Appointment and Resignation of Directors
On July 10, 2013, Jason Sparaga was appointed as a Director of the Company. Mr. Sparaga is the President of Spara Capital Partners Inc., founded in 2001, a provider of customized investment and merchant banking solutions to owners of private businesses in matters relating to liquidity, growth or transition, which Mr. Sparaga. Mr. Sparaga has specific expertise in raising capital, the succession or sale of privately owned businesses, management buy-outs, and turnarounds. He is the founder and former Managing Director of TL Corporate Finance Inc. and has held positions with PriceWaterhouseCoopers LLP and BDO Dunwoody LLP.
On August 15, 2013, Thomas D. Lamb resigned as a Director of the Company in order to pursue other business interests. The Company wishes to express their thanks to Mr. Lamb for his work with the Board of Directors over the years and in particular with his efforts as a founding participant of the Company.
About Digital Shelf Space Corp.
Digital Shelf Space is an independent creator, producer and distributor of home entertainment content targeted at the fitness and sports instruction market. Digital Shelf Space's overall content partnership strategy is to align itself with world-class, global brand partners. For more information please visit www.digitalshelfspace.com and to view the Company's products please visit www.gsprushfit.com and www.touracademydvds.com.
ON BEHALF OF THE BOARD
"Jeffrey Sharpe", President & CEO
Forward Looking Statements
This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release include statements about the direct sales of GSP RUSHFIT and the growth and revenue potential of GSP RUSHFIT; the ability of the Company to generate sales of GSP RUSHFIT and TA Home Edition, sign additional content deals, raise additional capital from investors to fund marketing, distribution, content production and operations; the ability of the Company to form and maintain strategic partnerships to achieve market exposure necessary to achieve sales volume required to be profitable; increased adverting funds needed to achieve revenues necessary to allow the Company to become cash flow positive; the development of marketing strategies for GSP RUSHFIT consistent with the distribution agreement signed with Gaiam; the production of a long form DRTV infomercial for the North American market; the development of a marketing strategy for TA Home Edition to maximize the brand recognition of the PGA® endorsement and the TOURAcademy partnership; dedicating the capital required to achieve exposure necessary to establish the TA Home Edition as a premium product in the golf accessory market; the launch of a new direct-to-home DVD series or product line featuring a celebrity, athlete or global brand; the ability of the Company to continue as a going concern; revenue growth for 2013; the Company's outlook of planned activities; current strategies and ongoing adjustments to these strategies providing the potential for revenue opportunities; future revenue growth; plans for increased retail distribution and international expansion through the Gaiam, Inc. distribution agreement; the Company's strategy, future operations, prospects and plans of management; the Company's expectations with respect to existing and future agreements with third parties; estimates of the length of time the Company's business will be funded by anticipated financial resources; and anticipated results and benefits of consumer use of celebrity fitness products.
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