(DKSC) Announces Sunset Capital Assets, Inc. Advisory Relationship to Grow Scoot Mobile Money ("Scoot"), a Mobile Money Trans...

Las Vegas, NV / ACCESSWIRE / October 14, 2014 / Dakshidin Corporation., (DKSC), announced today that the Company has engaged Sunset Capital Assets, Inc. (SSBN) in an advisory capacity in order to facilitate the growth of the Scoot Mobile Money platform ("Scoot"), a mobile money transfer service. Scoot creator Christopher Haigh has recently partnered with Dakshidin Corporation (DKSC) to launch the product globally. Dakshidin acquired Scoot in July of 2014.

Scoot is a patented mobile application that allows any cell phone to be used for making direct money transfers through SMS text messaging without having to use a bank account. The Scoot platform can be made easily compatible with any stored-value debit card (MasterCard/Visa/Discover) that are currently accepted at over 23 million merchants and ATMs in 210 countries. Users can simply purchase a Scoot enabled reloadable stored-value debit card, the user will then register with Scoot and have their card automatically link with their cell phone number. Scoot users can manage their card accounts and send money from one stored-value debit card to another using the Scoot text app., with their cell phone numbers as the unique identifier. Transferred funds can be immediately used by the recipient in the same way as any other debit card.

Christopher Haigh, the creator of Scoot, said, "It has long been inevitable that the phone will become the preferred method for doing financial transactions and Scoot is a powerful, simple to use method of financial management which uses the customer's phone to complete transactions. We believe it is the right time to partner with Sunset, with their global One Sunset network and expertise in helping entrepreneurs to take their businesses to the next level."

About Dakshidin Corporation

Dakshidin Corporation intends to be a force for change in the way that humanitarian projects are funded and managed. Dakshidin's card management division specializes in prepaid bank card products and services, including:

- Global banking and card loading network relationships
- Providing its clients with turnkey prepaid card programs as well as private label card programs

Dakshidin has developed and deployed a proprietary mobile transaction notification system, allowing jointly related cardholders to communicate and support money sharing with each other using their mobile phones. Dakshidin's mission is to help support humanitarian projects in developing countries by facilitating a remittance relationship between banks/companies in the US and banks/companies abroad allowing cardholders/customers of each to be able to send remittances easily, inexpensively and in full compliance with the laws of both countries.

This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Our forward-looking statements express our current expectations or forecasts of possible future results or events, including projections of future performance, statements of management's plans and objectives, future contracts, and forecasts of trends and other matters. Forward-looking statements speak only as of the date of this filing, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. You can identify these statements by the fact that they do not relate strictly to historic or current facts and often use words such as "anticipate", "estimate", "expect", "believe," "will likely result," "outlook," "project" and other words and expressions of similar meaning. No assurance can be given that the results in any forward-looking statements will be achieved and actual results could be affected by one or more factors, which could cause them to differ materially. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act. This release does not constitute a solicitation of any kind.

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SOURCE: Dakshidin Corporation