KGET Enters Acquisition Discussions with Californi
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Posted On: 01/13/2017 9:16:06 AM
KGET Enters Acquisition Discussions with California Based Vape Line Company
Kleangas Energy Technologies, Inc. (OTCPink:KGET), a developmental stage acquisition company which foresees acquiring, merging, and joint venturing with legally permitted fully operational marijuana-cannabis businesses has now entered into acquisition discussions with a California based Vape Line Company.
The companies had a face to face meeting with decision makers to discuss a potential acquisition. Topics of discussion included a KGET majority owned position of the Vape Line Company, expansion plans of KGET into the Hemp-derived CBD (Cannabidiol) Industry, expansion potential of the Vape Line Company, and its growth potential if acquired by KGET.
The meeting concluded with an optimistic view of doing business together. KGET has submitted a non binding Letter of Interest outlining the discussions between the parties. Potential next steps are formal Letter of Intent and/or a Term Sheet.
About the Kleangas Energy Technologies Inc.
Kleangas Energy Technologies, Inc. is a developmental stage acquisition company with a name change pending to âCaliPharms, Inc.â The Company foresees acquiring, merging, and joint venturing with legally permitted fully operational marijuana-cannabis businesses. The Company currently is seeking acquisitions in medical marijuana-cannabis cultivation. The second tier of development for the company is to expand into other sectors that support the legalized marijuana industry. The company will expand its operations as the laws for each individual State change and allow. Initially the Company will focus on medical grade marijuana-cannabis within the State of California.
Kleangas Energy Technologies, Inc. (OTCPink:KGET), a developmental stage acquisition company which foresees acquiring, merging, and joint venturing with legally permitted fully operational marijuana-cannabis businesses has now entered into acquisition discussions with a California based Vape Line Company.
The companies had a face to face meeting with decision makers to discuss a potential acquisition. Topics of discussion included a KGET majority owned position of the Vape Line Company, expansion plans of KGET into the Hemp-derived CBD (Cannabidiol) Industry, expansion potential of the Vape Line Company, and its growth potential if acquired by KGET.
The meeting concluded with an optimistic view of doing business together. KGET has submitted a non binding Letter of Interest outlining the discussions between the parties. Potential next steps are formal Letter of Intent and/or a Term Sheet.
About the Kleangas Energy Technologies Inc.
Kleangas Energy Technologies, Inc. is a developmental stage acquisition company with a name change pending to âCaliPharms, Inc.â The Company foresees acquiring, merging, and joint venturing with legally permitted fully operational marijuana-cannabis businesses. The Company currently is seeking acquisitions in medical marijuana-cannabis cultivation. The second tier of development for the company is to expand into other sectors that support the legalized marijuana industry. The company will expand its operations as the laws for each individual State change and allow. Initially the Company will focus on medical grade marijuana-cannabis within the State of California.
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