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Did CBDD get back why late on filings.
Current Status to yield doesn’t look good.
Better days coming, when is the question.
Friday is here enjoy the weekend
Good Luck Everyone Go CBDD
I hope so. I am just trying to look at it from an objective perspective and avoid putting too much faith in something that is dissolving in front of me. Ever heard of the disposition effect? That is the way I am feeling. Not to say I did not flip it in the first place, which puts me at net positive, but I am on guard.
Okay Good luck. My buddy went to Newfoundland a number of years with success but taking guns into Canada became too much of a hassle.
A couple pictures would be nice...be safe.
Can’t watch tickers in most areas, no cell service. Hard to check on CBDD but we will have a Moose
Just outside Patten Maine, zone 5. We go up Oct 21 and hunt Oct 24 -28 and rifle hunt Deer 29th Saturday Maine only opening day.
I’ll also crossbow hunt few days. Already know where I’ll set blind.
Let have a blessed CBDD week while I’m on vacation Again.
Good luck with the hunt! I turned 64. I’m a high energy/ nervous guy so I still work so I don’t drive my wife crazy at home. Lol. Let’s see what the pps does this year.
Where's the moose hunt?
Retired at 56 now 60 years young.
Hunting season around the corner. Moose hunt last week October. Crossbow deer Oct, rifle November and 2 weeks muzzleloader December
Lets hope we see movement in PP by yr end.
I chalk up Q1 as to a new CEO trying to clean up the mess the old CEO left behind.
I feel like CBDD is in much stronger hands and Paul knows how to make things happen, it just takes time… so patience is required with this ticker. But the run up to .0083 was beautiful - and that can happen for no reason at all.
CEO is projecting cash positive by Q3-Q4, he’s got his ducks in a row, can’t put the cart in front of the horse.
#CBDD
I’m in the same ballpark as you, doing the same with a few flips and long on Cbdd. Sounds like we are about the same age. Hope we can say we did the right thing and celebrate one day! Good luck to us!
2-5 yr is my hold yes, win or lose.
Easy making that decision when we had a great run $$$$$.
The only thing I’ve always hated about CBDD was the SS, always scares me of a RS. Lets hope not.
Be different story if CBDD didn’t have the run, I would probably be playing the flipping game again.
I’m only holding 4 tickers now, 3 flipping tickers and long play CBDD.
Retirement has been kind to me.
Good Luck Everyone Go CBDD
Q2 Revenues Up; Company Name Change to Mellow Enterprise
Denver, Colorado--(Newsfile Corp. - August 16, 2022) - CBD of Denver (OTC Pink: CBDD) reports Q2 revenue of US$1.3m and net income loss of $366,000. The revenue represents a 40% increase over the first quarter, as customer activity picked up from Q1 and prices began to stabilize.
"We continue to look at ways to diversify the business away from a low margin, commodity business into a more sustainable high growth business model. The cannabis sector is still in its infancy in Europe, and there are better ways to be positioned," said CEO Paul Gurney.
Cost-cutting across the enterprise should begin to positively impact cash flows by end of Q3, with a positive cash flow rate forecast for Q4.
The integration of the Mellow acquisition is starting to gather momentum with five new customer contracts signed in July, and more discussions to bring U.S. brands into the Swiss and European markets. A complete rebrand in Switzerland to Mellow will occur from Sept 1, including the launch of a Mellow e-commerce store, and potentially an expanded retail presence.
CBD of Denver would also like to announce it has a selected a new name for the company. CBD of Denver will be moving to the name Mellow Enterprise over the coming months. The move to a new name represents a repositioning of the company into the much broader alternative health and wellness category.
"The feedback from shareholders and clients has been universal towards our current company name. It is confusing and doesn't represent our business or where the company is heading. This name change allows us to move forward and rebrand the company to better reflect our current business and future opportunities," said CEO Paul Gurney.
"In Switzerland, the sector continues to mature and gain acceptance. From August 1, the government changed the rules around medical cannabis, which reduces the barriers to getting access to the medicine. The pilot programs for adult-use cannabis are also beginning, and our company is looking at the best ways to participate."
The company will host a live call via their twitter at 10am EST on August 16th, 2022 to update investors on Q2. The call can be accessed here: https://twitter.com/i/spaces/1lPJqmMpqaPJb
About CBD of Denver, Inc.
CBD of Denver, Inc. owns 100% of Rockflowr, a full-line Distributor of CBD and Cannabis flower and a producer of a full line of CBD oil and unique products sold in Switzerland and throughout Europe. As a Cannabis Roll-Up company CBD of Denver, Inc. is focused on using equity to acquire profitable assets at attractive valuations to create value for all our shareholders and is driven by a passion to improve lives and strengthen communities by unleashing the full potential of cannabis. Through the Rockflowr brand CBDD has been able to build a very strong European customer base by focusing on top quality products and meaningful customer relationships.
Follow CBDD & Mellow on LinkedIn:
https://www.linkedin.com/company/cbd-of-denver/
https://www.linkedin.com/company/mellow-store/
About Mellow
Mellow group operates as a multi-brand eCommerce Marketplace, a full-service digital & performance marketing agency, as well as a market expansion service into the Asian markets. Recently acquired by CBD of Denver, Mellow is playing a key role in expanding the CBDD business revenue streams, as well as diversifying the brand portfolio, as part of a commercial roll-up strategy. With offices in the UK and Switzerland CBDD is able to offer and end-to-end service proposition for brands wanting to enter and/or operate across the UK / EU markets, including manufacturing, production, supply-chain, distribution, eCommerce and Marketing.
Visit CBDD & Mellow:
CBD of Denver
Mellow
Grow by Mellow
Investor Contact:
Benjamin Muir
Pivot Relations
ben@pivotrelations.com
www.pivotrelations.com
I was hoping for much more than a 40% improvement, considering how terrible Q1 was. The April revenue almost exceeded Q1 itself. If this is true, that means May and June brought in less revenue than an average month in Q1. Do we have any idea what kind of revenue mellow will bring in? Being the largest e-commerce CBD market in the UK and expanding into other countries raises expectations. One thing is for sure, they cannot continue to run at such a loss.
Someone on another board said they dumped 9M shares at 0.0029 because they needed the money. Once that was bought up we landed back above .003. Seems like support is hanging around somewhat despite the pink limited flagging and the lackluster Q2 filing.
And it just looks like an influx of volume came in trying to drive it down. We need to keep our head above the 3’s.
#CBDD
Yea CBDD is hard to watch.
All the great news and still stuck at this level, hard to believe or watch.
I see turd tickers running on BS news, nothing here. Frustrating is the best word.
Okay back to doing something or anything over watching CBDD at this time.
Ne reason for late filings period.
If there’s 3 1/2 years left to your 5 year plan, I may not be able to take it much longer. I try not to look in too much anymore. They really gotta do something. With all this generated revenue, no reason to be late with anything.
CBDD I agree 100% Coop! I sent in our concerns first thing this morning to let them know that this has to stop. It's extremely important for a company to file each and every Quarter ontime and make sure to paperwork is in so the OTC Markets are able to process it all and upload the Filings on time to prevent a Yield Sign from showing up. Investors won't take an OTC Markets Company seriously if they can't file on time and keep their listing status legit.
Starting to look that way isn't it? Something so simple as filing a disclosure on time is so difficult for the company. I know the pink limited is just a clerical thing but how many times does this have to keep happening? Toxic folks thrive on these things to bash a company and drive the price back down. They gotta get it right and be consistently right because perception is a nasty nasty thing.
Are they really giving me a chance to pick up more under 3 again??
#CBDD
Here we go again, same old CHIT again.
Good Luck Everyone Go CBDD
Pink Limited...is just paperwork...nothing more.
The call sounded great, many things in works.
I said 2-5 yrs, just over 1.5 years down, 3.5 ish remaining.
Tic toc
Also, they are still working through the Audit for last year. Expect updates in 1-2 mos. They want to get off of OTC pink sheets, as it’s difficult to get institutional buy in. So that’s on his radar. He noted the passion and communication from OTC investors is one of the pros.
#CBDD
The government took themselves out of the equation as of Aug 1st where patients get a script from their doctor and that’s it, no more waiting for the government to approve! That was creating a major backup in patients getting quick access to their product. That’s huge!
#CBDD
Did I hear right? Changing the name to Mellow Enterprise over the coming months. I like! They have no interest in getting back into US market, and Q2 up 40% compared to Q1.
Some good takeaways!
#CBDD
Listening recorded now. Miss the 10 am start
CBDD Here is the recording of today's Twitter Spaces if anyone couldn't tune in at 10am.
Join our space tomorrow 3pm GMT with @PGurney_
— CBD of Denver Inc. (@cbdofdenver_) August 15, 2022
We will be answering shareholder questions, please submit these in advance via DM or Email
https://t.co/UaTGkE6L0z
Cool Beans all going as planned, just a slow ride back.
Hope CBDD has a great day today.
Good Luck Everyone Go CBDD
CBDD Good Morning Everyone. Well we have clarity on a name change which is needed to better represent the European roots.
Name changed and revenue increased are both great news
Much more is coming.
Denver, Colorado--(Newsfile Corp. - August 16, 2022) - CBD of Denver (OTC Pink: CBDD) reports Q2 revenue of US$1.3m and net income loss of $366,000. The revenue represents a 40% increase over the first quarter, as customer activity picked up from Q1 and prices began to stabilize.
News out! Name change to Mellow Enterprise
https://www.newsfilecorp.com/release/133930/Q2-Revenues-Up-Company-Name-Change-to-Mellow-Enterprise?k=cbdd
Well yesterday wasn’t the Q2 day, should be today before call.
Lets get this ball rolling CBDD, start today with great PR updates.
Q2
Acquisition
Mellow deal closed
Audits??????????????????????
Good Luck Everyone Go CBDD
Agree, CBDD normally puts them out after hours on the due date. Not looking for anything earth shattering with the numbers, but do believe we'll hear quite a bit out our future plans.
CBDD Good Morning Everyone! Most likely later this evening as usual
Today or tomorrow morning before call. Hope today
Anyone think we'll get Q2 today?
Let see, hear, read more great news from CBDD next update.
Q2 coming
Updates Coming
Acquisition coming
What’s not too like about CBDD
Good Luck Everyone Go CBDD
CBDD Meet Mellow - The Marketplace transforming the CBD Sector in the UK and beyond.
https://www.gs1uk.org/insights/news/meet-mellow-the-marketplace-transforming-the-cbd-sector-in-the-uk-beyond
Okay Monday = Letthe party begin.
On lookout for Q2 and updates before Call.
Hope we here more on all the action happening in Asia and plus plus counties becoming MJ/CBDD legal.
Fingers crossed for great updates.
Good Luck Everyone Go CBDD
Getting some more tomorrow. These cheapies are not going to last much longer! Going to rock soon IMHO $CBDD
CBDD Yeah it's due by the 15th of August. So this looks like an Earnings Call and company update to follow a press release.
I’m guess Q2 will be released beforehand.
All good things coming.
Good Luck Everyone Go CBDD
CBDD I think this next Twitter Spaces is a 10am ET either way set a reminder.
CBDD Just announced another Twitter Spaces scheduled for Tuesday August 16th at 3pm GMT which I believe is 12pm ET if I'm correct. Keep an eye our for more information and set a reminder on Twitter for Tuesday.
CBD of Denver will be hosting a Twitter spaces with @PGurney_ on Tuesday the 16th of August at 3pm GMT, to accompany some exciting updates.
— CBD of Denver Inc. (@cbdofdenver_) August 11, 2022
If you have any questions please submit via dm or email info@cbdofdenver.com
Movement and price like CSUI and I'd be happy.
Sleeping Giant is still sleeping.
Wake me when action returns.
Good Luck Everyone Go CBDD
oh right, i forgot about April statement.
It certainly won't be earth shattering by any stretch. I'm just looking for reasonable improvements over that fugly Q1 they put out. Paul did say April nearly beat all of Q1 so thats very promising if true. I don't really know how or if they can include Mellow revenue without the acquisition deal being closed so I already made up my mind that I'd have to settle for Q3 and 4 to see how they contribute to overall revenue.
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