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Strategic Global Investments Issues Letter to Shareholders
|By Marketwired .
|February 24, 2014 02:50 PM EST
CARLSBAD, CA -- (Marketwired) -- 02/24/14 -- Strategic Global Investments, Inc. (OTC Pink: STBV) is pleased to announce that the Company has issued a shareholder letter written by Andy Fellner, the Company's President and CEO for the purpose of updating all existing shareholders and potential investors of recent Corporate developments. The following is the letter in its entirety.
To Strategic Global Investments, Inc. Shareholders:
With all that is happening at Strategic we are going to focus on a more active line of communication with current and potential shareholders in efforts to become as transparent as possible. We have decided that in addition to the formal press releases we will also be issuing Letters to our shareholders on a consistent basis with operational updates.
With two distinct operations, Strategic Global has recently gone in a direction that management believes will help us "grow" as a company and increase shareholder value. We're happy to say that as of Thursday February 20, 2014 the company announced that we have completed negotiations and signed an formal agreement to purchase Bearpot,Inc.
Now that we own a MJ cultivation facility, Management has commissioned a web site developer to build a Landing Page and Facebook profile so that we can keep investors up to date about the MJ business and post pictures and videos of the progress with in the facility in CO so that people can follow what's happening on a daily basis.
For those of you watching the market lately, you may have noticed our increase in trading over the last several weeks is a likely reaction to the latest development for Strategic Global which is of course the acquisition of BearPot Inc a MJ cultivation facility. As many already know, the green MJ crowd has been talking about the recent legalization of recreational marijuana in Washington State and Colorado and for us this is the perfect time to expand our company assets and operations in areas other than advertising.
Now that Strategic Global is the controlling entity for this marijuana growing facility we have started drafting a short term plan to modernize and expand the cultivation processes in the facility. Needless to say, we are eagerly anticipating our first yield to harvest and generating additional revenues with the expanded capabilities by Q4 of 2014.
Strategic Global has also recently entered into several engagements with our video production and online advertising business putting us in the fortunate position to have two sources of revenue. These projects are with companies in the real estate industry, health care industry as well as restaurants and bars. In January we announced that we commenced the first phase of several anticipated phases of specialty media production for International Land Alliance, Inc., an international land investment firm based in San Diego, CA. We've retained the exclusive rights for the media production with respect to ILA (International Land Alliance, Inc.) and are excited to start receiving revenue in the upcoming weeks.
We are incredibly excited to be moving the company forward with what is now two distinct revenue channels and I want to thank all of our shareholders as well as company members for making that possible. Until next time, thank you again.
Strategic Global Investments, Inc.
About Strategic Global Investments: Strategic Global Investments is a company engaged in providing its customers with various venues to reach their target audience with on demand programming or advertising through Wazillo.com and WazilloMedia.com. WazilloMedia.com is involved in the production of videos for customers and consumers permitting the use of the Company's state of the art studios to produce their own videos and the use of a website where subscribers can make available live, streaming video for their potential audience. The Company produces Internet content, taped video shows, in their state-of-the-art studios in San Diego, California, where the productions can be stored and replayed on Demand 24/7 through the Company's cutting edge Content Management System. For more information visit our website at: www.strategicglobalinvestments.com
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
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