FORT LEE, N.J., April 09, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- GD Entertainment And Technology (USOTC: GDET) (“GDET” or the “Company”) today released the packaging images for its all new hemp derived CBD products. GDET recently launched a cannabis sector subsidiary called, “The Greenery.” GDET will launch The Greenery CBD sales in conjunction with the annual 420 celebration, April 20, 2019. Today, within this press release, GDET has published the images of the labels that will be on The Greenery CBD products. These products will be for sale on GDET’s own Ecommerce site, www.thegreeneryco.com and on additional Ecommerce sites. GDET plans to announce additional sales venues between now and the 420 official launch. Among other sales venues, GDET is in discussions with North American Cannabis Holdings, Inc. (USOTC: USMJ) to have The Greenery CBD products available at USMJ.com.
GDET Named Best Pure Play in Three Fastest-Growing Industries in Research Report Issuing $0.06 Target PPS.
GDET recently announced that Goldman Small Cap Research issued a research report on the Company. The report includes a target price-per-share of $0.06. The report reviews recent events and provides an analysis of GDET's new initiatives. To view the research report, along with disclosures and disclaimers, visit http://www.GoldmanResearch.com.
About GDET
GD Entertainment & Technology, also known as GDET, focuses on high growth industries to fulfill a diverse selection of premium products nationwide. The company currently manufactures, wholesales, and markets a portfolio of blockchain/financial service-based products. GDET strives to become one of the premier Cryptocurrency mining facilities that is client-focused and dedicated to creating a new standard in the Blockchain space based on security and transparency. GDET has also developed a strong relationship with suppliers worldwide to ensure future purchasing. The company currently has two subsidiaries, DreamCard and HyperDigital Technologies, which both offer a selection of transactional-based products and services. DreamCard allows users to create a customizable debit or credit card using its state of the art online platform. HyperDigital Technologies is the Cryptocurrency ATM sector of GDET and aims to secure multiple MSB, money services business, licenses in order to host ATM units throughout the country.
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 GD Entertainment and Technology 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:
GD Entertainment and Technology
732-851-3756
anil@gdet.co
www.gdet.co
1 Bridge Plaza
Photos accompanying this announcement are available at:
http://www.globenewswire.com/NewsRoom/AttachmentNg/9576521b-8719-4148-b159-0bc36cbd4706
http://www.globenewswire.com/NewsRoom/AttachmentNg/1d312bba-4fdd-424d-80ea-57e046440fca