{"version":"https://jsonfeed.org/version/1.1","title":"SNWR - PRISM MediaWire","description":"SNWR - PRISM MediaWire - Provided by Feeder.co","feed_url":"https://feeder.co/out/f/cc298ae58c.json","items":[{"id":"5790cbcf-cd4e-11f1-98c1-d85ed343d75c","url":"https://prismmediawire.com/sanwire-signed-agreement-to-acquire-100-of-australia-based-bateau-asset-management-pty-ltd-a-boutique-investment-firm-with-over-7500000-under-management/","title":"Sanwire Signed Agreement to Acquire 100% of Australia-based Bateau Asset Management Pty Ltd, a Boutique Investment Firm with Over $7,500,000 Under Management","date_published":"2026-10-21T12:47:56Z","image":"https://prismmediawire.com/wp-content/uploads/2026/10/Social-18-1024x1024.png","content_html":"\u003cp class=\"wp-block-paragraph\"\u003ePoint Roberts, WA, October 21, 2026 – \u003ca href=\"https://prismmediawire.com/prism-mediawire-trusted-press-release-distribution-service/\" target=\"_blank\" rel=\"noopener\"\u003ePRISM MediaWire\u003c/a\u003e (Press Release Service – Press Release Distribution) \u003cstrong\u003e–\u003c/strong\u003e \u003cstrong\u003eSanwire Corporation\u003c/strong\u003e (“Sanwire” or the “Company”) (\u003ca href=\"https://www.otcmarkets.com/stock/SNWR/quote\"\u003eOTCID: SNWR\u003c/a\u003e), a diversified company with a focus on aggregating financial services and technologies, is pleased to announce that it has signed an agreement to acquire 100% of \u003ca href=\"https://www.bateauam.com.au/\"\u003eBateau Asset Management Pty Ltd\u003c/a\u003e (“Bateau”), a boutique investment firm based in Australia with offices in Singapore. All figures are unaudited and reported in US dollars using an exchange rate of USD$1.00 equal to AUD$1.428 (Australian dollars).\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image aligncenter size-large\"\u003e\u003cimg width=\"1024\" height=\"1024\" src=\"https://prismmediawire.com/wp-content/uploads/2026/10/Social-18-1024x1024.png\" alt=\"Sanwire Signed Agreement to Acquire 100% of Australia-based Bateau Asset Management Pty Ltd\" class=\"wp-image-71462\" sizes=\"(max-width: 1024px) 100vw, 1024px\" referrerpolicy=\"no-referrer\"\u003e\u003cfigcaption class=\"wp-element-caption\"\u003eSanwire (OTCID: SNWR) Signed Agreement to Acquire 100% of Australia-based Bateau Asset Management Pty Ltd\u003c/figcaption\u003e\u003c/figure\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eSince its inception in 2016, Bateau has provided a consistent return on investment for its clients. Bateau’s current \u003ca href=\"https://www.bateauam.com.au/investment-offerings\"\u003eGlobal Opportunities Fund\u003c/a\u003e (the “Fund”) holds investments in Vanguard All-World ex-US Shares Index Exchange Traded Fund, Insync Global Capital Aware Fund, Apricor Capital, Impellor Small Companies Growth Fund, Hyperforge Fund and Supermaterials Fund. The Fund has a net asset value of over $7,500,000 (as of July 2026). To view the Fund’s performance reports, click \u003ca href=\"https://www.bateauam.com.au/performance-reports\"\u003ehere.\u003c/a\u003e Bateau has a well-established client base of high-net-worth individuals, serviced by Bateau’s experienced global client services team based in Australia and Singapore. The client services team also provides research and advisory services.\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eFor the fiscal year ended June 30, 2025, Bateau reported revenues of $116,188. Bateau has since changed its fiscal year-end to December 31st, the same as Sanwire’s, and its 2026 fiscal year runs from January 1 to December 31, 2026. Commencing in Q4/2026, Sanwire will report Bateau’s financials on a consolidated basis. Sanwire will maintain a December 31st fiscal year-end for its annual disclosure filings and will report Bateau’s quarterly financials accordingly.\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eUnder the terms of the acquisition agreement, Sanwire will acquire 100% of Bateau in exchange for the issuance of 1,424,115 shares of Sanwire’s Series G Preferred Stock convertible into common stock, a $250,000 convertible promissory note that matures on October 1, 2028 and is interest-free for the first 12 months, and a $100,000 cash payment payable in interest-free installments over a three-year period. Acquisition closing is anticipated in Q4/2026.\u003c/p\u003e\n\n\n\n\u003cblockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"\u003e\n\u003cp class=\"wp-block-paragraph\"\u003e“We are delighted to be joining Sanwire,” said \u003cstrong\u003eWayne Blazejczyk of Bateau\u003c/strong\u003e. “Since 2016 we have built this business around delivering consistent returns for our clients, and becoming part of a publicly traded group gives us the platform and resources to take it further. We believe this transaction will create long-term value for Sanwire’s shareholders, and our clients will continue to be looked after by the same team and the same investment approach.”\u003c/p\u003e\n\u003c/blockquote\u003e\n\n\n\n\u003cblockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"\u003e\n\u003cp class=\"wp-block-paragraph\"\u003e“In prior communications to our shareholders, we stated that we were looking for our next acquisition, preferably in the financial services market,” said \u003cstrong\u003eRon Hughes, President and CEO of Sanwire\u003c/strong\u003e. “This acquisition will provide Sanwire with a new direction to build a solid foundation for future growth and acquisition opportunities. In addition, this acquisition provides Sanwire with an entry into the Australian and Southeast Asian financial services markets.”\u003c/p\u003e\n\u003c/blockquote\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003cstrong\u003eAbout Bateau Asset Management Pty Ltd\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eBateau is a boutique investment firm founded in 2016 and based in Australia with offices in Singapore. Bateau follows an absolute-return investment philosophy delivered by a multi-manager approach to investing. Services include investment research and education, with the objective of providing clients with rigorously constructed absolute-return portfolios that they can understand. To learn more, go to \u003ca href=\"https://www.bateauam.com.au/\"\u003ebateauam.com.au.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003cstrong\u003eAbout Sanwire Corporation\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eSanwire Corporation is a diversified company with a focus on aggregating financial services and technologies. For more information, visit \u003ca href=\"https://northarmwebworks.wixsite.com/sanwire-corporation\"\u003esanwire.com\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eFor press and corporate inquiries, please contact:\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eRonald E. Hughes\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eCEO, Sanwire Corporation\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003ca href=\"mailto:ron.hughes.management@gmail.com\"\u003eron.hughes.management@gmail.com\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003cstrong\u003eSafe Harbor Statement\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eThis release contains forward-looking statements. All statements regarding our expected future financial positions, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, listing on the OTC Markets, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events, or otherwise.\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eSource: Sanwire Corporation\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003ePRISM MediaWire “PMW” RSS News Feed: \u003ca href=\"https://prismmediawire.com/feed/\"\u003ehttps://prismmediawire.com/feed/\u003c/a\u003e \u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eSanwire “PMW” RSS News Feed: \u003ca href=\"https://prismmediawire.com/category/snwr/feed/\"\u003ehttps://prismmediawire.com/category/snwr/feed/\u003c/a\u003e \u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eFeeder: \u003ca href=\"https://feeder.co/out/f/cc298ae58c\"\u003ehttps://feeder.co/out/f/cc298ae58c\u003c/a\u003e \u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eFeeder JSON: \u003ca href=\"https://feeder.co/out/f/cc298ae58c.json\"\u003ehttps://feeder.co/out/f/cc298ae58c.json\u003c/a\u003e \u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003e\u003ca href=\"https://x.com/search?q=%24SNWR\u0026amp;src=ctag\u0026amp;ref_src=twsrc%5Etfw\"\u003e$SNWR\u003c/a\u003e Sanwire (OTCID: SNWR) agrees to acquire Bateau Asset Management, with over $7.5M in fund assets, expanding into Australian and Southeast Asian markets \u003ca href=\"https://t.co/HFVUZerqYy\"\u003ehttps://t.co/HFVUZerqYy\u003c/a\u003e \u003ca href=\"https://t.co/Qbot0AKEOm\"\u003epic.twitter.com/Qbot0AKEOm\u003c/a\u003e\u003c/p\u003e— PRISM MediaWire (@prism_mediawire) \u003ca href=\"https://x.com/prism_mediawire/status/2112888693421740521?ref_src=twsrc%5Etfw\"\u003eOctober 21, 2026\u003c/a\u003e\u003c/blockquote\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-full is-resized\"\u003e\u003ca href=\"https://www.google.com/preferences/source?q=https://prismmediawire.com/\"\u003e\u003cimg width=\"676\" height=\"213\" src=\"https://prismmediawire.com/wp-content/uploads/2026/09/image.png\" class=\"wp-image-70446\" sizes=\"(max-width: 676px) 100vw, 676px\" referrerpolicy=\"no-referrer\" style=\"aspect-ratio:3.173868388232705;width:259px;height:auto\"\u003e\u003c/a\u003e\u003c/figure\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-full is-resized\"\u003e\u003cimg width=\"500\" height=\"500\" src=\"https://prismmediawire.com/wp-content/uploads/2026/10/image.png\" class=\"wp-image-71135\" sizes=\"(max-width: 500px) 100vw, 500px\" referrerpolicy=\"no-referrer\" style=\"width:255px;height:auto\"\u003e\u003c/figure\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003ca href=\"https://x.com/prism_mediawire?ref_src=twsrc%5Etfw\"\u003eFollow @prism_mediawire\u003c/a\u003e\u003c/p\u003e\n\n\n\n\n\n\u003cdiv class=\"elfsight-app-6b891232-2302-493f-abaf-3edfa434601f\" data-elfsight-app-lazy=\"\"\u003e\u003c/div\u003e\n\n\n\n\n\n\n\n\n\n\n\n\u003cdiv class=\"elfsight-app-5ebf2884-084e-4bed-b8f0-7b2819d5ef5e\" data-elfsight-app-lazy=\"\"\u003e\u003c/div\u003e\u003cp\u003eThe post \u003ca href=\"https://prismmediawire.com/sanwire-signed-agreement-to-acquire-100-of-australia-based-bateau-asset-management-pty-ltd-a-boutique-investment-firm-with-over-7500000-under-management/\"\u003eSanwire Signed Agreement to Acquire 100% of Australia-based Bateau Asset Management Pty Ltd, a Boutique Investment Firm with Over $7,500,000 Under Management\u003c/a\u003e first appeared on \u003ca href=\"https://prismmediawire.com\"\u003ePRISM MediaWire\u003c/a\u003e.\u003c/p\u003e","summary":"Point Roberts, WA, October 21, 2026 – PRISM MediaWire (Press Release Service...","_feeder":{"source":"SNWR - PRISM MediaWire"}},{"id":"598dd037-cce9-11f1-89fb-d85ed343d75c","url":"https://prismmediawire.com/sanwire-corporation-receives-first-settlement-offer-to-cancel-over-1-3-billion-common-shares-along-with-associated-debts-and-dismiss-the-lawsuits/","title":"Sanwire Corporation Receives First Settlement Offer to Cancel Over 1.3 Billion Common Shares along with associated Debts and Dismiss the Lawsuits","date_published":"2026-05-26T12:45:48Z","image":"https://prismmediawire.com/wp-content/uploads/2026/05/Push--1024x512.png","content_html":"\u003cp class=\"wp-block-paragraph\"\u003ePoint Roberts, WA, May 26, 2026 – \u003ca href=\"https://stage.prismmediawire.com/prism-mediawire-trusted-press-release-distribution-service/\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ePRISM MediaWire\u003c/a\u003e\u0026nbsp;(Press Release Service – Press Release Distribution) – Sanwire Corporation (“Sanwire” or the “Company”) (OTCID: SNWR), a diversified company with a focus on aggregating technologies within a number of industries, announces that it has received a settlement offer (“Settlement Offer”) to resolve and dismiss lawsuits between Sanwire and Trillium Partners, LP (“Trillium”), Delaware-based Intercept Music, Inc. (“Intercept Music”), and Nevada-based Intercept Music Group, Inc. (“Intercept Group”). The Settlement Offer stipulated:\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image aligncenter size-large\"\u003e\u003cimg width=\"1024\" height=\"512\" src=\"https://prismmediawire.com/wp-content/uploads/2026/05/Push--1024x512.png\" alt=\"Sanwire Corporation Receives First Settlement Offer to Cancel Over 1.3 Billion Common Shares along with associated Debts and Dismiss the Lawsuits\" class=\"wp-image-67820\" sizes=\"(max-width: 1024px) 100vw, 1024px\" referrerpolicy=\"no-referrer\"\u003e\u003cfigcaption class=\"wp-element-caption\"\u003eSanwire Corporation Receives First Settlement Offer to Cancel Over 1.3 Billion Common Shares along with associated Debts and Dismiss the Lawsuits\u003c/figcaption\u003e\u003c/figure\u003e\n\n\n\n\u003cul class=\"wp-block-list\"\u003e\n\u003cli\u003eIntercept Music would return for cancellation 1,361,566,319 of Sanwire’s common stock issued and held by Intercept Music insiders, investors, service providers, consultants and partners; and\u003c/li\u003e\n\n\n\n\u003cli\u003eIntercept Music would return for cancellation 8,853,000 of Sanwire’s Series C Preferred stock issued and held by Intercept Music insiders; and\u003c/li\u003e\n\n\n\n\u003cli\u003eSanwire would be relieved from all debts (convertible notes or otherwise) that was incurred from acquiring Intercept Music including Trillium’s outstanding debt balance of at least $135,513.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eThe Settlement Offer didn’t address monetary compensation, expenses reimbursement and Trillium’s six debt conversions.\u003c/p\u003e\n\n\n\n\u003cblockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"\u003e\n\u003cp class=\"wp-block-paragraph\"\u003e“In the next few days, Sanwire will be submitting a counter-offer that addresses the items that were not included in the proposed Settlement Offer,” \u003cstrong\u003esaid Ron Hughes, President and CEO of Sanwire\u003c/strong\u003e. “While we’re pleased to have an agreement on the return and cancellation of close to 50% of our issued and outstanding common shares and the removal of approximately $1,000,000 of debt from our balance sheet, we remain resolute to recover expenses that Sanwire incurred from day one of Intercept Music acquisition. We’re willing to wait it out until we get back what our shareholders rightfully deserve.”\u003c/p\u003e\n\u003c/blockquote\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003cstrong\u003e\u003cu\u003eAbout Sanwire Corporation\u003c/u\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eSanwire Corporation is a diversified company with a focus on aggregating technologies within a number of industries. For more information, visit \u003ca href=\"http://www.sanwirecorp.com\"\u003esanwirecorp.com\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eFor press and corporate inquiries, please contact:\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eRonald E. Hughes\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eCEO, Sanwire Corporation\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003ca href=\"mailto:ron.hughes.management@gmail.com\"\u003eron.hughes.management@gmail.com\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003cstrong\u003eSafe Harbor Statement\u003c/strong\u003e: This release contains forward-looking statements. All statements regarding our expected future financial positions, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, listing on the OTC Markets, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eSource: Sanwire Corporation\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\u003e\u003cdiv class=\"wp-block-embed__wrapper\"\u003e\n\u003cblockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"\u003e\u003cp lang=\"en\" dir=\"ltr\"\u003e\u003ca href=\"https://twitter.com/search?q=%24SNWR\u0026amp;src=ctag\u0026amp;ref_src=twsrc%5Etfw\"\u003e$SNWR\u003c/a\u003e Sanwire (OTCID: SNWR) receives settlement offer to cancel over 1.3B common shares, 8.85M preferred shares, and related acquisition debt \u003ca href=\"https://t.co/RYDcyfP4jC\"\u003ehttps://t.co/RYDcyfP4jC\u003c/a\u003e \u003ca href=\"https://t.co/KXbZCQEKZz\"\u003epic.twitter.com/KXbZCQEKZz\u003c/a\u003e\u003c/p\u003e— PRISM MediaWire (@prism_mediawire) \u003ca href=\"https://twitter.com/prism_mediawire/status/2059254901528502603?ref_src=twsrc%5Etfw\"\u003eMay 26, 2026\u003c/a\u003e\u003c/blockquote\u003e\n\u003c/div\u003e\u003c/figure\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-full is-resized\"\u003e\u003cimg width=\"720\" height=\"450\" src=\"https://stage.prismmediawire.com/wp-content/uploads/2026/05/Newsroom-5-1-1.png\" class=\"wp-image-67397\" sizes=\"(max-width: 720px) 100vw, 720px\" referrerpolicy=\"no-referrer\" style=\"width:270px;height:auto\"\u003e\u003c/figure\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-full is-resized\"\u003e\u003cimg width=\"640\" height=\"201\" src=\"https://stage.prismmediawire.com/wp-content/uploads/2026/05/Preferred-Blanco-2.png\" class=\"wp-image-67400\" sizes=\"(max-width: 640px) 100vw, 640px\" referrerpolicy=\"no-referrer\" style=\"aspect-ratio:3.184327139858509;width:325px;height:auto\"\u003e\u003c/figure\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003ca href=\"https://chatgpt.com/g/g-6861a51315248191aad20a4abd45685a-prism-mediawire?model=gpt-4o\" target=\"_blank\" rel=\"noreferrer noopener\"\u003ePRISM MediaWire GPT\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\n\n\u003cdiv class=\"elfsight-app-46cfd1dd-8640-4ea1-bfb7-2c4cfc29b4e7\" data-elfsight-app-lazy=\"\"\u003e\u003c/div\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\n\n\u003cdiv class=\"elfsight-app-9d1db67d-d2e2-46eb-807a-fa9204d8b604\" data-elfsight-app-lazy=\"\"\u003e\u003c/div\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\n\n\u003cdiv class=\"elfsight-app-5ebf2884-084e-4bed-b8f0-7b2819d5ef5e\" data-elfsight-app-lazy=\"\"\u003e\u003c/div\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\n\n\u003cp\u003eThe post \u003ca href=\"https://prismmediawire.com/sanwire-corporation-receives-first-settlement-offer-to-cancel-over-1-3-billion-common-shares-along-with-associated-debts-and-dismiss-the-lawsuits/\"\u003eSanwire Corporation Receives First Settlement Offer to Cancel Over 1.3 Billion Common Shares along with associated Debts and Dismiss the Lawsuits\u003c/a\u003e first appeared on \u003ca href=\"https://prismmediawire.com\"\u003ePRISM MediaWire\u003c/a\u003e.\u003c/p\u003e","summary":"Point Roberts, WA, May 26, 2026 – PRISM MediaWire (Press Release Service...","_feeder":{"source":"SNWR - PRISM MediaWire"}},{"id":"598ec91e-cce9-11f1-89fc-d85ed343d75c","url":"https://prismmediawire.com/sanwire-files-complaint-against-intercept-music-and-trillium-partners-lp-seeking-return-and-cancellation-of-over-2000000000-sanwires-common-shares-plus-court-approved-monetary-compensation/","title":"Sanwire Files Complaint Against Intercept Music and Trillium Partners LP Seeking Return and Cancellation of Over 2,000,000,000 Sanwire’s Common Shares Plus Court-Approved Monetary Compensation","date_published":"2025-07-15T00:00:00Z","image":"https://stage.prismmediawire.com/wp-content/uploads/2026/03/Prowly-Logo-1024x577-1.png","content_html":"\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003ePoint Roberts, WA, July 15, 2025\u003cstrong\u003e – \u003ca href=\"https://prismmediawire.com/\" target=\"_blank\" rel=\"noopener\" title=\"PRISM MediaWire \"\u003ePRISM MediaWire \u003c/a\u003e–  \u003c/strong\u003eSanwire Corporation (“Sanwire” or the “Company”) (OTC: SNWR), a diversified company with a focus on aggregating technologies within a number of industries, is pleased to announce that as a follow-up to its \u003ca href=\"https://www.otcmarkets.com/stock/SNWR/news/Sanwire-Provides-Corporate-Update?id=477908\"\u003e\u003cstrong\u003epress release dated May 21, 2025\u003c/strong\u003e\u003c/a\u003e, Sanwire has filed a complaint in Clark County, Nevada District Court (Case No. A-25-923008-C) (the “Complaint”) against Delaware-based Intercept Music, Inc. (“Intercept Music”), Nevada-based Intercept Music Group, Inc. (“Intercept Group”), and Delaware- based Trillium Partners, LP (“Trillium”). The court filing date was July 11, 2025.\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003e\u003cstrong\u003e\u003cu\u003eSummary\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003eof\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003ehistorical\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003eevents\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003eand\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003ethe\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003eComplaint\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003ealleges\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003ethe\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003efollowing:\u003c/u\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul class=\"wp-block-list\"\u003e\n\u003cli class=\"has-medium-font-size\"\u003eSanwire and Intercept Music were parties to an acquisition agreement (“Acquisition Agreement”), dated March 5, 2020, wherein Sanwire purchased the assets of Intercept Music. The purchase price was the issuance of Sanwire’s common stock and Series C Preferred Stock to Intercept Music stakeholders.\u003c/li\u003e\n\n\n\n\u003cli class=\"has-medium-font-size\"\u003eBetween December 2020 and March 2023, Intercept Music raised approximately $2,500,000 by selling Sanwire’s common stock and issuance of convertible notes (“Funds Raised”). Proceeds from Funds Raised were directly wired/deposited to Intercept Music’s bank account. Sanwire never received any of the proceeds from those Funds Raised, but remains the named obligor on all convertible notes and issuance of Sanwire’s common stock.\u003c/li\u003e\n\n\n\n\u003cli class=\"has-medium-font-size\"\u003eOn October 7, 2021 Intercept Music and Trillium negotiated and finalized a $115,000 Convertible Promissory Note and an accompanying warrant for 23 million shares of Sanwire common stock (“Trillium Note”). Sanwire’s prior Board of Directors contemporaneously approved the Trillium Note transaction and instructed its transfer agent, New Horizon Transfer Inc., to maintain a share reserve for Trillium.\u003c/li\u003e\n\n\n\n\u003cli class=\"has-medium-font-size\"\u003eTrillium wired funds of the Trillium Note directly to Intercept Music’s bank account. Sanwire never received any of the loan proceeds from the Trillium Note, but remains the named obligor on the Trillium Note.\u003c/li\u003e\n\n\n\n\u003cli class=\"has-medium-font-size\"\u003eBetween October 2023 and January 2024 Trillium converted $122,230.41 of the Trillium Note (“Converted Amount”) and received a total of 642,147,984 million Sanwire common shares in six (6) separate conversion transactions. The Converted Amount comprised of principal amount of $84,208.23, accrued interest of $8,601.37, and default interest of $29,420.81.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul class=\"wp-block-list\"\u003e\n\u003cli class=\"has-medium-font-size\"\u003eThese conversions caused substantial loss and damage to Sanwire, as it drove down the share price significantly lower. In addition, these conversions caused Sanwire’s issued and outstanding shares to increase, ballooning to nearly the maximum of Sanwire’s authorized share capital. Current issued and outstanding common shares are 2,901,074,406.\u003c/li\u003e\n\n\n\n\u003cli class=\"has-medium-font-size\"\u003eTrillium subsequently requested from Sanwire’s current management and Board of Directors to further increase the authorized share capital to allow Trillium to convert even more debt and dilute shareholders. Sanwire refused to increase its authorized share capital.\u003c/li\u003e\n\n\n\n\u003cli class=\"has-medium-font-size\"\u003eTrillium still claims at least $135,513 of the Trillium Note comprised of principal amount, accrued interest, and default interest is outstanding (“Unconverted Balance”). Trillium should pursue Intercept Music to repay the Unconverted Balance.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003e\u003cstrong\u003e\u003cu\u003eThe\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003eComplaint\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003easks\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003efor\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003erelief\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003eto\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003ethe\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003efollowing:\u003c/u\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul class=\"wp-block-list\"\u003e\n\u003cli class=\"has-medium-font-size\"\u003eAs a direct and proximate cause of Intercept Music’s breach of the Acquisition Agreement, Sanwire is seeking to unwind the Intercept Music Acquisition Agreement and\n\u003col class=\"wp-block-list\"\u003e\n\u003cli\u003ethe return and cancellation of 1,361,566,319 of Sanwire’s common stock issued and held by Intercept Music insiders, investors, service providers, consultants and partners; and\u003c/li\u003e\n\n\n\n\u003cli\u003ethe return and cancellation of 8,853,000 of Sanwire’s Series C Preferred stock issued and held by Intercept Music insiders; and\u003c/li\u003e\n\n\n\n\u003cli\u003ea payment to Sanwire of Two Hundred and Fifty Thousand Dollars ($250,000.00) in fees to reverse acquisition transaction; and\u003c/li\u003e\n\n\n\n\u003cli\u003ereimburse Sanwire for Trillium Note Converted Amount of $122,230.41 plus a reasonable interest fee; and\u003c/li\u003e\n\n\n\n\u003cli\u003ereimburse Sanwire for all expenses it has incurred including but not limited to responding to Trillium default judgement, attorneys’ fees, accounting fees, Trillium Note Converted Amount, transfer agent fees. The total expenses will be determined at trial and approved by the court; and\u003c/li\u003e\n\n\n\n\u003cli\u003eassumption of all investor’s convertible and promissory notes that Sanwire remains as the obligor including Trillium Note Unconverted Amount of at least $135,513.\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\n\n\n\u003cli class=\"has-medium-font-size\"\u003eAs a direct and proximate result of Trillium’s conduct, Sanwire is seeking\n\u003col class=\"wp-block-list\"\u003e\n\u003cli\u003ethe return of 642,147,984 of Sanwire’s common stock that Trillium obtained improperly; and\u003c/li\u003e\n\n\n\n\u003cli\u003ereimburse Sanwire for all expenses it has incurred responding to Trillium default judgement including but not limited to attorneys’ fees, accounting fees, transfer agent fees. The total expense amount will be determined at trial and approved by the court.\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cblockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"\u003e\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003e“It is incumbent upon the Board to aggressively litigate these reparations to the benefit of Sanwire shareholders. The Board remains open to resolving these issues without having to go to trial, nonetheless will stay resolute to prevailing in these matters. The return and cancellation of a total of 2,003,714,303 common shares would significantly enhance Sanwire’s share capital structure to enrich new acquisitions/partnerships and/or attract future investors. Sanwire continues to evaluate prospective business acquisitions and partnership opportunities, as we look forward to putting the Intercept and Trillium chapter well behind us.”\u003c/p\u003e\n\u003ccite\u003e\u003cstrong\u003eRon Hughes, President and CEO of Sanwire\u003c/strong\u003e\u003c/cite\u003e\u003c/blockquote\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003e\u003cstrong\u003e\u003cu\u003eAbout\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003eSanwire\u003c/u\u003e\u003c/strong\u003e\u0026nbsp;\u003cstrong\u003e\u003cu\u003eCorporation\u003c/u\u003e\u003c/strong\u003e\u003cbr\u003eSanwire Corporation is a diversified company with a focus on aggregating technologies within several industries. For more information, visit\u0026nbsp;\u003ca href=\"https://northarmwebworks.wixsite.com/sanwire-corporation\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u003cstrong\u003esanwirecorp.com\u003c/strong\u003e\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eFor press and corporate inquiries, please contact:\u003cbr\u003eRonald E. Hughes\u003cbr\u003eCEO, Sanwire Corporation, \u003ca href=\"mailto:ron.hughes.management@gmail.com\" target=\"_blank\" rel=\"noreferrer noopener\"\u003e\u003cu\u003e\u003cstrong\u003eron.hughes.management@gmail.com\u003c/strong\u003e\u003c/u\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003e\u003cstrong\u003eSafe Harbor Statement\u003c/strong\u003e\u003cstrong\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eThis release contains forward-looking statements. All statements regarding our expected future financial positions, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, listing on the OTC Markets, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eSource: Sanwire Corporation\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image aligncenter size-full is-resized\"\u003e\u003cimg loading=\"lazy\" width=\"1024\" height=\"577\" src=\"https://stage.prismmediawire.com/wp-content/uploads/2026/03/Prowly-Logo-1024x577-1.png\" class=\"wp-image-63266\" sizes=\"(max-width: 1024px) 100vw, 1024px\" referrerpolicy=\"no-referrer\" style=\"width:192px;height:auto\"\u003e\u003c/figure\u003e\n\n\n\n\n\n\u003cdiv class=\"elfsight-app-9d1db67d-d2e2-46eb-807a-fa9204d8b604\" data-elfsight-app-lazy=\"\"\u003e\u003c/div\u003e\u003cp\u003eThe post \u003ca href=\"https://prismmediawire.com/sanwire-files-complaint-against-intercept-music-and-trillium-partners-lp-seeking-return-and-cancellation-of-over-2000000000-sanwires-common-shares-plus-court-approved-monetary-compensation/\"\u003eSanwire Files Complaint Against Intercept Music and Trillium Partners LP Seeking Return and Cancellation of Over 2,000,000,000 Sanwire’s Common Shares Plus Court-Approved Monetary Compensation\u003c/a\u003e first appeared on \u003ca href=\"https://prismmediawire.com\"\u003ePRISM MediaWire\u003c/a\u003e.\u003c/p\u003e","summary":"Point Roberts, WA, July 15, 2025 – PRISM MediaWire –  Sanwire Corporation...","_feeder":{"source":"SNWR - PRISM MediaWire"}},{"id":"598f68cc-cce9-11f1-89fd-d85ed343d75c","url":"https://prismmediawire.com/sanwire-corporation-announces-engagement-of-pcaob-registered-auditor-and-accounting-firm-in-preparation-for-filing-form-10-with-the-sec/","title":"Sanwire Corporation Announces Engagement of PCAOB-Registered Auditor and Accounting Firm in Preparation for Filing Form 10 with the SEC","date_published":"2024-07-15T00:00:00Z","image":"https://prismmediawire.com/wp-content/uploads/2024/07/Logo-6.png","content_html":"\u003cfigure class=\"wp-block-image aligncenter size-full\"\u003e\u003cimg src=\"https://prismmediawire.com/wp-content/uploads/2024/07/Logo-6.png\" class=\"wp-image-45914\" referrerpolicy=\"no-referrer\"\u003e\u003c/figure\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003ePoint Roberts, WA, July 15, 2024\u003cstrong\u003e – \u003c/strong\u003eSanwire Corporation (“Sanwire” or the “Company”) (OTC: SNWR), a diversified company with a focus on aggregating technologies within a number of industries, is pleased to announce that it has retained Fruci \u0026amp; Associates II, PLLC (“Fruci”), a PCAOB-registered accounting and auditing firm to conduct a two-year audit of the Company’s financial statements.\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eUpon audit completion, the Company intends to file Form 10 with the Securities and Exchange Commission (“SEC”) to attain fully reporting issuer status.\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eRon Hughes, President and CEO of Sanwire stated, “We look forward to the completion of our audit. Accomplishing this major milestone will be the springboard to filing Form 10 with the SEC and becoming a fully reporting company which will provide our current and future shareholders with transparency and attract sophisticated investors.”\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003e\u003cstrong\u003e\u003cu\u003eAbout Fruci \u0026amp; Associates II\u003c/u\u003e\u003c/strong\u003e\u003cstrong\u003e\u003cu\u003e\u003c/u\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eAt \u003ca href=\"https://www.fruci.com/our-firm\"\u003e\u003cstrong\u003eFruci \u0026amp; Associates II\u003c/strong\u003e\u003c/a\u003e, it is our core values that ensure we identify and achieve our client’s professional goals. Our values define who we are and give us confidence in the way we associate with each other as well as engage with our clients and supporting communities.\u0026nbsp;By providing extraordinary business and financial services, we are very proud of the relationships that we have developed and continue to foster with our clients.\u0026nbsp;We practice open and proactive communication. We are innovative and creative.\u0026nbsp; We develop services by transforming them into standardized products that are clearly defined, highly structured, consistently delivered, and priced in accordance with the value they represent to the client. Our mission is rooted in our strong commitment to deliver exceptional and quality work, build lasting relationships with our clients and provide value in all that we do. Operating from integrity and honesty, we share our knowledge and expertise to support and help our clients realize their business goals, achieve financial growth and empower future success.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003e\u003cstrong\u003e\u003cu\u003eAbout Sanwire Corporation\u003c/u\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eSanwire Corporation is a diversified company with a focus on aggregating technologies within a number of industries. Intercept Music Inc., a wholly owned subsidiary of Sanwire, is an entertainment technology company that sells and markets its product offering utilizing the Software as a Service (“SaaS”) model. Sanwire is active in seeking strategic mergers and acquisitions to enhance its capabilities, expand its market reach, and drive mutual success with dynamic and forward-thinking technology firms with strong track records of innovation and growth. For more information, visit \u003ca href=\"http://www.sanwirecorp.com\"\u003e\u003cstrong\u003esanwirecorp.com\u003c/strong\u003e\u003c/a\u003e and \u003ca href=\"http://www.interceptmusic.com\"\u003e\u003cstrong\u003einterceptmusic.com\u003c/strong\u003e\u003c/a\u003e.\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eFor Press \u0026amp; Corporate Inquiries,\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003ePlease Contact:\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eRonald E. Hughes\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eCEO, Sanwire Corporation\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003e\u003ca href=\"mailto:ron.hughes.management@gmail.com\"\u003e\u003cstrong\u003eron.hughes.management@gmail.com\u003c/strong\u003e\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003e\u003cstrong\u003eSafe Harbor Statement\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp class=\"has-medium-font-size wp-block-paragraph\"\u003eThis release contains forward-looking statements. All statements regarding our expected future financial positions, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, listing on the OTC Markets, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.\u003c/p\u003e\n\n\n\n\u003cp class=\"wp-block-paragraph\"\u003eSource: Sanwire Corporation\u003c/p\u003e\u003cp\u003eThe post \u003ca href=\"https://prismmediawire.com/sanwire-corporation-announces-engagement-of-pcaob-registered-auditor-and-accounting-firm-in-preparation-for-filing-form-10-with-the-sec/\"\u003eSanwire Corporation Announces Engagement of PCAOB-Registered Auditor and Accounting Firm in Preparation for Filing Form 10 with the SEC\u003c/a\u003e first appeared on \u003ca href=\"https://prismmediawire.com\"\u003ePRISM MediaWire\u003c/a\u003e.\u003c/p\u003e","summary":"Point Roberts, WA, July 15, 2024 – Sanwire Corporation (“Sanwire” or the...","_feeder":{"source":"SNWR - PRISM MediaWire"}}]}