[Rogue3]

Merger agreement says closing to take place 7 business days from signing, which was Sept 5. Anyone have an idea as to when the stock conversion will take place. I'd like to see this pps settle down from from the bleeding which needs to stop.

[a surfer]

Decent day.

[yebes436346b]

how long would the uplist take on this?

[Fallingknife75]

New 8K; Insiders owned enough shares to approve the merger agreement without other shareholders.

https://www.otcmarkets.com/filing/html?id=16917989&guid=2Tg-kathMOxHJth

I e-mailed IR yesterday but have not recieved a reply yet.

All the best,

Knife

[Fallingknife75]

So far it appears that the accumulation is continuing, it will be interesting to see where we end up by the end of the week.

All the best,

Knife

[SriMaharaj]

Nice close with tiny volume. It's accumulating in .06 area. Once it clears that number than it will go up fast. Tomorrow will tell us where it's going.

[a surfer]

Interesting indeed. I'm back in the green.

[Fallingknife75]

8K - Section 7.1 (f).

Listing. The shares of Parent Common Stock to be issued in the Merger shall have been approved for listing on NASDAQ, subject to official notice of issuance.

All the best,

Knife

[Fallingknife75]

After tracking it for a while I see it as accumulation as well. Curious to see where this ends up by the time the merger is completed.

All the best,

Knife

[darkinvestor]

quite interesting to say the least

[SriMaharaj]

I see this as accumulation. It can go either way but going down is less likely than up.

[Fallingknife75]

The endless stream of 301 share trades is interesting.

All the best,

Knife

[WoosterOh]

True, but

after reading your post I was thinking maybe they need a certain amount of shareholders to list on NASDAQ.

Quick search shows they need like 300 to 450, and those it looks like they have to have 100 to be considered.

** Securities subject to resale restrictions for any reason are excluded from the calculation of publicly held shares, market value of publicly held shares and round lots hareholders. In addition, at least half of the minimum required number of round lot holders must each hold unrestricted securities with a minimum value of $2,500.

So they would meet the 100 and $2,500 to make sure they have enough shareholders to list on NASDAQ.

But, this would need further review.

I am done posting.....moving on. I just love reading the details and trying to find nuggets.

[h3dging]

Seems highly improbable.

[WoosterOh]

Fair enough

There is one strange part, reading it on face value, anyone that has shares will be no worse than 100 parent shares or $2,500.

Anyone else read it that way?

Upon the consummation of the Merger, each shareholder of Company Common Stock shall receive, as a result of the exchange of shares, a number of shares of Parent Common Stock such that the Shareholder's ownership interest in the merged entity shall be not less than the greater of either: (i) One hundred (100) shares of Parent Common Stock post-Merger, or (ii) The number of shares of Parent Common Stock that represents a value of at least $2,500. In the event that the Exchange Ratio calculated pursuant to the terms of the Merger would result in a number of Parent Common Stock such that the Shareholder's ownership interest would be less than the greater of the amounts specified in sub-clauses (i) or (ii) above, the Exchange Ratio shall be adjusted upward to ensure compliance with this ownership guarantee. Notwithstanding the foregoing, if any legal or regulatory requirement or limitation prevents the full implementation of this ownership guarantee, the parties shall negotiate in good faith to develop an alternative mechanism that achieves an exact economic result for the shareholders of Company Common Stock.

So if I own 1 share, do I get the greater of 100 parent shares or $2,500?

[SriMaharaj]

Common guys. We have invested couple of hundreds here. Look at management, they have millions of stocks here. Do you think that they want to loose everything. There is a good reason to reverse merger that is why they are doing it. Time will tell. I am keeping it.

[Fallingknife75]

I didn't say anything about holding to make a lot of money. I merely commented about the scam boogey man comments coming quickly. It's a merger and I am still researching the facts to determine how I want to play it, that is all.

Knife

[WoosterOh]

You are crazy if you think by holding onto this you will make a lot of money.

Your shares are going to be diluted.

You do not get a big company for free. They dilute, then give shares to the new company so they own 80% or more.

All these type of things are flips. Buy early, once there are buyers, dump. Do not hold onto any merging company, especially and OTC company.

Already falling.

[WoosterOh]

It looks like a 1:300 ratio (RS).

They will be filing a S-4, so the deal will take a while.

They want to uplist to NASDAQ.

[Fallingknife75]

The scary boogie man scam posts started quickly, not unexpected though, yawn.

Knife

[hondaboost]

Be careful! That company is ALSO a Scam, a Ghost . Scam + Scam = Double Scams!

[hondaboost]

Wow! AMMJ Scam diluting 40 Million new shares to the idiots.

[Rogue3]

Welcome new investors. Here is a link to the merger agreement so you can understand the parties. I'm trying to wrap my head around the stock conversion and what it means.

https://www.sec.gov/Archives/edgar/data/945617/000190359623000695/ex10_1.htm

[hondaboost]

Warning! Here is "HyperScale Nexus Holding Corporation," Gholst!

https://hyperscalenexus.com/team_cat/our-team/

https://hyperscalenexus.com/

[coyoteAZ]

So what is extactly AMMJ will get in terms of the share price?

Merger Agreement are anticipated to result in a share exchange whereby (i) each three hundred shares of Company common stock will be exchanged
for one share of HyperScale Nexus common stock based on an exchange ratio of 300 to 1, and (ii) upon the Effective Time and the consummation
of the Merger, each shareholder of Company Common Stock shall beneficially own not less than the greater of either: (i) one hundred (100)
shares of HyperScale Nexus Common Stock post-Merger, or (ii) the number of shares of HyperScale Nexus Common Stock that represents a value
of at least $2,500, (iii) each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall
be converted into and become one fully paid and nonassessable share of the Company's common stock. No fractional shares shall be issued.

[Fallingknife75]

Just started reading the 8k on the Merger agreement, trying to locate an implied valuation (if any) of AMMJ in the deal.

All the best,

Knife

[Fallingknife75]

No kidding, been waiting on this for a long time.

All the best,

Knife

[Rogue3]

Wow. And, we're off folks.

[Rogue3]

This is big news. I was thinking in the back of mind that something could be brewing but with the macro cannabis news last week, i was like nah, the stock price today is just forward momentum. Some other tickers around the sector did well today, too.

I'd like to hear from the Company as to their thoughts on the strategic advantage this merger will provide. Could be very interesting.

https://www.conferencecalltranscripts.org/summary/?id=12515116

[THE GREEN EAGLE]

On September 5, 2023, American Cannabis Company, Inc. (the “Company”) entered into an Agreement and Plan of Merger by and among the Company, HyperScale Nexus Holding Corporation,

[THE GREEN EAGLE]

nice day today!
patience pays.

[Rogue3]

With the flurry of activity this week, there has been a significant change in the OS, updated to 171 million. 👇️

https://www.otcmarkets.com/stock/AMMJ/security

The stock option plan accounted for some of this. Maybe a future company update would shed some light on the rest of the issued shares.

Nevertheless, the market seems to have shook all this off and liked the insiders buying shares and the recommendation to change the classification of cannabis.

Welcome new investors and if you accumulated, good for you.

[Rogue3]

Some nice volume this week, partly due to the recommendation to reclassify cannabis. It's a start in the right direction.

https://www.cnn.com/2023/08/30/health/marijuana-schedule-hhs-dea/index.html

[Rogue3]

A few more filings within the last week. Some insiders have been buying shares, CEO among them.

https://www.conferencecalltranscripts.org/summary/?id=12496478

[Rogue3]

AMMJ files Form S-8. Stock option plan has been implemented. Company has issued 41 million shares.

https://fintel.io/doc/sec-american-cannabis-company-inc-945617-s8-2023-august-24-19593-6358

[Rogue3]

Q2 report interestingly appears to have come in with a $11,000 net gain which if that's right, I don't think I've seen this for a 10Q. Not necesarily a win because Product & Equipment really fell off as compared to a year prior. Other Income - whatever that source of funds was, pulled the Q it seems.

[Aforextrader]

Recess.... That sounds like something we used to get for about 30 minutes in school, as kids.... Well, it looks like congress is still just a bunch of kids- So unfortunate that they cant even punch their way out of a wet paper bag. If I did my job, as Slack as they do theirs, I wouldn't have one.....Period. We should All call our senators/representatives and tell them to get their A s s to work on voting on this Issue. It's only gaining steam- it aint gonna back off now- AND they are desperate to get tax money---- Just get 'er Done---KIDS...!!

[Rogue3]

Appears no vote in July for Safe Banking. Frustrating but I suppose why should I be surprised...

https://www.marijuanamoment.net/senate-committee-chairman-says-marijuana-banking-bill-actually-wont-get-a-vote-this-summer-despite-his-goal-lobbyist-reports/

[Rogue3]

The OS was increasing for awhile on slow and small increments up to Jan 12 of this year. Interestingly, there's been no increase since then, making that 6 months in a row. Refreshing until we see the next catalyst - whether it's legislation, a company update, or next month's 10Q.

[Fallingknife75]

It's good to have a reason to post here again. The sector has been beaten due to the lack of legislative progress, that may change in the near future, hopefully. I still hold all my shares of AMMJ, unfortunately at a considerable loss on paper. But with their share structure still being so tiny it will move quickly when the sector comes alive so I have just held on. As I free up assets elsewhere I may start picking up additional shares to cost average down but for now I am just watching.

Hope you have been doing well, all the best,

Knife

[Rogue3]

I was beginning to think you and others sold. Ha, ha...good to see your post.

[Fallingknife75]

Nice to see the recent accumulation. It seems someone is preparing for the legislature to finally do something. I am looking forward to it as well but after the previous years of nothing I am not holding my breath, time will tell.

All the best,

Knife

[Rogue3]

Safe Act vote should be within a few weeks. This is the only short term catalyst I see unless something comes out of the blue.

https://www.marijuanamoment.net/key-senate-committee-will-vote-on-marijuana-banking-bill-in-next-two-or-three-weeks-chairman-says/

[Rogue3]

First Q 10Q out. Mostly positives.

Consulting, Products & Equipment up year over year. Cannabis Products showed a decrease based on demand downturn. Total Revs were overall up.

Decrease in net loss year over year which should start a nice trend after the Naturaleaf acquisition.

Onward.

[Rogue3]

Looks like after yesterday's hearing, Senate vote on Safe Act to be in a few weeks.

https://www.reuters.com/world/us/marijuana-banking-bill-heads-senate-banking-committee-2023-05-11/

[Rogue3]

Hearing today. Trying to get a time table on when the vote will go to the Senate.

https://www.cnbc.com/2023/05/11/safe-banking-act-senate-holds-first-hearing-on-bill.html

[Rogue3]

Picked up a few more this week. I'm locked and loaded. Ready for the Safe Act to get passed, hoping that will be the first domino. I think we'll be in a good position moving forward. I'm reading Colorado is a bit slow in demand which is a surprise, but several states are looking at legalization, too. It's a matter of time folks.

[Rogue3]

Pass this act once and for all. Let's go.

https://www.marijuanamoment.net/key-senate-committee-chairman-says-marijuana-banking-bill-hearing-could-be-held-next-week/

[THE GREEN EAGLE]

there is a few whales watching,one picked up 500k shares today.could get interesting!

[TURCH]

Some buying today!


Regards