Friday, January 30, 2015 10:07:52 AM
For those new to RIGH, there has always been some controversy regarding BudGenius' inception. This is documented in the website below and in many Ihub posts.
See this bloggers documentation back in April 2011:
http://web.archive.org/web/20110505050202/http://cannabiswarrior.com/2011/04/
Angel subsequently (supposedly) sent a "cease and desist" letter which has since been scrubbed from the website and I can't find a copy.
Maybe someone on the board can help?.
He also kept a log of charges against Montgomery you can see here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99195969
So whether you believe John Montgomery's Intellectual Property (BudGenius) was taken from him or not, the fact remains that RIGH CEO "Angel" Stanz won that pissing contest and today controls the BudGenius website.
Undeniable fact.
It's also an undeniable fact that the "testing" business, whether in a RIGH lab or a "farmed-out" lab,has dropped off dramatically since that date.
Today there is only a trickle of tests, perhaps five a week on average.
For comparison, see:
"So how did SCLabs test 130 times more cannabis.."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109949948
The "spear" talked about is supposed to be the existing
Angel has effectively killed the business since the above exchange in April 2011, performing just over 1000 tests in almost 4 YEARS (44 months, to be exact).
(Scroll to bottom)
http://budgenius.com/strains.html?cmd=search&more=2&search_type=1&radius=10&p=0&pp=1000
Prior to the "Montgomery episode, BudGenius (WITH John Montgomery) had tested over 1500 strains in 8 MONTHS!
So with Montgomery, BudGenius performed 50% more tests in less than one-fifth the time.
There's no denying Angel has lost significant business since this period.
At this point BudGenius is doing "mom and pop" store numbers of maybe 5 tests a week. And in all likelihood with "buddy" dispensaries and tests "farmed out" if performed at all (JMO).
Not much of a "spear" to expand the business.
If you're new to RIGH.... be on your guard and DO YOUR OWN DD!
Best to all.
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM