Recent Press Releases
VANCOUVER, British Columbia, October 5, 2016 /PRNewswire/ — Arcturus Growthstar Technologies Inc. (the “Company” or “Arcturus”) (CSE: AGS) (OTC Pink: AGSTF) is pleased to announce that it has closed on its transaction to acquire a large portfolio of revenue generating Apps and source code (“App Portfolio”). This all-stock acquisition brings on a seasoned team of app developers, which instantly expands the Company’s tech portfolio and positions Arcturus for rapid rollout of a suite of marijuana centric apps. It also positions the Company to receive consistent monthly income, as the App Portfolio’s trailing 12-month EBITDA was USD $139,000 or CDN $183,000. Read More
Arcturus Announces Engagement of Financial Advisor for Vertical Farm Project
VANCOUVER, British Columbia, September 29, 2016 /PRNewswire/ — Arcturus Growthstar Technologies Inc. (the “Company” or “Arcturus”) (CSE: AGS) (OTC Pink: AGSTF) is pleased to announce that it has engaged the services of CBO Financial, Inc. as its financial advisor with respect to New Market Tax Credits (NMTC) for a vertical farm project. The NMTC program is a $65 billion federal program designed to incentivize private investment in low-income communities. NMTCs are provided to financial institutions in exchange for equity investments that eligible businesses can use to subsidize project development costs. CBO Financial helps driven organizations, such as Arcturus, to finance facilities that will provide goods and services that benefit populations in need and revitalize communities. Arcturus’ partnership with CBO Financial is both shareholder and capital structure friendly in the sense that the draw of capital is non-dilutive in nature. Read More
Arcturus Signs LOI to Acquire Cash Flow Generating App Portfolio
VANCOUVER, British Columbia, September 27, 2016 /PRNewswire/ — Arcturus Growthstar Technologies Inc. (the “Company” or “Arcturus”) (CSE: AGS) (OTC Pink: AGSTF) is pleased to announce that it has signed a Letter of Intent to acquire a large portfolio of revenue generating App’s and source code. This acquisition brings on a seasoned team of app developers, which instantly expands the Company’s tech portfolio and positions Arcturus for rapid rollout of a suite of 420 centric apps. With this all-stock deal, said stock being subject to escrow, Arcturus gains a foothold in the extremely valuable and fast growing mobile application market and obtains access to a seasoned team of experienced developers having published over 500 apps. Read More
