Consorteum Holdings, Inc. cancelled the acquisition of 5% stake in Ko Entertainment, Inc.

Consorteum Holdings, Inc. specializes in delivery of mobile content, mobile payment solutions and products through a mix of on-deck partnerships, license agreements and joint venture revenue share arrangements. The Company operates as a technology and services aggregator to meet the diverse needs of its client base by leveraging a range of products and services to develop end-to-end, turnkey card and payment transaction processing solutions. The Company also has capability within the Payments and Transaction Industry in North America and internationally. The Company's subsidiary, ThreeFiftyNine Inc. (359), offers Universal Mobile Interface (UMI), which supports over 1,500 different handset/tablets that allow it to deliver optimum display content and device functionality to any mobile device. Its UMI contains multiple security functions, including geo-fence and geo-location technologies.