Key points From NRWhat is the result of LOI agreement? Is it a paid agreement or a loan or any cash involved? Is Mr Bhavnani being paid as advisor? Or is he becoming a share holder? Review highlights below
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Source: Cuba Ventures Corp.
VANCOUVER, British Columbia, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Cuba Ventures Corp. (TSX-V:CUV) (Frankfurt:IJA2) (OTCBB:MPSFF) (the “Company”) - is pleased to announce that further to the September 19th, 2017 signed letter of intent (“LOI”), it has signed a formal consulting agreement with Bhavnani Corporation and welcomes CEO Dileep Bhavnani as an advisor to the company. Bhavnani Corporation has accumulated a worldwide reputation, through its honorary president and legendary European stock market investor, Mr. Ram Bhavnani. Mr. Dileep Bhavnani, son of the famed investor, is an important addition to the company’s advisory board.
About BHAVNANI CORPORATION
BHAVNANI CORPORATION holds equity in numerous technology companies bringing value to its technology and IT focused subsidiaries from its position as a significant shareholder and its active participation in the Boards of Directors and, in other governing bodies of these companies. BHAVNANI CORPORATION invests in companies with high potential, strong management teams, with great financial strength and flexibility and with a proven competitive advantage in their relevant sectors