Name change, new symbol and reverse stock split take effect
Carlsbad, CA, October 22, 2015 – 420 Property Management, Inc. (OTCBB: DOGOD) (the “Company, “420”), is pleased to announce that the Financial Industry Regulatory Authority (“FINRA”) has approved the name change of the company from Digagogo Ventures Corp. to “420 Property Management, Inc.”, change of stock ticker symbol to “FTPM” and a reverse split of its common stock at a ratio of one post-split share per one hundred pre-split shares (1:100). The new CUSIP number for the common stock is 35104N100.
The name change and stock split took effect on October 5, 2015. The new symbol is expected to become active on or about November 9, 2015. Until then, the Company’s stock symbol will temporarily be DOGOD.
In addition, the Company is pleased to announce the appointment of Scott DeBo as CEO and Director. Mr. DeBo has more than twenty years of executive level experience with proven leadership skills, and a background in finance, accounting, and marketing within growth oriented small/medium businesses. Mr. DeBo is a partner at Evolution Capital LLC and for the past three years has overseen the funding of IPO’s, debt restructuring, equity based financing, and the execution of mergers and acquisitions of publicly trading companies.
“I am thrilled to be a part of this new organization and pleased to have achieved these important milestones in our Company’s development,” said Scott DeBo, CEO of 420 Property Management. “We now move to focusing entirely on the business activities and the positioning of 420 Property Management for growth in the zoned property investments and real estate industry and improving the capitalization structure the company.”
About 420 Property Management
420 Property Management is a diversified real estate development and property management company with a focus on the burgeoning hemp, cannabis, medical and legal marijuana industries. Through three integrated operating subsidiaries, 420 Property manages the full life cycle of real estate investment and property management in the cannabis and hemp industry. To learn more, visit: www.420Prop.com.
Scott DeBo, CEO
Cautionary Note Regarding Forward-Looking Statements
This press release and statements of representatives of 420 Property Management. (the “Company”) related thereto includes forward-looking statements within the meaning of the U.S. federal securities laws. Forward looking statements are statements that are not historical facts. Such forward-looking statements are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company’s control), which could cause actual results to differ from the forward looking statements. Such statements may include, without limitation, statements with respect to the Company’s plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management but are subject to significant risks and uncertainties, including those detailed in the Company’s filings with the Securities and Exchange Commission. Actual results (including, without limitation, the results of the Company’s efforts to acquire and integrate the dispensary property as described herein) may differ from those set forth in the forward-looking statements. Except as required by applicable law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Original press release.