What the report should tell us: $APRU $RSHN
What this means is the details of the deal should be in the report if I read it correctly.
If APRU received any moneys.
If APRU received any stock.
If APRU spent any moneys.
If APRU issued any stock.
If RSHN received any moneys.
http://www.otcmarkets.com/stock/APRU/news
Apple Rush and RushNet Announce Change to Management Team and Strategy Update
Apple Rush will continue to work with Bob to utilize his extensive contacts and relationships in the industry
in order to expand its distribution platform.
http://www.otcmarkets.com/edgar/GetFilingPdf?...ID=9845828
Closing:
Assuming satisfactory completion of due diligence and timely acceptance of this Summary Term Sheet,
LiveWire expects to execute definitive agreements and issue shares upon the completion of the due diligence
and documentation process,
but no later than March 31, 2014.
The closing is subject to the following:
(a) Conclusion of the management contract and employment agreements of Apple Rush.
(b) LiveWire will complete due diligence on all aspects of the Company,
including references and background checks on senior management.
During due diligence, the Company agrees to provide LiveWire and its accountants, attorneys and
other representatives complete access to the Company’s accountants, attorneys, facilities,
employees, books, records, customers, backlog and vendors and such other individuals and information as needed;
(c) The absence of a material adverse change with respect to the Company;
(d) Any required governmental or shareholder approvals or waivers;
(e) Upon completion of the transaction, Apple Rush will change its name to LiveWire Herbaceuticals, Inc.
(f) Satisfactory completion of legal documentation; and
Stock Options: An option pool will be established, representing 10% of the fully-diluted shares outstanding,
to reward current key employees for outstanding performance and to attract additional management, as needed.
Trademarks:
Mr. Corr will agree to transfer the trademarks and all intellectual property to Apple Rush as soon as practicable.
These trademarks include:
Cana BLISS
Cana RUSH
The exclusive license to bottle, distribute and sublicense Apple Rush brands in all flavors
Ginseng Rush
What this means is the details of the deal should be in the report if I read it correctly.
If APRU received any moneys.
If APRU received any stock.
If APRU spent any moneys.
If APRU issued any stock.
If RSHN received any moneys.
http://www.otcmarkets.com/stock/APRU/news
Apple Rush and RushNet Announce Change to Management Team and Strategy Update
Apple Rush will continue to work with Bob to utilize his extensive contacts and relationships in the industry
in order to expand its distribution platform.
http://www.otcmarkets.com/edgar/GetFilingPdf?...ID=9845828
Closing:
Assuming satisfactory completion of due diligence and timely acceptance of this Summary Term Sheet,
LiveWire expects to execute definitive agreements and issue shares upon the completion of the due diligence
and documentation process,
but no later than March 31, 2014.
The closing is subject to the following:
(a) Conclusion of the management contract and employment agreements of Apple Rush.
(b) LiveWire will complete due diligence on all aspects of the Company,
including references and background checks on senior management.
During due diligence, the Company agrees to provide LiveWire and its accountants, attorneys and
other representatives complete access to the Company’s accountants, attorneys, facilities,
employees, books, records, customers, backlog and vendors and such other individuals and information as needed;
(c) The absence of a material adverse change with respect to the Company;
(d) Any required governmental or shareholder approvals or waivers;
(e) Upon completion of the transaction, Apple Rush will change its name to LiveWire Herbaceuticals, Inc.
(f) Satisfactory completion of legal documentation; and
Stock Options: An option pool will be established, representing 10% of the fully-diluted shares outstanding,
to reward current key employees for outstanding performance and to attract additional management, as needed.
Trademarks:
Mr. Corr will agree to transfer the trademarks and all intellectual property to Apple Rush as soon as practicable.
These trademarks include:
Cana BLISS
Cana RUSH
The exclusive license to bottle, distribute and sublicense Apple Rush brands in all flavors
Ginseng Rush
