Café Serendipity Holdings, Inc. agrees to acquire assets of Infinity, Inc

LAS VEGAS - Feb. 14, 2023 - PRLog -- Café Serendipity Holdings, Inc, an investment and development holding corporation dedicated to the advancement of natural resources in various industries, including hemp, legal cannabis, oil & gas, solar, and alternative energy generation & storage, announced that it has acquired the assets of Infinity, Inc., a legal cannabis market company based out of California, in an all stock purchase. Of particular interest is the benign or malignant forms of mole removal topical cream that is proven to remove such moles without scarring.
Infinity Inc. took the time to develop several proprietary products in addition to acquiring a number of formulations through strategic acquisitions. Café Serendipity sees the opportunity to move forward the use of Infinity's formulations into approvals for general consumer use.
Cautionary Statements Regarding Forward-Looking Statements This release contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "target," similar expressions and variations or negatives of these words. Forward-looking statements by their nature address matters that involve risks and uncertainties, many of which are beyond the control of CAFS, are not guarantees of future results, and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in such statements and, therefore, you should not place undue reliance on any such statements and caution must be exercised in relying on forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risks and uncertainties associated with: the impact of the COVID-19 pandemic on its business, operations, strategy and goals; CAFS ability to execute on its strategy; the timing of the introduction of new product offerings; and the additional risks and uncertainties set forth more fully under the caption "Risk Factors" in CAFS Annual Report on Form 10-K for the year ended July 31, 2022, as filed with the SEC on Oct 2, 2022, and elsewhere in CAFS filings and reports with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of the date hereof, and CAFS undertakes no duty to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.
https://www.infinitybrandsinc.com/