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CBDD Yes and all the more reason why more people should put in more effort and actually do a little work before jumping to conclusions and posting garbage on message boards so quickly. Another reason why you shouldn't buy or sell any stock based on what anyone of us post on a message board before confirming the information themselves. That means make calls, send emails, build relationships the best you can before you do anything.
CBDD Good Morning Everyone News Out Today
https://finance.yahoo.com/news/cbd-denver-inc-announces-annual-122600197.html
Red day, we get updates
2023 Annual Report - Key Points
Total Current Assets: 2023 up to $117,218 vs 2022 $28,043
Gross Profit: 2023 $595,417, vs 2022 loss $284,734 in 2022
Net Income Before Provision for Income Tax:
Loss reduced to 2023 $377,729 vs 2022 loss $3,257,710
Accounts Payable: reduced to 2023 $297,164 vs 2022 $961,651
https://www.otcmarkets.com/stock/CBDD/news/story?e&id=2845858
NEWS
CBD of Denver Inc. Announces Annual Disclosure and Filing of Financial Statements
Newsfile Corp.
Newsfile Corp
Denver, Colorado--(Newsfile Corp. - May 2, 2024) - CBD of Denver, Inc. (OTC Pink: CBDD) has filed its financial results for the year ended December 31, 2023. The results highlight significant financial improvements and strategic achievements.
Financial Highlights:
Total Current Assets increased to $117,218 in 2023, up from $28,043 in 2022, marking significant progress in strengthening the company's balance sheet.
Gross Profit for 2023 was $595,417, a significant recovery from a gross loss of $(284,734) in 2022, due to a 27% increase in sales and reduction in Cost of Goods Sold, reflecting improved operational efficiency and product demand.
Net Income Before Provision for Income Tax showed improvement with a loss of $(377,729) in 2023, compared to a loss of $(3,257,710) in 2022. This underscores the company's efforts to enhance operational efficiency and improve cost management. Strategies include adopting a lean approach to minimize fixed expenses to the absolute bare minimum and managing variable expenses prudently, all while aiming to boost top-line growth.
Operational Highlights:
Net Income from Operations showed improvement with a reduced loss in 2023 compared to 2022. These figures represent diligent efforts in operational adjustments and cost management.
Accounts Payable decreased significantly to $297,164 in 2023, down from $961,651 in 2022.
"It is with great pride that I report on the robust financial performance and strategic achievements of CBD of Denver for the year 2023," said Axel Reinke, CEO of CBD of Denver. "The transformation from substantial losses in the previous year reflects the determination and adaptability of our team. We remain dedicated to driving growth, maximizing shareholder value, and spearheading innovation in our industry."
Three notes (Capitoline Ventures II LLC, Goldberg AG, and Pascal Siegenthaler) have been extended for an additional two years. These notes are held by friendly debt holders who have, and the company believes, will continue, to support CBD of Denver Inc.
About CBD of Denver, Inc. (BERLINER INNOVATION)
CBD of Denver, Inc. is focused on acquiring profitable assets at attractive valuations to create value for shareholders. The company's team is dedicated to sourcing high-margin, innovative products that align with its values. The Company is offering a number of innovative consumer products through Libra 9 GmbH, such as the Magic Lappen and the BerlinR13 Anti-Slip solution.
Follow Magic Lappen on Twitter, Instagram, Facebook and TikTok for more information and updates.
Follow The Magic Lappen on Instagram: @themagiclappen
Shop on our website: https://www.the-magic-lappen.com/
Visit the CBDD/ Berliner Innovation: www.berlinerinnovation.de
See our innovative Anti-Slip product: www.berlinr13.de
For questions, please contact us at: investors@libra9.de
About LUXORA Inc.
LUXORA Inc. is a trailblazing entity in the European cannabis industry, with offices spanning the USA and Europe. Our core expertise revolves around unlocking the potential of the legalized cannabis market, offering infrastructure solutions and consulting tailored to the dynamic needs of this rapidly expanding sector. With a profound understanding of the opportunities and challenges brought forth by legalization, our experienced team is dedicated to pioneering the future of the legal cannabis market in Europe. Our offerings range from consulting and market research to product development and distribution solutions, aimed at simplifying the path to legalization for our esteemed clients.
There goes your theory
Three notes (Capitoline Ventures II LLC, Goldberg AG, and Pascal Siegenthaler) have been extended for an additional two years. These notes are held by friendly debt holders who have, and the company believes, will continue, to support CBD of Denver Inc
News - May 2. CBD of Denver Inc. Announces Annual Disclosure and Filing of Financial Statements
https://www.otcmarkets.com/stock/CBDD/news/story?e&id=2845858
I am agree with you. It is very tough situation. But it is reality.
Tough. But we are hopeful to a resolution for the best. 👀as majority of noteholders are insiders has shareholders value to talk about.
My concern is how they will deal with Notes. Management needs to explain. Maturity date was 4.30.24
A/S maxed out and conversion rate is 20 days Lower pps ..:::::::: etc.
I am watching ….
If this can go high and break $1 today or go lower .0001 then I am still watching until find out how management will deal the loan Notes?
Conversion not in play. Who would dump and cash in? Flippers🤡! Shorts. Pincher bugs.
The fun times of playing in Pink Land.
Repeat of yesterday’s action.
Snoozing, Happy CBDD Day Everyone
Walked down for reloading .0015 > .0012 ask prior to the next run to .0020+
Hard bounce off .0011 bid
.0012s taken out with a 5.25M buy
.0013 up only 3.3M left
Briz, I always think when I'm reading any board that 90% of the people who post are doing so for their own benefit. Trying to talk the shares up so they can sell, or drive it down so they can buy cheap.
You are one of the few that I pay attention to. Extremely knowledgeable and someone that tells what he sees happening. Thank you for doing that without a hidden agenda. I appreciate you and the things you say.
How they will convert ? A/S is already maxed out and it will be increase and they have no other choice.
In the last run they ruined us and crashed from .04 to down here until now we have no clue about Audits either.
CBDD Capitaline Ventures is ROBERT ROEVER our board member.
Pascal is GOLDBURG AG
Both individuals have been here a very long time! Marcel and Pascal were the 2 previous individuals representing the company.
Two individuals and Capitoline Venture II LLC are holding those loan notes. Capitoline is holding near $800k worth loan which are convertible now.
A/S will increased here. It will convert .0003-.0007 rate.
All three board members took service fee in November 32M each member as restricted common shares under rule 144 which will be unrestricted soon.if they have maximum length 6 months too.
.
CBDD Congratulations to the people who blocked the noise and added dips and soaked up free shares from the clueless. Now in much stronger hands. Let's take it to the Bank fellas
CBDD It's a shame what this board has become. Only a small percentage of posters here actually do their homework and pay attention to what is going on here. As for the promissory notes, they are all held by the company Board members and they are not toxic. None of the notes are owned by an outside investor. The crap that is spewed on this board is horrible. Paying attention to the Cannabis Legislation in DC is another part of the DD. Geez people!! Those who sold this morning were foolish and are now looking at themselves in the mirror with shame. None of these people speak with the company IR. Only a small handful of us. Shame on 90% of you guys for not putting in the work.
Really nice. Thank you.
This suggest an uptick for tomorrow and many days to come. Promising.
Unless stupid clowns does trade too early.
We will see.
🍀***CBDD- Link to the trades:.....
***https://ih.advfn.com/stock-market/USOTC/demand-brands-pk-CBDD/trades
🍀***From Barchart.....
https://www.barchart.com/stocks/quotes/CBDD/overview
🍀***Link to 100%-
https://www.barchart.com/stocks/quotes/CBDD/opinion
Are you sure 10 will never be breached. lol
It is not hard to break down with 100 to 200M dump at bid.
My both CBDD and NTRR are good
Both will run
DEA Agrees To Reschedule Marijuana Under Federal Law In Historic Move Following Biden-Directed Health Agency’s Recommendation
Published on April 30, 2024
By Kyle Jaeger
https://www.marijuanamoment.net/dea-agrees-to-reschedule-marijuana-under-federal-law-in-historic-move-following-biden-directed-health-agencys-recommendation/
Here we go - .0015s gone + .0015s started on just 3M in buys - just 2.4M left - may see .0020 today with 40 minutes to go and / or gap up at open tomorrow when people catch up on developments
Now 39M on the bid at .0013 - sufficient to take out at least .0014 > .0020 if applied rapidly to successive asks - possibly even .0021 > .0025 as well
KEY REVERSAL DAY ALERT! News out! 10's will not be breached now!!!
03:02 PM EDT, 04/30/2024 (MT Newswires) -- (Updates with DOJ declined to comment in fourth paragraph.)
Cannabis stocks rose in recent Tuesday trading after the Associated Press reported that the US Drug Enforcement Administration planned to reclassify marijuana as a drug that posed less harm than other substances.
The DEA's plan to bump marijuana down to the Schedule III category from its current Schedule I status would require approval from the White House Office of Management and Budget and follow a period of public hearings and a review by an administrative judge, the report said.
The move won't legalize cannabis for recreational use outright but recognize the plant's medical uses.
The DEA deferred the matter to the US Department of Justice when asked for comment by MT Newswires. The DOJ declined to comment.
Aurora Cannabis (ACB) shares rose 32%, Canopy Growth(CGC) surged 53%, Cronos Group(CRON) jumped 14% and Tilray Brands(TLRY) soared 38%.
Price: 8.32, Change: +2.00, Percent Change: +31.68
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Good spike here
Swing trade is good here
Hard to make even in investment.
I guess no one here heard the new Marijuana news that broke a little bit ago. Just go to the ilst board. It's there.
Looking at the action some folks have seen it
For goodness sakes lets get this to a full penny soon.
Must be looking into it to entice. Starting to be. L2 seems to be.
I always said that .028 was only form the 2020/2021 reddit runs that took over all of OTC. Anyone in during that time made money everywhere. Thes SEC cracked down with the new rules. CBDD ran on nothing then when they started PRing is when we went RED. Miss the Marcel days.
Oh well, atleast this year has brought in profits elsewhere so i'll use my loss as a write off.
Still holding half in hopes of some stupid P&D
If they r/s, that’s telling the loyal bag holders to take a hike. Then they will try to suck in newbie’s. All I can say is prove me wrong. Surprise me . Come out with new name, audits. Huge buyback. Lol
Not upset even though I’m a foolish bag holder. I saw how they were running with minimal news no audits and no name change and so on. As I said before I always hoped this wasn’t a typical stinky pink that spikes once , draws fools in, keeps the long dreamers baggers in(such as myself) and never comes back.3 cents was a fluke. Sorry to say.
It is, but we should have seen it coming. 2 years of outstanding PR's and the PPS would go red EVERY time. Then the company said no money in CBD so they moved onto the towel. Then company says it's back in CBD (even though it made no money) WITH a towel. they have Bi-Polar disorder.
So many red flags in the past.
Did make a crap ton in 2021 but stupid me bought back in when they kept releasing great PRs after great PRs.
Company is silent from a long period to provide Audits but all the time they dumped convertible shares.
Expecting A/S will increase to 10B to cover the current convertible and more in future.
Is is very sad to taking loss after years holding
I sold half my position, waiting on other half for miracle or tax write off
Due today
$CBDD : Promissory and Convertible Notes and due 4.30.24.
— TheStockGuru (@Austria_9999) April 26, 2024
Total amount and convertible rate are included. A/S maxed out. A/S increase and dilution will coming here. Expecting hits lower .0004
Do your own DD before to invest. pic.twitter.com/v6OF3gaHcC
.0007 is possible today and .0003 soon before hit the converted shares
I am expecting no bid here
I am watching
Let’s see updates regarding A/S increase
Down she goes again.
Things to do, later CBDD
Someone is adding at .0012 from a few days.
Interesting bid and ask are almost same but no one wants to hit the ask.
Promo can take this a little up but note conversion will take this down.
Need buying pressure to run this or Audit financials
Wait for A/S increase updates
I believe it will be 10B
I wonder what company they can aquire with the remaining 200 shares.
CBDD’s ugly picture
1. Common Shares
A/S : 7,000,000,000
O/S : 6,999,999,800
$CBDD : Attorney Letter Out 4.28.24
— TheStockGuru (@Austria_9999) April 29, 2024
1. Common Shares
A/S : 7,000,000,000 O/S : 6,999,999,800
2. Preferred Shares
O/S
Series A: 34,000 Series B: 12,000 Series :C 9,566,259 Series : D 1
Series : E 10,000 https://t.co/ytIaYGL2Gw
Attorney letter posted yesterday.
https://www.otcmarkets.com/otcapi/company/financial-report/399391/content
Yes . If you take loss from CBDD then it will decrease you taxable capital gain from IGPK.
Sometimes we have to take a loss.
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