New York, NY, December 12, 2017 --(PR.com
)-- Veyo Partners is pleased to announce it acted as the exclusive financial advisor to Bigfoot Project Investments Inc. (OTC PINK: BGFT) (“Bigfoot Project Investments”), a media and entertainment company that creates, produces and distributes quality content about the creature known as Bigfoot, in its agreement to acquire East Glacier Park Enterprises LLC (“East Glacier Park Enterprises”) for $6.0 million in the form of Series A Convertible Preferred Stock.
East Glacier Park Enterprises owns and operates twelve parcels of land and the following business properties located in or around East Glacier, Montana: (1) Dancing Bears Inn & Suites located at 40 Montana Ave, East Glacier Park, MT 59434; (2) Going-To-The-Sun Inn and Suites located at 121 Central Ave, Browning, MT 59417; (3) East Glacier Motel located at 1107 MT-49, East Glacier MT 59434; (4) a bait and tackle shop; (5) a two bedroom, one bathroom rental house; (6) a six-unit apartment building; (7) Alpenglow Restaurant located at 302 Edkins Street, East Glacier Park, MT 59434; (8) a Souvenir and Ice Cream Shop; and (9) vacant lots commercially zoned for an additional five units.
The acquisition of East Glacier Park Enterprises will allow Bigfoot Project Investments to continue to develop the area to attract tourists year-round. Bigfoot Project Investments also intends to build a large-scale hotel that will include the largest Bigfoot museum in the world, a live theater, conference center, retail store, restaurant and lounge. The live theater will be a showcase for local and touring shows, and will prominently feature the “2 Kings Show” which has toured successfully in Las Vegas, Reno, Lake Tahoe and other prominent locations. The museum will exhibit Bigfoot footprint casts, hair samples, DNA reports, as well as other artifacts collected over the last 50 years in the documented searches and investigations for Bigfoot. Additionally, the Company plans to use East Glacier Park as base for expeditions that will allow adventurous souls to join the renowned “Searching For Bigfoot Team” on professionally-guided excursions into the mountains to collect further evidence of the creature. The mountain range where East Glacier is located has been identified by Tom Biscardi, also known as the “Godfather of Bigfoot hunters,” as a significant migration route for the mythical creatures that he calls a “Bigfoot byway.”
Tom Biscardi, Chief Executive Officer of Bigfoot Project Investments stated, “The acquisition of East Glacier Park Enterprises is another big step in our pursuit of the truth. The Museum’s primary purpose is to educate the public about what has been discovered about the creature, its habits, and its patterns. It is my life’s ambition to prove to the world that this creature exists, and this acquisition will expand our capabilities to research and document these magnificent creatures.”
About Bigfoot Project Investments
Bigfoot Project Investments (OTC PINK: BGFT) engages in the development, production, and distribution of documentary and fictional films about a creature known as Bigfoot. Bigfoot Project Investments continues to collect artifacts and evidence with its expedition team that is in the field approximately 9 months out of the year. They also present new stories of encounters on the weekly radio show podcast. New merchandise such as t-shirts, hats, coffee mugs and other items can be purchased through the website. Bigfoot Project Investments was founded in 2011 and is headquartered in Redwood City, California. For more information visit www.searchingforbigfoot.com.
About Veyo Partners
Veyo Partners is a merchant banking and business advisory firm with offices in New York, Los Angeles and Salt Lake City. The Veyo management team brings decades of global investment, transaction, management and business advisory experience.
We have a specific focus on companies with aggressive growth strategies that have the potential to be leading companies in their respective industries. Addtitionally, we target small public companies with market capitalizations under $500 million, and private companies planning to become public. We advise on key challenges and opportunities across all business segments including operations, sales & marketing, corporate strategy, corporate finance, investor relations, fundraising, mergers & acquisitions and business divestitures. For more information on Veyo Partners, visit www.veyopartners.com.