Business
USA Real Estate Holding Co (OTC: USTC) Signs LOI to Acquire Waltrump Technology
USA Real Estate Holding Co (OTC: USTC) Signs LOI to Acquire Waltrump Technology.
About this update from Usa Real Estate Holding Co
[{"type":"text","content":"MISSISSAUGA, ON / ACCESSWIRE / October 4, 2017 / USA Real Estate Holding Company (OTC PINK: USTC) is pleased to announce that it has signed a Letter of Intent agreement to acquire 51% of Waltrump Technology, a software design and development Company, in an all-stock transaction. Waltrump Technology will merge into USTC as its subsidiary.\"We are very pleased to welcome Waltrump Technology to the USTC family. We believe this acquisition will add value to our shareholders while diversifying our portfolio of companies. We have appointed Vaibhav Sharma to our Advisory board, as he has professional experience and an established background in software design and development, systems integration, IT consulting, and project management. We believe his experience helps the Company to aggressively pursue opportunities in the emerging digital technology sector,\" stated CEO of USTC, Bilal Shafi.He further added, \"Waltrump Technology and their team of developers will develop a customized mobile app platform to facilitate money transfers as simple as sending a message. From this app the user can request and receive money from friends and family using a mobile phone number. It will work on Fiat currency and cryptocurrencies such as Bitcoin, Ether, etc.\"Key Features of the Application Faster, cheaper, safer way to transfer money Money Transfer direct to bank via swift payment Fast Delivery, Instant, or 1-hour transfers to other countries. Transparent process so users will always know where their money is. Safe and secure, will use same security which is used by Banks Services Available in 10 Languages Mobile app will use MasterCard SecureCode and Verified by Visa systems to ensure only valid orders are processed. Money back guarantee to all transaction Mobile Wallet that supports fiat and cryptocurrenciesVaibhav Sharma, CEO of Waltrump Technology, said, \"We're excited to have this opportunity to work with USTC's team as we continue to build personalized, world-class, mobile and web solutions on the market.\"ABOUT WALTRUMP TECHNOLOGY:Waltrump Technology is an established global custom software solution provider, headquartered in India. We provide application services, business consulting and outsource services to the global industries. Our application services include custom desktop applications, mobile-based applications, and web-based appli...