FutureWorld (FWDG) Delivers Dividend on Subsidiary FutureLand
FutureLand Corp to Begin Trading ShortlySaint Petersburg, FL, April 14, 2015 (GLOBE NEWSWIRE) — FutureWorld Corp. (FWDG), a leading provider of advancedtechnologies and solutions to the global cannabis industry,announced today that its Board of Directors has approved the”record date” and “dividend rate” of the stock of FutureLand Corpto its shareholders. The record date for determining the holders ofFutureWorld’s (FWDG) common stock who will receive the dividendshares of FutureLand Corp is set on April 17th, 2015. The dividendrate will be one (1) share of FutureLand Corp for every threehundred (300) shares of FutureWorld Corp. The actual “distributiondate” of the dividend will be announced when FutureLand getsclearance from FINRA to start trading under a new ticker symbol,post split.
Since the actual dividend spinoff shares needs to be registeredwith SEC to become free trading, and since the process may takesome time, we have decided to issue the (restricted) dividendshares and have them deposited into the shareholders account untilsuch time the Company gets clearance from SEC and FINRA. And atsuch time, the (restricted) shares in the shareholders account willbecome free trading hence tradable. Company is in the initialstages of the preparation of the S1 to be filed with SEC.
The announced dividend is an initial tranche. We may issueanother dividend in the near future on FutureLand Corp.
Although we use the “record date” to determine the shareholder’srights for dividend, if shareholders sell their shares prior to theactual “distribution date”, they will not be eligible for thedividend. Shareholders must hold their FutureWorld shares till the”distribution date” to qualify for the dividend of FutureLandCorp.
Please find below the associated terms in relations to theSpinoff;
-Dividend Rate – The total expected dividend payments from aninvestment (Spinoff)
-Distribution Date – The date the dividend is paid out (afterthe completion of the Spinoff)
On March 10, 2015 Aegea Inc. has purchased one hundred percent(100%) of FutureLand Properties LLC, a wholly owned subsidiary ofFutureWorld Corp, for newly issued common stock, post reverse.FutureLand’s current asset comprise of 240 acres of prime propertyin southern Colorado and two signed lease agreements for growfacilities on its land.
FutureLand Properties is one of many of FutureWorld subsidiariesplanned spinoffs. FutureWorld has hastened its execution of itsbusiness plan to incubate and fund five (5) subsidiaries so farwith award winning products. We plan on executing our businessmodel in the next few weeks and months by our planned exitstrategies (sale) for our subsidiaries, including URVape and CBScientific.
As the only Cannabis Technology Accelerator, FutureWorld willincubate and fund leading technologies, products, and services forCannabis industry (Industrial Hemp) for foreseeable future;bringing value to its core and its shareholders.
About FutureLand Corp.
FutureLand Corp, a Colorado company, is a cannabis and hemp landleasing company formed to capitalize upon the emerging globalcannabis market. FutureLand, focuses on target acquisition,zoning, license fulfillment, site plan preparation and financing ofcannabis or hemp grow facilities throughout the United States. We give growers the opportunity to grow. We monetizethrough leasing the land, leasing the structures on the land,financing interest revenue and management fees associated withcultivation centers. FutureLand retains ownership of all theland and the structures we build on the land. FutureLandleases to both medical marijuana, retail marijuana as well asindustrial hemp growers. FutureLand does not grow,distribute or sell marijuana.
To request further information about FutureLand, please email usat info@futurelandcorp.com, log onto our website athttps://www.futureworldcorp.com or visit us at our Facebook pagefacebook.com/pages/FutureLand-Corporation/848802538518505 or onTwitter @futurelandcorp
About FutureWorld Corp.
FutureWorld (FWDG), a Delaware corporation, is a leadingprovider of advanced technologies and solutions to the globalcannabis industry. FutureWorld, together with its subsidiaries,focuses on the identification, acquisition, development, andcommercialization of cannabis related products and services, suchas industrial Hemp. FutureWorld, through its subsidiaries, providespersonal and professional THC and CBD test kits, pharmaceuticalgrade CBD oil solutions, SafeVape vaporizers, smart sensortechnology, communication network, surveillance security, dataanalysis for smart cultivation and consultation for the industrialhemp and legal medicinal cannabis. Our wireless agricultural smartsensor networks offer precision to the agriculture, irrigationsystems, and greenhouses for the global cannabis and hemp industry.FutureWorld and its subsidiaries do not grow, distribute or sellmarijuana.
To request further information about FutureWorld, please emailus at info@futureworldcorp.com, log onto our website athttps://www.futureworldcorp.com or visit us at our Facebook pagefacebook.com/futureworldenergy or on Twitter@futureworldinc.
Forward-Looking Statements
This press release may contain forward-looking statementscovered within the meaning of the Private Securities LitigationReform Act of 1995. These forward-looking statements relate to,among other things, plans and timing for the introduction orenhancement of our services and products, statements about futuremarket conditions, supply and demand conditions, and otherexpectations, intentions and plans contained in this press releasethat are not historical fact and involve risks and uncertainties.Our expectations regarding future revenues depend upon our abilityto develop and supply products and services that we may not producetoday and that meet defined specifications. When used in this pressrelease, the words “plan,” “expect,” “believe,” and similarexpressions generally identify forward-looking statements. Thesestatements reflect our current expectations. They are subject to anumber of risks and uncertainties, including, but not limited to,changes in technology and changes in pervasive markets. Thisrelease includes forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933 and Section 27E of theSecurities Act of 1934. Statements contained in this release thatare not historical facts may be deemed to be forward-lookingstatements. Investors are cautioned that forward-looking statementsare inherently uncertain. Actual performance and results may differmaterially from that projected or suggested herein due to certainrisks and uncertainties including, without limitation, ability toobtain financing and regulatory and shareholder approval foranticipated actions.
Media Contact FutureWorld Corp. https://www.futureworldcorp.com info@futureworldcorp.com cox@futureworldcorp.com (727) 474-1816 ext. 103 Twitter - @futureworldinc Facebook - futureworldenergy
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