DionyMed Brands Inc. (fka DYMEF)

[Renee]

DYMEF: effective Nov. 2,2020 FINRA will delete the symbol as inactive security.

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Golden Cross]

DYMEF Daily Chart

[Golden Cross]

$DYMEF Tier_Change: Pink Current to Grey Market

OTCM Link
https://www.otcmarkets.com/stock/DYMEF/disclosure

[jk1283]

The website https://www.orderchill.com
Is doing amazing. Hopefully they can expand.

[willlbone]

Under 2 cents today. DieMF

[PSully]

10 days to bankruptcy. ,,,,The Company is reviewing and considering the Demand Notice and BIA Notice and its options.

[PSully]

DionyMed CEO & COO Step Down. DionyMed Receives Notice of Default and Demand for Payment and Notice of Intention to Enforce Security

[djmurdock]

Or the doors are closing and we just lost everything. Sucks.

[Nextinline]

Or not.

[Nextinline]

We are early to this party.
L.A. campus should be opening “in about a month.”

As far as the takeover,I would say our new owners are quite shrewd.

[djmurdock]

Halted....Hopefully the buyout is going through and part of the conditions were for the CEO to resign.

[mrd4444mrd]

That's awesome.

[Nextinline]

https://weedmaps.com/dispensaries/chill-supply-co

[Nextinline]

https://www.orderchill.com/?utm_campaign=SF%20delivery%20is%20back%2010%2F9%20-%2010.3k%20%28JBmDAY%29&utm_medium=email&utm_source=Klaviyo&_ke=eyJrbF9lbWFpbCI6ICJydGh5bGFuZDlAZ21haWwuY29tIiwgImtsX2NvbXBhbnlfaWQiOiAiTmJFVEhEIn0%3D

[Nextinline]

Medmen / pharmacan deal is now OFF the table.

Is it possible that Medmen could aquire Chill Supply Co.

That would make sense if Medmen planned on focusing on California.

Who knows.
I would say we are in a quiet period.

SHushhh!!!!

[djmurdock]

Ha! Good one. Buyout is coming any day now IMO.

[Nextinline]

“You can’t commit suicide by jumping out of a basement window”

Happy Trading

[jk1283]

Just bought a decent starting position. Looks like only place to go is up. GL everyone.

[Nextinline]

https://www.marijuanamoment.net/house-approves-marijuana-banking-bill/

[Nextinline]

I found this on the internet.
I thank the poster for great info.
Flow capital wants 2.7mm USD back, for roughly 4.9mm which is peanuts for a company selling 40-50mm USD annually. (As of June 2019 ALUMINA PARTNERS LTD will provide Dionymed with up to 32mm CAD over a 24 month period) This has not changed.

Keep in mind, that margins are increasing. Dyme has been recently awarded three additional delivery licences in San Francisco and Los Angelus. In addition to this a distribution agreement with WOAH CANDY and California based FRUIT SLABS “while not a game changer” adds to bottom line. What’s noteworthy is the acquisition of MMAC’s Los Angelus cannabis campus which includes, cultivation, manufacturing, retail and distribution licences, which should improve margins enough to noticeably impact the books positively.

The steadily growing avenue for retail has been growing for DYME thus why we see a respectable 10 to 13mm USD per quarter sales “Look around and compare sales to some of the largest caps” DYME has no issues unloading product. Where Dyme falls short is margins due to an insufficient amount of in house production which should improve further due to MMAC cultivation that offsets in-house brands vs smaller margin resale brands not owned by DYME.

The unfortunate news is the countersuit by EAZY TECHNOLOGYS, should EAZY win and DYME fail to prove the accusations which bear grounds to breach contract.

Regardless of an EAZY win “no pun intended” one would have to view damages as “overall” minimal, having correlated EAZY sales before and after the separation. Try to determine value of a so called “key” employees that may or may have not impacted possible future profitability of the company “I would say it’s very difficult to theoretically value an employees absentse” and question the actual loss “If any?” These employees have since been replaced with others similarly capable right? Of course they have. They’re trying to build a well oiled machine regardless of any setbacks.

Success is measured in dollars, should EAZY win countersue, they’re going to have to provide losses incurred due to Mr Fields direct actions, and with that being said, I don’t believe the losses to be substantially crippling. By then, i do believe dime will have a solid enough foundation to incur any reasonable judgement place upon them by law. We’re looking at a couple years before settled if Edward wants to play it safe. Just my humble opinion. I do favour the low caps.

BigCungus


Read more at https://stockhouse.com/companies/bullboard#DfDPYhYoDMCteJTB.99

[djmurdock]

Totally agree, Dionymed is obviously just their corporate name, not brand name, but still terrible, not helping their case at all. CHILL would be way better.

[Nextinline]

OT:
Have you seen TCNNF balance sheet?
I’m holding some of that to offset some of my more risk associated trades in this sector.
I’ m holding DYMEF .
I just wish they would change the name from Dionymed to “Chill”.

[djmurdock]

Just saw a massive billboard for CHILL in downtown San Francisco, very prominent.

[Nextinline]

If Dominos can make a profit selling pizza door to door, Chill should be able to make a profit pushing THC/CBD.

[djmurdock]

Smart money knows a buyout is coming, probably in the next few weeks. Nice high of day close too! Looking very bullish.

[Nextinline]

We could come out of this holding shares of Cresco,Curaleaf,Ianthus.
Who knows?
Might even be MedMen! LOL.

[djmurdock]

I think that's why the CFO was fired. He blew it. They just got another $3M loan, so they should be able to at least make payments and get current.

I agree they should have done a PP when the PPS was over $1. OS is very low and the float is insanely low at 20M.

For the almost guaranteed chance of a buyout down here this is a great buy IMO

[djmurdock]

99% chance a buyout is coming in the next month. They basically admitted it in the last PR. Revs could be 70-80M this year.

100M revs next year possible. Same as Aurora and Canopy HAHA! 6B MC vs DYMEF at 10M!!!

[Sunblazers]

https://thedeepdive.ca/dionymed-brands-to-be-taken-to-court-by-flow-capital/

They have to settle their current situation though, financing tied to assets so unless they can do some negotiating to keep creditors happy they will have to issue shares or get bought. I’m really surprised that a business this large and what looked to be very successful in the not too distant future got themselves in this situation instead of just issuing shares when pps was higher just like all the other mj companies in the sector? They only have I think like 58 million shares out there.
Anyone buying now down here?

[Nextinline]

So...
This is a buy at .14 cents.?

.14 X 66,000,000 shares =$9 million.

9 million market cap for online ,statewide,California cannabis company named “Chill”.
First quarter rev. 14 million.

My speculation:

Buyout target.

[djmurdock]

BUYOUT COMING! Buy while it's dirt cheap! Market cap right now is the same as hard assets and the same as their quarterly Revs!!!! Insanely undervalued!

The Company requested a halt in trading when there was a strong possibility it would announce a transaction in the ensuing days; however, multiple other potential transactions of various types have surfaced, all of which require more time for evaluation. The Company is not able to say with certainty whether any of these transactions will be considered, or if considered, entered into, and will provide an update in due course. Any transaction may be subject to definitive documentation, corporate approvals and other regulatory and third-party approvals.

[willlbone]

Dyme for a dime.

[PSully]

https://equity.guru/2019/09/19/dionymed-dyme-c-restructures-business-way-moths-restructure-closet/

[PSully]

Restructuring means: common shareholders are out.

[djmurdock]

Based on their hints in the last PR and lots of rumors swirling around they are getting bought out. I have a feeling who ever is buying them wanted a shake up and that's why they had to restructure, do layoffs etc

I couldn't see it less than being for $1, maybe even $2 or $3. A dollar buy out would only be about $65M and they are worth way more than that.

[willlbone]

All those laid off workers dumping their shares and options.

[Sunblazers]

https://www.greenmarketreport.com/eaze-fights-back-as-dionymed-stock-trading-resumes/

[Sunblazers]

I th8nk I read somewhere that once Gotham green lent them the last financing they instantly started shorting the stock to kill conversions. Gotham are some greedy fockers. I want to buy more to average way down but there is something about this company that isn’t right. Nobody giving them any respect and on fintwit they act like death spiral financing will bankrupt them? They service largest market in the world and if you believe their accounting this should be a homerun. Not sure why the coo resigned either? Is anyone buying at this level...

[djmurdock]

Me neither. With todays action this is the most undervalued cannabis stock in the sector. By far. I said this 2 weeks ago and now it is beyond undervalued. They have 15M in hard assets, about 30M in goodwill and revs this year will be around 60-70M I think.

And there is barely any shares, only 20M float!!! PART OF THE REASON IT'S SO VOLATILE. I just have no idea who the Fawk was selling today at such low prices? Why sell at such a huge loss?

[Sunblazers]

I don’t get it, I know they got some shitty financing but business model should be great. Distribution, delivery service in worlds largest market, branding, expansion? What am I not seeing here? Not a ton of shares out there, not too different from all the other mj companies? I don’t understand.

[djmurdock]

Welp, that was a huge donkey punch. Ouch. Sounds like they might be bought out soon.

[willlbone]

A little dope music.

[mrd4444mrd]

False

[willlbone]

Bid sub teens.

[mrd4444mrd]

Informative stuff, thanks for posting

[willlbone]

DYME bag holders.

[mrd4444mrd]

https://ir.dionymed.com/news-events/press-releases/detail/39/dionymed-brands-provides-financing-update-announces

[mrd4444mrd]

Halted pending news

[djmurdock]

Dang, WTH happened here? I'm already down like 35% Yikes ha. Now it just seems beyond undervalued.

[Nextinline]

7 day old article.
Trust the source(https://www.forbes.com/sites/joresablount/2019/09/05/online-cannabis-sales-are-about-to-flourish-with-the-rise-of-cannabis-marketplaces/