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Agritek Holdings Inc. Announces Update on Filing of 2019 Annual Audited Financials and Corporate Initiatives
Agritek Holdings Inc. Announces Update on Filing of 2019 Annual Audited Financials and Corporate Initiatives.
About this update from Agritek Hldgs Inc
[{"type":"text","content":"\n LOS ANGELES, CA, July 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and white label provider for popular hemp brands, today announced that the Company is in final review of its financial reports including its 10K Annual Report ending December 31, 2019 and first quarter 10Q for 2020 with its registered auditing firm. The Company expects to file the reports within the next three weeks. \"We apologize and understand that the delay in filing our financial reports may have caused concern and inconvenience to our existing shareholders and new investors. We have always maintained our status as a fully reporting Company and will continue to do so, and expect to receive our uplisting to the OTCQB once we are current in our reporting”, stated B. Michael Friedman, CEO of Agritek Holdings Inc. “With multiple corporate actions pending, including our name change and move into the eSports entertainment sector, and the filing of our S-1 spin off of our cannabis subsidiary Full Spectrum Biosciences, we are excited to move forward with our new strategic plan on behalf of our shareholders, investors and announce our newly expanded management team within the eSports industry.  With limited access to corporate offices, banks and documents during the Covid-19 epidemic, we appreciate everyone's patience and understanding while we take the necessary action to see that our filings and pending corporate actions are properly completed and approved as quickly as possible,\" further stated Friedman In April 2020, the Company filed a14C information statement which outlines the board action to change the name of the company from Agritek Holdings Inc., to  “iBet Gaming Corporation” and to amend the corporate articles. Further details of the proposed amendments are included in the 14-C filing. The complete filing may be seen at OTCMarkets.com under the Company’s ticker symbol: AGTK. The Board of Directors, management and its advisors believe that once the proposed amendments, name change, corporate actions and filings are approved, they will position the Company to immediately reward investors and shareholders through its new corporate strategy and entry into the emerging eSports entertainment sector. The...