Wednesday, March 26, 2014 8:16:36 AM
1)SS OS 38m AS 50m as 12/26/2013
They reduced authorized shares to 50M recently:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9418972
2)They have moderate debt of 650k,which is considered low compared
to other MJ plays.
3)They filled 8k on september 4 2013 that they practically sold
controlling interest to World Wellness inc...which was incorporated about the same time 8k was filled:
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=C6VTJDNSMGn1VU8k3kV%252fgQ%253d%253d ,
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9493024 .
" On August 30, 2013, CEO and President Gregory Manos entered into an agreement to sell all of his Active Health Foods, Inc. shares to World of Wellness, Inc., a Nevada corporation."
" Gregory Manos has resigned as CEO, to be replaced by E. Robert Gates, PhD"
- are you with me so far:?) So,it seems like they preparing merger or different path for the company,otherwise why bother with AS reduction and buying these shares from previous owner?
Now...if you Google words Wellness and marijuana - https://www.google.com/search?q=wellness+marijuana&oq=wellness+marijuana&aqs=chrome..69i57.4279j0j8&sourceid=chrome&espv=210&es_sm=122&ie=UTF-8 ,you will find quite a few Wellness centers with marijuana dispensaries.And second :
when you read about E. Robert Gates, PhD in that 8k,you will see that he was the co-inventor and the recipient of two patents in the phyto-chemistry field.Interesting..if you Google word Phytochemical:
http://en.wikipedia.org/wiki/Phytochemical,
http://www.greenmanspage.com/guides/thc.html,
"Marijuana THC
An elaboration on the phytochemical process that makes marijuana THC with photos and description." -read of greenmanspage...
So,given these hints,I believe that they preparing to launch new MJ business and we are witnessing insiders and risk takers started buying shares.And because there such a small AS 50m - this can run fast once they announce it.
SO,as I said..this is definitely one to watch for the news update.Chart is a beauty.imho
Cheers!
"Never argue with a fool - they will drag you down to their level, then beat you with experience."
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