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Your email address will not be published.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

 American Premium Water Corporation (HIPH) Announces LALPINA CBD Will be Present for Second Year at Super Bowl LIII Week Festivities in Atlanta

American Premium Water Corp. (HIPH) Announces LALPINA CBD Will be Present for…

$TRTC Premium Quality Cannabis Extracts are now Available

IVXX ™ Premium Quality Cannabis Extracts are now Available at Select Los…

GT Biopharma Inc. (GTBP) Announces Dr. Raymond W Urbanski Elevated to President and Chief Medical Officer of the Company

Gt Biopharma Announces Dr. Raymond W Urbanski Elevated to President and Chief…

Organigram Holdings Inc. (OGRMF) Signs Strategic Supplier Agreement with Hiku Brands

Organigram Signs Strategic Supplier Agreement with Hiku Brands Organigram Holdings Inc. (TSX…