Here is the link to a very good news for SRUTF shareholders in my opinion. They own very important paten regarding THC in beverages and if US finalizes marijuana decriminalization, their patent should become very hot commodity.
Just yesterday wondering same. We must wait next for Sproutly Canada, Inc. to settle its Management Cease Trade Order divestiture sales of Toronto Herbal Remedies and Sproutly, Inc. that owns the Toronto Herbal Remedies shares. Who is buying?, I'd like to know. Is it Sen and/or his friends or associates such that there could be a conflict of interest with appearance that Sen is running down Sproulty Canada to then purchase its subsidiary assets?
Disappointing to have Toronto Herbal Remedies divested from Sproutly Canada, Inc. that with loss of Toronto Herbal Remedies Sproutly Canada, Inc. loses its Canadian research license.
Sproutly Provides Update Regarding Management Cease Trade Order
Sproutly on June 29th, 2022 entered into court appointed Management Cease Trade Order to divest its ownership of Toronto Herbal Remedies and Sproutly, Inc. that owns the Toronto Herbal Remedies shares.
The Sproutly Canada, Inc. Cease Trade Order was reported by Sproutly as expected to be completed by August 28th, 2022, where also Sproutly Canada Inc.'s audited annual financial report filing for the year ending Feb. 28th, 2022 is about to be released.
Yes, it's Sept 3rd, and again Sen and company are late.
Announcements are expected soon.
Sen previously had Sproutly Canada, Inc. purchase Cannahive, but Sproutly became over extended, thus now selling THR and Sproutly, inc. Seems Sen is not a great business manager. I hope Sproutly operations (Cannahive in particular) are not negatively impacted by Sen other Sproutly lack of management.
Sproutly Canada, Inc. still has its Canadian sales license, its very unique APP technology that by patented extraction methodology creates edibles and beverages with whole flower quick onset, reliable timed MJ experience, has CannaHive and its state of the art high frequency efficient cost-lowering CannaHive production, packaging, and marketing technology and knowhow, and has aligned and deepened working relationship for design manufacture and production of MJ beverages with Kingston Cannabis and Kingston Aluminum (canned MJ beverages).
Sproutly Canada, Inc. will become seller, licenser, packer, distributor of edibles, beverages, and licensed technology, to streamline into singular product/marketing/sales/licensing focused company. Research will no longer be within Sproutly's business model.
I wonder if Sen and Sproutly Canada, Inc. will still partner and align with Toronto Herbal Remedies, that to me always seemed to be close to Sen's essence of approach, innovation, and outlook.
Sen releasing Toronto Herbal Remedies (if not in fact being purchased from Sproutly Canada by Arup Sen) seems may be his sobering and business maturing . Sproutly will be better streamlined.
The sales of Toronto Herbal Remedies and Sproutly, Inc. will improve Sproutly Canada, Inc.'s financials, and likely increase the company's value and value proposition by its efficiencies..
I'm hopeful though wonder if Sen has the moxy and focus to move Sproutly to real production and significant Sproutly presence in the various global MJ marketplaces.
I am excited to see developments with Cannahive technology along with APP technology, and Sproutly and Kingston's beverage releases and sales.
My sense Sen has also been waiting for general and overall broader market acceptance of marijuana, especially in the United States, but then I also wonder what outlook and plans, if any, Sen and Sproutly mngt see, expect, and anticipate specific for Sproutly in the U.S. marketplace. It will happen here in the U.S. (marijuana legalization), but when already?
I often think Sen has the dreams, and understands the interconnections of the MJ movement, but in practice is then another matter. He may be realizing he actually cannot just wait for the perfect timing, but that (better and actual) movement of action is needed in the here and now in order to realize his envissioned outcomes.
I think $SRUTF is very very inexpensive right now. Very beat-up down trodden stock. It looks like a solid bottoming is occurring now. The company has many ducks in a row, pending its action and its substantial actualization in and into the marketplace.
$SRUTF = a buy
A month out from last post... Current thoughts?
I've been accumulating all the way down.
Sale of Toronto Herbal Remedies is not cool, but Sproutly with Cannahive assets for production and packaging in-house, deals with Kingston for beverages and edibles, and CEO Sen now sobering from being high all the time, Sproutly will turn around and sales are going to happen as very very likely. Under $4M marketcap is wildly inexpensive. Buy when cheap and hated and if in disarray with positive outcome very and most likely. Good luck. sio
Hey thanks! Main Canadian symbol is SPR.CA.
No daily gaps on the main Canadian chart compared to SRUTF as the U.S. OTC equivalent.
SPR.CA big weekly move from oversold 25 to 64.
I'm thinking most the bids (sell trades) were buyers being filled at the bid, a decent floor being put in, as the price kept rising even on all the 'selling volume'. 10 Factor is 10X the daily money volume.
Further, SPR.CA and SRUTF closed at highs of the week, above daily and weekly 20 day Bollinger Bands.
If this is a trend reversal, then SRUTF $0.08 to $0.11 USD may be on tap In the short term, which on the SPR.CA is $0.10 to $0.14 CAD.
#DDAmanda Chart on: $SRUTF :
You can scan for these before they run.
What the Fact (Factor) Column is:
The Factor is a proprietary indicator used for scanning in #DDAmanda.
It's defined as Today's $Traded divided by the average daily $Traded (20 day avg).
SO, if a stock has say a 10 Factor that day, it means she traded 10 Times the $ she normally trades.
That's significant, and many times indicates that a run in the stock is coming.
Sproutly Announces Expanded Relationship with Kingston Cannabis Inc.
VANCOUVER, BC, April 18, 2022 /CNW/ - Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) ("Sproutly" or the "Company"), announces that it is expanding its commercial relationship with Kingston Cannabis Inc. ("KCI"), a Health Canada Licensed processor.
Sproutly and KCI have agreed to form a joint venture ("JV") that will utilize the proprietary APP technology to produce proprietary, natural, whole plant extracts of cannabis and hemp which will be used to formulate, evaluate, manufacture, and sell beverage and edible products. Sproutly will grant the JV a license to use the APP technology to produce and sell the products in Canada and Australia, and may elect to expand to other countries in which Sproutly has exclusive rights to the APP technology. KCI will provide the licensed facility and operating services to the JV while Sproutly will provide the APP license, technical services and oversight. The parties will utilize the JV to jointly develop brands, market products, and share in JV profits. Sproutly retains the rights to grant APP licenses to other licensed producers and KCI retains the right to produce and sell other products that do not use the APP technology. APP processing operations are being set up at KCI allowing the JV to produce the extracts and finished products at the same site in order to minimize the cost to produce.
"Expanding the scope of the existing Sproutly-KCI relationship with this JV is a show of our successful collaboration in formulating and evaluating beverages using APP extracts. The JV will now integrate APP processing and finished product manufacturing to avoid potential issues that arise from divided manufacturing and avoid duplication of some operational expenses", said Arup Sen, CEO and director of Sproutly. "We can now offer prospective partners a fully integrated flower-to-finished product service." he added.
"We are harmonizing our operations to move in stride and release next generation botanical products and packaging that will shape medicine and technology. Our combined work, detailed research, and significant experience will be critical to establishing growth within local cannabis markets as well as international medical avenues. We are excited to welcome these new ideas to fruition and materialize a successful future with our partners." Said Jonathan Pilon, President of KCI.
About Sproutly Canada, Inc.
Sproutly is the exclusive licensee of APP technology (www.infusionbiosciences.com) to produce proprietary natural water-soluble Infuz2O and BioNatural Oils. Beverage and edible products produced using the whole plant extracts will deliver true to strain whole plant experiences to new consumers and cannabis connoisseurs alike, ushering in the Cannabis 3.0 revolution. Sproutly intends to enter into partnerships with established companies and consumer brands to market unique products that deliver cannabis and hemp whole plant experience and health and wellness benefits, in major commercial territories around the world.
For more information on Sproutly, please visit: www.sproutly.ca.
About Kingston Cannabis Inc.
Kingston Cannabis Inc. operates a licensed cannabis processing facility that creates high end cannabis-infused beverages, edibles, and capsules featuring recyclable metal containers. KCI harnesses the significant experience of its co-founder in the cannabis and homeopathic markets, as well as the expertise of its partnerinproducing unique, eco-friendly, world-leading aluminum packaging. KCI has significant international connections to world cannabis markets and works with all aspects of cannabis processing from ginetics to advanced manufacturing.
For more information on KCI, please visit: www.kingstoncannabisinc.ca
Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws or forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or future performance and reflect the expectations or believes regarding future events of management of Sproutly. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, timing relating to the Company's ability to complete a definitive agreement with KCI and launch Cannabis 2.0 products.
These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These assumptions, risks and uncertainties include, among other things, the Company's inability to launch or supply its Cannabis 2.0 products in Canada; the Company's inability to complete a definitive agreement with KCI and launch additional products; potential negative consumer, investor or public perception of the additional product lines; changes in consumer preferences and product trends; and political, legal and regulatory uncertainty relating to cannabis products generally. In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will launch its Cannabis 2.0 products in Canada; that the Company's products will be positively received by consumers in Canada; and that the Company will continue to develop and launch its Cannabis 2.0 products. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
SOURCE Stone Ridge Exploration
For further information: Dr. Arup Sen, Chief Executive Officer and Director of Sproutly Canada, Inc., Email: firstname.lastname@example.org
Sproutly Receives Research License from Health Canada
VANCOUVER, BC, April 13, 2022 /CNW/ - Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) ("Sproutly" or the "Company"), is pleased to announce that the company's wholly-owned subsidiary, Toronto Herbal Remedies Inc. ("THR"), a licenced producer under the Cannabis Act, has received a research licence from Health Canada effective April 11, 2022. The licence allows THR to evaluate the ingredients produced by the proprietary APP technology and product formulations incorporating these ingredients.
"We are pleased to receive this license since we can now evaluate our proprietary extracts and the unique 2.0 product formulations before moving them forward to manufacturing and sale to Canadian consumers." said Arup Sen, CEO & Director. "We believe it is important to know the sensory characters of the products we market and this license will allow us to further improve upon our beverage and edible product candidates", he added.
About Sproutly Canada, Inc.
Sproutly's core mission is to become the leading supplier to the cannabis beverage and edibles market. Our Toronto based, ACMPR licensed facility was built to cultivate pharmaceutical grade cannabis to supply a technological breakthrough in producing and formulating the first natural, truly water-soluble cannabis solution. Our water-soluble ingredients and our bio-natural oils will deliver revolutionary brands to international markets that are clamouring for well-defined commercial products. Sproutly's business focus is to execute on partnerships with local and globally established consumer brands to leverage their existing customer bases, further expand brand loyalty, assist with marketing, and support distribution networks to deliver this scientific breakthrough with speed and efficiency worldwide.
For more information on Sproutly, please visit: www.sproutly.ca.
Cautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws or forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or future performance and reflect the expectations or believes regarding future events of management of Sproutly Canada. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the expected launch of the Company's first line of beverage products. These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These assumptions, risks and uncertainties include, among other things, the Company successfully completing the development and production of its first line of beverage and cannabis products and obtaining all applicable regulatory approvals from global jurisdictions including Health Canada. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended, such as the Company's inability to successfully develop and produce its first line of beverage products or the Company's inability to obtain any necessary regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
SOURCE Stone Ridge Exploration
For further information: Arup Sen, Chief Executive Officer of Sproutly Canada, Email: email@example.com
It's coming. Does seem progress is occurring. Seems Sproutly and Kingstron have done some product development and testing. And now their Joint Venture. Sen very intent to 'get it right' the first time before entering the market with beverages and edibles. I'm sure curious how that Cannhive acquisition is being incorporated.
Today's close of SRUTF is a major arbitrage opportunity for those buying at U.S. $0.03. SRU closed today at CAD $0.05, that based upon today's CAD to USD rate makes SRUTF valued at $0.0398. And yet SRUTF closed 25% lower at $0.03.
SRUTF just may gap again tomorrow due to currency arbitrage, separate U.S. trading from SRU, and in aligning with parent Canadian stock SRU, that closed at its highs today on increasing higher volume.
Nice buy at that price! Still have high hopes and expectations for Dr Sen to leverage his pioneering technology! He owes us Longs way more than he is providing as our CEO.
MarketMakers are taking this down. Seems MM-are-themselves the shorts.
Just 444 shares at $0.018, that was 8.163% below the highest bid price of $0.0196.
These 'legitimate' market makers are illegitimately driving the Sproutly share price down. They also change the tape to remove trades and ticks that occurred, that were on the tape, then later removed altogether. I've seen and experienced it now several times.
I take advantage. I just buy more.
CEO Arup Sen, you must majorly step up your performance as CEO. Wondering if your “special” APP tech actually exists. I will likely report you to the SEC in the coming weeks bar a significant communication to your (gullible?) shareholders from yourself in the meantime.
@StockItOut: Sincerely good luck to you! Active & successful traders of penny stocks need a certain level of technical knowledge & ability and so I think it's fine for these types of day traders/scalpers with solid know-how. But for those like me, who are more long-term investors & who do not have time to day trade nor the technical knowledge, I wanted to share my experience, perspective and lessons learned for those that might be on the fence, lost and confused. I've sold about half so far and have already invested in stock that are gaining faster than SRUTF, meaning I've recouped some of the loss on SRUTF on another stock already. About 70% of my investment are allocated for long-term with successful, more stable companies and 30% continue to be on more risky stocks but I am 1000% more decisive on my short-term play where I will buy/sell in matter of weeks if it doesn't move to the upside (still requires a lot of time and learning to have a sense to when to enter, when to sell regardless of a gain or a LOSS). Really, I wish everyone and good luck to you. Again, the oldest trick to pump and dump is "patent pending" that never materializes and the loans and payoffs between 2 companies controlled by one-person is another classic way to siphon $ from one paper entity to another while being able to claim a huge loss/tax write-off. Really good luck to you!
Well thanks. I assure you I'm real, not trading this, have 300,000 shares. But I'm in at these current prices, not experiencing under water as you and 'half-full' express you are, which is a very different psychology, I understand.
SRUTF fairly recently ran up 300%. I held, sure would have been great to have sold while ip 300% and reacquire at current prices, but I round tripped it. I expect it to do it again (3X) at some point relatively easily too, and likely beyond much higher, whether on the next rise I cannot say. Sproutly marketcap is very low. I think the 'whole flower' approach is novel and very strong, what Sen refers to as Cannabis 3.0 (which I think is a stupid dry sizzle negating way to refer to it). Gummies, drinks coming, and soon, Cannhive, Kingston,, Infuz2O licensing to other beverage makers, quick on-set, consistent timed off-set, and whole plant uniqueness, benefits, experience, health even, I like it.
I'm retail, not a MM, not with Sen, not trading this. I expect to hold for years.
Things are happening with Sproutly.
I don't see mngt stock shenanegans. In fact I consider it a positive that Infuse BioSciences (which is Sen) loans Sproutly money and allows Sproutly to payoff loans with stock. Sproutly does not have wild if any debt.
Watch this mfer, it's going to go.
If you guys sell and drive this to $0.01, I'm gonna load up!
By the way, while back my broker contacted me because of my large share count, and offered I provide my shares for the active short market on SRUTF, where they's pay me a pretty nice premium. A thinly traded stock is easily manipulable by the Market Makers. I've watched these crooks literally cancel sales, ticks on the tape, that minutes later are gone. All my broker trade desk said was he could only see what was on the tape. yeah...
@half-full: It's been a struggle getting rid of it myself as there are zero buyers. Since 2018, I've done a ton of learning...any stock with "pending patent," "pending FDA approval" learned that it's best to stay away and tend to be ripe with fraudsters. And once it starts tanking, no matter how painful it is and how dreamy it is to hold on "to the dream" one has to be decisive and cut their losses and move on. I paid $36K USD for this lesson. LOL. I'm grateful for the lesson in a way because I am a far better investor now, but I do feel horrible for any true believers on this board, if there are any. I think most that are positive about this stock are the penny traders that do daily scalping and/or Dr. Sen&his team who are using the same tactic to keep the milking machine going as long as they can. Good luck to you!
Sproutly CEO has done a few interviews lately and you can find them on YouTube. Worth watching them. I too am holding a very expensive bag since about 3 years now too but am no way dumping at this point given the business is finally developing. I regard this as a very slow burn but will hopefully pay off with time. Dr Sen should address shareholders for sure. GL.
Eohhoman, Lack of any substantive progress has done it for me. I also purchased way to much early on and am now having a difficult time getting out. It took me over 3 weeks to get a 200,000 share order filled at .04 US. Nobody wants the shares. I'm getting ready to try and get rid of the rest.
Wow, seeing your post made me feel better. I have been planning on finally dumping come December but wanted to check if there are still die-hard believers of SRUTF...not sure if it's real people for folks at the company or penny stock traders who are posing as die hard believers of SRUTF. In the end it doesn't matter for me. But I've put in $36K USD back in 2018 and held all this time and it's good to know that I am not the only dummy who did something so reckless & dumb. I am finally facing facts -- 1. apparently it's the oldest trick to say there is an "an advanced tehnological pending patent" that will never materialize ever to pump and dump stocks; 2. there is too much competition in the pot space; 3. illegal market continues thrive even better now; and 4. even if approval happens the laws & regs will be too cumbersome hindering profit potential. Dumping all by end of year but I am watching for the year-end rally, which I'm doubtful of. Good luck penny stock traders, may your pump & dump efforts payoff!
"Complete." Wow, from you a compliment, considering your expertise in bullshit.
Wow!!!! Talk about complete BULLSHIT!!!! lolzzzzzzzz
This will break above 10X in time, I expect. Wildly undervalued here.
I have been interested in Sproutly for years. Watched and waited. Bought at bottom. Waited... waited. Then 3X higher move. Held. Back to just above bottom. Waiting, and nice to see developments as expected.
I like Sen's philosophy of 'get it right' as he's a long term spiral movement scientist creator.
I like the alignment with Kingston.
Cannahive good yoo, and then, 'why not buy them' win-win. The industry in consolidating quickly, and Sen understands Sproutly's niche. And Sproutly's organic ability to alter the market.
I would say we are seeing true progress for the first time since the big Moosehead deal (that almost materialized). It has been slow and painful to be a long term investor - especially for those who paid 10x current PPS - so I would say the number of shares to hold or increase depends on your average PPS. How much sense does it make to average down? And how much confidence do you have in Dr Sen to finally execute? I have invested approx. $50,000 USD to date. GL.
Oct 07, 2021 (Investor Brand Network via COMTEX) -- Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) today announced its entry into a letter of intent ("LOI") for the formation of a commercial relationship with Kingston Cannabis Inc. ("KCI"), a Health Canada licensed producer, to launch its cannabis-infused beverages through a co-packing arrangement with KCI. Under the arrangement, KCI's affiliate, Kingston Aluminum Technologies Inc. ("KAT") will provide custom designed aluminum packaging for Sproutly's products. In addition, KCI and Sproutly will collaborate on the consumer evaluation of Sproutly's formulations made using ingredients produced by the proprietary APP cannabis processing technology. "This relationship will allow us to launch our beverages made with our proprietary Infuz2O extract in distinct, environmentally friendly aluminum containers with unique internal coating for better preservation of cannabis products," said Dr. Arup Sen, CEO and director of Sproutly. "Additionally, we will utilize KCI's research license to test our product formulations and select our 3.0 beverages for features that are preferred in consumer products that will deliver a true-to-strain, whole-plant experience."
To view the full press release, visit https://cnw.fm/DWB9b
Still promoting this SCAM? lolzzzzzzzzz
"This SCAM is going sub-penny" is like a dog pissing at a fire hydrant, then a wall, then a bush, back to the hydrant...
This SCAM is going sub-penny! lolzzzzzz
They did just acquire another company. A good one.
Sen showed two Sproutly drinks yet to be released.
New alignment with Kingston.
I would prefer news releases that contained some actual information and not just fluff.
I do agree with you that there is enough happening, though extremely slowly, that it is worth waiting to see how things go. It has to be soon though, because I don't see it being possible for the company to continue financing it's existence by diluting our ownership by paying off loans with shares. Each time this has been done, we have not only lost a share of future earnings, but our share price has dropped as the newly issued shares get dumped on the market.
Thanks for the reply though. Your obviously not blind to the risk, or the frustration and your right to hope for the best.
Yes. I was actually surprised that the latest news was not the gummie sale. Hopefully they do get that going soon to bring in some revenue.
I was thinking earlier today that I would like to see more licensing of the technology. This allows the execution of bringing products to market into some other companies hands that may be a bit more timely, but also allows Sproutly to benefit financially.
I agree, it is not a contract, a non-binding agreement.but is a step towards using the APP process. would you rather there was no LOI? flag trading recently released their hash coin through Sproutly's licence which means some revenue will be coming.Toronto herbal remidies (a Sproutly subsidiary) will soon be producing gummies and such. as for when the sproutly/kci beverages will be ready the NR stated first quarter of 22, although considering the success of past time lines I would not be terribly surprised to see that slip. In any case it is enough to keep me in the game and maybe increase my share holdings. P.S. and of course I'm still have hope of Moosehead finally getting in the game.
They did say gummies sales Q4. Let's see...
They did license infuz20 to a new york beverage company.
those who have lost all hope should just take their loss and move on
Gee, I never thought about selling.
My biggest problem is that they are giving me no reason to keep buying! If I don't want to buy any, who does? If nobody wants to buy, what do you think happens next?
success is just around the corner
Have I missed something? What success are you referring to? Kingston? Just what is your idea of a time frame till distribution? All they have so far is a letter of intent. Just a non-binding agreement. Not a contract. It doesn't get much more preliminary than this.