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BUY BUY BUY LOOSE LOOSE LOOSE
Totally dead and a scam.
Buying opportunity now. Load up.
This will probably get back to$5. But by 2022-23 it will be over $10.
International Cannabis Company
Kaya Holdings, Inc. Launches
$4,000,000 Rule 506(c) Offering
Use of proceeds includes launch of Kaya Farms Greece and Kaya Farms Israel Medical Cannabis Cultivation Projects, further development of Kaya Farms USA and Kaya Shack cannabis stores, and the launch of the Kaya’s cannabis extracted and infused brands.
Fort Lauderdale, FL September 16, 2020 -- Kaya Holdings, Inc. (“KAYS” or the “Company”), (OTCQB: KAYS), the first U.S. publicly traded company to vertically integrate cannabis retail, cultivation and processing operations announced today that it is seeking to raise up to $4 million through an offering to be conducted pursuant to Rule 506(c) of Regulation D promulgated under the Securities Act (the “Offering”).
Information regarding the Offering is available by accessing https://invest.kayaholdings.com ; the interactive investor portal that the Company has commissioned so that potential investors may gain access to the Private Placement Memorandum and all relevant documents, or by emailing info@kayaholdings.com
Offering Details
The Company is offering, through a Confidential Private Placement Memorandum, a maximum of one hundred and sixty (160) Units (“Units”) at an offering price of $25,000.00 per Unit. The minimum investment is $12,500.00 (one-half Unit).
Each Unit consists of:
(a) 1,000,000 shares of the Company’s common stock (“KAYS Shares”);(b) 1,000,000 one-year Class A warrants (the “Class A Warrants”), each entitling the holder to purchase one additional KAYS Share, at an exercise price of $0.075 per KAYS Share; (c) 1,000,000 two-year Class B warrants (the “Class B Warrants,” and together with the Class A Warrants, collectively, the “Warrants”), each entitling the holder to purchase one additional KAYS Share, at an exercise price of $0.125 per KAYS Share; and(d) 100,000 shares of Kaya Brands International, Inc. “KBI Shares” Kaya Brands International, Inc. is a newly-incorporated subsidiary of KAYS through which the Company intends to launch its Kaya Farms Greece and Kaya Farms Israel operations.
Each Class A Warrant entitles the holder to purchase one KAYS Share at an exercise price of $0.075 per KAYS Share for a period of one (1) year from the date the Offering is closed but are callable on thirty (30) days’ notice by the Company any time after the Offering is closed if the average closing stock price of the preceding 30 days exceeds $0.075, or the current exercise price, which may be reduced at the election of the Company.
Each Class B Warrant entitles the holder to purchase one KAYS Share at an exercise price of $0.125 per KAYS Share for a period of two (2) years from the date the final closing of the Offering is closed but are callable on thirty (30) days’ notice by the Company after nine months if the average closing stock price of the preceding 30 days exceeds $0.125 or the current exercise price, which may be reduced at the election of the Company.
“The funds from this offering will allow us to advance Kaya Farms Greece and Kaya Farms Israel,” said Craig Frank, KAYS Chairman and CEO. “These two facilities, as currently envisioned are configured to produce approximately 600,000 pounds of GMP certified, medical grade cannabis annually for potential export to the European Union and elsewhere.”
This press release is not a solicitation or offer to buy or sell securities. Under Rule 506(c), general solicitation of offerings is permitted, however, only accredited investors who meet the SEC Regulation D 501 “accredited investor” accreditation standards and who provide suitable verification of accredited status may invest into this Offering. Investments may be speculative, illiquid and carry a risk of loss. Past performance is not indicative of future results. There is no guarantee that any specific outcome will be achieved.
About Kaya Holdings, Inc.-
Kaya Holdings, Inc. ("KAYS") is a touch-the-plant vertically integrated legal cannabis company operating a number of majority owned subsidiaries that retail, cultivate, produce and distribute premium medical and recreational cannabis products, including flower, concentrates, oils and extracts, cannabis-infused foods and beverages, topicals and cannaceuticals. KAYS is a fully reporting, US-based publicly traded company, listed for trading on the OTCQB Tier of the over-the counter market under the symbol OTCQB:KAYS.
Summary of Operations
KAYS corporate structure includes the following three majority-owned subsidiaries, each responding to various demands and opportunities in the cannabis industry:
Marijuana Holdings Americas, Inc. owns the Kaya Shack™ brand of licensed medical and recreational marijuana stores and the Kaya Farms™ brand of cannabis production and processing operations that operate in the United States.
Kaya Brands USA, Inc. owns a wide range of proprietary brands of cannabis extracts, oils, pre-rolls, topicals, food and beverages, cannaceuticals and related accessories.
Kaya Brands International, Inc., was founded to serve as the vehicle for the Company’s non-U.S. operations including retail franchising in Canada and cultivation activities in Greece and Israel.
For more information on the KAYS Offering please access this link:
https://invest.kayaholdings.com ;
Forward Looking Statements
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information contact Investor Relations: 561-210-7664
SOURCE: Kaya Holdings, Inc.
KAYA SHACK (OTCQB: KAYS)
Alternative Fuels Americas, Inc.
305 S. Andrews Ave Suite 209
Fort Lauderdale, FL 33301
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Small Company Offering and Sale of Securities Without Registration (d)
Source: Edgar (US Regulatory)
o NoneEntity Type
0001530746
Alternative Fuels Americas, Inc.
Alternative Fuels America, Inc.
x Corporation
o Limited Partnership
o Limited Liability Company
o General Partnership
o Business Trust
o Other
Name of Issuer
Kaya Holdings, Inc.
Jurisdiction of Incorporation/OrganizationDELAWARE Year of Incorporation/Organization xOver Five Years Ago oWithin Last Five Years (Specify Year) oYet to Be Formed
2. Principal Place of Business and Contact InformationName of Issuer Kaya Holdings, Inc. Street Address 1Street Address 2 915 MIDDLE RIVER DRIVE, SUITE 316 CityState/Province/CountryZIP/Postal CodePhone No. of Issuer FORT LAUDERDALE FLORIDA 33304 954-534-7895
3. Related Persons
Last NameFirst NameMiddle NameFrankCraigStreet Address 1Street Address 2915 Middle River Drive, suite 316CityState/Province/CountryZIP/Postal CodeFort LauderdaleFLORIDA33304Relationship:xExecutive OfficerxDirectoroPromoterClarification of Response (if Necessary)
Last NameFirst NameMiddle NameSchwarzCarrieStreet Address 1Street Address 2915 Middle River Drive, Suite 316CityState/Province/CountryZIP/Postal CodeFort LauderdaleFLORIDA33304Relationship:oExecutive OfficerxDirectoroPromoterClarification of Response (if Necessary)
Last NameFirst NameMiddle NameArimanyJordiStreet Address 1Street Address 2915 Middle River Drive, Suite 316CityState/Province/CountryZIP/Postal CodeFort LauderdaleFLORIDA33304Relationship:oExecutive OfficerxDirectoroPromoterClarification of Response (if Necessary)
Last NameFirst NameMiddle NameBerwickBruceStreet Address 1Street Address 2915 Middle River Drive, Suite 516CityState/Province/CountryZIP/Postal CodeFort LauderdaleFLORIDA33304Relationship:oExecutive OfficerxDirectoroPromoterClarification of Response (if Necessary)
4. Industry GroupoAgriculture Health CareoRetailing Banking & Financial Services oBiotechnologyoRestaurants oCommercial Banking oHealth Insurance Technology oInsurance oHospitals & Physicians oComputers oInvesting oPharmaceuticals oTelecommunications oInvestment Banking oOther Health Care oOther Technology oPooled Investment Fund
Travel oOther Banking & Financial ServicesoManufacturing oAirlines & Airports Real Estate oLodging & Conventions oCommercial oTourism & Travel Services oConstruction oOther Travel oREITS & FinancexOther oResidential oOther Real Estate oBusiness Services Energy oCoal Mining oElectric Utilities oEnergy Conservation oEnvironmental Services oOil & Gas oOther Energy
5. Issuer SizeRevenue RangeAggregate Net Asset Value RangeoNo RevenuesoNo Aggregate Net Asset Valueo$1 - $1,000,000o$1 - $5,000,000x$1,000,001 - $5,000,000o$5,000,001 - $25,000,000o$5,000,001 - $25,000,000o$25,000,001 - $50,000,000o$25,000,001 - $100,000,000o$50,000,001 - $100,000,000oOver $100,000,000oOver $100,000,000oDecline to DiscloseoDecline to DiscloseoNot ApplicableoNot Applicable
6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)oRule 504(b)(1) (not (i), (ii) or (iii))oRule 505oRule 504 (b)(1)(i)oRule 506(b)oRule 504 (b)(1)(ii)xRule 506(c)oRule 504 (b)(1)(iii)oSecurities Act Section 4(a)(5) oInvestment Company Act Section 3(c)
7. Type of FilingxNew NoticeDate of First Sale xFirst Sale Yet to OccuroAmendment
8. Duration of OfferingDoes the Issuer intend this offering to last more than one year?oYesxNo
9. Type(s) of Securities Offered (select all that apply)oPooled Investment Fund InterestsxEquityoTenant-in-Common SecuritiesoDebtoMineral Property SecuritiesxOption, Warrant or Other Right to Acquire Another SecurityxSecurity to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire SecurityoOther (describe)
10. Business Combination TransactionIs this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?oYesxNo Clarification of Response (if Necessary)
11. Minimum InvestmentMinimum investment accepted from any outside investor$ 12500 USD
12. Sales Compensation
RecipientRecipient CRD NumberoNone (Associated) Broker or DealeroNone(Associated) Broker or Dealer CRD NumberoNone Street Address 1Street Address 2 CityState/Province/CountryZIP/Postal Code State(s) of SolicitationoAll States
13. Offering and Sales AmountsTotal Offering Amount$ 4000000 USDo IndefiniteTotal Amount Sold$ 00 USD Total Remaining to be Sold$ 4000000 USDo Indefinite Clarification of Response (if Necessary)
14. InvestorsoSelect if securities in the offering have been or may be sold to persons who do not qualify as accredited investors,
Number of such non-accredited investors who already have invested in the offering
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:0
15. Sales Commissions & Finders’ Fees ExpensesProvide separately the amounts of sales commissions and finders' fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions$ 0 USDxEstimateFinders' Fees$ 0 USDxEstimate Clarification of Response (if Necessary)
16. Use of ProceedsProvide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
$ 0 USDx
Ripple Transfers 1,000,000,000 XRP From Escrow Wallets As Bitcoin and Ethereum Whales Move $510,000,000 in Crypto
Source: The Daily Hodl
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The payments company Ripple just transferred a huge amount of XRP out of an escrow wallet to three separate wallets owned by the San Franciso startup. In sum, Ripple moved 1,000,000,000 XRP worth $292.8 million in three transactions. Each transaction settled within seconds, and the combined cost of the charges involved totaled to less than […]
The post Ripple Transfers 1,000,000,000 XRP From Escrow Wallets As Bitcoin and Ethereum Whales Move $510,000,000 in Crypto appeared first on The Daily Hodl.
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Continue reading Ripple Transfers 1,000,000,000 XRP From Escrow Wallets As Bitcoin and Ethereum Whales Move $510,000,000 in Crypto
The post Ripple Transfers 1,000,000,000 XRP From Escrow Wallets As Bitcoin and Ethereum Whales Move $510,000,000 in Crypto appeared first on The Daily Hodl.
Kaya Holdings Greek and Israeli Medical Cannabis Projects Zoom Update Today at 2:00 PM EST
September 2, 2020, 12:00 PM EDT·9 mins read
KAYS to report to shareholders on Q-2 results of operations, progress of medical cannabis cultivation projects in Greece and Israel, and other business developments
FORT LAUDERDALE, FL / ACCESSWIRE / September 2, 2020 / Kaya Holdings, Inc., ("KAYS" or the "Company") (OTCQB:KAYS), the first U.S. publicly traded company to vertically integrate cannabis retail, cultivation and processing operations confirmed that the online shareholder webinar will today Wednesday, September 2, 2020 at 2:00 PM Eastern Time.
Seating is limited so please register now using the following link to reserve your place for the program:
https://us02web.zoom.us/webinar/register/WN_fdKpjk8oTnWZeOzIwc2klw
After registering, you will receive a confirmation email containing information about joining the webinar. If you do not receive a confirmation email, please contact us via email at info@kayaholdings.com and we will assist you.
Participants will be able to view the presentation live on their computer, tablet or smartphone. The presentation is expected to last between 60-90 minutes and will feature online live discussion with Craig Frank, KAYS Chairman and CEO and W. David Jones, Senior Advisor for Business Development and Financial Operations, as well as live onsite reports from Management and Staff in Oregon, Greece and Israel.
Topics to be covered will include:
Results of Financial Operations for the three and six month periods ending June 30, 2020, as reported on KAYS recently filed Form 10-Q.
Reports on progress of our subsidiary Kaya Brands International, Inc.'s medical marijuana cultivation projects in Greece and Israel. These two facilities, as currently envisioned (and after obtaining successful financing, completing construction and obtaining final requisite licensing), are configured to produce approximately 600,000 pounds of GMP Certified, Premium Medical Grade, Cannabis annually for potential export to the European Union and elsewhere.
Other general business developments.
"We have spent the last two years planning on the expansion of our business by developing international opportunities for KAYS. Management had determined that international projects would enable KAYS to leverage its 6+ years in the U.S. cannabis industry to foster growth and build increase shareholder value," stated KAYS CEO Craig Frank. "We look forward on reporting KAYS' progress shareholders."
About Kaya Holdings, Inc. (www.kayaholdings.com)
Kaya Holdings, Inc. ("KAYS") is a touch-the-plant vertically integrated legal cannabis company operating a number of majority-owned subsidiaries that retail, cultivate, produce and distribute premium medical and recreational cannabis products, including flower, concentrates, oils and extracts, cannabis-infused foods and beverages, topicals and cannaceuticals. KAYS is a fully reporting, US-based publicly traded company, listed for trading on the OTCQB Tier of the over-the-counter market under the symbol OTCQB:KAYS.
Summary of Operations
KAYS corporate structure includes the following three majority-owned subsidiaries, each responding to various demands and opportunities in the cannabis industry:
Marijuana Holdings Americas, Inc. owns the Kaya Shack™ brand of licensed medical and recreational marijuana stores (www.kayashack.com) and the Kaya Farms™ brand of cannabis production and processing operations that operate in the United States. Kaya Brands USA, Inc. owns a wide range of proprietary brands of cannabis extracts, oils, pre-rolls, topicals, food and beverages, cannaceuticals and related accessories. Kaya Brands International, Inc., was founded to serve as the vehicle for the Company's non-U.S. operations including retail franchising in Canada and cultivation activities in Greece and Israel.
I hear that. I have a reservation for a Tesla Cybertruck. Better chances of it coming out next year.
Q3 2020 EPS Estimates for Cleveland-Cliffs Inc Increased by KeyCorp (NYSE:CLF)
Posted on Tuesday, September 1st, 2020 by MarketBeat
Cleveland-Cliffs Inc (NYSE:CLF) - KeyCorp raised their Q3 2020 EPS estimates for Cleveland-Cliffs in a report issued on Sunday, August 30th. KeyCorp analyst P. Gibbs now anticipates that the mining company will post earnings per share of ($0.21) for the quarter, up from their prior forecast of ($0.23). Cleveland-Cliffs (NYSE:CLF) last released its quarterly earnings data on Thursday, July 30th. The mining company reported ($0.31) earnings per share for the quarter, topping the consensus estimate of ($0.51) by $0.20. Cleveland-Cliffs had a positive return on equity of 6.53% and a negative net margin of 0.86%. The business had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.07 billion.
Separately, ValuEngine upgraded Cleveland-Cliffs from a "sell" rating to a "hold" rating in a report on Thursday, July 2nd. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Cleveland-Cliffs presently has an average rating of "Buy" and an average price target of $8.69.
NYSE CLF opened at $6.76 on Wednesday. Cleveland-Cliffs has a fifty-two week low of $2.63 and a fifty-two week high of $9.02. The company has a debt-to-equity ratio of 3.98, a quick ratio of 0.68 and a current ratio of 2.55. The stock has a 50 day simple moving average of $5.92 and a two-hundred day simple moving average of $5.27. The stock has a market cap of $2.63 billion, a P/E ratio of 21.23 and a beta of 2.44.
Hedge funds have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Cleveland-Cliffs by 15.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 43,421 shares of the mining company's stock valued at $240,000 after buying an additional 5,765 shares in the last quarter. Swiss National Bank increased its position in Cleveland-Cliffs by 48.8% during the 1st quarter. Swiss National Bank now owns 769,240 shares of the mining company's stock valued at $3,038,000 after buying an additional 252,340 shares in the last quarter. Principal Financial Group Inc. increased its position in Cleveland-Cliffs by 24.9% during the 1st quarter. Principal Financial Group Inc. now owns 4,429,131 shares of the mining company's stock valued at $17,495,000 after buying an additional 884,175 shares in the last quarter. Public Employees Retirement Association of Colorado increased its position in Cleveland-Cliffs by 118.0% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 82,496 shares of the mining company's stock valued at $326,000 after buying an additional 44,658 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of Cleveland-Cliffs in the 1st quarter worth $41,000. 67.48% of the stock is owned by institutional investors.
Cleveland-Cliffs Company Profile
Webinar Reminder
Kaya Holdings:
Greek and Israeli Medical Cannabis Projects Zoom Update to be Held September 2, 2020
KAYS to report to shareholders on
Q-2 results of operations, progress of medical cannabis cultivation projects in Greece and Israel, and other business developments
This is a reminder that the Kaya Holdings Webinar will be Wednesday, September 2, 2020 at 2:00 PM Eastern Time.
Seating is limited so please register now using the following link to reserve your place for the program:
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https://us02web.zoom.us/webinar/register/WN_fdKpjk8oTnWZeOzIwc2klw
After registering, you will receive a confirmation email containing information about joining the webinar. If you do not receive a confirmation email, please contact us via email at info@kayaholdings.com and we will assist you.
Participants will be able to view the presentation live on their computer, tablet or smartphone. The presentation is expected to last between 60-90 minutes and will feature online live discussion with Craig Frank, KAYS Chairman and CEO and W. David Jones, Senior Advisor for Business Development and Financial Operations, as well as live onsite reports from Management and Staff in Oregon, Greece and Israel.
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Note: Envisioned Facilities for Greek and Israel not yet constructed and for conceptual purposes only.
Please follow this link to see a video of how we are operating with our Covid-19 inspired safety enhancements to serve our medical and recreational marijuana customers via instore sales, curbside pickup and free delivery:
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About Kaya Holdings, Inc.- (www.kayaholdings.com)
Kaya Holdings, Inc. ("KAYS") is a touch-the-plant vertically integrated legal cannabis company operating a number of majority owned subsidiaries that retail, cultivate, produce and distribute premium medical and recreational cannabis products, including flower, concentrates, oils and extracts, cannabis-infused foods and beverages, topicals and cannaceuticals. KAYS is a fully reporting, US-based publicly traded company, listed for trading on the OTCQB Tier of the over-the counter market under the symbol OTCQB:KAYS.
Summary of Operations
KAYS corporate structure includes the following three majority-owned subsidiaries, each responding to various demands and opportunities in the cannabis industry:
Marijuana Holdings Americas, Inc. owns the Kaya Shack™ brand of licensed medical and recreational marijuana stores (www.kayashack.com) and the Kaya Farms™ brand of cannabis production and processing operations that operate in the United States. Kaya Brands USA, Inc. owns a wide range of proprietary brands of cannabis extracts, oils, pre-rolls, topicals, food and beverages, cannaceuticals and related accessories. Kaya Brands International, Inc., was founded to serve as the vehicle for the Company's non-U.S. operations including retail franchising in Canada and cultivation activities in Greece and Israel.
Marijuana Holdings Americas, Inc.- U.S. Cannabis Operations
Kaya Shack™ Retail Cannabis Stores
In 2014, KAYS became the first United States publicly-traded company to own and operate a Medical Marijuana Dispensary. KAYS presently operates two Kaya Shack™ OLCC licensed marijuana retail stores to service the legal medical and recreational marijuana market in Oregon, and is in the process of relocating a third retail cannabis license to serve as a delivery hub for the Eugene and Southern Oregon Cannabis Market.
Kaya Farms™
Eugene, Oregon Indoor Grow, Processing & Cannaceutical Facility: The Company owns a 12,000 square foot Kaya Farms™ indoor grow and manufacturing facility in Eugene, Oregon, which serves as the Company’s center for cultivation trials, method experiments, genetic research and cannabis infused product development. The Company is presently conducting limited operations at this location under a Management Agreement with Sunstone Farms, the current licensee. Pending the successful acquisition and transfer of other existing OLCC Marijuana Production and Processing licenses, KAYS intends to build out the facility and ramp up to full production.
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Lebanon, Oregon Farm & Greenhouse Facility: KAYS owns a 26-acre parcel in Lebanon, Linn County, Oregon which it intends to construct an 85,000-square-foot Kaya Farms™ greenhouse cultivation and production facility. To date KAYS has received Linn County Zoning approvals and upon issuance of OLCC Licensing it will begin construction. The farm is intended for immediate development and provides the Company with a potential additional capacity of more than 100,000 pounds annually, to be expanded once export from Oregon to other U.S. States and foreign countries where cannabis use is legal is permitted. Kaya Farms™ operates in accordance with a Grow Operations manual, as well as manuals for compliance, employment matters and safety.
Kaya Brands USA, Inc.- Brand and Product Development
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The Company maintains a genetics library of over 30 strains of cannabis and owns a number of proprietary brands in traditional and innovative cannabis categories.
Increasingly, brands are an important component of a vertically integrated company’s assets. The Company endeavors to create brands that are meaningful, appealing and effective communicators of the Kaya principles of quality and value. KAYS plans to have all or most brands active in 2021.
Kaya Brands International, Inc.- Foreign Cannabis Operations
After over six years of conducting "touch the plant" U.S. cannabis operations inside the strict regulatory confines of a public company, KAYS has formed a subsidiary, Kaya Brands International, Inc. ("KBI") to leverage its experience and expand into worldwide cannabis markets. KBI's current operations and initiatives include:
Kaya Kannabis- Kaya Farms™ Greece S.A. (“Kaya Farms Greece”, a Greek Corporation) is a majority owned subsidiary of KBI. The Company is in the final stages of completing their due diligence and expects to exercise their option (pursuant to terms of a previously disclosed 8-K filing) for Kaya Farms Greece to acquire a 50% interest in Greekkannabis, PC, an Athens, Greece based cannabis company which has received its license for the construction of a facility encompassing approximately 500,000 square feet of buildings on 15 acres of land outside of Athens, Greece to grow, process and export medical grade cannabis from Greece to the European Union and elsewhere.
Kaya Farms™ Israel- Kaya Shalvah LTD (“Kaya Farms Israel”, an Israeli Corporation) is a majority owned subsidiary of KBI. Kaya Farms Israel is in the process of applying to various Israeli Government Agencies for a license to grow, process and export medical grade cannabis from Israel. Upon submission of the initial application to the Israeli Cannabis Authority, Kaya Shalvah intends to submit a bid to acquire 100 Dunams (approximately 25 acres) of land in Israel that is part of Greenegev, an Israeli Government backed Cannabinoid Ecosystem in Yerucham, Israel that is envisioned to become the Silicon Valley of Medical Cannabis Production and Research.
These two facilities, as currently envisioned (and after obtaining successful financing, completing construction and obtaining final requisite licensing), are configured to produce approximately 600,000 pounds of GMP Certified, Premium Medical Grade, Cannabis annually for potential export to the European Union and elsewhere.
Canadian Franchising: KAYS has targeted Canada (the only G7 country that has legalized both medical and recreational cannabis production, sale and use on a national level) for its first international sale and operation of Kaya Shack™ cannabis store franchises, with a goal of 75-100 Kaya Shack™ Cannabis Retail locations throughout Canada through a multi-year structured rollout, subject to licensing and market conditions. KAYS has retained Toronto, Canada based law firm of Garfinkle Biderman, LLP to prepare the Franchise Disclosure Documents and related items for the sale of Kaya Shack™ cannabis store franchises in Canada. KAYS plans to ultimately expand its franchise operations to the U.S., as regulations and laws permit.
Important Disclosure
KAYS is planning execution of its stated business objectives in accordance with current understanding of state and local laws and federal enforcement policies and priorities as it relates to marijuana. Potential investors and shareholders are cautioned that KAYS and MJAI will obtain advice of counsel prior to actualizing any portion of their business plan (including but not limited to license applications for the cultivation, distribution or sale of marijuana products, engaging in said activities or acquiring existing cannabis production/sales operations). Advice of counsel with regard to specific activities of KAYS, federal, state or local legal action or changes in federal government policy and/or state and local laws may adversely affect business operations and shareholder value.
Forward Looking Statements
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information contact Investor Relations: 561-210-7664
SOURCE: Kaya Holdings, Inc.
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Online Shareholder Business Update, which is to be held on Wednesday, September 2, 2020 at 2:00 PM Eastern Time.
Seating is limited so please register now using the following link to reserve your place for the program:
https://us02web.zoom.us/webinar/register/WN_fdKpjk8oTnWZeOzIwc2klw
After registering, you will receive a confirmation email containing information about joining the webinar. If you do not receive a confirmation email, please contact us via email at info@kayaholdings.com and we will assist you.
A copy of the Company’s latest filings complete with pictures, store information and other data as filed with the SEC is available online at www.sec.gov
Investor Update:
To access KAYS News & SEC Filings, Level II Quotes, News sign up for notifications of
please go to www.kayaholdings.com
and add your email to our list
Unsubscribe
This message was sent to abracky@yahoo.com from info@kayaholdings.com
KAYA SHACK (OTCQB: KAYS)
Alternative Fuels Americas, Inc.
305 S. Andrews Ave Suite 209
Fort Lauderdale, FL 33301
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Cleveland-Cliffs Inc (NYSE:CLF) Expected to Post Quarterly Sales of $1.60 Billion
https://www.marketbeat.com/instant-alerts/nyse-clf-consensus-analyst-rating-2020-09/
XRP On Verge Of Breakdown As Traders Take Solace In Top Coins’ Performances
By
John Kiguru
-
August 28, 2020
Ripple’s XRP is in a tight spot. The third-largest altcoin by market cap is fast-approaching crucial support. This will trigger a mid-term price trend, staging a rebound or breaking down in the coming week.
Since topping at around $0.32, XRP has been retracting, leading to $0.26 at press time, and possibly a drop below the $0.25 support this weekend.
At this shore, we will get a sense of who is in charge. If the bulls still have a say, there will be a strong rebound to around $0.28, which is the more eminent support level. But if the bears are in, there will be a breakdown below $0.25, which if unchecked could bottom at $0.20.
Prior to the retraction, investors were convinced that the asset had broken out of its bear phase, which has lasted for more than 2 years. And would further see it finally catch up to its peers like Ethereum and Cardano which have had an impressive year. But unless the current support test holds and leads to a rebound, the recent breakout will have been confirmed as a dead cat bounce.
However, some investors might take solace in that the upcoming test has been faced by Bitcoin and Ethereum, both passing in bullish colors. Bitcoin in the last few days bottomed at $11,300 while Ethereum reached $385. Both confirmed strong bullish sentiments with a rebound that has since set them back on a bullish path. Will the same be for XRP?
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Most investors hope so, with recent bear phases proving resilient and breakout belated compared to its market cap rival Ethereum.
XRP Long-term Outlook
A forthcoming breakout beyond the current top looks unlikely with Ripple, the company behind XRP, going quiet in recent weeks. With the exception of minor developments such as Ripple CEO Brad Garlinhouse appearing on CNN to discuss the future of payments, there has been a lack of major executions such as partnerships.
But on the other hand, notorious dumps seem to have seized. Whether by the company to fund developments or in the form of payments made to Jed McCaleb, there have not been any huge amounts of XRPs flooding the market and saturating prices. And with data showing that investors, especially whales are still accumulating, the future of the digital asset still looks solid.
Kaya Holdings Inc. (OTCMKTS:KAYS) Announces the Appointment of a Veteran Pet Industry Executive to Lead Its Cannamo™ Brand of CBD Pet Products
Evan Dion | August 28, 2020
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Through a fully integrated group of companies, Kaya Holdings Inc. (OTCMKTS:KAYS) supports the production, distribution, and selling of highly distinctive brands of cannabis products. Some of its products include vape cartridges, oils, flowers, baked goods and beverages, and cannabis-infused confections. The company also operates a seed-to-sale legal marijuana enterprise in the United States. Its success has come through the application of both sophisticated and straightforward philosophies.
The simple philosophy outlines the consistent provision of high-quality products and fair prices to reach a broad base of customers. Its vertical business fundamentals define the company’s sophisticated philosophy controls, such as brand strength, compliance, vision, and the ability to navigate the growing and complex industry successfully.
Kaya Holdings Partnership with Kaya Kannabis and the Hiring of a new CEO
The first U.S. publicly traded company has taken yet another bold move of partnering with Kaya Kannabis. Through a Memorandum of Understanding (“MOU”), KBI will acquire a 50% ownership interest in Greekkannabis. The MOU also sets a pace for KBI to offer its expertise in the cultivation, processing, and brand development of cannabis. However, KBI will have to reimburse GKC for 50% of its license application costs.
It is worth noting that KAYS Cannabis has been very successful in its operations, which run through three main majority-owned subsidiaries. They include Marijuana Holdings Americas, Inc, Kaya Brands USA, Inc, and Kaya Brands International, Inc.
In other news, Kaya Kannabis has brought on board a veteran pet industry executive to take up the roles of a CEO. Calliope Zogopoulou will be in charge of the company’s recently announced Cannamo™ brand of CBD pet products.
According to one of the Kaya Kannabis executives, Panagiotis Kinnis, Zogopoulou can establish strong business relationships. Besides, she has been doing for so many years as an operational administrator and executive of “Ambrosia Pet Food.”
“We believe she has the experience, relationships, and leadership to bring our very first product line to market in Greece and the EU,” Kinnis stressed.
The validation of the partnership and the appointment of Zogopoulou is a clear indicator of the company’s plan to incorporate the talent and opportunities necessary for tapping into the international markets.
Interesting CLF Put And Call Options For October 9th
AUG 27, 2020 10:49AM EDT
Interesting CLF Put And Call Options For October 9th | NASDAQ
Investors in Cleveland-Cliffs Inc (Symbol: CLF saw new options begin trading today, for the October 9th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CLF options chain for the new October 9th contracts and identified one put and one call contract of particular interest.
The put contract at the $6.00 strike price has a current bid of 34 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $6.00, but will also collect the premium, putting the cost basis of the shares at $5.66 (before broker commissions). To an investor already interested in purchasing shares of CLF, that could represent an attractive alternative to paying $6.33/share today.
Because the $6.00 strike represents an approximate 5% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage, there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks suggest the current odds of that happening are 100%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 5.67% return on the cash commitment, or 48.10% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Cleveland-Cliffs Inc , and highlighting in green where the $6.00 strike is located relative to that history:
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Turning to the calls side of the option chain, the call contract at the $6.50 strike price has a current bid of 41 cents. If an investor was to purchase shares of CLF stock at the current price level of $6.33/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $6.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 9.16% if the stock gets called away at the October 9th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CLF shares really soar, which is why looking at the trailing twelve month trading history for Cleveland-Cliffs Inc , as well as studying the business fundamentals becomes important. Below is a chart showing CLF's trailing twelve month trading history, with the $6.50 strike highlighted in red:
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Considering the fact that the $6.50 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage, there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted. Should the covered call contract expire worthless, the premium would represent a 6.48% boost of extra return to the investor, or 54.98% annualized, which we refer to as the YieldBoost.
https://www.nasdaq.com/articles/interesting-clf-put-and-call-options-for-october-9th-2020-08-27
.19 reset coming. .27 bottom????
XRP reset to .19
Australian Payments Firm Sues Ripple for Use of PayID Trademark
Source: CoinDesk
NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of copyright infringement. ...
Continue reading Australian Payments Firm Sues Ripple for Use of PayID Trademark
The post Australian Payments Firm Sues Ripple for Use of PayID Trademark appeared first on Coin Desk.
RumbleOn Launches 3.0 With Over 18,000 Powersport Vehicles Available
Source: Business Wire
Increases Listings on RumbleOn.com by More Than 25x
Over 130 Powersports Locations Across 33 States Participating in the launch
RumbleOn, Inc (NASDAQ: RMBL), an e-commerce company using innovative technology to aggregate and distribute pre-owned vehicles to and from both consumers and dealers, announced that it launched the newest generation of RumbleOn, RumbleOn.com 3.0, bringing over 18,000 powersport vehicles to consumers nationwide.
Across the country franchise and independent dealerships are looking to RumbleOn.com 3.0 to significantly improve and accelerate their online presence. At the time of the launch there are over 130 powersports locations across 33 states participating.
“The newest generation of RumbleOn is well on its way to being a great success and we are truly excited by the prospects for the future. We are driving quality leads to participating dealers and enhancing the online experience for consumers and dealers alike,” said Marshall Chesrown, Chief Executive Officer. “We have already seen tremendous adoption of this new way for powersports dealers to transact online. The launch of RumbleOn 3.0 has increased overall listings on RumbleOn.com by more than 2,500% and we continue to add listings as we register new dealers who are looking to RumbleOn to drive sales volume. We view this launch as a catalyst for engagement on RumbleOn, enabling us to participate in more transactions across the powersport industry,” concluded Chesrown
“All retailers are looking for new ways to reach customers, and dealers need access to tools and technology to stay competitive in the ‘new normal’ of online transactions. RumbleOn uses its vast Powersports e-commerce experience and data intelligence to optimize the buyer's journey with hyper-personalization driven by data and machine learning. Dealers around the country are choosing RumbleOn’s technology solutions to lead their transformation to transact digitally. Further, we are excited to have the RideNow Powersports group join the launch. A highly successful and innovative organization representing 46 dealerships across the nation is certainly validation of the platform that RumbleOn has built. We are clearly an incremental sales volume opportunity for every dealer large or small, regardless of their geographic location,” said RumbleOn’s Chief Operating Officer Peter Levy.
“We are excited to be part of this game changing launch and look forward to working with the entire RumbleOn team to expand our online capabilities and visibility worldwide. We look forward to listing our entire catalogue of new and used inventory with RumbleOn.com and the incremental leads, potential sales volume and advanced capabilities their site will bring,” said Mark Tkach, CEO of RideNow Powersports.
About RumbleOn
Founded in 2017, RumbleOn (NASDAQ: RMBL) is an e-commerce company using innovative technology to aggregate and distribute pre-owned automotive and powersport vehicles to and from both consumers and dealers, 100% online. RumbleOn is disrupting the pre-owned vehicle supply chain by providing dealers with technology solutions such as virtual inventory, and a 24/7 distribution platform, and consumers with an efficient, timely and transparent transaction experience, without leaving home. Whether buying, selling, trading or financing a vehicle, RumbleOn enables dealers and consumers to transact without geographic boundaries in a transparent, fast and friction free experience. For more information, please visit http://www.rumbleon.com.
Cautionary Note Regarding Forward Looking Statements
This press release may contain “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on RumbleOn’s expectations as of the date of this report and speak only as of the date of this report and are advised to consider the factors listed under the heading “Forward-Looking Statements” and “Risk Factors” in RumbleOn’s SEC filings, as may be updated and amended from time to time. RumbleOn undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200824005166/en/
Investor Relations:
The Blueshirt Group
Dylan Solomon
investors@rumbleon.com
NEWS ALERT
Kaya Holdings:
Greek and Israeli Medical Cannabis Projects Zoom Update to be Held September 2, 2020
KAYS to report to shareholders on
Q-2 results of operations, progress of medical cannabis cultivation projects in Greece and Israel, and other business developments
Fort Lauderdale, Florida -- August 25, 2020 --Kaya Holdings, Inc., (“KAYS” or the “Company”) (OTCQB:KAYS), the first U.S. publicly traded company to vertically integrate cannabis retail, cultivation and processing operations announced today that it has scheduled and commenced issuing reservation codes for an Online Shareholder Business Update, which is to be held on Wednesday, September 2, 2020 at 2:00 PM Eastern Time.
Seating is limited so please register now using the following link to reserve your place for the program:
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https://us02web.zoom.us/webinar/register/WN_fdKpjk8oTnWZeOzIwc2klw
After registering, you will receive a confirmation email containing information about joining the webinar. If you do not receive a confirmation email, please contact us via email at info@kayaholdings.com and we will assist you.
Participants will be able to view the presentation live on their computer, tablet or smartphone. The presentation is expected to last between 60-90 minutes and will feature online live discussion with Craig Frank, KAYS Chairman and CEO and W. David Jones, Senior Advisor for Business Development and Financial Operations, as well as live onsite reports from Management and Staff in Oregon, Greece and Israel.
Topics to be covered will include:
1. Results of Financial Operations for the three and six month periods ending June 30, 2020, as reported on KAYS recently filed Form 10-Q.
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Note: Envisioned Facilities for Greek and Israel not yet constructed and for conceptual purposes only.
2. Reports on progress of our subsidiary Kaya Brands International, Inc.’s medical marijuana cultivation projects in Greece and Israel. These two facilities, as currently envisioned (and after obtaining successful financing, completing construction and obtaining final requisite licensing), are configured to produce approximately 600,000 pounds of GMP Certified, Premium Medical Grade, Cannabis annually for potential export to the European Union and elsewhere.
3. Other general business developments.
“We have spent the last two years planning on the expansion of our business by developing international opportunities for KAYS. Management had determined that international projects would enable KAYS to leverage its 6+ years in the U.S. cannabis industry to foster growth and build increase shareholder value,” stated KAYS CEO Craig Frank. “We look forward on reporting KAYS’ progress shareholders.”
Please follow this link to see a video of how we are operating with our Covid-19 inspired safety enhancements to serve our medical and recreational marijuana customers via instore sales, curbside pickup and free delivery:
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About Kaya Holdings, Inc.- (www.kayaholdings.com)
Kaya Holdings, Inc. ("KAYS") is a touch-the-plant vertically integrated legal cannabis company operating a number of majority owned subsidiaries that retail, cultivate, produce and distribute premium medical and recreational cannabis products, including flower, concentrates, oils and extracts, cannabis-infused foods and beverages, topicals and cannaceuticals. KAYS is a fully reporting, US-based publicly traded company, listed for trading on the OTCQB Tier of the over-the counter market under the symbol OTCQB:KAYS.
Summary of Operations
KAYS corporate structure includes the following three majority-owned subsidiaries, each responding to various demands and opportunities in the cannabis industry:
Marijuana Holdings Americas, Inc. owns the Kaya Shack™ brand of licensed medical and recreational marijuana stores (www.kayashack.com) and the Kaya Farms™ brand of cannabis production and processing operations that operate in the United States. Kaya Brands USA, Inc. owns a wide range of proprietary brands of cannabis extracts, oils, pre-rolls, topicals, food and beverages, cannaceuticals and related accessories. Kaya Brands International, Inc., was founded to serve as the vehicle for the Company's non-U.S. operations including retail franchising in Canada and cultivation activities in Greece and Israel.
Marijuana Holdings Americas, Inc.- U.S. Cannabis Operations
Kaya Shack™ Retail Cannabis Stores
In 2014, KAYS became the first United States publicly-traded company to own and operate a Medical Marijuana Dispensary. KAYS presently operates two Kaya Shack™ OLCC licensed marijuana retail stores to service the legal medical and recreational marijuana market in Oregon, and is in the process of relocating a third retail cannabis license to serve as a delivery hub for the Eugene and Southern Oregon Cannabis Market.
Kaya Farms™
Eugene, Oregon Indoor Grow, Processing & Cannaceutical Facility: The Company owns a 12,000 square foot Kaya Farms™ indoor grow and manufacturing facility in Eugene, Oregon, which serves as the Company’s center for cultivation trials, method experiments, genetic research and cannabis infused product development. The Company is presently conducting limited operations at this location under a Management Agreement with Sunstone Farms, the current licensee. Pending the successful acquisition and transfer of other existing OLCC Marijuana Production and Processing licenses, KAYS intends to build out the facility and ramp up to full production.
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Lebanon, Oregon Farm & Greenhouse Facility: KAYS owns a 26-acre parcel in Lebanon, Linn County, Oregon which it intends to construct an 85,000-square-foot Kaya Farms™ greenhouse cultivation and production facility. To date KAYS has received Linn County Zoning approvals and upon issuance of OLCC Licensing it will begin construction. The farm is intended for immediate development and provides the Company with a potential additional capacity of more than 100,000 pounds annually, to be expanded once export from Oregon to other U.S. States and foreign countries where cannabis use is legal is permitted. Kaya Farms™ operates in accordance with a Grow Operations manual, as well as manuals for compliance, employment matters and safety.
Kaya Brands USA, Inc.- Brand and Product Development
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The Company maintains a genetics library of over 30 strains of cannabis and owns a number of proprietary brands in traditional and innovative cannabis categories.
Increasingly, brands are an important component of a vertically integrated company’s assets. The Company endeavors to create brands that are meaningful, appealing and effective communicators of the Kaya principles of quality and value. KAYS plans to have all or most brands active in 2021.
Kaya Brands International, Inc.- Foreign Cannabis Operations
After over six years of conducting "touch the plant" U.S. cannabis operations inside the strict regulatory confines of a public company, KAYS has formed a subsidiary, Kaya Brands International, Inc. ("KBI") to leverage its experience and expand into worldwide cannabis markets. KBI's current operations and initiatives include:
Kaya Kannabis- Kaya Farms™ Greece S.A. (“Kaya Farms Greece”, a Greek Corporation) is a majority owned subsidiary of KBI. The Company is in the final stages of completing their due diligence and expects to exercise their option (pursuant to terms of a previously disclosed 8-K filing) for Kaya Farms Greece to acquire a 50% interest in Greekkannabis, PC, an Athens, Greece based cannabis company which has received its license for the construction of a facility encompassing approximately 500,000 square feet of buildings on 15 acres of land outside of Athens, Greece to grow, process and export medical grade cannabis from Greece to the European Union and elsewhere.
Kaya Farms™ Israel- Kaya Shalvah LTD (“Kaya Farms Israel”, an Israeli Corporation) is a majority owned subsidiary of KBI. Kaya Farms Israel is in the process of applying to various Israeli Government Agencies for a license to grow, process and export medical grade cannabis from Israel. Upon submission of the initial application to the Israeli Cannabis Authority, Kaya Shalvah intends to submit a bid to acquire 100 Dunams (approximately 25 acres) of land in Israel that is part of Greenegev, an Israeli Government backed Cannabinoid Ecosystem in Yerucham, Israel that is envisioned to become the Silicon Valley of Medical Cannabis Production and Research.
These two facilities, as currently envisioned (and after obtaining successful financing, completing construction and obtaining final requisite licensing), are configured to produce approximately 600,000 pounds of GMP Certified, Premium Medical Grade, Cannabis annually for potential export to the European Union and elsewhere.
Canadian Franchising: KAYS has targeted Canada (the only G7 country that has legalized both medical and recreational cannabis production, sale and use on a national level) for its first international sale and operation of Kaya Shack™ cannabis store franchises, with a goal of 75-100 Kaya Shack™ Cannabis Retail locations throughout Canada through a multi-year structured rollout, subject to licensing and market conditions. KAYS has retained Toronto, Canada based law firm of Garfinkle Biderman, LLP to prepare the Franchise Disclosure Documents and related items for the sale of Kaya Shack™ cannabis store franchises in Canada. KAYS plans to ultimately expand its franchise operations to the U.S., as regulations and laws permit.
Important Disclosure
KAYS is planning execution of its stated business objectives in accordance with current understanding of state and local laws and federal enforcement policies and priorities as it relates to marijuana. Potential investors and shareholders are cautioned that KAYS and MJAI will obtain advice of counsel prior to actualizing any portion of their business plan (including but not limited to license applications for the cultivation, distribution or sale of marijuana products, engaging in said activities or acquiring existing cannabis production/sales operations). Advice of counsel with regard to specific activities of KAYS, federal, state or local legal action or changes in federal government policy and/or state and local laws may adversely affect business operations and shareholder value.
Forward Looking Statements
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information contact Investor Relations: 561-210-7664
SOURCE: Kaya Holdings, Inc.
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Online Shareholder Business Update, which is to be held on Wednesday, September 2, 2020 at 2:00 PM Eastern Time.
Seating is limited so please register now using the following link to reserve your place for the program:
https://us02web.zoom.us/webinar/register/WN_fdKpjk8oTnWZeOzIwc2klw
After registering, you will receive a confirmation email containing information about joining the webinar. If you do not receive a confirmation email, please contact us via email at info@kayaholdings.com and we will assist you.
A copy of the Company’s latest filings complete with pictures, store information and other data as filed with the SEC is available online at www.sec.gov
Investor Update:
To access KAYS News & SEC Filings, Level II Quotes, News sign up for notifications of
please go to www.kayaholdings.com
and add your email to our list
Unsubscribe
This message was sent to abracky@yahoo.com from info@kayaholdings.com
KAYA SHACK (OTCQB: KAYS)
Alternative Fuels Americas, Inc.
305 S. Andrews Ave Suite 209
Fort Lauderdale, FL 33301
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OTCQB:KAYS NEWS ALERT
International Cannabis Company Kaya Holdings’ Greek CBD Pet Products Partnership Hires Prominent Industry Veteran as CEO
Fort Lauderdale, Florida August 12, 2020, - Kaya Holdings, Inc., (“KAYS” or the “Company”) (OTCQB.KAYS), the first U.S. publicly traded company to vertically integrate cannabis retail, cultivation and processing, announced today that its Greek Partnership, Kaya Kannabis, has hired a veteran pet industry executive to lead its recently announced Cannamo™ brand of CBD pet products.
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In Hellenic mythology, Ambrosia used to be the food of the Gods, considered to
grant immortality to whoever consumed it. Ambrosia Pet Foods is a well recognized brand
from Greece, and Kaya Kannabis is seeking to leverage this success for the marketing
of the Cannamo brand of CBD pet products.
“We are pleased to announce the appointment of Calliope Zogopoulou as the CEO of Cannamo™”, said Panagiotis Kinnis, one of the founding partners of Greek Kannabis and a Kaya Kannabis executive. “We believe she has the experience, relationships, and leadership to bring our very first product line to market in Greece and the EU”.
Ms. Zogopoulou is the co-founder, active partner, operational administrator and executive of “Ambrosia Pet Food” (https:// www.ambrosiapetfood.com/), a producer of premium-quality dry pet food. Over the years she has developed strong relationships with some of the largest pet-food distributors in Greece, as well contacts in Romania, Russia, Israel, and major E.U. countries.
“I am enthusiastic and excited by the opportunities I believe we can create with the Cannamo™ brand,” shared Calliope Zogopoulou. “CBD in pet food can provide our beloved pets with pain relief, better digestion and overall health. I am so pleased to help bring this newly recognized wellness product to Greek pet owners, and beyond.”
“Once again our Greek partners have demonstrated their ability to deliver at an extremely high level, providing our joint venture, Kaya Kannabis, with opportunity and access”, added KAYS CEO, Craig Frank, “We were also pleased to be able to activate our partnership with Day Three Labs to source product and provide logistical support. This deal serves to validate our plan to integrate talent and opportunities for a strong KAYS international presence”.
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Kaya Holdings files periodic reports with the U.S. Securities and Exchange Commission (the “SEC”). A copy of the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, complete with pictures, store information and product testing, as well as our other periodic reports filed with the SEC, is available online at www.sec.gov or at www.otcmarkets.com.
To be advised of all upcoming News Releases and shareholder emails please go to www.kayaholdings.com and add your email to our notification list.
Also, please follow this link to see a video of how we are operating with our Covid-19 inspired safety enhancements to serve our medical and recreational marijuana customers via instore sales, curbside pickup and free delivery:
https://www.youtube.com/watch?v=-6TpVuFzxM8
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About Kaya Holdings, Inc.- (www.kayaholdings.com)
Kaya Holdings, Inc. ("KAYS") is a touch-the-plant vertically integrated legal cannabis company operating a number of majority owned subsidiaries that retail, cultivate, produce and distribute premium medical and recreational cannabis products, including flower, concentrates, oils and extracts, cannabis-infused foods and beverages, topicals and cannaceuticals. KAYS is a fully reporting, US-based publicly traded company, listed for trading on the OTCQB Tier of the over-the counter market under the symbol OTCQB:KAYS.
KAYS Cannabis operations are conducted under three main majority-owned subsidiaries as further detailed below:
Marijuana Holdings Americas, Inc. owns the Kaya Shack™ brand of licensed medical and recreational marijuana stores (www.kayashack.com) and the Kaya Farms™ brand of cannabis production and processing operations that operate in the United States.
Kaya Brands USA, Inc. owns a wide range of proprietary brands of cannabis extracts, oils, pre-rolls, topicals, food and beverages, cannaceuticals and related accessories.
Kaya Brands International, Inc., was founded to serve as the vehicle for the Company’s non-U.S. operations including retail franchising in Canada and cultivation activities in Greece and Israel.
Marijuana Holdings Americas, Inc.-
U.S. Cannabis Operations
Kaya Shack™ Retail Cannabis Stores
In 2014, KAYS became the first United States publicly traded company to own and operate a Medical Marijuana Dispensary. KAYS presently operates two Kaya Shack™ OLCC licensed marijuana retail stores to service the legal medical and recreational marijuana market in Oregon, and maintains an active third OLCC Marijuana Retail License which it is seeking to move to its Eugene, Oregon Kaya Farms Indoor Production and Processing Facility so that the Company may offer a “Kaya Farm Store” and also serve as a retail delivery hub for Eugene, Oregon.
Kaya Farms™
Eugene, Oregon Indoor Grow, Processing & Cannaceutical Facility: KAYS has developed its own proprietary Kaya Farms™ strains of cannabis, which it grows and produces (together with edibles and other cannabis derivatives) at its 12,000 square foot indoor grow and cannabis manufacturing facility in Eugene, Oregon, capable of producing approximately 1,500 pounds of premium cannabis annually, with the capacity for expansion. The Company also plans to use the space for production of oils, concentrates, extracts, edibles, and cannaceuticals.
KAYS is currently conducting limited operations at the facility pending acquisition of both a production and processing license in the secondary market for the facility, and the requisite approval by the Oregon Liquor Control Commission (the "OLCC", the Oregon state regulating agency which regulates legal cannabis production and licensing matters) to transfer the licenses to KAYS.
In the interim the facility is operationg under a Conditional Letter of Authority granted by the OLCC to operate the facility, and KAYS has received documentation from the OLCC confirming that both of the pending Kaya Farms License renewals from 2019 have been approved so that Sunstone may process a current renewal application for the upcoming license year allowing for resolution of the licensing. For more detailed information please see the most recent Quarterly Filing for KAYS.
Lebanon, Oregon Farm & Greenhouse Facility: KAYS owns a 26-acre parcel in Lebanon, Linn County, Oregon which it intends to construct a 85,000-square foot Kaya Farms™ greenhouse cultivation and production facility. To date KAYS has received Linn County Zoning approvals and upon issuance of OLCC Licensing it will begin construction. The farm is intended for immediate development and provides the Company with a potential additional capacity of more than 100,000 pounds annually, to be expanded once export from Oregon to other U.S. States and foreign countries where cannabis use is legal is permitted. Kaya Farms™ operates in accordance with a Grow Operations manual, as well as manuals for compliance, employment matters and safety.
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Kaya Brands USA, Inc.-
Brand and Product Development
The Company maintains a genetics library of over 30 strains of cannabis and owns a number of proprietary brands in traditional and innovative cannabis categories including Kaya Buddies™ pre-rolls, Really Happy Glass™ cannabis accessories, and Kaya Gear™, company related and cannabis centric fashion. These brands are currently available at Kaya Shack™ stores.
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The Company has made advances in the development of its Kumba Extracts™, Syzygy Extracts™, Pakalolo Juice Company™ Soothe Topicals™, Tony Giggles Pleasure Foods™ (frozen infused Italian entrees), Uptown Shaman™ (cannaceuticals), and Kaya Yums™ (chocolates, gummies, power bars) brands. and Kaya Yums™ brands of extracts, oils, vape cartridges, beverages and a variety of edibles, respectively. Pending approval of our production and processing license, KAYS intends to begin a multi-state rollout planned in 2020 to the extent permitted by U.S. legal infrastructure. These brands are intended for all Kaya Shack™ stores, both corporate owned and franchised.
Kaya Brands International, Inc.-
Foreign Cannabis Operations
After over five years of conducting "touch the plant" U.S. cannabis operations inside the strict regulatory confines of a public company, KAYS has formed a subsidiary, Kaya Brands International, Inc. ("KBI") to leverage its experience and expand into worldwide cannabis markets. KBI's current operations and initiatives include:
Canadian Franchising
KAYS has targeted Canada for its first international sale and operation of Kaya Shack™ cannabis store franchises. KAYS has entered into an area representation agreement with The Franchise Academy (a leading Canadian Franchise Development and Sales Group) to implement the Kaya Shack™Retail Cannabis Store program in Canada (the only G7 country that has legalized both medical and recreational cannabis production, sale and use on a national level). The agreement targets 75-100 Kaya Shack™ Cannabis Retail locations throughout Canada through a multi-year structured rollout, subject to licensing and market conditions.
The Franchise Academy (http://www.franchiseacademy.ca) and its founder Shawn Saraga, is a member and national sponsor of the Canadian Franchise Association. With over 15 years of industry experience and having successfully closed over 700 franchise agreements and leases across Canada, the Franchise Academy has the knowledge, expertise, network and dedication to assist select franchisors enter the Canadian market.
Additionally, KAYS has retained Toronto, Canada based law firm of Garfinkle Biderman, LLP to prepare the Franchise Disclosure Documents and related items for the sale of Kaya Shack™ cannabis store franchises in Canada. We expect the franchise sale and placement effort throughout Canada to progress over the next 3-24 months. KAYS plans to ultimately expand its franchise operations to the U.S., as regulations and laws permit.
Kaya Kannabis- Kaya Farms™ Greece
KAYS has entered into a Memorandum of Understanding ("MOU") setting forth an agreement in principle for KBI to acquire a 50% ownership interest in Greekkannabis, PC ("GKC"). GKC is a recently formed Athens, Greece based cannabis company which has applied for and is awaiting issuance of a medical cannabis cultivation, processing and export license from the Greek government.
The MOU sets forth an agreement in principle, pursuant to which in consideration for KBI providing the necessary expertise related to cannabis cultivation, processing, brand development and other matters, KBI will have the right to acquire a 50% ownership interest in GKC by reimbursing GKC for 50% of its license application costs (with allowances for KBI's expenses as well). Consummation of the transaction contemplated by the MOU is subject to, among other customary conditions, satisfactory completion by KBI of its due diligence review of GKC, the drafting, execution and delivery of definitive transaction documentation and final license approval and issuance by the Greek government.
GKC plans to establish its cannabis cultivation and processing facility on land already identified outside of Athens. Project management envisages 3 stages of development, each comprised of 125,000 square feet of light-deprivation greenhouse cultivation. Each phase is expected to produce 93,600 pounds of premium medical cannabis, for an anticipated total project capacity of not less than 280,0000 pounds annually for distribution throughout Europe and other select markets.
KAYS and KBI are represented in Greece by the Athens based law firm of Dalakos Fassolis Theofanopoulos (https://dftlaw.gr/). The firm has developed a long-established and well-respected commercial legal practice and has developed a wide international network of correspondent relationships with overseas law offices throughout the world.
Important Disclosure: KAYS is planning execution of its stated business objectives in accordance with current understanding of state and local laws and federal enforcement policies and priorities as it relates to marijuana. Potential investors and shareholders are cautioned that KAYS and MJAI will obtain advice of counsel prior to actualizing any portion of their business plan (including but not limited to license applications for the cultivation, distribution or sale of marijuana products, engaging in said activities or acquiring existing cannabis production/sales operations). Advice of counsel with regard to specific activities of KAYS, federal, state or local legal action or changes in federal government policy and/or state and local laws may adversely affect business operations and shareholder value.
Forward Looking Statements
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information contact Investor Relations: 561-210-7664
SOURCE: Kaya Holdings, Inc.
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Sign up and watch your email for notifications after we confirm the date and time of the next KAYS webinar and conference call to take questions on KAYS operations and development plans. Interested parties are advised to go to www.kayaholdings.com and register for KAYS updates; a confirmation email and participation code will be sent out to all shareholders and interested parties as soon as the date is set.
A copy of the Company’s latest filings complete with pictures, store information and other data as filed with the SEC is available online at www.sec.gov
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KAYA SHACK (OTCQB: KAYS)
Alternative Fuels Americas, Inc.
305 S. Andrews Ave Suite 209
Fort Lauderdale, FL 33301
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Kaya Holdings Inc. (OTCMKTS:KAYS) Partners With Day Three Labs To Develop CBD Pet Products For European Market
Published
1 day ago
on
August 4, 2020
By
Ward Sport
Kaya Holdings Inc. (OTCMKTS:KAYS) announced a strategic partnership agreement with the Denver-based cannabis innovation lab, Day Three Labs, which has research operation In Ra’anana, Israel.
Kaya collaborating with DTL to develop pet products
The companies will concentrate on their first collaborative operation of sourcing and developing various CBD supplements for pets for distribution across Europe through Kaya’s Greece joint Venture, Kaya Kannabis. Also, the Day Three Labs principals Rafi Cohen and Joshua Rubin will be serving as advisory board members of Kaya Shalvah, which is Kaya Holding’s growing and processing project expected to be constructed in Isreal.
Craig Frank, the CEO of Kaya Holdings, stated that they were delighted to work with Day Three Labs on various projects of common interest. He added that the association of Kaya with DTL will bring exclusive product development and association in the cannabis scientific space in Israel and thus benefit their service and experience. Frank said that most importantly, the relationship shows the commitment regarding the Kaya Shalvah project and the ability to collaborate with partners in the cannabis sector.
DTL CEO, Joshua Rubin said that the partnership with Kaya solidifies their efforts of driving innovation across the global cannabis space. He added that they were delighted to cooperate on introducing unique and differentiated products to the cannabis market, beginning with CBD products. Rubin concluded that they look forward to offering their cannabis knowledge to the Kaya Shalvah Advisory Board to drive value.
Kaya introduces CBD pet products in Greece
Kaya Holding’s subsidiary Kaya Brands International in partnership with its joint venture partner Greekkannabis has rolled out CBD per products in Greece and neighboring countries in Europe under the Cannamo brand. With the help of DTL, Kaya Brands developed pet product to meet demand identified by Greekkannabis.
The three companies will play a vital role in marketing of the Cannamo brand for enhanced penetration. Kaya CEO stated that Cannamo brand was a result of collaborative efforts in establishing the company’s expansion globally.
RELATED TOPICS:CRAIG FRANKJOSHUA RUBINKAYA HOLDINGS INC.KAYA HOLDINGS INC. (OTCMKTS:KAYS)OTCMKTS:KAYS
Kaya Brands International, Inc, A Subsidiary Of Kaya Holdings Inc (OTCMKTS:KAYS), And Greekkannabis Will Introduce CBD Pet Products Under Cannamo Brand
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Published
2 days ago
on
July 28, 2020
By
Melissa Kay
Kaya Brands International, Inc. (KBI), an auxiliary of Kaya Holdings Inc (OTCMKTS:KAYS), along with its JV partner – Greekkannabis (GKC) will roll out cannabidiol pet products under the brand – Cannamo in Greece and adjoining nations in Europe.
Involves Day Three Labs
KBI developed the Cannomo brand to satisfy the demand identified by GKC. The company also involved Day Three Labs (DTL), a company based in Israeli, developing the Cannamo brand.
GKC will contribute experience gained in the pet supplement and pet food industry in Greece for the success of this innovative brand. The three partners will play a vital role in introducing the Cannamo brand and facilitating its penetration.
Craig Frank, CEO of Kayak, said the Cannamo brand is a result of the three players’ broader cooperation to establish a large company for global expansion. The three leading players leveraged their strengths in the development and commercialization of the Cannamo brand and make its implementation simple and effective.
Kaya Kannabis, a JV between GKC and Kaya, will nurture relationships with customers for CBD products introduced by the team while rigorous efforts are put in to create a marketing strategy targeted at the EU. Co-founder of GKC, Elias Kammenos, said the launch of CBD pet products will generate revenue streams while a medical cannabis facility is constructed in Greece. It will also familiarize its brands in the EU because plans are underway to introduce THC products.
DTL’s principals – Rafi Cohen and Joshua Robin will be onboard the advisory panel to support the construction of the cultivation and processing project of Kayak in Israel. Craig said the company is excited to work with DTL on mutually beneficial projects. Kayak will benefit from product development and relationships in the scientific cannabis community of Israel.
Long time opportunity
Co-founder of GKC, Panos Kinnis, said their innovative ideas, approach, and vision helped expedite the launch of its products. It also offered a myriad of opportunities to cultivate growth. EU presents a long time demand for cannabidiol and medical cannabis products. GKC plans to go ahead with KBI to take an early lead and capitalize on the emerging opportunities to derive rich dividends.
The Greek government granted a cannabis installation license to GKC to commence Medical Cannabis Cultivation/ processing facility in Thebes, Greece. It will annually produce 225,000 pounds of medical cannabis products. Kayak established KBI to address global markets, leveraging its operational expertise.
https://mmjreporter.com/kaya-brands-international-inc-a-subsidiary-of-kaya-holdings-inc-otcmktskays-and-greekkannabis-will-introduce-cbd-pet-products-under-cannamo-brand-41046
Kaya Holdings, Inc. Enters into Strategic Partnership with
U.S.-Israeli Cannabis
Innovation Lab
Ft. Lauderdale, Fl., July 21 2020 - Kaya Holdings, Inc., (“KAYS” or the “Company”) (OTCQB.KAYS), the first U.S. publicly traded company to vertically integrate cannabis retail, cultivation and processing, announced today that it has formed a strategic partnership with Day Three Labs (“DTL”), a cannabis innovation and development lab headquartered in Denver, CO with scientific research operations in Ra’anana, outside of Tel Aviv, Israel.
Headquartered in Denver with research operations in Israel, DTL
taps into over 50 years of cannabinoid science research
to disrupt the cannabis industry by delivering Israeli innovation and
ingenuity to North America.
The parties will focus their first cooperative endeavor on sourcing and developing select CBD supplements for pets, to be distributed in Europe by Kaya Kannabis, KAYS’ joint venture in Greece. Additionally, both Joshua Rubin and Rafi Cohen, DTL’s principals, will serve on the Advisory Board of Kaya Shalvah, KAYS’ cultivation and processing project targeted for construction in Israel.
“We are extremely happy to be working closely with DTL on projects of mutual interest. Our association with them brings to KAYS distinctive Israeli product development, relationships in the Israeli cannabis scientific community, and the benefit of their experience and service,” stated KAYS CEO Craig Frank. “More importantly”, continued Frank, “this relationship demonstrates our commitment to the Kaya Shalvah project in Israel and our ability to operate cooperatively with those in the Israeli cannabis sector”.
According to DTL’s CEO, Joshua Rubin, “Our partnership with KAYS, a proven trailblazer and pioneer, furthers our efforts to drive innovation throughout the global cannabis industry. We are excited to collaborate on introducing exciting and differentiated cannabis products to the market, beginning with CBD pet supplements, and look forward to lending our cannabis expertise to KAYS advisory board.”
About Day Three Labs (https://daythreelabs.com)
Led by a team of CPG brand strategists and Israeli scientists, Day Three Labs (DTL) is a cannabinoid product innovation and development lab specializing in custom cannabis solutions. With headquarters in Denver and research operations in Israel, DTL taps into over 50 years of science research and plant study to disrupt the cannabis industry by delivering Israeli innovation and ingenuity to global markets. Product development spans a diverse range of the CPG space, including: health + wellness; skinceuticals; food + beverage; sports training + recovery; personal care; pet care; intimacy products; cosmetics; and women’s and men’s health. DTL helps brands tell a compelling narrative by designing differentiated products and, coupled with impact studies, illustrates CPG cannabinoid products perform as intended.
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Kaya Holdings files periodic reports with the U.S. Securities and Exchange Commission (the “SEC”). A copy of the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, complete with pictures, store information and product testing, as well as our other periodic reports filed with the SEC, is available online at www.sec.gov or at www.otcmarkets.com.
To be advised of all upcoming News Releases and shareholder emails please go to www.kayaholdings.com and add your email to our notification list.
Also, please follow this link to see a video of how we are operating with our Covid-19 inspired safety enhancements to serve our medical and recreational marijuana customers via instore sales, curbside pickup and free delivery:
https://www.youtube.com/watch?v=-6TpVuFzxM8
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About Kaya Holdings, Inc.- (www.kayaholdings.com)
Kaya Holdings, Inc. ("KAYS") is a touch-the-plant vertically integrated legal cannabis company operating a number of majority owned subsidiaries that retail, cultivate, produce and distribute premium medical and recreational cannabis products, including flower, concentrates, oils and extracts, cannabis-infused foods and beverages, topicals and cannaceuticals. KAYS is a fully reporting, US-based publicly traded company, listed for trading on the OTCQB Tier of the over-the counter market under the symbol OTCQB:KAYS.
KAYS Cannabis operations are conducted under three main majority-owned subsidiaries as further detailed below:
Marijuana Holdings Americas, Inc. owns the Kaya Shack™ brand of licensed medical and recreational marijuana stores (www.kayashack.com) and the Kaya Farms™ brand of cannabis production and processing operations that operate in the United States.
Kaya Brands USA, Inc. owns a wide range of proprietary brands of cannabis extracts, oils, pre-rolls, topicals, food and beverages, cannaceuticals and related accessories.
Kaya Brands International, Inc., was founded to serve as the vehicle for the Company’s non-U.S. operations including retail franchising in Canada and cultivation activities in Greece and Israel.
Marijuana Holdings Americas, Inc.-
U.S. Cannabis Operations
Kaya Shack™ Retail Cannabis Stores
In 2014, KAYS became the first United States publicly traded company to own and operate a Medical Marijuana Dispensary. KAYS presently operates three Kaya Shack™ OLCC licensed marijuana retail stores to service the legal medical and recreational marijuana market in Oregon.
Kaya Farms™
Eugene, Oregon Indoor Grow, Processing & Cannaceutical Facility: KAYS has developed its own proprietary Kaya Farms™ strains of cannabis, which it grows and produces (together with edibles and other cannabis derivatives) at its 12,000 square foot indoor grow and cannabis manufacturing facility in Eugene, Oregon, capable of producing approximately 1,500 pounds of premium cannabis annually, with the capacity for expansion. The Company also plans to use the space for production of oils, concentrates, extracts, edibles, and cannaceuticals. KAYS is currently conducting limited operations at the facility pending approval transfer of the production and processing licenses to KAYS by the Oregon Liquor Control Commission (the "OLCC"), the Oregon state regulating agency which regulates legal cannabis production, processing and sale.
Lebanon, Oregon Farm & Greenhouse Facility: KAYS owns a 26-acre parcel in Lebanon, Linn County, Oregon which it intends to construct a 85,000-square foot Kaya Farms™ greenhouse cultivation and production facility. To date KAYS has received Linn County Zoning approvals and upon issuance of OLCC Licensing it will begin construction. The farm is intended for immediate development and provides the Company with a potential additional capacity of more than 100,000 pounds annually, to be expanded once export from Oregon to other U.S. States and foreign countries where cannabis use is legal is permitted. Kaya Farms™ operates in accordance with a Grow Operations manual, as well as manuals for compliance, employment matters and safety.
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Kaya Brands USA, Inc.-
Brand and Product Development
The Company maintains a genetics library of over 30 strains of cannabis and owns a number of proprietary brands in traditional and innovative cannabis categories including Kaya Buddies™ pre-rolls, Really Happy Glass™ cannabis accessories, and Kaya Gear™, company related and cannabis centric fashion. These brands are currently available at Kaya Shack™ stores.
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The Company has made advances in the development of its Kumba Extracts™, Syzygy Extracts™, Pakalolo Juice Company™ Soothe Topicals™, Tony Giggles Pleasure Foods™ (frozen infused Italian entrees), Uptown Shaman™ (cannaceuticals), and Kaya Yums™ (chocolates, gummies, power bars) brands. and Kaya Yums™ brands of extracts, oils, vape cartridges, beverages and a variety of edibles, respectively. Pending approval of our production and processing license, KAYS intends to begin a multi-state rollout planned in 2020 to the extent permitted by U.S. legal infrastructure. These brands are intended for all Kaya Shack™ stores, both corporate owned and franchised.
Kaya Brands International, Inc.-
Foreign Cannabis Operations
After over five years of conducting "touch the plant" U.S. cannabis operations inside the strict regulatory confines of a public company, KAYS has formed a subsidiary, Kaya Brands International, Inc. ("KBI") to leverage its experience and expand into worldwide cannabis markets. KBI's current operations and initiatives include:
Canadian Franchising
KAYS has targeted Canada for its first international sale and operation of Kaya Shack™ cannabis store franchises. KAYS has entered into an area representation agreement with The Franchise Academy (a leading Canadian Franchise Development and Sales Group) to implement the Kaya Shack™Retail Cannabis Store program in Canada (the only G7 country that has legalized both medical and recreational cannabis production, sale and use on a national level). The agreement targets 75-100 Kaya Shack™ Cannabis Retail locations throughout Canada through a multi-year structured rollout, subject to licensing and market conditions.
The Franchise Academy (http://www.franchiseacademy.ca) and its founder Shawn Saraga, is a member and national sponsor of the Canadian Franchise Association. With over 15 years of industry experience and having successfully closed over 700 franchise agreements and leases across Canada, the Franchise Academy has the knowledge, expertise, network and dedication to assist select franchisors enter the Canadian market.
Additionally, KAYS has retained Toronto, Canada based law firm of Garfinkle Biderman, LLP to prepare the Franchise Disclosure Documents and related items for the sale of Kaya Shack™ cannabis store franchises in Canada. We expect the franchise sale and placement effort throughout Canada to progress over the next 3-24 months. KAYS plans to ultimately expand its franchise operations to the U.S., as regulations and laws permit.
Kaya Kannabis- Kaya Farms™ Greece
KAYS has entered into a Memorandum of Understanding ("MOU") setting forth an agreement in principle for KBI to acquire a 50% ownership interest in Greekkannabis, PC ("GKC"). GKC is a recently formed Athens, Greece based cannabis company which has applied for and is awaiting issuance of a medical cannabis cultivation, processing and export license from the Greek government.
The MOU sets forth an agreement in principle, pursuant to which in consideration for KBI providing the necessary expertise related to cannabis cultivation, processing, brand development and other matters, KBI will have the right to acquire a 50% ownership interest in GKC by reimbursing GKC for 50% of its license application costs (with allowances for KBI's expenses as well). Consummation of the transaction contemplated by the MOU is subject to, among other customary conditions, satisfactory completion by KBI of its due diligence review of GKC, the drafting, execution and delivery of definitive transaction documentation and final license approval and issuance by the Greek government.
GKC plans to establish its cannabis cultivation and processing facility on land already identified outside of Athens. Project management envisages 3 stages of development, each comprised of 125,000 square feet of light-deprivation greenhouse cultivation. Each phase is expected to produce 93,600 pounds of premium medical cannabis, for an anticipated total project capacity of not less than 280,0000 pounds annually for distribution throughout Europe and other select markets.
KAYS and KBI are represented in Greece by the Athens based law firm of Dalakos Fassolis Theofanopoulos (https://dftlaw.gr/). The firm has developed a long-established and well-respected commercial legal practice and has developed a wide international network of correspondent relationships with overseas law offices throughout the world.
Important Disclosure: KAYS is planning execution of its stated business objectives in accordance with current understanding of state and local laws and federal enforcement policies and priorities as it relates to marijuana. Potential investors and shareholders are cautioned that KAYS and MJAI will obtain advice of counsel prior to actualizing any portion of their business plan (including but not limited to license applications for the cultivation, distribution or sale of marijuana products, engaging in said activities or acquiring existing cannabis production/sales operations). Advice of counsel with regard to specific activities of KAYS, federal, state or local legal action or changes in federal government policy and/or state and local laws may adversely affect business operations and shareholder value.
Forward Looking Statements
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information contact Investor Relations: 561-210-7664
SOURCE: Kaya Holdings, Inc.
****************************************************
?
Sign up and watch your email for notifications after we confirm the date and time of the next KAYS webinar and conference call to take questions on KAYS operations and development plans. Interested parties are advised to go to www.kayaholdings.com and register for KAYS updates; a confirmation email and participation code will be sent out to all shareholders and interested parties as soon as the date is set.
A copy of the Company’s latest filings complete with pictures, store information and other data as filed with the SEC is available online at www.sec.gov
Investor Update:
To access KAYS News & SEC Filings, Level II Quotes, News sign up for notifications of
please go to www.kayaholdings.com
and add your email to our list
Unsubscribe
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KAYA SHACK (OTCQB: KAYS)
Craig Frank
305 S. Andrews Ave Suite 209
Fort Lauderdale, FL 33301
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From Fox Business - Coronavirus coin shortage has people cashing in on spare change
Coronavirus coin shortage has people cashing in on spare change
https://www.foxbusiness.com/money/coronavirus-coin-shortage-has-people-cashing-in-on-spare-change
Cleveland-Cliffs Inc. Announces Price Increase for Carbon Steel Products
July 21, 2020, 2:31 pm
Cleveland-Cliffs Inc. (NYSE: CLF) (the "Company") today announced that its wholly-owned subsidiary, AK Steel, is increasing current spot market base prices for all carbon flat-rolled steel hot rolled, cold rolled and coated products by a minimum of $40 per ton, effective immediately with new orders in North America.
About Cleveland-Cliffs
Founded in 1847, Cleveland-Cliffs is among the largest vertically integrated producers of differentiated iron ore and steel in North America. With an emphasis on non-commoditized products, the Company is uniquely positioned to supply both customized iron ore pellets and steel solutions to a quality-focused customer base. AK Steel, a wholly-owned subsidiary of Cleveland-Cliffs, is a leading producer of flat-rolled carbon, stainless and electrical steel products. The AK Tube and Precision Partners businesses provide customer solutions with carbon and stainless steel tubing products, die design and tooling, and hot- and cold-stamped components. In 2020, Cliffs also expects to be the sole producer of hot briquetted iron (HBI) in the Great Lakes region. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 11,000 people across mining and steel manufacturing operations in the United States and Canada. For more information, visit www.clevelandcliffs.com or www.aksteel.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200721005867/en/
Contacts
MEDIA CONTACT:
Patricia Persico
Director, Corporate Communications
(216) 694-5316
INVESTOR CONTACT:
Paul Finan
Director, Investor Relations
(216) 694-6544
Update privacy choices
Reactions
RumbleOn to Announce Second Quarter 2020 Financial Results on August 14, 2020
Source: Business Wire
RumbleOn, Inc (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced it will release second quarter 2020 financial results before market opens on August 14, 2020. On that day management will host a conference call and webcast at 8:30 a.m. ET to discuss the company’s business and financial results.
Webcast and Conference Call Details
When: August 14, 2020 at 8:30 a.m. ET
Webcast: A live and archived webcast of the call can be accessed from the Events & Presentations section of RumbleOn’s Investor Relations website, https://investors.rumbleon.com
Dial In: To access the live call please dial (877) 273-6127, or (647) 689-5394 for callers outside North America (Conference ID: 2089921). Due to high call volume, it is suggested participants dial-in to the call 15 minutes prior to its scheduled start time to avoid delays
Audio Replay: A telephonic replay of the conference call will be available until August 22, 2020, and can be accessed by dialing (800) 585-8367, or (416) 621-4642 for callers outside North America (Conference ID: 2089921)
About RumbleOn
RumbleOn (NASDAQ: RMBL) is an e-commerce company that uses innovative technology to simplify how dealers and customers buy, sell, trade, or finance pre-owned vehicles through RumbleOn’s 100% online marketplace. Leveraging its capital-light network of regional partnerships and innovative technological solutions, RumbleOn is disrupting the old-school pre-owned vehicle supply chain by providing dealers with technology solutions and consumers with an efficient, timely and transparent transaction experience. For more information, please visit http://www.rumbleon.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200720005748/en/
Investor Relations:
The Blueshirt Group
Dylan Solomon
investors@rumbleon.com
RumbleOn to Bring Online Capabilities to Powersport Dealers Across the Nation
Source: Business Wire
Announces Upcoming Launch of the Third Generation of RumbleOn.com - RumbleOn.com 3.0
RumbleOn (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced the upcoming launch of RumbleOn.com 3.0, expected in early August.
RumbleOn.com 3.0 will allow dealers to list both new and used powersports on RumbleOn’s consumer website and leverage RumbleOn’s technology such as cash offers, RumbleOn Finance and an enhanced Dealer Direct platform which will offer B2B wholesale transactions in addition to virtual inventory. Providing online capabilities to brick and mortar dealers across the country will enable participating dealers to operate online using RumbleOn’s feature-rich technology and address the growing demand for online-only transactions.
“We are launching a comprehensive enhancement to our technology solution, RumbleOn.com 3.0, which will enable powersport dealers to compete in an increasingly online marketplace. We are giving them access to technology and digital tools currently unavailable to most dealers, thus eliminating geographic boundaries and making them more competitive online. The traction we are seeing from the early days of signing up dealers is evidence that they are ready to embrace the new features and enhanced capabilities 3.0 has to offer,” said RumbleOn’s Chief Executive Officer Marshall Chesrown. “Our enhanced platform, with hundreds of dealers and the robust aggregation of thousands of vehicles on RumbleOn.com, will simplify and improve the desired customer experience like never before.”
“Our agnostic model, sophisticated technology and proven processes leave us uniquely positioned to support dealers, no matter how big or small, for all their sales needs, while creating more opportunities to monetize our technology,” concluded Chesrown.
About RumbleOn
RumbleOn (NASDAQ: RMBL) is an e-commerce company that uses innovative technology to simplify how dealers and customers buy, sell, trade, or finance pre-owned vehicles through RumbleOn’s 100% online marketplace. Leveraging its capital-light network of regional partnerships and innovative technological solutions, RumbleOn is disrupting the old-school pre-owned vehicle supply chain by providing dealers with technology solutions and consumers with an efficient, timely and transparent transaction experience. For more information, please visit http://www.rumbleon.com.
Cautionary Note Regarding Forward Looking Statements
This press release may contain “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on RumbleOn’s expectations as of the date of this report and speak only as of the date of this report and are advised to consider the factors listed under the heading “Forward-Looking Statements” and “Risk Factors” in RumbleOn’s SEC filings, as may be updated and amended from time to time. RumbleOn undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200720005164/en/
Investor Relations:
The Blueshirt Group
Dylan Solomon
investors@rumbleon.com
Implied Volatility Surging for Cleveland-Cliffs (CLF) Stock Options
Zacks Equity Research
July 13, 2020, 8:56 am
Investors in Cleveland-Cliffs Inc. CLF need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 31, 2020 $7.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Cleveland-Cliffs shares, but what is the fundamental picture for the company? Currently Cleveland-Cliffs is a Zacks Rank #2 (Buy) in the Mining - Miscellaneous industry that ranks in the Top 10% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while two analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from a loss of 21 cents per share to a loss of 35 cents in that period.
Given the way analysts feel about Cleveland-Cliffs right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
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Healthcare
Kaya Holdings and Greekkannabis to launch Cannamo
Jul. 08, 2020 12:26 PM ETKaya Holdings, Inc. (KAYS)By: Khyathi Dalal, SA News Editor1 Comment
Kaya Holdings' (OTCQB:KAYS -16.0%) majority owned subsidiary Kaya Brands International along with its Greek joint venture partner Greekkannabis plan to launch the Cannamo brand of CBD pet products for immediate distribution across Greece and neighboring European countries.
The brand's development will be facilitated through KAYS' relationship with the Israel/Colorado based Day Three Labs, which assisted in Europe product sourcing.
"We anticipate that our CBD pet products line will provide a revenue stream while we construct our planned medical cannabis facility in Greece and familiarize the market with our brands in anticipation of the planned development and launch of our THC products," Greekkannabis co-founder Elias Kammenos commented.
https://seekingalpha.com/news/3589566-kaya-holdings-and-greekkannabis-to-launch-cannamo
Not at these prices.