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Your email address will not be published.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

Canopy Growth Corporation (CGC) to Report First Quarter Fiscal 2024 Financial Results on August 9, 2023

Canopy Growth to Report First Quarter Fiscal 2024 Financial Results on August…

Wayland Group (MRRCF) to Explore Strategic Alternatives to Maximize Shareholder Value

Wayland Group to Explore Strategic Alternatives to Maximize Shareholder Value Including the…

Neptune Wellness Solutions Inc. (NEPT) Fiscal Second Quarter 2022 Financial Results on November 15, 2021

Neptune to Report Fiscal Second Quarter 2022 Financial Results on November 15,…

Aurora Cannabis Inc. (ACB) Improves Offerings in Australia with New Range of Premium Dried Flower Products

Aurora Improves Offerings in Australia with New Range of Premium Dried Flower…