InvestorsHub Logo
icon url

Compmast

03/21/14 12:40 PM

#60473 RE: num1inv #60472

Can I favorite this?
icon url

BigAlBalbosci

03/21/14 12:50 PM

#60479 RE: num1inv #60472

Good find Num!

I502 is the recreational side legislation which many many collectives are in the process of.

I spoke with Suzie about that.... she explained that its in the works. And a major component to the National branding they plan with the newly acquired assets.
icon url

Liquid1974

03/21/14 12:51 PM

#60480 RE: num1inv #60472

Great dd... Patience
icon url

Greedy G

03/21/14 12:54 PM

#60482 RE: num1inv #60472

Nice Dig!
icon url

goupyabeech

03/21/14 1:10 PM

#60507 RE: num1inv #60472

Re:just doing some DD here but it looks like it is associated with MJ.
In the 8k filing, 3/4 of the way down there is a photocopy of an Initial Report for Puget Power Co LLC where under NATURE OF BUSINESS: Producer/processor for I-502

Washington Initiative 502 (I-502) "on marijuana reform

http://en.wikipedia.org/wiki/Washington_Initiative_502

Here is a link which may prove helpful...

http://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&ved=0CDoQFjAD&url=http%3A%2F%2Fwww.liq.wa.gov%2Fpublications%2FPublic_Records%2F2014-MJ%2520Applicants%2FMarijuana%2520012114.xlsx&ei=b10sU6aTNJCGogTU5IIo&usg=AFQjCNGXKkSiGRCtKtWFiiEjTVEexDSDnw&sig2=GDLLEQ9YkAiSp8IHDPRM_Q&bvm=bv.63316862,d.cGU

Also, scroll down about 40% and see Exhibit B - Equipment..... looks to me like equipment for a grow op. Now whether this is the grow-op in conjunction with Suzie Q's or not...not sure yet...although it seems it may be associated with a second application for a Tier-1 MJ License.

Also stated here is that there is room for expansion and a photocopy 3/4 down the page shows a City Of Seattle construction permit with an issue date of 1/24/2014. (2 stories)

Puget - there is another photocopy from Dep. Of Labor And Industries dated 01/25/2014 .... 'Dear New Business Owner'....

Certificate of Formation for Puget dated 12/16/2013

So if Suzie Q's was growing their own bud with a Tier 1 License, my best guess is Puget is/was formed to acquire a second license, expand the building, and have more to sell through Suzie's

Great DD! Thanks.