Pharmagreen Biotech Inc. (f/k/a Air Transport Group Holdings, Inc.) Update

Author's Avatar
Jul 04, 2018
Article's Main Image

Carson City, Nevada, July 03, 2018 (GLOBE NEWSWIRE) -- Pharmagreen Biotech Inc. (“Pharmagreen Biotech”) (“the Company”) (OTC PINK: AITGD), incorporated under the laws of Nevada, announces that during May 2018, it completed the share exchange agreement entered into on April 12, 2018 with WFS Pharmagreen Inc., a private company incorporated under the Corporations Act of British Columbia, Canada. With the completion of this transaction the stakeholders of WFS Pharmagreen Inc. held approximately 95.5% of voting control of the Company. This transaction is treated as a reverse merger with WFS Pharmagreen Inc., being the acquirer and the Company being the acquiree. In connection with this transaction, the Company intends to change its year end from April 30th to September 30th. The shares issued are subject to restrictions under applicable securities law.