Gemini Group Global to Focus on Electronic Cigarette and Vaping Sector
(firmenpresse) - FORT WORTH, TX -- (Marketwired) -- 04/28/15 -- Gemini Group Global Corp. (OTC PINK: GMNI) ("Gemini Group Global" or the "Company") is pleased to announce that the Company has launched a new corporate strategy to focus exclusively on businesses and investments within the electronic cigarette and vaping sector.
"The popularity and expansion of the global e-cigarette and vaping sector over the last five years has been absolutely astounding," commented Christopher N. Cox, CEO of Gemini Group Global. "But even after this rapid growth and with the possibility of stricter government regulations in the future, we are extremely confident that there will be even more potential opportunities to build leading brands and earn profits as the industry matures and weaker players are overtaken by newer and more innovative companies."
Cox concluded, "Over the last several weeks, we have already established a lot of the groundwork for our entry into the e-cigarette and vaping industry. I expect that our strategy will begin to gain momentum over the next few weeks as we start to advance partnerships to develop, market, and distribute our own brands of e-liquids, vaporizers, and mods."
Industry analysts estimate that the overall e-cigarette and vaping market expanded to $2.5 billion in 2014, up from about $1.7 billion the previous year, with mods and vaporizers growing at twice the rate as "cigalike" style products.
Gemini Group Global Corp. (GMNI) is a publicly traded company focused on the development, marketing, and distribution of e-liquid, vaporizers, and mods in the rapidly growing e-cigarette and "vaping" sector.
This Gemini Group Global Corp. news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. Any statements that are not statements of historical fact (including but not limited to statements containing the words "will," "believes," "plans," "anticipates," "expects," "look forward", "estimates," and similar expressions) should be considered to be forward-looking statements. The forward-looking statements reflect the Company''s current views with respect to future events that involve risks and uncertainties. Among others, these risks include failure to meet schedule or performance requirements of the Company''s contracts, the Company''s ability to raise sufficient development and working capital, the Company''s liquidity position, the Company''s ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur as planned or at all. We do not assume any obligation to update any forward-looking statements.
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Datum: 28.04.2015 - 05:05 Uhr
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News-ID 1354494
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