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I actually never mentioned Dan on this board. The only reason I mention Scott is he is the new CEO. Also yes Scott Keevil did put out news that brought the price to $.20's, however when he couldn't back up the reports as they weren't up to code, the price then diminished, and we currently have sub-penny pricing. Scott was in charge for over 8 years, and nothing was accomplished, none of the reports were validated, he got a CTO ban in Canada, tied up 3 years with letters of intent that never happened... Again he was terminated with cause for a reason. You don't do that to a great CEO.
The intrinsic value and pump of Nemegosenda sent the pps to .20
Then you and Scott illegally dumped for years while squandering every business opportunity that cane along and sent the pps crashing to trip zero
Wildly incompetent and criminal.
Same is likely to happen here. If you own CCAN, your best bet is to sell before the CEO does.
TIMBER! Sinking like a stone in the water, look at the month chart. Scott Keevil greatest CEO ever, said no one!
This is from a 10-k How do you spend $3m on "consulting" fees, sounds like people were using shell companies to line their pockets, no wonder Canadian Cannabis never went anywhere buy down.
http://www.marketwatch.com/story/10-k-canadian-cannabis-corp-2015-10-02
Consulting Fees. Consulting fees for the period from inception (January 20, 2014) ending December 31, 2014 were $2,916,866. Included is $1,171,170 in fees charged by financial advisors. Consulting fees also includes $391,104 paid in relation to the Health Canada marijuana producer licensing application and developing the Company's business plan. Consulting includes $205,143 for individual hired to manage the design and operations of the Brampton facility. It also includes a $750,000 charge for shares issued to an individual for services.
Also Scott Keevil racked up almost $80k on travel? He was SUPPOSED to be running the company he was CEO (Sarissa Resources) of not playing, and look how he used his shell companies Midnite capital, also part of the SRSR (sarissa resources) scam...GREAT CEO you got there, no wonder he was terminated from Sarissa with Cause.
During the year, Scott Keevil incurred expenses of CAD $ 92,690 ($US 79,704) on behalf of CCC. These monies were primarily expense reimbursements for travel, office supplies and office rental space. At year end, the Company owed Mr. Keevil CAD $1,542 ($US 1,326). In addition, the Company paid Midnight Capital Corp, a Company owned by Mr. Keevil a CAD $50,000 ($US 42,995) consulting fee. At year end, the Company owed Midnight Capital CAD $88,116 ($75,771). Mr. Keevil owns 4.1% of the Company's common stock and is a 25% of 2264793 Ontario Inc. (a consolidated VIE of the Company) and serves as its President & CEO.
So I'm lying that the stock has been in decline since the IPO? I'm lying that Scott Keevil is a bad CEO and was removed with cause from SRSR? These are all public facts, not opinions.
If you look at the extended chart for a few years, it's been nothing but downhill since the IPO. Scott's been Part owner all along, and Ben Ward took his money and ran to the next scam. Ben Ward was also involved in SRSR Sarissa Resources with Scott Keevil the new CEO and Joshua Gold Resources...look where that is. Nothing but Scams....
Interesting to see this dropping for over a month. Maybe investors have finally figured out that Keevil is a cancer for every stock he gets involved with. This is most likely nothing more than his latest ATM...
Scott Keevil and his "friend" Andrew Currah will soon have lawsuits against them. AND of course that will have to be publicly disclosed by CCAN...
Lol, ya ok. I back up what I say with Data and Documents, you just have opinion...
Valas is a complete moron, liar, cheater.....
Poster pay no attention to this loser says: he lies, steals, cheats and has an IQ lower that 80 points.
If Scott was such a great CEO, why was he removed with cause?
This was a great PR for Scott Keevil, really thanked him for all his hard work as CEO...
Sarissa Resources Inc. Announces Termination of Scott Keevil
September 23, 2016 9:20 AM
TORONTO, September 23, 2016 /PRNewswire/ --
Sarissa Resources Inc. ("Sarissa" [SRSR:OTCPK], or the "Company") is announcing the termination of Mr. Scott Keevil, as an officer of the Company. Mr. Keevil has also been terminated as a director and officer of the Company's subsidiaries, Nio-Star Corp., and Shining Tree Resources Corp.
Dan Byrnes, President and interim CFO of the Company, stated: "The Board's decision to terminate Mr. Keevil as an officer of the Company, and as an officer and director of the Company's subsidiaries, is the culmination of months of work and diligence by the Board of Sarissa. Mr. Byrnes added: "With this behind us we can now focus on the substantial potential we see for proving out the economic value of the Nemegosenda Niobium property."
Mr. Pichler, Director of Sarissa stated: "We hope that today will mark the beginning of a fresh start for the Company. This is the culmination of the great effort and commitment that was promised when I joined the Company's Board. As a long term investor and significant shareholder of the Company, I look forward to ushering in a new era for the Company, one with a strong emphasis on corporate governance, transparency, diligent management and the building of shareholder value."
Valas you have no idea about Shiningtree...
You, being an idiot, believe anything Dan tells you.
You have no money, no sense, no wife, your only goal in life is to to put other people down so that your lowly position has company.
Pathetic.
Valas is an ignorant shortie troll please disregard
Let's review what Keevil has done for Sarissa and its shareholders. Here's what I've pieced together over time...
1. Paid himself and Andrew Currah $300k and $240k each for part time work. For a company with no revenues!
2. Left a large trail of unpaid vendors while achieving #1
3. Conspired to rent an apartment in a building owned by Andrew Currah for $2300 a month despite it rarely being used.
4. Got a CTO for the company
5. Failed to disclose that he was banned from acting as a stock broker for making unauthorized trades in clients accounts. Imagine the trades were in Findore which Andrew Currah was found guilty and banned from the by the OSC.
6. Failed to disclose that a convicted stock fraudster Andrew Currah was a contractor for the company.
7. Failed to disclose that Keevil, Currah and Fuschino owned > 50% of Sarissa shares which they sold illegally by not disclosing the trades - effectively running a pump and dump while banned by the OSC see #6.
8. Paid hundreds of thousands in management fees to his wife Sabine Frisch and Penny Currah, wife of Andrew Currah for what???
9. Paid 12% interest on $500k of debt that didn't exist and converted such interest to stock at 80% discounts to market.
It's no wonder why Andrew Currah (see: "McCull") is such a fan of Scott!
Look at Sarissa resources, he was CEO for 8+ years, we have ZERO to show for it, besides debt...
Scott did a private placement for Shining Tree and never gave shares. Ripped of many people
Paid himself huge contacts for part time work and gave more to his friends all for no value to shareholders.
Imagine he is going to do the same here.
A warning to the cannabis shareholders.
JP Valas you know nothing, nothing at all
Valas is a troll who doesn't know anything about anything.
Scott Keevil is a fine CEO and as a shareholder I am glad we have him as our leader.
Your new CEO Scott Keevil came from decades of mining companies, which failed, he knows nothing about marijuana, or running a company for that matter. A lot of LOI's that will not be realized coming down the pipe.
Yeah, with a tiny profit.
I see, tough day.
Because the entire mj sector dumped. I sold all my mj stocks.
Just curious, you mentioned the chart was looking good. Why are they down 21% today?
There's money to be made on a P&D scam stock if you play it right. I'm just throwing out the warning, if you're going to play don't stay long.
I'm involved in Sarissa resources, and also have filed complaints with the SEC and the Canadian Tax authority about them. There is a group of them, move from penny stock to penny stock, they use their own companies within the company to extract funds. Making up crap like "consulting" firms.
Read this, look up the names, and who owns the companies listed. Before marijuana they were miners
http://www.marketwatch.com/story/10-k-canadian-cannabis-corp-2015-10-02
I'm just playing the chart. I like breakouts on round numbers. Can't get much better than a $1 break the day before the green rush goes into overdrive.
That sucks though that they screwed their IPO investors over. Bet you're glad you missed out on the opportunity now.
Your money do what you want. Just do your due diligence first. I was actually going to get into this pre IPO, buy in was min $30k. IPO'd at $3/share everything looked impressive however they didn't have the license, and I was told it was just waiting for approval, years later no license. Other companies have received on since these guys IPO'd, and then there was of course the failed acquisition which would have let them get a licence by taking over Hydropothecary’s. I don't know if it was mentioned why yet?
You seem to know a lot about these guys. What's the story? I mean, how do you come to know so much about them?
Thanks for the advice matey, I'll be out tomorrow.
Hey I hope you make money, just don't stay long. Scott Keevil who is part owner just was removed as CEO of SRSR for stealing money. Ben Ward was involved in SRSR along with Joshua Gold Resources...Look where they are. Also your IR guy Merle, same deal. As I said I hope you make money on the run up if there is one, just don't stay long.
Thanks for the info :) See you at $2.50 tomorrow with any luck. Tomorrow is gonna be ****ing crazy party on the OTCs. OTCs are gonna have short parties and long parties and bounce parties and RSIs at 99 and RSIs at 1. Buckle up mother******s.
I wouldn't expect too much. They IPO'd at $3 have been down since. Made some deals with companies, other deals failed, and they have yet to secure a license to sell marijuana in Canada, which is the whole function of the company.
Also the who's who of scammers are involved in this.
Scott Keevil
Ben Ward
Ben Fuschino just to name a few.
CCAN sweet close today. Expecting a nice rally tomorrow.
Anyone with money here would be wise to pull out every singe penny. If Scott Keevil is associated with this company, investors are going to get scammed. Keevil is only interested in running companies he can use as a personal ATM.
CCAN is a SCAM.
Hey is there a new President? Scott Keevils LinkedIn page
Experience
President
Canadian Cannabis Corp
August 2016 – Present (1 month)
Chairman
Sarissa Resources Inc.
October 2013 – Present (2 years 11 months)Canada
President Director
Sarissa Resources Inc.
2007 – 2011 (4 years)
Yes that's my hope as well could see the entire sector go on fire if that happens!
Worthless stock. Wish I would have sold. Guess I just have to write off this loss
I was onboard too but this stock has been a loser. No news. It's gone from $5 to a penny stock in a year
$ CCAN: Oh Canada ...Leading North America into the CANNABIS ERA..
Any news on this stock. I got burned buying at 4. Been hoping it would return, but looks like it's destined to be a penny stock
Agreed, Canadian cannabis companies with there laws in place could see some explosive growth over the next few months.
The CCAN profile has not updated as if yet. The yield sign should be coming off shortly. This company is VERY BIG in the marijuana industry with a very low float. Any news should take this stock much higher!
She's Alive, Alive I tell yah. Holding for update, news, it'll come.
She's Alive, Alive I tell yah. Holding for update, news, it'll come.
DEAL FELL THROUGH...STOCK PRICE TO BOTTOM BECAUSE...
NEWS OUT NOW! 8K FILING : http://biz.yahoo.com/e/151020/ccan8-k.html
What's going on with CCAN? Steady decline for a while, no major news
CORRECTION FROM SOURCE: Canadian Cannabis Corp. Appoints Richard Wachsberg as Independent Director
http://www.otcmarkets.com/stock/CCAN/news
TORONTO, ONTARIO, Jan 15, 2015 (Marketwired via COMTEX) -- A correction from source is being issued for the Canadian Cannabis Corp. release that was disseminated on January 13, 2015 at 16:35 ET. In the first paragraph the year 2014 should have read as 2013. The corrected release follows:
Canadian Cannabis Corp. ("CCAN" or the "Company") (OTCQB: CCAN) is pleased to announce the appointment of Mr. Richard Wachsberg to the Board of Directors. Richard is co-founder and Chairman of Apollo Health and Beauty Care, the leading Private Label and Control Label Personal Care Manufacturer in Canada with distribution throughout North and South America, Mexico, Europe, and Asia. Apollo Health and Beauty Care has been awarded the distinction of being one of Canada's 50 Best Managed Companies from 2003 to 2013 and has earned 50 Best Managed Company Platinum status since 2010.
Apollo Health and Beauty Care is engaged in the business of manufacturing and distribution of beauty care products and non-prescription drug products. Richard is actively involved in stewarding and supporting health care and primary care efforts in the Canadian health care industry and is further invested in same through his charitable endeavors.
"We look forward to working with Richard to expand our future leadership position in the progressive discovery of health benefits for patients and practical applications for patients in the use of Medical Marijuana and correlated products. We welcome Richard's experience in support of corporate governance of the Company, furthered by his belief in the health care contribution potential of Canadian Cannabis as an early stage investor." said Benjamin Ward - CEO.
Jan 13, 2015 Canadian Cannabis Corp. Appoints Richard Wachsberg as Independent Director http://www.otcmarkets.com/stock/CCAN/news
Jan 7, 2015 Canadian Cannabis Corp. to Acquire Controlling Interest in Novo Healthnet
http://www.otcmarkets.com/stock/CCAN/news
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