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PAO Group Holds Shareholder Conference Call with Incoming CEO to Share His Vision for the Company
PAO Group Holds Shareholder Conference Call with Incoming CEO to Share His Vision for the Company.
About this update from Pao Group, Inc.
[{"type":"text","content":"\nSANDUSKY, Ohio, Jan. 22, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – PAO Group, Inc. (OTC: PAOG) recently held a shareholder conference call on January 16, 2019, where Interim CEO Arthur Hall introduced Incoming CEO Karl Riedel to share his vision for the company.\n Below is a link to the full audio recording of this conference call: https://youtu.be/TAQITi-fBdw Incoming CEO Karl Riedel is excited to be talking the helm of PAOG. Riedel discussed his plans to take PAO Group, Inc. in a new direction following its recent transfer of alternative medical centers to Rising Biosciences, Inc. (OTC: RBII).  He assured shareholders that the new direction of PAOG remains in line with the original mission of the company, which is to provide patient relief through alternative medicines including cannabis treatment. Riedel holds a Bachelors Degree from Miami University (Oxford, OH) and attended law school at University of Miami (FL). He most recently worked for VMR Products, LLC – a Miami-based company that was the largest online vendor of electronic cigarettes and vapor devices.  He grew the largest affiliate program in the vapor industry with over 9000 affiliates worldwide, and was responsible for generating $100MM+ in revenue for the company. “I’ve had a lot of experience with online and offline marketing initiatives, and press and media relations, and I helped take a startup… to an international organization,” stated Riedel. He most recently helped carry VMR Products to an acquisition by JUUL Labs, Inc. in October 2018: https://ecigintelligence.com/juul-buys-world-online-leader-vmr-in-75m-deal/ https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=542726761 “I’m very passionate about the cannabis industry.  I believe that the direction we want to take PAO Group is very strong. I believe that the medical cannabis market is a huge and growing industry and right now our initial target is to tackle the Michigan market,” stated Riedel.  His short-term goal is to expand his team’s current cannabis grow operation in the state of Michigan to a much larger scale, and he believes that the market in Michigan is ripe for expansion due to the recent passing of recreational marihuana in November 2018.  Riedel brings a new management team to PAOG wit...