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Wednesday, June 28, 2017 8:40:23 AM
Oxford Enters into Agreement for Florida Property
Toronto, Ontario (FSCwire) - Oxford Investments Holdings Inc. (“Oxford” or the “Company”) (OTCMKTS:OXIHF) is pleased to announce that its US-based subsidiary, Pioneer Green Inc., has entered into a lease-to-purchase agreement for 12 acres of arable land in Florida. Pioneer Green will immediately initiate preparing the property to commence commercial nursery operations with its Florida partner, Drymon’s Citrus Nursery.
As per the Company’s press release dated June 13, 2017, Pioneer Green Inc. is in the early stages of pursuing a license to grow and distribute marijuana for medical purposes in the State of Florida. The Company is actively working to meet all the necessary requirements for submission of a Florida medical marijuana license application.
Oxford is in the process of implementing a strategic initiative to diversify the Company’s sources of revenue by actively pursuing merger and acquisition opportunities in the rapidly emerging medical marijuana industry in Canada and the United States. Oxford is well positioned to provide credit card processing to medical marijuana producers and dispensaries if, as, or when legislation is passed enabling financial institutions to accept payments for the purchase and sale of marijuana.
About Oxford Investments Holdings Inc.
Oxford Investments Holdings Inc. is establishing itself as a leading payment solutions provider. The Company acts as a third-party processor, directing online merchants who require credit card processing to the company’s network of processors whose payment gateways are integrated into a number of banks in China. Oxford earns commission revenues from the processors, while minimizing its infrastructure requirements and overhead costs. Oxford, through its partner, Koho Group, has also established relationships in the Chinese financial and electronic payments industries.
FORWARD LOOKING STATEMENTS DISCLAIMER:
Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.
This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company's current strategy or product offerings.
Contacts:
Oxford Investments Holdings Inc
Michael Donaghy 1-416-576-4671
Website: www.oxsof.com
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Oxford06282017.pdf
Source: Oxford Investment Holdings Inc. (OTCQB:OXIHF)
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