InvestorsHub Logo
Followers 7
Posts 471
Boards Moderated 0
Alias Born 04/03/2013

Re: marklar3 post# 7604

Saturday, 08/10/2013 1:17:04 AM

Saturday, August 10, 2013 1:17:04 AM

Post# of 37358
Nah, that release from Consumer Affairs reads more like a cheesy crime novel. I, and anyone with any life experience, would tend to believe the founder's version of events in his press release on the subject. The formula is simple, consumer affairs agent is pissed that after a 5 year investigation, the department's "Madoff" candidate was exonerated and let go. The agent responds with a loud press release that fails to mention a disbarred attorney was involved with all of it. Why leave that part out? Why not mention that the alleged acts happened from 2005-2008. The answer is pretty obvious. The agent was looking to harm the founder's credibility and disrupt his current business activities. Surprise, it hasn't worked.

http://www.marketwatch.com/story/target-of-la-criminal-investigation-has-13-felony-counts-dismissed-and-walks-away-vindicated-2013-07-29

As for the Rule 506 offering... Well, Since Medbox is registering shares, it appears they are not relying on that exemption at all.

Off to the races!! Mass dispensary apps need to be in by Aug 23... :)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.