Last 5 SHLs from CEO DEC 17, 2018 “Shareholders, I am happy to report another record quarter with Record sales and record revenues. The company generated sales revenues of over $4.551 million during the 12 months ending 10/31/18 compared with sales revenue totaling $1.679 million for the 12 months ending 10/31/17 representing a 171% increase. The company expects revenue to grow as we open new lines of business and start new ventures.
We continue our success with the signing 2 private label companies: one who has been shipped and continues to sell our product, and the other coming on line shortly. We will discuss these deals below. We achieved new milestones with the signing and shipping of AutoNation and Carmax dealerships and are in discussions with other large dealership groups around the country. Overall our business is in a great place as we position the company for continued future growth.”
On September 14, 2018 the Company announced that it had signed a letter of intent to purchase 75% of a Craft Cannabis called Sifthouse BC for a total consideration of $1 million contingent upon Sifthouse BC obtaining a license to distribute Cannabis related product in Canada. The plan is to grow highly profitable specialty blends of craft Cannabis.
“This business is about to explode and we are in on the ground floor. It is my expectation that big tobacco and spirits companies will be in control of this business going forward and the expectations and potential profits will be amazing. As markets and countries open we will be able to franchise our company to every city that makes cannabis legal over the next few years and I believe craft growers will be the biggest part of the cannabis boom. The company’s investment to date is $100,000.”
“I am sorry to keep having to include this in the letter but I still get messages from people accusing me of doing a Reverse Split.
ALL CAPS DEEMED NECESSARY HERE: LET ME SAY THIS AGAIN, AGAIN, AGAIN and AGAIN: THERE WILL BE NO REVERSE SPLIT.
LET ME SAY THIS AGAIN AS WELL: THERE ARE NO PLANS TO DO ANOTHER 3A1O
So if you don’t understand it, again, there are no plans on the table to do a reverse split.”
Berman adds, "The Company is in great shape as we continue to close deals and increase revenue. Closing the 3 huge dealer groups is a blockbuster event and will increase revenue three fold in the future. In addition, we are looking at ways to unlock shareholder value in every way as we open new opportunities and look to capitalize at every turn."
“As we have discussed, we have 2 private label deals in place and are working on 2 others as we speak. We have shipped Pharrel Protection and have had many meetings with them as they distribute our products to their clients.
The second Private Label client is a Blockbuster and they want complete secrecy as they are still in the process of creating their ad campaign with will include Print, Radio, TV and Social Media. They want to break everything together.
I believe that once their competition sees these ads they will all fall. We also do not have any exclusivity with this company and we can sell to anyone just not using the private label name.”
DELAWARE AND SHARE REDUCTION
“As we have discussed, I have made a settlement with Delaware to pay off our debt to them. I will be making this payment before 12/31/18. As also stated I have resolved the 2 outstanding share reservations outstanding which will give us the opportunity to reduce the amt of shares.”
“Once Delaware is paid off completely I will send a note to our TA to reduce the OS by 1.4 billion shares. I will also send this out in a report to shareholders.”
“This will also speed up the move to Colorado, which can now progress as everything is done that needed to be.”
HEXAGON 6TH LEG
“As of today, the 6th leg of hexagon is complete. We will be starting a new web based platform called GIFTCARDEXCHANGE.SHOP.”
“We own the name GIFTCARDEXCHANGE.SHOP. The premise is simple: we all get gift cards for birthdays, anniversaries and other occasions. If you are like me, you get gift cards for things you could never use or want or in some cases you get an Amazon card but you want Apple. Now there is a place where you can go and get what you want. We are not selling new company gift cards at a discount though that is not out of the question in the future.”
“You come to the site and list your card on our site for a fee. Then you can trade your card for a card that you want. I probably have over 15 gift cards in my desk drawer that I have not used and would love to get something else. I will be discussing this platform in all updates and listing our progress as we move to complete the last leg of our company.”
“The company is in a great position to capitalize on new markets. Distracted driving is an epidemic in the world and is only getting bigger. Cannabis is one of the fastest growing businesses led by total legalization in Canada with 10 other countries to follow. We have Private label deals in place and we are creating new revenue streams. We are positioned for the future and will continue to ride the wave accordingly.”
SEPT 14, 2018 "Shareholders: I am happy to report another record quarter with sales up over 11% from last quarter and over 120% year over year. We achieved new milestones with the signing of AN and C max and more big names to come. We have started shipping AN and I will be discussing states and distribution with C max next week. To date we have shipped 12 AN stores and more coming in the next month.
I am also pleased to announce that we have made a distribution deal with a company that provides logistics and software to almost every municipality in the USA and in Europe.
They want to create the first distracted driving network for government fleets of Cars and Trucks. As soon as our NDA expires and it will be soon I will announce the name of the company.
I am pleased to announce that we have signed a letter of intent to purchase 75% of a craft Cannabis company called Sifthouse BC. Sifthouse is a craft Cannabis company and a new business based in Vancouver. If you think of craft cannabis like a craft beer company, they will grow highly profitable and specialty blends in the way craft beer, such as montaulk IPA, does. This business is about to explode and we are in on the ground floor. It is my expectation that big tobacco and spirits companies will be in control of this business going forward and the expectations and potential profits will be amazing. Terms of financing are being worked out and will be announced in the next update but we will be sending Sifthouse a payment of $100,000 within the next few weeks. As new markets and countries open we will be able to franchise our company to every city that makes cannabis legal over the next few years and I believe craft growers will be the biggest part of the cannabis boom.
ALL CAPS DEEMED NECESSARY HERE: LET ME SAY THIS AGAIN, AGAIN, AGAIN and AGAIN: THERE WILL BE NO REVERSE SPLIT.
LET ME SAY THIS AGAIN AS WELL: THERE ARE NO PLANS TO DO ANOTHER 3A1O.
So if you don’t understand it, again, there are no plans on the table to do a reverse split.
If you can't read or don’t understand this, get glasses. In my expectation, we will get the Hexagon deal done and be able to make the move to Colorado shortly. Nobody is more frustrated then me about this.
The company is in great shape as we continue to close deals and increase revenue. Closing the 3 huge dealer groups is a blockbuster event and will increase revenue three fold in the future.
In addition, we are looking at ways to unlock shareholder value in everyway as we open new opportunities and look to capitalize at every turn.
As of today at 3:30pm we have received a verbal agreement for our first private label deal. We have been working on this deal for the last 4 months and after many meetings we got the verbal today. As soon as we have the docs signed I will announce the company as it is a very big company and a huge deal for us. I was hoping to get signatures today but it is not possible.
We are also working on two more big private label deals one in Europe and the other in Turkey. We have made every change they have asked us to make and we are pushing forward everyday. I am hoping to get answers ASAP.
AS discussed per our attorneys I sent a board Resolution to our TA only to find we have 3 issues to overcome:
1. we need to settle with Delaware.
2. we have 2 share reservation letters one from 2015 and one from 2014. Both of these companies hold no shares but we have to get revision letters from them to remove the reservations. I have reached out to both companies and was hoping to hear back by today.
3. I have made an offer to Delaware to reduce the amount and we believe they will accept. Once these 3 items are complete the share reduction will take place.
This is totally on me and I can only take full responsibility for these items but it will get done and soon.
HEXAGON 6TH LEG
As of today, the 6th leg of hexagon is complete we have started a new platform for merchandise to freely trade. We have purchased a variety of domain names and we are waiting to get financing in place. As soon as that happens we will announce via a PR all details. I am sure this will be a GRAND SLAM.
I will discuss the dental and the beta testing and the OBD development in the next update as we are moving everything along.
The company is in a great position to capitalize on new markets. Distracted driving is an epidemic in the world and is only getting bigger. Cannabis is one of the fastest growing business led by total legalization in Canada with 10 other countries to follow. We are positioned for the future and will ride the wave."
SHL June 15, 2018 "I’m happy to start this update off by saying we reported record revenue of $1,073,000 for the quarter ending April 30, 2018 vs $307,754 in the same quarter last year and an increase over last quarter revenue. We have signed huge deals last quarter and our growth continues to rise as demand for our products increase dramatically.
I am pleased to say that we signed the largest dealership group in the USA, AutoNation, and we are starting to implement sales to those dealerships. We also signed Carmax and will be rolling out in those stores as fast as possible. In signing those two auto giants we now have entry to every auto group in the USA. I am also pleased that we signed many dealerships in New England, Tri State NY, Florida, Midwest, Mid Atlantic, and West Coast. Our rep network of outside sales people has proved to be nothing short of amazing.
I am also pleased to let you know that we have made major progress with insurance companies both in the US and Europe. Insurance companies are the golden goose because they have so many policies in effect. The fact that they can save money by offering Bsafe to their policyholders is very appealing to them. It also provides great branding for them to promote the fact that they can save lives.
As I stated in the last update, we have contracts out for fleetsafer with various size companies and are looking to close soon. We are also very close to closing our private label products with 3 different companies.
As I stated, the Necca app was approved by both Google Play and Apple and we will be meeting with our agency to create ads which will break sometime in August or September.
Much more to come.
We have decided which company in Canada we would like to be with and we will be having a conference call with the Vancouver based co to discuss plans within 2 weeks. The market has become so hot that many of the companies are increasing their land holdings and the cost for good growing land has shot through the roof.
I will be traveling to Vancouver in July.
As I have stated we are still waiting for the name change and re domicile to be approved. That being said, if it does not occur by July 4th, I will be reducing the OS by the stated 1.4 billion and will reduce the AS when the approval to Hexagon occurs. YES THAT’S RIGHT YOU HEARD IT CORRECT, IF THE CHANGE DOES NOT OCCUR BY JULY 4 I WILL REDUCE THE OS BY 1.4 BILLION SHARES.
I believe that Hexagon will provide major value for all our share holders.
I have been in contact with a major urgent care provider in the NY tri state area to lease space from them in their facilities for a 24 hour on call dental service.
We have also received a proposal from a mobile dentistry maker that includes x-ray instruments, chair and all aspects of a mobile dentistry unit.
We will be using these products to set up a unit which provides mobile dentistry for assisted living and elder care facilities.
Once we are active in the facilities we can expand to podiatry and other health needs. Anyone with an elder parent knows that the first thing to go when you get older are teeth and feet.
I am hoping to be in this field within the next 3 to 4 months providing the company with an additional revenues stream in a growing and exciting business.
I will be traveling to Pennsylvania next week to discuss plans with a new partner to create the 6th arm of Hexagon. Once a deal is in place I will be making an announcement as to what that new business will be.
The company is in great shape as we continue to close deals and increase revenue. AutoNation and Carmax is a huge event for us and will increase revenue three fold in the future.
In addition we are looking at ways to unlock shareholder value in every way as we open new opportunities and look to capitalize at every turn.
In the next update we will concentrate on our foreign business especially Europe, Dubai, Turkey and Asia.
“Shareholders, I’m happy to start this update off by saying last week was a perfect trifecta. We closed 3 huge deals with 3 of the top 20 dealership groups in the USA with over 500 dealerships total. This is the best news I can report. I would like to give the names but I can’t risk the same 4 people harassing them on a constant basis.”
“This was the biggest deal we have ever done and after months of work we finally hit the jackpot. We will be rolling out slowly and not all dealerships will participate at once. These groups have stores in just about every state across the country. I will be travelling to the corporate headquarters of these 3 groups next week to discuss all aspects of the deal including inventory allocation, shipping, training and implementation.”
“These deals put us on the map as a big player in this field. We continue to surpass all estimates as we open big dealerships all through the east coast from Maine to Florida. As I stated in the last update we have contracts for Fleetsafer with various size companies and are looking to close soon.”
“The company has also broken through the door at various Insurance companies, both here and abroad, and have in some cases proposals out to some of these entities. We are also in the process of setting up private label deals as we have created 3 new versions of our product with slight variances.”
“Einstein is back in Dubai for the last meeting with Dubai Taxi as we have made all the changes they requested and we are looking to move forward with an order. Inventory remains constant and we are increasing capacity everyday.”
“As well, the Neca app has been approved by both Apple and Google and looks great. We will be discussing implementation over the next 2 weeks- Love it!”
“Much more to come in the following weeks.”
“Friday, I received the final plans for 2 of the Cannabis companies we spoke about in the last update. I will be travelling to Canada within the next 3 weeks to discuss the possibility of final implementation. I believe the potential revenue here is tremendous and I’m hoping to make a decision shortly. As I have said many times I believe Canada is the place to be for Cannabis.”
I had a long conversation with my lawyer today and he believes we are very close to Hexagon being approved. As I have stated many times, once Hexagon is approved the share restructure will occur: The Authorized Shares will be reduced by 1 billion shares and the Outstanding Shares will be reduced by 1.4 billion shares.”
“ALL CAPS DEEMED NECESSARY HERE: LET ME SAY THIS AGAIN , AGAIN, AGAIN and AGAIN: THERE WILL BE NO REVERSE SPLIT.”
“LET ME SAY THIS AGAIN AS WELL: THERE ARE NO PLANS TO DO ANOTHER 3A1O”
“I believe that Hexagon will provide major value for all our share holders.”
“I HAVE ALSO BEEN IN DISCUSSIONS WITH A VERY EXCITING COMPANY RE THE 6TH ARM OF HEXAGON WHICH I WILL DISCUSS IN THE NEXT UPDATE.”
“The company is in great shape as we continue to close deals and increase revenue. Closing the 3 huge dealer groups is a blockbuster event and will increase revenue three fold in the future.”
“In addition, we are looking at ways to unlock shareholder value in everyway as we open new opportunities and look to capitalize at every turn.”
“I could talk forever about ONCI but I will save Items for the next update.”
March looks like it will be another record month as our new dealerships keep adding inventory and selling more product every week. Every day we close new deals and most important we are closing them in states where we just entered.
This week we have closed deals in Georgia, Mass, Wisc, NH, Florida, VT, and are close to deals in OR, MD, VA and PA, and I expect to be announcing more deals every week as we continue to expand our foot print all across the USA. We also have many contracts out with Fleetsafer and expect to close them shortly.
We are close to a deal with a Turkish Insurance company and we made them an amazing offer on Tuesday. We will hear from Dubai Taxi and await their test report. In regards to inventory we will have enough to handle any and all deals that will come up and still have reserve left over. Our new streamlined process allows us to not only cut costs but cut time from beginning to end by over 20 minutes.
Much more to come in the following weeks.
Everyday I’m more convinced that if you want to invest in the pot business, Canada is the place to be. As of today, we have cut our target list down to 4 potential companies. The problem always is a License. Canada is only issuing so many of these and there are more companies applying every day. Most of the companies will tell you that they have a license when in fact they have applied for one but don’t actually have it yet. The 4 companies we are looking at are based in Vancouver, Sask, Quebec and Ontario, respectively. One is a grower that has land and is currently growing another product and can convert to pot in 30 days. They already have the land and the equipment; all they need is the seed. They also have options on surrounding land which makes this very valuable. The second Company is a lighting manufacturer that creates lighting to help grow indoors at a faster clip. The third is a new concept that I am not at liberty to discuss. The fourth company is a seed importer and exporter and has operations in Europe and Canada. All are very interesting and demand is very high for all these types of companies. We will see where the chips will fall. I will continue to update as things progress.
I’m more convinced of 2 things! Urgent Care Dental is a Home Run and single freestanding stores are not the way to approach this concept. I have reached out to some of the Urgent Care Players in the New York area looking to do a joint Venture combining Urgent Care Medical along with Urgent care Dental to make it a total Urgent Care facility. I will hopefully be meeting with some of these companies in the upcoming months to discuss this opportunity. As health care insurance becomes more expensive, many families are cutting out their Dental insurance and are going to the dentist less unless it's an emergency and paying the full fare out of their pocket. It’s a risk but some families can’t afford the extra money to have dental insurance. The more I read about the future of health care insurance, the more I believe this is a winner. All you have to do is look in almost any strip mall; there are urgent care stores popping up everywhere. I will update as we move forward.
As I have said many times: I, as well as my Lawyer, believe that we are very close to becoming Hexagon and the name change going through and being approved.
As I have stated many times, once Hexagon is approved the share re structure will occur the AS will drop by 1 billion shares and the OS will drop by 1.4 billion shares.
LET ME SAY THIS AGAIN: THERE WILL BE NO REVERSE SPLIT. IT HAS NOT EVEN BEEN DISCUSSED BY MY TEAM AND THERE ARE NO PLANS TO DO THIS.
As can be seen we reduced our debt considerably and the plan is to reduce our remaining debt more as we move into Hexagon.
LET ME SAY THIS IN CAPS: THERE ARE NO PLANS TO DO ANOTHER 3A1O. THE FIRST ONE SHOULD BE DONE EITHER TODAY OR MONDAY AND THAT’S IT.
I believe that Hexagon will provide major value for all our shareholders.
I will be sending out these updates every month and will talk about the state of the company including where the audit stands as I get more information.
I believe these updates are better than a release on every deal we get and are helpful and will give investors an idea of where the company is headed.