INCC executes Definitive Acquisition Agreement with GroPro Systems, Inc.
June 30 2014 - 1:45PM
Access Wire
Sarasota, FL / ACCESSWIRE / June 30, 2014 / INCC
reported that it executed a definitive acquisition agreement with
GroPro Systems, Inc today. Pursuant to the
agreement, the closing shall be on July 7, 2014.
GroPro Systems, Inc. has engaged Shutts&Bowen as its
intellectual property counsel.
"We are excited about the GroPro acquisition and believe it will
help people grow more efficiently~saving time and money!",
commented Antonio F. Uccello III, INCC Chairman and CEO.
"This is an exciting time for GroPro Systems, Inc. We
believe that with our system, we have the better mouse trap, and
with International Consolidated Companies, Inc. capital and
guidance our product should hit the market by end of Q3!",
commented Constantine J. Mehos, President of GroPro Systems,
Inc.
In an effort to provide investors the most current information
and at the advice of our counsel, we will be filing q2 (June 30,
2014) current information with OTC markets on or before July 11,
2014.
Three Billion share certificate was overnighted to the transfer
agent today June 30th, 2014 for it's return to
treasury.
Medical Cannabis Holdings, Inc. (INCC) is focused on acquiring
and growing businesses that provide services or technologies that
assist the growers and patients in addition to the production and
marketing of marijuana for medical use.
About Medical Cannabis Holdings, Inc. (Formerly
International Consolidated Companies, Inc.)
International Consolidated Companies, Inc. (OTC: INCC) is a
publicly-traded company focused on acquiring and operating
businesses and technologies that will help drive efficiencies in
the medical marijuana market.
Forward Looking Statements Except for historical
information contained herein, this document contains
forward-looking statements within the meaning of Section 21-E of
the Securities Exchange Act of 1934. These statements involve known
and unknown risks and uncertainties that may cause the Company's
actual results or outcomes to be materially different from those
anticipated and discussed herein. Further, the Company operates in
industries where securities values may be volatile and may be
influenced by regulatory and other factors beyond the Company's
control. Other important factors that the Company believes might
cause such differences are discussed in the risk factors detailed
in the Company's annual reports on Form 10-K and its quarterly
reports on Form 10-Q both as filed with the Securities and Exchange
Commission, which include the Company's cash flow difficulties and
rapid development of technology, among other risks. In assessing
forward-looking statements contained herein, readers are urged to
carefully read all cautionary statements contained in the Company's
filings with the Securities and Exchange Commission.
If you have any questions regarding information in these press
releases please contact the company listed in the press release.
Our complete disclaimer appears here.
Contact Information:
Antonio Uccello
www.medicalcannabisholdings.com
auccello@medicalcannabisholdings.com
International Consolidated Companies, Inc.
(941) 677-2055
SOURCE: International Consolidated Companies,
Inc.
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