Nouveau Life Pharmaceuticals Inc (NOUV)

[Topchef]

Last day to buy before the buyout this weekend:
Copy and pasted from The PURA PR Friday, this is the 4th paragraph

The prospective spinoff transaction is ultimately structured as a reverse merger involving comprehensive terms that include a change of control. Once all terms of the comprehensive transaction have been completed, the current majority shareholder of PURA, is slated to also become the majority shareholder of target public company which will then be an independently traded cannabis cultivation company. All parties intend to promptly initiate 1.) the recapitalization of the target public company, and 2.) the corresponding conversion of the $1.2 million note into common stock of the target public company, as well as 3.) the dividend distribution of the converted stock to the shareholders of PURA, following the sale of the cannabis cultivation business to the target public company. Look for an announcement indicating the sale has closed after September 30, 2018

Source of PR:
https://www.otcmarkets.com/stock/PURA/news/Puration-Announces-LOI-to-Spinoff-Cannabis-Cultivation-Business-and-Issue-Stock-Dividend-to-Shareholders?id=204506