current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law.