Ultimate Sports, Inc. plans to acquire Sannabis S.A.S., a licensed medical marijuana Company in Colombia. For every VSYM share held, holder will receive .002 shares of USPS.
Baltimore-USA, Barranquilla-Colombia, July 01, 2022 (GLOBE NEWSWIRE) — View Systems, Inc. (OTC: VSYM), the developer of the award winning ViewScan Concealed Weapons Detection and Asset Control System, with over 500 installations in schools, government buildings, ports, banks, correctional facilities, and military bases around the World, and Ultimate Sports, Inc, (OTC: USPS), a Men’s Health and Wellness Company, announce plans for a distribution of shares in Ultimate Sports, Inc. (USPS) to View Systems (VSYM) shareholders of record as of June 30, 2022.
Both Companies have decided that for every one share owned of VSYM on June 30, 2022, holder will receive .002 shares of USPS. Until finalized, mechanics are subject to change, but the spirit of the transaction will remain the same. View Systems’ and Ultimate Sports’ transfer agents will handle the distribution, more details to come once plan has been executed.
View Systems, Inc. and Sannabis S.A.S., a licensed medical marijuana company in Colombia, have an effective Memorandum of Understanding in place for VSYM to acquire Sannabis. View Systems has decided that its interest in Sannabis is better placed in USPS, which will issue shares to VSYM shareholders at a ratio of .002 shares of USPS for every one share of VSYM. Final terms of…
