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Now that is a little more complicated.
At the time the share price was $.50 That means the 17.5M shares were worth $8.75M for 60% so the remaining 40% was worth $5.83M that he kept for himself for a worthless company with zero assets.
It's a scam.
Where do you get 40% is that much? And where does it say $30 million in value or anything? Wtf? You’re just making this crap up?
Just go ahead and post proof. I’ll wait....
LMAO....evidently not.
Ogburn needs to retake 1st grade apparently.
I'll try again after that.
Should be easy to prove then....
100% less 60% is 40%... Math is always tough at CXBS headquarters.
Can you prove he gave himself 40%?
Come on....he formed a new worthless company and gave himself 40% of it.....that worked out to a gift of $14.6M of shareholder's money. Then He pumped it as a real ongoing Company with over $30M in assets.
Sheesh.......
Ogburn has sure found a nice new group of friends at CXBS.
Can you prove he gave himself that?
So why did Ogburn give himself $8.75M worth of shares to do it?
Building a business my ass. It's just another scam.
Ogburn seems to be building a real project I had some one go to adelente, Cali. They confirmed the location where OG group is building in Corix building. So looking like real business to me.
Other sites will just have more "personal vendettas"...from many different people who have never met Ogburn but have been scammed by him.
My recommendation for Oggy friends: Buy all that are available then buy some more.
Only shows that there is no such thing as undeniable facts. Anything can be denied.
IBRC investigated? Nope.
This is just a scam.
Also which tickers? I want to dig into those ones specifically.
So basically a personal blog from a gentlemen who seems to have some sort of interest in Ogburn and CXBS.
Anything else a bit more tangible we can go off here? Don’t meet to shit on your source, but it’s not convincing. Kind of looks like someone with a vendetta.
There are many posts on the IBRC board saying the same thing. Got that ole $13M yet?
Sure were a lot of worthless shares sold by Oggy and his friends on that one.
CXBS has always just been a scam.
Anything besides what George Sharp is saying? Google George Sharp..... LOL
Other tickers too. The Corix scam is just the latest.
http://www.clippercorporatepartners.com/2018/01/fraud-and-forgery-abound-at-corix.html
http://www.clippercorporatepartners.com/2018/02/fraud-and-forgery-abound-at-corix-part-2.html
http://www.clippercorporatepartners.com/2018/03/fraud-and-forgery-abound-at-corix-part-3.html
I’m still studying it. Learning more and evaluating. Ogburn seems to always come out on top and the only negative stuff I’ve read sounds like it’s from haters on this board.
So if anyone has anything tangible, please post. This is the forum for airing it.
He’s scammed multiple times? Can you elaborate for us new to CXBS?
Implications????
The facts are certainly serious.
Those are pretty serious implications.
"OG Group, LLC" is a newly formed WY entity by Ogburn through his shill, his nephew. It is not "registered" to work in California as stated by Ogburn.
Oggy is not above claiming 3(a)10 registration exemptions.
Aren’t those shares to OG Group shareholders restricted?
Yup...Ogburn about to dump the first of the 17.5 million shares he just gave himself.
Just the same old Ogburn scam here.
She thin - insiders loaded while people were selling
I have to agree the chart is looking like it's priming to take off. Good luck to everyone.
CXBS chart looking amazing
Bids are strong and ask is thin
You are entitled to your OPINION.
You mean imaginary facts
Facts say otherwise...
The OG Group meets when Ogburn looks in the mirror
The facts state otherwise. Do your own due dilligence. With addition of OG Group, this one is going to be special...with a fairytale ending.
Mr Bond what do you suggest we buy?
This is nothing news, the same like all the other lies this company has spewed over the years.
see:fairytale
see:lies
see:bull
see:fabrication
see:blah blah blah
That is great news. Good to see this company moving in the right direction.
IRVINE, Calif., March 20, 2018 (GLOBE 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 the relocation of OG Group personnel and equipment from Colorado to California is proceeding smoothly.
Corix CEO Michael Ogburn stated, “We are excited that an iconic industry ‘Dream Team’ will be a vital part of Corix Bioscience going forward. I am confident that our joint efforts will result in significant value creation for all of our stakeholders.”
Subject to approval of its standard operating plan by the City of Adelanto, OG Group expects to be functioning near full strength in two to three weeks.
OG Group president Tim Chan said, “In 2018, the California cannabis industry should generate over $7 billion in revenue. Cultivators and distributors know that we have an unparalleled reputation for excellence with respect to the work we do and the results we achieve. We fully expect OG Group will be the leading cannabis extractor in the state this year.”
Anthony Smith, OG Group chief operating officer, commented, “The cannabis industry has not yet seen the unique technology we will utilize at scale in our Adelanto facility. The true extent of what we can do will soon be apparent, and we look forward to a robust demand for our array of value-added services.”
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 substantial 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. We are science-based, knowledge-powered and purpose-driven. 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 lease near Genoa, Nevada. We also provide industrial hemp and cannabis extraction services in Adelanto, California. Our mission is to create superior-quality products in medical-grade facilities, better for both people and the environment. 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.
**HUGE NEWS**
The OG Group team (Chan and Smith) are leaders in the MJ Industry. Do your DD. This is great to see.
https://globenewswire.com/news-release/2018/03/20/1442778/0/en/Corix-Bioscience-Announces-Arrival-of-OG-Group-Personnel-and-Equipment-in-Adelanto-Installation-of-Custom-Made-Extraction-Systems-Underway-Operating-Team-Targets-Leadership-Role-in.html
Looks like Briggs opponent is unknown at this time. Putting fights together take time.
No date yet. I believe he is trying to get a contract to fight Tyson Fury.
When is the Briggs fight?
Shannon briggs fight should give good advertising for champ Rx and Corix.
Agreed. Keep a close eye on this one!
This company is getting ready to take off. Some more good news will set it up nicely. George sharp news is getting old. His points are too redundant.
We need some NEWS to get this one kickstarted...and I am not talking about more propoganda from George Sharp.
I have read his claims, some of which makes sense, yet he is VERY SPECULATIVE in many of the claims he makes. I guess that is what a non-attorney, wannabe attorney does. George is a scamner, and not to be trusted. IMHO.
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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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