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Definition of Insanity: Making the same mistake over and over again expecting a different results.
Was actually filed and posted online earlier this morning.
They just filed for an extension of 5 trading days from the 15th.
The first quarter results are expected to come this week
Yep. I almost forgot that Billy is still in charge of this shit show.
Storms coming time to unload the boat and walk to shore then run like a crazy lunatic as far away as possible from the disaster that’s about to be stowed upon LVVV
Big lots being bought cheap . Time to participate. Backing up the truck.
Attention: Department of Cannabis Control updates data dashboards with full data for 2023
Updated cultivation harvest and sales data from 2020 through the end of 2023 are now available in the Department of Cannabis Control’s (DCC) data dashboards.
Reports include:
Sales and Price Per Unit Report shows a variety of cannabis sales data including:
Price per unit of cannabis goods (edibles, extracts, flower, plant, pre-roll, tincture, vape, topical, etc.)
Yearly, monthly, and quarterly sales
Consumer, patient, or caregiver customer types
Harvest Report provides insight into cannabis cultivation including:
Current and historical numbers for indoor, outdoor, nursery, mixed-light and microbusiness cultivators
Total number of cultivators by county
Harvest batch data including number of plants, number of packages, packaged weight, moisture loss weight, etc.
Monthly Sales Summary Report: ?
Sales by customer type
Sales by month and item group
Users can continue to access our Cannabis License Summary Report which is updated weekly with the latest licensing statistics showing total counts of each license type, provisional and annual license data, and license status and expiration information.
These reports are meant to serve as helpful tools to stakeholders, providing a wealth of information to support analysis and overall understanding of California industry patterns.
The data dashboards are part of the Department’s ongoing work to provide useful information to our licensees, including intelligence to make informed business decisions.
https://mailchi.mp/cannabis.ca.gov/new-data-available-on-dccs-data-dashboards?e=450f8527a6
By the time it takes politicians to make this happen, I fear the average pot investors will be so old they won't remember what end of the joint to light, or how to inhale.
Not sure what the hanging weight value of beef is nowadays, but a Mortimer sale to the local slaughterhouse might be a consideration to bolster cash flow.
I'd feel a little better if the back taxes were paid.
I would have been impressed if billy boy would have put livewire in the running for a multimillion dollar buyout. But alas, he was nowhere to be found. Why am I not surprised? We will probably have to wait until the singing Caballero saves enough to buy the company. I wonder if Mortimer goes with the deal. The buyer would at least have a good steak if nothing else.
Big Tobacco - 200-billion-dollar industry.
Big Pharma - 4-trillion-dollar industry.
No comparison...
GO $LVVV
Big Tobacco was supposed to have done that already.
That'll be when Big Pharma comes in and gobbles up companies like Livewire for stupid money...
GO $LVVV
the biggest change for cannabis companies if rescheduling goes through, is the tax break, they will be able to write off normal business expenses (think that includes rent, payroll, a bunch of things...) this will make the cannabis companies a lot more profitable. It's all explained in this article. Looks like it will be rescheduled to a schedule 3 drug, not for at least 2 more months or during or after the election.
https://www.nbcnews.com/politics/joe-biden/biden-administration-plans-reclassify-marijuana-easing-restrictions-na-rcna149424
Exactly. The reclassification will not help any banking issues. Only SAFE or total legalization with solve that problem. It's a broken record with you idiots. Keep dreaming.
However LVVV it would not legalize marijuana outright for recreational use.
Estrella River Farms doesn’t have a recreational use cultivation license only medicinal license
Congrats to all those that held on. The next few months\years should be very interesting. LVVV
That’s the wrong thing to be thinking about. Anyone who has been invested in ANY MJ stocks have realized one thing and one major thing only - If the companies cannot access normal banking transactions like a normal business could, that hamstrings what they can and cannot do. So once this reclassification happens, the entire banking industry can then be opened back up to all the MJ businesses. That is a huge hurdle that all the legal MJ businesses have had to deal with for years since banks “shunned” legal MJ businesses because it was only legal on the individual states levels and not on the Federal level. This would be a huge first step in a nice MJ stock run in my opinion.
This might be the perfect opportunity for our fearless leader to negotiate a sale of the Ranch. Maybe a real manager, with vision, would do something for shareholders.
*DEA MOVES TO RECLASSIFY MARIJUANA AS LESS DANGEROUS DRUG: AP
Load em up :) LVVV
That is a long protracted process. Typically, if Billy is looking to "play the system" he will satisfy the amount due for the most serious delinquency and roll like that year after year. People play that game all the time.
How many days past due and how soon can someone step in to buy the property in a tax sale?
I wonder how many bypassed the fact that the property taxes have still not been paid. They are now at 66K +-
Possibility but I don’t think so. It’s going to happen though and I’m not going anywhere until it does LVVV
Isn't the DEA supposed to reschedule Cannabis this week?
GO $LVVV
So Estrella river farms is no longer dependent on its affiliated company LVVV
and is in total control of the Cultivation, processing,selling and distribution of products
From the PR:
“With the beginning of the planting for Estrella’s new 2024 harvest, Estrella River Farms has now reached full autonomy and control over its destiny. Every aspect of the operation is under our complete supervision and control, from planting to harvesting and selling. By reducing the dependency on affiliated companies and distribution partners, we now have total control over the entire process and, most importantly, will be able to improve our financial performance.
The Latest PR
Dated 4/11/2024
https://www.otcmarkets.com/stock/LVVV/news/LiveWire-Ergogenics-Announces-Growth-Plan-for-2024?id=436591
All good except for one part…under the section Plans for 2024 it states “Consider a share consolidation program to access a new investment universe”.
Now that can mean one of two things. 1. Share buy back or 2. Reverse Split. Doing a quick net search for… “What is a share consolidation program” and you will find this. https://brokerextra.com/what-is-share-consolidation/ So almost always especially in OTC sub penny’s it means a R/S and that is very, very, mush NOT GOOD!. This stock already has just about all the investors it is ever going to get. A reverse split here would loose those investors and there would be None, Nada, Zero, Zip new investors post R/S because the price would quickly retrace downward. So Bill if you’re reading this…DON’T DO IT.
I take it that you’ve never been to Oklahoma? …., Google Oklahoma landscape and get back to us. ;)
On no longer used Fracking Land?
I can hear the pitch now, try our Oklahoma grown pot, with a small hint of crude oil.
Maybe they should buy some land in Oklahoma…… I hear there’s a great deal there! Win… win …
"mythical" is the key word here.
Billy Boy is grasping at straws
🤷 The phoenix is a mythical golden bird associated with renewal and regeneration. Rising from the ashes of its previous life , the phoenix is a symbol of hope, of life and of better things to come, born from the knowledge and experience of difficult times and challenging circumstances.
So now he is promising that LVVV will be a “Phoenix”.
What happened to the horses that were near the finish line? Did they break their legs and get sent to the glue factory?
Hope he does not pour cold water on the “Phoenix” at the finish line.
Here’s the link for that information you’ll need to put in the Assessment #: 015,021,023
In the top left corner (three Boxes)
https://services.slocountytax.org/Entry.aspx
Anyone know if the taxes have been paid?
😂😂😂 LVVV Will now be Rising from the ashes of its previous scam
Buyer Beware
“ LiveWire has prepared a strategic comeback plan for a “Phoenix” cannabis stock.”
I'll paste it here. It came from "market awareness"
Livewire CEO Outlines 2024 Growth Plan
A Strategic Comeback Plan for a “Phoenix” Cannabis Stock
We are on the Offensive – Always
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 today announces update and growth plan for 2024.
The cannabis industry has experienced its fair share of ups and downs over the last few years. Overhyped expectations of growth and revenues, unusually large investment or debt burdens, inexperience resulting in mismanagement, and extreme market volatility have made it difficult for many public cannabis companies to develop a solid financial performance, a predictable share price, and generate a satisfactory ROI for their investors. Accordingly, many small and large publicly traded cannabis companies alike have lost an average of 70% in stock value over the last two years. LiveWire has prepared a strategic comeback plan for a “Phoenix” cannabis stock.
Bill Hodson, CEO of Livewire, states, “LiveWire also went through an often-painful growth process over the last few years, no doubt accelerated by the significant loss in share value by many of the industry’s major operators; we found ourselves possibly guilty by association. We understand that the current trading climate does not encourage investors to invest in any company in the industry, maybe with a few rare exceptions. However, as the history of many newly developing industry sectors has shown, “I chaos lies opportunity.”
“In contrast to many of these companies, we have always focused on our vision to develop and execute a well-crafted and unique business model anchored in cost-conscious operation and driven by our passion for the plant and management’s experience in a complex and turbulent industry. We believe we have positioned LiveWire for long-term success and profitability.”
“Many experts agree that despite the pressure cooker of the last few years, significant losses, and still-existing obstacles, the future of the US cannabis market appears bright, with increasing innovation and significant growth expected. However, for businesses to succeed, successfully navigating the still-complex legal and regulatory landscape, running a cost-conscious operation, and quickly adapting to dynamic market changes are crucial. We recognized these requirements early on and built and optimized a unique, high-quality specialty products cultivation facility in Paso Robles, California. We consistently adapted our business model to the prevailing market conditions and created ample room for improvements and expansion.”
Hodson continues, “Together with Estrella River Farms (ERF), our steadfast focus remains on operating with the lowest possible operating expenses, carbon footprint, and debt level, allowing us to continue to produce without sacrificing quality and integrate flawlessly into the environment with the surrounding vineyards. We diligently manage operational costs and expand and adapt our business model with cost-effective and unique product development. By accelerating sales through licensing, marketing, and management, we can effectively navigate the ongoing product price volatility in the California market. After overcoming significant hurdles during the last year, somewhat hampered by a low share price, our expanded group of subsidiaries, affiliates, consultants, and distributors are now well-positioned to move forward with the confidence to withstand still-existing market fluctuations and increase revenue and profitability.”
“The vision of developing a unique business model, the world’s first “Estate Grown Weedery,” is more than ever at the core of our mission. We are expediting our streamlining efforts and continuing to center all operations at the Ranch for optimal performance. We are now narrowly focused on expediting the growth of those Livewire entities that operate most economically and have shown the most promise over the past year. We will focus on our vision of applying our resources to core strategies that strengthen our competitive position in the market.”
“The entire management team at Estrella River Farms (“ERF”) is passionately devoted to cultivating the best possible sun-grown California cannabis to become the California market leader. The Estrella team is currently generating a mix of wholesale and unique “Estrella-branded innovative retail products for the 2024 market. This will improve revenue and net profit, with the expectation that our performance will also be reflected fairly in our share price,” Concludes Hodson.”
Accomplishments in 2023/2024
Produced eight consecutive profitable quarters during 2023.
Generated a net profit for the fiscal year 2023
Is well-positioned to increase our revenue for 2024 substantially
Comprehensively assessed the company's current financial position, including assets, liabilities, and cash flow.
Identified operational weaknesses and strengths, including existing infrastructure, production and distribution capabilities, and the value of the intellectual property.
Assessed market trends, consumer demand, and competition to identify new market opportunities, desirable product mix, growth opportunities, and potential areas of improvement.
ERF has improved sourcing of high-quality and best-selling strains
ERF has hired additional experienced cultivation experts, expanding the cultivation team
The first delivery of high-quality plants for the 2024 harvest is planted
The Company has concluded the development and build-out phase of Estrella Ranch in Paso Robles and will now focus on further streamlining operations and distribution for maximum results.
Plans for 2024
ERF will deliver the first harvest in June
ERF will prepare the second cultivation run for harvesting in November
ERF will deliver “Estrella Weedery” branded specialty products into the retail market
Optimize cost structures by streamlining operations and further reducing expenses
Increase investment in research and development to innovate and stay ahead of the competition.
Continue to reduce debt and improve liquidity.
Explore options for raising additional capital, such as strategic partnerships or equity financing, while limiting dilution to a minimum.
Focus on high-margin products or services.
Joined the Airbnb community to develop the Ranch into the top destination for California’s fast-growing cannabis tourism.
Consider a share consolidation program to access a new investment universe.
Continue to improve our fiscal management practices to enhance transparency and accountability.
Foster frequent and transparent communication with shareholders, investors, and the public.
Regularly communicate milestones, achievements, and growth plans.
In closing, Mr. Hodson states, “The past five years' experience has strongly shaped us, as it has the entire industry. In our start-up years, we relied on standard startup business practices, such as engaging expert building contractors, growers, and distribution partners to manage and market our products. We operated in a new industry that presented us with unexpected obstacles and expenses, including unreasonable and ever-changing rules and regulations and, as the major obstacle, being subject to very repressive accounting and tax treatment. Based on this experience, in 2023, we began an in-depth assessment process for our entire operation, from “seed to sale.” As a result, we have expanded our team and revised operational structures to maximize the results from the cultivation at our exceptional Estrella Ranch facility.”
“With the beginning of the planting for Estrella’s new 2024 harvest, Estrella River Farms has now reached full autonomy and control over its destiny. Every aspect of the operation is under our complete supervision and control, from planting to harvesting and selling. By reducing the dependency on affiliated companies and distribution partners, we now have total control over the entire process and, most importantly, will be able to improve our financial performance. To accelerate revenue generation and profitability, we have begun crafting a unique “Estrella” branded products strategy for ERF as retail sales in addition to bulk wholesale flower sales. This allows the farm to command higher profit margins than bulk sales.”
“By strictly following this comprehensive comeback plan, driven by our low-cost operation model, we expect our "Phoenix" cannabis stock to rise from its current level and emerge as a successful and resilient player in the cannabis industry. With an elevated level of flexibility and focus on innovation, strategic initiatives, differentiated offerings, and a continuing commitment to excellence, we can unlock our true potential and deliver significant value to our shareholders. We expect this to be reflected in an increasing share price. For people unfamiliar with our company, now is an excellent time to get involved.”
Bill Hodson
CEO, Livewire Ergogenics
The LiveWire Estrella Weedery
Estrella Ranch is a historic ranch property in Paso Robles, the center of California wine country. Together with its subsidiary Estrella Ranch Partners, Livewire has transformed this stunning property into the world's first "Estate Grown Weedery ™," with three acres for cultivating high-end, organic, sun-grown cannabis products and ample room for expansion. Estrella Ranch is the central hub for all Livewire operations in California. The Estrella “Estate Grown Weedery” cultivation process focuses on the cost-effective production of the best quality sun-grown cannabis in California while generating the smallest possible carbon footprint using as few of California's energy resources as possible. Visit https://estrellariverfarms.com,
About LiveWire Ergogenics Inc.
Livewire focuses on acquiring, managing, and licensing well-qualified cannabis real estate locations of fully compliant facilities to produce exceptional cannabis-based products for statewide distribution in California. This includes developing and licensing organic-style grown cannabinoid-based specialty products and services to create the high-quality "Estrella Weedery™" brand. These products are cultivated by Livewire’s subsidiary/affiliate companies, Estrella Ranch Partners, and Estrella River Farms, and distributed by major California cannabis distributors and retailers. LiveWire Ergogenics does not produce, sell, or distribute products that violate the United States Controlled Substances Act.
For more information about LiveWire Ergogenics, visit www.livewireergogenics.com or at X at @livewireLVVV. Follow LiveWire Ergogenics on Twitter @livewireLVVV or go to
www.stockwatchindex.com/livewire-ergogenics for non-material updates.
Forward-Looking Statements.?
This release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements, predictions, and projections are inherently uncertain as they are based on current expectations and assumptions concerning the successful execution of planned events or the Company's general future performance. Readers are cautioned not to rely on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release, the Company's Social Media postings, and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
LIVEWIRE ERGOGENICS, INC
1600 North Kraemer Blvd.
Anaheim, CA 92806
714-740-5144
www.livewireergogenics.com
info@livewireergogenics.com
MARKET AWARENESS
Stockwatchindex, LLC
442-287-8059
www.stockwatchindex.com
info@stockwatchindex.com
LIVEWIRE INVESTOR RELATIONS
Tristan Cavato
(805) 835-2415
ir@livewireergogenics.com
info@livewireergogenics.com
Funny thing - I didn’t receive any shareholder letter. Has anyone else received one?
Things from this mornings email from LVVV
FIrst, they had positive earnings all 8 quarters last year. I mentioned that one already, as a joke, but still, it IS impressive that they are making positive returns every quarter for two years now.
Next, although they are making money every quarter, they are still looking to do another round of equity financing. "Explore options for raising additional capital, such as strategic partnerships or equity financing" that concerns me some, as they are making earnings so why the need for more financing?
Revenues should be good in 2024. two harvests plus the 2023 harvest was late in the year and some of that revenue did not come in for 2023, so call it "2.5 harvests" in 2024. SHould be good for revenue growth. "ERF will deliver the first harvest in June
ERF will prepare the second cultivation run for harvesting in November"
They are looking at a reverse split. "Consider a share consolidation program to access a new investment universe." the new and fancy term is share consolidation, but it is a reverse. I never like those, regardless of the reason. It would lower the outstanding though. I bet he would do a larger one, to reduce outstanding by a lot. LIke maybe 1 for 5, instead of 1 for 2.
"Foster frequent and transparent communication with shareholders, investors, and the public" Ehhh. ALways said, never done by most companies.
I did NOT see that they were going to pay their real estate taxes that are now a few YEARS delinquent. It would be nice to see that before someone takes the property away in a tax sale.
Still standing on the dock, watching but not a buyer. Not until the profits start showing up on the books, instead of being given to ERF as a debt owed to LVVV. I know Bill says he is doing that because of the MJ laws, but hey, you don't pay your taxes, you don't keep any profits, and you show revenue but never collect it (from ERF) so is it really revenue? Yep, still on sidelines. But watching, and hoping someday this really has good news and I'll buy back in.
My take on today's PR.
Who says Bill can't work magic? Look at this.!! EIGHT positive quarters in ONE year. LOLOL. From the latest PR that came to my email just this morning ...
"Produced eight consecutive profitable quarters during 2023."
OKay, it was a good PR. Just funny to see that though. My warped sense of humor.
It’s crazy when you think about this big glaring issue and disparity when making the following comparison:
Tilray as of April 2024 had 659,757,143 shares outstanding. They just announced losing $105million this past quarter. Their share price is trading at over $2.00 a share.
LVVV reported a profit last quarter and has approximately 1.3Billion shares outstanding and trades at $.002 or less on any given day.
What’s wrong with this picture???
Federal legalization and legislation to help these companies access banking needs like any other business.
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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