WOWI Inc (PK) (WOWU) News

WOWU .0211

WTF!!!!!!!!!!!!!!!!!!!!!!!!!!

Seeking answers to criminal concerns with this stock. WOWI, INC (WOWU) Anthony Russo CEO.
Please respond so that I can have a private discussion with you, if you're willing.

$WOWU WOWI Inc. completes total acquisition of RED CREEK SPRINGS FACILITY located at 5715 Red Creek Springs Road East Pueblo, Co. 81005.Press Release | 05/30/2022

WOWI Inc. after entering into a definitive settlement agreement with FBS Holdings and Alex Warner WOWI completes final payment on February 1st 2022 of afore-mentioned agreement. This allows WOWI Inc to take total and planned ownership of WOWI Real Estate holdings 1. Anthony C. Russo CEO of WOWI Inc and control person for WOWI Real Estate Holdings 1 executed resolutions that WOWI Inc. shall control and own 100% of the shares of WOWI Real Estate Holdings 1. WOWI Real Estate Holdings 1 holds in it's entirety the deed to 38 acres that is the RED CREEK SPRINGS facility located at 5715 Red Creek Springs Road East Pueblo, Co. 81005. "It has been a long road and I know I can speak for our investors, at times a turbulent one, however we did what set out to do since the first days of WOWI Inc.. That is to: 1) set the bar high in the Colorado cannabis market for quality at a reasonable price 2) create a brand we can be proud to stand behind 3) develop the best cannabis farm/grow in Colorado 4) protect our investment and own the facility at the end of the day and lastly 4) Brand WORLD OF WEED from wholesale to the golden goose of retail products to end consumers bringing WOW into as many homes as we can. This year we have seen the culmination of all 4 of these goals. The final payoff of our settlement agreement with FBS and Mr. Warner, freeing up the property for ownership under WOWI Inc., was the finish to long excecuted plan and a proud moment for all associated with WORLD OF WEED and WOWI Inc.

Anthony C. Russo founder of WOWI Inc. and the WORLD OF WEED brands says proudly, "This is not the end by any means. We wanted to prove we could survive and flourish in the legal cannabis market and have done so unequivocally. We still have many goals to accomplish and that is to continue to expand our Colorado footprint, continue to build out our now 100% owned Red Creek Springs facility and of course become a multi-state brand.". He continues to say, " I know our investors have taken this longer than expected road with us. Most have been supportive and others of course dissappointed. However, one thing is a fact WE DID IT! We survived 2 terrible downturns in Colorado and every step of the way we grew our company through growth of revenue and sales in the underlying licensed companies. We believe that our superior employees, work and technology will continue to foster our future growth and bode well for our future. To make it clear the settlement agreement that was completed was with a previous board member of WOWI Inc. Mr. Alex Warner and his company FBS holdings.

"It was a bitter sweet day paying off the entire settlement amount, on one side it was a completion of a long laid plan for us and our investors on the other it reminded me that those we started with are not all enjoying these times with us. Sometimes people just see things differently and all I can do as the primary fiduciary of WOWI Inc. is to do what I feel is right in my heart and mind for our company." Mr, Russo ends by saying.

WOWU Attorney letter out

http://www.otcmarkets.com/financialReportViewer?symbol=WOWU&id=317780

$WOWU WOW World Of Weed backs out of two licensing agreements: Weed Crumbs and Arena deal (PDXP)
Press Release | 10/18/2021
WOWI Inc, symbol WOWU, backs away from closing an LOI intended to have WOWI market and sell under the franchise name WEED CRUMBS all weed crumbs products and some specific products from WOWI like pre roll joints for wholesale distribution. Anthony C. Russo, CEO of WOWI, says " We found very alarming issues with our compliance expectations and that of the WEED CRUMBS management. We also found there was operational and management differences that we could not buy into or feel we could overcome the negatives of and still operate at the extremely high levels we have both in the quality WOWI demands and the profit margins that we strive to hit.". WOWI is still extremely excited to close other more appropriate licensing agreements this year and going forward in 2022.

WOWI Inc also lets lapse an LOI to enter the most lucrative cannabis market, Southern California, through a proposed licensing agreement involving PDX partners and an arena league located in L.A.. During our due diligence phase we found various issues that arose in which our legal counsel and our various personel did not feel we could move forward with this agreement as it stands. " Although we were very excited about the opportunity we also strongly felt that with some underlying SEC issues with the licensee we just could not pull the trigger and be involved at this time and at minimum till more clarity came out about the various allegations and charges. We loved the structure of the deal and the dynamic people involved but trully could not get over the road blocks as they stand.", Says Anthony C. Russo CEO WOWI Inc.. "We have entertained other offers in Southern California and other areas and will continue to look to enter the professional sports markets and build the WOW WORLD OF WEED brand of products. We really decided to focus our capital expenditures and efforts in our home state of Colorado and this strategy looks like it is paying huge dividends especially during the time of COVID." Anthony C. Russo, CEO WOWI Inc. further expounds.

WOWI Inc looks like it has regained the focus that made it a solid brand and built it into one of the top rated flower producers in Colorado. WOWI strongly feels the end of 2021 and the upcoming 2022 years are going to be the door busting years for the WOW WORLD OF WEED trademarked brand to push into the retail customers' homes both in Colorado and other states across the country. They look to do this through the legal cannabis market in Colorado and the national legal CBD market for other states. "We still have the goal of building WORLD OF WEED into the top nationally branded and diverse product for the neutraceutical arena. We strive to better both the health of our WORLD OF WEED brand followers and equally for the economic health of our various public investors.

This is from 2016 - does anyone have the current board?

Have they expanded to CAL? The company connections need a forensic map.

Do you have any information wrt:
WOWI'S strict and proprietary standard operating procedures and intellectual property?

HopScotch2 - I appreciate all of the Due Diligence you posted regarding the history of the companies related to WOWU. TSD

$WOWU WOWI INC. signs definitive agreement to build state of the art clone genetics laboratory with RMHB.
Licensing/Marketing Agreement Announcement | 05/18/2021
WOWI INC. and RMHB of Houston sign a definitive agreement for RMHB to provide an industrial building to WOWI's Red Creek Springs grow facility. This structure is a pre-built industrial building and will be installed at the Red Creek Springs facility for the propagation of one of a kind WORLD OF WEED signature genetics. WORLD OF WEED under the Management of WOWI INC. will set up and operate the facility under WOWI'S strict and proprietary standard operating procedures and intellectual property. Using these bar raising procedures WOWI will propagate signature cannabis genetics for sale in the legal Colorado recreational cannabis market. WOWI will market to already existing grows all over the state of Colorado. " We are excited to embark on this new addition to our established Colorado business and the subsequent revenue pickup and diversification this venture will provide.", says Anthony C. Russo, CEO, WOWI INC.. Mr. Russo also says, " The genetics business is both under serviced and extremely lucrative in Colorado both in Gross revenue as well as net profits". WOWI sets out on this addition to it's business for increases to it's profits and revenue but also to raise the bar in terms of it's operations at the Red Creek Springs facility. WOWI and it's CEO, Anthony C. Russo believe that it's ability to foster premium state of the art genetics and to build better and more robust cross breed hybrids will raise the bar over its competitors. " We feel strongly that this business venture will give WORLD OF WEED a competitive advantage in the grow market in Colorado and elsewhere we decide to expand to.", CEO Anthony C. Russo expounds. WOWI expects the genetics facility to be fully operational sometime by the end of 2021 and be seen on the first quarter financials ending March 31st, 2022

grey market (expert) previously suspended for fraud pdxp?

WOW Inc. to Expand Into Worlds Largest Cannabis Market

DENVER, Sept. 04, 2020 (GLOBE NEWSWIRE) -- World of Weed Inc. (OTC PINK: WOWU) is pleased to announce its growth strategy in the U.S. Cannabis market by executing a Letter of Intent to grant franchise rights to PDX Partners Inc. (OTC PINK: PDXP). Both parties strongly feel the Southern California market for cannabis is both lucrative and in its primal infancy. Also key is the national impact both socially and economically of California and especially Southern California. CEO of WOWI Inc., Anthony C. Russo states, “We have closely watched the California legalization of recreational cannabis and its impact. With this recent dip in sales we feel the long term prognosis and economic viability is even more attractive thus prompting our current entry.” “The current California opportunity with PDXP and my long term relationship with their CEO, I believe, opens infinite positive possibilities,” said Russo. Pat Johnson PDXP CEO states, “We are excited to franchise World of Weed branded storefronts and WOW set up grows to raise the bar in efficiencies and quality products to the California consumers. We believe that World of Weed’s processes and proven track record set them apart from the others and that their proof of concept during good and bad pricing markets makes them the leader in Colorado.” The arrangement looks to Brand the nationally trade marked World of Weed name and products in what most consider the biggest potential cannabis market in the USA. Final agreements are currently in document review and will be executed as both CEO’s and their counsel’s sees fit.

Data from Leafly’s 2020 Cannabis Jobs Count indicates that legal cannabis sales in California contracted 18% year-over-year to $2.03 billion in 2019. That took a toll on cannabis employment in the Golden State. From Jan. 2019 to Jan. 2020, about 8,600 previously legal cannabis jobs in California became illegal cannabis jobs or disappeared entirely.

That was due in large part to the sunsetting of medical marijuana-era collectives. Industry veterans and Canadian newcomers alike lost their shirts last year. California remains the nation’s largest cannabis employer, with an estimated 39,804 full-time jobs, but the industry remains tightly constrained by a tough licensing and regulatory environment.

But here’s the flip side: Legal excise tax revenues surged 60.5% year-over-year to an estimated $305.30 million in 2019 (up from $190 million in 2018). There are now more than 600 open stores and delivery services, with an estimated 300 new stores expected to open in 2020. There are 5,400 licensed farms, ensuring adequate legal supplies.

"This endeavor will expand the World of Weed brand into the lucrative and immense Southern California cannabis market which is the largest legal market in the world,” said CEO Anthony Russo.

Wondering if Chuck Sallah is related to James Sallah?

What a crew. Pugliese is the son of rather notorious Anthony Pugliese III, real estate developer currently in jail. AP IV was accused of bugging a business rival of his father, and has a pretty strong reputation in NJ for less-than-above-board actions. Sallah is Charles Herbert Sallah, attorney in Toledo. No disciplinary action in Ohio against him.As the web site says, Russo was with RBC Dain Rauscher...web site doesn't mention that he had a $419,000 judgment against him for common law fraud, intentional misrepresentation, breach of fiduciary duty, breach of contract, civil theft, unjust enrichment, relating to Russo soliciting outside investment in Bridges, LLC. Also doesn't mention that Russo was suspended for failing to comply with the arbitration award.Details, details.

Anyone know if Charles is also Chuck Sallah, a broker and/or a lawyer in Ohio?

Anyone with current biographies of management please post for the board:




In my opinion, investors should avoid WOWU like the plague.

Big judgment against Richard Rossi in a shareholder derivative action by IRT now known as WOWU. Lets see if WOWU's management attempts to collect for the shareholders against their own attorney, Richard Rossi.

More Dirt on IRT and its Boca Raton lawyer Richard Roy Rossi.

Much more to come on the people involved with WOWU.

LMAO - an obscure name on a case from 17 years ago? next...

I assume that this is the same Richard Rossi. I think the Florida Bar should have been provided with this information.

More on the history of WOWU and the people still involved. Note the indictments related to IRT Industries aka WOWI Inc


https://www.justice.gov/usao-edny/file/777136/download

What are the chances of this? Another interesting connection. One of the tickers became a Laura - Michael Anthony shell - Americom Network International


trades today as HGHN

http://www.otcmarkets.com/stock/HGHN/profile

But the most interesting part is looking at how long after they were indicted before they were sentenced

https://www.justice.gov/sites/default/files/usao-edny/legacy/2014/05/19/CR-00-1248_US_v_JONATHAN_WINSTON_etal_Court_events.pdf



DON'T LET THE CRIMINALS BEHIND THIS SCAM STEAL YOUR HARD EARNED MONEY.

And the new board of directors. A few bios look a bit dodgy.

Oh this is just pathetic. From the CEO's biography:

• 2001 to September 2010 – Michael Heilman joined Legacy Brands Holding in 2001 when it was a failed dotcom company. As its president, primarily on a part-time basis, and controlling shareholder, he successfully restructured the company.

Hmm lets see IRT was the predecessor and it was a failed dotcom company... what was going on way back then?? SEC Actions in connection with William David Jones and Robert Schlien. Who was the CEO?



On November 25, 1998, our management at that time voluntarily entered into a Consent to Entry of Judgment of Permanent Injunction and Other Relief in connection with In the Matter of IRT Industries, Inc., Securities and Exchange Commission ("SEC") File No. A-1605, pursuant to which the SEC has the right to present to the United States District Court, Southern District of Florida (Miami Division) a Final Judgment without further notice to us. The proposed Final Judgment restrains and enjoins us from committing fraud in violation of Section 17(a) of the Securities Act of 1933, as amended or Section 10(b) of the Securities Exchange Act of 1934 as amended and Rule 10-(b)5. In the event that we fail to comply with the terms of the Final Judgment, the SEC will be able to petition the Court to assess civil penalties against us.

I wonder why they left out the history of http://www.prnewswire.com/news-releases/legacy-brands-holding-inc-announces-new-trading-symbol-70615292.html

Legacy Brands Holding Inc., formerly IRT Industries

http://webcache.googleusercontent.com/search?q=cache:CvWtwGa5YZkJ:www.otcmarkets.com/stock/JOLE/profile+&cd=1&hl=en&ct=clnk&gl=us

http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2000%5C0202%5CH0004411.TIF&documentNumber=M36633

Very interesting history in this ticker.

Jolen Inc., JOLE, changed to WOWI Inc., WOWU:

http://otce.finra.org/DLSymbolNameChanges

Revelation MIS Inc., RELAF, changed to Jolen Inc., JOLE:

http://otce.finra.org/DLSymbolNameChanges

Just to let the other 9 of you who are paying attention know, I took over the moderator position here. There have been some updates to the Ibox and I'm still digging around to see what (if anything) might be happening.

Reporting status is dark. The inbox is horribly out of date. We don't even have the right ticker up top.

The recent ticker change is interesting.

Seems to be some action here, still trying to figure out why.

Ticker change to RELAF, Revelation MIS Inc.

Found this as well:

http://71.236.31.68:8005/documents/Revelation_PR_Nbr1_Acquisition_20101022.pdf

The bid upticked to .13. Still no volume though. Probably just somebody fishing.

Waiting patiently to play this one- is on post RS database and when time arrives will be ready

a 99.47% drop holy chit

I( think if we all hold on we could see .0001!!!! Yeah!!! If you really want to laugh, look at SEVA.

$5.39 close

2.45 DROP TO 3.00 with 100s shares!?

$5.50

yeah someone painted the bid for a 90%+ loss

It seems that I'm seeing some conflicting data for the day insofar as the high/low. Anyone else?

not bad ~ .015

$4.50 post r/s not bad

The gig is up after a tremendous run....1/300 R/S..

i'd say a few mm's who sold naked on the first run are covering before the r/s.

amazing.....ck out TYTN for similar move....just getting started IMO

Nice! Wonder whats going on?

Huge baby HUGE!