President’s Letter to Shareholders
Apr 20, 2014
OTC Disclosure News Service
From the desk of the President of HD Retail
Solutions, Inc. April
the Shareholders of HD Retail Solutions, Inc., (?HDRE?):
I am writing to you today with good news. As you may know, I have spent a great deal of
time and energy to the goal of sharing with my fellow shareholders the
opportunity to participate in a separate venture known as Greenscape
As a result of new hurdles to the proposed
transaction, I am rescinding the proposed dividend transaction and withdrawing
the S-1. Rather than deny you the
benefits of the Greenscape Laboratories, Inc. venture that many of you have
been waiting for, I am resolving the issue a different way. The result is two-fold. First, it brings immediate benefit of the
Greenscape venture to HDRE?s shareholders.
Second, I will be more able to focus on developing the company?s
operations rather than devoting so much time and attention to non-productive
and expensive regulatory filings.
time you have been waiting for is NOW.
HD Retail Solutions, Inc. is formally
acquiring the assets of Greenscape Laboratories with the exception of
Greenscape?s bank accounts. Because the
company is not being transferred, but only the assets, shareholders of HDRE
will not be exposed to any contingent liabilities of Greenscape?s.
Ten million common shares will be issued
by HD Retail Solutions, Inc. as the purchase price. These will be restricted for one year, so
there will be no dilution to current shareholders from acquiring Greenscape?s
The company is applying for a change of
name to ?Greenscape Laboratories, Inc.? and will also pursue a change in the
The company will also be increasing the
authorized number of shares. It
anticipates using shares to acquire existing competitive facilities or other
assets necessary to operate Greenscape?s facilities and retain personnel needed
to conduct testing facilities.
There will be no immediate change to the
management of HDRE, but we anticipate the addition of directors and/or
consultants to assist with various technical, marketing and other issues.
plans going forward:
Greenscape intends to expand the company
both organically and by acquisition using stock. Although our goal is to make all actions
immediately accretive, management is more interested in the long-term growth
than in immediate returns on investment.
Greenscape has already begun reaching
out to potential competitors in the testing business to acquire portions of, or
all of, existing facilities in Colorado, Oregon and Washington.
Greenscape intends to begin its own
testing operations as soon as practical using its own equipment without
damaging on-going discussions where existing facilities are located.
Although Greenscape?s initial expansion
plans center on states allowing recreational marijuana use, it is evaluating
expansion to those states where medical marijuana is allowed.
Yes, we will be testing marijuana for
the presence of toxins, the level of CBDs, CBNs and THC.
Yes, we will be presenting a new website
and we will use it as our primary social media contact point.
Yes, we will also employ a ?Facebook?
and ask that you ?like it?. We intend on
posting all news-worthy items on the page.
Yes, we will be making Press Releases to
update shareholders and the markets of relevant actions taken by the company
and items that may affect the company?s operations in the marijuana industry.
Yes, we will respond to inquiries made
via the webpage.
James R. J. Scheltema, CPA, Esq.
HD Retail Solutions, Inc.
Safe Harbor Statement
This Press Release may contain certain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The Company has tried, whenever possible, to
identify these forward-looking statements using words such as “anticipates,”
“believes,” “estimates,” “expects,”
“plans,” “intends,” “potential” and similar
expressions. These statements reflect
the Company’s current beliefs and are based upon information currently
available to it. Accordingly, such forward-looking statements involve known and
unknown risks, uncertainties and other factors which could cause the Company’s
actual results, performance or achievements to differ materially from those
expressed in or implied by such statements. The Company undertakes no obligation to update
or advise in the event of any change, addition or alteration to the information
catered in this document Release including such forward-looking statements.
This release includes additional documents. Select the link(s) below to view.
From the Desk of the President of HDRE.pdf
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