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As stated I previous posts, i believe it's a reverse triangular merger.
Another theory I read on this forum that made sense was just a merger...
Speculation and questions, that is all we will have until the quiet period is over and nerger completed. IMHO
UNTIL MERGER IS COMPLETE AND QUIET PERIOD IS OVER, IT IS YOUR OPINION....NOT FACT.... THAT THERE WAS WRONGDOING...
LIKE I SAID, PURE SPECULATION.
PLAIN N SIMPLE...
WE DO NOT KNOW THAT HE LIED ABOUT FUTURE CBD OIL BUSINESS.
PURE SPECULATUON.
IMHO
You only lost money because you sold to soon.
Happy trails....
Obviously, they got into the merger and it forced a quiet time until merger is finalized.
I wholeheartedly believe MO did not lie and the 13m cbd deal is alive. I believe it got caught in the middle of this merger...which requires a quiet period, which, IMHO, we are in.
I'm willing to place a gentlemens bet with anyone on this forum pertaining to the 13m deal.
Open challenge has been laid down...formal apology from the loser.
Any takers?
So, you won't take that bet...here is my counter offer...
A formal apology to MO is the 13m deal is real.
If deal is not real, then I will make a formal apology.
Agreed?
IMHO, your statements are guesses and inaccurate... the cbd deal is real, the 13m deal is real, and it all will come out when the quiet period is over and merger finalized.
IMHO... the 13m deal will come to fruition...the merger...ibrands continuing in the MJ space....ALL will come out in the next few weeks.
Sit tight folks its going to be a great 2017!!!
Didnt you read the previous posts by DL? They have multiple announcements coming.
Im guessing that the 13m deal will come out once everything is finalized, as in most mergers there is a quiet time....ssshhh...
DL Team~ Appreciate the communication!!!
Looking forward to hearing about all the good stuff in the coming weeks~
That is a short sided approach.
As stated in previous posts I believe it's a reverse triangular merger because ibrc has assets
13m deal is real...
things are looking up...remember it is Hollywood thst dream life is from, so your movie reference was classic.
Should be an interesting next couple of months...
I was referring to the short interest.
Lol. I spent more $$$ on my statbucks order this morning...
This will be a REVERSE TRIANGULAR MERGER...IMHO
NO WE DON'T.
WE NEED TO WAIT AND SEE HOW THIS UNFOLDS.
IMHO
I have no best guess on SS. But a true RM makes no sense to me, as ibrc is NOT a shell company.
This is much more logical play, and big shareholders, like MO, would benefit as would us smaller bag holders.
Looks like good times ahead for ibrc and dreamlife.
REVERSE TRIANGULAR MERGER
The reverse triangular merger is by far the most common merger structure in mergers of publicly traded corporations. It has the advantage of isolating the liabilities of the acquired company in a separate subsidiary (unlike the direct merger), and has the advantage of preserving the acquired company as a corporate entity (unlike the forward triangular merger).
The reverse triangular merger has other advantages too, namely that the assets of the target do not need to be transferred to another entity because they remain with the target. This is important because contracts to which the target is a party will often have anti-assignment clauses that my prevent transfer of the rights under the contract. The issue of whether a reverse triangular law is an assignment by operation of law is uncertain in most states, but recent Delaware precedent has held it is not.
There is no difference between a reverse triangular merger and a reverse subsidiary merger. A reverse triangular merger is a completely different transaction from a reverse merger.
IMHO, this would make the most sense since ibrc IS NOT A SHELL, as they have assets, contracts, etc...
I'M SURE THERE WILL BE THOSE WHO WISH TO POKE HOLES IN MY EDUCATED HYPOTHESIS, BUT BASED ON MY DUE DILIGENCE THIS IS WHAT I THINK WILL HAPPEN.
Happy Sunday!
REVERSE TRIANGULAR MERGER
I believe they will do a reverse triangular merger.. that way the assets and contracts remain in tact with ibrc.
This preseves the acquired company, and in this case, less dilution would occur.
THIS WOULD MAKE THE MOST SENSE...IMHO
If you want to be in a CBD oil stock, you should look at AHIT as a play. You can buy at a bargain basement price, and according to my DD, should be a HUGE PLAYER in the MJ space I the coming weeks and months ahead.
AGREED.
MANY POSITIVE THINGS AHEAD.
Yes...All the negativity forwards the old CEO should be praise in the long run.
I respectfully disagree.
MO wouldn't want the shares diluted...he owns to many to have that happen.
Those of us shareholders that are patient are ALL poised for a big payday down the road.
This is looking more like a Buy and Hold stock for the near term. IMHO
GLOBAL DEFENSE TECHNOLOGY which is only a small part of dreamlife is going to make ibrc shareholders wealthy!
Dreamlife also has a HUGE presence in Hollywood...
Furthermore, they are poised to work with several FORTUNE 500 companies using their TECHNOLOGY for marketing purposes.
WHY ALL THIS NEGATIVITY WITH SUCH A BRIGHT FUTURE AHEAD FOR IBRC SHAREHOLDERS?!
I am not going to condemn a CEO for missing estimated timelines or not posting PRs in a timely manner.
It is not a big deal...i believe this whole thing has been blown way out of proportion. IMHO
My due diligence shows that ibrc is a good play and according to MY due diligence that MO should be commended NOT condemned for the work he has done at ibrc...
Check back with me in 30 days...I'm guessing that the ibrc shareholders, of which I am one, are going to be mighty pleased at the progress of the company the last 12 months!
IMHO, it is way too early, and without hard facts, to blast ibrc management.
I am saying we wait til dust clears to publicly blast the CEO.
Good luck to you, if you are an investor in ibrc.
I HAVE read your posts.
The claims you state seem to be opinion, based upon conjecture...not fact.
Until financials are posted, we will not have the TRUTH and will ALL BE SPECULATING...
So why throw the CEO, now former CEO under the bus ??
For not delivering PRs... that is the only thing I can see that he would be GUILTY of. Correct me if I'm wrong...
I am not here to prove or disprove you...I am looking for FACTS, not opinions, on the theories you have stated.
WELL SPOKEN... THE MAJORITY OF POSTERS HERE ARE GUESSING WHAT THEY THINK IS TRUE... WITH THE INFORMATION THEY PROVIDE, PURELY SPECULATION BASED UPON THEIR OPINION OF SOMEONE THEY HAVE NEVER MET. IT IS LUDACRIS... MAYBE HE IS THE RAPPER.... LOL.
Like I said, where is FRAUD?
There is NO proof that 13m deal does not exist. That will be posted when financials are filed.
The mention of rap stars I don't quite understand where fraud exists?
Are you stating that the CEO statements made is considered fraud?!
Based upon previous PR, ibrc owns 5,000,000 of CBLY stock. I would assume they still own it...correct?! Wouldn't it show up on their balance sheet? Seems we need to wait for financials to be posted to PROVE any claims of fraud made by posters on this forum...IMHO
And finally, the MERGER with dreamlife...do we know that the merger will NOT compliment ibrc?
The MERGER certainly can raise the value of ibrc. Isn't that the goal???
IMHO it appears that the major shareholders of ibrc have not dumped or sold their shares off either.
Do you have FACTS that prove any of the information stated is false?
I am trying to surf through what is REAL vs WHAT IS CONJECTURED...
PLEASE HELP ME UNDERSTAND SOMETHING:
What proof is there that MO defrauded the shareholders?
It appears to me that the only PROOF of any wrongdoing is fact that PRs were coming on certain days and they did not come on those promised days.
Does this constitute fraud?
IMHO, it seems everyone is catastrophic is their assumptions on what is going on with ibrc.
I am a shareholder and all I want is my shares to increase in value, and eventually sell for a tidy profit.
Im sitting tight as well!!!
Is it possible that order WAS delivered, aka filled and finalized, and funds are sitting in an escrow account somewhere? In California, I know MJ companies have a hard time with depositing funds for class one narcotics. If this is the case, it would make sense why they have not posted a PR....AND... in the middle of this ENORMOUS 13M DEAL closing, a MERGER came into focus with dreamlife or whomever...there may be a hush period for PRs once the merger activity began??
Finally, all this talk of ...it never happened, MO took money and run, etc...Is complete nonsense! IMHO
Those who are bag holders and have seen through the ihub nonsense, bashing, fabricated stories from posters,etc... should be rewarded for holding onto this valuable stock that one year ago was trading at .0001
To pennyland and beyond?!
Ogburn is not a scam artist. He buys, builds and sells companies for profit. IMHO
I am long and strong in ibrc and an eagerly looking forward to May!!!
Happy friday everyone!
You stop following ibrc? Haven't seen a post from you on that stock in over a week.
EXACTLY- NO PUMPING OF THIS STOCK!!!
If you read my posts for last several weeks, I have not strayed from my position... only if you listen to the bashers will you get discouraged or scared off-IMHO
This is ALL adding up...granted it has not happened in the ambitious timelines as we would like, but WILL happen none the less. IMHO
I have been accumulating this stock and an holding out for the big money!!!
Long n strong on ibrc.
My DD led me to poke around and inquire with some friends in Los Angeles and the scuttlebutt was a big deal was buzzing with global defense and All major studios involvement, and BOTH pointed to dreamlife.
I am long and strong in ibrc and am excited at thr long term opportunities here. I personally will be sending MO a thank you letter and will thank him for making it all happen!!!
This could be as big as facebook or Microsoft!!! IMHO