Talking with New to The Street’s TV Host Jane King from the New York Stock Exchange Studio, Scott Cox, Chief Executive Officer at Verde Bio Holdings, Inc., explains the acquisition business and managing mineral assets. Verde Bio Holdings, Inc. has royalty and other mineral assets throughout the most significant oil/gas basins in the United States. What is unique about VBHI’s business model is that they focus on smaller valued assets that larger companies view as incompatible with their business operations. Scott and his team do the most direct marketing, calling a prospective mineral owner to seek potential acquisitions. Comprehensive marketing to potential investors and property owners is a key to immediate and long-term success. VBHI closed on 18 acquisitions, has 400 interests in wells, and new and pending wells are coming online. With high natural gas and oil prices, VBHI’s revenues are growing. But high commodity prices also cause higher acquisition costs. The Company looks forward to up-listing its stock onto a U.S. national exchange and creating accretive long-term value for its shareholders. Management’s short-term and long-term goals are to continue to acquire good projects with solid revenue output projects. The on-screen QR code is available during the show; download or visit Verde Bio Holdings, Inc.
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