Can you provide the copy of the link from the SEC that shows they actually got that money, I don’t see that on the 10-k or the 10- Q to follow
Atlanta, GA , March 21, 2018 (GLOBE NEWSWIRE) -- Us Highland Inc. (OTCMKTS: UHLN) ("The Company"), is excited to announce that is to receive up to a $3.5 million direct investment from Carden Capital, LLC (Through its affiliate Pikeminnow Funding, LLC).
According to agreement, CCAP will purchase common stock of up to three million five hundred thousand dollars ($3,500,000) once a registration statement is filed.
I see the purchase of true foods which occurred in the same month but no record of the $3.5 million in question.
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 $115,000 related to this acquisition.
Thanks man, i really appreciate it! Yea, financials are pretty f#$ked up. Making no money, big dilutor. I hope something changes with this company. PRs dont come as often as they should to let us know what's going on.