marijuana stocks news

Form 8-K for MCIG, INC.


29-Sep-2016

Entry into a Material Definitive Agreement, Financial Statements and Exhibits

ITEM 1.01 Entry Into a Material Definitive AgreementOn September 25, 2016, the Company entered into a Cancellation/Return to Treasury Agreement with Paul Rosenberg, the Company’s Chairman and CEO, whereby the Company will purchase into Treasury 5,000,000 shares of Series A Preferred Stock in exchange for $500. The Company has elected to retire these shares. The retirement reduces the fully diluted underlying shares of common stock by 9.3%.


 

ITEM 9.01 Financial Statements and Exhibits.
Exhibit No. Description
10.1 Cancellation/Return to Treasury Agreement


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

Your email address will not be published.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

You May Also Like

 Nabis Holdings Inc. (NAB) (INNPF) (NABIF) Announces OTC Ticker Symbol Change to “NABIF”

Nabis Holdings Announces OTC Ticker Symbol Change to “NABIF”  Nabis Holdings Inc. (NAB.CN)…

General Cannabis Corp (CANN) to Acquire Cannasseur

General Cannabis Corp. to Acquire Cannasseur General Cannabis Corp (CANN) executed a…

Verano Holdings Corp. (VRNOF) the Opening of Zen Leaf Wheeling, the Company’s Third West Virginia Dispensary

Verano Announces the Opening of Zen Leaf Wheeling, the Company’s Third West…

Future Farm Technologies Inc. (FFRMF) Acquires Stake in Five Cannabis Dispensary Licenses in Puerto Rico

Future Farm Acquires Stake in Five Cannabis Dispensary Licenses in Puerto Rico…