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$DGRI DGRI News: Dutch Gold Provides Update on Corporate Developments 05/22/2014 08:30:00 AM
$DGRI DGRI News: Dutch Gold Provides Update on Corporate Developments 05/22/2014 08:30:00 AM
$DGRI Safe Harbor Disclosure
Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Dutch Gold Resources, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
For further information, please see www.DutchGoldInc.com or please contact Daniel Hollis, CEO of Dutch Gold Resources, Inc. at 404-419-2440.
$DGRI Business Description
Dutch Gold Resources, Inc. has positioned itself in the financial and business services space, serving the Medical Marijuana industry. The Company’s goal is to establish itself as a leading provider of financial services to the sector with initial focus on merchant services, business advisory services and sponsoring state-specific crowd-funding platforms.
We are a public company quoted on OTCMarkets.com under the symbol DGRI.
Our strategy is to leverage technology to serve this rapidly growing sector, deploying leading edge merchant services technology, and a network of business service providers to bring credit services to support the growth of the emerging Medical Marijuana space.
The Company has withdrawn from active involvement in the gold mining sector and is now a passive investor.
The financial services sector in the emerging medical marijuana industry presents opportunities for growth, through the leveraging of our networks, our technology and contacts.
For a stock quote and further information please click on http://www.otcmarkets.com/stock/DGRI/quote
For further investor information, please click on http://www.otcmarkets.com/stock/DGRI/company-info
For MATERIAL CONTRACTS cut and paste this link: http://www.dutchgold.bravesites.com/material-contracts
$DGRI We See Opportunities
Opportunity: The market is wide open to technology solutions that facilitate banking activities by non-bank organizations; particularly ones that allow enhance compliance with state and federal regulations.
Opportunity: The market for financial business advisory has little competition. Credit services, accounting, human resources and compliance are all needed as the market grows and consolidates.
Opportunity: Crowd-funding offers a unique platform to serve this market over the next two years. We intend to launch state-specific platforms that can facilitate complaint fund raising. We intend to capture market share during this formative period in the industry by offering access to debt facilities as well as crowd-funding platform. We believe that there will be significant advisory service roles as the market grows and matures.
$DGRI Rapid Expansion Creates Opportunites
We are focused on the rapidly growing medical marijuana industry. Twenty states have legalized medical marijuana and two states have legalized recreational marijuana.
According to Ibis World, the sector will generate $2B in revenue. The sector is estimated to grow to $10B in the next five years. Ibis World estimates that there are approximately 1.3 million people employed by the sector and over 1.1 million small business.
Over the next five years we expect there to be an explosion of new businesses, followed by a consolidation in each subsector.
Correspondingly, we intend to grow as new merchants enter the market because of enabling legislation, and as merchants increase their retail sales, we expect to providemerchant services, business advisory services credit, and finally we intend to provide financing solutions through proprietary crowd funding platforms.
$DGRI Daniel Hollis, CEO, Director:
Mr. Hollis is a seasoned executive with an extensive background in corporate finance.
Lance Rosmarin, Director:
Mr. Rosmarin has been associated with the Company and its' predecessor for over ten years. He has extensive experience with small cap public companies and has been involved in numerous turn-around situations.
$DGRI Our Team
Our management team is comprised of financial services professionals and select technical advisors. We leverage thirty years of business experience in capital markets, business services and technology. Having supported rapid growth industries, our intention is to lead this sector with leading edge technology to facilitate cash management, customer loyalty, access to credit and the capital markets.
$DGRI Providing financial solutions for an emerging growth sector
Dutch Gold intends to provide financial services, including merchant banking, merchant services and business services with a specific focus in the emerging “cannabis industry.” We intend provide financial services to this underserved business sector. For consumers we expect to provide payment mechanisms more inline with the traditional retail experience. For business in the legal marijuana sector, we intend to provide cash management alternatives through merchant services, business credit advisory services and access to capital through state-specific crowd-funding platforms
$DGRI Share Structure (TA)
Market Value1 $1,637,400 a/o Mar 26, 2014
Shares Outstanding 2,729,000,000 a/o Mar 21, 2014
Authorized Shares 2,750,000,000 a/o Mar 21, 2014
$DGRI Crowd Funding Holdings, Ltd. owns and operates two separate businesses that are part of a portal’s ecosystem. Portal Squared Community is a dynamic application where portal operators connect and start developing the vision of a crowdfunding portal. Portal Squared Funding provides seed, launch and growth capital to support the best of the portals developed in the Portal Squared Community. We are committed to delivering services to support these markets through the process of launching, funding and operating a portal.
http://www.crowdfundingholdings.com
$DGRI How can we help you?
We provide customer centric financial services to the medical marijuana sector.
Currently, federal regulations make it difficult to find banks and other providers to have access to banking from interstate banks. The industry generates about Two Billion dollars of revenue and is slated to grow to $10 Billion over the next five years. The need for sophisticated financial services in readily apparent, while the transition from an “all cash” business to a 21st century banking model is not. To that end, we intend to rollout a series of products focusing on:
Merchant Services to connect dispensaries and their customers
Business services such as Business Credit Advice, and accounting and compliance
Access to capital through state-specific crowd-funding platforms