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THEN SUPPLY THE DETAILS!!!!
I SEE NOTHING ABOUT FWDG IN THE FOLLOWING STATEMENT, NOTHING ABOUT ANY COMPANY AT ALL ACTUALLY:
Quote:
(A) The accounting firm, any covered person in the firm, or any of his or her immediate family members, has any direct investment in an audit client, such as stocks, bonds, notes, options, or other securities. The term direct investment includes an investment in an audit client through an intermediary if:
(1) The accounting firm, covered person, or immediate family member, alone or together with other persons, supervises or participates in the intermediary's investment decisions or has control over the intermediary; or
(2) The intermediary is not a diversified management investment company, as defined by section 5(b)(1) of the Investment Company Act of 1940, 15 U.S.C. 80a-5(b)(1), and has an investment in the audit client that amounts to 20% or more of the value of the intermediary's total investments.
And;
Quote:
(C) The accounting firm, any covered person in the firm, or any of his or her immediate family members, serves as voting trustee of a trust, or executor of an estate, containing the securities of an audit client, unless the accounting firm, covered person in the firm, or immediate family member has no authority to make investment decisions for the trust or estate.
LOW OS FOR A PENNY ,EXTREMELY LOW FOR 001!!!!! GLAD I GOT MINE WHILE THEY WERE AVAILABLE!
URVAPE, Inc.
As an alternative to cigarette smoking, vaping enables the user to inhale tobacco, marijuana and other non-tobacco based liquids using a personal vaporizer. The retail vaping industry is expected to be worth $3.5 billion in 2015 from $1.7 billion in 2013. The Company has studied the market and products, identified problems and dedicated itself to providing products that are free of harmful release when heated during vaping under the URVapeTM brand of vaporizer pens sold with a charger and refills. The Company is in consultation with an expert microbiologist and is developing two patented devices under a non-disclosure/ non- compete clause with an international vaping products manufacturer.
NutraCann Labs, Inc.
Approximately 2000 kilograms of CBD oil worth $200,000,000 is used in the United States. Based on the legalization of usage of medicinal marijuana, this figure is expected to increase. CannaVest, Inc. and Medical Marijuana, Inc. are the major suppliers in the US market. Due to the illegal nature of production of CBD oil, NutraCann sources it from Europe which enables the subsidiary to maintain a consistent supply to the market.
FutureWorld (OTC Pink: FWDG) is a diversified industrial hemp and medical cannabis company. The Company’s business model focuses on identifying, acquiring, developing and finally commercializing hemp and cannabis products, services and technologies.
FWDG intends to acquire products, technologies or companies that hold the promise of disruptive innovation and can generate a high return based on sound business strategies and processes. The Company’s subsidiaries include – NutraCann Labs, Inc., CB Scientific, Inc., URVape, Inc., HempTech Corp and FutureLand Corp. CB Scientific, Inc, DispenseTek, NutraCann, MedTest, Inc., and Bioceutical Sciences.
In December 2014, URVape received a trademark for SafeVape (US Trademark SN86462727) and CB Scientific received two provisional patents 62076016 & 62076012 for Consumer Cannabidiol Testing Kit & Consumer Tetrahydrocannabinol Testing Kit respectively. The Company has applied for a total of 9 trademarks and two patents securing its intellectual property.
SUBSIDIARIES LESS THEN A YEAR OLD
The Company’s ‘picks and shovels’ business model is geared towards generating maximum returns for its shareholders. The Company identifies potential targets and conducts stringent due diligence. Only when the results of the due diligence satisfy, the requisite criterion allows the Company proceed with the acquisition.
The due diligence involves marking target companies on their revenue potential, effectiveness, usefulness and time to market. The Company targets are preferred to be mature enough to provide a potential exit within a period of one to three years.
FutureWorld provides administrative, personnel and monetary support to the subsidiaries. The ongoing support ensures that the subsidiaries are on-track to achieve the milestones set to become independent and generate healthy returns.
For the medical cannabis and industrial hemp products and services, the Company has identified customers and will target them through internet sales, cooperatives, affiliate sales, wellness stores, collectives, master distributors and retail chain stores.
The Company has spun off one subsidiary entirely viz FutureLand Corp.
i got my dividends!!! :) and YES, they will become unrestricted
FWDG has recently incubated Bioceutical Sciences, a professionally run production, formulation and analytics lab, entering the research and production lab space in the cannabis market.
With over seventy years of combined experience, management of FWDG has done an exceptional job in establishing a structure for the Company to succeed. Conducting necessary due diligence and driving new acquisitions are intended to continue to generate returns for the investors of the Company.
The medical marijuana market was valued at $2.7 billion in 2014 and is expected to grow to $10.8 billion in the next five years. The industrial hemp market in 2014 is expected to be worth $500 million despite the ban on growing industrial hemp in the country. Developing unique and path breaking products and services in such an industry will enable the Company to position itself to take advantage of the growth.
its out: heres an excerpt:
Financial Forecasts and Valuation
- Based on our current forecasts, the Company will need to raise at least $5.0 million in equity capital in the near to intermediate term. Provided the Company raises the required capital, we forecast the Company’s revenues from operations to increase from $0.7 million in FYE-2015 to over $52.6 million in FYE-2021.
- We believe our financial forecasts are very conservative. The Company’s portfolio of technologies and products have potential for much higher revenues. Further, the spin-offs of various subsidiaries will further add significant value for FWDG. As a matter of example, the spin-off FutureLand alone can increase FWDGs net asset by $40 million to $50 million.
- If the Company is able to raise significant amout of debt and equity capital (close to $50 million) for investment, capital espenditure and working capital, and considering the tremendous growth opportunity in the Cannabis industry, FWDG may be able to achive revenue growth rates of close 100% year on year over the next five years.
- However, it is too early to forecast that. Hence, we have modled conservative estimates, which in our view can be achived based on the current performance and progress of the Company. Nevertheless, we may revist our financial forecasts regarding signifcant positive developments.
- The Cohen Price Index Target is calculated using 2015 Price-to-Earnings ratio (P/E), Cohen Price-to-Capital Employed ratio (P/CE), Cohen Discounted Cash Flow (DCF) method and Cohen Price Performance Index. The P/E and P/CE are based on market multiples and representative of the broader industry in which the Company operates. The Cohen Price Performance Index is a representative of the post coverage performance of all stocks covered by us. The last component in calculating the Cohen Price Index Target is the value derived using the long- term DCF valuation approach.
- Based on an average of these methods, FWDG common stock is valued at $0.0078 per share, 764.1% higher than the current stock price of $0.0009 per share.
- Note: the price target mentioned above is based on our conservative forecasts. The Company’s adjusted stock price has fallen substantially with the rest of the cannabis industry in the past 12-months. Given the conservative nature of forecasts coupled with expected increase in revenues, the share premium may be considerably higher than the current estimates.
Yes sir. BMAK and other MMs have been @ .0075 since they loaded
PUMA sold theres….and will have to chase, IMO
Distribution date was 6/15.... If you didn't hold past the bell on the 15th you lost your divvie rights, hence the huge sell off on the 16th of june
Lol! Recent sticky is opinion with no evidence to support it
Fwdg report out on Cohen? Lol I thought it was a Cohen report on fwdg
FWDG 0007/001 Herbal Synergy on July 21 was certified mailed a COURT ORDER FOR IMMEDIATE INJUNCTION ORDERING CEASE AND DESIST FROM TORTIOUS BUSINESS CONDUCT
Herbal Synergy USED FWDG TO MANIFEST POTENTIAL, THEN TRIED TO STEAL IT BACK AFTER FWDG FUNDED
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=16945653
look up Bill Short
The SEC suit claimed the audit client was INFRAX, TALARI.
Herbal Synergy on July 21 was certified mailed a COURT ORDER FOR IMMEDIATE INJUNCTION ORDERING CEASE AND DESIST FROM TORTIOUS BUSINESS CONDUCT
Herbal Synergy USED FWDG TO MANIFEST POTENTIAL, THEN TRIED TO STEAL IT BACK AFTER FWDG FUNDED
or you can look it up for yourself, FWDG= PLAINTIFF
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=16945653
however it might redirect to homepage, click on all case search, put SHORT in for last name search and BILL for first name, and see what pops up first on the list
FWDG making progress in lawsuit against former CEO of CBSCIENTIFIC, Bill Short and others!!!!
Bill Short tried to take proprietary information and sell it to other companies
CBScientific test kits WORK, thats why Bill Short STOLE the intellectual property and physical property, literally, he stole test kits to show Herbal Synergy in colorado so they could try their own.
https://ccmspa.pinellascounty.org/PublicAccess/CaseDetail.aspx?CaseID=16945653
WRONG…YOU SPEAK OF 2012, WE ARE IN 2015
AND WHEN COMPANIES COMMIT FRAUD, THE SEC FREEZES THEM UNTIL FURTHER INVESTIGATION
THEY DO NOT FIRE THEIR ACCOUNTANT HAHAHAHAHAHAHA
its that simple :)
Technicals are clear here and the uptrend from a chart perspective is imminent
well that figure is way off, however i don't care about hours, i care about % the PPS increases
FACT: if you buy at a certain PPS and then sell @ 100-200% the PPS, you have made PROFIT
FACT: FWDG has RAN 200% + numerous times, and 400% + as well this year.
OPIION: all current ongoing positive posts and negative posts will be irrelevant once the report hits.
FACT: EVERY MJ COMPANY COHENRESEARCH IR FIRM HAS BEEN AFFILIATED WITH RAN WAYYYYYY MORE THEN A FEW TICKS
FACT: FWDG FORMER ACCOUNTING FIRM WITHDREW FROM HANDLING PUBLICLY TRADED COMPANIES
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10786518
FACT: 8 K WAS FILED EXPLAINING THE EXTENDED DELAY
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10807504
And it further begs the question of why FWDG "happened" to have an accounting firm that had to withdraw, in the nature they did.
Bad luck????
When is the question, not if.
I say next week, then the cohenreport.
exploiting the fact their Accounting firm had to resign due to removing themselves from all sec related companies; which was verified by many people who found other companies that the accounting firm resigned from at the same time; will not help your case.
audited financials came out last year, they will again . PCAOB compliant firm handling the Audited financials.
i did, not impressed; social media , thats it. FYI: NORML has been leading the frontier for decades on pro cannabis….
a phone app that can be created for 10-30k$ will have no relevance in networking pot activists around the nation and world,
it will simply be a fun program not many use; as there are better social media networks, and better pot activist networks
their plan to overlay the 2 in to a profitable company in the name of getting people networked and making cannabis legal is a long shot.
Ill take the audited financials over your opinion. We shall see what they show.
insiders leaking positive news of water, no pun intended. BIG PROFITS INTENDED
because it ALWAYS POPS CREATING THEM BIG PROFIT$$$$
thanks for the response.
as far as Oregon recreational doors opening being inconsequential, Colorado's population is only roughly 20% larger than Oregon
when doors open , media will be there,
doors opening in oregon, recreational going on Ballot in CA will both create buzz,
legislation changes will influence real momentum in penny land
penny land = a fraction of the industry
and I agree, California is the bread and butter, with a population x10 of Oregon, and the leading provided of produce for the nation
Hemp and Cannabis will = trillion dollar industry? I agree
fact: every MJ stock cohenresearch was affiliated with had a bull run following the report,
• Revenue was $585,945 as compare to $0 a year ago.
• Net asset was $20.6 million as compared with $2,000 a year ago (FutureLand sale not included).
• Total account receivable of $10 million as compared with $0 a year ago.
"We are pleased with our strong Q4 results, demonstrating solid execution of our business model," said Sam Talari, Chairman, and Chief Executive Officer. "Our technology incubation and acceleration business model is starting to pay off. We have had revenue from all of our companies and have increased our total net asset (tangible, intangible) by 1,000,000% as compared with a year ago.
quote from CBSCIENTIFIC: The Company expects it revenue to reach $2M by the end of 2015 and expand exponentially thereafter.