I was once a believer in this company. I was hopeful too.
-Then I read the contract between Battelle
-I also read the full report of the FDA denial
-I saw how this company has done nothing tangible and been a share selling and preferred note annual uptake for Cadwell.
This company cannot attract any real front line talent. They keep recirculating old board members
-They had an expert at growth and acquisitions on the board at one time who left out of frustration.
-They did animal testing years ago as well. They then took the info under Dr Fisher (world renowned oncologist and co creator of this) and submitted this. They were told this won’t be allowed for humans without clinical trials.
-This company has done NOTHING to create any revenue at all. In the meantime, they haven’t tried to become a distribution company of others medical products or devices to turn dollars or build the pipeline / network for their own device.
-Those who did receive free shares didn’t keep them and immediately dumped them. These were granted shares, nobody would dump free shares if they thought this was going anywhere.
-The largest shareholder holds control over this and they have done nothing except the absolute minimum to keep people with hopes and the SEC off their back. This has been shown by years of action, not words.
-Largest shareholder removed them from his real estate portfolio as a tenant
-Largest shareholder won’t directly invest any more money into this.
-This has another big payment to Battelle in January to make just to keep the license. If they don’t make the payment they lose the rights and everything they have put into it. (Per the SEC filing 10K) as well as the contract between them.
-They owe salaries to both CFO and CEO and are in arrears
-Cannabis technology has proven this to be more effective and cheaper per the released and approved studies in England for GW*H.
-The first FDA approval for Cannabis has already happened.
-This RS at .20 and cant get even close to recovering after falling to this level.
-There is nothing to actually purchase here for an acquisition. No owned real estate, assets, or the license bc that acquisition would legally go to Battelle.
These are only a few reasons why I no longer believe in anything about this company or it’s board.
It’s a cancer cure that can’t set funded and has less than an Andrew Jackson in its checking account.
