VERDE MEDIA(OTCMKTS:VMGI) has announced that the company is completing the acquisition of its BeautyJect Inc. asset. Verde had been approached for the products, IP, and distribution rights of BeautyJect Inc., and had been offered the ability to leverage them into the strongest strategic hands that will deliver the maximum added value, for both the interested parties’ shareholders, and Verde’s shareholders. BeautyJect Inc. is a majority owned subsidiary of Verde Biotechnology Corp. and offers needle-free technology fully adapted to the beauty care and cosmetic markets. The company will produce needle-free, over-the-counter cosmetic B-Ject devices which will deliver a revolutionary anti aging system that will fight wrinkles in the comfort of a person’s home.
Pending customary closing agreements that are to be executed this coming week, Verde Media Group Inc. and shareholders of record will receive an equity position in the fully reporting entity undertaking the purchase. William Veve, CEO of Verde Media Group Inc. had stated that they are one step closer of having this extremely valuable deal being closed with their new partners. He further stated that the deal will deliver maximum shareholder value to both the parties, as their new partners have the financing, expertise and industry skills to quickly bring the BeautyJect product line to market.
The injectors can be used to administer liquid cosmetic products such as, hyaluronic acid, vitamins, and a variety of other products delivered to the top layers of the skin through a non-invasive, needle-free, painless delivery system. Verde Media Group Inc. is a publicly traded company listed on the OTC Markets trading under the stock symbol: VMGI. The company consists of three divisions’ vis-à-vis entertainment division, agency division and biotech division.