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Okay, did I miss the memo of where everybody was going?
I took losses on a few penny stocks last year, including 385K shares of FASC in ETRADE. Got my $3000 tax loss credit plus enough for a couple more years. Still have a chunk in Fidelity.
jbotts, I'll just answer that with how Adam replied to my email:
"I wish I had better news for you but now that Covid has hit it has stalled all our progress on our big projects.. another huge blow, yet again. We are still in business and working diligently to keep moving forward but at this point I really don’t see a clear path to getting relisted as it will literally take hundreds of thousands of dollars to even make an attempt. Which means the only way we could even consider it is if we closed on a multi machine order, which still has never happened. I know we have extremely loyal shareholders who care deeply about our success and Brian and I are truly grateful for that but it just doesn’t seem realistic to give false hope to everyone."
Because he never did even when it was a fully listed and tradeable stock.
I said goodbye to him a few months ago.
Check out Sam's post 53959 where he posted some information about getting rid of FASC during tax time.
Yes, but what will the price be by then?
Maybe that's why I couldn't buy any more thru Fidelity. The message basically said, buying this stock is very risky so we're not going to let you.
ETRADE sent me a link which listed all my penny stock losers which are no longer trading and have no MM. All I had to do was click each box ($5 per) and then SUBMIT.
My bulk of FASC is in Fidelity so that's next. Hope it's as easy.
Adam was sad to get my email explaining my decision, but he appreciated my, and yours, long loyalty to the company.
Cheers, Charlie
Thanks Sam.
Hello all, I think it's time I pulled the plug on this company and start getting rid of shares on E*TRADE. I'll email Brian and Adam one more time to see what's happening, but I expect the same answers as last time, and the time before that...
Hope everyone has been able to avoid getting the plague.
Cheers, Charlie
I check in periodically and Adam always responds in the affirmative. Big projects just take a long time to get started (his words).
And of course I added to my position yesterday @.63
Had I know Canopy was going to drag everything down...
Nice video about the outdoor harvest going on now:
Let me finish that thought...UCK!
I bought 5 cannabis stocks a year and a half ago. I'm down 73% (54% in Supreme)
I remember guido151, he is on my shareholder list and we emailed occasionally about his trips over to Italy. I just reviewed those emails going back to 2010 and was surprised to see that the last was in 2014. Can't believe 5 years has passed since then.
So sorry to hear that your friend has passed, he came across as a real nice person, and a wonderful grandfather.
As he used to say in signing off, "Saluti"
RIP Mario.
Charlie
Hi Jon, really? It lasted all these years! Wow!
It was Darwin Roth.
"Under the Plan, up to 100,000 shares per week (up to 5.2 million total over the 12-month term of the Plan), can be sold, representing less than 2% of the Company's currently issued and outstanding shares. Sales will only be executed if the amount to be sold represents less than 30% of the previous day trading volume."
I think this ameliorates the concern somewhat.
Even with good news this stock can't hold any of its gains. So frigging frustrating as it dips towards a one year low.
Yet everything you read says it should be up, up, and away!
And very importantly, no share reduction (reverse split) even though it was approved.
$8 million revenue in Q2!
https://finance.yahoo.com/news/weedmd-reports-preliminary-q2-net-111000958.html
Heard back from Adam re FY2019. Sold 1 machine and have no idea why the Quebec project is not happening yet.
"Barely holding on"
Cheers, Charlie
https://www.forbes.com/sites/javierhasse/2019/07/08/nyse-thcx-cannabis-etf/#4ccf9bee689c
FIRE is one of the listed stocks.
What is this Russell reference about?
In reading thru that link I saw convertible debentures in 2022 are a whopping $101M! Can someone explain that since up till then each year was below $10M?
And he has a lot to sell it seems, per this from last September:
https://www.globenewswire.com/news-release/2018/09/25/1576021/0/en/Kenneth-Clement-Reports-Change-in-Equity-Interest-in-VIVO-Cannabis-Inc-formerly-ABcann-Global-Corporation.html
Maybe buying in before Monday's release of financials?
Well TKL and I finally met last week and had a great time together (photo to follow - can't post it from the road). So FASC was good for something.
Don't have it here at work, but the name was correct and I don't recall any names listed.
[Lucky, thanks for the info in your PM]
Received it in today's snail mail. Meeting is April 5th in Las Vegas to elect a board of directors.
Hi and sorry if this has been answered already, but I got shareholder meeting notice but don't recognize the company name.
What was it called in previous incarnations? None of my old (read dead) ETRADE securities are called this.
Thanks, Charlie
Is that the US ticker? WDDMF v WMD (Canadian)?
It seems like this two day sector selloff is reminiscent of what happened in February last year, which continued for most of the year. Hope I'm wrong.
Upgraded to the OTCQX exchange!
https://finance.yahoo.com/news/otc-markets-group-welcomes-thc-120000968.html
Last year I inquired about the possibility of processing hemp. At the time Adam said they we looking into it, but last week he told me they had sold a machine in Canada for just that purpose! It's use is two-fold - to process the seeds first, then the stalks. To what end he did not know.
Any sale is encouraging (no, shocking!) but this one especially so because in December President Trump signed the farm bill which legalizes hemp in the US.
Now get that damn major project financed &signed and 2019 might actually be the turning point.
Cheers, Charlie
This is nothing special, but I found it interesting how in-depth this website went for promoting the KDS.
http://www.intprocon.com/kds.html
I don't understand the connection you're trying to make.
I understand that Wanderport has a minority stake in EBI, but how did that come about? Why would EBI be interested in little ol' WDRP? Is because of the hemp beer?
Thanks, Charlie
Sam, how does that saying go? Good things come to those who wait...and wait...and wait...