TORONTO--(BUSINESS WIRE)--Preventia Group Corp. (“PGC”), an operational subsidiary of Preventia Inc. (OTC: PVTA) further clarifies and elaborates on the nature and scope of real-estate-backed financial products being developed.
Preventia's CEO, Robert Stevens, notes, “A number of potential investors and clients have asked us to elaborate on the real-estate-backed financial products we’re developing that will be cleared and traded, on both primary and secondary levels, in real-time using PTS Corp.'s patent protected proprietary Panama Platform or, through licensing arrangements, on other platforms and exchanges.
As a result of our recent exclusive License Agreement with Private Trading Systems PLC, PGC now has the capability to:
1) Create asset-backed financial instruments, in this case what we’ve coined as “Property Participation Notes” or “PPNs”. We purchase and bundle various real properties, as determined by us to be the most likely to bear higher-yield income and/or capital gains, and use those real property assets as security for the PPNs; and
2) Facilitate the clearing and trading of the PPNs on the patent-protected PTS Panama software Platform in electronic form and in real time.
Holders of PPNs can realize value from set interest payments over time and/or payouts based on capital gains received.
In our view, this period of low returns and low yields in investor markets is likely to continue during the foreseeable future given what is going on in the world's economies today. It appears to be the ideal timing for our business model and, for a start, real-estate-backed-financial products,” concludes Mr. Stevens.
Each product produced, cleared and traded by Preventia Group Corp. is protected by the patent right granted to Preventia Inc. http://1.usa.gov/NfI0vw which has been duly assigned to its operational subsidiary, Preventia Group Corp.
About Preventia Inc.
Preventia Inc., a Company incorporated pursuant to the laws of the State of Nevada is headquartered in Toronto, Ontario, Canada. The Company works with corporate clients through its subsidiary, Preventia Group Corp., to develop, market and distribute financial products for dematerialization and electronic trading and offers a patented electronic trading platform with respect to the foregoing. To learn more, visit www.preventiatrading.com or email Preventia at info@preventiatrading.com.
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned or required capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, the company. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.
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