EATONTOWN, NJ--(Marketwired - Oct 13, 2016) - Investview, Inc. (OTC PINK: INVU), a diversified financial technology organization specializing in investor education, investment newsletters and financial services, today announced the Merger of RoboVest, Inc. and Investview, Inc. This enables Investview to launch a new business unit providing a service which will be wholly owned and is designed to provide customers access to the international world of FOREX (FX) trading, automatic trading and algorithmic trade selection on a monthly fee basis for less than $100.00 per month.
The business combination includes Intellectual property from RoboVest, Inc. together with a significant cash contribution in exchange for equity of Investview.
"It has been a long period of time since we lost our finance opportunity to rebuild and refinance our Company," stated Dr. Joseph Louro, CEO of Investview. "This business combination between Investview and RoboVest is a significant and timely transaction that will permit Investview, in a short period of time, sustain cash flow needs and commence new and meaningful revenue streams," continued Dr. Louro. "Moving into this business line is a natural extension of our 7 Minute Trading services and will permit Investview to reap new and powerful income streams. We anticipate this revenue to return Investview to revenue levels we experienced in previous years. This revenue, combined with our streamlined operations will impact our bottom line in a bold way," concluded Louro.
"FX trading is popular throughout the globe and is increasingly popular among investors in the US. However, most investors are incapable of successfully selecting and executing trades in a 24/5 worldwide trading universe. Our Robot and Algorithm allows individuals to have their account managed automatically. The results are very profitable," said Joseph Hagan, CEO of RoboVest, Inc. Mr. Hagan will stay with Investview as Chief Marketing Officer. "It has been a rewarding experience for our users who place a high value on both time and money. We look forward to introducing this to Investview's client data base of over 100,000 potential customers and the investing public on a global scale," Hagan noted.
Most recently Investview has added personnel, technology and product to help grow the new business unit. The firm intends to utilize its ability to provide information and webinars on FX Trading via their current education and technology platform over the internet.
About Investview, Inc.
Investview, Inc. is a New Jersey-based diversified financial technology organization. The Company operates primarily through its wholly- and majority-owned subsidiaries, to provide financial products and services to accredited investors, self-directed investors and select financial institutions
Certain statements in this press release may constitute "forward-looking statements". When the words "believes," "expects," "plans," "projects," "estimates," and similar expressions are used, they identify forward-looking statements. These forward-looking statements are based on Management's current beliefs and assumptions and information currently available to Management and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Information concerning factors that could cause our actual results to differ materially from these forward-looking statements can be found in our periodic reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.