Verity Corp (OTCQB:AQLVD), a vertically integrated sustainable agriculture company incorporating organic production technologies and non-GMO standards for the efficient production of healthy food, announced today that it has retained Maxim Group LLC, a leading premier investment banking, securities and investment management firm, to provide strategic corporate finance and investment banking services. Maxim will focus on assisting Verity in its strategies for maximizing shareholder value through its full scope of investment banking services.
Duane Spader , CEO of Verity Corp, said, "We are extremely excited to engage our new strategic partner, Maxim Group, with helping us to do what they do best-- assisting and advising public companies in building not only a company's financials but also increasing our exposure in the investment community. We, at Verity, can in turn continue to concentrate on what we do best. And that is assisting our growing base of farming community/customers in implementing the necessary processes to grow healthy food for the growing consumer demand."
Spader added, "After meeting and doing our due diligence with several investment bankers over the past several months, we chose Maxim Group for their expertise and experience in providing the strategic advisory services we require to grow our business organically and through acquisitions. The sustainable agriculture market is clearly primed for companies such as Verity to aggressively expand its distribution footprint, invest in more marketing and capitalize on stronger organization through acquisitions that have the potential to be accretive to our top line and bottom line."
Maxim representatives commented, "We are delighted to partner with Verity Corp in the financial and value creation components of its corporate strategy through our full-service investment banking capabilities. We are looking forward to working with Verity Corp with strategic planning, developing strategic partnerships, advising on potential acquisitions and introducing the company to the investment community."
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About Maxim Group LLC
Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading as well as equity research. Maxim Group currently maintains in excess of $2.5 billion in client assets. The investment banking group focuses on middle market and emerging growth companies within the shipping, energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); International Securities Exchange (ISE); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.
About Verity Corp ( www.veritycorp.com )
Verity Farms is dedicated to providing consumers with safe, high quality and nutritious food sources through sustainable crop and livestock production. Verity has built the foundation for expansion that is diversified into three distinct, yet interlinked, divisions operating six business units. The three divisions: Soil Preservation, Water Systems and Consumer Products. Soil Preservation consists of Verity Farms and Verity Turf; Verity Water Systems comprises its own division; and, Verity Consumer Products will consist of Verity Meats, Verity Produce and Verity Grains. The common goal within each Verity Business Unit is to decrease chemical dependency, to diminish the need for genetic modification, to preserve the family farm, and ultimately, to provide a nutritious, high-quality food source to consumers.
Aistiva Corporation, a subsidiary of Verity Corp, is a life sciences research and development company creating novel products for numerous industries. The company's patented technology influences biological processes naturally and without chemical interaction which holds promise in enhancing crop yields to providing drug-free medicine, Aistiva is providing innovative physics-based solutions to the world's largest problems. To learn more about Aistiva, please visit: www.aistiva.com.
Safe Harbor: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:Verity Corp Investor RelationsInvestorRelations@mindspring.com360-782-4477
SOURCE Verity Corp