Outdoorsmen News and Press Release Updates

Outdoorsmen.com Parent Company Acquires Glenwood Springs Colorado Development, Greenlighting the Joint Venture Project

Glenwood Springs Colorado

LAS VEGAS, NV, December 24, 2024 – Outdoorsmen.com announced today that its parent company, Complete Financial Solutions, Inc., has completed the acquisition of the Glenwood Springs Colorado Outdoor Recreation and Residential Housing Project that was proposed earlier this year.

A Non-Binding Letter of Intent (LOI) was executed this past Summer to acquire the outdoor recreation land and housing development project in the mountain town of Glenwood Springs Colorado. The project was the second announced in a line of Outdoorsmen commercial and residential projects that will include a combination of outdoor recreation amenities along with much needed housing in the mountain town. Located halfway between the town of Parachute Colorado and Aspen Colorado, the Outdoorsmen project is just sixty miles west of Vail, Colorado on Interstate 70, when exiting the majestic Glenwood Canyon.

The project overlooks the beautiful Glenwood Springs resort city in Colorado, that is known for its hot springs. It sits in the rugged Rocky Mountains, surrounded by the vast White River National Forest. Glenwood Canyon is rich with wildlife and features Hanging Lake, with its striking turquoise waters. The Outdoorsmen project will overlook the famous Glenwood Springs Resort, home to the world's largest hot springs pool and 107-room Lodge.

"This acquisition will add great value to our portfolio of companies, while provide an amazing outdoor recreation destination for travelers throughout Colorado." said CEO of Complete Financial Solutions, Abe Arnous.

About Outdoorsmen.com

Outdoorsmen.com is a holding company operating in the sporting goods industry, devoted to supporting the hundreds of millions of consumers and business operators that contribute to an annual gross economic output of $1.1 trillion from the U.S. outdoor economy. The Bureau of Economic Analysis (BEA) calculates the economic output of outdoor recreation to be $1.1 trillion, surpassing industries such as mining, utilities, farming and ranching, and chemical products manufacturing according to their updated national statistics and state-level data on the outdoor recreation economy that recognizes the critical role the industry plays in supporting economic growth in the United States.

Safe Harbor & Disclaimer

This information also contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified using the words "could", "believe", "anticipate", "intend", "estimate", "expect", "may", "continue", "predict", "potential", "possible," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this presentation. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations, and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations, or intentions will be achieved.

Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Risks include but are not limited to general risks associated with partnerships, client cash flow, lack of sufficient capital, changes in industry related laws; possible impairment of assets, stock market conditions and liquidity in our traded stock. No information in this press release should be construed as any indication whatsoever of our current or future financial results, revenues, or stock price.

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