Privileged World Travel Club, Inc. Signs Binding Letter of Intent With European Equity Funding Company for Capital Investment...
May 16 2014 - 8:15AM
Marketwired
Privileged World Travel Club, Inc. Signs Binding Letter of Intent
With European Equity Funding Company for Capital Investment of 3
Million Euro and Trading on European Stock Exchanges
TIBURON, CA--(Marketwired - May 16, 2014) - Privileged World
Travel Club, Inc. (OTCBB: PVCL) management announced today that it
has signed a binding letter of intent with PSV Equity Capital firm
of Stuttgart. The agreement is based on the following services to
be immediately fulfilled by PSV Equity Capital:
1. Provide Access to European Banks that can provide the
Company a Credit Line Facility. 2. Invest in the Company 3
Million Euro in the form of Equity Financing. 3. Help the
Company to file Dual listings on the Stuttgart - Germany, and
Stockholm - Sweden, Stock Exchanges in addition to the OTC Market
in the United States.
The above mentioned agreement will allow Privileged to start
implementing its business plan and launching the very lucrative
profit generating projects, right away.
Additional information on the Privileged specific projects will
be released to the shareholders at a later date.
"Management is very excited to establish the above mentioned
relationship and the signing of the agreement with PSV Equity
Capital that will provide the Company the opportunity to grow its
business quickly and successfully."
ABOUT PRIVILEGED. www.privilegedwtc.com The business of
Privileged is to provide exclusive travel services to persons
("Members") who elect to join the prestigious Privileged World
Travel Club (the "Privileged Travel Club") and international
travelers bound for the United States. Immediately after joining,
Members of the Privileged Travel Club can begin enjoying the
services their membership offers. The Company provides luxury
services with a high standard of value. Company management feels
that the prices offered by the club are reasonable and very
attainable by all Members to travel any time they wish. The Company
is specially focused to offer its Members luxury membership travel
products and services at specially discounted prices. The Company's
concept is to offer services to a larger audience and thereby
increase the reach to more markets.
FORWARD-LOOKING STATEMENTS This news release includes
forward-looking statements. While these statements are made to
convey to the public the company's progress, business opportunities
and growth prospects, readers are cautioned that such
forward-looking statements represent management's opinion. The
company's operations and business prospects are always subject to
risk and uncertainties. Triton disclaims any obligation or
intention to update any forward-looking statement.
Contact: Privileged World Travel Club, Inc.
info@privilegedwtc.com
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