West Coast Ventures Group Corp fka WCVC

[PennyHoper]

Things are changing, slowly.

2 new Mexican restaurants opened in 2022 (2nd Kalaka Mexican Kitchen, buy-out/refurbish of El Cazo Mexican Kitchen), and 2 new soon-to-open Takiza Taco & Tequila Bars in 2023.

At least one of the Takiza places is in a pricey neighborhood (Wynkoop St, in LoDo).

Money for those expansions must be coming from somewhere, and it isn't coming from share dilution (because of being revoked), and it isn't coming from the government (PPP money wrongly diverted; plus PPP money is over).

Also Nixon closed the Capitol Hill Illegal Burger, which was probably losing money.

Illegal Pizza is now closed. It also must have been losing money, hence the case against it (which may be almost closed).

Nixon hasn't filed financials for (roughly) 3 years. So why has the doing-well, private company, Ilegal Mezcal, been pursuing a Trademark case against it for almost the same 3 years, and has been in settlement negotiations for roughly the last 2 of those 3 years?

[If WCVC is really a dead company, why didn't Ilegal Mezcal just wait for WCVC to fold up, and thus make its Illegal Brands trademark worthless to it, to pick it up for pennies on the dollar?]

As the timeline shows, Nixon stopped filing [didn't keep his promise to file late] in Nov 2020, AFTER Ilegal Mezcal started its Trademark opposition in Sep 2020.

Next thing we know, starting April of 2021, the companies are in settlement talks.

Why would Ilegal Mezcal have wanted to settle with a company with non-public financials, which could have meant it was failing, instead of going in for the kill while WCVC/Illegal Brands IP was in a weakened and possibly ever-weakening state, pursuing the case to win?

Although Illegal Brands IP was the first to file for settlement talks, ever since, Ilegal Mezcal has done the filing asking for settlement delays.

Illegal Brands IP already holds a valid Trademark on the name "Illegal Brands." Ilegal Mezcal completely missed any opportunity to object to that. Now it is only objecting to a graphic logo, that Illegal Brands could easily simply change, even though its argument is strong, that there's no way Ilegal Mezcal really has a good case against it.

So, (to me) Ilegal Mezcal must see value in the Trademark name with a scope larger than just the logo. Illegal Brands IP (=WCVC) must have an advantage, and -- WCVC shareholders can only hope -- it must be working a settlement in connection with the Ilegal Mezcal product space (=liquor; and not just shirts and hats with a logo).

If the settlement is puny, why is it taking 2 years to do?

It's not hard to see the omission of anything related to CBD and the Illegal Brands trademark in connection with any of the Mexican restaurants (existing and soon to open).

It's also easy to see that the current Illegal Brands website, while still online and maybe-functioning, is not being maintained (broken and otherwise lame formatting), and is not being expanded with new products.

So, maybe Nixon is going to shift the focus of "Illegal Brands" to something more profitable, like ... <insert wild guess here>.

Back in 2019, Illegal Burger was touted as the 'first CBD restaurant franchise.' Was there ever a second one? [I've only seen trace evidence of attempted CBD-restaurants, and certainly no 'fast-food franchises'.]

Frankly, it looks to me as though the whole CBD-fast-food thing is dying or dead. But Mexican food and Ilegal Mezcal (or any mezcal)? Alive and well.

You wrote:

And after a year and a half nothing ever changes

If you only focus on being back to trading, then that's all you will see.

If you look at everything else that has happened in the last year and a half, WCVC almost looks like a new startup company that has a decent foothold in the marketplace already; a startup company about to go public.

[Disclaimer: is all of the above typical just raving and drooling over a hopeless sub-penny stock? Maybe. But the company itself appears to be alive and well, with another well-to-do (mezcal) company about to make a deal with it. Go figure.]