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But why spend $500K buying shares when a RS costs almost nothing?
They don't need to issue new shares. As you point out there's billions in circulation already. Just buy them off someone else in a private placement or on the open market. Not like 5 Bil shares would cost that much at this price. Only $500K That should be chump change for both Bo Didley as well as the new "big producer" CEO Eric. Look at Eric's linkedin page. I don't see any financial background there at all. Which means this new guy is simply a wallet. So lets open it up and see what we can do with the contents. I bet they can do a lot, and it's going to be interesting to watch that's for sure.
How is he going to buy 49% of the company if there are 10,000,000,000 shares in the OS and they can't issue any more shares with out an RS or a a Buy Back?
What do you think about that Big Daddy?
KGET - BUY! BUY! BUY! .0001 won't last long.
Ok, so we got a NEW CEO here, how's this going to pan out now? How much money is he going to invest? He should just buy 49% of the company with his cash, then we would see some serious motion here. Especially is he's really getting involved here and wants a return on his money like the rest of us!
So new CEO and branding is the new gig. Lets see what grows this time around, and lets see who thinks what about this? How's it go?
What do you think about that?
On the apparent ruse over shareholders, Mike FERGUSON got how much?
What are your thoughts about this?
My thoughts are that shareholders did likely fund Bo's "FUN SUMMER"...
It'd be nice to know the extent that Josh and Mike were in on the apparent ruse over shareholders and how much they received for their participation.
Mike FERGUSON realized 51% of 'green gold' COULDN'T be given to those who FINANCED the FUN SUMMER in Humboldt?
What are your thoughts about this?
Yeah, I don't think that farm was closed down and plants hauled off as some people here were trying to suggest :).
https://www.instagram.com/cannakitchen2016/
I guess the answer was dilution because they sure as heck didn't have a harvest, but nice try.
And the 10 BILLION shares outstanding, what do you do with it?
What are your thoughts about this?
I agree. Sounds like a plan! Thank you!
Calipharms isn't the first, and might even be the worst, but a business will be built, and the price will rise!!!!
...clean CBD and THC products for the mainstream consumer!
Branded products are the future of the industry, and CaliPharms plans to immediately launch a full line of clean CBD and THC products for the mainstream consumer with the goal of establishing the CaliPharms brand as the market leader,
CaliPharms will be what customers reach for when it comes time to purchase.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134828297
$$$ KGET
Both of these "branded" products are already available in many states throughout the U.S.!
BTW...companies, hoping to establish a brand, require a boatload of funding and marketing expertise, particularly if there is established competition! KGET has neither money nor expertise! KGET doesn't even have a product yet! If or when CBD oil becomes commonly available, Big Pharma or some other industry powerhouse could well choose to jump in! And these big guys already have widely recognized brands! Honestly, there's got to be at least 25 OTC companies "advertising" their foray into CBD oil!
Eric Watson would be crazy to throw one nickel into KGET! There are plenty of other companies "dabbling" in MJ that don't have nearly the mountainous debt or the "baggage" of a multi-time loser, like Bobo "THE CLOWN" Linton!
KGET is a "loser" with absolutely NOTHING TO OFFER! Disagree? It would be interesting to hear the DETAILS OF JUST ONE SINGLE POSITIVE THING that KGET has to offer to any potential investor, such as Eric Watson? KGET has no brand, no products, no business, no assets, no stock, no cash, no expertise, no distribution, no manufacturing, no laboratory, and a huge pile of debt! If any of these are untrue, please provide the details to refute the statement!
Given a myriad of other far better MJ industry investment choices, why would a purported "astute" individual like Eric Watson risk quickly losing every single invested penny! Watson could start up from ground zero and be in better shape than being associated with a loser like Bobo "THE CLOWN" Linton!
start over with re-branding
Branded products are the future of the industry, and CaliPharms plans to immediately launch a full line of clean CBD and THC products for the mainstream consumer with the goal of establishing the CaliPharms brand as the market leader,
CaliPharms will be what customers reach for when it comes time to purchase.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134828297
$$$ KGET
Sometimes an Angel investor shows up in the form of a new CEO. I'm excited to see what the next move it. You always point out what you know, what we all know, but it's what we don't know that always surprises us here. Who would have thought a new CEO? hahahaha You didn't see that coming did you? Just like you wont see the next move coming either! hahahaha All the facts won't stop this form popping! Just watch!!
Thrills chills and spills, We'll sell you the whole seat but you'll only need the edge!!!
"Re-branding" what? By definition a company has to have a brand in order to "re-brand"! KGET has no recognizable brand, so there is nothing to "re-brand"!
BTW...here are couple of other things KGET is "missing":
--All 10,000,000,000 AUTHORIZED SHARES are gone!
--The company has NO CASH!
How does a company operate without any CASH and NO SHARES to support any sort of CONVERTIBLE TOXIC DEBT? At a price of .0001 or even "no bid", no toxic financier would come close to touching this "slug"!
CaliPharms Welcomes its New CEO - Eric Watson -- CEO has Directed Plans for Branding CaliPharms in the Cannabis Sector
Sep 20, 2017
OTC Disclosure & News Service
Riverside, CA -
CaliPharms, Inc. (OTCPink:KGET), a Company operating in the California Medicinal Cannabis industry and publicly trading under the OTC Markets symbol as "KGET", is pleased to introduce its new CEO - Eric Watson.
Eric Watson has been named the CEO of CaliPharms. Watson has been involved in the Cannabis sector for over 25 years. In 2009 he co-founded Green Door Hydro & Solar Electric in Los Angeles, which quickly grew to become one of the top three indoor gardening supply depots in California, serving as a hub for the market at large in Los Angeles. Watson is also the co-founder of entertainment company Protozoa Pictures, which has produced several major motion pictures since 1997, including BLACK SWAN and THE WRESTLER. Blending his intimate understanding of the Cannabis sector with his business acumen, CaliPharms CEO Watson plans to guide the company into a strong, leading industry position.
Watson continued, We are at the precipice of a once in a lifetime opportunity, as a $50 Billion industry moves into the mainstream. With the rapid expansion of retail opportunities as the tide of prohibition wanes, the customer base continues to grow exponentially for consistently produced high quality Cannabis products. Branded products are the future of the industry, and we plan to immediately launch a full line of clean CBD and THC products for the mainstream consumer with the goal of establishing our brand as the market leader CaliPharms will be what customers reach for when it comes time to purchase.
CaliPharms subsidiary Country Junction Farms (CJF) has elected to unwind the acquisition agreement between CJF and CaliPharms. Under the agreement provisions there is a clause that CJF may unwind the transaction for any reason, provided CJF has not sold any of the stock issued to CJF as consideration for the transaction. CJF did not sell or convert KGET stock, or received any cash consideration for the contracted acquisition, so the unwinding provision is considered valid by CaliPharms. CaliPharms wished great success to CJF in the future.
Please see our company videos:
Company Vision
Nothing said or done here will prevent them from doing what they want, which is apparently, start over with re-branding. Call names all you will, they will do something, and the PPS will rise again. That's my call. People need not worry...
Make no mistake....multi-time loser and serial rip-off artist, Bobo "THE CLOWN" Linton is still "in charge", being he remains the Chairman & President. Watson is subordinate to the Board of Directors, which is manned by a gang of two...Bobo and his long-time Canyon Lake neighbor, Bryan Wayne Geer. Is Watson simply a figure head, window dressing, and/or Bobo's puppet?
It is clear THE CLOWN continues "pulling the strings" (pardon the pun!)!
New CEO
"CaliPharms Welcomes its New CEO - Eric Watson -- CEO has Directed Plans for Branding CaliPharms in the Cannabis Sector"
Not dead. Volume was 60 mil, someone is buying. I also havent seen a 0 volume days yet.
You aint getting no more hype from a dead stock...
Your words, "There are several other "misstatements" in the financial reports, going all the way back".
You really think they are accurate now?
Bo had to sign saying they were, "truthful", that's it. Sure, he "truthfully", "thinks", they are accurate...
This in no way shape or form, makes them accurate, nor does it mean he's committed any crimes by attesting truthfully he thinks they are, even if they are not.
You said, "For a real OTC investor, the financial reports can be a fascinating read"
First of all, no such thing as a "real OTC investor", real gamblers maybe... Second, "OTC" and "Financial reports" are an oxymoron. They are useless on the OTC for 95% of companies for the reasons I stated above.
Accounting 101 isn't an OTC course, Neither is a Balance sheet or Income statement... again, OTC is not about financials, it's about hype. Period.
It is basic Accounting 101!
In order to remain "Current-Alternative Reporting" for OTC Markets, Bobo "THE CLOWN" Linton filed KGET's Q2 2017 financial report, which included the corporate Balance Sheet! A financial report commonly includes a minimum of an Income Statement, a Balance Sheet, and a Cash Flow Statement. These documents were all submitted by Bobo. The report could have been done by a fifth grader, but THE CLOWN attested (signed) the filing as being "truthful"! If the Balance Sheet numbers were blatantly misstated, it can be construed as a criminal and/or civil offense!
If there was never a "real" deal to acquire 51% Country Junction Farms, which can easily be determined by reviewing an actual signed acquisition agreement, then showing a Balance Sheet Asset of $1.75 million is a "blatant lie" and purposely misstates the company's financial condition! "Ignorance" is not a defense! This is further supported by the notion that there was no offsetting $1.75 million Liability on the Balance Sheet!
There are several other "misstatements" in the financial reports, going all the way back to flurry that were filed just after KGET was DE-REGISTERED with the SEC in December of 2016! Again, with regard to Bobo, "ignorance is not a defense"! For verification of the accounting misrepresentations, it would be good to take some time to review all of the KGET's financial reports dating back to Q3 2014!
KGET's history of filings, including the past reports, can be found at http://www.otcmarkets.com/stock/KGET/filings. For a real OTC investor, the financial reports can be a fascinating read.
Just so that everyone knows how this works:
If you go short on a company like KGET, at these prices you need to go big otherwise it's not worth it.
If the company price goes up, it goes up by the 100%'s.. Shorts have a VERY high risk here. Which is why most don't engage in this activity. If they do, it's important to attack the company constantly at this level or resk decimation. If the company declares BK, the short is never forced to cover and profits nicely.
However, in this case, Bo will likely not go quietly, he's done nothing illegal that I can see, just blundered the previous business plan and paid himself handsomely while he did it because well, he's doing all the work.
So as anyone short racks up the maintenance fees all this time their profits deteriorate, and worst case the stock pops, the shorts are forced to cover at a huge loss. All because they got burned on the previous model and think Bo's going to dilute the company into oblivion.
On one hand it seems like a slam dunk to short this into oblivion. Poor CEO performance- terrible financials etc... However on the other, if the company and/or CEO are resilient... shorts face unlimited losses here.
As someone else just pondered what's to gain at .0001, going short, not much, not worth the risk. But Going Long KGET at .0001? Easy potential double IMO.
Sometimes to win a fight, you don't come out swinging all the time, you let the opponent dance around and swing at you and tire himself out. Haven't you ever seen Rocky?
Regulators aren't stupid. They won't be duped by some lack of PR or updates from the guy. If he's really scamming- they will catch him eventually, with no help from you or this board.
He had to re-brand the business. He did Rebrand the business and well it turns out wood pellets wasn't for him, nor was horticulture.
You are screaming that he is "highly adept at generating PR's"... and now he's using that to get into the business of "branding" of MJ products. Maybe he's finally gotten himself into something he's really good at.
As for entitlement? We aren't entitled to anything. And as you have noted so many times before, as they are under no obligation to report, you and I have no idea what's really going on. He has no obligation to tell us, and if you choose (again key word there) CHOOSE to invest in something this risky, then you need to really take a flyer here and hope it works out.
How can you point to something called a "balance sheet" when there's no obligation to report anything, much less vouch for the accuracy of anything? There is no auditing here... there's nothing. You are investing(more like gambling here) in Bo's word, and Bo himself to bring the PPS up. Which he might actually do. A quick glance at the ticker shows not a horizontal line, but a lot of pops and drops. So really, again, it's at the bottom and I think you need to look at a new strategy for investing/gambling with Bo.
What happened to all that stuff? Who knows? Maybe Bo doesn't even understand it or get it. Maybe Maxine Pierson or whatever her name is ripped him off. Even if it is his mother. Who knows and it doesn't really matter because at this level, OTC, no financials actually matter. It's all about creating a buzz, and getting investors and getting momentum behind you. After that, it's all gravy.
This isn't a blue chip. This may indeed be a scam. However we won't know until the fat lady sings here and either we see a BK filing, or some sort of injunction against Bo and/or the company. You can call it a scam as much as you want, it doesn't make it that. I can call him a poor businessman all I want, it doesn't make him that either. What we really have here is a man, that people are able to throw money at in hopes of earning a return at some point. Only time will tell if this is the low water mark, or just another point in the breakdown of the chart, or worse.
Shareholders are getting the "chance" here. Period. Nothing more, nothing less. We will never know exactly how shares and/or money was spent, and honestly I don't care. I simply want the PPS to rise, along with most others out there aside from yourself.
NOT QUITE! Check the Calipharms website! Bobo "THE CLOWN" Linton in fact remains in complete control! Bobo is the President and Chairman of the Board. Bobo's BFF, Bryan Geer, is the only other member of the Board. With Geer's vote, THE CLOWN still runs the show!
It is entirely possible that Eric Watson is a new face and a "puppet" for Bobo! And the investors have no clue as to Watson's compensation, because KGET no longer files any SEC reports, such as a signed executive compensation agreement!
Lol what great thought
If Bobo "THE CLOWN" Linton is "such a fighter", why did he hide in his cave for two years after the wood pellet and kitty debacles had no way to get any more shareholder money! IMO...he's trying to cover his tracks in effort to placate the regulators! To "walk" now would definitely scream "SCAM" for those pursuing civil and/or criminal action against THE CLOWN!
When the wood pellet fiasco (scam???) died, KGET fell to "no bid", just like now! Bobo will "re-start", when he personally needs more cash! CASH IS BOBO "THE CLOWN" LINTON'S TRUE PASSION, NOT WOOD PELLETS OR MJ! He could care less about running a business! Actually THE CLOWN has virtually no qualifications for running a business! But he is highly adept at generating PR's and running shareholder rip-offs!
BTW...while THE CLOWN was MIA for two years, he did manage to continue accruing his salary as the CEO, plus his salary as the Chairman FOR DOING NOTHING on behalf of the investors! The compensation accrual remains on the Balance Sheet! What a guy!
The KGET shareholders are entitled to an ANSWER to the serious question...
WHAT HAPPENED TO $1.5 MILLION DOLLARS IN CASH AND WHAT HAPPENED TO 3.5 BILLION SHARES, ALL OF WHICH WERE HANDED OUT IN A MERE SIX MONTHS FROM JANUARY 1, 2017 THRU JUNE 30, 2017?????? For this disbursement of shareholder funds there is NOT ONE SINGLE DOLLAR OF ASSETS ON THE BALANCE SHEET! What did the shareholders get for their money?
Still no bids, but the ask is halved to about 200M from 400M the other day, clearly the selling pressure is receding.
Dude just joined the company? Wild guess.
Eric WATSON owns ZERO KGET shares?
Why?
What are your thoughts about this?
Going to grab 20 million, could be nice play from here. Bobo is gone; new CEO should bring some renewal to trust and credibility here.
1.) You said, "The Suggested scenario makes no sense." Sorry, it doesn't to you. It doesn't need to. In fact, it doesn't need to to anyone except those creating the scenario. It also doesn't need to be completely thought through. Again, bootstrapping with nothing usually means flying by the seat of your pants. These are the people in control and they are in control of YOUR money by YOUR decision and YOUR decision only. So you if you are long should hope they have something that at least makes sense to them, regardless of your self-admitted lack of understanding. You should at least be open to the possibility that your thoughts are so fogged by your anger towards Bo that you wouldn't see anything good if it hit you in the face.
2.) You said, "There are plenty of other investible MJ alternatives KGET has nothing". You are right on both fronts, but this is ground zero. What a better place to start. Especially if Bo has a good idea and suddenly has the balls and the resources to do something about it.
I mean really- suddenly there's more potential than there was when you were blasting them for now being on time with the two week time frame for exciting news. I see your point though, maybe he met this guy at the bar after got wasted and thinks the handshake deal for 49% ownership in the company to play CEO is valid. hahahaha
I mean it COULD go either way. You have some real prejudice towards this guy actually making it. My argument is, let the guy try, until BK seals the deal. Until then, this guys a fighter- and fighting to keep the dream alive. Lots of peoples money are tied up here, and guess what, I'd LOVE the PPS to go up a few points allowing many to recoup some losses.
IT MAKES TOTAL SENSE TO SO MANY. IT DOESN'T MATTER IF IT MAKES NO SENSE TO YOU.
Wow...lots of enthusiasm for the CEO announcement! The KGET stock is still showing "no bid"!
If Watson has money and is willing to invest in MJ, why make a dumb move like getting hooked up with Bobo "THE CLOWN" Linton and KGET? THERE ARE PLENTY OF OTHER "INVESTIBLE" MJ ALTERNATIVES! KGET HAS NOTHING!!!
It appears multi-time loser and rip-off artist, Bobo "THE CLOWN" Linton remains the Chairman and President, meaning Watson will be answering to the THE CLOWN and THE CLOWN's BFF, BOD member, Bryan Wayne Geer! If Watson is any sort of "class act", why would he put himself in this position? Possibly no DD on Bobo??? IMO...there is no any palatable explanation! Watson could "loan" KGET some of his money, but the company has absolutely no collateral, including Authorized Shares, to back the loan! There are a myriad of safer MJ investing alternatives!
SORRY, BUT THE SUGGESTED SCENARIO MAKES NO SENSE!
JellyDonut, or whomever may want to respond, I finally closed out on my 10,000,000 shares at .0001 and took a small loss. Question, KGET has nothing to do with CalifPharms anymore, Right. The new CEO also has nothing to do with KGET, I assume. Is my logic right, and should I be glad that I got my money back, and not invest anymore hard-earned money in KGET.
So in the end the Exotic Chicken farm (aka Country Junction Farms) laid an egg...
Now on to more smoke and mirrors... where is the PR for the CaliPharms, Inc. Vape line... was it just an Loi, BoBo's favorite tool from the wood / hemp pellet days? Or is BoBo going to reverse course and bring back those Hemp Pellets he promised in 2015?
KGET Enters Acquisition Discussions with California Based Vape Line Company
KGET, aka CaliPharms has now entered into acquisition discussions with a California based Vape Line Company
Kleangas Energy Technologies, Inc. (OTCMKTS:KGET)
RIVERSIDE, CA, USA, January 12, 2017 /EINPresswire.com/ -- Kleangas Energy Technologies, Inc. (OTCPink:KGET), a developmental stage acquisition company which foresees acquiring, merging, and joint venturing with legally permitted fully operational marijuana-cannabis businesses has now entered into acquisition discussions with a California based Vape Line Company.
The companies had a face to face meeting with decision makers to discuss a potential acquisition. Topics of discussion included a KGET majority owned position of the Vape Line Company, expansion plans of KGET into the Hemp-derived CBD (Cannabidiol) Industry, expansion potential of the Vape Line Company, and its growth potential if acquired by KGET.
The meeting concluded with an optimistic view of doing business together. KGET has submitted a non binding Letter of Interest outlining the discussions between the parties. Potential next steps are formal Letter of Intent and/or a Term Sheet.
http://www.einpresswire.com/article/361554468/kget-enters-acquisition-discussions-with-california-based-vape-line-company
OMG...FINALLY! Most of us knew this had already happened, but it took Bobo "THE CLOWN" Linton months to actually publicly inform the investors! Nice transparency Bobo! Since THE CLOWN personally chose to DE-REGISTER KGET with the SEC, there was never an SEC Form 8-K filed with the details of the "purported" original transaction and no SEC Form 8-K with the details of the "purported" unwinding!
Here's the germane excerpt copied from KGET's September 20 PR:
The CJF "unwinding" announcement, assuming there was actually something to unwind, probably never would have happened had THE CLOWN not been FORCED to publicize the Pacific Cannabis Growers unwinding! We now know that all of Bobo's previously announced MJ business initiatives were blatant BULLSHIT! As of the last financial statement, which was distributed about exactly one month ago,there was one phony line on the Balance Sheet showing CJF as a $1.75 MILLION ASSET! Aside from the fact there was no offset for the $1.75 million anywhere on the LIABILITY side of the Balance Sheet, Country Junction Farms was already gone...kaput! IMO...A "REAL" DEAL NEVER HAPPENED, but, regardless of this "skepticism", CJF was clearly "history" months ago!
Plain and simple...Bobo will take care of Bobo...the retail shareholders are simply the "puppets" needed to support THE CLOWN's compunction for a rather "comfortable" SoCal life-style! Samo, samo for THE CLOWN! This little faux pas on Bobo's part will only add fodder to the regulators' investigations! Showing the $1.75 million Asset on the Q2 Balance Sheet was a blatant lie!
So Bobo "THE CLOWN" Linton announced numerous MJ initiatives prior to June of 2017. The 51% acquisitions of CJF and PCG never happened! The acquisition discussions with United Cannabis Retailers, i.e. Canna Kitchen, and the vape eCig provider, never went anywhere, but somehow Bobo disbursed $1.5 MILLION in CASH for "Consulting Services/Fees" and gave away 3.5 BILLION KGET SHARES, with the bulk of them being dished out for NO KNOWN REASON and there has NO KNOWN POSITIVE OUTCOME for the KGET investors, i.e. no increase in shareholder value! 3.5 BILLION SHARES OUT THE DOOR AND NO VALUE IN RETURN IS BRUTAL SHAREHOLDER DILUTION, BUT THE CLOWN COULD CARE LESS!!
Again, "Nice rip-off Bobo!" Hmmm...wonder if THE CLOWN's 9-month BS foray into MJ allowed him to garner enough cash to afford a new Porsche (or two)! Interestingly, the wood pellet/kitty litter business combo lasted just about 9 months as well, then Bobo crawled back into his hole and reappeared just about 2 years later!
Eric WATSON owns how many KGET shares? Tattoo Mike FERGUSON gave him some?
What are your thoughts about this?
Anyone who has spent any time on the OTC knows the deal here, "rinse, wash, and do it again". This stock is no different that 95% of OTC garbage.
Nothing is going to stop people from putting money into this slot machine again and giving it another spin. The only solution is to remove the machine from the floor, and nothing written here will ever do that. The only thing that has the potential to, will never, and for good reason.
Anyone can be a poor businessman, and criminal intent is almost impossible to prove. Bo is definitely one, and will likely never be proven the other.
I'm sorry, but on top of that you go on to blame the scammer, as well as now the scammed. So why bother even typing replies if "the greedy" are as much as fault? The stock had millions in daily volume until recently and this is the proof that these writings do nothing to prevent the gambling that takes place in this ticker.
If you have a concern with his SoCal lifestyle, imagine the lifestyle he could live in some other state! If the OTC scam artists need to be stopped, this is not the way. If the OTC is your problem, blame the OTC, not some hard of luck, SoCal entrepreneur. This guys is living the American dream, and he us trying to start a company, yes, off the backs of shareholders who are willing to roll the dice and let Bo give it a shot. Most know the odds are long and those that don't, learn quickly.
I'm hoping Bo succeeds. Because success is awesome, and failure sucks for all parties. Why not try to support the guy again. Maybe he succeeds next time. Sure seems that someone with money is backing him again... Maybe I will too. Maybe I'll lose some more money, or maybe I'll trade profitably this time around.
I don't see any reason to sit here all day and bash a man for trying, within the boundaries, and the legal system. I see nothing illegal going on, and I see a lot of potential if the right business is started in the right place with the right backing. Sure he's lost in the past. Probably even made some mistakes along the way too. Who hasn't?
I don't know what's really going on here. I know there's a bunch of angry investors tho- there always are on these OTC stocks and the venting grounds are ripe here. However I know something. I know this guys still trying- and I like business people who don't give up, especially after being beaten down and when the odds are long. Even when people are really hating... because you lost their investment.
The fact this guy is still trying again? Come on- what's that say? If he was really in the criminal wrongdoing department don't you think he'd just run and hide now? He's not hiding, nor is he running- he's starting over from scratch. Yet you say he's got no way to do it.
I call that bootstrapping. And as you say GLTU, I say, Good luck to Bo, he needs it more than I do. I just have to sit here and read stuff and wait for the stock to pop and then click a button to profit.
That's how this works for me. So Good Luck BO! You Got This!!!
Sorry, but there is no sympathy for those who bought into Bobo "THE CLOWN" Linton's latest shareholder rip-off! Many of those "in the know" provided the warnings, but the greed was apparently to much to ignore!
If KGET were to declare bankruptcy, so be it! At least Bobo would be "temporarily" out of the business of living on the backs of shareholders!
Simply stated, IMO...the naive KGET buyers were "hoping" for a big pay day, without ever paying heed to this Board or doing 15 minutes worth of DD! Call it a "lesson learned!"
Anything that contributes to Bobo "THE CLOWN" Linton's rather "nice" SoCal lifestyle is the real concern! The OTC scam artists need to be stopped! As long as Bobo continues to be "in charge", it will be another "rinse, wash, and do it again" deal! GLTU!
This is an interesting development:
https://twitter.com/CaliPharms
Eric Watson is the new CEO of CaliPharms
Watson is also the co-founder of entertainment company Protozoa Pictures, which has produced several major motion pictures since 1997, including BLACK SWAN and THE WRESTLER.
https://www.google.com/search?q=Protozoa+Pictures&oq=Protozoa+Pictures&aqs=chrome..69i57&sourceid=chrome&ie=UTF-8
https://www.google.com/search?q=Eric+Watson&stick=H4sIAAAAAAAAAOPgE-LSz9U3SM_OrihJVuIEsbMNy3OrtNQzyq30k_NzclKTSzLz8_Tzi9IT8zKrEkGcYqvs1EqFgtT8gpxUAHxsW91CAAAA&sa=X&ved=0ahUKEwipgcTf6LTWAhVBVyYKHUE-CEkQmxMIngEoAjAV&biw=1920&bih=987
I don't know what or how they plan to do something- but this guy likely has the capital and the associates to do something big.
I for one, want the stock price to go up.
Let me try to be as clear as possible. I asked, "sounds like you are opposed to the share price of KGET actually going up", and you replied, "I AM!"
If they are out of authorized shares, and it sits at .0001. With no plans to reverse split, the only way it can go lower without a split is to actually declare bankruptcy. And you are opposed to the price going up... The only rational explanation for this is being short KGET and waiting for BK to not have to buy in and cover. If that is the case it makes 100% sense.
Let me explain where the logic is failed:
If the stock goes up, WE ALL BENEFIT!
Even the people who lost will recoup SOME losses if the stock goes up. If the stock does not go up, We all lose and BO is the ONLY WINNER.
Please re-evaluate your logic. Again to be clear there are two scenarios here:
Stock does not go up: BO WINS. BO IS THE ONLY WINNER IN THIS SCENARIO.
Stock goes up: BO WINS. AND WE WIN TOO. PREVIOUS LOSERS WIN BACK SOME.
The overwhelming desire to see Bo fail at any and all costs TO OTHERS is tunnel visioning you into forgeting about THE OTHERS. The others have not lost yet and are still in this, so please stop trying to sink the ship while other passengers are still on it.
Do you own shares of KGET? If yes, you want the stock to go up. If no, then please let others attempt to recoup losses here via stock price going up.
Are you in possession of borrowed shares of KGET? (AKA Short?) If yes, then you may want to return them now. If no, then think of others potential losses and stop trying to sink the ship while others are still on it.
Thank you.
I AM! As long as Bobo "THE CLOWN" Linton is in a position to substantially benefit, he will remain in the posting cross-hairs! When Bobo's completely gone, hopefully due to regulator or law enforcement action, then it will be a different discussion.
Based upon Bobo "THE CLOWN" Linton's history of complete BS, one has to wonder if Eric Watson even knows he is the new KGET CEO! WHY NO PR?
No PR is completely out of character for Bobo! The website has been updated with a bunch of fluff regarding Watson's MJ expertise, but NO PR? Also note, Bobo "THE CLOWN" Linton is still "pulling the strings" as he remains the Chairman and President of the company. Bobo's BFF, Bryan Wayne Geer, remains a member of the BOD, so these two pals can overrule Watson in a heartbeat! Essentially nothing has changed!
BTW...appointing a different CEO ain't going to increase the Authorized Share limit! KGET remains completely tapped-out, having no money, carrying multi-millions in debt, and devoid of any more Authorized Shares. There is nothing to merge and/or acquire!
Did Eric Watson receive the "missing" $1.5 MILLION in "Consulting Fees"? Did Watson receive any of the "missing" 3.5 BILLION SHARES that have been "handed out" over the last nine months?
Ok, interesting development. So... now what?
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