ATLANTA, GA / ACCESSWIRE / May 27, 2014 / Dutch Gold Resources, Inc. (DGRI.OTC) (the "Company") (http://dutchgoldinc.com) today announced that it will launch its crowd-funding portal for the MMJ sector. On June 20, 2014. The Company’s technology team has completed the functionality of the site, http://www.mmjcrowdfund.com/ and is now three soliciting companies that are seeking capital.
DGRI intends to launch the site on June 20, 2014 with offerings for five companies. Two companies have already been selected; one is the beverage sector and one that provides ancillary services to the retail sector. Companies that are interested in raising capital are encouraged to inquire at [email protected]. Companies seeking capital must a have an up to date business plan, a clear path to profitability and earnings, and a management team that is capable of delivering rapid growth. DGRI will conduct due diligence on each submitting company, making the final decision about which companies to feature on its inaugural launch on June 13, 2014.
The Company has identified networks of accredited investors to whom the funding candidates will be exposed. DGRI will also these featured companies with lenders in the sector, and will facilitate subsequent rounds of financing for successful corporate candidates. Accredited investors who are interested in reviewing these candidates are also invited to inquire at [email protected].
DGRI plans to provide crowd funding opportunities to another ten companies during 2014, with a five-company second launch on September 18, 2014 and a third five-company launch mid December 2014.
Daniel Hollis, CEO commented, "We are very excited to provide a financing platform to this exciting new industry. The capital needs as this sector grows for $2B to $8B in sales over the next four years are very significant. Our intention is to make mmjcrwodfund.com the premier platform for high-quality companies in this sector, featuring the best of the best offerings. We believe that this will serve our shareholders, generating revenue from fees and potentially equity in some of the most exciting new growth companies in the MMJ sector. DGRI is pleased to move from the concept stage to actually producing revenue during Q2 2014."
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Dutch Gold Resources, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
For further information, please see http://www.dutchgoldinc.com/ or please contact Daniel Hollis, CEO of Dutch Gold Resources, Inc. at 404-981-7424.
SOURCE: Dutch Gold Resources Inc.