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Dakshidin Corporation (DKSC), Appoints Chris Haigh as CEO

LAS VEGAS, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Dakshidin Corporation is pleased to announce that Whitechapel Holdings (WCH), Inc’s current CEO Christopher (Chris) Haigh has assumed the role of Chief Executive Officer (CEO) of Dakshidin Corporation (the Company) and will also join the board of directors.

Christopher Haigh is a recognized leader in the growth sector of electronic transactions and services. Chris brings international leadership expertise in sales, marketing and technology innovation to Dakshidin. As the President and CEO of Kingsmead Group, a consulting services company that specialises in financial services Chris was initially introduced to the cannabis industry about four years ago as a result of the intrinsic finance and banking issues the industry is still plagued with due to ongoing Federal prohibition. He recognized an early stage opportunity to provide a wide range of ancillary skills and services that formerly no one would attach their reputations to because of the stigma involved. After gaining additional understanding and further exposure to the industry he then recognized a potentially huge underserved market for organic health and wellness CBD products that would cater to the senior demographic.

Mr. Haigh commented: “As soon as the company is current* with all of it’s filings, which will result in the removal of the stop sign, we will apply for a name change. I am truly excited for the additional opportunities that a public parent company provides and we will work extremely hard to reward our current and new shareholders alike.”

*Note: The company is in the process of getting current with all filings and will use the newly created Twitter account to inform everyone as steps are completed as well as corporate updates in between news releases.

Additionally, the company is in the process of obtaining director and officer liability insurance which will allow it to bring on to the board individuals that can help increase the profile of the company as it works to implement its business strategy. The company also confirmed once again that it has no plans to alter the share structure (no roll back), but will instead work towards increasing shareholder value.

Whitechapel is working on several marketing and joint venture opportunities and will keep shareholders updated.

About Dakshidin Corporation (DKSC)
DKSC has positioned itself as an innovator in the emerging CBD and cannabis derived products and services industry. The company is driven by three pillars of thought that guide the development of the business:

  1. Cannabis prohibition is approaching its inevitable end,
  2. Cannabis & CBD are conventional products used by a broad spectrum of consumers,
  3. Trusted brands will be the future of the cannabis industry.

Forward-Looking Statements
The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

Dakshidin Corporation Investor Relations

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Martin Parr - Director