The Lending Window Opens for the MMJ Sector - Dutch Gold Launches Finance420.com
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ATLANTA, GA / ACCESSWIRE / April 3, 2014 / Dutch Gold Resources, Inc. (DGRI.OTC) (the “Company”) (http://dutchgoldinc.com) today announced that it will launch Finance420.com on April 8, 2014 to provide a platform that will match borrowers and lenders for the MMJ sector.
Currently http://www.finance420.com/ provides a landing page for companies in the MMJ industry that want to joint venture with public companies. DGRI offers consulting services to match private looking for capital with public companies that are looking for joint venture partners in the sector. Further the Company offers consulting and referral services to private companies in the sector that wish to go public whether through reverse merger or by the more traditional IPO process.
Recognizing that many companies in the sector need loans, DGRI has sought out alternative lenders who are interested in deploying capital into the MMJ space. Dan Hollis, CEO of DGRI said, “While banks and traditional lenders are often precluded from lending to the MMMJ sector, we have assembled a network of investors who are enthusiastic about deploying capital in the sector”. To match potential borrowers and lenders, we will launch the FundMe420 platform onto our existing site, allowing borrowers to submit information about their company and capital needs on a secure, confidential platform. The platform will then match the borrowers needs with the capabilities of the lenders in our expanding network.
“We view this as a value-added service that we can provide to our future merchant services clients, and an integral part of the capital formation process for this rapidly growing industry. We want o provide multiple financing alternatives to this industry as it grows from $2B this year to $10B in 2019”, said Mr. Hollis. Interested industry participants are encouraged to explore http://www.finance420.com/ on April 8, 2014.
Forward-Looking Statements
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.
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