Wealthcraft Capital

Investor News

LOS ANGELES -- Wealthcraft Capital Inc. (OTC PINK: WCCP) ("Wealthcraft" or the "Company") is pleased to announce that it has entered into a third letter of intent to acquire a controlling interest in a Colorado-based CBD company. The intended acquisition is a company which formulates, manufactures and sells over 150 CBD products under its own brand and under white-label contract.

Wealthcraft Capital Announces the Termination of the Agreement to Acquire Infinite CBD

FOR IMMEDIATE RELEASE

August 26, 2019

Wealthcraft Capital Announces the Termination of the Agreement to Acquire Infinite CBD

LOS ANGELES, CALIFORNIA – August 26, 2019 – Wealthcraft Capital Inc. (OTC PINK: WCCP) ("Wealthcraft" or the "Company") announces the termination of the letter of intent to acquire Infinite Product Company LLC of Denver Colorado (“Infinite CBD”).

“It is disappointing that we could not reach an agreement with Infinite CBD and we wish the management of Infinite CBD every success going forward” said Robert Wilson, the CEO of Wealthcraft. “With the termination of this agreement, Wealthcatft will continue it’s initiative to make acquisitions in the CBD industry”.

About Wealthcraft Capital

Wealthcraft Capital is health and wellness company focused on acquiring private companies in the emerging hemp and CBD industry. The Company intends to acquire controlling interests in businesses with a view to becoming vertically integrated across; hemp processing, CBD-based product manufacturing, branding, distribution and sales. Wealthcraft will work with these acquisitions as partners to develop wholesale markets, products and brands that can be introduced into the retail wellness market as well as patient-based facilities and clinics.

Wealthcraft also owns a controlling interest in Geaux Industries, a security services provides located in the Los Angeles area.

For Corporate Information regarding Wealthcraft Capital:

Robert Wilson, CEO
Tel: 416-666-4005
Email: rob.wilson@wealthcraftcapital.com

This Press Release contains certain “forward-looking statements” as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements reflect our current expectations regarding our possible future results of operations, performance, and achievements. Wherever possible, the Company has tried to identify these forward-looking statements by using words such as “anticipate,” “believe,” “estimate,” “expect,” “plan,” “intend,” and similar expressions. These statements reflect our current beliefs and are based on information currently available to us. Accordingly, these statements are subject to certain risks, uncertainties, and contingencies, which could cause our actual results, performance, or achievements to differ materially from those expressed in, or implied by, such statements. Further, the safe harbor provisions of the Exchange Act may not apply to an issuer that issues penny stock. These statements speak only as of the date of this press release. Actual results may

differ materially from those indicated by such forward- looking statements as a result of various important factors. The Company does not assume any obligation to update any forward- looking statements to reflect events or circumstances after the date of this Press Release except as required by applicable law.

Adam Sexton
Wealthcraft Capital Announces an Agreement to Acquire Infinite CBD and Proposed Financing

Wealthcraft Capital Announces an Agreement to Acquire Infinite CBD and Proposed Financing

LOS ANGELES, CALIFORNIA – July 25, 2019– Wealthcraft Capital Inc. (OTC PINK: WCCP) ("Wealthcraft" or the "Company") is pleased to announce that it has entered into a binding letter of intent to acquire Infinite Product Company LLC of Denver Colorado (“Infinite CBD”).    The Company also announces that it intends to complete a financing in the amount of approximately US$2.5 million.

About Infinite Product Company

From it’s facility in Denver, Infinite develops, formulates and manufactures a range of CBD products under the Infinite CBD brand name as well as under a number of white label contracts.Infinite CBD has over 150 CBD product SKU’s including gummies, oils, capsules, lotions, tinctures, beverages, and pet products. Further, the company has developed a line of nano-encapsulated products which provide a higher and more immediate CBD bioavailability. The Company’s Infinite CBD-branded products are sold across the US and internationally both direct on-line as well as through wholesale channels including; pharmacies, dispensaries, smoke shops and convenience stores.

“This transaction with Infinite represents a partnership with a dedicated team of owners who have been successful in building production capability as well as a strong product brand.” said Robert Wilson, the CEO of Wealthcraft. “We look forward to working with the team at Infinite to grow this business both organically and through complementary acquisitions”.

Terms of the Proposed Acquisition

Under the terms of the letter of intent, Wealthcraft will acquire a controlling interest in Infinite CBD in exchange for $2 million cash plus 32.4 million common shares of Wealthcraft.   Of the US$2 million cash portion of the purchase price, US$1.4 million will be invested into Infinite CBD to grow manufacturing capacity, marketing and fund working capital.  

Under the Proposed Acquisition, the founders of Infinite CBD will continue to operate the business and will play an integral role in future acquisitions and strategic partnerships. The founders will have a US$6 million performance-based earnout payable in cash and common shares. Commencing in April 2020 Wealthcraft will have an option to purchase up to 97% interest in Infinite at a valuation based on historical EBITDA performance. The Company has also agreed to provide the founders of Infinite a loan or loans as an advance against the earnout or against exercise of the option to purchase the remaining 97%. 

The Proposed Acquisition of Infinite CBD will represent the first acquisition by Company in the CBD industry. All other previously announced non-binding letters of intent have either lapsed or have been terminated. 

Proposed Financing

Prior to the closing of the proposed acquisition, Wealthcraft intends to complete a financing or financings in the amount of approximately US$2.5 million. The terms of the proposed financing will accommodate the Company becoming a reporting issuer either in the US or Canada. 

Wealthcraft currently has 75,673,060 shares outstanding.Upon completion of the Proposed Acquisition, the Company will have approximately 108,000,000 shares outstanding before completion of the proposed financing and before the adoption of a share option plan. 

Completionof the Proposed Transactionand Proposed Financing aresubject to a number of conditions and a number of business and approval conditions. These conditions may not be satisfied, the occurrence of any event, change or other circumstance that could give rise to the termination of the letter of intent. Therefore, there can be no assurance that the transaction will be completed as proposed or at all.

About Wealthcraft Capital

Wealthcraft Capital is health and wellness company focused on acquiring private companies in the emerging hemp and CBD industry. The Company intends to acquire controlling interests in businesses with a view to becoming vertically integrated across; hemp processing, CBD-based product manufacturing, branding, distribution and sales. Wealthcraft will work with these acquisitions as partners to develop wholesale markets, products and brands that can be introduced into the retail wellness market as well as patient-based facilities and clinics. 

Wealthcraft also owns a controlling interest in Geaux Industries, a security services provides located in the Los Angeles area. 

For Corporate Information regarding Wealthcraft Capital: 

This Press Release contains certain “forward-looking statements” as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements reflect our current expectations regarding our possible future results of operations, performance, and achievements. Wherever possible, the Company has tried to identify these forward-looking statements by using words such as “anticipate,” “believe,” “estimate,” “expect,” “plan,” “intend,” and similar expressions. These statements reflect our current beliefs and are based on information currently available to us. Accordingly, these statements are subject to certain risks, uncertainties, and contingencies, which could cause our actual results, performance, or achievements to differ materially from those expressed in, or implied by, such statements. Further, the safe harbor provisions of the Exchange Act may not apply to an issuer that issues penny stock. These statements speak only as of the date of this press release. Actual results may differ materially from those indicated by such forward- looking statements as a result of various important factors. The Company does not assume any obligation to update any forward- looking statements to reflect events or circumstances after the date of this Press Release except as required by applicable law.

Adam Sexton
Wealthcraft Capital Agrees to Acquire a Controlling Interest in a Third CBD Company

LOS ANGELES--(BUSINESS WIRE)--Wealthcraft Capital Inc. (OTC PINK: WCCP) ("Wealthcraft" or the "Company") is pleased to announce that it has entered into a third letter of intent to acquire a controlling interest in a Colorado-based CBD company. The intended acquisition is a company which formulates, manufactures and sells over 150 CBD products under its own brand and under white-label contract.

While the company’s CBD gummies have become it’s largest selling product, the company also sells CBD gel capsules, cream, capsules, suppositories, tinctures and pet products. Further, the company has developed a line of nano-encapsulated beverages including water, shots and coffee creamer.

“This transaction represents a partnership with a dedicated team of owners who have been successful in building production capability as well as a strong product brand,” said Robert Wilson, the newly-appointed CEO of Wealthcraft. “This transaction will be our largest acquisition to date and is expected to make a meaningful and immediate contribution to revenues and earnings.”

About Wealthcraft Capital

Wealthcraft Capital is a health and wellness company focused on acquiring private companies in the emerging hemp and CBD industry. The Company intends to acquire controlling interests in businesses with a view to becoming vertically integrated across; hemp cultivation and processing, CBD-based product production, branding, distribution and sales. Wealthcraft will work with these acquisitions as partners to develop wholesale markets, products and brands that can be introduced into the retail wellness market as well as patient-based facilities and clinics.

This Press Release contains certain “forward-looking statements” as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements reflect our current expectations regarding our possible future results of operations, performance, and achievements. Wherever possible, the Company has tried to identify these forward-looking statements by using words such as “anticipate,” “believe,” “estimate,” “expect,” “plan,” “intend,” and similar expressions. These statements reflect our current beliefs and are based on information currently available to us. Accordingly, these statements are subject to certain risks, uncertainties, and contingencies, which could cause our actual results, performance, or achievements to differ materially from those expressed in, or implied by, such statements. Further, the safe harbor provisions of the Exchange Act may not apply to an issuer that issues penny stock. These statements speak only as of the date of this press release. Actual results may differ materially from those indicated by such forward- looking statements as a result of various important factors. The Company does not assume any obligation to update any forward- looking statements to reflect events or circumstances after the date of this Press Release except as required by applicable law.

Adam Sexton
Wealthcraft Capital Repositions Its Strategy in Response to the 2018 Farm Bill

LOS ANGELES, CALIFORNIA – January 23, 2019– Wealthcraft Capital Inc. (OTC PINK: WCCP) ("Wealthcraft" or the "Company") is pleased to provide an update with respect to corporate strategy and recent acquisition initiatives. 

With the passage of the 2018 Farm Bill, Wealthcraft is refocusing its acquisition strategy towards hemp cultivation, processing and Cannabidiol (“CBD”) products. “The 2018 Farm Bill changes the entire landscape for the production, marketing, distribution and sale of CBD and other health and wellness-oriented cannabinoids,” said Robert Wilson, President of Wealthcraft. “We believe that this new law will release restrictions in banking and capital markets and accelerate the growth by opening up all aspects of the CBD supply chain.” 

Acquisition Update

In response to its focus on CBD, Wealthcraft is pleased to announce that it has entered into letters of intent to acquire a controlling interest in two CBD companies. The first company is a Pennsylvania-based chain of medical clinics that specialize in providing advice and certification for patients seeking cannabinoid-based therapy. Through their nine clinics, approximately 25 wholesale distributors and approximately 25,000 registered patients, the company provides medical cannabis certification services and sells CBD products both online and through their network of clinics. 

“By leveraging the patient base of their partner-physicians, the company is able to directly reach a wide segment of the population who suffer from a variety of chronic illnesses,” said Robert Wilson, President of Wealthcraft. “We believe this is a unique and sustainable model for CBD sales, education and research that has incredible potential as the company undertakes its expansion into four additional states in 2019,” Wilson added. 

The second letter of intent is with a Colorado-based company which produces and sells a variety of branded CBD products including sublingual & topical sprays, gel caps, vape-pens, and a recently launched, proprietary metered CBD inhaler. The company has a strategic partnership one of Colorado’s largest processing labs, which ensures a continuous supply of consistent quality, full spectrum CBD oil and isolate to meet current and future product demand. 

“The team at Wealthcraft will be working closely with our Denver CBD partner to launch the new products, expand the company’s online reach and fulfill various wholesale channels with product inventory,” said Robert Wilson, President of Wealthcraft. “With the development and implementation of federal regulations in the CBD industry, we believe that having a well-funded, full scale supplier who is moving towards GMP compliance will be a critical competitive advantage.”

Separately, Wealthcraft recently terminated its negotiations that were announced on October 15, 2018 to acquire a controlling interest in a licensed cultivator of cannabis in Las Vegas, Nevada. Pursuant to the terms and conditions of the letter of intent, $100,000 of the deposit has been returned to Wealthcraft. 

About Wealthcraft Capital

Wealthcraft Capital is a health and wellness company focused on acquiring private companies in the emerging hemp and CBD industry.The Company intends to acquire controlling interests in businesses with a view to becoming vertically integrated across hemp cultivation and processing, CBD-based product production, branding, distribution and sales. Wealthcraft intends to work with these acquisition partners to develop wholesale markets, products and brands that can be introduced into the retail wellness market as well as patient-based facilities and clinics. 

This Press Release contains certain “forward-looking statements” as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements reflect our current expectations regarding our possible future results of operations, performance, and achievements. Wherever possible, the Company has tried to identify these forward-looking statements by using words such as “anticipate,” “believe,” “estimate,” “expect,” “plan,” “intend,” and similar expressions. These statements reflect our current beliefs and are based on information currently available to us. Accordingly, these statements are subject to certain risks, uncertainties, and contingencies, which could cause our actual results, performance, or achievements to differ materially from those expressed in, or implied by, such statements. Further, the safe harbor provisions of the Exchange Act may not apply to an issuer that issues penny stock. These statements speak only as of the date of this press release. Actual results may differ materially from those indicated by such forward- looking statements as a result of various important factors. The Company does not assume any obligation to update any forward- looking statements to reflect events or circumstances after the date of this Press Release except as required by applicable law.

Adam Sexton
Wealthcraft Capital Inc. Announces the Appointment of New Management
 

LOS ANGELES, CALIFORNIA – September 19, 2018 – Wealthcraft Capital Inc. (OTC PINK: WCCP) ("Wealthcraft" or the "Company") is pleased to announce the appointment of John MacPhail as CEO and Robert Wilson as President, effective immediately. Both Mr. MacPhail and Mr. Wilson will also be appointed to the new Board of Directors that the Company expects to announce in the near future.

Mr. MacPhail has 30 years of experience in the investment banking industry, having worked at several Canadian investment dealers, including as CEO of a national dealer that he joined during the 2008 economic crisis and later successfully sold to another large Canadian investment dealer. As an investment banker, Mr. MacPhail has been involved in raising in excess of $2 billion dollars for a broad range of companies across various sectors, with a particular focus on healthcare. Most recently, he was CEO of I-5 Holdings Ltd. (“I-5”), a Canadian company with holdings in the US medical cannabis sector. I-5 was sold earlier this year Captor Capital Inc. (CSE:CPTR), a Canadian-listed investment company. Mr. MacPhail also sits on the boards of several other public companies and has been involved with numerous non-profit organizations.

Mr. Wilson has a 30-year career in investment management and investment banking, with a particular focus on M&A, corporate governance and corporate management. During his career, Mr. Wilson has held senior positions in investment banking at BMO Nesbitt Burns, First Marathon Securities, Yorkton Securities and Research Capital.  Mr. Wilson has also managed investment portfolios at a major Canadian venture capital firm as well as at a subordinated debt fund that he co-founded in 2014. Most recently, Mr. Wilson held senior positions at two publicly-listed cannabis companies, where he was responsible for corporate finance and M&A. Over his career, Mr. Wilson has held board seats and senior executive positions at six public companies listed on the CSE, TSX and TSXV exchanges.

“We are extremely pleased to welcome John and Robert to Wealthcraft and believe that their vision of making the Company a leader in the wellness space will create significant shareholder value,” said Adam Sexton, current CEO of Wealthcraft. “I look forward to working with our new leadership team in my role as director during this transition period,” added Sexton.

About Wealthcraft:

Wealthcraft Capital is focused on acquiring private companies that have a focus on the improvement of physiological and psychological wellness.  The Company intends to acquire controlling interests in businesses that have products and brands that can be introduced to new markets such as patient-based facilities and clinics. Through education and feedback from these markets, the Company plans to assemble the data necessary for further product development and clinical research.  

This Press Release contains certain “forward-looking statements” [as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)]. These statements reflect our current expectations regarding our possible future results of operations, performance, and achievements. Wherever possible, the Company has tried to identify these forward-looking statements by using words such as “anticipate,” “believe,” “estimate,” “expect,” “plan,” “intend,” and similar expressions. These statements reflect our current beliefs and are based on information currently available to us. Accordingly, these statements are subject to certain risks, uncertainties, and contingencies, which could cause our actual results, performance, or achievements to differ materially from those expressed in, or implied by, such statements. Further, the safe harbor provisions of the Exchange Act may not apply to an issuer that issues penny stock. These statements speak only as of the date of this press release. Actual results may differ materially from those indicated by such forward- looking statements as a result of various important factors. The Company does not assume any obligation to update any forward- looking statements to reflect events or circumstances after the date of this Press Release except as required by applicable law.



 
Adam Sexton
WealthCraft Capital Acquires Control of Security Service Provider Geaux Industries
 

April 09, 2018 08:30 AM Eastern Daylight Time

LOS ANGELES--(BUSINESS WIRE)--WealthCraft Capital, Inc. (“WealthCraft” or the “Company”) [OTCBB: WCCP] is pleased to announce the acquisition of a majority interest in Geaux Industries (“Geaux”), a provider of security services for commercial, retail and industrial customers, with customized services and special patrol methods applicable for the cannabis industry, in exchange for $1,000,000 of the Company’s common stock at market value. The exchange agreement provides for the Company to acquire the minority interest, under certain terms and conditions. Geaux is licensed by California Department of Consumer Affairs. For selected security operations, it does business under the franchised name of Signal 88 Security.

The Company believes that the security industry will continue to grow at an overall rate of between 6% and 8% growth while in the cannabis industry; growth rate could be substantially in excess of the 10% to 30% predicted for those with an appropriate customer focused business plan. Geaux will continue to address the marketplace with innovative new technologies and services and creative business models for the traditional and non-traditional businesses.

At the closing, the Company provided $100,000 of additional expansion capital obtained as part of the proceeds of a private placement of convertible notes not to exceed $750,000 to be sold and issued and was or is available to investors under Section 4(a)(2) and Rule 506 of Regulation D.

At the closing, Adam Sexton, the Chief Executive Officer of the Company, was appointed to fill a vacancy on the Board of Directors of Geaux.

Management Commentary

Will Mayhew, Jr., President and Chief Executive Officer of Geaux Industries comments: “We are very excited to be working with WealthCraft on expanding our elite specialized security services to protect businesses, property and individuals. We believe that our experience in the security industry in general and in providing specialized services to the medical and recreational cannabis businesses with the economic and business support of WealthCraft will facilitate the addition of additional locations and others in the emerging vertical growth cannabis industry.”

Adam D. Sexton, President and Chief Executive Officer of WealthCraft Capital, Inc. comments: “With the legalization of recreational cannabis in California on January 1, 2018, the Company believes that there is a significant market opportunity for Geaux Industries to be one of the leading providers of specialized security services. We believe that with Will’s leadership, its business operations will expand as cannabis production in the United States increases and as legalization of cannabis progresses. We will also be looking for other business opportunities that support the legal cultivation and processing of cannabis and opportunities in other growth businesses.”

Forward Looking Statements

This Press Release contains certain “forward-looking statements” [as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)]. These statements reflect our current expectations regarding our possible future results of operations, performance, and achievements. Wherever possible, the Company has tried to identify these forward-looking statements by using words such as “anticipate,” “believe,” “estimate,” “expect,” “plan,” “intend,” and similar expressions. These statements reflect our current beliefs and are based on information currently available to us. Accordingly, these statements are subject to certain risks, uncertainties, and contingencies, which could cause our actual results, performance, or achievements to differ materially from those expressed in, or implied by, such statements. Further, the safe harbor provisions of the Exchange Act may not apply to an issuer that issues penny stock. These statements speak only as of the date of this press release. Actual results may differ materially from those indicated by such forward- looking statements as a result of various important factors. The Company does not assume any obligation to update any forward- looking statements to reflect events or circumstances after the date of this Press Release except as required by applicable law.

About WealthCraft Capital, Inc.

WealthCraft is focused on the investment of capital in private companies that are interested in expanding their business by gaining better access to capital, management consulting, and business development. The Company provides financial and administrative services to start-up, emerging growth and mature businesses. We believe that we have access to investment capital and we will be able to identify and take advantage of a profitable business opportunity. The success of our plan of operation will depend on the availability of funding and the management of the business opportunity. Obtaining financing and consummation of a transaction may result in the issuance of our previously authorized and unissued shares of common stock that would result in a reduction in percentage ownership of shares owned by our present and prospective shareholders and the addition of others to our management.

Contacts

WealthCraft Capital, Inc.
On behalf of the Board of Directors:
Adam D. Sexton
Chief Executive Officer
11835 W. Olympic Blvd.
Suite 1235E
Los Angeles, CA 90064
adam.sexton@wealthcraftcapital.com
310-564-1240

 
Adam Sexton