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Your email address will not be published.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

1933 Industries (TGIF) (TGIFF) to Expand into World’s Largest Cannabis Market

1933 Industries to Expand into World’s Largest Cannabis Market 1933 Industries (CSE: TGIF) (OTCQX: TGIFF) has…

$NTRR Scouts Opportunities in New Cannabis States

NTRR Scouts Opportunities in New Cannabis States to Offer Cleaner Growing Solutions…

Tetra Bio-Pharma Inc. (TBP.V) (TBPMF) Engages Alpha Bronze LLC as investor relations and public relations firm

Tetra Bio-Pharma Engages Alpha Bronze LLC as investor relations and public relations…

Verano Holdings Corp. (VRNOF) Introduces On The Rocks, New Multi-Format Brand Anchored Around Solventless Extraction Methods

Verano Introduces On The Rocks, New Multi-Format Brand Anchored Around Solventless Extraction…