Dallas, Texas--(Newsfile Corp. - July 14, 2020) - 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
[email protected]
Puration, Inc.
Brian Shibley,
[email protected]
(800) 861-1350
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59733
