Verde Media Group Inc. Letter of Intent for Acquisition of BeautyJect Inc. Asset Has Been Tendered

LOS ANGELES, March 20, 2015 /PRNewswire/ -- Verde Media Group Inc. (OTC: VMGI) announces that the company is completing the acquisition of its BeautyJect Inc. asset.

Verde has been approached for the products, IP, and distribution rights of BeautyJect Inc., and has 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.

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. 

BeautyJect Inc. will produce needle-free, over-the-counter cosmetic B-Ject devices, delivering a revolutionary anti aging system that fights wrinkles in the comfort of your home. 

William Veve, CEO of Verde Media Group Inc., stated, "We are one step closer to having this extremely valuable deal closed with our new partners.  I am very excited to be able to share with everyone the complete details of the deal next week that spells out our sale, new equity position we will retain, and plan behind BeautyJect as a fully reporting company.  This deal will deliver maximum shareholder value to both parties, as our new partners have the financing, expertise and industry skills to quickly bring the BeautyJect product line to market."

About BeautyJect Inc.

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 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.

For more information, visit:  www.beautyject.com.

About Verde Media Group Inc.

Verde Media Group Inc. is a publicly traded company listed on the OTC Markets trading under the stock symbol: VMGI. Verde Media Group Inc.  The company consists of three divisions:

Entertainment Division -  

Green Rusher follows the cannabis industry's revolution and all of the characters involved from the growers, retailers, to the venture capitalists, celebrities and companies claiming their stake in today's modern 'green rush'.

We are inviting you to be part of the revolution and become a featured personality on the show.

If you are and you have what it takes to be a Green Rusher go to www.greenrusher.com and upload your submission and be part of the show.  This open casting call will be opened for a limited time as we begin production of the first season of Green Rusher. 

Connect with Green Rusher-

Website- www.greenrusher.com

Twitter- www.twitter.com/GreenRusher

Facebook- www.facebook.com/greenrusher.

Agency Division -  The innovative Agency division services public relations, marketing, and transaction functions for corporate clientele.

Biotech Division - The Biotech Division manages a portfolio of biotech companies.

For more information, visit www.verdemediagroup.com, or connect with the company on Facebook. Twitter- @Verdemediagroup

DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions.

SOURCE Verde Media Group Inc.

Related Links

http://www.verdemediagroup.com