ACC Aviation Holdings Ltd. (CAVG)

[Werbe]

The CEO of SMGY is also CEO of Canna Powder out of Israel. They just were given a definitive license agreement and a research agreement with Yissum Research Development Company, out of Hebrew University of Jerusalem.

Below is info on merger and Nevada SOS and OTCMarkets profile showing same CEO.

Share Structure and Market Cap as of 05/15/2018

Market Cap 544,862

Authorized Shares 500,000,000

Outstanding Shares 9,906,577

Restricted 9,868,881

Unrestricted 37,696

Float 37,696

IMO they will fix Float issue after merger, no reason 2 merge into shell IMO if not 4 financing.

On 9/7/17, the Company entered into a Feasibility Study and Option Agreement with Yissum Research Development Company of the Hebrew University of Jerusalem Ltd, located in Jerusalem, Israel, the Company, through its newly-organized Israeli subsidiary, Canna Powder Ltd, agreed to fund a study entitled Powder Formulations of Cannanoid Oil and Yissum agreed to grant the Company an option to receive an exclusive world-wide license (subject to a definitive License Agreement), to commercially exploit Yissum's interest in the results of the Study related to production of powders from cannabinoid oil for the treatment of a variety of medical conditions.

On 4/30/18, the Company filed a Form 10 to become a reporting Company under the Exchange Act and on 5/2/18, Canna Powder Ltd entered into the definitive License Agreement and a separate Research Agreement with Yissum. As a result of the above, the Company is again deemed to be an operating company under the rules of the SEC. The Company has pending before FINRA an application to change the Company's name to CannaPowder Inc.