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Cannabis Reverse Merger; the Rise of Arcis Resources Corp (OTCMKTS: ARCS)

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Arcis Resources Corp (OTCMKTS: ARCS) is in full beat mode skyrocketing up the charts out of its triple zero lows well into penny land on a massive surge of volume after the Company gets active on twitter and reports it is getting current on OTCMarkets and executing a merger with one of the biggest companies in the cannabis sector.

Reverse merger (RM) stocks have emerged in recent years as the biggest runners in small caps even more explosive than biotech’s and ARCS has been no exception so far. ARCS is a clean shell with virtually no debt. ARCS states on twitter no RS, cancelling restricted shares and a share buy-back which is significant as the Company has just 715 million free trading shares.

Arcis Resources Corp (OTCMKTS: ARCS) is a clean shell operating out of Denver, Colorado that has been making some big announcements on twitter including getting current and executing a merger with one of the biggest companies in the cannabis sector. More details are going to be released this week according to the Company on twitter.

ARCS stated on twitter: Dear shareholders, We’ve received dozens of emails regarding our ongoing operation. As of this moment, we decided to make twitter our formal way of communication. In the next tweets, we will address all the questions asked by you. We will never wipe out our shareholders through a reverse split. Our mission is to increase shareholder value tremendously and not the opposite. Restricted shares will be retired. We are in the process of purchasing shares out of the retail market. Shares will be assigned to a new class of preferred shares and locked out of the market. An official statement will come out at the end of the process. No dilution taking place. And it will not happen in the future. We are awaiting to receive OTCIQ access to upload filings and bring the company back to Current status. Early next week, we will release a shareholders letter. Explaining our goals and what we have achieved so far. After regaining Current status, we will officially announce a merger with one of the biggest companies in the cannabis sector. We have worked hard to make it happen. Our action will prove to our shareholders and everyone else how to bring real shareholder value.

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ARCS

ARCS corporate structure has been around for years and was registered in Nevada in 2008 as Mountain Renewables, Inc. In 2010 the Company changed its name to Arcis Resources Corporation and acquired the assets of the GFL group; a global environmental and energy services enterprise providing innovative products, services and solutions to customers worldwide. Noteworthy among the Group’s services is APS’s Emergency Response Spill Cleanup Service, which provides round-the-clock response to industrial environmental crises such as line breaks, tank overflows, or waterway soilage.  Later on the Company executed a new business strategy focused on the development and sale of premium portable & desktop vaporizers, E-juice, oils & accessories, and wearables.

A reverse merger with one of the biggest companies in the cannabis sector bodes well for ARCS shareholders as the sector is heating up; Marijuana and CBD stocks are on the rise in recent months as New Jersey, Arizona, Montana and South Dakota legalize cannabis for recreational use. Also the house just passed sweeping legislation that would decriminalize marijuana and expunge nonviolent marijuana-related convictions although the bill is unlikely to pass.

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ARCS is in full beat mode skyrocketing up the charts out of its triple zero lows well into penny land on a massive surge of volume after the Company gets active on twitter and reports it is getting current on OTCMarkets and executing a merger with one of the biggest companies in the cannabis sector. Reverse merger (RM) stocks have emerged in recent years as the biggest runners in small caps even more explosive than biotech’s and ARCS has been no exception so far. ARCS is a clean shell with virtually no debt. ARCS states on twitter no RS, cancelling restricted shares and a share buy-back which is significant as the Company has just 715 million free trading shares.We will be updating on ARCS on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with ARCS.

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Disclosure: we hold no position in ARCS either long or short and we have not been compensated for this article.

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7 Comments

  1. Avatar

    Dave,

    What is your take on the legitimacy of the company and the update on filings, now that OTC has put CE on their page?

    Thanks,
    Kenneth

  2. Avatar

    I’d like to see if you can get some kind of PR from a bona fide board member. What your circulating here has been called an elaborate scam due to the fact that the new twitter account is already down (probably set up by OC or one of his buddies) and the website that was up (not up anymore) had been only recently purchased. There has yet to be any PR from the company that can be verified. @OCMillionaire, whom you quoted, has backtracked and called it a scam by which he too has been victimized…

  3. Dave Young

    Watch out for these cos posting updates on twitter, they do it because its not official, cheap and can easily be deleted. We at microcapdaily have also learned a lesson on ARCS and from now on we will include a portion of this text on any articles where co is trying to move the market via twitter.

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