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Negative.
I'm gonna ride this thing all the way down, or until I make a decent profit.
Either way, I'm holding...
GO $LVVV
Well, it is a scam run by a former broker. So you need to keep that fact in mind.
🙁 New 52 week low for the LVVV diehards
😂😂 that’s what happens when LVVV pay’s Jeffery Dole Group and others loan interest In LVVV shares
https://www.otcmarkets.com/otcapi/company/financial-report/379900/content
Growing on acres, nott selling. "Bill" still needs to find wholesalers in California (which has a HUGE glut/surplus) who will buy his fungi-laden weed.
Or he will have to sell it for cattle feed to some Central Valley feedlot(s). It cannot cross state lines legally.
Or he could burn it in a huge bonfire for Halloween and the pot smoke can drift into Aridzona and gett all the geezer elderly golfers on the Anthem Golf & Country Clubbbb courses stoned, causing a golf cart demo derby.
It was $2,700 for 1 mil shares. Not a lot of $. I do agree with you on the small buys, I would not waste my time, go big or go home. But, go big is what has gotten me in trouble with this stock
It is funny the only bulls here dont have powder for .003 cent shares. And to think I used to buy shares at 4 cents when we sold clones in two little pods at Coachella. Now we rent out a farm selling 3 acres worth and I wouldn’t buy a .003 cent share to save my life.
I never buy less than 1 million shares of any stock – usually multi millions of shares. So it’s not a few bucks. Blows my mind when I see trades for 3-5 thousand shares go through on stocks like this.
VWAP= $ 0.002958 Total$Vol= $ 25,811
EOD paint-uppp yobb means more selling comin' in DaPipe!!
You got that right!😡
I agree I also laugh when someone claims it a great buy but, somehow they cannot cobble together a few bucks
Its truly sad, this stock had such potential but poor management, endlessly late financials scares many away.
Instead of pouring money into a "weedery" right now, show more profit. Build up some cash, build up a good reputation for investment. That does not happen, its one thing after another thing.
This is either coming to an end or can take off. I no longer have any faith in the latter.
I have dry powder, but buying more of LVVV would be really dumb IMO!
I wish it was my bid - I'm outta powder.
It’s Great News
I think it’s great news. https://www.otcmarkets.com/stock/LVVV/news/Livewire-Ergogenics-Provides-Update-on-Green-Eagle-Delivery-Acquisition-in-Los-Angeles-CA?id=415567 Stick with the core business of growing product. Weed Delivery services come and go. I had some stock in one years ago. I can’t even remember the name of the company now – but…they’re gone – long gone.
I’m guessing the following had much to do with the decision
1. The company posted on X 9/20/2023 – “Estrella River Farms received approval from the State to consolidate its 10 cultivation licenses into one large-scale license (3 acres). This move will streamline compliance, reduce labor, and boost productivity during harvest”. This is really big fantastic news for the company think about it.
2. The Secure and Fair Enforcement Regulation Banking Act – passed The Senate earlier this week. This bill will send Banks into overdrive to lend money to the Marijuana Industry – Especially to Company’s that are already up, running, turning a profit, and…. publicly traded. Publicly traded companies will no longer need to issue more shares (Dilution) to raise capital for expansion. https://www.cnbc.com/2023/09/27/marijuana-financing-bill-safer-banking-to-move-forward-in-congress.html
3. The upcoming reclassification of Marijuana by the DEA from a schedule 1 drug to a schedule 3 drug will no doubt have massive positive effect on the entire industry – especially companies that are already up and running, that have survived the last 8-9 years of “Weeding Out” – Yep that’s a pun.
My only regret is I have no powder to buy more shares right now.
If LVVV drops more and hits 0.0019, expect some massive tax selling next week, it will be the end.
i've sat back and watched this piece of crap crumble for years, and i haven't made a peep in two years here. so i'll probably just stop giving it the occasional glance it doesn't even deserve. 🤷
Could be, seems like it’s one person imo. There is a large bid now. Might see a decent close LVVV
Will you say the same thing when LVVV falls into the trips or will you cry?
My guess is BMEL is taking his tax loss as promised.
I did place a call. The guy that answered sounded very upbeat about the newly consummated deal. I guess he was more optimistic than he should have been. It's probably a setback because of the walking through mud process in virtually everything Californian.
great opportunity to grab more shares 👀
🙄
Cannot blame them, this is a disaster. Poorly run scam
jrf30
Re: Foozballa post# 73787
Friday, September 15, 2023 1:03:42 PM
"but here we are about to enter the 3s."
A little dramatic, don't you think?
There is a lot of support in the low 4s. I wish it were the 7s, but it is not yet. As we increase revenue and profits, and our P/E contracts, maybe we shall see the 7s. But for now, the 4s are where we are. Sucks. But no, we are not "about to enter the 3s" based on anything out there at this time. (and hoping nothing changes to make that a reality!!)
I thought you called the company just a few weeks ago or was that a different deadbeat 😂🤪
Maybe a call to Green Eagle would shed light on this burning question. Just a thought.
And : "as soon as it commences operations."
How long, if ever, is that going to take for Green Eagle to "commence operations."
Finally News released on Green Eagle. This paragraph actually does express and state what the issue is with legal marijuana operations and all the political BS that goes along with it:
The finalization of a Green Eagle purchase agreement was contingent on approval and adherence to the rules and regulations for Social Equity cannabis businesses set by the State, the City of Los Angeles, and other involved parties, representing a significant bureaucratic obstacle for the acquisition process. Livewire has determined that it would be more beneficial to establish a Distribution and Marketing Agreement with Green Eagle on a Preferred Placement basis. This will enable Estrella Weedery products to be showcased and sold via Green Eagle Delivery as soon as it commences operations.
Exactly - No More Dilution of Shares for expansion. Loans Instead = Big Daddy Loans. And Banks will compete to give them.
I believe you're right. I hadn't thought about it but yeah that makes total sense.
Exactly LOL. It will be the biggest Green Rush Yet. Over the years many of the start ups from back in 2014 have already gone bye bye. The pack thinned. Only the strong have survived. Those that have survived this long will begin to excel exponentially. We will also see a lot of new players. It could get really wild and crazy really fast.
When Weed first went legal I remember seeing a spot on VICE about how some dispensary’s where having to store cash money in public storage facilities.
Once the handcuffs are finally taken off these MJ companies and they can bank as a normal company can - Depositing cash and receiving loans, etc etc, watch how the market prices the shares then. Just my opinion.
And another opinion of mine is this: All these crooked Market Makers who are extremely Short with a lot of the MJ companies shares have finally begun to realize that their “game” is finally up and need to accelerate their accumulation of shares they are short on before the market realizes and shoots up the share prices - hence the beat down of share price on extremely low volume. Just my honest opinion…..
Don’t think it will be too long since the banks need the influx of fresh cash deposits and because they are not allowing cash from MJ sales to be deposited directly, it causing a backlog of issues. Once the laws pass and deregulatory action is taken, all MJ stocks will shoot up again in my opinion.
Not to mention attempting to crash the rest of the stock market and economy.
As for gold, I would think that buying actual gold in that quantity would require IRS reporting over $9,900
Government shutdown October 2023 looming so the The Secure and Fair Enforcement Regulation Banking Act will be put on the back burner for a while.
What was or is stopping the MJ companies from putting the cash in hard assets like gold?
Pizza places, laundromats, bars and car washes. Not that ever had to do that
I appreciate your response.
That - I have no idea. But when you cant put it in the bank you gotta get creative is all I can say about that.
Unless one has not paid any attention to the Federal laws regarding MJ, they would know this. This is like MJ business 101. The Feds can raid any dispensary in any state. Federal supersedes state law, no matter if the state residents voted for that law.
A few years back the Feds would occasionally raid a few "legal" dispensaries in CA on the same day and would seize the assets. Has not happened and will probably never happen again, but the law stands and no federal bank can do business with a company that federal law prohibits
Why did they not pay back people that loaned them money 3-4 years ago that have been delinquent for a couple years?
Can anyone else verify that this is true?
The Reason…Because its money made from selling Marijuana which is still very much Federally Illegal. Which means…If the money was in the company’s account in a bank…If they wanted to The Federal Government could seize that money and that would definitely hurt the stock. There is a long list of MJ company’s that are doing the same thing and have been ever since inception. There are several that do same thing this company does...Own the property and rent it out and that's the biz - for now. That will definitely be a changing when the time is right.
Dang the 4s held for an eternity, the low 3s in a week. Who’s ready for some 2sssssssss! F it Bill dump this POS to zero!! It’s a fun chart to see where we were right at ERF first harvest inception to now. That’s called rug pulling all your faithful shareholders over a long period of time. Perfectly done by the ole stockbroker Bill. It’s amazing how well he has pulled this off.
Yep, If I had the powder, I would definitely be scarfing up some more shares right now. We've got TWO Catalyst Pending that will drive many MJ stocks in another Green Rush.
1. The Secure and Fair Enforcement Regulation Banking Act – Which passed The Senate Today.
https://www.cnbc.com/2023/09/27/marijuana-financing-bill-safer-banking-to-move-forward-in-congress.html
2. The Soon to Be Announced Reclassification of Marijuana by the DEA from a schedule 1 drug to a schedule 3 drug.