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Re: arhuomam post# 20371

Friday, 04/18/2014 1:16:56 AM

Friday, April 18, 2014 1:16:56 AM

Post# of 22933

That is the technical aspect.
What about the fundamental part?


We don't know yet..

What is the bookvalue of this stock?


We don't know yet..

What about the total assest?


See below, they're listed in the 10.1 Share exchange agreement


Please let me know if someone have clear answers to my questions,,,

Many thanks



Most of us purchased based off of Coleridge or have been here as longs from the previous years of VKML. Moreno's first interview was also a big springboard for new shareholders.

The only definitive thing we have is the documents filed at the SEC.
So we knew there would be a 200:1 Reverse Split - that could have been okay.
But then they authorized 87,500,000 shares to be delivered to:

SHARE ALLOCATION
Indie Growers Association

Total shares: 87,500,000

John Moreno,
90% or 74,375,000 shares

Arnie DeWitt III,
10% or 8,750,000 shares

Michelle Moreno
5% or 4,375,000 shares


(their math is bad 105% but the share amounts are correct)

We do know that we (Indie Growers Association) now owns:

CORPORATE PROPERTY
DeWitt Sales
MMJ Dispensaries
Kung Fu Vapes



Plus more but I don't want to post a wall of text..
see it here at the SEC:

https://www.sec.gov/Archives/edgar/data/1376316/000072174814000343/shareexchangeagmnt.htm
Under Attachment A..

There's no defined value attached to Indie Growers Association.
But currently based off of the documents presented I believe It is worth 50-100 million.. But a mission statement, customers, financial information, anything could definitely help that valuation.

I still may get out early with some profit jsut based off of seeing 5 digits in my account then watching them vanish.
But this is all my opinion, do your own DD. Hope you can find something we haven't yet.

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