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You have no proof. All you post are hopeful obscurities.
Or wait...do you have emails???
HAHAHAHAHA
Wish I could help but I did not put that up Vintage, that was another mod.
Ask @ .082 an hour from opening bell.
Proper DD is something I do not overlook, sorry.
Want an idea of how long it might take for them to officially turn on the lights and start growing money??
Matthew Ramírez, Esq. JD, University of New Mexico School of Law. This article received the
2017 Helen S. Carter Writing Prize.
https://www.researchgate.net/publication/324181447_New_Mexico_Tribal_Cannabis_Policy_Politics_Guidance_for_Government-to-Government_Cooperation_in_State-Tribal_Cannabis_Compacting
This article is a full scale macro look into the entirety of BGG's situation in regards to tribal land and the State of New Mexico.
My very basic summary:
1) There is heavy political resistance from the New Mexico state government, unless a governor that is in favor of MJ legislation gets elected partisan cooperation on this measure is not going to happen for fear of turning New Mexico into the "new Afghanistan". Hence the reason they let SB345 & 348 die after minimal deliberations on them. Only one was actually even truly looked into.
2) The problem with issuing tribal grow operations, growers and sellers licenses is that the tribal operations would then be subject to state tax and legal regulations. Being that tribal lands are immune from state legislation currently, the state would be opening a huge can of legal worms by doing this. In order for the tribal grow operations to be integrated into the state MJ industry, both the state and the tribal leaders would need to create a tribal MJ bureau or a united tribal MJ office for all tribes in New Mexico.
The intricacies of this would be mind boggling: 1) Can the state charge tax on tribal products in the MJ industry 2) If they become a part of the NM MJ industry would they then become subject to state laws on the matter 3) in order for the tribes to join the industry their facilities would need to meet state regulations 4) Joining the MJ industry in NM would then be putting tribal land under the jurisdiction of STATE POLICE 5) The list goes on and on with these problems.
The biggest one of them all is that all tribes would need to create a united front for what they see fair in the negotiations and then go to bat with the state over them. So all the tribes would have to agree 100% over all these issues and then get the state to agree with them as well. Good. Luck. With. That.
3) I have touched on this multiple times but will say it again. The entire operation would be illegal on the basis a non-tribal entity would own and operate it. The fact that BGG is not a Native American company would make it subject to STATE AND FEDERAL LAWS. Regardless of it's location on tribal land. Not only that but it would then make any non Native American employee a criminal by doing business with them or working directly for them on this project.
I am not going to write 100+ pages on this matter but Mr. Ramirez did. Below is the citation excerpt talking specifically about the BGG/Acoma project and several reasons why it is not going to happen. My personal favorites being the whole criminal part andddd the Chinese EB-5 money.
256. But before moving on, it is worth noting and analyzing the 2017 agreement closed between the
Acoma Pueblo of New Mexico and Bright Green Group of Companies (Bright Green) for the
establishment of a $160 million and 150-acre green house and research facility for the development of
medicinal plant oil extracts, including cannabis, on tribal lands for the next twenty-five years. Susana M.
Bryan, The Largest Medical Marijuana Grow Up in U.S., Nearly 6 Million Square Feet, Breaks Ground
In New Mexico, CANNABIST (Feb. 28, 2017, 9:19 AM), http://www.thecannabist.co/2017/02/28/
commercial-marijuana-cultivation-new-mexico/74507/; Rachel Sapin, Large Medical Greenhouse on
NM Tribal Land Slated to Create Over 1,200 jobs, ALBUQUERQUE BUS. FIRST (Jan. 19 2017), http://
www.bizjournals.com/albuquerque/news/2017/01/19/large-medical-greenhouse-on-nm-tribal-land-
slated.html. Although it appears from the drastic simplification of the company’s website and URL
name-change, compare B
RIGHT GREEN GROUP OF COMPANIES, http://www.bright.green/ (last visited
Jan. 8, 2018), with BRIGHT GREEN GROUP OF COMPANIES, http://www.brightgreengroup.com/ [https://
web.archive.org/web/20170202113540/http://www.brightgreengroup.com/](archived Feb. 2, 2017), that
the recent developments in federal cannabis enforcement may have chilled the momentum behind the
Acoma Pueblo-Bright Green cannabis development project, the company and Pueblo’s agreement
illustrates a prime example of the kind of tribal grow operating in the grey area of cannabis regulation
that is likely to garner state and federal law enforcement attention, and which New Mexico tribal leaders
should avoid establishing on their lands.
The Delaware-based Bright Green was funded by 125 international investors, primarily Chinese, who
purchased shares in quantities of $800,000 per investor in the company. Bright Green had attracted
international investment largely through its touting of the United States Citizenship and Immigration
Service’s (USCIS) EB-5 Immigrant Investor Program, under which entrepreneurs are provided a route to requiring a green card by investing in a U.S.-based business venture at least $500,000 with a plan to
create at least ten jobs in the United States. Marie C. Baca, Acoma, Company Announce Massive
Greenhouse Operation, ALBUQUERQUE J. (Oct. 6, 2017), https://www.abqjournal.com/861776/acoma-
company-announce-massive-operation.html. The operation would have included a 118-acre fully
automated greenhouse, a 900,000-square-foot manufacturing warehouse, a 96,000-square foot research
center, and a 12-megawatt power generation system. Sapin, supra. The construction of the Bright Green
facilities was forecasted to create over 1,200 jobs and employ about 250 people to tend plants, conduct
research, and develop products. Id. Bright Green also actively accepted resumes from the public for
employment opportunities in its facilities. Id.; Employment, BRIGHT GREEN GROUP OF CO.’S (last
visited Mar. 17, 2017), http://www.brightgreengroup.com/. And, although not explicitly stated on its
website, there is no indication that sale of Bright Green’s medicinal cannabis oils would have been be
limited to within the tribe. See id. Rather, based on the size of the operation, personnel, and mission to
provide customers with the purest and most consistent plant oil extracts in the industry, all indications
were that Bright Green’s commercial ambitions are likely national or worldwide. And even though
Bright Green was expected to be able to produce four times as much cannabis as is cultivated through
New Mexico’s entire medical cannabis program, the joint venture did not plan on pursuing a license
from the state to grow in compliance with New Mexico’s medical cannabis laws and regulations. Bryan,
supra.
Applying the Wilkinson Memo, conclusions drawn from the case law concerning the central Indian
cannabis law issues, and Sessions’ deterrence-based marijuana enforcement policy, leads to the
following analysis. First, pursuant to the Wilkinson Memo, a large cannabis grow in a 118-acre
greenhouse, the extracts from which are being sold in interstate and potentially international commerce
is likely to trigger the federal prosecutorial priority of “preventing the diversion of marijuana from states
where it is legal under state law in some forms to other states.” Second, under United States v. Langford,
641 F.3d 1195 (10th Cir. 2011), and People v. Collins, 826 N.W.2d 175 (Mich. App. 2012), of the
company’s projected 250 employees and management-level officers, all non-Indians will fall within the
criminal jurisdiction and police power of the State of New Mexico for all activities and business in
violation of the state’s cannabis laws under the theory such activities are victimless crimes.
Additionally, because recreational and commercial cannabis operations are still unlawful and
unregulated in New Mexico, the civil/regulatory test of California v. Cabazon Band of Mission Indians,
480 U.S. 202 (1987), will provide no protection to the Acoma-Bright Green joint venture from the
state’s assertion of its criminal/prohibitory laws on Pueblo lands insofar as the company’s cannabis
enterprise will not fall under the umbrella of a medical cannabis program similar to the state’s program
through DOH. Third, assuming the state permits the Acoma-Bright Green joint venture to operate, the
state’s interest in regulating products being sold in and transported through and from New Mexico is
likely sufficient to permit it to levy taxes on the enterprise’s transactions under Coleville. Fourth, and in
the event litigation arises against the Acoma Pueblo or Bright Green by a state or the federal
government based on their conduct concerning their medicinal plant oil extraction enterprise, because
certain officers and shareholders of the joint venture are non-Indian, the company is not wholly owned
by the Pueblo, precluding the company from being able to claim sovereign immunity as a defense to a
civil suit under Michigan v. Bay Mills Indian Cmty., 134 S.Ct. 2024 (2014). And its contracts with
private third parties may be found void as a matter of public policy should courts follow the court’s
approach in Hammer v. Today’s Health Care II, Nos. CV 2011-051310, CV 2011-051311 (Ariz. Super.
Ct. Apr. 17, 2012), 2012 WL 12874349. Finally, based on the Acoma Pueblo-Bright Green venture’s
stated plan to neither pursue permission from the state of New Mexico to conduct its massive cannabis
grow nor comply with established New Mexico medical cannabis laws and regulations, the operation
would likely be a large target for a federal enforcement to deter tribes from establishing cannabis
programs or businesses that go beyond the scope of state law. Considered together, the Acoma-Bright
Green joint venture presents a very high risk to the Pueblo and Delaware company of being: raided by
federal or state police authorities, taxed heavily by the state of New Mexico, vulnerable to civil liability,
and having its contracts found to violate public policy.
Unfortunately not, Grants is about a 15 hour drive for me.
How far of a drive would that be for you?
Can someone put the emails back up on the intro please?
I need a screenshot of them, for... legal reasons.
"once federal prohibition is lifted"
Did you miss that part?
This is the most current news clipping https://www.wikileaf.com/thestash/largest-cannabis-grow/
This is not a round of fake emails or phone calls, this is third party proof this is not going to happen anytime soon.
Bright Green Group does not have a working website. A company with a $200 million dollar company does not have a working website?
Bright Green Group doesn't have a working website... yet they can email select people??
Seems pretty fishy to me...
So do you have a working link to a BGG website?
No, I post facts. You and the other attack anyone with a different opinion than yours.
Do you have a link to a working BGG website?
"I would not be surprised to find out that $GNCC is going to be one of those 'for the books stocks'. Take it or leave it has brought up one useful point. Things have changed. For the better. The TIME is now. Jeff Sessions is resigned. Pot is being legalized across the country. There is no better time than now. If you've ever been so close to money that you can smell it."
Seems like you are saying "buy" to me.
All this hopeful speculation and no facts being posted...
"I spoke with"
"I emailed with"
Facts are facts. Speculation does not equal fact.
I have posted and will continue to post the facts for people to read, I let people decide on their own.
Those contracts only exist in the news clippings by the way, none of this has ever been publicly disclosed by the company other than through news outlets.
The Acoma one is probably legit, especially with the pictures from signing day.
But the Dalsem one for sure had EB-5 wording in it.....
Your entire post is based on 2 year old news clippings and a single email from an anonymous user.
This is the most recent news clipping, did you notice the part that said "if federal prohibition is lifted"
https://www.wikileaf.com/thestash/largest-cannabis-grow/
That is from this year. What do you have other than the emails?
All moderators have the option to change the IBOX as they see fit, I posted the facts available to investors from a neutral standpoint.
You can put whatever you like in the IBOX bullion, just please don't delete what I put as it is in fact, the truth.
Ok here is the truth:
Bright Green came out swinging 2 years ago claiming that they were going to build the largest marijuana grow operation in the United States. They believed that they could open this operation on Native American tribal lands and therefore would not be subject to state and federal regulations/laws. They were very wrong. New Mexico requires a grow license AND a sellers license in order to grow/sell medical and recreational marijuana in their state, neither of which GNCC or BGG possess at this time (they could still sell it on the tribal land as long as it isn't taken off that same land).
Their initial $200 million dollar project, mathematically was only going to be profitable if they were able to transport the product over state lines. The 40 million plants they planned on growing would have been 4x the amount that New Mexico's entire MJ market currently consumes (all of this is public information, just do the math yourself).
Currently federal law prohibits transportation of MJ over state lines, even if both states have decriminalized it.
On top of all this BGG had planned on Dalsem building their new facility and renovating the current one. Amazing as this sounds a project this technologically advanced would require them using foreign and non-Indian employees which is illegal per federal law through Bureau of Indian Affairs. Not putting the Native Americans down but Dalsem is known to be the world's best commercial greenhouse builder and therefore would require their specialized engineers and scientists on the ground in some form or another.
BGG had also planned on using EB-5 money through Chinese investors to fund the entire project. The EB-5 program is in the congressional crosshairs at the moment as it is riddled with scams and fraud. Add in the fact that BGG would be stepping on the toes of state and federal authorities by building and operating this facility, it would be next to impossible to get approval for this.
So that is more than likely the reason why the company has been dark for more than 2 years now. According to all the initial company disclosures they should have plants growing in a renovated facility by now. Actually by the end of 2017 beginning of 2018. Judging by the pictures posted on this board by members, this is still years away from completion.
So here is where we stand as investors:
1) BGG and GNCC have not merged, although the New Mexico SOS shows GNCC with trail of evidence to BGG.
2) BGG does not have a working website and will not return emails from investors. (some claim to have received return correspondence but I personally have not. I have emailed all of the Stockwells and even tried to contact their lawyer who's info is in a post on this board from the beginning of 2018, to no avail)( I did receive a return email from Dalsem who said they could not talk about the project at this time)
3) According to the pictures the project does have some repairs being done but no where near the $200 million project that was initially described. Their initial plan called for renovations to the current facility, AND a brand new one across the street which shows no signs of being started on.
4) BGG has not put out any press releases about this project or even commented on it to a news outlet in years. It has however been confirmed that the BGG owns the greenhouse in the pictures.
This is what can be seen from an investor's standpoint, and though it does not paint a pretty picture I personally started buying shares after the pictures of renovations were posted. Just from a basic operational standpoint, the moment I saw the loading dock being upgraded I knew this project was still on in some fashion.
Take from this what you will, but do not buy or sell based on my postings.
If you actually read it from a non-hostile standpoint none of that is discrediting anything that is going on.
Both GNCC and BGG are dark. There is no refuting that whatsoever. I have emailed every last person that you show to have emailed with no response from multiple email addresses. This email business is dead and over. The company will come out of the dark when it is ready, you need to come to terms with that.
Pictures show minimal repairs at best. If my calendar is correct winter is approaching. It does in fact snow heavy amounts in the northern part of New Mexico.
You have 0 proof that the $200 million dollar project is still underway, the amount of repairs taking place in the pictures is less than 100K and that is being generous.
We can go round and round but the bottom line is that both companies have not merged yet, are still dark, and have not updated ALL investors to any and all of their plans.
If you have a problem with the IBOX take it up with the admins.
All I did was post the current truth.
Any bets on the merger candidate?
Tick tock tick tock
Stebra has so told so many blatant lies to share holders. So many failed promises.
But my personal favorite, the drunken twitter rants. Along with all the other scam tactics he has been using that is a huge red flag for a regulatory body.
So he not only lies to investors but bullies and verbally threatens them as well.
Good look for ONCI moving foward....LOL
I agree with your entire post, I'm just taking Doug's word over his for now. Doug all but outright said they are lean enough and have enough cash to make it until this deal is done.
Should they need to issue a few shares so be it, it wouldn't be enough to do any real damaged to the pps imo.
Whoever keeps trying to get in at .04 is behind the curve. This is going up, not down. Get it now or start chasing.
That's a pretty bold statement, I sure hope you have credible proof that is going to happen. Otherwise that is an intentionally false statement you made.
Still no Audit, name change, share reduction, Delware debt update, or credible filings to prove revenue actually exists.
This company literally only exists on IHUB.
Tick tock tick tock Stebra
Still no Audit, name change, share reduction or news disseminated through a medium other than twitter?
Ok I'll check back tomorrow...
LOL
The facility was never repaired after the fire that took it out of operation originally. From the pictures, I see they are enclosing the material storage area and making the loading dock operational.
Both of which are excellent signs that they have plans for the FUTURE.
So we have an accumulation of materials and they are making an effort to protect them from the elements of the upcoming winter.
I expect minimal repairs to take place over the winter (small electrical repairs at most) but I would expect them to hit the ground running when the snow thaws, next year.
L2 this morning shows a concentrated effort from multiple brokers to bring the price down. Fake sellers going in 10k increments when the real ask is well above .05
Last bit of loading taking place right now.
These next few weeks should be quite interesting!
I'm sorry, have we met before?
I can't wait to see what company is going to takeover this shell.
If this has anything to do with CBD or THC I'll cash in some retirement to buy some more!
Steve Berman is a liar and scam artist.
He has not delivered on one single promise or statement.
No Audit
No Mega private deal
No share reduction
No Delaware update
No Redomicile
The list goes on and on
https://www.otcmarkets.com/stock/RGLG/overview
Stop sign changed to yield!
58,816,666 shares currently issued.
13,387,300 (22.7%) owned by one investor.
I was watching 3 separate L2's this morning and there were some very interesting trades. As of right now 3 brokers show 3 different share volumes for today.
How disgusting it is that someone keeps pumping this scam. This will be shut down. And people will go to jail, including the main scam artist/manbaby Steve Berman.
Every last thing Steve and his mouthpiece say are lies, back in meetings with "Ford", meetings before contracts, blah blah blah.
Broken record that has been playing for 2 years now.
It was about this time, maybe a bit sooner last year that Ford was being pumped as well! So that makes it a cyclical broken record.
Seriously anyone who buys this steaming pile deserves to lose their money, it's not even worth channel trading with the imminent trips drop coming.
Just as he said, filings are coming in!
New traders falling for the same old scams, you should really research what a "pump and dump" is. One look at the chart and it's a dead giveaway.
Almost 5 billion shares
Lying CEO
Product is antiquated
Revenues and allllll filings are pathetically faked
No Audit
Dilution dilution dilution
I have the facts on my side, what do you have??
0 shares traded today so far.
Not even a paint job??
:(
There is no need to yell.
Nothing is in place, the only thing that will happen in the next few years is the merger.
You need to come to terms with that.
I find it laughable you keep making this about me. Just like you, I am waiting on an update for the shareholders, from BGG. Until then, you are wrong in believing this dark, non-current company will take you to the moon. I guess the first step for BGG would to make a working website....
Fun Fact: There's no oxygen for your "smoke" to burn in the vacuum of space, or on the surface of the moon.