USA Real Estate Holding Company (USTC) and AppSwarm, Inc. (SWRM) Sign LOI to Launch Bitcoin Mobile Wallet
14 November 2017 - 2:53PM
InvestorsHub NewsWire
Mississauga, Ontario -- November 14, 2017 -- InvestorsHub
NewsWire -- USA Real Estate Holding Co (OTC PINK: USTC) is pleased to
announce that the Company has entered into a Letter of Intent with
AppSwarm, Inc. (OTC
PINK: SWRM), a technology company specializing in the
accelerated development and publishing of mobile apps, for the
development of a smartphone based cash and Bitcoin mobile wallet.
Pursuant to the terms of the Agreement, USTC and SWRM will execute
a definitive agreement within 45 days from this letter of
Intent.
Mr. Bilal Shafi, CEO of USTC, stated, "The FinTech space
is growing and has the power to disrupt the way finances are
conducted globally. According to Tech Crunch, in 2017 $60 billion
worth of payments will be made on mobile platforms. By
2019, eMarketer estimates that the total value
of transactions made by tapping a phone on an in-store terminal
will reach $210 Billion, up from $8.7 Billion in 2015. By 2020, 90%
of smartphone users will have made a mobile payment."
He further added, "We are excited to partner with AppSwarm as they
have more than 30 years of experience of publishing mobile apps. We
believe the Company is now in a position to aggressively pursue
opportunities in FinTech and Cryptocurrencies."
“We are very excited to be working within this ever growing and
evolving space. The industry knowledge USA Real Estate Holding
brings to the table is very attractive to us. We look forward to a
long-term relationship with USTC. This is a great opportunity for
both companies, as it allows us to leverage one another’s strengths
and grow together,” stated AppSwarm CEO Ron Brewer.
ABOUT APP SWARM:
We develop and publish mobile gaming and business apps, with a
focus on accelerating the development of free to play mobile games
and fast-track them to market. We partner with game and business
developers through joint ventures, royalty agreements, marketing
partnerships, and outright purchases through our publicly traded
company on the OTC Markets, ticker SWRM.
For more information, visit us at www.app-swarm.com,
or follow us on facebook.com/AppSwarm or
Twitter twitter.com/AppSwarm
ABOUT USA REAL ESTATE HOLDING:
USA Real Estate Holding Company (OTCMKTS: USTC) is a public holding
company that targets acquisitions of undervalued, niche companies
with high growth potential, including real estate properties,
Fintech companies and other emerging digital technologies. For more
details visit us at www.usarealestateholding.com
Forward-Looking Statements:
This release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. All
forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events of future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluation such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks
and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.
Bilal Shafi, CEO | info@usarealestateholding.com |
Tel: 866-557-5745
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