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1. See SEC EDGAR filings
2, Friends and family
3. Your seeing it now!
4. Ask your broker
5. Far fetched
6. Guess ya missed this one
7. Another very BIG stretch since STBV was the ticker symbol long before STBV announced any MJ PR.
Well said!!
Can't wait to see what Fellner puts in this required form by the Florida Intra-State or Merit Review Securities Registration!!!
http://www.flofr.com/PDFs/OFR-S-10-91.PDF
It's called "False & misleading" information in regards to the MJ PR.....but we will see.
FINRA is all that is needed
30000000000!!!
I agree completely. I have a feeling the REG A procedures may be tightened after this fool!
Just telling IT like it is...
WARNING!! Many have filed complaints with FINRA.....not good at all!
It appears they are now going to try and walk this up a bit....but I have a feeling it's ONLY to dump more shares by ask chasers.
Defies a logic from where I stand!
$1.6 million traded so far! Who in their right mind would buy this much!!!? Andy may be a total scam, but something just isn't adding up after todays trading!
Please stop doubting yourself as to not doing enough DD....Andy played a slick game of finally getting his Reg A "approval", and then used the MJ momo PR to suck everyone in!
There has been over 4 BILLION shares sold since Andys Reg A filing was approved on Jan 17, 2014.
Shares have been sold from .001 to .008 at an average of somewhere around .003's which equals $12 million already!!! Why would Andy proceed with anything now?? It would be WAY easier to just crush the stock into dust and walk away with the money in his pocket!
Heading toward a BILLION shares in 1 Hr.!!??? This is SICK!
If they don't get off the ask they are going to have the SEC all over them by way of numerous complaints! If this stock is halted, then EVERYONE loses as well as the "friends" Andy supposedly sold the registered Reg A securities to!
From what I've read about the Reg A, Andy could sell the shares to family or friends...that means Andy could basically give the shares to his friends, they sell them, and then give him proceeds from it!!
He is STEALING your money right in front of you! LOL
I have searched the Florida securities site and cannot find STBV registered to sell the Reg A filing anywhere!?? http://www.flofr.com/StaticPages/NotificationRegistration.htm
Summary of Regulation A, Securities Act of 1933 Overall, offerings under Regulation A are often characterized as “mini registration statements” or “mini-public offerings” in that such offerings possess the general similarities of an offering undertaken pursuant to a full registration statement such as Form S-1 (the securities are freely tradable and general solicitation is allowed, etc.).1 However, unlike a full registration statement, the use of the Regulation A exemption does not trigger filing obligations under Section 15(d) of the Securities Exchange Act of 1934 (the “1934 Act”) or any of the other “full bore” burdens of The Sarbanes-Oxley Act.
Regulation A provides an exemption to Section 5 of the Securities Act of 1933 (the “1933 Act”).
The exemption allows eligible issuers the right to claim the right to claim the exemption and raise up to $5 million in securities sales in any 12 month period. Within this $5 million limit, up to $1.5 million may be used for “secondary” or re-sales by existing stockholders.
The exemption is not available to entities that:
have one or more classes of securities registered under Section 12 of the 1934 Act or which file reports pursuant to Section 15(d) of the 1934 Act;
are not U.S. or Canadian domiciled issuers;
are investment companies;
are blind pools or shell companies or involve fractional oil/gas interests;
Any company where an officer, director, or 10% or more stockholder is a “bad boy” under Rule 262 of the 1933 Act or where any such person at a broker-dealer that sells the offering is such a person.2
An offering under Regulation A can be undertaken using any one of three alternative disclosure formats but, in each instance and at a minimum, Regulation A requires that the issuer include financial statements that are reviewed and if the issuer has audited financial statements, these must be used and the same must conform to the requirements of Article 2 of Regulation S-X of the 1934 Act.
An offering under Regulation A requires that the issuer file the Regulation A Offering Circular with the Securities and Exchange Commission (SEC) and with the state securities commission in each state wherein the offering is to take place. That is, it requires that the issuer submit the circular for review and comment by the staff at the SEC Division of Corporation Finance and similarly by persons at the state level. The SEC and state reviews are undertaken simultaneously but independently and before the Regulation A offering can commence, the issuer must clear all comments. Thus, it is common for the issuer to file the Regulation A offering circular, receive comments and then file amendment(s) in response to the comments received. Some states belong to an inter-state compact and offer “coordinated review” (termed “CR”) so as to allow issuers to receive the comments of one CR office even though the Regulation A offering is to be conducted in several states. This helps to shorten the review process and reduce legal fees as well.
The securities sold in Regulation A offerings are not “covered securities” within the meaning of Section 18(b) of the 1933 Act. As a result, any offering and sale will likely trigger “merit review” in those state jurisdictions that are “merit review” states unless waivers can be obtained. In my experience, such waivers can be obtained in many states (but not all) where a request can be supported with sufficient assurances. In that case, state review is limited and the issuer likely can gain state clearance more quickly (typically 3-4 weeks).
If a FINRA-registered broker-dealer is not used for the Regulation A offering and the issuer undertakes a “self-underwritten offering” or “direct offering” there are some states that impose further burdens on the issuer. For example, California, although a merit review state, generally allows direct offerings while Florida and certain other jurisdictions historically have been less accommodating. Thus, I recommend that state securities laws be examined before you make further plans.
The extent of legal fees that you can likely expect to incur will depend in large part on the size of the Regulation A offering, the number and type of states wherein the offering is to be conducted, and the extent of due diligence issues that need to be addressed. In my experience and depending on these issues and the resourcefulness of the client, fees have ranged from $20,000 up to $50,000 with the upper end of this range reflecting some of the more unusual circumstances. Of course, this range is likely not very helpful since it does not put into context the underlying issuers and the frequently unique matters that required attention. I am open to payment term arrangements but I would need to understand how you wish to proceed and what terms you have in mind.
In general and if the issuer has financial statements and other necessary due diligence items available, I anticipate that preparation of the Regulation A offering documents requires a 4-5 week process before a filing can be made with the SEC and each of the states.
State securities laws vary (as cited above) but you should anticipate state filing fees will also vary. Some states require fees of a few hundred dollars while others may reach $2,500. The SEC also requires a filing fee, but this is small.
The information needed covers many areas. In general, it includes corporate information (articles, by-laws, board and shareholder minutes, etc.), the business plan, stockholder list, financial statements, material contracts, prior securities issuances, resumes/background information on officers and directors, and the like. Where intellectual property is involved or where environmental issues, government licenses or permits are present, then these too need to be examined.
All of the securities sold in the Regulation A offering are freely-tradable securities and any purchaser, whether it be a friend or family member, acquires securities that are freely tradable.3
Securities generally may be sold for cash or other consideration, including, but not limited to, services. These services may include advertising and public relations services as well.
An issuer can, at any time, proceed to prepare and file a Form 10 with the SEC to register one or more classes of securities under Section 12 of the 1934 Act. This can be done at any time but clearly if it is done, the issuer loses the right to claim the Regulation A offering exemption on a going-forward basis and, at the same, the issuer becomes subject to many other obligations under the 1934 Act.4
Summary of Regulation A, Securities Act of 1933 Overall, offerings under Regulation A are often characterized as “mini registration statements” or “mini-public offerings” in that such offerings possess the general similarities of an offering undertaken pursuant to a full registration statement such as Form S-1 (the securities are freely tradable and general solicitation is allowed, etc.).1 However, unlike a full registration statement, the use of the Regulation A exemption does not trigger filing obligations under Section 15(d) of the Securities Exchange Act of 1934 (the “1934 Act”) or any of the other “full bore” burdens of The Sarbanes-Oxley Act.
Regulation A provides an exemption to Section 5 of the Securities Act of 1933 (the “1933 Act”).
The exemption allows eligible issuers the right to claim the right to claim the exemption and raise up to $5 million in securities sales in any 12 month period. Within this $5 million limit, up to $1.5 million may be used for “secondary” or re-sales by existing stockholders.
The exemption is not available to entities that:
have one or more classes of securities registered under Section 12 of the 1934 Act or which file reports pursuant to Section 15(d) of the 1934 Act;
are not U.S. or Canadian domiciled issuers;
are investment companies;
are blind pools or shell companies or involve fractional oil/gas interests;
Any company where an officer, director, or 10% or more stockholder is a “bad boy” under Rule 262 of the 1933 Act or where any such person at a broker-dealer that sells the offering is such a person.2
An offering under Regulation A can be undertaken using any one of three alternative disclosure formats but, in each instance and at a minimum, Regulation A requires that the issuer include financial statements that are reviewed and if the issuer has audited financial statements, these must be used and the same must conform to the requirements of Article 2 of Regulation S-X of the 1934 Act.
An offering under Regulation A requires that the issuer file the Regulation A Offering Circular with the Securities and Exchange Commission (SEC) and with the state securities commission in each state wherein the offering is to take place. That is, it requires that the issuer submit the circular for review and comment by the staff at the SEC Division of Corporation Finance and similarly by persons at the state level. The SEC and state reviews are undertaken simultaneously but independently and before the Regulation A offering can commence, the issuer must clear all comments. Thus, it is common for the issuer to file the Regulation A offering circular, receive comments and then file amendment(s) in response to the comments received. Some states belong to an inter-state compact and offer “coordinated review” (termed “CR”) so as to allow issuers to receive the comments of one CR office even though the Regulation A offering is to be conducted in several states. This helps to shorten the review process and reduce legal fees as well.
The securities sold in Regulation A offerings are not “covered securities” within the meaning of Section 18(b) of the 1933 Act. As a result, any offering and sale will likely trigger “merit review” in those state jurisdictions that are “merit review” states unless waivers can be obtained. In my experience, such waivers can be obtained in many states (but not all) where a request can be supported with sufficient assurances. In that case, state review is limited and the issuer likely can gain state clearance more quickly (typically 3-4 weeks).
If a FINRA-registered broker-dealer is not used for the Regulation A offering and the issuer undertakes a “self-underwritten offering” or “direct offering” there are some states that impose further burdens on the issuer. For example, California, although a merit review state, generally allows direct offerings while Florida and certain other jurisdictions historically have been less accommodating. Thus, I recommend that state securities laws be examined before you make further plans.
The extent of legal fees that you can likely expect to incur will depend in large part on the size of the Regulation A offering, the number and type of states wherein the offering is to be conducted, and the extent of due diligence issues that need to be addressed. In my experience and depending on these issues and the resourcefulness of the client, fees have ranged from $20,000 up to $50,000 with the upper end of this range reflecting some of the more unusual circumstances. Of course, this range is likely not very helpful since it does not put into context the underlying issuers and the frequently unique matters that required attention. I am open to payment term arrangements but I would need to understand how you wish to proceed and what terms you have in mind.
In general and if the issuer has financial statements and other necessary due diligence items available, I anticipate that preparation of the Regulation A offering documents requires a 4-5 week process before a filing can be made with the SEC and each of the states.
State securities laws vary (as cited above) but you should anticipate state filing fees will also vary. Some states require fees of a few hundred dollars while others may reach $2,500. The SEC also requires a filing fee, but this is small.
The information needed covers many areas. In general, it includes corporate information (articles, by-laws, board and shareholder minutes, etc.), the business plan, stockholder list, financial statements, material contracts, prior securities issuances, resumes/background information on officers and directors, and the like. Where intellectual property is involved or where environmental issues, government licenses or permits are present, then these too need to be examined.
All of the securities sold in the Regulation A offering are freely-tradable securities and any purchaser, whether it be a friend or family member, acquires securities that are freely tradable.3
Securities generally may be sold for cash or other consideration, including, but not limited to, services. These services may include advertising and public relations services as well.
An issuer can, at any time, proceed to prepare and file a Form 10 with the SEC to register one or more classes of securities under Section 12 of the 1934 Act. This can be done at any time but clearly if it is done, the issuer loses the right to claim the Regulation A offering exemption on a going-forward basis and, at the same, the issuer becomes subject to many other obligations under the 1934 Act.4
It's too bad that the truth that has been shared here is looked upon as "bashing".
This board is starting to look like Level 2 from last week.
Sure wish I had some of those .0001 shares!!
That's obvious!
I take it you've got money in this as well, right?
With all of the truth hitting the fan....I have a hunch the STBV selling tomorrow might overload the computer systems! I feel a tax write-off coming for me on this one!
LOL...whew..I laughed so hard I started to tear up! I know your pro-STBV, but that was golden right there!
You may want to read a bit more of my past posts....I unfortunately have another 3 mill @ .0015.
I put my buy order in thinking it would not go as low as my entry order, and then BAM, it was filled when I checked back several hours later! Trust me...the wife is nun to happy with me at this point, especially since we were on vaca and I was still playing in Penny Land . :(
Time will unfold the losses/gains in this drama of shady dealings! Thanks for your input.
If I'm going to lose the pocket change I put in this, then so be it....but I'd rather post the truth than try to wait till a potential PR comes out so I can get out. Thanks
Andy is going to be the poster boy for MJ stocks gone bad!! 30,000,000,000 shares at .0001? Really!?
Strategic's plan is to have the Memorandum of Understanding signed by mid-February and the final agreement signed by the beginning of March, 2014; with construction to modernize the operation beginning in February and the first new crop started in the first week of March.
The Company has fully evaluated the industry and expects to be able to yield a harvest and generate revenues from the sale of plants by the 3rd Quarter of this year. Colorado began allowing the sale of recreational marijuana on January 1; consequently the Company will be set to market quality product to an already existing client base as well as new clients. Due to recent relaxation of regulation on Cannabis, an influx of new consumers continues to grow, revealing a lucrative opportunity for the Company, whereas marijuana dispensaries cannot keep up with the continually rising demand for high quality marijuana.
Andrew Fellner, President/CEO of Strategic stated, "We are very optimistic about the lucrative potential our entrance into this industry can yield. The demand in this newly legalized industry is sure to bring in significant revenue going into the third and fourth quarter of 2014."
How can you begin construction in February when the final agreement isn't even signed until March???
LOL..Unless they are growing under artificial light, then you don't start a grow in Colorado during March when the daylight hours are well under 13hrs...this will make the plants go straight into flowering and be finished by early may. If they "finish" by early May, then they will produce "pop-corn bud" at most!
AND
If the PR is even true and comes to fruition, then one can clearly see that potential revenues will NOT be realized until the normal harvesting time of late September/early October depending on the strain they are cultivating! Hence, "Penny traders" will NOT be happy holding the bag until that time!!
WOW...infighting among the STBV bag holders... SAD
I'm sorry if people loose money here (I will as well), it sickens me for real, but the truth is far more valuable to me than money will ever be.
Andy has been pushing his REG. A filings down the SEC's throat since Jan of 2013!
READ the 2013/2014 Reg. A filings here... https://www.sec.gov/cgi-bin/browse-edgar?company=strategic+global+investments&owner=exclude&action=getcompany
So, once Andy FINALLY received approval of his 30,000,000,000 share offering on January 17th (after several larger offering attempts with the SEC)...what did he do??? He released a PR in the HOT MJ sector less than three weeks after approval! Strange how FINRA released a warning on the same day as the PR.
I have a very strong suspicion that Andy sold his .0001 offering shares to close "friends"....and basically planned to squeeze whatever remaining life was left in this stock by way of our pockets! He will get his money, and so will those that he sold those shares to! BTW...how do people know about the shares he has to sell, and does Andy have to disclose information as to who he sold those shares to, and how many they bought??? Doubtful!
In the end, Andy found a clever way to suck the money out of his companies stock without having to personally sell any shares on the open market!! Slick I say, SLICK!
If you doubt what I'm saying...then just read the filings highlighted below....
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Look at the photo at the top right of post #13189 and you will see the accurate dates!!
Are these fake too....
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https://www.sec.gov/Archives/edgar/vprr/14/9999999997-14-000139
Thank you Surfkast!!
It's plain as day for anyone to research on the SEC Edgar filings.
For those posting about bashers.....I am NOT "bashing", just posting what I learn and know....is that not what this forum is for? I have 3 million shares @ .0015 and a few 100k at .007, so I def have $ to lose here.
Anyone that's not positive is a basher, and anyone that's positive is a pumper it seems. Sad!
I have no idea at this point what's going to happen, but I do know that if I bought billions of shares at .00001 I'd be real tempted to just dump them and move on.
His email stated that the offering of 30B was approved as of Jan 17th, and so far there has been around 3.6 billion shares traded. That's only 10% of what may be out there at this time. No one really knows how many shares he has sold at that price so far, but I would buy as much as I could of those shares if I had the chance, seeing that the PPS is still WAY above .00001!! Not sure if the extra 0 was a mistake on the filing or not, but really doesn't matter now does it...LOL
Leaving Belize soon and will be back state side for this drama of an event. I'd be VERY surprised if this stock isn't halted soon. JMO