hondaboost
1年前
Wow! Big Warning! SEC Transactions Last 2 Years
TRANS DATE FILER OWNERSHIP TYPE PRICE SHARES
01/10/2023 FEINSTEIN MATTHEW
Officer Direct Buy 0.002 20,790,000
01/10/2023 ORTEGA JAIME
Beneficial Owner (10%) Direct Buy 0.00 40,790,000
https://www.otcmarkets.com/stock/PNPL/disclosure
These 2 Scammers issued themselves 60 Million shares, then got it back to trade In Order to Dump their worthless shares to the fools, idiots, naives....
This company has Nothing at all, EXCEPT 2 Crooks.
Big Brother
2年前
Pineapple, Inc. Announces Removal of Caveat Emptor From Ticker Symbol
Company becomes one of only a few public companies to ever obtain a 211 public quotation clearance and Caveat Emptor removal from OTC Markets after being delisted
LOS ANGELES, CA, June 08, 2023 (GLOBE NEWSWIRE) -- PINEAPPLE, INC. (OTC Pink: PNPL) (the “Company” or “Pineapple”), a company in the legal cannabis industry that focuses on non-plant touching activities, such as leases to licensed cannabis operators, online and in-store hemp-derived CBD transactions, and cannabis business licensing and consulting services, is pleased to announce that the OTC Markets Group, Inc. ("OTC Markets") has removed the caveat emptor designation which had previously been associated with its ticker symbol. The Company has been restored to Pink Current Information status. As a result, there is now an active market without any restrictions on the Company's securities.
"The Caveat Emptor removal is a direct result of the diligence of the OTC Markets Surveillance Team and our commitment to our shareholders to implement sound governance and deliberate transparency," stated Chairman, Matthew Feinstein. He added, “Since being delisted in the Spring of 2016 we took it as a challenge to rehabilitate Pineapple for the shareholders and also company principals. We never gave up on Pineapple and that commitment has been demonstrated through the events of today”.
CEO and President Shawn Credle remarked, “This monumental feat that we've accomplished is the culmination of a seven-year journey that included obtaining 15c211 clearance through FINRA to commence public quotations again and ultimately an extensive review from OTC Markets regarding our Company and its principals to have the caveat emptor symbol removed. I believe there have only been a handful of companies in history to have ever achieved what we just have. Personally, this was one of my biggest tasks to accomplish in coming aboard as our new CEO in 2018. I am beyond proud of the sheer perseverance and dedication demonstrated by everyone of us here at Pineapple.
About Pineapple, Inc.
Pineapple, Inc. (the “Company” or “Pineapple”) is based in Los Angeles, California. The Company procures and leases properties to licensed cannabis operators and provides nationwide hemp-derived CBD sales via online and in-store transactions. Through the Company’s operating subsidiary, Pineapple Express Consulting Inc., it also offers cannabis business licensing and consulting services. The Company’s executive team blends enterprise-level corporate expertise with decades of combined experience operating in the tightly-regulated cannabis industry.
https://www.otcmarkets.com/stock/PNPL/news/story?e&id=2550999
hondaboost
2年前
Warning: PNPL, playing Scam games by changing names again and again to steal money.
Note 1 – Organization and Description of Business
Pineapple, Inc. (“Pineapple” or the “Company”) was originally formed in the State of Nevada under the name Global Resources, Ltd. on August 3, 1983,. On April 12, 1999, the Company changed its name to “Helixphere Technologies Inc.”. On September 19, 2013, the Company changed its name to “New China Global Inc.” On October 30, 2013, the Company filed its Articles of Continuance with the Secretary of State of Wyoming pursuant to which the Company was re-domiciled from the State of Nevada to the State of Wyoming. On July 15, 2014, the Company filed an amendment to its Articles of Incorporation to change its name from “New China Global Inc.” to “Globestar Industries”. On September 3, 2015, the Company changed its name to “Pineapple Express, Inc.” from “Globestar Industries.” The Company’s name has no relation to the 2008 motion picture produced by Columbia Pictures. Currently, the Company is in the process of seeking regulatory approval from the Financial Industry Regulatory Authority (“FINRA”) to change its name to Pineapple, Inc.
Big Brother
2年前
Yes, but only 1.8M are held @ DTC, so the rest of the unrestricted shares are still in cert form, as it is unlikely anyone was able to get shares deposited due to the CE for the past 7 years. Not that it mattered, as it was so insanely illiquid over that period time after it was suspended, the most shares it ever traded in a day I believe was 36K back in 2017.
Big Brother
2年前
OTC Markets has removed several CE's lately, 4 this week alone, which I can't recall ever seeing that happen before, so perhaps PNPL's time is coming sooner than later......its been a looong time. The use of the CE is just ridiculous now, OTCM needs the make the process for removal more straightforward, with a specific timeframe in which its going to happen, dragging this shite for years and years is total BS.
I'd probably at least put a bid in if the CE was removed.
Big Brother
2年前
They are already off the Grey Sheets.
After the suspension, the SEC investigated and did not recommend any enforcement action, thus the company was able to get a market maker to file a new Form 211( Glendale Securities I believe), a monumental process, so the stock could resume quotation via the OTC Pink Tier.
The new Form 211 was cleared by FINRA and they became 'proprietary quote eligible' on Feb 6th, you can not get PQE without a Form 211.
So in other words, they have gotten to a point very few in OTC history have been able to, out of the many thousands of suspended companies....and the majority of those had been suspended due to delinquent filings.
They still need to get the CE removed, this can take some more time, there is not much precedent to go by historically but could take 6 months or more. Then they can resubmit the name change to FINRA and try and get it changed to Pineapple Inc officially.
No doubt its been a long road for the shareholders but they could have easily given up, as 99.9% of other suspended companies do, instead there is now a chance at an exit in sight for those shareholders.
Survivor4
3年前
Cannabis Company Pineapple Inc. No Longer A 'Grey Market' Stock
Mentioned: PNPL
PINEAPPLE, INC. (OTCPK: PNPL) announced it is no longer a 'grey market' stock and apprised shareholders of its progress as related to its anticipated OTCQB tier upgrade.
'We have completed the necessary steps to be designated as a 'Pink Current Information' company with OTC Markets and are no longer designated as grey market. The company is currently pursuing an OTCQB designation, which is a higher trading tier on the OTC Markets platform,' CEO and president Shawn Credle stated.
Matthew Feinstein, director at Pineapple, added, 'We are deeply focused on securing regulatory approval so that normalized trading can commence for our shareholders. We hope to be nearing the finish line as related to the review of our 15c2-11 application and will be updating our shareholders once completed.'
misteroldman
4年前
Honestly, I cant remember... I lost my notes page on this one... and I have been watching it for many years. I think of how McDonalds is the largest real estate company in the world and yet they sell burgers. They have a franchise side and real estate side. I picture pnpl being that real estate side, the side that matters most... and franchising out the business plan. I should have keep my millions of shares in the sub pennies. But in all reality, who in their right mind would hold millions of shares of this in sub pennies when it was going through those horrid years before mr wonderful news kicked in then this thing went dark even more. that to me, screams change happening. then the whole name change and PVI taking over pineapple express with pnpl owning 40% etc etc... YOU KNOW MR WONDERFUL LOVES licensing deals / proven franchises and building out that way... maybe the weed delivery PVI will become a franchise / licensing deal with all other cannabis companies? or maybe we just merge or acquire businesses and remain a holding company soley. Either way, it is very hard to buy shares under $1 and even harder to sell them. I am a buyer under $1. If volume rolls in on news (it will eventually) and we find out what is going on here... I am willing to take this gamble. This is a play that could instantly pop and gap up to $50-$60 a share on merger or news or magnitude after being silent for so long. ORRRR this will plummet to sub pennies again... either way I would average down and hold longer. I am putting no more than $5k in at under $1. then it is only a few hundred bucks to avg down if it goes down to trips again. What i do know based off my DD... this is a real company and the numbers are being hidden from the public... Numbers that I think imo only, to be very very good and lucrative. Passing the safe banking act will make a company like this SKY ROCKET imo because the real numbers will start to come out and financial will be audited etc and this will prove to be a winner. While others doing the same thing may not live up to their hype pre safe banking act numbers and financials. Time will tell. Please share any info you have or even fun speculation. No chatter on this company anywhere and it is a company that is turning itself around after getting into a little trouble. I am liking this play a lot right now.
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