Valley High Mining Co. Signs Letter of Intent to Acquire Distribution Company of Hemp Infused Beverage Products
June 10 2015 - 9:00AM
Access Wire
HOUSTON, TX / ACCESSWIRE / June 10, 2015 /
Valley High Mining Company / Unique Growing Group, Inc.
(PINKSHEETS: VHMC) is pleased to announce it has signed a Letter of
Intent for the acquisition of TNS Distributors, LLC. ("TNS") as a
wholly owned subsidiary. TNS is in the business of selling Hemp
Infused energy drinks. TNS has an exclusive 11 state agreement to
distribute all products under its contract.
"Mr. Steve Mroz is the reason I believe this company has the
potential to be a leader in the industry," stated Richard Johnson,
CEO of Valley High Mining Co. "He has been a force in sales and
marketing of many products during his career going back to 1996.
Mr. Mroz has both national and international distribution
experience and will bring tremendous market sales insight and
talent for creating products to the Company. Closing of this
transaction will bring a deeply experienced marking team to the
Company as well as a product that is sure to go crazy on the
shelves."
Mr. Mroz stated, "We are very excited to partner with a company
like Unique Growing Group because they have very similar likeminded
ideas about natural products. I have been in the health and fitness
supplement industry since 2008 and in the bottled water business
dating back to 1996. I have never been as excited about an
opportunity as I am now about this one - this is a real
winner!"
According to the "Energy Drinks and Shots: Market Trends in the
U.S." report, sales of energy drinks and shots will grow to a value
of $21.5 billion by 2017, growing from $12.5 billion in 2012,
according to market data from Packaged Facts. Analysis show
health-and-wellness beverage products are seeing increased consumer
penetration, while classic beverages - especially colas - as seeing
consumer attrition. Functionally ready-to-drink ("RTD") beverages,
namely energy drinks, sports drinks, and tea, have increased
consumer penetration over the past few years and the trend is
expected to continue.
About Valley High Mining Co./Unique Growing Group,
Inc.
Valley High Mining Co./Unique Growing Group, Inc. is a
manufacturing and consulting company that provides turnkey
solutions to the natural/organic food industry and the emerging
cannabis/hemp sector. The Company has developed proprietary
Enviro-Pods that incorporate cutting edge hydroponic grow systems
with intelligent greenhouse lighting, and ancillary horticulture
support apparatus. These Enviro-Pods provide growers with a
comprehensive clean-room environment to maximize the quality and
quantity of their crop output. Valley High Mining Co./Unique
Growing Group, Inc. also plans to launch or acquire food and
beverage brands leveraging their portable growing systems. The
Company believes this portability will give them access to local
markets and cater to the immediate needs of such markets regardless
of the seasonality of crops or geographic and or climate
limitations.
Visit our website at www.uniquegrowingsolutions.com
Safe Harbor
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended that represent the company's current expectations and
beliefs. All statements other than statements of historical fact
are "forward-looking statements" for purposes of federal and state
securities laws and include, but are not limited to, statements of
management's expectations regarding the company's performance,
initiatives, goals, strategies and new product introductions;
statements of projections regarding international sales targets and
goals in Asia including Mainland China; statements of belief; and
statements of assumptions underlying any of the foregoing. In some
cases, you can identify these statements by forward-looking words
such as "believe," "expect," "project," "anticipate," "estimate,"
"intend," "plan," "targets," "likely," "will," "would," "could,"
"may," "might," the negative of these words and other similar
words.
The forward-looking statements and related assumptions involve
risks and uncertainties that could cause actual results and
outcomes to differ materially from any forward-looking statements
or views expressed herein. These risks and uncertainties include,
but are not limited to, the following:
- any changes in operations or future financial results from
those currently anticipated;
- any failure of current or planned initiatives or products to
generate interest among distributors and customers and generate
sponsoring and selling activities on a sustained basis;
- risks related to accurately predicting, delivering or maintaining
sufficient quantities of products to support our planned
initiatives or launch strategies, including possible ingredient
supply limitations;
- risk of foreign currency fluctuations and the currency
translation impact on the company's business associated with these
fluctuations;
- regulatory risks associated with the company's products, which
could require the company to modify its claims or inhibit the
company's ability to import or continue selling a product in a
market if it is determined to be a medical device or if it is
unable to register the product in a timely manner under applicable
regulatory requirements;
- any inability to secure necessary governmental approvals or
licenses to effect any future changes or expansion;
- regulatory scrutiny and investigations in target markets in Asia
and other foreign markets, that could in the future, negatively
impact the company's business, including the interruption of sales
activities in stores, loss of licenses, and the imposition of
fines;
- adverse publicity related to the company's business, products,
industry or any legal actions or complaints by distributors or
others; and
- continued competitive pressures in the company's markets.
The company's financial performance and the forward-looking
statements contained herein are further qualified by a detailed
discussion of associated risks set forth in the documents filed by
the company with the Securities and Exchange Commission. The
forward-looking statements set forth the company's beliefs as of
the date that such information was first provided and the company
assumes no duty to update the forward-looking statements contained
in this release to reflect any change except as required by
law.
For additional Information contact: 713-642-2351
SOURCE: Unique Growing Group, Inc.
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