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Metavesco Explores Potential Acquisition of Historic South Carolina Distillery
Metavesco Explores Potential Acquisition of Historic South Carolina Distillery.
About this update from Metavesco Inc.
[{"type":"text","content":"\n\n\n\nMetavesco Explores Potential Acquisition of Historic South Carolina Distillery\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMetavesco Explores Potential Acquisition of Historic South Carolina Distillery\nPR Newswire\nCUMMING, Ga., June 18, 2024\n\n\n\nCUMMING, Ga., June 18, 2024 /PRNewswire/ -- Metavesco, Inc. (OTC PINK:MVCO), a web3 enterprise and digital asset innovator, announced today that it is exploring the potential acquisition of one of the oldest distilleries in South Carolina. The company has begun a formal due diligence process and is preparing to move quickly towards drafting a Letter of Intent.\n\nMetavesco, Inc. CEO Ryan Schadel expressed his enthusiasm about the potential acquisition after visiting the distillery and meeting with its dedicated staff. \"We are very excited about the opportunity to acquire this award-winning distillery,\" said Schadel. \"The facilities are top-notch, and the team's commitment to excellence is evident. This acquisition would align perfectly with our strategy to expand our portfolio with high-quality brands.\"\nWhile there is no guarantee that a deal will be finalized, Metavesco is committed to conducting thorough due diligence to ensure the potential acquisition meets the company's strategic goals and standards. The company aims to make a definitive decision in the coming days.\nThe distillery, renowned for its rich history and exceptional products, represents a significant opportunity for Metavesco to enhance its offerings and leverage the distillery's established reputation in the market.\nAbout Metavesco\nMetavesco is a web3 enterprise and digital asset innovator. The Company generates revenue as a crypto liquidity provider via decentralized exchanges such as Uniswap, and the Company farms tokens via Proof of Stake protocols. The Company has bitcoin mining operations at hosted facilities in TX, KY and IA. Through its wholly owned subsidiary, the Company operates Boring Brew, a specialty coffee company utilizing owned and licensed NFT IP as unique packaging.\nSafe Harbor Statement\nThis press release contains sta...