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Re: john12341 post# 24890

Tuesday, 06/27/2017 10:27:36 AM

Tuesday, June 27, 2017 10:27:36 AM

Post# of 50981
YES, IM FULLY AWARE ALL OF IHIS's BUSINESSES ARE ABOVEBOARD AND DOING WELL. WHY WOULD THEY FEEL THE NEED TO RUN A POORLY ORGANIZED OTC SIDELINE IS A BEYOND ME. I HOPE THEY ARE GOING TO HAVE THE BIG MJ ACE IN THE HOLE. WHICH NO ONE HAS AT THIS TIME. THE CALIFORNIA LEGISLATION IS BOGGED DOWN IN BUREAUCRACY AND MAY NOT BE ABLE TO ISSUE ANY RECREATIONAL MJ LICENSES TO ANYONE PER LAWS PASSED BY 2018 AS ORIGINALLY PROPOSED. NOW THEIR TALKING ABOUT ISSUING PROVISIONAL LICENSES, WHICH COULD LEAVE RECREATIONAL GROWERS, WHOLESALERS, AND RETAILERS IN A STATE OF UNCERTAINTY. NO APPLICANT FOR A MJ LIC. WOULD START YAKING IT UP BEFORE ACTUALLY GETTING ONE. AND NO ONE HAS GOTTEN ONE. I HAVE READ WHERE SEVERAL PEOPLE HAVE BEEN DENIED WITHOUT EXPLANATION. THE APPLICATION FEES ARE CLOSE TO 10K SO THATS A BITE IN THE BUTT. IHSI USE OF LOBBYIST AND LAWYERS IN THE PAST TO REPRESENT THEM TELLS ME THEY ARE MORE LIKELY TO SUCCEED THAN THOSE WHO GO IT ON THEIR OWN. AS FAR AS THE DILUTION GOES, DOES IHSI REALLY NEED A PILE OF WORTHLESS PENNIES? IT COST A LOT MORE TO SET UP THIS JUNK THAN THEY COULD RAKE IN AT 0.0001.??? DID THEY FEAR A TAKEOVER? AS A UNRELATED NOTE, FOR NOW, I WAS CONTACTED BY THE DOJ FROM CONNECTICUT AS A PERSON NAMED IN A CLASS ACTION AGAINST A OTC PINK SCAM REGARDING A SETTLEMENT. ALL THE PLAYERS GOT PRISON TIME. SO I GUESS THERE IS THE RARE OCCASIONAL JUSTICE.

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