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Displaying items by tag: Sparta Commercial

Tuesday, 11 December 2018 15:01

Sparta Commercial Services Launches New CBD Line

Tuesday, December 11, 2018 1:05 PMi>

NEW YORK, NY / ACCESSWIRE / December 11, 2018 / Sparta Commercial Services Inc. (OTC PINK: SRCO), a provider of e-commerce services, announces the launch of New World Health Brands CBD (www.newworldhealthcbd.com), a distributor of premium grade hemp cannabidiol products.

The product line includes: capsules, oils, tablets, balms, pet and livestock tinctures. Sparta has created consumer-facing e-commerce platforms (website & mobile app) for New World Health CBD to offer full-spectrum hemp cannabidiol (CBD) products, in addition to an affiliate program to further promote our brand.

"We are very excited to enter the growing cannabidiol market with a wide variety of CBD products," says Anthony L. Havens, Chairman & CEO of Sparta Commercial. "Management has been working to expand distribution, and to develop a diverse range of products that will provide consumers a variety of ways to achieve their wellness goals."

About Sparta Commercial Services Inc.

Sparta Commercial Services, Inc. (www.spartacommercial.com), through its subsidiary, iMobile Solutions, Inc., provides comprehensive vehicle title history reports to dealers, insurance companies, credit unions and consumers. Sparta, via its iMobileApp product (www.imobileapp.com), has also become a leader in developing and servicing custom mobile apps for a wide range of businesses including restaurants, liquor stores, racetracks, and clubs; as well as vehicle dealerships including Harley-Davidson® and John Deere. Other mobile communications products offered by Sparta include website design, development, hosting and SEO services, and a text messaging and alert service. Sparta's Municipal Leasing Division (www.spartamunicipal.com) offers and administers a specialized municipal leasing program for local and state agencies with jurisdictions seeking a better way to finance their growing essential equipment needs such as police motorcycles and cruisers, EMS equipment and busses, and any type of equipment a municipality requires. The latest product offering, via www.newworldhealthcbd.com, offers a fully array of hemp-derived CBD products that include oils, topicals, capsules, tablets, pet and livestock tinctures.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are valid only as of today and we disclaim any obligation to update this information. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, competition, financing and commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, system interruption, consumer and industry trends, limited operating history, and government regulation. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov.

Company Contact:

Sandra L. Ahman
Corporate Secretary
Sparta Commercial Services, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.

SOURCE: Sparta Commercial Services Inc.

Published in Business
Thursday, 29 November 2018 13:50

Sparta Commercial Shareholder Update - November 2018

Thursday, November 29, 2018 11:45 AM

NEW YORK, NY / ACCESSWIRE / November 29, 2018 / Sparta Commercial Services Inc. ("Sparta" or the "Company"), (OTC PINK: SRCO), a premiere provider of mobile app, website and text messaging technology solutions, and vehicle history reports, along with municipal and commercial financing services in North America is pleased to provide an update on its core business operations.

iMobile App

This division continues to widen its mobile app audience beyond vehicle dealerships, racetracks, restaurants, and liquor stores, through the addition of consumer and employee-facing mobile app clients for a wide variety of small and medium sized business usage. We have been marketing to the Golf and Country Club sector as well as private schools utilizing the relationships we have formed with industry professionals. This division continues to receive interest from clients who have organically found the company or who have responded to our social media campaigns.

  • New clients include:
    • The Glen Club, a KemperSports Club w/ Top 100 Golf Course - Glenview, IL
    • Nassau Country Club with over 100 years of history - Glen Cove, NY
    • The Browning School - New York, NY
    • The Gateway School - New York, NY

Vehicle History Reports

  • In addition to the recently announced partnership with AutoTrader, the company continues progressing towards further expansion within the AutoTrader retail dealer network.
  • Partnered with the nation's largest independent resource for DMV related information, products, and services to provide online vehicle history reports to their 180 million annual visitors.
  • eBays' largest seller of used motorcycles continues to provide Cyclechex reports for every classified listing.
  • The company is exploring additional revenue generating opportunities with existing clients Kelly Blue Book and Allstate Insurance Company.

Municipal Financing

  • Recent unannounced new clients include:
    • Hyde County, NC
    • Town of Manchester-by-the-Sea, MA
    • Town of Blacksburg, SC
    • Town of Swansea, SC
    • Town of Candor, NC
    • City of Albany, GA

Sparta's CEO Anthony Havens stated, "2018 has been an important transition year for Sparta. We have added products and services to our existing business units and are now well positioned for accelerated growth. In addition, the company has identified and has been progressively developing two near-term wellness product growth initiatives. We are also pleased to announce the appointment of Boyle CPA, LLC as our new auditor with the intent of completing the financials and audit to become compliant with regulatory reporting requirements. I would personally like to thank the many loyal, long term shareholders who have continued to support our efforts."

About Sparta Commercial Services Inc.

Sparta Commercial Services, Inc. (www.spartacommercial.com), through its subsidiary, iMobile Solutions, Inc., provides comprehensive vehicle title history reports to dealers, insurance companies, credit unions and consumers. Sparta, via its iMobileApp product (www.imobileapp.com), has also become a leader in developing and servicing custom mobile apps for a wide range of businesses including restaurants, liquor stores, racetracks, and clubs; as well as vehicle dealerships including Harley-Davidson® and John Deere. Other mobile communications products offered by Sparta include website design, development, hosting and SEO services, and a text messaging and alert service. Sparta's Municipal Leasing Division (www.spartamunicipal.com) offers and administers a specialized municipal leasing program for local and state agencies with jurisdictions seeking a better way to finance their growing essential equipment needs such as police motorcycles and cruisers, EMS equipment and busses, and any type of equipment a municipality requires.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are valid only as of today and we disclaim any obligation to update this information. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, competition, financing and commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, system interruption, consumer and industry trends, limited operating history, and government regulation. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov.

Company Contact:

Sandra L. Ahman
Corporate Secretary
Sparta Commercial Services, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.

SOURCE:Sparta Commercial Services Inc.

Published in Business

SRCO is a Speculative Investment. Investing in microcap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's entire investment may be lost due to the speculative nature of the company. The solvency of the company depends upon its ability to raise new capital. The company’s ability to raise new capital may be negatively influenced by down turns in the major stock market averages such as the Standard & Poors 500 Index, the power sports industry, the financing industry, and the general global economy. Visitors of spartacommercial.com should not rely solely on the information contained in this website, but should consult with their own independent business, tax and financial advisors with respect to any investment opportunity. When it comes to stock investing, past performance is not an indicator of future results.