General Finance and Development, Inc. (OTC Markets: GFDV) posted today the 2017 3rd Quarter Shareholders Report.
Highlights for the quarter include:
- GFD finished the 3rd quarter with a net profit of $65,124.
- The company is moving forward with plans to list on the OTCQB venture platform during the 1st quarter of 2018.
- The company is continuing to develop its subsidiary companies and seeking new investment and merger-acquisition opportunities.
- The complete 2017 3rd Quarter Shareholders Report is available by visiting the company website genfd.com
MINNEAPOLIS, MN, August 22, 2017 – General Finance and Development, Inc. (OTC Markets: GFDV) announced today that B & B Image Group will not be joining General Finance and Development (GFD) as a portfolio company as outlined in the Letter of Intent Agreement executed in May of this year.
Both companies have determined that it is in the best interest to continue working together under a partnership agreement between B & B Image Group and GFD subsidiary, Art Force. (Read entire news release)
MINNEAPOLIS, MN, August 21, 2017 – General Finance and Development, Inc. (OTC Markets: GFDV) announced today that Bluewater Brand will not be joining General Finance and Development (GFD) as a portfolio company as outlined in the Letter of Intent Agreement executed in May of this year.
GFD and Bluewater Brand have determined that it is in the best interests for both companies to pursue their respective business objectives independently and potentially revisit the possibility of Bluewater joining GFD at a future date. (Read entire news release)
16 Jun 2017
MINNEAPOLIS, MN, JUNE 15, 2017 – General Finance and Development, Inc. (OTC Markets: GFDV) announced today that Minneapolis based Bluewater Brand has executed a Letter of Intent agreement to join General Finance and Development as a wholly owned subsidiary.
Bluewater Brand is the assumed name operating under Bluewater Direct, Inc. as a franchise marketing agency who enables leading national brands and their franchisees to execute multi-channel campaigns with ease. Their powerful local marketing solutions help franchises create personalized, integrated marketing campaigns for their locations through traditional and digital marketing.
Both companies are located in the Minneapolis metropolitan area. [Read Entire Release]
MINNEAPOLIS, MN, JUNE 13, 2017 – General Finance and Development, Inc. (OTC Markets: GFDV) announced today that wholly owned subsidiary Art Force, has launched a new Fine Art Subscription Program.
“Fine art for $1 per day” is the new tagline for Art Force’s SmartArt Subscription Program.
After realizing that many of the organizations Art Force wanted to work with felt that fine art was a bit steep for their budget, and they wanted to find a way to make it affordable.
They also noticed that there was so much emerging talent in the Minneapolis-Saint Paul area and they wanted to find a way to help distribute their work. The program was created to help solve these two problems.
The clients pay a small monthly fee in order to lead up to actually owning the pieces selected from the online showcase. There are 3 options for how much the payment is depending on the artwork category selected. Starting at $33 per month, or a dollar a day, Art Force found a way to make local artwork as affordable as possible and flexible for any budget. The categories include framed fine art prints, original fine art and a high end category. [Read More]
June 5, 2017 – General Finance and Development, Inc. (OTC Markets: GFDV) announced today that a division of Art Force, SmartArt Program, will occupy space in the GFD Creative Business Center in NE Minneapolis. Art Force is a wholly owned subsidiary of General Finance and Development that is headquartered in the same building as the GFD Creative Business Center.
SmartArt Program is expanding its subscription program that will allow for the purchase of framed fine art prints and original fine art starting at $1 per day with theoption of exchanges for new art periodically. Subscribers will have the option to pay as they go to own the art or exchange any pieces for a new look.
The initial launch in mid-June will include a promotional offer for the “1st Piece Free” with a new subscription. Subscribers will have the option of selecting a framed fine art print from any of 3 featured Minneapolis St. Paul area local artists. (Read more)
02 May 2017
May 2, 2017 – General Finance and Development, Inc. (OTC Markets: GFDV) announced today that Minneapolis based B & B Image Group has executed a Letter of Intent agreement to join General Finance and Development as a wholly owned subsidiary.
B & B Image Group, originally formed in 1935, will be a compliment to another GFD subsidiary, Art Force, providing a full range of printing services, signage, and custom display and design services to all size businesses. Art Force provides a full range of artwork services and visual solutions to many of the same vertical markets as B & B Image Group.
Both companies are located in the Northeast Minneapolis Arts District approximately one mile from each other.
“We are excited to become part of GFD and the opportunity to leverage the resources GFD provides along with executing on the synergies between B & B Image Group and Art Force” stated Jay Ostrander, President of B & B Image Group.
The transaction is expected to be finalized before the end of July of this year.
More information will be forthcoming in the coming weeks.
About General Finance and Development:
General Finance and Development, Inc. provides capital and business development services to small and medium size companies. Capital is provided to qualified companies by equity and/or strategic loan agreements. Business development services include business planning, organization and management development. GFD also pursues merger/acquisitions and joint venture projects.
The foregoing material may contain forward-looking statements. We caution that such statements may be subject to uncertainties and that actual results could differ materially from the fore-going statements. Readers accordingly should not place undue reliance on these forward-looking statements which do not reflect anticipated or unanticipated events or circumstances occurring after the date of these forward-looking statements. More information regarding General Finance and Development including financial statements and reports is available at the company’s website www.genfd.com and www.otcmarkets.com.
The Business Of Art
Written by Kurt Theriault
Wander into a downtown skyscraper, trendy hotel or corporate campus and take a gander. You will notice paintings and images of all sizes, sculptures, abstracts and even murals. You will notice them on the walls and in the middle of halls. You will spot artwork on the ceilings and floors, even hanging from cables. Have you ever wondered where it all comes from? (Read full article in C-Level Magazine)
March 27, 2017 – General Finance and Development is offering space in a new Creative Business Center – NE Minneapolis in the historic Van Buren Building.
The Creative Business Center is 3,000 sq. ft. of office space with 15 workstations, file cabinets, conference rooms, WIFI and other optional business services including venture financing based on qualification.
Availability is for 1 or 2 companies. The office space is fully furnished and ready for immediate occupancy. Link to more information
12 Mar 2017
March 12, 2017 – General Finance and Development, Inc. (OTC Markets: GFDV) announced today new initiatives for 2017.
The company is continuing to seek merger-acquisition opportunities and will be more active during 2017. During the 1st quarter of 2017 GFD will continue to purchase shares of its common stock in public and private transactions. Read news release containing more information.