HMIT NEWS:
Verde Media Group Inc., Issues Corporate Update
HIDALGO MINING INTL (OTC) (USOTC:HMIT)
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Today : Thursday 5 August 2010
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Verde Media Group Inc. (OTCPK: HMIT), issues Corporate Update on current status of the pilot episode of Cowboy Mining. The full crew and support staff has been assembled and the company will begin filming on August 12th, live in Hermosillo, Mexico. The company has secured the Timmons SAN FRANCISCO GOLD PROJECT located in Sonora, Mexico as one of the premier locations that will feature the team from Globexplore (www.globexplore.com). Media will be added to the corporate website (www.verdemediagroup.com) documenting the production of the show.
Further, in response to shareholder inquiries concerning the authorized common stock of the company, the amount authorized has not changed and remains at four billion (4,000,000,000) shares. As previously stated, the Company is not raising the authorized.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect the Company's future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of the Company to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. The Company undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in the Company's expectations.
