Meso Numismatics Concludes Due Diligence - Proceeds Forward with Green Pay Acquisition
September 12 2019 - 9:04AM
InvestorsHub NewsWire
Meso Numismatics Concludes Due Diligence – Proceeds Forward with
Green Pay Acquisition
LAS VEGAS, NV -- September 12, 2019 -- InvestorsHub NewsWire
-- Meso Numismatics, Inc. (“Meso Numismatics” or the
“Company”) (OTC: MSSV), a technology and numismatic company
specializing in the Meso Region, including Central America and the
Caribbean, announced today that the Company has preliminarily
completed the due diligence phase of the Green Pay acquisition and
are now ready to proceed with an audit of Green Pay to be performed
by our independent registered accounting firm.
“These past two months have been quite arduous, meeting with
Green Pay, their accounting and auditing team, our local, Costa
Rican counsel and accounting team and the third-party auditors,”
stated Melvin Pereira, President of Meso Numismatics, Inc. “I am
happy to report that we are pleased with the value and viability
Green Pay presents for our Company.”
According to management, the Company’s counsel will soon start
preparing the definitive purchase agreement for the Green Pay
acquisition. Thereafter, the Company is expected to issue shares of
its Preferred Stock as an initial payment for the acquisition.
Following that, the Company’s U.S. independent registered
accounting firm will begin to audit Green Pay’s financials,
preparing them to be included in the Company’s SEC filings at some
later date.
Pereira concluded, “This acquisition is so much more than just
adding Green Pay’s revenues to our books, this is about the
transitioning of Meso from a pure numismatic company with a single
numismatic app, to a technology Company that can integrate Green
Pay’s technologies into our operating business model as well as
resell throughout the Americas. Soon, we expect to own a large
payment processing system in Central America, as well as vastly
improving Meso’s own technology applications.”
As a reminder, Green Pay currently:
· Hosts 110
independent stores located around Central America;
· Processes
roughly $2.5M in monthly transactions among all of its users;
· Executes
approximately 500,000 transactions per month;
· Has about
400,000 monthly active users; and
· Has
approximately 650,000 registered credit cards representing multiple
payment institutions around Central America.
For more information, please
visit www.MesoNumismatics.com.
About Meso Numismatics, Inc.
Meso Numismatics is a technology and numismatic company
specializing in the Meso Region, including Central America and the
Caribbean. The Company has become the main hub for rare, exquisite,
and valuable inventory, not only from the Meso Region but also from
around the world. Meso is the only Company in the Central
American-Caribbean region that is an on-the-ground registered
dealer with the Numismatic Guaranty Company (NGC) and the Paper
Money Guaranty (PMG).
Meso Numismatics not only boasts a selection of rare inventory,
but the Company also has a specialized App for banknote
recognition, available on Google Play and the Apple App Store.
Meso Numismatics continues its partnership
with eBay (https://www.ebay.com/str/mesonumismatics). The
Company continues to partner with some of the largest auction
houses in the world for the sale of the Company’s rarer
inventory.
To view the Award-Winning PMG Set of Meso Numismatics, please
visit www.mesopmgset.com.
For more information, please
visit www.MesoNumismatics.com or call (800) 889-9509 for
personalized customer service.
Forward-Looking Statements:
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or involve discussions as to, expectations, beliefs, plans,
objectives, assumptions or future events or performance (often, but
not always, indicated through the use of words or phrases such as
"will likely result," "are expected to," "will continue," "is
anticipated," "estimated," "intends," "plans," "believes" and
"projects") may be forward-looking and may involve estimates and
uncertainties which could cause actual results to differ materially
from those expressed in the forward-looking statements. We caution
that the factors described herein could cause actual results to
differ materially from those expressed in any forward-looking
statements we make and that investors should not place undue
reliance on any such forward-looking statements. Further, any
forward-looking statement speaks only as of the date on which such
statement is made, and we undertake no obligation to update any
forward-looking statement to reflect events or circumstances after
the date on which such statement is made or to reflect the
occurrence of anticipated or unanticipated events or circumstances.
New factors emerge from time to time, and it is not possible for us
to predict all of such factors. Further, we cannot assess the
impact of each such factor on our results of operations or the
extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any
forward-looking statements. This press release is qualified in its
entirety by the cautionary statements and risk factor disclosure
contained in our Securities and Exchange Commission filings.
Investor/Media Contact:
Meso Numismatics
Customer Service
(800) 889-9509
info@mesocoins.com
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