FinCanna Capital Corp (FNNZF)

[franck92]

found this https://www.newcannabisventures.com/questionable-california-cannabis-startup-touts-60mm-in-revenue-within-first-year/

CEO Beck’s LinkedIn profile suggests that he joined the company earlier this year. The corporate website describes him as a founding shareholder of MJIC and having involvement with a publicly traded vaporizer company. Beck founded the Marijuana Index, which is owned by MJIC, and was apparently involved very early in Vape Holdings (OTC: VAPE), though this is not disclosed in any SEC filings. VAPE did a reverse-merger in 2013, soared in early 2014 and has lost nearly 100% of its value.

Most interesting about Beck’s background is his apparent involvement in a penny stock pump and dump scheme that resulted in a settlement that included disgorgement as well as a five-year injunction that ended shortly before Beck joined CTI. Beck was prohibited from “directly or indirectly soliciting investors to purchase or sell securities.” The SEC complaint alleges that Beck was managing director of Del Mar Corporate Communications, which oversaw a “cold call telemarketing campaign of materially false or misleading information” on behalf of Pax Clean Energy, which was suspended from trading by the SEC in 2009.