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So, does Angel hand over RIGH to ONRAMP for 25-50K cash and as well, retain 10% of RIGH / ONRAMP stock? Then he takes his pocket full of cash and heads up Jet Genius ? I have a feeling a few attorneys are churning the DNA pool on this little primate - hopefully in our favor.
Bud Genius / Jet Genius ? both high flying duds IMHO ..anyway, we may win yet if we come into ONRAMP stock within a few months.
Quite frankly - I do not think ONRAMP took on Angel for his "smarts" - we can all attest to that here ...so what else does he bring to the table??? Well, an existing listed shell that just needs some cleaning up is all I can think of - maybe some lab equipment, but I suspect he's unloaded that on craigslist by now though.
Yes -ONRAMP has some cross over traits ... lab / testing etc. Not sure how much paperwork involved to clean up RIGH before a conversion ?? All depends if it is cheaper to start new rather than clean up an existing defunct shell. Angel left us with a steaming pile of _____ - lets see if ONRAMP can build a solid new home out of it.
My guess (and it's a long shot) - they are cleaning up RIGH and converting to ONRAMP (to go Public) either that or Jet Genius. ONRAMP has the better shot for success - airline business is a tough sell (i.e. Baltic Air)...regulations / testing etc. I've been holding RIGH for about 3 + years - wrote if off ages ago...we shall see. Break a leg folks.
Ya ..pretty crappy move - par for the course here though - this is a mugs game and we're on the wrong end. I think it was Paul Newman who said, "if you don't know who the sucker is at a poker table then it's probably you." All aboard the sucker train ... BMIXD
Is anyone surprised ? - I mean look at the photos closely, a hillbilly style gold processing plant, a hash brown for a gold sample, and some bags of mortar - did they really contribute anything to that building we see? I threw a $100 at this thing (1 mil shares now 2K shares)- maybe not even worth selling at this point ?(I have thought further on the matter) - I'll just write it off as a lesson learned - if it jumps I'll sell. My guess is they dilute heavily for the next 1-3 years and start the process all over again. I feel bad for some of you here that sank a boatload of money into this thing - very disrespectful move by the CEO in my opinion - A REAL slap in the face dilution - DAYS AFTER AN RS.
Right you are (link) - diluted already LOL - the RS is still warm - this is no Gold Mine etc. - it's two guys running a stock game (Marc and his attorney - counsel ...Jay) - and we`re the suckers financing it. Thankfully I`m not in for much, but I`m out as of now - good luck gang.
https://www.otcmarkets.com/stock/BMIXD/filings
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11823069
Profile Data
SIC - Industry Classification 1400 - Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Incorporated In: NV, USA
Year of Inc. 2011
Employees 1 a/o Feb 04, 2013
Company Officers/Contacts
Marc Fogassa CEO, COO
Jay Weil General Counsel
100-1 split? makes sense, if not they'll just need to do it again within a year (unless we see revenue soon shares will need to be created / sold off / traded in bulk by the co. to pay bills and salaries) Every mil. gets you 10K at a 100-1. Worth sticking around ? maybe, maybe not... we go to a penny at a 100-1 (give or take)- and we all know people bail post split (in a huge way) - time to say good bye to BMIX for a while ? return post spilt and buy even cheaper ... let the guessing game begin
For whatever reason, someone (or more) keeps buying up the 1's here - it doesn't stay down long. Could just be flipping them I guess ?? Seeing some hints of changes coming - the light could be a train though ...
Deal must of just closed - good scoop, that should send the stock soaring once MH announces that (Monday ??)
Considering the volume of shares issued, it sure is amazing how little it takes to move the needle on this ticker.
Angel should sell some off to these folks..
Ottawa-based cannabis investment firm CannaRoyalty Corp. says it's acquiring a 20 per cent stake in Anandia Laboratories Inc., a company that specializes in marijuana testing, in a deal valued at $4 million.
There are currently seven licensed cannabis producers in Canada who are working with the Vancouver-based cannabis biotechnology company to test their products.
A report released last month by the federally appointed task force on marijuana highlighted the importance of testing cannabis products to ensure they're safe for consumption.
In addition to testing, Anandia Labs also develops cannabis strains for medical use.
The deal, which will be funded through a combination of cash, equipment and services and common shares, is expected to close by Jan. 31, subject to approvals
http://www.bnn.ca/ottawa-s-cannaroyalty-to-acquire-stake-in-marijuana-testing-company-1.646678
Strange thing is my brokerage site just recently updated the description and website link to BG - it was wrong forever, any changes to information on my site usually come from an outside source. Something could be up - we usually don't hold above .0001 this long. I thought nothing of it until I read your post.
With all due respect, I think you have misconstrued the latest announcement. The new approach is "a store within a store" concept, which has all the added benefits of a brick and mortar approach without the leasing obligations or the leasehold improvement costs.
Regarding their online presence, GrowlIfe has one of the most sophisticated user friendly sites I have ever seen or reviewed - nothing even comes close in this particular space.
https://www.growlifeeco.com/
I did see mention of a Growlife store, but I would think that would be under extreme favorable conditions. Growlife management probably knows that is not an affordable option right now.
On another note, and it's just a guess on my behalf - I would think the Go Green acquisition (LOI) has expired by now. It looks like PHOT has chosen a new path with ACE. Under the current financial constraints it's a far better choice. Again a guess, but further dilution may have been part of the purchase plan, something Mr. Hegyi might be trying to curtail right now.
Stay the course, this is far from over.
Ace USA = CT Canada - perfect fit for PHOT - Canada gets MJ approval countrywide (Federal) come Spring 2017. This is PHOT's perfect outlet (each one has a garden centre)
http://corp.canadiantire.ca/EN/JOINOURTEAM/EXPERIENCEDPROFESSIONALS/Pages/RetailStores.aspx
Ace is the Place - Ace Hardware Corporation is a hardware retailers' cooperative based in Oak Brook, Illinois, United States. It is the world’s largest hardware retail cooperative, and the largest non-grocery American retail cooperative.[3]
Founded in 1924 as "Ace Stores", the company changed its name to "Ace Hardware Corporation" in 1931. It grew dramatically following World War II, more than tripling its sales between the late 1940s and 1959. After the retirement of longtime president and founder Richard Hesse in 1973, Ace was sold to its retailers, becoming a retailer-owned cooperative. It first reached $1 billion in wholesale sales in 1985 and $5 billion in 2015. As of 2016, it has over 4,800 locations in 60 countries. Ace operates 17 distribution centers in the United States, and additional distribution facilities in China, Panama, and United Arab Emirates.[4][5]
Hardly - this is an Excellent move - access to brick and mortar (on a massive scale) without the cost and commitment associated with long term leases and/or leasehold improvements. Enjoy PHOT's breakout party - if you're not in you're out. Grab a ticket before it's too late.
Epic potential for PHOT - Ace Hardware Corporation is a hardware retailers' cooperative based in Oak Brook, Illinois, United States. It is the world’s largest hardware retail cooperative, and the largest non-grocery American retail cooperative.[3]
Founded in 1924 as "Ace Stores", the company changed its name to "Ace Hardware Corporation" in 1931. It grew dramatically following World War II, more than tripling its sales between the late 1940s and 1959. After the retirement of longtime president and founder Richard Hesse in 1973, Ace was sold to its retailers, becoming a retailer-owned cooperative. It first reached $1 billion in wholesale sales in 1985 and $5 billion in 2015. As of 2016, it has over 4,800 locations in 60 countries. Ace operates 17 distribution centers in the United States, and additional distribution facilities in China, Panama, and United Arab Emirates.[4][5]
Excellent move - access to brick and mortar (on a massive scale) without the cost and commitment associated with long term leases and/or leasehold improvements. Enjoy PHOT's breakout party - if you're not in you're out. Grab a ticket before it's too late.
Brazil Minerals owns approximately 60% of Jupiter Gold's common stock. Currently, Jupiter Gold has 4 million shares of common stock issued and outstanding. In connection with the IPO, Jupiter Gold may sell up to 1 million of its common shares at $1.00 per share. It is not anticipated that Jupiter Gold will borrow or issue any debt securities in the foreseeable future, except for short-term, routine payables related to operations.
http://ih.advfn.com/p.php?pid=nmona&article=73338758
PHOT has the infrastructure, inventory, product lines and know how that will appeal to many buyers similar to "Scott" for example. Now, Scott is on it's own path but their competitors are looking to capitalize within this market. This is my assumption, that PHOT is being courted by a few big names in the fertilizer industry (or similar), they want a jump start into this arena. PHOT is a prime candidate for a buyout or merger - I assume Marco will stay on for a two year transition period (as per his former announcement) - he may of been part of the deal. All speculation, but MH would not be this quiet this long unless something big was brewing. Stay tuned.
Holding my PHOT - but this may help some of you here:
The five stages of grief, denial, anger, bargaining, depression and acceptance are a part of the framework that makes up our learning to live with the one we lost. They are tools to help us frame and identify what we may be feeling. But they are not stops on some linear timeline in grief.
Thanks, at worst it's a sell, at best it's a hold. I'll continue to hold - see you next year. Betting on a Hegyi blast soon, ready for take off.
You are correct - so BG may morph into something else. I had an Asian BBQ chain sell off it's shell (OTC) and become a home security co. overnight... and climb up the charts. I made good money on that - out of the blue. There is hope for us yet - slim chance but it's possible...that is, if Angel can cut the apron strings. Some people become very attached to their co. - like letting your child move out of the basement ... Come on Angel, you can do this ...say goodbye - RIGH will call and write monthly - we promise.
Yes, sometimes it's cheaper to buy a shell co.(BG) off the OTC than to set one up from scratch - last time I checked you could buy one for 30-40K and hit the ground running - the TM's are worth something... BudGenius (TM) etc. and as well the equip. and chattels prob. worth 5-10K - & the debt?? well... now we're opening a can of worms - Angel would have to absorb that himself or go bankrupt, which is prob. why we are sitting in limbo here. He won't voluntarily go into bankruptcy - soon enough he'll be forced to, then we can stick a fork in it - voluntary BK we may have a chance, but Angel's ego is too big for that scenario.
The Chong Deal was only an LOI (Letter of Intent ... to do business)So BG was not acting fraudulently by reporting it:
http://bgmedtech.com/news/
With that being said a LOI is signed with DD to be completed by both parties - either one can cancel the deal based on almost any discrepancy one finds. Since we never knew the expiry date on the LOI (could of been 1 week or 1 year) the whole thing is just sitting in purgatory. I`m quite sure it is expired but by not reporting it Angel can keep playing it out by not saying anything at all. Fraudlent ... doubtful, poor business practice ... absolutely. Angel is probably a guy you do not want to invest any time or money with (until he cleans up his act). And I`m not so sure he is capable of that - he seems to be addicted to deception. I have a Mil. shares I bought some time ago ($500) - wrote it off - if Angel sells BG into honest hands we may have a chance, until then we're like a Cheech & Chong movie (Up In Smoke)
Just FYI * The NYSE, NYSE AMEX and NASDAQ will close trading early (at 1:00 PM ET) on Friday, November 25, 2016 (the day after Thanksgiving).
True - hang in until late 2017 - what's the rush really ?? we're on our way - new industries are not built over night. I understand some here wanted a big windfall come Nov. 8th but PHOT was never on that path - it's still recovering from having the crap beat out of it.
Agreed - I have a runner (MJ) that is fueling my continued interest here. This one and another is flat - I can go to zero on PHOT and still not get hurt in this sector. I hope most of you can stick it out - it was never a guaranteed success. PHOT was/is in my super high risk category - it fluctuated back in and out from high to super high, currently at super high again. Marco is essentially bringing back the dead - it's still on life support with some brain activity but it's fading fast. *** CLEAR *** ZAP *** CLEAR *** ZAP *** - I feel a faint pulse.
True, they could of been networking - trying to feed business into their secret "bud cave". Too little too late I would think, like I said earlier = Angel needs to grab his 30-40K (been a while - is that the standard price for a shell co. these days?) and let someone else take the reins. Maybe even cut a deal to retain some equity (5-10% of the BudGenius branding machine??) Whatever... just get Angel out of the way, time is money and were heading for a black hole.
Looks like we're dealing with a shell company at this point - which is fine. Angel just needs to sell it off (30-40K) and let someone who knows what the He!! they're doing take the wheel. Lets all agree that the lab is a fake/farce/fiction (choose one or all) But the BudGenius name is worth something towards branding (Gum/Vodka/Candy/Edibles etc. etc.)Time to cut the cord Angel - you've tried your best, now let someone else move this thing forward.
Yes - agree with your comments. As well, the photographs do need updating (especially the gold "hash brown" patty above) A professional photographer could work wonders here - must be one in all of Brazil? If VFIN is complete then I suggest an RS = 10-1 at min.
Yes, GL needs a war chest - prob. what he is working on, a co. like "Scottts" would be a nice addition to the GL family.
His latest idea: “Invest, like, half a billion in the pot business,” he yells over the roar of two engines powering his camouflaged Cessna Citation. “It is the biggest thing I’ve ever seen in lawn and garden.”
http://www.forbes.com/sites/danalexander/2016/07/06/cannabis-capitalist-scotts-miracle-gro-ceo-bets-big-on-pot-growers/#3e98c85638cf
Buy Twitter and unblock Marco ?
Looks like a slow crawl now - any MJ stocks that jumped have now retreated or leveled off - did well with one, 2 others sat flat (including this one) - the one with proper announcements and daily hands on management did well - people don't like to guess at what's next. This is the one business (investing) where the cliche "no news is good news" does not apply.
Peter Thiel has officially signed on to Trumps inner circle / transition team - get to know him
https://www.theguardian.com/business/2015/jan/08/cannabis-investor-peter-theil-paypal-founder
http://www.theverge.com/2016/11/11/13602026/peter-thiel-trump-transition-team-facebook
Peter Thiel has officially signed on to Trumps inner circle / transition team - get to know him
https://www.theguardian.com/business/2015/jan/08/cannabis-investor-peter-theil-paypal-founder
http://www.theverge.com/2016/11/11/13602026/peter-thiel-trump-transition-team-facebook
Peter Thiel has officially signed on to Trumps inner circle / transition team - get to know him
https://www.theguardian.com/business/2015/jan/08/cannabis-investor-peter-theil-paypal-founder
http://www.theverge.com/2016/11/11/13602026/peter-thiel-trump-transition-team-facebook
Yes, if he says he's working on something - he is. If he says he cannot disclose what it is we have to respect that. The last thing we need is another scandal. He has been a straight shooter from day one - we have no reason to doubt him whatsoever. A lot of folks got in here while PHOT was in the grays (I am one of them)...so anything over a penny is a good return for many - this is what I think is happening here, folks here are off loading a portion of their "gray days" and taking some profit. Not sure how long that will last. I'm holding for at least another year - way too early right now to bail. I predict we should see some fireworks soon. Do your own DD - it's a wonderful story unfolding here.
Stand firm with Mr. Hegyi - he certainly doesn't need any more *fair-weather friends right now.
* "A friend who is only a friend when circumstances are pleasant or profitable."