SOURCE: FastFunds Financial Corp.

March 03, 2014 08:15 ET

FastFunds Financial Corporation and Subsidiary Cannabis Angel Provide Corporate Update

WEST PALM BEACH, FL--(Marketwired - March 03, 2014) - FastFunds Financial Corporation ("FastFunds" or the "Company") (OTCQB: FFFC) and its 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, provided today a general corporate update on recent activities. 

The Company announced that it has signed an agreement with Aeson Ventures, LLC, a Charlotte, NC based web development and social media marketing company ("Aeson"). Aeson will have the responsibility to redevelop, rebrand and relaunch the GreenEnergyTV.com website as a social media hub for all aspects of the quickly developing marijuana industry. The Company recently announced that it had signed a definitive agreement to acquire the GreenEnergyTV.com website and expects to close the transaction in mid to late March.

The Company also announced that Cannabis Merchant Financial Solutions has completed its plans to kick-off marketing on March 15, 2014 in Colorado a series of on-site presentations to dispensaries offering a custom-built suite of CMFS's various financial solutions. These services may include credit card processing, ATM services, cash advance and business financing, leasing, accounting software integration and debit/gift cards. 

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:   
    FastFunds Financial Corporation
    & Cannabis Angel, Inc.
       
    Henry Fong, Chairman & CEO   
    561-514-9042