MC Endeavors, Inc. /Room 21
Media Announces Signed Letter of Intent to Acquire
CBD Organic Solutions, Inc.
Acquisition to Purchase 477
Acres of Hemp CBD Farm in Moapa Valley, Nevada
DANA
POINT, CA --
September 5, 2019 -- InvestorsHub NewsWire
-- MC Endeavors, Inc. /Room 21 Media (PINKSHEETS:
MSMY) today announced
the signing
of a Letter of Intent to acquire CBD Organic Solutions, LLC.
CBD Organic Solutions, LLC is currently growing hemp in the Moapa
Valley of Nevada with Phase I growth expanding to 477 acres of hemp
producing acreage.
John Stippick, CEO,
states, "We are excited about this
opportunity to finalizing the negotiations to acquire controlling
interest of CBD Organic Solutions, LLC. CBD Organic Solutions is
already growing hemp and expects to have the first harvest as early
as December 2019 with conservative annual revenue estimates to be
45.9 Million USD net profit after taxes. CBD Organic Solutions
comes with existing licensing and existing purchase orders for the
crop already in the ground. This opportunity is a perfect
match to our recent acquisition of Eclipse Liquids (an FDA registered manufacturing and
packaging CBD plant with national and international distribution)
and can rapidly establish MC Endeavors/Room 21 Media as a
substantial player in the CBD Industry. We could very well be able
to own a "seed to sale" enterprise."
Mr.
Stippick, CEO, said, "I encourage our shareholders to
take a look at the Moapa Valley in Nevada to fully understand the
opportunity. This farm is located 60 minutes north of Las Vegas and
when viewed via Google Satellite maps, in the brown desert is
a distinct
green valley. For an accurate view of
the terrain and climate see the Western Region Climate Center
website https://wrcc.dri.edu/cgi-bin/wea_info.pl?nvnmoa
or visit Wikipedia
Commons https://commons.wikimedia.org/wiki/File:Moapa_Valley_NWR_2.jpg.
We "
Mr. Stippick concludes,
"While
the due diligence period is for 30 days, we expect to consummate an
agreement much sooner. Our shareholders can also expect our new
website to be launched in the coming weeks with real-time updates
provided via Twitter, Facebook, and Youtube. Once again, I want to thank our
long time shareholders for their ongoing support and we welcome our
newer shareholders to MC Endeavors/ Room 21
Media."
About MC
Endeavors, Inc. /Room 21 Media
MC Endeavors, Inc.
(OTC
Pink: MSMY), an innovator in social commerce platforms, is
committed to becoming a leading global social video commerce company that utilizes
a single core platform, Room 21™, to produce, distribute, and
monetize online communities for individuals and businesses that
interact with industries ranging from industrial business to
healthcare to entertainment.
Safe Harbor Statement
–
In addition to
historical information, this press release may contain statements
that constitute forward-looking statements within the meaning of
the Securities Act of 1933 and the Securities Exchange Act of 1934,
as amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements contained in this press release include
the intent, belief, or expectations of the Company and members of
its management team with respect to the Company's future business operations
and the assumptions upon which such statements are based.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance, and involve
risks and uncertainties, and that actual results may differ
materially from those contemplated by such forward-looking
statements. Factors that could cause these differences include, but
are not limited to, failure to complete anticipated sales under
negotiations, lack of revenue growth, client discontinuances,
failure to realize improvements in performance, efficiency and
profitability, and adverse developments with respect to litigation
or increased litigation costs, the operation or performance of the
Company's business units or the market
price of its common stock. Additional factors that would cause
actual results to differ materially from those contemplated within
this press release can also be found on the
Company's website. The Company
disclaims any responsibility to update any forward-looking
statements.
SOURCE MC Endeavors,
Inc
RELATED LINKS
http://www.room21media.com
http://www.treatmentmedia.com
http://www.getdetoxnow.com
http://www.soberaftercare.com
http://www.instagram.com/room21media/
http://twitter.com/Room21Media
For further information
contact:
John Stippick
President
MC Endeavors, Inc/Room 21
Media
Phone: (800)931-8773
E-mail: johns@room21media.com