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Pyramidion Technology Group, Inc has Terminated its Joint Venture Agreement with GVCL Ventures, Inc Effectively
Pyramidion Technology Group, Inc has Terminated its Joint Venture Agreement with GVCL Ventures, Inc Effectively.
About this update from Nxgen Brands Inc.
[{"type":"text","content":"\n\n\n\nPyramidion Technology Group, Inc has Terminated its Joint Venture Agreement with GVCL Ventures, Inc Effectively\n\n\n\n\n\nPyramidion Technology Group, Inc has Terminated its Joint Venture Agreement with GVCL Ventures, Inc Effectively\nPR Newswire\nWESTON, Florida, September 18, 2017\n\n\n\nWESTON, Florida, September 18, 2017 /PRNewswire/ --\n\nPyramidion Technology Group, Inc. (\"PYTG\", Pyramidion's or the \"Company\") (OTC: PYTG), announcing its Termination of its Joint Venture Agreement (the \"Agreement\") with GVCL Ventures, Inc effectively (\"GVCL\") in a manner that will allow each party to pursue their respective business interests. The Company has made a decision to concentrate its efforts on its core business opportunities, which would focus its efforts on growing intellectual property platforms and forming synergies through acquisitions or relationships with other companies private or public that have or share similar interests. The termination of the Agreement has been effective as of July 18th, 2017 and was disclosed and or filed on August 14th, 2017 in its recent 2nd quarter financial report with OTC Markets https://www.otcmarkets.com/financialReportViewer?symbol=PYTG&id=177261 by its Board of Directors. In addition, GVCL has been contacted and ordered to make no further reference to PYTG in any of its Press Releases, Filings and any other source of information. The termination of the Agreement is not expected to have a material impact on the Company's long term vision or mission statement.\n\n\"The Company wishes GVCL Ventures the best of luck in its future business endeavors. However, we believe that it is time for PYTG to focus all of its attention on its core opportunities and we believe this will enhance the value of our business,\" stated CEO, Carlos Hurtado.\n\nPlease contact Pyramidion Technology Group, Inc at [email protected] for further information.\n\nAbout Pyramidion Technology Group, Inc.   \n\nPyramidion Technology Group, Inc. OTC Markets (PYTG) is developing a diversified holding company. The purpose of the Company is to facilitate growth through diverse distribution platforms. The Company intends to develop and acquire companies and technologies for its holdings. These platforms will combine natural relationship marketing synergies and distribution methods that enable the combi...