DelphX To Present At LD Micro Main Event
CEO, Larry Fondren, Will Update Attendees on the Company's Diffusion Technology and How it Minimizes Credit Default Risk
NEW YORK, Nov. 30, 2018 /CNW/ -- DelphX Capital Markets Inc. (DELX.V) ("DelphX") is pleased to announce that it has been invited to present at the 11th annual LD Micro Main Event Investor Conference in Los Angeles, occurring on December 4-6 at the Luxe Sunset Boulevard hotel.
DelphX CEO, Larry Fondren will present on Tuesday, December 4th, at 2:00pm Pacific Time, and will participate in one-on-one meetings with institutional investors on December 4th and 5th. He will be describing how DelphX is employing its innovative Risk-Diffusion technology to globally provide credit investors a security-based alternative to credit default swap (CDS) contracts. The presentation will be webcast live and available for replay via the investor relations section of the company's website at https://www.delphx.com/.
To schedule a meeting, please contact your LD Micro representative. You can also schedule meetings through DelphX's investor contacts at MKR Group at [email protected].
About LD Micro:
Founded in 2006, the LD Micro is dedicated to delivering an independent resource in the microcap space, first and foremost as investors. What started as an investor newsletter highlighting unique companies has expanded to now encompass a number of influential annual events, including the LD Micro Invitational, Summit, and Main Event conferences. In 2015, LD Micro launched ldmicro.com as a portal for exclusive intraday reporting of information on the entire sector, including the first pure microcap index (LDMi) covering North American companies with market capitalization of $50-$300M.
About DelphX:
DelphX is a technology company focused on optimally mitigating credit risk in the global fixed income markets. Its Cloud-based solution employs proprietary distributed ledger technology, actuarial science and reinsurance protocols to facilitate broad diffusion of default risks. DelphX's new alternative trading system ("ATS") facility will be regulated by the SEC and operated by its subsidiary, DelphX Services Corporation, a FINRA member firm, to facilitate the negotiation, purchase and trading of its two new forms of Rule 144A securities:
- Covered Put Options (CPOs) that provide secured default protection for underlying corporate, municipal and sovereign securities, with each CPO strike-price equaling the par value of its underlying security; and
- Covered Reference Notes (CRNs) that allow investors to take on exposure to the default risk of a single underlying security or to optionally participate in a pool of diversified risks that broadly diffuses the impact of credit events among all participants.
All CPOs and CRNs will be issued by Quantem Capital Corporation ("Quantem"), a wholly-owned subsidiary of DelphX, and transparently administered within an immutable Distributed Ledger. A traditional book-entry record of each CPO and CRN will also be maintained in parallel by Quantem's issuing and paying agent to provide additional transparency and efficiency.
For more information about DelphX, please visit www.delphx.com.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, qualification or availability of an exemption under the securities laws of that jurisdiction.
Forward-Looking Statements
This news release contains certain "forward-looking statements" including, without limitation, statements regarding the launch of the DelphX market. Such forward-looking statements involve risks and uncertainties, both known and unknown. The results or events depicted in these forward-looking statements may differ materially from actual results or events. In addition to other factors and assumptions which may be identified herein, assumptions have been made regarding and are implicit in, among other things: the state of the capital markets, tax issues associated with doing business internationally, the ability of DelphX to successfully manage the risks inherent in pursuing business opportunities in the financial services and Blockchain industry, and the ability of DelphX to obtain qualified staff, equipment and services in a timely and cost-efficient manner to develop its business. Any forward-looking statement reflects information available to DelphX as of the date of this news release and, except as may be required by applicable securities laws, DelphX disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE DelphX Capital Markets Inc.
Larry E. Fondren, Founder & CEO, DelphX Capital Markets Inc., E: [email protected]; MKR Group Inc., Todd Kehrli or Mark Forney, Analyst/Investor Contact, (323) 468-2300, [email protected], http://www.DelphX.com
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