Full Alliance Group, Inc., Shareholder Update May 4, 2017
Dear Shareholders,
Full Alliance Group, Inc. (FAGI) is moving forward with the acquisition of DiMora Pods, Inc. DiMora Pods are turn-key, state-of-the-art, customizable modular cultivating systems that streamline the startup process in the farming and biodynamic industries to begin generating revenue in as little time as possible, with a focus on maximum yield within the eco-friendly, easily relocatable structures.
FAGI's management team, led by CFO Rudy Kiste, has been working diligently with the founders of DiMora Pods to increase revenue. Since our previous announcement, DiMora Pods is under way of acquiring a much larger facility in Palm Springs California, due to heavier-than-anticipated order volume.
Additionally, Full Alliance and DiMora Pods have been working to develop a strategic partnership with Native American Tribes, for the rights to place the pods on sovereign lands across the United States. The initial land to be available to Full Alliance is expected to be more than 350,000 acres. This land will be available to place DiMora Pods for both cannabis growth and organic, bio-dynamic produce.
Full Alliance and DiMora Pods are negotiating with several large companies to place pods on sovereign land for producing CBD oil to supply their own existing product lines.
The Board of Directors and the FAGI management team expect to make further announcements in the coming days.
Jacob Thomas
Chairman of the Board
FORWARD-LOOKING STATEMENTS
This shareholder update may contain a number of forward-looking statements. Words and variations of words such as: "expect”, "goals", “could”, "plans", "believe", “continue", "may", "will" and similar expressions are intended to identify our forward-looking statements, including but not limited to: our expectation for growth, benefits from brand-building, cost savings and margins.
These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from those indicated in our forward-looking statements. Such factors include, but are not limited to: continued volatility of, and sharp increase in: costs/pricing actions, increased competition, risks from operating internationally, consumer weakness, weakness in economic conditions and tax law changes.
