Canadian Cannabis Corp. (fka CCAN)

[All-Bidness]

This is from a 10-k How do you spend $3m on "consulting" fees, sounds like people were using shell companies to line their pockets, no wonder Canadian Cannabis never went anywhere buy down.
http://www.marketwatch.com/story/10-k-canadian-cannabis-corp-2015-10-02

Consulting Fees. Consulting fees for the period from inception (January 20, 2014) ending December 31, 2014 were $2,916,866. Included is $1,171,170 in fees charged by financial advisors. Consulting fees also includes $391,104 paid in relation to the Health Canada marijuana producer licensing application and developing the Company's business plan. Consulting includes $205,143 for individual hired to manage the design and operations of the Brampton facility. It also includes a $750,000 charge for shares issued to an individual for services.

Also Scott Keevil racked up almost $80k on travel? He was SUPPOSED to be running the company he was CEO (Sarissa Resources) of not playing, and look how he used his shell companies Midnite capital, also part of the SRSR (sarissa resources) scam...GREAT CEO you got there, no wonder he was terminated from Sarissa with Cause.

During the year, Scott Keevil incurred expenses of CAD $ 92,690 ($US 79,704) on behalf of CCC. These monies were primarily expense reimbursements for travel, office supplies and office rental space. At year end, the Company owed Mr. Keevil CAD $1,542 ($US 1,326). In addition, the Company paid Midnight Capital Corp, a Company owned by Mr. Keevil a CAD $50,000 ($US 42,995) consulting fee. At year end, the Company owed Midnight Capital CAD $88,116 ($75,771). Mr. Keevil owns 4.1% of the Company's common stock and is a 25% of 2264793 Ontario Inc. (a consolidated VIE of the Company) and serves as its President & CEO.