IGPK completed a reverse merger with JFH Digital E-Commerce Corp. This resulted in a change of control.
Gene Caiazzo and Manuel Losada resigned from all their positions within the Company on 11/30/23.
As stated in the report filed for the quarter ending 9/30/23, All prior merger agreements were rescinded, and the Company is no longer in the Cannabis or Athleisure markets.
A condition to close was that all shares of common stock held by the former insiders would be returned, and all options were canceled. All Series of Preferred shares were to be returned to the Company, and all liabilities were to be settled.
Resulting in zero Assets and zero Liabilities.
New management is going through the process of gaining access to OTCIQ so they can update the Company information. No updates can be made at this time. Once all the background checks have been completed, access will be granted. The process has been known to take several weeks before access is granted.
Simultaneously, the Company, through its counsel, is working to complete a name change with FINRA. This process will take at least 6-8 weeks to complete. FINRA will do a complete review and require many supporting documents from the Company. A fair amount of the information to be requested was filed with the SEC when the Company was reporting. A Dropbox folder was also set up before Closing, with further Due Diligence information needed to support the name change.
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