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General Finance and Development, Inc. (OTC Markets: GFDV) announced today that wholly owned subsidiary High Impact Sports has added its first sports club to the organization.

The transaction was completed today as an asset purchase from another business entity owner.

High Impact Sports brings sports clubs and other sports related businesses into the organization that benefit from Centralized Functions, Buying Power and Economies of Scale.

Minnesota Irish Fastpitch was originally founded in 1998. Today the Minnesota Irish is the oldest and most decorated fastpitch softball club in the history of Minnesota and the upper Midwest. The Irish are one of the most accomplished fastpitch softball clubs in the nation. In their over 20 years of operations, their teams have won more State and National Championships than any other fastpitch club in Minnesota, additionally, No club has placed more players in college Fastpitch programs, at all levels, than the Irish.

Initially, the Irish will have 9 teams and 130 players in the club.

More information is available by visiting genfd.com  or highimpactsports.org

General Finance and Development, Inc. (OTC Markets: GFDV) posted today the 2017 Annual Report.

Highlights include:

  • GFD finished the 4th quarter with a net profit and narrowed the year-end loss to $91,780.
  • The company has completed the requirements to be Current Reporting on the Pink Platform and is eligible to apply to be listed on the OTCQB Venture platform.
  • The company is continuing to develop its subsidiary companies and formed High Impact Sports in February of this year to bring sports clubs and other sports related businesses into the organization that benefit from Centralized Functions, Buying Power and Economies of Scale.
  • The complete 2017 Annual Report is available by visiting the company website genfd.com

 

MINNEAPOLIS, MN, March 12, 2018 – General Finance and Development, Inc. (OTC Markets: GFDV) announced today that it completed a name change with wholly owned subsidiary HeartFit System, LLC. The new name is High Impact Sports, LLC.

The business model has been expanded to include bringing sports clubs and other sports related businesses into the organization through merger -acquisitions that benefit from centralized operations, buying power and economies of scale.

More information will be forthcoming within the next several weeks. [The complete news release]


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