Crown Baus Capital Corp (CBCA)

[georgie18]

CBCA...$1.06...Reinstatement...Filled open gap on Friday's close...

http://www.cannabia.de/english/page1.html

Authorized Shares
200,000,000
07/31/2016
Outstanding Shares
143,550,000
07/31/2016

https://www.nvsos.gov/SOSEntitySearch/CorpActions.aspx?lx8nvq=seTJi9B2Dn9Z%252b%252f9678B0pg%253d%253d&nt7=0&CorpName=CROWN+BAUS+CAPITAL+CORP.

8K...https://www.otcmarkets.com/filing/html?id=12629907&guid=3ds8UWYbd7HlO3h

Item 1.01 Entry into a Material Definitive Agreement

On March 1, 2018, Crown Baus Capital Corp. (the “Company”) entered into a Share Purchase Agreement (the “Agreement”) with Carmen Dupetit and Alfredo Dupetit (collectively the “Sellers”), who are the owners of the Cannabia International Trademark (the “Trademark”).

Cannabia has been brewed since 1996, it is known as 1st beverage containing hemp. Since 1996 there has been over 3 million bottles of Cannabia sold, always the same EU organic certified quality. Family owned and operated company that has never stopped production since inception. Cannabia is currently being exported to France, Spain, Japan, GB, Greece, Barbados, and sold in Germany, under the Cannabia Brand TM.

The Agreement provides for the purchase of all the Sellers rights, assets, technology, intellectual property, trademarks, titles and interest in the Trademark in exchange for the payment of $2 million cash within 12 months and the issuance of 5 million restricted common shares to the Sellers. The cash portion will be discounted by $1 million if paid within 3 months from the date of the Agreement or by $500,000 if paid within 6 months of the date of the agreement. The Closing Date of the Agreement is May 1, 2018.