Business
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, The
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, The.
About this update from Gbx International Group Inc.
[{"type":"text","content":"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...