LOS ANGELES, July 22, 2015 /PRNewswire/ -- Crown Marketing, a Wyoming Corporation. (OTCBB:CWNM) (the "Company") is pleased to announce a letter of intent for a $5 million loan from its business partners. Temple CB LLC the main lender and 4 other companies have agreed to terms to loan Crown Marketing $5 Million over a 5 year period. This loan will allow Crown Marketing to explore numerous business opportunities with its subsidiaries such as Crown Laboratory Inc and Crown Mobile.
Mr. Jay Hooper, the CEO of Crown Marketing is very excited to secure this loan. The injection of capital will allow Crown Marketing to pursue more business and marketing opportunities. Crown Laboratory Inc, a subsidiary 100% held by Crown Marketing has many supplements and pending patents in its pipeline. The capital from this loan will be used to apply for more patents and develop a line of supplement products. Mr. Hooper will also use the funds from this loan to secure real estate for the company. The loan will allow Crown Marketing the ability to explore and develop integral business opportunities to assist in the growth of Crown Marketing.
About Crown Marketing:
Crown Marketing is a United States based publically 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.
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.
SOURCE Crown Marketing