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| Big News Just Out New Agreement Allows for Immediate Cash Flow |
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 Hot Stock to Watch |
Company: TelcoCuba, Inc. (Pink Sheets: SUGO)
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Last:
Price: 0.0118
Change (%): + 0.0008 (7.27)
Volume: 458,295 |
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Telco Cuba, Inc. Executes Definitive Distribution Agreement With Disashop
HOLLYWOOD, Fla., June 30, 2015 /PRNewswire/ -- Telco Cuba, Inc. (OTCPK: SUGO) Telco Cuba, Inc. A publicly traded internet and telecom provider is proud to announce that it has executed a definitive distribution agreement with Spain's Disashop (www.disashop.com) to provide retail sales points for, International calling cards, sim cards, means of payment, and purchase reloadable minutes in the United States for Europe, South and Central America, and Cuba.
"This distribution agreement will allow Telco Cuba, Inc. to add two to three kiosks over the next ten days with projections to have one hundred over the next three quarters. These kiosks generate a minimum of three thousand dollars per month, up to five thousand dollars a month on average."
Telco Cuba, Inc. will own these machines, and place them in strategic areas such as local supermarkets, airports, retailers, and mini-marts under our Telco Cuba, Inc. branding. Disashop will also offer their point of sale system that will allow customers to purchase minutes at the check out of their local super market or retail drug store.
"The addition of the Disashop kiosks' under our Telco Cuba brand name will provide our customers with a necessary and convenient point of sale where they can purchase reloadable minutes for our phones. These kiosks are state of the art and can handle multiple products and transactions; the return on investment of these units will be substantial, providing us with a first line of sales and marketing of our products. Additionally, our strategic alliance with Disashop positions Telco Cuba at the forefront of Cuba's burgeoning mobile industry by providing us with a pilot program for the eventual installation of these kiosks in Cuba by Telco Cuba, Inc.. We will also have a kiosk available at the Havana trade show from November 2nd to the 8th, 2015. Plain and simple we generate income by reselling minutes and cell phone." said William Sanchez of Telco Cuba, Inc.
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