CannAwake Corporation (fka CANX)

[KickolasNage]

Nipton is in trouble.

Foreclosure process has begun for American Green, CannAwake, and Nipton, Inc.

Step 1:

A Notice of Default is the first step to foreclosure. In some states, the Notice of Default is also attached to the home, generally on the front window, like an embarrassing scarlet letter. It states that the borrower is behind on mortgage payments. If the mortgage isn't brought current, the lender will seize the home.

Step 2:
https://www.realtytrac.com/propertydetails/ca/nipton/92364/castle-buttes-dr/101007571/

Pre-foreclosure is the first stage of the foreclosure process, indicating that the trustee or lender has filed a formal notice to the homeowner due to missed mortgage payments.

The owner of this property was served a notice of default for missed mortgage payments of $161,600.

Step 3:

Integrated Lender Services is the only place to turn for complete, foreclosure and default management services. Our dynamic team of experts protect your interest to the full extent of the law with the most expeditious service available in the industry today.

Hmm... why would Roxanne Lang, previous owner of Nipton, be seeking help from a firm that specializes in foreclosures?

Next step... auction off the property if American Green or CannAwake doesn't come up with the missing $161k mortgage payment. How are they going to do that if they have no money?

Hope this helps.