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Dear Mr. pjmorin20,
It sounds like you did your DD and have come up with several concerns. These concerns have been address by BigBri and as for as I can see his information is accurate. If you are that concerned than don't invest in SCNA. If your not going to invest than you shouldn't be on this board with negitive vibes. Since you have been on this board the stock has made a downward turn. Either S**t or get off the pot!!!!
This is not to start a posting war. Just my opinion.
Your Friend Dongee!
SCNA Long and Strong
Link to Smart Cannabis Inc. Website is below.
https://smartcannabis.com/
Screenshot from Smart Cannabis Inc website. Note who is CEO and COO. I lean towards the actual site for the company to see the list of officers. If others choose not to that is their choice. As always... Your money and your investments. Do what is right for you.
https://imgur.com/a/GrdEX
Although I agree Bloomberg is commonly known for having good info there are cases that the info is not correct. Especially companies that trade publicly on the OTC. I would suggest contacting the company. Info to do so is on the website. I always get info from the companies I’m investing in and not 3rd party websites. That’s just me and my opinion.
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the name Juan Murga
If you google the name ...the 6th results is a link to bloomberg:
https://www.bloomberg.com/profiles/people/19783600-juan-carlos-murga
I will assume that the information is incorrect as far as him being listed as CEO of SCNA. (although it was clearly updated at least as recently as sept 2017)
HOWEVER.... again..these ties to Zerez and DRMC.
You say they have no ties...but just by saying it doesnt make it so. I am offering evidence and paper trails that suggest there ARE ties.
if there are no ties....where is bloomberg getting their information? They are a pretty reputable name.
About Definitive Rest Mattress Company: Definitive Rest Mattress Company is an Oklahoma corporation with its headquarters office located in Corona, California. The Company previously engaged in the manufacturing and sales of mattresses. In 2015, the Company has embarked upon a change of business direction into the Aerospace and Industrial Metals Sector Please visit http://www.numetalstech.com/.
The mattress company you are mentioning was called Definitive Rest Mattress Company and traded under stock symbol DRMC before becoming ZRZH and has no ties to SCNA's current management team. DRMC's CEO /President was Juan Carlos Murga, was based out of Southern California and was founded in 2009.
Zerez Holdings...
Thank you for your response.
I do believe, respectfully, that you are incorrect that ZRZH has no ties to SCNA. The paper trail is right there. Look at the mailing address on their own homepage..not their offices..but of the utah address. Its the EXACT same address on filings from zerez aka that mattress company from 2, 3 years ago
I will also add....while this does concern me...there are 2 ways to look at this. First..these guys jump into a business...try and make a buck and jump ship when it doesn't work. Realistically...is that any different than what we, as investors, do? Just on a different sized scale. So if that is the case...did they finally find a winner in the pot sector? if that IS the case...then while its not the most noble of business strategies...at the end of the day..i am here to make money.
However, if they were directly involved with these email pump and dump schemes on their previously owned businesses' ...and whether or not financial reports are legit... then obviously, would not merit any further consideration.
I do sincerely hope that is not the case. I shall continue to do my DD until i am satisfied with the information, one way or another. All the (potentially, in my eyes) shady business history dealings aside...SCNA/next gen farming... they certainly seem to have a legitimate business with revenues, profits, and cash on hand.
(and the 10 billion shares thing...again...it is right there in the press releases. there may only be 6B outstanding... but the par value is still based on 10 B shares. even if it is 6B ...still why so many...lower that ratio and drop a couple decimal points in the par.... )
Again, I appreciate the response and look forward to continued discussion.
ZRZH was a shell. That shell was bought by John Taylor. Management applied for a name and cuspid change this past year. ZRZH from before Nov. 2016 has nothing to do this the company or SCNA.
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SCNA was formally under Zerez holdings. The ticker was a shell at that time. John Taylor and Don Smith started Next Gen Farming and purchased the shell which at that time was a mattress company on paper. Had and has nothing to do with Smart Cannabis (SCNA).
The SS is not 10 billion. It is 6 billion. Most of which is owned by management.
The name search on John is something I would have to research as I have not seen this but also have never heard that name before either.
I have been invested here for awhile and continue to build my position. The management does not release fluff PRs. Research on PRs will show this is true. The company was profitable after its first 90 days. Company went public on Nov. 2nd, 2016. Since then the revenue and profit was increased quarter over quarter. Client base is increasing and they are also achieving repeat client purchases.
Feel free to look at my post over the last 14 months. Info within those emails may be useful to you. My opinion.
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follow up comment...
sorry forgot to add this from something i came across from 2015..which ties into zerez holdings and this DRMC...
The company just announced in September a major name change to ZEREZ Holdings (www.zerezholdings.com).
The new ticker symbol is soon to follow..
Earlier this year, DRMC announced its new business direction into the Machine Tool and Metals Industries and related sectors with and emphasis in Aerospace, Commercial, Industrial Manufacturing, Distribution and Sales.
this is the same company!!! this is concerning.
Looking to invest in SCNA....
However I have some red flag that raise concerns for me.
And let me get this in the clear right away: i am NOT here to bash this stock. I am here for information, because the more I dig...the less confident i am. They seem to be a REAL company doing REAL things..
my concern is their involvement with zerez holdings. They have been involved with multiple pump and dump penny stock scams and routinely change business directions. I am sure there are more than 1...but just one company i found... DRMC ..no longer around...
this weird name 'juan murga' keeps popping up ...if you click on a google hit of 'juan murga' profile on linked in.... up pops john taylor
Interesting too...that DRMC ...they originally issued 975 million shares at 0.0001 par value
SCNA? 10 billion shares at 0.0001 par value
same address attached to both companies..some 'action stock transfer' in Utah.
and why are there typos in their 'about us' page? thats inexcusable.
Again..not here to bash..if their numbers are legit...its exciting and i want to invest...but this worries me
Thanks in advance if anyone has insight!
They have been putting out there financials right on time.
I picked up 95,000 shares yesterday and another 70,000 just now.
The next PR to come out from this company should be about the completion of the 18 greenhouses in Yolo, the increase in revenue and projects in the pipeline. It should be very, very positive, and will spike this stock. I am buying some more in anticipation.
Forget iHub, it doesn’t get enough volume!
This stock doesn't get the attention it deserves on ihub.
Yes there is a gap between the bid and ask. Still believe it’s being shorted here. Buy the dips folks.
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I wondering if the project in yolo county is near completion, hope to get an update on that soon.
Nice post on Smart Cannabis FB page. As an investor I want to thank the team that is making huge strides in growing a company I am invested in here. Real company, real management, real products and real revenue.
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Link below:
https://smartcannabis.com/2018/01/13/happy-new-year/
Very nice. Add those dips every time.
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Hi BigBri! I picked up another 13,000 share yesterday on the dip.
Good read! Nearly 70 U.S. representatives signed onto a letter sent Friday to U.S. House of Representatives leadership.
http://www.thecannabist.co/2018/01/12/congress-protect-marijuana-mcclintock-polis/96679/
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How are you BizManCali? Take a look at the trade screenshots I posted a little bit ago. Very few sells.
Long and Strong!
A buying volume surge could catch the one or ones shorting with their shoes off. Could get very interesting if they need to chase to cover.
Have a great weekend.
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Probably some taking profits.
Current L2.
https://imgur.com/a/MSzaO
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Stock is still being shorted.
Small sells to push it down. See screenshots of trades today.
https://imgur.com/a/qxA4G
https://imgur.com/a/FwRCo
If you are selling Do Not Sell on the Bid. Put the sell order in on the ask.
Hold the line. Don’t let them shake your shares. If you are buying slap the ask and we move back up.
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Wonder why we are down so much today. Is the L2 killing us?
GO SCNA
That's the color we like!
Right on. No worries
Success! Such a simple fix. Thank you for your troubleshooting idea! I didn't even figure that was an option as I ASSumed it would do that automatically when I uninstalled and reinstalled.. thanks again!
Really good news! So many good things happening here!
Perk, I can't even see your response.. just the first line. lol
I still can't see any posts! Getting a little annoying! ugh..
Had same problem all day yesterday. There was an update for app and ran fine since updating.
Good NEWS!! SCNA generates their own app for their clients that they charge a subscription fee for! 15 clients already getting setup within 45 days! GO SCNA!!!!
http://markets.businessinsider.com/news/stocks/Smart-Cannabis-Corp-Gets-Green-Light-to-Publish-its-SMARTAPP-Agriculture-Automation-App-in-Apple-App-Store-1001999219
I can't read any posts since yesterday morning. Anyone else having that issue? I can see them, but when I click on them, they come up blank.. I've tried force stopping the app and even uninstalling, then re installing. Ugh...
All good companies will have dips along the way. We should move again after the Q4 comes out.
SCNA is just getting started in my opinion. Either you have the patience and know what you own or you don’t.
We have seen some nice movement and gains. A little consolation is a good thing.
Everyone has the ability to make their own decisions.
GLTU
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Solid steady stock. This stock acts it has a job. Stock comes to work and clock out everyday. Just solid green days.
Good lookin out bri... feels good to hold through those stagnant months until their plans came to fruition
L2 screen shot for those that may not have access.
https://imgur.com/a/shYtv
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Excellent article out this morning featuring CEO John Taylor and Vice President Don Smith.
https://www.einnews.com/pr_news/425799036/smoke-from-sessions-order-should-not-cloud-task-ahead
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"How does a self-funded company go from a start-up to a profitable, self-sustaining business in 3 months?
The answer dates back to post-World War II Japan. Faced with limited cash, space and natural resources, Japanese manufacturers adopted a different approach. They made smaller factories and house only the raw materials needed for the day's production. Combined with a focus on eliminating waste, a strategy later known as Just-in-Time manufacturing was born.
In the late 1940's, Toyota adopted this strategy into it's Toyota Production System. Using the efficiency of just-in-time manufacturing and focusing on removing wasteful elements in manufacturing, Toyota grew from a small auto company to the world's largest automaker. In the process, they paved the way for what is now called Lean Manufacturing.
Nobody knows more about first-hand implementation of Lean Manufacturing than SmartCannabis President, John Taylor. Interested in how manufacturing companies were improving their operations, Taylor travelled to Europe several times and studied the operations at one of the world's largest machine tool providers, the Trumpf Group.
The Trumpf Group created very high quality tools, but with over 10,000 employee and no systemized production system, they faced delays and excess inventories. Trumpf began implementing the principles of lean manufacturing and it was dubbed the Synchro production system. Taylor watched as department after department, plant after plant was transformed into a clockwork of precision.
In 2007, John applied his first-hand knowledge to help local manufacturer Taylor Wings survive the sharp economic downturn. Lean-manufacturing principles allowed Taylor Wings to operate like an orchestra, in perfect synchronization.
Fast forward nearly 10-years and trend toward greenhouse cultivation was an industry trend he couldn't ignore. He knew he draw on his experience, build a better greenhouse and a better greenhouse company. With use of his synchro knowledge he quickly developed Just in Time Systems geared specifically for commercial Cannabis production with acknowledged global Lean Standards. Not long after, Next Generation Farming was born."
Source: https://smartcannabis.com/next-generation-farming/Volume | |
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