Jan. 8, 2019 /CNW/ - Green Axis Capital Corp. (the "Company") today announces changes to its board of directors (the "Board") and executive management team, including the appointment of Dan Bilzerian as Chairman and CEO. In addition, the Company announces that it (i) is proposing to change its name to "Ignite International Brands, Ltd.", (ii) is proposing a second consolidation of all issued and outstanding common shares on a 5:1 basis and (iii) has reached an agreement with Ignite International, Ltd. (formerly Vulcan Enterprises US, Ltd.) ("Ignite US") to terminate the additional share exchange agreement that was announced by the Company on November 23, 2018.
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Green Axis Announces Name Change, Board and Management Changes and Second Share Consolidation, Reflective of Market Value in Ignite Trademark and Licensing Agreement
