Recent Promotional Activities Surrounding FutureLand
Corp (FUTL)
FutureLand Corp. (OTCQB: FUTL),
a leading provider of strategic real estate investment and grow facilities and
solutions to the global cannabis industry, provides an update on recent promotional
activities on the company.
While we believe
whole-heartedly that the Company is positioned to be a fantastic investment to
its shareholder and potential investors, both because the climate is right and the
fundamentals are in place, we must firmly enunciate the fact that we have not
been promoting the company or touting the stock in any way. The Company did not become aware of any
promotional activities on behalf of the Company until October 18, 2016 when we
noticed the stock volume advancing substantially throughout the day. The company attempted to find out whether
there was some kind of promotion going on or whether it was some kind of
natural progression organically which had taken place, which, given the
political atmosphere and future pending American drug policy changes, was not
out of the question. To that end, the
Company has no knowledge about said promotions.
Prior to the “promotion” of the Company, the stock had been trading for
several weeks with increased volume from about 2M to 6M shares per day at a
price around .015. Nearer to the “promotion”
the stock price had gained ground closing on Friday the 14th and
Monday the 17th closer to .025.
On Tuesday the 18th the stock took off opening at .04 and
closed above. .05 with 24M shares sold.
We do believe that this surge of activity is due to some outside
promotion and we are not aware of who is behind it or why.
The Company confirms that no
officer or director or any controlling shareholder has been directly or
indirectly involved in any way with the creation or distribution of promotional
materials related to its securities.
CEO, Cameron Cox has sold shares in the last 30 days for compensation
using S8 shares.
Furthermore, the Company has
issued shares from convertible debt instruments at discounts to the market
which have played a substantial roll in increasing the float and to general
liquidity of the stock. Note holders
that have converted their debt to stock are Tangiers, Auctus Fund, Eastmore
Capital and Union Capital. Tangiers converted at 50 percent discount to the
market. On April, 2016 $10,000 (100,000 shares) were converted at .1. On May 2, 2016 $22,500 (223,769 shares) was
converted at .10055. On July 11, 2016 $7,500 (294,118 shares) was converted at
.0255. On August 25, 2016 $7,500
(606,061 shares) was converted at .012375.
On September 20, 2016 $6,500 (1,477, 273 shares) was converted at .0044. On October 19, 2016 $6500 (1,534,829 shares) was
converted at .004235. Actus Fund
converted at 50% discount to the market with an additional 10% if conversion
price was less than .01. On June 6, 2016
$28,875 (500,000 shares) was converted at .05775. On June 28, 2016 $28,050 (1,000,000 shares) was
converted at .02805. On July 22, 2016
$19,376.24 (690,775 shares) was converted at .02805. On August 31, 2016 $16,443.50 (2,299,790
shares) was converted at .00715. On
September 29, 2016 $7,832.52 (2,543,026 shares) was converted at .00308. On October 18, 2016 $6,255.30 (2,030,942
shares) was converted at .00308. Eastmore
converted at 50 percent with an additional 15% if conversion price was less
than .1. On July 8, 2016 $7,140 (350,000
shares) was converted at .0204. On
August 3, 2016 $6,750 (750,000 shares) was converted at .009. On September 6, 2016 $6,240 (1,200,000
shares) was converted at .0052. On
September 22, 2016 $6,400 (2,000,000 shares) was converted at .0032. On October 10, 2016 $9,190.11 (2,983,802
shares) was converted at .00308. Union Capital
converted stock at 50 percent discount to the market. On September 21, 2016 $5,230.14 (1,307,535
shares) was converted at .004. On
October 5, 2016 $5,245.48 (1,362,462 shares) was converted at .00385. On October 13, 2016 $10,508.9 (2,729,584
shares) was converted at .00385. Company should be debt free shortly.
About
FutureLand Corp. (FUTL)
FutureLand Corp., a Colorado company, is a cannabis and hemp land
leasing company formed to capitalize upon the emerging global cannabis
market. FutureLand, focuses
on target acquisition, zoning, license fulfillment, site plan preparation and
financing of cannabis or hemp grow facilities throughout the United
States. We give growers the
opportunity to grow. We
monetize through leasing the land, leasing the structures on the land,
financing interest revenue and management fees associated with cultivation
centers. FutureLand retains
ownership of all the land and the structures. FutureLand leases to both medical
marijuana, retail marijuana as well as industrial hemp growers. FutureLand does not
currently grow, distribute or sell marijuana. To request further information about
FutureLand, please email us at info@futurelandcorp.com,
log onto our website at http://www.futurelandcorp.com.
Safe Harbor Statement
under the Private Securities Litigation Reform Act of 1995
This
press release may contain forward-looking statements covered within the meaning
of the Private Securities Litigation Reform Act of 1995. These forward-looking
statements relate to, among other things, plans and timing for the introduction
or enhancement of our services and products, statements about future market
conditions, supply and demand conditions, and other expectations, intentions
and plans contained in this press release that are not historical fact and
involve risks and uncertainties. Our expectations regarding future revenues
depend upon our ability to develop and supply products and services that we may
not produce today and that meet defined specifications. When used in this press
release, the words "plan," "expect," "believe,"
and similar expressions generally identify forward-looking statements. These
statements reflect our current expectations. They are subject to a number of
risks and uncertainties, including, but not limited to, changes in technology
and changes in pervasive markets. This release includes forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in this release
that are not historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are inherently
uncertain. Actual performance and results may differ materially from that
projected or suggested herein due to certain risks and uncertainties including,
without limitation, ability to obtain financing and regulatory and shareholder
approval for anticipated actions.
Contact:
Media
Contact
FutureLand
Corp.
http://www.futurelandcorp.com
info@futurelandcorp.com
cox@futurelandcorp.com
(720)
370-3554
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