Acquired Sales Corp. cancelled the acquisition of Premier Greens LLC from Christopher G. Wheeler and Matt Winters.
December 14, 2021
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Acquired Sales Corp. (OTCPK:AQSP) signed a letter of intent to acquire Premier Greens LLC from Christopher G. Wheeler and Matt Winters for $0.92 million on June 15, 2021. In related transactions, Acquired Sales Corp. also signed a letter of intent to acquire Savage Enterprises and remaining 54% stake in MKRC Holdings, LLC. Christopher G. Wheeler and Matt Winters, the co-founders and co-owners of Savage, will continue to serve as the Chief Executive Officer and Chief Financial Officer, respectively, of Savage, Premier Greens and MKRC, and shall also serve as the Co-Founder and Chief Sales Officer, and as the Co-Founder and Chief Risk Officer, respectively, of AQSP, under long-term employment agreements. Closing of the transactions is subject to a number of conditions, including but not limited to completion of an acceptable due diligence investigation and audit of Savage, Premier Greens and MKRC, completion of a capital raise of at least $30 million by AQSP, execution of definitive acquisition documents including employment agreements, receipt of a tax opinion on the Savage merger, obtaining all necessary approvals, and the completion of all necessary securities filings. Also the closing shall be conditioned upon approval of the transactions by the Board of Directors of AQSP, and, if necessary, by the shareholders of AQSP.
Acquired Sales Corp. (OTCPK:AQSP) cancelled the acquisition of Premier Greens LLC from Christopher G. Wheeler and Matt Winters on December 15, 2021.
LFTD Partners Inc. is involved in the development, manufacturing and sale of a variety of branded, hemp-derived, psychoactive and alternative lifestyle products, and of products involving nicotine, tobacco and marijuana. Its subsidiary is Lifted Made (Lifted), which manufactures and sells hemp-derived cannabinoids, psychoactive substances and other alternative lifestyle products, including nicotine products under its Urb Finest Flowers (Urb) brand. Products sold by Lifted include disposable vapes and cartridges, gummies, joints, blunts, and products containing ingredients, such as kanna, muscimol, ashwagandha and kava. Lifted sells its products online primarily through its Website: www.urb.shop. Lifted is also a manufacturer and seller of Diamond Supply Co. (www.DiamondSupplyCo.com) and Cali Sweets hemp-derived products. Lifted also manufactures and sells similar hemp-derived products to private label clients. Lifted also owns 4.99% of CBD-infused beverage and products maker, Ablis.