Business
New Wave Holdings, Inc.'s SchoolFuel(TM) Announces Expedited Path to Revenues With E-Commerce Platform for Non-Profits Everywhere
New Wave Holdings, Inc.'s SchoolFuel(TM) Announces Expedited Path to Revenues With E-Commerce Platform for Non-Profits Everywhere.
About this update from Pao Group, Inc.
[{"type":"text","content":"\n \n \n New Wave Holdings, Inc.'s SchoolFuel(TM) Announces Expedited Path to Revenues With E-Commerce Platform for Non-Profits Everywhere\n \n \nNew Wave Holdings, Inc.'s SchoolFuel(TM) Announces Expedited Path to Revenues With E-Commerce Platform for Non-Profits Everywhere\n \n FORT WAYNE, IN--(Marketwired - Jan 28, 2016) - New Wave Holdings, Inc. (OTC PINK: NWAV), an electronic #payment services and solutions company, announces today that SchoolFuel, a wholly owned subsidiary devoted to profitable fundraising programs and technology, is launching a branded mobile/online platform for web, iOS and Android, that provides organizations with a customized shopping portal for their supporters with over 300 million products from thousands of retailers including Sears, Macy's, Kohl's, Amazon.com, Office Max, PetCo, Target and more. \n A percentage of every purchase (between 1% and 40%) goes directly to the organization and the application features a 'Deals' section with valuable coupons, offers and additional rebates for users. The technology also allows SchoolFuel to add local retailers in each market to the platform, allowing for access to a wider, more loyal customer base and additional income streams for SchoolFuel. \n \"This will be impactful, without a doubt,\" states SchoolFuel co-founder Mark B. Newbauer. \"Shareholders and Management have been through a lot on our journey to identify, implement and launch the best possible program for non-profits in the form of socially responsible profits for the Company. This is it. We are making sacrifices each and every day to see this through and we've missed the mark on managed expectations in terms of timeframes, but we are confident this new development will far exceed income potential generated by the card alone and, further, shorten the distance and entry to market for us with just about any non-profit out there.\" \n Co-Founder Steve Devine states, \"We are partnering with a company that will provide the backend technology in a white-labeled interface designed specifically for SchoolFuel customers including schools, churches, club sports and just about any non-profit organization based in the U.S. This will not interfere with delivery and launch of the SchoolFuel debit card component and, further, the two will most likely complement each other in a big way.\"\n ...