NF - NR Jan 25So far, a couple of issues addressed that bashers were preying on:
1) In 2016, shareholders approved the spinoff of the Company’s Canadian operation into its own separate operating entity, to be trading under its own symbol later in 2017. Spin Out of NHS The Company expects to complete the spin out of NHS in 2017 with shares being distributed to shareholders of record as of November 30, 2016 as soon as all the steps are completed. This is expected to take place closer to the end of Q1 as the Company is seeking to list NHS on a stock exchange. The required documents and filings are being prepared now.
2) Stakeholders will be able to get a bird’s eye view of the Oroville Property when the Company’s new video, currently under production, is released in the next few weeks. See inside New Age Farm The Company is working on a video presentation that will showcase its operations in Oroville and give stakeholders a chance to see inside New Age Farm for the first time. The Company is also preparing a new investor presentation which will be released to our website in the coming weeks. The video and investor presentation will both be released in Q1 and we invite you to visit our website (www.newagefarminc.com) and sign up for our mailing list so you will be among the first to know when it is released.
3) NHS expects to be ready to accept licensed tenant-growers when the new laws come into force.