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Response by a spam PR company. What a joke. Con has $400k in the bank and is willing to waste $20k a month for a spam PR firm to post for them? How many big deals has Con announced that ultimately failed? Everyone one of them.
This is nothing more than a desperate attempt to remain viable.
Jacksam Corporation’s Mark Adams Joins the Stock Day Podcast (JKSM) December 3, 2019.
https://stockdaymedia.com/news/radio-interviews/jacksam-corporations-mark-adams-joins-the-stock-day-podcast-jksm-december-3-2019/
Convectium Jacksam Corporation (OTCQB: JKSM) designs, manufactures and sells automation equipment for cannabis and CBD oil producers. Offering the only UL certified filling and capping machines specifically designed for the cannabis industry, Convectium machines work with nearly any commercially available cartridge, POD, vape or other inhalation device. As a first mover in large-scale post-extraction technology, Convectium holds numerous global patents and serves the most prestigious cannabis and CBD companies in the world. For more information, visit https://get.convectium.com/.
Convectium Contact:
Mark Adams, CEO
(617) 877-6740 mark@convectium.com
Could run a bit today.
Big news for Jacksam w/ tilt / jupiter partnership!
TILT Holdings’ Jupiter Research Together with Convectium Launching Proprietary Pre-Rack Solutions
Jupiter’s exclusive pre-rack solution is now combined with Convectium’s fully automated filling and capping system
https://www.globenewswire.com/news-release/2019/12/03/1955511/0/en/TILT-Holdings-Jupiter-Research-Together-with-Convectium-Launching-Proprietary-Pre-Rack-Solutions.html
CAMBRIDGE, Mass., Dec. 03, 2019 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, announced today that its subsidiary Jupiter Research, LLC (“Jupiter”) and Convectium Jacksam Corporation (OTCQB: JKSM) (“Convectium”), an automation solutions company providing machines and equipment to legalized and licensed CBD and THC companies, have signed a memorandum of understanding to create an exclusive proprietary cartridge and POD pre-racking solution, allowing producers and extractors to scale to meet rapidly increasing demand.
Jupiter is a leading inhalation technology company, now exclusively providing CCELL® pre-rack cartridges, disposables and PODS for use with Convectium filling and capping equipment. Automation allows concentrate producers to scale quickly and profitably while reducing costs, risk and waste. Jupiter and Convectium’s pre-rack solution helps businesses compete effectively in cannabis and CBD extracts, a crucial segment of the rapidly growing industry in the United States.
“Existing competitors don’t offer pre-racked inhalation devices or the breadth, speed and cost advantages of Convectium’s fully automated solution. We are excited to be at the forefront of innovation with them to bring newer and more efficient tools to the cannabis industry through this relationship,” said Mark Scatterday, interim CEO of TILT. “CCELL® and Jupiter continue to be the leading technology in the cannabis and CBD space, now with a scalable pre-rack solution to meet our customers' rapidly increasing demand.”
The Ultimate Automation Solution includes pre-racked Jupiter CCell® cartridge trays and Convectium’s filling and capping machines, allowing cannabis and CBD producers and extractors to save time and money through automatic filling and capping.
“Automation is the rocket fuel to propel next-gen cannabis and CBD brands to stratospheric levels,” said Convectium CEO Mark Adams. “The legal cannabis industry is wide open for disruption and the future will be built on ground-breaking opportunities like this that deliver new solutions for scale, reliability, speed, and profitability.”
Cannabis and CBD oil producers and extractors can pre-order the pre-rack solution by contacting either Jupiter or Convectium.
About TILT
TILT Holdings serves cannabis brands worldwide through a strong network of portfolio companies committed to technological innovations that support long-term success. TILT services more than 2,000 brands and cannabis retailers across 33 states in the U.S., as well as in Canada, Israel, Mexico, South America and the European Union. As a market leader in cannabis technology and related products and services, the Company’s core assets include wholly-owned subsidiaries Jupiter, a company that focuses on the vast potential of inhalation through innovative design, development and manufacturing; Blackbird, a company that provides operations and software solutions for wholesale and retail distribution; and Baker, a CRM platform helping dispensaries grow their business. The Company also owns cannabis operations in states including Massachusetts, led by Commonwealth Alternative Care, Inc.; and in Pennsylvania, led by Standard Farms, LLC. Headquartered in Cambridge, Massachusetts, with offices throughout the U.S., and London, TILT has over 400 employees and has sales in the U.S., Canada and Europe. For more information, visit www.tiltholdings.com.
About Convectium
Convectium Jacksam Corporation (OTCQB: JKSM) designs, manufactures and sells automation equipment for cannabis and CBD oil producers. Offering the only UL certified filling and capping machines specifically designed for the cannabis industry, Convectium machines work with nearly any commercially available cartridge, POD, vape or other inhalation device. As a first mover in large-scale post-extraction technology, Convectium holds numerous global patents and serves the most prestigious cannabis and CBD companies in the world. For more information, visit https://get.convectium.com/.
Contact Information:
Joel Milton
SVP of Business Development
Phone: (303) 872-7255
Media Contact:
Cassandra Dowell
CMW Media
Phone: 858-264-6601
tiltholdings@cmwmedia.com
Convectium Contact:
Mark Adams, CEO
(617) 877-6740
mark@convectium.com
This dog is sinking faster than I thought it would. Every indicator points to be within months. Sales, profits, everything is down. Cash on hand is down, stockholder equity is way in the red. This is worse than the national debt. There is no way to turn this mess around.
Corporate Update: Jacksam Corporation Announces Organizational Changes and Open Source Model to Enable the Majority of Cannabis and CBD Companies to Automate Post-extraction Processes
https://finance.yahoo.com/news/corporate-jacksam-corporation-announces-organizational-130000636.html
But all that day trading made this company no good, according to some haha
Yeah, really. You just never can tell with OTC stocks. There are filings out - Mark Adams getting his warrants and notes. We'll see how it goes.
Hey now.....a little positive action recently. Decent volume on an uptick. There may be hope here after all.
Jacksam Corporation Announces Closing of Bridge Financing
https://finance.yahoo.com/news/jacksam-corporation-announces-closing-bridge-130000327.html
We'll see how it goes. Decent volume and price movement today.
Load the boat. This new financing can't help but launch this bad boy.
Yea .35 is going to be a bench mark for some time
Yes, looks like .35 (and a bit lower) is likely where JKSM will be trading in the foreseeable future. At least there are insiders involved. Hopefully they can use the funding a productive manner to turn things around.
Well it looks like they won’t be going bankrupt any time soon, but it does put a 35 cent lid on the stock for the near future, unless they provide some sort of catalyst that would justify a much higher valuation or generate enough cash to settle the lender. If there gives reason for an SP increase, Lender selling options would certainly slow momentum as well. I’m sure they don’t want to tank the stock however and would much rather exit at a premium. So I guess we’ll see how the money gets spent......
8-K out. On June 25, 2019, Jacksam Corporation (the “Company”), entered into a Securities Purchase Agreement (the “Agreement”) with the following persons or entities (each a “Purchaser” and, collectively, the “Purchasers”): L1 Capital Global Opportunities Master Fund, Phyto II, LP, Merida Capital Partners III, LP, James Kenny, William Sanger, Wilson Allen, Paul D. Kaneb, Jerald Lanzotti, Mark Adams and David Hall.
Under the terms of the Agreement, the Company sold (i) senior secured convertible promissory notes in varying denominations to the Purchasers in an aggregate principal amount of $2,388,888.85 (the “Notes”) and (ii) warrants (the “Warrants”) to purchase up to an aggregate of 3,685,714 shares of the Company’s common stock, par value $0.001 per share.
The Notes were issued at a discount of 10% to the total face principal amount of $2,3888,888.85, resulting in gross proceeds to the Company at closing of $2,150,000. The Notes bear interest at a rate of 15.0% per annum until maturity, the entirety of which was prepaid by the Company at the time of closing in a total amount of $358,333. The principal balance of $2,3888,888.85 on the Notes is due and payable March 25, 2020, unless sooner accelerated by reason of a material default by the Company or unless converted prior to maturity. Each of the Notes is convertible at the option of the holder into our common stock at a conversion price of $0.35 per share, subject to customary adjustments including subsequent dilutive issuances by the Company. The Company’s obligations under the Notes are secured by a first priority security interest in all assets of the Company.
The Warrants entitle the holders, at any time during the five year period following issuance, to purchase up to an aggregate of 3,685,714 shares of our common stock at an exercise price of $0.35 per share, subject to customary adjustments including subsequent dilutive issuances by the Company.
https://www.otcmarkets.com/filing/html?id=13516031&guid=-o0xUWWZmOqyxth
Is this thing going sub penny!!?? What a kick in the ??
Just look at this old girl run today!!
$5000 from even. $2 more a share and I’m above water. Let’s go. Lol.
So because day trading caused the price to slip, day trading is a way to forecast the future of a company?
Does that make sense are you so into trying to be right that you just spill whatever you want out as fact.
Maybe sit in your basement and smoke a little more.
Maybe you can predict the moon will disappear and when daytime comes you can say, "see! See!"
Who needs enemies with friends like you
I remember taking a rash of crap on what we tried telling them and how thourough thier research was. Oh, and how Mark can now lead them to unheard of wealth. The bad news is that they aren't even to the end of the quarter yet. At this point Q2 numbers won't really mean much. Zero is still zero. Ah, what do I know? I do feel sorry for anyone that hung in to this point. There will be other deals.
Ouch! Yeah, has turned out pretty badly. I'm still stubbornly holding some shares though. If nothing else, maybe it'll make a good EOY tax write-off.
$6500 down the drain. Worst investment I’ve made in a long time.
JKSM down, but not necessarily out. Time will tell. Still holding some shares...
Looks like the market makers were finally able to drop the price enough to move volume around. Makes day trading possibe but kinda messed with the longs!
Just don't let the day trading make you think the company is no good!
Smart move. Todays close, high until doors close.
Holy shit. I’d say. Not good for the rest of us!! Insider I’m sure trying to get what they can.
Down on heavy volume. Someone dumping their shares?
Like it. Looks like a SOLID agreement. Adams can now move the CO. forward.
8k out. Nothing dramatic. Just agreements related to Davis's departure.
Nice to see some buy packets bringing the price back up after we got rid of antsy pants!
You sure? I saw one packet of 1.00 moved, volume? About 150-200?
That just looks like someone who got antsy after picking their shares up and sold off to put money elsewhere.
Wake me when the volume is heavy and it's dropping
Looks like free fall soon. They lost support to not hit 1. June looks like a bad month for CONVECTIUM
Or whatever my share amount is in gains or loss =P
Good luck to you. Worst case you only lose another $1.10
Take care.
Actual research? Yes the actual research here would be; looking into various designs of similar products and determine how they sell.
There is clearly a market, evident by sales numbers, enough of a market to redesign and customize. As well as CD training, avoiding the cost of the company to pay an engineer to fly (at additional charge)
As well as the increase in consumable sales. This message is in reply to the numbers and 10k. If you were reaching out in a different manor, I'd think you may be telling the truth.
But since first account creation you've only shit all over the company, clearly an agenda, what it is? No idea, don't cars, but don't use rumors that can't be proven to scare the masses unless YOU are not letting something out! Like filing a whistle blower complaint on the company for fraudulent actions.
However you seem to be content on just hashing out rumors and so on!
As much as I'd like to feed you my personal information, heavy sarcasm, I don't think that will happen today! When I'm off work, which today I had car trouble, I tend to visit the boards a lot between my daily going about at home.
So take it however you want!
I expected no less. Just curious, given there is almost no volume in the shares and you are a devote bull, are you adding to your holdings my moving large blocks in private sales?
Proof/pics or it didn't happen bro?
The new machines were announced in December but I haven't seen any with the oil producers yet. Before everyone gets their panties bunched up, I'm not speculating. I work with a number of Cannabis companies that use solvent extraction processes to produce oil. Most of them also fill, cap, and label.
I'm just putting competing technologies into perspective. I don't sell anything to do with filling and capping; only solvent extraction processes.
When you roll in the E-Cigarette players there a number of companies that need high capacity machines. Same oil viscosities, same operating temperatures. Technologies from that industry segment are starting to dominate the Cannabis oil products business. Filling goes beyond just vape pens, they also have to fill, cap, and label micro-vialed products.
These machines fill, cap, and label, using a single machine at a rate of 50 per minute but they do so on a continuous basis versus batch processing. They also cost less. CONV, by design, are batch processing machines.
The CONV talks about 100 units per minute, and technically that's true, but since they are batched it's a bit misleading. You'd also have to factor the time it takes to transition to their capping machine which is also batched. Don't assume that buyers don't understand.
Before you decide to jump all over me again, please understand that I honestly don't care. You can do what you want with the information, ignore it, or call it a lie. It's all the same to me. For those of you that do actual research, I hope this is informative.
Oh well if that's the case every company who makes cart filling machines might as well close up shop!
Silly rabbit misinformation is for politicians!
The new machines have been out since December. Their reputation is so tarnished, people aren’t buying them. How many customers need to fill 100 cartridges in 30 seconds? Answer that question then you’ll realize why this company is tanking.
Yes clearly that is the reason why... Oh wait I was going to say everyone is selling off into the .5 range! But nope, you had a 10¢ drop in price and that's all? Pshhh once the new machines are out, the PR will come HARD
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