EVITRADE to Add a Supply Chain Management Element to Its Hemp Based Business Assets

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

EVITRADE to Add a Supply Chain Management Element to Its Hemp Based Business Assets



Vancouver, British Columbia (FSCwire) - EVITRADE Health Systems Corp. (CSE:EVA, OTCQB: EVAHF) (the “Company” or “EVITRADE”) announces the signing of a non-binding letter of intent (“LOI”) with Western Agri Supply Solutions Corp. (“WASSC”). WASSC is an agricultural supply company that is in the business of supply sourcing and supply-chain management in the industrial Hemp markets.

 

“We are excited to be adding a hemp supply solution to our portfolio of Hemp assets” said C.K. Cheung, CEO of EVITRADE; “Closing the supply loop that we require for the successful operation of an extraction operation will be key to controlling one’s destiny in the ever increasingly competitive space of the North American Hemp industry.”

 

“Managing our own supply-chain only makes sense to us.  Through this we will be better able to manage pricing and ultimately, margins for the company.” Continued C.K. Cheung. 

 

The LOI with Western Agri Supply Solutions Corp. is pursuant to Evitrade negotiating with WASSC to complete a transaction (the “Proposed Transaction”) whereby Evitrade will acquire all of the outstanding share of WASSC in exchange for an aggregate of up to 20,000,000 shares of Evitrade issued at the deemed price of $0.30 per share. The result of the Proposed Transaction would be that WASSC would become a wholly-owned subsidiary of Evitrade.

 

Management continues to strive to seek optimal business and commercialization strategies for the Company.  Due to confidentiality provisions in the non-binding LOI, full details of the transaction will be available upon a final definitive agreement.

 

Contact: C.K. Cheung, CEO & Director

 

EVITRADE Health Systems Corporation

(formerly Auxellence Health Corporation)

Email [email protected]

Website http://www.evahealthsystems.com

CSE Micro-site: http://thecse.com/en/listings/technology/evitrade-health-systems-corp

US OTC Markets: http://www.otcmarkets.com/stock/EVAHF/news

 

About EVITRADE Health (CSE: EVA, OTCQB: EVAHF)

 

EVITRADE Health Systems Corp. (formerly Auxellence Health Corp.), is a Technology company specializing in the Life Sciences sector looking to deliver effective health solutions with a higher degree of predictability and consistency.

 

The Company is focused in four main areas, Autonomous Medical Care, Molecular Biology, Nutraceutical Solutions and Genetic Selection.  Through its Focus on Autonomous Medical Care, the Company offers a physiologically interactive computing platform that integrates medical devices and artificial intelligence applications into a fully automated, personal health management system for hypertension, arrhythmia, diabetes, and obesity.

 

Disclaimers – Forward Looking Statements

 

This news release contains forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward looking statements. The company disclaims any intention or obligation to revise or update such statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis and other disclosure filings with Canadian securities regulators and on the OTC Markets website which is posted on www.sedar.com, http://thecse.com/en/listings/technology/evitrade-health-systems-corp, and http://www.otcmarkets.com/stock/AXHLF/filings. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither the Canadian Securities Exchange (CSE or CNSX Markets), nor its Regulation Services Provider (as that term is defined in policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.







Source: EVITRADE Health Systems Corp. (CSE:EVA, OTCQB:EVAHF)

To follow EVITRADE Health Systems Corp. on your favorite social media platform or financial websites, please click on the icons below.


 

Maximum News Dissemination by FSCwire. https://www.fscwire.com

 
 

Copyright © 2018 FSCwire





Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).