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Re: Papa Bear post# 13115

Wednesday, 06/05/2019 3:28:46 PM

Wednesday, June 05, 2019 3:28:46 PM

Post# of 32278
ILUS new update on website Red Creek is very excited to have the interest and opportunity to secure funding to build our 100,000 sq. grow center in Southern Colorado.

https://redcreekreserve.com/investors

Progress Report
The business of complying with OTC along with the recent rule changes made the task of becoming Current more involved than originally anticipated. But thanks to a dedicated team of professionals, ILUS been restored to the Pink Current tier.



We are continuing our due diligence on several acquisitions. Here again, a process that unfortunately takes longer than most as cannabis operations require more due diligence and time. Each state has it's own unique legal and logistical requirements as well as the need for a complete understanding of the operation itself. Rest assured, the folks on our team are highly skilled and thorough.



Red Creek is very excited to have the interest and opportunity to secure funding to build our 100,000 sq. grow center in Southern Colorado. This is a project we're very excited about and look forward to providing a high quality product to Colorado's dispensaries, with many of whom relationships have already been established. Negotiations have begun to secure the real estate necessary to build out the grow center.



In closing we're exited over the news of the passage of HB19-1090, the Company can now move forward in completing its due diligence on its pending acquisitions and apply for operational licenses. This has provided opportunities we are perusing vigorously.



As always, we here at Red Creek appreciate your patience and support.
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