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HAHAHA "large marketing campaign"..... print ads on pizza menus & mail/newspaper circulars.
Can you imagine??? In the year 2019 and THIS is the launch of their marketing campaign. Really exhibits TOTALLY CUTTING EDGE EXPOSURE/MODERNIZATION & INTERFACING hahahaha!
But then again, I guess this is what those "massive revenues" of $1,800 can afford.
WOW. Just WOW.
Your pinned post at the top of the board literally starts by saying "$RBII Is A Scam & Delinquent Shell" so...
In the case of companies claiming to be "marijuana" plays, it's very easy to seek out resources for solid info because local, state, & federal laws are VERY clear about marijuana growing/production/processing/retail selling and the records & information that are readily available on public record or through that state's medical marijuana program offices or websites. You can easily locate the outreach & advocacy agencies in the states where the companies are making claims they are doing "business" and find out a LOT in a hurry as well.
Actually I can't disagree with your very sound statement there. Honest agenda is to pop in here every so often to warn new folks like I stated. You know there are people who do base some decisions from these boards, and may not seek info elsewhere. Sure it's on them to make those choices, but a person's inexperience or over-enthusiasm shouldn't be a punishment.
I don't think warning unaware people about the dangers of putting their money into RBII is a waste of time.
WOW being a CEO is a "learning experience" ?????? GREAT COMPANY.
Great reply, full of facts & information and maturely well thought out and written eloquently. Thanks!
I don't hold the stock. FULL DISCLOSURE.
So when are the "financials" coming? Let me guess....soon? And "the best is yet to come" right?
AVOID! RBII has a STOP sign on OTC....
RBII has a "STOP" sign on OTC Markets. You can go to their website and see for yourself. Here is their DIRECT QUOTE what that means.....
"Indicates companies that are not able or willing to provide current disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.
Warning! This company may not be making material information publicly available
Buying or selling this security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties."
That doesn't list the address of an Ohio laboratory. Where is the address? A clinical research or development laboratory is subject to public disclosure laws regarding health & public safety matters in the state of Ohio, especially in the case of "on site testing". That is a FACT. So why are there NO laboratories on public record with their name or the name of any person on their "team" in Ohio? Why doesn't IR respond to these questions either?
What's the address of the "super research lab" ? Potential investors would love to know I'm sure.
There it is!
THE ONLY FACTS YOU NEED FOLKS......
I originally came to this stock awhile back looking to make a buck too. It didn't take long or much digging at all to see what is really going on.
AND......
RBII has a "STOP" sign on OTC Markets. Here is their DIRECT QUOTE what that means.....
"Indicates companies that are not able or willing to provide current disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.
Warning! This company may not be making material information publicly available
Buying or selling this security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties."
YES I am continually doing due dilligence. There are FOUR dispensaries that opened in Ohio on January 2018 in Steubenville, Canton, and Sandusky AND THERE IS NO CANNOPHEN THERE. I've travelled to those dispensaries, have you? I travel to many dispensaries in the northeastern United States on a regular basis. Where are you getting your information? Have you called CY+ in Ohio and asked them if they stock Cannophen?
Last year you stated RBII wasn't a producer/processor, just a "licensing" company.
Are you now stating they are seeking manufacturing or processing or distribution licenses?
So you are saying there will be MANY specific DIFFERENT versions of Cannophen, each containing different strains? WOW that's digging the hole even deeper for expectations you are putting on this company. Good luck and let us know when to expect all these versions of Cannophen to hit the market, because it didn't at the "end of Septeber 2018" as the company itself stated.
I'll come back in 3 months like maronti suggested. And you can all show me how wrong I am then too.
Hey believe me I'd like to know where their marijuana products are as well!
Let's see if the company can prove me wrong. Where is the marijuana based Cannophen?
Great news! Except RBII has ZERO cannabis products. At best you can hope for something produced from hemp derived CBD, and there are literally thousands of those such products already on the market.
And what are the revenues those clinics are producing? Are those clinics selling RBII products?
What's coming? Because it certainly isn't actual marijuana based products. The facts speak volumes. Sure I'll be glad to come back in 3 months and provide more information so good people don't put their money into this one! Thanks for the invite!
I'm posting facts & information like I always have in the past. What are you doing?
SERIOUSLY people are still watching this stock?????
STILL ZERO ACTUAL MARIJUANA PRODUCTS DESPITE YEARS OF TALK & PROMISES.
'll repost this in case anyone has anything they'd like to add to the list....
Come on now let's get real....there is ONE product on Amazon with 18 reviews, and Cannophen is likely to be a retail CBD product (meaning derived from hemp not marijuana). There are already TONS of such CBD quick buck products everywhere, I have even seen them in some gas station convenience stores.
The day this company puts out a product that is ACTUALLY a MARIJUANA PRODUCT or a cannabis derived CBD product, then maybe eventually there will be revenues.
BUT don't look for profits until:
1. PAOG asset acquisition costs are recouped (we don't even know what the assets are)
2. building a laboratory in Ohio construction costs are recouped
3. the cost of hiring, "training", and paying their chemist in Florida is recouped
4. cost of buying & remodeling Pittsburgh "facility" is recouped
5. cost of hiring a "professional PR firm" are recouped
6. cost of hiring a professional firm "to become a fully audited & reporting company" are recouped
7. cost of testing ginger menthol pain cream with ABICH are recouped (TSW on sale nowhere currently)
8. cost of peptide scar serum production are recouped (currently only for sale on Amazon)
9. costs of establishing a new business entity in Canada are recouped
10. I don't even what to say about the costs they are implying with whatever Cannophen actually is are recouped
11. the costs of their trips to California, Arizona, Ohio, Pennsylvania etc to "seek licensing" are recouped
I disagree...there will be a commercially legal hemp CBD Cannophen dumped on the market just like all the other gray area "CBD" products you can already buy in gas stations, vape shops, online and elsewhere. This company has ZERO marijuana products.
Months ago several supporters in this group tried to deflect doubt by stating RBII isn't even a pharmaceutical or marijuana company (!), that this is a "licensing" play. Meaning the company would not manufacture or produce marijuana into "Cannophen" but would only seek to license it to other companies.
So the fact there is NO licensing after all this time just proves no other company in their right mind would pay to produce or sell "Cannophen" for RBII. Because there's nothing proprietary.
At most, this is a company putting out vanity products (serums, menthol pain creams, etc.) with just enough effort to appear "legitimate" to flirt on the edge of the marijuana sector.
BUT HEY HOW ABOUT THOSE "MASSIVE REVENUES" FROM THAT GROUNDBREAKING SCAR SERUM BEING SOLD ON AMAZON?
What licensing agreement deal specifically?
Why would anyone want to call him when the statements their company has made have already proven to be very misleading? Who would want to listen to anything any of them has to say?
NO RESPONSE....
I have been writing to RBII investor relations as well for about a year and have never once received a response. A loss on their part...when I first got here to this one it was a possible pick for my investment club! I guess I should be grateful, they could have sucked up a lot of our money!
They will probably "deliver" on the promise with a hemp derived CBD Cannophen. They have zero marijuana products, and it's hard to see if they ever will.
1. No
2. No
3. No
4. Yes
I just stated facts, sometimes that upsets people.
I stand by the list of statements the company made, and the fact there are many costs to cover prior to company profits. Nothing else to say about that, you're welcome to keep on and have the last word.
HA! How is stating there won't be profits until the company covers costs from all of the actions they have stated in their PR's and audio interviews "OPINION"?????? Wow! I didn't just make up those statements, those are exact actions the company itself has proclaimed. You're funny!!!! Good one!
I'll keep reposting it as often as possible, for those here who are thinking of this as an "investment" and not just a pinky flip turd. Why do you have a problem with that? What did I list that is disputable? Everything I listed is taken from the company's words.
I'll repost this in case anyone has anything they'd like to add to the list....
Come on now let's get real....there is ONE product on Amazon with 18 reviews, and Cannophen is likely to be a retail CBD product (meaning derived from hemp not marijuana). There are already TONS of such CBD quick buck products everywhere, I have even seen them in some gas station convenience stores.
The day this company puts out a product that is ACTUALLY a MARIJUANA PRODUCT or a cannabis derived CBD product, then maybe eventually there will be revenues.
BUT don't look for profits until:
1. PAOG asset acquisition costs are recouped (we don't even know what the assets are)
2. building a laboratory in Ohio construction costs are recouped
3. the cost of hiring, "training", and paying their chemist in Florida is recouped
4. cost of buying & remodeling Pittsburgh "facility" is recouped
5. cost of hiring a "professional PR firm" are recouped
6. cost of hiring a professional firm "to become a fully audited & reporting company" are recouped
7. cost of testing ginger menthol pain cream with ABICH are recouped (TSW on sale nowhere currently)
8. cost of peptide scar serum production are recouped (currently only for sale on Amazon)
9. costs of establishing a new business entity in Canada are recouped
10. I don't even what to say about the costs they are implying with whatever Cannophen actually is are recouped
11. the costs of their trips to California, Arizona, Ohio, Pennsylvania etc to "seek licensing" are recouped
Am I forgetting anything the company has told us they are doing ???
You'll never see them. Why would you? Why would you expect to? No requirements for them to account, and their claims of "soon becoming a fully reporting company" are laughable.
Did you purchase your $50,000 worth of shares yet?
ZERO marijuana products. Read the testing results of their next flagship product TSW cream - it's a giner & menthol rub. NO MARIJUANA INGREDIENTS. None.
How do people still consider this part of the "marijuana sector" ???
The good news.....is we have a very transparent and interactive community based initiative here in Pennsylvania, so I will be certain to inquire with the outreach commission and the PA Attorney General about these proposed "clinics" in the near future.