Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

23
$INQD new is a couple weeks old but I just stumbled across this one and thought I would share.
Post Flair (click to view more posts with a particular flair)
Post Body

For those of you that know the struggle the US cannibus industry has with not being able to use FDIC bank because it is still illegal at the federal level read this and tell me that this wont be huge. And for $.0041 entry price we can all get 2 lambosπŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€

NEW CEO and FINCANN: First Transaction As Part of its 2020 Acquisition Venture Plan AUSTIN, TEXAS, USA, May 11, 2020 /EINPresswire.com/ -- INDOOR HARVEST CORP. APPOINTS NEW CEO, AND NEW JOINT VENTURE, ACQUISITION WITH FINCANN

NEW CEO and FINCANN: First Transaction As Part of its 2020 Acquisition Venture Plan

Indoor Harvest Corp. (OTC: INQD) announced progress on, and the first transaction of, the 2020 New Outlook Plan validating Indoor’s approach to leverage Indoor as an attractive venture, merger, technology, partner through its public company platform. Indoor has had success this month in attracting a new CEO and contracting with FINCANN.

Indoor previously announced the Company seeks to market as a publicly trading company, with established auditing, transfer agent, management, market relationships, and shares that trade publicly, and other attributes, to have private companies with revenues, technology, contracts, assets, relationships and or other benefits, integrate with Indoor. The added benefit is a heightened level of interest from a variety of persons and firms in the private sector, leading to the Company to interact with and select, effective immediately, a new Chief Executive Officer, Mr. Leslie Bocskor

FINCANN advises it operates a network of cannabis-friendly U.S.-based financial institutions which service all segments of the multi-billion dollar cannabis industry. FINCANN supports the initial onboarding and due diligence phases to cost-effectively achieve a principal goal: stable, transparent, and simplified banking. Through FINCANN’s growing consortium of financial institutions, marijuana-related businesses (MRBs) in plant-touching and ancillary roles can access basic banking services without complicated workarounds. By obtaining a banking or merchant processing account through FINCANN, business owners no longer need to worry that they’ll lose their [color=red][/color]bank account or merchant processing services. By opening a bank account through FINCANN, the financial institution knows from the get-go that the business is in the cannabis industry, providing peace of mind for business owners whose accounts have been closed on them all too often, while eliminating the headache of searching for new financial solutions multiple times per year. FINCANN web address: https://fincann.com

The companies in March laid the foundation to now proceed with a Joint Venture and stock exchange deal (and other provisions or agreements), including an Option for Indoor to increase ownership in FINCANN. Indoor will hold 51% owner of the Joint Venture, FINCANN being the other 49% owner. As part of the establishment of the venture, Indoor will contribute a percentage of its issued common stock and FINCANN will do the same, such shares to be held by the JOINT VENTURE. It is anticipated the percentage will be 4.9 percent, up to 9.9 percent. The JOINT VENTURE will issue INDOOR a total of 51 percent of its common stock and issue FINCANN 49 percent of its common stock. The Parties will jointly own JOINT VENTURE and establish a formal business plan and operational protocols to jointly market and pursue business.

About New CEO, Leslie Bocskor

Leslie Bocskor, is the Chairman and founder of Electrum Partners, see below. He is a recognized industry consultant in the legal cannabis area, and interacts with mainstream media often being featured including Forbes, CNBC, The Wall Street Journal and more. He formed Electrum Partners in 2014 and became the founding chairman of the Nevada Cannabis Industry Association (NVCIA). He is an active speaker at industry conferences including the ArcView Group. Leslie began his career at Lehman Brothers and later went on to co-found Mason Cabot, a New York based investment bank focused on emerging technologies and finance. In 2005, he served as Managing Partner with Lennox Hill Partners. Bocskor is courts politicians, industry leaders, and investor firms, who seek out his groundbreaking analysis and insight into the cannabis economy. $$$$$ INQD $$$$$

Author
Account Strength
80%
Account Age
5 years
Verified Email
Yes
Verified Flair
No
Total Karma
448
Link Karma
117
Comment Karma
331
Profile updated: 2 days ago
Posts updated: 10 months ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
4 years ago