FORT MYERS, FL, February 5, 2021 — — WhereverTV Broadcasting Corp. (OTC PINK: TVTV), which endeavors to deliver Over The Top (OTT), prepaid, no-contract, subscription television services to a variety of devices including smartphones, TabletPCs, streaming media players, computers and connected TVs, announced today that it has received $1.5 million in funding from an investor, which is non-dilutive to the shareholders and cannot be converted to equity. The investor’s returns are based on the potential recoveries, if any, relating to the Company’s IP enforcement campaign. The terms of the investment are confidential.
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This news release contains forward-looking statements, which may not be based on historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by applicable securities laws, the Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.
SOURCE: WhereverTV Broadcasting Corp.