NUGL Inc. (NUGL) Hires Seasoned CFO
LOS ANGELES, July 10, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – NUGL Inc. (OTC:NUGL) (the “Company”), the cannabis industry’s new standard of technology, today announces it has hired Thomas Bouse, CPA, as the new Chief Financial Officer (“CFO”) of NUGL Inc. Bouse will replace Brandon Vargas who has been acting interim CFO. NUGL’s appointment of a highly qualified CFO is strategically tied to the Company’s ongoing financial audit.
“Tom has an extensive background with corporate taxes. He also understands how to manage a company’s tax flow in rapid growth modes,” said Brandon Vargas, CEO of NUGL.
Tom Bouse is the founder and owner of Pacific Rim Tax and Accounting, headquartered in Huntington Beach, California. His expertise in tax services, accounting, consulting and financial planning, along with two decades of dedicated service to owners and entrepreneurs of all sizes of business, is unparalleled. He began his career at a full-service CPA firm specializing in taxation, IRS audits, tax settlement, business filings and tax returns.
A move to PriceWaterhouseCoopers, the second largest professional services firm in the world and one of the Big Four auditors, allowed Tom to apply his knowledge to medium and large businesses. While there, he developed a broader understanding of complex corporate issues and how to identify opportunities across various industries.
In 2005, Tom purchased and managed a large bookkeeping, tax preparation and payroll practice in north San Diego County, California, specializing in tax planning, tax settlement, tax compliance and start-up consulting. His new, full service boutique – Pacific Rim Tax and Accounting – provides business consulting services and caters to all aspects of tax and accounting related matters, ultimately freeing clients up to focus on successful strategies for corporate and personal growth.
“As NUGL grows sales and expands the software platform, it is equally important to grow our infrastructure and prepare for the next step in growth for the company,” said Jeff Odle, CTO.
NUGL’s marijuana-focused search engine and online directory is a software application with metasearch technology that functions like an app on any device. It serves as both a networking platform for companies in the cannabis industry and as a directory that enables users to search profiles. The database includes listings for dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands.
NUGL continues to improve with the launch of weekly features for the software. Users of the NUGL platform can now set up services, brands and shops under their profiles. This new feature enables users to link all of their companies under a single profile. New users are signing up daily for the Apple and Android apps, now available in Google Play and the iTunes Store. NUGL’s niche in the market will ultimately be focused on brands and services within the 420 industry that have not been represented on the internet until now.
NUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more.
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Certain statements in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: “plans”, “anticipates,” “expects,” “believes” or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company’s business plan and filings with the OTC Markets Group.
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