CEN Biotech whoop ass

Gmack420

Well-Known Member
So goes this forum. Everyone is selling out for a piece of the profiteer pie.
I don't care if someone wants to make $$ just don't act like you're not exactly what you are. Certainly don't call others out for having questionable morals and ethics when his own are the same or worse.
 

itsmehigh

Well-Known Member
"Certainly don't call others out for having questionable morals and ethics when his own are the same or worse."

That's brilliant, you are right, I could have not said it better. I'm sorry if I hurt GB's feeling.

Who are you to do it to me?

I know you are but what am I?

Itsme.
 

Gmack420

Well-Known Member
"Certainly don't call others out for having questionable morals and ethics when his own are the same or worse."

That's brilliant, you are right, I could have not said it better. I'm sorry if I hurt GB's feeling.

Who are you to do it to me?

I know you are but what am I?

Itsme.
I for one have never abused the Mmar or Mmpr unlike yourself. I can't tell you if gb has but if he has atleast he has enough sense to not go online and brag like a fucking retard about it. Good luck hope you spend every cent your investors have and never grow another gram.
 

gb123

Well-Known Member
"Certainly don't call others out for having questionable morals and ethics when his own are the same or worse."

That's brilliant, you are right, I could have not said it better. I'm sorry if I hurt GB's feeling.

Who are you to do it to me?

I know you are but what am I?

Itsme.
I'll get over it ;)
 

itsmehigh

Well-Known Member
I for one have never abused the Mmar or Mmpr unlike yourself. I can't tell you if gb has but if he has atleast he has enough sense to not go online and brag like a fucking retard about it. Good luck hope you spend every cent your investors have and never grow another gram.
You have never bought, received or traded from a MMAR patient? Or never bought through a dispencery or CC?

Itsme.
 

Gmack420

Well-Known Member
You have never bought, received or traded from a MMAR patient? Or never bought through a dispencery or CC?

Itsme.
I've never grow mj legally using mmar grow papers with the intent to sell it. According to hc I've never purchased legal mmj. I love it when you try to justify your large scale diversion of mmar grown bud. What you did was hide behind mmar grow papers and profited hugely off it for years. Now you want to be a LP or be in business with them sharing you're wisdom(so much lol) you sir are the scum of the Canadian mmj system. fuck the sick people you just want to profit no matter how. Scum like you are the reason we now have to fight for the right to grow. Your abuse of the system your fucking overwhelming greed is the problem with the Canadian mmj system.
 

bcbreeder

Well-Known Member
Theres some patients to blame as well, I got approached by two that wanted a designated grower,
Only thing they wanted it totally free and expected me to grow in excess and back door it to cover my costs...
 

gb123

Well-Known Member
Not really... depends again...how you grow it..

and besides....

MMAR patients are suppose to suffer because of a BAD FEW?

That's where the RCMP are supposed to DO THEIR FUCKING JOB!!! and WHAT WE PAY THEM FOR!!!...

instead of shutting down the legit ones that need it for their health. Shut down the ones doing it WRONG!!!. It would be much easier than wasting OUR MONEY fighting US!
 

oddish

Well-Known Member

leaffan

Well-Known Member
This could really go both ways..
The original application process said you should expect a response within like 8 weeks.. Health Canada was constantly saying things like, "You're in the final stage of security checks", etc.

Certainly not suggesting the applicants are in the right, but it's a real mess on both sides.
I meant from the CSA
 

leaffan

Well-Known Member
This could really go both ways..
The original application process said you should expect a response within like 8 weeks.. Health Canada was constantly saying things like, "You're in the final stage of security checks", etc.

Certainly not suggesting the applicants are in the right, but it's a real mess on both sides.
forget that last post, I know what you mean now
 

The Hippy

Well-Known Member
LP's problems you say......shoulda never gone there in the first place. I knew it would fail and I'm just a Dumb Hippy
 

oddish

Well-Known Member
http://www.baystreet.ca/viewarticle.aspx?id=432073

We are very excited about the promise of recently disclosed information that, in our opinion, solidifies our position with Canada in our continued pursuit of our earned and deserved license to grow medical marijuana. On September 1, 2015, the Attorney General for Canada was served with our claim for damages under NAFTA. Once the facts surrounding this case are reviewed, we are confident that with this new factual information, CEN Biotech will prevail. This new and relevant information has been sealed by the court, preventing us from disclosing it publically. Additionally, we continue to pursue our license to grow medical marijuana under the Judicial Review process and our fight with Lakeshore at the OMB with these new facts. Our pre-hearing at the OMB is scheduled for January 5, 2016.
 

gb123

Well-Known Member
Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission.


in other words....
right out their wazzoo
 

CannaReview

Well-Known Member
http://www.sec.gov/Archives/edgar/data/1653821/000107878215001519/form10091815_ex99z1.htm

Some good segments. This stock is for day traders to flip fliop anyone investing their saving into it, well go head lol

4.

Untimely processing of our license applications by Health Canada may cause our business to fail.


The success of our business plan relies in part on the timely processing by Health Canada of our application to become licensed producers under MMPR. According to Health Canada, as at August, 25, 2014, it had received 1,009 formal production licenses applications under the MMPR since its call for applications in 2013. Of those, 462 applications have been returned as incomplete, 201 have been rejected and 32 withdrawn. To date, 14 productions licenses have been granted to 13 different producers with only two licenses granted during the summer of 2014. Due to the slow progress, uncertain timing, and apparent backlog of production license application reviews by Health Canada, we are unable to determine with any accuracy when our application will be processed. Undue delays on the part of Health Canada in processing our application may result in our failure to generate any revenues in the foreseeable future which could cause our business to fail.

Page 12
http://www.sec.gov/Archives/edgar/data/1653821/000107878215001519/form10091815_ex99z1.htm
http://www.sec.gov/Archives/edgar/data/1653821/000107878215001519/form10091815_ex99z1.htm

2.

Our independent registered auditors’ report includes an explanatory paragraph stating that there is substantial doubt about our ability to continue as a going concern.


We have not yet generated any revenue and have no committed sources of ongoing debt or equity financing. Our independent registered auditors included an explanatory paragraph in their opinion on our financial statements as of and for the fiscal period ended December 31, 2014 that states that this lack of resources causes substantial doubt about our ability to continue as a going concern. No assurances can be given that we will generate sufficient revenue or obtain necessary financing to continue as a going concern.
3.

The failure to become licensed by Health Canada for the production of medical marijuana production may cause us to abandon or seriously delay our business plan.



There is no assurance that our request for a license to produce and market medical marijuana will be approved by Health Canada. Our failure to obtain a license from Health Canada would materially and adversely affect our company's operations, and we would need to revise or abandon our business plan accordingly.
Pages 13-16 are pretty interesting. I wonder if all the buyers today actually read the Information Statement

16.

Shareholders may be diluted significantly through our efforts to obtain financing and satisfy obligations through issuance of additional shares of our common stock.


We have no committed source of financing. Wherever possible, we may attempt to use non-cash consideration to satisfy obligations or obtain financing. Our board of directors has authority, without action or vote of the shareholders, to issue all or part of the authorized but unissued. In addition, if a trading market develops for our common stock, we may attempt to raise capital by selling shares of our common stock, possibly at a discount to market. These actions would result in dilution of the ownership interests of existing shareholders may further dilute common stock book value, and that dilution may be material.
There is a long-term loan with a principal balance of $612,000 due to Mr. Chaaban. It bears interest at an annual rate of 12% and is repayable in installments through October 2017. If the Company defaults, Mr. Chaaban has the right to purchase the property at 135 North Rear Road for a price equal to the unpaid principal and interest of the loan.
 

Gmack420

Well-Known Member
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