GFD Announces Update on Bluewater Brand Agreement

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GFD Announces Update on Bluewater Brand Agreement

GFD Announces Update on Bluewater Brand Agreement

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)

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