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Tuesday, 06/28/2016 2:05:39 PM

Tuesday, June 28, 2016 2:05:39 PM

Post# of 13148
MADEIRA BEACH, FL / ACCESSWIRE / June 27, 2016 / NaturalNano, Inc., (NNAN) announced that on June 23, 2016 (the "Effective Date"), it entered into a Stock Exchange Agreement (the "Exchange Agreement") with all of the shareholders of Omni Shrimp, Inc., a Florida corporation ("OMNI"), pursuant to which the shareholders exchanged with the Company all of the outstanding shares of stock of OMNI and OMNI thereupon became a wholly owned subsidiary of the Company. In consideration for the exchange of those OMNI shares, the Company issued 28,500 shares of a newly created Series E Preferred Stock of the Company (the "Series E Preferred Stock").

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