DARKSTAR VENTURES ISSUES SHAREHOLDER UPDATE
January 22 2018 - 4:35PM
InvestorsHub NewsWire
DARKSTAR VENTURES ISSUES
SHAREHOLDER UPDATE
Highlights Recent
Developments, Milestones, and Events
Jerusalem, Israel -- January 22, 2018 -- InvestorsHub
NewsWire -- DARKSTAR VENTURES, INC (OTC: DAVC) and Subsidiary
Bengio Urban Renewal announces today that the Company is moving
forward on preparation endeavors for the launch of projects under
the Tama Classification in Israel.
The Company also announces that it was flagged by the OTC
Markets Group (the "OTC") for “promotional activities” and labeled
with Caveat Emptor. The Company has become aware of
unauthorized, recent third-party promotional activities, which may
have encouraged trading activity in the Company's
stock. Neither the Company nor any of its affiliates solicited
or paid for the third-party reports, and the Company has been in
communication with the OTC regarding this matter. Management
understands that this is a safety measure for the OTC to enact with
intentions to protect the investing public.
Darkstar Ventures confirms it is fully compliant with its
current reporting requirements. The Company also confirms it
is not involved in any type of stock promotion activities outside
of the normal course of business, and believes some of the
statements made in the unauthorized, third-party promotional
activities may be misleading to investors.
Bengio Urban Renewal, as recently announced, prepares for the
first of a several building projects that the Company has
established. The first will be the demolition of a edifice
consisting of 12 units, and the construction of 36 units in its
place. This project represents an excellent opportunity for Bengio,
whereas upon completion the Company can yield an outstanding rate
of return, calculated to exceed 2 million dollars, earning full
ownership of all additional property built above the original
restructured building.
"We are resolute in building upon our Company’s business model.
There is substantial interest in the opportunities at hand," said
Mr. Avraham Bengio, Darkstar Ventures CEO. "Our goal is to build
value in the Company through the development of properties and
accumulation of real-estate assets, thus creating long-term
tangible value for our shareholders."
All authorized information regarding the Company can be found in
the reports it files with the Securities and Exchange Commission
(the "SEC") and/or the press releases issued by the Company. The
Company's filings and press releases are available to the public
through OTCMarkets.com website.
Forward-Looking Statements: Certain matters
discussed in this press release may be forward-looking
statements. Such matters involve risks and uncertainties that
may cause actual results to differ materially, including the
following: changes in economic conditions; general competitive
factors; the Company's success in obtaining new customers; the
Company's ability to execute its business model and strategic
plans; the Company's success in integrating acquired entities and
assets, and all the risks and related information described from
time to time in the Company's filings with the Securities and
Exchange Commission ("SEC"), including the financial statements and
related information contained in the Company's Annual Report on
Form 10-K and interim Quarterly Reports on Form 10-Q. The
Company assumes no obligation to update the cautionary
Information in this release.
SOURCE DARKSTAR VENTURES, INC.
Contact: Mr. Avraham Bengio, Tel:972(0)73-2592084,
bengio2010@gmail.com