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Make that three companies of which one is a Producer and Processor. Bee Baked dropped off today's list. That was the one with the "closed" designation in last week's report.
I have a sense that Wildfire may have acquired their assets. Just a hunch :)
Services are an active revenue stream. Why focus on their pending product line when they are actively engaged in a two-year service contract?
Almost 800 shareholders are patiently waiting to see how it all plays out.
Management's intense focus on asset backed financing, rather than equity, we will help build the business and shareholder value, while avoiding significant dilution of the stock.
People get fired for many reasons. Clearly, this dude's mistakes have left him in the cold for years.
Can we move on to more interesting topics like how the company has just entered a strong revenue producing year?
Read their news releases and reports to learn about the progress made in 2015, as well as plans for the future.
I have no interest in reading negative innuendo from a person who spoke to a person who didn't succeed in oilfield work 2-3 years ago. Considering the number of oilfields that need quality workers, it seems to me the disgruntled ex-employee would be able to become so gainfully employed that he no longer needed to live in his past employment experiences.
E*Trade Pro is awesome. I wouldn't touch Hot Stocked anything.
It means they anticipate massive revenues. This CEO doesn't spout stupidity. Look at his bio.
The final license process will be complete upon approval of the facilities. This means they actually have to build out facilities in order for applicants to be fully licensed to produce and process.
This is why monitoring the weekly report is important.
Verifiable facts keep me invested.
Audit Confirmation Letter from SEC Form 10-12g (Registration of Shares) is linked below.
http://www.sec.gov/Archives/edgar/data/1619558/000114420415056236/v420840_10-12ga.htm#fin_001
Facts also are available from the company's OTC Profile page:
Financial Reporting/Disclosure
Reporting Status U.S. Reporting: SEC Reporting
Audited Financials Audited
Latest Report Sep 30, 2015 10-Q
CIK 0001619558
Fiscal Year End 12/31
OTC Marketplace OTCQB
Accounting/Auditing Firm
PMB Helin Donovan
5918 W. Courtyard Drive
Suite 500
Austin, TX, 78730
United States
http://www.otcmarkets.com/stock/MYEC/profile
Please add the company's status as an audited, SEC reporting OTCQB company to the iBox.
The patent infringement settlement with Zipmark should be filed with the court this coming week. That will also be a fine highlight to add.
Let's get better representation of current and noteworthy progress rather than recycling old and outdated views.
Thanks!
Two year old gripes from a guy who was let go and can't get a job in another oil field through another company just isn't worthy of anyone's time.
Try the National Enquirer, though, they might have an interest.
Is that SA piece in the iBox with the rest of their opinion pieces?
Nine years ago, our CEO demonstrated he was a class act when customers were victims of fraud unrelated to the company.
Okay, so we know Ed is an upstanding guy.
The iBox updates are far more important than Tim Sykes' ancient editorials about names with upper and lower case letters.
The $3,102,398 loss will be significantly beneficial!
Please also add eMobile product information to iBox.
I provided the most current, thus very real, information. EOD :)
Approved is an appropriate term. It is synonymous with Accepted. The last amended Form 10 was Accepted through Edgar.
Form 10-12G - Registration of securities [Section 12(g)] [amend]
SEC Accession No. 0001144204-15-056236
Filing Date
2015-09-24
Accepted
2015-09-24 09:02:43
Documents
42
Filing Date Changed
2015-09-24
Regardless, the point is the company had to submit audited financials through the share registration process.
The SEC issued their standard completion review letter. This means the share registration statement was not rejected and the company is now fully reporting.
http://www.sec.gov/Archives/edgar/data/1619558/000000000015049051/filename1.pdf
Please update the iBox with current information. OTC Profile link is below.
Thanks!
http://www.otcmarkets.com/stock/MYEC/profile
Sounds like he needs to move on. We need to focus on the current team and projects.
Thanks for your DD :)
How many of the sharks have served on a Federal Reserve Committee? How many have developed their own patents for payment technology?
Ed doesn't need Hollywood games. He will have the revenue he needs to fund growth plans. If he needs more money, he will have no trouble obtaining venture capital when the time is right.
I wouldn't be surprised if the next AGM is in New York.
MFI can handle that Q&A. Leader Bios below:
Bill Wright:
Age 50, is a dynamic individual with strategic management and leadership experience. He has proven success in acquisitions, business development, management, and building successful organisations from the ground level. Mr. Wright has overseen several public companies and has advised countless others over his 25 year business career. He holds a Bachelor's of Science degree in Business Administration from San Diego State University and enjoys spending his time with family and on community projects.
July 2012 to Present:
CGrowth Capital, Inc.
President / Chief Executive Officer / Chief Financial Officer
Alternative Asset Management Company in the United States. Includes diverse holdings of real estate, oil and gas and specialty minerals.
January 2006 to Present:
Keystone Financial Management, Inc.
President / Chief Executive Officer / Chief Financial Officer
Asset Management and Financial Consulting firm that specializes in mergers, acquisitions and operations of companies that have undervalued or unused assets, services or solutions in diverse industries. The company offers turnkey solutions to its business clients.
April 2010 to April 2013:
AquaLiv Technologies, Inc. (n/k/a Verity Corp.)
President / Chief Executive Officer / Chief Financial Officer
Biotech Company working to improve water quality and quality of living. Merged company with an organic farming organisation working to institute best practices with non-GMO farmers.
Robert Foster:
Age 45, is a business owner, manager and land developer in the United States. Mr. Foster has extensive knowledge in construction management, mineral resources and project management. He has negotiated countless contracts and business arrangements over the past 20 years. Mr. Foster served in the US Navy prior to entering the business world.
2011 – Present:
MRJ Resources LLC
Manager
Formed an asset based mining company with holdings in Eastern Washington.
2011 – Present:
Cedar Canyon Mining Corp
Co-Founder, VP Operations
Supervise all operations in USA. Perform outsourcing services for mining and minerals operations. Current assets under management exceed US$300,000,000 in mineral assets that are scheduled to be proven out.
1998 – 2011:
F&B Construction LLC
Owner
Operator of a construction company engaged in all facets of construction including residential construction, commercial buildings, underground utility install and large land development for both commercial and residential.
Norm Johnson:
Norm Johnson, age 55, is a business owner, entrepreneur and community philanthropist. Mr. Johnson entered the business world 16 years ago following a successful career as a place kicker in the National Football League – currently 10th on the all-time leading scorers list. Following his NFL career, Mr. Johnson began working in real estate, investing in small business and consulting with numerous entities. Mr. Johnson graduated in 1983 with a bachelor's degree in economics from the University of California Los Angeles (UCLA).
2001 – Present:
Real Estate Broker and Investor
Purchased and sold real estate for individual portfolios as well as represent clients in their investment choices.
2012 – Present:
Product and Brand Development
Developed product and marketing for specialty beers, spirits and energy drinks.
1982 – 1999:
National Football League
Place kicker. 10th on all-time leading scorers list. Nicknamed "Mr. Automatic."
I can answer your questions.
1. Severance Agreement
2. Conflict of Interest
3. Ed knows what all of his customers do regardless of revenue potential.
4. See below
VX didn't pan out. Did they source a bank that fit their project goals? (old news).
Green Pay is the name (not mj or g-pay).
There will always be greater and lesser investing options every trading hour of every trading day.
The goal is to find one that fits one's portfolio goals.
This one has huge potential with a very low float and very affordable share prices.
It's all about risk vs. reward.
I'm sticking around.
Ask Mr. Frazier what he does for income now. He has current postings on Facebook but hasn't updated his employment.
Is he eligible for re-employment with the company?
https://www.facebook.com/michael.frazier.779?fref=ufi
Employer and Ex-Employee, or Ex-Contractor relationships have a nature of their own.
I would like to know:
Mr. Frazier's role with the company and the Wyoming oil fields. What were his payment terms? Was he working one field or many fields? Were they producing or non-producing?
The exact reason given to Mr. Frazier when he was released (no work, non-performance or inadequate performance, mismanagement, etc.)
Did Mr. Frazier have financial responsibilities? This is important as he represents himself as an authority on employee/contractor payments.
Why Mr. Corbin has Preferred Stock and why he, personally, expects dividends, or special communications above those disseminated to all shareholders.
This is a development stage business that completed audits, registered shares, upgraded to OTCQB, launched eMobile, settled a patent infringement case with Zipmark, all in 2015.
Sounds great BUT we haven't seen the rewards from all of their hard work in the form of revenue levels that justify higher share prices.
Ways to stay engaged:
MyECheck www.myecheck.com
Company Facebook Page
Company Twitter Account
MyECheck Investor Facebook Group
EMobile www.e-mobile-pay.com
"One of the key features of this new platform is the market place, which allows small businesses to own a virtual store. Cardless transactions will also be introduced to ensure that U-Mobile customers can withdraw money from UBA ATMs even without their payment cards."
This will help propel the growth of entrepreneurship in Africa!
FINRA Rule 4560 requires FINRA member firms to report their short positions in all over-the-counter (“OTC”) equity securities to FINRA.
Daily short reports contain short sales as a percent of daily volume.
Bi-weekly reports are required summary reports.
Here is a link to where you can review the bi-weekly summary reports for CGRA. The latest report is effective December 15.
http://otce.finra.org/ESI
If you don't like the process, take it up with FINRA.
You have to read the report to see the short volume.
This is definitely something to talk about, and get excited about!
Million dollar lease payments from four entities equal massive revenues.
That's just the beginning. Acquisitions will follow.
I wasn't misled at all. The facts are available to anyone who wants to perform their own DD.
In 2015, Rob Foster acquired an interest in Wildfire, a cannabis entity with an existing license.
The state changed the cannabis rules this year. The licensing process changed accordingly.
Licensing restarted November 2015.
2016 will be a great year for shareholders.
Chewelah Properties LLC Business License
http://bls.dor.wa.gov/licensesearch/lqsLicenseDetail.aspx?RefID=2376126
CHEWELAH PROPERTIES, LLC
UBI Number 603384345
Category LLC
Active/Inactive Active
State Of Incorporation WA
WA Filing Date 03/12/2014
Expiration Date 03/31/2016
Inactive Date
Duration Perpetual
Registered Agent Information
Agent Name CGROWTH CAPITAL INC
Address 4550 NW NEWBERRY HILL ROAD
SUITE 202
City SILVERDALE
State WA
ZIP 98383
And it will go back up when shorts cover! NITE has been taking advantage of market lulls during this holiday week.
Be certain to check the percentage of sales volume created by shorting...about an hour after markets close.
http://otcshortreport.com/index.php?index=cgra&action=view#.VoVmq1n5eao
CGrowth Capital, Inc. Executes Commercial Lease and Option to Purchase with Wildfire Cannabis Company
SILVERDALE, WA / ACCESSWIRE / May 15, 2015 / CGrowth Capital, Inc. (PINKSHEETS:CGRA) (the "Company") is excited to share the details of the Lease Agreement between our wholly- owned subsidiary Chewelah Properties, LLC and Wildfire Cannabis Company, LLC ("Tenant" or "WFCC"), a Tier 3 cannabis Producer in Washington state. The five (5) year, with five (5) year renewal, Lease Agreement calls for a turn-key operational facility provided by the Company for the production and processing of cannabis by the Tenant. The Lease Agreement anticipates gross payments in excess of $2,000,000 annually, to include base rent, tenant improvements, common area maintenance charges, ancillary rentable areas, and administration fees. The Lease Agreement provides for the Tenant to increase its base rentable space by up to 33% as future business growth dictates, in turn increasing the realized rent and revenue to the Company.
In addition to the Lease Agreement, the Company is pleased to announce that it has executed an Option to Purchase Agreement ("Option") with Wildfire Cannabis Company, LLC. The Option gives the Company the right to purchase WFCC for three (3) times its net annual revenue - to be paid by half in cash and half in restricted stock of the Company - for the term of the Lease Agreement. Triggers for the Option include the Company's evaluation of current Federal regulations as they relate to the classification of marijuana as a Schedule I substance, versus the anticipated reclassification to a Schedule II substance. The Company will also continue to evaluate the progression of current banking regulations regarding cannabis, and the ability to provide proper audit accounting moving forward.
"There are so many new opportunities beginning to present themselves to our Company within the marijuana sector that we are beyond excited for what the future holds," stated Bill Wright, CEO of CGrowth Capital. "We are building on existing relationships in Colorado, California, Texas, and other progressive states for future expansion into the broader national marijuana market. By leading in with strong leasehold agreements and the ability to purchase the business at a later date, we are setting ourselves up to be a leader in this emerging market when the legal climate changes."
The Company will continue to deliver on its commitment to transparency to its shareholders and investors, as we actively pursue business opportunities within our target markets, including the cannabis market space, oil and gas ventures, precious metals, real estate development, and the advancement of our dolomite and silica holdings.
We have 793 patient shareholders as of November 15, 2015.
http://www.otcmarkets.com/stock/CGRA/profile
2016 will be an awesome year for pot stocks in general, and this one in particular due to its diversified holdings.
Randolph and Mortimer LLC - MJ Producer
http://bls.dor.wa.gov/licensesearch/lqsLicenseDetail.aspx?RefID=1175529
RANDOLPH AND MORTIMER LLC
UBI Number 603359012
Category LLC
Active/Inactive Active
State Of Incorporation WA
WA Filing Date 12/19/2013
Expiration Date 12/31/2015
Inactive Date
Duration Perpetual
Registered Agent Information
Agent Name WASHINGTON REGISTERED AGENT LLC
Address 170 S LINCOLN ST STE 100
City SPOKANE
State WA
ZIP 99201
Special Address Information
Address
City
State
Zip
Governing Persons
Title Name Address
Manager BISSELL , MATT 25135 132ND AVE SE
KENT , WA 98042
Wonder West Group LLC - MJ Producer
http://bls.dor.wa.gov/licensesearch/lqsLicenseDetail.aspx?RefID=1020877
WONDER WEST GROUP LLC
UBI Number 603359294
Category LLC
Active/Inactive Active
State Of Incorporation WA
WA Filing Date 12/17/2013
Expiration Date 12/31/2015
Inactive Date
Duration Perpetual
Registered Agent Information
Agent Name INCORP SERVICES, INC
Address 4816 AURORA AVE N
City SEATTLE
State WA
ZIP 98103
Special Address Information
Address
City
State
Zip
Governing Persons
Title Name Address
Member WARE , LEONARD 8513 VETERANS DR SW
LAKEWOOD , WA 99481
Wildfire Cannabis Company LLC - MJ Producer
http://bls.dor.wa.gov/licensesearch/lqsLicenseDetail.aspx?RefID=1187474
WILDFIRE CANNABIS COMPANY LLC
UBI Number 603432715
Category LLC
Active/Inactive Active
State Of Incorporation WA
WA Filing Date 09/02/2014
Expiration Date 09/30/2016
Inactive Date
Duration Perpetual
Registered Agent Information
Agent Name ROBERT FOSTER
Address 1020 N HIGH DESERT DR
City DEER PARK
State WA
ZIP 990065153
Special Address Information
Address
City
State
Zip
Governing Persons
Title Name Address
Manager FOSTER , ROBERT 1020 HIGH DESERT DR
DEER PARK , WA 99006
Member DILLON , JOHN 6140 SW OLD CLIFTON RD
PORT ORCHARD , WA 98367
Member PATTERSON , SPENCER PO BOX 316
CHIMACUM , WA 98325
Member PARSON , KEELY PO BOX 316
CHIMACUM , WA 98325
Member HANLEY , LAWRENCE GENE 6140 SW OLD CLIFTON RD
PORT ORCHARD , WA 98367
Wonder West Group, LLC - MJ Processor
http://bls.dor.wa.gov/licensesearch/lqsLicenseDetail.aspx?RefID=1020877
WONDER WEST GROUP LLC
UBI Number 603359294
Category LLC
Active/Inactive Active
State Of Incorporation WA
WA Filing Date 12/17/2013
Expiration Date 12/31/2015
Inactive Date
Duration Perpetual
Registered Agent Information
Agent Name INCORP SERVICES, INC
Address 4816 AURORA AVE N
City SEATTLE
State WA
ZIP 98103
Special Address Information
Address
City
State
Zip
Governing Persons
Title Name Address
Member WARE , LEONARD 8513 VETERANS DR SW
LAKEWOOD , WA 99481