MIAMI BEACH, Fla., April 13, 2016 (GLOBE NEWSWIRE) -- Bang Holdings Corp. (OTC Pink:BXNG), a digital advertising company that provides content and its influencer-based marketing network to the cannabis industry, today announced the appointment of successful entrepreneur and business executive Kevin Park, 38, to its Board of Advisors.
Park is an accomplished venture investor who has founded several entrepreneurial ventures including Lourus, an education service in Korea, and Perverse Sunglasses, a Los Angeles-based fashion brand. Since 2011 he has served as Managing Partner of Newport Beach-based Simplepitch Ventures, which focuses on investments in early-stage consumer companies.
Previously, Park served as a Senior Associate for Newport Beach-based Marwit Capital. Prior, he worked as an analyst for Robertson Stephens and Mesirow Financial. He earned his undergrad degree from Yale University and his MBA from the Stanford University Graduate School of Business. He is a Fulbright Scholar and was awarded his CFA designation in 2007.
“Kevin is a phenomenal talent and we are proud to have him on our team,” Steve Berke, Chairman and CEO of Bang Holdings said. “Along with significant international business experience, Kevin brings to the team more than a decade of expertise in successfully establishing startup and developmental-stage companies.”
“I’m thrilled to have this opportunity,” Park said. “The legal cannabis market is a $6 billion industry projected to triple in four years, yet major mainstream digital advertising companies such as Google, Facebook and Yahoo are restricting cannabis advertising. However, Bang Holdings has the vision, management and resources to create the first major digital advertising and marketing network for the industry, and I look forward to contributing to its success.”
About Bang Holdings Corporation
Bang Holdings Corporation (OTC Pink:BXNG), through its subsidiary Bang Digital Media, provides brand management, cannabis related digital content and influencer-based marketing for the cannabis industry. While major media providers restrict online marijuana advertising, Bang Holdings’ marketing networks allow cannabis companies to directly reach cannabis and cannabis equipment consumers.
Since launching its digital channel 4TwentyToday across multiple digital platforms in 2014, Bang Digital Media’s network has grown to reach 659,929 engaged marijuana enthusiasts and has generated more than 150 million content views. Bang’s expanded network of marijuana-friendly social influencers reaches an additional 10 million potential customers. For more information, please visit www.bangholdings.com .
Forward-looking Statements
Certain matters discussed in this press release may contain statements, estimates and projections that involve risks and uncertainties in Bang Holdings' business that may cause actual results to differ materially from those anticipated by the statements made herein. Such statements, estimates and projections constitute forward-looking statements within the meaning of the federal securities laws. Bang Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. No representations or warranties are made as to the accuracy of such forward-looking statements or whether any of the projections included herein will be realized.
Investor/Media Contact: Todd Markey, Vice President, Investor Relations Phone: 818-280-6800 tmarkey@irpartnersinc.com Company Contact: Lee Molloy Phone: 786-499-6134 lee@bangholdings.com
