Verde Science, Inc. Announces Appointment of Medical Marijuana Industry Veteran to Board of Directors
May 14 2014 - 9:00AM
Marketwired
Verde Science, Inc. Announces Appointment of Medical Marijuana
Industry Veteran to Board of Directors
Appointment of Luis Bobadilla Is Prelude to Company's Rollout of
Its Cannabis R & D Cultivation Design, Engineer, Build and
Management Consulting Business Model
LOS ANGELES, CA--(Marketwired - May 14, 2014) - Verde Science,
Inc. (the "Company") (OTCQB: VRCI) announced today the appointment
of Luis Bobadilla III to its board of directors.
After beginning his career at J.P. Morgan Chase on the Latin
America Bond Desk as an analyst, Mr. Bobadilla launched several
successful startup companies in multiple industries. He is the
founder (2006) and manager of Sherman Oaks Holistic Oasis, a fully
compliant medical marijuana collective that has successfully
navigated all regulatory processes and operates in Los
Angeles County. He was the managing partner and co-founder of
Orange County Glass Works, LLC in 2002. Mr. Bobadilla also
established and grew 'Pure Glass' as one of the premier smoking
accessory brands in the U.S.
Mr. Bobadilla is a graduate of the London School of Economics
and is an experienced entrepreneur with a proven track record of
identifying business opportunities in nascent industries and
developing and executing; initial funding, strategic planning, team
building, and marketing strategies toward rapid growth in revenue
and market share. Mr. Bobadilla is joining Verde Science as
part of the Company's plans to enter into the Medical Marijuana
Cultivation Design, Engineer, Build and Management Consulting
Business. The Company will be providing more details on this
business model in the next few days.
Verde Sciences' CEO, Harp Sangha, comments, "We're very pleased
that Mr. Bobadilla has joined our Board. Within this sector, there
are very few individuals with full regulatory knowledge and
successful operational experience. His participation will help
ensure a successful implementation of our business
strategy. As we have disclosed previously, Verde Science is
committed to establishing itself as a leader in the medical
marijuana industry. With the addition of Mr. Bobadilla to the
team, we have access to and can leverage his vast resources and
contacts in the industry, especially in the areas of research and
development. We are excited to have him on the team and we are
confident that our shareholders will be pleased with the model we
will be unveiling in the coming weeks."
About Verde Science, Inc. (VRCI)
The Company (www.VerdeScienceInc.com) has identified, and
developed relationships with and is working with leading
manufacturing and research and development experts in the
burgeoning medical marijuana industry. The Company is focused
on providing technical and financial resources to clients in the
MMJ space.
Safe Harbor Statements Certain information contained in this
news release constitutes "forward-looking statements" as such term
is used in applicable United States and Canadian laws. Generally,
these forward-looking statements can be identified by the use of
forward-looking terminology such as "expects" or "does not expect",
"is expected", "anticipates" or "does not anticipate", "plans",
"estimates", "intends" or "believes", or that certain actions,
events or results "may", "could", "would", "might" or "will be
taken", "occur", or "be achieved".
Forward-looking statements are based on the opinions and
estimates of management as of the date such statements are made,
and are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements. Many of
these factors are beyond the Company's ability to control or
predict. Important factors that may cause actual results to differ
materially and that could impact the Company and the statements
contained in this news release can be found in the Company's
filings with the SEC. Such risks and other factors include, among
others, the ability to locate and acquire suitable interests in oil
and gas properties on terms acceptable to the Company, the
availability of financing on acceptable terms, accidents, labor
disputes, acts of God and other risks of the oil and gas industry
including, without limitation, risk of liability under
environmental protection legislation, delays in obtaining
governmental approvals or permits, title disputes or claims
limitations on insurance coverage. The Company believes that the
expectations reflected in the forward-looking statements included
in this news release are reasonable; however, no assurance can be
given that these expectations will prove to be correct, and such
forward-looking statements should not be unduly relied upon. The
Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information,
future events or otherwise.
For further information please contact: Harp Sangha Chairman/CEO
1-858-210-0236 harpsangha@shaw.ca Torrey Hills Capital Jim
MacDonald/Clay Chase Tel: 1-858-759-9902
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