Business
MC Endeavors, Inc. /Room 21 Media Announces Signed Letter of Intent to Acquire CBD Organic Solutions, Inc.
MC Endeavors, Inc. /Room 21 Media Announces Signed Letter of Intent to Acquire CBD Organic Solutions, Inc..
About this update from Mc Endeavors, Inc.
[{"type":"text","content":"\n Acquisition to Purchase 477 Acres of Hemp CBD Farm in Moapa Valley, Nevada DANA POINT, CA, Sept. 05, 2019 (GLOBE NEWSWIRE) -- MC Endeavors, Inc. /Room 21 Media (PINKSHEETS: MSMY) today announced the signing of a Letter of Intent to acquire CBD Organic Solutions, LLC. CBD Organic Solutions, LLC is currently growing hemp in the Moapa Valley of Nevada with Phase I growth expanding to 477 acres of hemp producing acreage. John Stippick, CEO, states, “We are excited about this opportunity to finalizing the negotiations to acquire controlling interest of CBD Organic Solutions, LLC. CBD Organic Solutions is already growing hemp and expects to have the first harvest as early as December 2019 with conservative annual revenue estimates to be 45.9 Million USD net profit after taxes. CBD Organic Solutions comes with existing licensing and existing purchase orders for the crop already in the ground. This opportunity is a perfect match to our recent acquisition of Eclipse Liquids (an FDA registered manufacturing and packaging CBD plant with national and international distribution) and can rapidly establish MC Endeavors/Room 21 Media as a substantial player in the CBD Industry. We could very well be able to own a “seed to sale” enterprise.” Mr. Stippick, CEO, said, “I encourage our shareholders to take a look at the Moapa Valley in Nevada to fully understand the opportunity. This farm is located 60 minutes north of Las Vegas and when viewed via Google Satellite maps, in the brown desert is a distinct green valley. For an accurate view of the terrain and climate see the Western Region Climate Center website https://wrcc.dri.edu/cgi-bin/wea_info.pl?nvnmoa or visit Wikipedia Commons https://commons.wikimedia.org/wiki/File:Moapa_Valley_NWR_2.jpg.” Mr. Stippick concludes, “While the due diligence period is for 30 days, we expect to consummate an agreement much sooner. Our shareholders can also expect our new website to be launched in the coming weeks with real-time updates provided via Twitter, Facebook, and Youtube. Once again, I want to thank our long time shareholders for their ongoing support and we welcome our newer shareholders to MC Endeavors/ Room 21 Media.” About MC Endeavors, Inc. /Room 21 Media MC Endeavors, Inc. (OTC Pink: MSMY), an innovator in social commerce platforms, is committed to...