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NUGL is the world’s first cannabis search app built for the people, by the people.
“With an eye for future acquisitions, we believe this restructuring allows us to build shareholder value and progress towards achieving our 2019 initiatives. I look forward to updating our shareholders over the coming weeks with additional information,” added Melone.
NUGL
Nice quote from recent news: “The company is growing rapidly and last quarter we posted record financials,” stated CJ Melone, NUGL founder. “With two successful media acquisitions under our belt, Professional Marijuana Grower and Garden & Greenhouse, and the launch of NUGL MD, we are securing our place in the cannabis sector as a technology leader. As always, we govern our public company structure and operations with shareholder value as a primary objective.
NUGL Magazine covers cannabis industry’s biggest news and how it effects our community. Our global contributors share real life stories about current cannabis issues and events. We share bios, news and advice straight from those who are actively participating in and shifting the cannabis industry. Whether it’s original compelling content or fan submissions we seek to offer you the hippest trends, latest legislation, newest products, and best of everything cannabis related!
NUGL is more than a social media platform: it is a living, breathing community that reflects the diversity, creativity, and independence of the cannabis community that inspired it.
NUGL is an all new technology-based multimedia platform that combines a cannabis search and business directory with social media and networking tools.
The cancellation of outstanding shares of common and preferred stock is an effort to increase overall shareholder value. NUGL
We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more.
That is great to see.
NUGL
NUGL is the only cannabis search app that offers equal and unbiased search results.
Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want.
NUGL
NUGL is the world’s first cannabis search app built for the people, by the people.
“With an eye for future acquisitions, we believe this restructuring allows us to build shareholder value and progress towards achieving our 2019 initiatives. I look forward to updating our shareholders over the coming weeks with additional information,” added Melone.
NUGL
“The company is growing rapidly and last quarter we posted record financials,” stated CJ Melone, NUGL founder. “With two successful media acquisitions under our belt, Professional Marijuana Grower and Garden & Greenhouse, and the launch of NUGL MD, we are securing our place in the cannabis sector as a technology leader. As always, we govern our public company structure and operations with shareholder value as a primary objective.
NUGL
With the result of the cancellation and return to treasury, effective June 20, 2019, the Company will have 41,442,284 shares of common stock and 0 shares of preferred stock issued and outstanding.
NUGL
The Company is pleased to announce it has taken all necessary action to cancel and return to treasury all 10,000,000 outstanding Preferred Shares and 5,000,000 Common Shares effective June 20, 2019.
NUGL
LOS ANGELES, June 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- NUGL Inc. (NUGL), a technology and multimedia platform for the cannabis industry, is pleased to announce the cancellation of outstanding shares of common and preferred stock in an effort to increase overall shareholder value.
The Company positions itself for future growth while building long-term shareholder value
NUGL
As a result of the cancellation and return to treasury, effective June 20, 2019, the Company will have 41,442,284 shares of common stock and 0 shares of preferred stock issued and outstanding.
NUGL
The company announced it has taken all necessary action to cancel and return to treasury all 10,000,000 outstanding Preferred Shares and 5,000,000 Common Shares effective June 20, 2019.
NUGL
NUGL a technology and multimedia platform for the cannabis industry, is pleased to announce the cancellation of outstanding shares of common and preferred stock in an effort to increase overall shareholder value.
I learned another stupid lesson. Read a news story about 2 months ago saying that this stock was ready to take off. Didn't no that meant straight down. I have lost almost half of my investment. This stock sucks.
So I am guessing this is a good thing.....lol
I agree inside audit. How is this over $1 beats the hell out of me. Am I missing something here?
Page 15
The accompanying unaudited condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.
As shown in the accompanying unaudited condensed consolidated financial statements. In addition, the Company is in a development stage, has yet commercialized its planned business and has not generated any
revenues since inception. These factors among others may indicate that the Company will be unable to continue as a going concern for a reasonable period of time.
The Company is authorized to issue 250,000,000 shares of $0.001 par value common stock as of March 31, 2019. As of March 31, 2019, there were 46,088,653 shares of the Company's common stock issued and outstanding.
Financial statements are a joke. Prepared internally, not conforming to GAAP and obviously GAAS, as unaudited. Of course, you know this before investing. Hoping value of tracking and monitoring of weed captures interest of other States and other parties. Not sure if TAN acquisition helped or hurt.
Will Krush exposure on 4/20 result in PPS bump?
Thoughts on earnings anyone?
So NUGL December 31st financials have been uploaded to the OTC now. Interesting they still remain unaudited even though in January Vargas said Marcum was doing an audit.
Vargas must think investors just fell off a turnip truck somewhere.
What a knee slapper!
up 20% since i mentioned
oversold at this level, I am buying today!
"Additionally, it has come to the attention of NUGL's management team that there is a third party or parties marketing NUGL's stock to investors via an online campaign of some proportion. NUGL has not authorized any of the content being distributed and is unaware of who is subsidizing this initiative. NUGL encourages any investor curious about any aspect of the Company to contact us or our investor relations agency directly and to remember that no one can predict future valuations or success for any company including NUGL."
https://www.otcmarkets.com/stock/NUGL/news/NUGL-Gives-Corporate-Update-as-Sales-Increase-3-Months-in-a-Row?id=216948
PUM and DUMP! SELL NOW!
Do you know when this NUGL paid stock promotion was sent out?
thanks
$NUGL Pump and Dump "IMPORTANT SECURITIES DISCLAIMER:
TheOTCReporter.com is a publisher. We have been compensated $5,000 for advertising and promotional services related to NUGL and previously received another $455,320 for services regarding the company that have now expired. We are not registered as a securities broker/dealer or an investment advisor either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. Our Service is intended to provide opinions and analysis of stocks and markets, but is not intended to provide personalized investment advice"
https://www.theotcreporter.com/nugl-front-center-green-rush-becomes-continental-craze/
$NUGL Pump and Dump "IMPORTANT SECURITIES DISCLAIMER:
TheOTCReporter.com is a publisher. We have been compensated $5,000 for advertising and promotional services related to NUGL and previously received another $455,320 for services regarding the company that have now expired. We are not registered as a securities broker/dealer or an investment advisor either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. Our Service is intended to provide opinions and analysis of stocks and markets, but is not intended to provide personalized investment advice"
http://www.theotcreporter.com/nugl-front-center-green-rush-becomes-continental-craze/
Is this another BS penny stock ?? anything real ?
Here you go Misty NO DILUTION!!!
Approximately $540,000 in debt has been converted at $1.44, for an aggregate issuance of approximately 377,000 restricted common stock shares to noteholders of the Company.
He ain't got link, it's made up! lol
"On September 28, 2018, the Company issued a $40,000 convertible promissory note for the period of one year at
8% interest for operating expenses. The company may repay the note at any time. The conversion price is the lesser of $0.001 per share, or 50% of the price of the common stock immediately prior to the forced conversion
date. The maximum allowable conversion percentage is 9.9%. "
PS: Everybody will choose $0.001 per share, this will get so much dillution, so much! This is just 40k$ note, they have 300k$ of this notes, imagine the DILLUITON!
You really need to read those notes!! They convert at 50% discount to the current price. I'm sure some of those notes are converted and gone!!
Looks like this run is about over, ive seen $FRLI on the same page as NUGL and it looks interesting
Nugl.
Looks like this stock has rolled over and parties over ... the cannabis party in Utah and the technicals on this stock looks like it’s going DOWN.... unless we hold this 175-180 support level then it could get back on track... need that High Times news right about now!!!
Last buying opportunity! After this drop going to $$$$$!
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