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Here you go , a lot of great info:
http://cruzani.com/cruzani-ceo-blog/
Dennis68: please read, if you have read this already!!!!
To those who have an interest in learning more about Cruzani and our vision, we offer up this blog.
As with every other form of communication in the public market space, there are limitations to what can be discussed in this forum, however, the intention here is to explain, in more detail, our goals and objectives plainly and directly.
Our two main objectives are:
1) Continue to grow our asset base, increase revenue and strengthen the balance sheet with the as minimal dilution as possible.
2) Position the company to up list onto a higher exchange small cap tier sometime next year.
I will expand on these stated objectives in more detail in future posts when it appropriate.
We would also like to provide meaningful dialogue and information to any investors unfamiliar with operating a public company at this level.
First, to grow Oventa Foods Inc. requires a capital investment. As was previously disclosed in the exhibit to our 8k, when the Oventa acquisition was completed, we anticipate that it will cost approximately $3 million to fully recognize the $15-$25 million revenue capacity of the facility. As an offset to this investment, and to protect our shareholders, and increase our value, we gain title to nearly $7 million in hard equipment assets and an additional security lien on a building valued at $8.5 million.
Secondly Recipe Food Co. and the re branded TruFood Provision Co, will require smaller amounts of capital for growth and we can stage their growth more slowly as the market cap will bear.
I would like to now provide some dialogue related to funding at this stage in the company’s development:
We basically have two forms of funding available to us, debt (convertible…ie mostly toxic) and equity (using our own securities).
For any readers unfamiliar with convertible debt funding I’ll break it down as follows; A note is issued to the company using our stock as a guarantee. Most of these forms of debt instruments have expensive repayment provisions which can cost between 20% to 40% in the first six months of the note. If the note isn’t repaid within that time frame, the lender then has the right to convert these shares at a discount to the market price that is commonly between 35% and 60%. Such conversions often create a downward spiral effect since the note holder always has a cost basis lower than the current market price. In This senerio, the company has no control over how or when the shares are sold. Additionally, this type of financing creates a huge derivative liability. This type of liability is an inhibitor to up listing. Simply put, convertible debt is not a viable option to consider for a company looking to establish and cultivate strong shareholder value.
That leaves us with the two basic types of equity based lending as far friendlier options; Regulation A or S1.
We chose the S1 over the Reg A because it can be variable priced and because it is far less expensive.
With the Reg A, if the stock price varies more than 20%, PubCo’s then have to re file it. That is a time consuming and expensive process. In addition, the standard discount to market expected by Reg A funding sources is 30 to 35%. In addition, we would have to drop back to alternative reporting status.
The company was able to obtain an S1 financing commitment with a built in 15% discount to market. This is a very reasonable capital cost. There are a couple of rules however; the stock must trade above 1 cent per share and the company must be OTCQB certified. These qualifications are why a reverse split was mentioned in the S1 filing. Another major advantage, to an S1 in addition to cost, is that the company controls the dilution giving us the option to draw on the S1 or not. There are also anti short selling provisions in agreement with the counterparty.
I can sincerely say that I hope a reverse won’t be necessary to meet the requirements of the S1. We have nearly $7 million in hard assets and are approaching $2 million in per annum revenues, and yet our market cap is less than $1 million. Given our current vastly undervalued conditions, we had no choice but to build in a reverse split back up plan into our S1 to assure we can meet our stated 2019 targets.
With that said however, we have definitely NOT filed for a reverse split. Filing for a reverse is a process that requires two notification periods and FINRA approval. Generally, it takes at least 40 days to file for and complete a reverse, and we can amend the S1 at any time before it’s ever deemed effective, and eliminate or lesson the ratio of the reverse, if needed.
Candidly speaking, it takes capital to grow a business as I know everyone is aware. What should be looked at right now is, are we obtaining the most efficient funding that is the least impactful, and are we offsetting the dilution by spending wisely and increasing shareholder value.
It is my sincere hope that this blog will become a useful tool in helping our shareholders and supporters understand some of the steps we take to achieve the goals.
Everett Dickson
It also states to file a R/S and rules in S1 states they have to file and it will take 40 days. If it get filed all shareholders will know when it will take place.
So if pps gets to .01 and holds for 10 days and the market loves what CZNI has in assets in revenue, We should be sitting very well as shareholders $$$$$$
We truly have a Gem here with CZNI!!!!!!!
Cheers & GLTA
Must Read !!!!!! I very good reminder!!!!
To those who have an interest in learning more about Cruzani and our vision, we offer up this blog.
As with every other form of communication in the public market space, there are limitations to what can be discussed in this forum, however, the intention here is to explain, in more detail, our goals and objectives plainly and directly.
Our two main objectives are:
1) Continue to grow our asset base, increase revenue and strengthen the balance sheet with the as minimal dilution as possible.
2) Position the company to up list onto a higher exchange small cap tier sometime next year.
I will expand on these stated objectives in more detail in future posts when it appropriate.
We would also like to provide meaningful dialogue and information to any investors unfamiliar with operating a public company at this level.
First, to grow Oventa Foods Inc. requires a capital investment. As was previously disclosed in the exhibit to our 8k, when the Oventa acquisition was completed, we anticipate that it will cost approximately $3 million to fully recognize the $15-$25 million revenue capacity of the facility. As an offset to this investment, and to protect our shareholders, and increase our value, we gain title to nearly $7 million in hard equipment assets and an additional security lien on a building valued at $8.5 million.
Secondly Recipe Food Co. and the re branded TruFood Provision Co, will require smaller amounts of capital for growth and we can stage their growth more slowly as the market cap will bear.
I would like to now provide some dialogue related to funding at this stage in the company’s development:
We basically have two forms of funding available to us, debt (convertible…ie mostly toxic) and equity (using our own securities).
For any readers unfamiliar with convertible debt funding I’ll break it down as follows; A note is issued to the company using our stock as a guarantee. Most of these forms of debt instruments have expensive repayment provisions which can cost between 20% to 40% in the first six months of the note. If the note isn’t repaid within that time frame, the lender then has the right to convert these shares at a discount to the market price that is commonly between 35% and 60%. Such conversions often create a downward spiral effect since the note holder always has a cost basis lower than the current market price. In This senerio, the company has no control over how or when the shares are sold. Additionally, this type of financing creates a huge derivative liability. This type of liability is an inhibitor to up listing. Simply put, convertible debt is not a viable option to consider for a company looking to establish and cultivate strong shareholder value.
That leaves us with the two basic types of equity based lending as far friendlier options; Regulation A or S1.
We chose the S1 over the Reg A because it can be variable priced and because it is far less expensive.
With the Reg A, if the stock price varies more than 20%, PubCo’s then have to re file it. That is a time consuming and expensive process. In addition, the standard discount to market expected by Reg A funding sources is 30 to 35%. In addition, we would have to drop back to alternative reporting status.
The company was able to obtain an S1 financing commitment with a built in 15% discount to market. This is a very reasonable capital cost. There are a couple of rules however; the stock must trade above 1 cent per share and the company must be OTCQB certified. These qualifications are why a reverse split was mentioned in the S1 filing. Another major advantage, to an S1 in addition to cost, is that the company controls the dilution giving us the option to draw on the S1 or not. There are also anti short selling provisions in agreement with the counterparty.
I can sincerely say that I hope a reverse won’t be necessary to meet the requirements of the S1. We have nearly $7 million in hard assets and are approaching $2 million in per annum revenues, and yet our market cap is less than $1 million. Given our current vastly undervalued conditions, we had no choice but to build in a reverse split back up plan into our S1 to assure we can meet our stated 2019 targets.
With that said however, we have definitely NOT filed for a reverse split. Filing for a reverse is a process that requires two notification periods and FINRA approval. Generally, it takes at least 40 days to file for and complete a reverse, and we can amend the S1 at any time before it’s ever deemed effective, and eliminate or lesson the ratio of the reverse, if needed.
Candidly speaking, it takes capital to grow a business as I know everyone is aware. What should be looked at right now is, are we obtaining the most efficient funding that is the least impactful, and are we offsetting the dilution by spending wisely and increasing shareholder value.
It is my sincere hope that this blog will become a useful tool in helping our shareholders and supporters understand some of the steps we take to achieve the goals.
Everett Dickson
My god is there really a endless supply 12’s
There know way any one shareholder that has that many 12’s to sell???? 14mil again on 12’s WTF this is getting to be ridiculous
Do we know when this date is??
Thanks
Cheers
We just need a few very deep pockets!!!! That will get us rolling again $$$$
Well lets see some huge block taken out!!! So Monday morning starts out on top!!!
Amen!!!!
Very nice, someone slapping both cheeks on this 12’s now lets start working on those 13’s
Let the party begin $$$$$$
Lets go CZNI
Our CEO is on a roll !!!!!! Just keeps getting better & better!!!!
CRUZANI Snack Innovation: The MondoChurro!™ https://finance.yahoo.com/news/cruzani-snack-innovation-mondochurro-143000027.html
Sweet, then we will both ride this baby all the way to the top!!!!
Its going to be a fun ride very soon!!!
I think we will see this take off , with in a few weeks it will happen before they post Q3 it will be insider buy huge blocks !! It will catch everyone sitting on the sidelines with their panties around your ankles lol wishing they got in!!!! All the DD posted and if you do your own everything leads to this to be bursting at the seams. And charts are showing signs for a break-out . So with all the positive signs , Im loaded heavy and going to enjoy this ride!!!!!
Well good luck & Cheers
Yes, thats not bad is it!!! Have you enter yet or still deciding??
Its time to load up as much as you can!!!!! This going to shoot up fast!!! They just closed the biggest deal in the CBD hemp patch!!! It’s already on the shelves and also and one major retail stores Amazon that selling there product!!!!
This is a no brainer !!
The latest is here
https://www.otcmarkets.com/stock/CZNI/security
Absolutely agreed 10,000% knowing what we all know now. This is why i said what i said!!!!! Ive been adding and adding for weeks now. Today alone added 6mil to my already huge pile. Knowing what we all know my self cant believe we are still at these levels???? So that being said , it not it difficult decision to keep adding. Its crazy not to keep adding , also with so many very smart people on this board , I believe they all been doing the same same!!! We all done our homework with lots of our own DD . To make i very easy decision to load up as much as they can. Just like your self , you have a very nice pile your sitting on. We both know this is going to run and when it does , its going to run fast. This is when we all be doing the Happy Dance.. hahaha
Cheers
Well as bad as it looks !!!!! It was a really good damn day !!!!! A hole lot of 12’s sold also held very strong the last few days . So if we now hold at these levels tell Q3 hits the news stands. Confirming & showing huge revenues. Then this will show how truly undervalued we truly are!!!! Our CEO has been very open and transparent and honest. ( well as far as i can see) with us shareholders. Not like most CEO’s down here in penny world. And there isnt no 12 billion shares that only takes most scam bag CEO to dump in 3 months!!!! There’s very few penny stocks that have
“revenue “-“audited filings” very low O/S and low float!!!! We have real value and a very sold management team!!! That’s building true value for there shareholders!!! I’ll bet with 1000’s of penny stocks!! You can Count on one hand to find a company like CZNI!!!! The ones that Believe and with little patients will be rewarded 100 fold I guarantee it!!!!
Is it hard to hold long in penny stocks!!!!! Hell yes it is!!!! But I’m going to be one of those shareholders that does!!!! Because I believe in what CZNI is doing and the rewards will be life changing!!!! This is the stock that could potential make you a millionaire !!!!! I’m tired of hearing about others how they did it . I want to be one of them and this is the stock that could make many a lot of damn money $$$$$$
Cheers & GLTA
Or maybe, this ready to go Kabooom!!!!! Any minute now. Watching very close!!!
So you better grab some of those 12’s
Okay, well lets take out these 12’s 13’s now you ready????
Thats okay, that 8mil more to my pile!!!
Whos the dummy selling 11’s !!!! The Question is why ??????
Good Morning BB: i agree , i know its have to coming soon. Thats why i added another 5mil of 12’s to my pile already. If we all team up here and take out these damn 12’s 13’s this will start moving!!!!
Cheers
Good Morning Doog: care to share what are they???
Yes we will see, But i think we will reach that level!!!!! See now 13’s are up!!! So i’ll see you at the top$$$$$ this ready any minute to go Kabooom $$$$$
Lets go CZNI!!!! Team work lets push this baby back up where it needs tobe!!!!
Wtf is there a endless supply if 12’s I tried to take out every one!!!! 12’s are a huge gift $$$
Wow, almost stalled for 60min. Watch then we go Boom!!!! And the way we go !!!!
Lets go CZNI!!!!!! Team work let get this baby moving!!!! We can do this !!!! You all ready???? Lets do this NOW !!!!!
Lets go CZNI!!!!! Team work wins every time!!
Good Morning everyone & CZNI!!!!!! Are will going to crack 16’s today, and keep pushing upward . We have way to many things happening with CZNI and some very smart traders on this board!!!!! If will get to 25 to 30 and it holds strong!!!! Wow then the chase is on big time!!!!
Cheers everyone!!!!!
And your point is ??? Well because both are still nothing more then a true
Pump & dump !!!!! And you know it is the truth!!!
12 billion O/S and they cant even do audit findings!!!! But some high school project high school extra credits!!!! Truly SAD and take some ones hard earned money!! On these kinda of BS stocks !!!
Really!!! 12 billion shares!!! What a joke !!! This will be truly nothing more the a huge
PUMP & DUMP !!!!! Also never seen Q’s filing look like some 10yr old did them as a school project for extra credits !!!!
Yes we do!!!! He is a mover & shaker !!!! He have built a great team of people!!!! Having a awesome team makes this a huge opportunity $$$$$$
Now is the time to load up every dime!!!! I will add 20mil more to my pile. Then after tonight when i win that 970mil lottery. I’ll push this up to a few dollars lol
GL Cheers
You say in only 3 weeks !!!!! Q filings will be out???? This will be the time , when everyone & Wall Street boys will see CZNI real value!!!!! This is when we shoot up like a slingshot $$$$$$$
Cheers
Wow!!!! Shut the FRONT DOOR!!!!! Amazon already sells our new product !!!!! Wait tell they start infusing there new line of products !!!! Holy shit batman !!!!!
Exciting days & weeks ahead !!!!!
Cheers
Good Morning doog: & CZNI!!!!! Yes this is another exciting time for the company (CZNI) There are moving fast, and being in the right place and time !!!!! In the last two months what our CEO has accomplished !!!!! In a very short time. Its been exciting for my self when I enter this back at .0008 and this ride keep getting better & better as every week that passes!!!! Cant wait to here when our CEO talking about ?? Company now makes huge profits month after month. Long term i see this being something very big. As our CEO keeps building and adding more value to the company!!!
Cheers doog!!!!
Knowing when to hold them or keeping flipping!!! Making money is the name of the game!!! And doing just fine !! This isnt my first rodeo , let the fun begin!!!!
This is good damn news 8K hope tomorrow this will take us where this should be!!!
https://www.otcmarkets.com/filing/html?id=13014081&guid=nZlMUnYhoP7Ksyh
Agree Rugbyne1: I wish also that MM would cut the cord and let it run, the past few weeks there been so much buying & selling, and for what ever reason someone stops us from climbing ??? Or company is adding new shares to the market that’s stopping us from climbing ??? But either way at some point will start to climb and it will climb fast!!!
Cheers
Good Morning all & Cruzani,inc (CZNI) Has everyone here ever taking the time to look and read everything thing on there website???
First there website looks awesome & looks very professional!!!!!!
Second: The resources information they provide give you the grand scope of what they have achieved !!! Castle reading all this information and what their vision their goals would get anybody excited from shareholders to small businesses wanting to get recognized by the public sector..
Third : im happy to be apart of this growing business!!!! Holding long and strong
Cheers everyone