Cannabiz Mobile Inc. (LGBI)

[securethebag]

That’s the rumor I heard

[Imarket13]

New website?

[securethebag]

New website tomorrow

[Ryguy008]

Somethings cookin up here!

[BeamMeUpScotty]

The tweet works and it says it is looking to acquire small companies in the cannabis sector including LGBI.

#CannabisNews $ISBG Regarding acquisitions. The company is looking t o acquire small companies in the cannabis sector $LGBI $CGC $CRON $ACB $GWPH $APHQF $MEDFF $EMHTF $AERO $ABBV $ACAN $ACNFF $ATTBF $AXIM $BLPG $CANN $CVSI $CARA $CBDS $CBIS $CGRW $CNAB $PKPH $CVSI $DIDG $EMMBF pic.twitter.com/tP62k8XApW

— BlockQuarry Corp (@blockquarryco) January 24, 2019

[USTRADER2019]

LGBI and ISBG on tweet

#CannabisNews $ISBG Formal Acquisition press release will be release $LGBI $CGC $CRON $ACB $GWPH $APHQF $MEDFF $EMHTF $AERO $ABBV $ACAN $ACNFF $ATTBF $AXIM $BLPG $CANN $CVSI $CARA $CBDS $CBIS $CGRW $CNAB $PKPH $CVSI $DIDG $EMMBF

— BlockQuarry Corp (@blockquarryco) January 24, 2019

[Pugsieboy]

This is not a confirmation for LGBI. Not seeing anything confirming anything in here.

[Pugsieboy]

This link does not open.

[Ryguy008]

Great stuff!!

[USTRADER2019]

The company just confirm the acquisition on Twitter

#CannabisNews $ISBG Regarding acquisitions. The company is looking t o acquire small companies in the cannabis sector $LGBI $CGC $CRON $ACB $GWPH $APHQF $MEDFF $EMHTF $AERO $ABBV $ACAN $ACNFF $ATTBF $AXIM $BLPG $CANN $CVSI $CARA $CBDS $CBIS $CGRW $CNAB $PKPH $CVSI $DIDG $EMMBF pic.twitter.com/tP62k8XApW

— BlockQuarry Corp (@blockquarryco) January 24, 2019

[$treet Trader]

where you find that? if real could be huge

[$treet Trader]

LGBI .0007 x .0008 lets see that run!!!!!!!!!!!!!!!!!!

[USTRADER2019]

Is this happening https://buycbdp19.com any info???

[$treet Trader]

LGBI .0009

[Ryguy008]

Nice action here today!

[Ryguy008]

Looks good here

[$treet Trader]

LGBI .0008

[I-Man]

Look youngsters, if there is even an iota of something here left today, they need to get it over to REFG, where a legitimate business exists, as a major event is about to happen there to a real bonifide MJ transaction processing corp...

[TAKURI]

GMA !$!$!$!$!

[TAKURI]

LGBI http://prntscr.com/m2bm7i

[TAKURI]

https://www.barchart.com/stocks/quotes/LGBI

[cashbyers]

Technical move. Price broke out above 200weekSMA Resistance @ .0007. It is now above all major long term moving averages except 50monthSMA @ around .003

Although there is no active company, the Shell is being correlated to US pot sector upside movements.

I’m long .0008 for lotto play with some good risk/reward based on technicals.

[iateone2]

What's going on with this vol today

[I-Man]

4 million shares today and 4 places to right of decimal !!! WTF>>??

[I-Man]

You can have all my shares. Just pay me what I paid for them, ok? LOL

[I-Man]

CapsMkts1, I go back personally over 10 years with this stock and how it came to be, its incarnations, from stealing former RBRM ticker then re-selling it to S.A. alluvial Gold Mining Operation under LGBI by Esposito & gang so the S'A gold Miner CEO could retire, then re-incarnate it still again as LGBT we see today...... Wash, Rinse, Repeat several times here...

[I-Man]

2.7 million share volume Friday of WHAT ????

[I-Man]

Yes sadly, I just received big e-mail this morning regarding this and SEC $1.1 Million fines imposed in April against Esposito and how he lost his house and in an apartment running scared...

I now wonder if former RBRM CEO (Dr. Phillips) whome Esposito met with and took that ticker control and then changed it to LGBI with that South American alluvial gold mining CEO (Angell?), and then changed it to today's LGBI MJ play have any legal liability to all of this crap after so many years ???!!!

[elkonig]

More from the SEC today about the gangsters involved in LGBI. Dollars for donuts an SEC suspension and revocation order will follow shortly.

[I-Man]

It's micro pennies.... Should be called LGBT

[WallStreetMyWay]

Goings holding wells everyone a likings there accounts going greens. Nice pop lets keeps goings. Anyone notice people are holdings nice bids today.

[WallStreetMyWay]

Again Ill gladly buy more shares to the growth an help them builds it.

[CapMkts1]

I came across this company and when doing my DD i found the below article:


https://digboston.com/cannafraud-this-busted-mass-marijuana-startup-was-so-ridiculous-its-like-the-defendants-were-trolling-investors/

[I-Man]

??? 6 ten thousandths of a dollar right now !!! WTF. Who is even trading this? Commissions cost way more than stock cost... I never seen so many decimals to right of a number like this...

[I-Man]

PJ Patel, there is NOTHING here. No company. You would be better putting $$$ into REFG, at east they have real banking payment processing platform for the MJ industry, etc... This ticker and stock is nonexistent and was a conjob MJ pay a few years back on the public, and end result of massive fraud on investors going back several years and previous incarnations. I was one of the victims... This was a former Brazilian alluvial gold mine scheme (LGBI) after it was RBRM medical device manufacturer out of West Va. prior to that...

[I-Man]

Yes Slick_ I helped put him in jail the MOFO he was. I deat with SEC investigators and even FBI crime lab too. Former Bear Stearns VP (Esposito) out of Boston area pulled big financial fraud with some friends on this, back when its ticker was RBRM..

I still have pretty wallpaper that used to be millions of shares of RBRM years ago...

[I-Man]

WTF going on here? Whose trading this? 10's of millions of shares yet so many decimals east of 1 cent hard to fathom.. Kinda like bitcoin or something... LOL

[wabadon]

Hey i-man

[BagHolder777]

Go time

[MannyFresh]

Going to pennies!!!!

[slickinvest]

Fraud charges https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133728811

[slickinvest]

I think the SEC charged the CEO with fraud!

[dmcc2087]

whos the idiot that bought this scam today

[PJ Patel]

Just joined this money train!

[PJ Patel]

I’m wondering the same thing. No news and it went up 0.0007 just today. I know there is a Mary j hype but even the volume is small.

[Zardiw]

104 Trades....question is why.........et z

[BagHolder777]

Yay money

[WallStreetMyWay]

Adding nice postioings for MJ cabalisms.

[imgoingfishing1]

LGBI Chart bid.0002/7M /// ask.0003/275K   

[tk5010]

Last news release:

U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 23545 / May 26, 2016
Securities and Exchange Commission v. Christopher R. Esposito, et al., Civil Action No. 16-CV-10960 (D. Mass. filed May 26, 2016)
SEC Announces Charges in Fraudulent Scheme Involving Stock of Medical Marijuana Industry Company

The Securities and Exchange Commission today announced charges against four individuals and two companies for their roles in conducting a scheme to defraud investors by misappropriating investors funds and by concealing the ownership and control of a publicly-traded company in order to enrich themselves by colluding in the sale of hundreds of millions of shares into the public market, in violation of SEC statutes and regulations.

In a complaint filed in federal court in Boston, Massachusetts, the SEC alleges that Christopher R. Esposito, of Topsfield, Massachusetts, accomplished the first phase of his fraudulent scheme by raising more than $550,000 from investors between June 2011 and June 2012 in an unregistered offering of securities in his company Lionshare Ventures LLC, spending almost $300,000 of Lionshare investor funds for unauthorized personal expenses, and using $75,000 of Lionshare investor funds to acquire control of a Massachusetts-based publicly-traded company, Cannabiz Mobile, Inc., by purchasing all of its convertible debt. Cannabiz initially claimed to be in the business of mineral exploration and later claimed to be in the business of servicing businesses in the medical marijuana industry.

According to the complaint, in the second phase of his fraudulent scheme, between May 2012 and August 2015, Esposito, with Anthony Jay Pignatello of Manhattan Beach, California, next concealed his de facto control of Cannabiz and a large percentage of Cannabiz's securities in order to profit by evading SEC Rule 144, which limits securities sales by affiliates, such as control persons. Esposito did this by, among other things, installing James Gondolfe of Cambridge, Massachusetts, as the sole officer and director of Cannabiz--even though Esposito secretly controlled the company-to make false statements in Cannabiz's public filings and other documents, paying third-party stock promoters to tout Cannabiz stock in order to increase its stock price and trading volume, selling significant amounts of Cannabiz convertible debt to others for almost $304,000, and with Pignatello and Renee Galizio of Loxahatchee, Florida, selling millions of shares of Cannabiz stock directly into the public market.

Read on:

http://www.otcmarkets.com/stock/LGBI/news/SEC-Litigation-Release?id=149710&b=y