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Bullboard - Stock Discussion Forum Radiko Holdings Corp GEATF

Radiko Holdings Corp through its subsidiaries, is engaged in cannabis product manufacturing and distributing. The group generates revenue from licensing fees, royalties and agreements with companies who distribute and sell products in the Cannabis Industry, as well from the direct sale of merchandise such as clothing, paraphernalia, posters, and other products. Its other brands include La Vida... see more

GREY:GEATF - Post Discussion

Radiko Holdings Corp > La Vida Verde Files Counterclaims Against International Can
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Post by clearone1 on Jan 28, 2020 4:40pm

La Vida Verde Files Counterclaims Against International Can

Looks like La Vida Verde filed counterclaims against International Cannabrands. The press release has the full counterclaims as a file attachement. 

https://www.pr.com/press-release/804404

"La Vida alleges mismanagement by ICI’s senior officers and board members, including extravagant pay raises and travel expenses during a period when ICI was not paying on its obligations to La Vida and other creditors, including Julian Marley for royalties owed on Juju Royal intellectual property. La Vida also alleges that ICI made false representations to induce La Vida to enter into the agreement."
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