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KARL RIEDEL has one helluva-
track record-
PAO Group Holds Shareholder Conference Call with Incoming CEO to Share His Vision for the Company
SANDUSKY, Ohio -- January 22, 2019 -- InvestorsHub NewsWire -- PAO Group, Inc. (OTC: PAOG) recently held a shareholder conference call on January 16, 2019, where Interim CEO Arthur Hall introduced Incoming CEO Karl Riedel to share his vision for the company.
Incoming CEO Karl Riedel is excited to be talking the helm of PAOG. Riedel discussed his plans to take PAO Group, Inc. in a new direction following its recent transfer of alternative medical centers to Rising Biosciences, Inc. (OTC: RBII). He assured shareholders that the new direction of PAOG remains in line with the original mission of the company, which is to provide patient relief through alternative medicines including cannabis treatment.
Riedel holds a Bachelors Degree from Miami University (Oxford, OH) and attended law school at University of Miami (FL). He most recently worked for VMR Products, LLC a Miami-based company that was the largest online vendor of electronic cigarettes and vapor devices. He grew the largest affiliate program in the vapor industry with over 9000 affiliates worldwide, and was responsible for generating $100MM+ in revenue for the company. "I've had a lot of experience with online and offline marketing initiatives, and press and media relations, and I helped take a startup to an international organization," stated Riedel. He most recently helped carry VMR Products to an acquisition by JUUL Labs, Inc. in October 2018:
https://ecigintelligence.com/juul-buys-world-online-leader-vmr-in-75m-deal/
"I'm very passionate about the cannabis industry. I believe that the direction we want to take PAO Group is very strong. I believe that the medical cannabis market is a huge and growing industry and right now our initial target is to tackle the Michigan market," stated Riedel. His short-term goal is to expand his team's current cannabis grow operation in the state of Michigan to a much larger scale, and he believes that the market in Michigan is ripe for expansion due to the recent passing of recreational marihuana in November 2018. Riedel brings a new management team to PAOG with diverse experience, and he is confident that market domination can be achieved through effective branding, targeted marketing, and delivering a premium quality product.
His focus is not only on tackling the Michigan cannabis market, but also on expanding to other markets as the political climate in the US continues to evolve. According to Riedel, "My intentions for PAO Group is to actually take this company and build something with brick and mortar, and grow to a very large presence that transcends not just the Michigan market, but there are also some other markets that I'd like to expand into." Riedel also stated that he and his team have begun targeting potential acquisition of other players in the Michigan industry who simply do not intend to apply for licensing under the new regulations, which took effect January 1, 2019. "
Riedel advised that his team is currently in the process of applying for medical marihuana facility licensing in the state of Michigan, and he anticipates that the preliminary applications will be submitted before the end of the month with the MI Department of Licensing And Regulatory Affairs (LARA). He indicated that the group is pursuing a Grower License, as well as a Processor License. He also advised that they are currently working with multiple realtors to scout potential locations for the business to operate.
To address shareholder concerns, Riedel indicated that under new management he does not intend to conduct any reverse splits on the total number of outstanding shares of the company. He discussed a potential future round of fundraising at an appropriate time to expand the MI business operation, and confirmed that he is currently negotiating some very significant debt reductions with the company's current debt holders to reduce the financial liability of PAOG by Q2 2019.
Overall, Riedel is poised to assume the new CEO role of PAOG and eager to take the lead. "I'm very excited about the opportunities we have with PAO Group and the direction we can take it in the future," he stated. This conference call shed light on the new direction for the company and offered shareholders a long term vision for PAOG with a solid plan to achieve these objectives under new management.
I strongly agree, DOC- its evident-
when he said he was ready for "bigger things" after his involvement with selling VMR to JUUL for $ 75 MILLION DOLLARS$$$ !!!!
we are extremely fortunate to have KARL as our new CEO.
GO PAOG $$$$$$$
I see MARCH-APRIL when we really take off-
it will be interesting to see what KARL RIEDEL has in store for us here.
exciting times ahead for PAOG $$$.
GOOD LUCK TO ALL PAOG SHAREHOLDERS- "WE GOT THIS ONE ".
GO PAOG $$$$$$$
I only got filled for-
40 k shares @ .0047 today. still letting my PAOG shares accumulate .
almost @ 5 mil. shares STRONG $$$$$$$
KARL RIEDEL has quite a reputation-
I guess turning $ 25k company into $ 75 MILLION DOLLARS $ will do that.
cannot wait to see where he takes PAOG $$$$$$
PAOG CEO Karl Riedel concluded: "I want to reiterate that we have our sights set on a long term goal of expansion into other markets in the cannabis industry, and our aim is become a major player and potential acquisition target, or begin acquisitions of our own. The cannabis industry is growing at a rapid rate, and the political climate in the United State is ripe for the current 'green rush.' According to the CEO of Altria Group Inc. (MO)*, Howard Willard recently stated that he anticipates the global cannabis market could reach $40 billion within 10 years with no new legalization laws, but up to $250 billion if marijuana becomes legal worldwide. Altria has been investing in many different companies in and around the sector, including a $1.8 billion investment for 45% stake in Cronos Group Inc., a Canadian marijuana company, as well as a $12.8 billion investment for 35% stake in Juul Labs Inc., the world's leading e-cigarette and vape manufacturer. Altria's CEO has made it very clear that they are not planning to stop at these recent investments. When I see statements like this from the industry's biggest players, I know that PAOG is in the right sector at the right time."
yep-our day is coming-
we have a "rock star CEO" at the helm here. gonna be an interesting year .
GO PAOG $$$$$$
I still think RBII will run up-
just like PAOG will soon. both are WINNERS $$$$$$$
patience will pay off here. been holding and adding PAOG shares
since January 2017. almost sold this many times , but holding solid here, and will wait for us to run soon. our day is coming with new CEO KARL RIEDEL.
GO PAOG $$$$$$
true- maronti- things can turn very quickly
here on the otc/bb. the "wild west" of stocks.
maronti- they didn't happen -
to give you a "shrmp-cocktail" with that did they ??
agreeed, bear- just look at what karl riedel-
did with VMR -it was sold for $ 75 million $$$$$$ to JUUL.
agreeed, bear- just look at what karl riedel-
did with VMR -it was sold for $ 75 million $$$$$$ to JUUL.
picked up another 200k shares today @ .0052-
.004's-.005's, all relative . we'll soon be over .01 here.
just a matter of time.
GO PAOG $$$$$$$
ATTENTION ALL SHEMPHOLDERS : -
DON'T LET THE SHORTS GET OUR SHARES !!
SET THE GOOD TIL CANCEL ORDERS @ $ 20 PPS.
Q:
What can you do to prevent your shares holdings from being shorted?
A:
Now what can the average personal investor do to stop their own shares being shorted, as believe me your own broker, if approached, WILL sell your own shares that they hold on your behalf as a nominee account.
There are two things you can do, the first is to certificate them but this is not obviously to everyone’s advantage but the alternative solution is simple. All you do is to phone your broker and put an order in saying that you wish to place your shares for sale at, for arguments sake, double today’s price. As they are ‘on order’ they cannot be lent out by your broker and in turn you are reducing the amount of ‘free shares’ out there that can be used for shorting purposes. And don’t forget to move your limit order up when the price starts to recover, then, that way your shares can’t be shorted – not much but helps :D.
Although an individual personal investor will not normally have enough shares to halt a concerted shorting attack, if a large number of holders did this it would reduce the overall amount of shares that they could get their hands on.
In my opinion well worth doing if not only for the knowledge that your own shares cannot and will not be used in a short attack against the very share that you own.
Just remember- IF there is any dips/pullbacks-
look for the same scenario we had on Friday- BUT on a much larger scale, as even more buyers on the sidelines waiting to get in, will push the pps UP even much higher . I've seen this happen sooooo many times before with a stock that's on FUEGO $$$$$$$
wishful thinking,lol-
but I don't blame you- now everyone wants in here cheaper, but I don't see this under $ 1 pps much longer- like by tomorrow afternoon.
MARK THIS POST $$$$$$
GO SHEMP $$$$$$$$
anyone here remember just how fast -
OWC$ went from under $ 1 to over $ 3 pps ?? it was blitzkrieg-fast !
and comparing that company to SHEMP, is like comparing apples to oranges.
the thing is- SOOOO many people want in -
SHEMP, that any pullbacks/dips will just be met with fast and furious buying ,like we saw on Friday . only a fool would not get in on this stock at this point and time. $ 1 pps is ALREADY a given now, and like its been stated by many people here, many are restricted from buying SHEMP while the pps is still under $ 1 pps. and once $ 1 pps is eclipsed, $ 2 pps will come so fast your heads will all spin off !
GO SHEMP $$$$$$$$$$$$$$$$$$$
SHMP = the next AMZN ?
well, ok- at least the next APPL.
GO SHMP $$$$$$$$$
its the beauty of the -
OTC/BB. you won't find this happening on naz., or s & p , that's for sure, lol.
glow- you hit the nail -
on the head. I have NEVER seen R/S work out for ANY stock on the
OTC/BB. its just another pps killer in the long run.
the beauty of-
the OTC/BB - is that at any given time, any "unknown little sub-penny stock" can take off, and make many little peeps very rich. back when OWCP was surpassing $ 3 pps, nobody was complaining. now, soo many disgruntled "held-on- too longs", are crying about this stock. they should have sold for 1000 %%% profits, and moved on to the next "owcp"- just look at SHM$- looks a lot like OWCP did 2 years ago. and pretty soon, there will be another "OWCP" to make new millionaires. you guys need to be glad about all the money you made from this stock . this party is over here.
good luck to all $$$$$$$$
staying totally confident with-
KARL RIEDEL. he will take this company to the next level- just like
he did with vmr.
GO PAOG $$$$$$$$$
Juul buys 'world online leader' VMR in $75m deal – ECigIntelligence
https://ecigintelligence.com/juul-buys-world-online-leader-vmr-in-75m-deal/
Oct 17, 2018 - Juul Labs has bought VMR – described by Time Magazine as “the market leader in online sales of e-cigs” – from High Praise, a wholly-owned ...
KARL RIEDEL is definitely a "rising rock star"-
of the otc/bb stock world. how much do you guys think he'll sell
PAOG for ?? interesting times ahead for us PAOG shareholders.
i'll "think" about selling my shares around $ 5- $ 6 pps.
GO PAOG $$$$$
cannot wait to see where KARL RIEDEL -
takes PAOG. gonna be an interesting year here. in the meantime- i'll keep on loading up on these "gift shares".
GO PAOG $$$$$
WE GOT THIS ONE $$$$$$$$$$
YUUUUP !!- HERE IT IS-
Incoming PAOG CEO Karl Riedel was employed most recently as Executive Vice President of Marketing for VMR Products LLC, the largest online vendor of electronic cigarettes and vapor devices. He was with the company for 8+ years and helped carry VMR through a recent acquisition by JUUL Labs, Inc. for $75M (https://vaping360.com/vape-news/72683/why-did-juul-buy-v2-and-vmr-products/). As Executive VP, he was responsible for overseeing online marketing initiatives, E-Commerce sales & promotions, Merchandising both domestically and internationally, Press and Media relations, Search Engine Optimization (SEO), Social Media influencers and engagement, and Affiliate Marketing initiatives. He built the largest affiliate program in the vapor industry the V2 Profit Affiliate Network with 9000+ affiliates worldwide generating traffic and sales to VMR's e-commerce websites.
AND- to think KARL RIEDEL -
stated he was ready for "bigger and better things "
$$ BILLIONS $$$ sound pretty good to me ,lol.
GO PAOG $$$$$$$
don't know about you guys, but i'm sure -
glad new CEO KARL RIEDEL is ours !!
Juul Labs revenue soars to more than $1 billion in 2018
Juul generates net revenues of more than $1 billion in 2018
By Dawn Kawamoto – Technology Reporter, San Francisco Business Times
a day ago
Altria Group, one of the world's largest marketers and producers of tobacco products, has a new crown Juul in its portfolio.
Juul Labs' generated net revenue in excess of $1 billion in 2018, up from $200 million the year prior. This has made Altria Group, the San Francisco-based electronic cigarette company's largest investor, amped about Juul's potential going forward.
“We are excited about Juul’s domestic growth and international prospects,” said Howard Willard, Altria CEO during the company’s quarterly earnings call.
Last year, Juul sold 473 million refill kit pods that hold the nicotine e-cigarette liquid, a 600 percent spike from 2017. Juul currently is in eight countries, with plans to add additional countries this year, Willard said.
Altria acquired a 35 percent stake in Juul in December for $12.8 billion as traditional tobacco sales take a hit.
The U.S. Food and Drug Administration has been less enthused with Juul over the past year.
Juul announced the Altria investment a month after the FDA said it would reign in the ability for e-cigarette makers to sell to retailers some of their flavored e-cigarette pods. The FDA issued its mandate due to a sharp rise in vaping among minors and young adults.
“We recognize that some of these actions may impact the short-term growth of the e-vapor category,” Willard warned.
In addition to growth concerns, the FDA's crackdown has led to pressure on Juul from the surrounding community and the Port and City of San Francisco.
Juul’s skyrocketing revenue led to rapid headcount growth and need to expand its headquarters. But its current location at the Port of San Francisco’s historic Pier 70 has drawn protests. Community members concerned about having an e-cigarette maker in the midst of minors and visitors who come to the area have called on the port to kick Juul out of the city-owned property.
Juul currently has 292 employees working at its Pier 70 location, where it leases 45,000 square feet in Building 104. It also has a lease for 15,000 square feet in Building 102, but that space is not yet ready for occupancy, according to the Port. San Francisco City Attorney Dennis Herrera represents the Port's interests and has been in discussions with Juul and Orton Development, which holds the Pier 70 master lease with Port.
The city attorney requested information from both Juul and Orton and is currently reviewing the submitted materials to see if Orton and Juul are in compliance with the terms of their respective leases with the Port and local laws.
Juul plans to use Building 102 primarily for office space, while Building 104 is used for product design and development, with plans his larger space for research, development and design of the product line.
Although Juul is conducting R&D at its Pier 70 facilities, the research process and testing does not involve firing up its e-cigarettes, said Ted Kwong, a Juul spokesman. California labor laws prohibit, among other things, the burning, or carrying of lighted or heated tobacco that is intended for inhalation in the workplace. The city attorney’s office has not yet conducted a physical inspection of Juul’s Pier 70 facilities, but it reserves the right to do so, said John Cote, a spokesman for the city attorney’s office.
wasn't our new CEO- KARL RIEDEL-
involved in this $ 75 MILLION DOLLAR DEAL ??
Juul buys ‘world online leader’ VMR in $75m deal
Written by Daniel Mollenkamp || 17th October 2018 || Business briefing |
Juul Labs has bought VMR – described by Time Magazine as “the market leader in online sales of e-cigs” – from High Praise, a wholly-owned subsidiary of Huabao International Holdings of Hong Kong.
VMR describes itself as “the world’s largest online e-cigarette retailer”. It claims its V2 brand is the number one online e-cig brand in the US and the fifth highest-selling in US retail.
many, many GREEN days ahead for PAOG-
cannot wait to see where we are headed.
GO PAOG $$$$$$$$
nice reversal today-
those .004's could be gone for good ??
kinda sad to see them go so soon, I was busy loading shares....
same here, doog-
was there when "ACCEPT " opened up for R.J.D.- and the huge dragon came out on stage ! what a show that was !
man, those 80's memories, lol. lots of great times .
BUT- the GREAT TIMES are about to RETURN with PAOG $$$$$
GO PAOG $$$$$$$
I do think we will hit-
high .003's , but that's it. there's too many buyers looking to get in here, and most people know what's coming for this company with karl riedel at the helm. stay PATIENT, and always keep some "dry powder" for the dips.
fortunes will be made with PAOG $$$$$$$$$$
the "SMART MONEY" is loading up here- take advantage of these dips- get your averages down- and then be PATIENT for the HUGE RUN that will be
coming.
GO PAOG $$$$$$$$$$
maronti- "us old-timers" here-
know what we have with PAOG. we know when we have a "unicorn"
, and PAOG is definitely one. my advice is to buy as many shares as possible, and lock them away tight. I have my "good til cancel sell orders set @ $ 1.50 right now, and I will raise that price as the pps rises.
NOT going to let my shares get "shorted out".
GLTU
GO PAOG $$$$$$$$
"WE GOT THIS ONE ".
SWIM- you really got an excellent buy -
@ .0051 . I also added another 100k share today @ .005.
the "patient longs " will be rewarded with PAOG.
I see this stock easily surpassing .10 cents this SPRING.
i'm closing in on 5 mil. shares, and will continue to add beyond that.
how many shares will be enough once this company really starts kicking it into hi - gear ? I have said and will keep saying - PAOG will be the next
OWCP $$$$
WE GOT THIS ONE !
GO PAOG $$$$$$
P.S.- i'm hoping to get some .004's tomorrow, but that will be highly unlikely.
GOOD LUCK TO ALL PAOG 'ers $$$$$$$$$$
Patience is the key here , pink- now is major accumulation time . Smart money is taking advantage of this low pps and boats are getting loaded with PAOG shares.
Nice, steady accumulation going on. I'm still adding shares and luving these gift prices. gO PAOG $$$$
Incoming PAOG CEO Karl Riedel enthusiastically commented: "After my experience with VMR, I decided that I wanted to do something bigger. I am passionate about the cannabis industry and am confident that we can build a powerhouse brand in the Michigan market through a coordinated effort of delivering high quality products, combined with effective branding and targeted marketing."
GO PAOG $$$$$$$$