MVP Announces Company Strategy to Partner With Universities and Inventors

MVP Announces Company Strategy to Partner With Universities and Inventors 
JACKSONVILLE, FL -- (Marketwired) -- 07/14/14 --  California Gold
Corp. (PINKSHEETS: CLGL) DBA MV Portfolios, Inc. ("MVP"), a
Jacksonville based intellectual property (IP) development and
licensing company, today announced its strategy to partner with U.S.
and international universities, and certain inventors, in funding
development and commercialization of carefully selected patent
portfolios. At the same time, MVP will offer its partners licenses on
selected patents that the Company owns.  
MVP is now evaluating university IP that relates to smartphone, smart
object, field device and location based technologies for global
commercialization and development. The Company is leveraging its
expertise in information systems to package, bundle and enhance the
innovation and facilitate its entry into the market.  
William Meadow, Founder and CEO of MVP stated, "Professors and their
grad students are creating thousands of innovations across the globe
-- where people live, work and play. We will apply a foundation of
field innovation methods, practices and technologies to enable
selected inventions to be productized and deployed via large
distribution channel(s). We look forward to updating our shareholders
as we implement our strategic initiatives."  
About California Gold Corp.:  
On February 7, 2014, California Gold Corp. completed a securities
exchange pursuant to which the members of MVP Portfolio, LLC, a
Florida limited liability company n/k/a Visual Real Estate, Inc. a
Florida corporation ("MVP"), exchanged 100% of the membership
interests in MVP for 9,385,000 to-be-issued, post-1 for 100 reverse
split shares of common stock, $0.001 par value per share, of the
Company. As a result of the securities exchange, the Company will
continue the existing business operations of MVP. With the
acquisition of MVP, the Company will be expanding its business focus
on patent licensing and commercialization.  
Safe Harbor Statement: 
This press release contains certain forward-looking statements that
are based upon current expectations and involve certain risks and
uncertainties within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Words or expressions such as
"anticipate," "plan," "will," "intend," "believe" or "expect'" or
variations of such words and similar expressions are intended to
identify such forward-looking statements. These forward-looking
statements are not guarantees of future performance and are subject
to risks, uncertainties, and other factors, some of which are beyond
our control and difficult to predict and could cause actual results
to differ materially from those expressed or forecasted in the
forward-looking statements, including, without limitation, statements
made with respect to expectations with respect to our lack of
profitable operating history, changes in our business, potential need
for additional capital, fluctuations in demand; changes to economic
growth in the U.S. economy; and government policies and regulations,
including, but not limited to those affecting the Internet and our
patents, all as set forth in our Annual Report on Form 10-K and most
recent Form 10-Q. All forward-looking statements involve significant
risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements, many of
which are generally outside the control of California Gold Corp. and
are difficult to predict. California Gold Corp. undertakes no
obligation to publicly update any forward-looking statements, whether
as a result of new information, future events or otherwise.  
Contact Information:
Company Contact
Shea Ralph
Chief Financial Officer
PH: (904) 586-8673
Investor Relations:
Valter Pinto
Capital Markets Group, LLC
PH: (914) 669-0222 
(212) 398-3486
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