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Campo has a long history of not filing. This is a done deal. Game over.
Huh? He would have to wait for revocation to file a new Form 10.... which would be closely scrutinized.
Fat chance of it ever being filed...or, if it somehow was, being approved.
Not giving up yet
Good to see your post Migufar!!
Let’s hope for the best. Al we can do pray that NEWC will be back trading as normal.
He’s been saying that for so long, the words have cobwebs on them....
Go lick your wounds and move on like I did - this one’s done :/ Too bad u invested so much. I can see why you’re so emotional over it - JC ought to be ashamed of himself >:-/
JC is shooting to file form 10 with 2015 & 2016 by 10-20-17. This is what he told me via an email. Let's hope that date is meet.
It's sounds good but it doesn't mean anything if our shares are worthless. Any news on the financials? Lifting from suspension ?
The whole cancer cure, Baseball player and the other mining company and even the Europe exchange all felt like pumps to sell shares don't think any of that was legit... But JC had 3 legitimate parties working on the filings.... and the fact that he didn't balloon the A/S and even the current O/S is still reasonable... just makes for a very confusing situation... was this just complacency and laziness? I feel for you yooo and others... Good management and this could have really been something... Maybe he'll do it GLTA
C'mon JC turn this sinking ship around
We received notification of the new site visit, rough translation below. It's a long document stating the history of the application for environmental license. Bottom line, the site visit is rescheduled for October 19, 2017 at 9:00 am. Once the technical evaluation from the site visit is emitted, should be within 2 weeks after visit, we will request the CAR to issue us a temporary permit to begin working. We must submit an LOI for either coal or raw building materials, they should issue us a permit for the term of the LOI, until our permanent license is granted. Construction of the Ruta del Sol has helped access to our site tremendously.
What did he say?
There is no real choice here but to hold. You cannot sell your shares, so all you can do is hold and pray that the stock is re-registered. No reason to bash, certainly no reason to pump.
You hold and you wait.
By the way, I heard from Campo today.
Opti
exactly... Its time to move on. Campo and Gotshalk destroyed this company.
It will be a new ticker and new stock certificates. Campo will just start the whole business all over again. Optics's has and continues to say it is not a scam because of the permits going on with the mine. But I bet Campo has someway figured out how to keep things like this going without having any real intentions to complete any of it. Endless financials blew his cover.
What's the point? Some of us are down 6 figures plus. What's the objective of beating a dead horse? The fact is to this point everyone has been right except the shareholders who believed in the company's potential and the ability of JC to get NEWC current with financials. The non believers have been 100% accurate as of now..
Not trying to bash you here Yooo, but NEWC is shot in the ass buddy.
The business might be continuing, but this ticker has had it.
No way they float 2.5 years worth of fins to an SEC that already has them under a microscope and suspended.
IMO of course, but I trust my odds over any NEWC comeback notions.
GLTY Yooo
The current financials is the only thing that will confirm what we believe.. Until then we are suspended
Wow very impressive
NEWC has its problems, but it is not a scam. A scam is not a real company. NEWC has a real mining site with a verified permit application in proce process. This has been verified by the CAR.
Opti
Remember when I posted this on 3/27/17 and people called me foolish? Bahaha
" This company is a scam and a typical OTC junk stock. I'm sorry to all that I ever said anything positive about NEWC. At this point I can guarantee that NEWC will never see above .02 again. Yes, that's right, I'm saying guarantee, even in a market where nothing is guaranteed. NEWC is DEAD. "
JMO 3Dogs, but should Sannabis ever happen to find its way to the OTC and shares can be bought in the trips, I would buy in the trips and flip on the spikes. I would not play long though, especially if Campos is involved.
I do believe Sannabis is a great idea, just not with any type of NEWC involvement.
Best trades to you
This is the first penny stock I've owned, but man is this thing complicated. Is he filing paperwork /is he not, does he still own shares/ does he not. Does rentaria still own shares?
I do believe in Colombian weed, but I put more in the competitor (private). Been reducing this position, but to keep or close?
I also received a reply from John. 8k and progress. Should be going again very shortly. I'm actually believing that his dreams and efforts will pay off big time. :)
That is highly likely. Bruce keeps spending money with no income. The stock keeps plummeting with no sales or customers in sight. This is a scam!
That's another lie from sCampo.
I still receive email updates from John Campo. The company operations continue to move forward. Meeting with the Environmental Agency today to reschedule the mining site visit. Also continuing to search for mining partners.
Opti
http://marijuanastocks.com/15229/
New Colombia Resources will begin marketing Sannaxhol in the U.S. with retired Colombian Major League Baseball World Series MVP, Edgar Renteria, also a shareholder of New Colombia Resources, Inc. Mr. Renteria’s was chosen by MLB to manage the World Team during this year’s All Star Week in Miami. This platform will be used by New Colombia Resources to launch Sannaxhol, an effective anti-inflammatory pain product, in the U.S.
could be bankruptcy in the future.
Supposedly Campo bought a rock crushing plant from ER. Campo worked out an agreement to pay for some if not all the cost in restricted shares given to ER. This was one thing I thought about because is ER too rich to care about his money or will he come looking for Campo...
yes, for instance if renteria owns shares.
Big risk for the "insiders" involved if NEWC stays suspended and Financials are not released IMO
Thoughts?
I think we are all curious if it really did happen.
if there was an ad it would have been for the denver market only, where weed is legal. a search of all the usa today sites does not come up with anything for
USA Today Special Edition Colorado Rockies Preview
I do remember a poster saying they had actually seen the ad. So hopefully they weren't making it up for what it's worth.
I searched months back for a picture
remember, it wasn't the usa today. it was
USA Today Special Edition Colorado Rockies Preview
i have no idea if the ad ever appeared.
I searched months back for a picture of it but never found one. I would assume that NEWC was mentioned in the ad since in one of the 80 PR's, emails, etc from Campo it said NEWC owned 51% of sannabis.
New Colombia Resources Inc. to Advertise Sannabis Medical Marijuana Products in the 2017 USA Today Special Edition Colorado Rockies Preview
First Time USA Today Allows Advertising from Medical Marijuana Companies
BARRANQUILLA, COLOMBIA--(Marketwired - Jan 3, 2017) - New Colombia Resources, Inc. ("the Company") (OTC PINK: NEWC), a Colombian natural resource company listed in the U.S., is pleased to announce they have reserved a spot in the USA Today's 2017 Special Edition Colorado Rockies Preview to advertise Sannabis' SANNAXHOL Pain Cream topical product made of cannabis sativa flower and other all natural ingredients native to Colombia. This cream has been tested by a licensed medical marijuana testing facility in the U.S. and shown to have minimal traces of THC, which can be imported and sold in the U.S. To view the cream, visit ....
http://www.marketwired.com/press-release/new-colombia-resources-inc-advertise-sannabis-medical-marijuana-products-2017-usa-today-pinksheets-newc-2185943.htm
Does anyone have a picture of the edgar rentaria ad that is mentioned as in USA today?
https://seekingalpha.com/instablog/40148096-cowmumble/4981269-cannabis-coal-risk-speculation-newc
www.otcmarkets.com/stock/NEWC/news
The company is focused on bringing cannabis products into the US market, starting with a muscle ache ointment that it believes can be exported into all 50 US states. It has partnered with Colombian native Edgar Renteria, a former American Baseball World Series MVP, in marketing the product. A recent advertisement for the product appeared in the publication, USA Today. For more information here's a link to company website:
newcolombiaresources.com
JC mention he was a "shareholder"
When one is standing over an abyss peering inside while hanging over the edge,this is not the time to ponder how the abyss was formed or wether or not the abyss will ever fill itself again ,the point is mute. Move away from the abyss before it opens even wider and engulfs you sucking you into the pool of darkness. Trade Well!
Rentaria was representing SANNABIS, not NEWC.
Many fools who come together are poor counsel.
There is a risk to that.. not only for JC but for Edgar Renteria who was a shareholder and was pushing the product. Does Edgar who probably sold shares and made money on sale transactions before the SEC suspended NEWC want it to be known as part of a fraudulent company? If so, this can tarnish his reputation. IMO
lol. what money does the sec "walk away with"?
So, you're saying the SEC in collaboration with Campo has been handed a license to walk away with the shareholders money without any accountability as a aresult of the revocation. Who does the SEC discipline in that scenario?
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On November 30, 2016 the Company received a letter from the United States Securities and Exchange Commission Office (the “SEC”) of Enforcement Liaison Division of Corporate Finance which informed the Company that it was not in compliance with its reporting requirements under the Securities and Exchange Act of 1934 (the “Exchange Act”) and that, as a result, the Company may be subject, without notice, to an administrative proceeding to revoke its registration and suspend trading in the Company’s stock. The Company has not filed the required reports as of the date of this report, however it intends to file such reports as soon as possible. Nevertheless there can be no assurance that trading in the Company’s stock will not be suspended by the SEC at any time. Company counsel is in communication with the SEC staff with respect to this issue. - Signed by John Campos, President 8/4/17
https://ih.advfn.com/p.php?pid=nmona&article=75388386" rel="nofollow" target="_blank">https://ih.advfn.com/p.php?pid=nmona&article=75388386https://ih.advfn.com/p.php?pid=nmona&article=75388386
“I share my shareholder’s frustration,
but at this point I have to let the auditors do their job.
All I can do is give them what they ask for, which I have.
I was told for the past two weeks we would be done the following week.”
John Campo CEO - March 9, 2017
https://insiderfinancial.com/heres-what-really-matters-about-the-latest-new-colombia-resources-inc-otcmktsnewc-release/120027/
NEWC IS DELIQUENT IN IT'S SEC FILINGS
+
Corporate Profile
New Colombia Resources, Inc. is focused on the acquisition and development of high-quality metallurgical coal properties in the Republic of Colombia. We own 100% of La Tabaquera coal mine in Guaduas, Colombia with an estimated 15- 17 MM tonnes of reserves, 70% metallurgical and 30% thermal coal. SGS Colombia S.A. completed a drilling program for an N.I. 43-101 Technical Report; once financing is secured we will implement the program. Our Mining Plan of Operations (PTO) was approved on December 23, 2013. In April 2014 we applied for an environmental license. We expect to begin mining operation in August 2015.
New Colombia Resources also has a medical cannabis business in Colombia operating as Sannabis SAS. Sannabis is a partnership between New Colombia Resources and others including members of the Nasa Indian Nation of Colombia. Medicines are legally produced on the Indian reservation and distributed throughout Colombia. Sannabis enjoys first mover advantage in Colombia and aims to provide the best medicine with scientific evidence available in Colombia and
Investor/Media Contact
John Campo
President/Chairman
1-410-236-8200
Email: jcampo@newcolombiaresources.com
Registrar and Transfer Agent
Standard Registrar and Transfer Company Inc.
12528 South 1840 East
Draper, UT 84020
Phone:(801) 571-8844
Fax: (801)571-2551
O/S 723,990,644
RS 180,820,644
Float 543,169,876
http://www.otcmarkets.com/stock/NEWC/news
New Colombia Resources Inc. (“New Colombia” or the “Company”) is a publicly traded resource company listed on the OTC under the symbol “NEWC”. The Company is focused on the acquisition and development of high quality metallurgical coal properties in Colombia, considered one of the most attractive emerging markets. With an estimated US$378 billion in gross domestic product in 2013, it became the third largest economy in Latin America and is growing 4% to 6% per year. Colombia has the largest coal reserves in Latin America and is the fourth largest coal producer in the world. Total coal production decreased by 4% in 2013 to 85.5 million tonnes. Coal producers aim to increase coal output in 2015. Colombia privatized its coal sector in 2004 and is committed to investing in infrastructure to support increased mining.
We are focusing on our La Tabaquera coal and rock project (the “Project”) located in the Municipality of Guaduas, approximately 100 kilometers northwest of Bogota. This Project’s haul roads are easily accessible either by National Highway I-50 or the new Ruta del Sol. The property is within 50kM of the Magdalena River, providing easy transport to terminals in Barranquilla, Santa Marta or Cartagena for export. The Magdalena River is being dredged to allow cargo from La Dorada which in close proximity to their mine.
Recently we purchased a rock crushing plant with processing capacity of over 100 m3/hour of aggregates which is expected to be operating in by August 2015. Demand is strong for building material in Colombia since many illegal mines have been closed as new construction and infrastructure projects come online. Construction of the final sector of the Ruta del Sol road project was approved to begin. It will consist of tunnels and bridges within 5 kilometers or our coal and rock mine. This allows us to supply road builders with aggregates, and then use these roads to move our coal to export terminals. We intend to fund our coal operations with the cash flow generated from the sale of processed aggregates.
An “Estimate of Probable Reserves and Grantable Potential of Coal at La Tabaquera Mine” report was prepared on behalf of New Colombia in September 2011. The report estimated reserves for La Tabaquera Project of 13,073,935 cubic meters for a total of 16,996,116 tonnes of bituminous coal (non JORC compliant), with 70% being metallurgical hard coking coal and 30% thermal coal.
Based on the high quality of our coal, we expect to sell at a premium to other domestic coals. We believe our mines have Blue Gem coal, only found along the Kentucky Tennessee border in the U.S. and Colombia. This coal is unique because of its low ash and high carbon content. It is in high demand for the silicon and silicon based alloy market. Beginning in 2015, New Colombia will concentrate tunnel mining its hard coking coal seams first. The Company expects to mine 20,000 tonnes of hard coking coal per month.
We own the mining title and land where we will commence operations. Our Mining Plan of Operations (PTO) was approved in December 2013 by the Agencia Nacional de Mineria (ANM). In April 2013 we applied for an environmental license which we expect to be issued soon.
https://finance.yahoo.com/news/colombia-resources-announces-sannabis-subsidiary-123000253.htm
CALI, Colombia, April 21, 2016 /PRNewswire/ --
New Colombia Resources, Inc. (NEWC), a U.S. company with natural resource assets in Colombia is pleased to announce that its subsidiary, Sannabis SAS, has received a multi-million-peso purchase order from doctors of a well-known hospital foundation in Medellin, Colombia. This 100-year-old foundation has a University Hospital, Children's hospital, and an Institute of Medical Technology.
These doctors will offer medical service visits introducing Sannabis products direct to patient's homes. Medellin's urban area is Colombia's second largest with a population of over 3.5 Million people. Sannabis products are well accepted in Medellin therefore the company is focusing a strong sales effort in this region and plans to open addition distribution points.
Sannabis is very pleased with the testimonials for their Climax female lubricant product which they private labeled for a distributor in Colombia. We congratulate the distributor with the success they've had in creating a niche market for this lubricant made with our 100% organic cannabis sativa extract and coconut oil. According to this article in Colombia's leading newspaper, El Pais, the distributor surveyed 50 women that used the product with favorable results, which is evidenced by their re-order. Sannabis has received a second bulk order from this distributor.http://www.elpais.com.co/elpais/cali/noticias/spray-sube-deseo-sexual
In addition to their original Sannabis brand products, and due to Sannabis' position as the only legal mass producer of medical cannabis based products in Colombia, the company is working with entrepreneurs that want to develop brands and market medical cannabis products. This is in line with their plan of being mass producers of high quality 100% organic cannabis extract, while maintaining the top brand in the industry, Sannabis. Although the media gives the distributor credit for developing the product, it was developed, produced, and bottled by Sannabis.
Sannabis is working with an in-house distributor that will mass market the Sannabis Climax brand female lubricant spray to a different demographic with different price points and presentation so as to not directly compete with private label partners.
CALI, Colombia, April 20, 2016 /PRNewswire/ --
New Colombia Resources, Inc. (NEWC), a U.S. company with natural resource assets in Colombia, is pleased to announce that its subsidiary, Sannabis SAS, has received orders from an established pharmacy chain distributing natural products in southwest Colombia.
Natural Pharmacy chain Salud Semillas, a leading distributor of natural products with an established customer base in southwest Colombia, has placed an initial purchase order and developed a marketing plan to generate strong sales. In addition to having stores in upscale malls and shopping centers they also sponsor a morning health talk radio show to discuss their featured products. The show targets an area of 350,000 people and attracts 25-35,000 listeners daily from 8-8:30 am. Salud Semillas' marketing plan for Sannabis products includes radio talk shows, telemarketing group, internet sales, newspaper ads, and a direct to customer health magazine called "Buena Vida" which is distributed directly to thousands of customer's homes monthly by Salud Semillas' trained personnel in strategic neighborhoods. For more information on Salud Semillas visit http://www.saludsemillas.com. Their radio show is also broadcast in Spain, France, and Germany as well as online. To listen to the show tune into http://emisora.univalle.edu.co.
"After 20 years of hard work developing high quality medical marijuana products in Colombia, I'm pleased that we were finally able to establish a mainstream market, our orders are coming in droves," said Juan Pablo Guzman, Director of Sannabis in Colombia.
Dr. Robert Melamede Ph.D., scientific advisor to Sannabis and New Colombia Resources, is now in Dubai as a guest speaker at the World Congress on Oncology and Radiology held from April 18-20. He presented at the Novel Approaches to Cancer Therapeutics session. Dr. Melamede is a world renowned expert of the body's Endocannabinoid System and can easily educate world leaders on why cannabis cures and relieves. Dr. Melamede has firsthand knowledge of the effectiveness of Sannabis products in South America and is helping the company establish relationships and purchase orders with Middle Eastern countries. "The cannabis awakening is spreading across the world. The scientific knowledge of the unique healing powers of this plant are now known by more and more people around the world. The truth can no longer be suppressed by ignorance," stated Dr. Robert Melamede, Scientific Advisor to Sannabis and New Colombia Resources.
"In anticipation of having an approved export license, our approach to the international market is simple. You know cannabis cures but you don't want the hurdles of growing marijuana. Our region has grown the best medical strain for generations, we can grow and manufacture the highest quality 100% organic cannabis products for you at the most competitive cost possible. Colombian entrepreneurs are creating a new industry for the legal international medical cannabis and industrial hemp products market and we're proud to be a part of it," commented John Campo President of New Colombia Resources Inc.
Share Statistics | |
Avg Vol (3 month)3: | 206,075 |
Avg Vol (10 day)3: | 18,756 |
Shares Outstanding5: | 154.34M |
Float: | 118.09M |
% Held by Insiders1: | 23.49% |
The results are available on the Coal Specifications page of the company's new website, http://www.newcolombiaresources.com.
SGS is the world's leading inspection, verification, testing and certification company. They are recognized as the global benchmark for quality and integrity. With more than 75,000 employees, they operate a network of more than 1,500 offices and laboratories around the world. Their core services can be divided into four categories: inspection, testing, certification, and verification. For more information visit http://www.sgs.co/en.
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