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Looking forward to the worthless "divident's". (you can't make this stuff up, now THAT's hilarious)
I got another story that's hilarious....Zazz, e-vape, Uruguay, Wholesale Agreements with American Green, teaming agreement with Second Sun Grow, SmARTnergy, CannaTRAK, Bitcoin Labs, Arctic Solar Engineering, German PV manufacturers, coal mines, URVape, distribution agreements, Colorado Flower Company and so much more... and the great thing about THIS story is that it never ends...
Happy New Year!
8K out - Item 8.01. Other Events.
On December 22, 2015, FutureWorld Corp's board of directors approved the spin-off of the remaining equity holdings of FutureLand Corp (FUTL) to its shareholders. The Company will issue the remaining equity in FutureLand Corp (FUTL) as dividend to all its shareholders on the "record date". The "record date" and "dividend date" will be set with the approval of FINRA. The Company will file with FINRA for approval of the divident.
http://ih.advfn.com/p.php?pid=nmona&article=69837214
LOL whats a "divident"
Hey, FWDG... how about making the shares I already have tradable so I can dump 'em for pennies and move on with my life?!
Misguided... deliberately, IMO ... all along .. just like those who invested in IFX*.. Sam has a looooooong history of all fluff and no follow thru. Best of luck to all!
Again, How is Hemptech using Infrax tech when there is no agreement in place? On July 26th it was stated by "HEMPTECH" that:
We went back to the agreement that was signed last year before the rescinded merger. It was in the 8K.
Then on September 2nd, it was stated that:
HempTech does have an agreement with IFXY. We will provide access to the agreement. Thanks.
Yet this was NEVER provided....
Can you please point out the 8K, 10Q, 10K or any other reference that states, that you "went back to the agreement that was signed last year before the rescinded merger"? I, and others, still just can't seem to find it. TIA
As 2015 comes to a close and FWDG is officially a huge loss, tax write off..I thought I'd share this gem from earlier in the year highlight the successes (Or lack there of) that Sam Talari has brought us all:
FutureWorld (FWDG) Provides Shareholder Update I - 2015
Corporate Progress Report - Moving at Light Speed (excuse me while I laugh...LOL)
January 12, 2015 08:20 ET | Source: FutureWorld Energy Inc.
ST. PETERSBURG, FL, Jan. 12, 2015 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTCQB: FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announces the following letter to its shareholders from our Chairman & CEO Sam Talari:
Dear Fellow Shareholders, as the CEO of FutureWorld, I would like to update all of you on our current business progress and upcoming events:
To reiterate my previous letter, we are currently involved in many "picks and shovel" ancillary business enterprises associated with the Hemp/Cannabis industry and will continue to delve even further as the space continues to evolve. Our overall strategy is to have a foot print in all states that have a legalized Hemp/Cannabis marketplace with diverse products and services. This will allow us to be at the forefront of this growth industry which may at some point surpass even the tobacco market, now worth close to $200 billion per year.
($2B a year market and our market value is near dirt...this is where the pick and shovel will come in handy to bury this stinky turd of a stock)
We are on the verge of creating perhaps the most enormous agricultural industry ever contemplated. Industrial Hemp alone could generate billions of dollars per year and create thousands of jobs. Cannabis, on the pharmaceutical level, will become a major competitor to the global trillion dollar pharmaceutical industry. We are living at a great point in history that may never repeat itself. Our job at FutureWorld is not only to become part of this history but also influence this history.
(May never repeat itself?? if you look at Sam Talari's history in the OTC you'll see that history most CERTAINLY repeats itself)
From the beginning we have decided, with total certainty, to be vertically integrated and cover the most important and profitable sectors of the cannabis market. Hence, we have developed business lines that have much better revenue trajectory than other segments of the industry. Of course, building a business in an industry that has just come into existence has not been easy, but that has only strengthened our resolve. We have had to invest heavily in the market segments that we deemed more profitable than others, while not neglecting our responsibility for the needs of the industry as a whole.
Since our last shareholder update, we have been able to monetize our investment in the segments of the market we have chosen. To summarize our accomplishments, I have categorized our discussion points in this shareholder letter based upon upcoming events and individual subsidiary business progress.
(change "upcoming events" to NON EVENTS)
Upcoming Events - Revenue
Our third quarter (Q) ending December 31st, 2014, will demonstrate the revenue trajectory of our company and our overall progress so far. It will show close to 140,000% increase in revenue from prior quarter ending December 31st, 2013 and close to 550% increase in revenue from the second quarter 2014. Revenue increase was contributed by two of our subsidiaries; CB scientific and FutureLand properties. We expect the revenue trajectory to continue increasing momentum when all of our subsidiaries are running full throttle in the coming quarters.
(revenue? You mean the money that funded Sam's salary...oh that money)
Upcoming Events - Spin-Offs
Also per our business model, our goal has always been to return meaningful or even substantial ROI to our investors by spinning-off our subsidiaries. Hence, we have started the process of the spinning-off our first three subsidiaries in the coming months of 2015. These are CB scientific, HempTech, and URVape.
(NONE of which came to fruition in 2015...though Futureland FUT* did...but is currently restricted and the share price will match FWDG's by the time ANYONE is allowed to sell)
The spin-off shares of these three companies initially will be held by an independent trustee, subject to irrevocable instructions to distribute those shares to FutureWorld shareholders of record as of January 1, 2015, February 1, 2015, March 1, 2015, April 1, 2015 and May 1, 2015. The distributions will be made when the shares could be sold by the holders pursuant to an effective registration statement filed with the Securities and Exchange Commission or an exemption from such registration.
We have finished the initial process of our first spin-off, URVape, and starting the development of CB scientific and HempTech as we proceed further. We expect one to three spin-offs per year as we progress developing the business in this revolutionary burgeoning industry. We may consider speedier processes by reverse merging the subsidiaries if the right opportunity arises.
(we have finished the initial process of URVAPE? Really now? Is URVAPE even in existence anymore?)
Subsidiaries Business Progress
1. FutureLand Properties, LLC.
FutureLand Properties, LLC, closed on 237 acres in southern Colorado on October 30th, 2014 for the purpose of leasing to licensed Cannabis and Hemp growers. The decision was made based on increased demand for medical and recreational cannabis and loosening of some restrictions in Colorado. Since the purchase the value of the property has increased 1400%, making it one of the most valuable asset held by the company.
The Company will finance and build cutting-edge grow facilities for qualified licensed participants using HempTech technologies. Due to the large available acreage on the purchased land, we foresee multiple multi-million dollar large grow facilities and vast agricultural space available for farming hemp. The Company will grow Hemp for its own production in the near future. FutureLand also plans on similar projects in other legal cannabis states.
On December 2014, FutureLand Properties entered into a land and greenhouse lease agreement with Colorado Flower Company, LTD, a Colorado LLC, for the growing of medical and recreational cannabis. The master lease agreement calls for six figure monthly lease payments for the land, the greenhouse and the technology. The Commercial Agreement is for five (5) years and for a consideration of $370,000 per month. As we build other grow facilities, we will expand our revenue exponentially for FutureLand and its parent company, FutureWorld Corp.
(Colorado Flower Company, LTD? HOW ARE THEY DOING WITH THIS VENTURE?)
2. URVape, Inc.
URVape was started to contribute to the current revolution, which has become an international phenomenon, known as the "Vaping" industry. After studying the marketplace, with more than 466 vendors attempting to reach nicotine consumers, we recognized early on that there were unsupported claims and deficiencies in the products and e-liquids being sold. As a result, URVape has dedicated itself to providing products that are free of any substances which, when heated for vaping, could be harmful. Through our in-house Product Development personnel, and through the hiring of a consultant whose area of expertise is microbiology, specific to cannabis and vaping, we have developed two primary device changes that are being patented.
(are there even any employees left?)
The goal is to become the market leader of safe vaping materials. To that end, URVape has Trademarked "SafeVape" for use in describing the technologies utilized in bringing both devices and e-liquids to the marketplace. The E-cigarette, Cannabis and Herbal vaping industry is an ever growing and evolving industry. We are fortunate to be part of this historical moment in time where consumers around the globe will finally have access to natural plant derivatives to enhance their health and enjoyment without the inherent side effects of synthetic medicines.
So after months of redevelopment, URVape will be introducing "SafeVape" products in the beginning of February, 2015. With the unveiling of our new products, URVape will ramp up production selling vaporizer pens in legal cannabis states in conjunction with licensed cannabis extract (oil) and hemp (CBD) providers. The company has recently signed a major agreement with such a provider in the state of Colorado and expects to sign more agreements in the coming months.
3. CB scientific, Inc.
CB scientific, located in Denver Colorado, has introduced the most technologically advanced product in the entire industry; PocketLabs or PersonalAnalytics for THC and CBD. These personal test kits have allowed individuals and companies the instant power to test their products for potency and viability without the need for expensive and time consuming labs. The extent of this innovation was appreciated recently by industry insiders when PersonalAnalytics was awarded "2014 Product of The Year" after only 94 days since product launch.
So far, we have sold thousands of the kits all around the country and we expect to heavily increase our sales even further in 2015 by signing substantial distribution agreements with major distributers and promoters, selling thousands more kits per month in 2015. CB scientific has created a niche in a segment which was non-existent only few months prior. CB scientific is on track to contribute heftily to the Company's bottom line as it expands its current product lines and opens up new ones.
(we all know the story of this one... boy meets Sam, Sam promises boy the world, Boy makes product of the year, Sam sues boy and destroys all hope of product ever seeing the shelves, Sam starts new CBSci, rinse repeat, its the tale as old as time)
4. HempTech Corp.
HempTech Corp has several products available right now specifically geared to helping cultivators of industrial hemp and medical cannabis to maximize yields while helping to control costs. HempTech products includes CaNNaLyTiXâ„¢ , SPIDerâ„¢ , SmartSenseâ„¢, SmartNergy, and CaNNaTRAKâ„¢. HempTech has developed key technologies using sensor automation and big data to create grow profiles on successful cannabis/hemp strains. This revolutionary model would allow the growers to replicate cannabis strains for profitability and effectiveness. We are in the process of showcasing our products to major grow facilities.
Since our last update, HempTech has signed a major Commercial Agreement with a grower in Colorado to provide high-tech automation solutions to control all processes in the greenhouse based on HempTech's state-of-the-art technologies. The Commercial Agreement is for five (5) years and for consideration of $205,000 per month. We expect similar agreements in the coming months from other grow facilities which will make HempTech one of the largest providers of grow technology to the cannabis/hemp industry and beyond.
(Ahhh Hemptech.. you are my favorite of them all... a company that exists to recycle the tech of IFX*... based on an agreement that was destroyed in favor of a buyout from Infrax, but then the sale never happened and the licensing agreement was NEVER reestablished even though Cam insists it was but Never showed public proof that it exists... funny, I thought you had to, BY LAW, file with the SEC on such matters... but what do I know...)
5. NutraCann Labs, Inc.
Although you may have heard about this new subsidiary, FutureWorld has organized a new company to manage the extensive interest in our new line of CBD oil called "Essence". CBD market is currently a $300M industry and growing at a dizzying pace. It is estimated to reach in billions by 2018.
We have factored (pharmaceutical grade) CBD oil to be one of the greatest revenue generating potentials for our company going forward. Initial retail sales will be through 1ml cartridges, 10ml & 50ml bottles and starter kits with the sleek URVape vaporizer pen. Bulk rate kilograms will also be available at the wholesale level. We have plans to increase distribution of the CBD oil up to 1000 Kilograms by the end of the year, making it our most profitable endeavor thus far.
FutureWorld is determined and pleased to continue down this exciting path to create a global company, bringing value to the industry by introducing world-class technologies and creating value for our shareholders by increased revenue and profitability. As the only company in the industry with such a diverse amount of products and services, we will continue bringing the market up to Cannabis 2.0.
(Cannabis 2.0? More like Windows 3.1 - tech nerds will get that joke))
Regards
Sam Talari
CEO
http://globenewswire.com/news-release/2015/01/12/696677/10115152/en/FutureWorld-FWDG-Provides-Shareholder-Update-I-2015.html
All my comments are, of course, in my honest and humble opinion... blah blah... I hope everyone has a way better 2016 than we all did in this stink hole! GLTA!
"We expect all these spin-offs to be the most exciting and profitable" - As opposed to FUT* which was a colossal failure ... History repeats... GLTA
I see Sammy and Co, the leading providers of advanced BS and scamming the global cannabis industry and investors out of their hard earn dollars, are still at it... .0001 is an amazing achievement, Sam! Kudos!
Happy Holidays and as always, GL to all!
thanks for the straight up answer! ;) I just thought it was odd! GLTU!
FWDG - Give me (all of us) something to "cheer" about. Answer your share holders questions instead of deleting them on other social outlets. Censorship is NOT transparency.
Ok answers that. a 10k share take down. I can see many are excited to jump in here today.
Did they halt or suspend trading on FWDG?? Anyone?
Truth. 35 minutes still no volume..what gives?
Theres an open MOD SPOT, you should take it.
No Volume
Dadx4, Altec and others! So sorry to see this in the trips again. Im hoping for the best for all remaining here. Sammy strikes again! Best of luck guys!
Oh yeah, forgot about that.
Apparently. SMH
I hope you are not pointing fingers. Or making threats. Personally, Never shorted this or any stock in my life. But wishing I had, I wouldn't be complaining so much! The only thing short in my acct are the number of spaces holding numbers.
And pumping a stock positively in hopes of selling your shares to someone else at a higher price, isn't? Just sayin'
BTW, your post IS off topic... and as a former MOD here I can tell you that 99.9% of the posts are deleted by IH ADMINs not the folks you see at the top of the page. So are they the crooks?
not really... I (unlike Sam) take responsibility for my poor decisions.
The post was removed from FB (probably by FWDG) but don't worry, I and others have a screen shot. For them to call me and Dadx4 Criminals or thugs is ridiculous. We've supported Sam for years until the BS became too much. I dont short the stock, I dont bash to drive the price down, Im just tired of the relentlessness BS and the continual pump up and fail we are getting from FWDG.
-'You get Divi's but dont sell them or you dont get them and by the way, this will coincide with us settling debt conversions so your original buy will crap the bed'...
-'we have a "suitor" but oh wait, it's my other company and btw the deal is off the table, so if you bought in hopes of that, Sorry..here's 50 more shares of FL.'
GIMME A F'IN BREAK, Are you kidding me? Do you understand WHY we (and I mean a LOT of WE'S) are pissed off??
I think we have a volume Standoff. Your move, FWDG!
LOL! At least he didn't call you a "criminal".
That is an excellent point! They wanted praise for the upcoming financials, "How come you harp on the negatives but don't praise us for our good revs" (Of course I am paraphrasing) but .. yeah, what revs? I did see a lot of blame being put on everyone else but NOT ONCE did I see them take responsibility for any of their actions.
On FB? I must have missed that one. Well, I did see the one calling me a criminal? Or was it a thug? SMH God forbid someone/anyone questions anything they do or say they are going to do or brings up anything they said they were going to do and never did... Sorry, it's my money here.
And that's why people are shorting the hell out of this.
I'll wait for mid trips. Or is it the bottom now? Or was that at .0055? or was it .003? No wait, bottom was in at .002 (triple bounce, right)...Dang Im wrong again.. new 52 week low will drop out soon enough.. Ugly, just like the now deleted comments from FWDG on FB.
ugly 0.001 x 6,170,000
I believe it.
Baseless? Funny. I've read every PR, 8K, Financial, FB, Twitter posts regarding the company, their actions and their promises. I follow the bouncing ball quite well and have a good knowledge of what has transpired (more so than most) My statements, comments, are based on past information. For instance, The termination of the licensing agreement for $2m between Infrax and Hemptech for use of IFX* tech:
we were recommended by our legal and accounting to discontinue the license agreement and instead consider outright purchase of HempTech by Infrax Systems. - See more at: http://www.equities.com/index.php?option=com_k2&view=newsdetail&id=225197#sthash.HMHIlmwn.dpuf
And then the dissolution of Hemptech/Infrax
both FutureWorld Corp and Infrax Systems have decided to rescind the transaction effective immediately. Both Parties desire to rescind the Transaction and return the ownership of both companies to their original state prior to the transaction with a signing of a Mutual Rescission Agreement and General Release.
http://ih.advfn.com/p.php?pid=nmona&article=66989117
Now this leaves a huge hole as far as the legality of Hemptech USING infrax tech... see my point? See how one thing leads to many many more questions? All I want is clarity on these events, as do others...
It's called Due Diligence...DD as the hip kids say. All the info is there and it is in no way shape or form BASELESS.
What? I asked how do you know folks do not own shares? I own quite a bit. But what I or others own is OT anyway. And doesnt matter here.
So does this also mean all this is off the table for Hemptech?
http://globenewswire.com/news-release/2015/04/27/728609/10130764/en/Infrax-Systems-IFXY-HempTech-Provide-Update-on-Key-Business-Activities.html
Wow. BTW, dont we have to deduct this from the FutureWorld (FWDG) Reports Fourth Quarter 2015 Financial Results?
-HempTech Corp - the Company has developed leading technologies for the agricultural industry and is on par to become a leader in grow technologies in the cannabis industry and beyond. HempTech was sold/spun off in Feb/March giving FutureWorld close to $20.5m in net income from gain on sale of asset.
and
-Total account receivable of $10 million as compared with $0 a year ago.
http://globenewswire.com/news-release/2015/05/12/735027/10133886/en/FutureWorld-FWDG-Reports-Fourth-Quarter-2015-Financial-Results.html
FWDG is the only one to blame here... sadly, they are not taking any responsibility for their failures to deliver. The current PPS is where it's at due to bad debt and poor decisions, In My Honest Opinion. Not from any investor sentiment.
My two cents.
Criminals? Is that Libel or "Liable"? SMH
Yes, you are missing a huge part of that story:
Nov. 5, 2014 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTCQB;FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announces that it has purchased controlling ownership interest in provisional patent #61/977,514, for Onsite Cannabis THC Potency Test Kit, from Angela Knittel, CEO of WMII Inc. Mrs. Knittel and her partners developed a similar process for THC potency and applied for a provisional patent covering and protecting the process. With the purchase of their controlling interest in the provisional patent #61/977,514, CB Scientific has become global leader in Cannabis personal THC and CBD analytics. The Company is also in the process of filing provisional patents for its own developed THC and CBD analytics, strengthening its position as the first mover and the global leader in cannabis personal analytics. - See more at: http://globenewswire.com/news-release/2014/11/05/680056/10106474/en/FutureWorld-FWDG-Subsidiary-CB-Scientific-Consolidates-Global-Cannabis-THC-CBD-Personal-Analytic.html#sthash.FThxCdnt.dpuf
-provisional patent #61/977,514 is similar to CBSci test kits, they originally struck a deal with Miss Knittel to purchase interest in her patent kits so there would be no conflicts there by controlling the market. Based on this from Worldwide Marijuana Community FB post (Miss Knittel):
The deal that we entered into last November with the manufacturer for the purchase of our provisional patent has to this day remained unsettled. We are removing the current test kit ad from our website. This situation has allowed WMII to retain our original test kit and to pursue the development of the next generation THC potency test kit.
What's unsettling is that they will now pursue their kits due to the (once again) failure of FWDG to secure the deal.
I call - BullChit. Shenanigans. And Poppycock. IMO, but by all means, FWDG, Spin that wheel.
Yes that is a major fail! Way to go, FWDG! They drop so many balls their floor is starting to look like the ball pit at Chuck E Cheeses!
They were going to pay a $2,000,000 one-time licensing agreement. That agreement got scrapped because of the pending sale. Now the sale is scrapped hence no agreement. Of course it does not make sense, this is a Talari stock.