Sarasota, FL / ACCESSWIRE / June 30, 2014 / INCC reported that it executed a definitive acquisition agreement with GroPro Systems, Inc today. Pursuant to the agreement, the closing shall be on July 7, 2014.
GroPro Systems, Inc. has engaged Shutts&Bowen as its intellectual property counsel.
"We are excited about the GroPro acquisition and believe it will help people grow more efficiently~saving time and money!", commented Antonio F. Uccello III, INCC Chairman and CEO.
"This is an exciting time for GroPro Systems, Inc. We believe that with our system, we have the better mouse trap, and with International Consolidated Companies, Inc. capital and guidance our product should hit the market by end of Q3!", commented Constantine J. Mehos, President of GroPro Systems, Inc.
In an effort to provide investors the most current information and at the advice of our counsel, we will be filing q2 (June 30, 2014) current information with OTC markets on or before July 11, 2014.
Three Billion share certificate was overnighted to the transfer agent today June 30th, 2014 for it's return to treasury.
Medical Cannabis Holdings, Inc. (INCC) is focused on acquiring and growing businesses that provide services or technologies that assist the growers and patients in addition to the production and marketing of marijuana for medical use.
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.