FutureWorld is Spinning Again As projected, we
Post# of 1456
As projected, we are announcing our second spin-off with CB Scientific!
FutureWorld would like to create a public market for CB Scientific (CBSI) shares by merging CBSI with a currently-traded public company: Net:X America, Inc. (NXAM)
On November 02, 2015, CB Scientific, a subsidiary of FutureWorld Corp, has signed a Share Purchase Agreement and Plan of Transaction with Zig Lambo, the majority shareholder of Net:X America, Inc.
The transaction will allow for initial public offering of CB Scientific Inc. to be effective with the completion of the private share purchase. Name change and other relevant procedures will follow the transaction. The transaction is an arm-length transaction and there are no material relationships and conflicts between the parties. More information will be provided on the ongoing process when completed. This is our second spin-off so far and we are expecting more to follow.