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I think it’s also worth noting that almost a billion of those outstanding shares aren’t in the public float.
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.otcmarkets.com/otcapi/company/financial-report/352490/content
"So you agree, a REVERSE SPLIT is needed to get the outstanding shares in line with the market cap?"
Dude - a reverse split does NOTHING to a market cap.
Look ... it's like this (but much bigger, of course)
100 shares of a stock at $1 = $100 market cap. do a 1 for 2 reverse. Now, it is
50 shares of a stock at $2. Market cap?? Yep, the SAME $100.
A revers would change the number of shares outstanding, plus change the price. But has nothing to do with market cap.
ANother way to put it. What company is worth more in market cap. ONe at $2 or one at $5?
Well, if the one at $2 has 100 shares outstanding, that give it a market cap of $200. If the one at $5 has 30 shares outstanding, that gives it a makret cap of $150, or LESS than the $2 stock. Market cap is both sides. Shares times price. Changing the share with a split or reverse changes the price reversely, and the market cap remains the same.
A reverse can help a stock at times. Most of the time though it hurts. Better would be to keep earning positive earnings, expand the company, get the earnings even higher, than do a share buyback or a reverse that allows the stock to get to a new level of market. Not right now though. I see a reverse right now as a negative. And no, it would not increase OR decrease the market cap.
So you agree, a REVERSE SPLIT is needed to get the outstanding shares in line with the market cap?
I took dilution into consideration. Notice I didn't say the price is LOWER now than in 2013. It IS, but because Of the dilution, I used the market cap of the company. Mentioned it is HIGHER than back then, even with a lower price. And the market cap has not kept up with the value rise of the company, IMHO. That's why I said now it seems worth buying. Not the price, but the valuation. That includes dilution.
But but - DILUTION KILLS! Back then
The number of shares of Common Stock of the issuer outstanding as of May 15, 2013 was 68,460,139.
Here is what it is now... sigh...
https://www.otcmarkets.com/stock/LVVV/security
But nothing a 1 for 1000 REVERSE SPLIT wouldn't fix, no?
I have been invested for a long time and have cost averaged a lot over the years. Hopefully next year the PPS reflects the actual finally increasing Net Revenue which we should start to see a big boost of in Q4 filings for 2022!!!
Let’s F¥<€ing GO!!!
So... why are my shares not at $1.00? I'll not have enough to buy that new helicopter at current levels. Come on Bill, get this puppy barkin'. Best wishes to all longs.
Nicely done...
GO $LVVV
I think it is GREAT to compare where we are today to back then ...
<<
From the 2012 10k
Sales $148,034
General and administrative costs $1,605,766
Cash and cash equivalents $2,110
Total assets $68,947
Total liabilities $959,976
At .03 per share the company is valued at over $2,000,000, assuming no additional shares were issued since end of 2012. Ask yourself a question. If you had the money, would you pay $2mil for this company??>>
Nope. But now?
<<
During the nine months that ended September 30, 2022, revenues amounted to $1,250,351,>>
Ten times back then. For 9 months.
Assets an liabilities? You showed how bad it was in 2013. And it was! Now? Asserts are NOT $69K, and liabilities do NOT come in at 15X assets. IN fact ...
<<At the end of September 30, 2022, assets increased to $5,672,255, an increase of $1,151,378 compared to December 30, 2021. Our assets exceeded our liabilities by $1,512,470.>>
Almost 100 times the assets! And still growing. Again, just at 9 months, not the end of year.
<< We expect this trend to increase for Q4 of 2022 and even further during 2023.>>
Making a profit now too, for more than 1 quarter in a row.
<<Profit (Loss) from Operations. For the nine months ended September 30, 2022, net profit was $245,911 >>
Not close to $2 million in losses like back then. Infinitely better net profits. Quite the change. All that, and the company is now valued at $8 million, instead of $2 million. Only 4 times more in value, for 100 times more assets and 10 times more revenue and a POSITIVE earnings.
Do I think it was worth $2 million back then? Nope. It was overvalued, IMHO
Do I think it is worth $8 million now? Nope. It is UNDERvalued now, IMHO
So although I didn't own it in 2013, I DO own it now, and since Bill is saying things will be better in 2023, I shall hold on.
Oh, and with these changes, it actually has a PE now. About 40. Which is pretty decent, and if 2023 comes in significantly higher, as I think it WILL, that PE will contract. Although in reality, the price should rise, and the PE shall hopefully go even higher. I'd love to see it "overvalued" again in the future. I'd even sell it if it get there. But that's a LOT higher than where it is right now. SO for now I own it. Thanks to the poster who showed this from the past. it shows how much the company has accomplished, and how little it really has gone up in value compared to that progress.
All the way back to 2013. Same job. Must pay well. Not
They are hopefully busy taking care of the both harvest at Makana and also ERF… you have to have tight security to make sure everything is accounted for and nothing “disappears”. So I’m ok with him not spewing any nonsense since he did post not to long ago pictures of the plants almost ready for harvesting…. Just my opinion.
Not a single post on Instagram in almost 3 weeks, no tweets… silence again. LVVV
https://www.politico.com/news/2022/11/16/congress-sends-first-weed-bill-to-biden-00068082?cid=apn
Congress sends first weed bill to Biden
Passage of the legislation signaled a new era in federal cannabis policy: It’s the first standalone marijuana-related bill approved by both chambers of Congress.
The Senate passed a bill designed to expand medical marijuana research on Wednesday by unanimous consent.
Passage of the legislation, which is sponsored by Sen. Dianne Feinstein (D-Calif.) and Rep. Earl Blumenauer (D-Ore.) in their respective chambers, signaled a new era in federal cannabis policy: It’s the first standalone marijuana-related bill approved by both chambers of Congress. The House passed the bill in July, also by unanimous consent.
The bill, which will make it easier for scientists to conduct medical marijuana research and protect doctors who discuss the benefits and drawbacks of using the drug with patients, now heads to President Joe Biden’s desk.
I believe it will all work itself out with the coming quarter fins. The below is also a critical piece of info which has finally been revealed in today’s PR:
“Our financial results for Q3 2022 do not reflect the impact of our Estrella Ranch and Makana Ola harvests yet. The products resulting from this harvest are currently being converted into our “Estrella Weedery” ™ branded products and other brands for distribution through direct-to-consumer distributors and third-party private-label partners. Our nine months’ performance results are clearly establishing a trend, having generated the third consecutive profitable quarter for 2022, and we expect to generate a substantial increase in performance for Q4 2022 and the entire year. We project 2023 as our breakout year with significant increases in revenue and profits.”
Agreed, the problem is the company has done such a poor job on promoting itself this news falls on deaf ears. How many people have seen the q3 and are familiar with LVVV… if Bill would solve this issue (the same one he has had for years) things would change. The fact that under $3,000 has been traded today says it all. I really hope Bill gets this figured out. Company is making progress but SP is not reflecting it. LVVV
If anyone doesn’t see this below from the Quarterly and todays PR as a Huge positive, then they just simply do not understand the dynamics of the MJ industry. This below is HUGE:
Total Assets Exceed Liabilities.
At the end of September 30, 2022, assets increased to $5,672,255, an increase of $1,151,378 compared to December 30, 2021. Our assets exceeded our liabilities by $1,512,470.
This shows profitability is in hand barring any unforeseen expenses. All in my most humble opinion of course.
Now we've got a Yield sign on the OTC website.
Probably, because Bill's got the Q3 report titled "Quarterly Report - Q2 2023"!
The level of Bill's incompetence astounds me...
GO $LVVV
Yes, agreed.
However, Q3 numbers for this year compared to last year were of course going to blow 2021 out of the water.
Comparing Q's year to year, IF WE HAD COMPARABLE SIZE HARVESTS IN 2021 AND 2022, would be more of an apples-to-apples comparison.
Because we've tripled our grow this year, comparing the numbers to last year doesn't really reflect an improvement in performance and totally skews the numbers.
In Livewire's case, comparing Q to Q in 2022 will give you an indicator of any improvements in running the business.
You can use both methods to try to get a feel for how Livewire is currently doing, but just using year to year numbers, when we've tripled our crop isn't the most accurate way to determine Livewire's current financial health.
All based on my experience investing in startups and IMHO, of course...
GO $LVVV
Exactly…because as we all know, we are receiving a share of revenue from the harvest.
The reason companies compare versus a year ago and not a quarter ago is because the business is cyclical. the same things happen in the same approximate time each year, so you can see if you are growing or not. But they do not happen every quarter. Some seasons you plant, some seasons you water and some seasons you harvest. As an example, you can't take a harvest season and compare it the next quarter where new plants are planted and say things are going backwards, because not every season is harvest season. But if you compare that new planting to the prior year planting and see that more plants are in the ground, more acreage is being used and more harvest will be coming the following harvest season, that is a positive. Even is quarter versus quarter is a revenue decrease.
Q3/2022 numbers, when compared to Q3/2021, are very good.
However, when you compare them to the Q1/2022 and Q2/2022 numbers, they're not great and broke the improving performance trends we had going in 2022.
Total Revenue increased 13% from Q1 to Q2, but DECREASED 19% in Q3.
Operating Expenses decreased 24% Q1 to Q2, but INCREASED 5% in Q3.
Net Income increased a whopping 1600% Q1 to Q2, but DECREASED 73% in Q3.
DILUTION decreased 83% from Q1 to Q2, but INCREASED 516% in Q3.
It appears that the majority of our Revenue from the 2021 harvest hit in Q2/2022.
Yes, we have 3 Q's in a row with some Profits, but Q3 was not that great.
Bill's only diluted 17 million more shares in Q4 (he snuck in another 3 million shares yesterday), and we're already halfway through it, so that's good.
Q4/2022 and Q1/2023 numbers will be much better than Q3/2022, because increased Revenues from 2022's harvest will come in.
So far, it looks like the street is not impressed with the Q3 numbers...
GO $LVVV
$LVVV LiveWire Ergogenics Announces Q3 2022 Financial Results and Reports Third Consecutive Profitable Quarter in 2022
https://www.globenewswire.com/news-release/2022/11/16/2557338/0/en/LiveWire-Ergogenics-Announces-Q3-2022-Financial-Results-and-Reports-Third-Consecutive-Profitable-Quarter-in-2022.html
Anaheim, CA, Nov. 16, 2022 (GLOBE NEWSWIRE) -- LiveWire Ergogenics Inc. (OTC: LVVV),?a company focused on acquiring, leasing, licensing, and managing special purpose real estate properties conducive to producing high-quality, handcrafted, and sun-grown specialty cannabis products for medical and recreational adult-use in California reports financial results for the third quarter 2022.
Bill Hodson, CEO of LiveWire Ergogenics, states, "At LiveWire, we continue to implement our business model of licensing, marketing, and managing the cultivation of high-quality handcrafted specialty cannabis products produced on our property Estrella Ranch in Paso Robles and Makana Ola in Humboldt that address increasing customer demand and command higher prices and profit margins. The past several months have been trying times for the cannabis industry, but we now seem to see early signs of a turn-round, at least for well-structured companies in the sector reflected in stabilizing share prices. Our financial results for Q3 2022 do not reflect the impact of our Estrella Ranch and Makana Ola harvests yet. The products resulting from this harvest are currently being converted into our “Estrella Weedery” ™ branded products and other brands for distribution through direct-to-consumer distributors and third-party private-label partners. Our nine months’ performance results are clearly establishing a trend, having generated the third consecutive profitable quarter for 2022, and we expect to generate a substantial increase in performance for Q4 2022 and the entire year. We project 2023 as our breakout year with significant increases in revenue and profits.”
Is this a concern?
7) Issuer's Facilities
The Company leases space at the following location:
LiveWire Ergogenics, Inc.
1600 N Kreamer Boulevard
Anaheim, CA
This to me says we are now set up. Major decrease in start up fees. Expenses are coming down by major amounts. If this continues, i don't see this staying under .05 for much longer. Add to it that the political landscape is improving. If Biden moves forward on reclassification then we are really setup nicely. If your sitting on the fence, now is the time to get up.
That was a pretty good report in almost all ways. I dont know if it will move us tomorrow or not, but with the guidance going forward and the increase of spread between assets and liabilities, the future looks very good in my eyes.
From the Q3:
Results of Operation
During the quarter that ended September 30, 2022, we incurred a net profit of $51,121 compared to a net loss of $2,404,318 during the same period in 2021, an improvement of $2,455,439. For the nine months ending September 30, 2022, we generated a profit of $245,911 compared to a loss of $3,322,908 during the same period in 2021, an increase of $3,568,819.
Comparison of the Results of Operations for the quarter that ended September 30, 2022, and 2021.
During the quarter that ended September 30, 2022, we generated revenues of $378,519, an increase of $128,339 or 51% compared to the same period in 2021. During the nine months ending September 30, 2022, revenues amounted to $1,250,351, an increase of $807,671 or 182% compared to the same period in 2021. The increase in revenue is due to higher income from rental and licensing fees and the continued optimization of the management of our subsidiaries and affiliate companies ("Related Parties"), intellectual and real estate properties. We expect this trend to increase for Q4 of 2022 and even further during 2023.
Profit (Loss) from Operations.
For the quarter that ended September 30, 2022, our net profit was $51,121, compared to a loss of $2,404,318 for the quarter that ended September 30, 2022, an improvement of $2,455,439. The increase in net profit is based on an increase in licensing, rental, and management fees. It is compounded by decreased expenses for general, administrative, and professional fees. For the nine months ended September 30, 2022, net profit was $245,911 compared to a loss of $3,322,908 for the nine months ended June 30, 2021, an improvement of $3,568,819. General and administrative for the three months ended September 30, 2022, has decreased to $53,577 from $2,173,945 in the same period in 2021, a decrease of $2,120,368. General and administrative for the nine months that ended September 30, 2022, decreased to $207,741 from $2,253,546 during the same period in 2021, a decrease of $2,045,805. Stock-based compensation decreased to $35,927 for the nine months that ended September 30, 2022, compared to $ 2,167,200 in the same period of 2021, a decrease of $2,131,273. Net profit was offset by professional fees increasing to $230,460 in the third quarter ending September 30, 2022, compared to $147,425 for the same period in 2021, an increase of $83,035. For the nine months that ended September 30, 2022, professional fees increased to $ 731,592 from $478,817 in 2021, an increase of $252,775 for the same period in 2021. For the quarter ending September 30, 2022, the Company issued 12,500,000 shares of its Reg A common stock to fulfill commitments to investment partners.
Current assets and Liabilities.
At the end of September 30, 2022, assets increased to $5,672,255, an increase of $1,151,378 compared to December 30, 2021. Our assets exceeded our liabilities by $1,512,470.
LVVV Bill Hodson must of sent the report up the BS portal
Instead of the OTC inbox
He is OK as long as he files the Notification of Late Filing by tonight. He needs to file it today I believe by end of day.
Last year’s third-quarter report came out on November 15 will see what happens today
Actually, the 10-Q for September 30 2022 were due Monday November 14th. That was today.
FYI.
"Non-Accelerated Filers:
10-Q: Due Monday, November 14, 2022 for Quarterly Period Ended 09/30/22
"
Pretty nice day for LVVV 26 trades
Volume 1,592,900
Dollar Volume $ 8,349
Looking forward to the quarterly report tomorrow
Hi Tristan. If there an official LVVV response to something like this?
What’s your proof that we don’t? There are many factors why the share price dwindles - mainly dilution. I’ve never heard of any company that owns 19% of an affiliate but refuses to take any share of the revenue. They may do some creative book keeping because of current federal laws, but to me the notion that we don’t share in the profits from a business we partly own is utter nonsense. Some naysayer here threw the idea out there and everyone ran with it.
Cause Bill is a snake who camouflages his dealings to get what he wants. Where is your proof that we get revenue from marijuana??? We had 29 giant greenhouses worth of marijuana from our first harvest, and are sitting at half a penny. Doesn’t add up .
Most likely 100 percent of the name Makana Ola
There is no business in the state of California under the name Makana Ola that I could find
…and if we’re strictly landlords, why do we have an option to acquire majority stake in ERF written into the deal (just like we had AND exercised with Makana Ola)?
…so you DO think we’re growing the cannabis at Makana Ola to give away for free. Where do we line up?
If we were getting revenue from all this green growing on “our” farm we would be more than a half a cent, especially with the marijuana boom happening in green stocks right now. Prove to me we are getting $$$ from marijuana sales Thumpa. We traded $455 today. Nobody gives af about LVVV and are viewing it as a property management company, and business is not booming here.
I ask again, so what about Makana Ola, which we own 100%? We’re just giving that weed away?
earnings mean nothing all bill has lvvv under is a management company. they can sell billions of dollars of product and we benefit zero
So what about Makana Ola, which we own 100%? We’re just giving that weed away?
Earnings next week, should be better than Q2. LVVV
So all this hype about how the beautiful plants are in the ground; and the harvest is pre sold; and the licenses are in place, etc.... didn't mean diddly squat? If that's the case Billy Boy is a master of diversion as he provides useless milestones. All investors need is a copy of the lease that the singing Caballero signed.
It’s probably not an mj stock, I think we collect rent for revenue. The fact that I still don’t know for sure says everything about Bill and LVVV
I think LVVV is the only down MJ stock in the world today
Sorry guys with Bill this stock is going nowhere. I have had this stock for years and hasn't done crap. i have a few million shares. Unfortunately it has great opportunities, not be a downer its not going to happen. :((
CaliCruz Farm is a secret plan within a plan that is also secret.
A share buyback just reduces the float thus increasing EPS all things being equal. Nothing complicated about it, dilution sucks.
Glad Tristan has been kept in the loop… or is he just dodging?
LiveWire Ergogenics, Inc. (LVVV) specializes in identifying and monetizing current and future trends in the human and veterinarian health and wellness industry. The Company is focused on acquiring, managing and licensing specialized “closed loop” turnkey cannabis real estate locations of fully compliant and permitted turnkey facilities to produce cannabis-based products and services in California and the state-wide distribution of these products. This includes verification of zero pesticide products for quality brands via its “7X Pure” Cannabis Verification System, and the development, licensing and distribution of legal, high-quality cannabinoid-based products and services. LiveWire Ergogenics does not sell or distribute products that are in violation of the Unites States Controlled Substance Act.
LIVEWIRE ERGOGENICS INC.
1600 North Kraemer Blvd.
Anaheim, CA 92806
714-740-5144
www.livewireergogenics.com
info@livewireergogenics.com
INVESTOR CONTACT
Brian Barnes
EquiNet, LLC
Toll free: 877-964-6463
Direct: 858-264-6500
MARKET AWARENESS
Stockwatchindex, LLC
www.stockwatchindex.com
info@stockwatchindex.com
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