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SOURCE DC Brands International, Inc.
DENVER, May 15, 2014 /PRNewswire/ -- DC Brands International, Inc. (OTCQB: HRDN) ("DC Brands" or the "Company") wanted to give its shareholders an update on its progress towards becoming a service and finance provider to the Colorado marijuana industry. Over the last 30 days, Bob Armstrong, the Company's CEO and CFO, has met with no fewer than 10 operators and growers in the Denver metro area. There are many opportunities for investment and many marijuana companies that need assistance running the financial side of their businesses. We are taking our time to ensure that our first agreement is with a company that will be able to effectively utilize our services in a way that will grow their operations while providing a significant and consistent stream of revenue to DC Brands. We are confident that we should finalize our first contract in the very near future.
The Company released its 2014 first quarter 10-Q today and plans to continue to be a fully compliant and SEC reporting company.
About DC Brands International, Inc.
DC Brands International, a publicly traded company under the ticker symbol (HRDN), formerly specialized in the manufacturing of its functional beverages and health products. The company also has a minority equity stake in Village Tea Company Distribution as well as a product development agreement for ready-to-drink tea based beverages. On April 4, 2014, the company announced that it intended to become a service provider to fully licensed Colorado medical and recreational marijuana businesses.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "should", "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements are based on current expectations, estimates and projections made by management and include statements regarding include statements regarding finalizing our first contract and the company's new corporate focus and future plans. All forward-looking statements in this press release are made as of the date of this press release, and the Company assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements, such as our ability to implement successfully our new corporate plan, attract clients and necessary capital, and the continued rapid growth of the local Colorado marijuana industry, and the risk factors discussed in the Business and Management's Discussion and Analysis sections in our Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov.
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