Dematco, Inc. Announces Another European Investor Group to Dematerialize More Senior Life Settlement Policies Through Dematco, Ltd.
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Dematco, Inc. (OTCBB:DMAT) announces wholly owned subsidiary Dematco, Ltd. has been engaged by another leading European investor group to dematerialize more Senior Life Settlement Units (SLSU) from Senior Life Settlement policies. Dematco, Ltd. converts all manner of paper instruments into electronically transferable units; and for this their second contract the Company received an initial stage payment of $75,000. A $30,000,000 face value project, Dematco expects to receive $525,000 in payment for services upon completion of the dematerialization. The units will be traded through Private Trading Systems PLC (PlusMarkets:PTSP), a proprietary trading and clearing system. The Company has a working business relationship with Private Trading Systems.
