NEW YORK, Nov. 20, 2014 (GLOBE NEWSWIRE) -- Verde Media Group Inc. (OTC:VMGI) in response to the recent significant inquiries the company has ordered an independent external valuation of the companies three divisions.
William F. Veve, CEO of VMGI stated, "The quality of the inquirers present numerous opportunities to deliver substantial value to Verde Media Group. We look forward to releasing details with the focus for each division in the coming weeks."
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:
Agency Division - The Diversified Agency division services- public relations, marketing, and transaction functions for corporate clientele.
BioTech Division - The Biotech Division manages a portfolio of biotech companies.
Entertainment Division - The company operates a managed media company with production, distribution, development, and acquisition functions for film and television.
For more information, visit www.verdemediagroup.com, or connect with the company on Facebook. Twitter- @Verdemediagroup
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.