$MGON Acquires Specialty Coffee Product Line Ac
Post# of 102935
Acquires Sio2 Proteksol for Seed & Foliage Coating
Larger deals forthcoming
BONITA SPRINGS, FL / ACCESSWIRE / March 14, 2022 / Megola Inc. (OTC PINK:MGON) Megola, Inc. ("MGON", "Company" is a Consortium Group of Health Technologies and Eco-Friendly Product Lines. Megola through product and technology acquisitions has grown to have its own E-commerce Branding Division, Service Department, Licensing Division, Franchise Division all maintaining Megola's diverse manufactured product portfolios. "These are just the start of our acquisitions as the company is in the final stages of negotiations for several other product line offerings from Medesol LLC and others," states CEO Robert Gardiner. ‘We will start to offer our coffee lines on our eCommerce site along with other distribution networks and we will start a pilot project with a large Canadian marijuana grower for the Proteksol Seed coating shortly", continues Gardiner.
On February 22, 2022, MGON entered into a Purchase and Sale of Business Assets Contract with RBG Wholesale, in which MGON has agreed to purchase certain Specialty Coffee product lines, branding label and supply agreements, for the purchase price of Fifteen Thousand Dollars ($15,000), payable as follows: (1) fifteen thousand (15,000) shares of MGON Series F Preferred Stock, valued at $1.00 per share.
PRODUCT LINES:
Health and Wellness coffee
* Weight Loss Coffee - increases metabolism through a thermogenic boost helping to burn calories and convert fatty acids and glucose into energy inhibiting the production of fat tissue and increasing energy. Infused with Hoodia Gordoni and Garcinia Chromium Picolinate
* Immune Boost Coffee - enhances overall vitality, immune and nervous system, increases antibody production, helps restore health and fight bacteria, boost polysaccharides and polyphenols. Infused with Black Samson Echinacea, Chinese Astralagus, Reich, and Chealated Zinc.
https://finance.yahoo.com/news/megola-confirm...00679.html