InvestorsHub Logo
Followers 4
Posts 1016
Boards Moderated 2
Alias Born 08/25/2018

Re: None

Saturday, 04/06/2024 10:18:15 AM

Saturday, April 06, 2024 10:18:15 AM

Post# of 20169
Alex Leo's failed deal with Cann-American didn't make this report as it was so short lived. Scammer Alex Leo was out almost instantly!

https://www.nasdaq.com/press-release/cann-american-corp.-provides-2023-shareholder-update-and-details-of-new-mou-2023-01

CLOVERDALE, CA / ACCESSWIRE / January 10, 2023 / Cann American Corp. (OTC PINK:CNNA), the "Company", a holding company building a diverse portfolio of intellectual properties, is pleased to announce a shareholder update for 2023.

On October 31, 2022, the Company entered into an asset purchase and change of control with a gaming and technology company. Due to unforeseen circumstances, the parties agreed, mutually, to unwind that deal and return the parties to as they were prior to the agreement.....
Stated Cann American CEO, Jason Black: "Sometimes what appears to be a setback is a blessing in disguise. Though, I was disappointed that the Mark2 deal wouldn't proceed after so much effort had gone into it,



https://www.nasdaq.com/press-release/cann-american-corp.-completes-asset-purchase-and-change-in-management-2022-11-02

CLOVERDALE, CA / ACCESSWIRE / November 02, 2022 / Cann American Corp. (OTC Pink:CNNA), the "Company", a holding company building a diverse portfolio of intellectual properties, is pleased to announce an asset purchase and new management.

On October 31, 2022, the Company completed the asset purchase of Mark2media group as a majority owned subsidiary of Cann American Corp.

Mark2media Group is a technology company with a vision to develop and distribute applications globally under a unique business model that eliminates heavy end user costs. Mark2 is registered with Google Play, Apple Store, Steam and Oculus.

As a condition of the asset purchase, Mark2media's CEO, Alexander Woods-Leo, was appointed as Director and CEO of Cann American Corp. Mr. Alexander Woods-Leo is a published developer and patent holder with over a decade of experience with public companies and financial services.

New management intends to rapidly expand Cann American into a diversified holding company. In addition to the Mark2 acquisition, the Company is currently negotiating additional acquisitions and preparing for additional board appointments.

Finally, the Company intends to restructure previous debt arrangements in order to preserve the Company's capital structure and shareholder value, while immediately beginning the audit process for the sake of up listing to the OTCQB exchange. Additional updates will be forthcoming.

Stated Cann American CEO, Alexander Woods-Leo: "I'm very excited for the opportunity to embark on this new era for Cann American and its shareholders. I have a bold new vision and direction for the Company and look forward to a bright future for Cann American."