DrivenByPain
2 months ago
Page #27 NOTE K-SUBSEQUENT EVENTS
The controlling shareholders of SGD Holdings Ltd. have entered into a Stock Purchase Agreement
as of April 15, 2024. The sale of control is contingent upon the acquisition of new operations
meeting the due diligence requirements of the Company, as well as of the Buyers. The transaction
was supposed to close on April 19, 2024. The Parties intend to execute an extension so both Parties
may complete their due diligence. The change in control would result in a change of management
as well as the operations of the business. There is no guarantee this transaction will close. In the
event the transaction does not close, the Company will continue to operate its existing business.
NOTE L – OTHER MATTERS
The Company entered into a Consultant Agreement to explore potential acquisitions in the
Cannabis Industry as well as outside of this industry that will potentially enhance shareholder value
of the Company.
The Company received notice during the 4th quarter of 2021 from the accredited investors holding
debt instruments in the Company that all convertible promissory notes and accrued interests were
forgiven, effectively immediately. The forgiveness-cancellation of the debt instruments and interests
was due in part to the reinterpretation of the SEC Regulations governing Convertible Promissory
Notes.
https://www.otcmarkets.com/otcapi/company/financial-report/402329/content
DrivenByPain
2 months ago
Impressive Colorado State-of-the-Art grow facility & Dispensary! Here is a unique opportunity to purchase BOTH of these incredible businesses in one great package. The Turn-key Grow Facility sits on 35 acres, with 4.5 acres being completely fenced and compliant with Colorado MED security requirements. On-site is a 3,000 sq. ft. Olympia Steel Building, a 1,400 sq. ft. Steel double insulated curing/processing building, five Conex 8x40 storage containers, six 3,000 sq. ft. Climate Controlled Greenhouses, and a 3,300 sq. ft. Nexus Light Deprivation Greenhouse, Commercial Water Well, 2-10,000 gal storage tanks, and a water purification system. This is a unique opportunity to begin operations immediately. Current State Cultivation License /County Use Permit are transferable.
https://www.remax.com/co/walsenburg/home-details/2340-bennett-rd-rye-co-81069/18229975153193902294/M00000120/214073
https://opencorporates.com/companies/us_co/20151378875
https://opencorporates.com/companies/us_co/20151378875
DrivenByPain
2 months ago
Lawmakers, Advocates And Stakeholders React To Biden’s Marijuana Rescheduling Announcement
The Biden administration’s announcement about its formal move to reschedule marijuana has elicited another round of applause from lawmakers, industry stakeholders and advocacy groups.
While the Justice Department already confirmed two weeks ago that it would be moving to place cannabis in Schedule III, rather than Schedule I, of the Controlled Substances Act (CSA), President Joe Biden officially announced the action on Thursday. And Attorney General Merrick Garland has now initiated the formal rulemaking process.
https://www.marijuanamoment.net/lawmakers-advocates-and-stakeholders-react-to-bidens-marijuana-rescheduling-announcement/
DrivenByPain
2 months ago
NOTE A /Page 21 https://www.otcmarkets.com/otcapi/company/financial-report/402329/content
The Company entered into the Medical & Recreational Cannabis industry during the 2nd Quarter of
2017 in the State of Colorado. The Company locates properties and opportunities that can be utilized
by businesses in the cannabis sector for retail or other cannabis related uses with the intent to sublease
such properties to such businesses. In addition, the Company has assembled or intends to assemble a
group of passionate cannabis experts with expertise devoted to providing consulting services for
property management, license procurement, facility design and construction, systems engineering,
equipment, and materials sourcing, management, and compliance.
An example of the type of service and support the Company has provided and intends to provide in
the future includes its recent role in assisting C1B True Organics LLC (C1B) in the opening of a retail
store for the recreational sale of cannabis. C1B True Organics LLC under a sublease with SGDH
opened its doors for business on June 26, 2020. SGDH’s staff provided substantial assistance in the
complete renovation of the C1B True Organics retail building and property located at 601 US Hwy
85/87 in Walsenburg, Colorado. SGDH co-managed the entire process with the general contractor
from concept to completion which included navigating all local and state codes and procuring quality
subcontractors and vendors. C1B’s opening weekend attracted over 200 customers and considered its
opening a big success.
DrivenByPain
2 months ago
?Logan Fast Accredited Investor Shareholder 1298 So. 900 East Salt Lake City, Utah 84105
Number of
shares owned 15,000,000
Go To Page #8 https://www.otcmarkets.com/otcapi/company/financial-report/402329/content
https://www.google.com/maps/place/1298+S+900+E,+Salt+Lake+City,+UT+84105/[@ userid=111].8655996,16z/data=!3m1!4b1!4m5!3m4!1s0x8752f553ae1fc007:0x26f1372e43cafd1d!8m2!3d40.741752!4d-111.8655996?entry=ttu