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In March 23 they put out a release of a LOI for a joint venture? between Electrum Partners and INQD. I don't know if they ever formalized the agreement with MJ Link until now
Please elaborate on where you are seeing this and what you are hearing.
The vote to get through committee appears to be tomorrow:
https://mjbizdaily.com/cannabis-banking-outlook-bright-in-senate-but-federal-shutdown-looms/
The wording in the agreement was vague (of course) as to when they had to execute and I think they have wiggle room as to a mutually agreed date. There was a deadline for backing out of the agreement that was in August and passed without a word. So, we wait for "wiggle room"? But I agree. I am very interested in hearing substantive facts from LB at this point
Understand and agree. I guess "stay tuned for further news"
Maybe a 10/1 reverse split? I think they would still need to have over a million outstanding shares to qualify for a higher stock exchange
This just came up on Twitter - Leslie talking to Scripps News including mentioning that his publicly traded business is looking to move up from its currrent exchange to a higher level national exchange and the while reclassifying cannabis will help many businesses, and can certainly add a plus to his company's uplisting, it doesn't affect his current business either way. FYI
https://t.co/2zA2pNEn4H
Why "mid-Sept"? What is the significance of mid-Sept?
Before it just didn't work. Now the site it totally gone. Maybe things are being totally re-arranged?
Agreed. The more they scream dilution, the more they want to get their hands on the shares. They sense something is coming and they want to scare people off.
No, I bought in then too. INQD has a CEO that wasn't good, company lots of debts and the stock was on its way downhill about that time.
As always, thank you for this update
I "invested" in this company starting in 2018. I am not an OTC person per se. I invested. I got my initial investment back. So now I stand by to ride this where it goes. My choice. Another would question my choice, and there are moments I have, but I see potential, possibility. So I wait.
I totally agree with this view. Hope Leslie is doing that.
No not a big surprise and probably all to the good esp if much is happening this week. But still I wish he'd just get on with it already.
I believe the 2nd qtr report is due the 15th. So tomorrow.
I knew the filing was due today or tomorrow. So good to hear “busy” and some “helpful shareholders”. Fingers crossed to light this candle already
New post from Leslie this morning:
Leslie Bocskor
@lesliebocskor
This week is going to be busy. A small number of shareholders have been really helpful. I can't thank them enough.
9:56 AM · Aug 14, 2023
·
1,352
Views
What info have you heard that lets you know this?
I have been here for years. His messages rarely change. No one does those "for the greater good."
From Leslie about an hour ago:
Leslie Bocskor
@indoorharvest
@lesliebocskor
·
1h
https://otcmarkets.com/filing/html?id=16843597&guid=v5N-kF62RyMSJth #INQD #buildingbusinesses
Leslie Bocskor
@lesliebocskor
·
1h
The INQD team is working behind the scenes to reach our goal of creating shareholder value. Stay tuned for further updates. We truly appreciate your continued support!
As always, thank you for these updates!
Has it occurred to you all that OTC share value may not be the long-term goal esp if the goal is to build a group of companies with more value that allows to maybe upgrade the stock exchange???/
The Scope of the work defined in the 8K Attachment A which is at the bottom of the agreement:
https://www.sec.gov/Archives/edgar/data/1572565/000149315223027105/ex99.htm
Again, succeed or fail, interesting approach.....and definitely an active choice. And the producer is not some "no-name"
I looked up Jonathan Sanger mentioned in the 8K:
From Wikipedia ( https://en.wikipedia.org/wiki/Jonathan_Sanger )
Other achievements
In addition to twenty Academy Award nominations and three wins, Sanger has won a Christopher Award, a BAFTA ( BAFTA Award for Best Film ), a César Award, Scholastic Magazine's Bell Ringer Award, and a Cine Golden Eagle Award CINE. Sanger was named Filmmaker-in-Residence at Chapman University's Dodge College of Film And Media Arts during the Spring semester of 2010, and was made adjunct professor in 2011, teaching a course in Creative Producing. He has been a member of the Academy of Motion Picture Arts and Sciences since 1981, and a member of the Directors Guild of America (DGA) since 1971, serving on its National Board. His other professional organizations include The Producers Guild of America (PGA), The Academy of Television Arts and Sciences, and the Screen Actors Guild (SAG-AFTRA). In 2016, McFarland & Co. Inc. published Sanger's new book, Making The Elephant Man: A Producer's Memoir.
This was the plan posted in early this year: Leslie posted an image showing "2023 - nutriceuticals, hemp cigarettes, media"
https://twitter.com/lesliebocskor/status/1625614946519097346/photo/1
Succeed or fail, he is following his plan. The rest of everyone here wailing and gnashing their teeth and screaming fraud....just background noise.
Well...I will wait to see what develops. This is not a surprise....a company geared toward publication of news in this area/media outlet....frankly, that was on his list of 5-6 things to bring under INQD earlier this year. Everyone thought it was going to be a different marijuana news outlet, but this might be what was meant all along. So, it will be interesting to see what develops.
Now given this one was submitted in July, that is past the June 30 quarter deadline. So we probably won't see much about this particular one in the report that is coming out by 8/15. That covers anything from winter to June 30.
Anyway...I will see what turns out.
I've been reading a fair bit about ways to get to market for private companies with assets an income, without the costly IPO process. Essentially reverse mergers. And I recall some talk about this on this list a year or two ago. So I re-read things again and observed that it is apparently a fairly popular route to public trading markets. Find a clean shell with everything i place and publicly traded. Consider that just a few years ago INQD was a shell, loads of debt mess, late on SEC reporting, not audited, etc. In the last two years all that debt has been restructured, there is a respected auditing firm and audits done, SEC reports and forms filed on time....essentially a shell...with everything caught up on time, cleaned up....essentially a perfect candidate for private companies with funds looking for a way to be publicly traded. I cannot say that is what is going on with INQD and I certainly am more that ready for Leslie to just finally lay down his hand and speak. I hope this is the plan. If it was only about steaks and lobster, why spend the money to clean it up and get it audited. Just eat the steaks and run. So...I am hoping if Leslie is reading this list - get on with it already. And don't lecture us or tell us about "patience." Many here have been on the battlefield and know all about sustaining under duress. And some of us have lived our own private wars and learned the same lessons. So don't lecture. Just get on with it and communicate where we are.
What is the source for "18 months"?
Depends on your perspective in life. And not everything is smoking. There are other forms. Re INQD - if they are setting up good diversification then they have to look at both health products and cannabis. And if they didn't attend the biggest cannabis trade show in the world, held right in their backyard, then that wouldn't be prudent either.
Either way. I would like to see info. Soon
Time will tell. Interested to see what we hear or don't hear in August. And
Thank you! :)
In fact, in looking at his background, perhaps the issue isn't whether Smith looked at INQD and said "this is not good" but maybe it was Smith who wasn't right for this. I don't know that his background had the kind of experience needed for multinational accounting and finance. Perhaps it was a case of enthusiasm for INQD, but just not the right skill set to be effective, and perhaps everyone realized it quickly. Hence "amicable departure"
But Trevor Smith wasn't at 369 Hemp then
Who is the person at 369 Hemp who quit? Priddy on his LInked In page is still there.
I expect we will know something one way or the other by Aug 15 when the quarterly report is due.
Agreed. No one would bother to spend money on filings if all they wanted was to rip people off. It would seem they are trying to do a real and serious effort here. Otherwise why do the filings. I do wish for communication soon though.