DALLAS, April 4, 2014 /PRNewswire/ -- Nevis
Capital Corporation (OTC: OCEE), is pleased to announced that they
have executed a LOI (Letter of Intent) to purchase a Colorado online vaporizer retailer called
Vaportownusa.com. The operations of Vaportownusa.com are
established and the company has a significant revenue base which
has the potential to accelerate exponentially. It is our
intention to close this transaction in an expedited manner and the
purchase price will be satisfied through a combination of
restricted stock and cash payments in order to minimize dilution
and preserve the integrity of the company's capital
structure.
Management of Nevis Capital Corporation expects to announce
more significant transactions in the coming weeks. The roll
up strategy undertaken by Nevis Capital Corporation will result in
an integrated package of cannabis companies which can maximize
revenue and growth opportunities. The board is considering several
revenue producing acquisitions at this time. The market
opportunity for cannabis is massive and Nevis Capital Inc. intends
to benefit from these opportunities to continue to enhance our
shareholder's value.
The statements contained herein may include statements of
future expectations and other forward-looking statements that are
based on management's current views and assumptions and involve
known and unknown risks and uncertainties that could cause actual
results, performance or events to differ materially from those
expressed or implied in such statements. In addition to statements
which are forward-looking by reason of context, the words "may",
"will", "should", "expects", "plans", "intends", "anticipates",
"believes", "estimates", "predicts", "potential", or "continue" and
similar expressions identify forward-looking statements.
Actual results, performance or events may differ materially
from those in such statements due to, without limitation, (i)
general economic conditions, (ii) performance of financial markets,
including market volatility, liquidity and credit events (iii) the
frequency and severity of insured loss events, including from
natural catastrophes and including the development of loss
expenses, (iv) mortality and morbidity levels and trends, (v)
persistency levels, (vi) the extent of credit defaults, (vii)
interest rate levels, (viii) currency exchange rates (ix) changing
levels of competition, (x) changes in laws and regulations, (xi)
changes in the policies of central banks and/or foreign
governments, (xii) the impact of acquisitions, including related
integration issues, (xiii) reorganization measures, and (xiv)
general competitive factors, in each case on a local, regional,
national and/or global basis. Many of these factors may be more
likely to occur, or more pronounced, as a result of terrorist
activities and their consequences.
The matters discussed herein may also be affected by risks
and uncertainties described from time to time Nevis Capital
Corporation filings with the U.S. Securities and Exchange
Commission and/or OTC Markets. The company assumes no obligation to
update any forward-looking statement.
CONTACT: Keith Alexander,
713-817-9187, kalexander51@gmail.com
SOURCE Nevis Capital Corporation