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    MPH Ventures Corp.  377  0 Kommentare MPH Ventures to Invest in Cash-Flowing Travel Media Company Servicing Travelers to Cuba by Signing LOI to Acquire Interest in Travelucion

    TSX Venture Exchange Symbol: MPS

    Email: info@mphventurescorp.com


    May 27, 2015


    Vancouver, BC - MPH Ventures Corp. (TSX-V: MPS) (OTCBB: MPSFF) (Frankfurt: IJA2) (the "Company") is pleased to announce that it has entered into a Letter of Intent ("LOI") which outlines the general terms and conditions of a proposed transaction with certain shareholders of Travelucion S.L (the "Selling Shareholders") pursuant to which the Company shall acquire a 20% minority interest in Travelucion S.L in exchange for common shares of MPH Ventures with an option to acquire the remaining 80% interest.

    Travelucion is a cash-flow positive travel media company that specializes in travel marketing, electronic reservation and online booking solutions for international visitors to Cuba. It owns one of the most significant portfolios of Cuba focused web properties and domains that have been promoting Cuba and offering online travel services to the Caribbean nation since 1995. Recently, Travelucion's revenues have been increasing in the wake of the notable shift in American policy towards Cuba as diplomatic relations between the two nations begin to normalize and US travel restrictions expected to gradually relax.

    Travelucion owns 100% of over 450 web assets popularizing Cuban Culture, Music, Celebrities, +60 major destinations, Golf, Banking and Commerce which collectively generate approximately 20 million page-views per year. Through legacy agreements with Cuba's largest travel companies, Travelucion's emblematic e-commerce brands like Havanatur.com, Cuba VIP and GoCuba provide the company with access to a broader and more diverse portfolio of national travel and tourism packages in Cuba than any other travel provider. Travelucion is also uniquely established to handle the travel requirements of qualified US travelers to Cuba. This allows permitted US travelers, in addition to non-US travelers, the ability to indulge in high end hotel and spa accommodations or create uniquely Cuban travel packages with exclusive private home rentals, exotic/antique car services and access to a multitude of exhilarating guided or self-discovery tours across Cuba. Travelucion has also developed a strong social media platform consisting of over 60,000 passionate Cuba social media followers across Facebook, Twitter, Pinterest and Instagram.

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    MPH Ventures Corp. MPH Ventures to Invest in Cash-Flowing Travel Media Company Servicing Travelers to Cuba by Signing LOI to Acquire Interest in Travelucion TSX Venture Exchange Symbol: MPS Email: info@mphventurescorp.com May 27, 2015 Vancouver, BC - MPH Ventures Corp. (TSX-V: MPS) (OTCBB: MPSFF) (Frankfurt: IJA2) (the "Company") is pleased to announce that it has entered into a Letter of Intent …