Cuentas acquires 19.99% stake in Cuentas SDI for $750K; option for remaining 80.01%

Cuentas Inc.

Buys 19.99% of Cuentas SDI from SDI Black for $750,000.
Option to acquire remaining 80.01% within 60 days for $2.459 million.
During option period, Cuentas will invoice Cuentas SDI on 7-net-10 basis and recognize 40% of gross revenues.
SDI Black previously contributed its platform, portals, and software to Cuentas SDI.

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