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to all NEW readers thinking of buying - I ask one simple question
why would you?
look at who runs the company
look at the chart
look at the share count
look at the outstanding shares
look at the authorized shares
look at the market cap
look at how they do business with insders
watch the shareholder video and focus on the doctors presentation - that definitely should make you run
DILUTION heaven - so buy buy buy
look and run
see you below .01 - and no don't buy there eiterh because it is going sub sub sub penny
way to much discussion on what may or may not happen at the FDA
keep the facts to CANB - and there isn't to many things going good
you have endless dilution to offset any prefabricated revenue numbers
the profit numbers will always be mindboggling huge losses
buy a 500 dollar product out of a vending machine :) - sams units are small enough maybe they are next
scam company run by scam artists
but hey keep making it sound like the FDA and CANB have some special thing going lol
see you below .01
why is your post addressing an entity outside of CANB? The FDA shouldn't be reviewed
start by analyzing the insiders of CANB = they are dilution experts - look at the history of at least 13 companies they have diluted to extinction
all this FDA - look in CANB's own backyard
those are facts
FDA bs is all fiction as CANB has no say in what they will or will not do
repost as this should never have been deleted
if you are new to CANB - a summary of FACTS:
1.) CEO has been busted multiple times before as being a scammer - it is consistent over a 20 year period - every so often he gets busted
2.) insiders of the company are dilution experts - my opinion is they would be in the dilution hall of fame for their work on previous companies - impressive
3.) CANB had basically zero sales but already 3 types of shares - all 3 are in use already - welcome to dilution heaven
4.) for a laugh - watch a few vidoes of the CEO selling wrapmail which was the company before CANB - zero sales with that company i believe
5.) company enters into very poor financial transactions with insiders - they are poor transactions because the company already has goodwill lol
6.) 1.5 billion authorized - this should be enough info to make you never want to buy a share
7.) stock promo's in the past - normal way to do business - business is to share shares
8.) the CANB products are nothing special - THC free - come one anyone can do this
9.) based on the current arrangement with insiders - this company is destined to go subpenny so they can cash out their shares - they have an endless supply to give themselves and have been doing it since day one
10.) you are welcome
i strongly encourage people to read the first three sentences of this post
and than ask yourself - how many companies do you know need 1.5 BILLION lol
this post is gold
GUARANTEED to be below .01
i take this back as something isn't right
where is deferred income in relation to revenue
this is bullchit accounting - as for them to get 300k in the first quarter - they most likely booked 35 days worth - they had the product for less than a month from what i remember - or they are just straightlining it
the whole accounting treatment of the SAMS thing is illogical
why is it PPE? if the cost is going thru depreciation and they are front loading the revenue - where is the matching?
you have to have deferred income on this - again nothing is clear cut
as i said the simple math doesn't add up - this thing is going to burn and burn out big
GUARANTEED to be below .01 soon
they forgot to mention:
officially increased authorized to 1.5 BILLION
entered into insider transactions which make it impossible for the company to be profitable
diluted ihub posters without mercy
made silly statements such as applying for the Nasdaq, hockey stick revenue increases etc etc
added nonstop useless directors - completely useless
entered into a partnership with a subpenny stock scam company
and basically sucked
but it was an awesome buy at .06 :)
it would take any company less than one day to be compliant with any FDA requirements which they aren't compliant with if its as simple as THC free
stop trying to make it sound as if there is a monopoly on this
some suppliers will feel the hurt - but canb isn't a supplier - it is a distributer - it sells piss poor CBD
its "lab" and all that equipment will be useless once the FDA criteria are known
USELESS
they will be like all other small CBD distributers - looking for a supplier with the right criteria
hope you are buying at these bargain prices? oh wait - that was at .09, 08, 07, 06, 05, 04, 03, 02? right?
if you are new to CANB - a summary of FACTS:
1.) CEO has been busted multiple times before as being a scammer - it is consistent over a 20 year period - every so often he gets busted
2.) insiders of the company are dilution experts - my opinion is they would be in the dilution hall of fame for their work on previous companies - impressive
3.) CANB had basically zero sales but already 3 types of shares - all 3 are in use already - welcome to dilution heaven
4.) for a laugh - watch a few vidoes of the CEO selling wrapmail which was the company before CANB - zero sales with that company i believe
5.) company enters into very poor financial transactions with insiders - they are poor transactions because the company already has goodwill lol
6.) 1.5 billion authorized - this should be enough info to make you never want to buy a share
7.) stock promo's in the past - normal way to do business - business is to share shares
8.) the CANB products are nothing special - THC free - come one anyone can do this
9.) based on the current arrangement with insiders - this company is destined to go subpenny so they can cash out their shares - they have an endless supply to give themselves and have been doing it since day one
10.) you are welcome
surprised the SAMS unit is doing so well with sales - would have never forecasted such a nice revenue stream in such a short period - well done CANB
in terms of working capital it is still a complete disaster and they are counting revenue when billed - not when collected which is usually the case with a start up company that has no history behind the reimbursement process
but anyway - it will be millions below what most of the experts in here forecasted but i give credit where credit is due.
NOW, having said that lol - that only means that the CBD products sales are dismal - scammingly dismal
read the notes to the financial and put 2 + 2 = my simple math from 3 months ago
SCAM HEAVEN
see you below .01
buy buy buy - all you can lol
so ummm if this company doesn't have any toxic financing - than ummm why is there such a huge difference between actual and fully diluted
why even have diluted shares?
i have my answers but just curious as no one has brought this up
see you below .01
revenue seems to be a hot topic here
how do penny stock scam companies generate revenue? the same way CANB is doing it
its all in the numbers folks - has nothing to do with THC or other bullshit folks are using to make CANB look good - they bought shit companies from friends which basically had zero sales - not how real companies work - it is how scam companies work
company is a scam and its starting to fill its bubble - that bubble will burst - GURANTEEED
also GUARANTEED to go below .01
buy buy buy lol
DO THE MATH
BALANCE SHEET is starting to show what a scam this company is - last time i pointed out simple math, this time its even simpler :)
company is going nowhere fast lol
see you below .01
buy buy buy
finally we have our 1.5 billion authorized - they most likely waited until they had to make the increase
gone are the good days when we only had 200 million shares, and even when we crossed the guaranteed disaster level of 500 million
soon we will cross the 750 million threshold
lmao
see you below .01 - that is guaranteed
scam company run by proven busted dilution expert scammers
you have approx. 8 more to find and than when done with him
look up our hall of fame dilution team
and than try to tell me this isn't a SCAM company
I hope folks are letting it sink in when smart money was buying at .09, .08, .07, .06, 05, 04, .03
folks are sinking they are so far under water
company is a scam run by proven busted scam artists - do your research
Nasdaq here we come lol
see you below .01
show me one company where the share price was diluted to below .01 and was successful?
there are none
there are thousands that dump billions of shares at .0001 though
retail looks to making 50% when it goes to .0002 - insiders dumping the shares make millions
CANB will be no different as the guys running it have done this over and over and over and over and over - do some DD
trying to make it look like CANB knows what the FDA is doing is deceitful
I post facts - not many can say that on this board
no he/she doesn't benefit - how much can one benefit based on risk
how does one benefit with the risk/ reward? How many shares are you willing to short to make 2 cents? No one would do this as it does not make any sense.
the price action is indicating that someone props up the stock at a certain level for others to dump - it has been doing this since .09
fyi - remember to short a penny stock you need to put up 2.5 dollars a share and than find a broker to give you shares to short - the cost to the broker will be greater than any potential profit.
be wary of those who think CANB is being held back - its being propped up so the dump can occur
the real dump comes below .01 when the insiders make tons of money at your expense
this company sells shares - careful of the folks who try to make it sound like CANB is unique and heads and shoulders above everyone else - they can't even get other penny stock companies as partners - that is how sad CANB is - FACT!
CANB is an embarrassment in the industry - just look at the shareholders video and listen for all the scam sentences and explanations - than look at the financials - scam companies have financials like CANB - no company with potential does
looks like the vending machines will get us on the Nasdaq lol - most took the Nasdaq listing as visionary and pumped this to no end in the chat - SCAM companies PR Nasdaq listing but have no idea how to get there
SCAM company run by documented SCAM ARTISTS - I posted facts many many months ago who is behind this company
dilution has always been the strategy - look at all their former companies
see you below .01
you do understand that there is zero benefit from shorting a 3 cents stock?
see you below .01
I will answer with a couple of questions first :)
how many less than 5 cent per share companies do you know that have actually announced plans to move up to the Nasdaq were scam companies
how many 1.5 billion authorized share companies do you know that have made it to the Nasdaq
how many companies where there past history is all about scamming people have made it to the Nasdaq, specifically dilute to oblivion
how many former busted scam artist ceo's like our truly have led a company to a Nasdaq listing
anyone that mentions Nasdaq listing - well nevermind - I hope they keep buying at these levels
the answer is obvious to all - going below .01
sub penny is the plan and always WAS - KNOW YOUR INSIDERS
so many people are happy to be buying in the .02's
well, get ready to rejoice and thank the heavens
.01's coming soon
if you want the truth you have to go back to the pender days
same people same result
some pointed that out to you but you decided to act arrogant
this thing is going to zero - buy the dips - you deserve it
it was great to add when it was .09
it was nice to add when it was .08
it was super exciting to add when it was .07
it was a no brainer to add at .06
it was to easy to add at .05
it was awesome to add at .04
it was super cheap to add at .03
see this list again when it hits .02
and this is guaranteed to go below .01
was wrapmail a scam company?
not a scam?
who owned pure leaf?
who did they give 50% of duramed to?
who owned the other company they bought ?
who increased the authorized shares to 1.5 billion because the are so impressive?
see you below .01 as this is nothing but a scam - just look at the share structure lol
insiders of canb - all they do is dilute companies to oblivion
you will wish that CANB trades as well as its new partner NGBL
you can't show me one post where you have been accurate
guaranteed to go below ..01
if you are new or thinking of buying this POS - you should familiarize yourself with the insiders
dilution experts - guaranteed to go below .01
Going below .o1
highly recommend watching the shareholders meeting how the questions of Nasdaq listing were answered lmao
keep buying the dips - dip buyers from .1 are are in the know lmao
if it was considered cash why did they dilute so much lol
working capital of this company is suicide - they will have to dilute by the 10's of millions each month
it is why I said months ago they will have to increase the authorized
1.5 billion won't last long either - see you below .01
yes I see that but I have a feeling that is where they stuck the sam purchases - even though it makes no sense
company did not spend 700k on equipment - no way - that is all sams crap imo
which would be the difference if you take the 59k as the real equipment cost
guess we will have to wait until yearend when they will hopefully provide a summary depreciation schedule by asset type
no shareholder should be feeling good about CANB after watching the video
see you below .01
last 5 min says it all - they are going to dilute and dilute some more and when they are done diluting they will rinse and repeat
the answers to all the Nasdaq questions was soooo uncomfortable - how will they get to 4 bucks a share - organically lmao ;))))))
doctor had to correct the bs about SAMS - that was very telling that none of these guys understand the words they speak - especially marco
in short, CANB is behind the times
see you below .01
hour into the video and zero new information
ZERO
actually everyone on this board was caught by surprise when they announced the increase
except me as I gave a couple months notice that they had to increase the shares as they have no cash
they still have no cash
I campaign for the truth :) - 100% correct on these penny stock scammers - look them all up and you will be amazed at what you find about your ceo and other directors and insiders
there isn't one person who understands what a balance sheet is and shows that would agree with what was stated
the financials were quickly reviewed and than moved on to what CANB does - introducing its advisors
they call themselves smart business guys - I would think the shareholders think differently because almost all of them are under water
joke
lol they have less than 25 people that aren't associated with the company in that room
so sad
the explanation of stock based compensation is just sad - my god how do these guys sleep at night with the crap they are saying
lol they are comparing themselves to amazon lmao
wow just wow at what they are saying lol
bunch of lies so far from the video
bearded guy is the only one that knows how to talk lol - watch how he cuts off all the other insiders
stated 100's of thousands in equipment = balance sheet says he is way way way off
stated they are profitable - couldn't be more wrong
waiting to see if the scan the room with camera and it looks empty lmao
this is a joke
to all those investors who keep repeating my typo - please find below how I predicted with 100% confidence that they will increase the authorized
never been wrong on this stock yet - they are out of cash and this thing is going below .01
TIMBER
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147139949