VANCOUVER, British Columbia, Jan. 26, 2018 (GLOBE NEWSWIRE) -- Cuba Ventures Corp. (TSX-V:CUV)
(Frankfurt:IJA2) (OTCBB:MPSFF) (the “Company”) – Media Division - is pleased to announce that it has signed
a definitive agreement (“DA”) to purchase a minority equity interest in Miami based publisher, THIRD CIRCLE PUBLISHING LLC, the
publisher of numerous publications including, The Cuba Trade Magazine, arguably the most widely distributed Cuba business and
travel focused print magazine in the United States and worldwide.
Cuba Trade Magazine Media Kit
About Cuba Trade Magazine
Cuba Trade Magazine is the only national monthly publication devoted to covering trade, travel and investment
between Cuba and the U.S. business community.
Cuba Trade Magazine is read monthly by the most influential sector of the international business
community, ranging from executives who work for major international corporations, to business owners, entrepreneurs, state
officials, and all members of United States Congress, as well as U.S. domiciled embassies and trade consulates.
The magazine is delivered each month via direct mail and through exclusive distribution channels including:
leading business organizations (World Trade Centers, Engage Cuba, the US Agricultural Coalition); city and state economic
development councils (the Houston Partnership, Arkansas Economic Development Commission, etc.); all Cuban, Caribbean and Latin
American study centers in U.S. colleges and universities; business schools; Cuba-specific NGOs (the U.S. Chamber’s Cuba Business
Council, the Center for Democracy in the Americas, etc.); the Cuban Embassy in Washington and to Cuban economic ministers; on all
Havana Air flights; and to all members of the United States Congress (via private and direct courier). Cuba Trade Magazine is also
distributed in select newsstands in the United States (including key airports) and is available in all Barnes & Noble
bookstores.
Cuba Trade Magazine also has a website that amalgamates all relevant Cuba news worldwide on a
24-hour basis, as well as its own content and research documents, with a daily news report that is sent to a select list of key
executives and subscribers.
Cuba Trade Magazine readers work in international trade, finance, law, insurance, telecom, real estate,
hospitality, transportation, energy, manufacturing, construction, pharmaceuticals, information technology, logistics and
agriculture.
Cuba Ventures and Cuba Trade Magazine to bridge Digital and Print Media
As Print and Digital continue to coexist in a unified manner, so too has Cuba Ventures Corp wished to expand its
Cuba-centric digital media empire into highly desirable Cuba focused printed media. The Cuba Ventures wholly owned subsidiary
Travelucion controls 432 cuba-centric websites in up to 5 languages, collectively generating approximating 35 million page views
per year. Since the 2014 visit by President Obama to Cuba, visits from U.S. IP addresses to these proprietary websites have
exponentially increased from just 6% in 2014 to 38.6% in 2017.
Cuba Trade Magazine is arguably the most influential Cuba focused printed magazine in the United States, with an
exemplary national distribution network and readership. Cuba Ventures and Cuba Trade Magazine consider that advertisers should be
given the best of both worlds, with full coverage across both digital media platforms and elegant ads in a luxurious printed
magazine. This new equity partnership will unify our online advertisers to a prominent print media circulation and, vise versa,
creating a worldwide borderless media dissemination that will transcend continents and global readership.
Miami based Third Circle Publishing LLC and Vancouver based Cuba Ventures Corp agree that, a non Cuba domiciled,
all encompassing media empire, focused uniquely upon Cuba, will ultimately become a very advantageous asset, as the sea of change
ameliorates the political landscape between the United States and Cuba. CEO Steve Marshall commented, “In April 2018 Cuba will
welcome a new president and, with that advent, a new era of collaboration between the United States and Cuba could ensue. We
collectively envisage a time when 1000s of U.S. companies will be scrambling to promote goods and services to a highly targeted
market of readers and web visitors, both internationally, in the United States and, to sway the decisions of the almost 5 million
annual international visitors to the island. The new partnership between Cuba Trade Magazine and Cuba Ventures Corp is the epitome
of that synergy. At Cuba Ventures we believe in providing our shareholders with future proof investments that work in unison, to
self promote and expose our numerous divisions and technologies to the masses via a proprietary media network, via a powerful media
network that autonomously propagates the furtherance of our other revenue generating divisions and mobile apps”. Richard
Roffman, CTM Publisher, added, “Third Circle Publishing shares the international vision of Cuba Ventures. By expanding our
horizons and exposure on hundreds of websites, so too will our advertisers in the U.S. and Worldwide benefit from heightened
Cuba-centric coverage. Creating a unified and seamless reader experience across multiple media platforms, which transcend
international borders, is the aspiration of all publishers”.
Notable Highlights of the Cuba Digital and Print Media Powerhouse
- Increased worldwide print advertising sales for Cuba Trade Magazine
- Increased worldwide digital advertising sales for Cuba Ventures
- Cross platform 20% ad commissions
- Reciprocal linking and coverage on proprietary digital and print media
- Creation of ad sales divisions in Canada and Europe
- Reciprocal exposure to the Cuba focused international business community
- Monthly and quarterly guaranteed corporate coverage in both print and digital media iterations.
- Heightened exposure of Revolupay®, CubaFIN and the CCU Coin Crytotoken in the U.S
Acquisition Details
Cuba Ventures will issue 500,000 shares at a price of 0.25 cents and, make a onetime payment of $50,000 CAD for
5% of Third Circle Publishing. Long time company Advisor and Journalist; Vito Echevarria, will handle advertising and content
synergy for CUV. Alfredo Manresa will handle European expansion of the media division. Nick Findler will handle Canadian media
requests. Advertising revenues from these cross platform synergies is expected to increase exponentially as a result of this
partnership, allied to the contractually agreed ad commission revenues.
CEO Steve Marshall Attends The North American Bitcoin
Conference
CEO Steve Marshall attended the most important blockchain conference of the year, The North American Bitcoin Conference in Miami, a part of World Blockchain Forum, which took place
in Miami between January 18th and 19th 2018. Mr Marshall discussed the CCU Coin Cryptotoken and the technical comparisons between
deployment using blockchain or hashgraph technologies.
Cuba Ventures Corp in the Media
Cuba Trade Magazine Article January 2018 – See Link
Alpha North TV Interview Bahamas https://www.youtube.com/watch?v=AJOPXyk3v20
About Cuba Ventures Corp.:
Cuba Ventures Corp. is a publicly traded Canadian company capitalizing on the growth and unique opportunities in
the USD 3.5 billion per year Cuban travel and tourism industry. Travelucion, a wholly owned subsidiary, is a digital media and
marketing company which owns a vast portfolio of Cuba related websites and online portals providing Cuba travel information in up
to six languages, featuring individual web assets for Cuba's popular cities and towns, online booking solutions and online
reservations through proprietary software, catering to international visitors to Cuba. Travelucion's online travel division is a
duly licensed retail travel supplier handling millions of dollars in sales annually which was recently awarded an Amadeus GDS
distribution license.
Cuba Ventures Corp has acquired an equity interest in a Florida, the USA domiciled, licensed and bonded travel
agency which specializes in travel to Cuba. This equity ownership permits the company and, its subsidiary Travelucion, to promote
U.S. compliant travel packages to Americans citizens through its equity partner International Business & Travel Opportunities, LLC,
Fort Lauderdale, Florida, USA.
Travelucion's 432 Cuba focused multilingual websites generate over 35 million page-views per year, directing
traffic to the company's online booking and e-commerce sites. These online websites cover all facets of Cuba including over 80
travel destinations, hotels & resorts, bed & breakfast, tours, car rentals, restaurants, as well as Cuban culture, history, music,
celebrities, sports, medical treatments and more.
Cuba Ventures FinTech division is embracing world renowned entities to bring together a global force to
stimulate Cuba’s archaic economic systems. Financing of both internal and external debt, ₡CU Coin Cryptotoken and Revolupay®
blockchain deployment - across the all important private enterprises and remittance industry are primary objectives of this
division. Finally, bridge loans for foreign enterprises who receive Cuban bank payment instruments will enable faster transactions
and rapid advances in the economy.
Cuba Ventures consulting division harnesses over 80 years of combined advisor experience in submitting and,
obtaining approval, for joint ventures, joint production agreements, and import/export permits for foreign enterprises. More
recently the company has taken a royalty approach for future agreements between third parties anxious to begin comercial operations
with Cuba and, the company’s Cuba Consulting Unit. Current contractual partnerships include Tyrval, a worldwide hotel industry
supplier. Cuba Ventures intends to augment the amount of financially beneficial consulting related businesses.
Cuba Ventures Corp. has neither assets nor physical presence in the Republic of Cuba.
For further information on Cuba Ventures Corp. (TSX-V:CUV) or Travelucion visit the Company’s website at www.cubaventures.com or www.travelucion.com. The Company has approximately 109,000,000 shares issued and
outstanding.
CUBA VENTURES CORP.
STEVE MARSHALL
______________________________
Steve Marshall
CEO
For further information contact myself or:
Nick Findler
Cuba Ventures Corp.
Telephone: 604-639-3850
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@cubaventures.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
This release includes certain statements that may be deemed to be "forward-looking statements". All statements
in this release, other than statements of historical facts, that address events or developments that management of the Company
expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements
are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments
may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these
forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could
cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and financing, and general economic, market or business conditions. Please
see the public filings of the Company at www.sedar.com for further information.
