XTI Aircraft Company Receives SEC Qualification to Make New Crowdfunding Offering

TriFan 600 – Unmatched Versatility

True Point to Point Transportation

Modern,Cutting Edge Design

Crowdfunding investments resume under the new offering, as company approaches first test flights. Share price now at $1.50

Our offering on the StartEngine.com platform will continue to provide a rare opportunity for investors around the world to own a piece of the future of flight”

— Robert LaBelle, XTI CEO

DENVER, COLORADO, USA, September 20, 2018 /EINPresswire.com/ — After a pause in its crowdfunding campaign, XTI Aircraft Company (XTI) announced today that the U.S. Securities and Exchange Commission has qualified its latest round at an increased price of $1.50 per share under the company’s online equity crowdfunding program, www.startengine.com/xti-aircraft. Its prior crowdfunding round was priced at $1.00 per share.

“This is excellent timing. Our first prototype is almost complete and we’ll begin flight tests within the next few weeks”, said Robert LaBelle, CEO of XTI. “We continue to receive more orders for the TriFan 600 airplane, and we project higher sales for the company than previously estimated. We believe that this translates into reduced risk, a higher return for investors, and an increase in the company’s valuation.”

“Our offering on the StartEngine platform will continue to provide a rare opportunity for unaccredited and accredited investors around the world to own a piece of the future of flight,” LaBelle said. “The TriFan 600 vertical takeoff airplane will transform air travel. We thank all of our investors as well as StartEngine for making this possible.”

The TriFan 600 is a major breakthrough in aviation and air travel. The six-seat TriFan 600 will have the speed, range and comfort of a luxury business aircraft and the ability to take off and land vertically, like a helicopter. It will travel at 345 miles an hour, with a range of up to 1,200 miles. Using three ducted fans, the TriFan lifts off vertically. Its two wing fans then rotate forward for a seamless transition to initial climb then cruise. It will reach 30,000 feet in just ten minutes and cruise to the destination as a highly efficient aircraft.

Following XTI’s exhibits at the Paris Air Show in June 2017, the annual National Business Aviation Association’s convention in Las Vegas last October, XTI announced that it had booked 53 orders for the TriFan 600 under the company’s pre-sales program. “The market continues to recognize the value proposition of our unique and revolutionary airplane,” said LaBelle. “The company’s patented technology includes vertical takeoff combined with long-range, the speed and comfort of a business aircraft, and our quieter and cleaner state-of-the-art hybrid-electric propulsion system.”

XTI launched a formal stock offering in 2016 under SEC Regulation A, and the latest round of its offerings under Regulation A is now re-opened to all unaccredited and accredited investors around the globe. Shares in XTI may be purchased at www.startengine.com/xti-aircraft providing a unique opportunity for the general public to invest in an aerospace company with a game-changing product, a world-class leadership team, and significant growth potential.

Simultaneously with the equity crowdfunding financing, accredited investors may participate in XTI’s $25 million Series B round. Accredited investors seeking more information should contact Mr. LaBelle at rlabelle@xtiaircraft.com (571) 216-1594.

XTI Aircraft Company is a privately owned aviation business based near Denver. XTI is guided by a leadership team with decades of experience, a deep well of expertise, and success bringing new aircraft to market. XTI is founded on a culture of customer-focused problem solving to meet the evolving needs of modern travelers.

For information and updates about XTI Aircraft Company and the TriFan 600, visit www.xtiaircraft.com. To invest, go to www.startengine.com/xti-aircraft, or accredited investors may contact Mr. LaBelle at rlabelle@xtiaircraft.com. For information on reserving a priority position for the TriFan under the Company’s pre-sales program, contact Mr. LaBelle.

Media Contact for XTI Aircraft Company:
Diane Simard
Sr. Vice President/Director/Media Relations
Bye Aerospace
Direct: (303) 817-7676




# # #

Robert LaBelle
XTI Aircraft Co.
email us here

TriFan 600 – World’s First Hybrid Electric VTOL Aircraft

Source: EIN Presswire

A Catered Tax Marketing Company Emerges In 1040 Tax Biz Print

1040 Tax Biz Print Logo

1040 Tax Biz Print Logo

Screenshot of New 1040 Website

Screenshot of New 1040 Website

With a new site and new marketing services, 1040 Tax Biz Print arrives just in time to help tax professionals for the upcoming tax season.

KENDALL PARK, NEW JERSEY, UNITED STATES, September 20, 2018 /EINPresswire.com/ — Originally an exclusive print product provider to tax professionals, 1040 Tax Biz Print is no stranger to tax and accountant marketing. The company is spearheaded by marketing and tax preparation experts who are unafraid to do what it takes to keep up with marketing trends. As marketing began to see a major shift towards the online space, 1040 Tax Biz Print was not far behind. Now, the company is prepared to help growing tax firms with complete and versatile marketing services.

The biggest change that many people will first notice is their website. www.1040taxbizprint.com has been rebuilt to feature better navigation, cleaner design work, and an updated interface. Now, visitors have no problem finding information on what marketing services most interest them. The site is clean, functional, and reliable.

Furthermore, the 1040 Tax Biz Print team has been spending a lot of time improving their marketing skills in an online space. They have successfully carried over the traditional marketing expertise we saw when the company first emerged to become a more complete marketing presence. Some services in particular to take note of include social media marketing services, website SEO, email marketing, and online sweepstakes/coupons. This is in addition to the print services they are known for such as graphic design templates, wide format printing, and EDDM.

1040 Tax Biz Print mostly does their services via their website. There, customers are free to purchase any products they need, or contact 1040 Tax Biz Print via a contact form. They also encourage those active on social media to follow them on Facebook, Twitter, Instagram, and Linkedin, all under the company name 1040 Tax Biz Print. The team recommends anybody interested in their services to stay up to date with them on social media to receive upcoming deals and updates and tax news.

Michael Alfred
1040 Tax Biz Print
email us here

Source: EIN Presswire

ChiXi Consultants – Asian Markets Rise Following Cautious Global Outlook with Positive Trading in the US 20th September

Asian Markets Positive Following Upbeat Trading in the US

Asian stocks rose in early trade on Thursday following a second day of gains on global share markets.

MANHATTAN, NEW YORK, UNITED STATES, September 20, 2018 /EINPresswire.com/ — MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.05 percent in early trade in Asia, taking support from Wall Street overnight.

Japan’s Nikkei stock index was 0.2 percent higher, while Australian shares eased 0.3 percent.

The Dow Jones Industrial Average ended 0.61 percent higher on Wednesday at 26,405.76, its highest close since late January, while the S&P 500 gained 0.13 percent to 2,907.95.

The Nasdaq Composite dropped less than 0.1 percent, to 7,950.04, pulled down by a fall in Microsoft.

U.S. shares had been boosted by expectations that the impact of the Sino-U.S. trade war would be smaller than feared, with the U.S. fiscal policy package potentially outweighing any negative impact.

Analyst at ChiXi Consultants, Oliver De Gruen , cautioned in a note that housing data out this week showed signs of weakness despite a headline jump.

He said housing starts had been strong, but building permits – a indicator of future activity – were at their lowest since May 2017.

“The housing market remains a specific point of weakness in the U.S. economy and while not in focus, it could be important… housing data on Tuesday wasn’t encouraging on net.”

The rally in global stocks has been accompanied by falls in U.S. bonds and the Japanese yen. The yield on benchmark 10-year Treasury notes, which on Wednesday touched its highest level since May 18, was at 3.0626 percent Thursday, compared with its U.S. close of 3.083 percent.

This week’s rise in yields comes ahead of what is expected to be a hawkish meeting of the U.S. Federal Reserve next week.

The two-year yield, which is sensitive to market expectations of Fed rate hikes, was at 2.7949 percent compared with a U.S. close of 2.807 percent.

The dollar was flat against the yen at 112.26, and against the euro at $1.1673.

The dollar index, which tracks the greenback against a basket of six major rivals, was nearly unchanged at 94.558.

U.S. crude ticked up 0.4 percent at $71.43 a barrel, adding to a rise Wednesday after new data showed U.S. crude inventories fell 2.1 million barrels last week, its fifth weekly drawdown, to 394.1 million barrels.

That was the lowest level since February 2015.

Brent crude fell 0.1 percent to $79.31 per barrel.

A weakening dollar pushed up the price of gold on Wednesday, but the precious metal was flat on Thursday morning in Asia. Spot gold was trading at $1,203.61 per ounce.

The robustness seen in the US markets specifically is a sign that investors are pragmatic about the continued tariff war between the US and China. Whilst there are bound to be casualties in certain sectors, the majority of the indexes look to have drawn a line under the possible issues and have already priced in any potential negative outcomes.

About ChiXi Consultants:

ChiXi Consultants is a Financial Planning and Investment Advisory firm that is geared toward individuals and institutions who are looking to achieve extraordinary levels of success. Our clients range from entrepreneurs, executives, board members and institutions who demand the same excellence in their advisors that they have demonstrated in their own lives. They require an intensely personal approach that relies upon years of experience, attention to detail, and above all else, objectivity and this is what ChiXi Consultants prides itself on providing.

To find out more about ChiXi Consultants, contact us at info@chixi-consultants.com for further information or visit our website at www.chixi-consultants.com

Jonathan Worthing
ChiXi Consultants
email us here

Source: EIN Presswire

New Partner Named at Zibtek Pvt.Ltd, Bengaluru, India

Raja Ganabathi,joins as a partner in Zibtek Pvt.Ltd, Bengaluru, India. Zibtek is confident that this new association will help the company to continue to grow.

BANGALORE, KARNATAKA, INDIA, September 20, 2018 /EINPresswire.com/ — Zibtek is one of the world's leading software, web, and mobile development companies. Their clients include companies such as Google, Adobe, Princeton Review, Sprint, Node JS, Chegg and many more.

They have a unique outsourcing model that can save almost 60% of costs in software development while maintaining the highest standards of quality. Their model enables clients to work with offshore developers managed by an experienced and professional US team in developing the software.

Zibtek first entered India in 2009. They set up their first office in Pune around the same time. Almost 300 employees continue to work in Pune. In an endeavor to expand their operations, Zibtek welcomes the new partner and the Bangaluru office.

Raja Ganabathi is a graduate who has vast experience in various fields. He is also the director of BNSE design solutions based out the USA. He has also worked as a business development manager in Valcom IT services. These experiences have helped him gain immense knowledge and expertise.

As part of its new development, Zibtek is planning to open Business Process Outsourcing (BPO) services. With focused marketing and development on BPO services, Zibtek will soon have full-fledged operations.

About Zibtek: Zibtek is one the world's leading software, web, and mobile development companies. They provide various services such as digital marketing, design, and BPO. Because they work efficiently while providing high-quality development, they have a growing customers base. They have the capability to deliver the best product or service in a highly competitive global, digital economy.


Zibtek Pvt Ltd
NO.651-5M, RAIS PINNACLE, 2nd Floor,
OMBR Layout, Banaswadi,
Bangalore, 560016. India.

Raja Ganabathi
email us here

Source: EIN Presswire

MENTIS named to DBTA 100 2018

Data and application security pioneer included in DBTA’s Top 100 companies for its vision and innovation in delivering products and services to the marketplace.

Inclusion in this list speaks directly to our continued innovation with products that anticipate tomorrow’s needs.”

— Rajesh Parthasarathy, founder and CEO of MENTIS

NEW YORK, NY, USA, September 20, 2018 /EINPresswire.com/ — MENTIS today announced its inclusion by Database Trends and Applications in its 6th annual DBTA 100 – The Companies That Matter Most in Data. This list assesses a wide variety of hardware, software, and services companies that are providing solutions for a rapidly evolving marketplace.
MENTIS, the pioneer in data and application security solutions, has been providing enterprise customers around the globe with solutions to help secure sensitive data and meet regulatory compliance requirements since 2004. Headquartered in New York, MENTIS has offices in the US, India, and Latin America, and is expanding its footprint with offices in Europe.

Rajesh Parthasarathy, founder and CEO of MENTIS commented, “We are pleased that DBTA continues to recognize MENTIS’ achievements by including us in the DBTA 100 for the second year in a row. Our focus is partnering with our customers to help them meet the everyday challenges of data governance. They need to put their data to work for them, so availability, performance, and the ability to securely move data is paramount. Inclusion in this list speaks directly to our continued innovation with products that anticipate tomorrow’s needs. Our solutions are designed to bring added value to data-driven businesses and as the market evolves, we will continue to break new ground.”
Suresh Sundaram, Executive Director at MENTIS, added, “Whether application specific or as an enterprise-wide platform, MENTIS’ cutting-edge data security solutions enable compliance enforcement, cross-border data access, test data management, and security for sensitive data in cloud applications and data warehouses – with the focus of delivering business value.”

In its announcement, DBTA stated, “The IT landscape has become more complex—and that trend is certainly continuing. However, innovative vendors are helping to point the way forward with technologies and services to take advantage of the wealth of data that is pouring into companies.”

DBTA added, “With a mission to keep enterprise-sensitive data safe along the full information lifecycle, MENTIS offers data security solutions including discovery, static, and dynamic data masking, continuous monitoring, and retirement solutions for meeting a range of security and compliance mandates.” DBTA goes on to note that MENTIS has in-built separation of duties, allowing stakeholders across the IT, business, and security and compliance groups to collaborate for comprehensive and consistent data security.

To read the article and see the list, click here.


Founded in 2004, MENTIS has been in the data security field for close to 14 years now. With a product suite offering security solutions for data security throughout the sensitive data lifecycle, MENTIS has established itself as a force to reckon with in this space.

MENTIS’ sensitive data security solutions proactively tackle sensitive data risk along the full information lifecycle. In addition to the company’s ground-breaking discovery solution for sensitive data, the platform also includes static and dynamic data masking, continuous monitoring, and retirement solutions for meeting security and compliance mandates.
Over the years, MENTIS has been recognized by reputed analysts like Gartner and Bloor for their innovative products and comprehensive data and application security solutions. A few of MENTIS’ clients today include one of the top two Swiss banks, a multinational conglomerate based in the US, a leading airline service provider in Canada and many more.
For more information on MENTIS and our products, visit our website http://www.mentisoftware.com/

Nupura Ughade
+91 9011788799
email us here

Source: EIN Presswire

Zibtek Hires New VP of Marketing

Zibtek’s focus has been on marketing and sales ever since they opened the new office. They made a step forward by hiring the VP of Marketing, Amit Ashwini.

BANGALORE, KARNATAKA, INDIA, September 20, 2018 /EINPresswire.com/ — Zibtek has been a leader in software development for almost 13 years now, and they first entered India nearly nine years back in 2009. Their first office was set up in Pune. There are almost 300 employees working in that office now, and they opened their second office in Bengaluru on April 4, 2018. Raja Ganabathi joined as a partner at Zibtek and was instrumental in setting up the Bengaluru office.

Since the core reason for opening another office in Bengaluru is to enhance their marketing and sales efforts, they hired Amit Ashwini as the VP of Marketing. Amit is a B.Tech graduate from NIT Jamshedpur with an MBA in Marketing Psychology from Delhi University. He started as VP of Marketing on June 1, 2018. He has nearly ten years of experience in various fields, marketing being his core strength.

Previously, he worked for Cognitive Cloud as Director of Marketing. He was instrumental in growing the company's turnover from $100K and 13 employees to $10M and 100 employees. Because of his efforts, the company saw almost 90% of the closures coming from inbound channels like SEO, social and other referral sites.

"I want to make ZIbtek the one stop solution for all of the software development needs," said Amit Ashwini. He also said, " The only way we can accomplish this is by identifying the strengths and working towards making our brand unique and distinct from our competitors so that people realize that we are the best software development company." He is excited to work with this esteemed organization and wants to make a difference to the company through his contributions here.

About Zibtek: Zibtek is one of the leading software, web, and mobile development companies in the world. Besides the US, they work with talent in India, Bulgaria, and the Philippines. Some of their prominent clients include: Google, Chegg, Adobe, PlanHub, Sprint and Princeton Review.

By using Zibtek’s unique outsourcing model with onshore project management, companies can save up to 60% of their software development costs while receiving premium services.


Zibtek Pvt Ltd
NO.651-5M, RAIS PINNACLE, 2nd Floor,
OMBR Layout, Banaswadi,
Bangalore, 560016. India.

Raja Ganabathi
Zibtek Pvt Ltd
email us here

Source: EIN Presswire

Healthcare Must Change: New Intermountain Transformation Center to Lead Global Advance in Healthcare Delivery

New Intermountain Transformation Center

I'm making this gift because Intermountain Healthcare has expertise of great importance to the world.”

— Kem C. Gardner

SALT LAKE CITY, UTAH, USA, September 19, 2018 /EINPresswire.com/ — Intermountain Healthcare has opened its 120,000 square-foot Kem C. Gardner Intermountain Transformation Center. It is the home for multiple institutes and programs that are transforming the way medical care is provided in the U.S. and globally to achieve the highest clinical quality at the lowest sustainable cost.

Intermountain’s Clinical Program leadership teams of scientists and doctors will work at the new facility to research, innovate, and develop best practices to enhance care around the world. With more than 1,500 active research studies in more than 20 clinical areas, the Transformation Center is equipped to make medical discoveries that improve care and save lives.

Here’s a look at how the new facility will help Intermountain clinicians improve healthcare both in the U.S. and abroad:

• Innovation. Advancements in healthcare being developed at Intermountain will continue forward in the new facility, including creating tools to better meet the needs of caregivers and patients. For example, with the Innovation Lab at the Transformation Center, 3D technology is being used to print copies of patient organs. This allows clinicians to gain additional insight into performing life-changing surgeries that weren’t previously possible.

• Economic Benefit for Utah. This center will be a boon to the Utah economy with the many health professionals from around the U.S. and the world that will come to the Salt Lake City-area to receive training. For example, the internationally renowned Intermountain Healthcare Delivery Institute, which has relocated to the Transformation Center, has already attracted more than 5,000 doctors, nurses, and others attend its courses.

• Leadership Development. A new offering from The Institute for Healthcare Leadership, led by Intermountain president emeritus Charles Sorenson, MD, will offer leadership training courses for medical professionals. The Institute includes a unique simulation center where participants practice leadership scenarios using simulation. The Institute will focus on improving leaders’ communication, teamwork, and how to engage their teams.

• Collaboration with top healthcare leaders. Healthcare experts from all over the world are invited to the center to collaborate and share ideas to improve healthcare for patients worldwide.

• Partnerships. The Center has partnered with CHIME Innovation to collaborate with innovative healthcare IT leaders from across the globe.

“We are stewards of Intermountain’s long tradition of innovation, and this Transformation Center will be a hotbed, locally, regionally, nationally, and globally as we seek to advance that tradition,” said Marc Harrison, MD, Intermountain Healthcare president and CEO, at a dedication ceremony.

The Transformation Center is located on the campus of Intermountain Medical Center in Murray, Utah, and is named after Kem C. Gardner, who served on Intermountain boards for 36 years and was Chair of the Intermountain Board of Trustees from 2007-2012. He currently chairs the Intermountain Foundation Board.

Mr. Gardner donated $20 million toward the construction of the Transformation Center.

"I'm making this gift because Intermountain Healthcare has expertise of great importance to the world," Gardner said. "The programs housed in the Transformation Center will do so much to improve the health and care available to people in Utah and around the world.”

Intermountain Healthcare is a Utah-based not-for-profit system of 23 hospitals, 170 clinics, a Medical Group with about 2,300 employed physicians and advanced practice clinicians, a health plans group called SelectHealth, and other medical services. Intermountain is widely recognized as a leader in transforming healthcare through high quality and sustainable costs. For more information about Intermountain, visit www.intermountainhealthcare.org.

Daron Cowley
Intermountain Healthcare
email us here

Source: EIN Presswire

Wells Fargo offering loan mod scandal victims lowball settlements, mediation instead of fair compensation

Wells Fargo home mortgage logo

DannLaw suspects troubled bank has understated number of victims, urges all Wells borrowers who sought loan mods between 2010 and 2015 to seek legal advice.

CLEVELAND, OHIO, UNITED STATES, September 19, 2018 /EINPresswire.com/ — Earlier this year Wells Fargo revealed in an SEC filing that a “software glitch” caused the bank to improperly deny mortgage loan modifications to 625 homeowners between 2010 and 2015. At the time, Wells said it had set aside eight million dollars to compensate borrowers impacted by the mistake, including the 400 families who lost their homes to foreclosure. Now victims of the incident are receiving checks from Wells. Attorney Marc Dann, founder and managing partner of DannLaw, is urging them to seek legal advice before accepting the money.

“A number of borrowers who received checks from Wells have contacted us to ask if the amount being offered is fair,” Atty. Dann said. “Obviously, families who went through the trauma of losing or almost losing their homes due to Wells’ incompetence deserve more than a few thousand bucks—especially if the company violated federal lending laws and rules. We’ve launched an investigation to determine if that’s true. No one should cash a check they receive from the company or sign a settlement agreement until our inquiry is complete.”

That investigation is likely to reveal Wells has understated the number of people damaged by the glitch. “Company officials admit 625 borrowers were improperly denied modifications,” Atty. Dann noted. “But that’s only part of the story. The same software error may have caused loan mods that were granted to be miscalculated. As a result, thousands of homeowners may be making payments that are much higher than they should be.”

“Wells has no intention of telling them about the problem, so we’re making a concerted effort to alert anyone whose mortgage was modified by Wells Fargo between 2010 and 2015 that they may have been cheated,” he said noting that borrowers with "conventional" loans owned by Fannie Mae or Freddie Mac comprise the pool of potential victims.

“Talking to those folks will enable us to assess whether and to what extent Wells violated lending laws and regs, including the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA)” Atty. Dann explained. “If we discover the law has been violated, borrowers could receive thousands of dollars in compensation from Wells whether they are a member of the group of 625 homeowners the bank admits to abusing or someone whose loan mod was miscalculated. In either case, we’re able and eager to take legal steps that will hold Wells accountable for its actions and make victims whole.”

Borrowers who receive a compensation/settlement check from Wells, as well as those who received a loan modification from the bank between 2010 and 2015, may call 877-452-1026 to arrange a free consultation with DannLaw.

For more information about the Wells Fargo loan mod situation, contact Atty. Marc Dann by phone at 216-452-1026 or via email at mdann@dannlaw.com

The Dann Law Firm
email us here

Source: EIN Presswire

Andrew Cratsenberg sells substantial Federal Way property to fund new investments

Andrew Cratsenberg Jr Federal Way

In the city's largest retail transaction in over a decade, Andrew Cratsenberg Jr has agreed on a deal to sell Federal Way's prominent Center Plaza.

FEDERAL WAY, WASHINGTON, UNITED STATES, September 19, 2018 /EINPresswire.com/ — In a deal arranged by Andrew Cratsenberg Jr and Cratsenberg Properties, LLC, and brokered by Capital Pacific, the sale also includes a nearby Red Lobster, Starbucks, and a currently vacant parcel of land which Cratsenberg suggests is primed for redevelopment by the new owners.

Selling for $14.2 million, the 7.74-acre site boasts 74,000 square feet of leasable space, including a trio of strip malls, each with 90 percent current occupancy. Center Plaza strip mall tenants include Subway, Pacific Island Grill, Total Vape, Al's Music, Elegant Nails & Foot Massage, Games & Video, and Peking Express.

Center Plaza is positioned adjacent to regional shopping mall The Commons at Federal Way and is just south of the city's Town Square Park.

Andrew (Butch) Cratsenberg intends to use the sales funds through a 1031 tax-deferred exchange in order to invest in further commercial properties in Washington, as well as in Arizona. Several such properties are currently under contract to purchase. A 1031 tax-deferred exchange allows for the sale of property in order to use the funds to purchase like-kind property or properties without the need to pay capital gains on the sale.

It's understood that Center Plaza's new owners are keen to keep existing tenants while also upgrading the property starting with new signage and improved landscaping. It is not believed that the site is planned for any major redevelopment.

Located along South 320th Street, Federal Way between Highway 99 and Interstate 5, the city's Mayor Jim Farrell is currently working to turn several nearby parcels of land into a town center. The city currently owns over 20 acres of land on South 316th Street and 20th Avenue, Federal Way, much of which has been designated to three 'town center' phases.

Town Center 1, Town Center 2, and Town Center 3 will include a new performing arts venue for Federal Way with an attached 125 room hotel, park, and numerous other mixed-use developments. As part of the project, the city's mayor also intends to bring a university to Federal Way, according to recent reports.

Following the sale by Andrew Cratsenberg and Cratsenberg Properties, LLC, it's hoped that Center Plaza, which was originally purchased by Andrew Cratsenberg Sr., will now grow along with the municipality's planned developments.

Eric Ash
Web Presence, LLC
email us here

Source: EIN Presswire

The Money Pouch Launches EUR & GBP Strategies

The Money Pouch, a free automated stock trading app, is launching EUR & GBP strategies to compliment its successful USD strategy.

SINGAPORE, SINGAPORE, September 20, 2018 /EINPresswire.com/ — The Money Pouch is a free wealth management app which allows you to trade stocks on autopilot.

The Money Pouch has been running successful ETF strategies in USD for the last 18 months, but now The Money Pouch is expanding to allow GBP & EUR strategies for clients.

This is particularly useful for clients who cannot trade USD ETFs due to PRIIPs regulation.

PRIIPs (Packaged Retail Investment and Insurance Products) are a set of EU investment regulations designed to protect consumers. PRIIPs require fund providers including ETF providers to produce a Key Information Document (KID) that enables investors to compare the risks, rewards and costs of different investment products.

European-domiciled UCITS ETFs were ready with their new KIDs when PRIIPs came into force alongside the MiFID II rules at the beginning of 2018. However US-domiciled ETFs did not comply and, as they mostly serve the US market, producing EU-approved information at their own cost is not a priority. So, many clients could no longer trade these USD ETFs.

Also, many clients are paid in EUR, but based in Asia or elsewhere worldwide and were asking us to create EUR strategies. The Money Pouch has gone one better and also included GBP strategies. Althogether, there are now 9 strategies available in USD, EUR and GBP for a conservative, balanced and adventurous risk profile.

The Money Pouch has now been downloaded over 10,000 times on Android and Apple mobile phones since its launch in February 2018. The Money Pouch was also listed in the Top 3 Business to Consumer Roboadviser Apps by Kaplan Capital in Hong Kong.

The Money Pouch offers clients a free risk questionnaire, where they can find out their free risk score. This score is then used to allocate an investment portfolio which suits a client's risk tolerance. For example, someone who is cautious with how they invest their monies will be placed into the conservative risk strategy, whilst a younger person with a higher propensity to risk, will be placed in the adventurous strategy. Those who are neither risk seekers or avoiders can set up a balanced strategy.

The Money Pouch aims to make 1% – 2% returns per month over a 5 year period depending on a clients' risk tolerance. Not every month will be a winning month and you can expect some losing months over any one year period. This is why investing in stocks and ETFs is a long game. You must remain invested for a 5 year period or more.

The Money Pouch team has a wealth of experience and have built over 400 successful trading algorithms. The Money Pouch app allows for automated stock trading of equity and bond ETFs. You can see the video below to find out how to set up an automated trading account in less than 10 minutes. Once an account has been approved by compliance, which normally takes a few days, you will then be able to fund your account.

The minimum initial deposit is only 10,000 USD. Clients who are worried about tax or court litigation also have the option to set up accounts via offshore companies, offshore trusts or offshore foundations. Joint accounts are also allowed.

Anyone who is an existing Interactive Brokers client, can easily transfer their account over to The Money Pouch with a simple one page form. This will suit clients who don't have time to trade very day or who have accounts which are not trading as they might like. The video below explains how to set up an automated stock trading account. You can set up an account in less than 10 minutes and you can start to trade like the pros immediately.

Click the link below to learn more about the Money Pouch's investment strategies and download the free apps on Google Play and iTunes.


Richard Malpass
Hudson James Investment Management
+1284 494 8945
email us here

Source: EIN Presswire