Pure Harvest Corporate Group Inc (PHCG)

[allenc]

PHCG- From this mornings 8K:


On July 2, 2021, the Company entered into a definitive share purchase agreement (the “Agreement”) with Kingpins International, Inc. (“Kingpins”).

 

The equity investment is expected to occur in two tranches. For the first tranche, Kingpins will pay $15,000,000 for shares of the Company’s restricted common or preferred stock prior to August 16, 2021. For the second tranche, Kingpins will pay $15,000,000 for shares of the Company’s restricted common or preferred stock within ninety (90) days of the funding of the first tranche.

$30M is alot of cash. something big happening behind the scenes here? Very interesting for sure. JMO