Darkstar Ventures, Inc. (OTC Pink: DAVC) is a diversified holding company that operates its subsidiary, Bengio Urban Renewal, a building and construction company in Israel. Shares of the holding company are skyrocketing 650%, through afternoon trading on Tuesday, April 30, 2019. Over the past month, Darkstar Ventures has seen average daily volume of 3.43 million shares. However, volume of 43.98 million shares or dollar volume of $479,382, has already exchanged hands through afternoon trading on Tuesday.
Shares of Darkstar Ventures are soaring on Tuesday, after the company announced it has entered into a non-binding Letter of Intent to merge with Samsara Luggage, Inc., which would become a part of DAVC. Samsara Luggage is also the official “playoff gift” of the Golden State Warriors, which were given a Samsara aluminum smart carry-on suitcase as they travel for the NBA Playoffs. In addition, Darkstar Ventures announced that Samsara Luggage is now available for purchase on samsaraluggage.com and through Amazon.com, Inc. (NASDAQ: AMZN). Here is the full press release detailing of the proposed merger:
Darkstar Ventures, Inc. Press Release:
Darkstar Ventures Inc. (OTC: DAVC) updated that Samsara Luggage, combining Design, Technology and Aviation-Standard Materials, has finalized several significant steps that prepare the ground for worldwide sales of its smart cases
NEW YORK, April 30, 2019 /PRNewswire/ — Darkstar Ventures Inc. (OTC: DAVC) announced that Samsara Luggage, whose business activity is to be merged into DAVC, has been awarded to the Golden State Warriors, the favorites to win this year’s NBA championship once again, to be used ‘for when they hit the road for the playoffs’. Each team member was awarded a Samsara aluminum smart carry-on suitcase, hailed as the world’s best smart carry-on suitcase.
In addition, DAVC updated that Samsara is now available globally for purchase via www.samsaraluggage.com and via Amazon shops worldwide.
About Samsara Luggage
Samsara, one of the only smart luggage companies that meets new airline regulations, is dedicated to creating a world where travel is an effortless experience. It offers a fusion of leading-edge technology and classic design for people who want to look and travel smart.
Samsara’s forward-thinking team of engineers and designers deconstructed the essence of travel and produced products that maintain a high-commitment to quality, providing everything a smart traveler would need: ergonomic flat top surface for working with laptops on the go, smartphone security alerts if the suitcase is taken or opened, and USB-C compatible power bank to recharge laptops and smartphones.
Forward-Looking Statements: Certain matters discussed in this press release may be forward-looking statements. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company’s success in obtaining new customers; the Company’s ability to execute its business model and strategic plans; the Company’s success in integrating acquired entities and assets, and all the risks and related information described from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the financial statements and related information contained in the Company’s Annual Report on Form 10-K and interim Quarterly Reports on Form 10-Q. The Company assumes no obligation to update the cautionary.
IMPORTANT NOTE: The aforementioned agreement is a non-binding LOI; DAVC continues in parallel its regular business activities.