News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
you the man Ronnie. keep up the great job pal.
Even if they file the form 10 there is no guarantee that Finra will accept it.(see June 2023)
SEC Charges Glenn B. Laken, Davies Wong, Richard Tang and 15 other Defendants and names Jason Black as a Relief Defendant in International Scheme to Manipulate Stocks Using Hacked US Brokerage Accounts
Those charged include Rahim Mohamed of Alberta, Canada, who is alleged to have coordinated the hacking attacks, and several others in and outside the U.S. who allegedly benefited from or participated in the scheme, including Zoltan Nagy, Robert Seeley, Phillip Sewell, Christopher Smith, Richard Smith, Anna Tang, Richard Tang, Breanne Wong, Davies Wong, Christophe Maerani, Glenn B Laken, Jeffery D Cox, and entities controlled by one or more of them, including Avatele Group LLC, Harmony Ridge Corp, H.E. Capital SA, Maximum Ventures Holdings LLC, and POP Holdings Ltd. Relief defendants include Jason Black and 9224-3708 Quebec, Inc. a/k/a Distributions Bano...
After obtaining the shares in LBTD and GMER, certain of the defendants then conspired with other unknown parties to access at least 31 U.S. retail brokerage accounts held by innocent third-party investors using online account takeover attacks (“ATOs” or “hacks”) and used the hacked accounts to make large purchases of LBTD and GMER common stock, thereby artificially inflating the trading price and volume of the stocks.
The defendants then sold the shares they had acquired at the inflated prices, generating approximately $1.3 million in proceeds and creating substantial profits for the defendants. Relief defendants 9224-3708 Quebec, Inc., a/k/a Distributions Bano, and Jason Black also received ill-gotten gains from the fraud and were unjustly enriched.
On January 12, 2021, Jason Black transferred 50,000 shares of Preferred Stock Series C to Hans Enriquez, effectively transferring control of the Company.
Court documents show that Capitol Capital Corporation received several big chunks of stock in IGEX, then transferred the shares to Tiger Trout Capital LLC, a Puerto Rican entity controlled by Alan Masley. A bank statement from December 2019 provided in the lawsuit shows that Tiger Trout Capital LLC would then transfer money back to Capitol Capital Corporation, who, in turn, split the money between Mark Miller and Jason Black (Market Cap Concepts LLC). At the time, Jason Black was the CEO of IGEX, and none of the debt conversions were disclosed in any of the IGEX OTC filings.
Public records show that Capitol Capital Corporation has also been involved as a noteholder in at least three other public issuers that used Jason Black as the CEO, MedX Holdings Inc (MEDH), Cann American Corp (CNNA), and Seven Arts Entertainment, Inc (SAPX).
CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds. And according to SAPX OTC disclosures, on December 27, 2022, all the debt notes previously put in the name of Capitol Capital Corporation were transferred to an entity named Via Capital, represented in the SAPX filings by Jesus Cipriano, keeping the notes active despite Mark Miller’s various legal issues. Via Capital immediately started converting the debt into large chunks of free trading stock, including 150,000,000 shares on December 28, 2022, 150,000,000 shares on February 21, 2023, and 180,000,000 shares on March 6, 2023. SAPX has also begun to issue new debt notes to Via Capital.
Previously, in December 2020, Gary Kouletas (PAG Group LLC), who was another insider in LEAS and MEDH, was arrested and charged in a separate pump & dump scheme involving Global Resource Energy Inc (GBEN). That Indictment references an unnamed “Cooperating Witness” who is described as “a stock promoter and CEO of several public companies under federal investigation for securities fraud-related offenses but not yet charged.”
Share selling scam exposed (IGEX, MEDH, SAPX, CNNA)
FROM BRAVE AI ____
Next few weeks
Stupid is as stupid does." – Forrest Gump.
CNNA is up 1000% in EM market and complainers are still bitching .
LOL
You and HighGuy can be the heroes
Did I mention..?
And I guess it's worth repeating...
U know that one, u do it a lot..
No one cares..
Watch, no interaction..
Only shooting u down..
The only lost cause here is yours..
Incorrect Jason Tucker was listed as the CEO in the FORM 10 last year
Form 10
Filed on 06/14/2023
To whom it may concern:
Please be advised that Cann American Corp. (“CNNA”, the “Company”) respectfully requests the withdrawal of the above-mentioned Form 10–12(g) Registration Statement pursuant to Rule 477 promulgated by the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended. The Registration Statement was originally filed on 06/14/2023.
The Company is in the process of revising its registration statement and accompanying financial statements to adequately address certain comments received by the Company from the SEC. Accordingly, the Company respectfully requests that the SEC consent to the withdrawal of the Company’s registration statement on Form 10 as soon as practicable. No securities were sold in connection with the offering.
Thank you,
Cann American Corp
/s/ Jason Tucker
Jason Tucker – President/CEO
And don't forget his new one SAPX...
Jason Black - CNNA CEO (OTC Markets still lists him as CEO in the company's profile - seems like the change of control 8k was dismissed by OTC Markets since they didn't update the CEO as Jason Tucker) and recent ex-CEO of MEDH.
Since this Jason Black character is a documented shyster, who knows if a change of control actually took place at CNNA. We also don't know what damage he already did to the company that will prevent it from getting ANY SEC approvals for ANYTHING from the company - this is the most likely explanation why the change of control didn't take place. Jason Tucker is yet to be seen as CEO in any financial statement.
I'll believe OTC Markets over a 8k from a scam company and scammer CEO, especially since the change of control 8k was released right after news came out that the SEC filed charges against Jason Black.
I have never seen a company's OTC Markets profile page not change the CEO name when a change of control 8k was published. Especially a year and a half after the change of control supposedly happened. This is all very, very shady.
Jason Black is still involved as an advisor with the company (and they mentioned he could be on the board of directors for CNNA in the future) because he was in the Spaces Prodigy update.
That conference call was a shit show. Nothing much was really said. And what was said was fluff and pumps (a minimum of .25 - what a joke - the only thing they have is a crappy website and a lot of pumping of future plans like countless other OTC Market scams). There were apologies left and right because they didn't have their act together.
I also found it funny that one of the speakers said "when we were in the expert market" which is false - they are still in expert market.
I also find it funny how they had to repetitively try to reassure people by saying "this isn't a scam." I guess word is getting out that is.
https://www.securitieslawyer101.com/2022/sec-charges-glenn-b-laken-davies-wong-richard-tang-and-15-other-defendants-and-names-jason-black-as-a-relief-defendant-in-international-scheme-to-manipulate-stocks-using-hacked-us-brokerage-accounts/
SEC Charges Glenn B. Laken, Davies Wong, Richard Tang and 15 other Defendants and names Jason Black as a Relief Defendant in International Scheme to Manipulate Stocks Using Hacked US Brokerage Accounts
Those charged include Rahim Mohamed of Alberta, Canada, who is alleged to have coordinated the hacking attacks, and several others in and outside the U.S. who allegedly benefited from or participated in the scheme, including Zoltan Nagy, Robert Seeley, Phillip Sewell, Christopher Smith, Richard Smith, Anna Tang, Richard Tang, Breanne Wong, Davies Wong, Christophe Maerani, Glenn B Laken, Jeffery D Cox, and entities controlled by one or more of them, including Avatele Group LLC, Harmony Ridge Corp, H.E. Capital SA, Maximum Ventures Holdings LLC, and POP Holdings Ltd. Relief defendants include Jason Black and 9224-3708 Quebec, Inc. a/k/a Distributions Bano...
After obtaining the shares in LBTD and GMER, certain of the defendants then conspired with other unknown parties to access at least 31 U.S. retail brokerage accounts held by innocent third-party investors using online account takeover attacks (“ATOs” or “hacks”) and used the hacked accounts to make large purchases of LBTD and GMER common stock, thereby artificially inflating the trading price and volume of the stocks.
The defendants then sold the shares they had acquired at the inflated prices, generating approximately $1.3 million in proceeds and creating substantial profits for the defendants. Relief defendants 9224-3708 Quebec, Inc., a/k/a Distributions Bano, and Jason Black also received ill-gotten gains from the fraud and were unjustly enriched.
On January 12, 2021, Jason Black transferred 50,000 shares of Preferred Stock Series C to Hans Enriquez, effectively transferring control of the Company.
Court documents show that Capitol Capital Corporation received several big chunks of stock in IGEX, then transferred the shares to Tiger Trout Capital LLC, a Puerto Rican entity controlled by Alan Masley. A bank statement from December 2019 provided in the lawsuit shows that Tiger Trout Capital LLC would then transfer money back to Capitol Capital Corporation, who, in turn, split the money between Mark Miller and Jason Black (Market Cap Concepts LLC). At the time, Jason Black was the CEO of IGEX, and none of the debt conversions were disclosed in any of the IGEX OTC filings.
Public records show that Capitol Capital Corporation has also been involved as a noteholder in at least three other public issuers that used Jason Black as the CEO, MedX Holdings Inc (MEDH), Cann American Corp (CNNA), and Seven Arts Entertainment, Inc (SAPX).
CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds. And according to SAPX OTC disclosures, on December 27, 2022, all the debt notes previously put in the name of Capitol Capital Corporation were transferred to an entity named Via Capital, represented in the SAPX filings by Jesus Cipriano, keeping the notes active despite Mark Miller’s various legal issues. Via Capital immediately started converting the debt into large chunks of free trading stock, including 150,000,000 shares on December 28, 2022, 150,000,000 shares on February 21, 2023, and 180,000,000 shares on March 6, 2023. SAPX has also begun to issue new debt notes to Via Capital.
Previously, in December 2020, Gary Kouletas (PAG Group LLC), who was another insider in LEAS and MEDH, was arrested and charged in a separate pump & dump scheme involving Global Resource Energy Inc (GBEN). That Indictment references an unnamed “Cooperating Witness” who is described as “a stock promoter and CEO of several public companies under federal investigation for securities fraud-related offenses but not yet charged.”
Share selling scam exposed (IGEX, MEDH, SAPX, CNNA)
where is the form 10?
Oh my swampy. You truly don’t have a clue.
On February 1, 2023, Jason Tucker was appointed as Director, President, CEO, Secretary and Treasurer of the Company.
CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 1, 2023, Jason Black resigned as director and from all offices of the Company. In consideration of severance to Mr. Black the Company divested its remaining subsidiary, Cannequipt LLC, and assigned its sole control to Mr. Black. The Company also assigned its loan agreements in "Cannagram" to Mr. Black. The Company has retained all ownership and rights to the "C-Juice" lines of CBD and Delta 8 products. The Company has also retained its hemp farming lease agreement in Glencoe, Oklahoma.
On February 1, 2023, Jason Tucker was appointed as Director, President, CEO, Secretary and Treasurer of the Company. Mr. Tucker has 18 years of experience in Business Development and Project Management. From December of 2020 to October of 2021 Mr. Tucker was CEO of General Environmental Management, Inc. (GEVI), where Mr. Tucker oversaw its successful audit and return to current reporting with the SEC after a decade of dormancy.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Cann American Corp
By: /s/ Jason Tucker
Jason Tucker
CEO
https://www.otcmarkets.com/filing/html?id=16366969&guid=8dO-kePL-zxSB3h
8-K 02/06/2023 02/01/2023
https://www.otcmarkets.com/stock/CNNA/disclosure
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
CNNA hasn't filed a financial report since 10/15/2022 and has missing financials from 2016 and 2017.
That means CNNA is delinquent with the SEC, is in violation of FINRA Rule 6490, has a SEC restriction on it's corporate actions.
CNNA is still accountable for these missing financials if it wants to get its Form 10 registration statement approved by the SEC and CNNA is having trouble getting its Form 10 Registration approved.
CNNA had to withdraw its Form 10 Registration statement which was pumped here for over a year.
CNNA is having trouble getting its Form 10 approved by the SEC. Gee, could all the missing financials have anything to do with it? I think so.
https://www.sec.gov/Archives/edgar/data/1368620/000168316823005493/cann_rw.htm
Not being able to get its Form 10 Registration approved by the SEC was beginning of the end for this stock.
CNNA is folllowing the same scam playbook as several other scams I have witnessed through the years:
1. SEC delinquent because of years of missing financials statements.
2. No Form 10 registration statement approval with the SEC that is needed for a merger.
3. In violation of FINRA Rule 6490.
4. An SEC restriction of corporate actions because of 1, 2 and 3 above.
5. Price crashes once the market figures out that going back years to balance the books is impossible, but not before insiders cash out to line their pockets before the dump.
There have been no financials filed for CNNA since 10/15/2022 and there is a gap of missing financials from 2016 and 2017 which means CNNA is delinquent with the SEC and in violation of FINRA Rule 6490. Because of this, CNNA won't be able to get a Form 10 Registration approved by the SEC. This means that CNNA won't get any corporate actions such as a merger or name change approved by SEC/FINRA.
I'm backing up what I'm saying with verifiable documentation.
https://www.otcmarkets.com/stock/CNNA/disclosure
This is what two corporate financial law firms have to say about missing financials and FINRA Rule 6490 compliance:
https://bradshawlawgroup.com/reverse-mergers-a-basic-primer/
Conducting effective due diligence on the shell company is essential, as merging with a “dirty” shell (i.e., a shell whose management failed to follow proper SEC reporting procedures) could prove fatal for the private company.[13] In searching for “clean” shells, private companies should consider the shell’s number of stockholders, reporting record, and how and where it is listed.[14]
FINRA Rule 6490, has evolved since it was enacted over two years ago. For some time, FINRA has required that issuers provide expansive disclosures and supporting documentation not only for the corporate change subject to the notice but for the company’s entire corporate history from inception.
These disclosures are required of both SEC reporting and non-reporting issuers if they undertake corporate actions including reverse mergers. Compliance with Rule 6490's requirements is a minor task for companies going public by filing a registration statement with the SEC. Companies filing registration statements rarely have difficulties obtaining DTC eligibility unlike reverse merger issuers.
The public filings of companies who register with the SEC contain most of the supporting documentation required by Rule 6490.
It is no surprise that compliance with the requirements of Rule 6490 is less burdensome for companies going public using a registration statement because these companies have fewer corporate changes in their company history than companies engaging in reverse mergers. This is especially true for reverse merger issuers who undergo multiple changes of control and periods of inactivity.
The Problem with Reverse Mergers & Disclosure under Rule 6490
For companies that engage in reverse mergers as part of their going public transaction, compliance with Rule 6490's requirements can be impossible particularly when custodianship or receivership actions have been used by shell brokers to create public shells after years of inactivity. These companies may have multiple corporate actions related to prior changes of control and often have sketchy corporate histories. Some have even been hijacked through custodianship or receivership actions. In these circumstances, documents may be unavailable or if provided to FINRA, it could potentially result in FINRA referring the matter to the SEC’s Division of Enforcement.
These companies are almost always plagued with incomplete or fraudulent corporate records which make it extremely difficult for the post-reverse merger company to comply with FINRA Rule 6490. As a result, these companies may never get FINRA approval of the contemplated corporate action.
Rule 6490 Disclosures
Issuers must provide a cover letter disclosing the full corporate history for the issuer itemizing all material facts including every corporate change that has occurred from inception to present day.
Triggers for Review under FINRA RULE 6490
A FINRA review will be triggered if any of the five factors set forth in Rule 6490 are thought to be present:
• FINRA believes the forms are incomplete, inaccurate or filed without the appropriate corporate authority;
• The issuer is not current in its reporting obligations with the Securities and Exchange Commission;
• Persons involved in or related to the corporate action are the subject of pending or settled regulatory action or are under investigation by a regulatory body or are the subject of a pending criminal action related to fraud or securities law violations;
• Persons related to the corporate action are likely involved in fraudulent activities involving securities or may pose a threat to investors;
• There is significant uncertainty in the settlement and clearance process for the issuer’s securities.
Any company contemplating going public using a reverse merger must consider the potential impact Rule 6490 could have on its future corporate actions. Rule 6490 provides one more compelling reason why private companies seeking to go public should do so using a registration statement instead of a reverse merger.
Jason Black - CNNA CEO (OTC Markets still lists him as CEO in the company's profile - seems like the change of control 8k was dismissed by OTC Markets since they didn't update the CEO as Jason Tucker) and recent ex-CEO of MEDH.
Since this Jason Black character is a documented shyster, who knows if a change of control actually took place at CNNA. We also don't know what damage he already did to the company that will prevent it from getting ANY SEC approvals for ANYTHING from the company - this is the most likely explanqtion why the change of control didn't take place. Jason Tucker is yet to be seen as CEO in any financial statement.
I'll believe OTC Markets over a 8k from a scam company and scammer CEO, especially since the change of control 8k was released right after news came out that the SEC filed charges against Jason Black.
I have never seen a company's OTC Markets profile page not change the CEO name when a change of control 8k was published. Especially a year and a half after the change of control supposedly happened. This is all very, very shady.
Jason Black is still involved as an advisor with the company (and they mentioned he could be on the board of directors for CNNA in the future) because he was in the Spaces Prodigy update.
That conference call was a shit show. Nothing much was really said. And what was said was fluff and pumps (a minimum of .25 - what a joke - the only thing they have is a crappy website and a lot of pumping of future plans like countless other OTC Market scams). There were apologies left and right because they didn't have their act together.
I also found it funny that one of the speakers said "when we were in the expert market" which is false - they are still in expert market.
I also find it funny how they had to repetitively try to reassure people by saying "this isn't a scam." I guess word is getting out that is.
https://www.securitieslawyer101.com/2022/sec-charges-glenn-b-laken-davies-wong-richard-tang-and-15-other-defendants-and-names-jason-black-as-a-relief-defendant-in-international-scheme-to-manipulate-stocks-using-hacked-us-brokerage-accounts/
SEC Charges Glenn B. Laken, Davies Wong, Richard Tang and 15 other Defendants and names Jason Black as a Relief Defendant in International Scheme to Manipulate Stocks Using Hacked US Brokerage Accounts
Those charged include Rahim Mohamed of Alberta, Canada, who is alleged to have coordinated the hacking attacks, and several others in and outside the U.S. who allegedly benefited from or participated in the scheme, including Zoltan Nagy, Robert Seeley, Phillip Sewell, Christopher Smith, Richard Smith, Anna Tang, Richard Tang, Breanne Wong, Davies Wong, Christophe Maerani, Glenn B Laken, Jeffery D Cox, and entities controlled by one or more of them, including Avatele Group LLC, Harmony Ridge Corp, H.E. Capital SA, Maximum Ventures Holdings LLC, and POP Holdings Ltd. Relief defendants include Jason Black and 9224-3708 Quebec, Inc. a/k/a Distributions Bano...
After obtaining the shares in LBTD and GMER, certain of the defendants then conspired with other unknown parties to access at least 31 U.S. retail brokerage accounts held by innocent third-party investors using online account takeover attacks (“ATOs” or “hacks”) and used the hacked accounts to make large purchases of LBTD and GMER common stock, thereby artificially inflating the trading price and volume of the stocks.
The defendants then sold the shares they had acquired at the inflated prices, generating approximately $1.3 million in proceeds and creating substantial profits for the defendants. Relief defendants 9224-3708 Quebec, Inc., a/k/a Distributions Bano, and Jason Black also received ill-gotten gains from the fraud and were unjustly enriched.
On January 12, 2021, Jason Black transferred 50,000 shares of Preferred Stock Series C to Hans Enriquez, effectively transferring control of the Company.
Court documents show that Capitol Capital Corporation received several big chunks of stock in IGEX, then transferred the shares to Tiger Trout Capital LLC, a Puerto Rican entity controlled by Alan Masley. A bank statement from December 2019 provided in the lawsuit shows that Tiger Trout Capital LLC would then transfer money back to Capitol Capital Corporation, who, in turn, split the money between Mark Miller and Jason Black (Market Cap Concepts LLC). At the time, Jason Black was the CEO of IGEX, and none of the debt conversions were disclosed in any of the IGEX OTC filings.
Public records show that Capitol Capital Corporation has also been involved as a noteholder in at least three other public issuers that used Jason Black as the CEO, MedX Holdings Inc (MEDH), Cann American Corp (CNNA), and Seven Arts Entertainment, Inc (SAPX).
CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds. And according to SAPX OTC disclosures, on December 27, 2022, all the debt notes previously put in the name of Capitol Capital Corporation were transferred to an entity named Via Capital, represented in the SAPX filings by Jesus Cipriano, keeping the notes active despite Mark Miller’s various legal issues. Via Capital immediately started converting the debt into large chunks of free trading stock, including 150,000,000 shares on December 28, 2022, 150,000,000 shares on February 21, 2023, and 180,000,000 shares on March 6, 2023. SAPX has also begun to issue new debt notes to Via Capital.
Previously, in December 2020, Gary Kouletas (PAG Group LLC), who was another insider in LEAS and MEDH, was arrested and charged in a separate pump & dump scheme involving Global Resource Energy Inc (GBEN). That Indictment references an unnamed “Cooperating Witness” who is described as “a stock promoter and CEO of several public companies under federal investigation for securities fraud-related offenses but not yet charged.”
Share selling scam exposed (IGEX, MEDH, SAPX, CNNA)
AI
