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SIBED changed to DZCA:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
This is moving back up - every now and then you get lucky.
$SIBED: DrazCannnnnnaaaaaaaaaaaaaaaaaaaaa
Ok
GO $SIBED
New out:
https://www.otcmarkets.com/stock/SIBED/news/DrazCanna-Inc-OTCBB-SIBED---A-New-US-Based-Public-Cannabis-Company-paves-its-way-into-the-Marijuana-Bio-Pharmaceutical-R?id=349550
DrazCanna, Inc. (OTCBB: SIBED) - A New, US Based, Public Cannabis Company paves its way into the Marijuana Bio-Pharmaceutical Research and Development Supply Chain
Press Release | 03/28/2022
"Sometimes timing is everything for an entrepreneur". US Senate unanimously approves Marijuana Reform Bill on the same day that the House schedules cannabis legalization vote…and it's your first day as a U.S. public company in the cannabis industry; the realization of a 6+ year entrepreneurial journey.
DEARBORN HEIGHTS, MI / ACCESSWIRE / March 28, 2022 / "The timing is unbelievable" exclaimed Hussein Anani, President of DrazCanna, Inc. For the leadership team at DrazCanna, the meetings with accountants and attorneys were continuing with next steps to finish the pending reverse merger laid out for the coming week.
DrazCanna, Inc., (formerly known as Sibling Group Holdings, Inc.) originally filed with FINRA its related application for a name change and 1 for 24 reverse split on November 3rd, 2021 and was processed March 25th, 2021.
"To see our Senate unanimously pass legislation, this truly simplifies the challenges of navigating regulatory restrictions endured by early entrants into the medical cannabis market."
The actions in both the Senate and House on Friday March 25th, 2022 in regards to providing much needed regulatory reform for Research and Development of Cannabis are the steps we believe are necessary to bring clarity to the conflict between USDA's designation of cannabis as a Schedule 1 narcotic with no medical use statement conflicted by the FDA and its approval of Epidiolex, an oral solution for the treatment of seizures associated with two rare and severe forms of childhood epilepsy in children as young as two years old containing parts extracted from the cannabis plant.
With regulatory changes removing the obstacles with cannabis research and development, Hussein sees the "stigma" of cannabis finally being challenged which has hindered the country from truly embracing Bio-Pharmaceutical research and development of cannabis. "We all have personally seen family members, friends, or acquaintances that have had relationships, lives, and jobs damaged by the irresponsible use of drugs. However, we should not inhibit important research and development that represents an opportunity to develop potentially life-saving medicine which at a bare minimum improves the quality of life for children and adults," Hussein put forth passionately.
"We are excited as a team to move forward with our pending reverse merger and our first step into the cannabis industry, building upon our six-year Bio-pharmaceutical developmental history as our footprint for future growth," as Hussein implies his eagerness to get back to work with the team in respect to the entrepreneurial vision with the unfolding opportunities presented by US legalization.
The legislation aids organizations involved in research and development by reducing costs and development time. "Michigan's pharmaceutical industry benefits with state regulation and the opportunities of pending legislation passage," says Hussein Anani.
Sibling Group Holdings, Inc. was originally incorporated under the laws of the State of Texas on December 28, 1988 as Houston Produce Corporation. The company then changed its name and industry focus three times between its inception and August 15, 2012, when the Corporation became "Sibling Group Holdings, Inc." In that time, Sibling Group Holdings, Inc. had a focus in virtual education and ceased operations in 2016.
The Corporation remained dormant until June 28, 2021, when Benjamin Berry of Synergy Management Group, LLC was appointed Receiver by the Texas 126th Judicial District Court. This was for the purpose of continuing Sibling Group Holdings, Inc. as an ongoing concern for the benefit of its stockholders.
On September 22, 2021, The High Company, LLC., owned by Hussein Anani, acquired a control block of shares from Ben Berry and Synergy Management Group and Hussein Anani was appointed sole officer and director.
Shortly after, on September 30, 2021, the majority holders of the Corporation's Series A Preferred shares consented to convert all Series A Preferred Shares into shares of common stock at the designated conversion rate of 69.83010 per share.
On October 14, 2021, with the consent of the majority of Common shareholders, the Board of Directors authorized a resolution of the Corporation for the officers to effectuate a 1 for 24 reverse stock split, while the authorized shares of common stock shall be 500,000,000 with a record date of October 24, 2021.
October 29, 2021, the Texas 126th Judicial District Court granted Receiver Ben Berry's Motion to Terminate Receivership and Discharge Receiver.
On November 3, 2021, the Corporation made filings with FINRA which included the 1 for 24 reverse split and for a name change to DrazCanna, Inc., accommodated with a symbol change, to reflect the organization's intentions to enter the U.S. legal cannabis industry.
On March 25th, 2022, FINRA approved name and symbol change from Sibling Group Holdings, Inc. to DrazCanna, Inc. and a 1:24 reverse split.
Contact:
DrazCanna, Inc.
Hussein Anani, President
P.O. Box 600
Dearborn Heights, MI 48127
www.siblinggroupholdings.com
info@siblinggroupholdings.com
About DrazCanna, Inc.
DrazCanna, Inc. (OTC: SIBED) was operating in the educational sector until 2016 and was dormant until 2021 when the corporation filed its reports to achieve current status. For more information, visit www.siblinggroupholdings.com.
Safe Harbor
This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of DrazCanna, Inc. These statements are only predictions and actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, some of which are out of the company's control. The potential risks and uncertainties include, among others, that the company's expectations of future growth may not be realized. These forward-looking statements are made only as of the date hereof. The company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. All forward-looking statements are expressly qualified in their entirety by the "Risk Factors" and other cautionary statements included in the company's annual, quarterly and current reports and other filings, including but not limited for the quarter ended December 31, 2021 and filings with the OTC Markets.
SOURCE: DrazCanna, Inc.
SIBE: effective March 25,2022 Sibling Group Holdings Inc. will change to DrazCanna Inc. and a one for 24 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Wonder if this is the Twitter account?
https://twitter.com/drazcanna?s=21
Well, glad they filed. But the R/S price sux. Although a 1.5M float will be nice and tight.
Gnarly, to date this guy Hussein Anani has been a disappointment since he took over. Said there'd be transparency and updates and we see and hear nothing.
However, they did file their quarterly today and wrote: On October 14, 2021, with the consent of the majority of Common shareholders, the Board of Directors authorized a resolution of the Corporation for the officers to effectuate a 1 for 24 reverse stock split, while the authorized shares of common stock shall be 500,000,000 with a record date of October 24, 2021. Filings with FINRA were completed on 11/3/2021. Additionally, the Corporation simultaneously filed for a name change to DrazCanna, Inc. to reflect the organization’s intentions to enter the US legal Cannabis industry.
If you haven’t noticed February is looking much healthier in OTC land and a continuation into summer is likely, yet the shell owners here are incognito.
Everyone saying hotter towards December January February now it’s summer …
These guys are missing the OTC strength that’s building back up. This market is gonna get hotter toward summer. Just saying, sitting on your hands doesn’t make the company money or investors.
He said early December that they were gonna give an update before end of year. That didn't happen so I guess, hopefully, in the coming days!
I wonder if Hussein Anani has any plans for this shell in 2022 or if he'll do exactly what he's done since taking control - - NOTHING!
I’m thinking this is gonna be a MJ company. Just a hunch, but interested to see what The High Company does to bring investors. $SIBE
I fixed my Twitter to allow messages, I can share an exchange I had with them too through Twitter. He deduced what my handle was here on IHub from our convo.
I've actually sent them an email about this early that morning. And earlier today as well as it's been a roller coaster. Limited Monday, Current Tuesday and Limited again today. They said again that there's just an error by OTC Markets https://siblinggroupholdings.com/f/sibe--pink-current-tier-again. I can share to you the emails privately on twitter but it seems that you can't be messaged!
Also, I asked them if they will provide an update about the new direction of the company soon (and I asked how soon) and they said that they plan on giving one before the end of the year. He replies pretty quickly in the morning. I contacted him through the Contact Us of the website.
I figured it might be possible that posting on this board could be noticed by company leadership. Maybe they saw the post or maybe they didn’t. I’m not taking credit for the update, just glad the matter is fixed. Hopefully some news will follow soon. $SIBE
Just an oversight of OTC Markets as per the update on the website. https://siblinggroupholdings.com/f/sibe-otc-level-to-change
What’s up Anani? Something must be wrong with your filing.
Q3 filing posted 11/2. At least those preferred conversions are restricted.
https://www.otcmarkets.com/otcapi/company/financial-report/310862/content
Exactly. It's a huge industry. The one merging is a family owned private business in this industry for a while now and suddenly want to go public?? Our CEO is the co-owner (probably been passed on from his father) and is only 32 years old!! One can find him on fb/ig/linkedin. This is not another old geezer or scammer in the otc. lol It says on his linkedin he was a "project manager" on the company from 2012 to 2017 (when he was 23-28 years old) and managed $1.7 million yearly project. That's not a reflection of their total revenue per year and that was back before 2017!! So why they want to go public now? Business must be good and this young dude has big plans on this thing.
Can't wait for the news!
was doing a little googling about the merging company, Dynamic Glazing Systems, and learned that there is a difference between "dynamic glass" and regular old glass.
Here is some info:
https://www.architectmagazine.com/technology/products/how-to-specify-smart-glass_o
"It’s the law of unintended consequences: With greater emphasis on daylight and views comes increased heat and glare inside. Blinds, curtains, and sunshades negate the benefits of expansive glazing, as do higher HVAC costs. In recent years, tinted electrochromic glass—also called smart, smart-tint, dynamic, or switchable glass—has become a more accessible option."
https://www.gminsights.com/pressrelease/smart-glass-market
"Passive switchable glass technology is expected to showcase a growth of around 9.1% CAGR up to 2027. It controls light transmission through non-electrical stimuli, i.e., without employing voltage supply. Passive light control glass is largely utilized in small-format settings such as sunglasses. It cannot be controlled manually by the user, limiting its scope to certain applications. It is mainly divided into thermochromic and photochromic types, which react to heat & light respectively. Passive smart glass is simpler in design with the absence of an electrical unit. Compared to active smart glass, it is cost-effective in terms of products, installation, and maintenance."
Looks like dynamic/smart glass is becoming more common in vehicles (both land and air), industrial construction, and residential construction.
automotive vehicles: https://www.gauzy.com/4-ways-automotive-glass-technologies-transform-industry/
aircraft: https://www.smartglass.com/aircraft-electronically-dimmable-windows-edws-improving-passenger-experience-reducing-operating-costs-using-research-frontiers-spd-smart-technology/
office: https://www.gauzy.com/top-10-glass-buildings-in-new-york-city-how-smart-glass-can-help/
residential: https://restechtoday.com/smart-windows/
Nice to see some movement and an idea what is planned to fill $SIBE
The crappy Company website was taken down and a new landing page "launching soon" has been connected - https://siblinggroupholdings.com/
Also there's a chatbot that connects directly to Dynamic Glazing Systems, Inc
Synergy was successful with their court Monday, hope same goes for $SIBE.
Supposed to have Court Hearing Friday October 29 to Discharge Court Obligations.
Now their new website has been taken down
Hmmmmmmmmmm
$QENC judge has petition and is reviewing the share cancellation$QUAN attorney is supposed to have draft for me today on potential share cancellation, she has been tied up in trial$SIBE & $SGTB have hearings this week to discharge court obligations
— Synergy Management (@synergymgtgroup) October 19, 2021
There's still a hearing for Termination of Receivership. I don't know which court SIBE is in but for $SGTB it's set on Oct 25.
Documents to be submitted today to discharge the receivership for both $SGTB and $SIBE.
— Synergy Management (@synergymgtgroup) September 29, 2021
yawn. trading activity says nothing going on. maybe hussein anani is out of his league and not getting anything done or had no real plan.
Tru Dat Dusty, pathetic website.
It looks like a 3rd grader updated their website.
Looks like a bunch of Muslims from Detroit. Is this the Company that is merging into SIBE?
Seems so, this family also owns a window factory. Supreme Window Factory + Dynamic Glazing. Although, it is not entirely clear what is coming into the shell. GLTU.
SIBE
So is this the Company that is rolling into the SIBE shell?
tlo.
Let's get on the train then fink....
OTC Pink Current
Slowly doing what's necessary
Looking forward to merger/acquisition news soon
SIBE Pink Current tonight.
I never got into this one
Documents to be submitted today to discharge the receivership for both $SGTB and $SIBE.
— Synergy Management (@synergymgtgroup) September 29, 2021
New website and company profile change added to OTC Markets
http://siblinggroupholdings.com
https://www.otcmarkets.com/stock/SIBE/profile
This probably won’t get current until the company business description section gets updated With proper info.
Sounds good. GLTU
Really nothing @.02
I just have too many below 10m float.
BOPO is a 41m float and was .05 Monday.,
It can happen in any of theses.
I feel more comforts in the ultra low floaters looking for a New Company
Ya can’t play em all.,
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