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PENNIEStoSTACKS

01/06/20 11:30 AM

#9981 RE: OTC Shark #9979

IN JANUARY IGPK WILL close the stock swap transaction with an operating dispensary in Los Angeles generating over $400,000 a month in sales, adding revenue to the Company in Q1 2020.
Enter into a new contract to purchase the farm in Wisconsin, begin land prep for the new processing building, and order the building.
Revise and file the S-1.
Close the JV for Cannabis Manufacturing and Distribution in Los Angeles
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;-)

In February the Company will begin ordering equipment for the processing plant.
Will have the site ready for the building.
Obtain financing commitments to purchase 50% of the dispensary in Los Angeles.
Submit CUP plan for Lancaster, California.
Submit application for the OTCQB.
Complete over haul of the website and social media sites.
The changes taking place in January only affect the written portion of the S-1, not the financials that will be reported as these are all subsequent events.
The S-1 is key to IGPK's long-term success. With the S-1 in place IGPK can seek financial commitments to purchase the farm and purchase another 50% of the dispensary in Los Angeles.
The S-1 tells institutional level investors we value them and are committed to transparency. We have held discussions with investment firms who finance cannabis operations. These investment firms only invest in SEC reporting companies. Raising money in the OTC is hard enough. IGPK recognizes it needs to give prospective investors many reasons to invest, including moving from OTC Pink to a higher exchange.
IGPK's priorities for early 2020 are filing the S-1 with the SEC, closing the pending deals in California, getting uplisted to the OTCQB, getting the CUP application submitted in California, obtaining the CUP for the farm in Wisconsin, closing the farm in Wisconsin, becoming revenue producing Q1, and a startup of the processing lab no later than April.
As we close 2019 we look forward to the start of 2020 and all the exciting changes coming to IGPK over the coming weeks.
Integrated Cannabis Solutions, in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg FD.
https://ih.advfn.com/stock-market/USOTC/integrated-cannabis-solutions-IGPK/stock-news/81413288/integrated-cannabis-solutions-shareholder-update