InvestorsHub Logo
Followers 120
Posts 3168
Boards Moderated 0
Alias Born 02/21/2010

Re: Hanibal post# 22

Friday, 09/30/2016 4:55:19 AM

Friday, September 30, 2016 4:55:19 AM

Post# of 122
GPRC got suspended by the SEC, that's why they moved this Biochar Now LLC into NOXL instead , imo!

Let's have a closer look into this Co...
They are filing with the SEC for years already (Form D's -> Private Fundraising) and so far they raised close to $4M:
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001537234&action=getcompany

In 2014 VGPR already mentioned them:

NORCROSS, GA / ACCESSWIRE / April 3, 2014 / VEGA BIOFUELS, INC. (Pink Sheets VGPR) announced today it has entered into an Agreement to acquire the Legal Hemp and Marijuana Division of Colorado based Biochar Now, LLC.

Biochar Now, LLC currently markets its biochar product to growers in various agricultural industries. The legal hemp and marijuana division of the Company has increased significantly with the legalization of medical marijuana in several states and the legalization of recreational marijuana use in Colorado and Washington.


https://www.accesswire.com/viewarticle.aspx?id=413914

Now let's look back in their SEC Filing from 4-12-2015...
https://www.sec.gov/Archives/edgar/data/1537234/000114036115015878/xslFormDX01/primary_doc.xml
Revenue=0

Biochar Now, LLC got renamed at the NVSOS to Ignite Nutra, Inc.
on 9/27/2016
actual: http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=uIbrOwQLvcVJVdLt9BpOXg%253d%253d

cached:


Here another Article about them: http://bizwest.com/berthoud-based-biochar-now-raises-500k-as-it-seeks-to-scale-up-production/

And some Test Results for their Product, incl a forward looking Statement...:
http://www.leg.state.co.us/CLICS/CLICS2016A/commsumm.nsf/b4a3962433b52fa787256e5f00670a71/4f5e8a2e1f86367e87257f71006fb781/$FILE/160309%20AttachB.pdf

Next step i see here is a Name change at the NVSOS for NOXL and an increase of the A/S to 500M if not a R/S will hit first in order to eliminate the old NOXL shareholders. Not uncommon with Tracy shells, no matter what the current O/S is/was...

Everybody should do their own DD and decide if it's worth a play or not.

GL to all gamblers