Replies to post #32140 on CaliPharms Inc (KGET)

[Jerry70]

$ KGET. Union Capital, LLC. Convertible Note Paid In Full
Mar 09, 2017

Riverside, CA -

CaliPharms, Inc. (OTCPink:KGET), a Company operating in the California Medicinal Cannabis industry, which trades under its former name â??Kleangas Energy Technologies, Inc.â? is pleased to announce the convertible note with Union Capital, LLC. has been paid in full.

Kleangas Energy Technologies, Inc., a Delaware Corporation promised to pay to the order of Union Capital, LLC., an accredited investor the principal amount of Forty Thousand Dollars ($40,000) and interest on the unpaid principal balance hereof at the rate of Eight Percent (8%) per annum (the â??Interest Rateâ?) on March 5, 2014.

The Union Capital, LLC. debt is now paid in full as of March 8, 2017.

For up to date information on the company please follow us @

facebook.com/CaliPharms

twitter.com/CaliPharms

About CaliPharms, Inc.

CaliPharms Inc., trading under the symbol (KGET) which trades under its former name â??Kleangas Energy Technologies, Inc.â? is a medical marijuana-cannabis business. The Company operates through its 51% owned subsidiary County Junction Farms, Inc. within the State of California. The Company currently is focused within the medical marijuana-cannabis industry. The second tier of development for the company will be to expand into other sectors that support the legalized cannabis industry. The company intends to expand its operations as the laws for each individual State change and allow.

About Country Junction Farms, Inc.

Founded in 2010, Country Junction Farms is a fully permitted cultivator of medical cannabis within the State of California.

[PennyHeaven7]

Excellant news Jerry70, also reading between the Feb 7th KGET Press release lines, I could not help but notice this part of this press release, for anyone here as well that , just might??, be interested in KGET's present, no less possible future growth potential, and just might take a second look at our KGET,.

Quote:
We are working with very experienced professionals in the booming cannabis industry and are planning to be a
leader in California and the United States for years to come.”

President and CEO Bo Linton stated, “We are very pleased with the agreement and look forward to a long lasting
and productive relationship with Cipriano Sulamo, the owner-operator of Country Junction Farms.” Linton continued,

“This is just the beginning of our plans for rapid growth and expansion throughout the legal marijuana industry.
We are working with very experienced professionals in the booming cannabis industry and are planning to be a
leader in California and the United States for years to come.”


http://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=23962

[rawman]

The debt is now paid in full and of the books for CaliPharms Inc., as of February 15, 2017.

On DECEMBER 31, 2016, KGET had a TOTAL CASH BALANCE of $2700! SIX WEEKS later, with no revenues, Bobo "THE CLOWN" Linton, via a PR, claims to have paid off a $50,000 CONVERTIBLE NOTE. WITH WHAT?THE COMPANY HAD NO CASH!

THE FLUFF PR's ARE BS DESIGNED TO ATTRACT INVESTORS THAT DO NOT ASK "HARD" QUESTIONS! Since KGET has gone "DARK", the investors do not have access to any filings (SEC Form 8-K's) that might shed light on the loan settlement transactions!

On February 15, 2016 KGET had ONLY TWO OPTIONS that would allow paying the debt! The first would be "replacement" debt, i.e. borrowing to pay off the previous debt! The second would be to "encourage" the note holder via special conversion conditions to actually convert the note to KGET shares. Of course a "conversion", with special "incentives", whacks shareholders with greater dilution!

KGET has purportedly paid off 1/6 ($120K of $720K) of it convertible debt. HOW?

(Aside from THE CLOWN...NOBODY KNOWS!)

[rawman]

The debt is now paid in full and of the books for CaliPharms Inc., as of February 15, 2017.

On DECEMBER 31, 2016, KGET had a TOTAL CASH BALANCE of $2700! SIX WEEKS later, with no revenues, Bobo "THE CLOWN" Linton, via a PR, claims to have paid off a $50,000 CONVERTIBLE NOTE. WITH WHAT?THE COMPANY HAD NO CASH!

THE FLUFF PR's ARE BS DESIGNED TO ATTRACT INVESTORS THAT DO NOT ASK "HARD" QUESTIONS! Since KGET has gone "DARK", the investors do not have access to any filings (SEC Form 8-K's) that might shed light on the loan settlement transactions!

On February 15, 2016 KGET had ONLY TWO OPTIONS that would allow paying the debt! The first would be "replacement" debt, i.e. borrowing to pay off the previous debt! The second would be to "encourage" the note holder via special conversion conditions to actually convert the note to KGET shares. Of course a "conversion", with special "incentives", whacks shareholders with greater DILUTION!

KGET has purportedly paid off 1/6 ($120K of $720K) of it convertible debt. HOW?

(Aside from THE CLOWN...NOBODY KNOWS!)

[konshe]

This is a good news. No dumping and dilution.

[$Pistol Pete$]

$KGET CaliPharms Expands its Operations with the Acquisition of Pacific Cannabis Growers KGET

http://finance.yahoo.com/news/calipharms-expands-operations-acquisition-pacific-230000603.html

RIVERSIDE, CA--(Marketwired - Mar 28, 2017) - CaliPharms, Inc. ( OTC PINK : KGET ), a Company operating in the California Medicinal Cannabis industry, is pleased to announce it has duly executed the definitive stock purchase agreement with Pacific Cannabis Growers (PCG), a Humboldt County California Medical Cannabis Farm. (www.pcgrowers.com)

PCG is a medical cannabis farm that is currently in the process of permitting land in Humboldt County for cultivation of medical cannabis. Seedlings are being grown as shown on the PCG website and a cannabis cultivation permit is expected to be issued sometime in late April. Upon the permit being issued, PCG will build fencing and prepare the area for cultivation. PCG expects to achieve two harvests in 2017 provided the permit comes in during April 2017.

CaliPharms has purchased 51% stock ownership of PCG in a structured buy out over a 5 year period. The terms of the agreement are based on the profitability of PCG. The final purchase price is based on the actual profit margin of PCG. In the event the market conditions change in the cannabis growing industry, the agreement with the parties has the flexibility to adjust the final purchase price. The agreement is based on a ten times multiple in its profits and it is payable in CaliPharms preferred series stock. The preferred stock will be eligible to be sold in a leak out agreement over a 5 year period after it has been issued and aged under the applicable SEC rules.

Joshua Clark, President of Pacific Cannabis Growers, stated, "We are very pleased to be joining up with CaliPharms. This deal is performance driven, which will benefit us, CaliPharms and its shareholders in the long run. To be involved with a group as excited about the cannabis industry as we are is a blessing. We plan to produce top quality cannabis for the medical market and we value the long term goals of CaliPharms growth and sustainability."

CaliPharms CEO Bo Linton stated, "Pacific Cannabis Growers is a very important part of our long term plan for continued growth. Joshua Clark is now a valuable part of the CaliPharms team and I couldn't be more pleased to have his expertise, knowledge, and experience on our side." Linton continued, "Joshua knows this California industry as good as or better than anyone and our goals and interests are aligned which is great news for all of our shareholders. This shareholder friendly deal structure only works because Joshua understands the long term value of our fledgling company and we are in it for the long run."

CaliPharms long term business plan includes acquiring numerous cannabis production facilities and product lines. This will allow us to supply our other business ventures with the raw materials needed to make award winning cannabis products, and to create a new market suppling other canna-ventures with the raw material they need to produce their products. Securing CaliPharms cannabis supply/production capability is our top priority. This will help establish CaliPharms as an industry leader in the near future.

Pacific Cannabis Grower's permit type (Mixed-Light) will allow for multiple harvests year round, in fully automated greenhouses, giving this acquisition additional value for Calipharms.

The farm will be operating a 10,000 sq ft "mixed light" commercial cannabis cultivation permit. *Mixed light is growing in greenhouse with artificial light supplementation; this allows for multiple harvests through the year. The estimated total 2017 Gross Harvest/Income value is $1,868,160.

For up to date information on the company please follow us @

facebook.com/CaliPharms

twitter.com/CaliPharms

About CaliPharms, Inc.

CaliPharms Inc., trading under the symbol (KGET) which trades under its former name "Kleangas Energy Technologies, Inc." is a medical marijuana-cannabis business. The Company operates through its 51% owned subsidiary County Junction Farms, Inc., and Pacific Cannabis Growers, Inc. within the State of California. The Company currently is focused within the medical marijuana-cannabis industry. The second tier of development for the company will be to expand into other sectors that support the legalized cannabis industry. The company intends to expand its operations as the laws for each individual State change and allow.