MIAMI BEACH, Fla., Dec. 22, 2016 /PRNewswire/ -- SNM Global Holdings (SNM Global)(OTC: SNMN), An Entertainment/Media Holding Company is excited to announce the completion of acquisition of 17.5% membership interest in Brockett Beverage Group, LLC/DBA ("Game Vodka") which is an organic based corn vodka, crafted and marketed for sports and the sports fan. "Our partnership with Game Vodka we feel will enhance the valuation of SNM Global and diversify our brand," states SNM Global CEO Troy Lowman. "We look forward to their proposed product launch in target markets in early 2017."
SNM Global also has entered into a term sheet with Green, Inc. to purchase 10% ownership of the company for $500,000. Green is a cloud based provider of closed loop digital payments technology enabling the cannabis industry a secure, cashless way to process transactions. Final terms and conditions shall be finalized in the definitive purchase agreement.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
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SOURCE SNM Global Holdings