CBDD CBD of Denver Inc (PK)

Verde Media Group, Inc. (OTC: VMGI) announced the following updates and details in response to shareholder inquiries. With respect to the recently announced executed acquisition of Astrablu's equity interest in the Fistful of Blood trilogy, William Veve stated, "It is industry standard to establish individual films or film series as an individual business entity for the logistical autonomy necessary to manage all the moving parts involved in film production, while the equity interest in this company may be held by one or more individuals, partners, or companies. In this case, our emerging partnership with, and investment in Astrablu properties resulted initially in the one hundred percent acquisition of Astrablu's interest in the Fistful project which was a wholly owned subsidiary in fact, of Astrablu. (www.astrablu.com) Astrablu will still produce the series in conjunction with Verde and any other producers we may engage, and our development of future properties together may result in further acquisitions of Astrablu interests."

Mr. Veve added, "with respect to the status of Verde Media's TV reality series ‘Cowboy Mining’, post-production at Transition Productions is nearly complete. A major distribution and co-production contract is imminent, though obviously cannot be announced by any party until the execution of definitive agreements, which we will excitedly announce as soon as finalized."

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.

CBD of Denver (PK) (USOTC:CBDD)
Historical Stock Chart
From Mar 2024 to Apr 2024

CBD of Denver (PK) (USOTC:CBDD)
Historical Stock Chart
From Apr 2023 to Apr 2024