Cuentas Inc. Forms Joint Venture With Tummo Road LLC to Launch World Mobile Media Group

Reuters01-13

<a href="https://laohu8.com/S/CUEN">Cuentas Inc.</a> Forms Joint Venture With Tummo Road LLC to Launch World Mobile Media Group

Cuentas Inc. has announced plans to enter into a joint venture with Tummo Road LLC, forming World Mobile Media Group LLC, a Delaware-based company. The new entity will operate an internet-delivered "over-the-top" media and digital content platform, publicly known as "World Mobile Media" and featuring a continuous programming channel called "WMM 24/7." Under the agreement, Cuentas will hold a 51% membership interest while Tummo will hold 49%. The joint venture is expected to be officially formed by January 21, 2026, and will receive $150,000 in initial funding from a $400,000 securities purchase coordinated by Tummo. Both companies will designate managing members to oversee day-to-day operations, with major decisions requiring approval from members holding at least 66 2/3% of membership interests.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cuentas Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-003257), on January 12, 2026, and is solely responsible for the information contained therein.

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Forms Joint Venture With Tummo Road LLC to Launch World Mobile Media Group","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/CUEN\">Cuentas Inc.</a> Forms Joint Venture With Tummo Road LLC to Launch World Mobile Media Group\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/CUENW\">Cuentas Inc.</a> has announced plans to enter into a joint venture with Tummo Road LLC, forming World Mobile Media Group LLC, a <a href=\"https://laohu8.com/S/VMM\">Delaware</a>-based company. 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Forms Joint Venture With Tummo Road LLC to Launch World Mobile Media Group\n    \n\nCuentas Inc. has announced plans to enter into a joint venture with Tummo Road LLC, forming World Mobile Media Group LLC, a Delaware-based company. The new entity will operate an internet-delivered \"over-the-top\" media and digital content platform, publicly known as \"World Mobile Media\" and featuring a continuous programming channel called \"WMM 24/7.\" Under the agreement, Cuentas will hold a 51% membership interest while Tummo will hold 49%. The joint venture is expected to be officially formed by January 21, 2026, and will receive $150,000 in initial funding from a $400,000 securities purchase coordinated by Tummo. 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