MC Endeavors, Inc. Completes 100% Acquisition of Eclipse Liquids
CEO Steven Mazurek Completes Due Diligence and brings in the remaining Percentage of Eclipse Liquids
ALISO VIEJO, CA, Nov. 25, 2019 (GLOBE NEWSWIRE) -- MC Endeavors, Inc. /Eclipse Liquids (PINKSHEETS: MSMY) Mr. Mazurek is excited to announce MSMY has completed the Merger/Acquisition of 100% of Eclipse Liquids.
Mr. Mazurek stated, “during this short engagement period, we were able to complete our due diligence and verify everything that was represented to us was accurate and complete the balance of the acquisition for no additional stock. I want to thank Mr. Stippick for his patience, trust and honesty during this period. I am excited to work with him in his new role as the Sr. VP focusing on Mergers and Acquisitions and the several opportunities that he has brought to the table.”
Eclipse has completed their financials and submitted them to the accounting firm to be consolidated and posted to OTC Markets this week. “We are very pleased with the results for the first three quarters of the year and we are on track to meet our projections of $1.8 - $2.0 million in revenues for the fiscal year 2019. Since we started selling CBD products in Jan of 2019, this product line is now the fastest growing segment of our business with Q3 over Q2 revenue growth of 32% and Q4 over Q3 growth projected at over 60%. With the new equipment we have already ordered, and the planned product expansion, we expect next year to continue to show significant Q over Q Revenue Growth. We are profitable and reinvesting our profits into additional equipment to meet the growing demands and requests of our clients,” stated Mr. Mazurek.
About Eclipse Liquids
Founded in 2013, Eclipse Liquids is one of only 34 AEMSA certified and FDA registered clean room laboratories and production facilities for eLiquid private label manufacturing. Through years of perfecting manufacturing processes, developing and innovating new products and with a loyal and dedicated staff, Eclipse has grown to become a leader in the CBD Product manufacturing industry. Specializing in private label premium CBD products serving the needs of small-scale businesses to large multi-national companies.
The Company’s CBD Liquid Labs division offers a broad range of capabilities, from custom recipe development with full production and manufacturing, to confidential private labeling of your branded CBD products.
Video Tour of Eclipse Liquids see-
Additional Facility Pics -
Safe Harbor Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.
SOURCE MC Endeavors, Inc
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For further information contact:
Steven Mazurek
CEO
MC Endeavors, Eclipse Liquids
Phone: (949)448-0074
E-mail:
