Monday, December 21, 2020 11:10:40 AM
On October 14, 2016, the Company decided to exit the field of medical marijuana edibles marketed under the Von Baron Farms brand.
Discontinued Business: In February 2017, the Company discontinued its medical cannabis division which has ceased all operations as of May 31, 2017, therefore, we are no longer in the cannabis business.
Dark or Defunct, three years SEC delinquent
https://www.sec.gov/cgi-bin/browse-edgar?company=1pm+industries&owner=exclude&action=getcompany
2,629,252,319 common stock and 4,000,000 Class F Preferred Stock issued and outstanding as of January 19, 2018
Outstanding Shares
4,262,786,083
12/16/2020
Restricted
95,683,944
12/16/2020
Unrestricted
4,167,102,139
12/16/2020
The float has not been updated since 2017!
As part of finalizing the acquisition; however, the members will no longer be receiving the profits from NG Advisors or the related consulting operations. Instead, going forward the holders of the Series F Preferred Stock shall be entitled to monthly distributions of $130,000 per month from the profits from the consulting operations. If there are no monthly operational profits from NG Advisors or the consulting business than no distribution shall be made to the Series F shareholders. No officer or director receives a salary from the Company; however, the Company may create bonuses based on performance for its officers and/or directors.
https://www.sec.gov/Archives/edgar/data/859747/000147793217002839/opmz_10k.htm
Jurisdiction Over Non-U.S. Broker-Dealers
https://s3.amazonaws.com/assets.production.proskauer/uploads/e449c3c05b57741311b79e351c50b4a0.pdf
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