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Sarasota, Florida–(Newsfile Corp. – May 4, 2021) – INCC (International Consolidated Companies, Inc.) (OTC Pink: INCC) right this moment introduced it has entered right into a definitive settlement to amass the enterprise and property of Blue Plant Farms, LLC with an anticipated closing on May 30, 2021. Blue Plant Farms produces CBD hemp oil merchandise below a number of model names providing improved bioavailability via the Company’s proprietary water-soluble formulations.
Blue Plant Farms’ product suite consists of:
Blue Plan Farms Product Suite.
To view an enhanced model of this graphic, please go to:
- EEZ-AWAY” OTC Drug Single Application CBD with Emu Oil for topical pain relief
- CBD Millennial Blend” Coffees w/25gm Full Spectrum Hemp Oil in Ok-Cup capsules
- NOOTROPIC” Blueberry Hemp-Shroom Nootropic Shot for well-being.
- BLUDOG” Phyto-Cannabinoid for Dogs & Cats with 250 mg CBD
EEZ-AWAY” is the first BPF product to use PureForm CBDTM, 100% Nature-Identical CBD. The exact same molecule, every time. No THC or any other hallucinogens are ever present in starting materials or finished product.
Since PureForm CBDTM is manufactured in their labs, where there are no production capacity constraints due to crop damage or limitations of any kind; No hemp or cannabis-based regulatory constraints; No: Toxic Impurities, Heavy Metals, Pesticides, Neurotoxins, or Mycotoxins. No Variability in Product Quality.
CBD is cannabidiol, one of 140 cannabinoids -naturally occurring compounds found in cannabis plants. CBD is cannabidiol, one of 140 cannabinoids -naturally occurring compounds found in cannabis plants. Generally speaking, Research supports CBD’s benefits in a range of conditions.
Terms of the Deal: $5MM in Preferred Z shares (4mm A. Uccello / 1MM C.J. Ornburg); Preferred Z shares are not convertible to the Company’s common shares.
Sales Milestones and Bonus Structure
|Year 1= $5,266,499||1mm Preferred Z shares|
|Year 2= $20,180,835||2mm. Preferred Z shares|
|Year 3=$ 36,800,835||3mm Preferred Z shares|
|Year 4= $ 53,420,835||4mm Preferred Z shares|
INCC anticipates launching the Company’s National Go-To-Market strategy on July 1, 2021 through Blue Plant Farms’ sales and distribution contract with a 90,000-member convenience store association, with initial goals calling for insertion of products into 5,000 convenience stores over the next 24 months.
Valuation Econometrics was engaged by INCC to value BPF on the merits of its contract for implementation of 5,000 C-stores and only the (1) EEZ-AWAY” product. This valuation doesn’t embody another merchandise or distribution channels together with extra C-stores.
In addition, INCC right this moment introduced the addition of Thomas J. Megale, CPA to the Company’s board of administrators, becoming a member of Antonio Uccello – CEO and Chairman of the Board, and Jeffrey Ornburg – Director.
Antonio Uccello – Chief Executive Officer / Chairman of the Board
Mr. Uccello is the founder, President, Chief Executive Officer, Chairman of the Board of Directors and the Chief Financial Officer of the Company. Mr. Uccello attended faculty on the University of Connecticut and took graduate programs at Hunter College in New York City. Mr. Uccello has been within the securities business for 13 years. Mr. Uccello has intensive expertise in finance and is chargeable for the over-all profitability of the Company.
C. Jeffrey Ornburg – Director
Jeffrey Ornburg was the co-founder and Managing Partner of Excelsior Benefits, Excelsior Companies, and Excelsior Endeavors. Excelsior Benefits is a nationwide basic company working within the small to mid-market worker advantages. Representing United Healthcare, Blue Cross Blue Shield, Principal Financial, TransAmerica, Human. Mr. Ornburg performed an integral function in rising the company to over a $1.8 billion in annualized premium earlier than not too long ago being acquired by United Healthcare. Excelsior Companies is a nationwide basic company for LifeLock’s worker advantages division and has not too long ago been acquired by Symantec. Prior to beginning Excelsior Jeff was a Sr. Vice President with the Principal Financial Group and has sat on the boards at UHC, BCBS and TransAmerica and was the board chair for Lake Tahoe School. Jeff earned a BSBA in Aerospace Science from the University of North Dakota and presently resides in Incline Village, NV.
Thomas Megale – Director
Thomas Megale is on the board of Greenrose Acquisition Corp. and Managing Member at T J Megale CPA PLLC. He beforehand was Partner at Abbate & Megale. Mr. Megale acquired an undergraduate diploma from Wallace E Carroll School of Management.
About International Consolidated Companies, Inc.
International Consolidated Companies (INCC) was based in 2002. INCC is targeted on buying and rising companies that provide innovation, high quality, and cost-efficient Cannabis applied sciences.
This press launch might comprise sure forward-looking statements and knowledge, as outlined inside the that means of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is topic to the Safe Harbor created by these sections. This materials might comprise statements about anticipated future occasions and/or monetary outcomes which can be forward-looking in nature and topic to danger and uncertainties. Such forward-looking statements by definition contain dangers, uncertainties and different components, which can trigger the precise outcomes, efficiency or achievements to be materially totally different from the statements made herein.
SOURCE: International Consolidated Companies, Inc.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/82803