Ross' Gold Comments on Recent Stock Volume and Price Increase
June 04 2014 - 8:01PM
Marketwired
Ross' Gold Comments on Recent Stock Volume and Price Increase
TORONTO, ON--(Marketwired -
June 04, 2014) - Green and Hill Industries (PINKSHEETS: GHIL) dba Ross' Gold (the
"Company") has been advised of a significant increase in the share
price and trading volume of the Company's shares beginning Tuesday,
June 3, 2014 and continuing Wednesday, June 4, 2014.
The Company has been advised by the British Columbia Securities
Commission ("BCSC") that the Company is the subject of a
promotional campaign by a newsletter writer. The material being
distributed contains promotional language pertaining to the
Company's business, activities and future share price. The
promotional campaign coincides with, and appears to have effected,
a significant increase in the share price and trading volume of the
Company's shares beginning Tuesday, June 3, 2014.
The Company and its officers and directors did not authorize or
participate in the promotional campaign in any way and do not
endorse it. The Company and its officers and directors only became
aware of the promotional campaign when advised by the BCSC.
A disclaimer by one of the letter writers indicates that
Development Solutions Co. Ltd engaged, and compensated, the letter
writer for the promotional campaign. The Company and its officers
and directors:
- do not know who beneficially owns controls or represents
Development Solutions Co. Ltd.
- has never had contact with nor knows who Eric Dickson, Editor
of Breakaway Stocks is,
- do not know if Development Solutions Co. Ltd. owns shares of
the Company,
- did not participate in, or benefit from, trading in the shares
of the Company during the promotional campaign.
The Company further advises that there are numerous false
statements in the newsletter including:
- Inference that a huge profit and giant sized returns might be
made from trading in the Company's stock
- Inference that Ross' Gold will be sold in USA where in fact,
the Company has no plans to enter the USA marketplace
- Inference that Ross' Gold is a marijuana company where in fact
it is a licensing and branding company
- Inference that the Company is the first publicly traded
Marijuana Company in Canada
- Inference that the Company's CEO made money for outside
investors as a real estate developer where in fact no money was
made for outside investors
- Inference that there is NASDAQ.com report, to wit the Company
is unaware.
- Inference that the Company could be the subject of a buy out
where in fact the is no buyout or planned buyout
The Company and its officers and directors are unaware of any
business reason for this market activity and price
increase. All material developments concerning the Company of
which its officers and directors are aware have been disclosed in
the Company's filings with OTC Markets and SEDAR. The Company
encourages anyone interested in the Company to review its filings
with OTC Markets (US) or on SEDAR (Canada)
About Ross' Gold
Ross' Gold plans to license it established brand through
partnerships with government approved licensed producers in Canada
for medical cannabis strains called Ross' Platinum, Ross' Gold,
Ross' Silver and Ross' Bronze with specific THC/CBD levels for
specific ailments. The Company has an established international
brand with the celebrity of Olympic Gold Medal winner Ross
Rebagliati and also looking to license its brand to other cannabis
related companies globally. Please visit
http://www.rebagliatigold.com/ for more information.
Safe Harbor Statement
This news release contains "forward-looking statements" as that
term is defined in Section 27(a) of the United States Securities
Act of 1933, as amended and Section 21(e) of the Securities
Exchange Act of 1934, as amended. Statements in this press release
which are not purely historical are forward-looking statements and
include any statements regarding beliefs, plans, expectations or
intentions regarding the future. Such forward-looking statements
include, among other things, projections of worldwide sales of
Ross' Gold's products and global markets. Actual results could
differ from those projected in any forward-looking statements due
to numerous factors. Such factors include, among others, the
inherent uncertainties associated with new projects and development
stage companies. These forward-looking statements are made as of
the date of this news release, and we assume no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements. Although we believe that any beliefs,
plans, expectations and intentions contained in this press release
are reasonable, there can be no assurance that any such beliefs,
plans, expectations or intentions will prove to be accurate.
Investors should consult all of the information set forth herein
and should also refer to the risk factors disclosure outlined at
www.rossgold.com and other periodic reports filed from
time-to-time.
Ross' Gold (the 'Company') Telephone: 647.478.3603 Email
contact
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