HelpHub Services Inc. receives strategic investment
FOR IMMEDIATE RELEASE
“Sora Capital investee company HelpHub Services Inc. receives strategic investment.”
Vancouver, British Columbia – August 19, 2015 – (SOR: CSE) – Sora Capital Corp. (the “Company”) announces HelpHub Services Inc. has received a strategic investment from Kasel Investments.
As part of the transaction Kasel Investments purchased 75,000 shares of HelpHub from Sora Capital, the proceeds from which the Company used to purchase 25,000 shares of HelpHub. As consideration for this transaction the Company receives an option to purchase 50,000 shares at a nominal price contingent upon HelpHub completing its next equity financing on qualified terms.
Paul Reinhart, President and CEO of Sora Capital comments, “We are pleased to welcome Kasel Investments participation in HelpHub. This fits within Sora’s business model of investing in earlier stage technology companies and supporting their growth, putting HelpHub in a position to attract new capital as required. HelpHub continues to grow its business and with the addition of new capital from sophisticated investors is well positioned in the market place for continued success.”
About Sora Capital Corp.
Based in Vancouver, BC, Sora Capital Corp. (http://soracapital.ca) currently has strategic investments in two technology companies, HelpHub Services Inc. (https://helphub.com) and RosterBot Inc. (https://RosterBot.com).Both companies are in the Software as a Service (SaaS) segment of the technology industry.
About HelpHub Services Inc.
“HelpHub is a real-time open market connecting students and tutors anytime, anywhere. HelpHub enables students to instantly connect with experts in over 500 subjects, from over 60 countries. With whatever students need help—whether it’s a five-minute session or an hour-long, recurring weekly session—HelpHub accommodates any schedule. HelpHub provides tools for tutors that allows them to manage, develop, and grow their tutoring business and also enables them connect with students via video, phone, in-person, and from their mobile devices. HelpHub is available on desktop or as an app for iOS devices in the iTunes store.”
About RosterBot Inc.
RosterBot is the internet’s leading free sports team management service, and currently helps teams of all ages to “Take The Work Out of Play” in over 60 countries and more than 350 different types of sports and activities worldwide. RosterBot offers the most comprehensive suite of team scheduling, bookkeeping, and collaboration tools available on mobile devices via the iTunes or Google Play stores and on the web at RosterBot.com
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