TMCnet News
Optium Cyber Systems Enters Negotiations to Acquire Organic Cannabidiol CompanyTHE WOODLANDS, TEXAS, Nov. 29, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Optium Cyber Systems, Inc. (OTC:OCSY) would like to inform shareholders that it has commenced negotiations to acquire an organic cannabidiol development and marketing company. The target company (the ‘Acquisition’) has a complete product line which is generating sales and poised for significant growth. The proposed Acquisition would operate independently as a wholly owned subsidiary of Optium Cyber Systems. “This new opportunity came by way of a former director and officer of Optium Cyber Systems,” stated George Rutherford, President of Optium Cyber Systems, Inc. “We feel strongly that it is worth pursuing as the Acquisition’s product line is in the market place and gaining traction. There are also a number of very exciting products under development. This is a turn-key situation with existing products, revenue, and infrastructure and will operate independently as a wholly owned subsidiary. We see this as a great opportunity to add shareholder value,” concluded Mr. Rutherford. About Optium Cyber Systems, Inc. Optium Cyber Systems, Inc. (‘Optium’) is a cyber security consulting company that has developed a process to analyze, identify and address cyber security vulnerabilities in an organization’s critical IT infrastructure which is scalable to any size organization in any industry. Optium Cyber Systems, Inc. recently entered into an agreement to acqire 100% of the outstanding ownership interest of Iron Man Protection, LLC. Optium Cyber Systems, Inc. is a publicly traded company having its common shares quoted on the OTC Markets under the symbol OCSY. Contact Information Investor Relations Ten Associates LLC 11529 N. 120th St. Scottsdale, Arizona 85259 USA Telephone: 480-326-8577 Contact: Thomas E. Nelson Email: [email protected] Optium Cyber Systems, Inc. 8350 Ashlane Way, Suite 104 The Woodlands, Texas 77382 USA Contact: George Rutherford Telephone: 936-737-9262 Email: [email protected] Web: www.optiumcyber.com Forward-Looking Statements Safe Harbor Statement This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |