IRVINE, CA--(NewMediaWire - Oct 5, 2017) - Sky440, Inc.
(OTC PINK: SKYF) announced today that it is closing in on
regaining its current status on OTC Markets with major updates on
acquisition, crypto data and Grow Vessel developments scheduled to
be released once the company is current.
During the third and fourth quarter of 2017, the company began
the process of having the skull and crossbones removed and
ultimately becoming current, including engaging its accounting
firm, filling of the fiscal year 2016 and 2015 annual summary and
financial reports with OTC, filing the fiscal year 2017 quarterly
summary reports for the first and second quarter with OTC, bringing
the company current in Nevada, including payment of all fees, and
paying the OTC annual fees. In addition, Sky440 will be posting
updated quarterly summary reports and quarterly financial
statements for the first, second and third quarters of fiscal year
2017 with OTC in a few days. Once those reports have been uploaded
to OTC, the company will be current with its reporting requirements
for OTC. The final step in the getting current process will be the
posting of the Attorney Letter with Respect to Current Information.
That letter will be posted shortly after the latest updated reports
have been submitted to OTC.
As the company moves forward it will continue working on
patents, trademarks and other significant intellectual property
protections, especially in the area of crypto data development and
related technologies. In addition, the company will look to expand
its base through potential acquisitions that will augment Sky440's
upcoming product line while ramping up the roll out of the
company's Grow Vessel product line. Further, once current, Sky440's
new web site is expected to be launched as its press releases and
social media outreach move into high gear. The process the company
has been going through will go a long way in keeping Sky440's
shareholders protected as everything continues to fall into place.
The company expects an action-packed fall and winter.
Sky440 with its two divisions: the Products Development Division
(the 'PD Division') and the Marijuana Development Division (the 'MD
Division'), is headquartered in Irvine California with a satellite
office located in Orlando Florida.
The PD Division is planning to acquire and develop
consumer-ready products and services with a focus on marketing and
distribution through what is commonly known as direct marketing or
direct response. The Company's initial plan is to source and
develop high-quality consumer products in the beauty, skincare,
fashion, entertainment, wellness and technology categories. Product
development will be pursued via data analysis, market research,
creative services, digital branding, customer engagement and
marketing optimization. In addition, the PD Division will
incorporate the Company's entertainment activities, including
product development and publishing, with an emphasis on assisting
the Company in the marketing and distribution of its overall
product line.
To that extent, the Company intends that the PD Division will
assist the MD Division in the branding, marketing and distribution
of MD Division products.
In Sky440's MD Division, its primary focus and planning has been
in the five general disciplines, including the development,
manufacturing, sales and servicing of our Grow Vessel product line;
Ancillary branded products and consulting services; Crypto data
development, compliance, payment processing, medical billing,
information portals and other Internet-based services; Real
property, including the leasing and purchase of real estate; and
International opportunities, specifically in potential acquisitions
of data related companies.
The company is exploring potential acquisitions in the ancillary
product side of the marijuana industry, including acquisition of
companies that provide products or services geared towards patients
and cannabis users. Furthermore, as stated above, it plans to focus
on potential crypto related data and informational technology and
services for the marijuana business. While pursuing potential land
acquisitions in the states of Washington, California, Oregon,
Colorado, Arizona and Nevada, a key consideration will be
discipline on price paid for such real estate assets, as recent
speculation has caused significant price increases.
The company has not engaged or authorized any third party to
conduct any type of promotional activity, including spam emails,
unsolicited faxes or news releases. The only official news and or
updates will be provided directly by the company, either through
regular tweets and or press releases, such as this release.
Furthermore, the company is not the subject of any corporate
action, including a disruptive corporate action, reverse merger,
stock split or name change.
Additional information about Sky440 will be available soon on
the Sky440 website at www.sky440.com and current updates
are posted regularly on Twitter
at www.twitter.com/sky440inc.
About Sky440:
Sky440, Inc. (OTC PINK: SKYF), a development stage company
with two divisions: (i) the Products Development Division (the 'PD
Division') and (ii) the Marijuana Development Division (the 'MD
Division'), is headquartered in Irvine California with a satellite
office located in Orlando Florida. The ultimate vision for the
Company is a fully integrated operational structure where the two
divisions work closely together in support of their respective
objectives. Both of the Company's divisions are planning to grow
through acquisitions, product branding and development, sales and
services, crypto data development, compliance, payment processing,
medical billing and other service related products. The PD Division
is planning to acquire and develop consumer-ready products and
services including entertainment and technology-related products.
The PD Division plans to assist the MD Division in the branding,
marketing and distribution of our planned MD Division product
lines. In the Company's MD Division, the focus has been in five
areas: (i) the development, manufacturing, sales and servicing of
the Grow Vessel product line; (ii) ancillary branded products and
consulting services; (iii) crypto data development, compliance,
payment processing, medical billing, information portals and other
Internet-based services; (iv) real property; and (v)
international.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters
discussed in this press release contain forward-looking statements
that involve risks and uncertainties, including those described in
the Company's reports and filings
at http://www.OTCMarkets.com.
Certain statements contained in this release that are not
historical facts constitute forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995,
and are intended to be covered by the safe harbors created by that
Act. Reliance should not be placed on forward-looking statements
because they involve unknown risks, uncertainties and other
factors, which may cause actual results, performance or
achievements to differ materially from those expressed or implied.
Forward-looking statements may be identified by words such as
estimates, anticipates, projects, plans, expects, intends,
believes, should and similar expressions and by the context in
which they are used. Such statements are based upon current
expectations of the Company and speak only as of the date made.