Sunset Capital Assets, Inc. (SSBN) Announces Advisory Relationship to Grow Scoot Mobile Money ("Scoot"), a Mobile Money Trans...

Jacksonville, FL / ACCESSWIRE / October 14, 2014 / Sunset Capital Assets, Inc., (OTC: SSBN), announced today that the Company has entered into an advisory relationship to facilitate the growth of Scoot Mobile Money ("Scoot"), a mobile money transfer service. Scoot creator Christopher Haigh has recently partnered with the Dakshidin Corporation (OTC: DKSC) to launch the product globally. Dakshidin acquired Scoot in July of 2014.

Scoot is a mobile application that allows any cell phone to be used for making direct money transfers through SMS text messaging without having to use a bank account. The Scoot platform can be made easily compatible with any store-value debit (prepaid) card and stored-value debit cards (MasterCard/Visa) are currently accepted at over 23 million merchants and ATMs in 210 countries. Users can simply purchase a reloadable stored-value debit card which will register them with Scoot and automatically link their cell phone number to that card. Scoot users can manage their card accounts and send money from one stored-value debit card to another using text messaging with their cell phone numbers as the unique identifier. Transferred funds can be immediately used by the recipient in the same way as any other debit card.

Christopher Haigh, the creator of Scoot, said, "It is inevitable that the phone will become the preferred method for doing financial transactions and Scoot is a powerful, simple to use method of financial management which uses the customer's phone to complete transactions. We believe it is the right time to partner with Sunset, with their One Sunset global network and expertise in helping entrepreneurs to take their businesses to the next level."

J. Bert Watson Jr., Chief Investment Officer, Sunset, added, "With a global unbanked population of over 2.5 billion and global remittances set to exceed half a trillion dollars in the near future, Scoot is a product with tremendous potential. Together with the Scoot team, we will strive to develop the best local expertise, maintain an international standard of technology, and increase Scoot's market share across our target markets."

About Sunset Capital Assets

Sunset Capital Assets, Inc. is a boutique, global investment and advisory firm headquartered in Jacksonville, FL and well capitalized with assets valued in excess of $500 million. Founded in 2012; the right combination of values, intellectual capital, and financial resources defines Sunset as a firm positioned for significant growth. Sunset takes a pioneering, consulting-based approach to corporate equity investing, partnering with management teams to build class-leading businesses and improve their operations. Since inception, the firm has extended this approach across asset classes and seeks to build one of the strongest organically grown alternative asset platforms in the world. Further information is available at www.sunsetcapitalassets.com.

This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Our forward-looking statements express our current expectations or forecasts of possible future results or events, including projections of future performance, statements of management's plans and objectives, future contracts, and forecasts of trends and other matters. Forward-looking statements speak only as of the date of this filing, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. You can identify these statements by the fact that they do not relate strictly to historic or current facts and often use words such as "anticipate", "estimate", "expect", "believe," "will likely result," "outlook," "project" and other words and expressions of similar meaning. No assurance can be given that the results in any forward-looking statements will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act. This release does not constitute a solicitation of any kind.

Contact:

Investor and Media Relations Contact
Jeffrey S. Betros
Sunset Capital Assets, Inc.
Tel: +1.904.436.6217
jbetros@sunsetcap.net

SOURCE: Sunset Capital Assets, Inc.

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