{"id":477814,"date":"2021-04-19T07:33:22","date_gmt":"2021-04-19T11:33:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/verde-bio-holdings-inc-updates-with-letter-to-shareholders\/"},"modified":"2021-04-19T07:33:22","modified_gmt":"2021-04-19T11:33:22","slug":"verde-bio-holdings-inc-updates-with-letter-to-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/verde-bio-holdings-inc-updates-with-letter-to-shareholders\/","title":{"rendered":"Verde Bio Holdings, Inc. Updates with Letter to Shareholders"},"content":{"rendered":"
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\n DEAR SHAREHOLDERS:<\/b>\n <\/p>\n

FRISCO, TX, April 19, 2021 (GLOBE NEWSWIRE) — via NewMediaWire<\/a> — Verde Bio Holdings, Inc.<\/b>\u00a0(OTC: VBHI) To Our Valued Friends and Shareholders:<\/p>\n

We hope that you and your families are safe and healthy during these times. We wanted to provide you an update about Verde Bio Holdings:\u00a0<\/p>\n

Verde Bio Holdings is executing on its business strategy by acquiring revenue producing undervalued properties. \u201cGuided by our strong management and deal flow network we have built a solid pipeline of deals and are accumulating a portfolio of revenue producing properties,\u201d\u00a0Scott Cox, CEO,\u00a0states. \u201cThere are amazing acquisition opportunities available at present.<\/p>\n

\u201cOur Reg A+ Tier 2 Offering was initially qualified by the U.S. Securities & Exchange Commission on 01\/19\/2021. Our original goal, as detailed in our first filing, was to raise $14,500,000, which is what we believed to be an amount to get us to a self-sustainable critical mass. We have since reduced the total cap raise to $10,000,000, as we are experiencing better results with the higher oil and gas prices and our ability to acquire assets at less expensive prices. We will raise this amount under our current pricing structure or through an amended higher offering price and will then close the Reg A offering once the $10 million is raised. With our acquisitions to date and the other properties we have identified, we believe that we can reach at least $200,000 per month in revenue and approximately $25-$30 million in asset value.\u00a0<\/p>\n

\u201cTo date, we have entered into ten different transactions. Highlights of these acquisitions are below and all acquisitions to date are detailed in news releases at www.otcmarkets.com\/stock\/VBHI\/news<\/a><\/p>\n