The Company’s initial project is to prioritize the relaunch of a well-documented, extensively tested, broadly approved and globally celebrated proprietary Affordable Housing Technology, to address the global crisis in affordable housing and construction, whilst effectively addressing the also presently exaggerated worldwide need for secure, extreme-weather and natural catastrophe resistant structures.
On November 12, 2018, the Company entered into an Asset Purchase Agreement with Affordable Rapid Housing, Inc., a Florida corporation (“ARH”). The Company acquired all right, title and interest to certain intellectual properties including possible trademarks, works for hire, trade secrets and related information generally associated with the building, construction and manufacturing trades, methodologies and processes.
Main asset:
As disclosed in the 2018 Q3 filing, the Company's main asset is an "Available for Sale Security".
On September 17, 2018, a contribution of 20,000,000 common shares of Marijuana Company of America, Inc. was made to the Company.
The shares were valued at $600,000 on this date and resulted in an increase in Additional Paid in Capital.