CARLSBAD, CA - (Feb 25, 2014) - Strategic Global Investments, Inc. (OTC Pink: STBV) is pleased to announce that the Company, having recently acquired Bearpot, Inc. as wholly owned subsidiary, is working with Robert Coffy, the Company's current President to utilize all of Strategic's and Bearpot's resources to develop and expand further into the Colorado Marijuana market.
"I am personally very pleased to again be working with the Strategic team. We are all eager to get expansion underway," stated Robert Coffy, President of Bearpot, Inc. He continued, "It is still the Wild West out here, but with a solid public company like Strategic Global to provide a firm structured foundation, we are certain that Bearpot will have the funding and necessary resources to become an industry leader in the exploding Marijuana industry, not only in Colorado, but nationwide as territories continue to legalize cannabis. Having the funding to make sure we will be properly licensed and permitted will give us a strong advantage; having the capital to upgrade equipment and increase the crop size and quality will give us the edge we need to be a serious competitor in this brand new market."
BearPot is a newly formed entity to insure that it carried no debt or liability as a subsidiary of Strategic Global. The subsidiary was created to take the equipment and plant inventory that was part of the initial purchase. Robert Coffy is the current president and has worked with Strategic Global in the past. He will now oversee Bearpot for Strategic, and will be hiring qualified personnel and consultants as well as assisting with the marketing of inventory, merchandise and media.
"These are just the first steps in a strategy that, when fully implemented, will be able to integrate marijuana production and marketing with the Company's expertise in advertising and production capabilities for a solid niche in a hot industry," stated Andrew Fellner, President/CEO of Strategic Global Investments.
The Company has evaluated the industry and expects to be able to yield a harvest and generate revenues from the sales by the 4th Quarter of this year.
About Strategic Global Investments:
Strategic Global Investments is a company engaged in providing its customers with various venues to reach their target audience with on demand programming or advertising through Wazillo.com and WazilloMedia.com. WazilloMedia.com is involved in the production of videos for customers and consumers permitting the use of the Company's state of the art studios to produce their own videos and the use of a website where subscribers can make available live, streaming video for their potential audience. The Company produces Internet content, taped video shows, in their state-of-the-art studios in San Diego, California, where the productions can be stored and replayed on Demand 24/7 through the Company's cutting edge Content Management System. For more information visit our website at: www.strategicglobalinvestments.com
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SOURCE: Strategic Global Investments, Inc.