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I'll paste it here. It came from "market awareness"
Livewire CEO Outlines 2024 Growth Plan
A Strategic Comeback Plan for a “Phoenix” Cannabis Stock
We are on the Offensive – Always
LiveWire Ergogenics Inc. (OTC: LVVV),?a company focused on acquiring, leasing, licensing, and managing special-purpose real estate properties conducive to producing high-quality, handcrafted, and sun-grown specialty cannabis products for medical and recreational adult-use in California today announces update and growth plan for 2024.
The cannabis industry has experienced its fair share of ups and downs over the last few years. Overhyped expectations of growth and revenues, unusually large investment or debt burdens, inexperience resulting in mismanagement, and extreme market volatility have made it difficult for many public cannabis companies to develop a solid financial performance, a predictable share price, and generate a satisfactory ROI for their investors. Accordingly, many small and large publicly traded cannabis companies alike have lost an average of 70% in stock value over the last two years. LiveWire has prepared a strategic comeback plan for a “Phoenix” cannabis stock.
Bill Hodson, CEO of Livewire, states, “LiveWire also went through an often-painful growth process over the last few years, no doubt accelerated by the significant loss in share value by many of the industry’s major operators; we found ourselves possibly guilty by association. We understand that the current trading climate does not encourage investors to invest in any company in the industry, maybe with a few rare exceptions. However, as the history of many newly developing industry sectors has shown, “I chaos lies opportunity.”
“In contrast to many of these companies, we have always focused on our vision to develop and execute a well-crafted and unique business model anchored in cost-conscious operation and driven by our passion for the plant and management’s experience in a complex and turbulent industry. We believe we have positioned LiveWire for long-term success and profitability.”
“Many experts agree that despite the pressure cooker of the last few years, significant losses, and still-existing obstacles, the future of the US cannabis market appears bright, with increasing innovation and significant growth expected. However, for businesses to succeed, successfully navigating the still-complex legal and regulatory landscape, running a cost-conscious operation, and quickly adapting to dynamic market changes are crucial. We recognized these requirements early on and built and optimized a unique, high-quality specialty products cultivation facility in Paso Robles, California. We consistently adapted our business model to the prevailing market conditions and created ample room for improvements and expansion.”
Hodson continues, “Together with Estrella River Farms (ERF), our steadfast focus remains on operating with the lowest possible operating expenses, carbon footprint, and debt level, allowing us to continue to produce without sacrificing quality and integrate flawlessly into the environment with the surrounding vineyards. We diligently manage operational costs and expand and adapt our business model with cost-effective and unique product development. By accelerating sales through licensing, marketing, and management, we can effectively navigate the ongoing product price volatility in the California market. After overcoming significant hurdles during the last year, somewhat hampered by a low share price, our expanded group of subsidiaries, affiliates, consultants, and distributors are now well-positioned to move forward with the confidence to withstand still-existing market fluctuations and increase revenue and profitability.”
“The vision of developing a unique business model, the world’s first “Estate Grown Weedery,” is more than ever at the core of our mission. We are expediting our streamlining efforts and continuing to center all operations at the Ranch for optimal performance. We are now narrowly focused on expediting the growth of those Livewire entities that operate most economically and have shown the most promise over the past year. We will focus on our vision of applying our resources to core strategies that strengthen our competitive position in the market.”
“The entire management team at Estrella River Farms (“ERF”) is passionately devoted to cultivating the best possible sun-grown California cannabis to become the California market leader. The Estrella team is currently generating a mix of wholesale and unique “Estrella-branded innovative retail products for the 2024 market. This will improve revenue and net profit, with the expectation that our performance will also be reflected fairly in our share price,” Concludes Hodson.”
Accomplishments in 2023/2024
Produced eight consecutive profitable quarters during 2023.
Generated a net profit for the fiscal year 2023
Is well-positioned to increase our revenue for 2024 substantially
Comprehensively assessed the company's current financial position, including assets, liabilities, and cash flow.
Identified operational weaknesses and strengths, including existing infrastructure, production and distribution capabilities, and the value of the intellectual property.
Assessed market trends, consumer demand, and competition to identify new market opportunities, desirable product mix, growth opportunities, and potential areas of improvement.
ERF has improved sourcing of high-quality and best-selling strains
ERF has hired additional experienced cultivation experts, expanding the cultivation team
The first delivery of high-quality plants for the 2024 harvest is planted
The Company has concluded the development and build-out phase of Estrella Ranch in Paso Robles and will now focus on further streamlining operations and distribution for maximum results.
Plans for 2024
ERF will deliver the first harvest in June
ERF will prepare the second cultivation run for harvesting in November
ERF will deliver “Estrella Weedery” branded specialty products into the retail market
Optimize cost structures by streamlining operations and further reducing expenses
Increase investment in research and development to innovate and stay ahead of the competition.
Continue to reduce debt and improve liquidity.
Explore options for raising additional capital, such as strategic partnerships or equity financing, while limiting dilution to a minimum.
Focus on high-margin products or services.
Joined the Airbnb community to develop the Ranch into the top destination for California’s fast-growing cannabis tourism.
Consider a share consolidation program to access a new investment universe.
Continue to improve our fiscal management practices to enhance transparency and accountability.
Foster frequent and transparent communication with shareholders, investors, and the public.
Regularly communicate milestones, achievements, and growth plans.
In closing, Mr. Hodson states, “The past five years' experience has strongly shaped us, as it has the entire industry. In our start-up years, we relied on standard startup business practices, such as engaging expert building contractors, growers, and distribution partners to manage and market our products. We operated in a new industry that presented us with unexpected obstacles and expenses, including unreasonable and ever-changing rules and regulations and, as the major obstacle, being subject to very repressive accounting and tax treatment. Based on this experience, in 2023, we began an in-depth assessment process for our entire operation, from “seed to sale.” As a result, we have expanded our team and revised operational structures to maximize the results from the cultivation at our exceptional Estrella Ranch facility.”
“With the beginning of the planting for Estrella’s new 2024 harvest, Estrella River Farms has now reached full autonomy and control over its destiny. Every aspect of the operation is under our complete supervision and control, from planting to harvesting and selling. By reducing the dependency on affiliated companies and distribution partners, we now have total control over the entire process and, most importantly, will be able to improve our financial performance. To accelerate revenue generation and profitability, we have begun crafting a unique “Estrella” branded products strategy for ERF as retail sales in addition to bulk wholesale flower sales. This allows the farm to command higher profit margins than bulk sales.”
“By strictly following this comprehensive comeback plan, driven by our low-cost operation model, we expect our "Phoenix" cannabis stock to rise from its current level and emerge as a successful and resilient player in the cannabis industry. With an elevated level of flexibility and focus on innovation, strategic initiatives, differentiated offerings, and a continuing commitment to excellence, we can unlock our true potential and deliver significant value to our shareholders. We expect this to be reflected in an increasing share price. For people unfamiliar with our company, now is an excellent time to get involved.”
Bill Hodson
CEO, Livewire Ergogenics
The LiveWire Estrella Weedery
Estrella Ranch is a historic ranch property in Paso Robles, the center of California wine country. Together with its subsidiary Estrella Ranch Partners, Livewire has transformed this stunning property into the world's first "Estate Grown Weedery ™," with three acres for cultivating high-end, organic, sun-grown cannabis products and ample room for expansion. Estrella Ranch is the central hub for all Livewire operations in California. The Estrella “Estate Grown Weedery” cultivation process focuses on the cost-effective production of the best quality sun-grown cannabis in California while generating the smallest possible carbon footprint using as few of California's energy resources as possible. Visit https://estrellariverfarms.com,
About LiveWire Ergogenics Inc.
Livewire focuses on acquiring, managing, and licensing well-qualified cannabis real estate locations of fully compliant facilities to produce exceptional cannabis-based products for statewide distribution in California. This includes developing and licensing organic-style grown cannabinoid-based specialty products and services to create the high-quality "Estrella Weedery™" brand. These products are cultivated by Livewire’s subsidiary/affiliate companies, Estrella Ranch Partners, and Estrella River Farms, and distributed by major California cannabis distributors and retailers. LiveWire Ergogenics does not produce, sell, or distribute products that violate the United States Controlled Substances Act.
For more information about LiveWire Ergogenics, visit www.livewireergogenics.com or at X at @livewireLVVV. Follow LiveWire Ergogenics on Twitter @livewireLVVV or go to
www.stockwatchindex.com/livewire-ergogenics for non-material updates.
Forward-Looking Statements.?
This release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements, predictions, and projections are inherently uncertain as they are based on current expectations and assumptions concerning the successful execution of planned events or the Company's general future performance. Readers are cautioned not to rely on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release, the Company's Social Media postings, and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
LIVEWIRE ERGOGENICS, INC
1600 North Kraemer Blvd.
Anaheim, CA 92806
714-740-5144
www.livewireergogenics.com
info@livewireergogenics.com
MARKET AWARENESS
Stockwatchindex, LLC
442-287-8059
www.stockwatchindex.com
info@stockwatchindex.com
LIVEWIRE INVESTOR RELATIONS
Tristan Cavato
(805) 835-2415
ir@livewireergogenics.com
info@livewireergogenics.com
Things from this mornings email from LVVV
FIrst, they had positive earnings all 8 quarters last year. I mentioned that one already, as a joke, but still, it IS impressive that they are making positive returns every quarter for two years now.
Next, although they are making money every quarter, they are still looking to do another round of equity financing. "Explore options for raising additional capital, such as strategic partnerships or equity financing" that concerns me some, as they are making earnings so why the need for more financing?
Revenues should be good in 2024. two harvests plus the 2023 harvest was late in the year and some of that revenue did not come in for 2023, so call it "2.5 harvests" in 2024. SHould be good for revenue growth. "ERF will deliver the first harvest in June
ERF will prepare the second cultivation run for harvesting in November"
They are looking at a reverse split. "Consider a share consolidation program to access a new investment universe." the new and fancy term is share consolidation, but it is a reverse. I never like those, regardless of the reason. It would lower the outstanding though. I bet he would do a larger one, to reduce outstanding by a lot. LIke maybe 1 for 5, instead of 1 for 2.
"Foster frequent and transparent communication with shareholders, investors, and the public" Ehhh. ALways said, never done by most companies.
I did NOT see that they were going to pay their real estate taxes that are now a few YEARS delinquent. It would be nice to see that before someone takes the property away in a tax sale.
Still standing on the dock, watching but not a buyer. Not until the profits start showing up on the books, instead of being given to ERF as a debt owed to LVVV. I know Bill says he is doing that because of the MJ laws, but hey, you don't pay your taxes, you don't keep any profits, and you show revenue but never collect it (from ERF) so is it really revenue? Yep, still on sidelines. But watching, and hoping someday this really has good news and I'll buy back in.
My take on today's PR.
Who says Bill can't work magic? Look at this.!! EIGHT positive quarters in ONE year. LOLOL. From the latest PR that came to my email just this morning ...
"Produced eight consecutive profitable quarters during 2023."
OKay, it was a good PR. Just funny to see that though. My warped sense of humor.
View this email in your browser?
Insights from Recent Presentation & Funding Update
A lot of inquiries have been received since our recent video presentation on various topics. I feel communication and clarity would best be accomplished by responding to all shareholders regarding these questions.
I understand the frustration felt by shareholders over the current market conditions which has brought about mixed messaging in the marketplace. This has been exasperated by our recently announced funding requirement brought about by our present operating cash deficiency in allowing us to strive for a positive cash flow position in our operations. I need to reiterate that by reaching 2500 lbs of thru put in one 8-hour shift we will be achieving our initial objective of 5000 lbs for Module 1 with the addition of a second 8-hour shift. This will be a duplication of what we have already done in the current 8-hour shift as no further scale up of our process is required beyond the logistics of material handling, etc. To accomplish this, we need operating capital for additional personnel, feedstock and chemicals to give us the staying power to manage the 90-120 day payment schedule from refiners for our product.
When I mentioned that the Company is not considering a consolidation of shares at this time it was in reference to a roll back of shares. Many companies wish to reduce the number of outstanding shares this way. For example, if a company had 100 million outstanding shares and the share price was $0.10 a 5 to 1 share roll back would reduce the outstanding shares to 20 million. If a shareholder owned 1 million shares pre roll back the net value of the position would be $100,000. The rationale behind the roll back is the share price should now remain at $0.50 thus leaving a shareholders equity position the same at $100,000 (200,000 shares @ $0.50). This usually does not happen as the share price usually drifts down unless there is a strategic business rationale for doing so.
In our recently announced Rights Offering the 2 for 1 consolidation results in the same number of outstanding shares as before the Rights Offering. If the offering is fully subscribed the outstanding shares will temporarily double because of the CDN $0.0075 right exercise to 790 million shares but return to approximately 395 million shares with the 2 for 1 consolidation after the close of the Offering.
The basic premise behind a Rights Offering is that existing shareholders participate in the funding with no additional share dilution to the Company. Unfortunately shareholders not fully participating in the Rights Offering will be diluted 50% of their unexercised shares. Shareholders that do participate in the Rights Offering have the option if they choose to request additional rights at CDN ¾ of one cent ($0.0075) from the remaining pool of unexercised rights that will be available from the shareholders that have not participated.
I mentioned that our operating capital shortfall could only be resolved in three ways. Our first option is an equity raise (such as a private placement but this cannot be done at a price below $0.05 due to regulatory restrictions). The second option is a predatory loan debt instrument that would not be in the best interests of shareholders. The final option is a Rights Offering. All funding avenues were considered and evaluated, and a Rights Offering is the only viable option to us at this time. A price of ¾ of one cent was determined to be sufficient to give the Company the operating capital required (approximately $3M) to scale up to 5000 lbs per day and allow us the window to overcome the 90-120 day receivable timeline.
As already mentioned, currently we are hampered in our ability to operate at increased capacities by our lack of an adequate working capital facility. This working capital deficiency doesn’t allow us to purchase the quantity of feedstock required to operate Module One at the capacity it is capable of. The proceeds of the Rights Offering provides this working capital for us to meet our production objectives.
We have been asked about our relationships with refiners. As with any potential commercial business transaction, especially with new technologies and its related implications, due diligence is undertaken by both parties. As such, we have NDA’s in place with more than one large refiner and are presently working closely with them as well as with other commercial interests. Nothing further can be communicated at this time until disclosures are agreed to by both parties and in a format acceptable to each, especially in the revelation of competitive issues to the industry.
There has been several inquires as to the use of proceeds from our funding initiatives. Since the 2022 Rights Offering, we have also raised $4.8M in additional funding through convertible debentures. $1.9M of the 2022 Rights offering was used for required debt repayments that saved the company interest expenses
Our spending for the development of the catalytic converter business has used almost $3.7M of these funds on the pilot plant and Module 1. As discussed previously, Module 1 has incurred 4 major issues and the direct costs associated with these issues are as follows. The heating system upgrade cost $400K, the bulk loader with modifications cost $120K, the reactor manufacturing failure cost $75K and the pump limitations cost us $40K. These direct costs were unanticipated and do not include the indirect costs associated with down time and the delays in fixing these issues due to the sourcing and scheduling of the necessary independent tradespeople needed to repair/fabricate the various mechanical, electrical, and plumbing items. We would obviously have preferred to not have incurred these issues, but this is not unusual in the process of building a system that is the first of its kind. There are simply no prior design parameters to fall back on or professional engineering consultants to rely on when approaching a project such as ours.
SG&A costs, including the Vancouver research facility, are approximately $2.6M since the 2022 Rights Offering. In addition, we have also contributed almost $1M to fund Iron Bull and the Cehegin Iron Ore Project during this time.
I stress that this new Rights Offering is the final hurdle that Regenx requires to meet the operational needs to reach 5000lbs/day of throughput, and to overcome the refineries unfavourable payment terms, allowing us the time to move into a positive cash position. In addition, its important to note that as we begin to show a history of revenue generation typical operating lines with traditional funding institutions will become available to us for growth and expansion needs.
I have had many calls where shareholders have expressed their frustration with the timeline roll out and unexpected expenses that have occurred during our plant mobilization but have enthusiastically expressed their support for the company and what has been accomplished to date. I want to express my appreciation to all our shareholders for the unwavering support shown throughout this whole process. We are very close to realizing the merits of our technology journey and look forward to the recognition and value that will be forthcoming as a result.
Greg Pendura
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"So in my opinion was the huge market order done on purpose?? "
No. IMHO. Why not? Because the seller sold some shares high, then dropped it fast. Sold a LOT of shares at $.013X and .012X. Immediately after that ended, it popped back up. Fast. That seller could not sell and then buy back. In fact, I tried putting in an order at $.015 when it turned and was at $.0135 and rising. Didn't get them. Moved it to $.017 and still didn't get as much as I tried. It just moved past me that fast. Finally put in at $.018 and got what I wanted. But it was me and a bunch of other people buying fast and furious, and the seller would not have been able to get back in NEAR the price he sold at. He couldn't do well with limit buy orders in either, as he would just be on the selling AND the buying side, to no avail. It did not continue down after his order stopped filling (less than 90 seconds). He didn't scare others to drop it under a penny, as the buyers came in too fast. Normally when a market order happens, it does that. It is a sharp V shape, and the seller can't buy back in even if they want to. They were not cleaning out the other sellers and buying, as their sell order dumped it all the way all at once. Then, it was a rush to buy and I think those who put in at market got lower prices than those of us who tried to put in at limits, as it blew past us too fast.
SO no, the sell order at market was a mistake - not done on purpose. Again, IMVHO.
AN update is out from the company. (I haven't looked at it yet)
"What's unusual is no cannons have been found......"
Inaccurate. FYI.
NOt found by SFRX, but yes found. Won't say more.
Misquoting the law? An attorney doing that? Say it isn't so!
" if SnL in the USA had more than 100 full-time employees in total before closing Provo"
Just bad advise I guess. Here, I'll post this for you -
"Exceptions to the WARN Act
The WARN Act is not activated If a plant closing or a mass layoff results in fewer than 50 workers losing their jobs at a single employment site"
Neither Provo nor Viriginia had 50 or more workers. Thought you woudl know that, since you tried to (purposely misquoted??) mention the WARN act.
"How is that possible ?"
Either a settlement between market makers from yesterday's trading (it happens when it trades fast and sometimes a MM ends the day long or short without wanting to be. Or didn't settle with another MM on a trade. Or even just missed by one digit when adding up some trades, which is why it is 100,000 exactly) or a private sale that crossed before the market.
Not a regular trade, as you can't do extended hours trading on this stock.
The Private share seller is making his stand at $.0119 today. Lots of trades, still showing only 10K, and sticking firm. Depending on whether GTSM is the final MM or not, we might see the T trade come in at $.0119 at the end of the day. traded a million shares there and not busting yet. Good that we hvae buyers though taking those shares from the seller.
"Damn Market Makers !!!!"
SOrry dude. T-trades almost never are caused by market makers.
They are private shares being sold for the first time, and then reported a second time after closing as one MM settles with the other. I have sold numerous companies, including this one, where they showed up on t-trades. If a stock is decreasing in value and has t-trades, it means someone is selling and knocking it down. If the stock is still rising, like this one is, then it means the seller is slowing the ascent, but still is a positive event, because it means when that large seller is done it can move up faster, as buyers obviously are still buying.
Back to lurking. I don't like posting much
Second T trade in a week, NOw we know why it has been held down below a penny, including today.
912K in T trade shares. dissemination and still rising. A very good sign.
"The link you seek is a sticky post."
Watched it.
Thank you
" the company CEO places an absurd value of 15 billion dollars" Agreed. Although I haven't heard the company saying that in the past few years. Just you and a few of the other bashers. I believe he is absolutely wrong in that number though, and wouldn't mind a link to where he said it. I personally have not been able to see that statement made by Kyle though. I believe you that he said it. Just haven't seen it. Do you have a link?
"a shipwreck devoid of cannons " I do not believe this shipwreck was devoid of cannons. See? " Or perhaps you might want to believe that they salvaged the cannons with total disregard to the tons of treasure which is now under worm poop. " I can't comment on that, and no it's not from the company, but I believe I know what happened to the cannons. Before SFRX got involved.
"again in my OPINION." Perfect. Yes, you have an opinion, and yes it is negative. ANd in some things, you are RIGHT. But in some, we do not know, and it is an opinion. One you have with a negative bias. therefore, you are a basher, or a bear. Others are bulls. I myself am more neutral than either one. Just gald you admit you are offering your opinion, instead of saying you are only offering facts.
SOmeday we will talk about the cannons. NOt today, not here. For now - best to you. Diving anything of interest lately?
"I'm not bashing. Just presenting facts"
Come on. At least own it! Yes, you are bashing.
IN fact, in the same short post, you then write ""the Kennedy, Reynolds folly of there being tons of treasure just waiting under the worm poop" Calling it a folly when you do not know if there is treasure there or not ... is an opinion, not a fact. a negative opinion, and one you are entitled to. But yes, it is bashing." As are MOST of your posts.
Yes. Call Kyle for that.
"This back from Tristan.
"Bill is taking care of it.""
Sad to say, but I received the same response numerous times.
From February 2023
"It is on the list and shall be paid shortly"
From May 2023
"I was told it will be taken care of 100% of course. I wish I could get a date but it is a top priority. "
Top priority yet another year that came due was added to the total delinquent amount.
From September 2023
" "
(Which is to say no reply on the Real estate taxes issue or my question about it yet again.)
From December 2023, (After I already sold, in November and posted that I sold in post 74,000) I asked about this too, which was a post on this board. I still follow the board, even though I am out. hoping for something to change, but will not buy in until something does.
"He is listed as a creditor on the financials. His message stated that Bill is refusing to pay him what is owed. He already gave Bill an extension. That Bill will be in default of the pay back date shortly. Bill is claiming LVVV does not have the money.
He said the date is coming and if Bill does not pay him. He knows his money is gone for good and he will be making sure that no one is making a dime off of LVVV. He has a plan of action and it will take Bill, the Board and LVVV completely down."
I received no answer on that question either.
But if he is refusing to pay a debt and that person is going to force the issue, then we have problems. As for the real estate taxes, it IS commercial, and after 3 years (2025) it will go to auction if not paid. Because someone (ahem. cough cough) will push the issue with the county and show them that this is commercial and needs a 3 year timing, not a 5 year one. then, see if the property can be bought at auction. It would be bought for taxes due, and whatever it takes to outbid other potential buyers. Then, owned free and clear, with no liens, no loans, and nothing to stop a positive cash flow from the land. Buying tax deeds is VERY profitable. Let's see if they let it go to three full years. It is at 2 years now. And counting. And in spite of Tristan saying it will be taken care of soon, that is the same response for over a YEAR now.
There are very few brokerages that will allow that type of share to be deposited. I know you already know that, or you would not be asking. As for those that DO accept these type shares, I can recommend two. First is Wilson Davis out of Utah. They allow a deposit, via DWAC or DRS depending, and you will need an attorney letter showing they are Rule 144 or Section 4(a)(1) eligible. They are expensive, but that's the price you pay for this type of investment. The big firms of course do not allow you to deposit these shares, period. The second is Scottsdale Brokers, although I have not used them for years and don't know their current requirements. I use Wilson Davis, and have used them for SFRX stock in the past. Hope that helps
California is a tax deed state. On a residential property, the owner has 5 years to pay back taxes, and if they do not the property is sold at a public auction to the highest bidder. They do not sell tax liens, like many states do. And commercial property only has 3 years before a sale can be scheduled. Taxes can be paid right up until the day before sale and the redemption would cancel the sale. FYI.
Talk about changing what someone writes! HA!
"Then we got into the threes and then you said it will not go below the threes and now we are in the twos and you are now saying it will not go into the ones. Priceless" Never said that. I said I did not think it would go INTO the threes, and then it did. And I wrote that I was wrong, and I sold. When did I say it would not go into the two? And even this part is wrong. " now we are in the twos and you are now saying it will not go into the ones. " Didn't say that EITHER. You are saying it will be at $.0001 in two weeks. That is not "in the ones". That is in the "zeros", since we are talking the third digit over.
So to recap - I said it would not go into the 3's. It did. So I said I was wrong. You then just wrote that I said it would not go into the two's, which is a lie, and wrote that I said it would not go into the 1's, which is a lie. From here, it might, since things don't add up. So I sold. In the 3s. Lastly you wrote "Sorry. I do not take investment advice from someone who refuses to see the writing on the wall" and yet I saw the reality, wrote about seeing the reality, and did what a normal person would do when they see the reality. Sold. Yet somehow, my saying it is in the 3s and not doing well, I was wrong in thinking it had some support, and I am out, (post 74000) means to you I am in and saying it can't go down any more. Wow. Deal in reality dude, at least when talking to others on this board. Okay? Now it's time for me to deal with ones I AM still in, not one where I admitted was not doing what I wanted it to do and which I sold. In spite of your thinking I said the OPPOSITE of what I truly said. Yep ... reality. Give it a try once in a while.
You are a bear. But at least you ask logical questions, and also are not TRYING to MAKE it go down the rest of the way. At least not that I can see so far. SO, let me answer.
"What if LVVV goes all the way to zero with out Bet Max help?"
Then it sucks for all who own shares. It ALREADY sucks, but it would suck even worse. And BIll should be prosecuted, if possible. i AGREE with all that. But I'm not TRYING to MAKE it go down to $.0001 by destroying it all, and burning the company to the ground while it is still struggling to try to stay afloat. If it goes from .0024, where it is today, to .0001 in two weeks, based on a filing by a vengeful person, then 1) that is mostly on Bill, since he has screwed around with the company with the loans and the books, plus 2) it is partly on the one who makes it go down by doing the filing. NO, not from $.04 to $.0024, but yes from $.0024 to $.0001. Because they made it happen, and cost whoever still owns the shares to lose the REST of their investment. Out of petty vengeance and DISREGARD for OTHER'S money still invested in here.
"Hope you didn't bet the entire farm here and have fund growing elsewhere"
Thank you for your concern. (Truly, not sarcasm). I wrote in a post a while back that it was not acting as I wished, I was wrong in my original analysis, and I was therefore selling out. (post 74000) And I did. And yes, I too hurt the price, as it went from $.0032 to $.0028 during my selling over two days. That's what happens. Stocks go down when people sell. But I'm not going after Bill UNTIL it collapses, IF it collapses. To MAKE it collapse is to hurt others, and like you I don't wish for people to lose all their money. If they do, and it happens, THEN it is time to go after the principals. Not BEFORE, where you MAKE it drop another 99% from what is left even today. Big difference. Anyway, I took my loss, didn't bet the farm (most of my stocks are big cap. Only three penny stocks, and doing poor on two of them. Well ... did poor on two of them. One doing well. Still will stick with bigger stocks though in the future ) and not trying to scorch the other investors' money just to be vengeful and show that I am an angry person.
Hope you are having a good year. Other stocks (NASSAQ types) are having a great year, so if you are there it has been a good run
YOu really live in a fantasy world at times, don't you?
Two statements that are nowhere near what people would call reality.
"In two weeks it will be down to .0001 "
Doubtful. The price sucks, and the unanswered questions are mostly the reason why. But you think it will drop 99% from here to there in the next two weeks? ONly if you are filing with the SEC and shut it down over the next two weeks. Hurting every single person who still owns stock today. Your scorched earth policy you keep referring to will hurt others, and you could not care less. Nice. Yes, that is sarcasm.
"This is not in my court Bill, this is in yours. Do not blame me for the scam you have pulled."
Who are you talking to? You respond to me, and talk to Bill? I'm not Bill, nor have I defended him in my posts since I said things don't add up and I was out.
At .003 and .0031. I did what a normal person would do. It didn't add up, so I got out. You however are going to cost everyone ELSE that owns shares the rest of their money, and then say it is not on you. Can't talk logic against that. "1) I am going to take it down. 2) I am a scorched earth guy. 3) I will take it down to zero. 4) It is not my fault if it goes down though." Yeah right. Lastly - in your post to me you are talking to Bill?? Not my name, not me. And he is surely not reading this board. Shoot, "I' rarely read this board anymore, since I own a zero position and have no reason to, except for seeing if anything positive or negative is released every week or so. So you can stop talking ot Bill when you are talking to me, as he knows nothing about me. Or probably you too. lol. Try to keep it together, Mr "I have 87 positions in my portfolio" and try to not hurt OTHERS just because YOU are a vengeful scorched earth kinda guy. Move on if you found out a PENNY stock is not treated like a blue chip, or to your liking, and deal with your other investments, like (here comes that word again) a NORMAL guy.
"Now the problem for Bill, marijuana farms get close scrutiny, any questionable issue can bring upon it an investigation and a probable rescinding of the permits.The problem is a guy like me, I believe in a scorched earth policy, I will use the law, SEC and anything else available to burn LVVV and Makana Ola to the ground "
Sounds like the problem for the shareholders, not for Bill, but the shareholders, is ... you. You are going ot burn LVV to the ground, thereby taking it to zero and costing all the shareholders on this board all their money. Regardless of what they have lost already, or the hope they have that it will turn around, you will burn it to the ground soon. Hurting every single person who still owns shares, all the way to zero.
And you are bragging about the fact that you are going to destroy all these people's invested money.
SMH.
You try to sound smart, but your advise is terrible.
"Only an amateur sells when the stock is worth 1/10th of what you paid for it. The money is gone so why sell"
Actually, it is SMART to sell if you are down by 90%. Example ... you buy $10,000 and it isxworth $1000. If you hold, and it DOUBLES, you have $2000. If you sell though, you have a $9000 loss. At a 35% tax bracket, you reduce your taxes from other gains by over $3000. Better than a $1000 gain.
So to say only amateurs sell is TERRIBLE advice. But nice try, trying to sound like you knew what you were talking about. Wrong... but nice try.
"Thanks Bill , err Jrf30 for your response"
lol.
" I am wondering why you so endlessly defend the poor management and possible embezzlement of the funds. "
read my post again. I don't defend ANYTHING the management does in that post. I'm saying the SEC would not investigate it with what is known right now. talked about the SEC thoughts, and NOTHING about management. You didn't comprehend my post at ALL.
" I am not sure why you are so defensive."
I defended nothing. Not a thing. ONly said the SEC would not investigate and it is not worth complaining. That's not saying I'm defending them. Just that no case could be made from what is known.
"So you are happy with no accounting for the two million? You think that's acceptable?"
Nope. So you can stop pretending that I am
" I am a big boy and have over 78 others investments in my portfolio."
Second time I have seen you mention this. LIke that means something??
"You may be naive but no one is that naive"
And yet, since my whole post was just to say that the SEC would not investigate with what you mentioned as things wrong, and I have seen more corruption reported and NOT investigated, I don't see where the naivete would come from either.
If you have 78 investments, SELL this one and move on. I say that YOU are defending the company - by your ownership. You say they suck, but you buy a minority ownership position in the company. Sounds contradictory to me. I don't like ANY of what is happening. WHich is why I flat out said I changed my mind on this company. You still support them with your money, but bash them with your words. Fighting against yourself. doesn't seem logical. And then you wish to complain to the SEC, which would do nothing but harm your own investment even MORE. Seems you don't understand that the concept of investing is to MAKE money. Not bash your own investments.
Anyway - enjoy your thanksgiving. You can get back to bashing your own investment again tomorrow.
Bill. I mean Jrf30. lololol.
.
"Thoughts on the Q3?"
Glad it is not at $.0020.
Profit yes, but revenues for 3 acres the same as revenues for 1 acre? Odd.
They keep making profits, but the real estate taxes are still not paid, and going up pretty fast in amounts due. They seem to be giving their profits away to a related party, and not getting paid back. Would like to see a LOT more about what that is all about.
Some good things, but too many contradictions to feel good about the report. Even with the increased earnings.
imho.
There are no tax liens in CA> Many sates have them, and I buy a lot of them, but CA doesn't. After 5 years from default date, the county has the right to sell the property. Even then, they do it as an auction, not just for the taxes, so it would go up to somewhere close to retail value, with the excess funds from the tax bill going back to LVVV as proceeds. FYI.
"Also, per Reg FD Kyle is not disclose anything to you that he hasn’t disclosed to the public"
Sorry, but that one is a lie. He can disclose a LOT of things to people although not public. He can not discuss a MATERIAL item, but many things can be discussed. For examples.
'i think we will get the COE permit very soon. " Allowed.
"I am talking to the COE and hopefully next week we will get our answer." Allowed.
"They gave us the permit. We are writing a pr right now to release tomorrow morning. Not allowed. But can he say things to people? Absolutely. You purposely left off the word "material".
Regenx Tech Corp., (the “Company” or “Regenx” (CSE:RGX) (OTCQB:RGXTF) is pleased to announce the system recovery rates obtained during the start-up phase of the commissioning of Module One in Greeneville TN.
During the initial phase of commissioning a recovery rate of 86% for both Platinum (Pt) and Palladium (Pd) were consistently achieved. By the end of the commissioning phase recoveries of 94% for Pt and 98% for Pd were attained. The recovery rates reported previously were solely for the leaching process. The overall recovery results currently reported reflect the entirety of the process including all sections where potential precious metal losses occur, such as leaching, solid/liquid separation and the Merrill Crowe recovery.
“The team is very excited being able to replicate the results from the lab and pilot plant trials during the start up commissioning phase. These results were obtained using very low-grade materials which makes this even more exciting as low-grade material was the most challenging to obtain high recoveries in the lab environment. Everyone at Regenx is excited as we enter the next stage of the Company’s development as a fully commercial operation. The Company’s vision is to become a global solution for an ever increasing multi-billion dollar problem”, stated Greg Pendura, CEO.
You are not listening. I am distinguishing between the company and the stock. You are putting the two together.
If the market were a perfect place, then they would be. It is not. that is WHY there are opportunities. And why stocks are overvalued. Because the market is imperfect.
"You keep saying
The company is doing great. Great for who? 6 quarters of profit and it has been dropping like a rock. I do not give a hoot about PE ratios. I want to see progress"
You want progress. I contend that 6 quarters of growing revenue and growing profits IS progress. You ARE seeing progress. What you r3eally are saying is you want the stock price to go up. Not progress. Stock price. (I agree by the way. I do too!) But in the imperfect world, the COMPANY can be doing better and better, and the stock NOT do better. As is happening here. Separate the two, and you will see that the company IS doing better. 6 quarters of growing profits IS progress. Stock dropping IS stock undervalued. The two are disconnected. You are tying the two together and saying if the stock is down then there is no progress. You also don't care about PE ratios. Or earnings. or ANYTHING except the stock price going up. Then play the momo stocks, and watch stocks with no revenues and no earnings and no hope go up through the roof just because they get the momo. The stock goes up and the company is worthless. Right now, this company is building value. That value should be reflected in the price. And someday I think it WILL be. For now, it is not. Last time I'll say it - that means there is an opportunity to buy low. Then be patient (You may have to look that word up) and wait for the stock to reflect what the company is doing. A company doing great is not "for who" (Which would be for whom, by the way,) but as a fact. the for whom is when the stock catching up to the value the company is building. I really don't think you have a grasp on the difference between a company and a stock. But still - good luck to you on your plays. I hope you do well.
"you might check out BDPT"
Nope. I have a few pennies right now, and that is all I need. have LVVV, as you know. Also have RGXTF as they open their first plant and I expect a great turnaround in price for them over the next year (I Own lower, but think it is still a good buy here) and SFRX, which is a GAMBLE but I am hoping for it to be a flyer when and if they get their permit. I'm up over 80% on that one, and might sell most on the permit news when it comes, or hold for the potential treasure, but it is up a lot already. ANd still own FUNN, although been selling at a loss on that one from time to time. Think it can go up when they open more locations, but until management changes some of their philosophy it shall be a good concept without good execution and is a loss for me.
Those are my pennies for now. Ask me in a few months and I might not own them, and might own others, or even BDPT, but for now that's all I shall do in pennies. My focus is elsewhere.
"Just hanging on for the miracle."
I don't see it as a miracle to go up. I see a company that was losing money for years and years. Then, they showed a profit. Okay, that is good. But let's see them do it again. Then they showed another profit. And another. And then they had a crop actually harvested, revenue that came in, and another profit. Four in a row. After that they started to plant more. They went from one acre, where they made a profit, to three acres. This year they are harvesting 3 acres, and this year they are doing it twice. The profits you ask for? Well, they went up get again in the latest quarter, and now they are going to harvest 3 acres in October and have even more revenue come in and more profits should come as well.
So the company is doing all the right things as to making profits. Higher profits and continued profits over six quarters and more acreage now than EVER before should lead to more revenue and more profits. All good. And the stock? It fell. It went down. A lot. Sometimes that happens. When a company is doing well but not exposing themselves as doing well, the stock can fall. So it fell. To me, that is not a bad thing, as I buy when it is DOWN. I'll admit my averages here. I owned this stock years ago, when they were doing some things in Coachella. However, the COMPANY was not doing well, so I sold. Yes, fortunately at a profit. Then, I went away. For YEARS I did not own this stock. Coachella also went away, and the company was not worth my time nor looking at. Then they started their 1 acre of planting and their Estrella location. I started watching again. Then the profits aforementioned came in, and that hit my radar. I bought some higher. But when it then went DOWN as the profits went UP, again I did not consider that a bad thing. I considered it an opportunity. I bought more. I bought most of my shares between $.0044 and$.0040. Average? About $.00413. And yes, I may buy some more if it stays in the 3's. I'm not right now only because the market itself is down and other opportunities are out there I am playing. Not penny stocks, but big board ones, where 93% of my portfolio is. When I feel I wish to put more into pennies, if it is in the 3s, or even low 4's, I probably will add again. Because the stock price is lower than the company value, IMHO. Look - if they went from 3 acres to 1 acre and profits were shrinking, I'd sell what I have, even at a loss. If the COMPANY is doing poorly, then the stock price will follow, right?
SO if the COMPANY is doing BETTER, then the stock price should STILL follow. Maybe not immediately, but it should follow, and most of the time DOES.
Crops are UP from 1 acre to 3 acres, not down. Profits are UP over the last two years, from losses to consistent gains. Revenue is UP. And due to poor marketing the stock is DOWN. Opportunity, IMHO. I don't think it will take a "miracle" to go up. Show the profits over the next two quarters from the sale of the October crop (not in the earnings coming out soon. In the current quarter and next one) which is not a dream or a hope but a reality and already ready to harvest, and the profits being larger over the coming quarters "should" be enough to finally see the STOCK go up as well as the company. Granted, not all will happen exactly as I hope it will. But I have faith that soon this stock will recover, based on growing profits. And if that opinion changes, I'll sell and move on. Again. Hopefully at another profit, but if I feel it is not going to do well, I shall sell no matter whether at a gain or a lose and move on. As long as I think the stock is trading less than the company value, I'll buy, When it goes up and is trading above the company value, or if the company value goes down, I sell. I hold most of my penny stocks a few quarters at most, and some a little longer. I probably won't be here a year from now, either way. Either the stock goes up to meet the company value and I sell at a gain, or the company value comes down and I sell at a loss. have done both, and fortunately more gains than losses (In spite of a liar saying otherwise to harass me) Enough of my thoughts on this. Back to the sidelines. I focus on the big board stocks, and too much spent on this little one for now, so I'll watch, wait, and post from time to time.
I end wIth one question for you. Please answer if you can. "What is the current AND forward P/E on this stock, and how does that compare to the industry?" research that, tell the board your answer, and then tell me what that tells you about the stock price for the future. TIA.
"You said it would not hit the threes and there's strength to stay in the low 4s."
Yep. And that opinion was wrong. There. Admitted it. Now what?
It's not like I'm inside the company or have a crystal ball. I truly felt it would not see the 3's. That's opinion. That's discussion. If i knew it for a fact, as opposed to being a regular investor who looked at support and said what it looked like to me, that would be insider knowledge. I am not an insider in this company, nor would I be. It hit the 3's. SO what?
I was defending against a man who followed me here as he does to every board I ever post on who then harasses me and takes a bearish stand on ANY stock I say I am bullish on, just for fun. Then, he spouts lies (""Bill" has nott even been able to sell the fungus-infected June crop") as if they were facts, and says whatever he wants about the company with no regard to the damage he does or the fact he is lying about things that should at some point cause him to get sued for libel. He hammers stocks, and people, for no other reason than he likes to bash stocks. That is all he does. He does it to other posters as well, if they dare like a stock that he is bashing. He literally has gone back over a DECADE to find posts that someone liked a stock back THEN, and if it has troubler NOW< he shows that they liked it and says they were wrong. Shoot, a decade from now i'll have no idea what is happening with LVVV. A few months from now I won't own most of my positions in most of my stocks. That doesn't matter. He finds errors in anything anyone ever wrote, and slams it. LIke me saying I thought it would stay in the 004s and now it is in the .003s. Of course, what HE says doesn't matter to him. He said "He will see 0.0028 before he sees 0.0001" Seems that .-0035 is lower than .0040 but NOT CLOSE to .0001, but what he writes never matters. It is done just to goad people on and to hammer stocks. Lies, like we have a fungus infected crop, are just fake words he uses to scare people from any stock he decides to write and lie about. SO yes, I defended what I wrote. Again, I saw support at .004 but that support was broken and we are a little lower than that. It happens. I am not a psychic. I finally put him on ignore, but I'm sure he shall continue to post here more without my reading what he puts. up. He will continue to hammer the stock, with truths when there is something negative and with lies when he wants to invent something negative. he will bring up other stocks, that I used to own or still own, to harass me. Now I'll ignore those posts. I Hope others at least counter his lies that we have fungus in our crops or that our June crop consisted of "Significant portion"= three lids and two rolled joints. "delivered" - to the illegal guy who picks up the trash once a month. In lieu of cash payment. " Until a real attorney takes on this disbarred attorney to stop him for flat out libelous posts that are NOT "opinion", and claims he can not and knows he can not make, then he shall continue.
Sorry for the long rant. Guess I had to say it about my post and why I defended it. Now let his bashing begin. And his lies about this company, my track record (Off topic) and all the other things he (And some new posters that are his friends or him under another alias) will post. In the meantime, let's see if we can get some support back and get back into the 4's. the COMPANY is growing, and doing better now than ever before. More revenue, more profit than ever. the stock is down big. I am hoping (NOT guaranteeing) that the stock starts a recovery based on the reality of the company earnings, which are up and growing.
I said when we are about .0045 that I didn't think it would hit the .003s. I saw support at about .0040 and .0041 and thought it would hold. You said
"He will see 0.0028 before he sees 0.0001"
So ... it went from .0045 to .0036 when I said it looked like it would stay at .0040.
Yet even a drunken disbarred attorney in CA could very easily argue and show that .0036 is a lot closer to my thought of .0040 than to your thought of .0001. Yep, 36 is closer to 40 than to 1.
Yet you call me wrong (repeatedly, to draw me into this argument) and make a point that my thought was "wrong"? lolol. Okay ... so I guess a drunken disbarred attorney in CA can NOT see that reality.
Oh, and my comment said that I didn't think it would bust .004 but "(and hoping nothing changes to make that a reality!!)" The dow going down a few THOUSAND points since then would qualify as the something changing that affected almost ALL stocks. I know, I know. Logic. reality. Thinking. None of those affect your trolling.
Finally hit my ignore button. You never have anything to say that is worth reading. Bye.
Actually I am. But I can't do anything about it, so like all of us, I wait. NOT happy with the delay, or whatever is happening. But I'm still looking at the big picture. We had 1 acre last year and made a profit. We have 6 acres this year. I expect a bigger profit. regardless of Green Eagle. So although it bothers me that AGAIN Bill said something and we don't know if it is going to become true or not, the big picture is still where my focus is.
My focus and bullishness is specifically this: "we have made profit the last six quarters or so in a row, and we have expanded (Past tense, not future, or hype) our yield by almost 600%. That should generate a NICE growth in profit, and I'm waiting for that over the next few quarters and I expect a higher price to FINALLY come about at that time" That's my take. The rest (this acquisition. expanding the grounds to include some other facilities. Putting in more infrastructure, etc) may or may not come true, and if it does that is a bonus, if it does not, I'm still focused on the growth in profits coming. IN nine months, I'll be out of this, with a profit hopefully but probably either way.
My honest view.
"but here we are about to enter the 3s."
A little dramatic, don't you think?
There is a lot of support in the low 4s. I wish it were the 7s, but it is not yet. As we increase revenue and profits, and our P/E contracts, maybe we shall see the 7s. But for now, the 4s are where we are. Sucks. But no, we are not "about to enter the 3s" based on anything out there at this time. (and hoping nothing changes to make that a reality!!)
Let's see.
Closed at 44 on Monday.
Closed at 46 on Tuesday.
Closed at 45 on Wednesday
therefore ... the price is dropping and the sky is falling. Right?
Dude, you gotta at least TRY when you put these thoughts together.
"Maybe a class action will wake him up."
Yeah, because a class action suit would REALLY help the stock go up! SMH
What are you going to say to an attorney?
Let's look at your side of a class action conversation.
"Bill worked on this farm, and he moved us to the first profit and then after that another, and now we have six quarters of profits in a row. We had 1 acre of product last year. This year we only have 3 acres. ANd two harvests. So 6 acres. But ... the stock price has not gone up. Sue him, because although bill has successful been growing the COMPANY, he is not successfully growing the price. He needs to manipulate the stock to MAKE it go up. Stop working on the product and the growing and the planting and all that, and work as a penny CEO should, and manipulate that stock to go up to 3 cents or so. Then I could sell and make a lot of money, but as it is, he is not doing his job!! waaaa"
"What's that? Stock manipulation by a CEO is illegal? he can't do it? But I see other CEOs do it all the time. What? Still illegal? HIs not doing it is a good thing?? No, that can't be, as the stock price is not up. I want to sue, since the price has not gone up as the company has grown. Can't we sue to make the price go up?"
"Huh? Making the company spend money on defending itself would push earnings down and make the stock go lower? But you don't understand. I wnt to sue to make it go UP. YOu must have misunderstood me"
"Hello? hello? Dang, another one that hung up on me!"
I too do not like the price where it is. But seeing 6 acres of harvest versus 1 last year is a great improvement, and our earnings will be growing. We re already sitting on a trailing P/E of 11. that's LOW for a stock, especially in our industry. As we grow earnings, someday this will catch fire. Not because of a pump, or some pipe dream, but because we get our shareholder equity up higher enough and our P/E down low enough that it catches the attention of someone who spreads the word to buy. Until then? Until then it is Bill's job to manage the COMPANY and he IS doing that. And he is talking about EXPANDING beyond the 3 acres with some specialized services on some of the other acreage. We are growing. We are doing what we need to do (except paying the real estate taxes, and I can't seem to get an answer WHY on that one) and I'm bullish since we are UNDERVALUED. As long as we don't have to defend some silly class action that is.
IMHO
very nice. Bullish sign
"Livewire Signs Agreement to Acquire Majority Equity Stake in Los Angeles Cannabis Direct-to-Consumer Delivery Company Green Eagle
Then gets a 92,888 dollar loan 3 months later
Nothing wrong with that?"
Nope, nothing wrong with that. It mean they bought it with some debt still owed. Took the position, but the payment is yet to come.
Not saying it is good. or bad. Just that it is not abnormal.
You are correct, but also wrong
It is "due" now, but they can file Monday. Here- read this.
"If the due date for filing a return falls on a Saturday, Sunday, or legal holiday, then you may file the return on the next business day"