(TheNewswire)
Las Vegas, Nevada – TheNewswire- October 22, 2021 – CABO VERDE CAPITAL, INC. ( OTC:CAPV ) (the “Company”) welcomes Mr.Curt Huber to its Board of Directors. Mr. Huberis an independent corporate and financial consultant who has beeninvolved in all facets of public companies for more than 30 years. Heis an experienced director and senior officer. In addition, he hasrepresented public companies in many different sectors, includingmining, oil and gas, hemp and technology. He has also providedinvestor relations, raised financing in the public markets and builtcorporate awareness for the companies with which he has beenassociated. He is currently the President, CEO and Director of GlobalHemp Group Inc. since 2014. Previously he was the President andDirector of Chimata Gold Corp. (2014-2017), Director of OrofinoMinerals Inc. (2013-2016), Director of Maxtech Ventures Inc.(2012-2016) and Director of AAN Ventures Inc. (2012-2013). Concurrent with the appointment of this newdirector, the Company changed its corporate headquarters to 5940 S.Rainbow Blvd., Las Vegas, Nevada 89118. John Duggan, President andChairman of the Company stated, “It is my pleasure to welcome CurtHuber to our Board of Directors, as he brings with him extensiveexperience in the public market and will be a valuable asset to theBoard.”
On October 20, 2021, the Company issued 51,617,647shares to JSB Investments Ltd., current holder of the convertibledebenture originally issued in 2012 to Robert Rosner. Mr. Huber is thebeneficial owner of JSB Investments Ltd. Upon this issuance, JSBInvestments Ltd. became the largest shareholder of the Company,holding 49.3% of the issued and outstanding common stock.
In addition to its existing business model, Cabo VerdeCapital, Inc. is currently looking to broaden its opportunities intothe entertainment and media industry.
Forward Looking Statements:
This release includes “forward-looking statements”within the meaning of Section 27A of the Securities Act of 1933, asamended, and Section 21E of the Securities Exchange Act of 1934. Suchstatements include any that may predict, forecast, indicate, or implyfuture results, performance or achievements, and may contain the words“estimate”, “project”, “intend”, “forecast”,“anticipate”, “plan”, “planning”, “expect”,“believe”, “likely”, “should”, “could”, “would”,“may” or similar words or expressions. Such statements are notguarantees of future performance and are subject to risks anduncertainties that could cause the company’s actual results andfinancial position to differ materially from those in such statements,which involve risks and uncertainties, including those relating to theCompany’s ability to grow. Actual results may differ materially fromthose predicted and any reported should not be considered anindication of future performance. Potential risks and uncertaintiesinclude the Company’s operating history and resources, together withall usual and common economic, competitive, and equity marketconditions / risks.
Contact:
John Duggan, President
Cabo Verde Capital, Inc.
info@caboverdecap.com
www.caboverdecap.com
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