CUV Ventures Corp. (TSX-V:
CUV
) (the “Company”) Vancouver, BC – (the
“Company”) is pleased to announce that it has signed a Letter of
Intent (“LOI”) on Friday 16th November 2018 with Nukondo® LLC to
incorporate RevoluPAY® into the Nukondo® iOS and Android app and,
the website, of the United States based company. The LOI also
outlines a proposed licensing agreement, under which CUV, or its
subsidiaries, may collaborate internationally with Nukondo® to
expand into international real-estate transactions. Both parties
have agreed on a maximum 60-day term to conclude the definitive
agreement (“DA”). Influential Deal maker, Mr. Ricardo Estrazulas,
joins the RevoluPAY Licensing Advisory Board. CEO, Steve Marshall,
attends the IMTC, International Money Transfers & Payments
Industry conference in Miami on November 14th.
About
Nukondo®
NUKONDO's Apple iOS and the Android app creates
a marketplace for the new condominium market. It provides a
platform for real estate developers and their master brokers to
keep information about their projects updated and accurate, all in
one place. It standardizes and distributes this information
globally so that buyers and their agents can gain access to these
projects; providing them with tools to decide which condominium is
most suited for their needs.
Jorge Brugo, NUKONDO Founder and CEO, commented:
“RevoluPAY®, as our payment hub for memberships and real estate
transactions, is a natural fit. As we expand internationally, speed
and ease of use are what NUKONDO users desire and, with RevoluPAY®
integrated, that will be the outcome”.
In collaboration with RevoluPAY®, NUKONDO®
intends to assist buyers with a paid subscription service for
additional services and, the financial coordination of real estate
transactions. NUKONDO® further intends to assist real estate
developers and, their agents, with a simple mechanism to receive
any manner of payments during the property purchase cycle. NUKONDO®
intends to assist brokers with an automated payment distribution
mechanism for timely commission and fee disbursements. The company
contemplates a dual synergy between RevoluFIN and, this nascent
RevoluPAY® division.
CEO, Steve Marshall, commented: “Amongst our
numerous RevoluPAY® verticals, we believe the real estate industry
is another enormous market. We look forward to working with Jorge
to integrate RevoluPAY® into NUKONDO and, aiding with international
expansion, by adding new property developments in the markets of;
Vancouver, Paris, Chicago, Barcelona and Madrid.”
Should a definitive agreement be signed,
longtime CUV advisor and, GRI, CIPS, CCIM certified real estate
professional, W. Patrick Murphy, will assist with NUKONDO
international expansion and, the entire vertical division
integration.
Ricardo Estrazulas Joins RevoluPAY
Licensing Advisory Board
CUV Ventures is delighted to have a person of
Ricardo’s notoriety join its advisory board. For more than 20
years, Ricardo Estrazulas has been one of the key advisors for
Paington Consulting and, is the founder and managing director of
the brokerage Nautilus International. Mr. Estrazulas has grown an
extensive network of influential and, high net worth investors and,
travels frequently throughout Latin American countries to visit
numerous long-standing and notable clients. He is fluent in six
languages: English, German, French, Italian, Portuguese and
Spanish. In a previous role, Ricardo worked as director of sales
for the Miami based developer and, sales and marketing firm,
Fortune Development Sales, managing promotion and development of
strategic partners throughout Mexico, Colombia, Venezuela, Brazil,
Argentina, Uruguay, Guatemala, Russia and more nations, netting
hundreds of millions in sales.
IMTC Conference Miami
With over 500 delegates from 70 countries, the
World IMTC (International Money Transfers & Payments Industry
Conference) in Miami, held between 13-16 November, brings together
market leaders in the industry, along with experts and
professionals. CUV Ventures CEO, Steve Marshall, presented
RevoluPAY® to multiple participants and, is currently preparing
numerous possible synergies for 80 supplementary countries.
About CUV Ventures Corp.:
CUV Ventures Corp. is a multi-asset,
multidivisional publicly traded Canadian company deploying advanced
technologies in the: Online Travel, Vacation Resort, Mobile Apps,
Money Remittance, Mobile phone top-ups, Invoice factoring,
Blockchain Systems, and Fintech app sectors.
Our flagship technology is RevoluPAY®, the Apple
and Android multinational leisure payments and remittance app,
powered by blockchain protocols, and aimed at the worldwide + $595
billion family remittance market. Click here to read more.
For further information on CUV Ventures Corp.
(TSX-V: CUV) visit the Company’s website at www.cuvventures.com.
The Company has approximately 123,200,000 shares issued and
outstanding.
CUV VENTURES CORP.
STEVE
MARSHALL______________________________Steve MarshallCEO
For further information contact myself or:Nick
FindlerCUV Ventures Corp.Telephone: 604-639-3850Toll Free:
800-567-8181Facsimile: 604-687-3119Email: info@cuvventures.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES
OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS 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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