adijas
3 years ago
8k out
On October 15, 2021, a majority of the shareholders of the Company consented in writing to effectuate a spin-off of Edison Power Corp. ("EPC"), the Company's wholly-owned subsidiary.
Once effectuated, the Spin-Off of EPC would result in the Company's Common stockholders, on October 22, 2021 (the "Record Date"), owning one half share of the Common Stock of EPC for each one share owned of the Common Stock of the Company.
The Board of Directors believes that it is in the best interests of the Company to implement the spin-off in order to change the business direction of the Company and to make application for EPC to seek a listing on the OTC Markets and to become a fully reporting issuer on its own.
EvenSteven19
6 years ago
Not surprising at all. Based on your posting history over the last 7 years, personally i would delete everything you post. (For those of you who put weight in daymax's "unbiased" opinion, check his posting history. I was able to pick out a bit of a trend. lol.) I cannot comment on previous investments but i doubt that you are impartial and have been providing unbiased information on IRCC. I can see you you have a personal vendetta against MM and are trying everything in your power to ruin him. What you fail to understand is that IRCC is more than MM. From the information i have, there is a large group of very successful and reputable individuals actively involved in this company. MM is a large part of it but this group of individuals isn't the type to have the wool pulled over their eyes and wont risk ruining their reputation on a scam.
As for your last post on the delay in cannabis legalization. I think you jumped the gun so that you could once again try to cast doubt on IRCC.
http://www.cbc.ca/news/politics/cannabis-trudeau-legal-summer-1.4647026
Oh and the Trump comment- Increased economy, tax cuts, Noble Peace Prize? Sounds like a horrible president. Lol. I think Canada should be looking south and trying to find someone like Trump to replace their dancing drama teacher.
2020eyes
6 years ago
This is the same process Matvieshen uses every time he is building a company to pump and dump!!! He willingly uses other peoples reputations to pump the " blue sky" opportunity. Then comes the promo run up!!!! Press releases of non-binding MOU/LOI with a date of definitive agreements being signed. stock goes up, stock goes down!!!! Watch, this time it will be a land lease deal with a First Nation Community, for a facility!! HAHA, No gov license, no $$$$, No share value!!! MM sells stock through his family members or other nominees.
Hey new directors, I hope you all have good jobs already that pay well because the promise of money is offered but the money has never been delivered once!!! 4th company since 2012.
michael333
6 years ago
New Director
Mr. Donald Schultz has been a consultant on the application and operational team for various licensed ACMPR's. He was the founder and President as well as Senior Responsible person in charge for WeGrow, a Licensed ACMRP Cannabis producer in Creston BC.
Donald has also been through all facets of licensing and inspection for the previous MMPR cannabis production and has a complete understanding of the cannabis licensing process and an in depth understanding of Health Canada production requirements. Donald is the CEO of Greenline Academy located in Kelowna B.C. which provides in depth training of employees in all aspects of Cannabis licensing, production and sales.
Donald is a graduate of the University of Colorado's Medical Marijuana Business Management program, and is Master Cultivator and Medicine Extractor. He started Greenline Academy to educate people in the medical marijuana industry across Canada, which has led to a highly successful on-line education system. He has been consulting in commercial and medical licensing, cannabis education and is familiar with all aspects of the Cannabis industry.
nodummy
6 years ago
I have a question.
Up until Harold Schneider and Ron Loudoun and Michael Matvieshen showed up involved in the IRCC shell, the shell was controlled by Monaco Capital Ltd (aka Monaco Capital Inc) which was an offshore entity which run out of Robert Bandfield's office at IPC Corporate Services LLC. Monaco Capital Ltd owned 863,750 of the 1,612,500 outstanding shares (53%).
Robert Bandfield got busted in 2015 for operating an offshore tax haven to assist people with running pump&dumps on penny stocks by hiding their ownership in securities so they could avoid paying taxes and violate securities law anonymously.
http://promotionstocksecrets.com/wp-content/uploads/2014/09/239437492-USA-v-Bandfield-Et-Al-Doc-1-Filed-08-Sep-14.pdf
http://promotionstocksecrets.com/500-million-belize-penny-stock-manipulation-ring-shut/
It was not long after Bandfield's arrest that the IRCC shell suddenly went delinquent and stopped doing its SEC filings.
On February 10, 2017, Banfield got sentenced to 6 years in prison for his crimes.
https://promotionstocksecrets.com/wp-content/uploads/2018/04/Bandieldsentencing.pdf
2 weeks after Bandfield was sentenced, the Harold Schneider/Ron Loudoun/Michael Matvieshen group showed up in this shell and started doing the SEC filings again.
The only explanation is that the former control person who held those 863,750 shares in the offshore tax haven passed the IRCC shell to the Harold Schneider/Ron Loudoun/Michael Matvieshen group.
After the Harold Schneider/Ron Loudoun/Michael Matvieshen group gained control of the shell, Harold Schneider and Ron Loudon were issued 3,000,000 shares each for "consulting services" rendered giving them voting control of the shell.
My question is what happened to the 863,750 shares held in the offshore tax haven? Monaco Capital Ltd would still be more than a 10% owner with 7,612,500 outstanding as of August 31, 2017 but they were not listed as a beneficial owner in the 10K for that period
https://backend.otcmarkets.com/otcapi/company/sec-filings/12430454/content/html
Since IRCC is an SEC filer, as a beneficial owner, if those shares were sold and split up between 2 or more parties bringing the ownership for each party down under 10%, wouldn't Monaco Capital Ltd have to report the sale in an ownership filing? And shouldn't something like that be mentioned in the 10K if they did sell the shares?
And now that IRCC has proceeded in issuing a bunch more stock for well below the market price as part of some private placements/subscription agreements:
600,000 shares at $.05/share and 500,000 shares at $.10/share
plus 125,000 for $4.00+ a share
Ultimately bringing the O/S up to 8,837,618 shares thus knocking Monaco Capital Ltd down to being less than a 10% owner, does that now mean that those 863,750 shares are free trading even if Monaco Capital Ltd kept control of the shares? IRCC saw some interesting volume back at the end of 2017. Maybe some of the Monaco shares have been getting sold by Monaco or whoever gained control of those shares?
And out of curiosity... would you happen to know who really controlled those 863,750 shares that were being held in that offshore tax haven?
Monaco was involved in a few paid promo tickers back in the day.
Old IRCC filings list a "K Kaffa" as the control person for shares being held in the Monaco Capital Ltd (aka Monaco Capital Inc) offshore account.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7285495
Kaffa acquired those shares in February of 2010 from Karl Kottmeier, the original CEO of the IRCC shell when it went public.
Erwin Speckert was another major shareholder in the IRCC shell at this time through his company Ostras Group Ltd.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7655033
Erwin Speckert who is from British Columbia was busted by the regulators in 2013 for his role in helping launder money through foreign bank accounts for stock promoters and financiers.
https://www.upi.com/Top_News/World-News/2013/03/26/Man-with-13-million-in-backpack-charged/UPI-73671364308001/#ixzz2OfxhxtTg
http://www.vancouversun.com/business/David+Baines+tell+policy+pervaded+penny+stock+promotion+dealings/7684216/story.html
That's a lot of offshore money laundering groups involved in the IRCC shell before it ended up in the hands of the Harold Schneider/Ron Loudoun/Michael Matvieshen group. When you consider Schneider and Matvieshens ugly history in penny stocks (and just in the business world in general) it really makes you wonder.
Is the BCSC also asking questions about share ownership as part of the records they are seeking that caused the CTO in Canada?
https://www.bcsc.bc.ca/Enforcement/Cease_Trade_Orders/PDF/2018_BCSECCOM_67/