Back to Newsroom
Back to Newsroom

The Following Letter Was Sent to Vincent Mehdizadeh, Founder and Former Majority Shareholder Of Medbox, Inc. (OTCQB: MDBX) by the Company's President and Chief Executive Officer, Jeff Goh:

Friday, 04 September 2015 09:00 AM

Medbox, Inc.

LOS ANGELES, CA / ACCESSWIRE / September 4, 2015 /

Dear Vince,

As Medbox moves forward in its next stage of growth and development, I want to personally extend my gratitude and thanks on behalf of the management team and board of directors.

Corporate transitions are always challenging. Please know that your recent voluntary cancellation and retirement of all of your Medbox preferred shares and three million of your common shares, effectively relinquishing a majority voting position, was very much appreciated as a benefit to the shareholders of Medbox.

As a management team, we are working hard and moving forward vigorously on a positive path to create a great company, pursuing solid business opportunities afforded by the burgeoning cannabis sector for the benefit of patients, as well as to meet our collective long-term goal of creating sustainable shareholder value.

I look forward to keeping you and all of our shareholders apprised of our progress.

Sincerely,

/s/Jeff Goh

Jeff Goh
President and Interim Chief Executive Officer

SOURCE: Medbox, Inc.

Topic:
Company Update
Back to newsroom
Back to Newsroom
Share by: