Full Alliance Group, Inc. (OTCPK: FAGI), Shareholder Update
May 04 2017 - 9:00AM
InvestorsHub NewsWire
Full Alliance Group,
Inc., Shareholder Update May 4, 2017
Dear Shareholders,
Full Alliance Group, Inc. (FAGI)
is moving forward with the acquisition of DiMora Pods, Inc. DiMora
Pods are turn-key, state-of-the-art, customizable
modular cultivating systems that streamline the startup
process in the farming and biodynamic industries to begin
generating revenue in as little time as possible, with a focus on
maximum yield within the eco-friendly, easily relocatable
structures.
FAGI's management team, led by CFO Rudy Kiste, has been working
diligently with the founders of DiMora Pods to increase revenue.
Since our previous announcement, DiMora Pods is under way of
acquiring a much larger facility in Palm Springs California, due to
heavier-than-anticipated order volume.
Additionally, Full Alliance and DiMora Pods have been working to
develop a strategic partnership with Native American Tribes, for
the rights to place the pods on sovereign lands across the United
States. The initial land to be available to Full Alliance is
expected to be more than 350,000 acres. This land will be available
to place DiMora Pods for both cannabis growth and organic,
bio-dynamic produce.
Full Alliance and DiMora Pods are negotiating with several large
companies to place pods on sovereign land for producing CBD oil to
supply their own existing product lines.
The Board of Directors and the FAGI management team expect to make
further announcements in the coming days.
Jacob Thomas
Chairman of the Board
FORWARD-LOOKING
STATEMENTS
This shareholder update may contain a number
of forward-looking statements. Words and variations of words such
as: "expect”, "goals", “could”, "plans", "believe", “continue",
"may", "will" and similar expressions are intended to identify our
forward-looking statements, including but not limited to: our
expectation for growth, benefits from brand-building, cost savings
and margins.
These forward-looking statements are subject
to a number of risks and uncertainties, many of which are beyond
our control, which could cause our actual results to differ
materially from those indicated in our forward-looking statements.
Such factors include, but are not limited to: continued volatility
of, and sharp increase in: costs/pricing actions, increased
competition, risks from operating internationally, consumer
weakness, weakness in economic conditions and tax law
changes.
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