Verde Media Group Inc. Issues Special Letter to Shareholders

Verde Media Group Inc. (VMGI) is releasing a letter to shareholders updating them on rapid growth and new developments in its new biotechnology division.
By: VMGI
 
LOS ANGELES - May 22, 2014 - PRLog -- Dear Valued Shareholders:

LOS ANGELES, CA – 5-22-14–Verde Media Group Inc.

VMGI is currently experiencing tremendous growth.  As the CEO of the company, I want to reach out to you and explain how we are positioning the company during this exciting time and what we are accomplishing.

The financial projection for the next 5 years is above and beyond anything VMGI had aspired to previously.  We’re now poised to become a globally scaled company within the next 18 months.

Omega-3 Technology and Acquisition:

The omega-3 oil industry is projected to reach $35B market in 2020 with 8% growth rate per annum, with a decreasing supply chain and increasing consumer usage and knowledge, the time to enter the market is now. The Verde Biotechnology Corporation (VBC) has acquired a Boston-based Butazyme, LLC. Butazyme has developed a cutting edge microbial technology for the production of high value omega-3 oils rich in long chain DHA and EPA fatty acids.

The VBC business model involves developing and scaling the technology to semi-commercial stage after which the technology can be licensed to end industrial users. Towards this end we have establish a joint venture with Phoenix Energy in Asia.

Commercialization in Asia: We have recently broken ground on scaling the technology in Asia. The joint venture with Phoenix Energy "PXE" is fully financed and involves scaling and co-developing the Butazyme omega-3 technology to 20,000 liters in phase-I. Butazyme will receive a sum of $500,000.00 payment for technology transfer and 10% royalty as licensing fees per annum as part of its contractual agreement with PXE.

We are confident in achieving our milestones in phase-I so the project can enter into final commercialization stage in phase-II that will produce 1000 tons per annum of omega-3 oils. The commercial production will generate revenues upward of $25M per annum with the local feedstock secured for 25 years.

Commercialization in US: Our technology development in Asia will be instrumental in rapid scaling the technology in US. We have identified potential feedstock partners and initiated joint R&D with New England’s largest crude glycerol feedstock producer. We are currently raising financing for scaling the technology using industrial feedstock in the US. Further updates will be provided shortly.

Medical Cannabis Oil Production:

Verde Media Biotech Division (VMBD) plans to set-up cutting edge Greenhouse Technologies (GHT) for the production of high value Cannabis species for the extraction of hemp oil also known as Cannabidiols “CBD” oils. These medically important oils are in high demand but the supply chain is limited because of legality in the production of Cannabis.   However, Industrial hemp products with oils rich in CBD, but negligible amounts of THC can be legally imported into the United States after regulated processing.

Extracted and refined CBD oils are used in the health and wellness industry and currently constitute a $5 billion industry that is growing rapidly each year. We have recently entered into joint venture negotiations with an overseas company in Asia to produce CBD oils. Using proprietary technologies developed by VMBD, highly concentrated CBD oil will be extracted and prepared for importation and distribution to the wholesale market.

The joint venture would use these selected strains highly concentrated in CBD and is expected to produce $5M revenues per annum. The overseas joint venture will complement our plans for US based production of Cannabis enriched CBD oils. We anticipate scaling the initial 20,000 sq. ft. facility to 500,000 sq.ft. in a few years to match the demand with linear increase in revenue output.

Beautyject Inc. Retail Sales and Marketing:

In April of this year, VMBD entered the medical and cosmetics industry through its new subsidiary, Beautyject Inc.  Beautyject has perpetual rights for North and South America to manufacture, market, distribute and sell the first ever needle-free injection technology specifically adapted to the beauty care and cosmetic markets.

Commercialization:  Currently, Beautyject has signed an agreement with a successful, internationally recognized distribution group that utilizes far-reaching relationships with major broadcasting and satellite TV networks.  The group has a proven track record, having successfully marketed and sold more than $4 billion worth of products to date.

This agreement has been signed and is moving forward with direct sales, marketing and distribution functions for its needle-free kits and products.  VMGI will be releasing details about the agreement in the near future.

The anti-aging market was estimated at $274.5 billion in 2013 and is projected to reach a trillion dollars by 2025.  With increased demand for multi-feature products with anti-aging and anti-wrinkle properties driving market growth, Beautyject is in line to reach $18.5 million in top line revenues for its year-end 2015.

We look forward to continued success throughout 2014 and thank all of our shareholders for their support of VMGI.  We will continue building value and delivering results as each Division of Verde grows.

Sincerely,

William F. Veve

CEO

For more information, visit www.verdemediagroup.com, or connect with the company on Facebook (https://www.facebook.com/verdemediagroup). Twitter- @Verdemediagroup (https://twitter.com/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.

CONTACT:  Verde Media Group, Inc., 310-954-9160

Email: info@verdemediagroup.com

Source: Verde Media Group, Inc.

Contact
Verde Media Group Inc.
***@verdemediagroup.com
310-954-9160
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Source:VMGI
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Tags:Omega 3, Biotech, Verde Media Group, Butazyme, Beautyject
Industry:Biotech
Location:Los Angeles - California - United States
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