$LTHO Must Read DD package! Massive gain potential!
Confirmed share structure, per CEO, as of November 21st 2019
A/S 100 million O/S 5.732 million Float 350K
Quote from May 2019 newsletter:
To that end LTHO is working with a Farming group that has 120 acers of land for 2019 hemp crop, LTHO is establishing Pure Spectrum Systems Inc for the extraction hemp oil and LTHO is looking at acquiring a Hemp retail company that manufactures their own products and has been operational for over 2 years in Colorado and is on track to do 3 million in sales this year
Legacy Technology Holdings Inc (LTHO: OTC) is an OTC publicly traded company. That will be acquiring an Extraction Company that will focus on providing the extraction of the hemp from the bio-mass and then providing extracts for our retail company as well as extracts and distillates that other wholesale customers may request.
LTHO is in the process of buying a finished product manufacture of hemp products that also has a direct retail presence.
CFO – Anthony J Panasuk...has founded several successful companies to include merchant processing and industrial hemp related...
Piecing the DD together:
Early 2018 James Clark filed form D reflecting his position as the new LTHO CEO
In May of 2019, he announced Anthony Panasuk as the company's new CFO
In the May 2019 news letter, Clark was quoted explaining an acquisition target being in business for just over 2 years and doing over $5 million in annual sales.
Upon further investigation, it was discovered that CFO Panasuk started and is the registered officer of Pure Hemp Collective Inc. (PHC), a Colorado company that has been in business for just over 2 years and is on track to do close to $6 million in sales for 2019
When asked about PHC, Clark could not comment but did praise PHC and did not deny they are the target company. He explained updates have been slightly delayed but are still forthcoming in the very foreseeable future.
Below are pics of state licenses verifying the connection of all mentioned DD
Note, Mr. Panasuk, LTHO's CFO. Company also incorporated just over 2 years ago
Zoominfo confirming estimated revenues of Pure Hemp Collective
Disclaimer: Nonprofessional individual investor who may own, not own, buy, or sell stock mentioned in posts. I never accept compensation to post. Consult an investment professional when investing. http://investorshub.advfn.com/Sobeks-Stock-Forum-32420/
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.