DALLAS, TX / ACCESSWIRE / January 19, 2017 / North American Cannabis Systems, Inc. (OTC PINK: USMJ) today announced that it has scheduled an online presentation for tomorrow to present the plans resulting from the management meetings last week in Miami with Alternet Systems, Inc. (OTC PINK: ALYI) to advance the transaction executed between the two Companies last month. On December 20, 2016, USMJ and ALYI announced a share exchange agreement between the two companies structured to launch a cannabis retail payment system to be offered by ALYI:
The meetings last week were set to plan for the specific next steps leading to the execution of the cannabis retail payment system business plan, in addition to the contractual exchange of securities, one of which is intended to result in a dividend distribution of ALYI common stock to USMJ shareholders.
USMJ recently published an online shareholder update following the transaction with ALYI. The presentation is available on the Company's websites and by clicking on the link below. The presentation is titled:
ALYI Financial Software Development Track Record
Alternet has a long-term track record in developing innovative financial services industry software solutions. The company is guided by a team of executives specializing in entrepreneurial endeavors, innovation, corporate strategy, financial and executive management of multi-national organizations, and a vast network of industry resources. Alternet recently developed a unique financial services solution which was successfully sold, allowing the Company to realize a 47% ROI.
To learn more about North American Cannabis Holdings: growusmj.com
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward-looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance, and the perceived opportunities in the market. The company's actual performance, results, and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
USMJ Contact:
Steven Rash
Phone: +1-972-528-0162
Email:
[email protected]
SOURCE: North American Cannabis Systems, Inc.