InvestorsHub Logo
Followers 68
Posts 4614
Boards Moderated 0
Alias Born 01/29/2018

Re: MergerKing post# 97

Saturday, 06/27/2020 3:29:36 AM

Saturday, June 27, 2020 3:29:36 AM

Post# of 10148
He’s the CEO of NUGS and folks are thinking this company is going into the cannabis space.

I think it’s an interesting thought, though we have to remember he is only the COO and the main focus should be on the CEO.

Majority owner of 65% commons is West of Hudson Group Inc and since the CEOs private company is West of Hudson Properties; seems logical that they plan to go public via reverse merger into TONJ.

However, since the COO has experience in the cannabis space, maybe they have bigger plans than we think and will use West of Hudson Group Inc as a holding company. If so it could be possible West of Hudson Properties gets merged, or acquired, and they create a subsidiary company in the cannabis space which utilizes some of the properties from WOHP. Possibly to rent out some of properties for MJ businesses?

Just a thought but the main focus is the CEO; and having grown his business to $250M in hard assets tells you he’s a big picture type of guy and now likely is ready to take his company public after 8 years in business.

Arcaro gained custodianship of TONJ in 2019 and just now sold his 65% to a big time CEO.

This is big here.

It also doesn’t trade like a 6.9M float. The trading today showed just how thin this is.

TONJ
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CMGR News