InvestorsHub Logo
Followers 400
Posts 48555
Boards Moderated 0
Alias Born 06/20/2011

Re: ddbl_our_buck post# 1532

Tuesday, 03/21/2017 12:05:56 PM

Tuesday, March 21, 2017 12:05:56 PM

Post# of 44183
That is actually a little confusing because it appears the intent is to have any application of the tech/ip by THG to be limited to cannabis related industry and leave the industries NOT involved in the cannabis plant to ALAMO/IH. So what does the "maintain use" mean for THC when they say "shall be exclusive" to ALAMO/IH which maintains ownership of the tech/IP?

Also is there a typo in this statement and they meant "existing"...or are the existing officers and directors "exiting" IH?

"A new Company, to be named “The Harvest Group”, will be formed by exiting Officers and Directors of Indoor Harvest Corp."

Looks to me like the IH/ALAMO insiders are going to form a separate cannabis venture and have the common shareholders of IH pay for it...yet only a get a minority interest in the resulting company.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent INQD News