Right after the close on July 18th, the CEO added an update to his web-site.
- July 18, 2014 - We have executed three different LOI's. (Letter of Intent) - These JV companies will all be spun-off (Joint Venture) - as separate publicly quoted companies. - Some will be dual listed in Europe to start - and some will also list in Asia.
* Producing Silver mines * Global distribution of Medical Marijuana constituents, (these are non-psychotropic products) * Dry goods from China for North & South American markets.
- July 8, 2014 - Deal flow has been exceptionally strong and we are working on - multiple opportunities.
- July 2, 2014 - We have an excellent opportunity with a licensed medical grower - that wishes to go public. - We will essentially be doing an IPO for them - in the form of a spin-off. - It will include a stock dividend to all holders of USTC.