77Port
2 years ago
Maybe the Canadian court will rule for investors to get a small percentage of what was left after all of the reverse splits.
Of course, since there is no company money left, and with the court's time needing to be paid, the first ruling would trigger a second ruling resulting in the court requiring all HALO investors to send to the court an amount equal to, but not less than, the total of what each investor lost.
Sounds about right.
Scumbag Fraudsters
2 years ago
AKANDA'S IN DEEP SHIT NOW
July 26, 2022
Akanda Corp....today announced that the High Court of Lesotho (the โLesotho Courtโ) has placed in liquidation the Companyโs indirect, wholly-owned subsidiary, Bophelo Bio Science & Wellness (Pty) Ltd. (โBopheloโ). The action to place Bophelo in liquidation was taken by the Lesotho Court pursuant to an unauthorized application and request (the โLiquidation Applicationโ) that was filed by Louisa Mojela, the former Executive Chairman of Akanda, who was recently terminated as Executive Chairman of Akanda, and the Mophuti Matsoso Development Trust (โMMD Trustโ), which the Company believes was established by Ms. Mojela.
https://is.gd/ywPoOZ
Scumbag Fraudsters
2 years ago
The biggest non-producing asset got tossed out on his asset.
Too late to help shareholders - they've become bagholders.
The ranch is probably the most valuable non-producer. It should still be attractive to MSO's wanting to enter or expand in California IF legalization ever comes to fruition. Of course, even though WE paid for it, WE wouldn't get a cent out of it.
The Portland distribution center may be generating small revenue, but with Oregon's hemp and cannabis markets shrinking faster than a cold pecker, it is no longer necessary as I don't see expansion into the Portland area happening anytime soon. Therefore that useless property should be offloaded.
Two Budegas are open, but really - who even cares anymore?
McDonald's used to employ a thief that ran around stealing hamburgers. He was easy to spot in his black-and-white "convict" getup complete with mask and cape.
Halo also employed a thief. He was harder to spot in his light-bulb-wearing-a-button-down-shirt-trying-not-to-look-like-a-complete-tool disguise. By the time he was spotted in the WHERE'S THE CROOK picture book, it was too late.
This CONpany's new strategy (and something they should have been concentrating on three years ago) is to focus on "near-term profitability" instead of buying every shiny bobble the retarded CEO laid his eyes on.
Oregon is still on track for allowing psilocybin therapy in 2023, though we haven't heard from Red Light Holland in ages.