shell3
2 months ago
November 15th is 6 Months
May 15, 2024 (the “Agreement”) with Omega Laboratories Inc of Ohio, USA (“Omega Laboratories” or “Omega”). The Agreement provides a pathway for commercialization of Cannabix’s marijuana breathalyzer technology.
They have a series of ways to gather the 11,000,000 Warrants set a side but 1st deadline of 3,000,000 is November 15th
R&D Phase
3,000,000 of the Special Warrants will convert into Special Warrant Shares upon Omega completing a Validation Packet for Cannabix Hardware under forensic testing validation requirements. Omega will have six (6) months from the date of the Agreement to complete and certify a Validation Packet of Cannabix Hardware;
It would be nice to see them receive these Warrants on the Oct Monthly Report due the 5th of Nov and the pathway to being use would be started
They get more Once the white paper is done but have 12 Months or forward to May 15th 2025 making 12 Months
2,000,000 of the Special Warrants will convert into Special Warrant Shares upon Omega successfully converting the Validation Packet data into a white paper for publishing in peer reviewed journal and the submission of a formal proposal to use Cannabix Hardware in a prominent study. Omega will have twelve (12) months from the date of the Agreement to complete this milestone; and
Chart to me says it’s ready to go or buy more if the price drops