Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Interns don’t teach, they learn
Wow they are trying to scoop up as many shares as possible under .001. Crazy action
We will chew through all the .001’s
.001 will drop
8’s are going to drop
Got my .0007 bid in. Not missing this run.
Clay is even bullish! .002 Coming in hot...
Too much noise... what a shame. Gonna be a while before this moves again.
Thank you again
Obvious manipulation. Take her down...
Thank you
Hold through the manipulation
I’ll lay out $100k for .0005. But I doubt it happens
If any goof dumps on 7, I pick em up.
Yessir
Hey man, I want to add some more too. But I snagged 20 million more today and I’ll sit and wait this out. This is clearly different than the last recent rally. It will go, takes a iron gut to watch the swings though.
Made me a solid mid 6 figures. I am very comfortable.
They are not dumping 6 billion. Get your facts right. The AS is 6 billion, it was done to eliminate a hostile takeover from a large shareholder.
People. Go look at the old OTC SAMP/USAR chart. Exact copy of what will happen here. Doug was involved all the way. It’s volatile till .002
No. It’s going to rally fast, in a blink of an eye. You watch. It will happen
I rode 50 million shares from trips and sold between .04/.05.
Ya’ll remember SAMP, USAR, CHRO, ZNGY? Doug was part of all of it...Oh I do believe the ceiling will blow off this joint.
Wow this is really going to make a big move now
Uh oh. They are out of ammo to hold this up
Do you really think this is going any higher today with over a billion shares traded today? Please. Dumpathon coming. Re buy cheap.
Doug sold your souls to the devil to put this shabby deal together #dougthehack
CSTI IS SMART. Sitting at .0005
Watch those 9’s disappear
I speak truth. CRRRRUMBLE!
You’re in the Crumble Zone, watch out. Gonna dump to .0005
Mm’s are freaking out right now, calling all market makers to spoof the bid
Going back to .0005 DILUTION MACHINE
She about to crumble
And they flipped them at .0006
Smart traders are bidding .0002/.0003
Exactly... while the pros dump on them
.0005 will get dumped on while they dilute this pig
Look at that awesome dilution!
Isodiol International Inc. and Supporting Creditors Agree to a Plan of Arrangement for the Divestiture of Kure Corp. and Nullification of up to US$35 million of Required Isodiol Stock Issuances.
Isodiol
January 30, 2019 – Vancouver, BC – Isodiol International Inc. (CSE: ISOL) (OTCQB: ISOLF) (FSE: LB6B.F) (the “Company” or “Isodiol”) announced today that the Company has obtained conditional voting support from the holders of more than 75% of the former shareholders of Kure Corp. (“Kure”) to give effect to a plan of arrangement (the “Plan”) and divestiture of Kure by Isodiol.
Under Division 5 of the British Columbia Business Corporations Act (the “BCBCA”), the Company proposes to enter into a plan of arrangement with the former shareholders of Kure (the “Creditors”). A Creditors’ meeting will be held after at least 21 days’ notice to the Creditors and upon approval of a majority in number and ¾ in value of the Creditors present or voting by proxy at the meeting the Company. Thereafter, the Company will apply to the Supreme Court of British Columbia for approval of the Plan. Subject to any further orders from the Supreme Court of British Columbia, Isodiol will distribute all of the issued and outstanding shares of Kure (the “Kure Shares”) to the former Kure shareholders, and, in consideration for the Kure Shares, Isodiol will be absolved of its February 1, 2019 obligation to issue to the former Kure shareholders Isodiol shares having a value of US$25,000,000.
Isodiol acquired 100% of the issued and outstanding shares of Kure from the Kure shareholders pursuant to a merger agreement, dated April 30, 2018 (the “Merger Agreement”). The Merger Agreement required Isodiol to fund Kure with US$9,000,000 cash for expansions and operations, as well as to issue shares to the former Kure shareholders based on milestones having minimum payouts of up to US$35,000,000. The first of those milestones obligated Isodiol to issue stock valued at US$25,000,000 as of December 31, 2018.
Mr. Agramont, CEO of Isodiol, said, “While we believe Kure has good prospects for revenue growth, the additional short-term cash cost of over US$7,000,000, plus up to US$35,000,000 of stock dilution to our shareholders is simply too great at this time. Moreover, we believe similar capital commitments to the marketing and expansion of our in-house brands through existing retail channels would yield a greater volume of higher margin revenues in a shorter period of time than we could achieve through new retail location opportunities with Kure.”
To date, Isodiol has funded Kure with US$1,725,000, and the former Kure shareholders have received 2,380,952 shares of Isodiol stock. Kure is obligated to repay US$500,000 to Isodiol within 120 days of the effective date of the Plan. All Kure shareholders who sold Kure shares to Isodiol as of the effective date of the prior acquisition, i.e., May 1, 2018, will receive a pro rata allocation of new Kure shares following the divestiture of Kure by Isodiol.
That’s the crackhead ceo dumping shares on the heads with $hit news about a cheap MJ play.