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Likely no longer a Redfund portfolio company. Check the Annual MD&A posted 1/28. Biolog note is listed as “impaired” and management deems the account uncollectible.
You can hit a golf ball from Rxmm office to red fund office lol this is gonna be huge for both companies...aggl (Rxmm) is sitting at .79 today and should see $20+ this year once they start filing the SS is gorgeous
Rxmm is already in the middle of their reverse merger go check it out AGGL ...connect the dots it’s gonna be massive I’m all in there....it just led me here actually
NEWS out!
Redfund Client Biominerales Pharma Colombia Announces First Purchase Order
https://web.tmxmoney.com/article.php?newsid=5864527430213220&qm_symbol=LOAN:CNX
Just google RxMM Health. They run the worlds largest hemp cultivation project!!
Redfund has its stake in it.
RxMM Ipo in Q4 2018!!
$$$$
And confirmed.
So new ATH at 0,69 CAD!
Still just 26Mio Cad MC!
It holds
$$$
NEW ATH 0,65 CAD
NICE
Redfund yesterday closed at 0,60 CAD which was Day High and which is All Time High!!!
Extract:
Biolog’s CEO Bruce Bauer stated: “Our license from Lexaria is what separates Biolog products from all others. By incorporating the DehydraTECH™ drug delivery platform into our products, the bitterness and the earthy taste of cannabis oil are masked, and this technology ensures quick and effective transportation into the bloodstream without degradation in the stomach or liver. This equates to decreased onset times, a 300% increase in bioavailability and more accurate dosing. The cannabidiol (CBD) market is projected to reach $2.1 billion by 2020. In my opinion our work with Lexaria Biosciences will prove to be a highly and mutually beneficial business relationship.”
NEWS:
Redfund Client Biolog Inc. Provides Progress Report
https://web.tmxmoney.com/article.php?newsid=4689295629727003&qm_symbol=LOAN:CNX
Hey guy I am trying the CNSX symbol but getting nowhere with it. Any ideas?
Now 80% up......
70% UP in GERMANY due to todays news has been released prior Canada market opening.
In Europe still listed as Parana Copper:
https://www.onvista.de/aktien/PARANA-COPPER-Aktie-CA75745T1084
From todays PR:
BMP’s headquarters and lab facility are located in Bogata and it has a wide range of operations countrywide. In Corinto, the base cannabis farm features both greenhouse and outside growing operations totalling almost 2 million sq. ft. of outdoor and 15,000 sq. ft. of greenhouse, producing high volumes of organic medicinal cannabis. In Tulua, BMP has another farm for growing industrial hemp for CBD. The first phase in Tulua is projected to yield 1.2-1.4 million pounds of biomass per year.
Can anybody compare to other Cannabis companies?
600.000 to 700.000 kilograms per year is quite impressive!
And they received the licence some weeks ago!
Very low volume last Friday. That should change today.
Does anybody has this stock on watch or is already in?
But what sounds quite promising is todays pre-market update on the operating activities in Colombia:
THE TRAILBLAZER OF MEDICAL CANNABIS IN COLOMBIA
LICENCED GLOBAL EXPORTER OF CBD OIL
VANCOUVER, British Columbia, Sept. 24, 2018 (GLOBE NEWSWIRE) -- Redfund Capital Corp (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) (Redfund or the “Company”) is pleased to update operations of Biominerales Pharma Colombia (‘BMP Colombia”), a first mover and the trailblazer of medical cannabis in Colombia.
Biominerales Pharma Corp. has the trifecta of licenses in Colombia allowing them to grow, process and export CBD oil beyond South America to the global marketplace. Its extensive in-country farming operations plus a state-of-the-art GMP processing facility in Bogota (coming online in 2019) make BMP the perfect supplier, partner and distributor for Canadian LPS and global partnerships.
BMP’s headquarters and lab facility are located in Bogata and it has a wide range of operations countrywide. In Corinto, the base cannabis farm features both greenhouse and outside growing operations totalling almost 2 million sq. ft. of outdoor and 15,000 sq. ft. of greenhouse, producing high volumes of organic medicinal cannabis. In Tulua, BMP has another farm for growing industrial hemp for CBD. The first phase in Tulua is projected to yield 1.2-1.4 million pounds of biomass per year. In Mondomo, BMP is completing a lab where the chief agronomist will execute a process of DNA testing and growing in-vitro to create a super strain of seeds and plants with the highest quality plants free of disease. (https://biomineralespharma.com)
BMP are planning to open a series of mobile labs in addition to medical clinics to act as treatment and dispensary distribution centers. This will be executed as an extension of Biomerales Pharma Colombia’s medical partner Carlos Rios’ private Clinica Santuario, who is also a member of the BMP Advisory Board.
Redfund Capital announced that it completed its first international financing with Biominerales Pharma Corp. on August 30th 2018. Redfund and BMP signed a 2 year term convertible secured promissory note on August 23 for US$3,000,000 at an annual interest rate of 14%.
“Last week we were granted our Medicinal Cannabis licensure for the national Colombian market. This is a great accomplishment and it will allow us to expand via well known strategic partnerships in cannabis medicine benefiting the Colombian population,” stated BMP CEO Adriana Rios Garcia.
“Biomerales Pharma has become the #1 trailblazer in Colombia medical cannabis. With only a few weeks remaining before their expected approval to start government certification for 25 different cannabis medicinal genetics, they have possibly outperformed every cannabis company in Colombia with their low cost budget, experienced and well known Colombian management team and comprehensive medical platform. Redfund will continue to support BMP and looks forward to helping them become the #1 medical cannabis company in South America,” stated Meris Kott, CEO.
This stock is CSE-listed just since a month and has its stake in some very interesting Pot companies.
Here some recent news:
https://www.redfundcapital.com/redfund-capital-corp-opens-medical-cannabis-merchant-bank/
https://www.redfundcapital.com/redfund-capital-corp-funds-biolog-inc/
https://www.redfundcapital.com/redfund_finances_biominerals_pharma/
https://www.redfundcapital.com/redfund_capital_appoints_amanda_de_freitas_as_director/
https://www.redfundcapital.com/redfund-capital-partners-with-us-based-plant-life/
Redfund Cap Corp is a Cannabis Merchants Bank
https://www.redfundcapital.com/
Outstanding shares: 41 Mio
Current Market capitalisation: 13Mio CAD
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