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Shorts made a killing. 80-90% profits.
Based on a VWAP of $.25 over the past 12 months.
https://ih.advfn.com/stock-market/USOTC/crop-infrastructure-corp-CRXPF/historical
Not sure if it's really news..more likley another borrowed photo...and a BS story...looks like a reverse split and more dilution just in time for next years lies and more fake news and partnerships...
https://twitter.com/CROP_cse/status/1176851390963933189
Wonder how many shares CRXPF will issue next time they need financing?
My estimate is that they will need to issue about 6M shares at about $.03 to $.04 (Canadian$) in order to have enough money to continue operations for a couple more months.
Of course, they should have enough money currently from issuing shares before this recent price plunge to operate for at least several more months.
Their last reported issuance of shares was given in their August Monthly Progress Report as follows:
"Security: Common Shares
Number Issued: 1,370,478
Details of Issuance: August 2019"
No price was given, nor the total amount of funds raised.
https://webfiles.thecse.com/F-CROP_CSE_Form_7_-August_2019.pdf?wKd9KvsQ7KryQjeYQKByKM4UtfQcaj9B
Do you have a link to that news?
That is hilarious. LOL
CROP FAILURE!
CROP CORP @CROP_cse
2h
CROP’S ‘HARD LESSONS LEARNED’ IN NEVADA HEMP AND THC FARMS AFTER WEED INFESTATION ??
- Reduced leased pivot irrigated hemp by 850 acres.
- Company is increasing ownership in assets.
- Focusing all attention on balance of hemp and thc farms
Read more: cropcorp.com
https://t.co/IQYnQ1fOuB
.029 new lows....now they are suddenly claiming crops all failed due to weeds....hillarious
Its either bankruptcy or HUGE dilution up next.
I fell for this scam too. Didn’t become obvious to me until the $89.5 million BioScience CBD “deal” was announced in May. That’s when I realized this was all fiction. Only lost a couple hundred bucks, but still, shame on me for buying into this sham.
I wonder how the block wall is going...would love to know what land project they took these fake pictures from...
CROP Update on 40 Acre Nevada THC Farm
VANCOUVER, British Columbia, Jan. 03, 2019 (GLOBE NEWSWIRE) -- CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today its 49% owned subsidiary Elite Ventures has graded and cleared the 40 acres with construction to begin on the security wall next week.
The project will be completed in time for the 2019 outdoor planting which is forecast to yield in excess of 80,000 pounds. The following strains have been chosen for the project: Blueberry, 9 lb Hammer, Gelato, Tiffany CBD, Insane OG, Blue dream, Durban Poison and Purple Kush.
CROP is also working with lease financiers to build a 60,000 square foot greenhouse facility on the property for the purpose of producing higher quality flower.
The farm will be protected by an eight-foot-high block wall topped with razor wire and an interior chain link combination razor wire fence with a guard tower and CCTV (closed-circuit television). The cost is expected to be $600,000, with final pricing on the greenhouse still to be determined.
The company is now accepting 2019 off take orders and supply agreement requests from processors, distributors and retail outlets.
CROP CEO, Michael Yorke, stated: “The project is advancing on schedule and on budget with great thanks to the construction teams who continued working right up until December 24th and are now back on site to ensure success of the farm in 2019.”
I'd be laughing if I hadn't lost so much money on this POS!
What happened to the revenues from these supposed deals?
Wonder what excuse they'll manufacture for not completing the previously announced "land deal"?
#CRXPF: 0.04's could be the bottom Easy loading these bloody shares. Go bUrRp .
Here is the CROP wall of shame...its a long list of one bullshit news release after another...of which none have ever produced a dime of revenues as stated in the last SEC filing...and yes all perfectly legal..
https://cropcorp.com/news/
Each press release contained a "safe Harbor Act" statement here it is...
Disclaimer for Forward-Looking Information
Certain statements in this press release are forward-looking statements and are not based on historical facts, but rather are based on the current expectations and projections of the Company about future events and are, therefore, subject to certain risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding: (i) the expected returns from the Company’s Nye County hemp-CBD project; (ii) the expected purity of the Company’s CBD isolate; (iii) the expansion of the Supply Agreement to include new high-yield CBN and CBG isolates and new SKUs for Bioscience; (iv) the Company’s ability to development of a long-term partnership with Bioscience; (v) the anticipated value and financial impact of the Supply Agreement; and (vi) the execution of the Company’s overall business plan. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. In addition, cannabis remains a Schedule I drug under the United States Controlled Substances Act of 1970. Although Congress has prohibited the US Justice Department from spending federal funds to interfere with the implementation of state medical marijuana laws, this prohibition must be renewed each year to remain in effect. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding: (i) the regulatory and legal framework of the United States cannabis industry; (ii) risks associated with applicable securities laws and stock exchange rules relating to the cannabis industry; (iii) the risks associated with maintaining the Company’s interests in its various cannabis-related assets; (iv) the ability of the Company to finance its operations and execute its business plan; and (v) general market conditions and other factors beyond the control of the Company. Such forward-looking statements should therefore be construed in light of such factors, and the Company is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the content of this press release.
Historical Press Releases
This website contains historical and archived press releases for CROP Infrastructure Corp. The information in these press releases is historical in nature, has not been updated, and is current only to the date indicated in the particular press release. This information may no longer be accurate and therefore you should not rely on the information contained in these press releases. To the extent permitted by law, CROP Infrastructure Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.
16 million?! All the BS of buying 20% of this and 40% of this. Anyone got one truth to this jive? I’m about to take an 80% loss and sell. Or what for a pump n dump
They had to come clean in their last filing of face SEC charges... they made it very clear they had zero sources of revenues.. That covered their asses to avoid jail time..some chose to ignore that statement
Quote: The Company has incurred losses since its inception and has an accumulated deficit of $16,043,517as at February 28,2019. In addition, the Company has no sources of revenue and does not generate cash flows from operating activities.
I’m
Down 2k. What a bunch of bunk!
Then hopefully they will.
So what is "really" going on at Crop?
The statement below from their last annual report, unfortunately, says it all:
Sorry, but SEC has NO authority over CRXPF.
This is a Canadian exchange listed stock (CROP on the CSE) and any disciplinary action against them would need to be taken by the Canadian securities authorities.
I just saw that one scam was suspended and will soon be revoked by the SEC. Can this one be far behind?
#CRXPF: READY TO EAT. . CHOP MEAT... SHARES ARE VERY TASTE NOW!
No matter how you slice it, CRXPF= deadmeat.
Without revenues or new financing, Crop needs to find a way to pay their operating expenses, which I estimate to be $200K to $300K per month.
Closing that land deal is their last hope (in my opinion) to keep their operations running.
And by the way, WHERE ARE THE REVENUES THAT WERE SUPPOSED TO BE RUNNING AT $30M TO $60M PER YEAR??
Crop's last monthly report (for August) doesn't even mention the word "REVENUE".
#CRXPF: $14 Mil. Market Cap...:-}
Worth 10 times that...:-}
https://www.otcmarkets.com/stock/CRXPF/security
Existing production by the established companies has surpassed demand and analysts are questioning their plans to increase supply. Why does anyone think CROP is needed, assuming they are legit but we all have our doubts.
#CRXPF: GOOD CALL chemist ..
#CRXPF: WOW a real power hour today...
Don't think they ever intended to be growers.
Thought their plan was to lease land they owned to growers and then hopefully profit from their percentage take of the revenues.
Didn't work out that way. Too bad for me.
I'm a simple guy...I know "stuff" grows in the summer and gets harvested in the fall...and real companies boast about their crop yields...didnt happen here...so just connected the dots...g/l
Wish I had heeded your earlier warnings.
But for some crazy reason, I am still holding out "some" hope for this stock, though not much.
I suppose if I heeded your warnings I would be thanking you, but now its too late for me. So I'm just acknowledging that you have been right all along so far.
But since none of us knows the future for certain, there is always the possibility, no matter how small, of some surprise occurring down the road. At this point, that's about all I can hope for.
Sorry if it came of the wrong way....no offense.
You don't have to convince me. Was just proposing a hypothetical future event.
Do you want me to write a disclaimer with all my forward looking posts?
There is no land deal....There no any deals...There never has been...it's all been about finding suckers to believe the lies to sell them shares...there is no land...there are no block walls...there are no products.. the last report made it clear...there is no source of revenues...the only thing that gets you in jail is lying in annual report...that is where the truth is...no source of revenues period.
Maybe bottom at .065 - If they can pull off that land deal for $24M, that could be a game changer.
We'll see.
#CRXPF: BOTTOM MUST BE IN BY NOW .. 0.07
When a company makes it clear in the filing that they have no source of revenues...you have to believe them..remember all the news/prs are covered by the safe harbor statements... sec filings are not...
Quote: The Company has incurred losses since its inception and has an accumulated deficit of $16,043,517as at February 28,2019. In addition, the Company has no sources of revenue and does not generate cash flows from operating activities.
All the news and tweets that never resulted in any revenues just makes them bad business men....by having that statement in the SEC filing in plain site its covers their asses to continue the charade...
This went South in a hurry. Sorry to all who were caught up in this scam. This is not the first time an mj penny stock has hurt people and I am sorry to say likely will not be the last.
That is a promotional website.
Like the saying goes, "Show me the money!"
So far, thru and including their July Monthly Progress report, Crop has reported $0 in revenues. This is why they must continually issue stock options, warrants and what not in order to pay for their operating expenses.
Very sad situation indeed. I was expecting at least some revenues from their 2018 harvests in Washington and California by the middle of 2019 at the latest. Who knows? Maybe all those PRs in 2018 were "fake news" after all.
News? CROP Infrastructure Corp achieves first plant harvest of 2019 from California greenhouse
https://www.proactiveinvestors.com/companies/news/901425/crop-infrastructure-corp-achieves-first-plant-harvest-of-2019-from-california-greenhouse-901425.html
If CROP is waiting for orders to come to them they've lost touch with reality. The reality being every cannabis company out there is knocking on doors looking for sales opportunities. The CEO needs to be in the office of decision makers selling product. imho glta
https://www.fox10phoenix.com/news/growing-pains-arizona-farmers-struggle-with-their-first-hemp-crop
Still waiting on pics of the "flourishing" CBD farm in Nevada.
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https://www.otcmarkets.com/stock/CRXPF/profile
About CROP Infrastructure Corp.
CROP Infrastructure is engaged in the business of investing, constructing, owning, optimizing and branding light supplemented greenhouse projects for lease to cannabis producers and processors offering best-in-class operations. The Company’s main focus is currently California and Washington.
CROP Infrastructure Corp. is a North American enterprise ideally positioned to aid the explosive growth of the specialty crop production sector. Our focus aims to leverage strategic capital investment in land expansion opportunities; assist with key big ticket investments such as greenhouses, foundations, roads, advanced hydroponics, electrical distribution networks, and specialized lighting systems. We are also working to develop relationships with approved agricultural plant input partners for uniformly safe fertilizers, nutrients, herbicides and pesticides as part of a bulk distribution service and innovative GROWSAFE - CROPSAFE client certification program.
Outstanding Shares
August 2, 2018
CROP Provides Update on 25 Acre Hemp Farm in Italy
CROP Infrastructure Corp. (CSE: CROP) (OTCMKTS: CRXPF) ("CROP" or the "Company") provides the following update on the company's joint venture; Xhemplar hemp farm in Italy. The 25-acre property was planted less than 50 days ago, has now produced approximately 600,000 healthy hemp plants. The plants are expected to be harvested in the next 20 days.
July 24, 2018
July13, 2018
Crop’s Nevada CBD Farm Receives Hemp Licence Approval From State and Commences Planting on 240 Acres
CROP Infrastructure Corp. announces that its tenant grower “The Hempire Company, LLC” has been issued a formal Nevada hemp licence covering all 240 pivoted acres of CROP’s Nye County, Nevada farm. Planting has been completed on 120 acres and is now underway on an additional 120 acres, consisting of only approved organic and natural materials in agriculture production in order to be deemed an Organic operation.
July 09 2018
TENANT PLANTS ADDITIONAL 20,000 SQUARE FEET OF RECREATIONAL CANNABIS IN CALIFORNIA AND ANNOUNCES FIRST HARVEST
Crop Infrastructure Corp. (CROP.C) has completed the required security upgrades on the Humboldt county property in California and its tenant operator has planted 20,000 square feet of recreational cannabis with Green Crack, Birthday Cake, and Green Scout Cookie strains.
The Humboldt County Property consists of an operational 10,000 square foot medicinal cannabis greenhouse facility and has now obtained and planted an additional 20,000 square feet of recreational licensed canopy.
July 06, 2018
Crop Infrastructure Corp. Acquires 49% Interest in Nevada Farm
CROP Infrastructure Corp. (CSE:CROP) (OTC:CRXPF) (“CROP” or the “Company”) announced today it has entered into a member interest purchase agreement with Elite Ventures LLC, of Nevada, to acquire a 49% member interest in a Nye County agricultural property. The company has agreed to pay $1,300,000 USD, in cash, for the member interest and has paid $600,000 to date.
July 5 2018
CROP PARTNERS ON SAN BERNARDINO AND WEST HOLLYWOOD, CALIFORNIA DISPENSARY APPLICATIONS: EMERALD HEIGHTS
CROP Infrastructure Corp. (CSE: CROP) (OTC: CRXPF) (“CROP” or the “Company”) announces today it has entered into an agreement with Ocean Green Management LLC of California, to partner on multiple applications for Cannabis Retail locations with the option to purchase the commercial real estate. The Company has agreed to finance the purchase of real estate on the grant of a license. The dispensaries will operate under the brand: Emerald Heights. Combined with the company’s ‘Emerald Triangle’ cannabis production facility currently tenanted by Hempire, these dispensaries would enable CROP tenants to vertically integrate themselves to maximize return on investment. Both location applications have been designed using professional designers and branding agencies to the requirements of the state. The company’s production facility currently consists of a 10,000 square foot medicinal cannabis greenhouse facility and an additional 20,000 square feet of recreational licensed canopy
June 5, 2018
NOTICE TO WARRANT HOLDERS OF ACCELERATION OF EXPIRY DATE AND WARRANT INCENTIVE PROGRAM
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada – June 5, 2018 – Crop Infrastructure Corp. (CSE: CROP) (“Crop” or the “Company”) announces that it is accelerating the expiry date of the share purchase warrants (the “Warrants”) that were issued in connection with the March 2018 … CONTINUED
June 5, 2018
CROP Acquires 30% Interest in State-of-the-Art Washington Greenhouse
VANCOUVER, British Columbia, June 05, 2018 — CROP Infrastructure Corp. (CSE:CROP) (OTCMKTS:CRXPF) (“CROP” or the “Company”) announces it has entered into a Membership Purchase Agreement dated June 4th 2018 (the “Agreement”) with Wheeler Park Properties LLC (“The Park”) a Washington State limited liability company. CROP has agreed to advance up to US$2,500,000 to The Park for equipment purchase … CONTINUED
May 24, 2018
Crop Infrastructure Announces OTC Ticker Symbol Change to “CRXPF”
CROP Infrastructure Corp. (the “Company”) (CSE:CROP) (OTC:CRXPF) announces a change in the Company’s stock symbol trading on the OTC Markets. Effective today, May 24, 2018, the Company’s common shares will trade on the OTC Markets under the symbol “CRXPF”. The previous trading symbol was “CIICF”. There is no … CONTINUED
https://cropcorp.com/wp-content/uploads/2018/05/CROP-Infrastructure-Presentation.pdf
https://www.otcmarkets.com/stock/CRXPF/security
https://www.facebook.com/CropInfrastructure/
https://twitter.com/crop_cse
https://www.otcmarkets.com/stock/CRXPF/news/story?e&id=1385683
CROP currently owns 10,000,000 shares in World Farms Corp. which also announced a $0.30 private placement in connection with the RTO.
https://www.otcmarkets.com/stock/CRXPF/news/story?e&id=1385683
https://www.worldfarmscorp.com
https://twitter.com/world_farms
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