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Just asking the question. If they are late on filing why are they still pink current. Is this odd.
Never said anything about a filing!!!!!!!
End of Month Coming Instadoser’s!!!!!!!!
With Exciting Times Ahead in AUGUST imho of Course wink
KEEP the FAITH!!!!!!!!!
Good Things Come to Those Who Wait ForSure!!!!!!!
INSD $$$$$$$$$
YUP GOOD THINGS COMING FORSURE IMO!!!!
“I’m So Excited and Just Can’t Hide It” lol
GO TEAM INSD $$$$$$$$$$$$$$$$$$$$$$
Yes. Companys direction will be another quarter before material changes manifest. Well in a report anyway. Lol
It will be no different than the last filing, revealing absolutely nothing.
These financials should be 10k for year end may 31
thanks Future!
lets see that 10-Q
hopefully there is some positive progress
moving forward for INSD!
End of Month Coming Instadoser’s!!!!!!!!
With Exciting Times Ahead in AUGUST imho of Course
KEEP the FAITH!!!!!!!!!
Good Things Come to Those Who Wait ForSure!!!!!!!
INSD $$$$$$$$$
sitting quietly until Aug 1.
:)
Opps looks like so eone owes Instadose an appoligy. Everyone needs to read the reports and not speculate.
JMO.
I think they have May 31 +60 days.
Thought it was weird that they aren't classified as delinquent yet on the OTC, so I went looking in the 10Q.
Found this nugget buried in there:
"In the opinion of Management, all adjustments considered necessary for a fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the nine months ended February 28, 2022, are not necessarily indicative of the results that may be expected for the year ending May 31, 2022."
Looks like small investor might have been correct. YE has moved from 11/30 to 5/31
July 16. End of fiscal Q2 +45 days has come and gone. No new filings on EDGAR.
Great job Instadose :(
Losers.
Yes your right. But the year end on the otc markets now says may 31 year end. Not sure if that means anything.
Their last 10K filing (annual report) was for fiscal year end Nov. 30, 2021.
Their Q1 end would have been Feb 28, 2022. They were late with that 10Q.
Their Q2 end was May 31, 2022. Their 10Q filing is due tomorrow, 45 days later. July 15.
source: https://www.sec.gov/edgar/browse/?CIK=1697587&owner=exclude
Well Im notice the year end on the otc market is may 31. If that is the new year end then they have 60 days to post financials. But i guess we will see.
im going to say no
but you never know lol
i hope they surprise me !
Two days till the 10Q is due.
Do they file within the deadline this time around??
Who's taking bets? LOL
speaking of which nothing on OSC on Grants trial, thought follow up was to be held in June.
Haha man is that funny
if you invested hard earned money into instadose. is it fair for them to issue shares like candy to the same people who have made bad choices. its kind of like rewarding bad behaviour.
if grant and co were honorable, they would pay transfer the shares for debt out of their position considering all the bad things happened under their watch. why should he end up with same share position. he failed. plain and simple.
yeah i appreciate the analysis and points
i was just bringing attention they were mentioned
for whatever thats worth good or bad
as some people here were wondering
lets see
yeah. but it also mentions this in article.
"According to the draft law, licences will be issued to cultivate a maximum of 150 hectares. Further conditions are also planned, including that the licence holder have a background in cultivating medicinal plants, and 51% of assets in a company that grows products or byproducts of cannabis in an OECD country. Companies must also have capital of ALL100mn (aound €840,000). "
Instadoses main asset is in congo licneces. even though they dont own them. go figure.
and they certianly dont have 840k euros.
as a shareholder. the most glaring problem for you is the issuance of shares for services. I would be irate. instadose raised money, wasted it, and now all shareholders have to suffer with further dilution. as a result of mistakes made. dreamteam.
https://www.intellinews.com/opposition-fury-at-albanian-government-plan-to-legalise-medical-cannabis-249431/
Instadose mentioned in article
Always happy to help someone learn the basics, sunspotter.
Section 5 of the Securities Act.
Enforced under Regulation FD by the SEC.
https://www.sec.gov/rules/final/33-7881.htm
Enjoy the read it. It outlines the rules and regulations around disclosure.
Here is the accepted outcome of this enforcement, specifically describing quiet periods around quarterly earnings:
Examples of accepted impacts and the definition of quiet period.
https://www.investopedia.com/terms/q/quietperiod.asp
https://corporatefinanceinstitute.com/resources/knowledge/finance/quiet-period/
https://www.thebalance.com/what-is-the-quiet-period-on-wall-street-357644
Examples of advisory firms guidance to maintain compliance:
https://gilmartinir.com/what-is-a-quiet-period/
https://icrinc.com/insights/quiet-period-questions-answered-for-public-companies/
CFO Magazine's guidance on maintaining compliance:
https://www.cfo.com/corporate-finance/2021/04/reg-fd-preventing-infractions/
Practical application from J&J, explaining their own efforts in maintaining compliance:
https://www.investor.jnj.com/guidelines.cfm
Again, happy I could help you broaden your knowledge as this was obviously a blind spot for you.
thanks fingers crossed Future
let see that 10-q!
maybe shed some new light on their
next moves
Hey Waaaaaaassssssup Instadoser’s!!!!
Nice to See Some Whatever Conversation Here lol.
CANNABIS is Going to be around for a Very Long Time!!!!!!
Once all the Dust Settles, It’s GAME TIME!!
Looking Forward to ABSOLUTE DISRUPTION as INSD Make HUGE 5D Chess Moves!!!!!!
STAY STRONG
STAY POSITIVE
STAY SAFE
INSD $$$$$$$$$$$$
Good for you. Lol but someone has to tell you... who cares
“Yada yada look it up”
I don’t need to. I know you’re wrong.
Yada yada look it up
“The Securities Act.
Section 5 has been extended to encompass quarterly earnings as well as IPOs and is enforced by the SEC. “
No aggression. You’re just plain wrong, which I guess is why you can’t provide a link to support your contention.
lots of repetition of what we all already know
Grants follies, instadoses failures scandals, pumping and invalid promotion etc etc
same posts over and over
im interested in is now and what is going forward
are they attempting to turn this around or have they disappeared into the sunset gone ghost
The Securities Act.
Section 5 has been extended to encompass quarterly earnings as well as IPOs and is enforced by the SEC.
Why so aggressive about this? This is common knowledge.
“The Securities and Exchange Commission (SEC) enforces quiet periods in relation to ……… the release of quarterly earnings reports.”
Show me the regulation that states that requirement.
Bet you can’t.
Nope.
The Securities and Exchange Commission (SEC) enforces quiet periods in relation to both IPOs and the release of quarterly earnings reports. It applies to all the companies whose stock shares are already being publicly traded. Specifically, it pertains to the time periods when publicly traded companies’ quarterly earnings reports are published.
You could argue that their current standing on the market doesn't qualify them for this, but I am not arguing how this applies to INSD. Just that quiet periods exist around quarterly reports with some wiggle room to share information if necessary.
Again, not saying that this is the reason they are quiet.
Knowyourbiz is itching to share, but can't. I'm just more pessimistic given INSD's history of sharing information and it not coming to pass.
shouldnt instadose have been quiet during the period before they officially closed the transaction. Instead they ran an illegal stock promotion and issued an assembly line of coordiated news releases. just sayin.
as well. they have a habit of putting out these glowing promotional news releases, then when shit goes sideways, they bury the bad news of it not working in a filing.
All of it. There’s no quiet period required before a 10q or 10k.
You might be thinking of IPOs but that’s a different situation altogether.
What part?
The fact that quiet periods exist or that it's the actual reason they are quiet.
First rule of fight club....
“ Can't say anything between the time the quarter ended and when it's reported.”
That’s bullshit, of course.
Currently they are in a quiet period. Can't say anything between the time the quarter ended and when it's reported. July 15th is when they are due for their next filing.
...but I wouldn't hold my breath. Hopefully you didn't lose too much on this.
Congo. I woukd have some money out and back in my hands. LOL
would you rather they go back to the good old days where they illegally promoted the stock with materially false info? paid shareholder money to disseminate lies like in 2018 where they said they were the largest cannabis producer in world?
how about the world record shipment that turned out to be worthless.
if instadose just eased back on these lofty claims and tried to grow the compnay normally, without the sideshow, they would probably be a lot further ahead IMO.
yes. it is slightly outdated, but it still applies.
yes flora was granted that, but they will never meet it. lots of crop falirures
as well, the law is kind of confusing. so even though flora may have that large of an amount for entire 12 month period, they still have to demontrate they can grow. so they have a certain calculation based on acreage, as well as yeild per sg meter company attained during seed evaluation. so ill use simple math. lets say flora is given that amount(46k kilos), they will be given a quota for no more than 10k plants at a time. they then have to demontrate they can grow that amount before they get more. it is confusing, but overall as a country, they are still adhering to the total.
clever leaves was given a very similar size quota in colombia, 80 usd million into their facilities, and they have pretty much shudderred all production. too many issues with microbials.
It may go away with new president though as he is pro cannabis.
All this t means nothing. The question is why so quiet no news. Is this company even a live. Those are the questions to ask. Are they shipping. Are they buying. Are they selling. It seems like nothing is happening. People are getting restless.
Ya probably. UN changed some of the rules on cannabis in 2020-2021, but I cannot recall the specific implications to Canada.
Congo is super sour on INSD, which is fine and very likely warranted, but there is no point in encouraging the dissemination of old information on an emerging industry.
Encourage the appropriate facts instead of mud slinging.
Not a sarcastic comment towards you. But I'd just say, "ya think" isn't canada still in breach of UN treaty post legalization. Lol will wonders never cease.
Your info might be wrong or outdated. I recommend looking up "resolution 539 colombia"
In found a bunch of PR pieces from growers. Below, Flora alone was granted a 43600 kg license.
"April 1 2022, the Government of Colombia finalized the cannabis flower regulatory checklist under Resolution 539 permitting licensed cannabis cultivators with export quotas, including Flora, to pass a mandatory approval process for the export of both CBD and THC flower."
https://www.businesswire.com/news/home/20220404005388/en/Flora-Growth-Recognizes-Colombia%E2%80%99s-Completion-of-Cannabis-Flower-Export-Rules-Prepares-First-Export-Under-New-Regulations#:~:text=On%20April%201%2C%20the%20Government,both%20CBD%20and%20THC%20flower.
Not saying this applies to INSD but rather that your info on Colombia may no longer apply.
probably more shares issued for salaries. no money. no sales.
where is the 100k kilos per month coming out of colombia. too funny.
you guys do know that under UN rules, in which Colombia is following with respect to psychoactive cannabis, the entire country only has 60k kilos available for the year. but instadose is going to produce 100k kilos per month. hahahahahahahahahaha. cool stories instadose.
They've got a 10Q report due in about 3 weeks. July 15.
For the quarter ended May 31, 2022.
Wonder if that will get filed on time, and if so, what will it contain??
Wow everything is so quiet. Wonder whats going on.
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