E-Debit Global Corporation from 2001 through to March 2014 was a publicly listed company and reporting issuer with the SEC and Alberta/British Columbia
NOTE TO READERS AND SHAREHOLDERS- We are constantly updating our web-site to ensure the most current and ongoing corporate business reporting is available to all. The historical postings will be placed for reference within the web-site and can be accessed on the related buttons on the front page. For full transparency you can access our historical front page postings by clicking on the About Us button above.
OR: Click on the 8K Filing button below
December 18, 2017 - Administration - With the announcement of the Acquisition of AGH WA, LLC as per the Company's WSHE-FINRA (the Financial Industry Regulatory Authority) posted correspondence the Company has completed the full administrative and operational agenda outlined and approved at our Shareholder meeting on March 27, 2017. You can access all related correspondence by going to our About Us page and clicking on WSHE-FINRA related buttons.
2017.07.25 - WSHE information update
Upon reviewing the 8K today can you advise:
Q1 Why all the resignations of directors? Can I assume that the business plan reached a roadblock, is no longer feasible, and the directors lost interest in the Company?
Answer: While we transition our business focus and ongoing filing requirements there is a requirement for the long serving previous directors to move aside for a new team ..........
You can access our SEC Form 15 filing by clicking above.
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E-DEBIT GLOBAL CORPORATION
NOTE: You can access E-Debit Global Corporation's December 18, 2017 8K SEC/FINRA filing which includes a copy of the Company's Press Release and the WSHE/AGH definitive Stock Purchase Agreement by clicking on the SEC button below.
NOTE: FOR AN OVERVIEW OF AGH's BUSINESS OPERATIONS CLICK ON THE BOX AND RELATED LINKS BELOW
ANNOUNCEMENT- December 18, 2017
FURTHER TO OUR PREVIOUS ANNOUNCEMENT OF NOVEMBER 20, 2017 - E-DEBIT GLOBAL CORPORATION ANNOUNCES THE CLOSING OF: Its First Strategic Move within the Licensed Marijuana Market-Place with the Acquisition of AGH WA, LLC operating as Affordable Green Holdings.
Golden, Colorado - E-Debit Global Corporation (OTC Markets: WSHE) ("E-Debit", WSHE" or the Company") is pleased to announce the acquisition (the "Acquisition") of all the issued and outstanding shares of AGH WA, LLC a Washington State Limited Liability Company doing business as Affordable Green Holding )"AGH") pursuant to the terms of a definitive stock purchase agreement (the "Stock Purchase Agreement") dated December 7, 2017 (the "Acquisition Date").
The Acquisition represents the Company's first strategic entry into the licensed marijuana market-place in the United States by providing the Company mature resources, assets and regulatory tools to help accelerate the Company's expansion with the State of Washington and to establish the foundation for jurisdictional expansion based on individual State regulatory opportunities throughout the United States.
Headquartered in Tacoma, WA, AGH is a management company that holds and leases intellectual property, trademarks, real-estate, and equipment. Through management and service agreements AGH offers its marketplace partners access to brands and service that have been in the cannabis space since 2008. With physical operations throughout the State of Washington, AGH is a privately owned Washington state LLC holder of property conducting Tier 111 licensed production of organic cannabis, at its 250+ acre Big Ridge Farms which is also home to two (2) LCB Processing licenses and through its Sweet Nirvana Bakery operations has created on of the industry's most comprehensive family of brands which include: Rockit Conez, JamRocks, Groovy Chew, Peanut Butter Bliss Bits, Cannabliss, Tasty Toke, Rockit Oil, Nirvana Nectar, Nirvanna Caps (CBD), Firebird Vaporizers, Tasty Toke, Black Label Organics, Rebel Rosin, and Legal Out West.
Doug Mac Donald, E-Debit's President and CEO states: "When we set the strategy for E-Debit to enter into the marijuana market-space itwas about building a dynamic regulatory, compliant platform which would advance sustainable growth for both the industy, our industry partners and our shareholders. The acquisition of AGH will act as a strategic too to help us with on-going partnerships and opportunities, but most importantly brings industry experience, expertise and current market-place participation to immediately jump start the Company's development and the execution of our existing and prospective relationshps not only within the State of Washington but throughout the regulated market-place both inside the US and elsewhere."
In connection with the Acquisition, the Agreegate Purchase Price to be delivered to AGH is Five Million ($5,000,000 USD) with an additional capital contribution into the AGH operations post acquisition of $1,500,000 for total consideration of ($6,500,000 USD) as follows:
"We are pleased to be able to announce this acquisition after assessing the numerous opportunities which have been presented to us and reviewed over the past seven months, none of which compares to our financial and business evaluation of the AGH Group whom I and the entire E-Debit management team believe has tremendous pedigree and well suited for expansion in the legal and regulated marijuana business environment. As much as this is a strategic acquisition for the Company our interaction with the management and operators of AGH has solidified a winning combination as the marijuana industry expands and becomes more competitive: added Mr. Mac Donald.
Doug Mac Donald on behalf of the E-Debit Global Corporation Board of Directors