Xtreme One Entertainment Inc (XONI)

[livingston78]

BizAuctions, Inc. changed its corporate name to CannaGrow Holdings, Inc. on October 2, 2014, with an effective date for the name change of November 1, 2014. With $20,633 in cash and cash equivalents, $38k in current assets, $288,463 in total assets and $3,053,638 in current liabilities for a current ratio of 0,01 that makes it insolvent. Its fundamentals are really weak. The Company has rescinded a Licensing Agreement and reduced the issued and outstanding stocks by approximately 20% percent probably to make you believe that they are very confident about the company. The company publishes press release after press release but nothing concrete comes out of them. Again, just another cannabis pump and dump! OTC Magic is promoting it and have been compensated a total of $20,000 for a two day awareness campaign regarding CGRW by a third party Emedia Advisors, LLC. Emedia Advisors is a fake Media company formed only a few months ago in Delaware. OTC Magic, owned by ARB Consulting is charged in a massive SEC fraud case.