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CannAwake Corporation (CANX)

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Last Post: 8/17/2018 5:46:18 PM - Followers: 15 - Board type: Free - Posts Today: 0

Moderator's Disclaimer - This board is for Delta Mutual discussion purposes only and in no way a recommendation to invest or not in this stock. Any investment decisions should be based on your own due diligence and decision. You are solely responsible for your choices to buy or sell. This is a disclaimer and in no way holds the moderators legally liable for your investments. BUYER BEWARE! Address 111 North Branch Street Sellersville, PA 18960 Leadership Peter F. Russo President & CEO Contact Phone: 215-258-2800 Profile Delta Mutual, Inc., through its subsidiaries and joint venture interests, provides environmental and construction technologies and services in the United States, Puerto Rico, the Far East, and the Middle East. The company’s joint venture subsidiary, Delta-Envirotech, Inc., provides environmental technology services for certain business sectors located in the Far East and the Middle East. Delta-Envirotech has a joint venture with PT. Triyudha-Envirotech to process oil sludge for separation and recovery with equipment manufactured in Indonesia. It also has a strategic alliance with ZAFF International, Ltd., a technology company, to jointly pursue projects related to soil and water reclamation in the Middle East. Further, Delta Mutual has majority owned joint ventures to manage the construction and related activities required to build low-income homes in Puerto Rico. The company was founded in 1999 and is based in Sellersville, Pennsylvania. Update Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) Effective January 28, 2008, the Registrant’s Board of Directors appointed James L. Weintraub, Esquire as a director to fill a vacancy on the Board. Mr. Weintraub, 46, is currently a practicing attorney concentrating on corporate and commercial law matters. His offices are located in Ft. Lauderdale, Florida. Since 1998, he has served as General Counsel, Secretary and Board Member of e-lysium Transaction Systems, Inc. and is one of the founders of this software development company. He served as General Counsel for Flick Mortgage Investors, Inc. from April 2004 to August 2004; General Counsel/Secretary for ITELSA, Inc. from July 1998 through 2003; and consultant and Board Member for Gulfside-Dadeland, Ltd. from September 2002 to April 2003. Mr. Weintraub was a partner in Weintraub, Weintraub, Seiden and Orshan from 1988 to 1998. He was a Florida Supreme Court Certified Mediator from 1996 to 2002. Mr. Weintraub received a J.D. degree (1988) and a B.B.A. in finance (1985) from the University of Miami, Florida. The Company does not compensate directors in their capacity as such nor does it compensate directors for attendance at meetings. The Company does reimburse directors for reasonable expenses incurred in the performance of their duties. Change of control Item 1.01. Entry into a Material Definitive Agreement. Effective March 4, 2008, Delta Mutual, Inc. (the “Company”, “we” or “us”) entered into a Membership Interest Purchase Agreement (the “Agreement”) with Egani, Inc., an Arizona corporation, (“Egani”), providing for the acquisition by the Company from Egani 100% of the issued and outstanding membership interests held by it in Altony SA, an Uruguay Sociedad Anonima (“Altony”), which owns 100% of the issued and outstanding membership interests in South American Hedge Fund LLC, a Delaware limited liability company (“SAHF”). In connection with the Agreement, we issued 130,000,000 shares of our common stock to Egani, and also issued 10,000,000 shares to Security Systems International, Inc., pursuant to a Consulting Services Agreement, dated September 10, 2007 (the “Consulting Agreement”), between the Company and Security Systems International, Inc. FOR THE FULL TERMS OF THE AGREEMENT AND THE CONSULTING AGREEMENT, PLEASE REFER TO THE COPIES THEREOF FILED AS EXHIBITS 10.35 AND 10.36, RESPECTIVELY, TO THIS REPORT. Item 2.01. Completion of Acquisition or Disposition of Assets. At a closing held on March 4, 2008, pursuant to the Agreement we acquired from Egani 100% of the issued and outstanding membership interests held by it in Altony which owns 100% of the issued and outstanding membership interests in SAHF, in exchange for our issuance of 130,000,000 shares of our common stock. Item 5.01 Changes in Control of Registrant. At the Closing of the purchase of all of the outstanding membership interests in Altony on March 4, 2008 ( the “Transaction”), we issued to Egani 130,000,000 shares of our common stock, which constitutes following such issuance a majority of our outstanding shares of common stock. The stockholders of Egani, Inc. are Daniel R. Peralta and Monica Laura Gallo, husband and wife, each a beneficial owner of 65,000,000 million shares of our common stock. Based on the number of our outstanding voting securities as of March 4, 2008, each of Mr. Peralta and Ms. Gallo own beneficially approximately 26.7% of our issued and outstanding shares of common stock. The consideration furnished by Egani, Inc. was comprised of all of the outstanding membership interests of Altony SA and South American Hedge Fund LLC, valued at $2,600,000 based on the market value of 130,000,000 shares of our common stock on March 4, 2008, that we issued to acquire these assets. The sources of funds used by the beneficial owners of Egani, Inc. to acquire control of the Company were personal funds. It is the intention of the two controlling stockholders of Egani, Inc. to designate a majority of our directors. Item 8.01 Other Events. On March 4, 2008, we acquired all of the outstanding ownership interests in Altony SA, which in turn owns all of the outstanding membership interests in South American Hedge Fund LLC, a Delaware limited liability company. South American Hedge Fund LLC is seeking investments in South America. In addition, following this acquisition, management intends that the Company continue to pursue business opportunities in the Middle East related to environmental remediation. SAHF Vancouver, B.C., Indico Resources Ltd. (“Indico”) has entered into a assignment agreement dated November 1, 2007, (the “Agreement”) for a 18% carried interest in two exploitation concessions located in Argentina (the “Concessions”), with Oxipetrol-Petroleros De Occident S.A. (“Oxipetrol”), an Argentinean company with an address of Cerrito 836, Ste, Buenos Aires, and South American Hedge Fund LLC (“SHF”), a Delaware company with an address in 2711 Centerville Road, Suite 400, Wilmington, New Castle, Delaware, 19808, for the purpose of exploring and developing hydrocarbons in exchange for the assuance of 7,000,000 Indico common shares in its capital stock payable to SHF as follows: 1) Indico will issue 1,000,000 common shares by January 1, 2008, subject to TSX Venture Exchange acceptance and 2) Indico will issue the remaining 6,000,000 common shares to SHF the earlier of: (i) all 6,000,000 common shares shall be issued in the event of a commercial oil and gas well being completed and within 60 days of notification by Oxipetrol of such commercial well completion; or (ii) 2,000,000 shares shall be issued for each $7,000,000 of oil and gas exploration expenditures incurred on the Concessions, to a maximum of 6,000,000 shares, (and if an issuance of shares is made under this subparagraph and thereafter a commercial well is drilled on the Concessions, then Indico shall only issue the balance of the 6,000,000 shares which are not yet issued). For further details on Indico, readers are referred to the Canadian regulatory filing on SEDAR. Chart 2007 Annual Report http://pinksheets.com/edgar/GetFilingHtml?FilingID=5865016 Ownership As of April 9, 2008 219,807,273 shares of Common Stock outstanding King Capital Investment Group http://kingcapital.tripod.com
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CANX News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/13/2018 09:40:08 AM
PlusOneCoin Top Posts
#1490   Exactly. There's a reason it was a ghost KickolasNage 08/17/18 03:21:27 PM
#1448   American Green is Pulling the Same Tricks KickolasNage 08/13/18 03:08:19 PM
PostSubject
#1474  Sticky Note ***APPEARS_ERBB_MAY_MERGE_WITH_LOW-FLOAT_QTC-QB_CANX_TO_BECOME_ONE_COMPANY*** Rat Fink 08/16/18 10:33:46 AM
#1252  Sticky Note History is Repeating Itself KickolasNage 07/18/18 12:03:06 PM
#1177  Sticky Note DLTZ Current Assets: Top Stock Picks 07/07/18 09:02:30 PM
#1173  Sticky Note LOOKS LIKE SEC SNIFFING AROUND DLTZ AND ERBB elback 07/07/18 06:55:44 PM
#182  Sticky Note *****AG destroys everything they put their dirty little 1vman 03/26/18 12:05:55 PM
#1492   WOW! 7 PEOPLE ENJOYING RENOVATIONS. Goodtimes93 08/17/18 05:46:18 PM
#1491   *****PLANNED NIPTON RENOVATIONS ARE_IN_PROGRESS!!!_HERE'S_A_PIC_OF_ONE Rat Fink 08/17/18 03:45:27 PM
#1490   Exactly. There's a reason it was a ghost KickolasNage 08/17/18 03:21:27 PM
#1489   *****MANY FOLKS LOVING NIPTON!! ALMOST_200_GREAT_NIPTON_REVIEWS>>>_htt Rat Fink 08/17/18 03:20:04 PM
#1488   There is a whole lot more to do KevSil 08/17/18 02:41:11 PM
#1487   Looks like this hit the ceiling, hanging around KickolasNage 08/17/18 02:24:45 PM
#1486   Are they able to overcome that little legal Goodtimes93 08/17/18 12:56:12 PM
#1485   *****BETCHA NIPTON BECOMES A_"POT TOURISM HAVEN"_LIKE_DENMARK_AND_COLORODO_EN Coppatop 08/17/18 12:30:43 PM
#1484   *****$$$ NIPTON COULD POSSIBLY BECOME A_"WOODSTOCK"-LIKE_RESORT_$$$$$!!_ENOUGH_SAID!! Rat Fink 08/17/18 10:06:24 AM
#1483   *****BETCHA NIPTON BECOMES A_"WACO"_LIKE_FORTRESS_ENOUGH_SAID!!! 1vman 08/17/18 08:33:34 AM
#1482   *****MANY NIPTON VISITORS LOVING NIPTON_RATED_4.3_STARS_OUT_OF_5_STARS!!_https: Rat Fink 08/16/18 11:59:29 PM
#1481   A claim with no validity or basis. Goodtimes93 08/16/18 11:58:39 PM
#1480   *****$$$$$ BETCHA NIPTON BECOMES A_"WOODSTOCK"-LIKE_RESORT_$$$$$!!_ENOUGH_SAI Rat Fink 08/16/18 11:54:55 PM
#1479   CBD is illegal in CA as an additive, KickolasNage 08/16/18 11:07:49 AM
#1478   *****CAN YOU SUPPLY PROOF THATS_A_CBD_POND_AS_AG_CLAIMS???_LOOKS LIKE A HOLE 1vman 08/16/18 10:54:40 AM
#1477   $2.7 million well spent. There's a pond now... KickolasNage 08/16/18 10:47:36 AM
#1476   Shell company scam KickolasNage 08/16/18 10:46:11 AM
#1475   >>>WILL FUTURE DLTZ SHAREHOLDERS_MEETINGS_BE_HELD_IN_ERBBs/DLTZs_NIPTON_CA 1vman 08/16/18 10:41:51 AM
#1474   ***APPEARS_ERBB_MAY_MERGE_WITH_LOW-FLOAT_QTC-QB_CANX_TO_BECOME_ONE_COMPANY*** Rat Fink 08/16/18 10:33:46 AM
#1473   *****100% FALSE!!!AGAIN SINCE STEPHAN SHEARIN_HAS_LEFT_ACCORDING_TO_BOOTS 1vman 08/16/18 10:07:08 AM
#1472   >>>100% FALSE NIPTON INFO! 3 PICS PROVE NIPTON_POND_HAS_BEEN_RENOVATED/CHANGED![/ Rat Fink 08/16/18 09:59:45 AM
#1471   *****WHAT???THE POND IS NOT_CURRENTLY_UNDER_RENOVATIONS_PERIOD!!! AGAIN I ASKED FOR 1vman 08/16/18 09:52:30 AM
#1470   All 7 people are enjoying the new pond. Goodtimes93 08/16/18 06:37:35 AM
#1469   100% FALSE NIPTON INFO! 3 PICS PROVE NIPTON_POND_HAS_INDEED_BEEN_RENOVATED/CHANGED! Rat Fink 08/15/18 11:59:45 PM
#1468   *****FANTASTIC!!! "CANX" UP 14% TODAY!!! PPS_RISE_CONTINUES!!! Rat Fink 08/15/18 11:59:28 PM
#1467   *****I_KEEP_HEARING_BS_NIPTON_IS_STILL BEING RENOVATED ? ACCORDING TO BOOT 1vman 08/15/18 10:30:26 PM
#1466   *****PLANNED NIPTON RENOVATIONS ARE_IN_PROGRESS!!!_POND_LOOKS_NICE!!! Rat Fink 08/15/18 09:52:40 PM
#1465   >>>VERY NICE "CANX" 14% GAIN ON GREAT_RECENT_NEWS!!! Rat Fink 08/15/18 09:32:21 PM
#1464   >>>WHAT FOLKS LOVE NIPTON ??? AGs FAMILY MEMBERS-INSIDERS 1vman 08/15/18 11:18:23 AM
#1463   >>>BETCHA IT DON'T !!!_THIS_JUNK_COULDNT_GET_4K_PEOPLE_THERE_LET_ALONE_40 1vman 08/15/18 11:16:08 AM
#1462   >>>WILL FUTURE DLTZ SHAREHOLDERS_MEETINGS_BE_HELD_IN_ERBBs/DLTZs_NIPTON_CA 1vman 08/15/18 11:13:12 AM
#1461   *****APPEARS_ERBB_MAY_MERGE_WITH_LOW-FLOAT_QTC-QB_CANX_TO_BECOME_ONE_COMPANY!!! CONNECT THE DO Rat Fink 08/15/18 10:37:22 AM
#1460   *****$$$$$ BETCHA NIPTON BECOMES A_"WOODSTOCK"-LIKE_RESORT_$$$$$!!_ENOUGH_SAID!! Rat Fink 08/15/18 10:18:44 AM
#1459   *****MANY FOLKS LOVING NIPTON!! ALMOST_200_GREAT_NIPTON_REVIEWS>>>_htt Rat Fink 08/14/18 11:58:11 PM
#1458   Delta (CannaWake) has a history of these sharp KickolasNage 08/14/18 01:11:40 PM
#1457   *****AG INSIDERS DESPERATELY TRYING_TO_SUCK_NEW_INVESTORS_HERE!!!_HOW_IN_T 1vman 08/14/18 01:08:36 PM
#1456   Too bad Nipton can't buy or sell marijuana KickolasNage 08/14/18 10:58:36 AM
#1455   Interesting... sweet talker 08/14/18 10:31:45 AM
#1454   INVESTORS LOVING NEW NAME/TICKER "CANX" CHANGE_NEWS!_UP_52%_TODAY_&_81%_FRIDAY!!![/ Rat Fink 08/13/18 11:58:42 PM
#1453   Why did Delta International Oil and Gas (now KickolasNage 08/13/18 05:07:13 PM
#1452   Agreed. Any real selling pressure will Goodtimes93 08/13/18 04:49:40 PM
#1451   +110% in 3 days. Nice scam though. Coppatop 08/13/18 04:45:55 PM
#1450   Notification of late filing issued today, of all KickolasNage 08/13/18 04:23:23 PM
#1449   If you want to see the future of KevSil 08/13/18 03:37:15 PM
#1448   American Green is Pulling the Same Tricks KickolasNage 08/13/18 03:08:19 PM
#1447   And look at the spread from ask to KevSil 08/13/18 12:16:51 PM
#1446   My guess is the buyers are insiders trying Goodtimes93 08/13/18 11:42:56 AM
#1445   If only $20k can make this stock jump KickolasNage 08/13/18 11:38:23 AM
#1444   You will be getting likes from FB instead. Goodtimes93 08/13/18 11:17:45 AM
#1443   When is that dividend? KickolasNage 08/13/18 11:16:34 AM
PostSubject