Sunset Capital Assets, Inc. (SSBN) Announces Advisory Relationship to Grow Scoot Mobile Money ("Scoot"), a Mobile Money Trans...
14 Ottobre 2014 - 3:00PM
Access Wire
Jacksonville, FL / ACCESSWIRE / October
14, 2014 / Sunset Capital Assets, Inc., (OTC: SSBN),
announced today that the Company has entered into an advisory
relationship to facilitate the growth of Scoot Mobile Money
("Scoot"), a mobile money transfer service. Scoot creator
Christopher Haigh has recently partnered with the Dakshidin
Corporation (OTC: DKSC) to launch the product globally. Dakshidin
acquired Scoot in July of 2014.
Scoot is a mobile application that allows any cell phone to be
used for making direct money transfers through SMS text messaging
without having to use a bank account. The Scoot platform can be
made easily compatible with any store-value debit (prepaid) card
and stored-value debit cards (MasterCard/Visa) are currently
accepted at over 23 million merchants and ATMs in 210 countries.
Users can simply purchase a reloadable stored-value debit card
which will register them with Scoot and automatically link their
cell phone number to that card. Scoot users can manage their card
accounts and send money from one stored-value debit card to another
using text messaging with their cell phone numbers as the unique
identifier. Transferred funds can be immediately used by the
recipient in the same way as any other debit card.
Christopher Haigh, the creator of Scoot, said, "It is inevitable
that the phone will become the preferred method for doing financial
transactions and Scoot is a powerful, simple to use method of
financial management which uses the customer's phone to complete
transactions. We believe it is the right time to partner with
Sunset, with their One Sunset global network and expertise in
helping entrepreneurs to take their businesses to the next
level."
J. Bert Watson Jr., Chief Investment Officer, Sunset, added,
"With a global unbanked population of over 2.5 billion and global
remittances set to exceed half a trillion dollars in the near
future, Scoot is a product with tremendous potential. Together with
the Scoot team, we will strive to develop the best local expertise,
maintain an international standard of technology, and increase
Scoot's market share across our target markets."
About Sunset Capital Assets
Sunset Capital Assets, Inc. is a boutique, global
investment and advisory firm headquartered in Jacksonville, FL and
well capitalized with assets valued in excess of $500 million.
Founded in 2012; the right combination of values, intellectual
capital, and financial resources defines Sunset as a firm
positioned for significant growth. Sunset takes a pioneering,
consulting-based approach to corporate equity
investing, partnering with management teams to build
class-leading businesses and improve their operations. Since
inception, the firm has extended this approach across asset classes
and seeks to build one of the strongest organically grown
alternative asset platforms in the world. Further information is
available at www.sunsetcapitalassets.com.
This press release includes forward-looking
statements intended to qualify for the safe harbor from liability
established by the Private Securities Litigation Reform Act of
1995. Our forward-looking statements express our current
expectations or forecasts of possible future results or events,
including projections of future performance, statements of
management's plans and objectives, future contracts, and forecasts
of trends and other matters. Forward-looking statements speak only
as of the date of this filing, and we undertake no obligation to
update or revise such statements to reflect new circumstances or
unanticipated events as they occur. You can identify these
statements by the fact that they do not relate strictly to historic
or current facts and often use words such as "anticipate",
"estimate", "expect", "believe," "will likely result," "outlook,"
"project" and other words and expressions of similar meaning. No
assurance can be given that the results in any forward-looking
statements will be achieved and actual results could be affected by
one or more factors, which could cause them to differ materially.
For these statements, we claim the protection of the safe harbor
for forward-looking statements contained in the Private Securities
Litigation Reform Act. This release does not constitute a
solicitation of any kind.
Contact:
Investor and Media Relations Contact
Jeffrey S. Betros
Sunset Capital Assets, Inc.
Tel: +1.904.436.6217
jbetros@sunsetcap.net
SOURCE: Sunset Capital Assets, Inc.
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