Friday, December 18, 2020 12:15:51 PM
Cannabis Reverse Merger; the Rise of Arcis Resources Corp (OTCMKTS: ARCS)
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By Dave Young on December 13, 2020 Media & Technology, Micro Cap Insider, Small Caps
Post Views: 3,801
Arcis Resources Corp (OTCMKTS: ARCS) is in full beat mode skyrocketing up the charts out of its triple zero lows well into penny land on a massive surge of volume after the Company gets active on twitter and reports it is getting current on OTCMarkets and executing a merger with one of the biggest companies in the cannabis sector.
Reverse merger (RM) stocks have emerged in recent years as the biggest runners in small caps even more explosive than biotech’s and ARCS has been no exception so far. ARCS is a clean shell with virtually no debt. ARCS states on twitter no RS, cancelling restricted shares and a share buy-back which is significant as the Company has just 715 million free trading shares.
Arcis Resources Corp (OTCMKTS: ARCS) is a clean shell operating out of Denver, Colorado that has been making some big announcements on twitter including getting current and executing a merger with one of the biggest companies in the cannabis sector. More details are going to be released this week according to the Company on twitter.
5/5
After regaining Current status, we will officially announce a merger with one of the biggest companies in the cannabis sector.
We have worked hard to make it happen.
Our action will prove to our shareholders and everyone else how to bring real shareholder value.
— Arcis Resources Corporation (@ResourcesArcis) December 11, 2020
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ARCS
ARCS corporate structure has been around for years and was registered in Nevada in 2008 as Mountain Renewables, Inc. In 2010 the Company changed its name to Arcis Resources Corporation and acquired the assets of the GFL group; a global environmental and energy services enterprise providing innovative products, services and solutions to customers worldwide. Noteworthy among the Group’s services is APS’s Emergency Response Spill Cleanup Service, which provides round-the-clock response to industrial environmental crises such as line breaks, tank overflows, or waterway soilage. Later on the Company executed a new business strategy focused on the development and sale of premium portable & desktop vaporizers, E-juice, oils & accessories, and wearables.
A reverse merger with one of the biggest companies in the cannabis sector bodes well for ARCS shareholders as the sector is heating up; Marijuana and CBD stocks are on the rise in recent months as New Jersey, Arizona, Montana and South Dakota legalize cannabis for recreational use. Also the house just passed sweeping legislation that would decriminalize marijuana and expunge nonviolent marijuana-related convictions although the bill is unlikely to pass.
$ARCS this is one of the emails i got today when i checked my inbox. I have others and i will share with you all and this is prob one of the biggest #cannabis #stocks I have seen since the days of $FITX who did 50,000 sq ft with a 3.5 billion float. We have 20* that. $tsnp $IGPK pic.twitter.com/yFKuptcni2
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ARCS is in full beat mode skyrocketing up the charts out of its triple zero lows well into penny land on a massive surge of volume after the Company gets active on twitter and reports it is getting current on OTCMarkets and executing a merger with one of the biggest companies in the cannabis sector. Reverse merger (RM) stocks have emerged in recent years as the biggest runners in small caps even more explosive than biotech’s and ARCS has been no exception so far. ARCS is a clean shell with virtually no debt. ARCS states on twitter no RS, cancelling restricted shares and a share buy-back which is significant as the Company has just 715 million free trading shares.We will be updating on ARCS on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with ARCS.
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Disclosure: we hold no position in ARCS either long or short and we have not been compensated for this article.
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