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#6 ON BREAKOUT BOARD MORE EYES nice churning going on here TSOI
SUPER LOW FLOAT WILL RUN HARD TSOI
.005 plus TODAY... TOMMRROW THE REAL FUN BEGINS :) TSOI
.01 plus coming.... :) TSOI
Interested in seeing how the next 6 months unfold without Dilution.
LOL looking forward to adding some more shares tommorrow!!
Looking forward to it.
ONCI
No you took the opportunity to turn something in to what you chose to believe.. Again opportunity is running wild in ONCI.
https://backend.otcmarkets.com/otcapi/company/financial-report/223377/content
You short it ill go long. To each their own, but at least we can agree ONCI has Opportunity for all type of traders and investors.
ONCI
Looks like shares are drying up. Interested in seeing how the next 6 months unfold without Dilution.
Thanks for clearing that up..
ONCI
Looking for the next leg up..
Good to see you here too MFN
Guess he does want somebody else to do the DD for him lol
Good to see you here too, yes looking good here
News Out
Miami, FL, June 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Lans Holdings Inc. is pleased to announce that Global Stem Cells Group Inc. (GSCG) www.stemcellsgroup.com has opened two new stem cell offices, one in Valencia, Spain and one in Cochabamba, Bolivia. This brings the total number of global Stem Cell centers to 36 worldwide in 27 countries.
The new clinic in Valencia will be the group’s third operation in Spain and the fourth in Europe. The Global Stem Cells Group’s Valencia center joins the already existing centers in Spain, which include locations in Bruselas, Madrid, and Barcelona. In opening the new center, GSCG has signed an agreement with Dra. Caicedo, a specialist in hair loss treatment with an interest in delivering stem cell based treatments to her patients in Valencia.
The Cochabamba clinic will be the first of its kind outside of the US that will provide a comprehensive range of treatment options for patients suffering from degenerative conditions. Backed by Dra. Vargas and her team’s expertise, patients will have access to treatments via autologous stem cells, exosomes, and heterologous mesenchymal stem cells derived from umbilical cord blood. The center will feature a storage facility that meets the highest industry standards to be able to store exosomes and MSCs onsite, giving patients and doctors more convenient and faster access to critical treatment options.
Lans Holdings is currently working to bring all of its financials current and expects this to be completed and filed with the SEC within the next 90 days.
For more information on Global Stem Cells Group please visit: www.stemcellsgroup.com
Further information on the Company can be found at www.sec.gov and the company's website at www.LansHoldings.com.
Forward Looking Statements
Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the closing of the share exchange agreement. The words “plan”, "forecast", "anticipates", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Lans Holdings Inc., herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Lans Holdings Inc. disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.
About Lans Holdings Inc.
Lans Holdings offers payment solutions. The Company makes it easy for sellers to start selling, and buyers to buy with confidence. The Company plans to process credit card payments online. In time, the Company hopes to be known in the industry as a secure and reliable source of payment processing. With the Company's breadth of business structure experience and technology consultants, the Company aims to help projects and companies grow.
For further information, please contact:
investors@lans.holdings
Telephone: +1.786.789.5758
Lans Holdings Enters into Binding LOI to Acquire Global Stem Cells Group
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May 28, 2019 08:00 ET | Source: Lans Holdings Inc.
MIAMI, FL, May 28, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Lans Holdings Inc. (OTCPink: LAHO) is pleased to announce that it has entered into a binding letter of intent to acquire 100% of Global Stem Cells Group Inc. (GSCG).
GSCG operates in the global stem cell market which is forecasted by Transparency Market Research to reach $270 billion dollars by 2025 of which roughly 40% or $100 billion will be derived from outside of North America and growing at a 13.8% compounded annual growth rate.
GSCG specializes in leading-edge stem cell research, patient application and physician training. The company licenses its name and intellectual property to physicians around the world and supplies them with necessary equipment and medical supplies to perform stem cell treatments. The company currently has one of the largest member clinic networks in the world spanning over 25 countries.
“We are very pleased to have entered into this binding LOI with Global Stem Cells Group,” said Dave Christensen, CEO of Lans Holdings Inc. “This transaction represents a significant opportunity for our company to enter the explosive field of Stem Cell technology with a proven and seasoned team and I look forward to working closely with GSCG to execute on their growth plans.”
“We are excited to join forces with Lans Holdings,” said Benito Novas, President and CEO of Global Stem Cells Group. “This union will allow us to have access to the capital markets to further fuel our growth as the global stem cells market enters into an accelerated expansion phase.”
About Lans Holdings Inc.
Lans Holdings offers payment solutions. The Company makes it easy for sellers to start selling, and buyers to buy with confidence. The Company plans to process credit card payments online. In time, the Company hopes to be known in the industry as a secure and reliable source of payment processing. With the Company's breadth of business structure experience and technology consultants, the Company aims to help projects and companies grow.
Further information on the Company can be found at www.sec.gov and the company's website at www.LansHoldings.com.
Forward Looking Statements
Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the closing of the share exchange agreement. The words “plan”, "forecast", "anticipates", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Lans Holdings Inc., herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Lans Holdings Inc., disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.
For further information, please contact:
investors@lans.holdings
Telephone: +1.786.786.5758
After hours today - tweets re announcement Monday/Tuesday
We were informed of the government approval last week directly from SEMARNAT's office. https://www.progreenus.com/business-update-16/ … #CieloMar #BajaResort
4:14 PM - 5 Apr 2019
Though we have been assured that the documentation signed in Mexicali has made it through the proper desks or departments, and the notification posted for delivery, it has not yet made it to our office in Ensenada. #CieloMar #BajaResort
4:15 PM - 5 Apr 2019
We now expect to receive on Monday, no later than Tuesday. Once received, we will make our announcement with additional details. #CieloMar #BajaResort
4:16 PM - 5 Apr 2019
After hours today - A/S increase as expected
From 1.25B to 3.0 B, room to work with current obligations and possible future issuing of shares for investments or whatever. It's a quick/easy read here https://www.otcmarkets.com/filing/html?id=13348950&guid=ykB3UnDRtfsOXyh
Going to take probably 4-6 weeks before this can be done - notice the 20 days plus whatever time it takes to prep and send out the notices and also get notice to Delaware etc.
Okay, since you're a financial genius, knowing so much about penny stocks - progreen being the first and only (and last, as you say) penny stock you've ever invested in - please do tell us what broker in Sweden will let "Euros" buy and sell penny stocks as easily as we can with our Schwab or Etrade or TDameritrade accounts here in the US. Better yet, tell Jan, I'm sure he'd like to get back to friends and family and let them know how easily they can buy shares on the open market.
lol seems more and more that I can actually make sense give facts and links and contribute something rather than personally attack and throw insults at others daily.
I'm not sure what you mean.
In any case, he's still paying nearly 3x the market price.
I think you might be onto something here. I was just thinking about what you said - preferred or common?
I'll bet that's how he ended up paying 0.0033 per share - he must have bought preferred shares. The preferred A shares convert to common at 0.0033 per share. Frederic already had 100,000 preferred A shares and they convert to the 30,303,030 common shares. You can see these numbers in that pic from my last post about this.
Easy enough to do the math, divide 30,303,030 common shares into the 100,000 preferred shares (they have a stated value of $1 per share) and you get the 0.0033 which is the price he and Jan and Ulf paid back in Feb 2016 when they each did those $100K subscriptions. So must have applied that $50,000 loan to buy 50,000 preferred A shares with that loan money. Clear as mud, right :)
Don't get so excited, you're scaring me lol.
I wonder if anyone else is connecting the dots here, or if newbies are just blindly waiting for "it to pop!" so they can flip for beer money.
from the 8K filing today:
This is Frederic Telander, who apparently loaned the company $50K and then decided that he wanted shares instead of repayment with interest. It says right in the 8K from today that this is converting the loan that was stated in the subsequent events note 12 from the 10Q.
from the 10Q:
I posted this previously that I found from google search:
I compared the SactumAB info with the info from one of the financial reports(from one of INSTA's tweets), and the address matches with Frederic.
This is NOT a toxic note. He paid 0.0033 per share for (I calculate) just over 15 million shares! Frederic Telander is the nephew of Jan Telander (our CEO) and he used to be the CEO of Soltech Energy in Sweden. The website shows someone else is CEO now.
I don't know why he paid higher than the market price, but I do remember Jan either told me on the phone or he said it in one of the podcast interviews that his friends/family can't easily buy or sell OTC stocks in europe.
Well anyway, those are the facts, and another investment from the Telanders AT ALMOST 3X the market price at the time (around 0.0012) says a lot to me about their confidence in the business. If Frederic had any concerns at all, do you think he'd convert his $50K to shares???? At almost 3x market price????
I don't know why you keep going on with this nonsense about if there's an AS the bottom's going to drop out and it's the end for all shareholders. Get a clue, there HAS to be an AS increase, there's GOING TO BE an AS increase and EVERYONE ALREADY KNOWS IT. Except you, apparently. That's what the filing was about at the end of Feb, and there's notes all over about it in the 10-Q that just came out. Wake up.
With the gov approval, the company's worth a ton more than anything near this price range, so if you're worried about an AS increase, just sell. Someone will buy your shares, it's no problem. You're green now, right? Who knows, we could see a filing for the shareholder notification any day now telling about the AS increase. Of course there's some 20 day delay for a notification mailing and some kind of filing to make it effective, so you might have another 30 or 40 days after we hear about it before it is done.
But as others already pointed out, an AS increase means nothing in the scope of this situation. PGUS is extremely undervalued at this point. Getting that written confirmation of the government approval is the key to everything.
With the project approval, we'll get the funding closed. And we've already been told in the 10Q that a $2.5 million bridge funding is supposed to close in April. Gee, it's all starting to make sense now, isn't it!
We get that funding, whatever is left of the convertible notes will likely be paid off, as Jan originally intended. I'm sure he'll work out deals with them to do that. But that's not the most important thing. With the HUGELY IMPORTANT government approval and the first $2.5 mil funding Jan is able to get something started and launch Cielo Mar sales and break ground on the infrastructure work - and we're in a much better position for getting the larger funding that Jan's talked about, PLUS early sales to investor types (and whatever EXIT does above and beyond investors types) will also be funding the development. Just read the feas overview PDF on the website.
The AS will be increased for giving the private placement investors their true up shares, among other possible uses that PUBLIC COMPANIES use their stock for - raising capital for funding their operations, growth, expansion or acquisitions.
from the Jan31 10Q:
Agreeing with you, tigerpac.
We now have visibility into the funding situation, more than Jan's been able to give in past filings and updates.
People keep screaming about Jan not giving any information, and so what happens? He gives us more info and it's the same complaints, and they want to paint it as negative. For example, "Two different loans have now fallen through." I say bullcrap, that's not true.
Here's what we have:
All along, we've been told that the company has engaged CMN... is STILL engaged with CMN... and now we see the first detail about what seems imminent, with a $2.5M loan closing in April.
Clearly some here have their own reasons for spinning information negatively, but facts are facts.
1. In the 8K filing: "Engagement of CMN Funding for Bridge Financing - On September 5, 2018 ProGreen engaged CMN Funding (the “Lender”) under the terms of their August 31, 2018 Letter of Interest for a three-year $5,500,000 financing (the “Loan”) secured by a first mortgage lien on our Cielo Mar property in Baja California, Mexico."
https://www.otcmarkets.com/filing/html?id=12951069&guid=_Om3UH5OPh4qKth
2. Recent Blog Updates: "In regards to questions concerning status of the bridge funding, the company is still engaged with CMN as previously disclosed. The process is ongoing, but the funding has not yet closed."
3. From the 10-Q this week: "We (are in) executed a term sheet with a firm for a bridge loan in the amount of $2,500,000. This loan is for 36 months at an interest rate of 9.25% fixed. The anticipated closing date for funding is April 2019."
4. From the blog update today: "As stated, we are expecting to close on the first $2.5M tranche of the bridge financing in April. We elected to go with this particular offer, as it will not encumber the land asset before the next tranche, which also provides more flexibility for progressing to the larger funding."
This $2.5M loan IS the second loan plan, and there is ONLY ONE loan commitment that Jan terminated after it became clear to him that they weren't going to deliver (and probably never intended to deliver).
A "letter of interest" doesn't define the end result. The end result apparently is the FIRST TRANCHE of something more than $2.5M. If they're only closing on the FIRST TRANCHE of $2.5M, okay, that's ALL we can be sure of at that time, though it does appear that there is more to come after that.
Funding for a small public company is not easy. And not easy to fund projects in Mexico. I say Jan deserves KUDOS for terminating that first loan deal when he did. Imagine if he held out longer, "hoping" that it would actually work out - as many loudmouths criticized him for losing thousands of dollars when he terminated that deal. We've been in this SECOND loan deal far longer than that initial loan deal - which should give some confidence that this one is actually happening - and we now have a dollar amount, general terms of the deal, and a general timeline.
So now we hear the complaints get louder. Well, of course. Gotta get their shares, real soon.
For those making idiotic claims that Jan's making money while "we" suffer, refer to my last post where the Telander's just came up with another $50K for a straight loan - nothing toxic about that, and it's the exact opposite of sucking money from the company while retail shareholders suffer. Instead, they're coming up with ways to get money to the company to make things work while others are conspiring to tear it down so they can make a few bucks flipping for a few ticks.
Taking payments on the credit line loans that he put up as far back as fall of 2016 that are WAY past due??? Yes, he's taken some payments. He took a pay cut in 2017 (down to $11,643 for the fiscal year 2018), so where's he supposed to come up with the cash to pay for some of the significant changes that he underwent FOR THE BUSINESS as well as living expenses? Moved from Detroit to San Diego, but lives mainly in Ensenada, where he bought a home (look it up). Looks like he had a housing allowance to pay for (my guess) one of the locations, but that was discontinued along with his salary sometime in 2017 - look it up in the 10-K for YE 4/31/2018. And - it's HIS money. Personal money that he put up, as a loan. It's past due. This is a public company. And aside from all of that, you KNOW he's also putting his own butt on the line for some of these alternative funds sources. They don't give loans without personal guarantees. I think I also saw that he had to personally guarantee other loans (maybe even the bridge loan, from that 8K filing with the terms, not sure).
From the YE 2018 10K:
Looks like the Telanders came up with another $50K to hold us over, maybe until the bridge loan closes.
from subsequent events:
The 10-Q wasn't due until 3-18.. so with NT file the company has until Saturday which means company has to file by 3-22 or may have until Monday due to the weekend.
10Q is due 45 days after last day of qtr. 45 Days after Jan 31 is 3-17 If it falls on weekend or holiday, you have until the next business day. NT may be different, not sure. Defined as 5 calendar days, but not clear if you get the same 'next business day allowance.