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Nice volume today, reversal finally happening
Small float with no dilution and upcoming Nasdaq IPO spinoffs planned. Press Release coming soon. Good swing potential
Monday slaps to over 2 cents again. This will the channel until revenues stream in.
If this actually happens, this will be huge. Sibannac, Inc. to Enter into Manufacturing Agreement with Major Extraction Partner for Onsite Oil Production" :)
Omitted in the "news"...strange, indeed
So how do spinoffs benefit the SNNC shareholders? :)
Outstanding has not changed in the last couple months...unrestricted increased by just 1M in that timeframe...overall a fantastic sharestructure
January 03, 2024: Newsfile Corp. - Sibannac, Inc., a Nevada corporation (the "Company"), announced the following:
Through our wholly owned subsidiary The Campus Community, Sibannac will begin to spin off certain brands and companies who are past the startup phase and ready to file an S-1 registration to complete an IPO in their own name.
These relationships with these target companies have been initiated through various sources, including Lifetime Branding, through our marketing partner Eric Stoll. These have standalone capabilities and existing revenues and are fully vetted through the Campus' incubation process. We are completing due diligence on various institutions to arrange and manage the offerings and to also uplist SNNC itself, however the new IPOs do not depend on SNNC's status.
The plan is to have fully audited candidates who will be able to trade immediately on the NASDAQ. As an extra benefit to our existing legacy shareholders, we will make available the opportunity to subscribe to the offering making it possible to invest at the same price as the broker dealers.
From now on the Campus Community will operate in form and function as a merchant bank and may opt to file under the 1940 investment act. This process is the outgrowth of our long-ago announced mission to mentor, manufacture and merge these organizations.
"We love this model because it prevents direct dilution to Sibannac shares, but adds value to our balance sheet by consolidating operations and giving the company the resulting investment equity in the spin-offs. That should be a boon ultimately to Sibannac's share price," said David Mersky, Sibannac's CEO.
The Kavern
The Kavern is Sibannac's first retail Kava/Kratom bar and is located in Scottsdale, Arizona. The buildout is complete and the bar is being filled with inventory and a soft opening will be announced shortly. Located near the heart of Scottsdale's bustling, Old Town district, the Kavern will offer Kratom beverages, tinctures and capsules. It will also offer pre-packaged goods, including hemp-derived - legally compliant - Delta-9 THC gummies and beverages, our flagship Hangover remedy NOHO, unregulated mood-altering mushroom varieties - like Amanita Muscaria - as well as a line of natural supplements. Most of the inventory will be produced and packaged in our Scottsdale-based lab at Sibannac's headquarters, just minutes from the Kavern.
After initial evaluation of the sales results and operations, the Company plans to open additional locations in Scottsdale and nearby Phoenix, creating a local hub to maximize production and operational efficiencies. Arizona is an ideal market to launch retail Kava/Kratom bars and lounges, given particularly beneficial age demographics in addition to enacting the Kratom Consumer Protection Act, which provides consumer confidence in the product's safety, thereby encouraging new entrants to the consumer market. Kratom is already over a billion-dollar industry and is still in its nascent stage. Sibannac seeks to be a leader in the space, which boasts an estimated 3-5 million regular users in the U.S. alone.
Functional Foods Category
While the NOHO shot has received excellent feedback for its efficacy, the Company is evaluating a line extension in the functional foods category. In addition to addressing the effects of alcohol on the body, there are compounds coming to market that aid in the metabolization of alcohol itself, reducing the overall blood-alcohol level in the system over a specified time period.
The Company has had preliminary discussions with one such developer whose proprietary compound has been clinically tested and proven to reduce blood-alcohol level. The intent of the Company is to secure a licensing or similar agreement with a developer to formulate the current NOHO shot that incorporates this functional foods technology. This product would allow the Company to make claims consistent with testing results and provide increased flexibility in packaging and marketing under the existing regulatory environment.
About Sibannac
Sibannac, Inc. (OTC Pink: SNNC) is a Nevada corporation founded in 1999 and located in Scottsdale, Arizona. Sibannac currently specializes in creating and selling premium next generation wellness products in the consumer packaging goods space. In addition to mainstream supplements, the Company is producing Kratom and Hemp-derived Delta-8 THC products for wholesale and retail sales and distribution. The company operates an FDA registered, food-grade facility that is fully cGMP compliant and is vertically integrated, with product design, manufacturing, sales and marketing, all under the Sibannac umbrella. Sibannac provides contract manufacturing and white labeling services for independent firms and creates and manages its own brands from the concept phase through to distribution. Sibannac has opened its platform to outside clients to offer its marketing and brand-building assets, through its wholly owned subsidiary, The Campus Co., led by Eric Stoll, Sibannac's Chief Marketing Officer. The Campus is already providing services to leading wellness brands.
More from Sibannac - For additional information and product updates, please follow us at The Campus Co. and follow us on Twitter at www.twitter.com/sibannacinc.
Media Contact: IR@theCampusCo.com
I exchanged a couple of emails few years back with Mersky. (David@nohodrink.com) He responded but with one -liners and thank you. Thus, I assume he might also respond to the email (david@snncinc.com) listed for SNNC on the OTC website
unlike the drnk shareholders this stock might have a future 😐
Mersky royally screwed the drnk holders. No snnc dividends given as promised , no communication from new management since taking over, drnk no longer pink current.
Anybody have contact info for David Mersky? please share
That's chicken feed needed to line up what's to come. Also the share count is very small compared to most. :)
Unrestricted now 50M = up from 29M in just 8 months. Insiders need to stop converting.
Outstanding up from 68M to now 109M
In earnest I do believe that mid term this is going to create massive revenues and that the CEO, a former patent attorney, knows how to proceed with the business layout. Call anything between a penny and two loading zone...we are right in it. I added just 40k today but generously added on dips in the past. Happy New Year
Ask Mersky if i) the operating expenses keep growing, ii) still no revenue will come in through NOHO and iii) the OS starts to elevate...if the answer is not no then the loading zone will be lower and possibly for the the whole next quarter so :) Happy new year
Will Jan be the loading up zone? :)
Expect some year end tax write off sells until the 29th, since plenty of shares were bought mid 2023 for up to 5cent.
Wow, red to green in a hurry. Someone knows somethings coming.
While we expected booked revenue, they just announced revenue to come in the future. Surely, the pps returns to baseline until further notice. No surprise here
SNNC New product can reduce your blood alcohol levels, huge news https://www.otcmarkets.com/stock/SNNC/news/Sibannac-Inc-Provides-Distribution-and-Formulation-Updates-for-Its-NOHO-R-Recovery-Shot?id=425154
Sibannac, Inc. $SNNC
@SibannacInc
·
1h
News on our NOHO shot coming Tuesday. Happy Friday!
Wake me up when that happens. :)
I found you a Death Cross on the daily chart of Sibannac Inc.
— Penke Trading (@PenkeTrading) December 6, 2023
$snnc #snnc #DeathCross #bearish #pinkhttps://t.co/XkyXrEaaCm pic.twitter.com/ofipFjJmF4
No change in OS in three months (compare to bottom of my previous post) btw:
Authorized Shares 300,000,000 12/04/2023
Outstanding Shares 109,649,538 12/04/2023
Restricted 59,391,497 12/04/2023
Unrestricted 50,258,041 12/04/2023
Held at DTC 45,955,233 12/04/2023
I think tomorrow will be exciting, VZ reseller
Agreed! Lets see some now and the big revenue wave later
The annual report is coming out in the next days (in the past just short time after notification of late filing). If it shows already revenue this goes uppppp. If not yet, we stay where we are and still good. Its a win/win!
$SNNC these acquisitions need to be consolidated at year end I bet that's the hold up. Just give us a hint of the current revenue run rate.
$SNNC will be reporting their 10K this week, should see signs of Rapid Revenue growth in it.
The volume is nice (not too small and not to big to hinder accumulation at these lows) but we need more cabbage for the CEO :)
goal is 2m...1m to be sold between 3 and 6 cents...holding the remainder for when markets go wild again (1+ years) OR SNNC proofs to generate serious revenues and pps moves up (10cents+) accordingly...it will come
rubbing my hands...added 190k today
$SNNC great update don't forget their 10K is due by end of month, that should be the first picture into their recent revenue growth.
https://t.co/5xE9CTldZk
Get him a can of cabbage. That should get him started. :)
Nice entry. One fart from management and its between 2 and 5 cents again
Website updated!
https://snncinc.com/about-us/
https://snncinc.com/
with subscribers option now
OS unchanged!
Outstanding Shares 109,649,538 10/25/2023
I could get used to a 50% gain per day. How about you? :)
L2 looks very reasonable now. SS unchanged. This can and will climb quick
L2 looks very reasonable now. SS unchanged. This can and will climb quick
Another loading opportunity...nice! Expect tomorrow/EOW to be rather up than down :)
$SNNC still trading low volume compared to its 10-day average volume as we head into the close... but UP almost 44%! 0.03s coming soon.
$SNNC up nearly 32% within the first hour on decent volume...
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