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PR's do nothing here as they are too cheap to get it to the investment community.
I've all ready decided that. Not buying any until dilutes gone to trips
So we know for sure? They haven't been forth coming on share structure and proper filings.
It was only green due to a small sell to the bid. I wouldn't be doing cartwheels over no volume let alone the only volume being a sell
They couldn't pay the 2MM to Infrax. It wasn't an arms length transaction and would be approved by auditors.
Give me a filing from the ones promised 9 months ago first. Anyway... Back to work. Don't want to bash the BS too much
Nope, news to sell shares. VFIN parked on the ask
CSTI and vfin
He got wiped out. Now at .004
All about the hype and FWDG hasn't figured out the play yet.
Better sell before the next dump then
We could only hope :)
The T trade is a match to the 4M share trade around noon. Interesting
Welcome to IHUB lol
What's your thoughts on spin off dividends. I have mine that it will never happen
Yep, for obvious reasons
I couldn't agree more
Could be the tone of frustration.
Just look at his history of posts. Everyone is negative spun. His agenda is for this to go down.
This one will be huge. The property with contracts will pull huge multiples.
Me too!
AYME switched sides. Keeping bid/ask tight. No room for flippers to reload and absorbing all sells
VFIN on bid too. Interesting.
AYME on bid. He switched sides lol
Creates balance sheet strength, cash, and the ability to support the grow facilities for futureland
Day traders exiting in fear. See where we go
$FWDG running on news!!!
NEWS OUT: Tuesday, March 03 2015 1:22 PM, EST FutureWorld (FWDG) Sells Subsidiary HempTech Corp. GlobeNewswire "Press Releases"
ST. PETERSBURG, FL , March 3, 2015 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTC: FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announced today that on February 27, 2015 Infrax Systems has purchased one hundred percent (100%) of HempTech Corp , a wholly owned subsidiary of FutureWorld Corp for $60,000,000 in cash and stocks. HempTech Corp is a technology company that provides smart sensors and data analysis technology, Seed-to-Sale tracking systems, communication networking and surveillance security for the cannabis and agricultural industry. Prior to the transaction, FutureWorld had retained an independent third party valuation firm and received the market valuation of $60,000,000 for HempTech Corp. The valuation report was used as a basis for the agreed upon transaction between FutureWorld and Infrax Systems.
Also, there exist a material relationship between the Company and the purchaser on this transaction. Talari Industries is the majority shareholder of both and its principle, Mr. Talari , is the CEO of FutureWorld Corp. This transaction will be the last of a material relationships type transaction.
The details of transaction are as follows;
1- Ten million dollars ( $10M ) in cash, payable in installments as convertible notes. The cash payment shall be made available through operations and/or registration by the Infrax Systems. 2- Ten million dollars ( $10M ) in Common Stock of Infrax Systems, Inc. 3- Forty million dollars ( $40M ) in Preferred Shares Series A1, or 33,000,000 shares of Infrax Systems, Inc.
Infrax Systems has been working closely with HempTech for the past few months developing disruptive technologies for the cannabis market utilizing internal intellectual properties developed over the past five years. With the purchase of HempTech Corp , Infrax Systems will initiate a new division for agricultural related technologies (or Agritech). Infrax Systems acquisition of HempTech Corp will help expand its reach in the Cannabis and Agricultural technologies (agritech) which are the fastest growing sectors in the market.
Reasons for the sale and the transaction with Infrax Systems;
1- Extract value for the shareholders by spinning-off subsidiaries per our business model 2- Access to marketable securities and cash for corporate growth and dividend purposes 3- Increase Company's balance sheet and overall financial health of the Company 4- HempTech's underlying technology comes from Infrax Systems 5- Access to intellectual properties owned by Infrax Systems for future developments of other subsidiaries
What shareholders should expect from this transaction;
1- dividend on part of the shares acquired through registration 2- dividend on part of the cash when available 3- cash and stock dividends are only available to shareholders of record at the time of the notice
HempTech Corp is one of many of FutureWorld subsidiaries planned spin-offs. FutureWorld has hastened its execution of its business plan to incubate and fund five (5) subsidiaries so far with award winning products in only 9 months. We plan on executing our business model in the next few weeks and months by our planned exit strategies (sale) for our subsidiaries, including URVape, CB Scientific and FutureLand properties.
Big players jumping on
Look at the bids and volume.
I do like how news after hours dilution again first thing. They are all in bed together.
Thank you! It has been a roller coaster for sure. Still watching though to see how it plays out.
Lose the caps for gosh sakes. I didn't miss your posts one bit.
Good luck. I've never believed in those.
I expected a sell off this morning due to the way the whole deal was handled. If Sam would have just been honest up front and said his plan. The BS PR's and social media posts pumping that this was going to be a Quantum shift and we have a buyer blah blah blah when it was him all along. Bait and switch used car salesmen antic.
Yep, company needs a PR firm. They supposedly hired one last August. Yet to be seen.
AYME back
1M shares in 2 minutes :)
Good Morning! Let's see what the news brings.
No dilution for 3 days