Urban Television Network Corp. (OTCMKTS: URBT) Taps Kimberly Douglas to Head Crypto Mining Operations

SANTA FE SPRINGS, Calif., August 9, 2021 (Newswire.com) - Urban Television Network Corp (stock symbol: URBT) is pleased to announce that it has tapped Kimberly Douglas to lead its crypto mining operations when it launches on November 1, 2021. Kimberly was chosen for this role due to her history in cryptocurrency mining, digital money advocacy, and participation in the larger community.

As part of the initial launch, with high-powered computer systems, mining under the watchful eyes of Ms. Douglas and her new team. These miners will mine Bitcoin and Ethereum exclusively and will be placed in strategic geographic locations with temperatures, humidity, and weather patterns that make it safe to mine and do not contribute negatively to our ecosystem.

Kimberly Douglas is an early adopter in the cryptocurrency space and an advocate for mass adoption, specifically in the push to bank the unbanked and bring them into the fold of the global economy. She recognizes the potential freedom that a decentralized system of value transfer can afford.

In 2015, she began her first coin mining operation, which launched her interest in fully understanding the industry. As such, she gained her certification in cryptocurrencies in 2018 from University of Nicosia under the tutelage of world-renowned expert, Andreas Antonopoulos.

Seeking to build blockchains and mine private coins, she proceeded to mine several different iterations independently. She has participated in multiple ICOs, IPOs and blockchain and mining conferences around the country. Ms. Douglas was an avid supporter of Mayor Francis Suarez's opening of The Miami Bitcoin Center in 2019, and she currently holds a position on the board of Bloktech Network, a Miami-based firm that builds smarter communities by facilitating cryptocurrency education and engaging in asset management.

Ms. Douglas comments, "It will be my pleasure to join forces with URBT as it breaks into the cryptocurrency markets. Digital assets are quickly becoming integrated into the existing framework of financial services, and it is critical we have the tools in place to provide our users, clients, and partners with solutions for their increasing digital needs."

CEO Joseph Collins, (@josephcollinsjr1 on IG) comments, "To generate greater value to shareholders, our management team underwent a thoughtful process of exploring, researching, studying, and discussing, with the board's support, to enter into the cryptocurrency mining business. We are excited to welcome Ms. Douglas. With her industry expertise, combined with our strategy for growth, she will lead our expansion into the cryptocurrency mining industry. We expect URBT will expand operations to include not just cryptocurrency mining but rig construction and maintenance."

SAFE HARBOR STATEMENT

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. To learn more about Urban Television Network (URBT), visit https://urbt.com.

Source: Urban TV Network