HOUSTON, TX / ACCESSWIRE / June 10, 2015 / Valley High Mining Company / Unique Growing Group, Inc. (PINKSHEETS: VHMC) is pleased to announce it has signed a Letter of Intent for the acquisition of TNS Distributors, LLC. ("TNS") as a wholly owned subsidiary. TNS is in the business of selling Hemp Infused energy drinks. TNS has an exclusive 11 state agreement to distribute all products under its contract.
"Mr. Steve Mroz is the reason I believe this company has the potential to be a leader in the industry," stated Richard Johnson, CEO of Valley High Mining Co. "He has been a force in sales and marketing of many products during his career going back to 1996. Mr. Mroz has both national and international distribution experience and will bring tremendous market sales insight and talent for creating products to the Company. Closing of this transaction will bring a deeply experienced marking team to the Company as well as a product that is sure to go crazy on the shelves."
Mr. Mroz stated, "We are very excited to partner with a company like Unique Growing Group because they have very similar likeminded ideas about natural products. I have been in the health and fitness supplement industry since 2008 and in the bottled water business dating back to 1996. I have never been as excited about an opportunity as I am now about this one - this is a real winner!"
According to the "Energy Drinks and Shots: Market Trends in the U.S." report, sales of energy drinks and shots will grow to a value of $21.5 billion by 2017, growing from $12.5 billion in 2012, according to market data from Packaged Facts. Analysis show health-and-wellness beverage products are seeing increased consumer penetration, while classic beverages - especially colas - as seeing consumer attrition. Functionally ready-to-drink ("RTD") beverages, namely energy drinks, sports drinks, and tea, have increased consumer penetration over the past few years and the trend is expected to continue.
About Valley High Mining Co./Unique Growing Group, Inc.
Valley High Mining Co./Unique Growing Group, Inc. is a manufacturing and consulting company that provides turnkey solutions to the natural/organic food industry and the emerging cannabis/hemp sector. The Company has developed proprietary Enviro-Pods that incorporate cutting edge hydroponic grow systems with intelligent greenhouse lighting, and ancillary horticulture support apparatus. These Enviro-Pods provide growers with a comprehensive clean-room environment to maximize the quality and quantity of their crop output. Valley High Mining Co./Unique Growing Group, Inc. also plans to launch or acquire food and beverage brands leveraging their portable growing systems. The Company believes this portability will give them access to local markets and cater to the immediate needs of such markets regardless of the seasonality of crops or geographic and or climate limitations.
Visit our website at www.uniquegrowingsolutions.com
Safe Harbor
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that represent the company's current expectations and beliefs. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws and include, but are not limited to, statements of management's expectations regarding the company's performance, initiatives, goals, strategies and new product introductions; statements of projections regarding international sales targets and goals in Asia including Mainland China; statements of belief; and statements of assumptions underlying any of the foregoing. In some cases, you can identify these statements by forward-looking words such as "believe," "expect," "project," "anticipate," "estimate," "intend," "plan," "targets," "likely," "will," "would," "could," "may," "might," the negative of these words and other similar words.
The forward-looking statements and related assumptions involve risks and uncertainties that could cause actual results and outcomes to differ materially from any forward-looking statements or views expressed herein. These risks and uncertainties include, but are not limited to, the following:
- any changes in operations or future financial results from those currently anticipated;
- any failure of current or planned initiatives or products to generate interest among distributors and customers and generate sponsoring and selling activities on a sustained basis;
- risks related to accurately predicting, delivering or maintaining sufficient quantities of products to support our planned initiatives or launch strategies, including possible ingredient supply limitations;
- risk of foreign currency fluctuations and the currency translation impact on the company's business associated with these fluctuations;
- regulatory risks associated with the company's products, which could require the company to modify its claims or inhibit the company's ability to import or continue selling a product in a market if it is determined to be a medical device or if it is unable to register the product in a timely manner under applicable regulatory requirements;
- any inability to secure necessary governmental approvals or licenses to effect any future changes or expansion;
- regulatory scrutiny and investigations in target markets in Asia and other foreign markets, that could in the future, negatively impact the company's business, including the interruption of sales activities in stores, loss of licenses, and the imposition of fines;
- adverse publicity related to the company's business, products, industry or any legal actions or complaints by distributors or others; and
- continued competitive pressures in the company's markets.
The company's financial performance and the forward-looking statements contained herein are further qualified by a detailed discussion of associated risks set forth in the documents filed by the company with the Securities and Exchange Commission. The forward-looking statements set forth the company's beliefs as of the date that such information was first provided and the company assumes no duty to update the forward-looking statements contained in this release to reflect any change except as required by law.
For additional Information contact: 713-642-2351
SOURCE: Unique Growing Group, Inc.
