LAS VEGAS, NV , United States / ACCESSWIRE / July 15, 2014 / Cubed, Inc. (OTCBB: CRPT), the provider of the first fully functional, three-dimensional, social and commercial multi-media delivery platform, The Cube, is pleased to announce that it has completed its previously announced Share Exchange with WikiTechnologies, Inc., a Delaware corporation (“Wiki”). Under the Agreement, subject to certain conditions, the Company has now acquired all of the issued and outstanding common stock of Wiki in exchange for Cubed common stock and a cash payment.
WikiTechnologies is a company dedicated to making financial transactions simple, secure, social and affordable. Cubed has already largely integrated WikiTechnologies’WikiPay platform, into its Cube product offering in order to enable mobile monetary transactions.
“I am elated to have completed the acquisition of WikiTechnologies as we now embark ever-forward with our revolutionary Cubed technology complemented by an elegant and efficient payment platform,” stated Joseph White, CEO, Cubed, Inc. “By integrating WikiPay’s payment and money transfer platform we empower all Cubers to transact mobile commerce seamlessly, with a simple process and extremely competitive fees.”
WikiTechnologies’ principal product, WikiPay, a Money Services Business, is a simple, low-cost alternative to existing mobile and online payment solutions. WikiPay is a proprietary payment system that allows mobile and online Consumer-to-Consumer, Business-to-Consumer, Consumer-to-Business and Business-to-Business payments through its website www.wikipay.com, mobile website, m.wikipay.com, SMS, and Facebook in 49 US States and 60 countries throughout the globe. WikiPay empowers its users to execute real-time payments, scheduled payments, account inquiries for balance and transaction history, bill payments, notifications and alerts, and transaction security verifications.
WikiTechnologies’ secondary product, WikiLoan, is a peer-to-peer lending platform that works through the participation and collaboration of family and friends through social networks. The company's website, www.wikiloan.com, provides repayment schedules and documentation for loans, along with proprietary administrative tools, which enable users to securely pull credit reports and automate the loan repayment process.
About Cubed, Inc.
Cubed, Inc. is a Nevada corporation which owns and operates Intellectual Property related to the Get CUBED(tm) mobile-first platform. The Get CUBED(tm) mobile-first platform designed for social and commercial media expression, is a three-dimensional functional cube that appears on the screens of mobile device owners, allowing developers and users to present complex and contextual concepts in a clear and simple manner. The Cube is thus a canvas designed to instigate creativity and improve communication in today’s mobile-first world. Emphasizing clarity over clutter, Get CUBED provides businesses, charities, thumbloggers(tm) and other subscribers of this new mobile app with a simpler way to organize the central forms of human expression – audio, video, image and text– and then pass them along to others in a single compelling platform. This allows Cube Users to share information, market their products and services, and project their ideas, among other things, all in a manner that is vastly more compelling and concise than ever available in the mobile space before the Cube. Ultimately, GET CUBED is a cross-platform, access agnostic and ubiquitous ecosystem, adopted rather than adapted for mobile devices.
For further information please visit http://www.getcubed.com/
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those identified under "Risk Factors" in the Company’s most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q and in other filings made with the Securities Exchange Commission. Actual results may differ materially from those contemplated by these forward-looking statements and the Company does not undertake to update any of these forward-looking statements to reflect a change in its views or events or circumstances that occur after the date of this press release.
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SOURCE: Cubed, Inc.