is...not in
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Mike posted a video of himself on the farm:
https://www.instagram.com/p/BWjTZLtlOLL/
I was gonna buy in here until the company blocked me when I tried to follow them on Instagram... These folks have a strange understanding of what "investor relations" is.
Fiore Exploration : FINANCING UPDATE
traders
http://www.4-traders.com/ROUGE-RESOURCES-LTD-2321779/news/Fiore-Exploration-FINANCING-UPDATE-24756067/
Release date- 13072017 - Vancouver, British Columbia - FIORE EXPLORATION LTD. (TSXV: F.V) (OTCQB: FIORF) ('Fiore'). Fiore is pleased to announce that is has amended the terms of its subscription receipt financing which was previously announced on June 15, 2017 to now include a share purchase warrant.
The financing, which is being done concurrently with Fiore's business combination with GRP Minerals Corp consists up to $17 million of subscription receipts. Each subscription receipt will convert immediately prior to completion of the business combination into one unit of Fiore, each unit now consisting of one common share and one share purchase warrant exercisable for a period of three years from completion of the business combination into a common share of Fiore at $0.45 per share.
The net proceeds will be used for expansion of the Pan Mine leach pads, drilling at both Pan and Gold Rock, general corporate expenses, working capital and production expansion. Proceeds from the financing will be placed in escrow pending completion of the business combination and satisfaction of the escrow release conditions.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act') or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
http://www.4-traders.com/ROUGE-RESOURCES-LTD-2321779/news/Fiore-Exploration-FINANCING-UPDATE-24756067/
There's lots of pipe there, it looks like they're getting ready to install the irrigation.
These are cool pictures of the farm:
https://twitter.com/CaliPharms
There's also this article out today:
Why The Focus Is On G-Pel International Inc (OTCMKTS:KGET)?
https://www.mmjobserver.com/why-the-focus-is-on-g-pel-international-inc-otcmktskget/28835/
G-Pel International Inc (OTCMKTS:KGET) presses forward instituting itself as a pioneer in California cannabis cultivation. Pacific Cannabis Growers, Inc. and CaliPharms was released on May 15, 2017 a mixed-light grow license by the County of Humboldt. It marks as the 21st commercial cannabis license given by the county of Humboldt out of almost 2,400 contenders. The allowed asset has been prepped and the crops are on the ground on the asset.
The details
Bo Linton, the President of CaliPharms, reported that this license being released to their subsidiary is an extremely vital milestone for company. This license is a clear indication that their firm and its management is a pioneer in the cannabis market. Why were they given the license ahead of all the other contenders?
The answer is easy, because they are doing everything efficiently and properly. He anticipates the same outcome from their crop yields when the time comes. As of now, they will continue to expand their team and focus on performing everything efficiently within California and under the state’s regulations.
Linton further added that he is looking forward to reporting further developments for G-Pel very soon. The firm is advancing its operational presence in California and is seeking to develop aggressively as the MMJ industry grows further in California.
PCG has already closed fencing construction and has bought a diverse plant stock for this season. They are actively instituting the grow site to exploit on the 2017 cultivation season. The company anticipate to have numerous great harvests this year.
In the last trading session, the stock price of G-Pel jumped more than 100% to close the week at $0.00020. The gains came at a share volume of 18.11 million compared to average share volume of 100.44 million. After the recent decline, the market cap of firm now stands at $645,770.
https://www.mmjobserver.com/why-the-focus-is-on-g-pel-international-inc-otcmktskget/28835/
It might make sense for YOU to go back and re-read the newspaper article that I linked here the other day :).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132677704
West Sac Management isn't THE collective, it is part OF the Yolo Botanticals collective.
If Josh is the owner and Daron is the CEO, then it wouldn't be unreasonable to use Josh's mailing address, would it?... And if Deyren is doing that to evade authorities, then it is a terrible alias, I give authorities more credit than you do apparently :). And I wish you wouldn't use all caps for entire paragraphs, as they are harder to read and I tend to ignore those parts as I assume they're nothing but irrelevant exclamation :).
If you want my opinion as to why there are two different names, I have the same theory that I had with Country Junction Farms.
In that case, I suggested that Cipriano created the "West Sac Management Company" to control the remaining 49% of Country Junction Farms.
In this case, I'm guessing that Josh is using "California Cannabis Growers Networks" as the company that controls the remaining 49% of "Pacific Cannabis Growers".
Daryen Stidman, Deron Stidman... Country, County... You guys keep basing your conspiracy theories on the silliest things. The way you kept calling it a "phony name", I expected something a bit more nefarious than a simple misspelling.
Here's the link to the permit:
https://lostcoastoutpost.com/loco-media/loco-media/blog/post/18406/ZCC-16-135%2B%2BStaff%2BReport.pdf
I see that the applicant company goes by two different names: "Pacific Cannabis Growers, Inc", and "California Cannabis Growers, Inc", with Josh listed as the applicant individual. I see that there were registrations for "Pacific Cannabis Growers, Inc" and "California Cannabis Growers Networks, Inc" back in October of 2015, with the same mailing address listed for both.
What I don't see is how you can make any conclusions at all based on this information. I see a registered name and nothing more. If you have more information about this second company being a separate involved entity, please provide it... But a registered name is nothing.
According to the estimation in the linked PR, the "primary harvest" extends from April to October, and then there's curing, drying, packaging, testing, sales, etc... So it seems like the end of 2017 or beginning of 2018 might be reasonable? Though that's just my guess.
https://www.otcmarkets.com/stock/KGET/news/CaliPharms-Enters-Acquisition-Discussions-with-Northern-California-Cannabis-Farm?id=152799&b=y
Also, if you're going to repeat that conspiracy theory that California Cannabis Growers is a separate entity that owns half the farm, could you please provide links to related PRs and other relevant information that supports your assertion? Thanks.
And Mike remembering the 80s:
https://www.instagram.com/p/BWankcqgV3v/?taken-by=mikeferguson71&hl=en
My thoughts are that you've misunderstood my statements just like you seem to misunderstand pretty much every statement made by Mike, Josh, Bo, and others :).
If you want me to clarify, I will, but my thoughts are that you're "misunderstanding" me on purpose :).
Invictus MD Strategies Corp is undervalued, says Echelon Wealth
http://www.cantechletter.com/2017/07/invictus-md-strategies-corp-undervalued-says-echelon-wealth/
Invictus MD Strategies (TSXV:IMH) is a cannabis producer that should be on the radar of investors, says Echelon Wealth Partners analyst Russell Stanley.
In a research report to clients Wednesday, Stanley initiated coverage of Invictus MD Strategies with a “Speculative Buy” rating and a one-year price target of $2.00, implying a return of 82 per cent at the time of publication. The analyst says Invictus, which has interests in two Health Canada licensed facilities and has a third application in development, is particularly attracive right now due to a recent and sharp downturn in share price.
“We view Invictus as an underfollowed cannabis producer with significant fully-funded growth potential,” the analyst says. “Possible catalysts include expansion announcements, improved financial results, and forthcoming clarity on the regulatory environment for Canada’s cannabis recreational market. Our target price is based on our estimates for F2020, although given the Company’s January FYE, we view its F2020 as essentially equivalent to C2019. We attribute the recent share price weakness to the expiration of the hold period on the March 2017 financing, presenting a buying opportunity for investors.”
http://www.cantechletter.com/2017/07/invictus-md-strategies-corp-undervalued-says-echelon-wealth/
Invictus Poised to Have First-Mover Advantage in Canada’s Legal Cannabis Market
http://www.4-traders.com/INVICTUS-MD-STRATEGIES-CO-26786057/news/Invictus-MD-TSX-V-IMH-OTC-IVITF-Poised-to-Have-First-Mover-Advantage-in-Canada-rsquo-s-Legal-C-24711172/
Retail sales in Canada’s recreational marijuana market could climb to $6.0 billion by 2021, according to Deloitte Canadian, and Invictus MD Strategies Corp. (TSX.V: IMH) (OTC: IVITF) is strategically positioned to grow right alongside this burgeoning market and gain first-mover advantage as soon as Canada’s cannabis market is freed up by the necessary legislative regulations.
Founded in Vancouver, Canada, Invictus MD is a cannabis company that is dedicated to offering high-quality, regulated pharma-grade marijuana for both medical and recreational use using clean and organic production practices. The company represents a platform of licensed cannabis producers located throughout Canada who operate under the Access to Cannabis for Medical Purposes Regulations (ACMPR). The company’s growers are supported by more than 250 acres of production capacity and have total access to Invictus MD’s team of leading horticulturists, biochemists and project managers.
Since its inception, Invictus MD has had its developmental focus on a future time when the marijuana industry will be fully opened into a regulated consumer market. Boosted by legislative progress in Canada, the company has quickly established one of the strongest cultivation profiles in that country, with fully expandable facilities that allow its licensed producers to meet the growing demand for medical cannabis and, soon, for recreational marijuana, as well.
Invictus MD intends to constantly innovate its cultivation process and deploy long-term expansion plans to strengthen its production capacity. In carrying out its strategy for market domination, Invictus MD has completed various shrewd acquisitions that have resulted in huge ROIs (http://nnw.fm/hO3dH). In all thus far, the company has expended $1.1 million in acquisitions and has gained over $4.1 million in disposals.
Invictus MD stands out among very few Canadian cannabis companies that have declared dividends and is well-positioned to become a leader in the legal cannabis space – not just in Canada but globally.
For more information, visit the company’s website at http://www.Invictus-MD.com
For more information please visit https://www.NetworkNewsWire.com
http://www.4-traders.com/INVICTUS-MD-STRATEGIES-CO-26786057/news/Invictus-MD-TSX-V-IMH-OTC-IVITF-Poised-to-Have-First-Mover-Advantage-in-Canada-rsquo-s-Legal-C-24711172/
cannakitchen2016 claims to be "Busy making the all natural main ingredient" for their products... On the Pacific Cannabis Grower's farm.
Video is here:
https://www.instagram.com/p/BWNhYv_FgXc/
If the instagram posts aren't showing up for people, it's likely because you aren't "following" the West Sac Management Company's feed.
https://www.instagram.com/west__sac_management__company/
Here's an interesting article that offers a realistic discussion of marijuana farming...
Oh, and it contains an interview with Cipriano Sulamo, who runs West Sac Management Company, which I think owns (and with luck, operates) the remaining 49% of CaliPharms' subsidiary Country Junction Farms.
http://www.dailydemocrat.com/government-and-politics/20170701/woodland-city-officials-growers-commune-around-cannabis
https://www.instagram.com/p/BWCY4V9gG5Tr_HukSlbtIIY_UjIZfjdxykCPbA0/?taken-by=west__sac_management__company
The weed's looking good... And Mike's still working.
https://www.instagram.com/p/BWDPP63A6s9/?taken-by=mikeferguson71&hl=en
Alberta sees new cannabis producers enter game amid volatility
http://www.calgarysun.com/2017/06/20/alberta-sees-new-cannabis-producers-enter-the-game-amid-volatility
Alberta's latest cannabis growers said Tuesday they remain bullish about the nascent industry despite a major sell-off of pot stocks that has sent share prices tumbling for months.
After submitting its application for a production license four years ago, Airdrie's Sundial Growers secured Health Canada's approval last week, becoming the third legal producer of medical marijuana in Alberta.
The facility west of Airdrie is relatively small for the industry, at 30,000 square feet, but the company plans to break ground in the coming weeks on a $120-million grow-op spanning 400,000 square feet in the central Alberta town of Olds.
Sundial, which remains privately held, has not faced any problems raising money through private equity deals to fund its expansion, despite indications of investor fatigue in public markets, said Stan Swiatek, the company's founder and chief operating officer.
Swiatek said there is a race underway across the cannabis industry to build production facilities big enough to capture a slice of the medical and recreational markets — and investors have been supporting the growth.
"You're forced to be large," he said, adding Sundial has no immediate plans to become publicly traded, but likely will be in the future.
Canadian cannabis stocks have taken a nosedive since hitting a peak in April, shortly before Ottawa tabled its bill to legalize pot, amid an industry-wide sell-off.
There are widespread concerns that cannabis companies are overvalued on the stock market, while analysts also suggest the arrival of several new producers in the past several months has sparked investor fatigue.
Aurora Cannabis, Alberta's first cannabis producer and one of the country's largest marijuana companies, closed at $2.15 each Tuesday afternoon, down by a third from its April peak and almost 10 per cent below the first day of trading in 2017.
Acreage Pharms, which owns a small production facility with potential to expand on 60 hectares of land west of Edmonton, was Alberta's second company to receive a license to grow by Health Canada late March.
A month later, Vancouver-based Invictus MD Strategies Corp. announced it was buying Acreage Pharms for shares and cash worth $42 million, based on its share price at the time.
Invictus, which owns stakes in a licensed grower in Ontario and a fertilizer supplier in B.C., has seen its share price fall by a third since the April peak along with the rest of the industry. Valued at nearly $53 million on the stock market, the company saw its shares close Tuesday at $1.39 each.
Trevor Dixon, the chief executive of Invictus and Acreage Pharms, said investors have been attracted by the company's growth plans and its debt-free balance sheet.
Invictus reported late May it had raised $25 million by issuing shares and would use the cash to fund its expansion plans.
"We have the cash to grow an awful lot," Dixon said.
Once cannabis companies secure licenses to grow medical cannabis, they must undergo additional scrutiny to get Health Canada's approval to sell it, a process that's underway at both Acreage Pharms and Sundial Growers.
http://www.calgarysun.com/2017/06/20/alberta-sees-new-cannabis-producers-enter-the-game-amid-volatility
My thoughts are that are that Josh Clark likely surrendered 51% of his company in exchange for a very significant number of shares... And if the deal goes through with Mike, the same will be the case... I certainly wouldn't call that "ZERO (0) invested"!... They are probably more invested than all of us on this board combined... By a long shot!
And then there's Mike's explanation for wanting to be part of CaliPharms:
I'm sure you already know the answer to your own question, but I'll indulge you... According to the PRs, the subsidiaries are paid in preferred stock... And yes, before subsidiaries can sell their stock, the authorized will need to be increased. However, there does appear to be a "leak out agreement" which will spread out the dilution over a 5-year period:
Here's the real link to Mike's picture:
https://www.instagram.com/p/BVqa-6yFS2R/?hl=en
So I've noticed a bit of new activity on some of the Canna-Kitchen social sites:
https://www.instagram.com/cannakitchen2016/
https://www.facebook.com/Cannakitchen/
https://twitter.com/canna1kitchen
And then, of course, there's the fact that this creepy looking fella has been spotted hanging around the PCG farm:
One bit of "fluff" I'd like to see is the conclusion to this:
http://syndicate.pinksheets.com/stock/KGET/news/CaliPharms-Enters-Acquisition-Discussions-with-United-Cannabis-Retailers--Inc-?id=156114&b=y
Well, at this point I'd be happy to see a little more "PR fluff" :).
The last couple months have been a bit sparse...
Posters are resorting to discussions about 3-month old PRs :).
My only point is that your posts seem to give an inaccurate depiction of how Bo is promoting his company. You make it sound like he's putting out baseless assertions that Calipharms is projected to have 1.8 million in income this year.
But that's not what he did. He simply provided a rough estimate of the approximate wholesale value of product that could be harvested from a 10,000 square foot farm. He made it clear that it was a rough approximation and provided the numbers he used in his step-by-step calculations to allow outside verification. This allows readers to see what is included in the calculations, and what is not. Readers can use outside research and knowledge to make their own conclusion. These are the kind of details and support that I wish that you would put into your posts.
Now, if the numbers he used were extremely exaggerated, then I could see that as being a good argument against him. But nobody has made that claim.
If you missed my original deleted post, here's a slightly more polite version :).
From what I've read about reporting farm-based income, the terminology used in Bo's PR is consistent with standard usage. And the terms that you insist that Bo should use, are actually NOT consistent with standard usage:
Look, everyone here should know that owning 51% of a company means they are entitled to 51% of the income and that they are responsible for 51% of the expenses. And everyone here should know the difference between "gross income" and "net income". This really is investing 101 stuff and mansplaining it to us only makes you look ridiculous.
I don't feel like my post was intentionally misleading... I clearly said that the "gross income" of 1.8 mil was projected for PCG... And as far as Calipharm's net income, my exact words were: "any profit at all for a company this early in their plan should create significant interest by investors".
Bo has repeatedly said in PRs and in interviews that we only own 51% PCG and that we would only receive 51% of the profits! The PR I linked states that the deal is for 51% of PCG. Everybody here should know that we only own 51% of PCG! Both he and I were clear that the 1.86 million was what PCG was projected to earn! Read my post again!!! This is not new information!!! Nobody is trying to hide this information!!! Quit being ridiculous!!!
I still think it's a bit early for a real run. There really hasn't been much in terms of substantial news. The only things we've gotten in the last couple of months were about the permit (and even that was enough to blow through the .0002s for awhile). Regular news about harvests and profits should make all the difference in the world. Though hopefully we start seeing promising releases before that.
Of course I think price can go up! I wouldn't be invested here if I didn't. With 9B OS, the market cap is only 0.9-1.8 million! 1.8 million is about what they projected PCG would make in gross income from the two upcoming harvests alone. And even if they're off on the numbers, any profit at all for a company this early in their plan should create significant interest by investors. We just have to wait. And sure you could potentially loose 100% of your investment in this company, but you could potentially gain 1000% or more. And I happen to think they're on the right path to achieve that.
Found this post by Giovara in the google cache...
I'm not quite sure why it was removed from the board Saturday, as the author seemed to have some reasonably good theories... Maybe I'll try censuring one very nonoffensive word and see if that makes it stick :)...
Well, Joshua Clark we're happy to have you here.
We very much appreciate the pictures you've been taking of the farm. It's coming together and looking good.
We apologize for the behavior of some of our posters, they're most likely just trying to get in cheaper. Keep in mind that although the negative people tend to be the most vocal, the vast majority of us support you.
And don't be too discouraged by the stock price. Revenue from PCG should make all the difference in building credibility and attracting both investors and additional farms.
We would definitely be interested in hearing more about your farm, like the number of plants, the varieties of plants (I think you have 6 listed on your website), whether you'll be installing lighting and assembling greenhouses for the summer harvest, or whatever information you're comfortable providing.
Thanks.
Oops, my post had a typo...
I meant 50x21=1050, not 2050.
An easier way to count might be to see that the length is divided into groups of 3... Hopefully you can roughly count and agree that there's definitely more than 10 groups of 3, probably closer to 15-20 groups of 3. As few as 16 groups of 3 would again bring the total over 1000 (16x3x21=1008).