ATLANTA, GA, Nov. 08, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Cambridge Golf, a wholly-owned subsidiary of Viratech Corp. (OTC PINK: VIRA), today issues the following letter to shareholders on behalf of CEO Craig Forney.
Valued Shareholder,
The past two years has been an incredible evolution at Cambridge Golf. We set off in 2016 to build a world class golf brand and I am proud to say that we are executing to our plan. We have launched a line of world class golf balls, accessories, clothing and innovative nutrition products. These products are initially available online through our website for direct ordering, with plans to expand both online and physical retail channels.
Merging with Viratech Corp. (OTC PINK: VIRA), a publicly traded company, several months ago provides us with a platform and access to investment capital to accelerate our product line build out and associated revenue streams through both organic execution and additional company acquisitions. We have brought the company financials up to date. We have added depth to the management team and domain expert consultants.
Our focus is building great products under an innovative brand that provides shareholder value both short and long term. We have some extremely exciting announcements on the way in the areas of product expansion, professional athlete endorsements, and adjacent market entry. We thank you, our shareholders, for your support and patience as we continue to add enterprise value to the company though execution to our strategic plan.
About Cambridge Golf:
Cambridge Golf is publicly traded holding company that designs and manufactures innovative sporting goods, clothing, supplements and accessories to the sports, nutrition and golf markets. The Company plans on continuing to extend and deepen its product lines to include other progressive market segments through acquisitions and organic growth of existing product lines. Cambridge Golf is publicly traded on the OTC market under the symbol (VIRA). www.cambridgegolfing.com
Forward-Looking Statements:
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.