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Nevis Capital to Launch Subscription Based Online Retail Website


News provided by

Nevis Capital Corporation

Apr 08, 2014, 01:10 ET

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DALLAS, April 8, 2014 /PRNewswire/ -- Nevis Capital Corporation (OTC: OCEE), is pleased to announce that they have begun work on a new Website for an online retail operation.  The company has reserved the domain name 420stuffandsuch.com.  A team has been hired to design and deploy the site over the next 30 days.  The business model for this new site is based on thecannabox.com and 420GoodyBox.com.  Subscription model websites have experienced tremendous growth with consumers in recent years since they deliver new products directly to the home on a monthly basis.

Nevis Capital Corporation expects that 420StuffandSuch.com will get a strong start out of the gate as we continue to ally ourselves with recognized brands in the cannabis space.  These brands will provide product for the monthly deliveries from 420StuffandSuch.com. Shareholders can keep up to date on the progress of the site by joining 420StuffandSuch.com on Twitter @420stuffandsuch.  The monthly recurring revenue from 420StuffandSuch.com will grow exponentially as we implement our planned marketing strategies with personalities from the entertainment, Hip Hop and rock music community, with gross margins projected in the 40%-50% range.

Our recent LOI with Vaportownusa.com is just the first part of our roll up strategy which we expect will gain significant momentum in the coming weeks as we move to close more LOIs and distribution agreements.   The focus of Nevis Capital Corporation is to identify and complete investment deals with cannabis companies that provide cannabis consumers the products and technologies needed for the legal use of marijuana. The management team has a short list of companies which have been targeted for investment and shareholders can expect updates in a timely manner.

DISCLAIMER: 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/or OTC Markets. The company assumes no obligation to update any forward-looking statement.

Contact:
Keith Alexander
713-817-9187

SOURCE Nevis Capital Corporation

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