OSL Holdings Inc. (fka OSLH)

[Ultimaratioregum]

Nothing too exciting in the Q.

Financials are from feb 28 of 2014. Thats prior to OSLH's entry into the mj industry. Expecting to see stronger financials next Q.


Recent developments to the business overview:

Recent Developments

The website launch provided valuable feedback on market acceptance and functionality. The Company did not raise sufficient capital to execute a comprehensive marketing campaign to consumers and retailers. The success of the Company is dependent on its ability to obtain sufficient funds to market its offerings to consumers and merchants.

On March 10, 2014, the Company announced its entry into the legal marijuana market. The Company contracted with a legal medical marijuana dispensary in California, The Natural Way of LA, to develop marijuana production facilities in California. The Company intends to form a separate subsidiary to create production facilities in states that presently have legal medical marijuana dispensaries and also position itself to accommodate the growing recreational markets in Colorado and Washington and elsewhere as legal recreational markets emerge. The Company intends to spin off that subsidiary to its existing shareholders after complying with necessary governmental regulations and procedures. In addition, The Natural Way of LA has executed a marketing agreement with the Equality Rewards division of OSL committing to participate in Equality Rewards.