MIAMI BEACH, Fla., March 08, 2016 (GLOBE NEWSWIRE) -- Bang Holdings Corp. (OTCBB:BXNG), a marijuana focused holdings company, is pleased to announce that its shares of common stock have been approved to trade by the Financial Industry Regulatory Authority (FINRA) and became DTC eligible on March 3, 2016 under the ticker symbol "BXNG."
“I’m incredibly proud of our team,” stated Bang Holdings CEO Steve Berke. “In the past 20 months, we have completed our entry into capital markets and built two businesses that are poised to disrupt two separate, but synergistic, multi-billion dollar industries.”
Bang Holdings Corp wholly owns two subsidiaries, Bang Digital Media, a cannabis focused digital media company, and Bang Vapor, an e-juice company set to hard launch in the second quarter of this year.
Since launching the digital channel 4TwentyToday across multiple digital platforms in July 2014, Bang Digital Media’s network has grown to reach 659,929 engaged marijuana enthusiasts and generated more than 150 million content views. Further, Bang’s expanded network of marijuana-friendly social influencers reaches a further 10 million potential customers.
“Bang Holdings is committed to responsible and transparent investments within the marijuana industry,” Berke said. “We have gone public through the S-1 process, rather than effecting a reverse merger, so we could provide a greater sense of transparency to our shareholders and the public. And, as a company, we do not directly touch cannabis, which gives our investors a sense of security that we will not be violating any Federal laws.” Berke continued, “We realize that the marijuana gold rush has already begun. So, rather than mining for gold, we prefer to be selling the pickaxes—and in the 21st century, the pickaxes are digital.”
Over the next several months, Bang Holdings will sign-up powerful social influencers to our marketing network. We will continue to expand our network of marijuana enthusiasts via 4TwentyToday and other managed channels, along with launching our first line of BANG branded products.
About Bang Holdings: Bang Holdings focuses on investments within the cannabis industry that do not directly touch cannabis. It currently provides cannabis-related digital content and influencer based marketing for the marijuana industry. For more information, please visit www.bangholdings.com
This information does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of Bang Holdings. All information presented herein with respect to the existing business and the historical operating results of Bang Holdings and estimates and projections as to future operations are based on materials prepared by the management of Bang Holdings and involve significant elements of subjective judgment and analysis which may or may not be correct. While the information provided herein is believed to be accurate and reliable, Bang Holdings makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. In furnishing this information, Bang Holdings reserves the right to amend or replace some or all of the information herein at any time and undertakes no obligation to provide the recipient with access to any additional information. Nothing contained herein is or should be relied upon as a promise or representation as to the future.
Forward-looking Statements: Certain matters discussed in this announcement contain statements, estimates and projections that involve risks to and uncertainties in Bang Holdings' business that may cause actual results to differ materially from those anticipated by the statements made herein. Such statements, estimates and projections constitute forward-looking statements within the meaning of the federal securities laws. Bang Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. No representations or warranties are made as to the accuracy of such forward-looking statements or whether any of the projections included herein will be realized.
CONTACT: Lee Molloy/786-499-6134/Lee@bangholdings.com
Source:Bang Holdings Corp.