Fake Press Release Forum

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FTPM Fake PR 11/14/18:

420 Property Management Repudiates Recent Press Releases as False and Misleading.

Carlsbad, CA, Nov. 14, 2018 (GLOBE NEWSWIRE) -- 420 Property Management (OTCBB: FTPM), announced today that they are initiating a corporate investigation into two separate press releases that were distributed by a WallStreetFighters a company supposedly controlled by Ivan Mal, and Unnamed Parties (“WSF and / or Unnamed Parties”) who fraudulently acted on behalf of the Company when they issued press release, on November 9, 2018 and November 14, 2018 that contained false statements about the Company’s activities, future plans, relationships with third parties and other misleading statements and characterizations about Pulse.

These unauthorized press releases did not originate from the Company and seem to have been initiated by a third party/(parties) who are unknown and unrelated to the Company. We strongly condemn this activity and would like to caution investors to be wary about future press releases that may be released via WSF and / or the Unnamed Parties about our Company activities. The Company has not done business with WSF and / or the Unnamed Parties in the past and any future news publications and press distributions from WSF and / or the Unnamed Parties about 420 Property Management should be read with caution.

WSF has been contacted directly by the CEO of 420 Property Management and offered the opportunity to publish a retraction of the misleading press releases. The requested retraction has not been forthcoming.

The following is a validated statement from Norman J. Payton the CEO of 420 Property Management, “The Unauthorized Press Releases published and distributed on November 9 and November 14, 2018 were not authorized by us and investors should be cautioned not to rely on any of the information contained within them. For information about the Company interested parties should review prior press releases and filings with the United States Securities and Exchange Commission and OTC Markets. We strongly condemn this unethical and illegal activity.”

Norman J. Payton, CEO finished, “While we are working hard to bring 420 Property Management current. we are still putting together the pieces needed to make a successful return to the market. I would also like to declare that FTPM and its officers have not benefitted in any way from the publication and distribution of this false information.”

About 420 Property Management

420 Property Management LLC is a diversified real estate development and property management company with a focus on the burgeoning hemp, cannabis, medical and legal marijuana industries. Through three integrated operating subsidiaries, 420 manages the full life cycle of real estate investment and property management in the cannabis and hemp industry. From acquisition of zoned agricultural land and commercial properties, to construction and development of technologically advanced cultivation, commercial and agricultural projects; to managing leaseable commercial and retail sites.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

Norman J. Payton
420 Property Management
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