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Monday, 08/21/2017 9:30:25 PM

Monday, August 21, 2017 9:30:25 PM

Post# of 49545
AMHD-UPDATE THIS WEEK-MJ R/M

I spoke to the CEO of UNGS on the phone earlier today.

Contact info:
Wayne Anderson
727 482 1505

I called because I noticed in the recent 10Q UNGS filed they had acquired all outstanding shares of AMHD and assumed control of the company from previous management…

https://www.otcmarkets.com/financialReportViewer?symbol=UNGS&id=177779

On July 22, 2017, the Company entered into a Stock Purchase Agreement (the "Agreement") with an Officer of Amelot Holdings, Inc. ("Amelot") for the purchase of all issued and outstanding shares of Preferred stock of Amelot. Amelot is a publicly traded entity under the symbol AMHD on the OTC Pinksheets. The transaction is set to close on or before August 25, 2017

So I asked him what was up with that?

He said an update on AMHD is coming out SOMETIME THIS WEEK.


He would not elaborate further on what the update would entail or why the company acquired the AMHD shell.

Tonight, I decided to do a bit of digging into UNGS and what exactly the company does. In the 10Q I found out that they recently spun out a subsidiary they owned…the Greater Cannabis Company (GCC). It is now a PRIVATE COMPANY.

NOTE T- SPIN-OFF
Effective March 10, 2017 (Payment Date), in connection with a partial spin-off of The Greater Cannabis Company, Inc ("GCC") from the Company, GCC issued a total of 26,905,969 shares of its common stock. 5,378,476 shares were issued to the Company (representing 19.9% of the issued and outstanding shares after the spin-off) and 21,527,493 shares were issued to the stockholders of record of the Company on February 3, 2017 (Record date) on the basis of one share of GCC common stock for each 500 shares of the Company's common stock held (representing 80.1% of the issued and outstanding shares of GCC's common stock after the spin-off). The shares of common stock held in the Company's name are recorded on the Company's financials on its Balance Sheet as an Investment under Other Assets. Effective upon the payment Date, GCC was no longer a wholly owned subsidiary of the Company. Mr. Anderson, the Company's current President and Chairman, will serve as the interim President of GCC until additional key personnel are retained

http://greatercannabiscompany.com/

Now the digging into GCC begins. They operate an MJ online storefront that sells a bunch of MJ-related products
https://gccsuperstore.com/

GCC recently acquired Bud Bank, Inc. as a wholly-owned subsidiary…from UNGS...Bud Bank, Inc. is another PRIVATE COMPANY

On April 21, 2017, the Company entered into a definitive Asset Acquisition Agreement (the "Agreement") with The Greater Cannabis Company, Inc. ("GCC"), whereby GCC will acquire the Company's wholly owned subsidiary Bud Bank, LLC ("Bud Bank"). Under the Agreement, GCC is obligated to pay the Company a royalty of 10% of net sales proceeds generated by Bud Bank through its operations up to a total of $50,000 and thereafter for perpetuity pay a royalty of 3% of net sales proceeds generated by Bud Bank through its operations. The transaction closed on June 21, 2017 concurrent with the Company's filings with the State of Florida. The transaction closed on June 20, 2017

http://greatercannabiscompany.com/budbank/

Bud Bank Inc. Reinstated

On June 19, 2017, the Company filed a Reinstatement with the State of Florida for its subsidiary, Bud Bank, LLC to
bring the Company current with the State of Florida. In addition, the Company filed a Notice of Conversion and
Articles of Incorporation for Bud Bank to effectively convert Bud Bank from a Florida limited liability company to
a Florida for-profit corporation. The name of the new entity is Bud Bank, Inc.

BOTH of these MJ companies are private entities, with no public trading platform...so...

Given the recent acquisition of a public shell (AMHD) and the spin-off of GCC, and GCC's acquisition of Bud Bank, I think that UNGS is using AMHD to R/M GCC/Bud Bank and take the 2 MJ companies public!!!

+Everything I say is IMO. Do your own DD. Stay sharp.+

Penny