Vancouver, British Columbia--(Newsfile Corp. - December 19, 2019) - Current management was granted continue control over AQUAGOLD International, Inc (OTC Pink: AQUI) yesterday by order of the Nevada District Court, Clark County. AQUI overcame an attempt by an external minority group to obtain custodianship based on the companies reporting status. The company is now current with its states filings requirements and is moving forward with plans to enhance shareholder value.
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AQUI, over the last few months, has been meeting with a group of highly qualified corporate finance and business development personal on completing due diligence on the CBD international market. The conclusion is that there is significant supply of Cannabis (0.03 THC) CBD product available. It is absolutely paramount to be successful in this industry to have a high-quality extraction process to produce the best oil possible, subsequently packaging and distribution. We now have accomplished a specific business plan, investigated a number of existing operations that have let us know where we should proceed to purchase assets needed to accomplish our goals and we are very close to completed contracts that will put in to place our plan to create instant positive cash flow. Specific details regarding our plan will be released in the upcoming days.
AQUI management has developed relationships with industry leaders and very experienced professionals to assist and this due diligence process.
Carmine Freda - Director
Barry Morgan, CFO
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