Business
Sunset Capital Assets, Inc. (SSBN) Announces Joint Venture With the Dakshidin Corporation (DKSC)
Sunset Capital Assets, Inc. (SSBN) Announces Joint Venture With the Dakshidin Corporation (DKSC).
About this update from Dakshidin Corp.
[{"type":"text","content":"\n \n \n Sunset Capital Assets, Inc. (SSBN) Announces Joint Venture With the Dakshidin Corporation (DKSC)\n \n \nSunset Capital Assets, Inc. (SSBN) Announces Joint Venture With the Dakshidin Corporation (DKSC)\n \n JACKSONVILLE, FL--(Marketwired - Jan 13, 2015) - Sunset Capital Assets, Inc. (OTC: SSBN) announced today that the Company has entered into a Joint Venture Agreement with the Dakshidin Corporation (OTC: DKSC).\n \"We are thrilled that, with Sunset Capital onboard, we now have a partner with the background, skills and contacts to implement our technology on the highly regulated financial industry side of the equation,\" said Dakshidin CEO J. Mark Seaton. \"The pieces we need to make this venture successful are now falling into place. We are encouraged with the long term prospects for the company and its shareholders.\"\n Under the terms of the agreement, Dakshidin will deploy and manage its recently acquired technology platform that will allow the company to offer a wide variety of financial products and services including:\n \n \n A General Purpose Reloadable Debit Card (GPR -- a bank account on a card)\n \nScoot (Patented Mobile Money Transfer Service)*\n \nPayday advance\n \nMicro loans\n \nRemittances\n \n \n Bert Watson Jr., CIO of Sunset Capital Assets, stated, \"As a management team with over 75 years of banking and Investment Banking experience, we immediately understood the value and potential of the technology Dakshidin had acquired. We recognized the synergy between the two companies and will partner with Dakshidin to help deploy this technology and fully participate in this potentially very lucrative and exciting opportunity. We are looking forward to continuing to build upon this strong and fruitful relationship going forward.\"\n According to the terms of the joint venture, Sunset Capital Assets will serve in multiple capacities intended to facilitate a variety of business and financial opportunities. The group will tap its current business relationships, government contacts, and banking industry contacts to secure Investment Banking services to facilitate the launch of the joint venture. Sunset also announced that it intends to incorporate Dakshidin technologies into the international banking platform it is currently developing. \n In June of 2014 Dakshidin announced it had concluded its first strate...