Friday, March 22, 2019 4:06:03 PM
- $IGPK lawsuit dismissed
- CPA expected to turn over financials to auditor week of 03/25/2019
- $IGPK to retain legal counsel to file S-1
"...Integrated Cannabis released an update lawsuit filed against the company last yr being dismissed read more here: https://tinyurl.com/y2jrgvzwsee see court doc below. Our CPA is expected to hand off the financials next wk to our auditor at which point we will retain counsel to file an S1 ..."
https://twitter.com/IGPKOTC/status/1109151001519505408
From $IGPK's 4Q2018 report:
"... There is an outstanding Convertible Note addressed in the footnotes owed to Matheau J. W. Stout Esq. for $38,887.38 plus accrued interest since 2014. On January 9, 2019, the parties entered into a Settlement Agreement under which the Company has agreed to pay Stout $70,000 in ten monthly payments in exchange for a mutual release of all claims. The Company has the incentive to accelerate such payments, and the Company may elect to pay Stout a total of $50,000 by April 20, 2019 in full settlement. ..."
https://backend.otcmarkets.com/otcapi/company/financial-report/213367/content
The paradox of iHub: buy high, sell low
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