Dogecoin Cash, Inc. Subsidiary MEME Coins Inc. Acquires 1 Billion DOG Tokens from Tipestry, Inc.
Dogecoin Cash (OTC: CBDS) has announced that its subsidiary, MEME Coins Inc., has entered into a definitive agreement with Tipestry, Inc. to acquire 1 billion Dogecoin Cash (DOG) tokens. The deal involves MEME Coins Inc. issuing 500,000 preferred shares valued at $20.00 each to Tipestry in exchange for the tokens.
This marks MEME Coins' third DOG acquisition, bringing their total holdings to 2.02 billion DOG tokens. The agreement, executed on March 12, 2025, involves no dilution to existing common shareholders of Dogecoin Cash. The transaction will be completed upon mutual fulfillment of obligations and is governed by Colorado state laws.
CBDS operates PrestoDoctor, a medical cannabis telemedicine platform, and holds patents for an Ecuadorian Sativa cannabis strain and a hypertension treatment lozenge. The company focuses on cannabis product development, telemedicine, and blockchain innovation.
Dogecoin Cash (OTC: CBDS) ha annunciato che la sua sussidiaria, MEME Coins Inc., ha stipulato un accordo definitivo con Tipestry, Inc. per acquisire 1 miliardo di token Dogecoin Cash (DOG). L'accordo prevede che MEME Coins Inc. emetta 500.000 azioni privilegiate del valore di $20,00 ciascuna a Tipestry in cambio dei token.
Questo segna la terza acquisizione di DOG da parte di MEME Coins, portando le loro partecipazioni totali a 2,02 miliardi di token DOG. L'accordo, firmato il 12 marzo 2025, non comporta diluizione per gli azionisti comuni esistenti di Dogecoin Cash. La transazione sarà completata al reciproco adempimento degli obblighi ed è regolata dalle leggi dello stato del Colorado.
CBDS gestisce PrestoDoctor, una piattaforma di telemedicina per la cannabis medica, e detiene brevetti per una varietà di cannabis Sativa ecuadoregna e una pastiglia per il trattamento dell'ipertensione. L'azienda si concentra sullo sviluppo di prodotti a base di cannabis, telemedicina e innovazione blockchain.
Dogecoin Cash (OTC: CBDS) ha anunciado que su subsidiaria, MEME Coins Inc., ha firmado un acuerdo definitivo con Tipestry, Inc. para adquirir 1 mil millones de tokens de Dogecoin Cash (DOG). El acuerdo implica que MEME Coins Inc. emitirá 500,000 acciones preferentes valoradas en $20.00 cada una a Tipestry a cambio de los tokens.
Esto marca la tercera adquisición de DOG por parte de MEME Coins, aumentando sus tenencias totales a 2.02 mil millones de tokens DOG. El acuerdo, ejecutado el 12 de marzo de 2025, no implica dilución para los accionistas comunes existentes de Dogecoin Cash. La transacción se completará tras el cumplimiento mutuo de las obligaciones y está regida por las leyes del estado de Colorado.
CBDS opera PrestoDoctor, una plataforma de telemedicina para cannabis medicinal, y posee patentes para una variedad de cannabis Sativa ecuatoriana y un caramelo para el tratamiento de la hipertensión. La empresa se centra en el desarrollo de productos de cannabis, telemedicina e innovación en blockchain.
도지코인 캐시 (OTC: CBDS)는 자회사인 MEME Coins Inc.가 Tipestry, Inc.와 10억 개의 도지코인 캐시 (DOG) 토큰을 인수하기 위한 확정 계약을 체결했다고 발표했습니다. 이 거래에는 MEME Coins Inc.가 Tipestry에게 각 $20.00에 해당하는 500,000개의 우선주를 발행하는 것이 포함됩니다.
이로써 MEME Coins의 DOG 인수는 세 번째에 해당하며, 총 보유량은 20억 2000만 DOG 토큰으로 늘어났습니다. 2025년 3월 12일에 체결된 이 계약은 도지코인 캐시의 기존 보통주 주주에게 희석을 초래하지 않습니다. 거래는 상호 의무 이행 후 완료되며, 콜로라도 주 법률에 의해 규제됩니다.
CBDS는 의료용 대마초 원격의료 플랫폼인 PrestoDoctor를 운영하며, 에콰도르산 사티바 대마초 품종 및 고혈압 치료용 로젠지를 위한 특허를 보유하고 있습니다. 이 회사는 대마초 제품 개발, 원격의료 및 블록체인 혁신에 주력하고 있습니다.
Dogecoin Cash (OTC: CBDS) a annoncé que sa filiale, MEME Coins Inc., a conclu un accord définitif avec Tipestry, Inc. pour acquérir 1 milliard de tokens Dogecoin Cash (DOG). L'accord implique que MEME Coins Inc. émette 500 000 actions privilégiées d'une valeur de 20,00 $ chacune à Tipestry en échange des tokens.
Ceci marque la troisième acquisition de DOG par MEME Coins, portant leur total à 2,02 milliards de tokens DOG. L'accord, signé le 12 mars 2025, n'entraîne aucune dilution pour les actionnaires ordinaires existants de Dogecoin Cash. La transaction sera finalisée après le respect mutuel des obligations et est régie par les lois de l'État du Colorado.
CBDS gère PrestoDoctor, une plateforme de télémédecine pour le cannabis médical, et détient des brevets pour une variété de cannabis Sativa équatorien et un bonbon pour le traitement de l'hypertension. L'entreprise se concentre sur le développement de produits à base de cannabis, la télémédecine et l'innovation blockchain.
Dogecoin Cash (OTC: CBDS) hat bekannt gegeben, dass ihre Tochtergesellschaft, MEME Coins Inc., eine endgültige Vereinbarung mit Tipestry, Inc. getroffen hat, um 1 Milliarde Dogecoin Cash (DOG) Token zu erwerben. Der Deal beinhaltet, dass MEME Coins Inc. 500.000 Vorzugsaktien im Wert von jeweils 20,00 $ an Tipestry ausgibt im Austausch für die Token.
Dies markiert die dritte DOG-Akquisition von MEME Coins und erhöht deren Gesamtbestand auf 2,02 Milliarden DOG-Token. Die Vereinbarung, die am 12. März 2025 unterzeichnet wurde, führt zu keiner Verwässerung für bestehende Stammaktionäre von Dogecoin Cash. Die Transaktion wird nach gegenseitiger Erfüllung der Verpflichtungen abgeschlossen und unterliegt dem Recht des Bundesstaates Colorado.
CBDS betreibt PrestoDoctor, eine Telemedizin-Plattform für medizinisches Cannabis, und hält Patente für eine ecuadorianische Sativa-Cannabis-Sorte sowie für ein Lutschtablette zur Behandlung von Bluthochdruck. Das Unternehmen konzentriert sich auf die Entwicklung von Cannabisprodukten, Telemedizin und Blockchain-Innovation.
- Acquisition of 1 billion DOG tokens increases total holdings to 2.02 billion
- No dilution to existing common shareholders
- Strategic expansion of digital asset portfolio
- Deal structured through preferred shares maintains capital structure integrity
- Significant commitment of capital in volatile crypto assets
- Payment through preferred shares valued at $10 million total par value
- Potential regulatory risks in crypto and cannabis sectors
MESQUITE, NV, March 24, 2025 (GLOBE NEWSWIRE) --
March 24, 2025 Mesquite, NV Dogecoin Cash, Inc. (OTC: CBDS) is pleased to announce that its wholly owned subsidiary, MEME Coins Inc., has entered into a definitive agreement with Tipestry, Inc. for the acquisition of One Billion (1,000,000,000) Dogecoin Cash (DOG) tokens. Under the terms of the agreement, MEME Coins Inc. will issue 500,000 preferred shares of Meme Coins, Inc. stock, each with a par value of
“This agreement represents a strategic milestone for MEME Coins Inc. and Dogecoin Cash, Inc. as a whole,” said David Tobias, CEO of Dogecoin Cash, Inc. “By securing a significant volume of DOG tokens, we are strengthening our position within the digital asset ecosystem and enhancing the long-term value proposition of our crypto portfolio.This transaction involves no dilution to existing common shareholders of Dogecoin Cash, Inc., thereby preserving shareholder equity and maintaining the integrity of the company’s capital structure.This is the third acquisition of $DOG, bringing our holdings up to 2,020,000,000 $DOG”.
Tipestry, Inc. has agreed to transfer all associated rights, title, and control of the DOG token wallet to MEME Coins Inc., with the exchange to be completed upon the mutual fulfillment of obligations.
The agreement was executed on March 12, 2025, and is governed by the laws of the State of Colorado, with binding arbitration provisions for dispute resolution.
Dogecoin Cash, Inc. remains committed to expanding its blockchain-related initiatives and looks forward to continued innovation and collaboration across the decentralized finance landscape.
About Dogecoin Cash, Inc. (CBDS)
Dogecoin Cash, Inc. (OTCQB: CBDS) is a publicly traded company that owns and operates PrestoDoctor, a trusted leader in medical cannabis telemedicine. CBDS holds the first patented cannabis strain, Ecuadorian Sativa aka “CTA”, and a patented cannabis lozenge for treatment of hypertension. CBDS engages in cannabis product development and licensing, as well as blockchain innovation. The company is actively engaged in leveraging emerging digital assets, decentralized finance (DeFi) solutions, and blockchain technology to enhance its offerings and create new market opportunities.
Core Business Segments
CBDS focuses on cannabis telemedicine, developing and commercializing cannabis-based products, including CBD-infused wellness solutions, consumer goods, and pharmaceutical-grade formulations. The company seeks to expand its product portfolio through strategic licensing agreements, research partnerships, and acquisitions in the cannabis industry.
Blockchain and Digital Asset Expansion:
Recognizing the growing importance of blockchain technology and DeFi, CBDS explores innovative applications in tokenization, smart contracts, and decentralized finance protocols.
The company is developing blockchain-powered solutions aimed at enhancing transparency, security, and efficiency in cannabis supply chains and financial transactions.
As part of its digital asset strategy, Dogecoin Cash, Inc.continues to assess potential utility tokens, NFTs, and other crypto-related ventures that align with its long-term vision.
Strategic Growth Initiatives
Acquisitions & Partnerships: Dogecoin Cash, Inc. actively seeks strategic mergers, acquisitions, and joint ventures to expand its influence in both the cannabis and blockchain industries.
Regulatory Compliance & Innovation: The company remains committed to operating within regulatory frameworks while leveraging emerging technologies to drive efficiency and growth.
Market Expansion & Investor Relations: Dogecoin Cash, Inc. aims to broaden its investor base and enhance shareholder value by expanding market penetration and diversifying revenue streams.
As the cannabis and blockchain markets continue to evolve, Dogecoin Cash, Inc. positions itself as a forward-thinking company, bridging the gap between natural wellness and decentralized finance. The company's long-term vision involves leveraging blockchain for real-world applications, including traceability in the cannabis industry, DeFi lending solutions, and digital payment integrations.
For the latest updates and investor details, visit www.cbds.com. For information on risks and uncertainties, please refer to Dogecoin Cash, Inc.'s SEC filings.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as may be disclosed in the Company's filings. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. Such forward-looking statements are risks that are detailed on the Company's website and filings. This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. For a detailed discussion of these risks and uncertainties, please refer to Dogecoin Cash, Inc.'s filings with the SEC.
Contact Information: info@cbds.com
Follow CBDS on X: https://x.com/DogeCoinCash,Inc.
Contact Information: info@cbds.com X: https://x.com/DogeCoinCash,Inc
FAQ
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How is CBDS paying for the 1 billion DOG tokens from Tipestry?
Will the March 2025 DOG token acquisition dilute CBDS common shareholders?
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