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Friday, May 25, 2018 2:38:00 PM
Company 1: UHLN
Company 2: TruFood
On March 8, 2018, the Company entered into a share exchange agreement with TruFood Provisions Co (TruFood). Per the agreement, the Company will exchange 65% of the issued and outstanding stocks of US Highland, and cash, for 100% of the equity of TruFood. It is expected that all other debt related to the operation of TruFood will be retired at or prior to the closing date. As of March 31, 2018, the Company had deposited $115,000 related to this acquisition.
Company 3: Supreme Sweets
On May 1, 2018, the Company entered into a Letter of Intent (“LOI”) regarding the proposed acquisition which is anticipated to be by a newly formed Canadian acquisition subsidiary of UHLN, of the assets of Supreme Sweets, Inc.
Company 4: WNBD
UHLN is closing 2 deals...1 of which(Supreme Sweets)...already has a joint venture of some kind with the Pubco WNBD according to the past calendar years worth of WNBD CEO statements...the most recent statement as follows>>>
EXCERPT: "The food innovation joint venture is also still very much alive. We have been organizing a refinancing of that entity by means of an alliance between them and an OTC entity in the food sector with excellent liquidity, so that their production plant can deliver new brand iterations, of which some will be sold through Winning Brands."
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