The last time we mentioned Integrated Ventures Inc (OTCMKTS:EMSF) here on Street Register, the company was known as EMS Find Inc. and in addition to a new billing, there have been a couple of developments in July already that we wanted to swing back around to mention.
The name change itself occurred just last month, with the company becoming Integrated Ventures, Inc, “consistent with all-new business strategy to expand its operations into different sectors through a holding company structure.”
Integrated Ventures Inc (OTCMKTS:EMSF) hasn’t wasted much time since then in informing shareholders about its varied new activities. Those included the signing of an Exclusive Distribution Agreement for the State of Puerto Rico with Viva Entertainment Group, Inc (OTC: OTTV).
Under terms of the agreement, Integrated Ventures has agreed to distribute VivaLive TV’s products, content and services to its commercial and residential clients, including wireless service providers and dealers. In addition, Integrated Ventures, Inc intends to market VivaLive TV products, content and services via partnerships with hotel chains, manufacturers, major retail chains and health care organizations. (Source: PR Newswire)
Even more recently, the company signed a Letter of Intent to acquire assets of AgroPharma Laboratories (“APL”), a reliable and established revenue-generating manufacturer and distributor of industrial chemicals with a goal of becoming a dominant player in the nutritional, personal care, pharmaceutical, and specialty chemical supply chains.
In direct connection to the signing of this LOI, the Company disclosed the execution of a Non-Disclosure Agreement (“NDA”) with a Private Company for the purposes of exploring a significant business opportunity involving a joint venture or acquisition of a pre-approved license for the Cultivation and Manufacturing of Medicinal Cannabis in Puerto Rico.
This NDA allows the Company to receive certain confidential documents, to enter into discussions and to initiate negotiations regarding forming a joint venture or acquiring a controlled stake and operating business of Cultivating and Manufacturing of Medicinal Cannabis.
Steve Rubakh, CEO, states, “We are continually evaluating business opportunities and looking to build up our portfolio and very excited about these two extremely synergistic transactions. We plan to register the combined entity under a new name of AgroPharmacia. The solid infrastructure that currently exists with APL will act as a launching pad for expansion of its market share and will facilitate an entry into high growth markets.”
At the present time, the Company reports conducting due diligence in regards to the commercial cultivation of medical marijuana under the newly established regulations pertaining to the cultivation of marijuana for medical purposes. While it is the intention of the Company to ultimately become a Licensed Cultivator and Manufacturer of Medicinal Cannabis, there can be no assurances that it will be able obtain the necessary legal permits to operate. The Company has not entered into any Definitive Agreements with the Private Company. The discussions remain at a due diligence stage and there can be no assurances that both parties will enter into a Binding Agreement. (Source: PR Newswire)
So in addition to the fact that we’ll have to keep a lookout for an eventual symbol change to match the company’s new name, we also want to monitor its progress vis a vis its potential entry into the cannabis space, which is of course, one of our favorites. Want to keep up with developments on EMSF? Stay locked on StreetRegister.com and be sure you’re signed up for our 100% free smallcap newsletter. Simply enter your primary active email address in the box below! Subscribe now!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in EMSF stock, short or long.