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Tuesday, February 05, 2019 11:51:46 AM
https://www.otcmarkets.com/stock/OCSYD/news/Optium-Cyber-Systems-Provides-Corporate-Update?id=217449
SCOTTSDALE, ARIZONA, Feb. 04, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Optium Cyber Systems, Inc. (‘Company’) (OTC:OCSY) would like to provide shareholders with an update on recent corporate developments.
Effective January 25, 2019, the Company changed its name to CBD Life Sciences Inc. (the “Name Change”) to better reflect the change in business with the acquisition of LBC Bioscience, Inc. (see press release January 9, 2019). The Name Change was approved by a majority of the shareholders and by the Company’s board of directors. The process involved the filing of a Certificate of Amendment with the State of Nevada, which has been approved, and an Issuer Notification was submitted to the Financial Industry Regulatory Authority to recognize the new name and request a new trading symbol. Effective February 5, 2019, the common shares of the Company will be quoted on the OTC Markets under the symbol “OCSYD” and will change again in 20 business days to “CBDL”.
Moving forward, the Company is focusing on its previously announced acquisition, LBC Biosceince Inc., an organic cannabidiol development and marketing company. LBC Bioscience was founded by Lisa A. Nelson, a former director and shareholder of Optium Cyber Systems. LBC’s primary focus is the development and marketing of CBD based organic products such as hemp CBD drops, massage oils, recovery pain relief creams, anxiety and sleep solutions, supplements, edibles, and a full line of pet products. In addition, LBC is in the process of developing an anti-aging skin product line. LBC’s products can be viewed and purchased on the company’s website at www.lbcbioscienceinc.com.
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