RE: just an observation ............10 Jan 2018 17:20
Kenny, you may be right, but that is not what our last official formal RNS states:
"The Transaction
LGC and AfriAg have jointly signed a binding agreement with the House of Hemp in South Africa, for the sole and exclusive right to acquire a 60% beneficial interest in the House of Hemp and upon signing this agreement have committed to make an initial payment of CDN $19,595 within the next two days. LGC and AfriAg have also committed to pay an additional amount of CDN $37,000 by July 28th to House of Hemp for next month's (August 2017) general overheads, salaries and growing facility lease payments. LGC and AfriAg will continue paying CDN $37,000 monthly for a period of six months to keep House of Hemp fully funded while completing the transfer of interest documentation and to allow for sufficient time to complete investigative studies on the most cost efficient ways of commencing scalable production. As part of the transaction, LGC and AfriAg have also committed to secure the necessary CDN $4.9 million estimated to commence large scale trial production within the Dube TradePort Block D greenhouses as soon as development plans are finalised."
The agreement was entered into on the 18 July 2017, therefore we should be updated on proceedings if not completed by 18 January, IMHO.