Crown Marketing and K&J Co. LTD. Announces LOI for a Strategic Joint Venture to Open a LED Research Lab and Distribution Center in California
LOS ANGELES, Feb. 12, 2015 /PRNewswire/ -- Crown Marketing, a Wyoming Corporation. (OTCBB:CWNM) (the "Company") is pleased to announce a letter of intent for a strategic Joint Venture Marketing and Tech Support with K&J Co. LTD. a Taiwan Corporation to create a new research and distribution center in the California to produce LED lighting products for indoor hydroponic agricultural uses.
"After many discussions with K&J, we feel we have developed a solid working relationship and believe this JV will be instrumental in the success of this project which entails the researching, planning, building and marketing of a LED lighting products for the cannabis industry in El Monte. This JV allows Crown Marketing to utilize our extensive experience and skills in marketing and technical research, while entering one of the fastest growing industries in the United States," concludes Mr. Chen.
About Crown Marketing:
Crown Marketing is a United States based publicly traded company ticker symbol CWNM.OTC.QB. It is focused on mergers and acquisitions of high-growth, high-profit, technological companies. Crown Marketing has identified three high potential industries for mergers and acquisitions including bio-tech and real estate. The first industry of immediate focus will be the marijuana industry as it is one of the fastest growing sectors around the globe, because the common sentiment is legalization of recreational marijuana will happen sooner rather than later.
Forward-looking Statements:
Some of the statements contained in this press release are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including the risks and uncertainties related to the progress, timing, cost, and results of technology programs; competition from other companies; and the Company's ability to obtain additional funding required to conduct its activities. Please refer to the company's filings with the Securities and Exchange Commission for a comprehensive list of risk factors that could cause actual results, performance or achievements of the Company to differ materially from those expressed or implied in such forward looking statements. The Company undertakes no obligation to update or revise any forward-looking statements.
Contact:
Robert Chen
[email protected]
626-465-1588
SOURCE Crown Marketing
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