I share your same sentiments in that this TTDZ/Green Cures, Inc. news is huge. The news is not huge because it tells us much that is new... it’s huge because it confirms much of what we already knew and was expecting, but needed further confirmation that things were moving forward. We shareholders now have this confirmation of the many things that are moving forward with some extra gravy on the top. Let’s do a quick ”confirmation review” of this news…
We have…
** Confirmation of the closing of the acquisition transaction by Green Cures for controlling interest in Triton.
** Confirmation that we should seeing a name and ticker change (probably CUSIP # too) within the next 15 days.
** Confirmation of the cancellation of approximately 300 million common shares owned by Green Cures Inc.
** Confirmation of beginning the process of acquiring assets (including intellectual property and products) into the Company.
** Confirmation of restructuring and reorganization without doing a reverse split.
** Confirmation… again… no reverse split.
** Confirmation that the new name of will be legally changed to ”Green Cures and Botanical Distribution, Inc.”
** Confirmation that the company and their legal counsel are taking the necessary and required steps to effect the name change, which will include required filings with FINRA and the State of Colorado.
** Confirmation of new management coming into the company.
** Confirmation that the interim CEO is Julio Cubillas of which high focus should be given consideration on the word ”interim” which means that he is only the temporary CEO which means that we should be expecting to see an announcement of a new CEO too.
** Confirmation that the company plans to acquire certain assets, including rights to domain names, certain trademarks with pending registrations and intellectual property, and certain existing products.
** Confirmation that the assets to be acquired include AllBotanical.com, AllCannabis.com, FutureMarijuana.com, CBDoil.us, and CBDcolorado.com, as well as exclusive licensing rights to all Green Magic and Green Cures products from Green Cures Inc., in order to enable the Company to move quickly with business operations following the restructuring plan completion.
** Confirmation that these assets are expected to enable the company to begin commercial operations and implement its business plan, while offering initial products, allowing the Company to move forward more quickly in this fast-paced industry.
** Confirmation that the Outstanding Shares (OS) after the cancellation of the 300 Million shares should be 1,633,695,597 shares.
** Confirmation that although the Authorized Shares (AS) was increased to by 500 million to have an AS of 2,500,000,000 Authorized Shares, the extra shares will be used for possible future acquisitions that will add future value to the company of which will no doubt have to be issued as restricted shares and not as Float shares.
** Confirmation that Green Cures Inc. has recently submitted trademark applications for the trademark CBD Centers, under Class Codes 035 (online retail store and retail store services) and 044 (alternative medicine services) with the United States Patent and Trademark Office.
** Confirmation that the management anticipates that the website Allbotanical.com will initially feature a total of 10 products, ready-to-ship, from the Green Magic line, along with additional products from other distributors. The Company intends to offer Green Magic Products to the public with an active Liability, and Packagers Protection Policy; therefore, the launching of Allbotanical.com is rescheduled for an expected date of April 14, 2014.
** Confirmation that the PVCL distribution of the shares of common stock is still coming.
** Confirmation that all of the company’s ”Executives and Officers” that will work with the company for the development of business operations within the medical cannabis and botanical industry are expected to assume positions on or before April 1, 2014; with public announcements to advise of Executives and Officers of the Team anticipated on, or before, April 2, 2014.
