DPW Holdings’ SpyGlass Hill Capital Lending Corp. Announces Launch of MonthlyInterest.com Internet Investment Portal
September 24 2018 - 6:30AM
DPW Holdings, Inc. (NYSE American: DPW) (“DPW”), a diversified
holding company, today announced that its subsidiary, SpyGlass Hill
Capital Lending, Corp. launched MonthlyInterest.com, an online
portal that facilitates investments that pay monthly interest.
MonthlyInterest.com enables individuals to select the industry,
the length of the investment and the interest rate that best fits
their need, each of which pays interest monthly. The investments
may include real estate developments, specialized high-tech
manufacturing, commercial lending and other pecuniary projects.
“Our team is creating a win-win situation,” stated DPW’s CEO and
Chairman, Milton “Todd” Ault, III. “Main Street investors are being
offered a variety of investment opportunities, including an initial
offering through a perpetual preferred that pays 10% annualized
return paid monthly. We expect MonthlyInterest.com to serve as an
important source of private funding for DPW, its investment
portfolio and divisions as well as our subsidiary, Digital Power
Lending, LLC. Together, we continue to position for further
expansion in 2019 that will benefit of all DPW Holdings’
shareholders.”
Digital Power Lending, LLC is a wholly-owned subsidiary of
SpyGlass Hill Capital Lending Corp.
About MonthlyInterest.com
MonthlyInterest.com offers investments that pay monthly interest
or monthly dividends. Each of the offerings on MonthlyInterest.com
have different monthly interest rates depending upon the industry
segment in which the company operates and the length of the loan as
stated by the offering company. MonthlyInterest.com users have the
ability to select the offering in which they want to invest. To
find out more, please visit MonthlyInterest.com. For any questions,
please use the ‘message’ feature on the website, email at
info@monthlyinterest.com, or call 888-488-4231.
About Digital Power Lending
Digital Power Lending, LLC (“DPL”) is a California Finance
Lender (License No. 60 DBO-77905) that specializes in providing
capital financing for small businesses through innovative products
and services. DPL is a referral-based business seeking unique
opportunities to assist in the growth of dynamic companies with
operational experience and market accepted products and services.
DPL, a California limited liability company,
www.DigitalPowerLending.com is a wholly-owned subsidiary of
Spyglass Hill Capital Lending Corp., a Delaware Corporation.
Spyglass Hill Capital Lending Corp., www.SpyGlassHillCLC.com, is a
wholly-owned subsidiary of DPW Holdings, Inc.
About DPW Holdings, Inc.
DPW Holdings, Inc. is a diversified holding company pursuing
growth by acquiring undervalued businesses and disruptive
technologies with a global impact. Through its wholly owned
subsidiaries and strategic investments, the company provides
mission-critical products that support a diverse range of
industries, including defense/aerospace, industrial,
telecommunications, medical, crypto-mining, and textiles. In
addition, the company owns a select portfolio of commercial
hospitality properties and extends credit to select entrepreneurial
businesses through a licensed lending subsidiary. DPW Holdings,
Inc.’s headquarters is located at 201 Shipyard Way, Suite E,
Newport Beach, CA 92663; www.DPWHoldings.com.
Forward-Looking Statements
The foregoing release contains “forward looking statements”
within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. These forward-looking statements
generally include statements that are predictive in nature and
depend upon or refer to future events or conditions, and include
words such as “believes,” “plans,” “anticipates,” “projects,”
“estimates,” “expects,” “intends,” “strategy,” “future,”
“opportunity,” “may,” “will,” “should,” “could,” “potential,” or
similar expressions. Statements that are not historical facts are
forward-looking statements. Forward-looking statements are based on
current beliefs and assumptions that are subject to risks and
uncertainties. Forward-looking statements speak only as of the date
they are made, and the Company undertakes no obligation to update
any of them publicly in light of new information or future events.
Actual results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s filings with the U.S. Securities and Exchange Commission,
including, but not limited to, the Company’s Forms 10-K, 10-Q and
8-K. All filings are available at www.sec.com and on the Company’s
website at www.DPWHoldings.com.
Contacts:
Kirsten Chapman, LHA Investor Relations, 415.433.3777, dpwholdings@lhai.com
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