marijuana stock news

Form 8-K for FUTUREWORLD CORP.


3-Feb-2015

Other Events

Item 8.01. Other Events.On January 25, 2015, the Company’s board of directors have elected to sell 100% interest in HempTech Corp. for an unspecified price to a publicly traded company. The decision was made based on the public company’s offer, shareholder interest and HempTech’s innate value through its extensive IP portfolios and signed agreements. The sell price is currently being negotiated and evaluated by a third party firm. The transaction will be based on all stock or stock and cash and it is expected to complete by the third week of February. Company is expected to dividend out the proceeds shortly after.

More information will be provided when details on the agreement including the purchase price has been clarified.

 


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
1 comment
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

AbbVie (ABBV) to Present Analysis Evaluating Continuous RINVOQ® (upadacitinib) Treatment in Psoriatic Arthritis

AbbVie to Present Analysis Evaluating Continuous RINVOQ® (upadacitinib) Treatment in Psoriatic Arthritis…

SOL Global Investments Corp.’s (SOL) (SOLCF) CannCure and MCP Wellness Mutually Agree to Terminate Binding LOI

SOL Global’s CannCure and MCP Wellness Mutually Agree to Terminate Binding LOI…

Innovative Industrial Properties, Inc. (IIPR) Declares Fourth Quarter 2023 Dividend

Innovative Industrial Properties Declares Fourth Quarter 2023 Dividend   Innovative Industrial Properties,…

Red White & Bloom Brands Inc. (TDRYD) Closes Agreement With High Times

Red White & Bloom Brands Closes Agreement With High Times Red White…