Notis Global Inc. (fka NGBL)

[tigerpac]

Am I reading this right? Looks like Notis sold all those shares for $250K in cash.

Tim Orr, President of Gridiron BioNutrients commented, "We are excited to execute on these key steps to accelerate our business growth. We executed a Collaboration Agreement with Notis Global, Inc.; where each party brings their expertise to evaluate business opportunities within the hemp CBD supply chain including cultivation, extraction, purification and retail products. GMVP was issued 2.5 billion shares of NGBL common stock as consideration. Moreover, we also executed a Biomass Supply Agreement with Shi Farms, located in Colorado that provides us consistent Hemp Biomass supply on a monthly basis with fixed pricing. I believe executing these important steps will provide Gridiron positive momentum in moving its business forward."

More detailed info here:

https://ih.advfn.com/stock-market/USOTC/gridiron-bionutrients-qb-GMVP/stock-news/81677885/current-report-filing-8-k

Shareholders will never see a dime IMO.