Skye Life Ventures Ltd. (fka SKLV)

[Sam'd'Mil]

Great News!!!

EPHS Holdings, Inc. Signs Binding Letter of Intent to Acquire Merritt Valley Cannabis

6:00 AM ET 10/3/18 | BusinessWire

RELATED QUOTES --SymbolLast% Chg

$STNN

1.750.00%Real time quote. 

BOYNTON BEACH, Fla.--(BUSINESS WIRE)--October 03, 2018-- 

EPHS Holdings, Inc. (the "Company") (OTCQB: STNN), a development stage company, is excited to announce the signing of a binding Letter of Intent ("LOI") to acquire 100% of the issued and outstanding shares of privately held Merritt Valley Cannabis, a Canadian corporation, in a non-cash transaction and the appointment of Stevan Perry as the Company's President. 

Mr. Perry is a senior executive and business development leader with over 18 years of corporate, operational and project management experience. He has a progressive career involving the successful business development of major projects, scaled energy solutions and business modeling for energy intensive start-ups, fortune 100 companies and some world's largest Cannabis Companies. 

Mr. Perry's most recent works with The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) during their development stage, brings both experience and efficiency as the Company prepares to enter into the commercial scale cultivation of cannabis. Mr. Perry also acted as an energy leader for both Honeywell (NYSE: HON) and Eaton. (NYSE: ETN). 

The Company's CEO, Gianfranco Bentivoglio, commented, "The commercial cultivation market of cannabis for CBD and THC related products is explosive and the timing of our acquisition could not be better. With Stevan's history in the industry and his expertise in energy efficiency, the ability to be both a strong producer in the sector, will position the company to be one of the lowest cost producers in industry delivering maximum value to our shareholders." 

Mr. Perry commented, "On behalf of the entire MVC team, we would like to thank the EPHS team and it shareholders. We are excited to integrate our business plans and IP, that we will feel will position EPHS Holdings, Inc. to be one of the lowest cost producers in the industry."