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If you think that TXTM has taken the necessary requirements to have the CE lifted, then you are dreaming. As long as the multiple postings from Dylon last year regarding impending asset purchases and crop sales transfers go unanswered nothing will be done. Please do not say that the CE has effectively put a gag order on notifying shareholders of company progress in there regards. No one is dumb enough to believe that.
False Promotion. Now try using some common sense and stop the deception already.
Once again: "the crop harvest $$ proceeds we were promised to be transferred to TXTM (remember that lie) have never occurred." Its been a year now; supposedly they have 3-4 growth cycles per year. Using the CE as an excuse for not conducting normal business operations is counter-productive. How do you expect the CE to come off if the (false) promotion that led to the CE is never verified?
We have been scammed. Wake up to it already. I know many of you would like to get that early profit you once had back again, but deceiving everyone at this late date is not going to make it happen. Most investors have already written this one off in their minds.
Seeds are valuable when they produce crops. These seeds will just sit on the books to give disgruntled shareholders they have the illusion of assets in TXTM. In reality, the crop harvest $$ proceeds we were promised to be transferred to TXTM (remember that lie) have never occurred.
Its still $15 million dollars book value on a stagnant asset.
Its a bogus paper asset with no real use other than to look like the shareholders have something of value on the books. When is management going to share updates on the Extraction process and how it has been used in the (non-verified) crop harvests?
That would be worthwhile, not the old seed switcheroo scam (now you see them, now you don't).
One that seems to successfully continue forward.
Attempting to lift the CE and actually accomplishing it are two different things with RSAMMD.
Eventually they will give up on the OTC and go to the SA exchange where they have better clout due to Dr. J's contacts. This will leave TXTM as being unnecessary, and our shares will continue to be in Limbo until the mess is sorted out.
The seeds will never be sold, and never used. They are an empty paper asset just to calm disgruntled shareholders.
It is sitting on the books of the Quarterly Filing at $15M dollars. Not some over-inflated, best-scenario potential selling price that will not happen.
The seed value is what's listed on the books in the last quarter filing- $15M dollars. Nothing more than that until they are put to use, if ever that happens. I doubt it will; they are just there to give disgruntled shareholders a sense of stable assets, since there are no product sales at all on the books.
Dylon was publicly pumping the company using information that proved to be "premature" and never ended up happening. Was it good intentions gone bad, or just a scam?
Answer: it doesn't matter. Either way gets you banished from the OTC.
As it stands now, its pointing towards Our Management being a couple of common opportunists who got in over their heads with improper promotion. Now its up to them to prove their past claims of sales, assets, crop harvest, etc (which they appear unable to do after an entire year).
Gotta lean toward a scam until they can prove differently on the filings.
Wrong- Real reported assets and sales transferred to TXTM's balance sheet would change Wolfy's mind.
No system of checks and balances in place to ensure that TXTM shareholders are not left holding an empty bag filled with zero real assets.
It would appear some posters are using the CE to rationalize why Management has not released material information, sales figures, business developments, asset transfers, etc for TXTM. Doesn't anyone realize how counterproductive/silly this argument is?
The truth is, we've been duped.
Thanks for putting that tired old excuse of Shorty ruining TXTM to rest.
Delusional thinking. The fact is I don't like being scammed by a stinky pinky, and am speaking up about it. Who shorts stocks in the trips, anyway? Jeez, guys.
Paid bashers? More like disgruntled shareholders that realize we are not going to see what has been told to us, and are speaking up about it (albeit too late at this point).
Nice post NorthPeak22. Its all built on the premise "the bigger the lie, the more easily people will believe it". They expect a gullible public to go along, blinded by dollar signs and the fact they are "religious figures".
It sounds like Michael needs a few remedial junior college courses; seeing how badly the lifting of the CE is going.
My point is that Dr. J fancies himself as the MJ farmer's representative for South Africa, when I have never heard him utter any support whatsoever for the Boer farmers that are being exterminated and driven off their land.
Should he be leading the MJ movement?
Someone once said that every country in the world gets the government that they deserve. In many respects, South Africa is in chaos as witnessed by the white Boer farmers being driven (and murdered) off their land by extreme factions as the government stands by and does little.
You will need the weekend just to recover from the A$$-whoopin' you got hear today (insert laughter emoji).
Northpeak22, thank you for your painstaking work in uncovering this fraudulent company.
Management promising assets to TXTM from MJ crop sales and 2-3 major asset purchases that never materialized after an entire year are the reasons fro the CE label. Time to turn the page on this one.
They were converted by prior management who is no longer associated with the company. They are simply waiting for a good exit pps to move on. Nothing wrong with this scenario.
The Shell Risk designation has just been removed on the OTC.
Unfortunately, there are no material events that Management is able to share with us at this time. As Alan Chow has repeatedly told us, things will unfold in the 4th quarter. Everyone will just have to wait and use this opportunity to accumulate cheap shares.
I'm a shareholder, just like the rest of you. But I won't stick my head in the sand and ignore the magnitude of our problem.
And how do you expect the CE to be lifted when these promotional irregularities remain unanswered?
New acquisitions?? These were Dylon's tweets from over a year ago that he never made good on- nor will he.
As a quick example, just simply look at the many Dylon twitter posts regarding the "2-3 Major Assets" to be transferred over to TXTM and then look at the current filings. Nada.
All misrepresentations. Only a delusional shareholder would think differently. We know most of these people want to get their money back; but don't take advantage of it.
That is pure nonsense. Delusional posting. Just ask the shareholder who came on board due to Dylon's misrepresentation of assets & sales to be transferred to TXTM which never materialized.
Stop the lawsuit nonsense already. It's not going to happen. In fact it not even having its intended affect of putting the OTC's feet to the fire. There are so many instances of False Promotion related tweets coming from management last year that a lawsuit is out of the question; unless its a class action lawsuit from disgruntled shareholders against TXTM.
Has Dr. J and his legal team publicly stated that they will take the OTC to court if the CE is not lifted? On social media? Show us where it was posted. Don't just give us opinion.
I'm a bit confused by your post. As you say:
- "....I do believe the owners pumped the COMPANY in 2022 thru tweets that there is zero proof or follow thru. Credit Suisse, Bonds, Crypto, Naz et."
- "....if there was traceable evidence of any of those things, OR a 2.3 million pound order that can be shipped....".
Isn't this the basis for False Promotion which warrants the CE?
Parabolic, he bought the stock under false pretenses that management created.
"Don't you want to know?"
Nah, his sanitized version doesn't wash. The OTC doesn't like shareholders being deceived with false claims of sales and assets.
The reasons the CE was put on in the first place are due to the lies/false promotions to lure in shareholder purchases. The CE was was put on TXTM for not living up to what we were told. I purchased shares last year based on the distortions that Dylon was routinely tweeting. Remember the promises associated with "Don't you want to know?"
When TXTM proves their claims, the CE will be lifted. Not until.
Guys, were were promised DIRECTLY from management:
- a 2.3 M pound MJ crop sale that has never showed up in TXTM financials.
- 2-3 Major Assets to be purchased & transferred to TXTM financials.
Nothing has shown up close to a year later. Unfortunately, the CE is well deserved.