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I checked OTC Markets, reading the numbers there at v17 million on the street, what they need is to expand into other business
Has anyone actually confirmed a roll back, if so please direct me to where this has been news or released by the management?
Bid started to move up again
Is tax selling right to the end of December, anyone know?
JV Partner OTC "VGPR" put out news today on NWPN
Earlier this month we announced that we had entered into an Agreement with The NOW Corporation to test and produce various torrefied products from industrial hemp grown at The NOW Corporation's Colorado facility. This is a very exciting project for us. It won't have an immediate impact on our bottom line, but it gives us the opportunity to become a leader in the use of hemp in the manufacturing of energy products. We look forward to keeping you updated on this project as we move forward. As a result of this Agreement, we have placed an order and paid a deposit for the production of an additional torrefaction unit that will be used solely for testing the use of industrial hemp as a feedstock for manufacturing the Company's Bio-Coal product.
Lets get more info on the S-1 and the funding, that kind of news can take this back into the higher levels this stock has been at previous.
The street float is less than 30 million shares, the rest is restricted long time before any of these get out on the street, it will take the S-1 to allow any of these to trade, lots of room to play.
The facts about this hemp farm is not to be mixed up with Marijuana, most marijuana projects cost into millions because of the secure buildings, security guards around a MJ business, Hemp is different, nobody raids a Hemp project, can't get high and Hemp make CBD'S cannabidoil sells at $25 per gram into wholesale market, one acre can grow 75,000 plants where you get around a minimum of 6 grams per plant so 75,000 x 6 grams x $25 this stock is so undervalued.
I also have been assured there is no roll-back and why would there be, in talking with the company the revenue figures work like this:
Plant 6,000 seeds, harvest 6,000 plants, extract 6 grams CBD product from each plant, sell the each gram to a wholesale buyer at $25 per gram equals a revenue for this 36,000 grams is a $900,000 per harvest, take 3 harvest per year is a revenue of $2,7 million dollars the cost to put this 6,000 plants into production would be $200,000 therefore one could assume on 10 acres the goal of the company right now is $27 million, be alert here, all funds received go right back into building another acre, there is no huge outlay of millions to go forward here, also if a hydroponics facility is capable of doing 18,000 plants (from research on hydroponics) times all of this by 3.
Man what a buy at this level.
News release posted see www.rushforsrocks.com under the symbol CATV the new release is right there as of Friday the 14th of August.
did anyone try this e-mail address newealthus111@gmail.com
Has anyone called MDCN and asked for the details, who is the new CEO of DKGR and what is his past, what has he done before?
Had a good talk with the management, good honest person, was told the creditors would move him along so he could fulfill his orders. They have customers, getting new orders for the product, the big one is the most speculative 1,000,000 units to one of the top four cable providers, its on the table, have to put to bed though, if they do this company could be in the 100's of millions of dollars, that's the bet right now, I am praying they will pull it off.
Conversion of debt to creditors, nasty stuff
Great Company, many more finding out about this company.
This is only two days of new begging for the company, at .0001 is the price of starting a brand new deal going in for an investor, this can easily be a take over deal as the shareholders of old will spill out of this like you know after 10 beer. The 4.3 billion shares on the market is nothing as to buy a 98% control of a new company goes for $400,000 to $500,000 than the new owner has to try and get the shares into a brokerage house. This way you can buy up the float and take over and never have to go and get the shares cleared.
Found this on another sit "SUB PENNY OTC- “DKGR” STARTED JV PLANS WITH “NWPN”, on MJ business, awareness out already, should be up on the Drake web site next week I hear, due your own Due Diligence on this.
Lets go a different route, needs a sexy story, needs life into this company, keep the game in a subsidiary and move into the new business strategy, MJ.
What dump, what dilution, this company has not issued any new shares since 2006, the float or trading shares is 5 million has not changed as I said since 2006, checked with the transfer agent not one new share issued.
If I read the balance sheet correctly, there is money in the bank, sales and a future, what else do you need, Drake has never seen such a good day like this, this puppy should be valued now as UNDERVALUED
Heard they signed there agreement with a banker in NY, will be introducing the company to many new JV partners
Here is the link to the Senate hearing with Quantum represented by Smith
Yes, it is excellant, the acreage in Colorado, plus the raising of funds ( all restricted shares) will give this company around a few million to work with. The Purchase agreement in Canada on a 20 year payout from the Government will start a huge customer base to come in and order the wind turbine units, everytime NWPN sells a One Mega Watt unit they make close to $1 million dollars, I have spoken to the company and they had confirmed just one unit working will bring in 150 buyers from around the world.
Last conversation with this group, real float right now is around one million shares in the hands of about three hundred USA share holders.
The management has posted an update on the news link on their web site to update everyone on the textile side of the business
Since Peter Matousek is a Director is OTC-"NWPN" and nwpn is now in the medical marijuana and wind business, will Peter bring the medical marijuana business to Drake?
Thank GOD Prince is gone, new president, new direction, new business, now lets see if this new president can bring in his crew to buy up all the float
the best thing to do is put a bid in for .0001 for 100,000,000 million shares and buy it all
I understand your math, what I believe after talking to my source, is the market is on the shares that are tradable, the 300 million are not registered to trade and should not be calculated in how the price trades, if the 5 million free trading is all that is out and you have more buyers than the float the stock will go up.
It is not that he sold shares, the question is were the shares qualified under Rule 144 definition to be able to be sold, this maybe the question on this deal as the SEC in their letter asked about the issuance of 50 million shares and registration of the shares, this is my guess.
Is the halt on the form 4's or is the halt on the news releases, or did the company issue free trading paper to someone and not register the shares, what I have heard is the SEC calls the Transfer Agents on most of these high flyers to see if any new stock issuance's have taken place, if they have there are rules about selling those shares into a promoted market or awareness programs which I understand the insider would not be allowed to do with out registering he is going to do this to give everyone time to digest his selling.
Where do you get these ideas from, there is no roll back, the reason for the large number of shares is this company is four companies rolled into one company in 2006 which took the name of The Now Corporation, the 300 million shares is restricted shares since 2006 and is held between 554 shareholders and the free trading shares are held in over 30 brokerage houses equals into 300 shareholders holding the free trading shares, and in the Due Diligence I have done right now as I write this the float is 680,000 held by over 300 shareholders.
My source explains to me the idea was to do a S-1 Registration statement to become a fully reporting company, this has not changed, audit is done and the year end for 2013 is to be completed to be compliant with the S-1 rules for submission and the OTC markets current information quote page.
The medical marijuana and hemp farm is real, the family trust in Colorado owns 10,000 acres and there is a campaign to raise privately for the company $4 million dollars for this joint venture for the hydroponics operation and the exopower wind turbine will be used for this operation and any excess power can be sold back to the hydro net metering for the state.
More news expected shortly, could, I say could create a run on the stock price, as behind the picture is many meetings and projects for the wind business and development on the farm in Colorado.
That is the reason I asked, the company states they are real estate holding company owning land that from what I see is a growing operation which has nothing to do with the lease payments MYHI gets from the tenant, I only see here is a real estate company not a medical marijuana company, as alaways I could be wrong but I did read THEIR FILINGS AND THERE IS NOTHING ABOUT GROWING ANYTHING.
Can anyone tell me, after reading the news release, Mountain High is just a land lord, it does not own one plant or any of the operations of the growing of marijuana, the comapny gets revenue from leasing the property to the grow operation and have no interest in the medical marijuana, is this correct?
Something interesting, Drakes who has done a new deal on the oil & Gas to now working the Glover lease, leaving all three companies with a small position in production, good, Drake is moving into Apparel, not sure what Eagle is doing, and The Now Corporation "NWPN" has moved into the marijuana, hemp business, and hydroponics in Colorado, have asked Drake to move also but new management. Lets see where all of this takes this.
How can you say you are done, you have not even taken into effect the exopower units themselves, the first reason The Now Corporation went with the exopower is this new technology surpasses the standard three blade units in operation around the world by GE and this new system compared to the three propeller, just in the typical break down a three propeller one has is a cost to come in and repair is $250,000 the exopower maybe only around a few thousand dollars, remember this new technology has no braking or lubricants and does not need a foot print to be buried a few hundred feet into the ground to hold it up.
The Marijuana business will love this technology, most of these outfits are off grid and with the exopower every grow op will be able to supply the power with out worrying about the transmission lines.
All that is a little province in British Columbia Canada that believes they have the power to make an OTC company file documents when the SEC does not not, interesting how this provincial outfit is trying to boss everyone one around, the OTC Group also is just a company not an agency for the SEC or the regulatory agencies they have no meanings or standings all they do is provide a way for a company to show off financial statements.
Talked to the company, all the audits are done, will be filing soon
The other 300 million is legend paper, these shares have been restricted since December 2006, management has never wanted to register the shares or use Rule 144 to keep a tight lid on the company float, as you know most of these companies issue and issue against debt and then flood the market with shares, from my understanding this is not their attitude.