UNSS: The Latest News On This $.03 Trade Idea Could Begin Generating Strong Revenue While Fighting Global Warming
Time is running out as it is officially Monday morning. If you haven’t pulled up Universal Solar Tech (UNSS) and read about their recent partnership that could provide a new stream of revenue while providing environmental accountability, you need to read now:
Entrex Capital Market executes Letter of Intent with Universal Solar Technology, Inc. creating Carbon Trading Market
Partnership Aims at Expanding Access to the Benefits of being Environmentally Accountable.
BOCA RATON, FLORIDA, UNITED STATES, April 26, 2019 /EINPresswire.com/ — The Entrex Capital Market joint venture with Long Blockchain LBCC, is pleased to announce the execution of a Material Definitive Agreement through an executed Letter of Intent to create a joint venture to establish a Carbon Trading market with Universal Solar Technology (UNSS).
The joint venture will use Entrex’s blockchain enabled technology platform to trade carbon credits, carbon offsets and other environmental securitized product. The platform would allow credits, offsets and other environment products to be found, researched, tracked, managed and traded via regulated entities through a compliant platform.
Entrex shareholders will receive 20% of the joint ventures revenues up to $31Mn distributed on a monthly basis and will own 40% of the equity of the entity. Universal will invest $4Mn in cash for 40% of the joint venture founding equity. Stephen H. Watkins, CEO of Entrex, is expected to join the UNSS Board of Directors. Universal also has a minimum buy-out option which allows it to purchase all remaining equity holders shares based on a minimum of 11.6 times a minimum trailing twelve-month EBITDA of $15Mn – resulting in a minimum enterprise value of $174Mn. This valuation is expected to be 15% below market comparables providing Universal an estimated $30Mn in additional market valuation when and if the option is exercised.
“We see companies and consumers interested in carbon neutrality and believe we can use our proven, blockchain enabled, platform for producers to efficiently list carbon products while providing buyers access to industry compliant products” said Stephen H. Watkins, CEO of the new joint venture.
“This is a tremendous transaction for UNSS and our investors” said Paul D. Landrew, CEO of Universal Solar. We expect the trading market to propel UNSS into a leadership position in the sector, utilizing the proven technology created by the Entrex team – but also gives the ability to buy out the equity owners – providing even more anticipated value for our shareholders.”
Read the full article here.
Talk about a game-changing partnership!
Universal Solar Technology, Inc. (UST, Inc.) is focused on the renewable energy sector through diversified product portfolios and various strategic partnerships. With the ever-increasing awareness of the need for environmental accountability, UST, Inc. is committed to being a catalyst in making practical solutions in this sector available through products, services and education.
Entrex continually seeks to improve entrepreneurial companies’ access to capital through a syndicate of regulated brokers and registered investment professionals.
Entrex’s financial technologies (“FinTech”) and regulatory technologies (“RegTech”) provides a system to find, research, track, manage and trade entrepreneurial securities for market constituents.
Check out Entrex’s video breakdown on their company here.
Long Blockchain Corp. is focused on developing and investing in globally scalable blockchain technology solutions. It is dedicated to becoming a significant blockchain business that creates long term value for its shareholders and the wider community by investing in and developing businesses that are “on-chain.” Blockchain technology is fundamentally changing the way people and businesses transact, and the Company will strive to be at the forefront of this dynamic industry, actively pursuing opportunities.
Blockchain acts as a public, decentralized ledger. This ledger provides a single, unified source of data, creating a clearer audit trail and consistency across parties. Long Blockchain Corp. believes that emerging blockchain technologies are creating a fundamental paradigm shift across the global marketplace, with far reaching applications across all industries including loyalty and rewards programs, financial services, consumer packaged goods, healthcare, and government agencies.
Now, this next part is very important. I’m going to be dropping updates over the next 24 hours on UNSS. To ensure you receive them, you need to do one “Action Step” right now:
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Study this company and this partnership closely as it could provide UNSS with the fuel for blastoff! Talk soon.