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Share Name | Share Symbol | Market | Type |
---|---|---|---|
DND Technologies Inc (PK) | USOTC:DNDT | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.088 | 0.0425 | 0.11 | 0.00 | 12:11:24 |
DND Technologies, a diversified holding
company that acquires, invests in, and partners with next
generation start-ups and established businesses to bring new or improved
products to market today announced that Cinturi, one of its wholly-owned
subsidiaries, has reached agreement to launch a mobile supermarket shopping
platform in Curitiba, Brazil.
Using a proprietary mobile payments
technology, and working with the agreement of a network of supermarkets, Cinturi
is preparing to launch a mobile supermarket shopping platform in Brazil. A Chief Technology Officer, Ivan Silva, the
developer of the M-Code One mobile payments solution was engaged several weeks
ago to oversee the pilot project in Curitiba, Brazil. The pilot project will be designed to
identify and correct any technology issues before the full launching. Management believes that this project will deliver
exceptionally good value to shareholders.
Cinutri is a mobile supermarket shopping and payments platform that
allows users to order items from participating supermarkets using the Centuri
application (“App”) on their mobile phones, and have those goods delivered to
their homes or another location immediately or at a requested time by
supermarkets in their delivery area.
After registering for the service, users will be able to buy their
required products with a few strokes on their cellular phones without the need
to go to the supermarket. Using their
Cinturi App, they will also be able to be able to shop in a supermarket without
using a physical shopping cart or stopping at the cashier, in confidence that
the purchased goods will be delivered to their desired address. They will also will be able to have “cash
back” delivered. User/investor
discussions are currently underway in Asia pending completion of the pilot
project.
Additional information on the project will
be the subject of another press release very shortly, and a website being
developed presently at www.cinutri.us will have
detailed information on the project, including financial projections, and will
be updated regularly so that shareholders in English Speaking countries may
follow the developments. After the
pilot, the website www.cinutri.com will be
developed into the Portuguese operational web portal for local use by businesses
and consumers in Brazil.
Safe
Harbor Statement
Matters
discussed in this press release contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. When used in
this press release, the words "anticipate," "believe,"
"estimate," "may," "intend," "expect"
and similar expressions identify such forward-looking statements. Actual
results, performance or achievements could differ materially from those
contemplated, expressed or implied by the forward-looking statements contained
herein. These forward-looking statements are based largely on the expectations
of the Company and are subject to a number of risks and uncertainties. These
include, but are not limited to: the impact of economic, competitive and other
factors affecting the Company and its operations, markets, product, and
distributor performance.
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