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It's really pretty simple. Ogburn, and anything he is affiliated with, is a scam.
OG GROUP partnership with CXBS creates a WINNING formula.
Irvine, CA -- March 8, 2018 -- InvestorsHub NewsWire -- Corix Bioscience Inc. (OTCQB: CXBS), an emerging developer of proprietary cannabis and industrial hemp strains earmarked specifically for use in important healthcare applications, today announced that it has executed a definitive agreement to acquire a 60% interest in OG Group LLC, positioning Corix to play a leading role in the California cannabis market.
Corix CEO Michael Ogburn commented, “We are pleased to team up with the highly-regarded industry leaders at OG Group. This acquisition allows us to put licenses Corix already owns to significant use. OG Group will be utilizing more than $5 million worth of specialty processing equipment to service customer orders. Together we expect to positively impact the entire ecosystem of this business.”
OG Group is purchasing a principal operations facility in Adelanto, California. The building has 1,800 square feet immediately available for processing activities, with substantial room for enlarging to meet customer needs. The real estate also includes ~44,000 square feet that could be used for future cultivation. OG Group is funding all of the purchase and start-up costs of the Adelanto facility and real estate.
CEO Ogburn noted, “The legalization of medicinal and adult-use cannabis in California this year, paired with the cannabis licenses (cultivation, processing and distribution) that Corix holds in Adelanto, makes this acquisition particularly fortuitous and timely. In the context of a current highly-fragmented California market, the acquisition of OG Group could, within a short period of time, result in Corix being the leading cannabis extractor in the state.”
The all-stock acquisition of 60% of OG Group calls for 17,500,000 Corix common shares to be issued to the OG Group shareholders; with 5,000,000 shares issued upon closing the transaction, and 2,500,000 shares to be issued on each subsequent purchase anniversary for five years thereafter.
Further details of the acquisition will be contained in an 8-K filing with the SEC.
About OG Group
OG Group LLC was recently established by several experienced industry leaders who have revolutionized the cannabis distillery and refinery space. Their background in modern technology and molecular science has allowed them to serially invent ground-breaking products that dominate the market.
One recent innovation that has already generated enormous demand is a service designed to assist cultivators in adapting to the regulation changes in California. To protect consumers, the state has toughened its regulations on residual pesticide levels in cannabis. OG Group has developed a unique molecular procedure that removes the residual pesticides, allowing cultivators’ products to be compliant once again, and also safer for their customers.
Utilizing science and technology, OG Group has become a leading innovator in the cannabis industry, achieving levels of quality that have redefined the standards for cannabis-related products.
Why don't you send him an email and ask him.
I have.... that’s why I’m saying that. It would be very interesting if what George says turns out to be a lie. It could also be interesting to see how people that joined his bandwagon and repeated those claims respond. I’m also reading how George is an advocate for the shareholder. If that’s true, why is our names not next to his in the complaint???
Maybe you should.
Just asking. I don’t know if I would go around repeating what George Sharp says. Maybe you should do a little dd on Sharp?
Do you have any DD that refutes what George Sharp said? I double checked his claims (except Kamil being a nephew because I don't care) and they are dead on. OG Group (OG for Ogburn?) shares an address and a lawyer and was suddenly supposed to worth $7 million in Corix stock 2 months after it was born. Sure.
Like I said, if you don't see it or you are incapable of seeing it. Either way, I don't care.
So what your saying is; you don’t do your own DD, only rely on what “George Sharp” says? How do you pick your stocks?
Read the article. If you don't get it, then read the article again. Keep reading it until you get it. If you don't get it after 300 tries, then you either don't want to get it, or you are incapable of getting it.
http://www.clippercorporatepartners.com/2018/03/fraud-and-forgery-abound-at-corix-part-3.html
Curious how you know this?
What is the difference whether Kamil is his nephew or not? And how would you know.
The fact is that Ogburn still acquired nothing but himself.
George Sharp claims:
OG Group's organizer is Kamil Ozgur Ergul, a UCLA student as recently as 2 years ago and maybe still. He is Michael Ogburn's nephew.
What a joke. Oggys nephew?! Has he been trolling Ancestry.com lately.
Great DD George.
George is a scamner.
It's already been played out. Ogburn acquired himself.
http://www.clippercorporatepartners.com/2018/03/fraud-and-forgery-abound-at-corix-part-3.html
INTERESTING TO SEE HOW THIS PLAYS OUT...
Corix Bioscience Inc. Announces Its Strategic Entry into California Cannabis MarketSource: InvestorsHub NewsWire
Irvine, CA -- March 8, 2018 -- InvestorsHub NewsWire -- Corix Bioscience Inc. (OTCQB: CXBS), an emerging developer of proprietary cannabis and industrial hemp strains earmarked specifically for use in important healthcare applications, today announced that it has executed a definitive agreement to acquire a 60% interest in OG Group LLC, positioning Corix to play a leading role in the California cannabis market.
Corix CEO Michael Ogburn commented, “We are pleased to team up with the highly-regarded industry leaders at OG Group. This acquisition allows us to put licenses Corix already owns to significant use. OG Group will be utilizing more than $5 million worth of specialty processing equipment to service customer orders. Together we expect to positively impact the entire ecosystem of this business.”
OG Group is purchasing a principal operations facility in Adelanto, California. The building has 1,800 square feet immediately available for processing activities, with substantial room for enlarging to meet customer needs. The real estate also includes ~44,000 square feet that could be used for future cultivation. OG Group is funding all of the purchase and start-up costs of the Adelanto facility and real estate.
CEO Ogburn noted, “The legalization of medicinal and adult-use cannabis in California this year, paired with the cannabis licenses (cultivation, processing and distribution) that Corix holds in Adelanto, makes this acquisition particularly fortuitous and timely. In the context of a current highly-fragmented California market, the acquisition of OG Group could, within a short period of time, result in Corix being the leading cannabis extractor in the state.”
The all-stock acquisition of 60% of OG Group calls for 17,500,000 Corix common shares to be issued to the OG Group shareholders; with 5,000,000 shares issued upon closing the transaction, and 2,500,000 shares to be issued on each subsequent purchase anniversary for five years thereafter.
Further details of the acquisition will be contained in an 8-K filing with the SEC.
About OG Group
OG Group LLC was recently established by several experienced industry leaders who have revolutionized the cannabis distillery and refinery space. Their background in modern technology and molecular science has allowed them to serially invent ground-breaking products that dominate the market.
One recent innovation that has already generated enormous demand is a service designed to assist cultivators in adapting to the regulation changes in California. To protect consumers, the state has toughened its regulations on residual pesticide levels in cannabis. OG Group has developed a unique molecular procedure that removes the residual pesticides, allowing cultivators’ products to be compliant once again, and also safer for their customers.
Utilizing science and technology, OG Group has become a leading innovator in the cannabis industry, achieving levels of quality that have redefined the standards for cannabis-related products.
Donald Trump who do you think!!
A couple of conversations with whom? Michael or George?
Oh geez... I've had a couple of conversations with him and I don't think he's lilly white clean!
Well everyone does appreciate your dedication.
I know. It is just what is officially published by FINRA.
This is a scam by professional scammers.
Yet George seems to find the scams. Funny coincidence?
CXBS is just another in a long line of Ogburn scams.
The 961 is not accurate
Reported Short position is 961. That's Nine Hundred sixty one.
Whenever the "shorting" crap comes out of these CEOs like Ogburn, things are getting desperate.
George is out for his own gain just like Every other investor that puts money in. So when investing in these companies do your due diligence and invest with care.
Cxbs looking good. Who ever is shorting it will cover soon. I'm sure its just a market maker.
Kinda like 90% of the lawyers out there, George is doing a service in the same manner.
Ogburn is a scammer and George is going after him.
Great.
Ask is thin - MM want in :)
George Sharp is not credible. He brings lawsuits against companies in hopes of retaining a large settlement from them.
He has got quite the scam going.
Right. As George said in his article, you want us to believe that everybody is lying but Michael.
I don't see that claim from Friday! Just somebody saying 80% were sells and the others don't know about George!
Pretty silly claim and complete NONSENSE!
This thread was started with the claim that there were all buys at the bid last Friday....
And that is very funny.
CXBS is a scam
Who said that? More BS!
Just sayin....A company that trades in all buys at the bid and all buys at the ask doesn't have any sells.......and I think that is absolutely funny.
CXBS is a serial scam.
Who said that? If it's all selling at the bid and offer than why aren't we at in trips?
Fuzzy Logic!!
Simple: If it is buying at the bid and buying at the ask, there must not be any selling.
LMAO at these scams.
What the hell does that mean? Plenty of selling today and big bids scooping it up!
Imagine.... and with no one selling!
Funny stuff here at the CXBS scam.
That's some fuzzy math! Buying on the bid is still buying!!
Regardless, that is a lot of volume.
Did some DD on George, he is a real piece of work! Managed a pump n dump scam, now he brings lawsuits to coerce payoffs from pinkies.
George is a scam artist.
That is the scam HERE.
So, who are the suckers; the sellers or the buyers?
Yup. 80% were sales and the other 20% didn't know about the article.
Another big volume day, sans george sharp atricle.
and today's "development" was more fraud
"Fraud" is not a "bad move".
The company looks to be moving forward as planned. I think the press release today was positive. Hopefully they can over come the bad moves from before that you guys keep mentioning.
I'm surprised George didn't mention the IBRC scam any more than he did. There are so many obvious scams committed by Ogburn there. Now he is buying his own worthless company from himself with CXBS shares and diluting the current shareholders to do it?
As far as I am concerned it is theft.
And I appreciate the disclosure from Oggy in the PR that this was a company of his.
this guy is a scam artist do not invest
Irvine, CA -- March 8, 2018 -- InvestorsHub NewsWire -- Corix Bioscience Inc. (OTCQB: CXBS), an emerging developer of proprietary cannabis and industrial hemp strains earmarked specifically for use in important healthcare applications, today announced that it has executed a definitive agreement to acquire a 60% interest in OG Group LLC, positioning Corix to play a leading role in the California cannabis market.
Corix CEO Michael Ogburn commented, “We are pleased to team up with the highly-regarded industry leaders at OG Group. This acquisition allows us to put licenses Corix already owns to significant use. OG Group will be utilizing more than $5 million worth of specialty processing equipment to service customer orders. Together we expect to positively impact the entire ecosystem of this business.”
OG Group is purchasing a principal operations facility in Adelanto, California. The building has 1,800 square feet immediately available for processing activities, with substantial room for enlarging to meet customer needs. The real estate also includes ~44,000 square feet that could be used for future cultivation. OG Group is funding all of the purchase and start-up costs of the Adelanto facility and real estate.
CEO Ogburn noted, “The legalization of medicinal and adult-use cannabis in California this year, paired with the cannabis licenses (cultivation, processing and distribution) that Corix holds in Adelanto, makes this acquisition particularly fortuitous and timely. In the context of a current highly-fragmented California market, the acquisition of OG Group could, within a short period of time, result in Corix being the leading cannabis extractor in the state.”
The all-stock acquisition of 60% of OG Group calls for 17,500,000 Corix common shares to be issued to the OG Group shareholders; with 5,000,000 shares issued upon closing the transaction, and 2,500,000 shares to be issued on each subsequent purchase anniversary for five years thereafter.
Further details of the acquisition will be contained in an 8-K filing with the SEC.
About OG Group
OG Group LLC was recently established by several experienced industry leaders who have revolutionized the cannabis distillery and refinery space. Their background in modern technology and molecular science has allowed them to serially invent ground-breaking products that dominate the market.
One recent innovation that has already generated enormous demand is a service designed to assist cultivators in adapting to the regulation changes in California. To protect consumers, the state has toughened its regulations on residual pesticide levels in cannabis. OG Group has developed a unique molecular procedure that removes the residual pesticides, allowing cultivators’ products to be compliant once again, and also safer for their customers.
Utilizing science and technology, OG Group has become a leading innovator in the cannabis industry, achieving levels of quality that have redefined the standards for cannabis-related products.
About Corix
Corix Bioscience Inc. develops proprietary cannabis and industrial hemp strains using tissue cell cultures to propagate living plants that are free of any pathogen or disease. We grow these plants to maturity and extract the oils, which are the “medicine” part of the plants. Our market focus is on healthcare and we expect to release our initial brand-name products for distribution in the first half of this year.
Our principal executive offices are in Irvine, California. We grow industrial hemp on land we leased near Genoa, Nevada. We are purpose-driven. Our mission is to create superior-quality products in medical-grade facilities, better for both people and the environment. For more information, we invite you to visit us on the Web at www.corixbioscience.com.
Cautionary Note Regarding Forward-Looking Statements
Certain of the statements in this news release that are not statements of historical fact, including, but not limited to, those identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, and including statements related to expected market trends and the future business and financial performance of Corix Bioscience Inc., are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties.
Prospective investors are cautioned not to place undue reliance on any forward-looking statements. Statements made regarding the intent, belief or current expectations of Corix are based on assumptions that Corix management believes are reasonable in light of information available on the date hereof, but they are not guarantees of future performance and are subject to a wide range of known and unknown risks, uncertainties and other factors identified in periodic filings made by Corix with the Securities and Exchange Commission.
Actual future results may differ materially from those indicated by present forward-looking statements. Corix Bioscience Inc. disclaims any obligation to update or revise this news release to reflect any change in the company's expectations or any change in events or circumstances after the date hereof, except as required by law.
Company Contacts Media: Michael Ogburn,CEO Corix Bioscience Inc.(603) 551-5808 info@CorixBioscience.com Investor Relations: Tim Rieu,CEO Chesapeake Group, Inc.(410) 825-2930 info@chesapeakegp.com
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Contact Info
AFFINITY MEDIAWORKS CORP
48 Wall Street
New York, NY 10005
Website: http://www.affinitym.com
Phone: 800-657-0924
Email: info@affinitym.com
Affinity Mediaworks Corp.
Affinity Mediaworks Corp. (AFFW), soon to be Affinity Medical Corp. is to provide access to alternative treatments through its future chain of Treatment Centers, partner-clinics and accredited practitioners. We intend to establish and increase our market share and expand our sales efforts through this strategy. Our selected products have a proven track record for helping patients with cancer, diabetes and rheumatoid arthritis. Our Company is positioned to become the major distributor for these treatments and product protocols exclusively available to patients through accredited and affiliated hospitals, clinics and practitioners.
Estimated Market Cap:
$45,168,060 as of May 12, 2009
Outstanding Shares:
110,166,000 as of Jan 30, 2009
Authorized Shares:
200,000,000 as of Jan 7, 2009
Number of Share Holders of Record:
51 as of April 30, 2009
Float:
4,100,000
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