2goodtoBtru wrote: Dave Etos first capital pool shell, Kanzen Capital Corp. (KAN: halted), has submitted a filing statement for its QT: The shell is acquiring Geyser Management Inc., a Vancouver company that aims to become an acquirer of many marijuana and hemp businesses. So far, Geyser Management has made one acquisition, that of a licensed marijuana grower. Under the QT, Kanzen Capital will roll back 1 for 1.5, leaving it with 3,666,666 shares issued, then issue 13,599,717 shares to Geyser Managements shareholders. On closing of the QT, the resulting issuer, which will be called Geyser Brands Inc., may issue up to 19.5 million more shares to unidentified shareholders of Geyser Management (probably its three founders, whom we mention below), depending on the achievement of milestones. For example, those unidentified shareholders will receive 3.75 million shares once Geyser Brands receives a marijuana export licence. They will receive another 4.5 million shares once Geyser Brands generates cumulative revenue of $5-million. Geyser Management was formed in December, 2017. In March, 2018, it acquired 0957102 B.C. Ltd., doing business as D&G Productions, the owner of an 8,000square-foot cultivation facility in Port Coquitlam. In D&Gs fiscal year ended April 30, 2017, it earned $26,121 on sales of $285,687. Unfortunately, in fiscal 2018, the results went in the wrong direction, as D&G lost $214,382 on sales of $235,056. Nevertheless, Geyser Management is hopeful. It has upgraded the Port Coquitlam facility, and last month it received a cultivation licence for the upgraded facility. It now plans to apply for a sales licence and expects to receive it in the first quarter of 2019. It then anticipates receiving an export licence in the second quarter of 2019. Geyser Management had working capital of $1.18-million at the end of July. To boost the treasury of Geyser Brands, Kanzen Capital is selling a $2-million private placement at 60 cents. Geyser Brands will have five directors, including shell-maker Mr. Eto and shell director Robert Trenaman. The other three director nominees are the founders of Geyser Management: Andreas Thatcher, Aerock Fox and Brad Kersch. Mr. Thatcher, 52, will be the chief executive officer of Geyser Brands. He is the president of Rhizome Group Inc., a Vancouver investment company focusing on film and television production, marketing and distribution. Mr. Fox, 72, will be the chief financial officer of Geyser Brands. He also has experience in the film industry, as well as some experience in stock promotion. From 1979 to 1985, he was the president of a private company, Video One Canada Ltd., which supplied videocassette tapes and videocassette recorders. Three years after he left, Video One was acquired by Standard Broadcasting Corp. Ltd. Later, from 1992 to 1994, Mr. Fox was the president of a public company, Keystone Entertainment Group Inc., a movie advertising company which under his watch traded up to $2.40 on the Vancouver Stock Exchange. Six years after he left, Keystone was acquired by Royal Bank Ventures Inc. Mr. Fox is the founder and CFO of Casting Workbook Services Inc., a Vancouver company that operates a website where actors can find casting call announcements and contact casting directors for an annual membership fee of $99. (Child actors and senior actors pay reduced fees ranging from $49 to $75.) Actors can also post their photos and demo reels, which may be viewed by talent agents and casting directors. Casting Workbook previously traded on the Nasdaq as Online Production Services Inc. (1999 to 2004). Its public company name comes from its main selling point at the time, which was that it enabled actors, agents and casting directors to send each other documents (such as photos and scripts) on-line instead of by fax or courier. Online Productions stock peaked at $4.18 (U.S.) on its third trading day, but eight months later it was down to 25 U.S. cents. When it delisted, it was at one-fifth of a U.S. cent. These days, Casting Workbook seems to be doing fine as a private company. Its website boasts of having more than 70,000 members and of having cast 332,585 roles since 1994. Mr. Foxs wife, Susan Fox, is the president of Casting Workbook. The next director nominee, Mr. Kersch, 52, was a director of Online Production. From 1996 to 2009, he worked at a Vancouver casting company called Shoreline Studios Inc. in positions including president. From 2007 to 2016, he ran a video production and advertising company called Blackrock Media Inc., as well as a related company, Blackrock Films, a film distributor. These days, he is a vice-president of Rhizome Group. He also has a consulting business in Port Coquitlam called Solace Management Group Inc. Shell director Mr. Trenaman, 58, is a mining promoter in North Vancouver, not the sort that inspires confidence in long-term mining investors. He was the president of a Northwest Territories gold explorer called Treminco Resources Ltd., which peaked at $1.50 on the TSX in 1996. Soon afterward, Tremincos gold production fell, and then a year later, so did gold prices. In 1999, Treminco switched its focus to Montana gold exploration and renamed itself Elkhorn Gold Mining Corp. The change failed to revive the promotion, and in early 2000 Elkhorn was trading at pennies. It delisted the following year. More than a decade later, in 2012, Mr. Trenaman listed Eastern Resources Inc. (ESRI: $0.04 (U.S.)) on the pink sheets. Eastern now owns Elkhorns property in Montana. Eastern traded up to $2.10 (U.S.) in 2012, but it was down to 95 U.S. cents within months and continued to slide. Eastern has not provided any disclosure since 2014, so it bears the skull-and-crossbones badge of dishonour, the buyer beware warning. It has been demoted to the OTC Grey Market.