InvestorsHub Logo
Followers 39
Posts 1695
Boards Moderated 0
Alias Born 03/10/2010

Re: penknee post# 24120

Wednesday, 01/17/2018 6:01:52 PM

Wednesday, January 17, 2018 6:01:52 PM

Post# of 45833
My understanding from some conversations with involved individuals as well as OPMZ & SIGO filings is that VBF was included in the merger (the 4 mil shares), and hence the reason why TJ's name was listed on the VBF website for awhile. Those shares comprise the majority of the float that we can trade. The pancake/edibles subsidiary was the one that got dissolved. TJ really wanted to make it work, but they found out that there wasn't going to be a state license that covered the edibles (or something to that extent that would not directly work in their favor) and decided not to pursue that route. Much like the Envirocann certification, a change in strategy NOT to pursue something due to the changing landscape doesn't make it a scam - its a business decision based on what is or isn't going to be profitable.

Here's an excerpt from a recent OPMZ 8k. SIGO is the "client of the company."

"Q2. Is the company still operating a cannabis business?
A2. No. The Company previously operated an edible business. However, the Company divested itself of any operations involving cannabis in September 2016. The previous subsidiary that was engaged in production of the edible line has been dissolved and the collective that was formed for the cannabis business was transferred to a client of the company. As part of dissolving the cannabis company the company merged a consulting company that was created in January 2017 by our officers as described above."