4Cable TV International, Inc. Announces Certain Incoming Financials Filings are Imminent

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Jan 08, 2021, 08:00 ET

PORT ST. LUCIE, Fla., Jan. 8, 2021 /PRNewswire/ -- 4Cable TV International, Inc. (OTC: CATV) (the "Company") is excited to announce that it is estimating the filing of its financial statement and disclosures in the coming weeks. Working diligently with the accounting department, the company strives to provide true transparency to shareholders.

In just a few weeks since taking office, our CEO has taken to completion the acquisition of a couple of revenue generating companies and announced the acquisition of a third revenue generating entity. Having closed 2020 with new management, new business plan, and these acquisitions, the company expects 2021 to provide its shareholders substantial growth in an industry that is still in its infancies. With a unified White House and Congress for the first time since 2008, The Safe Banking Act will get new life in the incoming session. Although slim, it may even have a chance to pass before the change in government as it is tied to the Covid Stimulus package. The MORE Act, which would fully remove cannabis from the Controlled Substances Act, has been the preferred legalization proposal of the Democratic House leadership. With the lead Senate sponsor being the incoming Vice President of The United States which now holds the deciding vote in the Senate, the Democratic leadership has promised that it will be voted on, and it is expected to pass. This would make the MORE Act, the widest ranging cannabis reform act of the coming years. Removal of Cannabis from the controlled Substances Act only furthers the missions and objectives of the future of 4Cable TV International, Inc. whose goal is to find cures for diseases like Cancer, pain, and many others. "When we are allowed to research Cannabis like they do in other countries, i.e. Israel, we will find cures to diseases that will give people an opportunity to heal naturally," says Michael Feldenkrais, our CEO. As we generate revenues through sales, mergers, acquisitions, and production with the opportunity to grow during a better legal environment, the company stands a chance to make great headways in the near to long term future.

About 4Cable TV International, Inc.

4Cable TV International, Inc. (OTC: CATV) is seeking to create and operate a fully integrated global CBD/hemp business, ranging from growing to retailing. To accomplish this strategy, the Company has begun to actively seek acquisition targets in the CBD/hemp industry, which may include companies in which the CEO or other related parties have interests. The companies will be consolidating all their operations into new offices shortly.

Cautionary Note Regarding Forward-Looking Statements

Statements in this press release regarding 4Cable TV International's business that are not historical facts are "forward-looking statements." Examples of forward-looking statements include, among others, statements regarding the Company's future business and prospects, strategic plans and strategic transactions. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others: general economic and financial conditions; consumer demand for CBD/hemp products and services; volatility in the trading markets and the lack of liquidity in the Company's common stock; the Company's ability to successfully execute on its new CBD/hemp strategy; the Company's limited operating history in the CBD/hemp business; the legal status of the Company's CBD/hemp business; risks inherent in the CBD/hemp business; existing and new government regulations and changes in regulatory requirements; risks related to rules and regulations at the U.S. federal, state and municipal levels with respect to CBD/hemp; the Company's ability to obtain financing or raise capital on favorable terms or at all in order to execute its business strategy; the Company's ability to successfully identify and integrate acquired businesses; and risks associated with engaging in transactions with third parties, including related parties. For a discussion of additional general risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see CATV's OTC Market filings. Any forward-looking statement made by in this press release is based only on information currently available to the Company and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law.

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SOURCE 4Cable TV International, Inc.