Bet Petersen will resign soon as FMHS CEO
On August 6, 2018, there was a change in control of the Company, whereby four controlling stockholders sold (i) an aggregate of 5,484,000 shares of the Company’s common stock, representing approximately 91.4% of the Company’s then outstanding shares; and (ii) a certain outstanding Company issued Promissory Note and accrued interest in the sum of $266,681, for the aggregate cash purchase price of $115,000.00 paid to the sellers. The buyers were G. Reed Petersen
and Jeff Holmes. Contemporaneous with the transaction, the current Board of Directors resigned and Mr. Petersen became the new director, President, CEO and Secretary. On December 12, 2018, we completed discussions with Farmhouse, Inc., a Washington corporation, and executed a triangular merger, whereby the Company acquired Farmhouse as a wholly owned subsidiary. The merger closed on February 1, 2019 and we became engaged in the business of a platform provider to the regulated cannabis industry. We intend to divest our mineral properties.
On January 24, 2019, our Board of Directors appointed Evan Horowitz, Michael Landau and Brian Holmes as new directors, and G. Reed Petersen, our incumbent director, President, CEO and Secretary, tendered his resignation. https://www.streetinsider.com/SEC+Filings/Form+8-K+WeedClub%2C+Inc.+For%3A+Feb+07/15096241.html