MOTA VENTURES : SIGNS LOI TO ACQUIRE ECOMMERCE PLATFORM LEADER UNIFIED FUNDING, LLC, WHICH GENERATED $96.5M IN CONSUMER TRANSACTIONS IN 2019 – marketscreener.com

VANCOUVER – Mota Ventures Corp. (CSE: MOTA FSE: 1WZ:GR OTC: PEMTF) (the ‘Company’) is excited to announce it has entered into a Letter of Intent (the ‘LOI’) dated May 21, 2020, to evaluate the acquisition (the ‘Proposed Transaction’) of Unified Funding, LLC (‘Unified’).Since inception in 2015, Unified has generated a database of over one million customers and has facilitated over Cdn$375,000,000 in consumer transactions. Powered by its proprietary technology platform, Unified has created an eCommerce ecosystem to scale its brands and achieve profitability targets through data analysis, strategic customer acquisition and supply chain management. Founded by partners with more than a decade of eCommerce and technology experience, Unified has rapidly grown into a formidable business focused on aggressive expansion in the natural health products market.Unified’s diverse platform generates revenue from; licensing, marketing and product fulfillment fees supporting brands in skin care, essential oils, men’s health, weight management and CBD including MOTA’s recently audited Nature’s Exclusive brand.‘A transaction with Unified is another step forward in our expansion as a global eCommerce business. This is the platform and personnel necessary for MOTA to launch and grow brands, such as Nature’s Exclusive, which we acquired from Unified in January of 2020. Unified has developed a comprehensive eCommerce platform that is ideally suited for the natural health products sector. Integration of their platform and the personnel to run it will allow us to rapidly deploy new products and expand into new natural health product segments and markets,’ stated Ryan Hoggan, CEO of the Company. Beyond Unified’s comprehensive eCommerce technology platform, their services assist brands with launching and scaling customer acquisition strategies. Through a worldwide network of media partners, Unified is able to closely monitor market trends to guide product innovation and marketing strategies that yield profitable results.About Mota Ventures Corp.Mota is an established eCommerce, direct to consumer provider of a wide range of CBD products in the United States and Europe. In the United States, the company sells a CBD hemp-oil formulation derived from hemp grown and formulated in the US through its Nature’s Exclusive brands. Within Europe, its Sativida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. Mota Ventures is also seeking to acquire additional revenue producing CBD brands and operations in both Europe and North America, with the goal of establishing an international distribution network for CBD products. Low cost production, coupled with international, direct to customer, sales channels will provide the foundation for the success of Mota Ventures.About Unified Funding, LLCFounded in 2015 by partners with more than a decade of eCommerce and technology experience, Unified has rapidly grown into a formidable organization focused on aggressive expansion in the natural health products market. Powered by its proprietary technology platform, the company has created an eCommerce ecosystem to scale its brands and achieve profitability targets through data analysis, strategic customer acquisition and supply chain management.Contact:Joel ShackerTel: +604.423.4733Email: IR@motaventuresco.comWeb: www.motaventuresco.com(C) 2020 Electronic News Publishing, source ENP Newswire Source: https://www.marketscreener.com/MOTA-VENTURES-CORP-55018357/news/MOTA-VENTURES-SIGNS-LOI-TO-ACQUIRE-ECOMMERCE-PLATFORM-LEADER-UNIFIED-FUNDING-LLC-WHICH-GENERATED-30673526/