Tuesday, February 06, 2024 10:40:51 AM
Series K shareholders have agreed to a restructuring and spin-off and Pervasip has announced the plans in its March 2, 2023 press release.
1. Spin out all cannabis assets into a standalone entity and uplist to OTCQB, preserve 15% of all stock for float (= current fully diluted %), AND all debt dilution NOT carried by current float but converted K shareholders! Thank you!
2. The remaining Pervasip as a second standalone will see a REDUCTION of KShares from 85% to 20%. NO RS!
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM