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Realist, big difference. The screwball founder ran the company to the ground, try to hide behind BK protection then screwed over all the bag holders. The crook should go to jail.
Company is as dead as Tupac and Biggie. Company was butchered by screwball management. Complete scam!!
No. the idiots are the ones that would by a garbage company such as this scam. They are out of business and the founders are about to be up to their necks in lawsuits for screwing over investors.
This garbage will never move. Dead in the water and complete scam. Company was run into the ground by a bunch of idiots
Company is a complete train wreck. They are OUT OF BUSINESS and the idiots behind the Company are now faced with creditor litigation for all the money they borrowed and payed themselves and could not operate a viable business.
Earnie Blackmon (CEO) and his band of crooks are nothing but a bunch of frauds. They robbed peopled out of millions and now leaving this remains of this scam for the vultures to pick through while they make their soon to be illegal Delta-8 under a new entity. These are not the sharpest tools in the shed!
This company has ZERO market share of anything. The scumbags are out of business and this is all you need to remember:
(1) The Company owes millions to creditors
(2) Management of the Company ran the Company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays last year and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
Lawsuits and jailtime in the horizon for the frauds behind this scam IMO.
And what bearing does that have on a garbage company such as this that does not have a business, office or working phone number? Complete scam run by a bunch of crooks. Facts remain the same:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays last year and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
Hardly. The facts have not changed and what you fail to understand is that the company is out of business and has no offices or employees. Facts are:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays last year and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
I think it is more like they cannot pay their attorneys because the idiots that ran this company are a bunch of scam artists. Do you really that that 420 or verifying share counts mean anything when you have a company that is out of business and had all their garbage assets seized by a receiver. Not that difficult to obtain bankruptcy records. They have no office, no working phone number and nothing but mounting lawsuits about to be filed.
Nothing will happen good with this scam. Company was run by a bunch of idiots that screwed over investors, paid themselves handsomely and never paid their bills according to bankruptcy records.
What you fail to understand is that this failure of a company does not even have offices and gave away all their assets via being thrown out of bankruptcy court in an inside transaction to avoid paying creditors. The facts remain the same:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
(8) A former Board member resigned because of the long history of mismanagement of the company according to a public filing with the SEC
Or we can take advice from the unsophisticated pumper that thinks this junk is an investment when the carcass of this company is not worth the value of the ridiculous stock price. Facts are:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
(8) A former Board member resigned because of the long history of mismanagement of the company according to a public filing with the SEC
Please share as rumor on the street is that this was all an inside job to give away the assets to a "friendly" in exchange of attempting to protect the founder and screw over creditors. I see it all the time but the BK Court Records has the paper trail and I am sure the creditors are fully aware.
Thank you for posting. Very informative!
Truth hurts, I know. The suitable description of anyone believing in this debacle is stupidity and non-sophisticated. Who invest in companies that are out of business? The company was thrown out of bankruptcy court, lost all of their employees, do not have an office and lost all assets to creditors. Hardly grownups, I think you mean SUCKERS!
I guess you believe in Santa Clause too. Why were they forced into bankruptcy and evicted from their offices? Why have all the employees left if the crooks behind the company knew what they were doing? The Board and executives should be held accountable for stealing all that "16 million" you claim they made. Wake up and smell the coffee and put the poms poms away.
And this comes from a penny stock investors that touts bankrupted companies that screwed over shareholders and creditors. Cannot imagine what other garbage makes up the 98%. Maybe Enron, GenCanna, etc...
With no money and a bunch of idiots behind the scenes, the patent has no value. It will end up in the hands of the creditors. Facts remain the same:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
(8) A former Board member resigned because of the long history of mismanagement of the company according to a public filing with the SEC
I think that sums up how this barnyard circus was run. Key people resigning, bad decision making, etc... Now they have nothing.
If you are a believer in this defunct company, you will still be broker. Broker from all the money you will lose as the path to the "trips" is imminent. There is nothing positive about 13D holders, contracts that NEVER materialized as evident of their pathetic revenue in 2020, a patent that is stale and comes with hundreds of thousands of legal debt, and a company run by a bunch of morons that obviously cannot capitalize on what you call an "in" industry.
We have never owned this crap and simply identify public companies in the space that are all smoke and mirrors.
That theory only works with real companies with a real business, not defunct companies. Facts remain the same regardless how you attempt to tout this garbage:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
This guy will not post anything because this fraud of a company has no financials. Who is the CEO now that they have no office, employees or any money? If it is the same CEO that ran this company into the ground, I highly doubt he will surface as he is probably hiding under a rock and swamped in lawsuits.
Savvy investors do not invest in defunct companies that are a fraud. Furthermore, who touts defunct companies that have no operations and screwed investors and shareholders out of millions of dollars? The facts remain the same:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
Who is the fool trying to support a fraud of a company that had to file for bankruptcy, is out of business and about to go to zero??? Stick to the FACTS:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
And Enron made billions at one time on paper before the fraud was unraveled. Company only borrowed and stole money in 2020 before it went belly up but unsophisticated investors like yourself fail to recognize the facts.
Current FACTS:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
They have no money to enforce or maintain their garbage patent and owe their attorneys over $500K according to the BK filings.
They HAVE nothing in Jamaica but more wasted shareholder money spent on a pipe dream that NEVER came to fruition. Mr. Rocket Scientist - wasted money and liabilities are not considered ASSETS in the real world.
They own nothing of Magnolia Botanicals because they failed to perform according to the attorney for Magnolia.
Tough to have products when you have no offices, employees or money.
Obviously working at NASA was not on your resume.
Here are the FACTS, plain and simple and VERIFIABLE:
(1) The company owes millions to creditors
(2) Management of the company ran the company into the ground
(3) They had to file for bankruptcy because of their business skills of a 3rd grader
(4) They have been evicted from every address they had on file
(5) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(6) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(7) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
Why? Completely over valued.
These are not opinions, FACTS:
(1) The company owes millions to creditors
Management of the company ran the company into the ground
(2) They had to file for bankruptcy because of their business skills of a 3rd grader
(3) They have been evicted from every address they had on file
(4) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(5) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(6) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
You have nothing of substance to add or substantive, justified counter claims to these facts. Just nothing but non-educated banter trying to pump this piece of crap.
These are FACTS! Cold, hard FACTS:
(1) The company owes millions to creditors
Management of the company ran the company into the ground
(2) They had to file for bankruptcy because of their business skills of a 3rd grader
(3) They have been evicted from every address they had on file
(4) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(5) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(6) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
Here is all the update you need:
(1) The company owes millions to creditors
Management of the company ran the company into the ground
(2) They had to file for bankruptcy because of their business skills of a 3rd grader
(3) They have been evicted from every address they had on file
(4) They failed to pay all employees over the holidays and allowed their assets to be pillaged by some crook from Wisconsin according to public records filed with the BK Court
(5) Ex Board member resigned because of how the company was mismanaged and reckless decision making according to a public record filed with the SEC
(6) They mislead investors with misleading news announcements of contracts that never materialized and inflated projections
Sounds like lawsuit after lawsuit just waiting to happen. You have to be a complete fool to think that this company would ever have a chance going forward. These crooks are probably hiding under some rock right now.
Very few companies will be able to sustain the FDA's snail pace ruling. They will continue to dilute their balance sheets with more debt and diminishing cash flows.
That a common problem in the industry. Nobody of substance is buying wholesale oils. It is a classic supply and demand problem.
You both do not realize the facts that they have nothing. They have lost their equipment to creditors via the terms of the questionable BK financing and have lost all key employees. They cannot even file the proper reports with the SEC. You cannot assess an enterprise value to a non operating company or correlate a fair market cap when the stock is on the pink sheets for non-compliance. There is no reason to ever buy this junk!
Stop your nonsense. The company has nothing - no offices, no equipment, no employees, just a bunch of pissed of creditors and a ton of lawsuits surely to follow. This had to be one of the worst run companies in the cannabis/hemp space!
The morons that ran this company is the sole reason for the failure and inevitable lawsuits and delisting. While the industry was compressing they were spending money on who knows what other than undeserved salaries and have nothing to show for it. Their decision making was border line criminal.
The stock should be in the single digits!
Company is toast. Got thrown out of BK because of their pathetic operating performance. Company was run by a bunch of idiots.
Happy Holidays!
Company is complete garbage. Has no money, dilutes shareholders to survive and has no real business.