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SOURCE Verde Media Group Inc.
LOS ANGELES, June 12, 2014 /PRNewswire/ -- Verde Media Group Inc. (OTC: VMGI) is pleased to announce that it has signed a definitive agreement, through its subsidiary Beautyject Inc., with an internationally-recognized team from Power Shark Capital (PSC) for the marketing, sale and distribution of its cosmetic products throughout the United States and Canada.
Power Shark Capital is a coordinated effort of global entrepreneur Jean Jean Pelletier and advertising guru Kevin Harrington, popularly known as star of the network television show, Shark Tank. The group has a storied history of experience in business and advertising, Mr. Harrington having personally sold more than $4 Billion worth of products through television-based promotional campaigns and defining the infomercial industry as it is known today.
According to the terms of the Agreement, Beautyject has granted to PSC exclusive distribution, sales and marketing rights of its cosmetic needle-free kits and products for North America. In correlation with Mr. Harrington's proven methods, PSC will be handling all sales and distribution through infomercials, TV commercials and other direct marketing methods at PSC's cost.
Verde Media Group President, William Veve, stated, "We now have a cutting edge, over-the-counter boutique cosmetic product to be marketed and sold by the world's best minds in advertising and sales. Needless to say, we're delighted to have Power Shark involved as Beautyject is developed for a full product launch."
About Power Shark Capital
Power Shark Capital is a business development company focusing on starting and growing new ventures by providing expertise in consumer goods products, infomercials, financial services, public relations, and celebrity endorsements.
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 innovative Agency division services- public relations, marketing, and transaction functions for corporate clientele.
BioTech Division- The BioTech Division manages a portfolio of biotech companies and the VMBD division undertakes the business of developing and producing high value bio-products from renewable biomass. The focus and criterion is to develop proprietary microbial technologies with low risk scale-up methods employing low cost feedstock.
Entertainment Division- The company operates a managed media company with production, distribution, development, and acquisition functions for film and television.
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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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