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14:00 2/17/2012 MASP MASS Petroleum Inc. Common Stock MASPD MASS Petroleum Inc. (NEW) Common Stock 1-1,000 R/S **
http://www.otcbb.com/asp/dailylist_detail.asp?d=02/16/2012&mkt_ctg=ALL
so why is it up today?
This stock is in a coma, the kind you don't wake up from. Unless somebody wants to buy the shell and clean it up, this has no value. All the money got skimmed out of the treasury years ago. Nobody in their right mind is going to invest in this.
I can't believe that Jordan Shapiro is still listed as being on the management team. I wouldn't think there is enough meat left on the carcass to interest even him.
come on management do something!! if you get it wrong which you probably will, we can deal with it!!geez
bill and i are still waiting for the axe to fall...glta
ideally a r/s isnt really that bad. it can be a positive but...rarely does it pan out at the end of the day the investors get the shaft. hopefully this will go well. that being said it is ultimately up to management to look forward and get some production going and generate revenues. my message would be to do what have tried to do with my company for 25 years, quit playing mind games get up off your a$$ and quit whinning and generate some revenues. the sky is the limit i this particular market...
--tom tichner
rereading filing his 1,000,000 Pref Class A has 1000x voting power, so I assume also 1000x convertible to commons, that way the math makes sence, I really dont think you are going to see the typical R/S dump that is so common in pinkyland. right now we would open at .90 (.0009 x1000) why not tap the ask .0014 and bring it to $1.40 we shall all see how this plays out. Alot of trading houses are shying away from sub .10 stocks so this could be a good thing. IMHO December 6, 2011, the Company received written consents in lieu of a meeting of Stockholders from one holder who holds 1,000,000 shares of Series A Preferred Stock and 46,571,800 shares of Common Stock representing approximately 90.6% of the our total 1,155,748,000 issued and outstanding shares of voting stock of the Company (the “ Majority Stockholder ” ) to increase the number of authorized shares of common stock we may issue from 160,000,000 to 1,000,000,000 (the “ Share Increase ” ) and to affect a 1 for 1,000 reverse split on the Company ’ s outstanding common stock.
the fact that this didnt go to .0001 should make this an interesting play once we get updated
Still holding I think R/S is a bluff.
NITE buying up everything watch them cancel the R/S
wow this thing crashed HARD, I noticed a bold post it note here back in November that says BIG INSIDER BUYING....it crashed AFTER that...does not make sense to me
why didnt they just ask me for a donation instead of robbing me... glta
MASP .0012s falling EOY run comming
MASP some ask smack .001s even now
Any good news and we could see .005 very quickly. Holding mine anyway.
MASP huge bid support looks like those that want to hold are staying put not being enticed by small bid whacks
What a piece of garbage stock and company. Yep, keep buying. LOL
up %27 on low volume MASP is a fighter
Massive selling going on. Will go way under .001 if reverse officially announced. May go there anyway. It's obvious.
just ur opinion like i said wont make or break and refuse to sell down here so Ill play it out
This is toast. Love the BS explanation of the reverse in the Edgar filing.
1 for 1000 reverse splits never work. Ever! 1 to 10 or below do at times. Pathetic MASP has not responded. The bottom line is whether they do this or not they want to do it. Reverses on 150 million commons are very rare and disgusting. No real regard for shareholders. All their preferred shares will not get touched in a reverse. They want to dilute to 1 billion as well. Why raise the authorized if they reverse to 155,000 shares? If they announce officially the reverse it the price will plummet under .001.
The amount of postings on Ihub has signifgantly decreased on everyone of my stocks, as the number of trades has slowed to a snails pace of the 30 stocks I hold 23 have 0 trades. If the intent is to R/S to get above .10 and move to higher ground as far as investors go might not be a bad plan, will continue to hold as my position wont make or break me one way or another, GLTA on bring on some NEWS/UPDATES MASP
Looks like you have alot to learn in this market.
The company needs to immediately put out a PR and clear this up. It is obvious by the Edgar file they wanted to do this. Very sneaky. A 1 for 1000 on a 155 million share stock? Their explanation in the Edgar filing is ludicrous. As I said their preferred shares don't get reversed. I won't be buying anymore of this stock. Highly unethical what they did or intended to do with this filing.
.0013s .0015s now gone bid moving up looks like others calling BS on this R/S a Pre 14c does NOT require the co. to do it, its only an announcement of future plans
Yes it appears they screwed us. The officers/managements preferred shares do not get reversed in a reverse split. Only the common. That's our shares. Management keep all their shares intact. Do the DD. The Edgar filing is there as well. Imagine reversing only 155 million shares to 155,000 and then authorizing the common to a billion as well. This is probably the worse reverse split I have ever seen. There was no need for one. Management keeps everything at the shareholder's expense.
U RIGHT IT DOESN'T MAKE SENSE
Weird. They have screwed us. How can this be a bluff if there is an official Edgar filing that someone posted earlier? So they are going to reverse split from 155 million shares 1 for a thousand to 155,000 and at the same time raise the authorized to one billion? Makes no sense but the filing is there. Has anyone called the company. I don't think preferred shares get reversed as well, only the common. They have really screwed us. Read this all.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8278949
That's why i'm calling a BLUFF...
Would YOU R/S many millions of shares that you own???? Think about it..jmo
Insiders own MILLIONS here
CEO owns more millions than anyone does it make sence for him to announce R/S suckup the rest cheap, in Pinkyland anything is possible
THAT'S DOESN'T MAKE SENSE WHAT u said why would someone do that
MASP now that someone else said it was thinking same thing no R/S gonna happen and willing to risk what I have here shouldve flipped and doubled up thou
Trying to get some cash and double my position, i think this is a BLUFF
Yeah I agree doesnt make any sense at all. Im holding mine too.. Hoping for the best...
Insiders own how many shares already????? they wouldn't R/S JMO Think about it....
Sense is company is going to load before big news and cancel R/S imo.. R/S makes no sense here but my first statement does, JMO
Possible R/S looms to drop PPS and let insiders load shares, jmo
.0011 x.0015 whats going on here...
MASP looks like we found some support gonna hold what i have see if they can give us somekind of PR as to plans
So reverse split or not? Or just BS? Provide a link please. Anyone. This one supposedly did not have that many shares.
I see your link in the post after mine Thought they only had around 160 million shares. How do you do a i for 1,000 reverse? That leave 160,000 shares. Even if they went to billion shares they are asking to authorize a i for 1,000 would still leave only 1 million shares. What is going on?
MASP hits oil http://www.buythecase.net/brand/Vaseline/ FnA-holes
Courtesy of Wayno LOL
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Chuma is a public company quoted on the OTCBB as CHUM. Chuma and our wholly-owned subsidiaries provide turnkey support solutions to the rapidly evolving and growing legal cannabis industry. We provide “seed to sale” key business services including:
- Funding & Financing Solutions
- Compliance Solutions
- Retail, Collective and Dispensary Solutions
- Commercial Build Out and Equipment Solutions
- Supply Chain Solutions
- Branding, Marketing and Sales Solutions
- Banking and Payment Processing Solutions
- Research and Development Solutions
- Consumer Product Solutions
To be the premier financing and turnkey support services company specializing in the legal cannabis industry in the U.S. Our goal is to build an array of turnkey solutions to open model dispensaries, production facilities, and product companies operating as community stewards for good business practice.
Our vision is to develop a more professional ecosystem within the cannabis industry, creating a better work environment for our clients, as well as creating improved patient experiences, and a clear choice for investors in the sector.
Chuma was incorporated in the State of Nevada on February 14, 2006, under the name of XTOL Energy Inc. We operated under several different names until March 20, 2014, when our Board of Directors approved an Agreement and Plan of Merger to merge with our wholly-owned subsidiary CannaMed Corporation, a Nevada corporation, to effect a name change to CannaMed Corporation. CannaMed remained the surviving company, and the name change became effective on April 7, 2014 and the symbol for the quotation of our common stock on the Over the Counter Bulletin Board became “MDMJ.OB”. Due to a potential trademark conflict with a non-related company operating under “Cannamed” in California, we effected a subsequent and final name change on August 29, 2014, to be known as Chuma Holdings, Inc. and the symbol for the quotation of our common stock on the Over the Counter Bulletin Board became “CHUM.OB”. Only the Company’s name was changed in the Articles of Incorporation. The new CUSIP number is 171326101.
1849 Holdings, Inc., a California corporation, is a wholly-owned subsidiary of Chuma. 1849, offers turnkey support services for the legal cannabis industry. Cal-Westridge Corporation is a wholly-owned subsidiary of 1849 Holdings, Inc. Accordingly; Cal-Westridge is an indirect, wholly-owned subsidiary of Chuma. Cal-Westridge is a financing, real estate and equipment lender focused on servicing compliant participants in the legal cannabis industry in California.
Chuma‘s team has a deep and rich history of successfully working in California’s legal cannabis market. Over the last seven years, our team has worked with more than 500 dispensaries and production facilities to help our clients grow their business and operate in compliance of the constantly changing guidelines and laws. Chuma’s executive management team is responsible for establishing the strategic policy for the company with the committed goal of increasing shareholder value, and conducting our business true to our core values of compliance, ethics, and teamwork.
Our experienced management team has a combined thirty-five years of successful experience in the legal cannabis industry in California, and we are currently generating revenue from existing financing and service solutions. Chuma is expanding throughout California and bringing its array of services to each new state that legalizes the use of cannabis.
Mr. Shapiro has over 18 years of experience in the financial services industry. He spent six years serving clients in Canada and the United States as an Investment Advisor at Canaccord Capital Corporation, Canada’s largest independent securities dealer. Mr. Shapiro specialized in venture capital financing and derivatives trading. Since 2002, Mr. Shapiro has assisted companies in areas of corporate finance and business development. Mr. Shapiro is a CEO and Director of several TSX-V companies and has a very successful track record raising capital internationally. Mr. Shapiro holds a Bachelor of Arts degree from the University of Western Ontario.
Mr. Wright is a highly experienced senior business executive, whose 20 year career includes serving in a variety of senior executive and directorship positions, most recently as a director of a private marketing and advertising company. Over the course of his career, Mr. Wright has been an award-winning director for multi-national marketing and advertising companies. Mr. Wright has worked for businesses in Canada, the US, and the UK. He has been instrumental in formulating successful marketing strategies for clients such as Vonage, IBM, Akzo Nobel, Rogers, and Molson’s, to name a few. He has appeared on TV and lectured at universities on the subjects of marketing and business strategy. Mr. Wright is a graduate of Queens University, a former diver in the Canadian Navy and a member of the Professional Engineers of Ontario.
Mr. Shively has over 26 years’ experience in corporate accountability and fiscal management with public and private companies. Over the past 26 years, he has served on the board of over a dozen non-profit and for profit entities and been involved in helping over 500 medical marijuana collectives develop their business entities. Quite frequently the “Who’s Who” of Los Angeles medical marijuana attorneys turn to Paul for case preparation. Paul earned dual Doctorates in Education and Corporate law and is a recognized Expert Witness in the Los Angeles Superior Court system and guest instructor in area universities as an expert in Corporate Code. During the course of his career, Mr. Shively has developed vast experience in taxation, nonprofit strategies, trademarks, corporate compliance and business acquisitions. Since 1996, Paul has founded and sold several companies to larger competitors. Selected transactions include: Pizza Bakers, Bankcard Service Center and Epayroll Network. Paul has served multiple terms as a Council Member for Neighborhood Councils in the City of Los Angeles and as a member of the Board of Directors of Woodland Hills Tarzana Chamber of Commerce, and as an Advisor to a State Assembly Task Force for Disaster Preparedness. Paul received a Commendation from the California Governor’s Office in 2004, and multiple commendations from the California State Assembly as well as the City and County of Los Angeles over the years.
Ms. Agnihotri has a background in Natural Sciences and a degree in Economics from Rutgers University. She began her professional career in Private Wealth Management for an ultra-high net worth boutique called Graystone, wholly owned by Morgan Stanley. In 2004 she began a private consulting business to develop startup ventures across various sectors. Over the last 10 years Ms. Agnihotri has created a very resourceful global network, having assisted many key personalities with various projects and companies globally. Amongst her other duties and responsibilities, Ms. Agnihotri is leading the Company’s banking and payment processing solutions, science initiatives and science community relations, and assisting our financing and fundraising efforts.
Chuma Holdings, Inc.
350 North Glendale Avenue
Suite B #212
Glendale, CA 91206
United States
Phone: 702-751-8455
Investor Info: investors@chuma.us
Website: http://chuma.us
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