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What kind of company posts a 2003 CBD patent and not their own? Rediculous. Again, they are mincing their words.
great catch, conmanwatch!
They are called restricted stock.
A lease is not an asset.. As a matter of fact, the lease on the gilroy propertiy lease has not been paid, nor have the employees that worked there.
Wow. 6 Followers.
Good job, Conmanwatch! I agree.
i agree.
I understand that Perlowin is a major shareholder in MJNA. He currently lives in the Vegas area. He is still very active in the MMJ industry, and was most recently seen in SF at a MMJ conference. Conman..everything that you have said sounds like it could be correct. Thanks for your hard work.
I was referring to the Cannabank dispensary in Vegas. Contact them.
I have been to the office many times. I have lost money from them. I am trying to warn you, but I will not try to encourage you to save your money.. you just wait and see.
I gave you the name of their web 'designer'. By the way, don't forget, anyone can design a website. Where is one solid piece of proof from anything they have stated?
Have you ever notice that the presidents name, Michael Llamas, is nowhere in an press? Also, he lives in a hotel, doesn't own a car, pays for everything in cash, and lives with his partner, Michelle. Now, prove all of this is incorrect...you will not be able to.
A partnership like SkinAgain, which has allowed MJNA to write about it in a press release...you would definitely see it on her LinkedIn. It is a professional business contact page. She isn't even connected with Cannabank connections on linkedIn.
Call them.... Cannabank never paid, and is not attending..unless they have come up with the funds in the last minute..
Why don't you write to the owner...and see what he says. It has never opened.
Their site has indeed been updated. Cannabank has a full time designer, named Derek, Derk, Dirk.. and he has designed all of the websites...incldsing Bull n Bear.
There is ZERO fully functioning Cannabanks. ZERO..
$25,000 in capital after 8 years? No wonder they aligned with a crook.
Again, a memo of understanding. This will never close...just like all of the other deals.
HI everyone. Here is what I know.
Apparently Jared Barry is a partner in HDDC Hemp Deposit Distribution Corp. with Michael Llamas and Michelle Side. HDDC purchased MJNA. MJNA 'created' Cannabank.
Jared must have brought his mom in to what looked like a great partnership. Mrs. Barry has been trying to get her payment from Michael since they executed the agreement, which was after the press release.
Great research, Jungle. Hopefully, you can get a response. Who knows...maybe she finally threatened enough to get payment. But, please remember, if you google patent for Cannabinoid extraction, there are tons of applications...many before hers.
There is no patent number.
Cannabank, nor MJNA have applied for the patent. The women who applied for the patent is the owner of a skin care company... nuskin, skin again...something like that.
I think the women's name is Mrs. Berry. She applied for the patent. However, many others have applied for it as well. Also, the partnership never was established, because Cannabank never wired the investment money. I have been told that by an employee at the headquarters.
J
I completely agree with conmanwatch. This is a very suspicious company.
Amazing what you can find when you start researching. Just found this. Wow. I guess this is a long string of crime.
This is on the Fraud Complaint website.
Employee/Owner
Report Details
North American Companies LLC
425 Market Street, 22nd Floor
San Francisco California 94105
United States of America
Phone: 8778062226
Web: www.northamericancompanies.com
Category: Investment Brokers
Respond to this Report
Respond to this report!
What's this?
Also a victim?
What's this?
Arbitrate
Set the record straight!
End of 2008 I wired 30,000 USD to Cobalt One LLC, which is one of the many companies under the umbrella of North American Acquisitions LLC or North American Companies LLC. I was going to earn interest on those funds, I was also promised that those funds would be secured by paid off real estate.
I got a run around on completing that process of securing my funds by these paid of homes. I was supposed to get my funds back plus interest every quarter (3months) and it would be up to me to collect the interest only and leave the principal amount invested with them so that I can keep earning interest. They failed to secure my funds by paid off real estate and they failed to pay me any interest or my original funds.
I have gotten a run around for almost 2 years, because legal help is expensive and given the circumstances I could not pursue it legally and all i could do is hope for their promsses. Michael Llamas, Peter Woodard, Steve Llamas, Michelle ! Sides Esquire, are all part of North American Companies. I communicated with Michael Llamas, Steve Llamas(Michael s Father) Michele Sides (their legal counsel and partner) they all tried to "assist" me with collecting my funds with interest, which never happened. Promise after promise after promise.
2 years later I filed a few complaints, Michael Llamas responded and said "they are nothing but fraud, that I told you Armen that we will take care of this for you" and requested that Michelle Sides would "draft up" the paperwork I can sign so that they can pay off their loan. I got a copy of that letter, which simply explained that by me signing it would relief them of ANY LIABILITY from the part, present and future. I said "I will not sign that until the funds have been deposited in an escrow account, and contingent that the funds are cleared I will sign what ever they please" That of course never happened.
Some time later again i got contacted by Llamas which I believe was a result of me complaining so much and said that he will make a deposit into my account. He did not specify the amount. Then he said that every week they will pay me off with installments only if I am patient. The deposit did come in, for 1,000 dollars. And I haven't heard back from him since. Just to clarify I have proof of wiring the funds, I have a "note" that I am holding which I was provided as a legal contract by North American Companies, every time i check the web they have articles that they are growing and expanding.
Adding new departments, do this and that, however I feel that I am a victim and I believe this should be looked into on the state level. If it is left unattended by the authorities then this tells me that I can go out there, lie to people, promise them what ever I want, accept their money and give them a bunch of stories. I have also referred another person that invested funds with them and I have gotten threatened because they are holding me liable for this recommendation.
It was in the amount of 20,000 USD. I have told Michael Llamas that I am willing to accept my 30,000 in USD that was wired to them and will not look for the interest earned on those funds. I just want my original funds back.
Here is what the link says.
JANUARY 14, 2011
215 goodā¦Mike bad!
Mike Llamas went to Tracy High School, in Tracy, CA, and graduated in 2003. He started in the Real Estate business soon after graduating and after several years of stealing houses from working class Americans under the wing of Peter Woodard, he went to jail to pay for his sins.
He is a co-founder and founder of several companies, set up as LLCās under various names, most of which have tax-id numbers out of state. A few the companies that he is affiliated with are North American Acquisitions (NAA?), ?North American Exchange (NAE), North Amerian Companies (NAC), Prov 163, and First Hemp Bank.
Mike, Vernon Darrimon, and Steve Llamas worked together to sign a deal with David Clancy in 2010 to begin operating in the 215 industry. They promote themselves as a private equity firm that can license growers, dispensaries, and companies promising them compliance with all state statutes, local ordinances, and FEDERAL REGULATIONS. You must be thinkingā¦Federal??? Itās true that David Clancy fought it out in court and did reach a legal settlement stating that he was following āall federal guidelines for the cultivation of medicinal marijuanaā and it is true that Mike signed a deal with David, and it may be true that Mike has equity to ādo it bigā BUT it is also true that he has screwed over everyone that he has worked with so far. **NoteFirst Hemp Bank uses this āfederal complianceā as a selling point to sell their services but everything you need to operate within the 215 industry is in writing. If you take the time to research proper operation procedures then you too can be legal without their help.** This is not an exaggeration or an attempt by one pissed off employee to ruin the name of someone.. this is a warning. Everyone thinks that they MIGHT be an exception to the rule and that maybe, just MAYBE, Mike wonāt do it to them. Friendship doesnāt matter to the man and neither does blood and obviously reputation, dignity, and humility donāt matter. Mike is driven by one thing and he will talk the talk and walk the walk to get more more more more more money. Break time..blog and pictures will contine shortly.
Hi everyone. I was doing more digging on the internet... This is all so crazy! I just found this website. Very interesting stuff!
Jeff
insert-text-here
Cannabank is also called Cannabank Awareness. The reason the website is not cannabank.com, is because it registered to someone else. They don't own the trademark personally.
Everything you said is correct. Further...Bull n Bear Group is impersonating another company called Bull & Bear Group.
Hi again. I began to read other press releases.. here is another one with comments in red.
MJNA - Medical Marijuana Inc & CannaBANK Provide Facility Management Services to California Collective
Medical Marijuana (PL) (USOTC:MJNA)
Today : Friday 10 June 2011
Medical Marijuana Inc (PINKSHEETS: MJNA) and CannaBANKā¢ are proud to announce the signing of a managed services contract with a California-based cooperative of 7,200+ qualified patient members. (Who is the company..you are a public company. We want a name.).The facility management service program focuses on compliance solutions to local ordinances, state laws and tax issues as well as Medical Marijuana Inc's tracking system which features a seed-to-end-user closed loop (does this exist?), ensuring full compliance while dissuading diversion. Also included in the services contract is Medical Marijuana Inc's proprietary tax remittance card service that allows for the payment of all municipal use taxes (we all know that collecting and paying taxes in the industry is very difficult. Who are you partnered with?). The tax payments may be settled on a scheduled basis. Officials at both MJNA and CannaBANKā¢ concurred: "This contract marks a milestone for Medical Marijuana Inc, bringing months of exhaustive research and program development to fruition. Each patient member can rest assured that they are receiving the highest degree of care and compliance under existing guidelines. Furthermore, the facility will undergo an extensive training program allowing integration of all aspects of back-end management and patient tracking services." Where is this facility located? If they are in California, they must be a non-profit.
ABOUT MEDICAL MARIJUANA INC
Our mission is to be the world's premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate, invest in and purchase value-added sustainable companies (which companies have they actually acquired/closed?), while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, pay homage to the visionaries and activists of the past and present, provide the platform from which the industry can emerge into a global sustainable economy for all. Medical Marijuana Inc recognizes the vast and unequaled opportunities that exist in the rapidly expanding hemp and medical marijuana industries. The scientific recognition of cannabis has brought legalized marijuana use to the forefront of mainstream discussion, thus opening the door for safe and lucrative investment opportunities.
www.medicalmarijuanainc.com
This is my interpretation of the press release. My comments in red..
MJNA - Medical Marijuana Inc Plans to Petition DEA for License to Cultivate Medicinal Marijuana
Medical Marijuana (PL) (USOTC:MJNA)
Today : Monday 13 June 2011
Medical Marijuana Inc (PINKSHEETS: MJNA) is pleased to announce completion of a draft for a preliminary petition to the Federal Government to obtain a DEA sanctioned License to cultivate marijuana for medicinal purposes. (Cannabank completed a draft. Anyone can complete a draft petition.) In the US there are now 15 States which recognize the medicinal benefits of marijuana and cannabis related products (containing THC, the psycho-active ingredient) for various medical uses. Connecticut may soon be the 16th State to approve medical marijuana.
The Drug Enforcement Administration told Legalization Nation in an e-mail last week that 5 unnamed companies now hold licenses to grow cannabis in the United States. (Notice that Cannabank is making no mention that they are one of them. That is because the aren't. If there were, they would be formally announcing THAT.) The DEA and enforcement agencies are examining a potential expansion of the medical marijuana industry along with a new acceptance by the Federal Government of the medical benefits. (This is not news..this is fact.) Nationwide, increasing numbers of Doctors are prescribing marijuana and related products for their patients and seeing their patients receiving benefit.
To further illustrate this expansion, (via a letter to the East Bay Express) the DEA revealed that "there are 64 active DEA registrations" (reflecting 55 companies) for manufacturers that have listed drug code 7370 (THC, Delta-8 THC, Delta-9 THC, dronabinol and others) and drug code 7371(TETRAHYDROCANNABINOL, ORGANIC) on their DEA record. In other words, 55 companies have active licenses for producing organic THC (meaning they are growing medicinal marijuana). These reports contradict the widespread belief that there is only one legal marijuana farm in America, operated under the DEA for research purposes. (This does not state that it is them..it implies. Wow!)
Pharmaceutical manufacturers are watching this emerging trend of medicinal marijuana benefits to patients in the hope of bringing generic THC products to new market. For Pharmaceutical companies to bring generic THC products to market, the DEA would have to move organic THC down from Schedule I, where it is now, to a Schedule III classification, the same level of synthetic THC (Marinol). According to DEA records, pharmaceutical companies have requested just such a rescheduling. Should this rescheduling occur, it would green-light a new generation of prescription marijuana extract-to-pill farms. (This has always been a fact.)
The federal government has reportedly boosted its marijuana production capability by 900 percent to 4.5 million grams, according documents obtained by Americans for Safe Access. The most famous federally approved pot grower, Dr. Mahmoud El Sohly, has also testified he has begun legally selling THC extracted from his Mississippi farm to a substantial drug company.
Medical Marijuana Inc realizes that "full transparency in this industry" is a must, especially for investors in the growing number of publicly traded companies' shares in the industry. MJNA and CannaBANK seek to provide the public with information on changing Governmental regulatory actions that may affect our businesses. As related in previous press releases, MJNA is dedicated to expanding available medical marijuana benefits to patients through science, such as its cannabinoid extraction process. (In other words..we are just sharing industry news..yet making it look like we are involved.)
ABOUT MEDICAL MARIJUANA INC
Our mission is to be the world's premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate, invest in and purchase value-added sustainable companies, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, pay homage to the visionaries and activists of the past and present, provide the platform from which the industry can emerge into a global sustainable economy for all. Medical Marijuana Inc recognizes the vast and unequaled opportunities that exist in the rapidly expanding hemp and medical marijuana industries. The scientific recognition of cannabis has brought legalized marijuana use to the forefront of mainstream discussion, thus opening the door for safe and lucrative investment opportunities.
www.medicalmarijuanainc.com
Hi everyone. Upon losing a significant amount of money through an investment in Cannabank, I have been researching him and all of his activities. This is what I have learned through my research.
Michael Llamas a scam artist, and has been arrested in ponzi and fraud schemes across the US.He most recently has been tied to the Loomis Ponzi scheme and now Cannabank, The Hemp Network, MJNA, as well as still doing business as North American Acquisitions.
They are located in San Diego, and his partner/attorney/friend, Michelle who has been involved in his other dealings is there as well.
Cannabank has been creating new partnerships with many businesses, offering opportunities for press.. and putting out public press releases. Most, if not all of the deals have not closed.
In regards to Solombrino..she and her partner Stuart Titus are working with him in the deal in Guatamala. I researched her, and it looks like she is a dental asst. I noted that Bull N Bear has been in business only since last year. Also, that there is a similar business offering exactly the same services, called Bull & Bean (ampersand) online. They are not related. An employee at Cannabank created the new Bull N Bear site this week.
The staff and creditors aren't always getting paid on a regular basis, but when they do, the checks come from another company..sky holding partners or something? I am not sure. I can't find anything on them online.
I would suggest that everyone do more due diligence by following up on each of the press releases that have been released.
CBD Patents
CBD Water
Wellness facilities
22 MIllion Dollars??
Actually, everything.
Be careful and check all facts. Best of luck. Jeff