Tuesday, 11 November 2014 08:15 AM
New Business Venture to Serve as Guide for Legal Cannabis Market
MELBOURNE, FL / ACCESSWIRE / November 11, 2014 / Stragenics, Inc. (OTCQB: ASAB), a technology development and strategic investment company, announced today it has agreed to acquire BakedAmerican.com, a recreational cannabis consumer website providing product information, dispensary locations, strain information and resources for marijuana legal states. The website, which will generate revenue through advertising, profile placement and merchandising, is near its initial public release.
This first new acquisition for Stragenics, Inc. is in line with the Company's strategy of pursuing the building of shareholder value through both acquisitions and internal business development of, or investment in, small public and private technology companies entering their commercialization stage.
About Stragenics, Inc. (www.stragenics.com)
Stragenics, Inc., is a technology development and strategic investment company.providing guidance and investment for innovative, early stage technology-driven companies. The acquisition/investment focus will be on identifying strategically relevant, primarily leading edge, businesses that enhance and further the Company's business plan.
Forward-Looking Statements
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
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SOURCE: Stragenics, Inc