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I do disagree with your "politics" on STBV, but I have gotten some cool DD from you over the long road we have all gone down, on this particular board. I also take some of your posts as pure entertainment. As far as you losing your mind or not, I get my best advice from my lady in regards to my sanity. Maybe yours could help you. LOL
STBV....
The First Pot Stock Billionaire Says His Penny Stock Could Be A Little High
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You have probably never heard of Bart Mackay, a 57-year-old Las Vegas lawyer who works on various ventures like Dot Vegas, which operates the .Vegas top-level domain. But on paper, Mackay is the first pot stock billionaire.
Mackay’s holdings in CannaVest, which bills itself as the world’s leading hemp-based investment company, are valued at $1.8 billion. That figure might seem like a drug-induced hallucination, but it’s technically true. CannaVest is the top-performing stock in America in 2014 with a market capitalization greater than $1 billion. Its thinly-traded shares, which change hands on the Over-The-Counter Bulletin Board, have soared by 680% in the last year. They are already up more than 300% in 2014. The average daily volume of about 10,900 shares has been light this year, but someone is buying the stock and the $117 it closed at on Friday makes Mackay the world’s first pot stock billionaire thanks to his 15.7 million shares in CannaVest.
Mackay, however, doesn’t think he is actually a billionaire. He says he has never sold a share of CannaVest and even if he wanted to sell some stock he couldn’t unload much before crashing the stock. “In my view, it’s a paper valuation and certainly not something I can take to the bank,” Mackay said in an interview. “I went through the dot.com period and there was a bubble that existed there, there is probably a bubble in this stock somewhere, or in this industry.”
Mackay believes that CannaVest’s stock rise is partially a result of the company being categorized by speculators as a marijuana stock, an idea he says that is not even true because CannaVest is focused only on hemp-based products. With Colorado and Washington implementing laws that allow the sale and use of marijuana for recreational purposes, some stock promoters have been pushing marijuana and hemp stocks big time in recent months. “The company doesn’t have anything to do with pot,” says Mackay. “The public views it as a pot stock, but for me it’s a completely different play.”
The Financial Industry Regulatory Authority warned investors back in August about marijuana stock scams, saying “the con artists behind marijuana stock scams may try to entice investors with optimistic and potentially false and misleading information that in turn creates unwarranted demand for shares of small, thinly traded companies that often have little or no history of financial success.” It’s not hard to figure out that some of the people behind the penny pot stock boom have questionable backgrounds.
Take Raymond Dabney. In 2005, the British Columbia Securities Commission up in Canada slapped a five-year trading ban on Dabney and barred him from being an officer or director of a publicly-traded company for five years after Dabney admitted to issuing 22 bogus news releases that contained misrepresentations about the revenue of Xraymedia, a Minnesota company in which Dabney was a controlling shareholder. The Securities & Exchange Commission also sued Dabney and in 2010 obtained a final judgment against him that included a disgorgement and penalty of about $190,000. The SEC launched the enforcement action against Dabney and three others in connection with a scheme to manipulate the price and trading volume of Alliance Transcription Services. Today, Dabney works as a management consultant for Cannabis Science, a cannabis formulation-based drug development company that trades on the OTCBB. Dabney is described in SEC filings as the trustee of the Bogat Family Trust, which owned 6.5% of Cannabis Science last year.
Bruce Perlowin, CEO of another Las Vegas-based OTCBB stock called Hemp Inc., is completely open about the nine years he spent in prison for drug smuggling, which he describes on his own web site. “This is a dot.com explosion except there is a real product behind us, not air,” Perlowin recently said in an interview he scored on Bloomberg Television. The Southern Investigative Reporting Foundation last fall exposed the background of Vincent Mehdizadeh, the founder of a marijuana stock called Medbox, which included arrests or no contest pleas for things like trespassing and credit card fraud.
A year ago, an anonymous poster on Seeking Alpha exposed that Michael Llamas, the former president of publicly-traded Medical Marijuana, had been indicted by federal prosecutors in California for his alleged involvement in a mortgage fraud that caused $10 million in losses. Llamas has pleaded not guilty to the federal charges and Medical Marijuana separately disclosed last year that it was being investigated by the SEC.
So there are some shady characters behind the penny pot stock boom. Mackay, who says he has in the past represented other companies with OTCBB stock listings, says CannaVest CEO Michael Mona, Jr., partially brought him aboard to help navigate the OTCBB underbelly. “I am familiar with a lot of the garbage that goes on with over the counter stocks, the pitfalls, and I guess that is one of the reasons why I decided to help Mike and help this process to avoid some of the pitfalls,” Mackay said.
Nevertheless, the indicted Llamas is connected to Mona, Mackay and CannaVest. Mackay’s path to obtaining most of his $1.8 billion of shares in CannaVest starts with Roen Ventures, a company that last year agreed to lend $6 million to CannaVest. Roen Ventures was formed by Mona and Llamas, according to a lawsuit filed against Mona and Mackay in Nevada state court. The lawsuit, filed in February by Far West Industries, claims that Far West obtained a $17.7 million judgment in 2012 against Mona and others relating to a fraudulent land transaction in California. According to the second amended complaint, Mona testified in the judgment debtor exam that he received $3 million that he loaned to Roen Ventures, which lent the money to CannaVest. Mona then testified that in the last year he sold his interest in Roen Ventures and its $3 million note to Mackay for $500,000—making Mackay and Llamas the owners of Roen Ventures, the second amended complaint says. Mona testified that there is another $22 million judgment pending against him connected to another real estate deal, the second amended complaint says. Far West claims in its second amended complaint that Mona’s loan to Roen Ventures was fraudulent and “intended to prejudice creditors like Far West by concealing and wasting assets.” Mackay declined to comment on the lawsuit, except to say that “from my perspective, it’s frivolous and doesn’t hold water.” Mona did not return a call seeking comment for this article.
In January of 2014, CannaVest said in an SEC filing that Roen Ventures is now wholly owned by Mackay, who acknowledged in an interview that he has bought out the stakes of Llamas and Mona in Roen Ventures. According to the January SEC filing, Mackay, through Mercia Holdings and Mai Dun Limited, now owns 100% of Roen Ventures, which has converted its loans to CannaVest to 10 million shares of CannaVest stock.
How did Mackey get the rest of his shares in CannaVest? In November of 2012, two of Mackay’s companies started acquiring shares of a publicly-traded OTCBB company called Foreclosure Solutions, mostly from H.J. Cole. The man behind the deal was Stuart Titus, who loaned the Mackay companies the money and whose General Hemp also participated, taking a 7.1% stake. Foreclosure Solutions became CannaVest and last week for some reason CannaVest moved to distance itself from Titus, saying in a press release that Titus no longer has any affiliation with CannaVest and owns less than 2% of the company.
There is another connection between CannaVest and Llamas. On the last day of 2012, CannaVest agreed to buy assets from something called PhytoSphere, including a license to use its brands, for $35 million in five payments of either cash or stock. When the deal closed last year, CannaVest issued 900,000 shares to PhytoSphere, which distributed the shares to its sole owners, Medical Marijuana and Hemp Deposit and Distribution Corporation, according to an SEC filing. Llamas used to be president of Medical Marijauna and its financial statements have previously describes Llamas as the president of Hemp Deposit and Distribution Corporation. Llamas’ LinkedIn page says he is the founder of Hemp Deposit’s CannaBank business. “To draw an inference that Mike Llamas has something to do with CannaVest is absolutely wrong,” says Mackay. “Llamas is not a member of the board and has absolutely no influence. I know Michael Llamas and am familiar with him but he has no control on any aspect of CannaVest. He may be a shareholder of CannaVest.”
CannaVest’s most up-to-date books show $10.7 million of assets. For the nine months ending September 30, 2013, the last time period for which CannaVest reported financials, revenues were $1.35 million and losses were $28.4 million. Mackay concedes these fundamentals don’t really support a sky-high stock valuation. “What you have here is in some ways, in my mind, is a perfect storm where for some reason marijuana stocks are getting some probably under normal reasonable terms outlandish valuations. I can’t control that because we don’t put out a lot of news, we are not out pumping stock,” says Mackay. “I am focusing on CannaVest and the fundamentals of this business as a member of a board of directors rather than pumping stock in a stock play.”
I like 420man bc he is a great manipulator of the mind and you guys actually look forward to what he has to say whether it's good or bad. Bottom line the ish 420 be saying actually makes pretty good financial sense....I told everyone on this board a week ago,STBV will will bite when the bait is just right, until then cast your reel into another part of the pond bc MELY is biting, PMCM is biting....I could on and on....STOP CHASING THIS ONE FISH(STOCK),STICK YOUR POLE IN THE GROUND AND WHEN IT BITES YOU'LL KNOW!!!!
This should be all about STBV, a great stock opportunity IMO, not who is a good or bad. I may not agree with everything I see on IHUB boards, but I get great DD from supporters and bashers a like. Personal attacks, which I've made them myself at idiots that really offended me at times, shouldn't be the only topic on this board. 420 is not going to make or break STBV, as posts from strong supporters, like myself, won't. So verbally do what you feel you have to and move on to talking about HOW STBV IS GOING TO PENNYLAND!
That's not fair. I have done my DD, and watched this stock for a long while. Grant it I didn't first buy till .0009 and was to quick with my first starter position. Anyway I do like STBV as a company, and feel if the plan works it's an awesome idea. This is the stock market and an informed best guess is all we got to go by. I'm not sold on the fact it is a scam, and I have a little over 23K behind my position.
But what's unanswered is that you have all the DD in the world of how this is a scam but u still press the buy button lmao.... Nah you just someone who lost money in this stock and upset....and now want to bash... Get out of here with that GO #STBV
Where u at 420???? Thayoungdon made a good point about this post.
I have done my DD and one thing I don't do is give out info, it makes investors lazy and subject to listening to agenda driven bashers... I encourage everyone to do there on DD so they know what they own and won't rely on others for info that could be misleading or totally false....
Good day 420man I have made u enough money by replying to your post today, but u know what if you wasn't here doing what u are doing I would have been sold cause a POS stock doesn't need a basher GO #STBV
No I want an updated photo from today if you can't provide it well we all know what that means
Never said you work for market makers...... You said that.... I'm saying you are a market maker..... And no matter how long and drawn out your post is you are only posting things that support your agenda no matter how u put it, leaving out info still makes all of your claims false GO #STBV
A million position with price @ .0003 drum roll please = 300 with fees..... Uh ok huge position~
Hurry up with your photoshop pic of your 1 million position.... We are all waiting
And of course you expect that response because You know it's the truth GO #STBV
It's not the truth you only give bits and pieces and twist the real truth to fit your agenda I know I'm not a noob... Post a pic of your 1 million position???
You guys make me laugh!!! WHERE are your valid facts? AND, I'n not sure how I'm twisting the facts when I clearly post the links and videos for all to see! It is futile to speak truth to fools, therefore my posts are for new peeps that are coming in.
For you to type out all this info and do all this research on a so called worthless company that you have no position in, makes me think different... I'm definitely holding all my shares now... You are nothing but a SHELL account ran by "MARKET MAKERS" GO #STBV Long&Strong
This is a reminder of what is/has gone on in STBV over the past few years. All the talk through "rose colored glasses" has some married to this DUMPATHON! We are smack dab in the middle of the Reg 1-A shares being sold into the market.....and IF Andy is able to sell all the first 30 billion, then he has the option to sell another 20 billion before he reaches the SEC max of $5mill within this 2014 fiscal year!!
DO yourself a favor and read/view the below information very slowly without emotion or bias!!
ANDY WAS NOT ABLE TO SELL ALL OF THE REG 1-A SHARES IN 2012 AND 2013, BUT HE'S CERTAINLY SELLING THE LAST REG 1-A'S AT .0001 AS SEEN IN THE STOCKS VOLUME SINCE JANUARY OF THIS YEAR! IT'S VERY SIMPLE TO SEE THAT IF HE SELLS THE FIRST 30B THEN HE HAS ANOTHER 20B TO UNLOAD...THAT'S IF HE DOESN'T COME OUT AND SAY THAT HE ISN'T PURSUING THE SECOND TRANCHE. THE VOLUME INDICATES HE HAS BASICALLY SOLD ALL 30B SHARES AND WE ARE HEADED INTO THE NEXT 20B!!! SO, ANYONE THAT THINKS THIS IS GOING TO "RUN" BETWEEN NOW AND JUNE OR JULY IS TOTALLY NOT PAYING ATTENTION!!!! I HAVE A FEELING ANDY WILL R/S AFTER ALL THE .0001'S HAVE BEEN ABSORBED INTO THE MARKET BY THE RETAIL BUYERS. WHO DO YOU THINK WILL BENEFIT FROM A R/S??? LOL
IF one looks at the SEC/EDGAR filings (https://www.sec.gov/cgi-bin/browse-edgar?company=strategic+global+investments&owner=exclude&action=getcompany), you will see that Andy has done basically nothing over the past 2 years but sell Reg A shares, and have them dumped into his STBV common stock!!
LOOK HERE--- https://www.sec.gov/Archives/edgar/vprr/13/9999999997-13-000857
Thats a total of 1.3 million in cash for 2012
LOOK HERE--- https://www.sec.gov/Archives/edgar/vprr/13/9999999997-13-012221
That's a total of 1.7 million in cash for 2013
LOOK HERE--- https://www.sec.gov/Archives/edgar/vprr/14/9999999997-14-000139
That's a total of $3 to $5 million for this year 2014...and I have my suspicions about him receiving only $3 to $5 million when the Reg A buyers have made a HUGE profit by selling the shares to "us"!
Now, EVEN IF/WHEN the dumping ends, what do you think is going to happen to the share price with 30 to 50 billion shares being in the hands of flippers!? Just look at the PR history and you can see that his PR's are timed exactly with his Reg A shares being sold that are on record!!!
And for his past "strategic" venture of Punta Perfecta--- Below are pictures and a video. If you pause the video at 2:27 you will see the PRE-EXISTING home in the back ground from the Google Earth screenshots. There are NO new developments on the site seeing that the Google Earth images are from 2013!
Punta Perfecta Pump--- http://strategicglobalinvestments.net/documents.html
Punta Perfecta video---
Simple answer, because when stuff is about to happen like a new web-site - there is a period of time before it happens where it hasn't actually happened yet. That time is now.
20-30 billion left? Realistically, there are 10-20 billion shares left to be sold. March 3rd, it was confirmed that Andy raised 1 million dollars so that means 10 billion shares have been sold. Since then I am sure billions of shares have been sold in a months time.
I don't know where you are getting 30 billion left to be sold.
Lol down below, when 200 million of all the volume was buys and maybe 32 million sells it's not a du
Here's just a few valid questions for everyone on this board...
1. Where is the website that Andy hired Deepblue to create?
2. Where is the MJ license or pictures of the facility? (and PLEASE don't tell me it's because of security reasons)!
3. Why can I not find this guy Josh Goyert from JGMJ..the top tier MJ consultant?
It's called a T trade and it's not a dump GO #STBV
What happned to 420 he said ,we going to have R/s
in April and may this stock going to stay in .0001,,
sanman another basher ,,, i think 420 , should buy some weeed from STBV and him and sanman should F each others brains of the bashers land
Normally I don't like to go after people directly, but many of your points are not valid. I'm long on this stock and I admit it's shit right now and the situation is somewhat grim. But shitting on every single positive thing (many of those legit) and posting counter arguments to every positive thing, well it makes you look a bit silly.
When you have no more points to make you just say things like his friends and family are getting rich while we are all bag holders. It's important for everyone on this board to know how comical it is that you say, and I quote:
"...and "we" are the ones having to trudge through the aftermath with our bags of paper!"
Seeing as how you have admitted you don't even own any stock in this company. I won't respond to anymore of your posts because they no longer serve a purpose here.
Two comments:
1.) They claim this is for medical marijuana only
2.) Look at the site and tell me if you really think that is legit
Ok so there are billions of shares that have been shorted Correct we all know that We have the power to create The most epic short squeeze of all time if we banded together to drive the price up. Who's with me We would have to stick together and raise our ask's at the same time but trusting people to do that is almost impossible. If we could do that it would cause MM's to have to start covering and we also know there are not enough shares to cover if we held tight it's been done before we could do it if we stuck together as a team of investors. For once I-hubbers let's be a team and kick these MM's a$$.
WHO'S IN? Oh and Go STBV!!!!!!
Find me one PR where a bank, ANY bank, has loaned money to an MJ company. The feds basically said we won't prosecute, go after, or seize assets of banks loaning to MJ companies... but we aren't changing the law so it's still illegal.
It's just like them saying they aren't going to go after companies selling recreational MJ in Colorado and Washington state... but it's still classified as a class one narcotic and has not been decriminalized in any way shape or form.
Imagine if a serious conservative took office in 2016. He could simply begin prosecuting these companies and banks at a time of his choosing. This is the reason banks and legit companies are not playing in this sector. Otherwise, you'd just see a successful and cash flush company like Phillip Morris come in and take the sector over by storm. They have the experience in growing, manufacturing, and distributing...
Not much left at .0003
You are missing the point. This sector may be a big chance for him. Big players cannot play in the MJ sandbox for reasons I have already stated. In fact, the #1 factor for these smaller companies is cash. Plain and simple. If you have cash you can play in MJ... because you can't borrow the money from banks currently. The one thing the CEO currently has is cash, and he is obviously getting more each day through his Reg A offering. Don't ever discount the power of cash in this sector.
If you notice this is also happening to MJ's darling stock Growlife (PHOT). They have no cash so they are buying up portions of companies with stock.
Really??? this is what we are stuck on... lol
I don't think it's unreasonable to think he is legitimately attempting to get into MJ, because his current company structure was obviously not working out. You have to remember that small and / or shady companies are all that can really deal in MJ right now because no banks are lending, and no major player wants to deal in MJ while its still classified as a class one narcotic.
retirement... not buyback.
Watch this...yes, it's kinda long but very plain to see.
What I THINK happened... Andy was losing the company and filed the March Reg A as a final last gasp... during this time the green rush occurred and he decided to go for broke and get the most money he can get out of dilution.... banking that the Green Rush investors will keep it off No Bid.
I think it is pretty obvious he used Matrix for advice. They totally underestimated everything... impact of PRs, impact of dilution, investor relations... it all caved on them as the amounts circulated with investors.
With all that said... somebody(s) has/have been accumulating a massive amount of shares as this continues to unfold.
I think he is standing in a boat bailing like a wild man with water pouring in (real world - releasing PRs).... We'll see if he makes it to June. If he does and they somehow stick to their plan this will move.
He could easily change sentiment with just a little buyback... even 2-3 billion, which is nothing in the large scheme, but for sentiment huge.
In the meantime, more PRs to soak up the dilution for at least the next couple months.
If he does a reverse it's sayonara...
Just my opinion... $STBV
Here is one offering that ended March 15th, 2014
This was a .01 per share sale up to 5 mill (500,000,000)
The Offering commenced on March 15 2013 and will close upon the
earlier of the sale of Shares with an aggregate sales price of
$5000000 or March 15 2014 The Offering may be terminated at
our election at any time
They filed the sale amount of $1,527,500 on this... also, this offer is no longer valid as soon as the SEC approved the 30 bill offer and it was circulated.
So yes, assuming they sell all 30Bill by June... we should see a 42 Bill O/S. No clue on float. 100 Bill A/S.
So they tried to sneak in the $5 mill but the SEC caught it and informed them that they can only sell a total of $3.4ish mill that remained for the (March 2013 to March 2014) fiscal year!!?? Can you tell me if that/this means that they could have already started selling more Reg 1-A's sometime in March of this year 2014?
quote]
It looks like they made an offer last year looking for 3 million, but only were able to sell 1,527,500 before the expiration of the offering in January 2104 (somebody has pointed this out on the board repeatedly... one of the mods).
I'll dig more and confirm this offer expired like the current offer.
They sold 10.5 billion shares prior to January last year.
This year they can sell 30 Billion between now and January. They won't be able to make another offer until next year and that will be for a max of 20 billion assuming they file this year... which they will need to get approved for next year.
It's a boat load of shares... I'm not arguing that... just trying to keep the already ridiculous number of shares reported accurately.
I'm at computer finally:
Quote:
Cover Page
1. We note that you are attempting to register a maximum offering amount of $5,000,000.
However, Rule 251 (b) under Regulation A provides for an exemption from registration of up to
a maximum aggregate offering price of $5,000,000 for all securities sold within twelve-month
period. Inasmuch as Item 5 on page 3 of your offering circular indicates that a total of $1,
527,500 has been raised pursuant to Regulation A since March 18, 2013, it appears that you are
not eligible to offer the full $5,000,000. Please revise or advise.
Response: Please be advised that we are aware of the aggregate sales price limitation and did not intent
to exceed it. In our mind, the $5,000,000 amount on the offering circular cover page was
intended to cover the total of all three offerings. However, we can see how this creates
confusion. In response to this Comment and Comment No. 3, we have revised the cover page
and the rest of the offering circular to make clear that we are selling Units consisting of 100
shares of common stock for $0.01 per Unit up to a total of $3,000,000 in proceeds. See "Cover
Page" and other parts of the offering circular which describe the offering in Amendment 1.
http://www.sec.gov/Archives/edgar/data/823187/000000000014007426/filename1.pdf
Not bashing it...yet.i own lot of shares .im just not too impresed of how it trades
That is the original offering that they worked off and amended the entire year until the final draft in feb 2014. Andy's lawyers amended and responded throughout 2013 and January 2014. If you read all the correspondence you'll see the frustration with Andy's attorneys as they kept amending and clarifying... Which you've posted tidbits of here and there.