Cuba Ventures Corp. (TSX-V:CUV) (OTCBB:MPSFF) (the
“Company”) is pleased to announce that the company’s CEO was
invited to Capitol Hill Washington DC by pro-Cuba congressman
Adriano Espaillat and Engage Cuba lobby group. Steve Marshall has
also appeared on multiple TV and Radio interviews over the last two
months, most notably with RT News, Uptick Newswire and NY1. The
travel division of the company also had a very strong month in
January, usually Cuba’s low season, of $260,000.
Monthly Sales in January
2017:
The Company booked over CDN
$260,000 in unaudited net sales for the month of
January 2017, which is a January-monthly record for
Travelucion. Net sales are calculated as
gross revenue less cancellations and refunds.
Tim Fernack, Cuba Ventures’ CFO stated: “This
year's sales show an increase of 15% of last January’s net booking
revenue of $232,748. Increased interest in Cuba, along with
heightened media attention surrounding the Company’s
Cuba-centric digital media platform including 432 websites focused
upon Cuba, is stimulating these increased revenues. Visitors to the
Company’s websites from the United States now represent 36.8% of
the approximately 37 million annual page views, up from 6% in
2014.”
Capitol Hill Washington DC - Congressman
Adriano Espaillat
Mr. Marshall was invited to Capitol Hill on
March 2nd to discuss business in Cuba and further opportunities for
new U.S companies wishing to follow; Google, Starwood Hotels,
Carnival Cruises, American Airlines, Jet Blue and, many other U.S
companies, are already present in Cuba. Cuba Ventures proposes to
work with the congressman’s office to formulate a proposal to take
business-focused constituents from the New York district of
Congressman Adriano Espaillat to Cuba later this year. The Cuba
Ventures business consulting unit will handle any introductions and
post-visit negotiations. The initial fact-finding trip hopes to
bring numerous businesses from New York to Cuba. The fact-finding
trip promises to be one of many future trips undertaken by
businesses looking to create commercial synergies with Cuba.
“Engage Cuba” pro-Cuba Business Lobby
Group - Capitol Hill Washington DC
Mr. Marshall was invited to the offices of
“Engage Cuba” (www.engagecuba.org) to discuss the opportunity of
assisting U.S businesses with their entrance into the Cuban Market.
The Engage Cuba Foundation (ECF) is a non-profit, non-partisan
organization affiliated with Engage Cuba, a leading coalition of
private companies and organizations working to end the
travel-and-trade embargo on Cuba in Washington, DC and around the
United States. ECF staff works on U.S.-Cuba policy research and
educational materials, as they organize policy seminars,
conferences, and leadership programs across the country. Mr.
Marshall, CEO of Cuba Ventures, offered his ongoing support to
assist “Engage Cuba” with its mission to increase dialogue between
the U.S Congress and businesses eager to capitalize on Cuba’s
growing economy.
Cuba Ventures in the Media
Cuba Ventures CEO Steve Marshall Interviewed on
RT news:
https://www.youtube.com/watch?v=AWGQzJbwiS8&t=10s
Cuba Ventures CEO Steve Marshall Interviewed on
NY1 New York (Espanol)
https://www.youtube.com/watch?v=seUbU45FWwo&t=2s
Cuba Ventures CEO Steve Marshall Interviewed on
Uptick News:
https://www.youtube.com/watch?v=C6ww5L7iM7k
Steve Marshall Keynote Speaker at the
Oxford Club event, Coral Gables Florida
One of the world’s most respected investment
groups, The Oxford Club, held a pre-departure event at the Biltmore
Hotel, Coral Gables, Florida on Feb 08 2017. The seminar consisted
of 35 of the club's members who were present to talk about the
increased opportunities presented by Cuba in the fast moving
commercial sector. The Members embarked upon a fact-finding trip to
Havana, Cuba on 09 Feb 2017. Steve Marshall, CEO of Cuba Ventures
Corp, offered insight into the rapidly expanding Cuban market.
Marshall, who has worked in Cuba-related businesses for two decades
and lived on the island for 12 years, shared his knowledge with
Club members and investors. Since the group's return from Cuba, Mr.
Marshall is following up with those members interested in taking
the next step via formal business proposals.
About Cuba Ventures Corp.:
Cuba Ventures Corp. is a publicly traded
Canadian company capitalizing on the growth and unique
opportunities in the USD $3.5 billion per year Cuban travel and
tourism industry. Travelucion, a wholly owned subsidiary, is a
digital media and marketing company which owns a vast portfolio of
Cuba related websites and online portals providing travel
information, featuring individual web assets for Cuba's popular
cities and towns, online booking solutions and online reservations
through proprietary software, catering to international visitors to
Cuba. Travelucion's online travel division is a duly licensed
retail travel supplier handling millions of dollars in sales
annually.
Travelucion's 432 Cuba focused multilingual
websites generate over 30 million page-views per year, directing
traffic to the company's online booking and e-commerce sites. These
online websites cover all facets of Cuba including over 80 travel
destinations, hotels & resorts, bed & breakfast, tours, car
rentals, restaurants, as well as Cuban culture, history, music,
celebrities, sports, medical treatments and more.
Travelucion's revenues have been rapidly growing
in the wake of the notable shift in American policy towards Cuba.
With diplomatic relations now opening up and restrictions on
qualified American travel to Cuba relaxed, the opening of the
multi-billion dollar travel market to the Caribbean nation is
becoming a reality. Travelucion's continued media dominance over
the past two decades has provided Cuba Ventures with a competitive
advantage in the burgeoning Cuba travel and online media space.
With the relaxing of rules for American travelers to Cuba and the
potential of further easing, growth and investment, opportunities
are on the rise in Cuba.
Cuba Ventures consulting division harnesses over
60 years of combined advisor experience in submitting and,
obtaining approval, for joint ventures, joint production
agreements, and import/export permits for foreign enterprises. More
recently the company has taken a royalty approach for future
agreements between third parties anxious to begin commercial
operations with Cuba and, the company’s Cuba Consulting Unit.
For further information on Cuba Ventures Corp.
(TSX-V:CUV) or Travelucion visit the Company’s website at
www.cubaventures.com or www.travelucion.com. Cuba Ventures Corp.
The Company has 72,412,487 shares issued and outstanding.
CUBA VENTURES CORP.
STEVE
MARSHALL______________________________Steve MarshallCEO
For further information contact myself or:Nick
FindlerCuba Ventures Corp.Telephone: 604-639-3850Toll Free:
800-567-8181Facsimile: 604-687-3119Email: info@cubaventures.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
This release includes certain statements that
may be deemed to be "forward-looking statements". All statements in
this release, other than statements of historical facts, that
address events or developments that management of the Company
expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, and actual results or
developments may differ materially from those in the
forward-looking statements. The Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should change. Factors
that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and
financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for
further information.
CUV Ventures (TSXV:CUV)
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