Business
Branded Legacy, Inc. Sells Athletic Equipment Patent “The Quickness” For $200 Thousand
Branded Legacy, Inc. Sells Athletic Equipment Patent “The Quickness” For $200 Thousand.
About this update from Branded Legacy Inc.
[{"type":"text","content":"\n Charlotte, NC, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Charlotte, NC -- December 15, 2022 -- Branded Legacy, Inc. (OTCQB: BLEG), a holding company focused on the commercial development of cannabinoid-infused products from CBD topicals and tinctures to edibles is pleased to announce it has sold The Quickness and Astound NMN to Consumer Automotive Finance, Inc. (OTC: CAFI). Consumer Automotive Finance, Inc. has acquired the patent for The Quickness, a sports training assembly designed to help training from a more real-life scenario with the element of surprise in exchange for Twenty Million (20,000,0000) restricted common shares of Consumer Automotive Finance, Inc. (OTC: CAFI) and cash. Consumer Automotive Finance, Inc. has also acquired Astound NMN in exchange for Ten Million (10,000,0000) restricted common shares of Consumer Automotive Finance, Inc. (OTC: CAFI) and cash.  Brandon Spikes, chairman of Branded Legacy, Inc., stated, “We are on a mission to bring the greatest value to our company and our shareholders. As promised, Versatile Industries has successfully acquired and spun off its second and third entities. All these transactions are bringing value back to our shareholders in the form of stock dividends.”  In previous news releases, the company announced the acquisition of ReelSkinz as well as the sale of Magic 1 Promotions, LLC. ReelSkinz is more than just a lifestyle brand; it is a company that combines practicality, protection, and fashion into the ultimate ocean and outdoor apparel. Spikes concluded, “We have been in communication with our transfer agent in regard to updating the authorized shares. We have been assured during their monthly update to OTC Markets, that the transfer agent will be updating the authorized shares to six hundred million (600,000,000).” Consumer Automotive Finance, Inc. (OTC: CAFI) will be applying for a name and symbol change within the next few months. The company plans to hold a Board of Directors meeting to approve a name change to Innate Global, Inc. Spikes CBDX: Spikes CBDX is a line of CBD products designed to assist athletes perform better and recover faster. The Company believes that post workout recovery, with Spikes CBDX products, can lower inflammation, aid in making your body stronger, and help recover from injuries naturally. The CBD line als...