INOH / Common Shareholder Questions Are AnsweredPress Release | 01/18/2018
NEW YORK, NY / ACCESSWIRE / January 18, 2018 / In Ovations Holdings, Inc. (OTC PINK: INOH) answers some of the most common questions shareholders have been asking:
Q: What is the current outstanding share count?
Q: Will you take on toxic debt?
A: No toxic debt will be considered. Period.
Q: What has been done with old debts?
A: We are negotiating with debt holders and expect that they will be settled without further dilution. There is some existing converted overhang, which, where possible, will be returned to treasury based upon settlement agreements.
Q: Will the company do a reverse split?
A: We do not feel that is necessary and, with our current business, we feel we can see the price per share increase to reflect our value.
Q: Bio-Char updates?
A: The company has made remarkable strides along with a distribution agreement with Oregon Bio-Char, and we are expecting significant growth in this sector. We will be at the Hemp & Cannabis fair this weekend in Medford, Oregon (http://thcfair.com/
Q: Is everything going to be under the INOH name?
A: No, the company just filed for a Trademark with the USPTO. Once approved, we will issue the name and further details.
Q: Who is on the current advisory board?
A: The company, over the past months, has added Dr. Kenneth Hughes, Mr. Gary Williams, and Mr. Josh Turner to our advisory board, all well-versed in the medical cannabis sector.
Q: Do you expect further additions?
Q: Do you foresee other areas of growth?
A: Yes. We foresee a vibrant future for Cannabis/Hemp and related industries