Protect Pharmaceuticals Corporation Changes Business Model
17 Juin 2017 - 4:54AM
Marketwired
Protect Pharmaceuticals Corporation Changes Business Model
MIAMI, FL-(Marketwired - Jun 16, 2017) - Protect Pharmaceuticals
Corporation (OTC: PRTT), a Nevada Corporation, officially announces
that it intends to change its name to StartCapital Corporation and
modify its business model to a finance company specializing in non
equity financing for start-up companies.
Protect Pharmaceutical intends to change its name, business
model, and stock symbol. Following shareholder approval, the new
name will be StartCapital and, in conjunction with the new name,
management intends to request a new stock symbol. The revised
business model is designed to provide financing to startup
companies in the form of collateralized loans, purchase order
financing, inventory, equipment financing, and similar financing.
Management anticipates that this business model will work in
conjunction with Eight Dragons Company and its "idea to exit"
startup ecosystem. While no assurances can be provided as to the
final completion of this process, it's anticipated to take place
this year or early in the new year.
"We realize that getting timely financing is one of the
paramount challenges a startup company founder faces," states
Protect President Una Taylor. "Often age of the business, size of
the business, lack of revenues, etc. will typically eliminate
traditional sources of funding and selling equity is not always the
best option. StartCapital intends to introduce new and innovative
financing options to those founders fighting to make their dream a
reality."
Forward Looking Statements: This press release contains
"forward-looking statements" within the meaning of Section 21E of
the Securities Exchange Act of 1934. Except for historical matters
contained herein, statements made in this press release are
forward-looking statements. Without limiting the generality of the
foregoing, words such as "may", "will", "to", "plan", "expect",
"believe", "anticipate", "intend", "could", "would", "estimate," or
"continue", or the negative other variations thereof or comparable
terminology are intended to identify forward-looking statements.
Forward-looking statements involve known and unknown risk,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements. Also forward-looking statements
represent our management's beliefs and assumptions only as of the
date hereof. Additional information regarding the factors that may
cause actual results to differ materially from these
forward-looking statements is available in the Company's filings
with the SEC including the Current Reports on Form 8-K and the
Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K.
Except as required by law, we assume no obligation to update these
forward-looking statements publicly, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future.
Contact Information Una Taylor 954-292-0033
una@dreamfuventures.com
Protect Pharmaceutical (PK) (USOTC:PRTT)
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