New Wave Holdings, Inc. Chairman Retires 50,000,000 Shares
Toward Building Overall Shareholder Value
Las Vegas, NV October 6, 2015 New Wave Holdings, Inc. (OTC:
NWAV), an electronic payment services and solutions company
with a focus in developing innovative prepaid programs, is pleased
to announce that its Chairman and Interim CEO has retired
50,000,000 Outstanding shares to the Treasury in an effort to
support shareholder value as the Company nears launch for its
SchoolFuel GPR debit card program.
OTC Markets will be updated accordingly and the Resolution to
Retire has been posted toward overall accessibility for
shareholders.
FirstView Financial and SchoolFuel have teamed
up to launch the program nationally beginning with a focus in NE
Indiana. SchoolFuel is described as scrip on steroids, and
streamlines existing scrip provider platforms that, over the past
20 years, have seen over $9 billion in retail sales and nearly half
a billion dollars donated to schools.
SchoolFuel provides parents and faculty with a Network
Co-Branded Prepaid Reloadable Debit Card, allowing a donation to be
effected with each and every swipe of the card, regardless of where
it is used. The SchoolFuel card will also provide retailer
discounts and value-added benefits to its cardholders, making it a
one-of-a-kind tool.
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New Wave Holdings is a Holding Company focused in electronic
payment services and solutions with a focus in bringing innovative
prepaid programs to market. The company strives to be a leading
contender in the issuance of prepaid solutions and services that
are both highly marketable and with socially conscious
profitability.
SchoolFuel, LLC is a Company dedicated to innovative fundraising
solutions for schools, universities, club teams, churches and more!
Its inaugural program is a General Purpose Reloadable Debit Card
which uses a patent-pending process to effect donations for
consumer chosen non-profits.
FirstView Financial is a leading provider of financial, mobile
and payment technology solutions. FirstView provides innovative
payment solutions to help companies create new revenue streams,
reduce cost, increase security and improve efficiency. Over the
last decade FirstView has been delivering prepaid program
management and processing services supporting a diverse array of
prepaid card solutions. FirstView Mobile payment solutions allow
companies to capitalize on the dramatic shift to mobile
payments.
With decades of payment management experience, FirstView excels
at innovation in the high-growth electronic, prepaid and mobile
payment markets. FirstView provides turnkey prepaid debit card
program solutions enabling clients to enjoy all the benefits of
operating a fully custom prepaid program, without the compliance,
risk management, overhead and operational burdens associated with
entering the program management business directly. FirstView was
recently honored with two prestigious 2014 and two 2015 Paybefore
prepaid Industry Achievement Awards, including the award for our
core business of white labeling prepaid programs. FirstView was
recently honored with two prestigious 2014 PayBefore prepaid
Industry Achievement Awards. Providing innovative payment solutions
since 2005, the company is headquartered in Atlanta, GA.
Forward-Looking Statements
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Technical
complications, which may arise, could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The Company undertakes no duty to revise or update any
forward- looking statements to reflect events or circumstances
after the date of this release.
Contact Investor Relations
260-245-1173
info@newwaveholdings.con