DALLAS, TX – April 14, 2014 -- Graciela Moreno, an oil and gas exploration expert with extensive experience in corporate business development has been named President and CEO of SW China Imports, Inc. (OTCBB: SWCI) (OTCQB: SWCI), the Dallas-based company announced today.
Ms. Moreno, who has spent the last four years with GEM Consulting, LLC, in Dallas, also will serve as Chief Financial Officer and sole Director of the Company.
Ms. Moreno's experience also includes two years as investor relations officer for Arriola Operating and Consulting of Dallas, one year as assistant director of operations for America's Response Team Asset Management, also of Dallas, and stints with Chesapeake Energy and Continental Land Resources.
Her expertise includes managing diverse project portfolios, corporate business development, new client systems, and exploration and development in both the upstream and downstream sectors of the oil and gas industry. She has spent much of her career exploring new resources for major oil and gas companies domestically and internationally.
She attended Loyola Marymount University in Los Angeles and the University of North Texas in Denton.
The Company also announced it soon will file a 14C document with the Securities and Exchange Commission to change the name to Med-Cannabis Funding, Inc., and to restructure its outstanding and authorized capital. The Company intends to acquire and finance medical marijuana collectives in states where medical marijuana has been approved and is legal. Currently the Company has been actively negotiating with existing collectives in the states of Washington and Oregon.
The Company has offices in Dallas, TX, and anticipates opening an office in Seattle, WA. Additional employees will be added in the near future.
Forward-Looking Statements: This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing words such as "anticipate," "seek," "intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations and new regulations. SW China Imports, Inc., does not undertake any duty nor does it intend to update the results of these forward-looking statements.
SW China Imports, Inc.
SOURCE: South West China Imports, Inc.