FastFunds Financial Corporation Announces Its Subsidiary Financiera Moderna Signs Agreement for Marketing and Acquisition of ...
November 12 2013 - 8:35AM
Marketwired
WEST PALM BEACH,
FL-(Marketwired - November 12, 2013) -
FastFunds Financial Corporation (OTCQB: FFFC) announced its
majority owned subsidiary, Financiera Moderna ("FM") and the
interested other parties have signed the definitive documents to
acquire an interest in a Spanish direct sales organization and a
Spanish branded real estate firm. FM previously announced on
October 10, 2013, the signing of a term sheet that would provide FM
the capability to market its developed products to the Spanish
speaking market place, and reported on the progress of this
agreement in its November 8, 2013 press release. Closing is
expected in the next five business days.
About FastFunds
Financial Corporation FastFunds Financial Corporation is a
holding company that is publicly traded on the Over-the-Counter QB
under the symbol "FFFC." The Company currently operates in the
financial services industry segment with a single credit card
services portfolio. The Company is currently seeking new business
opportunities to diversify and complement our current services and
products, enhance our technical capabilities and offer growth
opportunities for our stockholders.
FORWARD-LOOKING STATEMENTS This news release may include
"forward-looking statements" regarding FastFunds Financial
Corporation, and its subsidiaries, business and project plans. Such
forward-looking statements are within the meaning of Section 27A of
the Securities Act of 1933, as amended, and section 21E of the
United States Securities and Exchange Act of 1934, as amended, and
are intended to be covered by the safe harbor created by such
sections. Where FastFunds Financial Corporation expresses or
implies an expectation or belief as to future events or results,
such expectation or belief is believed to have a reasonable basis.
However, forward-looking statements are subject to risks,
uncertainties and other factors, which could cause actual results
to differ materially from future results expressed, projected or
implied by such forward-looking statements. FastFunds Financial
Corporation does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
For Further
Information contact:Henry FongChairman 561-514-9042