$SKDI Alert ! Key Points - PR Dated April 7, 2020.
Preparing for future acquisitions.
Debt forgiveness of $242,595 - all of the outstanding debt, with interest, removed from the liabilities and forgiven, with no consideration due.
Extremely satisfied with their tough negotiating stance which leaves Green Light with no equity or debt position whatsoever in $SKDI.
Exciting acquisitions and partnerships in the works.
This further enhances the attractive propositions on the market right now with their liabilities being reduced by such a significant amount.
Already effected a massive 80% reduction in its Authorized Share Capital in preparation for its previous acquisition of Products Group.
Products Supply Group - doing business as Hakuna Supply - received the DOPE Magazine Best New Product award for Southern California in the non-cannabis / non-tech category in 2017.
Hakuna has established high-end CBD-based products including:
- CBD Hemp Roast Coffees.
- CBD Coffee Bundles.
- CBD Tea Bundles.
- CBD Drink Drops.
- CBD Gummies.
- CBD Flower.
- A range of premium CBD Teas.
- Other premium products.
Now entering closing stage of the next significant acquisition and expect their overall valuation to increase dramatically over the next several months.
#SKDI is an emerging leader in the CBD-based products marketplace.
Pursuing meaningful acquisitions as part of an aggressive M&A strategy designed to position Sun Kissed as a dominant player in a well-defined, high-growth niche within the rapidly expanding CBD sector.
