Business
Verde Media Group Inc. Announces Asset Valuation for BeautyJect Inc.
Verde Media Group Inc. Announces Asset Valuation for BeautyJect Inc..
About this update from Cbd Of Denver Inc.
[{"type":"text","content":"\n \n \n \n\n\n\n \n Normal\n 0\n \n \n \n \n false\n false\n false\n \n EN-US\n JA\n X-NONE\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\n\n\n /* Style Definitions */\ntable.MsoNormalTable\n\t{mso-style-name:\"Table Normal\";\n\tmso-tstyle-rowband-size:0;\n\tmso-tstyle-colband-size:0;\n\tmso-style-noshow:yes;\n\tmso-style-priority:99;\n\tmso-style-parent:\"\";\n\tmso-padding-alt:0in 5.4pt 0in 5.4pt;\n\tmso-para-margin-top:0in;\n\tmso-para-margin-right:0in;\n\tmso-para-margin-bottom:8.0pt;\n\tmso-para-margin-left:0in;\n\tline-height:107%;\n\tmso-pagination:widow-orphan;\n\tfont-size:11.0pt;\n\tfont-family:Calibri;\n\tmso-ascii-font-family:Calibri;\n\tmso-ascii-theme-font:minor-latin;\n\tmso-hansi-font-family:Calibri;\n\tmso-hansi-theme-font:minor-latin;}\n\n\n\n\n\n\n\n\n \n \n LOS ANGELES, August, 2014 – Verde Media Group Inc. (OTC:\n VMGI) announces that the companies ordered asset valuation for each of the\n three divisions is near completion. \n The Company has been\n approached for the products, IP, and distribution rights of Beautyject Inc.,\n offered the ability to leverage them into the strongest strategic hands that\n will deliver the maximum added value, for both the interested parties\n shareholders, and Verdes shareholders. \n In preparation of the completed valuation management has commenced\n the process to come to terms on a deal for BeautyJect Inc. a majority owned\n asset of Verde Media Biotechnology Inc., and integral part of the Biotech\n Division.\n The current internal\n terminal value calculations for the Beautyject Inc. corporation using a 5.0%\n growth rate, projected free cash flow of $52mm and a discount rate of 35%, is\n $175mm with a conservative industry 2.8x EBITDA terminal value multiple. \n Beautyject Inc. will produce needle-free, over-the-counter\n cosmetic B-Ject devices, delivering a revolutionary anti aging system that\n fights wrinkles in...