1PM INDUSTRIES, INC. (OTCMKTS:OPMZ) Files An 8-K Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities.
On May 25, 2017, the Company received a conversion notice to
issue 14,744,489 shares of its common stock to JSJ in exchange
for $4,621.21 of principal balance and $3,488.26. of accrued
interest of the $55,000 Convertible Note. The remaining balance
on the note is approximately $0. The Company had two notes with
JSJ, this represents the full conversion of all of JSJs
convertible notes.
About 1PM INDUSTRIES, INC. (OTCMKTS:OPMZ)
1pm Industries, Inc., formerly Torrent Energy Corp., is focused on the sale and distribution of medical marijuana under the brand Von Baron Farms. The Company sells various products, including Cookie Spread, Peanut Butter, CBD Cookie Spread, CBD Mango Shot, THC Shot, Combo Shot, and Pancake and Waffle Batter. The Company distributes its Von Baron Farms product at www.vonbaronfarms.com. The Company sells its products in approximately 40 dispensaries. The Company is also in the process of selling its Von Baron Farms product line in non-medical marijuana product line through Amazon and eBay. It is also engaged in the development of a CBD product line. The Company developed a line health and wellness products under the NewGenica brand. The Company developed four products under this brand, including AquaTrim, DreamTrim, Eat & Trim and D-Tox 15. The Company purchases the products from a third-party manufacturer who private labels health and wellness products. 1PM INDUSTRIES, INC. (OTCMKTS:OPMZ) Recent Trading Information
1PM INDUSTRIES, INC. (OTCMKTS:OPMZ) closed its last trading session up +0.00070 at 0.00190 with 19,901,015 shares trading hands.
