Green Cures Announces Buy Out to Instep Holdings LLC
September 23 2015 - 8:45AM
Access Wire
WINNETKA, CA / ACCESSWIRE / September 23, 2015
/ Green Cures & Botanical Distribution Inc.
(PINKSHEETS: GRCU) ("Green Cures"), Green Cures announces today the
establishment of new ownership. InStep Holdings LLC, a Delaware
Corporation has completed the buy out of Green Cures, and has
acquired the controlling shares as of September 18, 2015.
These changes are intended to drive revitalization and growth
across core consumable products, and to reinforce an overall
business strategy to reconstruct a solid foundation. This is a
transformational buy out which enables InStep to provide more value
to their stakeholders and more effectively compete in a rapidly
evolving competitive atmosphere.
Presently, there are no plans for a reverse split or AS
increase, nor does the company have any plans to take part in any
dilutive financing. Additionally, InStep will be working towards
restructuring the current share structure as opportunities emerge.
InStep Holdings will enhance the consumable products market and the
overall environment to deliver results shareholders deserve.
Currently, the new management team is being assembled, and will
be announced within the week. InStep Holdings will add value by
adding a food and beverage line; the beverage line will bring a
celebrity influence. InStep Holdings new website will also go live
within the week. It will highlight the company's strategic vision
for growth and expansion over the next few months. The goal with
the website will be to provide another resource for their partners
and shareholders to learn more about the company, associates and
products.
InStep Holdings LLC is focused on improving shareholder value
and confidence through actively seeking fresh and creative ways to
strengthen the company through distribution channels, restaurants,
brokers and a variety of top quality products. InStep's goal is to
broaden their appeal and provide commitment to sustainability
through executing strategies to grow responsible revenue.
About Green Cures & Botanical Distribution
Inc.
Green Cures & Botanical Distribution Inc. is a development
stage company that retails and wholesales hemp-infused nutritional,
botanical, sports, and body care products. The company is currently
Web-based and focuses on online retailing. Green Cures &
Botanical Distribution Inc. operates a diverse portfolio of
products and services within the botanical and cannabis industry,
as permitted by law. From concept to production and distribution,
Green Cures & Botanical Distribution Inc. is continuously
creating and introducing products that promote a healthy life
style.
Contact
www.gcbdinc.com
Safe Harbor Statement
This news release contains statements that involve expectations,
plans or intentions (such as those relating to future business or
financial results, new features or services, or management
strategies) and other factors discussed from time to time in the
Company's Securities and Exchange Commission filings. These
statements are forward-looking and are subject to risks and
uncertainties, so actual results may vary materially. You can
identify these forward-looking statements by words such as "may,"
"should," "expect," "anticipate," "believe," "estimate," "intend,"
"plan" and other similar expressions. Our actual results, such as
the Company's ability to finance, complete and consolidate
acquisition of IP, assets and operating companies, could differ
materially from those anticipated in these forward-looking
statements as a result of certain factors not within the control of
the company such as a result of various factors, including future
economic, competitive, regulatory, and market conditions. The
company cautions readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made.
The company disclaims any obligation subsequently to revise any
forward-looking statements to reflect events or circumstances after
the date of such statements or to reflect the occurrence of
anticipated or unanticipated events.
SOURCE: Green Cures & Botanical
Distribution Inc.
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