Valiant Eagle Inc (PSRU)

[PennyMaster]

$PSRU Huge News out!! Purespectrum Inc. (PSRU:OTC) Acquires Land In Encinitas, California And Updated Corporate Contact Information

LOS ANGELES , Nov. 08, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Purespectrum Inc. (OTC:PSRU) is pleased to announce that is has acquired vacant land in Encinitas, California at a 40% discount to its estimated value of $1,417,534 . The purpose of the purchase is two-fold. Firstly, it strengthens the balance sheet of the company with a hard asset that will assist in negotiations with any potential mergers or acquisitions especially with respect to content. Secondly, if the company builds a property on the land, it could house our out-of-town celebrities, producers and other stakeholders.

With real estate in California being highly demanded, Purespectrum feels that by incorporating property in its balance sheet, it will provide a long term appreciation for shareholders. PSRU is currently in the process of acquiring even more property in order to strengthen its balance sheet substantially.
Xavier Mitchell , CEO of Purespectrum Inc. (PSRU:OTC), states the following, The seller of the land is a major real estate developer in California . As such, he was interested in making a sizable investment in the company to have an eventual equity position so as to benefit from our rapidly expanding company. This acquisition benefitted both of us.
Pleasebe advised to use both our updatedcorporate contact information and website for all updates, news, and communication.
Investor inquiries: [e-mail] Website: www.psru.org Twitter: @psruofficial Facebook: @Psruofficial
Updates will be forthcoming.