$DGLV MORE GREAT DD DGLV/Somerset/Stevens observa
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DGLV/Somerset/Stevens observations...
Digilava was just taken over by Robert Stevens on Jan 20th, the owner of Somerset Capital Ltd. Based in Colorado.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx…
http://www.somerset.vc/
https://www.linkedin.com/in/somersetstevens
Robert Stevens used to be partnered in Hoss Capital with Paul Enright.
http://www.sos.state.co.us/biz/BusinessEntityDetail.do…
http://www.bloomberg.com/research/stocks/priv...son.asp…
Paul Enright was the interim CEO of United Cannabis (CNAB). He acquired the shell of MySkin Inc. and merged United Cannabis into it, eventually turning it over to CNAB’s current BOD.
http://www.otcmarkets.com/stock/CNAB/filings
Stevens locally promotes his company as a Cannabis VC.
https://angel.co/somerset-capital-funding-ltd
http://denver.startups-list.com/startups/marijuana
Now, Stevens controls several tickers. He’s actually court appointed by the 8th Judicial circuit of Nevada to act as the receiver and trustee of abandoned or bankrupt tickers. He recently reverse merged a company into RCTS where he is still listed as “trustee”. After bringing recruits into the previously abandoned shell it now trades at 1.15
He’s also the appointed receiver for ticker SEWC. Initially investors on SEWC were thinking he would merge MJ into that one. But SEWC has a 2 billion A/S and it’s a mess. Stevens seems to prefer cleaning shells up with only 200mm A/S so it’s likely that SEWC will eventually be R/S’d. More importantly some SEWC stock holders called Stevens and he specifically told them it was not going to be MJ. The SEWC people may have been on the right track but had the wrong ticker.
If you look on the angel.co site you’ll see that Somerset is followed by a company called Pot-O-Coffee. A THC infused coffee company.
https://angel.co/infopotocoffee
The SEWC holders were convinced that Stevens was going to be merging Pot-O-Coffee into SEWC. They were pumping it as such on ihub and twitter until Stevens set the record straight.
If Stevens were to merge MJ into any tickers at this point with SEWC eliminated, the only other two options were ESIT or DGLV. Both taken over in Jan. I had a feeling it wasn’t ESIT because the NVSOS was showing a “split” amendment. OTC markets also showed Stevens as “trustee” on ESIT. Where there was nothing updated on DGLV. Finra is now showing a 1 for 1000 R/S on ESIT. That is a classic “clean shell for sale” scenario. Not a set up that you merge a company into. Which leaves DGLV and it’s 205mm A/S as the only option left for a reverse merger.
We have the evidence that Stevens is pursuing MJ and we have the only possible ticker it could be. I believe the SEWC holders had the right idea but the wrong ticker and those looking at DGLV weren’t fully aware of the SEWC speculations or that Stevens is definitely pursuing MJ.
Bottom line is this guy is pursuing an MJ "exit fund" strategy per his Colorado venture capital ads. The best option is merge an MJ co into ticker, take his cut of shares and hand it over to the new BOD the same way his buddy Enright did with CNAB after taking it from pennies to multi dollars.
DGLV R/M into MJ coming, IMO.
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