E-Debit Global Corporation (OTCMKTS:WSHE) Files An 8-K Unregistered Sales of Equity SecuritiesItem 3.02 Unregistered Sales of Equity Securities
The Company has entered into a Stock Purchase Agreement with the members of AGH WA, LLC (“AGH”) to the acquisition of 50% of the membership units of AGH. to the agreement the Company will issue 250,000,000 shares under the following terms:
| i. | $4,000,000 through the issuance of 200,000,000 Common Shares issued at the rate of $0.02 per share |
| ii. | $1,000,000 through the issuance of 50,000,000 Common Shares issued at the rate of $0.02 per share and held in escrow to be released to the AGH Shareholders on the audited valuation of $5,000,000 for the AGH organization and assets. |
A copy of the Stock Purchase Agreement is attached hereto as Exhibit 99.2.
SECTION 7 – REGULATION FD
Item 7.01 Regulation FD Disclosure.
Press Release
The information in this Item 7.01 of this Current Report is furnished to Item 7.01 and shall not be deemed "filed" for any purpose, including for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act regardless of any general incorporation language in such filing.
On December 15, 2017, the Company issued a press release. A copy of the press release is attached hereto as Exhibit 99.1.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following is a complete list of exhibits filed as part of this Report. Exhibit numbers correspond to the numbers in the exhibit table of Item 601 of Regulation S-K.
E-Debit Global Corp. ExhibitEX-99.1 2 edebit_8k-ex9901.htm PRESS RELEASE EXHIBIT 99 E-Debit Global Corporation Announces its’ First Strategic Move Within the Licensed Marijuana Market Place With the Acquisition of AGH WA,…To view the full exhibit click here
About E-Debit Global Corporation (OTCMKTS:WSHE)
E-Debit Global Corporation focuses on providing integrated electronic commerce and payment solutions, including merchant transaction processing services through its various subsidiaries and corporate partners. The Company focuses on automated teller networks around the nation. The Company focuses on end-to-end transaction solutions in North America. The Company acquires, authorizes, switches and settles financial transactions across multiple channels. The Company’s services include VENCASH automated teller machine (ATM), electronic fund transfer (EFT) payments, processing and card products. The Company’s EFT payments include Payroll and other EFT functions. The Company’s card products include Closed Loop, Pre-Paid, Debit, Credit Cards and Loyalty.
