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Re: RIGATONI post# 289797

Monday, 05/02/2016 11:43:45 AM

Monday, May 02, 2016 11:43:45 AM

Post# of 380584
According to 8K we should soon
8K from the 13th: item 7

Item 8.01 Other Events.

(1) On April 12, 2016, Oregon Analytical Services fully accepted the delivery and implemented a Gas Chromatography with a Flame Ionization Detector (GC-FID) analytical system.

(2) The GC-FID will expand the services offered by Signal Bay's subsidiary CR Labs and Oregon Analytical Services to include residual solvent testing and expanded terpene testing.

(3) Signal Bay subsidiary CR Labs recognized a 118% increase in testing revenue for the quarter ended March 31, 2016 as compared to the same quarter ended March 31, 2015. These preliminary results have yet to be audited.

(4) As of April 6, 2016, the Company has executed two recurring consulting agreements with Oregon cannabis companies. The agreements call for Signal Bay to provide licensing, operational and financial analysis expertise.

(5) During the quarter ended March 31, 2016, the Company was engaged with 14 cannabis businesses in Oregon to assist them with attaining marijuana business licenses.

(6) Signal Bay has received two requests for proposals from cannabis license applicants in Arizona and Pennsylvania. These two applicants are seeking to operate in States that have a limited number of licenses available are know the Company has demonstrated prior success in merit based applications.

(7) The Company has extended the MOU for the acquisition of Oregon Analytical Services. Agreements are being finalized and a close is projected on or before April 30, 2016.


http://www.oregonanalyticalservices.com/

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