SmartCard Marketing Systems Inc (OTC: SMKG) Closes 2nd Tranche of Financing for total of $670k USD

NEW YORK, NY, May 8, 2017 /PRNewswire/ - Today the company announced it successfully closed another tranche of $327k USD for a total of $670k USD with Primeline HK Ltd.

Massimo Barone CEO Stated "We are accelerating our growth strategy in the Fintech segment. Our partner strategy in several key emerging markets is very strong and continues to bring new Technology customers seeking expertise and a launching pad for payment rails, which is laying the foundation for our infrastructure in both Asia & India."

Company update:

The company also signed an engagment agreement with Maillie LLP as its Auditors, and has hired 4 new sales executives for the Transport, Restaurant & Hotel Property, Banking & Social-media Industries. 

We seek safe harbor

SOURCE SmartCard Marketing Systems Inc (SMKG)