UA Multimedia Appoints New Chief Executive Officer to Lead New
Growth Phase
IRVINE, CA, (Marketwired September 28, 2017) UA Multimedia, Inc.
(OTC: UAMM), today announces the
appointment of Lou Klein as the new Chief Executive Officer to
oversee the Company in the upcoming growth phase.
Following the recent launch of the cannabis classified ads
portal MJCircle.com, Mr. Klein will embark to strategically
position the Company to fully capitalize on the expected market
expansion as California enter a new phase of cannabis legalization
early next year. Mr. Pham will remain as the Companys director and
advisor.
Mr. Klein has been involved in the Southern California business
community for over twenty years. He has extensive business
consulting, sales and insurance experience as well as a diverse
background in the medical cannabis industry.
UA Multimedia will remain as a solution provider for cannabis
ancillary products and services with an emphasis on technology. Its
recently launched platform MJCircle.com serves as a venue allowing
all businesses and individuals to advertise their products and
services as well as posting jobs related to the medical and
recreational cannabis markets. Set up similar to Craigslist, the
portal is a central location for everyone to post jobs, items for
sale, services offered or upcoming events.
The Company is working on the final phase of its second website,
Cannaxa.com, which will function as a B2B platform allowing
companies to efficiently conduct business with one another.
Cannaxa.com is slated to be launched sometime next week.
The Company encountered some minor regulatory issues with its
business model for CannaMedi.com website and had decided to delay
its launch until proper adjustments are made. The changes will
allow the Company to offer a solution with enhanced monetization
capabilities.
The recent realignment of the Company has positioned UA
Multimedia well to capitalize on the anticipated rapid growth of
the industry. With his experience, Mr. Klein will be instrumental
in taking the Company to the next level. We are excited to have him
as part of the management team, commented Thu Pham, former interim
CEO.
The team at UA Multimedia has done a great job in positioning
the Company to date. The prospect for the Company in 2018 is very
exciting and I look forward to be part of this growth phase, stated
Lou Klein, Chief Executive Officer.
About UA Multimedia, Inc.
UA Multimedia, Inc., a former media company, has entered the
cannabis market with its offering of indoor horticulture products
and cannabis classified portal mjcircle.com. Additional industry
related products and services are forth coming through the
websites, cannaxa.com and cannamedi.com.
Company website: http://www.uammedia.com
Cannabis classified website: http://www.mjcircle.com
Facebook: https://www.facebook.com/uammedia,
https://www.facebook.com/cannaxa, https://www.facebook.com/cannamedi
Forward Looking Statements:
This release contains forward-looking statements within the
meaning of Section 27a of the Securities Act of 1933, as amended
and section 21e of the Securities and Exchange Act of 1934, as
amended. Those statements include the intent, belief or current
expectations of the company and its management team. Some or all of
the events or results anticipated by these forward-looking
statements may not occur. 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 projected in the
forward-looking statements as a result of various factors.
Accomplishing the strategy described herein is significantly
dependent upon numerous factors, many that are not in management's
control. UA Multimedia, Inc. does not undertake any duty nor does
it intend to update the results of these forward-looking
statements.
Contact
UA Multimedia, Inc.
Investor Relations
949.612.1927
info@uammedia.com