SCOTTSDALE, AZ – March 19, 2014 -- Business Continuity Solutions, Inc. (OTC Pink: BUCS) (PINKSHEETS: BUCS) announced today that the Company intends to change its name to GreenLeaf 101, Inc. The new name more closely aligns itself with the Company's strategic growth plans. The change will be effective upon shareholder and final regulatory approval. In the meantime, the Company has begun operating under the fictitious business name of "GreenLeaf 101."
"As the marijuana industry grows and matures, there have been massive shifts in the business environment that have changed the range, depth and diversity of businesses operating within it. New and emerging markets in this rapidly growing industry are considered highly valuable. We have already identified several key business opportunities to accelerate our growth plans. Key personnel to drive the Company's growth and be advocates for our long-term shareholder growth culture have been identified," commented John Gorman, Chairman and CEO.
"In conjunction with our new business focus, we have been pursuing the development of a strong corporate identity that will accurately represent our Company and its services to our clients and prospects," Mr. Gorman concluded.
The state-authorized marijuana market value within the US is now assessed at $1.53 billion, and is projected to grow 68 percent from 2013 levels to $2.57 billion by 2014, as reported by Arcview Market Research.
Along with the name change, the Company will adopt a new corporate identity, including a new logo and visual identity.
About Business Continuity Solutions, Inc.
Business Continuity Solutions, Inc. is re-focusing its efforts on creating a professional mobile-platform of information through education and technical tactics as an extension for regulatory bodies to provide assistance in shaping controls in the emerging Medical Marijuana sector.
Safe Harbor Statement
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties. A number of factors could cause actual results to differ from those indicated in the forward-looking statements, which include, among others, the inherent uncertainties associated with smaller companies, the risk that information reported by third-parties is inaccurate, as the Company undertakes no obligation to independently verify such information, and the Company's ability to secure funding. Such statements are subject to a number of assumptions, risks and uncertainties. Readers are cautioned that such statements are not guarantees of future performance and those actual results or developments may differ materially from those set forth in the forward-looking statements. The Company undertakes no obligation to publicly update or revise forward-looking statements, whether as a result of new information or otherwise.
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SOURCE: Business Continuity Solutions Inc.