NEW YORK, Oct. 11, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE- HempAmericana, Inc. (OTC: HMPQ) (“HempAmericana” or the “Company”) is excited to announce the official launch of the Company’s new website (www.hempamericana.com), which includes a variety of multimedia information, including updates on the latest developments on the Company’s progress as it strives to become the leading high-capacity producer of premium CBD Oil and CBD-based products in the eastern US market.
Salvador Rosillo, HempAmericana CEO, commented, “The new Website is the best place to keep up with our progress as we get production into full gear. Anyone interested can track all new developments there, including a beautiful gallery page that has pictures and videos of our primary extraction and production facility in Augusta, Maine.”
In addition to the launch of the new website, HempAmericana is also eager to update shareholders on two important developments.
First, the Company would like to update shareholders on its recent cut in Authorized Shares. Prior to this move, the Company’s total Authorized Shares stood at 6 billion. Total Authorized Shares now stand at 3.75 billion, representing a 37.5% reduction in dilution potential.
Second, the Company continues to aggressively develop its resources for marketing HempAmericana’s business, corporate identity, and coming products through proactive media and messaging outreach, digital communications strategies, and active use of social media and networks surrounding targeted influencers. The Company also intends to engage with partners to assist in expanding the scope of communications in order to improve corporate transparency and visibility.
“We have been cleaning up every loose end in sight as we prepare for an aggressive ramp in production activities and commercial operations,” continued Mr. Rosillo. “We’ve streamlined the cap table, cleared the Caveat Emptor designation on OTCmarkets.com, and taken steps to massive augment our visibility through the creation of a beautiful new website and a major expansion in our social media and digital marketing relationships. We are working hard every day to lay a strong foundation for the excitement that lies ahead for HempAmericana.”
About HempAmericana, Inc.
HempAmericana is currently in the rolling paper and CBD oil business using the brand name Weed Got Oil. Search Rolling Thunders hemp papers on YouTube for a product demonstration of the Company's papers. The company owns an extraction machine and now plans to become a leader in the CBD oil market by establishing three laboratories for the extraction and research of the oils contained in the hemp plant. HempAmericana also researches, develops and sells products mad of industrial hemp. See more at http://www.HempAmericana.net.
Safe Harbor Provision Cautionary statement for purposes of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the execution and performance of contracts by the Company and its customers, suppliers and partners. Please also review Hemp Americana annual and quarterly financials for a more complete discussion of risk factors. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise. This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sale of these securities in any state in which such solicitation or sale would be unlawful prior to registration or qualification of these securities under the laws of any such state.
Contact:
HempAmericana.com
Salvador Rosillo
HempAmericana, Inc.
Phone: (888) 977-7985