Nevis Capital Corporation Negotiating For Entry into Cannabis Industry
DALLAS, March 28, 2014 /PRNewswire/ -- Nevis Capital Corporation (OTC Markets Symbol: OCEE), a Holding Company, is pleased to announce that it is looking to expand into other fields including the cannabis and liquor industries. Management believes that these additional sectors of concentration fit perfectly with the original holdings which are focused on significant revenue generators such as oil and gas and online gaming.
From this point onward, Nevis Capital Corporation will look to explore business opportunities that will enhance the shareholder's value. Additional online gaming, cannabis and liquor companies will be on the company's shopping list and investors should expect timely updates once deals are finalized.
In the next two weeks, Nevis Capital Corporation expects to meet with numerous cannabis companies to finish a screening process for prospective investments which began last week. The decision to focus on the cannabis sector was motivated by the influx of cannabis projects and proposals which were submitted to our company by cannabis entrepreneurs. The Medical and Recreational Marijuana industries have received unprecedented attention from investors and international media in recent months due to legalization in Colorado, California and the State of Washington.
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 / OTCmarkets. The company assumes no obligation to update any forward-looking statement.
SOURCE Nevis Capital Corporation