Tuesday, October 25, 2022 1:40:03 PM
Conflicts of Interest
Our Chief Executive Officer has potential conflicts of interest because of his interests in entities with which we have license agreements. Our Chief Executive Officer owns 100% of our Preferred Shares and is also a Managing Member and 80% owner of Bullitt Point. We and Bullitt Point have completed a May 1, 2019 Letter of Intent to establish a joint venture project whereby in return for funding of $5,000,000 to the joint venture, we will hold 50% interest in all of Bullitt Point’s entertainment properties. Our Chief Executive Officer is also a Managing Member of Kannabis Kings. Accordingly, our Chief Executive Officer has potential conflicts of interest between his interests in Bullitt Point and our interests, and his interests in Kannabis Kings
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM