On August 24, 2016, New Wave Holdings, Inc. had a change of controlling ownership from a transaction in which Robert Weber acquired five million (5,000,000) shares of Preferred Class C from Mark Newbauer.
CEO Weber is a seasoned executive and entrepreneur with an extensive background in building businesses to a point of critical mass and exponential growth. Some highlights of his career include building a ground-up enterprise of internet centers in Florida and Ohio.
In addition to founding PAO Group, Inc., Weber holds ownership in businesses across a diverse base of industry sectors including manufacturing and hospitality. Further, as part of his mission in alternative health and compassionate care, operates a hormone therapy clinic in Southern Florida. He has also served on the Board of Directors for a non-profit organization that championed legislation for small business owners.
-PAO Group alternative medicine clinics are focused on 'non-traditional' patient care solutions. And yes, cannabis will be included in the realm of treatment solutions as well as other alternative solutions such as acupuncture, chiropractic, biofeedback, and other solutions depending upon patient needs.
-Our nation is suffering an unprecedented opioid epidemic with addictions and overdoses taking the place of cures. The abuse of and addiction to opioids such as heroin, morphine, and prescription pain relievers is a serious problem that affects the health, social, and economic welfare of all societies. PAO Group is well-positioned to fulfill a dire need by providing efficacious solutions to patients as an alternative measure to the pitfalls of opiate-based care.
- We'll be issuing a succession of updates reflective of our growth initiatives over the next several weeks, including plans for national expansion.
- The Company is currently completing paperwork necessary for name and symbol change, which will be submitted to FINRA for approval so the public company may better reflect PAO Group, Inc.
- there will be no reverse split alongside the name/ticker change as we feel there is no need for any type of restructure in the foreseeable future
- NWAV Shareholder Conference call being scheduled for next week!!! Details announced soon! -- @PAOgroup
More Historic Days Ahead, November the 8th: Voters in Five States -- California, Arizona, Massachusetts, Maine and Nevada -- Will Decide to Fully Legalize and Regulate Marijuana
IRVINE, CA -- (Marketwired) -- 10/17/16 -- latest polls in "California vote yes to Proposition 64," showing a substantial margin of nearly 2:1 in favor. CNET Reports: Virgin Group founder, Sir Richard Branson's advice to Cannabis Advocates: Fight to legalize it.
Polling by UC Berkeley recently showed near two-to-one (2:1) support in the state of California for Proposition 64 passing.
9 More States looking to Vote Yes to Legalizing or Medicinal Usage
Voters in five states -- California, Arizona, Massachusetts, Maine and Nevada -- will decide whether to fully legalize and regulate marijuana. They would join Washington, Colorado, Alaska and Oregon, states that already allow using marijuana for recreational purposes. Voters in another four states -- Florida, Montana, North Dakota and Arkansas -- will decide whether to approve marijuana for medical use. They'd join the list of 25 states and the District of Columbia that have approved medical marijuana.
VIA CNET: Sir Richard Branson tells marijuana advocates he's been fighting for the global decriminalization of the drug for years.
Just how big would legalizing marijuana be in California? Well, it's the most populous state in the US and has the world's sixth-largest economy with a gross domestic product of about $2.5 trillion.
Renowned billionaire and tech entrepreneur Richard Branson told a room full of cannabis advocates he was simply in the mood to "take a spliff or two," and much of the world is ready to legally take some tokes, too. "Why not?" the Virgin Group founder asked a crowd of about 1,000 people Saturday during the second annual New West Summit conference, "The Future of Cannabis, Now," in downtown San Francisco.
Speaking via Skype, Branson, an unapologetic cannabis supporter, said he's spent the past five years serving on the Global Commission on Drug Policy along with former United Nations General Secretary Kofi Annan and 15 former world leaders, calling not only for the controversial decriminalization of drugs, but also for its legalization worldwide.
Overall, the weed industry is now worth $7.2 billion and growing 29 percent annually, according to New Frontier, a data-analysis group focusing on marijuana. The industry will be worth $20.5 billion (and possibly higher) by 2020, New Frontier projects