Tradewinds Universal (OTCID: TRWD) today announced that, following a review by the Company’s corporate advisors, it has developed an expanded acquisition and operating strategy designed to utilize its recently acquired SMS/MMS technology application, payment systems and related licensing capabilities to broaden the Company’s hospitality platform.
The strategy builds on TRWD’s recent acquisition of its communications technology platform and the Company’s continuing development of payment infrastructure. Together, these technologies are intended to provide TRWD with an additional pathway for establishing relationships with nightlife operators and acquisition targets.
Under the expanded model, TRWD intends to pursue licensing and relationships with qualified club operators that can incorporate the Company’s technology application and payment systems into their existing operations. The Company believes this approach can create recurring licensing and transaction-related revenue opportunities while allowing TRWD to establish an operating revenue producing relationship with venues before determining whether a full acquisition is appropriate.
Management believes the structure can make expansion more efficient by reducing the need for every new relationship to begin with the acquisition of an entire operating business. It also provides a pathway to work with established operators that may not currently be seeking to sell their venues but could benefit from TRWD’s technology, payment and management infrastructure.
“Our original objective of building a platform of more than 100 clubs was primarily based around acquisitions,” said Andrew Read, CEO of Tradewinds Universal. “By combining licensing, payments and other services with our acquisition strategy, we believe we can significantly expand the universe of venues that can participate in the TRWD platform. This gives us another avenue for growth while preserving the opportunity to pursue ownership where it makes strategic sense.”
TRWD will provide additional details regarding the licensing structure and proposed implementations in upcoming announcements.
About Tradewinds Universal
Tradewinds Universal (OTCID: TRWD) is a publicly traded holding company focused on acquiring, licensing and scaling adult hospitality businesses and related technologies. The Company’s strategy draws on industry experience and relationships that include operators of Peppermint Hippo venues, while expanding beyond any single venue group through technology, payment, management and licensing relationships across the broader adult nightlife industry. TRWD is pursuing consolidation of a fragmented market while developing infrastructure designed to support a growing national network of venues.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding licensing arrangements, payment systems, management services, acquisitions, expansion plans and potential revenue. Actual results may differ materially due to financing, regulatory, accounting, processor, integration, execution and market risks. No proposed licensing relationship or acquisition is assured until definitive agreements are executed. Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update them except as required by law.
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TRWD expands beyond acquisitions with a licensing-led strategy using SMS and payment technology to enable growth beyond 100 venues.
Contacts
Rocco Fuerte
Investor Relations, Tradewinds Universal
(619) 483-1008
Rocco@TradewindsUniversal.com