Golden Developing
Solutions CEO Issues New Letter
to Shareholders
Austin, TX -- August 22, 2018 -- InvestorsHub
NewsWire -- Golden Developing Solutions,
Inc. (OTCMKTS:
DVLP) ("DVLP" or the
"Company"),
an emerging leader in the CBD Products marketplace,
issues the
following letter to Shareholders from the CEO:
Dear Valued
Shareholder,
First off, on behalf of the entire
dedicated team here at DVLP, I want to thank our tremendous
shareholder base for staying the course and continuing to support our
efforts. The
past year has been both a privilege and an adventure.
But the
payoff is finally on the way as we begin to transition from
development stage to commercial stage operations.
To help us navigate this
transition and maximize our emerging commercial opportunity, we
have initiated our
marketing and
branding process.
We are working with
the exceptional
team at EHC
Branding Agency, who will play an integral role in
corporate
communication, social
media, and branding. EHC
will
also
be intimately
involved in both strategy and execution as we launch and position a number of
new CBD
products.
In addition, EHC has been
tasked with the project of revamping our corporate website, which
should be live very soon.
In the coming
weeks, Entercom Communications
Corp.
will be assisting
the Company as an instrumental
force in
driving the
development of a more comprehensive corporate communications
strategy as
well as the launch of our Digital Media.
Next, I would like to shift gears and
cover our strategic relationship
with Pura
Vida Vitamins, LLC ("Pura Vida"). The original agreement
granted Pura Vida a vast issuance
of DVLP shares and
presented a high level of dilution risk for our
own shareholders.
After going back to the table,
we have come to new terms in a much more effective manner for both
parties, recasting the deal as a formal Joint Venture
Agreement with worldwide distribution
scope,
wherein Pura Vida will become a
go-to-market
entity, with
operations primarily encompassing sales, marketing, and
distribution of Pura Vida Vitamins branded
products. These new terms open up a wider
path of growth and success for the Company.
We have already formed an
advisory board tasked with oversight
of operations of the Joint Venture
unit. This structure will allow us to focus heavily on driving
sales through a wide range of new tools, including digital
marketing and the aggressive launch of our social media marketing
program.
Finally, as noted above, the Company is
working through a defining period of transition in 2018. The first
half of the year was a period of development. The second half of
the year will be a period of manifest commercial operations and
initial revenue growth.
To help guide us through this
critical transition and the establishment of new operational
dimensions, we will be adding new talent
and experience to our Board of Directors over the next
several
weeks, with details to follow in
subsequent communications.
In closing, allow me to circle
back around to where I opened this letter. To all of
our committed shareholders: Very exciting times lie ahead,
and we
couldn't have made it here
without
you!
Best Regards,
Stavros
Triant
About Golden
Developing Solutions, Inc.
Golden Developing Solutions
(DVLP)
is developing an online retail business for cannabidiol (CBD), hemp oil and
health/wellness-related products. Through the website of its
joint
venture,
Pura Vida Vitamins (www.PuraVidaVitamins.com), as well as through
wholesale and distribution channels, the company offers a broad
range of high-quality, price-competitive products, including
traditional vitamins, supplements, and CBD-based tinctures, vapes
and soft gels, among other products. Merchandise also includes hemp
and CBD-related products and additional products focusing on health
and lifestyle.
Golden Developing Solutions is
a development-stage company providing business services and/or
products supporting the cannabis industry, in which company intends
to make acquisitions in the near future. Currently, 29 states and
the District of Columbia have passed laws permitting their citizens
to use cannabis for medical and/or recreational purposes. Cannabis
has shown encouraging signs as a treatment for various medical
conditions and has become increasingly more acceptable to the
public and society.
Forward-Looking Statements
This press release contains
forward-looking statements. All statements other than statements of
historical facts included in this press release are forward-looking
statements. In some cases, forward-looking statements can be
identified by words such as "believe," "expect," "anticipate,"
"plan," "potential," "continue" or similar expressions. Such
forward-looking statements include risks and uncertainties, and
there are important factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. Investors are encouraged to review the
Company's filings with the Securities and Exchange Commission.
Investors should not place any undue reliance on forward-looking
statements since they involve known and unknown, uncertainties and
other factors which are, in some cases, beyond the Company's
control which could, and likely will, materially affect actual
results, levels of activity, performance or achievements. Any
forward-looking statement reflects the Company's current views with
respect to future events and is subject to these and other risks,
uncertainties and assumptions relating to operations, results of
operations, growth strategy and liquidity. The Company assumes no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future. The contents of any website referenced
herein are not incorporated into this press release.
Media Contacts:
Vince Trapasso
vince@goldendeveloping.com
973-219-3696