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Bullboard - Stock Discussion Forum Media Central Corp. FBOP

Media Central Corporation Inc. is an independent and alternative media company situated to acquire and develop high-quality publishing assets, starting with the recent launch of CannCentral.com, a robust news, lifestyle and community cannabis platform curated for the human experience. Our strategic corporate team is composed of publishing, technology and capital markets professionals who are... see more

GREY:FBOP - Post Discussion

Media Central Corp. > Brand new Shell Game
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Post by fatcharlie on Aug 07, 2019 11:31pm

Brand new Shell Game

IEQ -Huge losses on balance sheet, $244K in sales, roughly $1.6M in the hole clearly shows a company in trouble.  CannCom shows large losses, nonexistant sales and a $9M loan.  Share delution is huge new CEO will be major holder.  I wonder about CEOs that have numerous small micro companies all struggling.  When you see 'guru' in anybody's profile its time to run .  Once again the shareholders of IEQ are more or less scr*wed  they are floating a massive amount of new shares to create wealth.  A brand new shell game to attract the gulliable which I suspect because its cannabis related they will get lots of small speculators that will blindly buy in.  And, big surprise we have new entity created today that will tell everybody how great the new CEO and the new partnership is so wonderful.
Comment by Pandora on Aug 08, 2019 7:44pm
July 29, 2019, 9:17 AM PDT SHARE THIS ARTICLE Toronto, Ontario--(Newsfile Corp. - July 29, 2019) - IntellaEquity Inc. (CSE: IEQ) (the "Corporation" or "IntellaEquity") is pleased to announce that, further to its news release dated May 27, 2019, the Corporation has entered into a definitive amalgamation agreement (the "Amalgamation Agreement") with ...more  
Comment by Pandora on Aug 08, 2019 7:46pm
Whoops, that certainly does not copy properly.
Comment by Pandora on Aug 08, 2019 7:49pm
I will try it once more and if it fails again I will just post a link: July 29, 2019, 9:17 AM PDT SHARE THIS ARTICLE Share Tweet Post Email Toronto, Ontario--(Newsfile Corp. - July 29, 2019) - IntellaEquity Inc. (CSE: IEQ) (the " ...more  
Comment by Pandora on Aug 08, 2019 7:52pm
It's got to have something to do with Stockhouse formatting because I pasted it in a couple of other locations with no problem -- who would have guessed that about SH :-)) Here is a link: https://www.bloomberg.com/press-releases/2019-07-29/intellaequity-inc-announces-execution-of-amalgamation-agreement-with-canncentral-inc
Comment by Pandora on Aug 08, 2019 9:37pm
3 reads, 1 read, 1 read --- I see we have a big audience. I guess there are not that many that have stuck around.
Comment by edmed on Aug 10, 2019 11:43pm
unfortunately I have come to the conclusion that our shares are to be more or less worthless. following the reverse takover I expect a 10 for 1 consolidation due to the enormous number of shares in the new entity they will have to raise capital and so a consolidation makes sense. that will more or less destroy whatever equity is left from Augusta shareholders. the whole thing has been nothing ...more  
Comment by Pandora on Aug 11, 2019 1:09pm
Yes, I find it really amazing from a regulatory point of view that a person who has not managed to distribute the shares from a spin off company to it's "rightful" owners can at the same time allow the shares of the spun off company to trade on the open market. And now, that same person is allowed to enter into another arrangement with the parent company of said spin off which may ...more  
Comment by fatcharlie on Aug 12, 2019 10:44am
Allan will now stay in the background collect his $165k/yr salary and the 'Guru' will be the face and  promoter of the new company.  With a 475 page propectus just like the other shell game the only people benefiting out of this farse will be the lawyers, Allan and the Guru.  Its going to be a hard sell and they will be looking for new buyers because no current owner of IEQ ...more  
Comment by edmed on Aug 12, 2019 10:56pm
The upcomming vote amongst other things is to allow the selling of up to a Billion shares of the new company. A BILLION !!!!! What do you think our measly shares will be worth in this scenario??? Its all gone to trash!!!! toilet paper is worth more than IEQ shares right now
Comment by shirtlessagain on Aug 13, 2019 11:12am
let me be the interpreter........ fatcharlie missed the boat again, however he still flaps his jowls too much. .........
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