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Tuesday, August 15, 2017 12:10:28 PM
Effective November 9, 2015 the Company acquired Red Light Bakers, LLC and its complimentary "sister" companies (collectively RLB). RLB is currently generating positive cash flow. In consideration for this transaction RLB was issued 160,000,000 restricted shares of common stock making it the majority owner.
RLB has secured exclusive rights to distribute a commercial nutrient line into the hydroponics and indoor plant growth markets, has received orders to supply private label plant grow lighting, has an established edible line of baking mixes and brings a developed line of indoor grow light safety sunglasses.
Currently RLB is the only subsidiary with significant ongoing operations.
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