Freeport Capital Inc. (CNSX:FAS) Has Issued A Shareholder Update.

/EIN Presswire/ “I am pleased to announce that we are currently developing strategic partnerships and distribution channels that will enable us to access untapped market segments,” said Michael Tasillo, president, Freeport Capital. “We are focused on delivering credit/debit point-of-sale (POS) systems that make processing transactions considerably more affordable for merchants using laptops and other mobile devices, such as smart phones. By introducing mobility to transaction processing, we possess a major technology advantage in the POS market. Listing Freeport Capital on the Canadian National Stock Exchange was a critical first step in gaining exposure to institutional investors. Now with access to capital markets, we may fuel the rapid execution of our business plan,” Mr. Tasillo added.

Freeport Capital is currently fulfilling a $1-million equity private placement. New shares are offered at the price of 25 cents per share with a warrant attached of 40 cents, on a one-for-one basis. A total of $235,000 has already been raised through the sale of 940,000 shares.


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