– The reduction will significantly reduce the Outstanding shares of the Company
– This will allow the Company to reduce the Authorized shares
– The share reduction should be completed within the next two weeks
via OTC PR WIRE — Integrated Cannabis Solutions, Inc., (OTCPINK:IGPK) is finalizing a transaction to cancel over 500 million of its Outstanding Common shares.
Once the shares of Common stock have been canceled, the Company will file an Amendment with the State of Nevada to reduce the amount of Authorized shares by the same amount.
The two reductions should be completed within the next couple of weeks.
Integrated Cannabis Solutions, Inc. – is seizing on the momentum of the new Hemp bill in Wisconsin once known as “The Hemp Capital” of the United States. Integrated has been granted a license to Grow and Process Hemp in Wisconsin. The farm IGPK is purchasing once grew hemp and tobacco and currently grows corn, hemp grows wildly on the farm and surrounding farms.
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.
This news release contains “forward-looking statements” as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, estimates of services and equipment markets, release of corporate apps, growth of platform, target markets, product releases, product demand and, business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also consider that any investment in securities is at risk.
Details of the Company’s business, finances, appointments and agreements can be found as part of the Company’s continuous public disclosure on otcmarkets.com.
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