Form 8-K for MCIG, INC.
29-Sep-2016
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
ITEM 1.01 Entry Into a Material Definitive AgreementOn September 25, 2016, the Company entered into a Cancellation/Return to Treasury Agreement with Paul Rosenberg, the Company’s Chairman and CEO, whereby the Company will purchase into Treasury 5,000,000 shares of Series A Preferred Stock in exchange for $500. The Company has elected to retire these shares. The retirement reduces the fully diluted underlying shares of common stock by 9.3%.
ITEM 9.01 Financial Statements and Exhibits.Exhibit No. Description 10.1 Cancellation/Return to Treasury Agreement
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
