Verity Corp Announces Engagement Of Maxim Group LLC
SIOUX FALLS, S.D., April 22, 2013 /PRNewswire/ -- Verity Corp (OTCQB:AQLVD), a vertically integrated sustainable agriculture company incorporating organic production technologies and non-GMO standards for the efficient production of healthy food, announced today that it has retained Maxim Group LLC, a leading premier investment banking, securities and investment management firm, to provide strategic corporate finance and investment banking services. Maxim will focus on assisting Verity in its strategies for maximizing shareholder value through its full scope of investment banking services.
Duane Spader, CEO of Verity Corp, said, "We are extremely excited to engage our new strategic partner, Maxim Group, with helping us to do what they do best-- assisting and advising public companies in building not only a company's financials but also increasing our exposure in the investment community. We, at Verity, can in turn continue to concentrate on what we do best. And that is assisting our growing base of farming community/customers in implementing the necessary processes to grow healthy food for the growing consumer demand."
Spader added, "After meeting and doing our due diligence with several investment bankers over the past several months, we chose Maxim Group for their expertise and experience in providing the strategic advisory services we require to grow our business organically and through acquisitions. The sustainable agriculture market is clearly primed for companies such as Verity to aggressively expand its distribution footprint, invest in more marketing and capitalize on stronger organization through acquisitions that have the potential to be accretive to our top line and bottom line."Maxim representatives commented, "We are delighted to partner with Verity Corp in the financial and value creation components of its corporate strategy through our full-service investment banking capabilities. We are looking forward to working with Verity Corp with strategic planning, developing strategic partnerships, advising on potential acquisitions and introducing the company to the investment community."
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