BluDog books 1.5MM Revenue and Reduces Debt by $188k
November 29 2017 - 7:00AM
BluDog Products LLC, a subsidiary of International Consolidated
Companies, Inc. (OTC:INCC), is happy to report booking 1.5MM
Revenue and Reduces Debt by $188k.
https://www.otcmarkets.com/financialReportViewer?symbol=INCC&id=183016
www.BluDogProducts.com/SGH
BluDog Products turnkey stackable grow houses
“We are very excited to work with Kale Lacroux, The Grow Light
Club, who’s proprietary L.E.D. Modulation Systems have increased
outputs in marijuana grow facilities exponentially,” said Jeffrey
Halferty, JHD.
The problem: Under IRS code 280e Marijuana businesses cannot
deduct normal expenses like rent; cost of goods, personnel, etc.
and thus owe taxes on Revenue.
The solution: BluDog Products turnkey stackable grow houses will
ONLY be available by lease to growers. This should provide a
continual income stream while keeping the growers facilities state
of the art and most efficient. Additionally, we understand
the equipment lease payments are deductible to the growers as
exception to 280e.
The plan: BluDog is in talks with several groups to place its
stackable grow houses on land, which complies with state and local
statutes for a lease back to licensed growers. This reduces
the cost of entry to a lease payment. Opening the market to
more participants.
The Company will issue more details as they develop in
subsequent press releases.
BluDog is marketing its CBD products both direct to consumer and
to distributors through specific distribution channels through its
online store: https://www.bludogproducts.com/pages/zenium
BluDog Products is strategically introducing a
water-soluble CBD oil super food and wellness drinks (with an
extended release formulation) that are easily absorbed. Using a
licensed, patented CBD delivery system BluDog’s CBD products are an
alternative over-the-counter therapeutic option to help relieve
post-sports inflammation as well as promote relaxation and
well-being. BluDog’s CBD products interact naturally with the
body’s anti-inflammatory system without any known side effects.
International Consolidated Companies (INCC) was founded in 2002.
INCC is focused on acquiring and growing businesses that offer
innovation, quality, and cost-efficient Cannabis technologies.
Forward-looking disclaimerThis press release may contain certain
forward-looking statements and information, as defined within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, and is subject to the
Safe Harbor created by those sections. This material may contain
statements about expected future events and/or financial results
that are forward-looking in nature and subject to risk and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements to be materially
different from the statements made herein. More Information:
Antonio F. Uccello, INCC; (720-460-0734) (baltic38dp@me.com),
www.BluDogProducts.com, @BluDogProductsSOURCE: International
Consolidated Companies, Inc.
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