Medical Cannabis Holdings, Inc. (Formerly International Consolidated Companies, Inc.) provides interim update.
SARASOTA, FL / ACCESSWIRE / May 29, 2014 / International Consolidated Companies, Inc. (OTCQB:INCC) ("INCC" or "the Company") an emerging technology aggregator focused on new and proprietary technologies that will help medical cannabis patients, today announced that it has made substantial progress in connection with their ongoing efforts to:
1.Engaged CPA to complete Financial Statements needed to bring it’s status with OTC markets current (within 30 days);
2.Engaged contractors to complete corporate branding / website (expects end of July);
3.Reviewing several potential solutions for removing DTCC chill.
"I am pleased that our substantial efforts to bring the company current, rebrand according to our new and exciting direction and negotiating acquisitions should ensure we deliver maximum long term value to our shareholders” added Antonio Uccello, President and CEO.
About Medical Cannabis Holdings, Inc. (Formerly International Consolidated Companies, Inc.)
International Consolidated Companies, Inc. (OTC: INCC) is a publicly-traded company focused on acquiring and operating businesses and technologies that will help drive efficiencies in the medical marijuana market.
Forward Looking Statements
Except for historical information contained herein, this document contains forward-looking statements within the meaning of Section 21-E of the Securities Exchange Act of 1934. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's annual reports on Form 10-K and its quarterly reports on Form 10-Q both as filed with the Securities and Exchange Commission, which include the Company's cash flow difficulties and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in the Company's filings with the Securities and Exchange Commission.
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International Consolidated Companies, Inc.
SOURCE: International Consolidated Companies, Inc.