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Author Topic: The Next American Gold Rush! ⋆⋆⋆⋆฿itcoin฿udz⋆⋆⋆⋆  (Read 13692 times)
BitcoinBudz (OP)
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June 24, 2014, 11:52:57 PM
Last edit: July 25, 2014, 07:49:39 PM by BitcoinBudz
 #1

Since no one seemed to even read the post and just deleted it, I am going to try again maybe READ IT THIS TIME
ISSUER DETAILS

In 1996, with a change in law, Cali legalized medical cannabis create a new  legal side of the cannabis. I started growing in 2008, as a patch grower, the quality was not what I was looking for so I moved the operation inside 2 years later. I have tried soil, hydroponics “drip tech” and aeroponics. I am a master at growing aero and have been doing it since 2010. I only grow High THC large yielding strains. I generally start with a batch of 20 seeds and pick the best phenoms then clone them. I am also going to be starting a strain its going to be called “Shatoshi Gold”

Our Mission

To provide safe quality, medicine at a affordable price to our clients, Dispensaries.

The product and details.

BitcoinBudZ is an  Smiley investment that focuses on legal cannabis and concentrates. We grow and produce cannabis in the medical sector our product usually range from A to AAA depending on the strain and phenom. We only buy seeds from seed banks insuring the top quality of medicine.

Our revenue will be based off the products we produce, our product sells from 2200 to 3500 a pound. The factors in price depend on season, supply and demand We also will be offering concentrates and edibles made from the trim. Our grows will be quality tested at labs to insure the medicine is of top quality.
The margins on this are usually 70%+.

The investment

We understand that our product is legal in California, and will be up for legalization vote this year. This puts us in a unique position to be one of the first to supply the product when it becomes legal. If you doubt it will become legal you need to read the polls. When it becomes legal we will apply to become a state regulated supplier in the chain. With product already in hand we will have a advantage.  After we develop our strain we will also be entering it into cups for competition giving us a “known” brand.



SHAREHOLDERS AND THE BUSINESS.


Our company is to be held in confidence due to federal stance being shaky.  We will provide weekly updates to include, and not limited to. Plant count, harvest dates, pictures and lab results.

So how do I buy Shares?
We will up date this soon. Message me if you would like to buy shares before we release IPO. Discounts apply for early investors.
Dividend payments from revenue generated will be paid on a harvest basis from Dollars converted into BTC. Operating cost will be come out of  dividends. Our main priority will be to provide investors with a the most bang for their buck. We will be growing in the most cost effective and productive way “Aero” soil does not produce quality or quantity.

Shareholder Rights and Privileges

Share holders the hold X number of shares will become part of the advisory team. We will have share holders meetings every quarter and harvest. Monthly we would like to hold informal meet and greets, so if any new investors came on board they can be caught up to speed.
Risks Factors

In the event of legal issues, we will liquidate. If for some reason I can not liquidate the assets myself I will instruct a close friend on what to do. To limit the risk of the start of the ipo we will find a trusted forum member to hold all funds in escrow. The funds will only be released for purchases and expenses.

listed on counterparty under TICKER: BUDZ


5,000 Shares will be issued at a price of .005
1,500 Shares will be held by me and are NOT TRADABLE.

Story behind IPO-

I usually do not grow in the summer months, I take that time off to vacation and spend time with family. This year is a little different I sold all of my growing gear to pay off a medical bill "No medical insurance" one of the great things about being self employed  Roll Eyes. Well it seems the first bill was not the last and they are piling up. I have, and will be slowly buying gear but would like to get this going. Quicker I can get my next room started the faster I can pay these bills. I am looking to expand from my normal 20 plant grow to my Max of 100 plants. This will take some funding and thats why I am here.
Pictures I wrote 23rd but I took them today..
Fixed Smiley   Cooldgamer issue















Since my last post I have spent about 1.5k More on supplies most of it is going in my veg room. I still need 1000 watt lights and to build out the flowering room.
IPO funds will be used for
Build out new flower room, Lights, AC, Can Fans, CO2, Carbon scrubbers and or Ozone generator.
Electric cost of around 600$ a month for 3 months.
Nutes
Build a breeding room. This has to be done in a total enclosed and different area.

Help the world get their hands on Satoshi Gold!


BitcoinBudz- On Counterparty -Ticker: BUDZ
"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." -- Satoshi
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June 25, 2014, 12:00:49 AM
 #2

>BitcoinBudZ
>Z

All I need to know Smiley
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June 25, 2014, 12:02:26 AM
 #3

Do you have a license to grow this?

It is pitch black. You are likely to be eaten by a grue.

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June 25, 2014, 12:04:28 AM
 #4

Yes sir had one for many years Smiley I have a medical issue.

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June 25, 2014, 12:05:47 AM
 #5

hmm the nature of this one makes it a hard call lol


EDIT: Got some product to show?

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June 25, 2014, 12:23:07 AM
Last edit: July 25, 2014, 07:49:56 PM by BitcoinBudz
 #6

WEED PORN!

Skywalker X OG Kush

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June 25, 2014, 12:48:49 AM
 #7


BitcoinBudZ is a investment

Yep, all I need to know here as well.
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June 25, 2014, 01:12:47 AM
 #8


BitcoinBudZ is a investment

Yep, all I need to know here as well.

Not sure what that means.

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June 25, 2014, 01:54:10 AM
 #9


BitcoinBudZ is a investment

Yep, all I need to know here as well.

Not sure what that means.

Any word beginning with a vowel should be preceded with 'an', not 'a'.

BitcoinBudz is an investment. This rule also holds true with words beginning with 'h', like 'honest', due to the vowel sound.

This may seem really nitpicky, but it's hard to read much further into a 'prospectus' after glaring grammatical errors like this.
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June 25, 2014, 02:49:12 AM
 #10


BitcoinBudZ is a investment

Yep, all I need to know here as well.

Not sure what that means.

Any word beginning with a vowel should be preceded with 'an', not 'a'.

BitcoinBudz is an investment. This rule also holds true with words beginning with 'h', like 'honest', due to the vowel sound.

This may seem really nitpicky, but it's hard to read much further into a 'prospectus' after glaring grammatical errors like this.

I work with my hands not words. But I guess that's kinda like judging someone for not being able to grow food which is a staple of life, unlike writing. Because a person lacks in one aspect does not make them, less capable of doing a job that does not require it. My skill is not in writing, but in growing and that's what I offer. I will change it, thanks for pointing it out. I am not beyond improving myself.

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June 25, 2014, 03:52:55 AM
 #11

Couple of q's for ya

What's your expected gram per watt?
What's your lighting plan?
What type of method will you use? Scrog/sog/Christmas tree
What medium?
What rooms size, veg/mother/flowering
Will you sterilize rooms to reduce risk of buggage?
What wattage and type of lighting?
What safety equipment will be onsite to deal with known risks?
Does your insurance on the house cover fire under these circumstances?
Confirm you are borrowing neighbors electric?
What extraction?
What odour control?
What strains?
Do you have any experience growing 100+ plants?

These come to mind as common sense questions heh



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June 25, 2014, 11:29:52 AM
 #12


BitcoinBudZ is a investment

Yep, all I need to know here as well.

Not sure what that means.

Any word beginning with a vowel should be preceded with 'an', not 'a'.

BitcoinBudz is an investment. This rule also holds true with words beginning with 'h', like 'honest', due to the vowel sound.

This may seem really nitpicky, but it's hard to read much further into a 'prospectus' after glaring grammatical errors like this.

I work with my hands not words. But I guess that's kinda like judging someone for not being able to grow food which is a staple of life, unlike writing. Because a person lacks in one aspect does not make them, less capable of doing a job that does not require it. My skill is not in writing, but in growing and that's what I offer. I will change it, thanks for pointing it out. I am not beyond improving myself.

You'll not only be working with your hands, but also working with other people's money. Normally a modicum of proofreading goes into a solicitation like this - it shows not so much that you have great writing skills, but that you're thorough and have thought this whole thing out. It shows that you care.

I suppose that this came off more like an attack than I intended - I just meant to say that, if you're going to ask for money here, at least take the time and effort to get the simple stuff right.
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June 25, 2014, 12:05:42 PM
 #13

What's your expected gram per watt?
I am a little under a gram right with my previous set up which did not have a timed or controled CO2 system I was just using 4 of these


What's your lighting plan?
2 x 2 1000 watt lights on movers
What type of method will you use? Scrog/sog/Christmas tree
I have had the best results with SCROG it builds right into the aero system I build.

What medium?
Hydratron

What rooms size, veg/mother/flowering
Both are 14x14 rooms the Veg is split in half, half for veg half for clones and moms.

Will you sterilize rooms to reduce risk of buggage?
I actually set up a tent, like a camping tent put all my equipment in it and bomb it. I did half of it last night and plan to finish the rest today.

What wattage and type of lighting?
I currently have a 600w 2X400 watt 30 CFL's.
Need to get my by my 1000 watt lights still, I use only badassbulbs, I have a lux meter and have tested a couple of different bulbs the BAB's put off the best lux per $. I change bulbs every 2 grows.

What safety equipment will be onsite to deal with known risks?
I have fire blankets, fire extinguishers and a first aid kit. The fire extinguisher is rated for electrical fires. All wiring was done by a certified tech, and has been upgraded cost a pretty penny I must say.

Does your insurance on the house cover fire under these circumstances?
I never honestly asked them, but I was given the property so I own it free and clear and could burn it to the ground if I wanted to.

Confirm you are borrowing neighbors electric?
I can neither Confirm or Deny this, JOKING. Nah I pay my bills no need to steal.

What extraction?
BHO, Bubblehash and edibles, I make some bomb ass rice krispy treats.

What odour control?
Carbon scrubbers inline with can fans.

What strains?
I have grown a bunch, still deciding what to grow this time around.

Do you have any experience growing 100+ plants?
We have a farmers union is the best way to describe it, we have about 12 guys that help each other out from time to time. 3 of the guys do outdoor gardens and have well over 100 plants. 1 of the other guys has a ware house with 175 plants all on aero. So yes I have grown 100+ plants but my permit is only for 100 so I will be growing under that amount.

Great questions! I will post some more pics I been working on some rails for the veg aero system.








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BitcoinBudz (OP)
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June 25, 2014, 12:28:23 PM
 #14


BitcoinBudZ is a investment

Yep, all I need to know here as well.

Not sure what that means.

Any word beginning with a vowel should be preceded with 'an', not 'a'.

BitcoinBudz is an investment. This rule also holds true with words beginning with 'h', like 'honest', due to the vowel sound.

This may seem really nitpicky, but it's hard to read much further into a 'prospectus' after glaring grammatical errors like this.

I work with my hands not words. But I guess that's kinda like judging someone for not being able to grow food which is a staple of life, unlike writing. Because a person lacks in one aspect does not make them, less capable of doing a job that does not require it. My skill is not in writing, but in growing and that's what I offer. I will change it, thanks for pointing it out. I am not beyond improving myself.

You'll not only be working with your hands, but also working with other people's money. Normally a modicum of proofreading goes into a solicitation like this - it shows not so much that you have great writing skills, but that you're thorough and have thought this whole thing out. It shows that you care.

I suppose that this came off more like an attack than I intended - I just meant to say that, if you're going to ask for money here, at least take the time and effort to get the simple stuff right.

I have Dysgraphia and stage I hodgkins disease. It can take me a hour just to write a post sometimes, It is very frustrating staring at a sentence trying to figure out if it will make sense to everyone else or just me. Sometimes people do the best they can with what they got, my handwriting is horrible, this made getting a normal job very hard for me. If the job required any type of written work, forget it. The sad part is I helped a friend in doing sales, I got him the sales leader of the year award. Then the company he was contracted through found out and wanted to employ me, I had to take a skills test and failed it.

The hodgkins has nothing to do with grammar, but its why I have medical license. I got it from contaminated ground water on a U.S. Military Base when I was a child. The hodgkins is treatable and that's the medical bills I am having to pay.

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June 25, 2014, 06:31:39 PM
Last edit: July 25, 2014, 07:51:44 PM by BitcoinBudz
 #15

Been working some today Smiley

Last batch of seeds I bought need to get some more, if you have a requested strain let me know.



First rail for the Veg room


want to know what a rail is? Curious about how I grow?

http://www.youtube.com/watch?v=_S2ruUA7X9w

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June 25, 2014, 07:01:58 PM
 #16

I don't think you will have enough space in the room to get max yield per plant, if you drop down to around 70 plants it'd be better. Each plant with 1.5sqft in 14x14 room, also space to move between the rows for scrog training/clipping etc

Lighting will you mix mh and hps, I discount fluoros except maybe keeping mothers alive. Not good for growing cost vs lumen output vs canopy penetration.

With medical license you should be on one the public lists, are you willing to share this info since this a legal grow op. The insurance q was to cover the outs(fire/theft) so there would be lfimacial recourse for the investors.

The other issue I see is that a lot of the dispensaries pay top dollar for organic product, hydro not so much.

Am still trying to work why you need to raise so much money to get this ip and running. You mentioned you spent 2ish k already. Another 3-4k should get you there. Most of aero things have seen are diy, it's not rocket science!

Can you do a breakdown on what you need the money for, the material costs etc. medical bills are not project related sorry man.



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June 25, 2014, 07:05:49 PM
 #17

I have had some request about output

 A conservative answer would be .75 Grams per watt. That would put it at 7 Pounds, this would be the worst case ex. we had problems with CO2 or something. The max would be 1.2 grams per light that is everything goes 100%. That would put it at almost 11 pounds.

I grow A-AAA+ strains and can fetch between 3000- 3800 depending on the strain, and time of year. The outdoor season end in OCT floods the market and prices drop to 2.5k this usually endss in mid nov and the price climbs back up and peaks in Early January to late feb. This last Jan I was getting 4k a pound for Sage and Sour.

So min of 21k Max of 33k if they sell at 3k a piece.
The profit margins are pretty sweet on it the overhead is usually around 20-35%.
With 35% over head the first div would be 13650-21400.
First dividend will take 3 months +/- 2 weeks. I do not do set times I go by trich color.
It would come out to betwen 4550-7130 per month in dividends or
.70 - 1.09 cents per share per month.

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June 25, 2014, 07:48:02 PM
 #18

Quote
I don't think you will have enough space in the room to get max yield per plant, if you drop down to around 70 plants it'd be better. Each plant with 1.5sqft in 14x14 room, also space to move between the rows for scrog training/clipping et
c

I used to do complete grows and harvest, growing from seed everytime. Thats what the first harvest I will have this time will be. But I am going to clone them so I reality 100 plants would be a total. After the first harvest it would be
30 in clone, 30 in veg, 30, in flower. So the space issue will only be to start.


Quote
Lighting will you mix mh and hps, I discount fluoros except maybe keeping mothers alive. Not good for growing cost vs lumen output vs canopy penetration.
I use floros for clones save on electric and heat. I do mix mh and hps to get complete spectrum. If you know about growing you know one spectrum makes them grow tall and the other makes them grow wide.
Quote
With medical license you should be on one the public lists, are you willing to share this info since this a legal grow op. The insurance q was to cover the outs(fire/theft) so there would be lfimacial recourse for the investors.
I am not sure thats a great idea I think the feds crawl this forum and that would make me a target and a example.

Quote
The other issue I see is that a lot of the dispensaries pay top dollar for organic product, hydro not so much.
It all depends some just want you to get a lab test on them, its hard to get certified to grow organic. But you can grow organic in aero fyi, and that could be a future option.

Quote
Am still trying to work why you need to raise so much money to get this ip and running. You mentioned you spent 2ish k already. Another 3-4k should get you there. Most of aero things have seen are diy, it's not rocket science!

One time only operating expenses
For the lights  its 1k +shipping
The movers are 1.2k+ shipping
The cost to have a upgraded electrical system 2350$
R.O, Filter 400$
100 Seeds 750+
mylar rolls x3 100$
Actual aeroponic set up 1500$ this done right and to support the weight of full grown plants, they get HEAVY!
2 6inch fan carbon filter combo's 300$
Duct 50 feet 60$
2nd AC unit 300$
Booster fans X4 140$
Floor protector 100$
Plyewood and lumber 400$

Recurring expenses
Nutrients and additives  Shocked
GH Grow, Bloom, Micro Need 2 bottles of each 220$ I could order 50 gallon drums but I think that would be hot Smiley
Rootastic 500m 100$
Bloombastic 5.5L 500$
Ph Up Down- 30$
Aquashield 1Gal 80$
Clonex 1 Gal 55$
Clonex Gel 250ml 30$


3X months electricity 1100
3x months water 120$

Pay trimmers 100$ a day + 3 grams. I provide free munchies out of my pocket Smiley
Takes a good trimmer 10 hours or so a pound they work 8 hour days.
Estimated total cost for trim work is 1100. I could buy a machine but the buds are not as pretty.
I am sure I am forgetting a ton of stuff, that just all the stuff off the top of my head with out my list on hand.

And thats about 12000 In expenses alone. Some stuff I can cheap out other stuff you really can not.

Quote
Can you do a breakdown on what you need the money for, the material costs etc. medical bills are not project related sorry man.
I pay my own medical bills, but thats why I sold my last set up to pay for a round of treatment.


Edit forgot to add bulbs to recurring expenses, I change bulbs ever 2 cycles so
8/2= 400 per cycle towards bulbs.

I also am going to use HERB IQ grow software from now on, I will do reports and put them up here for investors, pretty cool to see a grow op in a statistical. form.

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June 25, 2014, 10:37:19 PM
Last edit: June 25, 2014, 10:47:48 PM by BitcoinBudz
 #19

Trust fixed


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June 26, 2014, 12:34:15 PM
 #20

Spent most of last night into this morning sterilizing the Veg/Mothering room, Will get some pictures up of the progress so far.

58 Shares sold so far! Thanks for your support guys.

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