WOODLAND HILLS, Calif.--(BUSINESS WIRE)--CrowdGather, Inc. (OTCQB:CRWG) today announced that Todd Winter, Managing Partner, WINTER LLP, will serve as a member of CrowdGather’s advisory board complementing the backgrounds of existing advisory board members from the technology sector with his deep expertise and extensive network of contacts in the cannabis business sector.
“We are honored to have Todd join our team as we seek to attract the best cannabis investors and startups to participate on CrowdGather’s crowdfunding platform which we are designing in the hopes of launching next year,” said Sanjay Sabnani, Chairman and CEO of CrowdGather, Inc. “With Todd’s help, we will work towards meeting the needs of this rapidly growing yet highly complex ecosystem of companies, investors, and regulators to the best and most profitable outcomes within our capabilities. We are excited by the opportunity and gratified by Todd’s vote of confidence in accepting this appointment.”
Mr. Winter began representing companies involved in the medical cannabis industry in 2008 shortly after the Attorney General Guidelines in California were released. He has a vast amount of experience in every facet of the industry, from indoor and outdoor cultivation, dispensaries, technology companies, testing labs and edible companies, including two of the largest edible companies in the world. Considered one of the foremost experts in corporate structures, transactional documents, and intellectual property and licensing for the cannabis industry, Mr. Winter advises clients throughout the western states on all aspects of cannabusiness, legal issues and real estate matters. Todd is a founding and sustaining member of the National Cannabis Industry Association (NCIA), and was one of its first board members.
“CrowdGather’s strategy addresses two unmet needs for cannabis startups: access to reliable sources of capital and digital marketing strategies with global reach,” said Todd Winter, Managing Partner, WINTER LLP. “First, crowdfunding tackles the hugely inefficient process of matching transparent sources of capital with timely funding opportunities; a process further complicated by limited access to banking, regulatory issues, and the legal and jurisdictional complexities prevalent in cannabis business and formative transactions. If properly executed, crowdfunding can be a big help. Next, traditional media companies are not yet ready to work with the vendors and merchants in this burgeoning new economy; there is a huge opportunity for smart and aggressive consolidation here.”
Prior to founding WINTER LLP, Mr. Winter served as General Counsel to Kittrich Corporation for seven years at its worldwide headquarters in Southern California. Kittrich is a multi-national privately held consumer-products company with offices located throughout the U.S., Canada, China and Hong Kong and has over 500 employees.
Todd earned his B.A. in Economics, with Minors in Japanese and Marketing from the University of Iowa in 1993. Shortly thereafter he started his first career in the high-tech software industry. During the mid-90s, he worked for two international (Israel and UK) software companies until he ultimately landed in California where he worked as the Western Regional Manager N.A. for a Belgian software and hardware manufacturer in the packaging industry.
Mr. Winter earned his J.D. from Chapman School of Law in December 2003, where he focused on business and international law, receiving certificates in 2002 from the University of San Diego School of Law for his studies in Barcelona, Spain on International and Comparative Law; and in 2003 from the University of Santa Clara School of Law for his studies in Tokyo, Japan on International Intellectual Property Law. Also in 2003, Mr. Winter worked for a Vietnamese law firm, VILAF – Hong Duc, in Ho Chi Minh City, Vietnam, where he focused on foreign business investment in Vietnam. Upon his return to California, he clerked for the Honorable James J. Di Cesare, an Orange County Superior Court Judge.
Todd also owns and operates WINTER REALTY, INC., a full service commercial and residential real estate company assisting clients with high-end complex transactions throughout California.
About CrowdGather, Inc.
CrowdGather, Inc. is an investor, acquirer, operator and owner of digital assets in the consumer and cannabis sectors. In 2016, CrowdGather intends to launch a crowdfunding portal at CrowdGather to assist cannabis and digital startups in procuring financing. The Company’s online publishing network is anchored by DIY community builder, Yuku while its cannabis holdings include long standing online communities WeedTracker and RapMusic.
CrowdGather subsidiary, Plaor, a company that specializes in developing highly scalable multi-platform games, is located in Boston's Innovation District. Plaor produces Mega Fame Casino, an innovative and highly rated social casino available on iOS, Android & desktop. With over 20 employees, the Plaor team is a mix of newcomers and game development veterans from companies including Rockstar Games, Turbine, Harmonix, Irrational Games, Nanigans, Sony Online Entertainment, ThoughtWorks, THQ, and Caesars Interactive Entertainment.
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,”“will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; general economic, industry and market sector conditions; the ability to generate increased revenues from the Company’s forums and Plaor’s social casino; the ability to obtain additional financing; the ability to manage the Company's growth; the ability to develop and market new technologies to respond to rapid technological changes; competitive factors in the market(s) in which the Company operates; and other events, factors and risks disclosed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.