Mota Ventures Indications LOI to Obtain Ecommerce Platform Leader Unified Funding, LLC, Which Created $96.5 m in Consumer Deals in 2019

Mota Ventures Indications LOI to Obtain Ecommerce Platform Leader Unified Funding, LLC, Which Created $96.5 m in Consumer Deals in 2019

MOTA.CN)(FSE:1WZ:GR)(OTC PINK:PEMTF) (the “Company“) is excited to announce it has entered into a Letter of Intent (the “LOI“) dated May 21, 2020, to evaluate the acquisition (the “Proposed Transaction“) of Unified Funding, LLC (“Unified“). Since inception in 2015, Unified has generated a database of over one million customers and has facilitated over Cdn$375,000,000 in consumer transactions. Powered by its proprietary technology platform, Unified has created an eCommerce ecosystem to scale its brands and achieve profitability targets through data analysis, strategic customer acquisition and supply chain management. Founded by partners with more than a decade of eCommerce and technology experience, Unified has rapidly grown into a formidable business focused on aggressive expansion in the natural health products market. Unified’s diverse platform generates revenue from; licensing, marketing and product fulfillment fees supporting brands in skin care, essential oils, men’s health, weight management and CBD including MOTA’s recently audited Nature’s Exclusive brand. Figures presented in this news release were translated from US dollars into Canadian dollars using the Bank of Canada closing exchange rate on May 22, 2020 of US$1.00:Cdn$1.3892.” data-reactid=”12″ type=”text”>

MOTA.CN)( FSE:1 WZ: GR)( OTC PINK: PEMTF) ( the “ Company“) is excited to reveal it has participated in a Letter of Intent (the “ LOI“) outdated May 21, 2020, to assess the acquisition (the “ Proposed Deal“) of Unified Funding, LLC (“ Unified“). Considering that inception in 2015, Unified has created a database of over one million clients and has actually facilitated over Cdn$375,000,000 in customer transactions. Powered by its proprietary innovation platform, Unified has actually created an eCommerce community to scale its brand names and accomplish success targets through data analysis, strategic consumer acquisition and supply chain management. Established by partners with more than a decade of eCommerce and technology experience, Unified has actually rapidly turned into a powerful service concentrated on aggressive growth in the natural health products market. Unified’s diverse platform generates income from; licensing, marketing and item fulfillment charges supporting brand names in skin care, important oils, guys’s health, weight management and CBD consisting of MOTA’s recently audited Nature’s Special brand name. Figures provided in this news release were equated from United States dollars into Canadian dollars utilizing the Bank of Canada closing currency exchange rate on May 22, 2020 of US$ 1.00: Cdn$ 1.3892″ data-reactid=”12″ type=” text”> VANCOUVER, BC/ ACCESSWIRE/ May23,2020/ Mota Ventures Corp.(MOTA.CN) (FSE:1 WZ: GR)( OTC PINK: PEMTF)(the” Company” )is excited to announce it has actually entered into a Letter of Intent( the” LOI“) outdated May21, 2020, to examine the acquisition( the” Proposed Deal” )of Unified Financing, LLC(“ Unified“). Considering that inception in2015, Unified has created a database of over one million consumers and has actually facilitated over Cdn $375,000,000 in consumer transactions. Powered by its proprietary technology platform, Unified has actually produced an eCommerce community to scale its brands and achieve success targets through information analysis, strategic customer acquisition and supply chain management. Established by partners with more than a decade of eCommerce and innovation experience, Unified has actually rapidly grown into a formidable company focused on aggressive growth in the natural health products market. Unified’s diverse platform creates earnings from; licensing, marketing and item fulfillment costs supporting brand names in skin care, vital oils, males’s health, weight management and CBD consisting of MOTA’s just recently examined Nature’s Special brand name. Figures provided in this news release were translated from US dollars into Canadian dollars using the Bank of Canada closing exchange rate on Might22,2020 of US$ 1.00: Cdn $ 1.3892

“A transaction with Unified is another step forward in our growth as a global eCommerce company. This is the platform and personnel needed for MOTA to launch and grow brands, such as Nature’s Exclusive, which we acquired from Unified in January of2020 Unified has established a comprehensive eCommerce platform that is ideally fit for the natural health items sector. Integration of their platform and the workers to run it will permit us to quickly deploy new products and expand into new natural health item segments and markets,” stated Ryan Hoggan, CEO of the Company.

Beyond Unified’s extensive eCommerce technology platform, their services assist brand names with introducing and scaling consumer acquisition strategies. Through a worldwide network of media partners, Unified is able to carefully keep track of market patterns to assist product innovation and marketing strategies that yield rewarding outcomes.

” We have developed a really extensive eCommerce platform with a team of information analysis, tactical client acquisition and supply chain management professionals that has actually been shown effective for quick growth of natural health brand names. We are enthusiastic that a deal with Mota will enable our group to utilize our abilities to expand into extra worldwide markets, produce brand-new natural health brand names and reach more consumers. Mota’s access to capital markets to raise development capital to buy consumer acquisition will provide us a distinct benefit to rapidly scale, diversify and broaden into new high growth product offerings,” specified Kevin Keranen, Chairman of Unified.

Readers are cautioned that the LOI participated in with Unified does not set forth the terms of the Proposed Transaction, nor have such terms been settled. Completion of the Proposed Deal undergoes a variety of conditions, consisting of, not limited to, completion of due diligence, settlement of conclusive documentation, and the invoice of any required regulative approvals. The Proposed Deal can not be finished till these conditions are pleased and there can be no assurance that the Proposed Deal will be completed at all.

The Proposed Deal is not anticipated to make up a basic modification for the Company, nor is it anticipated to result in a change of control of the Company, within the significance of applicable securities laws and the policies of the Canadian Securities Exchange. The Business will provide further information regarding its review of Unified, and the Proposed Transaction, as that details appears.

About Mota Ventures Corp.

Mota is a recognized eCommerce, direct to customer supplier of a wide range of CBD products in the United States and Europe. In the United States, the business sells a CBD hemp-oil formulation originated from hemp grown and developed in the US through its Nature’s Exclusive brands. Within Europe, its Sativida brand of award winning100%natural CBD oils and cosmetics are offered throughout Spain, Portugal, Austria, Germany, France, and the UK. Mota Ventures is also looking for to acquire additional earnings producing CBD brands and operations in both Europe and North America, with the goal of developing a global circulation network for CBD products. Low cost production, paired with global, direct to consumer, sales channels will provide the foundation for the success of Mota Ventures.

About Unified Funding, LLC

https://www.unifiedbrandlab.com/” data-reactid=”25″ type=” text”> Founded in2015 by partners with more than a years of eCommerce and innovation experience, Unified has actually rapidly become a formidable organization focused on aggressive expansion in the natural health products market. Powered by its exclusive innovation platform, the company has developed an eCommerce ecosystem to scale its brand names and accomplish success targets through data analysis, strategic consumer acquisition and supply chain management. To learn more about Unified, please visit https://www.unifiedbrandlab.com/

ON BEHALF OF THE BOARD OF DIRECTORS
MOTA VENTURES CORP.

Ryan Hoggan
Chief Executive Officer

[email protected] or www.motaventuresco.com” data-reactid=”28″ type=” text”> For more information, readers are motivated to get in touch with Joel Shacker, President & CEO at 604.4234733 or by email at [email protected] or www.motaventuresco.com

Neither the Canadian Securities Exchange nor its Policy Solutions Company (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or precision of this press release, which has actually been prepared by management.

Cautionary Note Regarding Forward-Looking Statement ” data-reactid=”30″ type=”text”> Cautionary Note Relating To Forward-Looking Statement ” data-reactid=”30

” data-reactid=”31″ type=”text”>” type=” text”> Cautionary Note Relating To Forward-Looking Statement

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” type=”text”> All statements in this news release, aside from declarations of historic reality, are “forward-looking details” with respect to the Company within the meaning of relevant securities laws, including with regard to the proposed acquisition of Unified, its plans to become a vertically incorporated international CBD brand name, its strategies to cultivate and draw out cannabis to produce CBD and high-quality value added CBD products in Latin America for circulation domestically and globally and its plans to get revenue-producing CBD brand names and operations in Europe and The United States And Canada. The Business offers forward-looking declarations for the function of communicating information about current expectations and strategies associating with the future and readers are warned that such declarations may not be suitable for other functions. By its nature, this info goes through fundamental threats and uncertainties that may be basic or specific and which generate the possibility that expectations, forecasts, predictions, forecasts or conclusions will not prove to be accurate, that presumptions might not be right and that goals, strategic goals and top priorities will not be attained. These dangers and unpredictabilities consist of however are not limited those identified and reported in the Business’s public filings under the Company’s SEDAR profile at www.sedar.com. The Company has actually tried to identify essential factors that could cause real actions, occasions or results to vary materially from those explained in forward-looking information, there might be other aspects that cause actions, occasions or results not to be as anticipated, approximated or meant. There can be no guarantee that such information will prove to be precise as actual results and future events could differ materially from those expected in such statements. The Company disclaims any intent or commitment to upgrade or revise any positive details, whether as an outcome of new information, future occasions or otherwise unless needed by law.

SOURCE: Mota Ventures Corp.

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