Yup...
On October 8, 2019 the Company and Integrated Cannabis Solutions, Inc. (IGPK)
reached an agreement with respect to its ownership of 540,000,000 Common shares of
IGPK. According to the terms of the agreement IGPK agreed to file an Amended
Certificate of Designation for its Preferred stock and created two new Series of
Preferred stock.
IGPK Series C Preferred is:
- convertible into IGPK Common at $1.00 per share
- carries no voting rights
- is Callable by IGPK
- and IGPK has a first right of refusal to purchase the Preferred shares before any
conversions or sales