Miami, FL–(EmergingGrowth.com Newswire – January 10, 2020) – EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Golden Developing Solutions, Inc. (OTC Pink: DVLP).
GOLDEN DEVELOPING SOLUTIONS
2020 NEW OUTLOOK AND
Golden Developing Solutions 2020 Venture Acquisition Plan;
Agreements Pending To Lead To Acquisitions
Austin, Tx Golden Developing Solutions, Inc. (OTC: DVLP) announced today the development of the 2020 New Outlook Plan and efforts underway on certain ventures and acquisitions using Golden as the public trading platform for private ventures to join up with. Deal terms discussions are underway, with initial due diligence completed.
The Company developed a plan for 2020 to market itself as a publicly trading company, with established auditing, transfer agent, management, and cannabis related market relationships, and shares that trade publicly, for private companies with revenues, technology, and or other valuable assets, to integrate into the public trading market through Golden.
According to Stavros Triant, CEO, We are leveraging 2019 discussions and other efforts with companies in the cannabis, hemp and CBD space, into a 2020 plan of ventures and acquisitions using our company as the public platform. Cannabis, CBD and hemp are attractive investment areas and coupling our public company, we offer a platform for private companies to merge, or venture with us, a reporting publicly traded company. We have focused on more than one multi-million dollar revenue generating business truly comfortable with us and excited to become part of publicly traded deal. We are well into negotiations on terms. The Company is close to further announcements.
The Company also makes efforts to restructure and cut costs, As part of the 2020 expansion plans the Company has cut a variety of costs and taken strategic steps including lowering projected expenses with a new auditing firm and other professionals, for 2020. More news to be announced.
About Golden Developing Solutions:
Golden Developing is a cannabis, hemp oil, and health/wellness-related products company and is now focused on leveraging our new 2020 New Outlook Plan, incorporating mergers and acquisitions, and ventures, as part of an M&A/vertical integration strategy moving beyond our own assets, technology and planning. We seek targets or partners in the Cannabis and related industries to merge efforts on capital, technology, valuation and liquidity for investors.
Safe Harbor: This document contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words “estimate,” “anticipate,” “expect,” “believe,” and similar expressions are intended to be forward-looking statements.
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