Code Green Apparel Corp (CGAC)

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Code Green Apparel Announces That They have signed an LOI to enter a Management Contract with DB Management, LLC

Press Release | 09/12/2022
Code Green Apparel Announces That They have signed an LOI to enter a Management Contract with DB Management, LLC.[/b

While Code Green Apparel Corp a company focused on fashion design and sustainable textile manufacturing and distribution announces that they are have entered into Letter of Intent to enter into a Management Contract with DB Asset Management, LLC. DB Management anticipates that the new operation will begin generating significant revenue within 120 days or sooner.

The digital platform, developed by DBM, utilizes technology to digitize, fractionalize, and monetize the value of real estate and other assets by separating that value from its use and ownership interest. By separating value from ownership, DBM aspires to bring liquidity to historically illiquid asset classes. The company will also have a currency play. According to Michael Knowles, DBMs Chief Executive Officer, Traditional competitors such as fiat currencies, digital currencies, housing market lenders, and traditional financial market and services cannot compare overall to the value we intend to bring. In this new era of money, technology and security are colliding to create a better form of currency.

We are excited to bring Code Green into the next level of technology, stated Code Green Apparel Corporation, CEO, Caren Currier. While being an environmentally friendly company for many years, we feel that our shareholders can benefit from this expansion into the financial realm and are excited about this new chapter for the company.

https://www.otcmarkets.com/stock/cgac/news/Code-Green-Apparel-Announces-That-They-have-signed-an-LOI-to-enter-a-Management-Contract-with-DB-Management-LLC?id=371992