Accomplishments
As of today, our team has accomplished the following against our overarching development strategy.
Second Quarter 2014
• May 5th, 2014 - INCC announced Medical Cannabis Holdings Inc.
• May 19th, 2014 - Announced the Intent to Reduce 3 Billion Shares
• May 29th, 2014 - Engaged CPA to complete Financial Statements needed to bring its status with OTC markets current
• May 29th, 2014 - Engaged contractors to complete branding and website
• May 29th, 2014 - Reviewing several potential solutions for removing DTCC chill
• June 17th, 2014 - INCC enters into BINDING LOI to purchase GroPro Systems Inc.
• June 30th, 2014 - Definitive Acquisition Agreement with GroPro Systems
Third Quarter 2014
• August 7th, 2014 - Executes Binding LOI to Acquire Assets of Vortex
• August 12th, 2014 - Announced MCHI To Exhibit at the Boston Freedom Rally
• August 15th, 2014 -Steven A, Jablo Joins Medical Cannabis Holdings as Chief Operating Officer
• September 2nd, 2014 - Drew Newsom to Vice President of Public and Regulatory Affairs
• September 10th, 2014 - June 2014 Financials uploaded to OTC markets
• September 13th, 2014 - MCHI exhibited at the Boston Freedom Rally
• September 15th, 2014 - INCC engages Auditor as it makes way to Re-List as Fully Reporting Company
• September 15th, 2014 - Florida SOS officially amended 3 Billion Share Reduction
• September 16th, 2014 - Attorney letter uploaded in regards to Current Otc Status
• September 17th, 2014 - C. Mehos and IP counsel are completing the filings of GroPro's patent.
• September 17th, 2014 - Attorney meeting making forward progress on CO state license
• September 18th, 2014 - OTC compliance review of INCC to qualify as Current
• September 19th, 2014 – Current status on OTC markets achieved
• September 24th, 2014 – Launched Corporate Branding Website
• September 26th, 2014 - Accepted credit facility up to 3 million in private funding (details to be announced after agreed confidentiality period)
Fourth Quarter 2014
• October 10th, 2014 - INCC Engages Special Counsel: Andre L. Ligon, Esq to Remove DTC Chill
- update in 30 days
• October 2014 - Goal for Chaffee County Grower to submit Completed Attorney Reviewed CO state application
• November 2014 - Goal to file GroPro Patent Application Fully Submitted
• December 2014 - Goal to have 2 additional definitive GroPro Leases executed and signed (1 currently signed to date)
• December 2014 - Goal to have GroPro Sales Team Built and Trained
• December 2014 - Goal to Launch B2B GroPro Advertising Campaign
Conclusion
Our company and the cannabis industry are new, but the principles of integrity and experience within the INCC executive team are seasoned. Rest assured our leadership team would leverage their knowledge, skill and experience to develop INCC into a thriving company committed to serving our community of cannabis consumers, investors and one another.
As investors, our contribution to growth is not passive. As I mentioned in my opening remarks, opportunities and challenges will emerge to test us, but ultimately they will provide the catalysts needed to push us on to continuous improvement, transparency and trust within this new industry.
Thank you for your time, investment. I look forward to our ongoing scheduled communications and welcome your questions, comments and suggestions.
NEXT!
/s/Antonio F. Uccello, III
President and Chief Executive Officer
Copyright © 2014 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
As of today, our team has accomplished the following against our overarching development strategy.
Second Quarter 2014
• May 5th, 2014 - INCC announced Medical Cannabis Holdings Inc.
• May 19th, 2014 - Announced the Intent to Reduce 3 Billion Shares
• May 29th, 2014 - Engaged CPA to complete Financial Statements needed to bring its status with OTC markets current
• May 29th, 2014 - Engaged contractors to complete branding and website
• May 29th, 2014 - Reviewing several potential solutions for removing DTCC chill
• June 17th, 2014 - INCC enters into BINDING LOI to purchase GroPro Systems Inc.
• June 30th, 2014 - Definitive Acquisition Agreement with GroPro Systems
Third Quarter 2014
• August 7th, 2014 - Executes Binding LOI to Acquire Assets of Vortex
• August 12th, 2014 - Announced MCHI To Exhibit at the Boston Freedom Rally
• August 15th, 2014 -Steven A, Jablo Joins Medical Cannabis Holdings as Chief Operating Officer
• September 2nd, 2014 - Drew Newsom to Vice President of Public and Regulatory Affairs
• September 10th, 2014 - June 2014 Financials uploaded to OTC markets
• September 13th, 2014 - MCHI exhibited at the Boston Freedom Rally
• September 15th, 2014 - INCC engages Auditor as it makes way to Re-List as Fully Reporting Company
• September 15th, 2014 - Florida SOS officially amended 3 Billion Share Reduction
• September 16th, 2014 - Attorney letter uploaded in regards to Current Otc Status
• September 17th, 2014 - C. Mehos and IP counsel are completing the filings of GroPro's patent.
• September 17th, 2014 - Attorney meeting making forward progress on CO state license
• September 18th, 2014 - OTC compliance review of INCC to qualify as Current
• September 19th, 2014 – Current status on OTC markets achieved
• September 24th, 2014 – Launched Corporate Branding Website
• September 26th, 2014 - Accepted credit facility up to 3 million in private funding (details to be announced after agreed confidentiality period)
Fourth Quarter 2014
• October 10th, 2014 - INCC Engages Special Counsel: Andre L. Ligon, Esq to Remove DTC Chill
- update in 30 days
• October 2014 - Goal for Chaffee County Grower to submit Completed Attorney Reviewed CO state application
• November 2014 - Goal to file GroPro Patent Application Fully Submitted
• December 2014 - Goal to have 2 additional definitive GroPro Leases executed and signed (1 currently signed to date)
• December 2014 - Goal to have GroPro Sales Team Built and Trained
• December 2014 - Goal to Launch B2B GroPro Advertising Campaign
Conclusion
Our company and the cannabis industry are new, but the principles of integrity and experience within the INCC executive team are seasoned. Rest assured our leadership team would leverage their knowledge, skill and experience to develop INCC into a thriving company committed to serving our community of cannabis consumers, investors and one another.
As investors, our contribution to growth is not passive. As I mentioned in my opening remarks, opportunities and challenges will emerge to test us, but ultimately they will provide the catalysts needed to push us on to continuous improvement, transparency and trust within this new industry.
Thank you for your time, investment. I look forward to our ongoing scheduled communications and welcome your questions, comments and suggestions.
NEXT!
/s/Antonio F. Uccello, III
President and Chief Executive Officer
Copyright © 2014 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
