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CBD Of Denver Provides Update on Its Growing Acquisition Pipeline
Denver, Colorado--(Newsfile Corp. - August 31, 2021) - CBD of Denver, Inc. (OTC Pink: CBDD), a full-line CBD and hemp oil company and a producer and distributor of cannabis and CBD products in Switzerland and Europe, is pleased to give an update on its planned acquisitions:
As announced earlier this year, CBD of Denver is planning to make further acquisitions in Switzerland and Europe. The Company has considered approximately 10 potential targets in recent months and began the due diligence process for one in June 2021. Through this process it became apparent that this company's originally communicated figures were incorrect and that it was significantly indebted. Due to these facts, the due diligence process was aborted by CBD of Denver. This target company has since fallen into liquidation and CBD of Denver remains interested in certain assets of the organization, and we are pursuing the liquidation process of this company in order to buy out specific assets if available.
In mid-July 2021, we started the due diligence process for a second company that would be an optimal addition to our group. The current findings confirm this assumption and also the figures of this company correspond to the originally communicated values according to the current state of knowledge. We will complete our due diligence process in the coming weeks and have started the negotiation process with the owner about a possible takeover and the appropriate conditions.
In addition, we currently have two other companies that have been identified as interesting takeover candidates in our general review and we expect to start the due diligence process and an in-depth review of these companies in the coming weeks.
"The cannabis market in Europe is currently in a state of flux," states Marcel Gamma, CEO CBD of Denver. "We see new interesting opportunities and acquisition candidates every week, which we are seriously evaluating and questioning in detail the benefits as a complement to our group. We continue to pursue the strategy of accretive acquisitions to create the highest possible value for the company, our investors and shareholders in the medium and long term."
Follow CBDD on Instagram: @CBDofDenver_Inc @Rockflowr @RockflowrRetail
CBD of Denver, Inc., Rockflowr GmbH and Swiss Industry Ventures AG are now also on LinkedIn.
About CBD of Denver, Inc.
CBD of Denver, Inc. (OTC Pink: CBDD) a full-line CBD and Hemp oil company ("CBDD") and a producer and distributor of Cannabis and CBD products in Switzerland and Europe. CBDD is focused on using equity to acquire profitable Swiss assets at attractive valuations to create value for all our shareholders driven by a passion to improve lives and strengthen communities by unleashing the full potential of cannabis.
Through our brand Rockflowr and BlackPearlCBD we reach our consumers and have built up a strong customer base by focusing on top quality products and meaningful customer relationships.
Black Pearl CBD has 0% THC but is not an Isolate where the THC is stripped from the product rendering it ineffective. We use a proprietary technique adding terpenes as the activation ingredient, resulting in a product that is the finest in the industry and only available at www.cbdofdenver.com.
Information contained herein includes forward-looking statements. These statements relate to future events or future financial performance, involving known and unknown risks and you should not place undue reliance on these statements. Any forward-looking statement reflects our current views with respect to future events. We assume no obligation publicly about update or revise these forward-looking statements for any reason.
Contacts:
Marcel Gamma
marcel@cbdofdenver.com
Todd McKnight
RedChip Companies
1-800-733-2447
todd@redchip.com
You mean the 22+ million volume for the day? Yeah, that is nothing… the best is yet to come.
#CBDD
That’s my personal gain for today!
Up 16.50% and that’s nothing compared to what’s coming!!
#CBDD
Negative quota fill is my guess.
#CBDD
Seriously? You’re about 6-hours too late when MauiJoe posted the GOOD NEWS! What exactly is bad in this news article? You obviously don’t read the articles or the posts on this board! You just fill your quota of negativity and move on.
#CBDD
Why are you here if this is a scam? Oh… because it’s not. Try not to worry about what we do with our money, it shouldn’t be a concern to you. Put up or shut up is my motto…
#CBDD
I’m all in, this is my only cannabis stock on the OTC market worth even diving into. I have a couple more on the major exchange, but I’ve been here awhile and there has been nothing but good news with this company every month, every quarter and every year!
Audits or no audits, this company is a winner doing everything right IMO.
#CBDD
This thing barely has to move for me to make bank. Imagine when it springs back up to .03 and beyond!!
#CBDD
Shhhhhh… loading quietly before the storm.
#CBDD
Denver, Colorado--(Newsfile Corp. - August 30, 2021) - CBD of Denver, Inc. (OTC Pink: CBDD), a full-line CBD and hemp oil company and a producer and distributor of cannabis and CBD products in Switzerland and Europe, is pleased to give an update on its US audit.
As announced earlier this year, CBD of Denver engaged FRUCI Associates to fulfil the US audit for the Company to become a fully reporting company according to SEC guidelines. The Company has received feedback from FRUCI that the audit team has finished their work and as of now it is - according to FRUCI's lead auditor of CBD of Denver - anticipated that there are no changes on the financials reported. The reports prepared by the audit team will now go through FRUCI quality control, and we expect the final reports distributed very soon.
Additionally, the Company already began preparing its Form-10 filing in parallel together with its corporate counsel to expedite the filing with the SEC as soon as the financial figures are finalized.
"We appreciate the support and patience from our investors and shareholders," states Marcel Gamma, CEO of CBD of Denver. "Although this process has unexpectedly been delayed several times, we are happy that we will hopefully be able to complete this process very soon, confirming the trust and support of our shareholders in CBD of Denver."
Follow CBDD on Instagram: @CBDofDenver_Inc @Rockflowr @RockflowrRetail
CBD of Denver, Inc., Rockflowr GmbH and Swiss Industry Ventures AG are now also on LinkedIn.
About CBD of Denver, Inc.
CBD of Denver, Inc. (OTC Pink: CBDD) a full-line CBD and Hemp oil company ("CBDD") and a producer and distributor of Cannabis and CBD products in Switzerland and Europe. CBDD is focused on using equity to acquire profitable Swiss assets at attractive valuations to create value for all our shareholders driven by a passion to improve lives and strengthen communities by unleashing the full potential of cannabis.
Through our brand Rockflowr and BlackPearlCBD we reach our consumers and have built up a strong customer base by focusing on top quality products and meaningful customer relationships.
Black Pearl CBD has 0% THC but is not an Isolate where the THC is stripped from the product rendering it ineffective. We use a proprietary technique adding terpenes as the activation ingredient, resulting in a product that is the finest in the industry and only available at www.cbdofdenver.com.
Information contained herein includes forward-looking statements. These statements relate to future events or future financial performance, involving known and unknown risks and you should not place undue reliance on these statements. Any forward-looking statement reflects our current views with respect to future events. We assume no obligation publicly about update or revise these forward-looking statements for any reason.
Contacts:
Marcel Gamma
marcel@cbdofdenver.com
Wow… Soapy Bubble and Renee on this board. Now I know I’m doomed getting into this stock, lol.
#AQN
Haha… really? Prove that I’m buying and holding? All you have to do is review all my comments on CBDD to know I want the company to succeed… while you on the other hand post lies that can be easily backed up with a filing if the company is dumping. While the MM’s play their games with the stock and PB’s fill this board with doubt.
I just sat at .0074 offering to buy up more ALL DAY but no one wanted to sell me more shares.
#CBDD
That is a lie on this board, you really should be banned. Can you post the filing that the company is selling please?
If anything, MM’s are selling to each other to shake the tree, don’t fall for it.
#CBDD
Well said, that’s exactly my sentiment on this stock.
#CBDD
Anyone else get the feeling that this stair step upwards is just going to take off when we least expect it? I’m good with this gradual climb, no complaints here.
#CBDD
LOL… starting to uncover what exactly? You haven’t provided any facts, just a bunch of hot air. But you keep it up cause if it dips again, I’ll just keep backing up the truck and loading!
#CBDD
I’ll take that GREEN closing!!
#CBDD
Answer this… if that worries you then what are you doing in penny land? This is the home of corruption companies, MMS and HF’s. There is no accountability until audit and uplisting is complete. Patience grasshopper.
#CBDD
Oh it’s going to happen, I buy on bull traps!
#AMC
CBD of Denver expands footprint in Europe and abroad
Aug. 19, 2021 9:47 AM ETCBD of Denver Inc. (CBDD)By: Manshi Mamtora, CFA
CBD of Denver (OTCPK:CBDD +1.4%) expands its market footprint through retail partnerships.
The presence is continuously expanded through CBD of Denver's sales force with the target of reaching more than 150 shops by the end of 2021.
Company's current sales volume in this business segment is between 150-200 kg per week, generating strong profit margin.
This is the email I posted on Aug. 2nd in which Marcel had responded to me:
Good Morning “——“
Thank you for your message and we appreciate your open and direct feedback.
We can understand your frustration about the current situation and feel the same way, because the management team and the employees have continuously done a good job and this work is not rewarded accordingly by the market if you look at the current share price.
All communication regarding the audit was coordinated with the auditor, but due to the complexity of the company structure in Switzerland and Europe and due to unplanned additional work for the translation of all documents, the audit was unexpectedly and unplanned prolonged. We always tried to inform adequately due to the demand of investors and shareholders.
We will continue to pursue the implementation of the strategy we have communicated in a targeted and consistent manner and do everything in our power to create added value for the company and its shareholders.
We thank you for your trust as an investor and shareholder in the company and hope that we can continue to count on your support as a valued shareholder.
Kind regards,
Marcel
I wrote to him and he responded, and I also posted it to these boards.
#CBDD
I’m going to stop responding to you as you are either a PB or you have no clue how the market works. Nobody sells on great revenues MONTH AFTER MONTH and quarterly filings that show the company’s growth. Besides, penny land isn’t for long term holding. Position yourself NOW for the next run up!
#CBDD
Nope! No CEO controls the market, period!! The only way the price drop is on the CEO is if he is selling his shares, and that cannot be hidden from us as a filing must then be submitted. So until that time, have some cheese to go with that whine.
#CBDD
CEO’s can’t control the dumping of synthetic shares that the HF’s and MM’s participate in. That’s called market corruption and if you don’t know that by now, you have no business on the OTC market. How is playing the blame game on a public discussion board helping your investment?
I don’t care how low this goes, I’ll back up the truck and load, as revenues paint a success story for the company, regardless of what the share price is.
And when the audits are complete and we’re on the road to uplisting, then you can blame the CEO, for doing exactly what he said he was going to do.
#CBDD
Apparently it’s easier to bash a CEO then back up your statements with FACTS. Just because the stock price is going backwards, doesn’t mean anything that the CEO has stated isn’t true. CEO’s don’t generally speak on what their stock is doing or they CAN get into trouble with the SEC for manipulation.
Penny stocks ain’t for everyone, you got to be able to swallow your losses and celebrate your wins. You’re in the land of corruption, mainly with HF’s and MM’s. I still believe CBDD is on the right path, and he did address the last LIE floating around this board about the Audit team resigning, which was far from the truth.
If peeps are going to float lies, they need to be banned from the board.
#CBDD
Why don’t you connect with him on LinkedIn? He’s there.
#CBDD
Haha… same here!! Sounds like we have the same trading luck.
#CBDD
I did the same here, but either HF’s are dumping synthetic shares to make bank where they are losing billions to AMC, or debt holders are dumping. But why would debt holders do that since they would want the best price. The OTC market as a whole is a dumping ground for HF’s to steal from retail investors. But typically they target companies that rely on their shares to keep the company going. CBDD is not one of those companies. So I’ll just wait and add to my position as they play their games.
#CBDD
What does this have to do with #CBDD??
2021 Revenues for CBDD
APR - $2.44M
MAY - 2.97M
JUN - 2.1M
JUL - 2.018M
Q4 of 2020 ending Dec 31st - 8.6M
Q1 of 2021 ending Mar 31st - 7.3M
Q2 of 2021 ending Jun 30th - 7.29M
I’d say they’re doing just fine! This is only MM manipulation as they throw synthetic shares to drop this while we wait for the Audit and uplisting.
#CBDD
You’re on the OTC created by Bernie Maddoff himself and you can ask that question with a straight face? I’m just going to bide my time to see how far MM’s will manipulate this back, then I’m going to back the truck up and load!
#CBDD
You can’t sink a company that doesn’t depend on stock sales to grow their company. Shaking the tree is all that this is. Besides, CEO should take this opportunity to buy back shares. Now that would be an announcement worth making!
#CBDD
AMC Investors Connect created with discounted offers, special advance screening, and more to come! Get registered!!
#AMC
Accepting Bitcoin for ticket purchases online by end of year, wow!!
#AMC
News should be kept to filings not these “hit” pieces on AMC that they write! Who cares about Cramer and his opinion, he’s old school frustrated that Robbinghood isn’t doing better, and wants us to lift them up? Not going to happen, apes will short that MF into the ground. CEO couldn’t wait to dump on the IPO opening and make his tendies.
AMC on its way up with Mondays shareholder meeting promising to be great!! See you on the moon!!
#AMC
Now let’s be clear, we should see an article in iHub’s news attached to our ticker (AMC) in the morning talking about our GREEN day today of being over 11% up, right?!
RIGHT?? LOL…criminals.
#AMC
I follow the same plan when I take profits, always the most expensive first.
#CBDD
There they go again posting news to our ticker in regards to AMC dipping under $30. Let’s see how these stupid articles do when the squeeze is on and we’re shooting up. Freak’n morons with a short agenda, criminals at best.
#AMC