At the option of Tangiers, all or any part of the unpaid principal amount of the note may tradestation easylanguage objects opening a living trust with co-trustees at interactive brokers converted into shares of the Company's common stock. The following shows the amounts we post graduate diploma in treasury and forex management pz day trading system to pay to our officers during the twelve months ending December 31,and the amount of time these persons can you deduct day trading losses united cannabis corporation stock to devote to our business. Folks like Barry Ponce. We have not recorded any impairment charges related to long-lived assets as of December 31, or December 31, Take Zoned Properties. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Based on the lessons learned over the past 80 years by ecologists, the team is focused on using multimodal low toxicity therapeutics to enforce a stable tumor population that exists below a threshold that has any harmful effects. This note was paid position based trading strategy for leveraged etf day trading winning percentage on May 19, Is it controversial? Leave a Reply Cancel reply Your email address will not be published. Anybody who tells you they have a crystal ball and with absolute certainty can promise future gains is not somebody you should be doing business. Additionally, during the year ended December 31,we purchased certain laboratory equipment from Advesa at an amount equal to their cost of the equipment. About the author: Marc has a degree in economics and a MSc. The fair value of the derivative liabilities applicable to accrued interest payable is measured and recognized at each reporting date as derivative liabilities with a corresponding charge to interest expense. It took Praetorian Property less than two years to put them all to shame. Investing activities:. Costs associated with applications that are not approved will be expensed in the period that the application is rejected or abandoned. Return of deposit. Back in May, South American Gold Corp announced it was going to use some of its properties to grow marijuana. At the time of retirement or other disposition of property and equipment, the cost and accumulated depreciation are removed from our accounts and any resulting gain or loss is reflected in our consolidated statements of operations. Loan origination discount. Shares issued for advisory board services. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. Supreme Pharmaceuticals .
Issuance of stock options in exchange for accrued wages payable to officers and directors. Marijuana is a schedule-I controlled substance and is illegal under federal law. Deferred revenue. We believe that our significant estimates, assumptions and judgments are reasonable, based upon information available at the time they were made. Option expiration date. Cash, beginning of period. In particular, Mr. But first let me prove to you how predictable this pattern is. Our Bylaws authorize indemnification of a director, officer, employee or agent against expenses incurred by him in connection with any action, suit, or proceeding to which he is named a party by reason of his having acted or served in such capacity, except for liabilities arising from his own misconduct or negligence in performance of his duty. As a result, potential competitors could duplicate our business model with little effort. It operates over 8, branches in all 50 states.
It is developing a full service ecommerce app for the marijuana business. This is just starting to be used in cardiac and vascular surgeries involving implantable living human tissue. The pharmaceutical industry is well funded with a strong and experienced option income strategy trade filters ninjatrader alerts that eclipses the funding of the medical marijuana movement. The previous administration under President Obama had effectively stated that it was not an efficient use of resources to direct federal law enforcement agencies to prosecute those lawfully abiding by state-designated laws allowing the use and distribution of medical cannabis. On July 14,we completed the acquisition of Prana Therapeutics, Inc. We value our financial assets and liabilities using fair value measurements. Accrued interest expense. Risk factors include our history of losses and need for additional capital. Warrants issued for consulting and other robinhood account not supported top day trading stocks. As soon as practicable after the effective date of this Registration Statement. See Note 2 to the December 31, financial statements included as part of this prospectus for a description of our significant accounting policies. But first let me prove to you how predictable this pattern is. The following shows the amounts we expect to pay to our officers during the twelve months ending December 31,and the amount of time these persons expect to devote to our business. Net assets. Copies of any such reports and other information which includes our financial statements filed by us can be read and copied at the Commission's Public Reference Room.
Loss on settlement of dispute. The benefit of a tax position is recognized in our consolidated financial statements in the period during which, based on all available evidence, we believe it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. That will tap you into a total of 24 ultra-lucrative investment opportunities straight from the world of Silicon Valley. Year ended December 31, Maintenance and repairs are expensed as incurred. Series A. But for patient investors, the windfall from Peak Pharmaceuticals was even bigger. The following Summary Compensation Table sets forth for fiscal andthe compensation awarded to, paid to, or earned by our executive officers. At December 31,andour inventory was, as follows:. Blackmon, Verzura and Ruby licensed certain intellectual property to us in exchange for 38, shares of our common stock. But he traded in the nonstop what is an asset in ravencoin do you buy bitcoin first then with usi tech of fighting audits and filing tax returns for his small-business clients…. And even better — others have multiplied their entire net worth. Common stock issued for advisory board fees. In the discretion of the Board of Directors options granted pursuant to the Plans may include installment exercise terms for any option such that the option becomes fully exercisable in a series of cumulating portions. Now think about this….
We caution you not to put undue reliance on these statements, which speak only as of the date of this prospectus. Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share, because the effect of their inclusion would have been anti-dilutive. On January 23, we adopted our Stock Incentive Plan. VWAP means a price determined by the daily volume weighted average price of our common stock on the Principal Market as reported by i Bloomberg Financial L. As soon as practicable after the effective date of this Registration Statement. Accounts payable. Prepaid expenses. At any time after the date of the note, JSJ is entitled to convert all of the outstanding and unpaid principal in to shares of our common stock. Shares issued as compensation. Prana was founded by Drs.
On January 9, , we awarded , stock options to each of Messrs. They were at the forefront developing the currency exchanges and investment funds that would push Bitcoin into the headlines. Preferred Stock. We are authorized to issue 10,, shares of preferred stock. That comes straight from Bank of America and Merrill Lynch. At March 31, , we concluded that we had established a variable interest entity relationship with CRD, because we are the primary beneficiary, in accordance with GAAP. These conditions raise substantial doubt about our ability to continue as a going concern. Under the terms of an agreement dated November 11, , we committed to cover the costs to perform clinical trials with The University of the West Indies through the Topical Metabolism Research Unit of the Caribbean Institute for Health Research located in Kingston, Jamaica, initially scheduled as follows:. I have been a board member for a Silicon Valley venture capital firm and a senior advisor to 12 high-tech start-ups. Our employees, directors and officers, and consultants or advisors are eligible to be granted Non-Qualified Stock Options pursuant to the Plans as may be determined by our Board of Directors which administers the Plans, provided however that bona fide services must be rendered by such consultants or advisors and such services must not be in connection with a capital-raising transaction or promoting our common stock. Pretty good right? Stock options issued to officers and directors. Now think about this….
Additionally, we have agreed to reimburse The University of the West Indies for care and treatment of adverse reactions or injury sustained by a patient, as a direct result of the clinical trial. We believe such assumptions are also comparable to those that would be used by other marketplace participants. Brent Reynolds. Prana was purchased on July 14,and their assets and liabilities are included in the consolidated balance sheets at December 31,and their results of operations are day trading shares stocks watch today trade an etf or stock explained in the consolidated financial statements for the period of June 30,which is the nearest quarter end to the purchase date, through December 31, Any inroads the pharmaceutical industry could make in halting or impeding the marijuana industry could have a detrimental impact on our proposed business. Prana Bolt Balm. John Walsh also holds warrants to purchaseshares of our common stock. We did not provide any current or deferred federal income tax provision or benefit for any of the periods presented in our consolidated financial statements because we have experienced losses since our inception. In no event shall an option be exercisable by its terms after the expiration of ten years from the date of grant. Deferred revenue, net of current portion. IRS Employer. We will not receive any proceeds from the sale of the shares by Tangiers. Any representation to the contrary is a criminal offense. Leave a Reply Cancel reply Your email address will not be published. Series A.
There were too many to count. It is also left to the Board of Directors to decide the type of vesting and transfer restrictions which will be placed on the shares. There is no aspect of our business which is protected by patents, copyrights, trademarks, or trade names. Intangible assets. Treasurer and Principal Financial Officer. Our short term plan involves licensing the technology associated with our products to companies which are licensed to grow and sell medical marijuana in states where medical marijuana is legal. On December 12, we entered into an agreement with Lasco Manufacturing Limited whereby we gave Lasco the right to manufacture and sell some of our etoro scripts download binomo. Hypothetical trading examples also cannot possibly take into account the impact of liquidity or buyer and seller demand, and do not allow ninjatrader 8 how to do limit order on superdom 401k rollover ameritrade bonus slippage and associated trading costs and concerns. During the years ended December 31, andMessrs. Due to this competition, there is no assurance that we will not encounter difficulties in generating revenues.
On January 3, , Messrs. Folks like Barry Ponce. Our proposed business is dependent on laws pertaining to the marijuana industry. We periodically review the value of our inventory and provide a write-down of inventory based on our assessment of the market conditions. Advesa has an exclusive right for five years to sell our Prana products in certain cities in California. As a result, we elected to consolidate the assets and liabilities of CRD in our consolidated balance sheet at March 31, Basic and diluted net loss per share:. Return of deposit. The future minimum payments required under the terms of our material contractual obligations are as shown below:. Take South American Gold Corp. People from across the country were making hundreds of thousands of dollars.
Greater amounts were spent on i marketing, advertising and new business development, ii research and development and iii legal, accounting, consulting and public reporting. The Board of Directors may also accelerate the date upon which any option or any part of any option is first exercisable. It operates from a small facility outside of Ontario, Canada, growing cannabis for medical purposes. The pricing period, with respect to a particular put notice, is five consecutive trading days including, and immediately following, the delivery of a put notice to Tangiers. Gross profit. Year Ended December 31,. We do not have a defined benefit, pension plan, profit sharing or other retirement plan, although we may adopt one or more of such plans in the future. Equity Incentive Plan. Net Loss. Such reports are also available at www. The term of the lease expires on July 31, and has no option for renewal. Similar to the use of the compounds found in the cannabis plant to create our Prana Bio Medicinal products, Prana identifies novel combinations of botanical compounds to address unmet medical needs. Fiscal year ended December 31, At the time, we planned to recognize deferred royalty revenue based on actual applicable sales as defined in the agreement. Operating leases. Blackmon, Verzura and , stock options to Mr. Future minimum amounts the Company is required to pay under the terms of its operating leases are as shown below:.
Thus, at the beginning ofthe Company entered into an agreement with our Chief Executive Officer to hold cash funds in his personal bank account, on an as-need basis, in trust for the Company. Back in May, South American Gold Corp announced it was going to use some of its properties to grow marijuana. We have agreed to bear the expenses of registering the shares, but not the expenses associated with selling the shares, such commission free trades fidelity with certain count balance how to use robinhood investing aop broker discounts and commissions. In early we decided to exit the medical spa management business and change our focus to providing products, services and intellectual property to the cannabis industry. While working on his Ph. Note payable to Tony Verzura, an officer and director. If the note is held past maturity, derivative accounting will apply upon the change to a variable conversion price. He called my research a goldmine. I, on the other hand, am very analytical by nature. And the one after it. They even have an exclusive streaming agreement with Amazon. Conversion of note. They were at the forefront developing the currency exchanges and investment funds that would push Bitcoin into the headlines. Such advances are can you deduct day trading losses united cannabis corporation stock by Advesa to purchase equipment and to cover the cost of their operations. The following is a brief summary of the background of each officer and director including their principal occupation during the five preceding years. Cash and cash motilal oswal trading app for desktop day trading robinhood instant. Conversion of note to Tangiers. Ohio lawmakers passed House Bill with a resounding vote. And time and time again his firm has gotten people into pre-IPO marijuana start-ups well before billionaire venture capitalists staked their claim. Total accrued expenses. Is it controversial? Even in those states in which the use of marijuana has been legalized, its use remains a violation of federal laws.
Notes payable to and advance from officers and directors consisted of the following, at December 31, and In May, we changed our corporate domicile from California to Colorado and changed our name to United Cannabis Corporation. If you want to see how big the paydays in this niche can be, just look at what happened with the previous generation of stocks. Future tax assets and liabilities are measured using the enacted tax rates expected to apply when the asset is realized, or the liability settled. The company focuses on genetic restoration, cannabinoid isolation techniques, scientific research, and what happens when a penny stock goes to nasdaq best conservative stocks programs. The territory for this license is the entire world and the license runs in perpetuity. He todd mitchell trading course pdf interactive brokers contract search with Hudson Appraisals, Inc. On January 4,the U. Name, address and telephone number of agent for service. We will fund the initial clinical trials by licensing our Prana product line to manufacturers in all legal territories in the United States and with revenue received for providing technical, financial and licensing consulting services. Weldona, Colorado extraction facility:. The notes along with their accrued interest were converted intoshares of the Company's common stock on December 31,and the value of the derivative liabilities were extinguished to common stock. Verzura was elected as Vice President. Operating expenses:. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. The endocannabinoid system is a signaling system within the gatehub apk credit card body that utilizes hundreds of receptors to help maintain homeostasis between the central nervous system and the immune. We have adopted a code of ethics that applies to our principal executive officers, principal financial officer, principal accounting officer or controller, or persons performing similar functions. As additional rent, we are required to pay for an allocation of can you deduct day trading losses united cannabis corporation stock area costs and expenses, plus all utilities. Changes in operating assets and liabilities:. Under the terms of our trust agreement with our Chief Executive Officer, he agreed to hold our cash in his personal bank account, and to make payments of our funds only for our business purposes, and to allow daily access to the bank account for ongoing oversight of his fiduciary responsibility to the Company.
Effective October 1, , we entered into a triple net lease of approximately 40, square feet of industrial space located on five 5 acres of land in Weldona, Colorado that we us as our hemp extraction facility and hemp cultivation center. Accounts payable and accrued expenses. We believe that our continued success depends, in part, on our ability to attract and retain qualified personnel. We recognize changes in estimates in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available. But the growth is about to expand to 75 nations. Reynolds has more than 60 publications, including papers in Science, Cell and Nature, with several manuscripts receiving over 1, citations. Cash acquired upon acquisition of subsidiary. Extraction and Cultivation Facility - Jamaica. The market price of our common stock may decline due to the Investment Agreement. Do not check if a smaller reporting company. The prohibition of pot is coming to an end! Fair value of warrants issued to consultant. This exclusive website is where I store every intelligence briefing, investment recommendation, and alert. The Digital Development Group is a tiny company.
If we are unable to successfully compete with existing companies and new entrants to the market, this will have a negative impact on our business and financial condition. Each option represents the right to purchase one share of our common stock. When we determine that the carrying value of intangibles or other long-lived assets may not be recoverable based upon the existence of one or more indicators of impairment, we use the projected undiscounted cash flow method to determine whether an impairment exists, and then measure the impairment using discounted cash flows. Our articles of incorporation currently authorize the issuance of 10,, shares of our preferred stock. Marc worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant. On January 9, , we awarded , stock options to each of Messrs. The term of the lease expires on September 31, , with an annual option to renew the lease on an annual basis, that expires on September 30, The board has the power to issue shares without shareholder approval, and such shares can be issued with such rights, preferences, and limitations as may be determined by our board of directors. In the coming months, a lot of Americans are going to become millionaires as well. Cultivation and extraction facility in Weldona, Colorado. Increase decrease in provision for losses on accounts receivable. During the term of the agreement, the Company may deliver a put notice to Tangiers, which will specify the number of shares which the Company will sell to Tangiers. Preferred Stock. I look at investing in marijuana stocks today just like I did Bitcoin back then.
Material changes in line items in our Statement of Operations for the year ended December 31,as compared to the same period last year, are discussed below:. Many brokers may be unwilling to engage in transactions in our common stock because of the added disclosure requirements, thereby making it more difficult for shareholders to dispose of their shares. A closing will occur on the date which is no earlier than five trading days following, and no later than seven trading days following, the applicable put notice. We recognize revenue on all Prana sales consistent with the criteria described above for all sales in accordance with ASCRevenue Recognition. The following table summarizes our stock options outstanding as of both December 31, andrespectively:. This note was paid off on May 19, Maintenance and repairs are expensed as incurred. We granted registration forex smart investor legitimate binary options platforms to Tangiers to enable it to sell the common stock it may acquire under the Investment Agreement. A grower of genetically refined strains of medical-grade cannabis plants. Stock price. Valuation allowance. Loss on issuance of common stock. We all know that nothing in the stock market is guaranteed. Thinkorswim servers down bitcoin trading platform software positions taken are not offset or aggregated with other positions. Marijuana is a Schedule-I controlled substance and is illegal under federal law. Because of bdswiss forex demo account winning binary options signals banking regulations, marijuana centric entities are not afforded normal banking privileges, and thus, we have not able to consistently have access to the federal banking. The following shows the amounts we expect to pay to our officers during the twelve months ending December 31,and the amount of time these persons expect to devote to our business.
November 8th was a record-breaking and prohibition-busting day for marijuana. Our employees, directors and officers, and consultants or advisors are eligible to receive a grant of our shares, provided however that bona fide services must be rendered by such consultants or advisors and such services must not be in connection with a capital-raising transaction or promoting our common stock. Go back to and check out GreenGro Technologies. The acquisition of Prana broadens our best penny stock oil companies what is p e of vanguard value etf snall cap in plant-based drug development. The quotations reflect inter-dealer prices, without retail mark-up, mark-down or commissions and may not necessarily represent actual transactions. The following Summary Compensation Table sets forth for fiscal andthe compensation awarded to, paid to, or earned by our executive officers. Our ability to continue as a going concern is dependent upon our ability to generate profitable operations in the can i buy whores with my bitcoin how to place limit order on coinbase pro and, or, obtaining the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come. Weighted Average Exercise Price. The closing of the purchase by Tangiers of the shares specified in the Put Notice will occur on the date which is no earlier than five and no later than seven Trading Days following the date Tangiers receives the Put Notice. We need additional capital to fund our operations. The endocannabinoid system is a signaling system within the human body that utilizes hundreds of receptors to help maintain homeostasis between the central nervous system and the immune. Under the terms of our trust agreement with our Chief Executive Officer, he agreed to hold our cash in his personal bank account, and to make payments of our funds only for our business purposes, and to allow daily access to the bank account for ongoing oversight of his fiduciary responsibility to the Company. Marc worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant. Net cash provided by used in financing activities. The number of outstanding shares does not give effect to shares which may be issued pursuant to the Investment Real time gbtc chart cost of pot stock or upon the exercise of options or warrants. There are approximately 80, new brain cancer diagnoses in the US each year; Glioblastoma, the most common type, has a survival diagnosis of approximately 12 months. All information, or data, is provided with no guarantees of accuracy.
The End of a Prohibition. The cost of the patents is being amortized on the straight-line method over a year period. And that is really saying something because this is an industry that has created some astounding windfalls. This prospectus does not contain all of the information in the Registration Statement, certain parts of which are omitted in accordance with the rules and regulations of the Securities and Exchange Commission. It developed a biosecurity system that delivers sanitized air directly to marijuana plants that are being grown indoors. In addition to the other information contained in this prospectus, the following factors should be considered carefully in evaluating an investment in our securities. The amount of the principal increase may be paid with shares of our common stock. The enactment of U. We have not recorded any impairment charges related to long-lived assets as of December 31, or December 31, Current portion of deferred revenue. The value of revenue paid for with warrants is measured using the Black-Scholes-Merton pricing model. In May, we changed our corporate domicile from California to Colorado and changed our name to United Cannabis Corporation. During July of , shares were priced so far under a penny, you would have needed the Hubble Space telescope to have seen them.
The Digital Development Group is a tiny company. Some by multiples of 10, 20, or more! Maintenance and repairs are expensed as incurred. Reynolds, Ph. It is developing a full service ecommerce app for the marijuana business. Shareholder equity has improved over the last year. General and administrative. They even have an exclusive streaming agreement with Amazon. Some of our competitors have greater capital resources and facilities which may enable them to compete more effectively in this market. Number of Shares. Its CEO is a former U. If the assessment indicates that a potentially material loss contingency is not probable, but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material, would be disclosed. The previous administration under President Obama had effectively stated that it was not an efficient use of resources to direct federal law enforcement agencies to prosecute those lawfully abiding by state-designated laws allowing the use and distribution of medical cannabis. Shares issued upon draws under our equity line of credit. Customer E. Consider the Digital Development Group. Year ended December 31, We are under no obligation to sell any shares under the Investment Dividend stocks outperform swing trade leveraged etfs.
Net proceeds from issuance of convertible debt and warrants. They were at the forefront developing the currency exchanges and investment funds that would push Bitcoin into the headlines. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Accounts for which no payments have been received after 30 days are considered delinquent and customary collection efforts are initiated. But he traded in the nonstop excitement of fighting audits and filing tax returns for his small-business clients…. Instalment loan payable consists of a month instalment loan incurred in connection with the purchase of a truck that is used at our extraction facility. Prepaid expenses. It operates mines all over the world including here in Arizona, Montana, and Washington. These disclosure requirements may have the effect of reducing the level of trading activity in the secondary market for our common stock. Current portion of deferred revenue. Remember rare earth metals? These statements include, among others:. And Delaware Decriminalized It.
Deferred revenue. There are no conversion, redemption, sinking fund or similar provisions regarding the common stock. As a result, potential competitors could duplicate our business model with little effort. Our Board of Directors is not obligated to declare a dividend. Unless otherwise discussed, we believe that the impact of recently issued guidance, whether adopted or to be adopted in the future, is not expected to have a material impact on our consolidated financial statements upon adoption. And in the final section of this special investment briefing, you will delve deep into the world of…. The multi-function facility will include extraction, purification, testing and processing equipment, as well as packaging, fulfillment, and secure storage capabilities. Notes to Consolidated Financial Statements. Cost of revenues:. These forward-looking statements are subject to numerous assumptions, risks and uncertainties that may cause our actual results to be materially different from any future results expressed or implied in those statements. Stock options. In furtherance of those objectives, the Cole Memo provided guidance to Department of Justice attorneys and law enforcement to focus their enforcement resources on persons or organizations whose conduct interferes with any one or more of the following in preventing:. As of May 15, Tangiers did not own any shares of our common stock. Current assets:.
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. Do you know what happened a couple of weeks prior to that? These financial statements are the responsibility of the Company's management. Deferred revenue. And a small, privately held company, founded by three doctors from MIT, Harvard, and Stanford, has developed a machine capable of mass producing synthetic DNA. Steindler will not have any future affiliation with Prana, and Prana will be operated as a stand-alone, majority owned subsidiary of the Company. Purchase of intangible assets. He started with Hudson Appraisals, Inc. And the one after it. Continued development of the marijuana industry is dependent upon continued legislative authorization of marijuana at can stock be purchased during after hours td ameritrade what is between pot stock and tech stock state level. Acquisition of equipment for and improvements to cultivation facilities, laboratories and leasehold improvements. Deferred Revenue - We defer revenue for which product or service has not yet been delivered or is subject to refund until such time that we and our customer jointly determine that the product or service has been delivered or no refund will be required. As how to prevent a stop out forex geneva events dukascopy result of our intentions to pay the loan off in six months, the entire balance of the instalment loan has been classified as a current liability. In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company ea coder forex mt5 to mt4 account forex time zone converter online of December 31, andand the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States. Depreciation and amortization. Recommendations are for the exclusive use of subscribers and can change at any time.
Other current assets. Raw materials. The benefit of a tax position is recognized in our consolidated financial statements in the period during which, based on all available evidence, we believe it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. In turn, one of the consultants, Dr. CEO, President, principal financial and accounting officer and director. Prana was founded by Drs. We are authorized to issue 10, shares of preferred stock. The transdermal is a part of the complete patented Prana Bio Nutrient Medicinals line, which is offered in 5 categories P1, P2, P3, P4, P5with three delivery methods sublingual, capsules, topical. Is day trading allowed on robinhood reddit profitable options trading services is just starting to be used in cardiac and vascular surgeries involving implantable living human tissue. And of course there is California and Proposition However, no option, or any portion thereof may be exercisable until one year following the date of grant. He started with Hudson Appraisals, Inc. During the course of this offering Tangiers may acquire up to 9, shares of our common stock. Shares issued for compensation. This convertible note was paid in full on February 9, Fair value of warrants issued to consultant.
Accounts payable. Now, past performance is never a guarantee of future results. Operating expenses:. As a result, potential competitors could duplicate our business model with little effort. However, no option, or any portion thereof may be exercisable until one year following the date of grant. The registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8 a of the Securities Act of l or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8 a , may determine. Marijuana is a Schedule-I controlled substance and is illegal under federal law. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. These disclosures include qualitative and quantitative information. If current administration elects to vigorously enforce federal laws, such enforcement may cause significant financial damage to us. Folks like Barry Ponce.
Pursuant to Rulethis Registration Statement includes such indeterminate number of additional securities as may be required for issuance upon the exercise how to find supernova stocks high dividend semiconductor stocks the warrants as a result of any adjustment in the number of securities issuable by reason of stock splits or similar capital reorganizations. Stock options issued to officers and directors. Issuance of stock options in exchange for accrued wages payable to officers and directors. Rule makes it unlawful for any person who is participating in a distribution to bid for or purchase stock of the same class as is the subject of the distribution. Conversion of note to Tangiers. Our directors may issue preferred stock with multiple votes per share and dividend rights which would have priority over any dividends paid with respect to the holders of our common stock. It is our intent presently, to renew the lease annual throughout the term of the lease. Breedit Corp. The grant of the shares rests entirely with our Board of Directors which administer the Plans. Warrants issued for consulting and other services. Our Prana Bio Nutrient Medicinal products are designed can you deduct day trading losses united cannabis corporation stock help supplement amibroker coupon 2020 great options trading strategies related to the endocannabinoid system including pain, neuropathy, arthritis, MS, IBS, autism, seizures, eczema, sleep, anxiety, head trauma, opioid dependency and clinical endocannabinoid deficiencies. Less unamortized discount. Acquisition of equipment from related party. It then rehabs these lots so they can be sold or leased to marijuana growers in states where weed has been legalized. Shares issued to acquire Prana Therapeutics, Inc. Net Loss attributable to common shareholders. GAAP, our derivative liabilities are recorded at fair thinkorswim options strategies is futures trading the same as options trading on the date of issuance and subsequently remeasured to fair value each reporting period with any did the stock market crash dividend stock database in fair value being recognized as gain loss on derivative liabilities in our consolidated statement of operations. Earnest Blackmon. The categorization of financial instruments within the valuation hierarchy is based on the lowest level of input that is significant to the fair value measurement.
The shares of common stock owned, or which may be acquired by Tangiers, may be offered and sold by means of this prospectus from time to time as market conditions permit in the over-the-counter market, or otherwise, at prices and terms then prevailing or at prices related to the then-current market price, or in negotiated transactions. Barry lives in Copperopolis, CA. Hypothetical trading examples also cannot possibly take into account the impact of liquidity or buyer and seller demand, and do not allow for slippage and associated trading costs and concerns. Warrants exercised. Common stock 2. Advesa has an exclusive right for five 5 consecutive one 1 year periods to sell our Prana products in certain cities in the state of California. Depreciation is computed using the straight-line method over estimated useful lives of three to five years, and amortization is computed using the straight-line method over the life of the applicable lease. Principal Financial and Accounting Officer. When we determine that the carrying value of intangibles or other long-lived assets may not be recoverable based upon the existence of one or more indicators of impairment, we use the projected undiscounted cash flow method to determine whether an impairment exists, and then measure the impairment using discounted cash flows. They seem to just pop up around the time new legislation is passed. Increase occurred as the result of an additional licensing agreement put in place during the three months ended March 31, that was not in place for the same period last year. Legal, accounting, consulting and public reporting. We granted registration rights to Tangiers to enable it to sell the common stock it may acquire under the Investment Agreement. CEO, President. Equity method investments. State by state regulatory changes with respect to marijuana in the United States; and. From time to time, the FASB or other standards setting bodies issue new accounting pronouncements.
Expected volatility. Shoppers can now walk the aisles and choose from their legally grown crop through Edible Garden. At December 31, , and , our inventory was, as follows:. If current administration elects to vigorously enforce federal laws, such enforcement may cause significant financial damage to us. Customer D. Likewise, our past performance does not assure the same future results. They even have an exclusive streaming agreement with Amazon. The marijuana industry faces strong opposition. Nor do we advocate the purchase or sale of any security or investment for any specific individual. We haves agreed to indemnify Tangiers against certain liabilities, including liabilities under the Securities Act as underwriters or otherwise. However, there is no guarantee that the administration will not change its stated policy regarding the low-priority enforcement of federal laws.