H3 Enterprises Stock [HTRE.PK] Under Ben Chavis

An intelligently critical report on the currently dim outlook for H3 Enterprises and the HipHopSodaShop reminded me that I meant to share the stock chart covering the period for which Ben Chavis helmed H3.

Rev. Ben took the reigns in June of 2007 and left in defeat in July of 2008, just a bit over a year.

I'd love to embed a stock chart but financial websites have dropped the ball and the sites that do provide embeddable charts exclude charts for penny stocks like HTRE.PK.

So here's a link to a 2 year stock chart for H3 Enterprises Inc. at Yahoo Finance.

As you can see, Ben Chavis' new role as CEO boosts the stock in June '07 after a considerable drop.  Much of that added value disappears by October '07 and is then revived by an appearance on the Fox Business Network in December '07 from which it mostly declined till they kicked him out.

You can get more detailed and compare the history of press releases to the chart and see what helped move the price and what didn't.  Note, too, the lack of any mainstream coverage of this stock.  It's all press releases.

Today the stock continues to fluctuate and, as I write, has dropped to less than .04 cents.

One shouldn't blame all this on Ben Chavis but, if one looks at what H3 Enterprises was doing pre-Ben and post-Ben, you have to wonder what he added other than temporary bouts of media appeal though, to be fair, somebody made a little money off all that stock price movement.

Related ProHipHop Coverage:
Looking Back: Dr. Ben and the HipHopSodaShop

Looking Back: Dr. Ben and the HipHopSodaShop

ProHipHop has been following the career of Ben Chavis at H3 Enterprises and the HipHopSodaShop from day one.  Enjoy!

Dr. Benjamin F. Chavis New H3 Enterprises CEO

Dr. Benjamin Chavis Completes Takeover of H3 Enterprises

Dr. Ben Leads H3 to the Land of Pop N Go

Dr. Ben Chavis/HipHopSodaShop Fulfill Dr. King's Dream

HipHopSodaShop in Co-Branding Deal w/Diddy's Sean John

H3 Enterprises Releases Sales Report w/Few Numbers

Ben Chavis Out at H3 Enterprises [HipHopSodaShop]

Ben Chavis Out at H3 Enterprises [HipHopSodaShop]

Today H3 Enterprises, best known for the HipHopSodaShop concept, announced the replacement of the management team including former President and CEO Ben Chavis.

Given that Dr. Ben was preceded by Jackie Robinson, that's two icons down!

Reason given for the change:

"to focus on building strong internal controls to help manage the Company's expansion efforts"

The announcement describes the new team as a:

"dynamic new management team, totally focused on implementing every element of the Company's award winning business model as expeditiously and profitably as possible."

In addition:

"H3 believes this new management team brings clarity and creates a unified sense of purpose for the Company. The vision of H3's award winning business model is now a step closer to realization with all the key players acting in unison toward a common purpose."

The new management team at H3 Enterprises:

Mr. Guy M. Jean-Pierre - Chief Legal Officer
Mr. Dennis Ruggeri- Chief Financial Officer
Mr. Jordan Edelson - Chief Technology Officer
Brian Peters [H3 Co-Founder and Director] - Interim President & CEO

H3 Enterprises' headquarters moves to Boca Raton, Florida:

"The Board believes it is beneficial to have the Company's headquarters in the same state as the Company's principal businesses, including the Hip Hop Soda Shop(s) located in Miami Gardens and Tampa Bay. South Florida is also home to most of H3's top officials."

Keyword analysis suggests lack of focus and unity under Ben Chavis:

Note the repeated presence of terms such as "focus", "focused", "expeditiously", "clarity", "unified sense of purpose", "acting in unison".

You mean, Dr. Ben's "personal laser-like focus" wasn't getting the job done?

But what about all those celebrity connects?  Wasn't that the right marketing approach?

And what about fulfilling Dr. King's dream?

A lot of hubris has just left the building!  Time to get back to work.

Before we give H3 Enterprises the big thumbs up for this move, let's see who they bring in to replace Ben Chavis since they now have a rather questionable history of celebrity hires.  But the focus on tightening financial aspects is quite sound if this company hopes to ever move beyond the status of a penny stock with a portfolio of deals and a local restaurant chain.

Hey, I hear Scott Storch may be available!

Related ProHipHop Coverage:
Looking Back: Dr. Ben and the HipHopSodaShop

Jordan Edelson New CTO at H3 Enterprises

H3 Enterprises has announced the appointment of Jordan Edelson as Chief Technology Officer and Digital Entertainment Director to "spearhead H3's video gaming and web property development".

DJ JiJi Sweet to Produce Hall of Fame Beverages Mixtapes

Hall of Fame Beverages announced that they are enlisting DJ JiJi Sweet to:

"produce a series of mixed music CDs of Hip Hop and R&B music featuring such artists as Eminem, Snoop Dogg, Ice Cube, Akon & Dr. Dre and others. The theme of our CDs will be 'The Hip Hop and R&B Hall of Fame of Music.'"

They are also sponsoring the mix show panel at the upcoming Urban Network Entertainment-Marketing Summit.

Hall of Fame Beverages was previously known as OG Nation and retains the OGNA stock symbol on the Pinksheets.

Official Sites:
Hall of Fame Beverages
DJ JiJi Sweet

H3 Enterprises Releases Sales Report w/Few Numbers

H3 Enterprises, the company that created the HipHopSodaShop, has announced its "first full monthly revenue report for 2008."

Basically they give a description of what's happening without real financial figures except for the claim attributed to CEO Benjamin Chavis:

"Despite the fact that we have yet to touch our marketing budget for Tampa since all 48,000 University of South Florida students were on winter break during our first month of operation, we still managed to take in over $125,000 with accelerating sales growth rates."

I spoke briefly with H3 Enterprises' Tanya Munro who's in charge of Investor Relations and she says they are generally sharing all the public information they're making available in these press releases though she's going to double-check with Dr. Chavis regarding this revenue report.

Though I see no reason to cast doubt on the revenue figure, I do feel this press release/report is a good example of why investing in OTC and BB stocks can be perilous due to the lack of full financial reports.

The USF winter break ran from around December 15th to January 6th so that would affect sales if a large part of their base is USF students though one might also expect a response from local folks in holiday mode checking out the new store including students from other schools that are in Tampa to be with their families.

Since this report covers January revenue figures, that means they lost a week at most, though students usually get back at least a couple of days before school starts.  It also raises the question of why they haven't spent money on marketing since that returning crowd would be ripe for new adventures at the start of the school year and should have been receptive to a focused, campus-based marketing campaign if they are, in fact, going to be receptive.

More complete financial information would help clear up this confusion and make this press release/report appear to be more than a marketing tool for the stock itself.

Update:
Ms. Munro got back to me with the official word that, for the moment, all publicly available financial information is included in the press releases.  However they do intend to be more forthcoming in the near future and I think that's a really good thing for both H3 Enterprises and for investors.

One of my biggest concerns regarding so-called penny stocks is not that the companies are necessarily being shady by not disclosing information because they're not legally required to disclose as much as companies that operate via more stringent exchanges.  But lack of disclosure means that companies on BB and OTC exchanges can be more easily gamed by criminal elements with absolutely no connection to those in the company.

So exceeding their disclosure requirements will ultimately strengthen a company like H3 Enterprises even though that means folks like me will have even more to work with in our critiques.  While one of the strengths of being private is the ability to manage one's public image more thoroughly, long term that's just not a viable strategy for any public company that wants to build a solid, lasting enterprise.  So if H3 can follow through, they'll be taking an important but not always pleasant step towards realizing their grand vision.

HipHopSodaShop in Co-Branding Deal w/Diddy's Sean John

In a move that will attract a lot of attention, the HipHopSoda has announced a co-branding deal with Sean John, Diddy's fashion company.

I would love to know the terms of that deal cause, when you look at something like Diddy's Ciroc deal, you know that's got to cost HipHopSodaShop a big chunk of change in one form or another.

Dr. Ben Chavis/HipHopSodaShop Fulfill Dr. King's Dream

Dr. Benjamin Chavis, CEO and President of H3 Enterprises, Will Appear Live on Fox Business Network's "Money for Breakfast" On Monday, Jan. 21st, the Morning of Dr. Martin Luther King's National Holiday:

"Chavis stated today, 'Our HipHopSodaShop franchise is a fulfillment of Dr. King's dream of economic empowerment, equality, and having the opportunity and responsibility to overcome poverty. Sustainable economic development is the key in the 21st Century to realizing Dr. King's dream. We must learn from the past and be courageous enough to change the present to insure the future for generations of young people who are crying out for a better quality of life. H3Enterprises, Inc is a publicly traded company that has an effective business plan with a serious social conscience."

16) Luther Campbell Talks Luke Entertainment Group

Status Ain't Hood has a great interview with Luther Campbell, aka Uncle Luke, about his history in the industry and how he views going public with the Luke Entertainment Group on the Pink Sheets as part of a process of building a major Southern label.

I want to focus on the topic of going public but the interview is worth checking for some hip hop history as well as Luke's take on emphasizing visual elements in marketing.

Luke wanted to go public but the long road to a Nasdaq IPO was not for him:

"I started doing a little bit of research on companies like Nestle and Volkswagen...Knowing that the traditional way is a long process, having more conversations with different people who are familiar with the stock business, I wanted to know if there's an easy pink-sheet way to go about it and build from there and hopefully end up on the senior boards."

Yet he still looks at the process as one of long-term building:

"Knowing that we're trading on the pink sheets right now, as we're growing this thing, it's beautiful. People tell me horror stories about pink sheets, and I say there are some horror stories because certain individuals went into pink sheet companies to use the system, to be unscrupulous. That's not me."

"I look at all these successful pink-sheet companies, and I say that's me right there. Grow from there to the next point. I'm excited about it. I'm happy. It's like starting all over again. I got to prove to everybody all over again that I'm creative enough in the things that I feel the public wants. We're going to fight to make the company successful."

I think he's got a great attitude and all power to him.  While it's true that one of the downside of penny stocks is the lack of transparency allowing crooked operators to build on smoke-and-mirrors, any penny stock is vulnerable to market manipulation in the form of pump and dump schemes  Asking Luke what they're planning to do when something like that breaks out would be a good thing.

What seems clear is that the entry of celebs like Luther Campbell is changing the hip hop penny stock scene:

"I always like to teach people and educate people. So even right now, by me going public and it getting the press that it's getting, it's brought more awareness of the stock market, that whole game, to the hip-hop audience. I get email, kids and adults saying "I'ma buy stock! Where do I buy it?" Or "This is historic, this is great, this is history." And you know they're not familiar with the business."

"We have a firm handpicked to deal with a whole different audience. You got to school them on how to purchase stock and where to purchase it from...If I have to stop or close up today, I feel like it's already did what it needed to do because I brought a whole different set of people, educated those different sets of people to the stock market."

From my own experiences of trading on the stock market, I know just how easy it is to convince yourself you know enough about the company and the state of the market to make smart choices when you're really making emotional choices.

If Luther Campbell's serious about building a great public company, one of the first signs will be transparency in their financial reports that exceed the standards of whatever level of disclosure is necessary to be on the Pink Sheets because the lack of publiclly available audited data is one of the biggest dangers with such stocks.

Previous ProHipHop Coverage:
Luther Campbell's Luke Entertainment Group Goes Public on Pink Sheets, Not Nasdaq

Over at Hip Hop Press:
Luke Entertainment Group Launches UncleLuke.tv
Luther Campbell Makes Appearances on Fox Business Network

14) Penny Stock Report: RMD Entertainment Group

RMD Entertaiment Group is a penny stock listed on the Pink Sheets as RMDM and referred to as RMDM.PK when discussed elsewhere.  Currently it trades at less than a penny a share.

They've released a shareholder update in which they describe themselves as a "Music and Entertainment Company focused on the development and marketing of "Urban Media Content" worldwide" and give an overview of their activities which include:

Raising their classification on the Pink Sheets which doesn't look too good at the moment;

Releasing comedy ringtones beginning with Tony's Street Tones;

Leverage their "vast world-wide distribution center" to "attract significant music and video titles for download and ringtone sales" and increase their "current catalogue by 25 to 50 times";

Marketing their Roc Monee ringtones.

Once you peel away the typical self-promotion of any press release and take into account the additional fact that such press releases for penny stocks are as much about marketing the stock as the company, then RMD Entertainment Group isn't looking so hot.

They're in trouble on the Pink Sheets, which is on the easier end of the listing continuum, they don't have celeb talent and their "vast world-wide distribution center" is available to everyone since they're going digital-only and it's called the Internet.

Unless they've used their work with Roc Monee to establish streamlined access to a wide range of digital distributors, they don't sound like they've got much to their distinct advantage and may now be weighed down by their public status since that focuses so much energy on a stock price that seems to be in a total state of collapse [click on Charts tab].

For RMDM's sake, I hope Tony's Street Tones are pretty darned funny.

11) ProHipHop Adds Hip Hop Penny Stocks Category

Though I try to stop myself from adding new categories at ProHipHop, really, I do, I've decided to add a Hip Hop Penny Stocks category because the over-the-counter, bulletin board, Pink Sheets stocks are getting ready to heat up as the celebrity factor enters the equation.

I've been covering such companies for a while, primarily in the Financial category and the Clubs/Restaurants category, but I think it's worth having them available in a separate section.  I'll be moving old posts over or creating link lists to such posts soon and will be continually adding new ones about such companies and related businesses as the Luke Entertainment Group and the Hip Hop Soda Shop.

If you're really interested in this kind of thing you can keep a closer eye on developments as they're announced by following Hip Hop Press.

Luther Campbell's Luke Entertainment Group Goes Public on Pink Sheets, Not Nasdaq

I recently received a press release stating that:
Luther Campbell today announced the creation of the Luke Entertainment Group (www.lukeentertainmentgroup.com), a multi-media company that will be operated on the NASDAQ pink sheets symbol (LKEN).

I declined to run it at Hip Hop Press because of the obvious inaccuracy.  The NASDAQ exchange has nothing to with Pink Sheets or other Over The Counter means of trading so-called "penny stocks" that do not trade on the major exchanges.

Since I hadn't heard back from my follow-up note, I decided to see who picked this up as is and the first result was XXLmag.com, one of many reputable publications to make this easily made mistake, one that is also indicative of how inaccuracies in press releases from major pr agencies become news items in legitimate outlets.

The accurate symbol for Luke Entertainment, Inc. is LKEN.PK and it trades on the Pink Sheets.

Unfortunately there are many legitimate reasons to avoid these stocks due to the nature of the markets in which they trade in addition to the issue of properly analyzing companies that reveal little internal data.

No advice here except to educate yourself if you're involved with any stock market.  And, if you do go public, make sure that your press releases are accurate about all statements related to your company's status.  You don't want to take a backdoor route to an SEC violation!

Official Site:
Luke Entertainment Group

Hip Hop Grub Spot Opens w/Rick Ross Turkey Give Away

Rick Ross Turkey Give Away at Hip Hop Grub Spot

YouTube is acting up at the moment so I'm posting this video without seeing the whole thing, not something I'd normally do, but I have the feeling after the pics of Rick Ross greeting people that eventually he gives some turkeys away.  Hopefully the beat changes by then.

This is one of a whole series of promotional videos from the Hip Hop Grub Spot about which I've previously posted.

They all are rather rough edged but do a nice job of providing an alternative to endless press releases about minor steps along the way.  However there's plenty of time for the traditional penny stock pr approach if they do go public in such a manner.  Wikipedia's entry on penny stocks, whose details may or may not be accurate, gives one a sense of the downside of such stocks.

Press releases for such companies often become a way to attempt to turn minor announcements into positive investor response.  The Hip Hop Soda Shop's press releases [for H3Enterprises/HTRE] managed to mostly avoid that fate until Ben Chavis showed up and a brief period that included some fairly ephemeral news ensued most likely to spur investor interest.  However they've general stuck to real announcements.

As Hip Hop Grub Spot moves forward it will be interesting to see how their marketing approach changes as they attempt to go public.

Note:
I had to close comments on my previous post due to folks attempting to boost one company over another in the traditional manner of attempting to influence investor opinion..  I'll probably have to do that with this post and, knowing that, I'm reminded of the fact that I would never take a company public in this manner because the penny stock sector is way too vulnerable to scams that can make the company look responsible for outside attempts to game the stock.

Hip Hop Grub Spot Challenges Hip Hop Soda Shop

Hip Hop Grub Spot Promo Video

Looks like the Hip Hop Grub Spot in Miami is going to benefit from the extended buildup to the opening of the HipHopSodaShop in St. Petersburg since both seem to be opening around the same unspecified time and have some striking similarities.

Despite the rough camera work in the above video, this can't be happy news for the folks from HipHopSodaShop's H3 Enterprises who have been building a rather complicated sounding company including H3TV, an acquisition creating flat screen HDTVs for gamers, as well as "H3Raps, H3WhiteTeaBeverages, H3Players.com, H3Merchandising, and H3Players' WorldSeries of CyberSports."  What they haven't done is open a HipHopSodaShop.

Check out the Hip Hop Grub Spot's self-description from their press release:

Hip Hop Grub Spot, is a Hip Hop themed, healthy fast-food global franchise which incorporates, student executive/entrepreneur training, in-store video gaming provided by Microsoft XBOX, with support by Hip Hop artists and professional athletes. It will also retail magazines, DVDs, mix-tapes, and apparel; while serving fast, fresh, healthy sandwiches, wraps, smoothies, and energy drinks.

And compare with H3 Enterprises' description of the HipHopSodaShop concept on their official site:

The HipHopSodaShop franchise is the backbone of all H3 related businesses and encapsulates not only the numerous revenue streams that the Company has developed but also embodies the “community conscious” approach that H3 applies to all of its endeavors. The HipHopSodaShop is a unique restaurant concept that celebrates the skyrocketing demand for everything Hip Hop, complete with a healthy quick service menu, merchandising, memorabilia, giant LCD screens, and a large area dedicated to competitive Video Gaming...H3 has...signed agreements with several top athletes and Hip Hop stars for Area Development Agreements to further accelerate the SodaShops’ market penetration and prominence in the community.

Food, video games, merchandise, social responsibility and big name involvement all tied together with a hip hop theme.  There are a variety of differences between these companies but I'd hate to be the one pitching those during a 30-second local tv interview.

Cynically Tempting ProHipHop Brainstorm:
I know a great spot down the block to launch my latest project, The Hip Hop Chicken Shack.  Opening day proceeds will benefit the Jena 6.

ProHipHop will co-sponsor the 1st Annual Hip Hop Chicken Shack "Shoot the Klansman With TIP's Automatic Weaponry" video game tournament in multiple locations  throughout the Deep South.

Colonel Saunders, your time is over, baby.  We're burning the plantation down and grilling Hip Hop Chicken over the open flames!

Update:
The domain HipHopChickenShack.com is now available for purchase!

Dr. Ben Leads H3 to the Land of Pop N Go

I'm somehow surprised to find that Dr. Ben's journey across the nation on behalf of H3 Enterprises as both President and CEO, led him to Pop N Go, but that's where his focus on building H3 into a socially productive and highly profitable enterprise took him.

Part of the deal involves making "Pop N Go the exclusive fresh popcorn supplier for the HipHopSodaShops and all H3-related activities".  Possibly a good business move, I have no idea, but only prelude to the interesting part of the deal that leverages Dr. Ben's social cred:

Pop N Go has agreed to donate their high tech popcorn machines to a program designed to provide inner city youth with a new opportunity for employment. These machines will be available for any person to be able to set up Pop N Go's cutting-edge popcorn machines in any location they can find an outlet to sell.

Each individual will be given the opportunity to set up a partnership with local vendors. This partnership would allow for a young person to split the earnings of each machine with the vendors as well as the parent company. This new plan will allow HTRE to bring in immediate revenues by becoming a "placement" company as well as providing much needed jobs to some of the youth involved.

Local hospitals, schools, and a wide range of retail and industrial locations will be targeted as financial partners for HTRE, Pop N Go, and their new entrepreneurial work force. These "routes" can be operated as individual businesses by youth in their communities thereby generating cash flow and entrepreneurial skills and creating a national HTRE/Pop N Go work force across America.

Pop N Go and HTRE will work together to empower disadvantaged youths through a training program to service Pop N Go machines. Typically, the venue does not pay for the machine, but receives a percent of the income in exchange for providing a small space for the Pop N Go machines (4 sq ft).

Though the release states that "this new plan will allow HTRE to bring in immediate revenues by becoming a 'placement' company", it's not at all clear how offering such services will immediately generate revenue unless Pop N Go is paying them to do so.

But if they're really "creating a national HTRE/Pop N Go work force across America" composed of entrepreneurial youth from disadvantaged backgrounds, they have a huge task of selection, training and long term mentoring/monitoring ahead of them.  The implications of achieving such a national network are many and profound, from identifying entrepreneurial talent to creating relationships with their "financial partners", i.e. "local hospitals, schools, and a wide range of retail and industrial locations."

Very interesting.  I think these are the vending machines to which they refer.

ProHipHop suggests adding a small portable version that can be mounted on the back of one's scraper bike to bring a mobile edge to this entrepreneurial network.

Related ProHipHop Coverage:
Dr. Benjamin Chavis Completes Takeover of H3 Enterprises

Dr. Benjamin F. Chavis New H3 Enterprises CEO

In what seems like a rather startling move, Dr. Benjamin F. Chavis, President of the Hip-Hop Summit Action Network, has been recruited for the CEO position at H3 Enterprises, Inc., creators of the HipHopSodaShop.

Here's a press release quote from Dr. Ben to tie it all together:
The HipHopSodaShops can quickly become one of the single greatest forces for job creation, inner city revitalization, and equal access to quality education. It also will provide investment opportunities for every generation, and a productive combination of entrepreneurship, cyber entertainment, and youth leadership development the world over.

Hip Hop Company Goldmark Industries Sees Trading Frozen in Operation Spamalot

On Thursday the Securities and Exchange Commission halted trading in 35 Pink Sheet or "penny" stocks as part of Operation Spamalot mentioning Goldmark Industries, among others:
On Dec. 19, 2006, trading in Goldmark Industries, Inc. (GDKI), closed at $.17 on trading volume of 126,286 shares. On Dec. 20, 2006, the spam campaign started, with e-mail proclaiming "GDKI IS MAKING EVERYONE BANK!," and setting a 5-day price target of $2. By Dec. 28, 2006, spam emails boasted of the price spike that had already been achieved -- "$.28 (Up 152% in 2 days!!!)" -- and promised a 5-day price target of $1. That same day, GDKI closed at $.35 on a volume of more than 5 million shares. By January 9, 2007, the closing share price was back down to $.15.

Goldmark Industries, a hip hop entertainment company, released an intial response in a press release.

The company has previously claimed its innocence of sp@m email charges, an issue that briefly touched ProHipHop's Hip Hop Press.

R&R Partners To Provide PR Services to H3Enterprises

H3Enterprises brings R&R Partners on board to "handle various public relations projects".  R&R Partners is the Las Vegas based public relations firm that developed the "What happens here, stays here" campaign.

In related news, late last month, H3Enterprises announced that Jackie Robinson had been named new CEO.

Official Site:
R&R Partners

Goldmark Makes Public Statement About Sp@m

Recently I announced that stock sp@m touting Goldmark Industries had been wrongly associated with ProHipHop.

Now Goldmark has announced that they are not responsible for the sp@m and that they are seeking to find the perpetrators, furthermore, "the Company has never at any time authorized or would authorize the use of unsolicited e-mails to publicize the Company's stock or events."

HipHopSodaShop Comes to Harlem

H3Enterprises has signed an "Agreement to lease with an option to purchase" a building on Harlem's 125th St. less than a block from the Apollo Theater where they will open a HipHopSodaShop and house their corporate offices.

Additional Hip Hop Soda Shops are planned for Las Vegas and New York's Times Square.  These three locations are currently expected to be the only HipHopSodaShops owned by the company.  Other shops will be franchised by Area Developers such as Juvenile, whose New Orleans' plans were diverted by Katrina into the charitable RE-JUVE-NATION "Home-Aid" HipHop tour.

H3Enterprises is also developing a WorldSeries of CyberSports to debut in Las Vegas in 2007.

Official sites:
HipHopSodaShop
H3Enterprises Inc.

Going Public: Warner Music Group, Halls of Hip Hop, Inc.

The Sunday NY Times had an extended piece on Edgar Bronfman Jr. and Warner Music Group as they prepare to go public.  Actually it's more about Bronfman, though a few harsh quotes near the beginning misled me into thinking it was going to really dig into his involvement with the weakening of the company.  Honestly, after they pay off their debts, there won't be that much left.  But Bronfman and pals will be sitting pretty having already recouped most, if not all, of their initial investments.

At the opposite end of the going public spectrum, Halls of Hip Hop, Inc. is entering the over-the-counter arena through either a merger with or an acquisition of FransAction, Inc. to become H3Enterprises, Inc.  FransAction was trading as FCTN but Yahoo! Finance has the FCTN symbol outdated and lists them as FCTN.PK.  To be perfectly frank, the OTC scene is mostly unknown to me but I look forward to finding out more.

As previously posted, H3 is expanding into Canada via its HipHopSodaShops franchise.