View Systems, Inc. (OTC: VSYM) and Ultimate Sports, Inc. (OTC: USPS) Announce Plans to Release… | New
Ultimate Sports, Inc. plans to acquire Sannabis SAS, a licensed medical marijuana company in Colombia. For each VSYM share held, the holder will receive 0.002 USPS shares.
Baltimore-USA, Barranquilla-Colombia, July 01, 2022 (GLOBE NEWSWIRE) — View Systems, Inc. (OTC: VSYM ), the developer of the award-winning ViewScan concealed weapons detection and asset control system, with more than 500 installations in schools, government buildings, ports, banks, correctional facilities and military bases worldwide, and Ultimate Sports, Inc., (OTC: USPS), a Men’s Health and Wellness Company, Announces Intention to Distribute Shares of Ultimate Sports, Inc. (USPS) to Registered View Systems (VSYM) Shareholders as of June 30, 2022.
The two companies have decided that for every share held by VSYM as of June 30, 2022, the holder will receive 0.002 shares of USPS. Until they are finalized, the mechanics are subject to change, but the spirit of the deal will remain the same. Transfer agents from View Systems and Ultimate Sports will handle distribution, with more details to come once the plan is executed.
View Systems, Inc. and Sannabis SAS, a licensed medical marijuana company in Colombia, have established an effective memorandum of understanding allowing VSYM to acquire Sannabis. View Systems has decided that its stake in Sannabis is better placed in USPS, which will issue shares to VSYM shareholders at a ratio of 0.002 USPS shares for each VSYM share. The final terms of the Sannabis acquisition will be announced at a later date.
View Systems, Inc. is currently completing the 10K for 2021 and plans to file the 10K for 2020 as soon as possible. Their PCAOB audit firm and accountants are finalizing the reports.
View Systems, Inc. reports an increase in inquiries for its ViewScan concealed weapons detector due to recent school shootings. View Systems has been securing high schools for over 10 years with more than 70 ViewScans installed in Detroit high schools alone, keeping thousands of students safe every day. For an ABC News clip from ViewScan detecting a Detroit student with 2 gun hits, https://www.wxyz.com/news/region/detroit/mumford-high-school-student-faces-charges-after-guards-find-gun-in-his-backpack
View Systems, Inc. planned to transform the security business into a wholly owned subsidiary, View Systems International, Inc. (VSII), offering a VSII stock dividend to shareholders of record on February 19, 2021. Due to independent circumstances of their will, they reevaluate the distribution of dividends.
Sannabis manufactures products and has hired a marketing company to launch an aggressive sales campaign in Colombia. While they build their cultivation and manufacturing facilities, they purchase raw materials from a reputable, publicly traded, licensed supplier and use third-party labs. Sannabis Master Formulas are ready to be prescribed by doctors and dispensed, first by the laboratory, then by the Sannabis Dispensaries being developed in association with Institutional Health Providers (IPS).
For a Sannabis catalog with CBD Magistral Formula, visit, https://issuu.com/sannabis/docs/brochure_sannabis_2022_isuu
Sannabis doctors are on call for telemedicine or office visits. Sannabis Wellness Centers offer the only legal way to obtain raw cannabis in Colombia, where there are no dispensaries. They will franchise their business model to all cities in Colombia to provide responsible medical cannabis users with a safe place to learn how to grow and store a traceable plant. The Sannabis Wellness Center offers a 4-session course that certifies the producer and issues them with a Sannabis Producer Card. Several municipalities are in favor of this economic model to reduce crime and not feed the black market. For more information, visit https://oferta.sannabis.co/curso-de-autocultivo
Follow the Ultimate Sports Twitter page for updates on men’s wellness and sannabis, https://twitter.com/SannabisUSPS
Ultimate Sports, Inc. will continue to expand its men’s health services business and integrate Sannabis men’s wellness products. The company will share more details in the very near future as it plans a name change to Sannabis Inc.
About View Systems Inc.
View Systems is the developer of the ViewScan weapons detection system, a product used by law enforcement and correctional facilities, government agencies, schools, courthouses, special events, sports venues, military and commercial enterprises. For more information, visit www.viewsystems.com. ViewScan is installed in government agencies in Washington, DC and elsewhere, major school systems, correctional facilities, ports and police stations around the world. View Scan has also been used at events where maximum security clearance is required for past presidents. In this market research report commissioned by the US Department of Homeland Security (DHS), ViewScan features are described, https://www.dhs.gov/sites/default/files/publications/WTMD-MSR_0614-508.pdf
About Ultimate Sports, Inc.
Ultimate Sports, Inc.’s Advanced RX Men’s Online Medical Clinic provides licensed physicians to diagnose and treat male health and wellness issues using a new standard of care for men who simply don’t don’t have the time or want to avoid the potential embarrassment of sitting in a men’s emergency clinic waiting for diagnosis and treatment. MENS ARX recognizes that time is precious and patients can’t always take time off from work or family life to get to the doctor. The use of face-to-face online video technology allows patients to interact in real time with a licensed physician. Patients can confidentially discuss any male health or wellness concerns with a licensed physician and, if appropriate, and after diagnosis, Men’s Advanced RX can prescribe medication by mail order or at a local pharmacy. Ultimate Sports is also looking for strategic mergers and acquisitions. www.mensarx.com.
About Sannabis SAS
The roots of sannabis began in Colombia in 1996 when his partner, Juan Paulo Guzman, inspired by European initiatives, began to investigate the use of industrial cannabis. This was during a period of unrest when left-wing guerrillas were in constant battle with the Colombian army. Ironically, the industrial use of cannabis was a topic both sides favored, and both allowed Mr. Guzman access to the Cauca Mountains to grow cannabis. A timeline can be seen at https://www.tallerlibre.org/historia In 2014, Mr. Guzman partnered with New Colombia Resources, Inc. (NCR) to form Sannabis SAS to develop a medical marijuana business. At the time, NCR President John Campo was making headlines promoting a movement to legalize cannabis in Colombia, https://www.semana.com/medicamentos-legales-derivados-del-cannabis-marihuana/199474/ From there, Sannabis was trained to work with the indigenous tribes of the war-torn Cauca Department to help them grow their native plant and turn it into medicinal products. A constitutional sentence allowed native tribes to cultivate and process their native plants, such as cannabis, into finished products. For more information, visit www.sannabis.co.
See Systems, Inc.
John Campo, President/President
+1-410-236-8200 USA (Office/WhatsApp)
+57-318-657-0918 Colombia (Office)
Forward-Looking Statements: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing terms such as “anticipate”, “seek”, intend, “believe”, “plan”, “estimate”, “expect”, “project”, “plan” or similar expressions may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Act Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include funding, future US and global economies, the impact of competition, and the Company’s dependence on existing regulations. View Systems, Inc. or Sannabis SAS assumes no obligation and does not intend to update the results of any such forward-looking statements.