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Sure, post it wherever you want.From: Shane
Sent: Thursday, June 26, 2014 5:55 PM
To: Michael Shea
Subject: Re: QuestionOne more question could I post your response on my blog?
On Jun 26, 2014, at 15:34, Shane wrote:Thanks for your response and good luck and helps. I believe in what your doing. Also like no false PRs to get shutdown by the SEC.On Jun 26, 2014, at 15:03, "Michael Shea" wrote:Shane, thanks for your email, let me do my best to answer.1. The audit - Since the webcast, the auditor advised me that he would onlydo 2012 and 2013 instead of 2011 and 2012. That's fine, but requiredproviding another year's worth of information. The delay is purely a fact ofinformation integrity. Prior to me becoming CEO, this Company did not evenhave a bank account, payments were made to vendors by 3rd parties and norecords were kept. The CFO contract expired unrenewed at year end 2013 andquite frankly, her records were of poor quality. On top of it, relationswith prior management and their extended family is not amicable and tryingto reconcile accounts with their assistance has been extremely hard. Lastly,given the limited capital resources, we chose an auditor that was extremelycost effective, but not very responsive. Frankly, if I had known what I knownow, I would have never committed to having audited financial statements.Having said that, I have provided as much information as I can find in hopesof meeting audit standards.2. Despite the above, I am proud of what the company has accomplished overthe last few months. MJ-Xchange, MJ-Merchant and the 420 Concept. Weactually have generated revenue, albeit nominal, but for the first time wehave real and saleable products. A pinksheet, with a credible business plan,executing and generating revenue certainly deserves more than trip 5.3. I am as disappointed as everyone else with the share price. I look aroundat other pink's still just pushing a concept, no product, tradingsubstantially higher than GDSM. In particular, even within the mj sector,stocks trading higher despite many failures and some suspended. It isobvious to me that GDSM needs a resurgence of new shareholders. I am hopingthat our attendance at Weedstock will significantly raise awareness. As Itweeted out today, our booth is right next to Weedmaps and that alone shoulddrive more eyes on our Company.4. On Scottrrade, they stopped trading our stock due what they say are"illiquid stock fees". It has to do with their capital reserves on pennystock and the decision was made at the time we were trading hundreds ofmillions of shares a day. This is link that explains what these fees aremy legal write them, but have had no response.5. In regards to trading, I don't watch it as it is something I can'tcontrol and have been quite busy with all the above. All I can is thelimited dilution and in fact am personally funding the company rather thanissuing shares given the level of the share price. It is for that matter,that I discontinued the use of E&E as our IR firm. The expenses for theproduct development on top of the Investor Conference have put a majorstrain on our finances. I tried them, as many complained my pr's were not"pumping" enough. The fact is, I state things as I see them, both good andbad. Many CEO's would never pr anything bad, obviously we have stumbled inthe past and shareholders deserve to know what is going on.In conclusion, we have made a lot of strides, but have a long way to go.Some of the above may sound like whining or making excuses, just theopposite, given the straight story of what is going on. The Company is meand a handful of helpful shareholders and we are now positioned for success.Hope that answers your questions.Regards,Mike-----Original Message-----From: ShaneSent: Thursday, June 26, 2014 3:06 PMSubject: QuestionMr. SheaI listened to your webcast a few months back and it sounded to me you werean honest and forthright CEO.Since than you have been saying financials are coming and now it is by endof month, I hope so since it might give a shot in the arm to the price. Ifit gets pushed out further I will sell, since I do not need broken promises.Any update on the Scotttrade issue?Any reason you can see why there seems to be an unlimited 32m shares alwaysavailable not at the open but by 1200 Eastern everyday at .0005? Somethingjust does not seem right with this trading pattern.I know you hired the PR firm, but have not seen any PRs that I could nothave put out myself.Today we are down to .0004 it seems to this endless supply of shares andwhen we move to .0006 then there is 50-70% shorting on the stock, it appearsthere is huge manipulation.Thanks for your time and good luck, still believe in the company, butgetting slightly frustrated.VRShane =
Get the word out when Sean shows his plan for the possible share selling scheme. I do know the plan but zero debt, RS, 500 to 1 RS, new business, run up price, raise float, dilute let it go to no bid and ride bike around Europe and start over is all possible. Previously 3P networks and changed its name to Kender in 2008.
A POS for a 500 to 1 split. They had a low float to start with. What I do not understand by the PR was suppose to happen by June 24. So what is holding this up?
Something more is up to get current and change name, "explore opportunities outside energy sector" and do this RS. They were knocking out small investors, but I think they have a play book, too bad they took out the multi added affect of having 500 shares. What they have done is further reduced shareholders so they can execute their plan and even run the share price down further as people try to salvage anything. I think the RS shows their true colors that they are out to screw investors. I have also lost all confidence.
Dear Shareholders:
We are pleased to update our shareholders that the letter of intent referenced in our last press releases concerning the impending merger with a company listed on a Canadian Stock Exchange has now been signed, and we are preparing a definitive long form acquisition agreement.
Is this just another PR from a desparate company trying to get your dollars?
If you read the PR it states a Canadian Exchange, what exchange? What company? This seems like the plea from a company trying to go to no bid.
What happened to the SKTO merger? What happened to Pharmajames making sales? They reported zero revenues. They paid consulting fees to Hipple's firm who was restricted from doing business in securities.
Just another PR without any details.
If any of this is true you can ride it later for a profit, but don't catch a falling knife.
All my humble opinion.
The 420 Concept offer for sale water pipes, vaporizers, grinders, scales and much more!The 420 Concept is another offering ofGDSM, a company dedicated to serving the needs of legal smoking community from MJ-Xchange to MJ-Merchant, we strive to cater to the individual needs.
The 420 Concept is your warehouse for competitively priced products. We carry the major brands, but are constantly searching out the artisanal manufacturer to bring truly unique products. While we certainly welcome retail stores, our focus in on the individual end user. Each purchase, regardless of size is important to us and we endeavor to provide the best customer service and fast ship times at the lowest cost.
Soon, we will be launching a “loyalty program” to reward our returning customers. Our mission is to serve our customers and we welcome any suggestions or ideas. So, welcome to the 420 Concept and we look forward to welcoming you as a new customer.
MJ-Xchange is a unique, powerful and robust social media website with features including forums, personal pages, investment tools (e.g. live feed of the MJ Index), chat rooms, music, videos, games and much more. A professional SEO program is in place alongside a marketing campaign to build membership and drive advertising revenue.
The Company formed MJ Acquisition Corp., a Colorado corporation, to opportunistically seek/invest in marijuana related businesses. MJ Acquisition Corp. is actively reviewing mergers and acquisitions of grow facilities in the Colorado and Washington markets.
MJ-Merchant understands the challenges that the marijuana industry has faced in recent years. Together with our banking partners, we developed and introduced payment processing solutions for the marijuana industry. Marijuana businesses are different, whether you are a dispensary, a grow facility, or retailer/suppliers that serve the Cannabis industry, your needs for payment processing solutions are unique. MJ-Merchant provide custom tailored solutions to match your needs. With the recent change in banking regulations, MJ- Merchant is now able to provide real and reliable merchant bank services to those industries that have been shunned in the past.
$KNDR something up can not figure out but looks like a name change to Bettwork Industries and a stock split filed with NV SOS. http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=bslVM3Nx7DwTeaVRTVxpog%253d%253d&nt7=0
June 09, 2014 07:15 ET