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Celebrate the life of Sturges Joseph Karban from Naples, Florida. Read his obituary, share your memories and condolences, get key updates, and see any funeral details on Sturges Joseph Karban's personal online memorial on Ever Loved.
Sturges Joseph Karban, 45, of Boston, Los Angeles, and Naples, sadly passed away on Tuesday, April 9, 2024. He is survived by his mother, Jonnie Sturges; father, Dr. Edward Karban, and his spouse, Paige Karban; younger sister, Stephanie Smith, and her spouse, Benjamin Smith, as well as his two nephews, Theodore and Jonathan Smith.
- Raising Millions
- Expansion Mode
- Sales Decline
- Strategic Review
Money was also flowing in via various fundraises. In September 2020, ManifestSevenclosed on an aggregate of $10.2 million in gross proceeds raised via three private placements of equity and convertible debt in 2020. At the time CEO Sturges Karban said, “Today’s announcement is a resounding affirmation of M7’s business model and corporate resilience...
In November 2020, M7 received another $2.31 million ($3.0 million CAD) from a noteholder in fulfillment of a subscription to the company’s 17.5% Subordinated Secured Convertible Notes. By February 2021, M7 announced the opening of its fully-licensed, multi-purpose facility in Brisbane, California, located directly south of San Francisco. The Brisba...
As the company moved into April 2021, M7 reported its fiscal first-quarter 2021 earnings. M7 said it generated consolidated revenue of $3.8 million during the first fiscal quarter, which fell from $4.1 million for the same prior-year period. M7 said “This decrease was primarily due to a decline in revenue generated from ancillary product sales due ...
By July 2021, the party was essentially over not even a year after going public. M7 reported its fiscal second-quarter earnings with revenue of $3.8 million, essentially flat but more importantly, M7 said it had initiated a strategic review. That’s Wall Street talk for things are not going well and we’ve got to figure a way out of this mess. Maximi...
Sturges Karban, founder and CEO of Thorin Resources, the new owner of the Revenue-Virginius Mine, sits for a portrait at the mine’s Ouray warehouse in September. Thorin purchased the Revenue-Virginius at auction for $1.8 million, six years after bringing the nearby Camp Bird gold mine out of bankruptcy. Karban said his intention is to put ...
Oct 16, 2023 · Thorin Resources CEO Sturges Karban told Ouray County commissioners at a Sept. 12 meeting that his company is entirely devoted to the Camp Bird Mine, acquired several years ago and located nearby, and now the Revenue-Virginius Mine.
Sturges Karban is currently the Chief Executive Officer of ManifestSeven, previously working as the Chief Investment Officer. Prior to that, Sturges held various roles such as Executive Vice President of Finance at Caldera Holdings, Co-Founder of Meridian Advisors, Chief Operating Officer at Cutting Edge Music Services, and Co-Founder of KarEd.
Jun 23, 2021 · Sturges Karban, CEO of ManifestSeven, on building the Amazon of the cannabis space. Focusing on California and dealing with its dichotomous nature. Expanding legalization and how it affects the...
