"Here comes the threes"
Well it certainly looks like we can assume the entire Aug 1 news release was a hoax. There apparently is nothing to 'tour' in Grass Valley?
Shareholders should be livid. Best to get out now with a small loss rather than a tombstone.
SAN FRANCISCO, CA, Aug. 01, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Simlatus Corporation (OTC PINK: SIML) (“Simlatus” or the “Company”), a holding company currently focused on opportunities in the cannabis space that owns and operates a number of subsidiaries, all with multiple revenue streams, diversified in cannabis processing products, commercial broadcasting and support services to AT&T’s DirecTV products. Today the company announces that it has received another purchase order from United Opportunities LLC on July 31, 2019 for 4 hybrid Cold-Water/Alcohol CBD Extraction Systems in value of $16,945,668.
Richard Hylen, Chairman and CEO, stated, “We have been working closely with our manufacturing partners in designing a CBD and HEMP extraction system that captures more than 90% CBD product from the cannabis bio-mass using a combined method of Cold-Water Extraction and Alcohol Extraction. The cannabis growers and processors have been waiting a long time for a product that can extract the high-grade CBD first, and then extract the lower-grade CBD in one process using one system without discarding product as waste. Proscere Bioscience offers its new Cold-Water/Alcohol CBD Extractor for a price of $4,236,417. Our distributor purchased 4 systems, and we now have awakened the cannabis market worldwide.”
Mr. Hylen further stated, “Mr. Michael Mulder, President of Brand House Ventures, Inc., had a tour of our manufacturing facilities in Grass Valley this week to better understand the hybrid system for his customers. He toured our manufacturing and assembly facilities as well as enjoyed seeing how the hybrid extraction system performs. Our distributors and strategic partners are part of a vast cannabis network of cannabis growers throughout the world seeking technology like ours in order to process cannabis faster and more efficiently.”
GLTA and JMO
Please help save the earth. It's our only source of chocolate.
