Medical Marijuana Update: Calyx Bio-ventures (v.cyx) Hopes To Be A Weed Killer

NEWS TODAY: The SEC has suspended trading in Advanced Cannabis Solutions ( OTCQB:CANN , Stock Forum ), saying, It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Advanced Cannabis Solutions, Inc. The SEC continued, There are questions regarding whether certain undisclosed affiliates and shareholders of Advanced Cannabis common stock engaged in an unlawful distribution of securities through the OTC BB and OTC Link. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company. The company is taking a combative stance , with Jill M. Peterson, Assistant Secretary of the company saying, “No one at the SEC contacted the Company or any of its officers or directors regarding whatever questions they had regarding this matter []All of the shares owned by the company’s officers and directors are restricted and have not traded in the public market. Creative Edge Nutrition ( OTO: FITX , Stock Forum ) has secured $20m in private financing , but failed to launch its share price upward accordingly, perhaps due to the 3.4 billion shares it has outstanding. Satori Resources ( TSX:V.BUD , Stock Forum ) has issued a clarification as to its current director shortage and trade halt, stating that former director Strand left not over company direction, but due to a new post in a government department which required stepping down from public company roles. The company has now appointed former director Walter Henr y to the board, fulfilling its TSX listing requirement of having a minimum of three directors. The TSX had denied a waiver to three director rule, and the stock remains halted. Henry was last on the board when the company was called St Eugene Mining. Easton Pharmaceuticals ( OTO:EAPH , Stock Forum ) announced a slate of new advisors and execs . Didnt do much for their share price.
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