News Focus
News Focus
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meikodog

05/25/18 8:09 AM

#28786 RE: davidsson10 #28785

'copasetic' lol
'A soon to be announced acquisition will be LARGE. It has taken weeks to create a copasetic acquisition transaction.'

Also, 'The Company also announced the departure of Sal Rincione from its staff. “The new direction of the company is outside Mr. Rincione’s skill set. We wish him the best in all his future endeavors,” said Mr. Dickson.'
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DimSum14

05/25/18 8:09 AM

#28787 RE: davidsson10 #28785

BIG NEWS! $UHLN
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Tim Stock-er

05/25/18 8:44 AM

#28790 RE: davidsson10 #28785

Sal is gone. An announcement to say that they will be making an announcement. That's what I got out of it.
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jdstinger

05/25/18 11:55 AM

#28823 RE: davidsson10 #28785

Acquisition will be LARGE. It has taken weeks to create a copasetic acquisition transaction. We are excited to complete the integration

I believe this will announced shortly. They want the new business plan to move in this new direction ASAP

JD
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doogdilinger

05/25/18 12:29 PM

#28831 RE: davidsson10 #28785

Supreme Sweets bakery in Toronto...they've been seeking financing for expansion forever.
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doogdilinger

05/25/18 12:40 PM

#28837 RE: davidsson10 #28785

Actually now that I read the news once again it looks like the news is entirely to do with Supreme Sweets...so if I had to guess the Supreme Sweets deal they're also talking about closing is somehow connected to the Trufood closing>>>

On March 8, 2018, the Company entered into a share exchange agreement with TruFood Provisions Co (TruFood). Per the agreement, the Company will exchange 65% of the issued and outstanding stocks of US Highland, and cash, for 100% of the equity of TruFood. It is expected that all other debt related to the operation of TruFood will be retired at or prior to the closing date. As of March 31, 2018, the Company had deposited $115,000 related to this acquisition.