Announcement • Jul 16
Virtual Medical International, Inc. (OTCPK:QEBR) agreed to acquire Eco Equity Limited. Virtual Medical International, Inc. (OTCPK:QEBR) agreed to acquire Eco Equity Limited on July 16, 2021. Following the successful execution of the transaction, the combined group of companies will operate under the Virtual Medical name with Eco Equity becoming a wholly-owned subsidiary headquartered in London. Jon-Paul Doran was pleased to accept the role as President EMEA of the combined company. Jon-Paul, the original co-founder of Eco Equity, will continue to lead the new business after the acquisition. The combined company has a very strong board which includes Larson Elmore, who will become Chief Executive Officer, Daniel Reshef. and Aubrey Oliver. Non-executive director positions will be held by Timothy Ambrose, Philip Collin, Richard Collins and Michael B Davis. Announcement • May 15
Virtual Medical International, Inc. (OTCPK:QEBR) entered into an agreement to acquire Cherry Valley Growers, Inc. Virtual Medical International, Inc. (OTCPK:QEBR) entered into an agreement to acquire Cherry Valley Growers, Inc on May 14, 2021. In a related transaction, Virtual Medical will also purchase an 11,560 square foot warehouse from Adler Properties, LLC. Under to the terms of the agreement, Virtual Medical International will purchase Cherry Valley Growers, Inc and Adler Properties, LLC. for 2 million dollars in cash from debt proceeds in exchange for the property consisting of 400-acre, the warehouse and all hemp licenses. Announcement • Dec 01
Virtual Medical International, Inc. (OTCPK:QEBR) entered into an agreement to acquire FarmShare LLC. Virtual Medical International, Inc. (OTCPK:QEBR) entered into an agreement to acquire FarmShare LLC on November 30, 2020. The consideration will be paid in a combination of stock and cash. Virtual Medical will purchase FarmShare for 1.5 million shares of common stock, as well as purchasing their existing inventory for $0.87 million in exchange for a promissory note. FarmShare QD brand is going to be brought under the Amsterdam cafe banner. Larson Elmore has also been appointed by the Board of Directors of Virtual Medical as the President and Chief Executive Officer replacing Larry Eastland who resigned as President, Chief Executive Officer and Secretary & Treasurer.