Globestar Industries (GSTI) 1.5900 $GSTI Pineapple

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Globestar Industries (GSTI) 1.5900 $GSTI

Pineapple Express, Inc. (Formerly Globestar Industries) Signs First Real Property Purchase Agreement and Subsequent Sublease to Canna-Business Tenant
GlobeNewswire - Tue Sep 08, 7:07AM CDT
Pineapple Express, Inc., formerly Globestar Industries (OTC Pink:GSTI) (the "Company", a Wyoming corporation engaged in cannabis industry consulting that is applying for FINRA approval of its new name and symbol, announced that the Company on September 1, 2015, through a wholly owned subsidiary, executed a purchase agreement for three acres of real property, including 23,250 square feet of warehouse space, in Desert Hot Springs, California pursuant to a rent-to-own agreement. In addition, the Company has already subleased the property to an experienced canna-business tenant who will be operating a licensed cannabis cultivation facility on the premises. Both the property purchase and subsequent sublease have been executed, possession of the property has been turned over to the Company, and the Company is remodeling the premises to make the space suitable for the sublessee. The sublease has a term of ten years which may be extended for an additional five years at the option of the parties. The Company is scheduled to receive monthly rent of $49,000 per month in year one, $98,000 per month in year two, and $122,500 in years 3 through 10 from the subtenant, although actual rent received may vary.

Globestar Industries Announces Chairman Appointment and Sales Restrictions on All Affiliates, Officers, Directors, Employees, and Consultants
GlobeNewswire - Tue Sep 01, 7:30AM CDT
Globestar Industries (OTC Pink:GSTI) (the "Company", a Wyoming corporation engaged in cannabis industry consulting that has filed to change its name to Pineapple Express, Inc. and is in the process of changing its symbol, announced that its CEO and President Matthew Feinstein has been appointed as Chairman of the Board.

Globestar Industries Announces Share Exchange With Better Business Consultants, Inc. DBA MJ Business Consultants -- Company Intends to Change Name to Pineapple Express, Inc.
GlobeNewswire - Tue Aug 25, 7:01AM CDT
Company to Apply for New Stock Symbol. Company Will Discontinue Any and All Prior Business of Globestar Industries Effective Immediately

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