|By PR Newswire||
|April 1, 2014 12:27 AM EDT||
DALLAS, April 1, 2014 /PRNewswire/ --Nevis Capital Corporation (OTC: OCEE), announces that the company is in the screening process of vetting potential cannabis investments. Currently management has short listed businesses in Sonoma County (California), Riverside (California), and Denver (Colorado). With Investor interest in the cannabis sector growing, the company intends to distinguish itself from other companies in the cannabis space by investing in revenue producing businesses. The short listed businesses all have an existing revenue base with immediate potential for accelerated growth. Furthermore, these potential candidates all have cannabis industry veteran management teams that will give Nevis the expertise and direction needed for growth in the industry. The company expects to make an announcement of a completed letter of intent by mid-April, with the first acquisition projected for the end of April. As a standard operating procedure of Nevis Capital, all prospective acquisitions and/or investments will be strictly governed by all applicable state and federal laws relating to the sphere of activity of the companies targeted.
Nevis Capital is also pleased to announce that investors can expect to see Nevis become more visible in traditional and online media with the management's public relations strategy focused on communicating the company's long term investing approach in its core target businesses including cannabis and online gaming. Nevis Capital Corporation Inc. is committed to building a greater value for shareholders on a short and long term basis.
The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements.
Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, (ii) performance of financial markets, including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates (ix) changing levels of competition, (x) changes in laws and regulations, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures, and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences.
The matters discussed herein may also be affected by risks and uncertainties described from time to time Nevis Capital Corporation filings with the U.S. Securities and Exchange Commission and/or OTC Markets. The company assumes no obligation to update any forward-looking statement.
SOURCE Nevis Capital Corporation