Agritek Holdings, Inc. Provides Update and Announces Cancellation of Proposed Apex Extractions Acquisition
AGRITEK HOLDINGS INC (AGTK)
NASDAQ:AMEX Investor Relations:
ir.agritekholdings.com
Company Research
Source: GlobeNewswire
LOS ANGELES, CA, Jan. 23, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has terminated its respective agreements to acquire Apex Extractions Inc. as a subsidiary as previously announced yesterday. There are no other payments by Agritek Holdings Inc. associated with terminating the agreement. Earlier today, the Company was made aware of another announcement by a public Company stating the acquisition of Apex Extractions Inc., with Mr. Benson agreeing to act as its CEO. Agritek Holdings Inc. at no time had prior knowledge, was informed or was made aware by its acting CEO Mr. Benson, that there was any pending negotiations, agreement, or announcement being made regarding a second proposed acquisition of the Company by a separate party during the due diligence period. The Company has
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