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Los Angeles Is Set To Become The Largest U.S. City With Legal Marijuana
https://www.huffingtonpost.com/entry/los-angeles-legal-marijuana-largest-city_us_5a286b90e4b03ece02fff5e1
The Next Penny Runner is Auscrete Corp (ASCK)
The Next Penny Runner is Auscrete Corp (ASCK)
They have a 3 year BACKLOG of orders!
NOW is the time to BUY while the share price is extremely undervalued and the stock is under the radar!
Ausvrete Corp (ASCK) 1yr by Day as of April 14th 2017
Read the highlights below, then buy as many shares as you can afford! You'll be glad you did!
Summary, highlights, DD and speculation for Auscrete Corp (ASCK)
All DD below can be verified and comes straight from the CEO John Sprovieri, SEC filings and Official Press Releases!
About Auscrete Corp (ASCK):
The company is a Manufacturer and Construction contractor of "GREEN" energy efficient housing and commercial structures built from Auscrete developed lightweight hybrid concrete/insulation wall and roof panels.
Structures built of this medium are very low maintenance and, being concrete, are highly resistant to insects and mold. They have considerable mass and are highly resistant to hurricane forces and earth tremors. They will not catch fire and burn. The insulation value, which is very high, is not subject to settling as happens in wood structured homes.
Quality in Energy Efficient Affordable Housing
Our AFFORDABLE homes fully built and turnkey (move in ready) range
from only $100,000 for 1,000 sq. ft. to $250,000 for a 2,500 sq. ft. house.
Basic Building Materials
Auscrete aerated concrete is a light-weight cement/sand product that has a specially developed foaming agent applied during manufacture. This enables the product to have millions of small air bubble ‘aggregates’ introduced and evenly distributed throughout the cast sections. Then there is the XPS insulation amalgamation with the final result being a concrete that is light, strong, of extremely high insulation value and is highly fire resistant. It also has excellent sound proofing qualities.
Auscrete Corporation possesses certain proprietary technology in cellular lightweight concrete manufacturing that has been assigned to the corporation.
Auscrete Cellular Concrete (“ACC”) is the culmination of the refinements made to a technology developed in Australia in the mid 1980’s.
The Australian product has been used in many parts of the world in construction, and Auscrete has further developed it in the US by creating a thermally
efficient building system.
Auscrete's products are residential housing, commercial structures and buildings in general.
Auscrete products are fully developed high efficiency building materials that were fully tested and widely used on residential and commercial construction ventures before Auscrete temporarily ceased production during the 2008 housing recession.
With the housing market now booming and with the lack of affordable housing has prompted Auscrete to recommence its operations.
Auscrete is currently planning to expand its pilot manufacturing plant so that it can produce the equivalent of 100 +houses per year, depending on size.
NOW is the time to buy shares of Auscrete Corp (ASCK), the company has re-invented itself focusing on it's core compentencies, building affordable houses!
Don't get left behind Auscrete Corp is a GROUNDFLOOR opportunity for investors!!
In fact, due to it's past relationships in the housing and construction industry it is already experiencing phenomenal results that bode well for the companies future!
Just read this and see how undervalued Auscrete Corp (ASCK) is trading now in the low sub penny range!
- March 28th 2017 ASCK management also said "we expect our first-year of operations to be eminently profitable”.
-Using a conservative estimate at an average value per sale of $125,000, the company is projecting revenues of $4-$6 million in it's first year escalating from there! (AWESOME, share price won't be sub-penny for long)
-At that rate, there are already approximately 3+ years of sales at hand (THAT means they already have a 3 year BACKLOG of ORDERS, this is a sub-penny stock, INCREDIBLE VALUE for investors now!)
-March 28th ASCK management also said by a number of developers and contractors had contacted them to to supply homes for housing estates and spec homes.
-At this point in time, the company has available contracts for the immediate supply of houses and other structures (apartment block etc.) valued at over $2 million but also has letters of intent from a developer and from a contractor to supply some 130 plus houses to their housing estates over the next few years. Delivery will be paced at the rate of sales but is expected to initially be in excess of 40 units per year.
-Auscrete Corp (ASCK) says the typical structure will be a home in the 1,100 - 3,000 sq. ft. range that will sell to the contractor or developer for around $ 80,000 to $200,000 with the average being over $125,000.
Obviously, the company will look to increase output to meet the demand and expects to do this through internal financing. The typical net margin is in excess of 25% and, once in production, the company does not expect to incur first year losses. The existing pilot facility can manage output until the new campus facility is complete and has commenced operations.
BUT IT GETS EVEN BETTER
-ASCK management also confirmed that During 2016, Auscrete also entered agreement with PN&N Enterprise, a Jamacian developer consortium, to set up a manufacturing plant in Jamaica to construct 1,500 houses, valued at around $135 million, over 7 years! (Once again this stock should not be sub-penny, right now it is just under the radar and those sub-penny days will soon be a thing of the past! BUY NOW!, you'll be glad you did!)
-ASCK management also confirmed their intentions to move forward on plans to build a 300 room Destination Hotel and Resort in Jamaica on the beachfront property allocated to the undertaking!
:-April 6th 2017 company updated with OTC markets and became current (VERY GOOD SIGN)
-March 28th 2016 ASCK management said they were "elated" about how good things were going toward the construction of Oregon Main Office and Production Plant!
-The funding for this project has been completed and the land has been acquired, They purchased 10 acres of land on the Rufus Industrial Estate in Refus, Oregon.
-European lenders gave ASCK a $5 Million non toxic loan to help finance the company new beginning! They are ready to go, and were simply awaiting building codes approval to begin construction on the 25,000 sq ft production Plant and 18,000 sq ft support services building! They said that it would be just 6 months before the Plant began producing building materials for housing construction! (NOW is the time to BUY, get in on the ground floor!)
-The advantage of Rufus is it is located on 2 main highways, I-84 east/west and I-97 north/south. The location will help considerably with the delivery of the pre-cast panels initially to the Northwest area and will also simplify the delivery of raw materials to the facility. It is anticipated that in the initial year the company will be able to produce enough panel sets for the construction of over 30 homes.
-Auscrete's product is also extremely suitable for the construction of commercial and industrial structures. Company marketing will also explore the commercial world for applications and it is believed that such construction will become a large part of the company's future direction.
-ASCK also stated that they had decided to concentrate on its core market, being the materials and construction of Affordable Housing. This is a gaping hole in the US marketplace as very many people cannot afford to buy a home.
Auscrete’s mass production techniques have enabled the construction of solid concrete site built homes that can survive intense weather conditions and are exceptionally efficient, won’t burn and are impervious to insect infestation. Typically, they are built for around $100 per sq. ft. complete turnkey.
-ASCK management also said they wanted to build shareholder value and “with the low volume of shares in our company’s float, we believe this is a great opportunity for our investors to see excellent short and long term returns”.(A STRONG BUY SIGNAL)
-ASCK management also stated that future growth and expansion will be funded by internal revenue profits, meaning no toxic notes! (VERY GOOD for investors!)
-ASCK is also planning second Production Plant in planned future facility to be set up in San Antonio, Texas
-ASCK website clearly illustrates the high quality beautiful houses it makes and the complete process of piecing them together!
http://www.auscretehomes.com/
Auscrete (ASCK) also has an international web site that is in progress to launch soon, it lists the international division as a new subdivision of Auscrete. ASCK reports they have had inquires for their product from Mexico, Central American and other Caribbean countries!
News Release Issued: Oct 12, 2016 (5:04pm CDT)
To view this release online and get more information about Goodrich Petroleum visit: http://goodrichpetroleum.investorroom.com/index.php?s=43&item=535
Goodrich Petroleum Announces Emergence From Bankruptcy
HOUSTON, October 12, 2016 /PRNewswire/ -- Goodrich Petroleum Corporation (the "Company") today announced that it has satisfied the conditions precedent to the effectiveness of its First Amended Joint Chapter 11 Plan of Reorganization (the "Plan of Reorganization"), which was confirmed by the United States Bankruptcy Court for the Southern District of Texas on September 28, 2016, and has emerged from bankruptcy.
By working constructively with its creditors and other stakeholders, the Company emerged from bankruptcy with the same assets and having substantially reduced its total long-term debt and cost structure, which provides the post-emergence Company with a significantly improved capital structure to maximize the value of its asset portfolio.
In conjunction with its emergence from bankruptcy and pursuant to the Plan of Reorganization, the Company received $40.0 million in new capital through the issuance of Convertible Second Lien Senior Secured Notes due 2019. $20 million of the new capital was used to pay down the Company's outstanding borrowings under its previous senior credit facility to $20 million, which is now the outstanding principal amount of the Company's new senior secured credit facility led by Wells Fargo Bank, National Association as administrative agent. The Company also has $20 million in cash from the new capital to fund initial development of its Haynesville Shale drilling program.
Furthermore, effective today, the Company's Board of Directors will be comprised of Walter G. Goodrich and Robert C. Turnham, Jr., who are existing directors of the Company, together with new directors Ronald F. Coleman, Eugene I. Davis, K. Adam Leight, Timothy D. Leuliette and Thomas M. Souers.
In accordance with the Plan of Reorganization, the Company's existing common stock has been cancelled, and its new common stock will be issued to the second lien notes claim holders, unsecured notes claim holders, general unsecured claim holders and management. The Company anticipates that its common stock will be traded on the OTC Markets marketplace within 2-3 weeks, with plans to list on a major exchange at a later date.
Additional information about the Company's emergence from bankruptcy, including copies of documents related to the exit financing, will be provided in a Form 8-K, which can be viewed on the Company's website: www.goodrichpetroleum.com, or the Securities and Exchange Commission's ("SEC") website at www.sec.gov. Court filings and other information related to the Plan of Reorganization are available at a website administered by the claims agent, BMC, at www.bmcgroup.com/goodrich.
Lazard acted as financial advisor and Vinson & Elkins L.L.P. acted as legal counsel to the Company in connection with the bankruptcy process.
About Goodrich Petroleum Corporation
Goodrich Petroleum is an independent oil and gas exploration and production company. Goodrich Petroleum is headquartered in Houston, Texas. For more information, please visit the Company's website at www.goodrichpetroleum.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this news release regarding future expectations and plans for future activities may be regarded as "forward looking statements." Such forward-looking statements are subject to various risks, such as financial market conditions, changes in commodities prices and costs of drilling and completion, operating hazards, drilling risks, and the inherent uncertainties in interpreting engineering data relating to underground accumulations of oil and gas, as well as other risks discussed in detail in the Company's Annual Report on Form 10-K for the year ended December 31, 2015 and other subsequent filings with the SEC. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. We undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Goodrich Petroleum Corporation
For further information: Robert C. Turnham, Jr., President, +1-713-780-9494
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Maybe before earnings on 8/12
[$$] Goodrich Petroleum Receives Approval to Sell Its Assets
http://www.wsj.com/articles/goodrich-petroleum-receives-approval-to-sell-its-assets-1467719049?mod=yahoo_hs&yptr=yahoo
5M shares here!!
Goodrich Petroleum Corp. (NYSE:GDP) SEC Filing Alert
The following document for Goodrich Petroleum Corp. (NYSE:GDP) was filed with the U.S. Securities and Exchange Commission.
SEC Form 8-K filed on August 19, 2015
View all SEC filings for Goodrich Petroleum Corp. (NYSE:GDP)
Get more information about Goodrich Petroleum Corp. (NYSE:GDP)
News Release Issued: Aug 6, 2015 (3:15pm CDT)
To view this release online and get more information about Goodrich Petroleum visit: http://goodrichpetroleum.investorroom.com/index.php?s=43&item=500
Goodrich Petroleum To Present At Upcoming Conference
HOUSTON, Aug. 6, 2015 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced the Company's management team will present at EnerCom's The Oil & Gas Conference 20 at the Westin Downtown Denver Hotel located at 1672 Lawrence Street in Denver, Colorado on Monday, August 17, 2015 at 2:20 PM MT. The presentation will be webcast through the following link: http://www.oilandgas360.com/togc-webcast/gdp/
A copy of the latest corporate presentation will be available on the Company's website at www.goodrichpetroleum.com.
Goodrich Petroleum Corporation is an independent oil and natural gas exploration and production company listed on the New York Stock Exchange.
SOURCE Goodrich Petroleum Corporation
For further information: Robert C. Turnham, President; Jan L. Schott, Chief Financial Officer; +1-713-780-9494.
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Goodrich Petroleum Corp. (NYSE:GDP) SEC Filing Alert
The following document for Goodrich Petroleum Corp. (NYSE:GDP) was filed with the U.S. Securities and Exchange Commission.
SEC Form 10-Q filed on August 6, 2015
View all SEC filings for Goodrich Petroleum Corp. (NYSE:GDP)
Get more information about Goodrich Petroleum Corp. (NYSE:GDP)
Hold level for crude oil is 43$ last March. Maybe we will see a lift.
News Release Issued: Aug 5, 2015 (6:00am CDT)
To view this release online and get more information about Goodrich Petroleum visit: http://goodrichpetroleum.investorroom.com/index.php?s=43&item=499
Looks like 1.55 new bottom
This is brutal.!!!
Earnings 05/12/15
Maybe Money Mayweather would invest in this stock, as much money as he will pocket on the May 2 fight.
Anything Possible!!
Goodrich Petroleum Corp. (NYSE:GDP) SEC Filing Alert
The following document for Goodrich Petroleum Corp. (NYSE:GDP) was filed with the U.S. Securities and Exchange Commission.
SEC Form 8-K filed on March 18, 2015
View all SEC filings for Goodrich Petroleum Corp. (NYSE:GDP)
Get more information about Goodrich Petroleum Corp. (NYSE:GDP)
Blood is in the water..
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL
OMB Number:3235-0145
Expires: February 28, 2009
Estimated average burden
hours per response…10.4
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Goodrich Petroleum Corporation
(Name of Issuer)
Common Stock, par value $0.20 per share
(Title of Class of Securities)
382410405
(CUSIP Number)
December 31, 2014
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. Beneficial ownership information contained herein is given as of the date listed above.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1
Names of Reporting Persons.
Odey Asset Management Group Ltd
2
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
3
SEC Use Only
4
Citizenship or Place of Organization.
England
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0 shares
6 Shared Voting Power
0 shares
Refer to Item 4 below.
7 Sole Dispositive Power
0 shares
8 Shared Dispositive Power
0 shares
Refer to Item 4 below.
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0 shares
Refer to Item 4 below.
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
11
Percent of Class Represented by Amount in Row (9)
0.00%
Refer to Item 4 below.
12
Type of Reporting Person (See Instructions)
CO, HC
1
Names of Reporting Persons.
Odey Asset Management LLP
2
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
3
SEC Use Only
4
Citizenship or Place of Organization.
England
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0 shares
6 Shared Voting Power
0 shares
Refer to Item 4 below.
7 Sole Dispositive Power
0 shares
8 Shared Dispositive Power
0 shares
Refer to Item 4 below.
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0 shares
Refer to Item 4 below.
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
11
Percent of Class Represented by Amount in Row (9)
0.00%
Refer to Item 4 below.
12
Type of Reporting Person (See Instructions)
PN, IA
1
Names of Reporting Persons.
Odey Holdings AG
2
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
3
SEC Use Only
4
Citizenship or Place of Organization.
Switzerland
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0 shares
6 Shared Voting Power
0 shares
Refer to Item 4 below.
7 Sole Dispositive Power
0 shares
8 Shared Dispositive Power
0 shares
Refer to Item 4 below.
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0 shares
Refer to Item 4 below.
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
11
Percent of Class Represented by Amount in Row (9)
0.00%
Refer to Item 4 below.
12
Type of Reporting Person (See Instructions)
CO, HC
1
Names of Reporting Persons.
Robin Crispin William Odey (“Crispin Odey”)
2
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
3
SEC Use Only
4
Citizenship or Place of Organization.
England
Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
5 Sole Voting Power
0 shares
6 Shared Voting Power
0 shares
Refer to Item 4 below.
7 Sole Dispositive Power
0 shares
8 Shared Dispositive Power
0 shares
Refer to Item 4 below.
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0 shares
Refer to Item 4 below.
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
11
Percent of Class Represented by Amount in Row (9)
0.00%
Refer to Item 4 below.
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
Item 1
(a)
Name of Issuer
Goodrich Petroleum Corporation
(b)
Address of Issuer’s Principal Executive Offices
801 Louisiana, Suite 700, Houston, TX 77002
Item 2
(a)
Name of Person Filing
Odey Asset Management Group Ltd
Odey Asset Management LLP
Odey Holdings AG
Crispin Odey
(b)
Address of Principal Business Office or, if none, Residence
Odey Asset Management Group Ltd
Odey Asset Management LLP
Odey Holdings AG
Crispin Odey
c/o Odey Asset Management Group Ltd
12 Upper Grosvenor Street
London, United Kingdom W1K 2ND
(c)
Citizenship
Odey Asset Management Group Ltd – England
Odey Asset Management LLP – England
Odey Holdings AG – Switzerland
Crispin Odey – England
(d)
Title of Class of Securities
Common Stock, par value $0.20 per share
(e)
CUSIP Number
382410405
Item 3
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
[ ]
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
[ ]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
[ ]
Insurance Company as defined in Section 3(a)(19) of the Act;
(d)
[ ]
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
(e)
[x]
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)
[ ]
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)
[x]
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
[ ]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
[ ]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
[ ]
A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);
(k)
[ ]
Group, in accordance with §240.13d-1(b)(1)(ii)(K).
If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
Item 4
Ownership
Shares reported herein for Odey Asset Management LLP (“OAM LLP”) represent shares held for the benefit of investment advisory clients of OAM LLP. Odey Asset Management Group Ltd (“OAM Ltd”) is the managing member of OAM LLP, Odey Holdings AG (“Odey Holdings”) is the sole stockholder of OAM Ltd, and Mr. Odey is the sole stockholder of Odey Holdings. For all purposes other than the filing of this Schedule 13G, each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.
Item 4(a)
Amount Beneficially Owned
Odey Asset Management Group Ltd – 0 shares
Odey Asset Management LLP – 0 shares
Odey Holdings AG – 0 shares
Crispin Odey – 0 shares
Item 4(b)
Percent of Class
Odey Asset Management Group Ltd – 0.00%
Odey Asset Management LLP – 0.00%
Odey Holdings AG – 0.00%
Crispin Odey – 0.00%
Item 4(c)
Number of shares as to which each such person has voting and dispositive power:
(i)
sole power to vote or to direct the vote
Odey Asset Management Group Ltd – 0 shares
Odey Asset Management LLP – 0 shares
Odey Holdings AG – 0 shares
Crispin Odey – 0 shares
(ii)
shared power to vote or to direct the vote
Odey Asset Management Group Ltd – 0 shares
Odey Asset Management LLP – 0 shares
Odey Holdings AG – 0 shares
Crispin Odey – 0 shares
(iii)
sole power to dispose or to direct the disposition of
Odey Asset Management Group Ltd – 0 shares
Odey Asset Management LLP – 0 shares
Odey Holdings AG – 0 shares
Crispin Odey – 0 shares
(iv)
shared power to dispose or to direct the disposition of
Odey Asset Management Group Ltd – 0 shares
Odey Asset Management LLP – 0 shares
Odey Holdings AG – 0 shares
Crispin Odey – 0 shares
Item 5
Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ X ].
Item 6
Ownership of More than Five Percent on Behalf of Another Person
Dividends received from, and proceeds from the sale of, the shares reported herein, if any, are allocated by Odey Asset Management LLP to the applicable accounts of its clients and are distributed or retained in accordance with its investment advisory agreements with those clients.
Item 7
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
Not applicable.
Item 8
Identification and Classification of Members of the Group
Not applicable.
Item 9
Notice of Dissolution of Group
Not applicable.
Item 10
Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.
Exhibits
Exhibit
99.1
Joint Filing Agreement by and among the Reporting Persons, incorporated by reference to Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on January 22, 2014.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: January 20, 2015
ODEY ASSET MANAGEMENT GROUP LTD
By: /s/ Fergus B. Lee
Fergus B. Lee, Chief Compliance Officer
ODEY ASSET MANAGEMENT LLP
By: /s/ Fergus B. Lee
Fergus B. Lee, Chief Compliance Officer
ODEY HOLDINGS AG
By: /s/ Fergus B. Lee
Fergus B. Lee, Chief Compliance Officer
ROBIN CRISPIN WILLIAM ODEY
/s/ Fergus B. Lee
Fergus B. Lee, as attorney-in-fact for Robin Crispin William Odey*
*The Power of Attorney executed by Mr. Odey authorizing the signatory to sign and file this Schedule 13G on Mr. Odey’s behalf, filed as Exhibit 99.2 to the Schedule 13G filed with the Securities and Exchange Commission on May 8, 2013 by Mr. Odey and other reporting persons with respect to the common stock of Quanex Building Products Corporation, is incorporated herein by reference.
Recreational marijuana qualifies for Oregon ballot
Associated Press 5 hours ago
SALEM, Ore. (AP) — Oregon voters will decide whether to legalize marijuana for recreational use after state elections officials on Tuesday said the measure qualified for the November ballot.
The measure would allow adults 21 and older to buy and possess marijuana and would give the Oregon Liquor Control Commission the job of regulating and taxing the drug.
Voters rejected a legalization measure two years ago, but little money was spent promoting it. By contrast, New Approach Oregon, the group behind the initiative, has received contributions from some of the same donors who backed successful marijuana initiatives in Washington and Colorado.
The group submitted roughly 88,500 valid signatures — about 1,400 more than required, election workers said.
"We will ensure that all voters are aware that this is a completely different measure than the measure in 2012," said Anthony Johnson, director of New Approach Oregon. "This measure is much more regulated and restrictive, and we've taken the best from Colorado and Washington and believe that Oregonians are ready to pass a well-regulated measure such as this one."
Law enforcement officials, including sheriffs and district attorneys, oppose the measure. Clatsop County District Attorney Josh Marquis said it makes no sense to increase access to intoxicants.
"We've not done a good job in our state or our society keeping alcohol — a very, very toxic drug — out of the hands of the people who need it the least, which are kids," Marquis said.
Kevin Sabet, director of anti-legalization group Smart Approaches to Marijuana, wondered about the push to legalize marijuana in a state that already has lax penalties for the drug. Possessing up to an ounce of marijuana draws a citation and fine, not a criminal charge.
"I think they're smart and they're going to see what this is about, which is money," Sabet said. "It's going to make a couple of guys rich who are going to profit off the new tobacco industry."
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New Orleans will serve as a excellent venue for Eyes On The Go. Jazz and Heritage festivals and several musicians performing daily.
Las Vegas to Allow Marijuana Dispensaries
CORONA, Calif., March 21, 2014 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leader in manufacturing safe and secure storage and dispensing systems for the marijuana industry, commented today on the news that officials in Las Vegas and Clark County, Nevada passed new regulations that will allow for medical marijuana dispensaries to be established.
Clark County commissioners approved land-use and licensing rules that clear the way for prospective medical marijuana entrepreneurs to begin filing applications for special-use permits next month.
A similar decision by the Las Vegas council means that the city will likely become the second in the valley to allow medical marijuana businesses.
This means that Southern Nevada's two largest local governments have moved firmly in the direction of allowing medical marijuana businesses, which was approved by voters, but no system to legally distribute it was established until a recent bill was passed allowing for a network of cultivation facilities, testing labs and dispensaries.
"Medbox, one of our key clients, is well positioned to provide systems and expertise to the Nevada dispensary market," Shannon Illingworth, Founder and Chairman of AVT commented. "As the manufacturing partner for Medbox, we believe that the opening of the Nevada market could provide AVT with significant additional orders for units in the near future."
For more information on AVT, call (877) 424-3663, or visit: www.autoretail.com.
To read a news report on this topic, visit: http://www.lasvegassun.com/news/2014/mar/19/las-vegas-allow-medical-marijuana-dispensaries/
Forward-Looking Statements: The statements in this and all company press releases constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
SOURCE AVT, Inc.
Copyright 2014 PR Newswire
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Microsoft to slash Windows price: Report
Oprah will cause any explosion... The same what 50cent did fir vitamin water $$$$$$
Nuvilex Expects to Continue Success of Cell-in-a-Box Technology with Marijuana-Based Treatments
Nuvilex Expects to Continue Success of Cell-in-a-Box Technology with Marijuana-Based Treatments
NEW YORK, NY--(Marketwired - Feb 10, 2014) - If Nuvilex, Inc. (OTCQB: NVLX) can use the Cell-in-a-Box™ technology to develop marijuana-based treatments for cancer with the same success it has seen in two independent clinical trials to develop a treatment for advanced inoperable pancreatic cancer, then the Cannabis industry is in for some real fireworks.
Last week Nuvilex announced it will, in fact, use the unique and proprietary cellulose-based live-cell encapsulation technology, Cell-in-a-Box, to develop treatments for serious and deadly forms of cancer. In the announcement, the company stated the revolutionary treatments will deliver cancer-fighting agents based on constituents of Cannabis known as cannabinoids.
Since the company acquired the exclusive worldwide rights to use the technology to develop treatments for all types of cancer, Nuvilex's work with marijuana will include developing treatments for some of the deadliest and most difficult-to-treat forms of cancer, such as gliomas and pancreatic cancer. With late-phase clinical trials in advanced inoperable pancreatic cancer in Nuvilex's future, the company will likely learn a great deal from those trials which will use Cell-in-a-Box combined with the anti-cancer prodrug ifosfamide that it can then apply to its work with cannabinoids.
Nuvilex stated that the type of cells encapsulated using Cell-in-a-Box to develop marijuana-based treatments will be those that optimize the effectiveness and safety of naturally-occurring cannabinoids against deadly cancers in the same way the technology was used in developing a unique treatment for pancreatic cancer. Dr. Mark Rabe, is the Chairman of the Scientific Advisory Board for Nuvilex's Cannabis subsidiary, Medical Marijuana Sciences, and he believes that the company is in a unique position to develop cannabinoid-based treatments for cancer that will set it far apart from others in the medical marijuana arena.
For those following the Nuvilex story, you're well aware that Cell-in-a-Box has proven it can compete with the likes of Eli Lilly and Celgene in early pancreatic cancer results, so if its past is a prelude to its future, cancer patients could be in very good hands.
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Same here I got out of EXMT too soon! Before that last run!! But wat can you do!!
Why not make it a spin off of BITCOIN @ this point.
All weed stocks taking a hit!!
Can it really happen this time. What is really in the works?
@NET_Life_Tweets: As aligned with our national partnerships, the website will launch next. ALL applications will be available for download and submission.
@NET_Life_Tweets: We apologize for the delay in the website launch. Our web-based partners & NET LIFE have been in a BETA Testing Mode to certify success.
Can you believe this up it goes!!!
at the end of the month?