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I have owned this stock for fifteen years. It has always been dead money.
F bullshit .... for sure ..
It’s captors ceo said Pr coming out after hours .
I believe u can call your broker and still sell your shares I did ..
i see that the finra notice says captor. do you see something else?
Shows name of company NWT uranium
NOTE: FINRA has posted that Captor Cap Corp.'s stock registration(s) has been revoked, but there is NO SEC Admin. Proceeding to substantiate FINRA's posting.
FINRA error?????????
https://otce.finra.org/otce/dailyList?viewType=Deletions
Ss down 250 k shares
Company bought back
who's selling this when cannabis is about to go federal ?
With the low ss , expecting people start jumping in here ...
Morning
Ready for it. Loaded here. :)
Biden win sends this .50+
Still here , just Being patient ...
Corporate Update / Financial Statement Highlights
19 millionin cash !
Outstanding Shares 38,733,438 09/03/2020
Captor Capital Reports Revenues of $3.67 Million and Gross Profits of $1.25 Million in Unaudited Financial Statements for the Three Months Ended June 2020.
Financial Statement Highlights
During the three months ended June 30, 2020, the Company recorded revenues of $3,767,851 from the sale of cannabis at its retail dispensaries compared to $2,868,679 in the 2019 comparative period.
During the three months ended June 30, 2020, the Company recorded a gross profit of $1,251,336 from the sale of cannabis at its retail dispensaries compared to $341,131 in the 2019 comparative period.
For the three months ended June 30, 2020, the Company’s net income was $2,690,628 ($0.07 per share), compared to net loss of $7,189,142 ($0.18 per share) for the three months ended June 30, 2019.
Net income of $2,690,628 consisted primarily of unrealized gain on investments at fair value $3,442,725 and gross profit of $1,251,336 offset by general and administrative expenses of $1,776,059
As at June 30, 2020, the Company had a consolidated cash balance of $18,493,586 compared to $19,766,334 at March 31, 2020.
The Company had a working capital of $23,537,956 as at June 30, 2020, compared to a working capital of $20,652,754 at March 31, 2020.
Corporate Update
In conjunction with the release of the unaudited financial statements for the three months ended June 30, 2020 the Company provided a corporate update on Captor Retail Group (“CRG”).
Captor and Three Habitat have implemented consistent operational, procedural, accounting, and human resources procedures for the five dispensaries – two Chai-branded locations and three One Plant locations – that are currently being operated by Captor Retail Group under a management agreement between the parties. The legal team put together by Captor Capital and One Plant is in the process of transferring all licenses to CRG. Simultaneously, CRG is proceeding with the construction process on the One Plant Antioch location, which is scheduled to be the sixth CRG dispensary in operation, with an estimated construction completion date of October 2020.
On November 20, 2018, the Company announced it had signed a Letter of Intent (“LOI”) to acquire an entity that has submitted an application pending approval for a cannabis dispensary in Santa Barbara County, California (the “Seller”). Under the terms of the transaction, Captor was to acquire 99 per cent of the equity interests in the Seller. The entity was being sold by an affiliate of Three Habitat Consulting, who was due to receive an aggregate of US $1,300,000 (the “Purchase Price”). The entity originally pursued under this LOI is different from the Goleta location referenced in the media release of August 10, 2020 announcing the formation of CRG. Captor is currently considering strategic options regarding the LOI for the Goleta Dispensary referenced in the November 20, 2018 media release.
Important news releases ... imho
https://www.otcmarkets.com/stock/CPTRF/news/Captor-Capital-Announces-Share-Buyback-Program?id=261087
https://www.otcmarkets.com/stock/CPTRF/news/Captor-Enters-Into-Joint-Venture-with-California-based-Cannabis-Retail-Chain-and-Obtains-a-51-Interest-in-a-Total-of-9-C?id=270225
https://www.otcmarkets.com/stock/CPTRF/news/Captor-Capital-Reports-Revenues-of-367-Million-and-Gross-Profits-of-125-Million-in-Unaudited-Financial-Statements-for-th?id=276804
Captor Capital Reports Revenues of $3.67 Million and Gross Profits of $1.25 Million in Unaudited Financial Statements for the Three Months Ended June 2020
https://www.otcmarkets.com/stock/CPTRF/news/Captor-Capital-Reports-Revenues-of-367-Million-and-Gross-Profits-of-125-Million-in-Unaudited-Financial-Statements-for-th?id=276804
Very good. Like the company.
Just a bit dull right now.
Should get update soon , hopefully new website with dispensaries on it ..
I understand. I'm looking at this much
more closely. This is now high on my list of companies to consider.
have u seen latest revs ? 19nmillion in cash ... and now 51% of 9 dispensaries in cali..... money about to flown in..
This was .50 a year ago
and $10 3 years ago. Seems to me that this could be a comeback play. But, they are losing .64/share. That is a ton of $$$ to be losing every year. Any feedback will be appreciated.
I feel you’re right about that :) Let’s go Cap
So is company buying open market ...
last 5 months weeee
I’m sitting on the bid wishing a MM would bless me
12 m in revenue .....
Who in the +$;#( keeps selling 200 shares to push us down ?
Let’s gooo billy
Tick tock baby ! Heating up
10 4 ... 51% of 7 dispensaries in Cali ..
20 m cash
Lmao smack ask .
bottom feeding tryin to fill, lmfao some things never change amigos....
Captor Enters Into Joint Venture with California based Cannabis Retail Chain and Obtains a 51% Interest in a Total of 9 Cannabis Dispensaries in Northern California
Press Release | 08/10/2020
TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Captor Capital Corp. (CSE: CPTR; FRANKFURT: NMV; STUTTGART: NMVA; USOTC: CPTRF), ("Captor" or the "Company") today announced that it entered into a joint venture (the “Joint Venture”) with California based Three Habitat Consulting Holdco Inc. (“Three Habitat”), which owns and operates a retail chain of dispensaries in California under the brand One Plant®. Captor and Three Habitat have set up a joint venture company called Captor Retail Group Inc. (“CRG”), which will be owned 51% by Captor and 49% by Three Habitat. Under the terms of a contribution agreement entered into between Captor and Three Habitat (the “Contribution Agreement”), Captor will contribute $2mm in cash along with its two Chai branded dispensaries in Santa Cruz and Castroville in exchange for its 51% interest in CRG. Three Habitat will contribute its seven One Plant dispensaries to CRG in exchange for its 49% interest in CRG. Of the seven dispensaries being contributed to the Joint Venture by Three Habitat, the retail dispensaries in Salinas, Atwater, and El Sobrante are licenced and open for business. The locations in Antioch, Goleta, Lompoc, and Palm Springs are currently under construction and are expected to be operational soon.
Adam Wilks, COO of Three Habitat, will assume the role of CEO of Captor Retail Group and will manage the day-to-day operations of all nine dispensaries, as well as oversee the transfer of the dispensary licences to CRG, as well as the construction and licencing of the four One Plant dispensaries that are currently under construction. Mr. Wilks brings more than a dozen years of experience, in the quick service restaurant (QSR) industry having worked with brands including Yogen Früz®, Pinkberry®, Cold Stone Creamery® and Buy N Bulk®. Mr. Wilks currently oversees Three Habitat’s chain of dispensaries and real estate portfolio in California.
“We are thrilled to join forces with such a strong partner that shares our corporate culture. Our focus remains on profitability as well as sustainable growth, as we continue to connect to our customers in a meaningful way,” said Captor Retail Group CEO, Adam Wilks.
Once all dispensaries become operational and CRG holds all of the requisite regulatory licences, Captor will hold an interest in 51% of 9 operating cannabis dispensaries in northern California. To the extent that any dispensary licence is unable to be successfully transferred to CRG, the party who was supposed to contribute the relevant dispensary to CRG under the Contribution Agreement will have their equity ownership in CRG scaled back on a proportionate basis. There can be no assurance that the requisite regulatory approval will be received to permit the transfer of all nine dispensary licences to CRG.
“The acquisition is in line with Captor’s strategy of building a leading cannabis retail, e-commerce, and delivery hub in the lucrative, but less competitive and costly Northern California market. The resulting retail footprint of nine stores will make Captor one of the largest retailers in Northern California,” said Captor Capital CEO, John Zorbas. “We are confident that with Adam Wilks leading our fantastic operations, this acquisition will strengthen Captor’s position as one of California’s leading cannabis retailers.”
Upon Captor and Three Habitat making their contributions in accordance with the Contribution Agreement, Captor intends to move its Mellow Extracts business into the One Plant location in Antioch, California. As such, the licencing efforts in Costa Mesa, California, the current location of Mellow Extracts have been abandoned. It is intended that all extraction and edible making equipment that belongs to Mellow Extracts will be moved into a 10,000 sq ft. space attached to the One Plant location in Antioch. That location is currently zoned to allow cannabis manufacturing and processing, and Captor will commence the licencing application process once the extraction and edible making equipment has been moved to Antioch. Captor will retain 100% ownership of Mellow Extracts and its ownership will not be transferred to CRG as part of the Joint Venture.
CEO of Captor, John Zorbas, stated, “The decision to move Mellow Extracts to Antioch is a strategic one. We wanted to create a centralized hub for retail, manufacturing and distribution that is within a 90-minute drive to majority of the future CRG dispensary locations. We intend Mellow to be a main supplier of oils, concentrates, and edibles to all of our dispensaries and it made sense for us to move Mellow from southern to northern California.”
There can be no assurance of when the manufacturing and processing licences will be received by Mellow Extracts, or if they will be received at all.
About Captor Capital Corp.
Captor Capital Corp. is a Canadian cannabis company listed on the Canadian Securities Exchange, the OTC, and the Frankfurt and Stuttgart stock exchanges. Captor provides recreational and marijuana-based products to consumers, as well as other high demand cannabis-based goods for consumption. The Company follows a strategy of acquiring cash flowing established companies and organizations with growth potential that require capital to scale. Captor currently has a number of revenue generating cannabis assets including the CHAI Cannabis Co. dispensaries in Santa Cruz and Monterey, CA. The Company also owns Mellow Extracts, based in Costa Mesa, CA (launch date to be determined).
Contact
Gavin Davidson,
Communications
Captor Capital Corp.
705.446.6630
gavin@captorcapital.com
Let’s gooo
Os under 40 m
Cash on hand 20 m
CPTR / CPTRF ....
Captor Capital Corp.
https://captorcapital.com/
Float 38,580,000 07/10/2020
( Captor Enters Into Joint Venture with California based Cannabis Retail Chain and Obtains a 51% Interest in a Total of 9 Cannabis Dispensaries in Northern California )
https://www.otcmarkets.com/stock/CPTRF/news/Captor-Enters-Into-Joint-Venture-with-California-based-Cannabis-Retail-Chain-and-Obtains-a-51-Interest-in-a-Total-of-9-C?id=270225
pps >> looks like no shares >> Under the terms of a contribution agreement entered into between Captor and Three Habitat (the “Contribution Agreement”), Captor will contribute $2mm in cash along with its two Chai branded dispensaries in Santa Cruz and Castroville in exchange for its 51% interest in CRG.
partner dispensaries https://shop.oneplant.life/
Grabbed a few this morning. Looks like folks are missing out here.
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