Verde Science Inc. (VRCI)

[vans]

RAGO
Website Link (Source) http://globenewswire.com/news-release/2014/04/03/624278/10075364/en/Verde-Science-Inc-Formerly-Rango-Energy-to-Enter-Medical-Marijuana-Sector.html?ev=1
Entrance Date 04/03/2014
Focused on developing the highest quality, greatest yield medicinal marijuana as well as support leading research and development to continually provide clients with a superior, branded line of medical marijuana products. Has identified, developed relationships with and is working to acquire leading manufacturing and research and development experts in the burgeoning medical marijuana industry.
Announced today that it would effect a name change to Verde Science, Inc., in order to facilitate the Company's transition to providing legal licensed medical marijuana production and services. Verde is partnering with established companies and individuals in the industry who share the Company's view for the necessity to implement strict security, quality control, and measures to ensure compliance with all local and regional laws and regulations. Our Company was presented with a significant opportunity to participate by teaming up with top biopharmaceutical experts to help produce a meaningful supply of the highest quality product for the underserved markets. The Company is close to finalizing negotiations with established industry leading manufacturers and scientific experts and will provide shareholders with an update as milestones are achieved. Based on the relationships developed and the transactions that are underway, it was felt to be in the best interest of Rango/Verde shareholders to focus the entirety of the Company's focus and capital resources on maximizing the opportunity to be a significant participant in a rapidly growing marketplace.