LOS ANGELES, CA / ACCESSWIRE / May 8, 2023 / GBX International Group, Inc., (OTC:GBXI) an emerging leader in international economic development, is pleased to announce it is advancing quickly as it completes the first three initial target acquisitions for the new GBXI Public Company conglomerate growth model.
It's working, as GBXI sets operations in motion for three (3) new trading symbols and approval process for OTC Markets trading as it brings on its first spinout acquisition companies; Cannabis Science, Thermic Science, and XRAYMEDIA Group. The acquisitions for the three new spinout Public Companies, provides all Shareholders to receive prorata GBXI three (3) new classes of Common Class A, B, and C shares respectively with a new trading symbol for each Company upon completed SEC and OTC Markets Approvals.
Each spinout company will give our GBXI registered shareholders additional pro-rata shares in each spinout company over and above their original shares in each entity and not dilute the GBXI common stock trading now. This provides the required shareholder base for each company required for the new class of shares to trade and gives additional shares to all our loyal GBXI shareholders.
All of these acquisitions for GBXI will add to the asset base and not dilute the main trading common shares of (OTC: GBXI), these acquisitions are focused on compounding growth for our GBXI shareholders' wealth with the new common classes designed for GBXI spinout share participation in each acquisition Company. These spinout Companies will be assigned to their New Class of non-trading shares, all GBXI shareholders will receive shares in each new class respectively on a prorata basis. The first three (3) new classes of Common Class A, B, and C shares will be used for the acquisition companies. With Cannabis Science being the first Company that GBXI will focus on to begin the application process to receive a new trading symbol for trading on the OTC Markets.
Definitive steps to bring new listings and trading on OTC Markets and NASDAQ as well as bring previous trading Companies back such as the first-priority Cannabis Science to start to trade on the OTC Markets with new trading symbols for each company respectively. GBXI pushes forward ASU/CSi-EDP "Bringing it all Together" through the American States University Digital Business HUB.
Again, this is what we call "Compounding our Shareholders' Wealth" through extra spinout share participation for all our loyal GBXI shareholders. Each registered GBXI shareholder will receive additional prorata shares of each spinout Company over and above their original shares to enjoy additional liquidity as each company begins to trade through the GBXI Digital Business HUB spinout process to the OTC markets with a new trading symbol for each respective spinout Company.
The ASU Digital Business HUB will be used as the main business student learning center. GBXI will be the main pivot point to spin out trading shares of all our Partner Public and Private Companies such as Cannabis Science, Thermic Science, XRAYMEDIA, LNC, LMG, iCannabinoid, and more Surprise Companies. No one will be missed! A true Digital Business HUB for student learning and rapid business expansions, just as planned all along ASU/CSi-EDP "Bringing it all Together".
As majority shareholder of GBXI, American States University, Cannabis Science, Thermic Science and Xraymedia respectively.Mr. Dabney and the Board have signed Shareholder and Director resolutions for GBXI to redomicile to Wyoming State. In addition, the motion was passed for the reclassification of the preferred shares to voting only. In addition, there is the addition of three (3) new classes of Common Class A, B, and C shares respectively, each will be used for the acquisition companies all three new classes to be Non-Trading and reserved for each new spinout Public Company with trading symbols for OTC Markets or NASDAQ.GBXI has completed signing agreements and resolutions for the acquisition of American States University (ASU). One of the Key members of the international ASU/CSi-EDP partnership programs focused on integrating operations of all the partners through its newly developed ASU Digital Business HUB.
https://www.accesswire.com/753440/GBXI-Advances-Forward-as-it-Signs-The-First-Three-Target-Acquisitions-for-the-GBXI-Conglomerate-Growth-Model-Confirms-Definitive-Steps-to-Bring-New-Spinout-Listings-on-OTC-Markets-and-NASDAQ-with-First-Acquisition-Spinout-Companies-Cannabis-Science