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Incredible day!!
I never like a spike but I feel we will get one in the next 30 minutes, this would get us mid 7’s if it happens
We could easily move to 8.00/10.00 after hours
Other hedge funds are buying now!!! They smell the short blood!!’
They have not started to cover!!!!!
WE HAVE A MONSTER HERE!!!
6’s incoming
Very nice rr
Now over 10 mil above 5.25, they will prolly halt us again
We just traded over 7 mil above 5, 6’s will come fast now
5 incoming!!
Yep loving the volume
Yes they will pay, let’s get up above 10.00 before they do, break and hold above 5 tomorrow would be huge
Now I would be very happy with a 4.75/4.90 close
We might get there
Very nice, need to touch 4.10/4.15 then it looks like 5.00/5.50 is very possible
I would be very happy with a close around 3.80’s today
Thanks elks back at yah, we are trading in a perfect channel now, spike then back fill I like what I’m seeing!!
Looking to bust through the 3.68 ceiling this round
3.68 is the breaking point, they will try and keep it under 3.65
Yes so dumb, get ride of all the MM
It’s trading tighter now, we will see nickel and dime spikes soon
Green incoming
It’s a test of your patience, I’m here until I see 38.00/42.00
I have to agree with your assessment, let’s keep MNAO separate, maybe they have another venture moving in.
I live in so cal a lot of the cannabis store fronts are not doing well, gray market is very much alive here, some stores are getting eaten up by the larger ones.
Float is 5 mil, 10 mil less 5 mil insiders holding
This is too good not to share! Made my day to see how flawless this works! 3 peers, 3 countries, serverless! If this does not get you excited as a content streamer then i don’t know what will!
Ockert Loubser
https://t.me/codetechcc/624
I know of two companies that were up to date on their fillings and constant communication with OTC and the CE remanded on, both finally gave up, so much power with zero repercussions!!
It’s positive to see they have the liquidity to buy this shell, this gives me a better felling moving forward, plus it seems they want to be publicly traded, my hope is profitability will be the reason
Let’s just merge the two together which will speed things up.
Genius Group (GNS) Announces $18.13M Private Placement
August 25, 2022 7:02 AM
Genius Group Limited (NYSE American: GNS), a world-leading entrepreneur Edtech and education group, has entered into a Securities Purchase Agreement (the “Purchase Agreement”) for the sale of US$18.13 million principal amount of Senior Secured Convertible Notes (the Notes”) in a private placement with an institutional investor (the “Purchaser”) for a purchase price of US$17 million (the “Purchase Price”). The closing of the sale of the Note is subject to certain customary closing conditions and is expected to occur on or about August 26, 2022.
The Purchase Price will be placed in a deposit account subject to a control agreement. The Note will have 30-month maturity and a conversion price of US$5.17 per ordinary share for voluntary conversions of the Note, subject to adjustment. The Note will bear interest at a per annum rate of 5%.
Beginning three months following the closing the Company is required to make equal monthly installment payments of the Note through the maturity date, which payments are payable in cash or ordinary shares of the Company (or a combination of cash and shares), with such shares being valued for each payment on the terms provided for under the Note. Payment of the indebtedness evidenced by the Note will be secured by a security interest in the assets of the Company and certain of its subsidiaries. Certain of the Company’s subsidiaries have guaranteed payment of the Company’s obligations under the Note.
The Note will impose certain customary affirmative and negative covenants upon the Company. Further, if an event of default under the Note occurs, the Purchaser will be able to elect to redeem the Note for cash equal to 115% of the then-outstanding principal amount of the Note (or such lesser principal amount accelerated by the Lender) plus accrued and unpaid interest thereon. The Notes will include a limitation such that the Purchaser’s beneficial ownership will not exceed 4.99% of the Company’s shares outstanding at the time of exercise (which percentage may be decreased or increased by the Purchaser subject to the terms of the Note but may not exceed 9.99%). Until March 1, 2026, the Purchaser will, subject to certain exceptions, have the right to participate up to 30% of any debt, preferred stock, or equity-linked financing of the Company or its subsidiaries.
The securities to be issued to the Purchaser will not be registered under the Securities Act of 1933, as amended, or state securities laws and may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from such registration requirements. The Purchase Agreement requires the Company to file resale registration statements with respect to the shares to be issued as part of monthly installment payments or issuable upon conversion or redemption of the Notes as soon as practicable and in any event within 30 days after the date hereof .
The Company intends to use the net proceeds available from the issuance and sale of the Notes for general corporate purposes and for acquisitions to the extent permitted under the Purchase Agreement.
Boustead Securities, LLC, the Company’s firm commitment IPO underwriter, also acted as the exclusive placement agent for the Private Placement.
Additional information regarding this transaction will be provided in a Form 6-K to be filed by the Company with Securities and Exchange Commission on or around August 29, 2022.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
10k in the house, short is still strong
Hitting those .015’s
Yah 540k is a nice amount for a low SS clean shell. Not very pleased with a pot company rolling in here. Even in Hollywood… just saying
Not sure why they need two trading entities
Pineapple Inc. Purchases 50% Equity Stake in Palm Springs, CA Dispensary Branded Pineapple Express
August 06, 2021 16:56 ET | Source: Pineapple, Inc.
...
Company Brands the Dispensary as ‘Pineapple Express’ which will complement other Pineapple Express locations opening soon
LOS ANGELES, CA, Aug. 06, 2021 (GLOBE NEWSWIRE) -- PINEAPPLE, INC. (OTC Grey: PNPL) (the “Company” or “Pineapple”), a publicly traded company in the legal cannabis industry with a portfolio of assets spanning operational management, technology, IP licensing, cannabis property rentals, and equity ownership in cannabis retail and production facilities, announced today that it purchased a 50% equity interest in Capital Growth Investments, Inc. and branded as Pineapple Express (“CGI”), a Palm Springs licensed dispensary, delivery, and manufacturing facility spanning 6000 sq ft in downtown Palm Springs, CA. The exact address of the new dispensary is 695 S. Williams Rd. Palm Springs, CA 92264.
The deal was executed between the Company and its minority owned portfolio company, Pineapple Ventures, Inc. (“PVI”), whereas PVI sold 50% of CGI to the Company in exchange for a million dollar promissory note that the Company shall pay to PVI in installments of $100,000 within 5 days of execution, and the balance of $900,000 within 60 days of execution. The Company will acquire a 5% and a 45% stake in CGI corresponding to the timing of the respective payments. PVI retained a 30% equity stake in CGI and PVI will continue to manage CGI’s operations in perpetuity, under the Pineapple Express brand, in exchange for a management fee on all retail sales. “We’re excited to take this next step in scaling our operational footprint with Pineapple Inc.,” said Marco Rullo, CEO of PVI. “To date we have invested over $2 million developing this Dispensary asset, including over $1.4 million in construction costs paid to get it built from the ground up.”
Pineapple's CEO Shawn Credle said, “This is just the first of many big announcements and ‘Grand Openings’ that we anticipate making for PVI and Pineapple in concert with one another. We are excited for what’s to come and have been working hard at it.” Mr. Credle added, “Besides our Palm Springs Dispensary set to launch shortly, we also have our location at Pico and Robertson near Beverly Hills, CA that we will be launching to the public, which is anchored by our cannabis delivery service at www.PineappleExpress.com and will service deliveries to the surrounding areas. Most notably, we have our PVI managed and owned dispensary at the iconic/historic intersection at Hollywood and Vine expected to launch in early September 2021. We will be updating shareholders with in-depth press releases on each of these breakthrough events for the Company and wanted to highlight now what's to come for us, and what we have been working so hard on over the last 2 years at Pineapple. We believe that our future is bright.”
About Pineapple, Inc.
Pineapple, Inc. (the “Company” or “Pineapple”) is based in Los Angeles, California. Through its operating subsidiary Pineapple Express Consulting, Inc., as well as its 45.18% owned portfolio company, Pineapple Ventures, Inc. (“PVI”), the Company runs a cannabis delivery service, Pineapple Express, via www.PineappleExpress.com, as well as hemp CBD e-commerce company, Pineapple Wellness, via www.PineappleWellness.com. PVI also provides capital to its canna-business clientele, lease real properties to those canna-businesses, take equity positions and manage those operations, and provide consulting and technology to develop, enhance, or expand existing and newly formed infrastructures. Pineapple is built to become the leading portfolio management company in the U.S. cannabis sector. The Company’s executive team blends enterprise-level corporate expertise with a combined three decades of experience operating in the tightly-regulated cannabis industry. Pineapple’s strategic asset integration has provided it with the infrastructure to support its subsidiaries with cost-effective access to all segments of the vertical: from cultivation and processing, to distribution, retail and delivery. With its headquarters in Los Angeles, California Pineapple’s portfolio company, PVI, is rapidly increasing its footprint throughout the state and looking to scale into underdeveloped markets.
Open at 5 then we will see this move to 3.40/3.25 area, then a move into the 9’s today for the close
In my humble opinion
6 looks easy now
Did you pick up any GNS?
Thanks BB
Item 1.01 Entry into a Material Definitive Agreement
On December 18, 2022, Minaro Corp., a Nevada corporation (the “Company”), Yulia Lazaridou, the majority shareholder of the Company (“Lazaridou”), Pineapple Consolidated, Inc., a California corporation (“PCI”) and the shareholders of PCI (“PCI Shareholders”), entered into a Share Exchange Agreement (the “Exchange Agreement”). Pursuant to the Exchange Agreement, the PCI Shareholders exchanged (the “Exchange Transaction”) 50,000 outstanding shares of common stock of PCI, representing fifty percent (50%) of the outstanding shares of PCI common stock, for eighteen million (18,000,000) newly issued shares of Minaro common stock.
In addition, on December 18, 2022, in a transaction related to and a condition to the Exchange Transaction, Lazaridou and the Company entered into that certain Resignation, Separation and Release Agreement (the “Resignation Agreement”), pursuant to which (a) the Company redeemed 2,800,000 shares of Company common stock owned by Lazaridou (the “Lazaridou Shares’) in exchange for a payment by the Company of $540,904 and (b) Lazaridou, as of December 21, 2022, resigned as the sole director, officer and employee of the Company.
In order to fund the payment for the Lazaridou Shares, contemporaneous with the Exchange, on December 18, 2022, PCI loaned $540,904 to the Company. The loan (the “PCI Loan”) matures on June 30, 2023 and earns interest at an annual rate of 1%.
In addition, on December 18, 2022, Lazaridou, as sole director and majority shareholder, executed a written consent in lieu of a meeting providing that (i) Matthew Feinstein be elected as the sole director of the Company as well as Chief Executive Officer, President, Secretary, Chairman of the Board and Interim Chief Financial Officer, (ii) accepted the resignation of Lazaridou and (iii) approved the Exchange Agreement and Resignation Agreement. As a result of these transactions, the PCI Shareholders own a majority of the shares of Minaro common stock, and the Company owns fifty percent (50%) of the PCI common stock.
On January 5, 2023, the Company filed Restated Articles of Incorporation with the State of Nevada following approval of the sole director and majority shareholder (“Restated Articles”). The Restated Articles (i) changed the name of the Company to Pineapple Express Cannabis Company, (ii) added an additional authorized class of capital stock, namely ten million (10,000,000) shares of Preferred Stock, in addition to the previously authorized seventy-five million (75,000,000) shares of Common Stock. As a result, the name of the Company now has been changed to Pineapple Express Cannabis Company.
On December 30, 2022 the Company applied to the Financial Industry Regulatory Authority (“FINRA”) for approval with respect to the change of the Company’s name in the Restated Articles. The Company separately applied to FINRA to change the Company’s stock ticker trading symbol. When that application is granted, the Company intends to announce the symbol change.
Item 2.01 Completion of Acquisition or Disposition of Assets
On December 18, 2022, the Company, Lazaridou, PCI and the PCI Shareholders entered into the Share Exchange Agreement. Pursuant to the Exchange Agreement, the PCI Shareholders exchanged (the “Exchange Transaction”) 50,000 outstanding shares of common stock of PCI, representing fifty percent (50%) of the outstanding shares of PCI common stock, for eighteen million (18,000,000) newly issued shares of Minaro common stock.
Item 3.02 Unregistered Sales of Equity Securities
Pursuant to the Exchange Agreement, the PCI Shareholders exchanged 50,000 outstanding shares of common stock of PCI, representing fifty percent (50%) of the outstanding shares of PCI common stock, for eighteen million (18,000,000) newly issued shares of Minaro common stock.
Pursuant to the Resignation Agreement, (a) the Company redeemed the Lazaridou Shares in exchange for a payment by the Company of $540,904 and (b) Lazaridou, as of December 21, 2022, resigned as the sole director, officer and employee of the Company.
Item 5.01 Changes in Control of Registrant
As a result of the transactions contemplated by the Exchange Agreement and the Resignation Agreement, (a) Lazaridou resigned as sole officer, director and employee of the Company and the Company redeemed the Lazaridou Shares following the PCI Loan, (b) Matthew Feinstein was elected the sole director and officer of the Company and (c) Matthew Feinstein received fifteen million shares of Company common stock as part of the Exchange Transaction, as a result of which Mr. Feinstein owns approximately 81.2% of Company common stock.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
As a result of the transactions contemplated by the Exchange Agreement and the Resignation Agreement, (a) Lazaridou resigned as sole officer, director and employee of the Company and (b) Matthew Feinstein was elected the sole director and officer of the Company. Lazaridou’s resignation was not the result of any disagreement with the Company. Mr. Feinstein has not entered into any arrangements for compensation from the Company either in his capacity as a director or officer of the Company.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On January 5, 2023, the Company filed the Restated Articles. The Restated Articles (i) changed the name of the Company to Pineapple Express Cannabis Company, (ii) added an additional authorized class of capital stock, namely ten million (10,000,000) shares of Preferred Stock, in addition to the previously authorized seventy-five million (75,000,000) shares of Common Stock. As a result, the name of the Company now has been changed to Pineapple Express Cannabis Company.
On December 30, 2022, the Company applied to FINRA for approval with respect to the change of the Company’s name in the Restated Articles. The Company separately applied to FINRA to change the Company’s stock ticker trading symbol. When that application is granted, the Company intends to announce the symbol change.
Item 5.07 Submission of Matters to a Vote of Security Holders
On December 18, 2022, Lazaridou, as sole director and majority shareholder, executed a written consent in lieu of a meeting providing that (i) Matthew Feinstein be elected as the sole director of the Company as well as Chief Executive Officer, President, Secretary, Chairman of the Board and Interim Chief Financial Officer, (ii) accepted the resignation of Lazaridou and (iii) approved the Exchange Agreement and Resignation Agreement.
On January 3, 2023, Mr. Feinstein, as sole director and majority shareholder, executed a written consent in lieu of a meeting approving the filing of the Restated Articles. The Restated Articles (i) changed the name of the Company to Pineapple Express Cannabis Company, (ii) added an additional authorized class of capital stock, namely ten million (10,000,000) shares of Preferred Stock, in addition to the previously authorized seventy-five million (75,000,000) shares of Common Stock. As a result, the name of the Company now has been changed to Pineapple Express Cannabis Company.
Going to open above 5
Any one see that 278k bid pop up
Closing well, new HOD incoming