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Saturday, May 30, 2020 10:20:22 AM
Joint Venture, to be named,
a corporation to be organized under the laws of Wyoming ("JOINTVENTURE"), to be the joint venture entity, to be owned 51% by INDOOR and 49% by owners of FINCANN.
The JOINTVENTURE will issue INDOOR a total of 51 percent of its common stock and issue FINCANN 49 percent of its common stock.
INDOOR, via the Venture, will effectively undertake a limited acquisition of FINCANN, by ownership of stock.
JOINTVENTURE will be a corporation organized as a State of Wyoming corporation. Wyoming currently offers a variety of advantages over traditional corporate finance venues, like Delaware and Nevada.
INDOOR will file for the creation of the JOINTVENTURE entity.
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