Good morning Team
Below are 2 investment/partnership offers presented to you.
option 1-available licence ready to be verified
option 2 current application submitted to Minister of Health Lesotho
NB>All options are open for negotiations>
Powertainment (Pty) Ltd is a LESOTHO based licensed cannabis company. Issued Licence Number 18/8/55/2018
Minister of health has issued our company with full operators Cultivation and Extraction application
We hereby seek the JV partnership with potential investor for growing and import supply of cannabis from our company based in Lesotho.
The following will be requested frompotential investor
i)The letter of intent /Offtake agreement from a registered company indicating an intent to purchase Medical Cannabis products in either ,raw marijuana ,Hemp products and raw Hemp from Powertainment (Pty),
ii) Shareholding sale for $1,5Million worth 80 % shares to investor shall be paid to Powertainment Pty Ltd , which will reimburse the operational license fee, Research and Development for a lawyer and researcher in Lesotho as the commission for their services,
(NB,Please note that the $1,5Million is not an investment, but rather the share sales, the project investment will be raised by the investor)
CANNAVITALITY (PTY LTD is a registered Lesotho company
We have submitted our full operators Cultivation and Extraction application to Minister of Health which is at 100% of the legal compliance is approved for final payment
The department of Health want us to pay the license fee of $37,400
The following documents are requested from Investor.
1. Offtake agreement letter
2. Proof of Capital/project assets investment Adequacy .
The following terms is a prerequisite for engaging the potential investor into CANNAVITALITY (PTY LTD in return of 50% company shares .
1.The letter of intent /Offtake agreement from a registered company indicating an intent to purchase Medical marijuana products in either ,raw marijuana ,Hemp products and raw Hemp from CANNAVITALITY (Pty),
2.Capital investment and
3. Licence fee payment $37 400
Offered shares are as follow..
Attached is the confirmation letter issued by Minister of Health office Lesotho ,the letter confirms our application compliance and a green light/ to pay $37400 (application fee +inspection fee) and the full operational License of CANNAVITALITY
We are requesting You to sign the partnership MOU with Cannavitality and immediately pay the $37400 license fee to Minister of Health bank account in order to release our operating License..(see attached)
And we start working together..
I hope the information is clear..
Please feel free to can me on +2605445695 for more verbal clarity of any