PURA Cannabis Cultivation Update: PAOG Announces Management Takeover and Medical Cannabis Strategy Revitalization
July 14 2020 - 10:55AM
InvestorsHub NewsWire
Dallas, TX -- July 14, 2020 --
InvestorsHub NewsWire -- Puration, Inc. (OTC
PINK: PURA) today highlighted the completion of the first step
in a multistep deal to reposition its cannabis cultivation spinoff
and issue a dividend to shareholders. See the news below
released by PAO Group, Inc. (OTC
PINK: PAOG). The management takeover announced by PAOG is
the first step intended to lead to the acquisition by PAOG of
PURA’s cannabis cultivation spinoff and merger with Kali-Extracts’
(KALY)
NCM Biotech. The PAOG plan with PURA and KALY includes a
dividend distribution of PAOG stock to PURA shareholders. See
details in the news released earlier today by
PAOG:
PAOG Announces Management Takeover and Medical
Cannabis Strategy
Revitalization
Forward-Looking
Statements: Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Technical
complications, which may arise, could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The Company undertakes no duty to revise or update any
forward-looking statements to reflect events or circumstances after
the date of this release.
CONTACT
INFORMATION:
Contact Us:
Jim DiPrima
888-272-6472
info@pao.group
Puration,
Inc.
Brian Shibley,
info@aciconglomerated.com
(800)
861-1350
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