DENVER, July 8, 2015 /PRNewswire/ -- Verde Media Group Inc. (OTC: VMGI) announces a shareholder update. The company has completed the requisite disclosure and posted the first quarter financials for 2015. Upon review by OTC Markets the company will be brought back to current information status.
The deal that has been negotiated for the sale of Verde's interest in Beautyject Inc. was previously delayed by circumstances out of our company's control. The overall plan for Beautyject is in motion and actively being worked on by the team. Upon clearance from all parties we will announce the details of the tendered letter of interest and the finalized definitive agreements.
Verde Media Group President, William Veve stated, "With our completed move to Denver, home base has been established to build out the Green Rusher brand. As a brand initiative and advertising platform we have several partnerships that we will be announcing. The Beautyject deal is happening even with some significant delays. We are actively exploring an opportunity in data base technology that is complementary to Verde as a whole and aligned with our goals to bring revenue and shareholder value to the company."
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:
Green Rusher follows the exploits of all the characters involved from the growers, retailers, to the venture capitalists and companies claiming their stake in today's modern 'green rush'. If you are and you have what it takes to be a Green Rusher go to www.greenrusher.com and upload your submission and be part of the show. This open casting call will be opened for a limited time as we begin production of the first season of Green Rusher.
Connect with Green Rusher-
The company operates a managed media company with production, distribution, development, and acquisition functions for film and television.
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.
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 of 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.