Balamidas and ALL with FTPM --true potential
Balamidas, thank u for the kind words, more DD--FTPM
FOR ALL THOSE NEW HERE:
HUGE DD on the new "executive" team for FTPM...
Pursuant to the stated financials revealing the 7 real estate properties where FTPM currently has operations, and additional disclosures as well as numerous intriguing relationships in play here, one can qualify with ease and then ascertain, that a direct correlation does exist between all of these executives and the benefactor will be all those shareholders of FTPM who followed the money trail (and with investment advisors and CPA's- there is always a trail) and truly grasp the massive potential this shell has with their attractive NOL to offset the profits of a booming MJ RE business. It just so happens that all of these major players involved here on the new management team, ALL are related to a massive revenue driving PRIVATE MJ company operating in Canada worth north of $100 million US dollars.
Let's delve deeper shall we, as we highlight some of the players here ::
Focus on David Fong CPA, Sam Perara MBA, who is his partner at LFG, the International Herbs Medical Marijuana LTD, (IHMML or Zenabis group), FTPM CEO Norman James Payton and a direct correlation between the executive team that Left MDCN (after not agreeing with the CEO who wanted to dilute) - and took the huge MJ project worth $52 mil with them) They have now resurfaced as the executive team of FTPM - and STILL represent Zenabis group (one of the largest legal MJ providers in Canada) I just saw LFG In the news recently, and that was to secure a $7mil grant from the Canadian local governments
Here is a listing of the executives and accounting teams working on FTPM--- now this is where things get very interesting..
Company Officers/Directors
Norman J. Payton interim CEO
Terry Arnold President
Wayne Hansen CFO
(And potentially more involved)
LETS HAVE SOME FUN DD'ing WITH DD DEMPSEY!
WAYNE HANSEN is the CFO of FTPM. Interestingly, he had become the CFO of Medican MDCN- (when it was run by Ken Williams) and right before the announcing of all of these partnerships and deals with LFG and IHMML. Hansen And LFG brought that huge IHMML deal to Ken Williams at MDCN and it ended up falling apart- and LFG and Hansen left MDCN and took their mega mil MJ venture with them. It is conjured, that They had a falling out with Ken Williams over Williams plan to dilute the stock. WAYNE HANSEN Amd DAVID FONG are listed on the 8k and the updated financials. This is FANTASTIC for shareholders. I shall explain.
It should also come as no surprise then, that the accounting and auditing team who represented MDCN during their attempted purchase of the IHMML/Zenabis -- for $52 mil of raised capital...is also the accounting team representing Payton, Hansen, Fong and Arnold with securing huge investment capital!!
Now flash forward to today - Zenabis gets $7mil from local government and FTPM goes CURRENT with the listed officers involving ALL the key players from the original deal. This time, the financial team has a seat at the table. They are now the VP of Finance and CFO of FTPM!!!!!!!
More to come on the (interim) Norman James Payton - CEO-- He is obviously trying to build on his portfolio on the real estate properties BY WORKING WITH NEW CFO WAYNE HANSEN --- and now we find out we have closed on the 7 properties ranging from 5-35 acres). What if it's no longer Psyton in charge?
More to come on the relationship between IHMML/Zenabis and International Herbs ltd as well as 420 prop management via LFG (Fong and Perara) They STILL work with Hansen and it's no surprise they are now all coming together at the right time!
The potential here is enormous and a company doesn't just go current without a distinct pan to convey their story to the public. When it does- the markets will react drastically and this will move northward extremely quick. The share structure is ideal for what could be coming here.
I will be posting my DD daily and hope it serves as a helpful tool as to how significant this company potential is...we are talking 15-.25 pps if we are blessed with expected BUT minor dilutive trends. Just my humble opinion.
