공시 • Nov 16
Integrated Cannabis Solutions, Inc. announced delayed 10-Q filing On 11/15/2022, Integrated Cannabis Solutions, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Oct 04
Integrated Cannabis Solutions, Inc. (OTCPK:IGPK) acquired Consolidated Apparel, Inc. from Eugene Caiazzo. Integrated Cannabis Solutions, Inc. (OTCPK:IGPK) entered into an agreement to acquire Consolidated Apparel, Inc. from Eugene Caiazzo on December 13, 2021. The consideration includes for IHS’ acquisition of 100% of Consolidated in return for the Seller’s consideration to the Buyer of 328,000 shares of our Convertible/Redeemable Series B par value $1.00 Preferred shares to Caiazzo. Further, the terms provide that: (a) Caiazzo shall remain as Consolidated’s President and manage Consolidated’s operations; (b) we will appoint Caiazzo as a member of our Board of Directors; (c) IHS and Caiazzo will complete an Employment Agreement providing for Caiazzo’s responsibilities as Consolidated’s President; (d) subject to negotiation between the Parties, we will grant Cashless stock options to Caiazzo.
Integrated Cannabis Solutions, Inc. (OTCPK:IGPK) acquired Consolidated Apparel, Inc. from Eugene Caiazzo on October 3, 2022. The Purchase Price to be paid by the Buyer is $1,200,000. IHS shall assume Consolidated’s outstanding debt of $950,000.00 as of September 30, 2022. $374,778.40 of the Assumption of Debt Amount by IHS shall be exchanged with 175,000,000 Common Stock Shares of Integrated Cannabis valued at $0.002 to be issued to Caiazzo. IHS shall issue a Promissory Note for $250,000 to Caiazzo attached hereto as Exhibit A in exchange for 250,000 common stock shares of Consolidated owned by Caiazzo to be issued to IHS. 공시 • Apr 01
Integrated Cannabis Solutions, Inc. announced delayed annual 10-K filing On 03/31/2022, Integrated Cannabis Solutions, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. 공시 • Jan 28
Integrated Cannabis Solutions, Inc. (OTCPK:IGPK) entered into an agreement to acquire GCTR Management, LLC from Thomas Roland for $25 million Integrated Cannabis Solutions, Inc. (OTCPK:IGPK) entered into an agreement to acquire GCTR Management, LLC from Thomas Roland for $25 million on January 26, 2022. As part of consideration, ICS shall issue to the Thomas Roland 1,200,000 Preferred B Shares of ICS at $10.00 per share for aggregate consideration of $12 million. Post-Closing, for a period of 12 months following the closing date, should GCTR’s average revenue over a 12 month period post-closing exceed the monthly revenue given in the agreement, the ICS shall pay the Thomas Roland, the cash consideration of maximum value of $13.2 million. Upon the closing, the GCTR Management will become the Integrated Cannabis Solution's wholly-owned subsidiary. ICS will have redemption rights to purchase back the Preferred B Share Consideration within 6 months of ICS’ issuance of said shares to the Seller at $10.00 per Preferred Share. ICS has the right to extend the Redemption Rights for an additional 6-month period. Roland shall remain as the Managing Member of GCTR and shall manage its operations. The transaction is expected to close on or before June 15, 2022. 공시 • Sep 02
Integrated Cannabis Solutions, Inc. (OTCPK:IGPK) entered into an agreement to acquire 49.5% stake in Consolidated Apparel, Inc. from Eugene Caiazzo. Integrated Cannabis Solutions, Inc. (OTCPK:IGPK) entered into an agreement to acquire 49.5% stake in Consolidated Apparel, Inc. from Eugene Caiazzo on September 1, 2021. The purchase price to be paid by the buyer to Caiazzo for the 49.5% Acquisition and the 50.5% acquisition at closing shall be assumption of the first assumption of debt and the second assumption of debt and payment thereof to the creditors of consolidated, respectively. The buyer shall assume 49.5% for 50% of the total long term liabilities (loans, credit lines, notes), as follows: (a) the buyer shall assume 49.5% of the long term liabilities at closing; (b) from the date of closing, the buyer shall have a period of 6 months to pay the seller’s creditors the 49.5% of the assumed liabilities. All shares of consolidated shall remain in escrow until such time that the conditions of 3.2 with respect to the 49.5% and 50.5% interests are complied with, respectively. Integrated Holding will have the option to acquire the remaining 50.5% of Consolidated (the “50.5% Acquisition”) in return for its consideration to Consolidated of its assumption of the remaining 50% of Consolidated’s long term liabilities (the “Second Assumption of Debt”), and to pay the liabilities to the creditors associated with the Second Assumption of Debt within 6 months of our paying creditors associated with the First Assumption of Debt. Caiazzo shall remain as the President of Consolidated and shall manage the operations of Consolidated. Upon the completion of the Closing, the buyer’s Board of Directors shall appoint Caiazzo as a member of the Buyer’s Board of Directors. Prior to completion of the closing, the buyer and Caiazzo shall complete an Employment Agreement providing for Calizzo’s responsibilities as Consolidated President and subject to negotiation between the respective parties, the buyer shall grant Cashless stock options to Caiazzo. The transaction is expected to close on November 30, 2021