HOUSTON, July 25, 2014 /PRNewswire/ -- Solanbridge
Group Inc (OTC: SLNX) is pleased to announce that SLNX has acquired
the majority interest in Buzznbrewz.com and the Letter of Intent
issued on July 11, 2014 has been
replaced with a fully executed Purchase Agreement.
Charles R. Shirley, Managing
Director of Solanbridge, stated "We are proud to have Mr.
David Pecoraro and Buzznbrewz.com
join SLNX's team. David has decades of experience in the
private sector and developed a tremendous network of contacts who
have been helpful to SLNX's effort in the past and will be again in
the future."
David Pecoraro is a 52 year old
entrepreneur. He writes a social media newsletter that follows
trends of long term investment waves. At the same time, David
developed a transportation business, specializing in high value
items, successfully involved with high profile projects. In the
previous 20 years, David was involved in the wholesale, retail and
distribution of grocery/retail and restaurants. David held
positions in sales and management for Durkee/Frenchs and other
companies, in production, distribution specialist in opening new
stores and accounts.
Solanbridge expects Buzznbrewz.com to generate revenues from its
line of beer brewing, coffee, vapor, cigars, vitamin, and cannabis
paraphernalia products within the next two weeks.
On July 11, 2014, SLNX signed a
Letter of Intent (LOI) to acquire majority interest in
Buzznbrewz.com, specifically an eighty percent (80%)
interest. On July 24, 2014,
SLNX and Buzznbrewz.com fully executed a definitive Purchase
Agreement to acquire Buzznbrewz.com, closing the LOI and making
Buzznbrewz.com SLNX's newest subsidiary.
About Solanbridge Group Inc
Solanbridge Group Inc, based in Greater Houston, is a diversified holding
company looking to expand into the medical marijuana industry by
developing commercial grower's licenses in Eastern Canadian medical
marijuana jurisdictions, with the partnership of First Nations and
developing CBD-infused products in Colorado and Nevada through its subsidiary Tasty Greenz
LLC. Solanbridge is also pursuing other acquisitions in the
growing medical marijuana field.
About Buzznbrewz.com
Buzznbrewz.com is your destination for all your product needs
in: Beer Brewing, Coffee Products, Cigars, Pot/Hemp, Cannabis
Shots, Chews, Vapors, E-cigs, Pipes, Hookahs, Bongs, Flavors,
Parts/Supplies, Vitamins, Oils Supplements and other Dietary needs
for your enjoyment. Also, Buzznbrewz.com offers a special line of
Logo and Vice Apparel at buzznbrewz.com.
This release includes "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements are based upon the current beliefs and
expectations of Solanbridge's management and are subject to
significant risks and uncertainties. There can be no guarantees
with respect to that the products will prove to be commercially
successful. All forward-looking statements are inherently
uncertain as they are based on current expectations and assumptions
concerning future events or future performance of the company. If
underlying assumptions prove inaccurate or risks or uncertainties
materialize, actual results may differ materially from those set
forth in the forward-looking statements. Solanbridge undertakes no
obligation to publicly update any forward-looking statement,
whether as a result of new information, future events or
otherwise.
SOURCE Solanbridge Group Inc