Grand Capital Ventures, Inc., GRCV, Enters into Acquisition Agreement
Port St. Lucie, FL, United States / January 16, 2019 / Grand Capital Ventures, Inc. (OTC: GRCV), (the
“Company”),
announced today that the Company has entered into an acquisition agreement to acquire as a wholly-owned subsidiary,
a privately-held corporation. Additionally, as part of this transaction,
The Control Block of Series A Preferred Shares is also being sold. Further details of the acquisition and
transfer of Control were not released at this time;
they will be released in the near future.
The company being acquired by Grand Capital Ventures, Inc. brings to
the Company substantial
revenues and the prospect of continued gains in future revenues
and profits in the years ahead,
significantly increasing long term shareholder value.
Gregory Bourque, CFO, added,
“Completion of this acquisition and its assimilation,
significantly changes
our central focus, and alters our managerial makeup and methods of operations.
As a result, the
majority of our energy will be put into the acquired company’s business and capturing the incremental
revenue and profits that they generate. For us,
this is a major game changer.”
About Grand Capital Ventures, Inc.
Grand Capital Ventures, Inc. specializes in working with early stage companies and bringing together the
resources needed for them to attain financial stability and growth.
Our focus is on companies showing a
positive upside while striving to bring new technologies and unique products to market.
Safe Harbor Statement:
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set
forth in this press release constitute "forward-looking statements.” Forward-looking statements include,
without limitation, any statement that may predict, forecast, indicate, or imply future results,
performance or achievements, and may contain the words "estimate", "project", "intend", "forecast",
"anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or
words or expressions of similar meaning. Such statements are not guarantees of future performance
and are subject to risks and uncertainties that could cause the company's actual results and financial
position to differ materially from those included within the forward-looking statements. Forwardlooking statements involve risks and uncertainties, including those relating to the Company's ability to
grow its business. Actual results may differ materially from the results predicted and reported results
should not be considered as an indication of future performance. The potential risks and uncertainties
include, among others, the Company's limited operating history, the limited financial resources,
domestic or global economic conditions -- activities of competitors and the presence of new or
additional competition and conditions of equity markets.
CONTACT:
Grand Capital Ventures, Inc.
[305-902-9048]
Source: Grand Capital Ventures, Inc.
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