Elite Products International, Inc. acquired Profile Solutions, Inc. in a reverse merger transaction.
January 08, 2018
Share
Elite Products International, Inc. entered into share exchange agreement to acquire Profile Solutions, Inc. (OTCPK:PSIQ) in a reverse merger transaction on December 14, 2017. Profile Solutions issued 600 million shares representing approximately 85% of issued and outstanding common stock to acquire all of the issued and outstanding equity securities of Elite Products International. Dore S. Perler, Director, Chief Executive Office and Chief Financial Officer of Profile Solutions resigned and Dan Oran was appointed as Officer and Director on December 14, 2017.
Elite Products International, Inc. completed the acquisition of Profile Solutions, Inc. (OTCPK:PSIQ) in a reverse merger transaction on January 9, 2018.
Profile Solutions, Inc., through its subsidiary Elite Products International, Inc. is a distributor and manufacturer in the cannabinoid (CBD) industry. The Companyâs products contain CBD Hemp extracts in the form of edibles, creams, oils, and salves. Its product categories include gummies, such as Delta 8 Gummies, Delta 9 Gummies, Delta 10 Gummies, HHC Gummies, Sleep Gummies, Energy Gummies, Focus Gummies, Vegan Gummies, Zero THC Vegan Gummies, Sugar-Free Gummies, Wine Jelly, CBD Chocolates, Delta-8 Chocolates, CBD Honey, and CBD Tea & Coffee; oils, which include tinctures, such as THC-O Tinctures, Delta-8 Tinctures, Delta-9 Tinctures, and Delta-10 Tinctures; health and body products CBD Pain Relief Creams, CBD Capsules, and CBD Diet, and pet products, such as Pet Tinctures and Pet Treats.
PROFILE SOLUTIONS, INC. 
