SOURCE: FastFunds Financial Corp.

FastFunds Financial Corp.

February 10, 2014 08:00 ET

FastFunds Financial Corporation Subsidiary Cannabis Angel and Colorado Cannabis Business Solutions Announce Agreement

WEST PALM BEACH, FL--(Marketwired - February 10, 2014) - FastFunds Financial Corporation's ("FastFunds" or the "Company") (OTCQB: FFFC) wholly-owned subsidiary, Cannabis Angel, Inc., a company involved in providing financing alternatives, corporate finance and general management consulting services to early-stage cannabis companies and projects, and Colorado Cannabis Business Solutions, Inc. ("COCBS"), a newly-formed development stage company that is seeking to offer business solutions to companies offering services to cannabis-based businesses principally based in Colorado, announced today they have signed an agreement for Cannabis Angel to provide general corporate development services, collaborative business opportunities, and the development of a financing plan to assist COCBS in achieving its business goals. COCBS is currently exploring the development of customer relationship management software to assist dispensaries with their business operations and provide a higher level of service to their customers. Cannabis Angel will be compensated with equity ownership in COCBS as well as potential future transaction fees.

About FastFunds Financial Corporation
FastFunds Financial Corporation is a holding company that is publicly traded on the Over-the-Counter QB under the symbol "FFFC." The Company currently operates in the financial services industry segment with a single credit card services portfolio. The Company is currently seeking new business opportunities to diversify and complement our current services and products, enhance our technical capabilities and offer growth opportunities for our stockholders; and recently announced the formation of Cannabis Angel, Inc., a company involved in providing financing alternatives, corporate finance and general management consulting services to early-stage cannabis companies and projects.

FORWARD-LOOKING STATEMENTS
This news release may include "forward-looking statements" regarding FastFunds Financial Corporation, and its subsidiaries, business and project plans. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where FastFunds Financial Corporation expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. FastFunds Financial Corporation does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact Information

  • For Further Information Contact:
    Henry Fong
    Chairman & CEO
    561-514-9042