Replies to post #62476 on CBD Denver Inc (CBDD)

[357vegas]

Crunch - much better to look at the bright side of stuff.

Sell if the stress is to much. It's going to happen. Give it more time.

Good Luck

[phunnibone]

Clarification

The Company will adhere to the following investment policies and restrictions:

• Target Film and Television Projects: Investments will be made in small to medium sized budgeted projects $5mm-$15mm. Projects primarily targeted for a rating of no more than a hard R for wide audience that range across different genres.

• Type of Investments: Investments will be funded by way of cash. It is not intended that Ordinary Shares will be used as consideration for any investments in Projects

• Number of Investments: Once fully invested, the company envisages that it should hold investments in a diversified portfolio of approximately 30 to 40 Film Projects and 500 to 1000 various episodes of Television programming

• Borrowing: The Company may be permitted to use debt at the investment level where appropriate and may borrow, for investment or short-term funding purposes, amounts of up to 50 per cent. of the Group's Net Asset Value calculated at the time of borrowing. The Company may also utilize an overdraft and other short-term borrowing facilities to provide short-term working capital, including capital required to meet any expenses or fees payable by the Company

• Un-invested Funds: The Group intends that cash pending investment, reinvestment or distribution should be placed in bank deposits, bonds or government-issued treasury securities in order to protect the capital value of the Group's cash assets.

From the website:

Verde Media Group Inc. considers that following key acquisitions the Company will have strengths in:
• Film and television library of films and television programs
• Enlarged and improved international film and television sales operation
• Stable cash flow position as a platform for further acquisitions
• Predictable revenue and earnings
• Scaleable business model