Hokutou Holdings International Inc. Announces Acqu
Post# of 94270
Posted On: 01/08/2014 3:47:34 AM
Hokutou Holdings International Inc. Announces Acquisition of Platinum Pari-Mutuel Group
Hokutou Holdings International Inc. (OTCPINK:HKTU) announced today a share exchange for the acquisition of Platinum Pari-Mutuel Group (PPMG) will become the main operating entity of HKTU, and its officers and directors have already assumed the same positions with HKTU. a software development company specializing in development of an online experience designed to enable users to follow and share information regarding the fast paced global financial marketplace and to compete against each other in a traditional racing format. PPMG is developing a new way for individuals to interact with the public markets. Our goal is to be a leading social gaming financial markets destination, and our vision is to be the intersection of global financial markets, fantasy sports, horse racing and online gaming community.
PPMG has developed a Hub computer system located in Saint Kitts, West Indies to facilitate the transaction processing. The location provides the ability to service both domestic (U.S.) and international markets simultaneously, but separately, since the rules and regulations of those jurisdictions differ. U.S. domestic play will be for "Fun" only because online wagering is genrally is illegal, while most international jurisdictions will allow "Real Money Play". The system is based on Pari-Mutuel wagering systems where the operator takes a percentage of the sales to pay the cost and the rest is paid back to the players. The typical risk management restrictions that are common in most other non pari-Mutuel models are not required in our business model as our revenue comes off the top from the wagering income.
Mr., James Egide C.E.O., stated "We plan to provide a new mix of financial content related to public companies, financial indices, commodities and currency. Our model is designed to combine fundamental and technical financial data with social media platform to encourage players to personalize, connect and apply impersonal financial services data to their daily lives. We plan to bring real-time excitement of the financial markets to a wider audience with content and games that will be entertaining and engaging using traditional pari-Mutuel technology previously used for horse and dog racing industries, we plan to host online games and races to enable players to compete against each other in a new and exciting environment."
The company encourages current shareholders and potential investors to visit their website at www.financialraces.net to learn more about Platinum Pari-Mutuel Group.
About Hokutou Holdings International Inc. (OTCPINK:HKTU) Hokutou Holdings International Inc. was operated as a development stage holding company for the last three years. With the completion of the acquisition Platinum Pari-Mutuel Group is a wholly owned subsidary of the parent holding company.
About Platinum Pari-Mutuel Group is a gaming and software development company specializing in development of an online experience designed to enable users to follow and share information regarding the fast paced global financial marketplace and to compete against each other in a traditional racing format . PPMG is developing a new way for individuals to interact with the public markets. Our goal is to be a leading social gaming financial markets destination, and our vision is to be the intersection of global financial markets, fantasy sports, horse racing and online gaming community. PPMG has developed a Hub computer system located in Saint Kitts to facilitate transaction processing. The location provides the ability to service both U.S. and international markets The system is based on pari-Mutuel wagering systems where the operator takes a percentage of the sales to pay the cost and the rest is paid back to the players.
Forward-Looking Statements – Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term are defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
CONTACT: Wall Street Media Group
Brian Andrew
866 465-6551
Hokutou Holdings International Inc. (OTCPINK:HKTU) announced today a share exchange for the acquisition of Platinum Pari-Mutuel Group (PPMG) will become the main operating entity of HKTU, and its officers and directors have already assumed the same positions with HKTU. a software development company specializing in development of an online experience designed to enable users to follow and share information regarding the fast paced global financial marketplace and to compete against each other in a traditional racing format. PPMG is developing a new way for individuals to interact with the public markets. Our goal is to be a leading social gaming financial markets destination, and our vision is to be the intersection of global financial markets, fantasy sports, horse racing and online gaming community.
PPMG has developed a Hub computer system located in Saint Kitts, West Indies to facilitate the transaction processing. The location provides the ability to service both domestic (U.S.) and international markets simultaneously, but separately, since the rules and regulations of those jurisdictions differ. U.S. domestic play will be for "Fun" only because online wagering is genrally is illegal, while most international jurisdictions will allow "Real Money Play". The system is based on Pari-Mutuel wagering systems where the operator takes a percentage of the sales to pay the cost and the rest is paid back to the players. The typical risk management restrictions that are common in most other non pari-Mutuel models are not required in our business model as our revenue comes off the top from the wagering income.
Mr., James Egide C.E.O., stated "We plan to provide a new mix of financial content related to public companies, financial indices, commodities and currency. Our model is designed to combine fundamental and technical financial data with social media platform to encourage players to personalize, connect and apply impersonal financial services data to their daily lives. We plan to bring real-time excitement of the financial markets to a wider audience with content and games that will be entertaining and engaging using traditional pari-Mutuel technology previously used for horse and dog racing industries, we plan to host online games and races to enable players to compete against each other in a new and exciting environment."
The company encourages current shareholders and potential investors to visit their website at www.financialraces.net to learn more about Platinum Pari-Mutuel Group.
About Hokutou Holdings International Inc. (OTCPINK:HKTU) Hokutou Holdings International Inc. was operated as a development stage holding company for the last three years. With the completion of the acquisition Platinum Pari-Mutuel Group is a wholly owned subsidary of the parent holding company.
About Platinum Pari-Mutuel Group is a gaming and software development company specializing in development of an online experience designed to enable users to follow and share information regarding the fast paced global financial marketplace and to compete against each other in a traditional racing format . PPMG is developing a new way for individuals to interact with the public markets. Our goal is to be a leading social gaming financial markets destination, and our vision is to be the intersection of global financial markets, fantasy sports, horse racing and online gaming community. PPMG has developed a Hub computer system located in Saint Kitts to facilitate transaction processing. The location provides the ability to service both U.S. and international markets The system is based on pari-Mutuel wagering systems where the operator takes a percentage of the sales to pay the cost and the rest is paid back to the players.
Forward-Looking Statements – Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term are defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
CONTACT: Wall Street Media Group
Brian Andrew
866 465-6551
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