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I dumped $2000 into these lieing POS. I have saved every communication. They had to settle with the SEC for their violation. What does the SEC do with that money. Some should go back to shareholders they scammed. When I first threw this money in the trash. I thought it was a for sure winner in the cannabis sector. I have come to relize it is the worst cannabis investment I have ever made. It is time to take these MF down.
I just remembered I dumped $400 into this supposed IPO back in 2018 and they just stopped communicating. I would be happy to join a class action suit with you all just because I'm pissed off, I don't care if its on $400.
Same here. Im going after them in any new way I can come up with. They need some attention.
I called yesterday..It seems EQ has recently been let go as shares holder and they were told HTHC was seeking a new goat to scape; they only were given the info@hightimes mail to echo for info.
re High Times Holding Corp. (fka HTHC): the following post on this board may explain what happened to High Times Holding Corp.:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172782547
You may be able to glean some info on the I-HUB board for Lucy Scientific:
https://investorshub.advfn.com/Lucy-Scientific-Discovery-Inc-LSDI-41850
This is the SEC EDGAR link for Lucy Scientific:
https://www.sec.gov/cgi-bin/browse-edgar?company=lucy+scientific&match=starts-with&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany
How is it legal for them to false advertise and scam us on top of the false advertising? Has anyone made any progress I have been trying to for awhile and I’m stuck in an infinite loop of getting no answers. I’ve contacted high times at this point for the last three years with no response. If anyone has info on anything, please let me know.
Real shame they can steal money from investors,not have to repay them and get slapped on the wrist by the SEC for what I imagine is not even a fraction of what they've stolen from us.
Update, and still trying to see if funds put into High Times will amount to anything for us. It sounds like it is still possible; but I don't understand the details enough to know. Reading LSDI's (Lucy Scientific) SEC filings, it says they entered into an agreement with High Times 9/7/23 with Closing to be mid September '23 or the Outside Closing Date 9/30/23. It also says both parties can extend the Closing. There haven't been updated filings to show the Closing, or any more recent Reports that address the Acquisition. In Lucy's reports, it indicated in 2023 that they announced an Acquisition in March 2023 and later added a note about Closing that Acquisition in June 2023, about 3 months later. The HT Announcement was about 4 months ago, so it appears we are waiting on news of the Closing. We may have to wait for another Quarterly Report by Lucy to get any update. A subsequent Acquisition by Lucy of BlueSky Wellness announced shortly after the HT Announcement also has not had an update about any Closing. So we will have to wait for future filings to see if the HT deal does close. If it does, then we can wait and see if it amounts to anything for us HT (supposed?) shareholders.
Here is a great article, asking great questions and explaining things in simple terms. One, the deal may not even happen. Two, High Times is in Receivership already, and the deal would need to be approved. No news on that front. Three, according to the article, regular shareholders' (us) shares have already been devalued down to $0.05 per share. OK back to being screwed. Even if the Lucy deal does happen, sounds like we will get pennies on the dollar moving forward. Read the short article here: https://cedclinic.com/lucy-scientific-mum-on-high-times-deal/
I'm not so sure yet Scout. EQ only had 1 of 3 purchases of stock I made. They said it was up to High Times to fix it. HT did eventually email me back saying they showed all 3 purchases of stock. So I am sure there is a record, and you should document your purchase for your own records. I have HT emails with mine. This was probably a year ago, not recently. Also, I've gone back and read press releases and what Ed58 posted seems to have been said more than once, also that it would "create liquidity for HT shareholders." I don't have reason yet to think our shares are gone. If the company HTHC High Times Holding Company still exists, then we still own shares. And if we own shares and HTHC receives cash and assets, etc. we should receive something, from what I can see. However, I don't know the deep details of the transaction. LSDI bought assets and is giving HT (HTHC? they have tons of entities) cash and stock. I wouldn't say we are out of luck yet.
Unfortunately it doesn't look like us investors are getting any of those shares. Our hightimes shares were removed from the transfer agent at some point this year, as if we never had them in the first place. Now nobody at hightimes will respond to me. It seems Adam Levin and co at hightimes might've already received the LSDI shares and have been selling en masse (just look at the LSDI stock chart over the last month, lot of big volume spikes over the past few weeks).
Interesting news...is this turkey finally going to fly?
Lucy will issue a yet-to-be-disclosed number of shares of stock to High Times. These shares, along with additional ones that may be issued as “earn-out shares,” will be registered for resale under the Securities Act and will be distributed among High Times stockholders.
storylink
Is this why I also cannot log into my investor account without getting a CSRF token error?
Lucy Scientific Acquires High Times Intellectual Property, Including Existing Licensing Agreements in All-Stock Transaction
https://www.globenewswire.com/news-release/2023/09/07/2739298/0/en/Lucy-Scientific-Acquires-High-Times-Intellectual-Property-Including-Existing-Licensing-Agreements-in-All-Stock-Transaction.html
Looks like HT shareholders will end up owning 20% of publicly traded LSDI, but it's unclear how much actual value that equates to for shareholders. Furthermore, I called EQ Shareowner Services yesterday and it seems HT quietly removed that company as transfer agent some time in the past 9 months and has either not moved our shares to a new agent or simply has not told us about it yet. So I don't know where are shares are even held anymore nor how shareholders will even receive LSDI stock.
Look at my post from 3/9 and the link to the article. It says where they stand, which is on the brink of receivership. They've failed to pay debts and have until September 30th to make a final payment. Who knows if they have even made the prior payments per the agreement. The assets of the company will be sold, and maybe someone will buy them and do something with "High Times." Investors in this High Times debacle (like myself) will lose all their "investment." Shares will be worthless. September 30th cometh quickly...
What happened to HIGH TIMES?
Did HIGH TIMES disappear?
High Times fails to pay up in 420.com dispute.
https://domainnamewire.com/2023/03/23/high-times-fails-to-pay-up-in-420-com-dispute/
High Times in the News - and not for Good!
This article tells where things stand. HTHC has until September to pay off creditors and refinance debt. Not looking good folks. I wonder what happens to HTHC shares if they default, and this Mr. Kunkle receives the company?
https://www.investorsobserver.com/news/qm-news/4969037801551876
Ugh, bad news. Nothing from the company, and it sounds like they are failing majorly. Lawsuits, in default, a subscriber says she has not gotten a magazine since August. Not looking good kids.
From Oct 2022
https://www.greenmarketreport.com/hightimes-sues-original-magazine-owners/
First Shareholder update email today after one year! It actually sounds very positive and that things are finally progressing in a good direction with good leadership. The CEO sounds like a competent leader and stakeholder. As we get further from the lockdown and Covid, I think things will pick up for HT, especially with events and stores. Very positive and transparent news about working on their financials for 2019-2021.
I am having the same problem. EQ only shows 1 of 3 stock purchases and says it is up to HT to sort out. HT emailed back saying they show 3 stock purchases. Shit show, of course. But it will probably get sorted out. The question is will it be worth it or not? High Times??
Thanks for posting this info. I just filed an email query on how to authenticate holdings. Any luck so far?
- best,
pappi
EQ Shareowneronline are now receiving information and stocks from HTHC. The problem now is that they are not transferring all my stocks shares. I'm trying to contact the right people in order to fix this. I have 15290 shares with this company and I want all my shares transferred.
Finally got my info to create an EQ account to check on my (worthless) HTHC shares. Only 1 of 3 share purchases worth of shares are showing at EQ. I have taken screen shots of the transaction history on the HT Investor website. Now I have the fun of following up on this. I suggest anyone get screen shots and/or bank transaction history for any purchases of shares made on the HT Investor website. I doubt anyone will be able to access anything through V-Stock or whatever company it was that held them before. Ugh...
IMO. Merge with MEDMEN.
These delays have gone on long enough. Did anyone know that their CEO quit? I don't know about any of you, but I want my money back. I am know ready to start class action suit against HTHC. Who's with me?
Thanks for the update Waves70.
Can you post the # to call or the email addy here?
Stock transfer update. EQ does list Hightimes Holding Co. in their list of companies. I called 2x for 45 mins and had to leave a message. They said it is due to tax season that it is so busy. They finally did call me back, and they said they need to send me information in the mail, not email, to create an online account with them. They also had the wrong address for me from old V Stock. V Stock had 2 accounts for me under 1 login. I had updated my mailing address with them, but I'm sure there was a glitch and they transferred the old address. I think eventually EQ and HT would get around to notifying shareholders, but it would be prudent to call EQ or email them (leave a call back message) and request the account info you'll need to create an online account. Also make sure your address and contact info is up to date. It sounded like they were not taking any more investments for HTHC at this time, but that is not sure. The interim CEO of HTHC sounds legit and is a founder, shareholder, or whatever. I'm sure they'll look for someone else. Anyway, the shit-show continues...
I believe HIGH TIMES and MEDMEN should merge. HIGH TIMES kiosk in each MEDMEN store.
Why would they change unless they couldn't pay their bills or some other bad reason, right?
GreenGrowth a dead company, you mean ex-CEO P Horvath? Now Paul Henderson of High Tides. I don't know, but I would assume they paid Horvath a ton of money to come on board, and maybe he negotiated money if he left. I hear more of a sucking sound for investors here... What a shit-show I bought into.
Wow, thanks for this heads up. I am going to check on this now, too. I'm not too worried about them saying I don't have shares, as I have emails and bank transactions. However, good practice to take a screen shot. I keep wondering how they can continue to take investments when the SEC supposedly stopped them. Maybe because a third party is holding the money? But they must receive the money. Class action lawsuit to get something back?
Sorry, but sending emails is futile here. They haven't updated shareholders at all in almost a year.
Guess who the CEO is? GreenGrowth.
I've sent multiple emails with no response. I also emailed the transfer agent listed on the website. She said they are no longer the agent and gave me the new one, but Hightimes is not even listed on their company list.
New transfer agent.
Heads up shareholders, I tried to login to V Stock Transfer yesterday to take a screenshot of my ownership percentage—been doing this quarterly in the offchance this ever goes public so I can prove ownership. Or to claim fraud if they try to tell me I never owned shares. To my surprise I wasn’t able to log in even though last time I logged in was December. I reached out to V Stock and was told “We are no longer the agent for HighTimes. You will need to contact EQ Shareowner Services for assistance.” Yet another bad sign that they have changed transfer agents without informing shareholders. Not a surprise, just another aspect pointing to a scam. I have yet to hear back from EQ, but I recommend other shareholders reach out to them too. I have a feeling I’m in for some sort of response along the lines of “oh I’m sorry, we have no record of you ever having ownership.” Luckily I have screenshots going back to 2018!
The CEO is a hemp head.
High Times Reg A Offering extended through March 31, 2022 - again. Oddly, their filing says the offering is "paused" but they have continued to take investment and post a higher number of "investors." The SEC is really allowing this sham?
CEO Peter Horvath appears to have left High Times, or been let go, according to his LinkedIn profile. He lists his time with High Times as May 2020 - January 2022 and lists his position with Retail Solutions Group (something he probably made up or "started") as his current position.
https://www.linkedin.com/in/peter-horvath-26241a5b
HT Reg A Offering expiring Jan. 31. Extend again or Fold?
It would be a complete waste of time, so is emailing them. They do not answer anything. They have not put out shareholder emails since March of 2021, coming up on a year. They have not filed financials fully since 2018. They will not be able to do anything with stock until their financials are up to date. They are intentionally sitting on their financials, knowing the massive debt will sink their supposed "stock" price.
We all "donated" money to this scam, not invested. They last extended their Reg A offering to January 31sr, 2022, which is very near. Watch, in a day or two, they will file to extend further; or, they will pull the plug.
Oh.....Peter Horvath, most current CEO, still listed on the HT website, is no longer with the company, according to his LinkedIn profile as of this month, January 2022. He was most recently associated with another unsuccessful cannabis venture, not a savior of companies. Another one bites the dust!
How the SEC has not cracked down on this scam is beyond me. How can they get away with putting on video and in writing that, "this is the final extension of the Reg A offering," and "we will be going public?" How can HT continue taking investor money, when the SEC says they must stop, unless it is not really theirs yet and is being held by the 3rd party custodian? If that is the case, it would seem the custodian could return the money. If not, and HT has received and spent the money, wouldn't that be a massive violation of the SEC's stop order?
Anyone more knowledgeable please post.
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The Most Well-Known Brand in Cannabis Expects to List on the Public Markets In Q1
LOS ANGELES, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Hightimes Holding Corp., the owner of High Times®, the oldest brand in the cannabis industry, has today announced the final extension of its highly successful Regulation A + crowdfunding campaign, having raised over $35 million from more than 30,000 investors. While the company has extended it’s offering through the 31st of March, 2021, it anticipates to list on the public markets during Q1 of this upcoming year.
“After the transformative year that was 2020, we could not be more excited to push on into 2021 and finally introduce our company to the public markets,” Hightimes Holding Corp.’s Executive Chairman Adam Levin stated. “It’s been a long road to get here, but the widespread support from investors from all over the world illustrates the global reach of the High Times brand!”
The Regulation A+ offering comes during a time of massive growth for the brand. After announcing its intent to enter into plant-touching operations less than 12 months ago, High Times is on its way to becoming one of the largest operators in California. Having already amassed a portfolio of cannabis licenses including operational stores as well as a thriving delivery service, the company additionally entered into a licensing deal that brought THC products and retail stores bearing the brands name into the Michigan market. While the 46-year-old industry cornerstone is famous for proliferating the cannabis market before it existed legally, the company has started selling the products it has talked about for many years.
The Regulation A+ offering, which is paused pending the filing of the Hightimes annual report on Form 1-K for the year ended 2019 and its semi-annual report on Form 1-SA, has been extended through March 31, 2021,
Today marks an historic milestone for Hightimes Holding Corp. and the tens of thousands of people who have invested in it. On February 20, 2020, the company announced that it received notification from the Financial Industry Regulatory Authority (FINRA) that it has been granted a trading symbol, clearing the final regulatory hurdle to list on public markets. FINRA’s approval means that investors in Hightimes Holding Corp. can begin trading shares in the company.
Public trading was the goal of High Times’ Regulation A+ offering campaign, and the commencement of trading will mark the culmination of that campaign’s tremendous success. As of yet, Hightimes Holding Corp. has not issued a start date for trading. But a planned listing date will be determined in the near future.
High Times, the world’s best-known cannabis brand, has always been about connecting people to the plant. That more than 45-year commitment to the cannabis community is what fueled the company’s efforts to expand through its recent Regulation A+ fundraising campaign. And the cannabis community responded—in a big way.
To date, more than 23,000 people, from loyal High Times fans to cannabis enthusiasts and early believers in the brand’s mission, have become shareholders of Hightimes Holding Corp. “This has been one of the most widely subscribed to offerings in history—across any industry,” said Adam Levin, Executive Chairman of Hightimes Holding Corp.
Regulation A+ offerings lower the barrier of entry for public investments, and High Times’ was no different. For a minimum investment of $99, equal to nine shares at $11 per, anyone could claim a stake in the future of the company. Now, with its approval to list and trade shares on public exchanges, High Times’ vision for the future is that much closer to being realized. “We’ve proven the strength of our brand, and of the community we represent,” Levin added. “We’re excited for this next step.”
2020 is shaping up to be a banner year for the High Times brand, and big things are in the works. This year, High Times plans to expand into retail experiences with its first two brick-and-mortar dispensary locations in Los Angeles, California and Las Vegas, Nevada.
The company also plans to add nearly a dozen more events and increase its footprint to 25 locations both internationally and in the U.S. That means more Cannabis Cup festivals, even better access to products and services and more opportunities to connect with the rapidly growing legal industry.
In 2018, High Times acquired DOPE magazine, CULTURE magazine and the website Green Rush Daily, with the aim of cementing its place as the largest name in cannabis and the ultimate media destination for cannabis consumers of all stripes, from the canna-curious to marijuana for-lifers. The company’s digital presence, alongside its continuing expansion in licensing and ecommerce, means High Times has the opportunity to reach consumers wherever they may live.
“My history in ecommerce should help the company as we develop both our retail business as well as our direct-to-consumer delivery options in markets across the globe,” said Stormy Simon, High Times’ Chief Executive Officer.
Although a start date to trading on the public markets has not yet been announced, time is running out to participate in High Times’ Regulation A+ campaign. The offering can be extended until March 31, 2020, unless all 4,545,454 shares are sold before that date.
High Times is encouraging interested investors to visit hightimesinvestor.com to view the High Times offering circular. Those interested can also email investor@hightimes.com or schedule a call with the brand’s investment team at https://calendly.com/hightimesinvestor/30min.
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10/1/2020- The HighTimes State of the Union -- Shareholder update via E-mail from Adam Levin
If you have a question for High Times in regards to their financials or plans to become a publically traded company please utilize this link
https://ir.hightimes.com/
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