Verde Media Group Inc., Issues Corporate Update
August 05 2010 - 8:15AM
Business Wire
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.