LOS ANGELES, May 30, 2014 /PRNewswire/ -- Verde Media Group Inc. (OTC: VMGI) is pleased to announce that it has recently entered into a Memorandum of Understanding, through its subsidiary Beautyject Inc., with Power Shark Capital ("PSC") for the sale and distribution of its beauty and cosmetic products throughout North America.
PSC is headed by Jean Jean Pelletier. Mr. Pelletier is an accomplished entrepreneur who has successfully founded and run numerous companies, many of which have been listed on public exchanges in Canada and the U.S. Mr. Pelletier has also acted as an advisor to numerous private and publicly traded companies during his career, and brings with him an expertise in private and public corporate finance, marketing, strategic advising and public and media relations.
Kevin Harrington of PSC will act as an advisor to Beautyject Inc. Mr. Harrington, who starred on the popular television show Shark Tank, is a world-renowned direct marketing expert who is widely recognized as the pioneer and principal architect of the infomercial industry. Mr. Harrington has sold more than $4 Billion worth of products through TV infomercials, commercials and other direct marketing venues. Mr. Harrington has also authored the best-selling book Act Now: How I Turn Ideas into Million-Dollar Products.
According to the terms of the Memorandum of Understanding, Beautyject has granted to PSC exclusive distribution, sales and marketing of its needleless beauty products for North America. PSC shall be responsible for handling all sales and distribution through infomercials, TV commercials and other direct marketing methods at PSC's cost. "We are very fortunate to be working with the Beautyject team and their unique needleless technology," said Mr. Pelletier, "And we expect to generate tremendous interest as we commence our marketing campaign in the near future."
William Veve, President of Verde Media Group Inc. stated, "Mr. Harrington and Mr. Pelletier have a proven track record in sales and marketing. With their involvement, Beautyject's potential in the North American market will be realized on a fast track."
Beautyject Inc. is a majority owned subsidiary of VMGI and offers needle-free technology fully adapted to the beauty care and cosmetic markets. The injectors can be used to administer liquid cosmetic products such as Botox, hyaluronic acid, vitamins, and a variety of other products cocktails to the top layers of the skin through a non-invasive, needle-free, painless delivery system.
For more information, visit: www.beautyject.com
About Power Shark Capital
Power Shark Capital is a business development company focusing on starting and growing new ventures by providing expertise in consumer goods products, infomercials, financial services, public relations, and celebrity endorsements.
About Verde Media Group Inc.
Verde Media Group Inc. is a publicly traded company listed on the OTC Markets trading under the stock symbol: VMGI. Verde Media Group Inc. The company consists of three divisions:
Agency Division - The innovative Agency division services- public relations, marketing, and transaction functions for corporate clientele.
BioTech Division - The Biotech Division manages a portfolio of biotech companies and the VMBD division undertakes the business of developing and producing high value bio-products from renewable biomass. The focus and criterion is to develop proprietary microbial technologies with low risk scale-up methods employing low cost feedstock.
Entertainment Division - The company operates a managed media company with production, distribution, development, and acquisition functions for film and television.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions.
SOURCE Verde Media Group Inc.