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Company just posted Annual Report and Attorney Letter.
Hopefully we can get an update here soon
ZB Holdings Announces Termination of Acquisition Agreement
Previously announced Letter of Intent with Code Green Apparel Corp. (OTC Pink: CGAC) has been terminated
KATY, TEXAS, UNITED STATES, March 21, 2019 /EINPresswire.com/ -- ZB Holdings Announces Termination of
Acquisition Agreement
Katy Texas, March 21, 2019. ZB Holdings (d/b/a Zoombang, Inc.) announced today that it has terminated the Letter of Intent with Code Green Apparel Corp. (OTC Pink: CGAC) under which Zoombang would have been acquired by Code Green through a tax-free share exchange agreement.
“Code Green Apparel was unable to complete the financial commitment to invest $1.5 million to fund Zoombang’s rapidly growing operations and to build the appropriate operational infrastructure including, but not limited to, sales, technology and administrative personnel”, stated Paul Marsh, CFO of Zoombang, adding “We appreciate the effort exerted by Code Green and we extended the timelines previously agreed upon but ultimately a decision was made to terminate the Letter of Intent”.
About Zoombang
ZB Holdings (www.zoombang.com), based in Katy, TX, manufacture and produce impact protection gear for use in all sports, military, police, tactical, industrial, equine and medical applications through the use and application of the companies’ proprietary polymer technology. Currently, there are 14 NFL Teams and 11 NHL Teams who purchase and use Zoombang’s products. Zoombang said the companies’ products absorb over 40 percent more of the energy than any of the other sports products being tested.
The polymers the company manufactures and develops are engineered to manage energy by dissipating, transferring or accentuating blunt force trauma, shock, g-force loading and vibration. The proprietary polymers reduce injury and increase comfort for applications where protection to the body is critical, such as in all contact sports, military/ballistic applications, hazardous work environments and medical (post-transplant and surgical protection) applications. For more information please visit www.zoombang.com or email bizdev@zoombang.com
About Code Green Apparel
Code Green Apparel Corp (OTC PINK: CGAC) is dedicated to becoming an industry leader in Sustainable Textiles by providing corporations with Corporate Logo Wear, Uniforms and other Sustainable Textile products. Management boasts over 75 years of textile experience in the apparel industry and intends to be disruptive in the market. Their wide range of products meet the high-quality demands of consumers today whiling leveraging upcycled fabrications to make positive impacts on the world we all live in. For more information please contact (888) 884-6277 or george@codegreenapparel.com
Company Disclaimers: As a "penny stock" company, within the meaning of federal and state securities law, Code Green Apparel may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, Code Green Apparel provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to the risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment.
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission.
Paul Marsh
ZB Holdings
+1 877-966-6264
email us here
Right, Turntheship, the penny warrants are a death knell.
The amount of warrants received is amazing.
Still holding on for some reason....
Just another CEO making a "pivot"
Company has so much potential.
GLTA
Just checked the OTC Markets page and the quarterly filings have been posted for last 9 months.
Looks like there may be a pulse here!
GLTA
Need new management. Jack Morris and Brian Tucker are ineffective (and thats being nice). Nothing on the website is accurate.
GLTA
Just got a "SHELL RISK" placed on OTC Markets listing
https://globenewswire.com/news-release/2018/04/11/1468445/0/en/Incumaker-Inc-Announces-Merger-With-uBid-Holdings-Inc.html
ATLANTA, April 11, 2018 (GLOBE NEWSWIRE) -- Incumaker, Inc. (OTC Pink: QMKR) announced today that it has entered into an Agreement and Plan of Merger with uBid Holdings Inc. (“UBID”), whereby UBID would merge with and into Incumaker and Incumaker would be the surviving corporation. Under this Alternative Public Offering, or “APO” transaction, shareholders of UBID would own 90% of the issued and outstanding shares of Incumaker of the newly combined company that will seek to change its name to “uBid Holdings Inc.” as well as its ticker symbol post-merger to better reflect the company’s new technology related business model. Under the terms of the merger agreement, UBID’s current officers and directors would become the officers and directors of the newly combined company.
Ketan Thakker, UBID’s Chief Executive Officer, a position he will retain following the merger with Incumaker, stated: “The consummation of a definitive agreement to merge represents another significant step in recapturing value for our stockholders. Our management believes that the APO will offer UBID greater visibility within the marketplace and increased access to much-needed growth capital. Over the coming weeks, our singular focus will be taking the necessary steps to close the contemplated transaction and increase shareholder value for both shareholders of UBID and Incumaker.” Darren Bankston, CEO of Incumaker, commented: “After reviewing many merger candidates over the past six months, I feel that uBid Holdings, Inc., and, in particular, Mr. Thakker and his team, represent the best option for Incumaker and its shareholders. I am extremely impressed with what I have learned about uBid Holdings, its growth plans and its very impressive and seasoned incoming board of directors. This merger represents a very exciting time for all parties involved.”
Under the terms of the Agreement and Plan of Merger, Incumaker and UBID must close the merger by May 31, 2018. The closing of the transaction is subject to UBID completing one acquisition and having the financing to consummate a second acquisition of target companies and other customary conditions, including approval by the shareholders of both companies.
About uBid Holdings, Inc.
uBid Holdings, Inc. (“uBid” or the “Company”) is an e-commerce company focused on operating a growing number of online auction and bargain-sale e-commerce marketplaces offering thousands of products to both consumers and businesses. uBid provides a unique shopping experience that offers buyers the opportunity to either set their own prices or receive competitive fixed prices on popular, brand name products at a significant discount to prices found at bricks-and-mortar stores and large internet retailers. The Company’s online marketplaces provide manufacturers, retailers, distributors and other suppliers with an efficient and economical channel for maximizing revenue on their merchandise while at the same time moving new, overstock, close-out and recertified products and providing consumers and businesses with a convenient method for obtaining this merchandise virtually anytime and anywhere at substantial savings. uBid currently operates through its internet site, uBid.com, which the Company’s management believes was one of the first and remains one of the most recognized names among auction sites and currently features a rotating selection of computer products, consumer electronics, watches, jewelry and gifts, sporting goods, collectibles, home goods, travel and fashion products, which typically sell at significant discounts to prices found through traditional retailers. The Company operates its online auction and bargain-sale marketplace 24 hours a day, seven days a week, 365 days a year, currently offering unique merchandise on its sites.
Guys, new to this board but help me understand.
There is $1.4 million in convertible debt that converts at 50 to 75% discount to market and this is a good opportunity? Doesnt this represent over 3 billion more shares? Can we get this debt holder to be more investor friendly?
No free shares under authorized so a reverse or additional shares need to be added.
Just trying to understand situation.
GLTA and Happy Thanksgiving
Press Release and contact information
Mountain High Acquisitions Corp. Offers Turnkey Solutions to Help Licensed Cannabis Growers Minimize Risk and Optimize their Business
https://finance.yahoo.com/news/mountain-high-acquisitions-corp-offers-121000717.html
Alan Smith 760 413-3927
Rick Stifel 303 358-3840
D9 Manufacturing (partner) http://d9mfg.com/
Great to see it go up.
Has FF been bought yet?
Also never saw any follow through on the news that they hired an auditor in November 2016. Anyone?
This deal is toxic
Chris Jensen is toxic and a criminal. Rick Wilson is his puppet and follows his every direction.
No chance this can be audited or that the mine deal is truthful.
Beware.
GLTA
Who are the debt holders in this company? Does anyone know who Post Oak is? Is Union Capital in this as well?
They are the form T trades. Never a good sign when they start to sell....
Looks like it got picked up on Marijuana Weekly Stock Reporter
www.microcannabiz.net
I think Future Farms is making a big difference here.
GLTA
Mad Hatter, you may want to read the quarterly reports before stating that this company is profitable.
KSIX lost $ 750,000 in the March quarter of 2016
We have already covered the fact that the free trading (or able to be free trading) is over 5 million.
So....check your facts
Have a good day.
Sahjandr,
Good and accurate read here. Its a shame that Carter has surrounded himself with guys like Ted Campbell and Ed Winfield. His operating company is solid - his cap structure is scary.
Stock could easily be $ .01 as TCA has a make whole on their advisory agreement!!! WTF
Lets get clarity here on the float.
From June 2015 10Q
On April 27, 2015, the Company had 3,114,812 common shares outstanding when they issued 28,000,000 shares in the acquisition of Ksix Media, Inc. On May 18, 2015, the Company sold 930,000 shares for $75,065 in cash. On June 4, 2015, the Company sold 1,053,100 shares for $85,000 in cash.
So, there was 3,114,812 (not 2 million) shares outstanding plus an additional 1,983,100 from the financing above.
So the float is approx. 5,000,000
MadHatter, you are clearly not familiar with TCA and their selling actions. You should be very happy you haven't crossed their path
Zero dilution? Read about TCA Global deal....
The most dilutive group in the country!
Management is getting bad advice from the Ted guy and others.
HAHAHAHAHA Its only thin because Chris Jensen hasnt sold any stock yet today.
Big Piece of Shit. They have nothing and are scam artists.
Good luck, but I would suggest to run run away.
Probably a pump after they find the money to get current. Maybe they will sell enough EXMT through VNDM to pay for the past due bills!!!
Pathetic.
Ok, Thanks. Hoping for the best!
Scam Announcement, paid promote, Chris Jensen and Rick Wilson sell.
It is a tired scam boys....please grow up!
I think it should be later today on the trading. I see the market makers slotting in.
Anyone know anything current on this one?
ForReal, thanks for the clarification.
Rick Wilson, Chris Jensen and Larry Robertson's lies keep coming.
I just noticed that in the filing that they owe $ 1.36 million in accrued salaries!! WTF? These clowns are bilking 3 or 4 other companies for the same fees and doing nothing.
I cannot believe they are not in jail.
So how do we get Chris Jensen, Rick Wilson and Larry Roberston to hand over the reins to someone with some ethics and intelligence?
They have done NOTHING to help anyone but themselves.
Superdude, really? $ 400 dollars worth of stock traded. Company is 3 quarters late in filing, has no business, and the guys running it- JEnson, Wilson and Robertson - are crooks.
I learned my lesson and bailed on this POS.
They are company killers unfortunately.....
So frustrating. I think its a legitimate company but their lack of access and poor communication is really hurting us shareholders.
In my opinion, they need to stop accepting conversions from their A##hole debt and preferred holders.
Selling begets selling.
VNDM is 33% below the next ask.....
Randy
Totally agree. Just hate to see Vndm on the offer as they are only for liquidation purposes, so Rubicon, or someone else is just selling. If vndm leaves (and isn't replaced with bkrt or some other schlock house) then we are in the clear.
I fear this is a complete scam. John Shebanow was involved, which brought in Chris Jensen, Rick Wilson and the rest of their group.
The incessant selling is so smelly and reeks of fraud.
I want this to be successful as I am very long this stock at much higher prices. No more money to double down even at this price.
If anyone have insight that will help us longs please share it.
GLTA
Anyone have any information on this company?
I heard about it recently. any news would be welcome.
GLTA
Chris Jensen pulling strings in the shadows, combined with Rick Wilson and Larry Robertson being the criminals that they are.
We have all lost alot of money.
How do we stop this madness?
Rick Wilson, Chris Jensen and Larry Robertson
Does anyone know if they are in jail yet? Complete fraudsters.
This deal will fail like everything else Mr. Alonzo Pierce has been involved with. He leaves a trail of crap behind him.
We have been dealing with a convertible in the balance sheet that has a very very conversion price - I think its called the Morrison Note. So slimy. Wish I read the filings before investing in this POS.
Just found this board - wish I had seen it before I invested. From what I have heard this Rick Wilson and Larry Robertson guys are just bad. Seems like they should just move on as it seems none of their claims have ever come true.
Does anyone out there have a relationship with management or a good working knowledge of this company? I am new to the stock but now I wish I hadnt taken a position given the downward pressure.
Any and all feedback appreciated.