Business
FutureLand (FUTL) Announces Forward Split
FutureLand (FUTL) Announces Forward Split.
About this update from Hemp, Inc.
[{"type":"text","content":"\nFutureLand (FUTL) Announces Forward Split\n\nFutureLand (FUTL) Announces Forward Split\n\n\nFutureLand Begins the Process on Announced 3-for-1 Forward Stock Split \n\n\n DENVER, CO--(Marketwired - April 19, 2016) - FutureLand Corp. (OTC PINK: FUTL), a leading provider of strategic real estate investment and grow facilities to the global cannabis industry, today announced that on April 15, 2016, its Board of Directors approved a forward stock split through a stock dividend whereby each share of common stock would effectively be split into three. The Company will issue two more shares of common stock for every one share issued and outstanding on the \"record date\". The \"record date\" will be set with the approval of FINRA, and FUTL common stock is expected to begin trading on a split-adjusted basis post record date. After the record date, those holding physical certificates must turn their certificates back into the transfer agent for new certificates. All others shall receive their new share(s) electronically through their brokers in due course. The Company will file with FINRA for approval of this forward stock split in the coming days. \"With reference to our previous press release and our current business model, the Board took an important step forward for our stockholders. We believe the stock split will make the company more attractive to a larger portion of the investing community, bringing more liquidity and supplying an added opportunity to our current shareholder base,\" stated CEO, Cameron Cox. \"As we continue to expand our business through recent targeted acquisitions, successful implementation of our strategy and by tapping into our relationships with industry leaders such as Hemp Inc. (OTC PINK: HEMP) and HempTech Corp (OTC PINK: BLDWD), the stock split is a further testament of our Board and management team's confidence in the future viability and direction of the company,\" concluded Mr. Cox.About FutureLand CorpFutureLand Corp., a Colorado company, is a cannabis and hemp specialty zoned 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 leas...