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I don't think the numbers have anything to do with it
this was setup a year ago with all the bs companies they were buying
numbers don't matter - they will make millions off this reverse split and retail will be shorted to oblivion as no one will take this company seriously
waits for all the cheering about going to the Nasdaq
hurry as I want to lmao
so obvious what they are doing - I mentioned it not to long ago - it is the most logical explanation there is
2+2=4 if you know what you are looking for
love it - I love this stock
300:1 will hurt but not as much when it gets shorted down to zero lol
this thing will be shorted down to subpenny and than a rinse and repeat
look at VAPE
the power of REDWOOD BABY!!!!
new fake news is safe banking law
CANB a dilution machine that doesn't even need a bank is now going to benefit from the safe banking law
combine this with the FDA and what do you get?
2x the bs fake news
CANB has redwood - that is all they need
going below subpenny
DUMB money continues to buy and the paper losses just keep mounting - no one has the details on the 4m placement - they will not lose they never do
wait til all the paper losses turn to realized losses when retail finally figures out that this is a scam company
insiders will dump as well - and it will turn into a picture perfect executed excellently REDWOOD management play
VAPE, NGBL - latest examples of this text book scam play
CANB is a SCAM company, which a three year old could see.
1.5 billion authorized
3 classes of shares
insiders buying their own companies with no benefits
HUGE losses
daily dilution
inferior products
fake pr's regarding equipment and vending machines, ISBG
ceo is a busted scam artist
ceo talks to individual shareholders providing info
zero transparency
financials make zero sense
accumulated deficit is impressive to get so large in such a short period of time
IR firm worked for scam companies only
Duramed website is a joke -
and that's not even going into the details - such as busted scamming former BOD's which are allowed back, REDWOOD, Webster, shi farms, rinse and repeat strategy of wrapmail, pumping Nasdaq listing, top management has zero experience to running a company, etc etc etc
think for yourselves
going below .01
pretty sad reasoning on why to like CANB - most of it is smoke and mirrors
1.5 billion authorized is more concrete
busted scam ceo and scam director - more concrete
false pr's - more concrete
I could keep going and going
SAMs units? I wish someone would explain why this is considered a positive
the working capital is suicide - how much cash is spent upfront and when do we receive cash from the rentals? how many months apart is that and the amounts?
the above based on the creative numbers in the financials seem to be going in the wrong direction as well - which makes SAMs more of a disaster as time goes on
additionally,
where are the sams units on the march 31st cash flow statement?
and secondly, how is it possible that so much revenue was recorded in the first quarter - impossible if you speak with anyone familiar with how the business works
just sayin
I also expect the company to pump this hard fairly soon - opiod will be used in my opinion, but in the end the numbers are creative at best and will eventually be corrected showing the true results
shi farms - info that matters
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152281880
the power of redwood- VAPE and CANB next
but yeah CANB is now fully vertical lol
Instagram pics are the latest craze that penny stock scams use
CANB will make WRAPMAIL look great again
we are halfway thru November with October passing with ZERO happening to CANB with the exception of a declining share price
what happened? CANB is uniquely positioned, no other company on the planet has a strategy in place that will allow it to have a monopoly on the FDA
decision
can it be that the above is simply not true - as in nothing posted about canb being the one and only is true?
which would someone with common sense believe, - CANB the scam company is positioned to have a monopoly on the market thanks to a FDA decision
or
it has 1.5 billion outstanding with insiders being busted scam artists and will eventually end with a no bid making retail lose a lot of money
THINK
how many times have we heard about million plus bids
one post had such confidence in a 3m bid
we are much lower since than, guess when an obvious scam company has nothing to offer, fake news must be posted
bids don't matter if the price action doesn't reflect it
THINK - CANB will make WRAPMAIL look great again
no
if a company you never heard of, had 1.5 billion authorized, outstanding of over 700, a massive deficit and constant dilution that was trading at less than 2 cents
would you think its a scam if they tried to make it seem like they will be uplisting to the Nasdaq ?
only one answer is possible as human logic will not allow a YES
so with the answer NO
ask yourself, if its possible for the same company to be the only one on the planet, to benefit from a future FDA decision - as all other companies can not see the genious of the CANB strategy
just like they couldn't see the genious of wrapmail
THINK for yourself - REDWOOD will make CANB WRAPMAIL again
CANB is a SCAM company, which a three year old could see.
1.5 billion authorized
3 classes of shares
insiders buying their own companies with no benefits
HUGE losses
daily dilution
inferior products
fake pr's regarding equipment and vending machines, ISBG
ceo is a busted scam artist
ceo talks to individual shareholders providing info
zero transparency
financials make zero sense
accumulated deficit is impressive to get so large in such a short period of time
IR firm worked for scam companies only
Duramed website is a joke -
and that's not even going into the details - such as busted scamming former BOD's which are allowed back, REDWOOD, Webster, shi farms, rinse and repeat strategy of wrapmail, pumping Nasdaq listing, top management has zero experience to running a company, etc etc etc
think for yourselves
going below .01
DUMB money continues to buy and the paper losses just keep mounting - no one has the details on the 4m placement - they will not lose they never do
wait til all the paper losses turn to realized losses when retail finally figures out that this is a scam company
insiders will dump as well - and it will turn into a picture perfect executed excellently REDWOOD management play
VAPE, NGBL - latest examples of this text book scam play
I already posted with links about how redwood controls canb
if you have never come across the company before you haven't looked
our multiple busted scam puppet of a ceo dances to how they want
thus the shi farms info a year prior to that 500k steal they did
REDWOOD BABY!!!
bid is repopulated again - damn remember last time that happened lol
going way below .01 - GUARANTEED
he is one of the good guys when compared to the others
redwood runs this show and if they want him back - he is back - simple as that
to see what these guys do 24/7 for the past 20 years just look at our partner shi farms - NGBL
dilley is the least of your worries
see you below .01
when he got 'suspended" I posted he is an angel compared to the others involved with this stock
he has been around since before wrapmail with these guys
Go FDA :)
it is mind boggling to me how some refuse to see how a deficit of 21 million is not a scam
there are pharma companies trying to find the cure for cancer which don't have that much of a deficit in the same time period lol
21 million and what do the shareholders really own - used equipment that is obviously not being put to use?
thus the focus on the fabricated FDA scenario
thus the focus on the impossible Nasdaq listing
thus the focus on sector charts
thus the focus on repopulating bids lol
thus the focus on doctors who are paid to promote canb
and my favorite - the focus on what smart money is doing - all time high market records and CANB near 52 week low - pure genious if you ask me
scam company run by a busted scammer puppet
REDWOOD BABY!!!!
the post failed to mention that they had to spend almost double to generate those revenue numbers. In addition, the sams revenue decreased 2nd quarter vs 1st quarter, if you just prorate it and they are taking on more inventory than necessary
financials don't show how the determined gross margin on SAMs given they are recorded as PPE - which a first year accounting student would know is just silly
assuming they have a 60 day AR - which I doubt but.....- that means they are in peril in terms of working capital, I predicted the Authorized would need to increase months before it did with pretty good accuracy in terms of when it will happen - working capital suicide
no link just a little logic and understanding the numbers, which their 1st quarter rev is pure fiction
and shi farms is part of a bankrupt proven busted scam holding company based on the latest filings - it is controlled by redwood where it is very well documented that they bring otc companies to a zero bid - NGBL and VAPE will soon be added to the list
CANB will follow - GUARANTEED
remember when posts were written that we don't have a scam ceo
simple search revealed the truth just like a simple truth will reveal redwood
definitely not taken ut of context
back during the CBD beverage craze, CANB announced a deal with some other otc company - deal fell thru and not a peeep from CANB - you would think that after three months they would mention something about this - ZILCH
in terms of the PR - I just don't believe that based on feedback, customers were wanting vending machines lol - so yes, if you have doubts about the company - it does look like a stunt
and given you can't prove that it isn't - makes it more likely that it is - its pennystock land - ethics isn't exactly mandatory
finally, given ngbl pulled the same stunt - and CANB is related to ngbl - it makes the stunt fairly obvious - if you are looking for such things
no you are wrong on that one - look at the 2008 crisis - there was over a trillion dollars spent on mortgage backed securities that were worth ZERO
one guy went to jail lol - just one
I consider it stealing yes - but no court would consider it stealing - I wouldn't even have a case
doubt it - but i also don't care as it doesn't matter how we are being scammed just as long as you know that you are being scammed
I do think the doctors get some type of kickback ( legal ) for SAMs and other product sales
no that post is inaccurate
painted close - bid was hit more than ask from when I watched
when you are close to a 52 week low - its not a sideways channel
going lower - much lower
did you read the agreement? where did I state anything about a legal line?
I am just saying its bullshit to pay a holding company that was busted for fraud which have insiders any money
you are completely misinterpreting what I am writing
and I think that's the problem as most only look at the shares - they never look at who really controls the company and what they do
you can't do anything as the company will enter into any transaction it wants basically
and with the share structure of CANB - its not really a public company but more of a private one as a few dictate the terms
my whole point about the 500k - is there are different ways to skin a cat than just dumping shares
and in terms if its a real benefit or not - that is an opinion - most however have an opinion without reading the agreement or just go with what the company says about how great this is
I disagree completely - there is no current market but that doesn't mean they can't make a market subpenny - happens all the time - all the time
retail doesn't dictate when its time for this thing to trade a few hundred million shares
look at who their so called IR guy is - a pro and has worked closely with redwood, his client list is a who's who of dumping shares - promo king
shi farms just received 500k from CANB and a bunch of shares - no market was created, not even close to a meaningful share price lol but yet the money was taken from shareholders and given to redwood
millions were "taken" from shareholders during 2019 and transferred to insiders in terms of rent, salaries, consulting, bonuses, etc etc etc
shares and pps is just one way - they did promo's when they dumped way back in 2018 - a few times - they will do it again and again and again
i think that is the wrong question as my answer would be - who cares - good thing he left
the real question why was he hired in the first place? he had zero experience, I mean he had zero business experience
Personally, I think he left because he had nothing to do - maybe after looking around a bit - he decided I am not signing any filings
the home depot guy probably left for the same reason - quickly realized that this isn't a real company but a frickin mess
marco doesn't want to sign filings - and what does he do 8 hours a day that the coo couldn't do
scam companies try to buy credibility - the senator was the first red flag
furthermore, look at pureleaf - it was some super small reseller of products of which some happen to be CBD - doubt they were doing very well as the two guys had other jobs
they were insiders - got a nice salary - shares to dump and are in great shape
they used the exact same strategy as marco did in wrapmail when he was buying his own POS companies that weren't worth anything
than they did the same thing with the spa stuff
duramed - again same stuff - business was crap as they were looking for funding and couldn't even raise 50k. the one guy knew the insiders of CANB and duramed was created
not sure they care about dumping more as they were already paid
just my opinion but with logic
what would you rather do
not be able to dump a million shares or be able to dump 10's of millions?
price doesn't matter - they will get paid - some more than others but as with all penny stock scams - the insiders will be happy at the end and move on to the next one
look at shi farms and ngbl - 10 billion outstanding and basically a no bid but yet redwood controls everything while they were dumping - shareholders own the shell but the shell doesn't own anything as it is all redwoods lol - classic
its not always about the shares and their pps
CANB doesn't have much - some old used equipment so they can't do what they did to VAPE - my opinion - but they can control all and dump and that is what they will do as they all do - the Nasdaq bs has some potential for a reverse split and short for insiders but theyneed more sheeple and a different angle
look at all the former redwood no bid companies - they made millions and millions and than made more and after that made even more
my opinion and sticking with it because it is text book simplicity - the beauty of redwood
which is more important - getting an answer to why our spa line website isn't even an ecommerce site and how do they fit our strategy and why did we buy them?
or
posting opinions on the FDA and how CANB is in the drivers seat of the entire CBD industry because we can pour common chemicals into a purchased product and call it nano?
this is pennystock land where the scammers and promoters are worse than the scum of the earth
common sense goes a long way
REDWOOD BABY!@!
approximately 1 year ago I asked what did we get when we bought pureleaf or whatever name it was called - no one could answer
I brought up the issue of the purchase date being December 28 - which screwed the shareholders and gave insiders a ton of shares
all we know is:
pureleaf was run by insiders - based on the filings it didn't sell much - but yet controlled the property which we purchased - weird
it had zero assets - worthless stuff
immediately after buying pureleaf we changed the brand name and changed the entire strategy of the company lol but kept the same insiders as management - why buy it than ? and the current website is all we know of the company
we purchased machines to make something but what do they actually make or mix? thus far only information is about one client for a couple of pallets of some product
where are the tablets? everyone smirks at this question but it is a very very valid question
scam company run by a puppet scam ceo or whatever his title is nowadays
don't forget that in less than 2 months - one more round of preferred shares converted to common will occur as the annual compensation package for those awesome websites and management skills we bought
I think it comes out to 60 million shares in total - could be 48 million
but whats a few million amongst friends
those will be dumped first as they don't have a convertible as with the salaries
lets play spot the pattern:
redwood controls CANB - that is a fact - a little searching provides 100% proof
redwood controls shi farms - shi farms based on filings is owned by ngbl - ngbl is currently trading at the lowest bid with no volume and 10 billion shares outstanding
redwood controls VAPE - VAPE will be where CANB gets its vaping products - VAPE is currently trading sub sub sub penney and has a 404 error on the otc website lol
this is all relevant to CANB - look at all the other companies that redwood brought to a no bid
its coming to CANB - slap that ask
REDWOOD BABY!!!!!!
not what was written but let me clarify
I have said that it is very rare in pennystock land for so called accredited investors to lose money
I also said that if these accredited investors have something to do with the insiders - they will not lose money
finally I have stated that I have not seen any details with the exception of the generalities provided by the company in terms of the 4 million
devil is in the details
getting old correcting all these posts that are a response to mine
so did you finish counting the months in the first quarter yet?
this should be a sticky for all posters who have been around for awhile
redwood of CANB fame is part of VAPE as well - things are becoming crystal clear as to who is who
VAPE is subpenny as is ngbl - both are redwood
I bet with 10 more min I could find others in the CBD MJ industry controlled by redwood
this is important as we need to understand who are insiders and partners really are
going below .01 - just like all the rest