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And they do have momentus stock listed in the agreement. I know some had part of that in their portfolio. For whatever that’s forth.
LJ
2. Amendments.
(A) The following definitions are used in this Amendment and added to Section 1.1 of the Loan Agreement in the appropriate alphabetical order:
“AEL Trust” means The AEL Irrevocable Trust, a trust organized under the laws of the State of California.
“First Amendment” means the First Amendment to Loan and Security Agreement, dated on or about August __, 2018.
1
“Funding Date” means on or about the date of the First Amendment.
“HT” means HighTimes Holding Corp., a Delaware corporation.
“HT Stock” means the 227,273 shares of Class A voting common stock, $0.0001 par value per share of HT to be purchased by Borrower for $2,500,000 pursuant to the HT Stock Purchase.
“HT Stock Purchase” means the purchase by Borrower of the HT Stock from HT at a purchase price of $11.00 per share of HT Stock, pursuant to HT’s “Regulation A+” initial public offering under Section 506 of the JOBS Act of 2016 as described in HT’s Form 1-A Regulation A Offering Circular that was qualified by the SEC on July 26, 2018 as supplemented by one or more SEC Form 1-U filed by HT.
“Momentous Stock” means _________shares1 of common stock of Momentous Entertainment Group, Inc., a Nevada corporation (“Momentous”) that were issued to the AEL Trust, effective as of August 7, 2017, upon the automatic conversion of 7,500 shares of Series C Preferred Stock of Momentous and which are being pledged to Lender pursuant to a Pledge and Security Agreement dated August ___, 2018 between Lender and the AEL Trust.
I have read in HT filings that they are charging, among other things, a digital advertising package which isn’t the same as their print stuff. Yowza big dollars imo.
LJ
Signature Page to
Strategic Investment Agreement by and among
Hightimes Holding Corp.,
Trans-High Corporation, and
Spectrum King, LLC
EXHIBIT A
Advertising Fee Schedule
1. PREMIER SPONSOR AT 10 EVENTS PER ANNIVERSARY PERIOD
1.1. FULL PRICE $24,000 PER EVENT
1.2. Spectrum King Price for 10 events is $24,000 per event. 10 x $24,000 = $240,000.
2. Two FULL PAGE ADS IN EVERY ISSUE
2.1. FULL PRICE $6,000 PER ISSUE
2.2 12 x $6,000= $72,000
3. DIGITAL ADVERTISING PACKAGE EVERY MONTH
3.1. SOCIAL MEDIA PACKAGE EVERY MONTH
3.2. EMAIL BLAST EVERY MONTH
3.3. BANNER AD PACKAGE EVERY MONTH
3.4. FULL PRICE $14,500 PER MONTH
3.4.1. 12 x $14,500 = $174,000
4. Total Revised Marketing Charges by HT to SK
4.1. 10 Events + 2 full pages a month + Digital Advertising
4.2. $240,000+ $72,000 + $174,000 = $486,000
Subject to the $500,000 budget per Anniversary Period, Spectrum King shall have the right to elect to reduce the number of events it attends and increase full page ads or digital advertising, or vice-versa.
A-1
So if you can read up on anything about common control dealing with mergers and acquisitions and also non transitory accounting would be a good start. There’s a lot out there...
LJ
I’m not so sure we will based on what is called “common control accounting”. My thoughts have always been that Spcl/Pixelmags were rolled up under Oreva via this accounting procedure. Since ownership from those who own Oreva also already owned the majority of Spcl, there won’t be an official change of hands since ownership was already established. So my guess is spcl/ oreva/ dream media are all under same ownership using this common control. At some point pixel will be applied to the books of dream media would be my guess. Probably after this hightimes stuff finally finishes.
Here is something that is from high times that may apply. We shall see. Just my 2 cents. Take care.
LJ
Loan and Security Agreement
This Loan and Security Agreement (as it may be amended, restated or otherwise modified from time to time, this “Agreement”) is entered into on November 21, 2017 among EXWORKS CAPITAL FUND I, L.P. (“Lender”), DREAM MEDIA CORPORATION, a Delaware corporation (“Borrower”) and each of the parties signatory hereto as a Loan Party Obligor (as defined herein). The Schedules and Exhibits to this Agreement are an integral part of this Agreement and are incorporated herein by reference.
1. DEFINITIONS.
1.1. Certain Defined Terms.
Unless otherwise defined herein, the following terms are used herein as defined in the UCC: Accounts, Account Debtor, Certificated Security, Chattel Paper, Commercial Tort Claims, Deposit Accounts, Documents, Electronic Chattel Paper, Equipment, Farm Products, Fixtures, General Intangibles, Goods, Health-Care-Insurance Receivables, Instruments, Inventory, Letter-of-Credit Rights, Proceeds, Securities Accounts, Supporting Obligations and Tangible Chattel Paper.
As used in this Agreement, the following terms have the following meanings:
“Affiliate” means, with respect to any Person, any other Person in control of, controlled by, or under common control with the first Person, and any other Person who has a substantial interest, direct or indirect, in the first Person or any of its Affiliates, including, any officer or director of the first Person or any of its Affiliates; provided, that neither Lender nor any of its Affiliates shall be deemed an “Affiliate” of Borrower for any purposes of this Agreement. For the purpose of this definition, a “substantial interest” shall mean the direct or indirect legal or beneficial ownership of more than ten (10%) percent of any class of equity or similar interest.
11 Million in one hour... 1 dang hour!!!!
LJ
On slack btw
$1,405,814 DOLLAR VOLUME. MUST BE SOME PRETTY BIG NEWS!
imo
LJ
dollar volume is $994,552.. Ka ching
LJ
All I can say is, you need just one product in the pharmaceutical market, that has efficacy over what's out currently, safety and you own the rights to sell it.
If you have all 3 of those every single big pharma company out there will Bid BIG to obtain the rights to sell it.
They have the money, marketing and the sales forces to sell it globally....
And I think OWCP has all three.. IMO
LJ
It does show the patent as granted, also shows a US patent number IMO.
LJ
Applicants
ONE WORLD CANNABIS LTD [IL]
Inventors
BARUCH YEHUDA [IL]; SINAI ALON [IL]; TURNER ZIV [IL]
Classifications
IPC
A61K36/185; A61K31/05; A61K31/352; A61K47/06; A61K47/10; A61K47/12; A61K47/14; A61K47/18; A61K47/22; A61K47/36; A61K47/46; A61K9/00;
CPC
A61K31/05 (EP,US); A61K31/352 (EP,US); A61K45/06 (EP); A61K47/06 (US); A61K47/10 (US); A61K47/12 (US); A61K47/14 (US); A61K47/18 (US); A61K47/183 (US); A61K47/22 (US); A61K47/36 (US); A61K47/46 (US); A61K9/0014 (EP,US); A61K9/06 (EP); A61P17/06 (EP); A61K36/185 (EP,US);
C-sets
A61K31/05, A61K2300/00(EP);
A61K31/352, A61K2300/00(EP);
Priorities
IL2015051234W·2015-12-21; US201462095020P·2014-12-21; US201715629230A·2017-06-21
Application
US201715629230A·2017-06-21
Publication
US2018042890A1·2018-02-15
Published as
AU2015101908A4;AU2015369546A1;WO2016103254A1;US2018042890A1;US10603301B2
Kind codes
The following is a list of European and international patent document kind codes.
EP A documents
European patent applications, published 18 months after filing with the EPO or 18 months after the priority date
A1
European patent application published with European search report
A2
European patent application published without European search report (search report not available at publication date)
A3
Separate publication of European search report
A4
Supplementary search report
A8
Corrected title page of A document, ie. A1 or A2 document
A9
Complete reprint of A document, ie. A1, A2 or A3 document
EP B documents
European patent specifications
B1
European patent specification (granted patent)
B2
New European patent specification (amended specification after opposition procedure)
B3
European patent specification (after limitation procedure)
B8
Corrected title page of B document (i.e. B1 or B2 document)
B9
Complete reprint of B document (i.e. B1 or B2 document)
What does A1, A2, A3 and B stand for after a publication number?
When a European patent application is published together with the search report, it is known as an A1 publication. When this application is published without the search report, it is an A2 document. The search report is then published later as an A3 document. When the patent is granted, it is published as a B document
Looks like something for the Multiple Myeloma went out on 4/15/20.
LJ
EP3307266 - NOVEL CANNABINOID COMBINATION THERAPIES FOR MULTIPLE MYELOMA (MM) [Right-click to bookmark this link]
Status Examination is in progress
Status updated on 08.04.2020
Database last updated on 18.04.2020
Most recent event Tooltip 10.04.2020 First examination report
Applicant(s) For all designated states
One World Cannabis Ltd
Ben Gurion 2
Ramat Gan / IL
[2018/18]
Entry into regional phase 11.12.2017 National basic fee paid
11.12.2017 Search fee paid
11.12.2017 Designation fee(s) paid
11.12.2017 Examination fee paid
Examination procedure 11.12.2017 Examination requested [2018/16]
11.12.2017 Date on which the examining division has become responsible
17.07.2019 Amendment by applicant (claims and/or description)
15.04.2020 Despatch of a communication from the examining division (Time limit: M04)
This is absolutely getting destroyed...
LJ
Still here, still alive have a great weekend. Let's get this country back to work! PEACE
LJ
Im going to say, based off the vag meter going off tonight, down for some.
LJ
Oh man im still laughing at that. Dang that’s funny I don’t care who you are that’s some funny dodo
LJ
That’s one hell of a headline with what’s going on around the overall global markets. Very impressed. Love it!!!
LJ
Ding ding ding. Winner winner chicken dinner.
LJ
Thanks big guy. Coming from you that means a lot.
LJ
I got all my shares. Still. Sounds like some need to grow a sack. Don’t like the K? Sell I don’t care. Someone will buy them.
LJ
I think they should rename this board Cry Babies RUS. Pfffff (rolling my eyes)
LJ
Federal stockpile of emergency medical equipment depleted, House panel says
An internal administration document released by the committee on Wednesday showed that only 11.7 million N95 respirator masks have been distributed nationwide, which is less than 1 percent of the 3.5 billion masks that the administration estimated would be necessary in the event of a severe pandemic.
Staff from the Department of Health and Human Services (HHS) told the House Oversight and Reform Committee that the Trump administration has made its final shipments of personal protective equipment to states from the Strategic National Stockpile.
LJ
https://thehill.com/policy/healthcare/491871-federal-stockpile-of-emergency-medical-equipment-depleted-house-panel-says?amp&__twitter_impression=true
God I love disposables.... LOL
LJ
Oh i forgot to mention Masks have a shelf life..... Let that sink in!!
LJ
Not only do people around the world need the masks now, I'm thinking about the next flu season hitting 7 months from now AND all these countries around the world that need to restock their strategic national stockpiles, including states and local city's before next season. Then we have all of us that are going to stock pile our own amount of masks for the next time. Corona is a seasonal disease IMO! VRUS is going to make so much dang money off this move... It's incredible whats about to happen here.
LJ
Im also in today, this looks very good IMO. Have a great day everybody!
LJ
Git R Dunn
Wow... All kinds of disease states here...
LJ
1. A method of treating or inhibiting
an inflammatory skin disease in inflammatory skin disease is selected from the group consisting of
spongiotic dermatitides,
psoriasiform dermatitides,
interface dermatitides,
bullous disease,
dermatitides with perivascular inflammation,
vasculitis,
nodular and diffuse dermatitides,
seborrheic dermatitis,
lupus erythematosus,
discoid lupus erythematosus,
dermatomyositis,
lichen planus,
lichen sclerosus,
lichen simplex chronicus,
psoriasis,
lichen striatus,
lichen aureus,
granuloma faciale,
atopic dermatitis,
sweet syndrome,
granuloma inguinale,
pyoderma gangrenosum,
necrobiotic xanthogranuloma,
pemphigus,
pemphigus foliaceus,
pemphigus vulgaris,
dermatitis herpetiformis,
erythema multiforme,
follicular occlusion triad,
ruptured cyst/follicle,
cutaneous T-cells lymphoma,
poison ivy,
nummular dermatitis,
and eczema.
The invention relates to a novel formulation containing Cannabis extracts for the treatment of inflammatory skin conditions, mainly psoriasis.
Psoriasis is a common, chronic and inflammatory skin disease for which there is no cure and with great negative impact on patients' quality of life (QoL). The reported prevalence of psoriasis in countries ranges between 0.09% and 11.4%, making psoriasis a serious global problem with at least 100 million individuals affected worldwide. The most common type of psoriasis is psoriasis vulgaris which is characterized by scaly, red skin, mainly around the elbows, knees and scalp. Psoriasis is characterized by accelerated growth of epidermis cells (keratinocyte cells) accompanied by an inflammation.
According to main embodiments of the present invention, a new carrier cream formulation developed by OWC for psoriasis management was incorporated with different concentrations of Cannabis oil (THC, CBD or their combination). The efficacy of the Test items (THC, CBD, .beta.-caryophyllene or their combination, vehicle cream with or without THC, CBD, .beta.-caryophyllene or their combination) was evaluated in the human skin organ culture model (ex vivo). Human skins were obtained from healthy female (age 48-65) undergone abdominal plastic surgery.
The results showed that the topical cream of the present invention (containing the vehicle cream and cannabis oil extract) treats the main symptoms of psoriasis including significant inhibition of cell proliferation and inhibition of major cytokines that serves as proinflammatory mediators in psoriasis. BOOM!!!!
LJ
Sure is odd that Levin seems to have a money tree. Where does all the money come from to buy this??? Sure would like to be a fly on the wall sometimes.
LJ
Hightimes Holding Corp. Signs LOI to Acquire Humboldt Heritage Inc.
LOS ANGELES - Mar. 27, 2020 — Hightimes Holding Corp., the owner of High Times®, the most well-known brand in cannabis, has announced today the signing of a letter of intent to acquire California-based cannabis holding company Humboldt Heritage Inc. and its subsidiaries Humboldt Sun Growers Guild and Grateful Eight LLC.
The Humboldt Heritage acquisition provides High Times with cannabis growing, processing and product manufacturing capabilities direct from the most coveted cannabis community in the world, Humboldt County. Coupled with High Times’s retail expansion plans, the resulting company will become one of the state’s largest vertically-integrated operators, providing High Times exclusive access to 18 unique Northern California-based brands including True Humboldt and leading cannagar producer Cuba Libre.
“High Times’s mission is to connect consumers to cannabis – not only the best access and experience, but by producing the best products available for our consumers across the country, and eventually the world,” Adam Levin, Hightimes Holding Corp.’s Executive Chairman, said. “This addition adds 200+ of the best cannabis-producing farms in the world, and provides the rest of the capabilities we’ll need to grow into the future as we expand the High Times family!”
“Joining with High Times allows our cultivators and their artisan brands unprecedented exposure to consumers as High Times reaches millions of people all over the world. The farmers in Humboldt County have been leading parallel missions to High Times over the past 45 years,” says Barry Nachshon, CEO of Humboldt Heritage Inc. “Knowing that we will be part of the High Times family, as well as a key manufacturing and supply chain partner as the company enters the retail and delivery markets in California, is very exciting for our team.”
Short or Naked selling? 6 digit trades....
Asking for a friend!
LJ
Integrated Ventures (INTV)
0.012395 ? -0.000105 (-0.84%)
Volume: 156,224 @03/26/20 3:25:40 PM EDT
Not retail, fifth digit trading, someone trying to keep a lid on this... IMO
LJ
Integrated Ventures (INTV)
0.01199 ? -0.00051 (-4.08%)
Volume: 59,500 @03/26/20 10:57:02 AM EDT
Large amount of shares traded for just 1 month Ladies and gentlemen.
..... Hog Trough!!
https://www.nasdaq.com/market-activity/stocks/intv/historical
LJ
GTS still needs to cover but can’t with those at this hog trough.... dang
LJ
16 of the 80 trades were 5th digits trades...
LJ
Edit. About 112,000 shares total
And yes, i agree he does have the gift of gab.
LJ
I like that what he tweets is the truth. He doesn’t lie to his shareholders no matter if it’s good or bad.
IMO
LJ
Lol yep, noticed that. You might have to go back to posting in tongues...
LJ
can’t
Best case would be spcl/Pixelmags became a private company and was purchase by someone who made it exclusive. Now we are seeing companies like HIFi moving to something else in june. What if Apple bought us up? Crazy thoughts my friend. Who wants to tell all their customers he you need to move to this, updated this and this to get your previous purchases you’ve made. Only if you HAD to do it. Shit i hope Apple bought us up.
LJ
That was a June 26th announcement from HiFi, before that on June 6th they discuss changes with ITunes. Something happened around that time that Made them leave Pixelmags. Weird
https://www.google.com/amp/s/www.whathifi.com/us/amp/news/apple-confirms-what-happens-to-your-music-after-itunes-closes
So in August WHAT Hi-fi told it’s user then needed to move from Pixelmags to the new folio app. Why?? Did someone buy Pixelmags for exclusive use only? IDK but no reason to just tell all your users to move for all new issues if you wanted to read it. IMO
LJ
The August issue of What Hi-Fi? is the first to switch to a new app on iOS. From this issue you will find your new issue of What Hi-Fi? on Folio – and it's out today!
With its improved storefront and reading experience, the new iOS app is responsive and easy to navigate – and we truly hope you'll enjoy it.
But let's cut to the chase: if you use an iPhone or iPad, you'll need to update from PixelMags to the new Folio app to continue reading your issues of the magazine. Fortunately, it's an extremely simple procedure. It'll even happen all by itself if automatic updates are enabled on......
Something changed imo.
LJ
https://www.google.com/amp/s/www.whathifi.com/us/amp/news/the-what-hi-fi-ios-app-is-updating