Replies to post #2663 on 420 Property Mgmt. Inc. (FTPM)

[MonstaGains]

OVER $20 MILLION IN DEBT AND LIABILITIES AND OVER $4 MILLION IN CONVERTIBLE DEBT. BUYER BEWARE


http://www.otcmarkets.com/financialReportViewer?symbol=FTPM&id=160282

LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities:
Accounts payable and accrued liabilities (note 3) $ 14,616,456 $ 14,254,034
Notes payable (note 4) 952,137 952,137
Convertible debt (note 5) 4,695,500 4,845,500
Total liabilities 20,264,093 20,051,671

[balamidas]

DD Dempsey ,with the resurfacing in FTPM of the original team of the Zennabis deal is something that we can highly speculate on !


the deal was valued in the 50 million $ range because they had plans to acquire 51 % of Zennabis and bring it in an american public co !


the main Question here is :why would zennabis wants to go public in the US ?



the answer could be now in the 7 properties acquired in Ca through FTPM for Marijuana cultivation ranging from 5 to 35 ACRE


Zennabis have their facility in Canada located on a 20 ACRE

site and the warehouse located on a 10 ACRE


http://zenabis.com/about-us/


how about bringing the Zennabis model and replicated in CA to serve the US market ?


we have all the team of the original deal on board and we have the properties to make such project here

let's see how this will unfold