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http://www.marketwatch.com/story/solanbridge-group-inc-announces-acquisition-of-tasty-greenz-and-500-million-share-reduction-2014-05-08
Solanbridge Group Inc Announces Acquisition of Tasty Greenz and 500 Million Share Reduction
HOUSTON, May 8, 2014 /PRNewswire/ -- Solanbridge Group Inc SLNX -19.44% is pleased to announce the closing of the acquisition of Tasty Greenz, LLC of Denver, Colorado, a health product producer whose products are derived from naturally occurring cannabinoids and, in particular, cannabidiol (CBD). CBD is related to tetrahydrocannabinol (the psychoactive constituent of the cannabis plant). CBD possesses no psychoactive properties and therefore is a ready for market marijuana based ingredient. Dr. Mark T. Cullen, chairman of the Scientific Advisory Board of SLNX stated, "We are pleased to announce that Tasty Greenz has agreed to join Solanbridge. We are looking forward to working jointly with Tasty Greenz to further develop the medical products that they have designed to utilize cannabidiol ("CBD"), one of the many active ingredients derived from marijuana."
Cullen is a Yale University-trained doctor and medical director, who had academic appointments at Yale University and University of Florida. Dr. Cullen has done collaborative work with the World Health Organization (WHO), the Center for Disease Control (CDC) and the National Institute of Health (NIH). He is an entrepreneur who has developed start-up companies and has also worked as the CEO of multiple companies both public and private. He is an inventor who has created ultrasound desulfurization and heavy oil upgrade technology. His work has taken him throughout the world including Saudi Arabia, UAE, India, and South America.
Charles R. Shirley, Chairman of the Board and Managing Director of Solanbridge, stated that on May 7, 2014, due to the commitment of Solanbridge to the medical marijuana industry, the Company has cancelled and retired another 500 million common stock shares of SLNX. Those shares will be returned to the Company's Treasury immediately. Concurrent with the announcement of the Company's total share reduction, the Company emphasized that the long-term goal of the Company is to reduce the number of common stock shares by another 500 billion common stock shares over the next month—for a total cancellation and retirement of 1.5 billion common stock shares overall.
Solanbridge is also encouraged by the changing public opinion landscape in certain U.S. jurisdictions and the potential for legislative changes toward medical marijuana legalization in Florida and Maryland, two jurisdictions where Solanbridge has a physical presence.
The Company continues to pursue a commercial grower's license in Province of Nova Scotia. Plans have been developed to hire a full-time staff member to administer the application process, acquire a building, equip the building with a state-of-the-art security system, and build out all aspects of a commercial medical marijuana grower's production facility. The MOU signed by the Company on March 29, 2014 has been extended for fourteen (14) more business days.
About Solanbridge Group Inc
Solanbridge Group Inc is based in Spring, Texas and is a diversified holding company looking to expand into the medical marijuana industry by developing a commercial grower's license in the Province of Nova Scotia, Canada and developing CBD-infused products in Colorado, Nevada, and California through its subsidiary Tasty Greenz LLC. Solanbridge's other subsidiary, David's Steak and Seafood, in Melbourne Beach, Florida, is a classic, upscale steak house, which presents polished dining in an atmosphere of timeless elegance, offering guests the finest cuts of choice USDA meats, fresh seafood and much more.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
SOURCE Solanbridge Group Inc
Copyright (C) 2014 PR Newswire. All rights reserved
VGMI $$ Alan Berman Interviews Verde Media Group CEO To Discuss Their New 6000 Square Foot Marijuana Grow Facility.
VMGI
Watch Youtube Video Here
Verde Media Group C.E.O. William Veve Interview with Alan Berman
Bill passed!
Nice bounce. New HOD coming. This is bound to continue back up from here IMO.
@clarkortiz: Podcast discussion of NEW studios and Film Project for iPoint/SWRF http://t.co/flcDrrWRsc
@clarkortiz: New app look coming soon and receiving new programming contracts.
@clarkortiz: Love the smell of electronics. Haha. Top 3 things to do: 1) Studio Site survey 2) Producing TV shows 3) Watching a plan come together.
News:
https://www.prbuzz.com/energy/177486-3d-entertainment-holdings-inc-and-ipoint-television-launch-app3dtvlite-a-free-version-of-the-popular-app3dtv.html#.Unr6Kwi5chI.twitter
CEO's twitter: @clarkortiz: 3D Entertainment Holdings, Inc. And iPoint Television Launch App3DTVLITE A Free Version Of The Popular App3DTV https://t.co/LAEB5KGtFk
Looks like you were correct about the gap. Gap fills tomorrow and we move higher.
@clarkortiz: Ok already. I'll take a break from work and go to sleep. Good night #SWRF Good night #TDEY Good night #---- (Trifecta)
Disney content would be great but imagine if Disney and TDEY joined forces to make 3d movies you could touch and feel.
http://www.disneyresearch.com/project/3d-touch-surfaces/
Here is a list of content. looks like they will be adding a few thousand movies very soon:
http://media.wix.com/ugd/66213c_1d8f90c34d4049feb7b13d704aaed3a1.pdf
News out!
3D Entertainment Holdings, Inc Announces Introduction to FREE 2D to 3D Conversion Program for Independent Producers and List of Content Available to View Over Its Website
http://www.marketwired.com/press-release/3d-entertainment-holdings-inc-announces-introduction-free-2d-3d-conversion-program-independent-pinksheets-tdey-1847122.htm
@clarkortiz: Next up: 1st more content. 2nd Roku App (5M Homes). 3rd App Sales via Facebook. Nose to grind.
@clarkortiz: I have the best development team who pulled off a full weekend and overnight to meet my goals. Thank you guys!
Clark's new tweet... Zzzzzzz 3D zzzzzz 3D zzzzzz 3D Zzzzzzz 3D zzzzzz 3D zzzzzz 3D Zzzzzzz 3D zzzzzz 3D zzzzzz 3D Zzzzzzz 3D zzzzzz 3D zzzzzz 3D Zzzzzzz
TDEY
@clarkortiz: Free 3D glasses for those who do not have 3D ready devices. http://t.co/2RAcZvGj5S
New CEO tweet
@clarkortiz: Great conference call yesterday and I heard everyone stating this evening launch would be best.
How was the app?
Back In. Uptank. Go ATRN
400 Boardmarks...
Cant wait to start buying once my funds clear on Wednesday...
Go AAPT!
GO AAPT!
Using this as an opportunity to average down. Just bought more on the dip. Cant wait to see what July brings for this company.
I think this was the final stock price while trading on the NASDAQ last year.
ATRN has taught me to never fall in love with a stock and always set up a stop loss order.
I can't wait to buy my dog Nutra Bars. He is really going to love Bacon Flavor.
GO AAPT
Morning.
Great Post. Ide like to think we will know by June 12th.
Maybe we weren't getting fonged after all. I'll take .74 cents a share.
I think Motricity acquired Atrinsic and Fong & Rifkin & Baker & Morris & Spyder...
IMHO