CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Files Registration Statement with the SEC
California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced that on July 26, 2019, it filed a registration statement with the SEC on Form S-1 to register shares of the company’s common stock underlying the $600,000.00 convertible note recently issued to an institutional investor, as well as other securities to be issued to the investor. Now that the registration statement has been filed, the investor is required to fund the second tranche of $1,400,000 in accordance with the terms of the securities purchase agreement. Grapefruit anticipates the second tranche will be funded this week.…