Long Island Iced Tea Corp. Currently has no actual businesses tied to blockchain.The company said it is in „preliminary“ discussions to buy a blockchain software developer working on infrastructure for the financial services industry, as well as a London based provider of foreign exchange services that is building blockchain and cryptocurrency technology solutions.Related: Overstock is turning into a bitcoin tech firmLong Island Iced Tea added that it „does not have an agreement with any of these entities for a transaction and there is no assurance that a definitive agreement with these, or any other entity, will be entered into or ultimately consummated.“In other words, Long Island Iced Tea Corp. Hopes to one day become a crypto powerhouse.But for now, it remains a tiny beverage company based in Farmingdale that reported total sales of just $1.6 million in its latest quarter and whose stock was down more than 40% this year before it decided to become a blockchain player.CNNMoney (New York) First published December 21, 2017: 1:10 PM ETContact UsClosed CaptioningSite MapMost stock quote data provided by BATS.
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