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Insider activity, good news about earnings and stock...>.12 dip.
What drives this stock?
Noticed Roth listed as advisors on the 40mil. 2.00 warrants. Same analysts raising outlook.
With all that product on last quarters books numbers should be great next earnings. I'm dumping the whole thing.
Bought 30k to average and didn't sell. Serves me right. Been holding this a long time. It's impossible to tell what drives this beast. Management was able to get spending under control which was heartening then do this crap. How much discretionary cash do you need. Thought they were just green but they knew exactly what was happening. No more Nasdaq news. Killing interest diluting shares
And where did the last $40 million go to just a few months ago
They burn through cash and numbers don't change
They had a good thing going a few years back, pps pushing $7
They can't manage the business.
They just raised 40 million in cash at $1.65 for 24.3 million shares roughly. These funds secure Kushco further than raising below 1.0 which we stayed close to a year in.
Held this POS long enough. Way under water here but gotta cut the losses and git outta Dodge
Nothing is going to change here. Last week they released a fluff PR, got a very little pop, all the while they knew this BS was going to drop this morning.
These scumbags should be in prison picking up soap bars for 10 years
Wash, Rinse, Repeat
KUSHCO HOLDINGS, INC. PRICES $40.0 MILLION REGISTERED DIRECT OFFERING
Wash, Rinse, Repeat
It's like their personal ATM
This is a scam, only scumbags making money here are the exec team.
Watch for Form-4s next.
What a POS this is. Say good-bye to those $2 dreams. Going Down?
expected that why bought it
Sorry, 2.00. Not .02. I’m used to trading sub penny junk.
When it does break .02 it will run to .04 with ease.
Omg! Look at that cup n handel, break out! Im thinking 3.50 next stop! Todays action was insane! I didn't think they could hold. Omg this one us Crazy! Seriously long term hold on this one! Imo......this is a defiantly long term hold! OmG!
Omg! Look at that cup n handel! Im thinking 3.50 next stop! Todays action was insane! I didn't think they could hold. Omg this one us Crazy! Seriously long term hold on this one! Imo......
KUSHCO HOLDINGS, INC.
2016 STOCK INCENTIVE PLAN
Adopted on February 9, 2016, amended on May 8, 2018, February 21, 2019 and January 28, 2021
THIS KUSHCO HOLDINGS, INC. 2016 STOCK INCENTIVE PLAN (the “Plan”) is designed to retain directors, executives, officers, selected employees, and consultants and reward them for making contributions to the success of the Company. These objectives are accomplished by making long-term incentive awards under the Plan thereby providing Participants with a proprietary interest in the growth and performance of the Company.
Who are they freakin' kiddin??
They should by throwing their dumb stupid a**es out on the street not compensating them for a job well done.
Looks like the air leaked out and they are pumping up the tires again.
What we need is new management. I voted against the board and issuing new shares. Make them work for it and figure it out on there dime.
If every ticker on every market in every country went up, this POS would still go down.
Why don't they just shut their doors and put everybody out of their misery?
33 minutes after the open to go red. Not a record.
This thing is like pumping up a tire with a slow leak.
You pump it up to suggested psi then it leaks out slowly over the next couple of weeks
AH Thanks unit, I didn't see that. Surely that's it.
Roth Capitol raised the price target to $2.25. Not sure if this is the reason, but considering this pos never rises, it may have something to do with it.
What is this rise do to? I've not seen any news. Can't be due to the last Q report, could it?
I've already been in this at the top twice and rode it to the next dip. I can relate to your reverse split sentiment. Most folks don't snap... Thought I had done well w/a penny stock. Did it right, due diligence. Sure enough wasn't long till there was a Gen. Nutrition in every mall. What do mean rev. split. Can they do that. First of many hard lessons. Worse than T. Boone
Sorry to hear some or most are under water.
I got in at .80 a few weeks ago and will hold to the the q.
Loving this trade so far.
GLTA
You'll trade what? Places?
You'd better be able to dive, deep dive.
I am so far under water with this POS you can find me in the Mariana Trench
Looks like you were right about them selling a little weed. Nothing in the quarter webcast about the hemp business. Those 'wellness centers' seem to be good business for GTBIF and others. They're expanding the product line. Looks like they'll deliver your favorite flavor. Didn't MSRT claim that 2b a big revenue stream. Only hurts when I breath.
@Hobo Willy
if u think your position is grievous I'll trade
yes there is at least one other kush investor on here. Listened to first quarter webcast and would like explanation of difference in 'multiples' between nasdaq/otc. Ships unable to off load in first qtr. will + affect 2nd quarter earnings. Expect transportation costs to increase if covid prevents ship unload.
Well at least they seem to have gotten the out of control "expense" spending under control.
Freakin' idiots soon to be taken to the cleaners by TRTC. Stooges won't even see it coming.
Got out of this today with a small profit. I hope hangers on do well!!
Earnings today right? At least it's not the dreaded Friday after the bell news dump.
Not just the CEO who sucks and is a crook, it's full of scammers from top to bottom.
They make incestuous relationships between a few companies then bilk the shareholders. Jush is too stupid to realize and an an easy mark
Watch TRCT take all of Kush's assets and leave them a shell
TRTC has a new CEO...has anyone factored that into the equation?
Yeah, I hear ya. LOL, it's a B***ch!!!
Actually I am expecting improved numbers on Monday.
You should thank me, if I bought more it would undoubtedly go down even more!!!!!!!
GLTY
"Just seems like throwing good money after bad to me." I don't often do that, but trust me.. That little maneuver was accompanied by a healthy dose of anxiety.
At least they're good at one thing!! I wish I had confidence to average down. Just seems like throwing good money after bad to me. IMHO
I am way underwater here and have been for a while.
Lol.. make it 4. A couple weeks back I threw a couple K at this to average down a position I should have vacated over a year ago and now, find myself in profit. I'll get out soon. There are much better places to be. Even when they run out of bullets, kshb seems to find a way to borrow a gun so they can shoot themselves in the foot again.
OK, that makes 3 of us!!
Numbers on Monday!!
Are there any KUSH investors left here on the board?
This is like Chinese Water Torture or Death of a Thousand Cuts.
Choose your torture.
Do some research on both companies.
The morons of KUSH oversaw a drop in pps from $6.00+ all the way down to sub $1. They were on the verge of being listed on NASDAQ when the bottom feel out due to total mismanagement.
TRTC reverse split years ago to $4.00+ and now sits below 2 bits.
The difference is TRTC insiders got rich and bilked all their investors. KUSH was simply incompetent.
Now they are hooking up? Gee, I wonder who will come out on top of that deal.
While you're at it look what TRTC did to NRTI.
Yes! Makes perfect sense! KSHB CEO is a moron for getting involved with TRTC! He builds up a multi million dollar company but is soooo stupid suddenly to align himself with loser TRTC scam! Makes total sense what you say!
Wow... thanks for your solid logic and laser sharp insights!!!
TRTC CEO is a POS and TRTC has been an investor scam for years.
How they snookered KUSH execs onto their board is interesting.
Kush boys better make sure they still have their wallets, and their company when they leave a BoD meeting.
Kush CEO just became Director of Board at TRTC...
On December 10, 2020, the Board of Directors of the Company appointed each of Mr. Kovacevich, Mr. Ritter and Mr. Knuettel to the Board of Directors. Mr. Kovacevich is the CEO of KushCo Holdings, Inc., a leading provider of ancillary products and services to businesses in the legal cannabis industry. Mr. Ritter co-founded Ritter Pharmaceuticals, Inc. (now Qualigen Therapeutics, Inc.) and served as Chief Strategic Officer and Executive Chairman from its 2004 inception through its sale in 2020. Mr. Knuettel is the Director of Capital and Advisory at Viridian Capital Advisors, a leading cannabis capital, M&A and strategic advisory firm.
https://www.otcmarkets.com/filing/html?id=14559374&guid=s1OqUWaAZZPcLth
Maybe KSHB gonna start selling pot too, just just manufacturing supplies.
Interesting move by CEO...
Proactive on Nasdaq listing? No word from investor relations.
Impressive hold over 1.0 lately. Welcome back dollar land
Hello NASDAQ. Board quit diluting shares and go to work. Don't be like Ike.
Support for Harris' MORE act drives weed stocks. ACB up 1.19 12% Kush .07.
I've waited too long for these guys to right this ship. Bragging about reduction of officer salaries while stuffing shares in your hip pockets isn't that endearing to the investor. Might as well be crap tables and companionship huh big Ike.
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