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Re: wEaReLeGiOn post# 30120

Thursday, 02/26/2015 3:09:30 PM

Thursday, February 26, 2015 3:09:30 PM

Post# of 100947
The ever-ebullient Grisaffi was determined to make quick work of restructuring his company. After all, there is no sense letting a perfectly good shell lie around. To that end, in early 2014 he took a look at the pot sector and decided salvation was at hand. On 10 February, he announced briefly that THCZ was "in negotiations for the exclusive distribution for the State of Texas for a Hemp base energy drink. Hemp products are exploding and we would like to be part of that industry." A few weeks later, he appointed Randy Safford as the new COO and marketing director of THCZ's Cannabis Products Division. Within a week, he and Safford were accepting orders for an energy drink called Chillo through the RXTB website. Now they accept orders through the website chilltexas.com. But is that site owned by THCZ, as some shareholders appear to believe? The domain is registered to The GPS Tracking Network, Inc., which is a privately held company sharing THCZ's address in Dallas.

Interestingly, Dewmar International (DEWM), another frequently promoted stock, also markets Chillo. A quick look at that company's stock chart gives a good indication of DEWM's lack of success with that endeavor.

Grisaffi hadn't lost his flair for attracting publicity. As he was announcing Chillo to the world, a Dallas Observer columnist wrote a flattering piece. Always thinking on the grand scale, Jerry confided that he was "considering an investment in a California [marijuana] grow farm and may buy a couple of vamping shops…" Better yet, when the company exited Chapter 11 in July 2014, he caught the eye of the Wall Street Journal's Bankruptcy Beat. By that time, he'd hired Tom Shuman, a beverage industry veteran he hoped would steer THCZ to success, as CEO. He told the WSJ reporter that he hoped to sell some of his new hemp products in Whole Foods Market. Ironically, he'd tried that decades earlier, with his doomed tuna hotdogs.


Long time penny stock failure, Jerry Grisaffi, steps back to the plate to whiff at more knuckle balls.

Written by Janice Shell
http://www.pumpsanddumps.com/2015/02/thcz-totally-crazy.html
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