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Glad you revisited that post. The lawsuit was $20 million plus 10 times that in punitive damages. For a total of 220 million.
I don’t know how many people read the court docs but after what CMGO said happened I believed they absolutely deserved the punitive damages.
They could make a movie out this case.
It’s been a long time coming but we are finally going to be finding out what CMGO got in this settlement.
I’m excited
Great find! Here is a study on magnetized water.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3572224/
Sure does. Some nice buying coming in. After the recent motions to dismiss have been denied I wouldn't be surprised to see more settlements. I keep saying these settlements can come without warning. I've been loading the cheaps.
IMPORTANT! I want to clear up some false information that has been going around. I hear that some have been told that FDA approval will be needed for CBD beverages and that it will take a long time.
That info is 100% FALSE. If anyone needs me to explain in detail please message me.
First Global Ventures Custodianship. Check their website here
https://1stglobalventures.com
It would be a very good time for an update. I'm sure the we're waiting on the new company to show their faces
QPRC another court doc out. Judge recommends the motions to dismiss by Academy Sports, Specialty Retialers and Fossil Group be DENIED! The defendants have 14 days to file an objection.
It’s a big deal that the company has voluntarily become SEC reporting. Only a legit company would spend the money to be SEC reporting when they didn’t have to
Great news for QSHI, Form10 registration became effective today marking them fully SEC reporting and Current!
JCPenny motion to dismiss is DENIED!
Management at First Global Ventures. Interesting
https://www.linkedin.com/in/ericstevenson2009/
https://www.linkedin.com/in/adrian-perry-32617531/
I bought before Friday but also added Friday when I realized how much of a share reduction it was
The fact is the OS was DECREASED by 1.2 Billion to 570 million. You don’t often see that. People need to read the filing. The notes were already converted. New CEO and big announcements coming. I think a few people bought the wrong stock on Friday and are realizing it should have been KYNC
LOL Dilution is over here. Anyone who takes 10 mins to read the last filing and calculate the changes in share structure can see that. OS just REDUCED by 1.2 billion after notes converted.
The annual report is due shortly that will lay it all out but I think we hear from the new CEO on the massive share reduction last week on top of that.
The key point to note is that the OS reduction was not just promised but carried out. The new CEO is making good on promises. We know this because of the updated share structure by the TA.
I would think we see some news put out about it as well.
Yes it is. You don't see this very often.
What's coming for KYNC....
Hello??? Is anyone reading the filings/news and understanding what is going on here? The OS as of 2/19 was 1,760,899,699 reduced to 579,912,699 as of yesterday! That is a massive 1.2 billion REDUCTION in OS!
If you look at the notes left as of the last filing and the share structure changes the numbers say that the notes are almost done if not all done. My calculations say there could possibly be about $30,000 left but even if so the majority of the notes were to related parties so restricted for 1 year.
Regardless it looks like the shares are being retired anyway.
Thank you! That’s great insight and gives me some dd to do lol.
I added down here. Bargain prices right now. Impatient people and the ones that don’t do any dd sleep on this type of play
Curious what makes you say that?
CNHC Nevada updated. Chiang is on top of things
Someone got impatient here. Come on let's see that Nevada update
If you search the ticker symbol on TDAmeritrade I show the new name. MJ Biotech
The statement you are replying to is ludicrous. The AS has not been raised and it's maxed so where would these shares appear from. On top of that the settlement CMGO just received from the Hudson Gray lawsuit will be way more than this small one.
To answer your question the AS could be raised but we would see that on Nevada SOS.
There have been no changes to the AS it is still 450 million.
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=8JMYQUhvyWg2E5xZEmtFzQ%253d%253d&nt7=0
Exactly! I just stated basically the same thing in my last post before I read this. See the court docs in my post about the appeal and the withdrawal due to settlement
They Did appeal it and the appeal was settled and withdrawn. Since the appeal was withdrawn they had to advise the court that original judgement was satisfied. That judgement can not be changed but I believe Burkhardt could sign off that the judgement was satisfied regardless of what amount he received. The judgement document was filed by the lawyer on behalf of Burkhardt.
I'm sure the terms were in CMGO's favor. There would be no reason for Glenn to add that to the pr if it weren't.
INKW tweeted a pic at the Expo with this guy. Very interesting
https://rickcollins.com/
CEO Karen Howard with Dr. Hewlings and Rick Collins, Esq @ Natural Products Expo pic.twitter.com/l8jkxq0NLJ
— Greene Concepts, Inc (@GreeneConcepts) March 7, 2019
I don't get how people aren't seeing how big this is. They didn't buy that bottling facility for nothing. On top of that have reduced the share structure and debt.
Etrade showing the new name as well.
Ask blocker got crushed! Time to move this back up where it belongs
Glad to see you here. Thanks for posting that website. I'm going to sign up for updates.
From the SC13 filed today. Just in case anyone had any question that these shares are a control block for the acquistion. They are also restricted for at least 1 year
From the 8K.
QSHI New CEO is also the CEO of Just Chill Products LLC which made this deal with MCIG in 2015. I'm not sure if the deal is still in place or there are additional ones. Just starting my DD but it looks promising!
Added CMGO down here. News is not far off people
Potential is huge olico! .27 is deserved after 4 years of litigation
CMGO looking great! Penny break today
Yes I saw that but I thought the chart was much more simple and to the point.