PURA ANNOUNCES DTC ELIGIBILITY; OTC CURRENT INFO STATUS IMMINENT
April 28 2016 - 09:31AM
InvestorsHub NewsWire
USMJ and PURA
Joint CEO Update Scheduled For Tuesday May
3rd
DALLAS, TX -- April 28,
2016 -- InvestorsHub NewsWire -- Puration, Inc. (PURA)
announced today that the Company has become eligible for the
book-entry delivery and depository services of The Depository Trust
Company (the "DTC") to facilitate electronic settlement and
transfer of its common shares.
The DTC, a
subsidiary of the Depository Trust & Clearing Corporation
(DTCC), manages the electronic clearing and settlement process of
publicly traded companies. Securities approved for electronic
clearance and settlement through the DTC are considered "DTC
eligible." This electronic method of clearing securities
streamlines the settlement process for investors and brokers.
DTC eligibility enables stock to be traded over a wider selection
of brokerage firms that require DTC eligibility as a
prerequisite.
Company
management further indicates that all reports required by OTC
Markets for Puration to meet ‘Current Information’ standards are
anticipated to be filed by close of business this
week.
Puration, Inc.
and North American Cannabis Holdings, Inc. (USMJ)
plan to release a joint CEO Shareholder update on Tuesday, February
28th. The two Companies are engaged together in
the development of a line of cannabis infused sports and fitness
supplements under the brand name EVERx. An initial EVERx
inventory was recently shipped for retail distribution. The
joint CEO presentation will provide an update on the two Companies
joint efforts to include a planned dividend distribution of
Puration Stock to North American Cannabis Holdings shareholders in
conjunction with the initial agreement struck between the two
Companies earlier last year. The presentation will also
cover independent updates specific to each
Company.
Learn more about
Puration, Inc. and keep up to date on the rapid changes
anticipated throughout 2016 on the Company's website: http://www.purationinc.com/
About North
American Cannabis Holdings,
Inc.
North American
Cannabis Holdings, Inc. (USMJ) is founded on the core belief that
cannabis makes people's lives better. Cannabis can fight disease,
improve wellness and do so in an environmentally sustainable
manner. North American Cannabis Holdings is dedicated to finding
the best possible applications for cannabis to serve consumers. For
more information please visit http://www.growusmj.com.
Follow the
company on Twitter: https://twitter.com/US_HEMP.
This press
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), and as such, may involve risks and uncertainties.
These forward looking statements relate to, among other things,
current expectation of the business environment in which the
company operates, potential future performance, projections of
future performance and the perceived opportunities in the market.
The company's actual performance, results and achievements may
differ materially from the expressed or implied in such
forward-looking statements as a result of a wide range of
factors.
CONTACT:
North American Cannabis Holdings, Inc.
Phone: +1-972-528-0162
Email: Info@growusmj.com
Puration,
Inc.
Phone: +1-214-217-4000
Email: info@purationinc.com
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