SEATTLE, April 22, 2015 (GLOBE NEWSWIRE) -- Primco Management, Inc. ("Primco" or the "Company") (OTCBB:PMCM), a versatile holding company, which currently operates subsidiaries in medical marijuana, real estate management and multi-media fields, today announced the plan of corporate restructuring and development, aimed at streamlining its business, increasing shareholder value and bringing in additional sources of revenue. The Management of the Company has performed in-depth research and had extensive consultations with industry experts, merger and acquisition specialists and financiers, which lead to the adoption of the updated business strategies for its existing subsidiaries as well as development of new ones in partnerships with cutting-edge enterprises.
"We are pleased to make our shareholders aware that Primco is actively working on several new and exciting business development projects, which we expect to start unfolding in the near future," said David Michery, CEO of the Company. He continued, "We are carefully following the fast-moving regulatory environment in the medical and recreational marijuana fields and are planning to be in the forefront of that core business and its newest area - auxiliary applications, such as payment processing and other services to the growers, distributors and users. Our real estate subsidiary is working on several projects related to clean energy generation and management while our multi-media subsidiary is actively restructuring its activities in the view of the realities of the digital age. Overall we plan to deliver to our shareholders a more lean, revenue and profit-oriented Company in the near future and are working hard to attain that goal."
About Primco Management Inc.
Through its wholly-owned subsidiaries, ESMG Inc., Top Sail Productions and D & B Music, Inc., the Company operates as an integrated entertainment company with divisions in music and film production and distribution. Primco also operates in various aspects of the medical marijuana and real estate industries.
Forward Looking Statement
This press release contains 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. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. No past revenue or other performance can guarantee the same or better performance in the future. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. 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.
CONTACT: Primco Management, Inc. (PMCM) 2211 Elliott Ave. Suite 200 Seattle, WA 98121 United States 206-455-2940 email@example.comSource:Primco Management, Inc.