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NEWS OUT: DVLP Issues Shareholder Letter on Increased Growth Potential Following Recent CBD Acquisition
DENVER, March 26, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Golden Developing Solutions, Inc. (DVLP) (“DVLP” or the “Company”), an emerging leader in the Cannabis, Hemp, and CBD marketplace, issues the following letter to Shareholders from the CEO:
Dear Valued Shareholder,
First off, I want to begin by expressing our gratitude to all of our committed shareholders as we push through a period that we believe is laying a powerful foundation for increasing upside potential as an emerging diversified leader in the cannabis and CBD markets.
As you know, we have secured powerful traction in the cannabis space as a service provider with our popular Where’s Weed app and portal. And, recently, we expanded this market coverage footprint by moving into the CBD space full force with our Where’s CBD portal, which is beginning to take root as a powerful resource.
That sets the stage for what we feel could be a true gamechanger in the quarters ahead, in terms of synergies and overall augmentation of our core growth proposition: our recent acquisition of Infusionz, LLC (“CBD Infusionz”), a premium manufacturer of high quality CBD products.
Why do we believe this acquisition is such an important move?
First off, it will immediately augment our topline growth data, which is a core factor for institutional investors in search of strong growth potential. We can now offer a better argument given the strong revenues we assume as we onboard CBD Infusionz. For example, if we backdate our analysis, the combined entity would have had total sales of more than $500K in February alone.
In addition, following this acquisition, we have a fully developed retail, wholesale, distribution, and white labeling operation in the CBD space to augment our Where’s CBD services offering.
In fact, with CBD Infusionz operationally integrated, we will now have on offer more than 150 product SKU’s, including vegan products, pet products, pre-rolls, concentrates, creams and lotions, muscle freeze, massage oil, and premium products with existing brand traction such as the Saucy Boss Concentrate line and the Terpy J Pre-roll line.
In short, we emerge from this deal with a powerful value proposition for new investment capital. Our equity is now trading at just 2X our 2019 projected sales, which represents a run rate of $6 million on an annualized basis at current levels. That run rate is also a fixed point on a steep growth curve that shows evidence of a 4-6 month doubling rate at present.
And, perhaps most importantly, we are tethered to arguably the two most robust growth markets on the planet right now in cannabis and CBD. Following this acquisition, we are now more focused on CBD than we have been in the past because the growth curve is even more robust in CBD than it is in cannabis, given the lack of legal barriers to mainstream adoption by consumers in North America. Recent updated forecasts now anticipate a twenty-fold ramp in total sales volume over the next 36 months in the CBD marketplace to over $20 billion, according to several prominent forecasts.
In other words, we believe, with our recent acquisition of CBD Infusionz, we have assembled the pieces of a very strong shareholder value proposition over coming quarters and years.
We will continue to act according to the principles that have taken us this far. We have a number of exciting plans in the works, and we will do our best to keep you updated as we move forward.
Best Regards,
Stavros Triant, CEO
$DVLP Making some nice afternoon moves. Wouldn't be surprised to see it break .02 by close today.
Golden Developing Solutions said it expects the acquisition of CBD Infusionz will represent a great addition to its CBD business and will provide value for the company and its shareholders. $DVLP
$LVCA big volume coming in.
$PHIL..Company Buyback 5.3 billion shares begins April 15th.
One area of the market that has been the undisputed champion in recent action is anything related to cannabis. This includes two different but highly intertwined phenomena: CBD and Marijuana. Both have been exploding higher. $DVLP
Golden Developing Solutions said it expects the acquisition of CBD Infusionz will represent a great addition to its CBD business and will provide value for the company and its shareholders
In January, the company said it will build a facility for high-capacity CBD extraction and production. Last month, it announced the launch of its new WheresCBD portal, similar to its successful WheresWeed, an online and mobile platform for cannabis purchasing and delivery.
The acquisition of a CBD product manufacturer is one of the latest steps that Golden Developing Solutions has taken to establish a presence in the growing CBD market.
$DVLP up almost 5% on significant volume. This will run hard once more volume comes in.
$CFGX Huge volume
$CFGX Capital Financial Global Completes Merger With Affiliated Funding Corporation, Invoice Fac... https://www.barchart.com/share/news/1220642 … via @Barchart
$BKEN recently reinstated 850m AS should have a bounce from here..
Buying more $BKEN so cheap here it’s insane.
$VMHG Yatch sales rep hired and yatch builders consulted due to demand. Sounds like money
Part of VMHG’s strategy is to market a complete package of accessories. It intends to sell trailers via wholly owned subsidiary Excalibur Trailers USA Corp. Through another wholly owned subsidiary, Victory Yacht Sales Corp., the company offers yacht sales, brokerage and consulting services.
Take a look the company’s website at www.VictoryMarineHoldings.com
VMHG, which operates as a holding company, is based in Miami. Florida was the leading state nationally at $2.9 billion in 2017 revenues for sales of new powerboats, engines, trailers and accessories. That result was 10 percent higher than 2016 levels, according to the NMMA, as reported by Marina Dock Age. New powerboat sales in the U.S. reached a 10-year high in 2017, the association reported.
Long term, the company hopes to run a radio campaign and address international opportunities in several languages; a one-stop shop sales game plan is also offered
VMHG plans to raise its brand profile through both online and offline marketing, including SEO-driven internet sales and a focus on social media activity
In a growing luxury yacht market, VMHG stands out with special emphasis on after-sale service to customers while capitalizing on uptrends in yacht market growth
$VMHG real strong news on top sales rep and boat builder consult.
$VMHG My favorite play for the summer.
LATEST PR: Victory Marine Holdings Issues Shareholder Update
https://finance.yahoo.com/news/victory-marine-holdings-issues-shareholder-123000805.html
GM everyone...$VMHG
$ASFZ is on my wathclist today
MCOA is No #2 on the iHub breakout boards
$MCOA midday load zone on major news week:
$MCOA Acquires Interest in Licensed California Manufacturing & Distribution Company https://finance.yahoo.com/news/marijuana-company-america-announces-official-120000661.html …
$MCOA Announces Official Launch of hempSMART™ in the United Kingdom
Marijuana Company Of America Inc $MCOA Major Shareholder Sells $13,000.00 in Stock
Part of VMHG’s strategy is to market a complete package of accessories. It intends to sell trailers via wholly owned subsidiary Excalibur Trailers USA Corp. Through another wholly owned subsidiary, Victory Yacht Sales Corp., the company offers yacht sales, brokerage and consulting services.
the company’s website at www.VictoryMarineHoldings.com
To stand out in this large and growing industry, VMHG is planning to offer personalized customer attention after sales are made. One-stop, all-inclusive shopping and branding campaigns are being explored, including radio ads, social media activity and SEO online sales. International opportunities will also be targeted by the company, it said in its Regulation A Securities Offering Statement (http://nnw.fm/c4yhV).
VMHG plans to raise its brand profile through both online and offline marketing, including SEO-driven internet sales and a focus on social media activity
A recent article discussing the company reads, "To stand out in this large and growing industry, VMHG is planning to offer personalized customer attention after sales are made. One-stop, all-inclusive shopping and branding campaigns are being explored, including radio ads, social media activity and SEO online sales.
VMHG, +30.43% is employing its strategy to be a distinctive company in the expanding nationwide recreational marine market.
Solid News $VMHG Victory Marine Holdings Issues Shareholder Update https://www.otcmarkets.com/stock/VMHG/news/Victory-Marine-Holdings-Issues-Shareholder-Update?id=222194 …
Due to increased demand for boat sales, the Company has targeted strategic relationships with a small number of manufacturer facilities to begin production on our new line of center console and catamaran boat. A Letter of Intent is forthcoming. $VMHG
the company is full speed ahead in its operations. Miami International Boat Show and Miami Yacht Show had a fantastic turnout, a big win for Victory Yacht Sales where we picked up a number of quality listings and serious working prospects. $VMHG
VMHG hired one more licensed professional yacht broker with a proven track record in the industry: Mr. Yarmai Martinez brings knowledge and a solid sales track record. His successful background includes acquiring quality listings and is anticipated to be an excellent complement to our yacht brokerage department.
Looking for a bounce today after VMHG closed down 22.47% yesterday, on 2.39 times normal volume. https://otcbb.swingtradebot.com/equities/VMHG:OTC
GM everyone..