The company is going to grow in Colombia and export to Canada. It’s a private placement for accredited investors. I’ve inquired on this and received the investment presentation. They are trying to raise $20 million. The minimum buy in on this is/was $25,000(12,500 shares @ $2 per share)
Investment highlights: (so said in the package they sent)
1. PharmaCielo is positioned to be world leader in the wholesale supply of high grade oil extracts
2. PharmaCielo has competitive cost advantage for production due to Colombia’s ideal location and growing conditions (cost $.05 per gram in Columbia vs. $1.75 in Colorado vs. $3 per gram in Canada)
3. Colombia has a clear, legal framework for the cultivation, processing and export of medical cannabis products
4. PharmaCielo granted Colombia’s first manufacturing license to process cannabis oil extracts for medical purposes
Chairman of the board is Simon Langelier previously of Philip Morris International.
Capitalization and Share Capital
Designation of Security Amount Authorized Amount Outstanding
Common Shares Unlimited 65,007,622
Warrants Unlimited 2,015,220
Loans n/a $nil
FULLY DILUTED SHARE CAPITAL Common Shares
Number Percentage
Common Shares outstanding 65,007,622 88.63%
Shares issuable upon exercise of warrants issued 2,015,220 2.75%
Shares issuable pursuant to various stock option agreements 6,325,000 8.62%
Total 73,347,842 100%
Insiders own 37.53% of total share capital
I’ve read all of the articles but I’m inexperienced as an investor. Everything sounds good. I don’t really know what to do with the numbers, which is why I’d prefer get some advice from everyone here. Any comments appreciated. Also if there is any more info needed to get a better picture I have everything that they have sent.
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Where do I go to read about the quartely S. S. PAYMEMTS
Social Security Payments?
Steven, send me the PPM. I’ve spent 13 years in cannabis industry.
Whats up man im super interested in this business opportunity. Im a colombian american and ThC enthusiast haha. How do i get my hands on this info?