Mangoceuticals acquires Smokeless Technology IP, enters oral pouch market with 1.6M shares and royalty

MANGOCEUTICALS, INC.

Acquired IP from Smokeless Technology Corp. for 1,600,000 restricted shares of MGRX common stock and 10% royalty on gross pouch product sales.
Appointed Tim Corkum, former Philip Morris and JUUL executive, as President of new pouch subsidiary via Consulting Agreement with Strategem Solutions for 120,000 shares and $12,500/month.
CEO Jacob Cohen received amended employment: base salary raised to $420,000, bonus of 3,192,906 shares of M&P subsidiary stock, and increased allowances.
Pouch market projected to exceed $37 billion by 2032; Mangoceuticals plans to leverage distribution and telemedicine platform for new product lines.

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