Republic of South Africa Medical Marijuana Dispensaries Acquisitions LLC (“RSAMMDA.LLC”) has closed on the acquisition of Protext Mobility, Inc (OTCPK:TXTM) in a share exchange whereby 100% of capital stock in RSAMMDA.LLC will be exchanged for preferred stock in Protext.
RSAMMDA.LLC. is a jointly owned company focused on acquisitions with two principals, Dylon Du Plooy and Dr. Ahmed Jamaloodeen (“Dr. J”) who represent the South African business entities of RSAMMD and Leeds Boerdery. RSAMMD is a South African pioneer in the research, cultivation, production and distribution of medical cannabis and cannabinoids. Leeds Boerdery, controlled by Dr. J owns the 5000 Hectare New Castle Farm as well as federally issued cannabis and hemp licenses issued by the Government of South Africa.
