Verde Media Group, Inc. Announces Debt Reduction and Agency Action
20 June 2013 - 10:15PM
Marketwired
Led by new Vice President, Adam DesLauriers, Verde Media Group Inc.
(PINKSHEETS: VMGI) has transferred ownership of Beyond Race
Magazine (BRM) and Beyondrace.com to its editor-in-chief. The
decision has been made to sub-contract future music needs on a
per-project basis. Furthermore, the company has initially decreased
its long-term liabilities by $20,000.00.
Vice President Adam DesLauriers stated, "Consistent with our
increased focus on finance strategy, agency communications, and
media production and distribution, we've decided to direct our
resources more pointedly."
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 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.
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CONTACT: Verde Media Group, Inc. William Veve 310-954-9160 Email
Contact
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