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Phivida Holdings Inc. PHVAF

Phivida is a premier brand of cannabidiol ('CBD')-infused functional foods, beverages and clinical products that is poised for global distribution.


OTCQX:PHVAF - Post by User

Post by NoPumpAllowedon Dec 21, 2017 10:02am
71 Views
Post# 27204252

0.005 and 0.02 cent shares

0.005 and 0.02 cent sharesbeing unloaded to retail fools, another classic Canuck P&D

On June 17, 2015, we completed a private placement of 2,500,000 Common Shares at a price of $0.005 per share for proceeds of $12,500. On June 30, 2015, we completed a private placement of 375,000 Common Shares at a price of $0.02 per Common Share for proceeds of $7,500. On December 4, 2015, and amended on March 30, 2016, we entered into a CBD-hemp oil supplier agreement with WFS Pharmagreen Inc., our first wholesale hemp oil supplier agreement. On January 4, 2016, we entered into and closed a share exchange agreement with Phivida Nutrition whereby we acquired 100% of the issued and outstanding shares of Phivida Nutrition from the shareholders of Phivida Nutrition, and in exchange we issued 2,000,000 Common Shares to the former Phivida Nutrition shareholders. On January 4, 2016, we also entered into a license agreement with Phivida Nutrition to use certain formulas owned by Phivida Nutrition. Please see “Material Contracts” and “Intangible Properties” for more details about these agreements. On January 8, 2016, we entered into and closed a share exchange agreement with Phivida Enhanced whereby we acquired 100% of the issued and outstanding shares of Phivida Enhanced from the shareholders of Phivida Enhanced, and in exchange we issued 2,000,000 Common Shares to the former Phivida Enhanced shareholders. On January 8, 2016, we also entered into a license agreement with Phivida Enhanced to use certain formulas owned by Phivida Enhanced. Please see “Material Contracts” and “Intangible Properties” for more details about these agreements. On January 29, 2016, we completed a private placement by issuing 1,014,000 units at a price of $0.25 per unit for gross proceeds of $253,000. Each unit was comprised of one Common Share and one-half of one Common Share purchase warrant exercisable at a price of $0.35 per Common Share for 24 months. On July 30, 2016, we entered into a license agreement with Ambary Gardens LLC to use certain of Ambary Gardens LLC’s nanoencapsulation and micronization technology to create functional, specific and proprietary mixtures of formulated beverage products using encapsulated phytocannabinoids. Please see “Intangible Properties” and “Material Contracts” for more details. In November 2016, we launched our Phivida Organics wholesale hemp oil extracts in the US for purchase online at www.phivida.com. On December 15, 2016, we completed a private placement by issuing 3,750,000 units at a price of $0.02 per unit for gross proceeds of $75,000. Each unit was comprised of one Common Share and one-half of one Common Share purchase warrant exercisable at a price of $0.05 per Common Share for 24 months. On February 14, 2017, we completed a private placement by issuing 6,150,000 Common Shares at a price of $0.20 per Common Share for gross proceeds of $1,230,000.
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