PHI Group Inc (PHIL)

[turn around]

http://phiglobal.com/assignment-intellectual-properties-organic-farming/

could be this

MEMORANDUM OF UNDERSTANDING TO ACQUIRE ABOUND FARMS, INC.


On September 30, 2016, the Company signed a Memorandum of Understanding with Abound Farms, Inc., (“AFI Target”) a U.S. company, to acquire 100% of AFI Target. AFI Target is engaged in hydroponics and possesses proprietary water treatment systems and nutrients that are known to substantially enhance farming yields. The MOU sets forth the guidelines for further negotiations between AFI Target and the Company before the signing of a definitive agreement that contains representations, warranties, covenants, and indemnities customary for a transaction of this type. The Company intends to incorporate the AFI Target’s water treatment systems and nutrients to the Agri Target’s business after the closing of these transactions.

https://www.sec.gov/Archives/edgar/data/704172/000149315216014007/form10-k.htm

and their webpage

http://pinkgourmet.com/