Angel has defeated the darkness, we move forward i
Post# of 5949
Our dark period, was impeded by this...
Quote:
Important Excerpts from the Q2/2014 Financials:
"In Q4 2012, the Company completed debt obligations that had been negotiated in the previous quarter. Upon completion, BG Medical reevaluated the relationship the company previously held with Baron Capital Enterprises (BCAP), a debt holder in the Company, and consultant to debt holders associated with the Company prior to the January 2012 reverse merger with BG Medical. Executive management concluded that financing commitments previously set forth by BCAP to BG Medical had not met expectations. As a result of an internal study examining historical transactions, management further alleged that ongoing actions by BCAP could cause irreparable harm to both Company and shareholders. To protect shareholder interests and future business interests, the Company sought to limit uncontrolled free trading shares from entering the marketplace from methodologies that that did not support business growth and/or shareholder earnings. Stopgap measures were put into place that limited corporate communications until a long-term strategy with sufficient resources had been established. The resultant lack of capital financing as previously planned, coupled with the presence of an unresolved capital financing relationship, created challenges for BG Medical in adhering to stated growth projections that were dependent upon capital support."
....................
Armed with capital, we move forward in 2014-15...
Quote:
Quote:Excerpts from 2014 Financials:
“Upon facilitation of capital financing agreements erected in Q4 2013, new products and services for consumers and businesses are expected to resume development for enhancing the BudGenius software and data collection platform, including but not limited to, mobile app development, online transparency for laboratory workflow, marijuana genetics and strain mapping, marijuana heritage profiles to highlight sustained and exceptional farmer pedigree, business intelligence data gathering tools, consumer purchase pattern analysis, medical efficacy analysis, loyalty programs, portable diagnostic hardware for patients, and internal tools to optimize company workflow for the purpose of reducing cost of goods sold."
#1. OTC Pink Current.
#2. 14 Press Releases since March, 12 PR’s since May.
#3. Genius Bio Tech Corp (GBTC) now registered in Delaware.
#4. Shares bought back last month, more planned.
#5. New Website: http://geniusbiotech.com/ in draft mode warming up.
#6. BG Med Tech is now current and registered in NV.
#7. RightSmile is now current (taxes paid) in Wyoming.
#8. http://budgenius.com
Looking Forward to the Name/ticker change