|By PR Newswire||
|April 1, 2014 10:30 AM EDT||
LOS ANGELES, April 1, 2014 /PRNewswire/ -- (OTCMarkets Disclosure & News Service) – TechnoConcepts, Inc. (OTCMarkets/Pinksheets: TCPS) is pleased to announce that it has signed a memorandum of terms to acquire several websites from Mr. Kevin Worth, its newly announced President and board member.
TechnoConcepts, Inc. and Mr. Worth signed a memorandum of terms to acquire the following websites are to be acquired:
Mr. Kevin Worth is currently the President of the private company Zimbali Group Inc. based in Washington State. Kevin has been with Zimbali since its inception in 2011. Zimbali Groups' focus is on supplying the legal cannabis industry with various products ranging from indoor gardening supplies for the commercial grower, to supplies and resale items for marijuana retail dispensaries in both the USA and Canada.
Mr. Suarez, Chairman and CEO of TechnoConcepts, said, "After bringing Kevin into the Company, which we announced yesterday, we are pleased to finalize the terms of our acquiring his websites. This is a huge step for us as we head into the cannabis industry supply business, with Kevin leading us."
In addition, management has met with several law firms regarding specific intellectual property related items and will be deciding shortly on a firm to represent them regarding all intellectual property related items and will be deciding on a firm to represent them. True Software Radio™ technology is an advanced delta-sigma microchip architecture that converts RF signals directly into digital data for the wireless receiver and directly from digital data into radio signals for the wireless transmitter.
About TechnoConcepts, Inc.
TechnoConcepts, Inc. (OTCMarkets/Pinksheets: TCPS) is a wireless technology company currently holding patents and other intellectual property. The Company is a Colorado company in good standing and its filings are available OTCMarkets.com.
Zimbali Group Inc. provides a comprehensive set of solutions to the regulated cannabis industry. Zimbali does not grow, harvest, distribute or sell cannabis or any substances that violate United States law or the Controlled Substances Act, nor does it intend to do so in the future.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
SOURCE TechnoConcepts, Inc.