#Technology
& #CBD: GDET (OTC: $GDET) Redesign and Relaunch of its Dream Card
Enterprise; @GDEntertainmen4
FORT LEE NJ, June 10, 2020– (Investorideas.com Newswire )
Breaking Entertainment & Technology CBD Stock News - GD Entertainment and Technology (OTC: GDET)
(“GDET” or the “Company”) is excited to announce the redesign and relaunch of its
Dream Card enterprise (gdet.co/dream-card), which specializes in fully customizable, premium quality
payment cards.
Read this news featuring GDET in full at https://www.investorideas.com/news/2020/cannabis/06101GDET-DreamCard.asp
The redesign and relaunch strategy
is geared toward capitalizing on the unmet demand and strong growth opportunity
of the prepaid gift card marketplace, which was valued over $1.84 billion in
2019 and is estimated to grow to a total size exceeding $5.5 billion by 2027 at
a CAGR of nearly 15%, according to Allied Market Research.
Management notes that the Company
plans to differentiate itself in the prepaid gift card market by leveraging its
existing Dream Card infrastructure that will create a greater “user friendly”
experience. This will allow for personalization of prepaid cards, including a
metal card and imagery, to offer end users a highly personal touch currently
unavailable in the marketplace. Customers will be able to create cards with
logos for clubs, their choice of celebrities, BF’s, GF’s, pets or specialty
themes. The Company can apply this touch to the already existing core model of
upgrading Credit cards to this design as well.
Anil Idnani, CEO of GDET,
commented, “We continue to strategize with streamlining and efficiency as our
top priority – seeking to maximize growth in only those areas that represent a
truly powerful ROI opportunity. Dream Card fits that model. That said, the
division needed an overhaul since we acquired the business. We are extremely
excited about the changes being put in place, and we are targeting full
revamped launch by the end of this month.”
About GDET
GD
Entertainment & Technology, also known as GDET, focuses on high growth
industries to fulfill a diverse selection of premium products nationwide. The
company is now primarily focused on building the #1 online source for
high-quality CBD-based products at TheGreeneryCo.com https://www.thegreeneryco.com/
Safe
Harbor Provision Cautionary statement for purposes of the "Safe
Harbor" provisions of the Private Securities Litigation Reform Act of
1995: Information in this news release contains forward-looking statements that
involve risks, uncertainties and assumptions. If such risks or uncertainties
materialize or such assumptions prove incorrect, the results of the Company and
its consolidated subsidiaries could differ materially from those expressed or
implied by such forward-looking statements and assumptions. All statements
other than statements of historical fact are statements that could be deemed
forward-looking statements. Risks, uncertainties and assumptions include the
execution and performance of contracts by the Company and its customers,
suppliers and partners. Please also review GD Entertainment and Technology
annual and quarterly financials for a more complete discussion of risk factors.
The Company disclaims any obligation to update or revise statements contained
in this news release based on new information or otherwise. This communication
shall not constitute an offer to sell or the solicitation of an offer to buy
securities nor shall there be any sale of these securities in any state in
which such solicitation or sale would be unlawful prior to registration or
qualification of these securities under the laws of any such state.
Contact:
732-851-3756
anil@gdet.co
www.gdet.co
1 Bridge
Plaza
2nd
Floor
Fort
Lee, NJ 07024
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