Business
Code Green Apparel Announces That They have signed an LOI to enter a Management Contract with DB Management, LLC
Code Green Apparel Announces That They have signed an LOI to enter a Management Contract with DB Management, LLC.
About this update from Code Green Apparel Corp.
[{"type":"text","content":"Code Green Apparel Announces That They have signed an LOI to enter a Management Contract with DB Management, LLC.While Code Green Apparel Corp a company focused on fashion design and sustainable textile manufacturing and distribution announces that they are have entered into Letter of Intent to enter into a Management Contract with DB Asset Management, LLC. DB Management anticipates that the new operation will begin generating significant revenue within 120 days or sooner.The digital platform, developed by DBM, utilizes technology to digitize, fractionalize, and monetize the value of real estate and other assets by separating that value from its use and ownership interest. By separating value from ownership, DBM aspires to bring liquidity to historically illiquid asset classes. The company will also have a currency play. According to Michael Knowles, DBM’s Chief Executive Officer, “Traditional competitors such as fiat currencies, digital currencies, housing market lenders, and traditional financial market and services cannot compare overall to the value we intend to bring. In this new era of money, technology and security are colliding to create a better form of currency.”“We are excited to bring Code Green into the next level of technology”, stated Code Green Apparel Corporation, CEO, Caren Currier. “While being an environmentally friendly company for many years, we feel that our shareholders can benefit from this expansion into the financial realm and are excited about this new chapter for the company.”About Code Green Apparel CorporationThe company endeavors to lead the market revolution that brings environmentally superior products to market at cost-neutral price points. Code Green Apparel intends to lead that revolution by providing regenerated textile solutions that effectively conserve water, reduced chemical applications and lessen the impact of disposing production waste products in landfills or incinerators. Code Green products include corporate Logo Wear, Uniforms and other Eco-Friendly Sustainable Textile products. More information on Code Green Apparel is available at:www.codegreenapparel.comwww.twitter.com/CodeGreenCorpAbout DB ManagementDBM aims to create a secure financial system with an anti-inflationary, asset-backed digital currency that grows in value based off of assets. T...