Umbra Companies, Inc. Announces Acquisition of The Dreaming Company, LLC
Tampa, Florida--(Newsfile Corp. - November 3, 2020) - Umbra Companies, Inc. (OTC Pink: UCIX) announced today that it has initiated the acquisition of the Nevada based company The Dreaming Company, LLC.
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Chief Executive Officer, Alex Umbra commented, "DreamCo embodies much of what we believe here at UCI, by bringing a value-add to the lives of others. I am very excited and honored that Chris and his team chose to join the Umbra family and am very much looking forward to supporting their growth initiatives."
The Dreaming Company, headquartered in Nevada began as a lifestyle company supporting and encouraging a better quality of life. The TDC business model has always been life-quality centric and in support of healthier living but has recently begun its evolution into an organization that both partners and invests in other companies with symbiotic interests. TDC is currently working in cooperation with Umbra Applied Technologies under a licensing agreement for their Hygieia brand.
TDC CEO, Chris McMullen shared, "When I first began this journey 25 years ago, I could not begin to imagine the impact this would have on my life and the lives of others. Today marks a milestone for the company in that through this merger with Umbra Companies we have begun exponentially expanding our footprint and capabilities. My team and I are very excited about what the future holds."
For more information about The Dreaming Company go here: https://sleepwelldreambetter.com/
For more information about Hygieia Skin go here: https://hygieiaskin.com/
About Umbra Companies, Inc.:
The firm is located in Tampa Florida and focuses on advanced technologies across many disciplines. UCI is an investment holding company that invests in both public and private companies during the early stages of development as well as growth stages of companies with a synergistic business model to UCI subsidiaries.
For more information visit www.umbracompanies.com
NEITHER THE SECURITIES EXCHANGE COMMISSION NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and a secondary listing on the OTC as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of Umbra Applied Technologies including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Risks and uncertainties about Umbra Applied Technologies business are more fully discussed in the company's disclosure materials, including its MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Umbra Applied Technologies does not assume the obligation to update any forward-looking statement, except as required by applicable law.
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