Business
Sky440 Regains Current Reporting Status; Prepping Business Plan Roll-Out
Sky440 Regains Current Reporting Status; Prepping Business Plan Roll-Out.
About this update from Sky440 Inc
[{"type":"text","content":"\nCompany Moving Forward with Horticulture Development Division & Planned Acquisitions\n Irvine, CA, June 21, 2018 (GLOBE NEWSWIRE) -- Sky440, Inc. (OTC PINK: SKYF) announced today that it has regained its current reporting status with OTC Markets and is moving forward with the development of its planned Horticulture Development Division, including the Grow Vessel product line, planned acquisitions, and joint ventures. In addition, Sky440 is taking steps to solidify expected operations in its planned Product Development Division, which includes the anticipated acquisition of one or more products that will enhance planned operations in its Horticulture Development Division. Further, the company has announced that now that it is current, as part of its planned updated administrative structure, Sky440 has no plans to institute a reverse stock split of its common stock at this time.  As Sky440 revises its administrative structure, moves forward with its planned acquisitions, joint ventures and the continued roll-out of its business plan, it expects to provide regular updates to the general public and its shareholders through press releases and updates on social media. In addition, now that Sky440 is current, the company is working with its vendors to have the long awaited updated web site uploaded as soon as possible. In our planned Product Development Division (“PD Division”), our primary focus and planning has been in the three general disciplines, including: (i) The planning to develop, manufacture, sell and service portable housing units; (ii) the planning to acquire and develop consumer ready products utilizing direct response; and (iii) the planning for product development including publishing, marketing and distribution to support the Company's planned product lines. In our HDD Division, our focus has been in five areas: (i) the planning for the development, manufacturing, sales and servicing of the Grow Vessel product line; (ii) planning for future ancillary branded products and consulting services; (iii) planning for incorporation of modern technologies for the Company to provide compliance, payment processing, medical billing, information portals and other Internet-based services; (iv) planning for the future acquisition of real property; and (v) planning for the potential expansion internationally. Sk...