Posted On: 07/31/2014 9:24:12 PM
Post# of 36728
Re: AmericanSavage #36264
AEGY: Is there any there there? PharmaJanes relays an order from a website user to a collective, and its job is done.
Per AEGY Q3 2014 (issued June 23, 2914): PharmaJanes acts 'solely as an expediter and processor' of orders; fulfillment is done entirely by collectives or other medical marijuana providers.
PJ owns no product; never handles product; never delivers product. There's nothing about PJ that numerous other firms couldn't mirror; I therefore don't see why any significant value would attach to PJ; and, in fact, the company is valued at peanuts by the market.
AEGY acquired PharmaJanes from IEquity Corp. (CEO Henry Jan, VP Olivia Naveda, Sec. Robert Hipple) on May 30, 2013 "in exchange for our promissory note payable to iEquity Corp. in the amount of $30,000, due in three years at 8 percent interest and convertible after six months at the election of the Holder at 50 percent of the closing market price of our common stock at the date of closing, May 31, 2013, or a conversion price of $0.00105."
Per AEGY Q3 2014 (issued June 23, 2914): PharmaJanes acts 'solely as an expediter and processor' of orders; fulfillment is done entirely by collectives or other medical marijuana providers.
PJ owns no product; never handles product; never delivers product. There's nothing about PJ that numerous other firms couldn't mirror; I therefore don't see why any significant value would attach to PJ; and, in fact, the company is valued at peanuts by the market.
AEGY acquired PharmaJanes from IEquity Corp. (CEO Henry Jan, VP Olivia Naveda, Sec. Robert Hipple) on May 30, 2013 "in exchange for our promissory note payable to iEquity Corp. in the amount of $30,000, due in three years at 8 percent interest and convertible after six months at the election of the Holder at 50 percent of the closing market price of our common stock at the date of closing, May 31, 2013, or a conversion price of $0.00105."
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