$SKDI New York, New York--(Newsfile Corp. - January 30, 2020) - Sun Kissed Industries Inc. (OTC Pink: SKDI) ("Sun Kissed", "SKDI", or the "Company"), an emerging player in the CBD marketplace, is pleased to announce that, in preparation for the upcoming closing of its acquisition of Products Supply Group, it is reducing its Authorized Shares from the current figure of 10B shares to 1.2B shares only.
Sun Kissed CEO, Mr. Carl Grant, stated today that, "We are now at the final pre-closing stage where we get our house in order and structure the stock more effectively, so that we can proceed towards a timely closing within the next few days. These are extremely exciting times and I am incredibly pleased to be able to reduce the authorized share capital so significantly."
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