(Update) IGPK has strong catalysts and a hot chart
Published: Fri, 05/31/19
![]() Subscribers, We wanted to update you on our recent trade idea. The Company is called Integrated Cannabis Solutions, Inc (IGPK). It's still consolidating well just above long term support of $0.008. It recently traded at $0.013 just a couple weeks ago, so there's plenty of upside potential. Recently the Company announced some major news that they have entered into an agreement to purchase a 200 acre farm in Wisconsin for over $1.5m. You can check it out at https://finance.yahoo.com/news/integrated-cannabis-solutions-executes-contract-110000789.html IGPK is trading at just under a penny, just above long term support and we think there is tremendous upside potential over the medium to long term. Just six weeks ago IGPK was trading above $0.025. Today its at just under $0.01 - again, right at long term support. If this support continues to hold as it has for many months, we think IGPK could easily be trading north of $0.02 in the future. In addition, the Company recently updated shareholders on the progress they have made in the Q1 2019. Check it out at https://finance.yahoo.com/news/integrated-cannabis-solutions-issues-110000328.html Recently the Company announced it has entered into an agreement to purchase a 200 acre farm in Wisconsin for over $1.5m. We think this news could be a major catalyst for traders. Check it out... Integrated Cannabis Solutions Executes Contract to Purchase a 200-acre farm in Wisconsin- IGPK is building a Grow facility for Seedlings on the farm - The farm has Bungalows that earn revenue as Destination Getaways - Collectively the farm will have a total of 4 separate revenue streams COCONUT CREEK, Fla., May 15, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Integrated Cannabis Solutions, Inc., (IGPK) executed an agreement on April 15, 2019 to purchase a 200-acre farm in Monroe County, Wisconsin for $1,595,000 the Closing is scheduled for this summer. The farm being purchased has a total of 200-acres of which 160 acres are tillable and will be used to plant hemp. The remaining 40 acres will be used to create a Grow facility for seedlings and a processing facility. A total of 2 acres will be used to place a 30Ft by 96Ft Controlled Grow House and up to 30 (30Ft by 96Ft) Green Houses to hold the seedlings. In order to plant all 160 acres next year over 250,000 plants will be needed. The Grow facility will be used to create another revenue stream for IGPK. The current market price for seedlings range from $3-$5 per plant, a small 15-acre farmer will pay $75,000-$125,000 for seedlings to plant on their farm. The Grow house will be able to produce almost 45,000 per Grow cycle. The property has 4 bungalows and a pad to build a 5th unit that the current owners have been renting and as they built a profitable Getaway Destination location. The bungalows are rented as sleeping quarters only each unit has a different theme that includes a loft, kitchen and hot tub. The current owners have been approached by Airbnb to handle all the reservations, Integrated will work with Airbnb to process all reservations including creating a Hemp Farm Getaway package. Hemp Farm Getaway packages like this are popular in other countries like Canada that offer logging and tours. Integrated will have 4 separate revenue streams on the farm; hemp, processing, seedlings, and destination with additional projects in the works. Included in the purchase price are all the furnishings for the bungalows and spare inventory for the destination business plus 4 vehicles the staff on the farm will use. Integrated has agreed to keep the Sellers name and business confidential until the sale is final to respect their privacy. The redacted contract will be posted on OTCMarkets.com. About IGPK... IGPK has been granted Hemp Grower and Processor licenses in the State of Wisconsin, once known as "The Hemp Capital" of the United States. The farm IGPK is purchasing once grew hemp and tobacco, and currently grows corn on a commercial basis. Hemp grows wildly on the farm and surrounding farms.
Integrated Cannabis Solutions Cancels Common Shares and Retains Counsel for Registration Statement COCONUT CREEK, Fla., April 05, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Integrated Cannabis Solutions, Inc., (IGPK) continues to progress on its goal of reducing the amount of its Outstanding and Authorized shares and becoming an SEC reporting entity. The block of Outstanding Common shares has been canceled by the Transfer Agent, reducing the number of outstanding shares to below 650,000,000. A filing will be made today with the NVSOS that will reduce the total amount of Authorized shares to 900,000,000 with another reduction planned before the end of the month. Integrated Cannabis Solutions Update on IGPK Common to be Canceled COCONUT CREEK, Fla., March 28, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Integrated Cannabis Solutions, Inc., (IGPK) transaction to cancel over 500 million of its Outstanding Common shares is scheduled to take effect on the week of 04/01/2019. On 03/27/2019 IGPK's CPA audit prep team completed the draft financials, footnotes, and disclosures for FY-2017 and FY-2018. This is the complete draft document set required for the Auditor to conduct their review and issue their opinion for IGPK. COCONUT CREEK, Fla., March 22, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Integrated Cannabis Solutions, Inc. (IGPK) is happy to announce the lawsuit filed last November has been dismissed as per the Settlement Agreement entered into in. The dismissal of the lawsuit comes right as the Company is preparing to have the last two years of its financials audited. Once the auditors have the financials, then the Company will retain counsel to draft an S1 Registration to file with the SEC on or before mid may. We anticipate the S1 going effective during the 3rd Quarter, all shareholders will be able to follow the progress online at www.sec.gov. Integrated Cannabis Solutions to Cancel over 500 Million Shares of its Common Stock COCONUT CREEK, Fla., March 19, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Integrated Cannabis Solutions, Inc., (IGPK) is finalizing a transaction to cancel over 500 million of its Outstanding Common shares. Once the shares of Common stock have been canceled, the Company will file an Amendment with the State of Nevada to reduce the amount of Authorized shares by the same amount. Integrated Cannabis Solutions Has Been Issued a Grow and Processing License in Wisconsin COCONUT CREEK, Fla., March 13, 2019 (GLOBE NEWSWIRE) -- -- via OTC PR WIRE -- Integrated Cannabis Solutions, Inc., (IGPK) on February 8, 2019 submitted Grow and Processing applications with the State of Wisconsin in conjunction with the 200-acre farm it is purchasing. Both licenses were issued to IGPK by the State of Wisconsin on February 28, 2019 and copies have been uploaded to the Company's website www.igpk.org. The Grow License allows the Grower to grow and process their own hemp crop, while the Processing License allows the processing of hemp crops from in or out of State.
And given the Company's small market cap of just under $5 million, it could move quick. Recently, the Company updated shareholders on the progress they have made in the Q1 2019 which could act as a short term catalyst. Check it out at https://finance.yahoo.com/news/integrated-cannabis-solutions-issues-110000328.html And a couple weeks ago, the Company announced it has entered into an agreement to purchase a 200 acre farm in Wisconsin for over $1.5m. Get IGPK on your screen now and be sure to keep a close eye on this one over the next few weeks. All the best. SmallCapMomo.com picks@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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