Bud Genius Announces Intention to Repurchase More Company Shares
April 09 2015 - 8:37AM
Business Wire
Company is considering repurchase of up to 2
billion shares
Bud Genius, Inc. (www.bgmedtech.com) (OTC: RIGH), a leading
laboratory for cannabis testing and profiling, developer of
data-driven rating systems for marijuana strains, brand and retail
development specialist, and licensee of celebrity-endorsed
marijuana and hemp related merchandise, announced today that the
company is considering a share repurchase of up to 2 billion
shares.
“The company may have an opportunity to buy shares of its own
stock at a favorable price. This buyback consideration represents
our continued confidence in our growth strategy and ability to
generate new revenues,” said Angel Stanz, Bud Genius CEO.
Bud Genius’ share repurchasing may be made in open market or
through privately negotiated transactions, subject to market
conditions, applicable legal requirements, and other relevant
factors.
For more information on Bud Genius, call (855) 723-3283, or
visit BGMedtech.com.
About Bud Genius:
An early leader in the cannabis industry, Bud Genius is one of
the first established analytical cannabis laboratories in the
United States. Bud Genius launched to bring vendors together with
doctors, patients, and dispensaries that require certified products
held to demanding standards. Bud Genius’ mission is to expand
across the US and abroad, serving as the beacon of quality for
medical cannabis and adult-use marijuana through the formation of
regional laboratories, strain certification, data collection,
online reporting, and product development.
For more information please visit: www.BGMedtech.com
Visit the cannabis showroom at: www.BudGenius.com
Connect:
Website: www.BGMedtech.comTwitter:
Twitter.com/BudGeniusCannabis Showroom:
www.BudGenius.com
Forward Looking Statements:
This press announcement includes "forward-looking statements"
within the meaning of the safe harbor provisions of the United
States Private Securities Litigation Reform Act of 1995. These
statements are based upon the current beliefs and expectations of
company’s management and are subject to significant risks and
uncertainties. Forward-looking statements can be identified by such
terminology as "believes," "expects," "potential," "plans,"
"suggests," "may," "should," "could," "intends," or similar
expressions. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual results to be materially different from any future results,
performance or achievements expressed or implied by such
statements. In particular, management's expectations could be
affected by, among other things, uncertainties relating to our
success in completing acquisitions, financing our operations,
entering into strategic partnerships, competitive factors, and
other matters. Forward-looking statements speak only as to the date
they are made. The Company does not undertake to update
forward-looking statements to reflect circumstances or events that
occur after the date the forward-looking statements are made.
Bud Genius, Inc.Randall Huft, 855-723-3283Public
RelationsRandall@BudGenius.com
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