High-tech acceleration firm in the multiplatform games industry, AppSwarm (OTC: SWRM) this morning announced that it has entered into a Letter of Intent (“LOI”) with USA Real Estate Holding Co (OTC: USTC) for the development of a smartphone based cash and bitcoin mobile wallet. Per the agreement, the companies will execute a definitive agreement within 45 days from the LOI. “The industry knowledge USA Real Estate Holdings brings to the table is very attractive to us. We look forward to a long-term relationship with USTC. This is a great opportunity for both companies, as it allows us to leverage one another’s strengths and grow together,” AppSwarm CEO Ron Brewer stated in the news release.
To view the full press release, visit http://dtn.fm/0fnBz
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AppSwarm develops and publishes mobile gaming apps, with a focus on accelerating the development of free to play mobile games and fast-track them to market. The company partners with game developers through joint ventures, royalty agreements, marketing partnerships, and outright purchases through its publicly-traded company on the OTC Markets, ticker SWRM. For more information, visit www.App-Swarm.com
About USA Real Estate Holding Company
USA Real Estate Holding Company is a public holding company that targets acquisitions of undervalued, niche companies with high growth potential, including real estate properties, Fintech companies and other emerging digital technologies. For more information, visit www.USARealEstateHolding.com.
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