No Borders, Inc. (Ticker:NBDR), a Nevada corporation, today announced that it successfully raised a limited amount of capital via its SEC qualified RegA offering with share sales to both institutional and private investors prior to the end of the 2019 calendar and company fiscal year.
No Borders, Inc. and its subsidiaries are committed to operating with a brand and revenue growth focus from a lean operations ideology. Toward these goals the Company has continually worked closely with its friends and investors to only raise the relatively small amounts of capital that the Board deems necessary for supporting the Company’s stability and overall growth.
The Board of Directors of No Borders, Inc. is proud to have issued 2.5 million shares of NBDR common stock through the company’s currently qualified RegA offering to Tri-Bridge Ventures of New York City. Tri-Bridge is well known and highly respected in the OTC Market RegA funding sector and the Company is grateful to have had Tri-Bridge Ventures as the only institutional investor in 2019. In addition to the issuance to Tri-Bridge Ventures, the Company also issued an additional 2.5 million shares to private investors with a longer term investment focus prior to the closing of 2019 year end.
Joseph Snyder, CEO of No Borders, Inc. stated, I am thrilled to have had the amazing team at Tri-Bridge Ventures work on the institutional side of our RegA offering in 2019. I would like to personally thank Daniel Schmidt for his informative, friendly and diligent work with myself and the NBDR team. Here at No Borders we are always very mindful of limiting dilution while realizing outsized benefits from the capital we receive and I am very proud to have had the folks at Tri-Bridge Ventures as transactional investors in 2019 while continuing our Company tradition of engaging with long term focused private investors for the majority of our strategic capital needs.
The Company believes that there is great benefit to overall shareholder value when the Company’s securities have adequate liquidity to provide a balanced, fair and honest market. This issuance of 2.5M shares to Tri-Bridge Ventures not only provides No Borders, Inc. with some additional liquidity for operations and growth but as an institutional investor Tri-Bridges business model is a transactional one. This limited but relevant amount of new shares being added to the market can help to provide a more transparent and liquid market for NBDR stock and the Company believes this is a win-win for all of its stakeholders.
About No Borders, Inc.
No Borders, Inc. (OTC:NBDR) is a multifaceted corporation specializing in the acquisition, creation and scaling of commercial and consumer products by utilizing cutting-edge technologies to reduce costs while increasing revenues and shareholder value through technological superiority across its portfolio of assets. The Company’s portfolio of brands includes:
- No Borders Naturals, Inc., a purveyor of health and wellness products for active consumers and their pets. (www.NoBordersNaturals.com)
- No Borders Dental Resources, Inc., a provider of equipment and supplies to medical and dental professionals across the U.S. through the trade name MediDent Supplies (www.MediDentSupplies.com).
- No Borders Labs, Inc., which provides leading-edge tech tools to NBDR internal companies while also offering consulting, architecture and software development services to external businesses looking to update their technology infrastructure for greater efficiency, security and transparency (www.NoBordersLabs.com).
- www.CBDLabChain.com which is a powerful tool to demonstrate in an unbiased and unchangeable way a clear sense of security to consumers of CBD products by recording Certificate Of Authority (COA) on a blockchain technology platform. With a goal to provide consumers with peace of mind, No Borders Labs designed CBD LabChain to record THC, CBD and other lab test data variants with those results easily accessible via QR code linkage as well as a clear Results Guaranteed With Blockchain icon, which can be integrated directly into individual product labels.
No Borders is headquartered in Arizona with resources in the U.S., South America, Asia and Europe. For more information, visit the Company’s website at www.NBDR.co.
ON BEHALF OF THE BOARD OF DIRECTORS,
Chief Executive Officer and Director
18716 E. Old Beau Trail
Queen Creek, AZ 85142
Contact: [email protected]
Source: No Borders Inc. (NBDR)
OTC PINK: NBDR
This press release may include certain statements that are forward-looking in nature and that involve a number of uncertainties and risks. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on No Borders, Inc., current expectations and projections regarding future events, which are based on currently available information. The forward-looking statements in this press release may also include statements relating to No Borders, Inc.’s anticipated new developments, business prospects, financial performance, strategies and similar matters. No Borders, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.