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Rising India Inc (OTCMKTS:RSII) Expresses Its Stand in Line with the Rising BioSciences Merger

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Rising India Inc (OTCMKTS:RSII) has disclosed that soon they will be done submitting final documents and that will of course be in line with the expected merger of Rising BioSciences, Inc. CEO Jim DiPrima while speaking to several news reporters said that as a company that had come across an incredible opportunity adding that he was sure even the shareholders would get to appreciate the latest developments.

The merger agreement provided that DiPrima had to step down from his positions CEO and he had no problem climbing down the ladder. Incoming management and strategic alliances include a team of physicians, Medical Marijuana Industry veterans, pharmacists and chemists.

DiPrima remains optimistic that the company will succeed in its bid to deliver the shareholder value and it will be doing so in a big way.

He opined, “There are ample prospects within the MMJ R&D markets, particularly those budding in the pharmaceutical compounding sector. Rising BioSciences seeks to fulfill a yet-to-be-met market demand with a first to market approach so that patients across the U.S. get the treatment they so desperately need without falling subject to the dangers of opiates.”

He went ahead to pint out the various associated effect and these included dependence/addiction and brain damage due to hypoxia, brain damage, liver damage and a wide range of other complications.

The official also disclosed that as a company they were with the passage of time getting to witness the prospective shareholder value concluding that it would be alongside the execution of the model.

One notable aspect that is coming to the limelight is the fact that the execution of the merger won’t at all be causing an increase in then outstanding shares and neither will it result in a reverse split. If all goes according to plan, the company hopes to obtain the signature on final Agreement(s) by end of Q1.

The spokesperson of Rising India Inc admits that that from time to time they have had to come face to face with monumental challenges. However, they have managed to make a few changes here and there and that is why they keep going.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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