In 2017, the company acquired Cannabis Biosciences from $PLPL. The company is seeking to:
* Gain a medical cannabis license
* Grow & Cultivate
* Develop & Produce
* Develop South African Cannabis Facility
$TXTM x Plandaí Biotechnology South Africa
(3/6)
Plandaí Biotechnology SA focuses on the development of plant-based medical research & clinical testing.
They have exclusive worldwide license to development of Phytofare®.
$TXTM
(4/6)
Phytofare® is a green-tea derived extract used to protect cells from damage.
In 2017, the company announced their intent to perform human clinical trials and hoped to obtain FDA clearance to market Phytofare®, use to treat Type II diabetes.
$TXTM x RSAMMD
(5/6)
In 2020, $TXTM signed a joint partnership with Republic of South Africa Medical Marijuana Dispensaries. The goals is to:
* Perform testing on $TXTM proprietary cannabis & hemp extraction technology
* Commercialize the extracts
* Have RSAMMD cover all costs
$TXTM
(6/6)
Facts--
* Subsidiaries are active
* Verified OTC Markets profile
* No reverse split
Catalysts--
* Filings coming no later than June 30th
* Update on cannabis facility
* Progress on FDA approval
* Update on all subsidiaries
• • •
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Pink Current-- @TonnerOne filed their attorney letter on 09/14/21. Due to the OTC Markets backlog, it's taking approximately 14 days for a company to upgrade to Pink Current.
Expected Date: 09/28/2021
$TONR
(3/6)
Debt Cancellation--
Per their latest 10Q, the company is negotiating with creditors to find ways of resolving their debt obligation.
The company changed their authorized shares from 4B to 3.2B. With the OS nearly maxed, it will prevent diltuion.
* No toxic notes or dilution.
* CEO owns 70% of the common stock.
* Float is 1.07 billion.
Interested in this healthcare services, medical equipment, and digital health company?
$SHOM
(2/7)
$SHOM is a medical company that focuses on:
* Digital healthcare (Health Coach App)
* Weight Loss (True Diet Plan)
* Wearable Medical Devices
Let's go through each.
$SHOM
(3/7)
Health Coach App (1/2)--
The medical health consultation app provides in-office medical care and assessments for:
* Anxiety
* Depression
* TCM Comprehensive
* Health
* Nutrition
@TonnerOne will upgrade to Pink Current any day. With their press release highlighting their business plan nearing, let's take a look at what's going on.
$TONR
(2/5)
Share Structure--
To prevent dilution, the company decreased the authorized shares from 4B to 3.2B.
Company spokesman, @CalvinRitche, announced no reverse split.
Per the 10Q, they are seeking a share reduction via old certificates.
$TONR
(3/5)
Operations--
Within 2 weeks we'll see a press release detailing:
* New management
* Direction for the company
* Reverse merger update
What is a reverse split--
* A reduction of shares which increases the share price
* Does not change the value of your shares
* Market cap does not change
The High-level Process-- 1. Announcement via 8-K, 10-Q, 10-K, or articles of incorporation. 2. Shareholder approval (if required). 3. Company submits notice to FINRA 10 days prior to the effective date. 4. Split posted to the OTC Daily List.