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CannAwake Corporation (CANX)

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Last Post: 5/20/2019 11:12:11 PM - Followers: 13 - Board type: Free - Posts Today: 0

Moderator's Disclaimer - This board is for Delta Mutual discussion purposes only and in no way a recommendation to invest or not in this stock. Any investment decisions should be based on your own due diligence and decision. You are solely responsible for your choices to buy or sell. This is a disclaimer and in no way holds the moderators legally liable for your investments. BUYER BEWARE! Address 111 North Branch Street Sellersville, PA 18960 Leadership Peter F. Russo President & CEO Contact Phone: 215-258-2800 Profile Delta Mutual, Inc., through its subsidiaries and joint venture interests, provides environmental and construction technologies and services in the United States, Puerto Rico, the Far East, and the Middle East. The company’s joint venture subsidiary, Delta-Envirotech, Inc., provides environmental technology services for certain business sectors located in the Far East and the Middle East. Delta-Envirotech has a joint venture with PT. Triyudha-Envirotech to process oil sludge for separation and recovery with equipment manufactured in Indonesia. It also has a strategic alliance with ZAFF International, Ltd., a technology company, to jointly pursue projects related to soil and water reclamation in the Middle East. Further, Delta Mutual has majority owned joint ventures to manage the construction and related activities required to build low-income homes in Puerto Rico. The company was founded in 1999 and is based in Sellersville, Pennsylvania. Update Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) Effective January 28, 2008, the Registrant’s Board of Directors appointed James L. Weintraub, Esquire as a director to fill a vacancy on the Board. Mr. Weintraub, 46, is currently a practicing attorney concentrating on corporate and commercial law matters. His offices are located in Ft. Lauderdale, Florida. Since 1998, he has served as General Counsel, Secretary and Board Member of e-lysium Transaction Systems, Inc. and is one of the founders of this software development company. He served as General Counsel for Flick Mortgage Investors, Inc. from April 2004 to August 2004; General Counsel/Secretary for ITELSA, Inc. from July 1998 through 2003; and consultant and Board Member for Gulfside-Dadeland, Ltd. from September 2002 to April 2003. Mr. Weintraub was a partner in Weintraub, Weintraub, Seiden and Orshan from 1988 to 1998. He was a Florida Supreme Court Certified Mediator from 1996 to 2002. Mr. Weintraub received a J.D. degree (1988) and a B.B.A. in finance (1985) from the University of Miami, Florida. The Company does not compensate directors in their capacity as such nor does it compensate directors for attendance at meetings. The Company does reimburse directors for reasonable expenses incurred in the performance of their duties. Change of control Item 1.01. Entry into a Material Definitive Agreement. Effective March 4, 2008, Delta Mutual, Inc. (the “Company”, “we” or “us”) entered into a Membership Interest Purchase Agreement (the “Agreement”) with Egani, Inc., an Arizona corporation, (“Egani”), providing for the acquisition by the Company from Egani 100% of the issued and outstanding membership interests held by it in Altony SA, an Uruguay Sociedad Anonima (“Altony”), which owns 100% of the issued and outstanding membership interests in South American Hedge Fund LLC, a Delaware limited liability company (“SAHF”). In connection with the Agreement, we issued 130,000,000 shares of our common stock to Egani, and also issued 10,000,000 shares to Security Systems International, Inc., pursuant to a Consulting Services Agreement, dated September 10, 2007 (the “Consulting Agreement”), between the Company and Security Systems International, Inc. FOR THE FULL TERMS OF THE AGREEMENT AND THE CONSULTING AGREEMENT, PLEASE REFER TO THE COPIES THEREOF FILED AS EXHIBITS 10.35 AND 10.36, RESPECTIVELY, TO THIS REPORT. Item 2.01. Completion of Acquisition or Disposition of Assets. At a closing held on March 4, 2008, pursuant to the Agreement we acquired from Egani 100% of the issued and outstanding membership interests held by it in Altony which owns 100% of the issued and outstanding membership interests in SAHF, in exchange for our issuance of 130,000,000 shares of our common stock. Item 5.01 Changes in Control of Registrant. At the Closing of the purchase of all of the outstanding membership interests in Altony on March 4, 2008 ( the “Transaction”), we issued to Egani 130,000,000 shares of our common stock, which constitutes following such issuance a majority of our outstanding shares of common stock. The stockholders of Egani, Inc. are Daniel R. Peralta and Monica Laura Gallo, husband and wife, each a beneficial owner of 65,000,000 million shares of our common stock. Based on the number of our outstanding voting securities as of March 4, 2008, each of Mr. Peralta and Ms. Gallo own beneficially approximately 26.7% of our issued and outstanding shares of common stock. The consideration furnished by Egani, Inc. was comprised of all of the outstanding membership interests of Altony SA and South American Hedge Fund LLC, valued at $2,600,000 based on the market value of 130,000,000 shares of our common stock on March 4, 2008, that we issued to acquire these assets. The sources of funds used by the beneficial owners of Egani, Inc. to acquire control of the Company were personal funds. It is the intention of the two controlling stockholders of Egani, Inc. to designate a majority of our directors. Item 8.01 Other Events. On March 4, 2008, we acquired all of the outstanding ownership interests in Altony SA, which in turn owns all of the outstanding membership interests in South American Hedge Fund LLC, a Delaware limited liability company. South American Hedge Fund LLC is seeking investments in South America. In addition, following this acquisition, management intends that the Company continue to pursue business opportunities in the Middle East related to environmental remediation. SAHF Vancouver, B.C., Indico Resources Ltd. (“Indico”) has entered into a assignment agreement dated November 1, 2007, (the “Agreement”) for a 18% carried interest in two exploitation concessions located in Argentina (the “Concessions”), with Oxipetrol-Petroleros De Occident S.A. (“Oxipetrol”), an Argentinean company with an address of Cerrito 836, Ste, Buenos Aires, and South American Hedge Fund LLC (“SHF”), a Delaware company with an address in 2711 Centerville Road, Suite 400, Wilmington, New Castle, Delaware, 19808, for the purpose of exploring and developing hydrocarbons in exchange for the assuance of 7,000,000 Indico common shares in its capital stock payable to SHF as follows: 1) Indico will issue 1,000,000 common shares by January 1, 2008, subject to TSX Venture Exchange acceptance and 2) Indico will issue the remaining 6,000,000 common shares to SHF the earlier of: (i) all 6,000,000 common shares shall be issued in the event of a commercial oil and gas well being completed and within 60 days of notification by Oxipetrol of such commercial well completion; or (ii) 2,000,000 shares shall be issued for each $7,000,000 of oil and gas exploration expenditures incurred on the Concessions, to a maximum of 6,000,000 shares, (and if an issuance of shares is made under this subparagraph and thereafter a commercial well is drilled on the Concessions, then Indico shall only issue the balance of the 6,000,000 shares which are not yet issued). For further details on Indico, readers are referred to the Canadian regulatory filing on SEDAR. Chart 2007 Annual Report http://pinksheets.com/edgar/GetFilingHtml?FilingID=5865016 Ownership As of April 9, 2008 219,807,273 shares of Common Stock outstanding King Capital Investment Group http://kingcapital.tripod.com
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CANX News: Current Report Filing (8-k) 01/07/2019 05:05:35 PM
CANX News: Amended Current Report Filing (8-k/a) 12/21/2018 03:36:29 PM
CANX News: Amended Quarterly Report (10-q/a) 12/12/2018 05:06:27 PM
CANX News: Current Report Filing (8-k) 12/12/2018 04:33:47 PM
CANX News: Quarterly Report (10-q) 12/06/2018 05:23:20 PM
PlusOneCoin Top Posts
#3867   Since Nipton is going to be in foreclosure, KickolasNage 05/14/19 01:50:06 AM
PostSubject
#4011  Sticky Note *****VISTORS LOVING NIPTON!!! RATED 4.4 OF_5_BY_VISITORS_OUT_OF_293_REVIEWS!!!_ Rat Fink 05/20/19 11:12:11 PM
#4007  Sticky Note ***** UP-DATED/RECAP OF OUTSTANDING INSIDER_INFO_SPILLING_DA_BEANS_ON_ERBB 1vman 05/20/19 02:35:27 PM
#4003  Sticky Note *****NOT SURPRISED TO SEE AG BLEED THS DOWN 1vman 05/20/19 11:45:56 AM
#3823  Sticky Note American Green has defaulted on their mortgage payment KickolasNage 05/10/19 10:52:50 PM
#4011   *****VISTORS LOVING NIPTON!!! RATED 4.4 OF_5_BY_VISITORS_OUT_OF_293_REVIEWS!!!_ Rat Fink 05/20/19 11:12:11 PM
#4010   NIPTON NEXT WOODSTOCK? CUZ VIDEO_SAYS_CAN_BRING_CANNABIS/MJ_TO_NIPTON_&_CO Rat Fink 05/20/19 11:10:54 PM
#4009   See, we can agree on the truth.... NiptonWizard 05/20/19 08:00:06 PM
#4008   You mean people can smoke pot in Nipton IMKCBUCKY 05/20/19 02:57:52 PM
#4007   ***** UP-DATED/RECAP OF OUTSTANDING INSIDER_INFO_SPILLING_DA_BEANS_ON_ERBB 1vman 05/20/19 02:35:27 PM
#4006   HOW WOULD WE_KNOW_WHAT_THE_REVENUE_IS?? 1ml 05/20/19 01:03:55 PM
#4005   CANX is down 28% on $7 traded! COMICAL! NOBODY BUYING Goodtimes93 05/20/19 12:57:50 PM
#4004   CANX _ IS HOLDING - UP _ GREAT LE CHIFFRE 05/20/19 12:46:08 PM
#4003   *****NOT SURPRISED TO SEE AG BLEED THS DOWN 1vman 05/20/19 11:45:56 AM
#4002   CANX DESPERATE TO CONVINCE_CANNABIS_LEGAL!_IT_IS_NOT!!! 1ml 05/20/19 11:24:25 AM
#4001   Whoops...down 27% today. And another dumpfest on errb zulu041 05/20/19 11:21:08 AM
#4000   WHOOPS!!! REAL SMOKING CANNABIS IN NIPTON_FACTS_FROM_NIPTON_WIZARD_BELOW!!! Rat Fink 05/20/19 09:47:04 AM
#3999   AND HERE ARE_THE_REAL_LAWS_FOR_COMPARISON!!! 1ml 05/20/19 09:31:17 AM
#3998   GREAT SMOKING CANNABIS IN NIPTON_FACTS_FROM_NIPTON_WIZARD_BELOW!!! Rat Fink 05/19/19 10:04:19 PM
#3997   NIPTON - GUESTS_RISK_ARREST_SO_CANX/ERBB_CAN_(NOT)_PROFIT!! 1ml 05/19/19 09:56:33 PM
#3996   ****LOVE THIS 1.5-MILLION VIEWS VIDEO ABOUT_NIPTON_BECOMING_A_CANNABIS_RESORT!!!_https Rat Fink 05/19/19 07:42:04 PM
#3995   ***LOT OF BIG ISSUES AT CANX DELINQUENT WITH SEC NIPTON Goodtimes93 05/19/19 07:23:56 PM
#3994   ***LOT OF GREAT ARTWORK BEING_INSTALLED_FOR_NIPTON_CANNABIS_RESORT_RENOVATIONS! Rat Fink 05/19/19 05:49:21 PM
#3993   CANX = SCAM MISSING FINANCIALS NO DIVIDEND MAJOR LOSSES Goodtimes93 05/19/19 03:07:32 PM
#3992   *****LE CHIFFRE, CANX +16% BACK UP TO_.09!_INVESTORS_NOT_BELIEVING_BULLSHIT_FORECLOSURE_CLAIM! Rat Fink 05/19/19 02:22:12 PM
#3991   CANX DESPERATE TO_CONVINCE _THEY_ARE_NOT_IN_FORECLOSURE!! 1ml 05/19/19 02:14:52 PM
#3990   *****HILARIOUS!!! NOW HEARING BOGUS BULLSHIT_NIPTON_FORECLOSURE_"CLAIM"!!! Rat Fink 05/18/19 08:28:10 PM
#3989   **** LE CHIFFRE.... DID YOU SEE THE FORECLOSURE Goodtimes93 05/18/19 08:00:35 PM
#3988   ****LE CHIFFRE, INVESTORS NOT BELIEVING BOGUS_FORECLOSURE_CLAIM_CANX_+16%__TO_.09!!! Rat Fink 05/18/19 07:57:37 PM
#3987   ***LOL A WHOLE $17_IN_PROFIT!!! 1ml 05/18/19 07:44:10 PM
#3986   NIPTON IN FORECLOSURE. NOBODY CARES Goodtimes93 05/18/19 07:16:50 PM
#3985   *****NIPTON MANAGEMENT/WORKERS OBVIOUSLY_DOING_OUTSTANDING_WORK!_NIPTON_RATED_4.4_OF_5_STARS_W Rat Fink 05/18/19 07:12:57 PM
#3984   AWESOME ART, bummer it's not being maintained, and NiptonWizard 05/18/19 05:36:46 PM
#3983   ***LOT OF GREAT ARTWORK BEING_INSTALLED_FOR_NIPTON_CANNABIS_RESORT_RENOVATIONS! Rat Fink 05/18/19 05:31:42 PM
#3982   Painting this tape doesn't take more than a NiptonWizard 05/18/19 05:01:50 PM
#3981   Unaware, uninformed investors being ripped off, Nipton foreclosure NiptonWizard 05/18/19 04:56:38 PM
#3980   CANX = SCAM NIPTON IN FORECLOSURE Goodtimes93 05/18/19 04:07:26 PM
#3979   *****LE CHIFFRE, CANX +16% BACK UP TO_.09!_INVESTORS_NOT_BELIEVING_BULLSHIT_FORECLOSURE_CLAIM! Rat Fink 05/18/19 01:23:10 PM
#3978   ******"MARY JANE, CALIFORNIA"... FUTURE_NAME_OF_NIPTON_CANNABIS_RESORT???_ht Rat Fink 05/17/19 11:31:26 PM
#3977   LEFTOVER NIPTON MERCHANDISE ON SALE AT AMERICAN NiptonWizard 05/17/19 11:10:46 PM
#3976   LE CHIFFRE, CANX +16% BACK UP TO_.09!_INVESTORS_NOT_BELIEVING_RECENT_CANX_BULLSHIT_"CLAIM Rat Fink 05/17/19 10:38:44 PM
#3975   Is KM still working? frontloading 05/17/19 08:37:51 PM
#3974   Lol, means they have decided to sell....... NiptonWizard 05/17/19 04:02:33 PM
#3973   Factually incorrect. Nipton in foreclosure. Goodtimes93 05/17/19 03:53:26 PM
#3972   I only put stock in facts LE CHIFFRE 05/17/19 03:38:20 PM
#3971   I don't believe CANX has had any employees NiptonWizard 05/17/19 03:28:58 PM
#3970   ROFLMAO How can those be fake numbers!!! hahahahahah, those LE CHIFFRE 05/17/19 03:18:21 PM
#3969   I Don't listen to Disgruntled FORMER CANX people LE CHIFFRE 05/17/19 03:16:21 PM
#3965   That's because you can only buy at 0.09, KickolasNage 05/17/19 11:23:06 AM
#3964   *****NOT SURPRISED TO SEE AG BLEED THS DOWN 1vman 05/17/19 11:07:13 AM
#3963   ****LOT OF GREAT ARTWORK BEING_INSTALLED_FOR_NIPTON_CANNABIS_RESORT_RENOVATIONS! Rat Fink 05/17/19 10:14:39 AM
#3962   CANX,ERBB leaving Nipton soon, we all know it. NiptonWizard 05/17/19 09:56:06 AM
#3961   ***YAWN! BLOOM STILL DUMPED_IN_THE_DESERT! 1ml 05/17/19 08:57:39 AM
#3960   ***PETER HAZELLs FAMOUS BLOOM_JELLY_FISH_BEING_SET_UP_AS_CANNABIS_RESORT_RENOVATIONS_CONTINUE! Rat Fink 05/17/19 01:05:49 AM
#3959   *****HEARING MORE OBVIOUS CANX NONSENSE_CUZ_NO_CANX_BLEEDING_HERE! Rat Fink 05/17/19 12:40:44 AM
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