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Many Questions have been answered with tweets, have you asked for an answer yet?
No one knows if that is true or not. But if it is those shares can't be sold until after 1 full year (look up the LAW rule 144). Once that year is up they have to contact CWIR BEFORE they wish to convert to regular shares. That gives CWIR 30 days to set it up with the TA and make sure the AS is high enough for the conversion.
The sky is not falling. This is normal and regulated by laws within the SEC domain.
Nobody can answer the question about the ramp up period for MJ operations in Colorado?
H&G acquired CWIR in Jan 2014 and Pr'd they would begin to explore MJ based off affiliates request so
I assume no Colorado operations will begin until 2016 per State of Colorado MJ division rules?
Briggsy Tuesday, 04/29/14 11:52:09 AM
Re: Labradorite post# 15099
Post # of 16175
Interesting stuff on Colorado MJ (medical/retail) businesses from The State of Colorado which can be verified at this time. Just as many have said, the current sellers and growers have been doing it for MANY years on the medical side before retail became legal and they merely needed to apply for retail license under existing medical license and divide stores due to medical/retail tax complications or establish a new store. Lot's of licenses, inspections, applications, fees and time!
- During the two-year “Ramp-Up” period prior to January 1, 2016, only fully licensed Medical Marijuana (MMJ) businesses will be eligible to apply for (RMJ) licenses, and they must have been legally operating under Colorado law and applied for their Denver MMJ licenses prior to October 1, 2013.
http://www.denvergov.org/businesslicensing/DenverBusinessLicensingCenter/RetailMarijuana/tabid/445028/Default.aspx
http://www.denverpost.com/marijuana/ci_24439065/more-than-100-recreational-marijuana-shops-line-open
- Colorado has 517 medical-marijuana dispensaries, 138 medical-marijuana-infused products businesses and 736 medical-marijuana-cultivation facilities, according to the Marijuana Enforcement Division.
I guess we'll see after 2016 if this stock has a chance at being a legitimate MJ company in the next 10-yrs or not.
What's hard for potential startups is they have to secure location, re-model, submit building drawings, certifications, applications, pay fees, etc., and then wait on a lengthy CO approval process with many directions and loops dealing with many divisions in Colorado...licensing, taxation, etc.
CWIR: The point IS that Hudson/Grande used shares to finance buying. They have done this for DECADES! I'll be glad to show you the filings. AND THEY WILL DO IT WITH CWIR....
Not to mention the fact that they diluted CWIR from 2 billion shares to a MUCH higher level. Do you get that? You lost over 75% of the value of the company that you own!!!! AND ANY HOPES OF MUCH HIGHER RUNS IN SHARE PRICE WERE GREATLY REDUCED.
FROM MAY 6TH NEWS,
National acquired Anglers in January 2014 from an unaffiliated Hudson and Grande private client for $25,000, which it paid to him by issuing him 250 million restricted shares of National's common stock
NOW PUT THAT TO REST!!! GLEN
it shows us cwir is in the buyin range but those willin to sell sure have slowed down to a whole 760K sahres so far. wait till we see the ask slappers show up how thin is the ask to .004`s or .007`s
I have been waiting for this:) 500 Million shares, in total, of common stock.
I bought in at .0002 and .0003 and I'm perfectly happy with my investment with ENTI.
National Properties Trust, a Colorado corporation (US.ENTI.PK) Will now be in a position to make a real run at things.
Why I feel this way.
I have a friend that specializes in siding and window installation.
Siding , window and roofing is big big money.
A single crew of 2 people can do a job in one or two weeks depending on the size of the house.
A single job can sell for $12,000 to $50,000.
A company that has several crews and sends them state wide can bring in $200,000 to over $1,000,000 a month
before expenses.
The crews are (most of the time) subcontractors and carry their own insurance, and provide all of there own
equipment and transportation needs.
The crew can be paid as little as $2,000 to $4000 depending on the amount of siding the job takes.
Read this again.
National acquired Anglers in January 2014 from an unaffiliated Hudson and Grande private client for $25,000,
which it paid to him by issuing him 250 million restricted shares of National's common stock.
(That's not bad, considering the company issued about 15 Billion shares.)
Anglers is a fully-licensed and insured remodeling firm that is listed with the Better Contractors Bureau
and that specializes in roofing and siding installation and repairs. National's senior executive management
has been evaluating the resumes of qualified applicants for the past two months and expects to make decision as
to the individual who will become the next president of Anglers.
The other companies affiliated with National in the First Hudson and EMSR fund complex are Fuzznbuzz Brands, Inc. (US.CWIR.PK),
Hall of Fame Beverages, Inc. (US.HFBG.PK), Real American Capital Corporation (US.RLAB.PK),
Herbal Financial Solutions, Inc. (US.ONCO.PK), and First Intercity Bancsystems, a New York corporation,
in-organization.
Penny land will be here soon start packing! CWIR will be a beast!!
HOW DO YOU THINK HUDSON/GRANDE ACQUIRED CWIR...." While Mr. Brand did not receive any cash by his transfer of Central's control stock to EMS and First Hudson, Mr. Brand will receive shares in each of EMS's and First Hudson's other publicly traded companies.
HOW DO YOU THINK THEY ACQUIRED NATIONAL PROPERTIES TRUST AND ANGLERS CONSTRUCTION for the 'affiliates. THEY USED SHARES. But, seriously, if you had an extra 5 billion shares to use to finance this project would you care if you couldn't get at that 3 billion right away? But, as I said...all they need to do is exchange the shares and the person can wait to dump them if it is over the 30 days. AND HUDSON/GRANDE HAVE ALREADY DONE THIS. HOW DO YOU THINK THEY ACQUIRED NATIONAL PROPERTIES TRUST? AND ANGLERS CONSTRUCTION?
It's over Harvard .. Let it go CWIR
That is not right at all. Anyone who understands the rule 144 LAW would know better than to even suggest that. preffered shares are regulated and can not enter the float for ONE YEAR.
Yes it is a sign of things gettin Done!!!!
Filing clearly shows PREFERRED are not converable for at least 1 year. so currently they are a non-issue
If it is, otc hasn't posted that yet. Still listed as Pacific. "Something seems to be afoot", he says nervously...
imgoingfishing1: YES...that is 'authorized'. What about the 3 BILLION 'PREFERRED'. Did you see that? Please read my sticky, Hudson/Grande can use those any time that they want. They can take those 3 BILLION shares and trade them for a 'popsicle' if that is their plan. And then who ever gets those can 'dump' them on the open market and drive share price down to .0001. That's what happens in all the time in pinkys. That, my friend, is dilution. Did you read about the preferred? Check my sticky post. And it is all very clear in the filings. ALSO THEY CAN NOW START TO DILUTE WITH THOSE 5 BILION SHARES OF COMMON NOW!
could mean the TA Change is done now...
I thought that the CWIR entity doesn't actually have 5B authorized. That number is under the new entity, FuzznBuzz Brands, isn't it? Does this mean the ticker change is close, too? I don't see CWIR listed under OTC corporate actions, though.
harvard_88 OTC updated no more need for BS of 8B or 20B or 31B
Authorized Shares 5,000,000,000 a/o May 06, 2014
http://www.otcmarkets.com/stock/CWIR/profile
I'm in no way trying to drive it down? I'm asking the more experienced traders. I'm more like a weekend warrior. Didn't mean to start anything ?
Repost: All ENTI shareholders,CWIR( 'affiliate') since you got what you wanted in ENTI and feel its the better stock under H & G, we CWIR shareholders feel CWIR is a better stock to own. We are all happy now right? Everyone should be happy now. Please stop the bs on each others respected boards. Remember this is THE CWIR BOARD NOT ENTI.
AWESOME ! ! !
that is the kind of BS that is allowed per ihub rules...
CWIR: On Friday, March 28, 2014 3:29 PM, Randolph Hudson <randolphshudson@gmail.com> wrote:
"Firstly, in the case of Central, shareholders seem to have a misapprehension as to Central's authorized stock. Central NEVER HAD 20 Billion shares authorized; just two billion, which are pretty much issued. Pacific Stock Transfer is not only misinformed, they were never Central's stock transfer agent. Apparently, they succeeded Florida Atlantic Stock Transfer, which is no longer in business. I know because I have the stock transfer agency agreement between Central and Florida Atlantic in my possession.
Next, as a part of Central's restructuring, we are increasing its authorized capital to five billion shares from two billion shares. Central's restructuring is expected to be completed next week and will require action on the part of FINRA, as, among other matters, Central is requesting a new symbol.
I hope this information is useful. Thank you for your continued interest in Encounter Development Technologies Inc.
Best regards,
Randy Hudson
ec: Michael P. Grande
Is this heading for trip 0s?? Seems like it. That's spread is pretty depressing.
How high is it gonna go linkten? :)
$CWIR
NO 5 billion less, it was 10B.
CWIR: 5 BILLION (authorized shares) 3 BILLION MORE POSSIBLE(PREFERRED SHARES). And according to Hudson the shares were RAISED to that total from 2 BILLION shares. Read his email in my sticky post. And NO MENTION of the 'outstanding' or the 'float'! That seems strange. Unless he doesn't want us to know.
Yes, reduced from 10B.
:) The proceeds of the offering will be allocated, proportionately, among the participants to the offering, as such are specified in the private placement memorandum. Generally, the use of proceeds from this placement will be used (a) to complete the acquisition of certain real property in Rochester, New York for the collective use by the companies' from which to operate their businesses, (b) to acquire an existing food and beverage facility in Rochester, New York, (c) to secure a facility in Colorado to grow and package marijuana, (d) to secure the equipment necessary to grow, cultivate, and harvest marijuana, (e) to obtain the state licenses to sell and/or dispense marijuana (in those states where the legal sale is permitted, plus the licensing fees in new jurisdictions where the sale will be permitted in 2014),
(f) to purchase credit card processing equipment to supply merchants dealing in the sale and/or lawful distribution of marijuana,
(g) to purchase new ATM machines,
(h) to manufacture a suitable production run of lightly carbonated juice products for wholesale delivery,
(i) to manufacture a suitable production run of energy drinks for sale to the public, (j) to distill and manufacture a suitable production run of an alcoholic beverage product that is proprietary to one of the participating companies and being offered for sale to the public, (k) to pay for the accounting and legal costs associated with bringing all of the companies current in their filings and reports to OTC Markets Group, Inc. ("OTC"), the Financial Industry Regulatory Authority "FINRA"), (l) to pay the fees to the Securities and Exchange Commission (the "SEC"), as such are related to the registration statements expected to be filed by each company,
(m) to acquire a major interest in a small, state-chartered commercial bank (not First Intercity) for use by certain types of merchants in Colorado,
(n) to pay certain fees to the State of New York associated with the ongoing organization of First Intercity; and (o) to manufacture a suitable production run of male enhancement capsules that are presently available to the public. The actual schedule of itemized expenses under the placement is set forth in the placement memorandum.
Jan 27, 2014 http://www.otcmarkets.com/stock/ENTI/news
Good to hear. Nice and steady. CWIR
Authorized Shares 5,000,000,000 a/o May 06, 2014
http://www.otcmarkets.com/stock/CWIR/profile
@mikegrandeCWIR: Current negotiations, future joint ventures and / or acquisitions,partnerships and purchases made in This industry will all be under FnB !
Otcmarkets.com- UPDATES FILTERING DOWN . A/S changed, dates, and more.
Just out on twitter: Current negotiations, future joint ventures and / or acquisitions,partnerships and purchases made in This industry will all be under FnB !
8:22am - 8 May 14
I agree with you that it may take years for Grande/Hudson to complete their vision of an entertainment conglomerate. This is a huge undertaking, but as Mike has said and IMO patience will be rewarded. The longer that it takes the more states will pass legislation and going green.
Mike can't answer how long it will take because he doesn't control FINRA. I'm sure that he is just as anxious as we are so that he can publish the PR's and get this ball rolling.
how much such we expect before the Name/Symbol change? it sure seems that mike has been very clear n willin to answer any n all Questions, but he can only do so if asked.
CWIR: SO why is Hudson/Grande bringing in 3-4 MORE marijuana companies if that is true? I do have the direct quote if anyone wants to see it.
And just what is all of this worth.....????????????
" ASSETS(???? under ENTI), BUSINESSES(?...under ENTI), REVENUES(????), PROPRIAITARY AND INTELLECTUAL PROPERTY AND PATENTS(?), TRADEMARKS, LICENSES, AND EVERYTHING ELSE THE ENCOMPASSES OUR STRATEGY IS UNDER WILL BE UNDER FUZZ N BUZZ BRANDS, INC."
As they say: "WHERE'S THE BEEF?" Lots of 'filings' and talk of trademarks...but little else.
But, in any case, let's get this moving again. My fear is that there is no 'beef' currently. AND MAY NOT BE FOR YEARS TO COME.
Today is 1 Day Closer to Name/Symbol Change CWIR FuzznBuzz
CWIR/Fuzznbuzz Brands, Inc. 04/15/2014 CERTIFICATE
CERTIFICATE from Secretary of State of the State of Colorado.
http://www.sos.state.co.us/biz/BuildCertificate.do?masterFileId=20141225689
HERE IS THE QUOTE: "FUZZ n BUZZ BRANDS, INC-CWIR IS OUR MMJ\MJ BUSINESS AND ALL ASSETS, BUSINESSES, REVENUES, PROPRIAITARY AND INTELLECTUAL PROPERTY AND PATENTS, TRADEMARKS, LICENSES, AND EVERYTHING ELSE THE ENCOMPASSES OUR STRATEGY IS UNDER WILL BE UNDER FUZZ N BUZZ BRANDS, INC."
He didn't just SAY Trademarks: READ-->Yesterday ceo quote regarding relationship with ENTI- "THERE IS NONE. ONLY BY AFFLILIATION OF OTHER COMPANIES UNDER HUDSON AND GRANDE. CWIR IS OUR MMJ\MJ BUSINESS AND ALL ASSETS, BUSINESSes, REVENUES, PROPRIAITARY AND INTELLECTUAL PROPERTY AND PATENTS, TRADEMARKS, LICENSES, AND EVERYTHING ELSE THE ENCOMPASSES OUR STRATEGY IS UNDER WILL BE UNDER FUZZ N BUZZ BRANDS, INC. (CWIR tell changed)
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