Korver Corp. (KOVR)

[Drugdoctor]

Here are some QUOTES I found while digging-deeper-from-NEWS-Filings-and-Financials this weekend..

Headed by a highly experienced horticulturist with 30 years of experience, Solid Controls currently has eight strains of organic medical cannabis.

John Stovers, President and CEO of Solid Controls, stated, "We plan to grow with integrity and a commitment to our patients to produce the highest quality medication possible. We are focused on quality over quantity and aim to meet the growing demand for premium medical cannabis from patients looking for certified organic products that are free from all contaminants."

Solid Controls will exclusively grow organic medical cannabis, in soil without the use of any chemicals with each stage of the growing process tended by hand. From planting to packaging, each strain takes five months to produce, overseen by skilled and knowledgeable growers. This process will replicate outdoor growing conditions in a controlled indoor environment and produce the highest quality product. This all-natural process also means that irradiation and cold pasteurization are not required to ensure purity.

Going-forward, Solid Controls plans to develop and approve additional proprietary organic strains of medical marijuana. The Company is also currently developing a range of cannabis oils for use in numerous potential applications. Additionally, the Company plans to initiate preclinical studies necessary to potentially launch multiple clinical trials in 2018.

https://finance.yahoo.com/news/solid-controls-inc-positioned-budding-203755081.html

We don’t really believe that the decline is justified. Also, we expect the company to explain what’s going on soon. We need to be alert.

Conclusion

There are several good facts to note in SLDC. First of all, the company is entering into a the fast-growing cannabis space. Additionally, it is promising innovative ideas that were valued by the market. Is the company financially prepared to launch the new project? In our opinion, the inventory will need to be sold to pay the new operations. The net asset value is positive, thus the directors will be able to extract money from the previous business. This is good news. Additionally, in our opinion, the fact that the company did not issue warrants, convertible debt, or convertible preferred shares is a big positive here in OTC land. Finally, we need to be alert as the company may put out soon what caused the unjustified share price decline this week. The share price may move quite a bit if the company’s explanation calms the market.

We could not read in the announcement whether the company will continue to operate its previous activities. We believe that it may be a great idea. The company has a large amount of inventory that could be sold to finance the new cannabis operations. If the company does not intend to do so, a capital increase could be another idea as the company has no convertible securities.

No Convertibles debt and no convertible securities – Risk dilution is low

According to the annual report, the company did not issue convertible securities to anybody. This is a great news, as it means that there’s no dilution risk.

https://insiderfinancial.com/solid-controls-inc-com-stk-usd0-05-otcmktssldc-oversold-and-due-for-a-bounce

Note 5. Issuance
On May 23, 2017 John Stovers was issued 22,000,000 shares for services.
On June 12, 2017 John Stovers was issued 4,000,000 Preferred Shares for services.
On June 12, 2017 20,000,000 shares were issued for outstanding debt.

Note 5. Issuance
On May 23, 2017 John Stovers was issued 22,000,000 shares for services.
On June 12, 2017 John Stovers was issued 4,000,000 Preferred Shares for services.
On June 12, 2017 20,000,000 shares were issued for outstanding debt.

https://www.otcmarkets.com/financialReportViewer?symbol=SLDC&id=175770

These were probably the shares that were sold starting in late July that caused the share price to become oversold now.... If so, they are done, gone, and now in STRONG HANDS.... Price can and will rally hard from here..

Solid Controls Inc. (SLDC) grows organic medical cannabis, in soil without the use of chemicals. We envision
a future where hemp is a staple in diets, and cannabinoids are the source of medicines that are used to conquer
some of the most debilitating diseases in the world. Our cultivation center endeavours to share our resources
by integrating our knowledge with doctors and health institutions, providing long-term, profitable career
opportunities, and sharing improvements with our industry in order to build a mutually beneficial cornerstone
in a growing industry.

The person responsible for the preparation of the Company’s Financial Statements as published
with OTC Markets is John Stovers. Mr. Stovers’ qualifications are that he has been in the
Injection Molding Machine business for approximately 25 years, including but not limited to
logic cards, thumb wheels, programmable cards and Pathfinder systems. Mr. Stovers has been
involved in Injection Molding has been steadily moving toward the 3-D printing technology
sector and he has been specializing in the 3-D printing tech sector for the last 5 years. He has
been with Solid Controls, Inc. since 2014, before that spending almost 20 years at 3M working
in the field, becoming District Manager of Quality Control Automated Injection Molding. He has
a keen interest in Web Based Graphic Design. Mr. Stovers’ experience within the industry gives
him the unique ability to understand the technology that is the subject of the accounting
reports and disclosures being made. The experience of Mr. Stovers makes him uniquely
qualified and experienced in all aspects of the Company and allows him to prepare the
financials under his authority as an officer of the company.
The Company's transfer agent is Transfer Online, Inc., which is registered with the SEC. The
transfer agent is SEC registered as confirmed by checking the SEC's Edgar system.
Our Market:
Our business goal is to supply right products for the right customers in the right places. In order to achieve such a goal,
we are always making great efforts to manufacture products with the best quality, and continuously introduce
innovative products and improve the existing products to meet the market demands. From design to manufacture, all
factors are taken into consideration: reliability, performance, durability, product usage, and operation.
Our cultivation center endeavors to share our resources by integrating our knowledge with doctors and health
institutions, providing long-term, profitable career opportunities, and sharing improvements with our industry in order
to build a mutually beneficial cornerstone in a growing industry.
Products and Services
All our plants are grown in soil using natural ingredients. Every stage of the growing process is carried out by hand.
From planting to packaging, each strain takes five months to produce. Our process replicates outdoor growing
conditions in a controlled indoor environment. Overseen by skilled and knowledgeable growers, everything that goes
into our plants comes from the ground and the ocean. The way we grow our plants means that irradiation and cold
pasteurization are not required to ensure that your medication passes laboratory testing.
7) Describe the Issuer’s Facilities
The Company does not own any property. It currently has access to research and growing space provided without
charge by management of the Company.
8) Officers, Directors, and Control Persons
John Stovers was appointed President, Secretary, Principal Executive Officer, Chairman of the Board of Directors and
as a Director on May 01, 2014.

https://www.otcmarkets.com/financialReportViewer?symbol=SLDC&id=175769