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MKH Ventures Announces Two Key Acquisitions of Profit-Sharing Contracts
Sheridan, Wyoming--(Newsfile Corp. - February 2, 2021) - Critical Solutions, Inc. (OTC PINK: CSLI) announces it has successfully funded and acquired $600,000.00 in a "Profit Sharing Contract with Across the OC, LLC a cannabis distribution company with sales of over $12.5 million that has launched MKH Finance into a return of $420,000.00 Gross Profit into our company for the next 5 years' worth $2,100.000.00 approximately. Mr. Sam Barraza, CEO of MKH Ventures, states, ''We are excited about the signing of Profit-Sharing Contracts on a 5-year basis for the profit growth of CSLI. Also We have also developed, funded, and acquired a second Profit Sharing contract with 770 Washington LLC, a cultivation cannabis management company with over $20.7 million under grow in the Los Angeles Licensed District. This adds $470,000.00 Gross Profit into our company for the 5 years' worth $2.3 million approximately. These key acquisitions into our holding's portfolio are extremely profitable to our balance sheet. The most important part of these key acquisitions is that these companies are cash flowing on a profitable basis year end and year out."
Mr. Barraza continues, "Once again, I want to thank Robert Munck, our Director of Business Development for guiding and completing the acquisitions into our holdings. Mr. Munck is continuing to build MKH Finance into a highly profitable division of MKH Ventures. Additional key highlights to our company are that we are proceeding with no reverse split and no "toxic" funding. Our key to be known by the company we keep. We will continue to build our company by only working with established and profit producing partners. In the coming weeks, we will be announcing the various JV partners and clients that are adding value to our company."
About MKH Ventures, LLC
MKH Ventures is a diversified holding company. MKH Ventures acquires and invests in emerging growth and profitable companies in the Cannabis, Crypto, and Real Estate markets.
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MKH Ventures, LLC
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: MKH Ventures, LLC.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73422