InvestorsHub Logo
Followers 2531
Posts 69901
Boards Moderated 0
Alias Born 07/30/2012

Re: None

Sunday, 10/16/2016 1:22:09 AM

Sunday, October 16, 2016 1:22:09 AM

Post# of 35791
ADDITIONAL DD FROM OUR AWESOME IHUB $NEWC TEAM AND PR FROM FRIDAY

PR NEWS FROM OCTOBER 14TH:

New Colombia Resources Forming Joint Venture to Apply for an Orphan Drug Designation with the Food and Drug Administration (FDA) for a Medical Cannabis Pharmaceutical Product
Company will request support from Colombia's Ministry of Health.

BARRANQUILLA, Colombia, October 14, 2016 /PRNewswire/ --

New Colombia Resources, Inc.(OTC: NEWC) (the "Company"), a U.S. listed Colombian resource company with premium metallurgical coal and medical marijuana assets, is pleased to announce they will be applying for an orphan drug designation with their collaboration partners, Advanced Imaging Projects, LLC (AiP) for regulatory agency approvals of a cannabinoid pharmaceutical product for multiple medical indications with a focus on treatment of a rare pediatric disease. Once the application is submitted the designation and/or comments are expected within 90 days. The Company expects to file the application in the next 60 days.

Other companies with cannabis drug applications with the FDA include, GW Pharmaceutical (NASDAQ: GWPH), Zynerba Pharmaceuticals (NASDAQ: ZYNE), and INSYS Therapeutics (NASDAQ: INSY). These designations confer significant advantages including waiver of application filing fees, expedited approval, government grants, and reduced number of patients in clinical trials. Dr. Stanley Satz , Chairman and Chief Scientific Officer of Advanced Imaging Projects stated, "My sense is that by working together with New Colombia Resources, similarly we could obtain this for the cannabinoid under development."

New Colombia Resources and Advanced Imaging Partners have been in discussions and meetings in the U.S. and Colombia for the past year and are building a team of physicians, biostatisticians, and toxicologists in preparedness of FDA trials and a pre- IND meeting. With many more states expected to approve medical marijuana in the upcoming elections, including Florida, they feel it is the best time to submit the application which they've been working on for the past year.

The joint venture will seek the collaboration of Colombia's Ministry of Health for the clinical trial to be conducted in Colombia. The Ministry has publicly expressed interest in bringing Cannabis research to Colombia and the Company feels their project is in line with this aspiration. In late August, New Colombia Resources received a letter from the Presidency of Colombia directed to the Health Minister requesting his assistance on behalf of the company's medical marijuana project. "There would be great personal satisfaction in this project as I lived in Colombia for 5 years while working for the World Health Organization there," further commented Dr. Satz.

From MoMoney4me1:

$NEWC - Indigenous farmers set up Colombia’s first medical marijuana co-op - Co-operative News. Read more: www.thenews.coop/107598/news/business/colombias-first-medical-marijuana-co-ops-set-post-conflict-region/#.V_jiCJi3gPE.twitter

$NEWC - Filing For Medical Marijuana Licenses With The Ministry Of Justice [b/In Order To Export Products - Small cap Solutions, LLC | Seeking Alpha seekingalpha.com/instablog/32618395-small-cap-solutions-llc/4881982-newc-filing-medical-marijuana-licenses-ministry-justice-order-export-products

$NEWC- Sannabis to Work With CORPROPAZ to Develop Hemp Projects in Colombia insert-text-here

$NEWC - https://www.facebook.com/sannabis.cannamedicinal" rel="nofollow" target="_blank" >https://www.facebook.com/sannabis.cannamedicinal
Check The Photos and Videos!$$ https://web.facebook.com/sannabis.cannamedicinal/photos?ref=page_internal


From BogBlog:

Here are double bull pennant annotated NEWC charts.

Here's a bull pennant that's formed this month:



And a bull pennant that formed intraday yesterday:



From LegalizeMJ:

Advanced Imaging Projects LLC has already achieved an FDA orphan drug for another drug back in 2014 and they have ongoing Clinical trial.

Their JV with NEWC is very valuable and it has just turned NEWC
business model exactly like GWPH one.

GWPH is $126.39 per share and NEWC is only $0.0081 per share.
NEWC has MORE upside potentials because its pps is the smallest, ONLY $0.0081 per share.

the Investment community seems to like this kind of models lately.

1)www.advancedimagingprojects.com/
2)investorshub.advfn.com/boards/read_msg.aspx?message_id=125795953
3)investorshub.advfn.com/boards/replies.aspx?msg=125795953
4)www.sannabis.co/
5)www.sannabis.co/medicinal

6)Advanced Imaging Projects LLC has already achieved an FDA orphan drug for another drug back in 2014 and they have ongoing Clinical trial their JV with NEWC is very valuable and it has just turned NEWC business model exactly like GWPH.

GWPH is $126.39 per share and NEWC is only $0.0081 per share.
NEWC has MORE upside potentials because its pps is the smallest, ONLY $0.0081 per share.

The Investment community seems to like these kind of models alot.
$NEWC(marijuana, marijuana biotech stock) is a STRONG BUY.


From Balamidas:

NEWC has mentioned the Retiring of all convertible debts that can be converted in shares in Oct 12 PR finance.yahoo.com/news/colombia-resources-inc-medical-marijuana-142036177.html

"they have been able to reduce outstanding debt and are confident they will be able to retire all debt that can be converted into shares within the next week."

and also NEWC PR stated that:" The Company has several major developing projects that will be announced within the next few days."

This coming week is gonna carry 2 updates one about the end of debt that could be converted and another about some major business development they are working on NEWC chart is sitting at an explosive point that could send the price high with such developments and NITE knew this Friday especially with the new JV PR Friday that turned NEWC into a Medical Cannabis Pharmaceutical Co a business model that is getting a lot of love lately from the streets with any further announcements this week and all the above ingredients we can see some serious price appreciation here NITE was loading to cover some shorts at these levels before the big boom here.

JV with Advanced Imaging Projects LLC
www.advancedimagingprojects.com/

That already has FDA orphan drug status for a product

Clinical management of patients with Neuroblastoma

www.orpha.net/consor/cgi-bin/Drugs_Search.php?lng=EN&data_id=107544&search=Drugs_Search_Simple&data_type=Status&Typ=Sub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.