VERY VERY VERY GOOD READING/ 'REVE Technologies, Inc (BSSP)'
re;
To Implement the Capital Purchase Agreement f/k/a CPA; Blueprint for 2016 and 2017
Reve Technologies, Inc. (BSSP) (the "Company" or "Reve") is pleased
to announce the plan of its new Capital Purchase division for the
next 24 months.
As previously reported, typical Capital Purchase transactions or
Capital Purchase Agreements ("CPA") are made to both public and
private companies where the money is used to purchase future
revenue or cash flows such as their accounts receivables
and/or their debt or equity investment capital raises.
Management intends to create a diversified portfolio consisting
of Capital Purchase Agreements across various and diversified
financial sectors.
The goal of the CPA is to establish a rate of return typically within 30 days.
Bobby Cohen, Chief Capital Purchase Architect and progenitor for
the new Capital Purchase Agreement coined ("CPA") division stated,
"With assistance from the current management team,
I'm looking forward to the development and implementation for
Reve's new Capital Purchase division.
" Mr. Cohen further stated, "Starting in the first quarter of 2016
and going out 24 months,
it is our intention, based on appropriate funding and market acceptance,
that our new division will become available in several of the key
major U.S. markets, which would include New York City, Los Angeles, Chicago, Dallas, and Miami."
The company, through its new Capital Purchase division, looks to
provide a Diversified Portfolio to be built to protect against
specific component risk.
With a limited dollar amount exposure of approximately $10,000 per portfolio position,
the Capital Purchase Division's expectation is to protect against collection risk.
The overall Portfolio construction of non-concentrated sectors is designed and intended to mitigate sector risk.
Portfolio returns are to be made outside public markets,
so that risk attributed to overall market risk is lower than
other strategies. Portfolio construction is based on overall
economic risk assessment, and portfolio companies will sign a
default judgment or confession of judgment as part of the capital purchase process which lowers litigation risk.
About Reve Technologies, Inc.
The Company was incorporated on May 11, 2010 (Date of Inception)
under the laws of the State of Nevada, as Bassline Productions, Inc.
On March 21, 2014 the Company amended its articles of incorporation
and changed its name to Reve Technologies, Inc.
and investing to develop and market emerging hardware,
mobile and web applications.
The Company has embarked on establishing a new Capital Purchase Division to provide short term capital purchase agreements to fill a need across the diversified financial market sectors.
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