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thank you
that is interesting
seems like they need to validate their previous
statements as for whatever reason they were not audited and getting independent Auditor to do so
imo
New 8K out today. Not sure what in means going forward but I would not think it is.
Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
On October 28, 2022, the Board of Directors of Instadose Pharma Corp was notified by our independent Auditor BF Borgers CPA PC (the “Auditor”) that Instadose is required to disclose that the February 28, 2022, financial statements were not reviewed by the Auditor.
On November 2, 2022, the Company’s Board of Directors met and then acting under authority delegated to it, approved the disclosure described below in this Form 8-K.
Instadose is advising that the financial statements as at February 28, 2022 and the associated 10-Q were not reviewed by the Auditor. Management of Instadose provided disclosure that the financial statements and 10-Q were unaudited, however, further disclosure is now being provided that the February 28, 2022, financial statements and 10-Q were also not reviewed by the Auditor.
Instadose has requested that the Auditor furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statement. A copy of the letter from the Auditor Firm is attached hereto as Exhibit 16.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
16.1
Letter from BF Borgers CPA PC
104
Cover Page Interactive Data File (embedded within the Inline XBRL Document)
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Instadose Pharma Corp.
/s/ Alex Wylie
By:
Alex Wylie, Interim CEO
November 4, 2022
3
EXHIBIT 16.1
5400 W Cedar Ave
Lakewood, CO 80226
Telephone: 303.953.1454
Fax: 303.945.7991
November 3, 2022
United States Securities and Exchange Commission
Office of the Chief Accountant
100 F Street, N.E.
Washington, D.C. 20549
Re: Instadose Pharma Corp
Ladies and Gentleman:
We have read the statements under item 4.02 in the Form 8-K dated November 3, 2022, of Instadose Pharma Corp (the “Company”) to be filed with the Securities and Exchange Commission and we agree with such statements therein as related to our firm.
Sincerely,
Grants court appearance was sounds like
just an appearance for Admin update
the purpose was : to be spoken to
To be spoken to: This describes a matter which is returning for another administrative appearance to update the court on where the matter is going, how it is progressing, and what is preventing it from being resolved by a plea, withdrawal, or trial.
dont know. didnt watch
And what's the outcome ?
granty ferdinando is in court right now. 9 am
October 28th not confirmed on OSC hearing schedule
where do u see that?
is it on osc site?
Sanders OSC pre-trial starting this October 28th
Instadose Website up and running again
thanks Future!
the was very informative
yes that would make sense
since they are repivoting/restrategising
as per 8k
be interesting see what their new site
will look like
Went private cuz all content was obsolete
Instadose is obsolete
Found this:
Private
When your site is private, only site owners and contributors with login permissions can see it. Other visitors see the owner login page. It can be helpful to set your site to Private if you’re still building your site, or if you need to temporarily hide your site while you change the content.
Note
If your site was previously public, making it private prevents search engines from indexing it further. This means that search engines may have already indexed your site while it was public, and your content could appear in search results.
Available for trial and paid sites. All trial sites are set to Private by default.
You can set your availability back to Private at any time.
To keep your site hidden from search engines, but accessible to certain visitors, set up a site-wide password instead of setting to Private.
To only hide certain pages, visit Controlling who can access your site's pages.
While your site is private, visitors see a “Private Site” message when they visit your domain:
private site message
https://support.squarespace.com/hc/en-us/articles/360002088548#toc-site-availability-options
It appears Instadose is indeed working on more Updates and / or Changes to their Website.
Looking forward to these further Updates and Future Filings or even a PR!!!!!
INSD $$$$$$$$
Instadose website is now Private
weird wonder what that is about
No I dont know i red your post as i thought you said there was a form 211 done. I missed res your post i guess. I dont have no info on this company. Wish i did have a crystal ball
Oh, really..?? If so that's pretty huge, from what I've seen it takes about 4 months after a new Form 211 is cleared by FINRA to resume normal quotation. CE is another story though, a new 211 is no guarantee that the CE will come off, just depends on OTCM.
Rhey have someone that did file a form 211 lately. After the major issue. Why did it not trade openly.
all of these JV partnerships are useless IMO.
It just means they cant do it on their own. Every one of instadoses attemps so far to be a cannabis compnay have failed. they are losers in the space. every JV is now toast, and all these latest ones will be no different IMO
i said this months ago when they tried to go the highlands route. any good grower is not selling tracts of land for contract growing. i was right. product was garbage.
this new argentina one will be no different IMO. i looked at the weather. too cold at night. similar to the graveyard of cannabis compnaies in and around bogota. too cold, then 100 percent humidity.
i also said all the african woman bushweed in congo would never make it to market. I mean come on folks. how in their right mind did they think that bush weed would make it to an API and sold into pharmacies. its laughable.
Instadose is not trusted with any announcements
Three In Five American Voters Back Nationwide Marijuana Legalization, New Poll Finds
https://www.marijuanamoment.net/three-in-five-americans-back-nationwide-marijuana-legalization-new-poll-finds/
Let’s hope to see a U.S. JV Partnership Announcement soon, as Instadose Pharma continues to reshape and pivot itself into a more strategic and prosperous landscape!
INSD $$$$$$$
No clue, it hard to say, other than 10K's tend to be more lengthy and complicated in general (other than perhaps Super 8K's) and include audited financial statements, so would generally take more time to prepare.
Bigger question is why continue to spend the $$$ to file at all at this point..?? Even if the SEC did not intend to recommend any enforcement action.....they were able to get a MM to file a Form 211, have it cleared by FINRA and resume normal quotation....there is still no guarantee the CE would ever come off, that's at OTCM's discretion.
Just back from vacation. Why would they post an 8k and not their 10k year end and go deliquent. This does not make sense. Do you have an answer or thoughts Big Brother. I did read the 8k and it does look good but can they execute the plan.
There was this turd a couple years ago, TZPC, that had a promo that went from pennies to $40 pps very quickly and got dumped pretty much straight back down to pennies....but was never suspended, never got a CE and no one ever charged, even though those behind it made some big money fast.
If I had been the SEC I would have went after these guys WAY before HWIN and the Cokers, lot more folks got hurt there, than ever got hurt in HWIN.
TZPC
2020-12-03--$2,322,130.54
2020-12-09--$2,171,152.70
2020-12-11--$2,105,161.05
2020-12-04--$1,694,323.08
2020-12-14--$1,619,329.09
2020-12-02--$1,556,418.72
2020-12-15--$1,257,776.50
2020-12-08--$1,210,409.74
2020-12-10--$887,342.38
2020-12-23--$462,573.99
HWIN
2021-04-19--$212,659.42
2021-04-20--$152,749.05
2021-08-04--$91,219.36
2021-04-22--$68,600.32
2021-04-23--$43,483.84
2021-12-08--$42,764.15
2021-05-03--$38,341.87
2021-12-27--$36,000.00
2021-05-04--$32,031.35
2021-12-09--$29,771.80
Hmm, that's true, that could be a record. I can't think of anything quite like that and I've followed a LOT of promos over the years...it's usually low floaters that run like that, I can think of low floats that have run to $40, $50+ pps....even one that went $600+ pps and got dumped down to pennies but the MC was still pretty low, however, because of the large o/s here the MC was off the charts during the promo.
I think NXMH had a ridiculous multi billion dollar MC at one point, can't recall how high it got, then dumped down to sub penny but still not 30 billion to 50 dollars, that's pretty crazy.
the world record setting was in relation to 60 dollars, down to .000001. in less than one year. 30 billion to 50 dollars. absolute destruction.
just looked at lexg. it looks pretty bad as well.
I'm certainly not condoning it, it was beyond stupid for sure but wasn't the INSD promotion only like $250K or something like that...?? Hardly 'world record' setting......I'd say that title goes to good ole LEXG back in 2011, biggest promo I ever followed, that was just nuts, everyone who traded stocks back them remembers that one....it had a budget of $3.3M and was run by an outfit called the Stock Market Authority.
That was probably the biggest pump and dump in OTC history, had some $100M dollar trading days if I recall correctly.
Yeah, I followed that one, that was pretty tame compared to most of the stuff we see happening on the OTC , especially higher dollar stock promotions.
There was not even a p&d there, it was thinly traded, low floater that they walked the price up on, on very small 100- 300 share wash trades, most likely to appear more attractive to a merging company IMO. I can't see where any insiders made much money there. However, it got national attention when David Einhorn alerted it for some reason, so I think the SEC had to act.
These were the top 10 days of highest dollar volume for HWIN in its history, since it started trading in 2019, hardly the crime of the century in the bigger scheme of things.
2021-04-19--$212,659.42
2021-04-20--$152,749.05
2021-08-04--$91,219.36
2021-04-22--$68,600.32
2021-04-23--$43,483.84
2021-12-08--$42,764.15
2021-05-03--$38,341.87
2021-12-27--$36,000.00
2021-05-04--$32,031.35
2021-12-09--$29,771.80
These were the top 10 days of highest dollar volume for INSD, all came during the promo.....quite a difference for sure.
2021-11-08--$2,532,050.53
2021-10-28--$1,222,038.03
2021-11-04--$912,119.81
2021-11-12--$888,335.03
2021-11-09--$840,240.21
2021-11-05--$835,542.19
2021-11-16--$767,628.74
2021-10-27--$758,123.43
2021-11-10--$739,758.99
2021-11-03--$552,071.63
SKFG just ran a big promo, which is pretty similar in dollar volume to INSD's, that one did not get suspended or even a CE......so its a crapshoot.
2022-08-19--$1,744,218.20
2022-08-12--$1,055,616.13
2022-08-16--$800,964.79
2022-08-02--$791,864.74
2022-08-15--$740,590.98
2022-08-08--$738,504.96
2022-08-04--$701,096.96
2022-08-18--$685,157.51
2022-08-17--$679,303.36
2022-08-03--$587,696.16
thnx very interesting read
lots of potential! thats for sure!
Colorado And Washington Got More Tax Revenue From Marijuana Than From Alcohol Or Cigarettes In Fiscal Year 2022.
https://www.marijuanamoment.net/colorado-and-washington-got-more-tax-revenue-from-marijuana-than-from-alcohol-or-cigarettes-in-fiscal-year-2022-report-finds/
Now That is Very Interesting!
It Would Be Great to See Instadose Pharma Partner Up Here in the U.S. One Day!!!!!
INSD $$$$$$$
yes i hear what you are saying
given what they do have to work with and limited
resources from aftermath
maybe its best move they can make for now
if they kibosh ties With Grant's Malaye Internatinal Co/
DRC ties it might lessen his influence who knows
but i agree he will still have his fingers in the pie for
sometime and to some limited extent
I think in relation to Grants OSC case as u said will probably
not look good for him as the Company is obviously
trying ( on the surface) to cut ties with him .
we shall see the drama continues! lol
to be fair, it seems like the exact same strategy as before. just with different partners
as well, this startegy was borne out of instadoses inability to grow and ship own product. Even though they put out news releses sayin gthey are the largest producers of cannabis in the world, 4 years later they dont grow a damn thing. they look to find supply partners. thats it.
do i think that its a positive sign that they are trying to forge ahead. yes
however, i dont believe for a second grant isnt still involved in every decision. but thats just my opinion
does anyone think this pivot away from all the businesses that grant raised money on, and promoted is a good thing for his OSC case or a bad thing?
i personally think it strenhtens the OSC case in relation to grant
The OSC alleges “investor funds were diverted to the benefit of Mr. Sanders, his family, and associates” and that “Instadose materially misrepresented the nature of the company’s business.”
and then they all fail. hmmmmmmmmmm
Alex Wylie &co look to be serious about pivoting
and restrategizing , moving away from Grants past
work
interesting
Yesterday’s 8-K is already on there too!!!!!!!
INSD $$$$$$$
also the website is updated under Products:
Active Pharmaceutical Ingredient (API’s)
interesting
Looks like their website has been updated. With new patrnerships.
Never left Brother just waiting for an update
Nice to see you!
Yes I believe a Revised Website will be needed soon.
INSD $$$$$$
Partnerships WERE key... they ALL failed
good to see you back! future
good reading material
im guessing an overall of their website is due soon too
the most interesting point to me is the fact that every JV, and every other asset(congo and macedonia), was used in the illegal promotion before deal even closed, and all have been a bust and the compnay is abandoning most of them.
furthermore, the compnay knew its product had been seized in the congo in july 2021, yet they promoted the stock in september and october with the congo production front and center. this is securities fraud. falso and misleading info. plain and simple.
Lots of New Agreements Inked!!!!
Partnerships are the Key to Success!!!
All Are There To Read in Todays 8K!!!!
Page 36
https://www.otcmarkets.com/filing/html?id=16102704&guid=SJX-kKvkPiIfJth
Patience is a Virtue!!!
INSD $$$$$$$
big bro
i get feeling they are trying! which is
a point in right direction lol or at very least good
entertainent to come in next
i was thinking that too about the hemp
very good point and i agree very viable
maybe David Curry Co is gonna tap that as a joint later?
looks like they in talks or inked ( or about to ink) some type
of agreement with Swiss, Cz Repub , Malawi ,
argetina
i will read it tonight in detail
I just glanced over it, most interesting point is that they even filed it at all...... perhaps a glimmer of hope...idk.
I doubt anyone is surprised they are reevaluating the DRC, if you can't get the product out of the Country, then needless to say that's obviously a serious problem....lol. Its a massive piece of land, with good growing conditions for hemp, that's why I'm curious if perhaps growing hemp there, for carbon offsets, could be a viable option...??
hmm interesting posting of 8 k and change of direction
there is mention of Sweden and Ch republic
and Argentina aside from Malawi
of course i have but just glanced it over
but i would like to read these in more detail
yes. it looks like most of them are a total bust.
they are reevaluating congo.
they have shut down cameroon.
they have stopped india
mexico is inactive
portugal in inactive
colombia they dont even have a export quota yet. lol
and the best of all. they are limiting use of north macedonia to that of a distribution point.
but all is not lost. they signed a deal with a compnay based out of the tiny island of st vincent. instadose has trumpeted for years that they have the largest outdoor growing area in world, and they couldnt make it work, so they are now pivoting to one of the smallest island nations in world. cant make this stuff up folks.
thanks big bro for the 8k
i just noticed it on internet
didnt have time to read it in full
i will tonight
whats your opinion? any hope
for a turn around?
any points that stood out?
8K out today, pretty lengthy but looks like their revising/updating their business strategy a bit, sounds like the TMIG JV in the DRC could end up being a lost cause.
Still kind of interesting they filed this though.
https://www.otcmarkets.com/filing/html?id=16102704&guid=SJX-kKvkPiIfJth
8k.
Looks like an update on JVs
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