NEW YORK and DENVER, July 7,
2014 /PRNewswire/ -- DC Brands International, Inc. (OTCQB:
HRDN) ("DC Brands" or the "Company") is very excited to announce
that it generated $40,000 of revenue
for the quarter ended June 30,
2014. DC Brands Green Investors, LLC ('Green") earned
$50,000 from its 1st
Colorado marijuana client for the
quarter, and through its 80% ownership interest in Green, DC Brands
earned $40,000. This represents
an increase in revenues from Q1 2014 as well as an increase
from 2013 revenue.
Bob Armstrong, DC Brands' CEO and
CFO stated, "We are very pleased to announce revenues from our new
business direction. This is the first step in achieving
anticipated positive cash flow and continuing to provide value to
our debt holders and shareholders. After attending WeedStock
in Denver earlier this week, I am
very excited about our business model and the direction of the
marijuana industry as a whole."
About DC Brands International, Inc.
DC Brands
International, a publicly traded company under the ticker symbol
(HRDN). On April 4, 2014, the Company
announced that it intended to become a service provider to fully
licensed Colorado medical and
recreational marijuana businesses.
Forward-Looking Statements
This press release may
contain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. The Company intends for the forward-looking
statements to be covered by the safe harbor provisions for
forward-looking statements. Words such as "anticipates," "expects,"
"intends," "plans," "believes," "seeks," "estimates," or variations
of such words are intended to identify such forward-looking
statements. The forward-looking statements are based on current
expectations, estimates and projections made by management and
include statements regarding the Company's new corporate focus and
its anticipated positive cash flow and value to debt holders and
shareholders. All forward-looking statements in this press release
are made as of the date of this press release, and the Company
assumes no obligation to update these forward-looking statements
other than as required by law. The forward-looking statements are
subject to risks and uncertainties that could cause actual results
to differ materially from those set forth or implied by any
forward-looking statements, such as our ability to implement
successfully our new corporate plan, attract clients and necessary
capital, the ability of Green to successfully enter the
market and the continued rapid growth of the local Colorado marijuana industry, that our
financial projections are materially different from actual results,
and the risk factors discussed in the Business and Management's
Discussion and Analysis sections in our Quarterly Reports on Form
10-Q, Annual Reports on Form 10-K and Current Reports on Form 8-K.
Copies of these filings are available
at www.sec.gov
SOURCE DC Brands International, Inc.