Ananas Growth Ventures sounds similar to what Matt is talking about in this video, what they did for Nature’s Treatment of Illinois. I guess in this case, they could use MNAO for equity financing, to help fund these types of companies and we would get an ownership %.

https://ntillinois.com/

News, they just released their first PR for MNAO, sounds like they will be operating (2) separate public companies MNAO and PNPL.

https://www.globenewswire.com/news-release/2023/02/09/2605459/0/en/Minaro-Corp-MNAO-Executes-Share-Exchange-and-Rebranding.html

I'll put a bid in as soon as possible after the CE comes off, probably be some folks who have been in a looong time anxious to sell.

If MNAO takes off, which is a pretty good chance given the ss and the fact its a new issue, that would/ or should also benefit PNPL. I'd imagine they would like to see this over $5 and 'Penny Stock Exempt', which should open up some better financing options for them and greatly increase the pool of potential investors.

Only 2 trades since August, that's crazy but there is not much of anything available to trade either.

You can follow them on the OTC Markets Corporate Actions page, just scroll down to the 'Caveat Emptor', I check it a couple times a week, I'm generally more interested in 'Tier Changes' though.

https://www.otcmarkets.com/market-activity/corporate-actions

BTW got onboard as mod here, while we don't know what the plan is exactly, I'll put some info in the iBox when I get a chance.

Its possible MNAO may hold the plant touching assets(ie delivery, dispensaries, etc) and PNPL the non-plant touching ones(ie property rentals, cannabis business licensing, consulting etc) but I have no clue, I'm just speculating at this point.

Wow interesting, never looked at that one but I like the transparency, how they kept shareholders in the loop throughout the whole laborious process and what it takes to resume trading normally after suspension.

Its not easy, its why only a few companies have ever done in in OTC history. It appears PNPL is at the last hurdle, getting the CE removed. OTCM needs to make this process less time consuming and more straightforward, especially after the regulators clear the new Form 211. 1) They should not have the kind of power to manipulate the trading of a stock, at their own whim, with zero transparency.....and 2) they need all the companies they can get paying their various fees, they are not doing very well since the rule change went into effect. If it was not for international listings, they would be hurting big time.

They just released this news 2 days ago. Only a very small handful of companies in OTC history have come back like this after suspension, the most recent being PTZH.

https://www.globenewswire.com/news-release/2023/02/07/2602957/0/en/Pineapple-Inc-PNPL-Demonstrates-Compliance-with-FINRA-211-Process-to-Initiate-Public-Quotations.html

This was the PTZH timeline:

So it took about 10 months after the new Form 211 was cleared by FINRA to get the CE removed and 6 months after normal quotation began. PNPL just went 'Proprietary Quote Eligible' on Feb 6th but they could still have awhile to go to get the CE off, at least based on the PTZH timeframe.

So I think the CE will come off, historically there is not a lot to go by but it SHOULD happen eventually. Question is what's the plan after that...?? Do they merge the two entities, or operate them separately..?? If the CE comes off PNPL, then I don't see the point of a merger really...then again I don't see why they would have acquired another public company either.
MNAO seems like it will have the more valuable assets, so I think I perfer owning these shares....BUT....I might buy PNPL as soon as the CE comes off, or at least bid on it, jic they do merge, or give spinoff shares of MNAO or something. I regretted not buying the first available shares of PTZH, as soon as the CE came off.

I really no idea what the full plan is but whatever it is, is interesting to me, seems like there are a lot of wheels turning behind the scenes right now.

Remember Seedo, they made that cannabis grow box that looked like a mini-fridge and went public several years ago? They partnered with Snoop and that got some pretty good volume and pps increase.......until they went out business of course...lol.

At this point, I'm just waiting for FINRA to process the name change. If it was submitted on Dec 30th, then we should get it soon, as FINRA has been taking about 5 or 6 weeks to processes corporate actions as of late. I don't think its necessarily a guarantee its going to happen, so without that we could be screwed. Though they could continue as Minaro Corp or sell the shell I suppose.

If and when the name change happens, then hopefully we'll get some kind of update on what the current direction is. I don't want to see a PNPL merger, I just got a bad feeling that could be a complete disaster.....I'd stay far away from PNPL, that CE could follow here post merger IMO.

Found it on Google Earth...!

Only problem is that its not in California and its not an Oil Refinery....lol. Its actually a LNG plant in the Van Phong Economic Zone, Khanh Hoa province of Vietnam.

https://vir.com.vn/us-millennium-energy-corporation-proposes-two-lng-projects-in-van-phong-ez-84264.html



Here is a screenshot from their video, the candy cane striped tower in the background is the Van Phong 1 thermal power plant in Vietnam



https://theinvestor.vn/khanh-hoa-economic-zone-targets-mega-projects-billions-of-dollars-d2015.html

Looks like they are working with Snoop, that should bring in some volume when folks find out I would think.

Yeah, being illiquid for a long period of time, then all the sudden getting a ton of volume out of the blue, with no rational explanation, has always been a good way to get suspended pretty quickly.

Seems like trying to bring in a more consistent level of volume, organically, even if it isn't huge $$$'s is maybe a better approach this time around. Then they can bide their time for the big boards...and real volume... which was supposedly the original plan with Pineapple Express 1.0.

There are going to be some challenges here for sure, even though their previous tickers went on huge runs, they were ultimately a big mess in the end, cannabis stocks are not what they were back in 2015/16 and the OTC itself is not what it use to be either, investors are gone, volume is WAY down in general...its ugly.

I see they updated the profile at OTCM, sounds like we'll be more focused on the Pineapple Express dispensaries themselves, unlike PNPL which was more about the other assets....though wont surprise me if we end up with many of the old PNPL assets, other than the “Pineapple Park” cannabis cultivation complex as I believe that was sold.

https://www.otcmarkets.com/stock/MNAO/profile

Yes, I'm starting to see this more and more now. IMO I think its because the regulators are trying to crack down on custodianships. Basically if any mandatory SEC filings are missing when the Form 15 was filed, FINRA is no longer processing name and symbol changes.

Before, custodians could take over any zombie ticker, that had not had filings in eons, file a Form 15, start filing OTC Markets disclosure, get Pink Current, then sell those shells to be used in reverse mergers.

Now it appears they have killed that, as any merging company would not be able to change the name and symbol of the shell any longer.

Me too, I've been following since 2014 and have been accumulating shares for about a year now. I had high hopes for this because of the great share structure and how the number of shares held at DTC has stayed so incredibly low during that time.

I have no idea what's going on.... if anything.... but some buys today on Expert seems like a good sign........hopefully.

I have absolutely no clue, right now it's Expert Market, so it can only be traded by 'sophisticated investors', no mainstream brokers will allow you to buy it.

They recently filed a Form 15 to deregister its shares and terminate their SEC filing requirements( ie 'go dark') usually an indication they are either giving up completely or will be filing disclosure through OTC Markets instead.

Once in a while you see a Form 15 filed when a public company is acquired in a reverse merger and the acquired company survives as a wholly-owned subsidiary of the acquiror.

Couple hits @ $1.94, highest price since Jan 2021 I believe...and on Expert no less??....hopefully an indication something happening behind the scenes.

Interesting, getting a few buys today on the Expert Market @ .51. I do occasionally recall Form 15's getting filed in advance of an ownership change/merger, not entirely sure why that happened but now I wonder if that's perhaps the case here....hmm.....or maybe just wishful thinking....who knows.

Looks like Feinstein essentially just bought back the 20M shares of PNPL were issued in this material agreement you posted for $50K. Hard to say what's going on there, perhaps winding things down...idk...?? Obviously has something to do with MNAO and the movement of assets here IMO.

https://www.otcmarkets.com/filing/html?id=16349028&guid=zr2-kpLgC76Vvhh

We'll have to see going forward, if these types like this one, OPUS, etc, can actually get mergers, name and symbol changes approved by the regulators....I suspect not but I guess we'll see. If not that will eliminate the vast majority of the tickers in Expert from being used by custodians. Its just another way the regulators are trying to kill off the OTC for good, they are hitting it on all fronts......and its working.

Yep, its terrible, if it was not for foreign tickers(ADRs, F stocks, etc) OTC Markets Group would be in deep doo-doo, as there are only around 2200 US based common stocks trading on the Pink, QB and QX any more.....and most of those are illiquid. So basically you only have around 500-800 US based common stocks trading more than a few thousand shares on a daily basis, its pathetic. I don't think OTCM even realized the impact this would have on the OTC.

If they are giving up on this, why not sell it to someone like David Lazar(Activist Investing LLC) for a low price, so at least the few shareholders in it have a chance at an exit someday, I'm sure he would not have a problem finding a merger candidate with this share structure.

$1,161,000,000, hit the magic billion dollar MC....lol....and with 300M o/s 146M unrestricted and already 22M held at DTC. Its only been trading a week and a half, how did they get so many shares cleared and deposited at DTC so quickly...?? Lots of red flags here.

Yikes, Form 15-12G just filed, can only hope they are going to continue to file disclosure through OTC Markets or looks like I could be SOL here.

This was the heyday of Pineapple Express (1.0), from September 2015 to April 2016. No other trading time period really matters much as the name change to Pineapple Express was around September 21st 2015 and the suspension was April 28th 2016, so anything before that was a different company and anything after that had a CE on it and could not really be traded much.

During this time period a lot of news and shareholder updates were released. So for about the first 4 months the stock was quite illiquid, trading in the $1 - $2 range, very minimal volume. Then in Jan '16 you see volume start to pick up and climbs into the $3 -$11 dollar range and is pretty stable for about 3 months.....IMO this was probably the beginning of some sort of awareness generation or promotion but to me there are different types of 'promos'....there are awareness campaigns and there are p&ds, the chart does not look like a p&d to me at this point.

In late March/early April, there is an explosion in volume and pps, a couple of the days are over $1M in dollar volume, the day it hits $42+ is $2M+ dollar volume day, this is more your typical looking promo or possibly some social media pumpers ran it. I'd imagine a lot of people on social media were pumping the Medbox run to $200+ so that could have caused the spike as well.

On April 3rd it gets a CE(after it hits $1 Billion dollar MC) and there is a big pps correction back down to $12 or so, then stabilizes for a couple more weeks around $15 - $20 until the suspension on April 28th 2016 then drops off hard back down to $1 and below.

Honestly, even opening up Expert Market for trading may not help. The regulators are cracking down on custodian takeovers, I talked to a securities lawyer who works for Lazar and number of other custodians last year, I had sent him a ticker I had, that I thought would be a good one for a custodian as it was a new issue and the vast majority of the float was still in cert form and could potentially get cancelled.

He basically said that if any of these zombie tickers were late filing their Form 15 and are missing any mandatory SEC flings, they likely wont work any more, as the regulators wont approve any mergers, name/symbol changes, etc. You can't just take over one of these zombies and file a Form 15 years later, as before, even if just a few Q's are missing, that can render them useless.

$930,000,000 MC now...! Still waiting to hear from David Einhorn, the SEC, the FBI, OTCM, Interpol and worldwide news agencies on this ridiculous MC though......lol.

Perhaps rather than a merger, assets have been shifted around and what use to be in PNPL will end up in MNAO...?? Its confusing but that's what it sounds like to me in the PNPL filings, as PNPL Holdings, Inc, is a wholly owned subsidiary of Pineapple Consolidated Inc, which MNAO just acquired 50% of.

So the old PNPL assets, which came from their 45% ownership in PVI are now owned by PNPL Holdings Inc/ Pineapple Consolidated Inc which is dba as Pineapple Express Cannabis Co(MNAO).

More I think about it, might not be a good idea to merge with PNPL. While it would eliminate the confusion of having two public 'Pineapple Express' companies, it does not really bring anything to MNAO other than the shareholders (ie dilution) as it looks like the valuable assets have either been sold and/or moved into the holding company.

So you would really just be bringing in baggage, if the merger was even allowed by the regulators with the CE on PNPL anyway. Also, connecting the two companies, could result in OTCM adding a CE to MNAO, so why risk it. Would suck for the PNPL shareholders but that's the way it goes sometimes, I've been there in a similar situation. I would just file a Form 15 in PNPL and be done with it, safer they way, as the CE does not look like its coming off.

They put a lot of time and effort into getting PNPL trading again, most companies never even try, just disappear, so a merger could be a definite possibility. While as a MNAO shareholder I'd rather not see that additional dilution, I could also understand if they wanted to do right by the shareholders there, after all these years of waiting and give them a chance at an exit someday. Just as long as its not a 1:1 exchange, nothing that added more than about 15M or so tops to the o/s.

Does not look like many shares have traded in the last few years, since Jan 1st, 2018, there has only been 4 days that have traded over 10K shares, with 15K being the highest.

Looking at the PNPL filing, apparently, the SEC found no wrongdoing and did not recommend any enforcement action after the suspension in 2016.....so they were able to get a MM to file a Form 211, had it cleared by FINRA, got off the Greys and resumed normal quotation......BUT.....for whatever reason, still could not get OTCM to remove the CE.

Of course OTCM can hold companies hostage with the CE, at their own discretion and nothing can be done about it......they should not have that kind of power but that's the way it is now since the brokers wont let you trade anything with a CE. It does not seem like it was lack of effort on the Pineapple's part though......so this may have been their only option....a better option even, as now they got a nice clean, new issue with a great ss and without any old baggage.

I still think there is going to be a lot of confusion with the two tickers with similar names but I feel more positive about this now, IMO its still high risk/high reward though....but they should be able to mitigate risk as long as everything is done the right way, as I believe the regulators will be watching closely.

They should have called it Pineapple Consolidated, Inc, FINRA would not approve the name change from Pineapple Express, Inc to Pineapple Inc in PNPL.....so now you have 2 tickers with essentially the same name, which is going to royally confuse people.

You need a flow chart to understand all these various 'Pineapple' entities, how they are all connected.....lol. MNAO has 50% of Pineapple Consolidated, Inc but what assets or subsidiaries and what % does that consist of...??

Whatever it is needs to be completely separate from Pineapple Express, Inc, or the regulators are just going to see that as them trying to circumvent the suspension IMO. If FINRA approves this name change, then I think we'll be in better shape.... but they will be under a microscope, I can pretty much guarantee that.

Have you been able to make any sense out of all these different 'Pineapple' entities and how the ownership percentages work out...??

I see the Pineapple Express(1.0) PNPL, was trading at around $1.50 in December of 2015, shot up to $20 by April and got suspended due to “unusual and unexplained market activity in the company’s stock that raises concerns about the adequacy of publicly-available information regarding the company.”

I suspect the SEC was likely watching it, as one of the original co-founders of 'Pineapple Express' was Vincent Mehdizadeh of Medbox. I remember hearing about Medbox, it was one of the first big cannabis runners back in the day, went from like $1 - $200+, started the whole cannabis stock craze in the early 2010's.

I guess MNAO is essentially Pineapple Express 2.0. Honestly, I'm not sure how that's going to fly, we'll see if FINRA approves the name change, if so then that's a good sign. Could be on a short leash with the SEC, I don't know but I hope it works out.

I had a lot of luck with another pot delivery company a few years ago, Driven Deliveries, Inc, so I'll let this one play out and see where it goes, especially given the price they paid for this....

However with that said, I don't really understand what's going on with the other public 'Pineapple Express', maybe they gave up on that one, looks like its had CE for years. Maybe they thought they could clean it up and get it removed, gave up and bought a clean shell MNAO to use.....but I have no idea, I've barely looked into it thus far.

I'm just glad its not Chinese, they tend to buy most of these new issue, reverse merger vehicles like this.

No GNS, been busy with another ticker.

I'll have to research this one over the weekend, no time today. I do see they paid a tremendous amount of $$$s for MNAO, $540K, that's one of the higher prices I've ever seen paid for a reverse merger vehicle.

I'm not sure how Pineapple Consolidated, Inc, is connected to some of these various other 'Pineapple' companies, Pineapple Express, Pineapple Inc, Pineapple Ventures, etc. looks like one is already public, not 100% sure what's going on there exactly yet.

https://www.pineappleconsolidated.com/

.01 - $14 in 4 days.....WOW...! There were tons of shares to be had @ .02 on the first day of trading, in fact there was 35K on the ASK @ .02 at one point.

There is the 8K..!

https://www.otcmarkets.com/filing/html?id=16323631&guid=yjs-knyCPTZ7dth

$714,000,000 million dollar market cap now with $610K dollars in assets and a Net Loss in 2022 = $7,563,565....something tells me we wont see the same outrage from all the news agencies in the World that HWIN got when it hit $100M MC though...hmm.

LDDD: New on the Oriental Trading Companies exchange yesterday @ 1.00, Chinese, GLED, pretty huge o/s and float(300M o/s 146M float) MC already $300M, getting some volume today but not my cup of tea at all.

http://www.longduoduo.net/

https://www.otcmarkets.com/stock/LDDD/security

You would think Coker was 'El Chapo' the way this story has been blown out of proportion....lol. I would rank this in the top 5 craziest things I've seen in 25+ years follow penny stocks. Their lawyers need to focus on the paltry amount of dollar volume and sales in HWINs entire trading history, then show the jury what some real pump and dumps look like, especially high dollar stock promotions, where those behind them rake in millions.

Someone sold quite a bit yesterday, about 80K shares mostly dumped @ around .02.