********$EFFI CATALYSTS UNDERVALUED MJ COMPANY *********
Company decided it will not increase its authorized common shares or to enact any share splits or reverse share splits.
Company revenue increase over 900% in net sales of $247,000 for the calendar year ended December 31, 2016
Company has retained SEC legal counsel and an independent certified public accountant in order to commence the preparation of a Form S-1 registration statement in order for the Company to be a fully reporting issuer by the end of this year.
Company is in preliminary discussions with its largest debt holder along with an unaffiliated third-party investor, which could provide not only for certain financial flexibilities, but also could include an infusion of new capital
Company has received an initial order of three hundred (300) bags per month
Company decided to sell the suite of five individual industry-specific patents which focus on technologies and methodologies that improve the efficiency of gas discharge lighting systems,
**********The biggest part of the news everyone missed**********
The Company has developed and intends to further implement a technology-based "incubator model" for each of these business segments or verticals, along with possible future related businesses or activities, with an intent at some future date to either spin-off or sell each segment or vertical, either in whole or in part. The Company believes that this "incubator model" approach will maximize the Company's value by providing shareholders with the ability to participate in the ownership of any separate segment or vertical spinoffs.
What this means is $EFFI will have 3 tickers which each shareholders will receive shares from each of the 3 stocks means values is 3x and 3x larger pps. So holding $EFFI will get you stocks in 3 new tickers.
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