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Friday, March 07, 2014 10:35:12 AM
1. Ousting Eddie Vakser as PRPM CEO and Board Chairman.
2. Commencement of Franchise Program in $200M market place.
3. Acquisition of KOLBE GLOBAL LOGISTICS LLC, who has developed various blends of "juice" for cannabis vape pens geared toward the medical use or recreational use cannabis consumer. In addition, KOLBE to focus on "their extensive background in logistics by forming a secure MJ distribution service, fully automated with a custom version of their APOLLIOS software. Kolbe is conservatively forecasting sales at $500,000 in 2014 and $7,000,000 in 2015."
4. Cancellation of Reverse Stock Split due to significant interest from Large Investment Groups and Hedge Funds.
5. Possible retirement and/or buyback of stock given the interest of Investors and Hedge Funds who understand the future value potential of PRPM.
6. Davyd Field joins the Luxuriant BOD. In addition, Mr. Fields to invest in PRPM.
7. Vortex Waterpipes to handle marketing and media production for Luxuriant given their 420 Industry experience and contacts.
8. Joint Venture with Vortex in the design and manufacture of GLOW LED water pipes.
9. Luxuriant developing specialized MJ Industry ERP software called MaryGen to be completed in 2-3 months and an additional revenue stream.
10. Luxuriant acquires Vortex Waterpipes - $300M annual revenue + 420 Industry experience and contacts. Financed through 144 RESTRICTED stock.
11. Luxuriant to exhibit at Denver's Buyers Industry Guide in April. Access to all the relevant MJ Industry players.
12. First large scale partnership with Plan C Farms. 21,000 sq.ft location with estimated annual revenue of $24M.
13. Luxuriant's website goes live 3/6/14 with a soft launch.
14. Funding commitment with Mastiff LLC for $ 5,000,000.
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