DAVIE, Fla., March 11, 2015 /PRNewswire/ -- Golden Energy Corp (OTC: GOGY) today is pleased to officially announce the strategic transformation of its business from Golden Energy Corp to Golden Grail Technology Corp ("Golden Grail") to capitalize on immediate and future opportunities seen in the explosive B2C eCommerce market, valued at $1.2 trillion worldwide in 2013 by Statistica, and projected to hit $434 billion in the U.S. by 2017, according to eMarketer.
Golden Grail Technology was formed by an integrated network of digital industry experts who not only recognized fast growth seen in domestic and international eCommerce markets, but also identified the interest and demand from companies for a quick, cost-effective, state-of-the-art solution to entering the market and competing successfully with industry giants. Golden Grail experts specialize in identifying areas of business that can be accelerated with technology. Currently, the team is focused on the deployment of their proprietary e-commerce accelerating platform for companies with unique value propositions and/or specialty products operating in mass market consumer sectors.
Michael Brodsky, President of Golden Grail Technology Corp, commented, "Golden Grail's e-commerce focused business - integrating technology, finance and expertise – allows companies to enter digital markets quickly and compete effectively in hot mass market consumer sectors such as jewelry, electronics, retail, gifts and more. With integrated approach and proprietary eCommerce accelerating methodology, companies benefit from a high quality, robust platform at a significantly reduced cost than other providers - resulting in increased sales and profitability."
Recently launched, Golden Grail's new corporate website www.goldengrailtechnology.com provides a revealing overview of the significant opportunity that lies in eCommerce sales within fast growing consumer sectors, and informs on how its proprietary e-commerce accelerating methodology and revenue share business model can benefit both consumer product-focused businesses and investors, alike.
Mr. Brodsky added, "We look forward to releasing more information on our methodology and proof of concept businesses very soon, and to updating the public and our shareholders on our continued progress moving forward."
The Company received approval from the state of Nevada where it registered to officially change its name from 'Golden Energy Corp' to 'Golden Grail Technology Corp' on November 17, 2014 and is now operating under that name in all business areas. FINRA approved the Company's name change on December 31, 2014.
About Golden Grail Technology Corp
Golden Grail Technology Corp (OTC: GOGY) is a technology and software solutions provider to companies with unique value propositions operating in mass market consumer sectors such as jewelry, health and personal care, beauty, electronics, pet and animal supplies, sports and games. Golden Grail's mission is to utilize their network of industry experts who specialize in targeting areas of business that can be accelerated with technology in order to give small companies an opportunity to compete with industry giants. Golden Grail is currently focusing on their e-commerce accelerating platform, which allows companies to enter digital markets quickly, economically and compete effectively with larger brands. eMarketer research projects U.S. e-commerce sales, a market valued at $225 billion in 2012, will grow to $434 billion by 2017, representing a CAGR of 14%. The Company's flexible, revenue-share business model provides quick market entry and diversification with a low overhead – working to minimize risk and maximize investment return.
Golden Grail Technology Corp is headquartered in Davie, Florida. For more information, please visit www.goldengrailtechnology.com and/or sign up for Company news alerts delivered right to your inbox. For industry related news and updates, be sure to follow Golden Grail Technology on Facebook, Twitter, and LinkedIn.
Forward-Looking Statements:
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
Investor Relations
Email: IR@GoldenGrailTechnology.com
Phone: 678-644-0175
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SOURCE Golden Grail Technology Corp