Business
South American Gold Receives Approved Acceptance of LOI to Acquire Cannabis Social Network
South American Gold Receives Approved Acceptance of LOI to Acquire Cannabis Social Network.
About this update from South American Gold Corp
[{"type":"text","content":"South American Gold Corporation (OTC: SAGD) is proud to\nannounce that it has issued and received an accepted and counter signed Letter\nOf Intent for its acquisition of a cannabis social network known as PotCircles.\n\nPotCircles (www.potcircles.com)\nis set to be a global outreach for the hundreds of millions of cannabis users who\nlike to learn, share, and enjoy their lifestyles. Lighting Up on 420, these\nusers will be able to enjoy sharing interactions regarding cannabis with the\nworld, while inviting their present friends and creating new circles of friends\nto expand their lifestyle.\n\nPotCircles is one multiple projects held in privacy by\nGreatDay, Inc., a wholly owned subsidiary of Platinum Pari-Mutuel Holdings,\nInc. (OTC: PPMH). PPMH is an accomplished company with award winning products\nand global recognition. \n\nSAGD director Ed Jang stated “This is an exciting moment for\nthe company. Through the substantial work of a number of our shareholders and advisors\nthe company has been provided with this opportunity to tremendously increase\nshareholder value and move the company name to the next level within the\ncannabis lifestyle. We are extremely appreciative of our shareholders and advisors\nand their efforts.”\n\nWith the acquisition of PotCircles, SAGD will move in to the\nSocial Networking Industry with an open minded thinking development team which\ncould continue to grow SAGD’s presence in this industry.\n\nMr. Jang added, “Through this whole process the company has been\nin discussions with the former co-founder of TBX Group, Inc., which manages the\nmajority of PPMH’s products. After the sale of TBX to PPMH, valued at $128\nmillion, this individual went into the private consulting industry.” The company believes that they will be successful\nin obtaining his knowledge and expertise to lead SAGD into this industry.\n\nAs more information on this transaction or other important\ncorporate actions are available, SAGD will continue to inform its shareholders\nand the public.\n\nAbout\nSAGD: South\nAmerican Gold Corp is focused on becoming the premiere provider of value added\nproducts and services for the cultivation and processing of legal cannabis for\nthe South American medical and recreational markets with an initial focus on\nthe Uruguayan market. \n\n Contact Information:\n\nAddress:...