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Annabidiol Corp. - ACBD STOCK NEWS

Welcome to our dedicated page for Annabidiol news (Ticker: ACBD), a resource for investors and traders seeking the latest updates and insights on Annabidiol stock.

AnnaBidiol Corp (Symbol: ACBD) is a forward-thinking company listed on the OTC Pink market. The company specializes in a variety of sectors, including innovative programming, AI software technology development, and advisory services. Recently, AnnaBidiol Corp entered into a significant Agreement and Plan of Merger with Digital Research Solutions (DRSI), a company known for its pioneering efforts in AI-related technologies since its incorporation in 2015.

In their latest corporate strategy, AnnaBidiol Corp announced the sale of its dba First Harbor Capital (FHC) and its associated domain name. This transaction is strategically timed to facilitate a seamless merger with Digital RS, allowing AnnaBidiol to focus on its core competencies and future growth areas. The divestiture of FHC is expected to streamline operations without impacting the revenue or shareholder value significantly.

AnnaBidiol Corp, under this new merger plan, aims to capitalize on the growing demand for AI and tech advisory services. Kelly Kirchhoff, CEO of DRSI, has expressed enthusiasm about the merger, suggesting that it is the perfect opportunity to scale their AI technology and expand into new markets.

Financially, AnnaBidiol Corp remains committed to transparency and shareholder value, with continuous updates and strategic maneuvers to position itself favorably in the rapidly evolving tech industry. The company is poised to leverage DRSI’s expertise and proprietary technologies to drive innovation and growth.

For more detailed information, visit the official Digital Research Solutions website at https://DRSI.info or contact their Investor Relations at Info.DRSI@yahoo.com.

Rhea-AI Summary

AnnaBidiol has entered into a merger agreement with Targatek, an AI corporate leadership SaaS company. The agreement includes a reverse merger, resulting in Targatek shareholders receiving 85% of AnnaBidiol's common stock after 35,000,000 shares of common stock and 500,000 Series A Preferred shares are canceled. The merger is set to close by September 15, 2024. AnnaBidiol plans to raise $750,000 in a private placement to fund operations and stock redemption. Post-merger, the company expects to reduce its outstanding common shares from 39,990,306 to 30,260,000, with zero preferred shares, warrants, or options remaining. William J. Adams Jr., Targatek's CEO, highlighted the synergy and growth potential of the merger.

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Rhea-AI Summary
AnnaBidiol Corp (OTC Pink:ACBD) has entered into an agreement to sell its dba First Harbor Capital (FHC) and its associated domain name. The sale of FHC and its domain name adds no significant value, revenue, or returns to ACBD or benefit to its shareholders. This transaction is being prepared to pave the way for a seamless transaction with Digital Research Solutions Inc. (Digital RS).
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AnnaBidiol, Inc. announces merger with Digital Research Solutions (DRSI)
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FAQ

What does AnnaBidiol Corp specialize in?

AnnaBidiol Corp specializes in innovative programming, AI software technology development, and advisory services.

What is the significance of the merger with Digital Research Solutions?

The merger aims to enhance AnnaBidiol Corp's capabilities in AI technology and expand into new market opportunities.

Who is the CEO of Digital Research Solutions?

Kelly Kirchhoff is the CEO of Digital Research Solutions.

What is the expected impact of the sale of First Harbor Capital on AnnaBidiol Corp?

The sale is expected to streamline operations without significantly impacting revenue or shareholder value.

What are the core business areas of Digital Research Solutions?

Digital Research Solutions focuses on programming, AI software technology development, and advisory services.

How does AnnaBidiol Corp ensure transparency for its shareholders?

AnnaBidiol Corp commits to providing continuous updates and strategic information to maintain transparency and shareholder value.

When was Digital Research Solutions incorporated?

Digital Research Solutions was incorporated in 2015.

Where can I find more information about Digital Research Solutions?

More information about Digital Research Solutions can be found on their official website: https://DRSI.info.

How does the company plan to leverage DRSI's expertise?

AnnaBidiol Corp plans to use DRSI's proprietary technologies to drive innovation and growth in the tech industry.

Who can I contact for investor relations inquiries?

For investor relations inquiries, you can email Info.DRSI@yahoo.com.

Annabidiol Corp.

OTC:ACBD

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23.99M
Commercial Bakeries
Manufacturing
United States of America
Sarasota