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Wednesday, April 18, 2018 1:57:31 PM
Grand Capital Ventures Inc. Announces That It Will Be Acquiring its First Foreign Company, FEDECUMBRE COLOMBIA SA, A Colombian Company As A Wholly Owned Subsidiary. PORT ST. LUCIE, FL / ACCESSWIRE / April 17, 2018 / Grand Capital Ventures Inc. (OTC PINK: GRCV) announced today that the Company will be finalizing the acquisition of a Colombian Company, FEDECUMBRE COLOMBIA SA, as a wholly owned subsidiary. The Colombian company currently ships eighty metric tons in coffee annually to Europe and is currently setting up distribution in China as well as Australia, and will be supplying its most current financial statements to Grand Capital Ventures Inc in anticipation of the formal documents being signed.
For its part, FEDECUMBRE COLOMBIA SA is also entertaining the US market, and has already invested in packaging the different product skews and it believes being a wholly owned subsidiary of the public company, through a specific designation of convertible preferred stock gives it the best possible opportunity to protect its current investors and grow the value of the company in the future. Additionally the company's spokespeople Juan Carlos Arrieta, and Luis Meija both New Jersey residents, are bullish on the opportunities in both China and the USA. They said that the goal is to start their own coffee establishment within the Miami area to stage entry into the US Market and to franchise the opportunity with their various product lines to investors seeking to start their own business.
ABOUT FEDECUMBRE COLOMBIA SA
FEDECUMBRE COLOMBIA SA is the Colombian equivalent of a C Corporation in the US. It's Controlling Partner & CEO is Sophie Wang. She maintains strong relationships with coffee growers in Colombia and set up the collective with farmers within Colombia to bring Colombian coffee, as well coffee mixed with chocolate to Europe and China. The product is currently sold in Colombia and in Europe with distribution coming to China and Australia. For more information on the cooperative that Sophie Wang and her partners have put together as well their products and packaging please visit the following sites at www.cafemoltos.com and www.cooperativamanizales.com.
Grand Capital Ventures Inc. Inaugurates Debt Removal Program
Florida-April 12, 2018 /RSS FEED -- Grand Capital Ventures Inc. (OTC PINK: GRCV) announced today that the Company will be novating a large amount of corporate debt. The Company will accomplish this by purchasing various debt pieces with Series Preferred B Shares. The Company currently has approximately 900 K in Long Term Convertible Debt (including interest). The Company hopes to novate a large amount of this debt into Series B Preferred. The process the Company will offer to its debt holders would allow for a partial forgiveness of interest and novating the balance of each note into Series B Preferred.
The benefits to the Company are significant. One such benefit is that the Notes will no longer be accruing interest. Another benefit is that the debt will be removed from the balance sheet as a liability.
The first piece of debt reduction has been agreed upon with an unnamed creditor. The documents are being generated and executed and the Series B will be issued next week. This one transaction reduces the Company’s debt by 75K. The Company hopes to negotiate the reduction of debt in this manner with many of the Company’s creditors in the coming months.
These debt removals are another part of the Company’s commitment to enhancing shareholder value as a part of its goal of attracting subsidiaries that bring increased revenue and positive potential to the Company.
Grand Capital Ventures Inc. Files Paperwork to Reduce it Authorized by 3 Billion Shares and Announces the Return of 1.25 Billion Shares to the Company
Florida-April 11, 2018 /RSS FEED -- Grand Capital Ventures Inc. (OTC PINK: GRCV) announced today that the Company has sent the paperwork to the State of Florida for filing the official reduction of its Authorized Shares from Six Billion Common Shares to Three Billion Common Shares. The authorized share count represents the number of common shares available for issuance. The reduction has taken effect upon the Company’s Resolution and should be posted with the state within five business days. Upon the state’s filing the Company’s Transfer Agent will reflect the reduction on its books.
The company has also completed a transaction where One Billion, Two Hundred and Fifty Million Restricted Common Shares have been returned to the company for cancellation. The net result of the reduction of the Company’s Authorized and the return of the One Billion, Two Hundred and Fifty Million Restricted Common Shares is the company now has Three Billion Common Shares Authorized for issuance and Two Billion, Six Hundred and forty two million, Three Hundred and Ninety Eight Thousand and Three Hundred and Three Common Shares Issued and Outstanding. This number is subject to the company’s Transfer Agent accounting which should occur within the next few days; although the Company feels confident in the numbers. If the new number of issued is off it would only be off by a fewless than One Thousand Shares.
These moves are representative of the Company’s commitment to enhancing shareholder value as a part of its goal of attracting subsidiaries that bring increased revenue and positive potential to the Company.
Grand Capital Ventures Inc. Announces Acquisition Of Track Killers Entertainment Inc & its Subsidiaries. PORT ST. LUCIE, FL / ACCESSWIRE / April 9, 2018 / Grand Capital Ventures Inc. (OTC PINK: GRCV) announced today that the Company has finalized the forward acquisition of LA based Track Killers Entertainment Inc & its subsidiaries. The acquisition of the Wyoming domiciled Company leaves Track Killers with control of its business operations, past, present and future and provides the public company with much needed assets and equity that it can further consolidate alongside Galactic Technology Inc. on its financial statements. The acquisition is more of a joint venture which was consummated through the exchange of Track Killers private stock for the public Convertible Preferred Stock of Grand Capital Ventures Inc.
For its part, Track Killers Entertainment Inc has already been entertaining offers from investors to purchase equity in the company previous to the acquisition, and it believes being a wholly owned subsidiary of the public company, through a specific designation of convertible preferred stock not only protects its evaluation but also gives its current as well as future investors more comfort level owning stock in a growth oriented company. Additionally the company's subsidiary, owned by Josh Crosby and his wife, a company in the barber & cosmetology field in the Los Angeles area that licenses students for the entire state of California, is already cash positive and its unaudited financial statements for the last 2 years are listed in the addendum.
ABOUT TRACK KILLERS ENT INC
Track Killers Ent, inc. was founded in 2014 by 2 visionary musical creatives Josh Crosby & Geoffrey Davis. Following many musical successes as a record label and production team, they expanded into technology to close the untranslatable gap between the music business, social media, and the tech world. Track Killers is a hybrid “DIGITAL LABEL” that houses recording artists, music producers, songwriters, A&R’s, tech specialist and an ever-expanding think tank that strives to push the envelope in entertainment and quality control. Track Killers Ent, inc. has already launched their first tech platform https://TrackKillers.com which is an ECommerce Driven Digital Marketplace & Firm "Powered by Google" for artists, producers, songwriters, and record labels that will close the gap between music publishing, digital task management, and musician royalties using non-traditional methods such as Digital SmartContracts & A.I. (Artificial Intelligence). As their business model is to build digitally innovative intellectual property collecting engines, https://TrackKillers.com (IOS & Google
Grand Capital Ventures Inc. Announces 3 Billion Share Reduction Press Release | 04/05/2018
PORT ST. LUCIE, FL / ACCESSWIRE / April 5, 2018 / Grand Capital Ventures Inc. (OTC PINK: GRCV) announced today that the Company has approved a 3 billion reduction of its authorized shares. These significant authorized share reductions are part of the Company's continued commitment to its policy of enhancing shareholder value.
The company has completed the acquisition of New Jersey-based Galactic Technology Inc, previously an LLC, as a wholly owned subsidiary. Galactic Technology Inc. has supplied its financial statements for the last 2 years and the company is currently doing $1,500,000 in revenues annually.
Grand Capital Ventures Inc Intends To File Audited Financial Statements To Become A Fully Reporting Company.
Florida-April 2, 2018 /RSS FEED -- Grand Capital Ventures Inc. (OTC PINK: GRCV) is pleased to announce that it intends to file audited financial statements, so that it can become a fully reporting company. Grand Capital Ventures Inc is currently in the process of shortlisting PCAOB auditing firms that can audit the company's consolidated financial statements. To the extent that Grand Capital Ventures Inc continues to grow through its subsidiaries and through its own acquisition of joint venture partner companies, the company sees the need to start becoming a fully reporting issuer, with the objective of ultimately being listed on a nationally recognized exchange once it meets certain qualifications.
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