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Correct. They just became eligible to even obtain a license on Feb 14. They would still either have to transfer an existing license or they have until July 1st to apply for a new one. Until the license is issued to Bearpot, it's just a building.
All they need to provide is some basic information and a large check
Legal Name of your Medical Marijuana Business
Your Name and Phone Number
Converting to Retail ONLY or requesting Combined Use
If Combined Use will you be relocating the business?
ALL License Numbers being Converted or requesting Combined Use
Local Jurisdiction (Local Authority) of each license
http://www.colorado.gov/cs/Satellite/Rev-MMJ/CBON/1251646523915
Fees Due at Time of Application Submission:
Retail Marijuana Store, Cultivation and Product Manufacturing Business Application Fees
State Application Fee $250.00
Local Authority Application Fee $250.00
Retail Marijuana Store, Cultivation and Product Manufacturing Business License Fees are determined by the Type of Medical Marijuana Business License You Hold
If you own a:
Medical Marijuana Type 1 Center $3,750.00
Medical Marijuana Type 2 Center $8.750.00
Medical Marijuana Type 3 Center $14,000.00
Optional Premises Cultivation $2,750.00
Infused Product Manufacturer $2,750.00
Retail Marijuana Testing Facility Application and License Fees:
State Application Fee $2,500.00
Local Authority Application Fee $2,500.00
Individual Owner Application Fee $1,000
Business License Fee $2,750.00
For those of you that haven't checked yet...
http://www.deepblue.com/ has contracted with several organizations that I am involved with and if bearpotinc.com or wazillomedia.com end up looking anything like their site it will be no less than an experience in itself when they unleash their new webpage.
http://www.deepblue.com/Projects.php#filter
OK, lets just assume it's the same guy...
He spent a whole 30 days in jail for having expired insurance on his car from 11/17/09 to 12/10/09... if he had gotten busted with even a joint his sentence would have been 6 months in NJ... let's be over dramatic, shall we
"For just a single marijuana joint or a few marijuana seeds, the jail sentence from a municipal court in New Jersey can be as much as six months."
http://www.njmarijuana.com/page.php?here=index
So for those of you who are not keeping track of the dirty laundry here
First we have Andrew Fellner, resigned as a CA attorney under an indictment of fraud 32 years ago.
Robert Coffy, who owned a printer resale business from 2008 to 2011 selling refurbished HP printers, which had 2 customers unhappy enough to post about it
and Darrell Armstead, who in 2009 was arrested for driving without insurance in NJ
It's a verifiable mob operation we have here.... whatever
Driving without insurance in NJ 5 years ago...
Detainer Information:
Comp No Charge 39:6B-2 Comp Date 11/17/2009 Issued By NJ020201J Set By UNION MUN CT,
Driving Without Insurance; N.J.S.A. 39:6B-2
What a hardened criminal...
http://www.newjersey-legal-guide.com/Driving-Without-Insurance.html
This is Robert Coffy, the CEO of Bearpot, Inc
http://www.linkedin.com/profile/view?id=104321696&authType=NAME_SEARCH&authToken=AUct&locale=en_US&srchid=2158669571393557031947&srchindex=4&srchtotal=6&trk=vsrp_people_res_name&trkInfo=VSRPsearchId%3A2158669571393557031947%2CVSRPtargetId%3A104321696%2CVSRPcmpt%3Aprimary
He has numerous endorsements
None of these surprise me... I've already checked on Robert and his hangover patch and his favorite bars and his refurbished printers and I've traced Ice Bear Enterprises through NV and CA and I've also checked into most of these other MJ stocks so I'm perfectly content here. If anyone has a shot at getting into the green rush right now, it's STBV.
Tell us what he's infamous for and we can tell you if it's the same guy...
This Robert B Coffy owns Plotters4u, Coffy Time, Inc, Bytox Distribution, & 2Dog Productions in Murrieta, CA... and now Bearpot, Inc. in Woodland Park, CO
Is it this guy?
http://www.linkedin.com/vsearch/p?company=Bytox+Distribution+of+Southern+California&trk=prof-0-ovw-curr_pos
Cause there are other Robert Coffy's in California...
http://www.peoplefinders.com/p/robert+coffey/san%20diego/ca
That is technically true... But that didn't stop people from lining up around the block to buy weed in a store. It didn't stop businesses around the Colorado Springs area from reporting profits of over $1M last month. It didn't stop the state of Colorado from announcing that their projected tax revenue from the sale of MJ was expected to be in the neighborhood of $184M next year... and it certainly hasn't stopped thousands of people from investing in businesses trying to get into the same position that STBV is in right now one way or another.
First people said that there weren't any growers in Teller County because it is against county ordinance and it turns out there are about half a dozen, including the Stanley Farm and Mountain Medicals. Bearpot is a corporation. Designated by the "Inc." It is not just a dispensary or a weed farm. The office does not double as a barn... They can be based anywhere in Colorado and still qualify to own MJ businesses and properties.
No they do not...
"Internal research indicates that digital advertising and media has yet to marry with the multi-billion dollar marijuana industry. According to a December 19th, 2012 press release from the Internet Advertising Bureau, online ad revenue hit historic highs in Q3 2012 of $9.3 billion. Those figures are further cited in the release as showing an 18 percent increase year-over-year (compared to 2011's $7.8 billion in Q3). Any potential digital advertising revenue from this network would be above and beyond sponsorship opportunities that will inevitably develop.
Strategic Global Investments (PINK: STBV) CEO & Chairman Andrew Fellner called the deal, "An ability to align our company with the 'green rush' that has the potential to be a great opportunity for our shareholders. It is our intent to provide GrowLife and any partners of this project with the best production quality and access to our proprietary Wazillo Media technologies. In doing so, we expect to acquire a long-term customer and related revenue."
$TBV
Too far behind WHAT pack? Who else in Colorado, or anywhere for that matter has a MJ facility with at least 600 shareholders cheering it on to succeed?
No, but he does control the company now. Maybe this Bassam is his uncle or father. Bill is also the current owner of the domain "edgenutrition" which is the company's website. No one has debunked the connection between Bassam and Bill because it is still very evident.
http://www.edgenutrition.ca/
http://www.edgenutrition.com/
Domain Name: EDGENUTRITION.COM
Registry Domain ID: 106156108_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Update Date: 2011-11-07 10:49:43
Creation Date: 2003-11-05 14:18:27
Registrar Registration Expiration Date: 2016-11-05 13:18:27
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: abuse@godaddy.com
Registrar Abuse Contact Phone: +1.480-624-2505
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Domain Status: clientRenewProhibited
Domain Status: clientDeleteProhibited
Registry Registrant ID:
Registrant Name: Bill Chaaban
Registrant Organization: CGIA, Inc.
Registrant Street: 32787 Stephenson Hwy
Registrant City: Madison Heights
Registrant State/Province: Michigan
Registrant Postal Code: 48071
Registrant Country: United States
Registrant Phone: +1.2487330383
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: sales@edgenutrition.com
Registry Admin ID:
Admin Name: Bill Chaaban
Admin Organization: CGIA, Inc.
Admin Street: 32787 Stephenson Hwy
Admin City: Madison Heights
Admin State/Province: Michigan
Admin Postal Code: 48071
Admin Country: United States
Admin Phone: +1.2487339773
Admin Phone Ext:
Admin Fax:
Admin Fax Ext:
Admin Email: sales@edgenutrition.com
Registry Tech ID:
Tech Name: Bill Chaaban
Tech Organization: CGIA, Inc.
Tech Street: 32787 Stephenson Hwy
Tech City: Madison Heights
Tech State/Province: Michigan
Tech Postal Code: 48071
Tech Country: United States
Tech Phone: +1.2487339773
Tech Phone Ext:
Tech Fax:
Tech Fax Ext:
Tech Email: sales@edgenutrition.com
Name Server: NS2.EDGENUTRITION.COM
Name Server: NS1.EDGENUTRITION.COM
DNSSEC: unsigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
Last update of WHOIS database: 2014-2-17T2:00:00Z
From the Forbes article...
"Chaaban claims capital was raised from a pool of, ahem, ‘seed’ investors that includes companies that deal in alcohol and tobacco, entertainment industry players and professional sports figures. He would not provide specific names."
another retraction might be in order...
The PHOT deal did not exist prior to ARCview? Correct? Then why does he announce that they already had raised the money in December from seed investors? And again on Jan 7th but then during his most recent interviews he claims the money now came from the 25% OGI deal with PHOT...
http://blogs.windsorstar.com/2014/01/07/company-invests-12-million-to-grow-medical-marijuana-in-lakeshore/
http://www.forbes.com/sites/karstenstrauss/2013/12/30/big-marijuana-is-it-the-future/
"Chaaban claims capital was raised from a pool of, ahem, ‘seed’ investors that includes companies that deal in alcohol and tobacco, entertainment industry players and professional sports figures. He would not provide specific names. "
My ask is sitting firm at .0029 for my first 2M shares
There is no reason to believe that it is anything other than the 12B being reported yet
Just my opinion but...
I safely assume (it could be a bit more or less) that half of that 17B in volume was double sold and double bought so you'd have 8.5B shares traded...
Let's safely assume that 20% of that 17B was traded on margin without changing hands then that eliminates 3.4B shares...
approx 8.5B - approx 3.4B + approx 300M = approx 5B shares getting shifted around and the float is reported to be 4.6B
any shares of that 17B shorted? 20-30%
any shares of that 17b flipped? at least 50% overall
any shares of that 17B from shareholders from before 30B? 200 - 300M
Same as it was yesterday...and the day before...and the day before that
STBV Share Structure
Market Value1 $8,449,764 a/o Feb 26, 2014
Shares Outstanding 12,071,091,754 a/o Feb 10, 2014
Float 4,593,002,421 a/o Feb 10, 2014
Authorized Shares 100,000,000,000 a/o Feb 10, 2014
Par Value 0.001
It would depend on who bought them... if one of us bought them then yes. If they were bought to settle a deficit by a clearing house then no... This is the time when MMs balance their checkbooks... Up until now, the purchases have been been outpacing the sales. A lot of people have been playing with shares they didn't actually have.
All 293M buys recorded today were retail, including that 30M. There were 1.1B sold today and only half of that was retail so 800M shares were picked up by the institutions... Even if retail buyers aren't grabbing them now, they will be later...
The new offering accounts mathematically for a .0014 loss in share value from it's book price of .009. If this were following economic rules, we should still be trading around .0075... However, the current 93% loss in value has very little to do with loss in value and everything to do with smart buying into negative reaction.
Andy bought the shell in mid 2010 and turned it into STBV we know today from nothing... I know the shell status allowed him to be eligible for the Reg A offering but he's not eligible to buy those so how would he unload stock in the last year without notifying the SEC and shareholders when other deregistered, "non-reporting" pink sheet companies are required to?
So they aren't required to file 144's to sell stock like every other OTC? There are plenty of pinks that file...and have outrageous insider selling...
No one can say with an ounce of honesty or certainty that isn't exactly what he's done. Sold $1M worth of stock. That's 10B shares. Same as if you or I bought 10B shares for .0001. Until someone sees it documented otherwise somewhere, that's all we know that he's done.
That doesn't prove any point...it reaffirms what everyone already knows. It doesn't add anything to the equation.
"This 1-A document was filed on January 13 and it shows that STBV want to sell a mind-bending 30 billion shares of common stock in order to raise just $3 million"
That definitely doesn't say "They spent $3M on a facility in CO." It also doesn't say "We have any additional information on anything that has taken place within STBV since that Reg A was filed on Jan. 17th."
When did anyone report that the Colorado operation cost $3M? If I have 100,000 in the bank and I take out 30,000 just in case... but what I need to buy only cost me 10,000 then I can save the rest of that money for something else if I need it.
Completely different...
They aren't raising money for the company... They are selling their private shares for cash into the price per share of the company. That's what insider selling is...
It doesn't... there isn't another company I can name that was already operational and is currently in the process of opening a Mj facility in CO... none. 2 companies are trying to break into Canada's market and neither of them are there yet. That's the next closest competition.
Their last filing showed they had $2,000 left in the company and millions in debt...
Yet, the owners of HEMP have cashed in on 106M shares of stock in the last year
Form 144 Proposed Sales
Last 3 Mo - 2 Last 12 Mo - 11
28,429,993 106,110,173
What is it that HEMP does again? So far their greatest accomplishment is the announcement that they are going to publish a magazine by the 4th of July.
The only other OTC stock even rumored to have access to MJ has 200M shares and trades in the .20 range... Only problem is, it doesn't...
"We are at the early stages of a dynamic, growing industry that is poised to help hundreds of thousands of patients in the relief of their current pain and suffering. They will have a 30% ownership in the private company upon signing the Definitive Agreement which will increase to 51% by the fourth Anniversary. "
It still isn't a comparision though. And it too has fallen 50% since the announcement... Interestingly enough though, they issued $1M in warrants at .10 to raise the money too... Everyone wants to own a piece of a pot farm but no one wants to pay for it...
Why does McDonald's or Pepsi pay for commercials... Why do fashion magazines exist... Why are there ads on iHub... All the same, my friend.
Right now, we have a surplus of 324M non-dilution shares sold today, until more buy orders materialize... That more than offsets the 221.4M in bought "dilution" yesterday... in fact it offsets the shortfall for the entire week and then some...
Hmmm....
mission, ambition, attrition, commission, coalition, condition, contrition, partition... there are actually a lot lol
Indecision?
Yes, I did. But I've also seen dozens of posts of you begging them to stop dumping all of their shares and how much this company sucks and how you wish you never invested here and you really don't have much information to base any of that on by your own words...