CaliPharms Inc (KGET)

[rawman]

OMG...FINALLY! Most of us knew this had already happened, but it took Bobo "THE CLOWN" Linton months to actually publicly inform the investors! Nice transparency Bobo! Since THE CLOWN personally chose to DE-REGISTER KGET with the SEC, there was never an SEC Form 8-K filed with the details of the "purported" original transaction and no SEC Form 8-K with the details of the "purported" unwinding!

Here's the germane excerpt copied from KGET's September 20 PR:

CaliPharms subsidiary Country Junction Farms (CJF) has elected to unwind the acquisition agreement between CJF and CaliPharms. Under the agreement provisions there is a clause that CJF may unwind the transaction for any reason, provided CJF has not sold any of the stock issued to CJF as consideration for the transaction. CJF did not sell or convert KGET stock, or received any cash consideration for the contracted acquisition, so the unwinding provision is considered valid by CaliPharms.

The CJF "unwinding" announcement, assuming there was actually something to unwind, probably never would have happened had THE CLOWN not been FORCED to publicize the Pacific Cannabis Growers unwinding! We now know that all of Bobo's previously announced MJ business initiatives were blatant BULLSHIT! As of the last financial statement, which was distributed about exactly one month ago,there was one phony line on the Balance Sheet showing CJF as a $1.75 MILLION ASSET! Aside from the fact there was no offset for the $1.75 million anywhere on the LIABILITY side of the Balance Sheet, Country Junction Farms was already gone...kaput! IMO...A "REAL" DEAL NEVER HAPPENED, but, regardless of this "skepticism", CJF was clearly "history" months ago!

Plain and simple...Bobo will take care of Bobo...the retail shareholders are simply the "puppets" needed to support THE CLOWN's compunction for a rather "comfortable" SoCal life-style! Samo, samo for THE CLOWN! This little faux pas on Bobo's part will only add fodder to the regulators' investigations! Showing the $1.75 million Asset on the Q2 Balance Sheet was a blatant lie!

So Bobo "THE CLOWN" Linton announced numerous MJ initiatives prior to June of 2017. The 51% acquisitions of CJF and PCG never happened! The acquisition discussions with United Cannabis Retailers, i.e. Canna Kitchen, and the vape eCig provider, never went anywhere, but somehow Bobo disbursed $1.5 MILLION in CASH for "Consulting Services/Fees" and gave away 3.5 BILLION KGET SHARES, with the bulk of them being dished out for NO KNOWN REASON and there has NO KNOWN POSITIVE OUTCOME for the KGET investors, i.e. no increase in shareholder value! 3.5 BILLION SHARES OUT THE DOOR AND NO VALUE IN RETURN IS BRUTAL SHAREHOLDER DILUTION, BUT THE CLOWN COULD CARE LESS!!

Again, "Nice rip-off Bobo!" Hmmm...wonder if THE CLOWN's 9-month BS foray into MJ allowed him to garner enough cash to afford a new Porsche (or two)! Interestingly, the wood pellet/kitty litter business combo lasted just about 9 months as well, then Bobo crawled back into his hole and reappeared just about 2 years later!