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Your email address will not be published.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

Village Farms International, Inc. (VFF) (VFF.TO) to Host Second Quarter 2019 Conference Call

Village Farms International to Host Second Quarter 2019 Conference Call on Tuesday,…

Nabis Holdings (NAB)(NABIF) Announces Additional Investment in Municipally Approved Property in Michigan – With 10 Approved Cultivation Licenses

Nabis Holdings Announces Additional Investment in Municipally Approved Property in Michigan –…

$MNTR Reports 2014 Revenues of $2.1 Million in 10-K

Mentor Capital Reports 2014 Revenues of $2.1 Million in 10-K First 10-K…

AbbVie (ABBV) to Host Fourth-Quarter and Full-Year 2020 Earnings Conference Call

AbbVie to Host Fourth-Quarter and Full-Year 2020 Earnings Conference Call Tue, January…