Farm Lands of Guinea completes reverse merger and investment valuing the company at USD$45 million

http://www.farmlandgrab.org/post/view/18263

NEW YORK and LONDON, March 4, 2011 /PRNewswire/ — Farm Lands of Guinea Limited (“FLG”) which through its 90%-owned subsidiary, Land & Resources (Guinea) SA (“Land & Resources”) controls nearly a quarter of a million acres of underutilized West African agricultural holdings under an agreement with the Ministry of Agriculture of Guinea (“MAG”), announced today that it has completed a reverse merger and investment with Kryptic Entertainment Inc. (the “Company”) valuing the Company at USD$45 million, and is now a publicly-traded company in the U.S. (OTC Bulletin Board: KTCE). In the financing the Company sold common stock in a private placement to certain investors for an aggregate gross purchase price of USD$1,000,000…

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