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4Cable TV International, Inc. Announces that it is Exploring the Forward Acquisition of a Medical Marijuana & Hemp Company

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PORT ST. LUCIE, Fla., Oct. 19, 2020 /PRNewswire/ -- Jeff Wildermuth, CEO of 4Cable TV International, Inc. (OTC PINK: CATV) announced today that the Company is exploring a forward acquisition of a Medical Marijuana and Hemp Company. The Company is considering two different CBD companies and expects to make its final decision in the upcoming weeks.

The Company sees this kind of acquisition as creating excitement for its stockholders and creating much needed earnings on the financial statements. CEO Jeff Wildermuth states, "Our goal is to become a business development company, where we look to acquire CBD, Medical Marijuana, Hemp and possibly Green Energy based companies that can add value on a collective basis to the consolidated financial statements of the company."

The company will release more news and updates in the coming days and weeks regarding its expected upcoming acquisitions.

FORWARD-LOOKING INFORMATION

Safe Harbor Statement:

This release may include "forward looking statements" within the meaning of Section 27 A of the Securities Act 1933 as amended, and Section 21 E and/or 27 E of the Securities Exchange Act of 1934, that are based on assumptions that in the future are inherently uncertain, may prove not to be accurate, and are subject to significant risks and uncertainties. These include, but are not limited to statements as to the future performance of the company, its ability to raise necessary financing, and other general economic risks and uncertainties.

Copyright © 2020 OTC Markets. All Rights Reserved.

The above news release has been provided by the above company.

Contact: Jeff Wildermuth, CEO 4Cable TV International, Inc., +1 (772) 206-0353, catvbiz@icloud.com

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SOURCE 4Cable TV International, Inc.

4CABLE TV INTL INC

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About CATV

4cable tv inc. is a south carolina based company providing signal distribution equipment to the cable tv industry throughout the united states and europe. 4cable tv inc. has developed innovative and proprietary circuitry that allows a low current 1 ghz catv amplifier to be constructed with up to a dramatic 75% decrease in current power requirements, while maintaining essentially the same operational specifications. the company began shipping powermiser modules in september 2007 and the devices are operating flawlessly in the field. these units are based on the company’s original design (powermiser 1). recently the company has completed engineering work which results in an additional 50% reduction in power requirements beyond powermiser 1, bringing the total reduction to 75% as compared to competitive product offerings.