Verde Bio Holdings Inc (fka VBHI)

[marylandstockguy]

Ugggh I'm sorry! I'm down as well...hang in there man. I know it feels like throwing good money after bad but maybe if this does struggle further we average down - could turn after a few quarters - yes, we keep hearing this, but could happen.

[admir]

Its been a nightmare of a trade for me, I think it will go up pass my PPS, how long will that take is the question that remains, almost a year for me so far. About a year ago there was a 10K group on Telegram and 5K group on Twitter that took an interest in the stock but there doesn’t seem to be any group interest these days.

[marylandstockguy]

I'm just not seeing that if they're paying 415K in cash for royalty and mineral interests in North Dakota. I see that as a very bad sign for people who want this stock to drop another 80 some-odd percent. Time will tell.

[admir]

Looks like you might get your .001 price after all

[Sonomavalley]

I'm waiting for .001

[lattethunder]

It was up almost 100% at one point last week over the week prior. It's a volatile stock. It's the OTC. Numbers don't lie, but people can misinterpret them.

[admir]

I have 880k shares at average 0.016 a share, for almost a year. how about you?

[Sonomavalley]

VBHI stock down 17% right now. Oil is up. Numbers don't lie.

[lattethunder]

You try but sadly still fail.

In 2002 Amazon had an accumulated deficit of $3 BILLION DOLLARS... wow, what a crap company, whoever bought stock in that company probably hates themself right now -- said nobody.

The retained earnings (accumulated deficit) was in part absorbed once the company was taken over. It's like a relay race. If you're the best racer on your team and the past racers cause you to be behind, you can still do well once you have the baton to move the company forward, but you are still subject to where the predecessors have put you.

Retained earnings is not applicable to what the company is doing now, it's a metric that describes what the overall "retained earnings" are over the life of the company.

I'd venture to guess that every company, given the nature of the OTC market, has going concern statements in their filings because of the blood-sucking nature of lawyers. That's why the companies that are able to move onto better exchanges do so.

[Sonomavalley]

Trying to put lipstick on a pig.

[admir]

https://www.otcmarkets.com/stock/VBHI/news/Verde-Bio-Holdings-Inc-Discusses-Third-Quarter-Financial-Results?id=348321

[Sonomavalley]

Going Concern



We have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive acquisitions and activities. During the period ended January 31, 2022, the Company incurred a net loss of $2,997,728 and used cash of $1,141,157 for operating activities. At January 31, 2022, the Company has a working capital deficit of $523,777, and an accumulated deficit of $13,834,473. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. The unaudited financial statements included in this report on Form 10-Q does not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.


We will continue to rely on equity sales of our Common Shares in order to continue to fund our business operations. Issuances of additional shares will result in dilution to existing stockholders.

[OTCShotCaller]

AMEN

[marylandstockguy]

Very smart - being judicious on their purchases and looking after the shareholders. Didn't want to dilute us - I like where Scott's head is at. Nice close today - let's keep her going tomorrow.

[Swamp_gas]

Good business thinking on their part. Helps explain why that deal was taking longer than expected.

[admir]

Press release
March 10, 2022
Termination of deal that was not good enough to close because of current debt associated with the asset, protected the Co., and shareholders from high risk.

[Pennyes]

Strong Buy, not hold?
barchart-"WTF" is wrong with barchart has turned its fake "hold" on VBHI?, makes no damn sense!, this is in a bull rally!..double vol than avarage?. What is going on?..

[marylandstockguy]

U.S. officially bans Russian Oil Imports. We'll see if this helps this stock further.

[Pennyes]

Are you ready for this?, since my last call on Feb 02, it is up 50%!..and you ain't seen the real move yet!!..

next call!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168113822

[marylandstockguy]

Solid volume as we approach 16 mil here. It's the most I can remember for a single day of trading here in a minute, and it's only 12:45. I know last fall it was in the 80 million range at times, but seems like we've been in 5-12ish mil trading range for awhile.

[admir]

Broke 145
Resistance
Volume UP

[lattethunder]

Stock is up 50% over last week. What exactly do you mean when you say "the price will not move"? And in the literal sense, any price change is the stock "moving" but I've continually shown you have no precision with your words and are either lying or really just have no idea what you're talking about.

You are cherry-picking when you pick arbitrary time periods to pick one-off statistics. Give me any stock that is a "strong buy" on NYSE and I'll cherry-pick some numbers that look bad and then scream "SELL!". It'll be fun, like I'll get to be you for Halloween.

You also continue to think the only thing that drives the price of stocks is the price of their main underlying resource. It's a factor, but not the only one. Why is that so difficult for you to grasp, it's a pretty basic idea.

[admir]

Crude oil touches $130 a barrel as Russian oil is predicted to be included in the sanctions package

[marylandstockguy]

Good morning - let's see how the next three 10-Qs pan out. If by December this is languishing at a penny, you may well be right.

A lot could change over the next 6 months or so though. They might finally start getting their royalties rolling along with rising prices that could have impacts on this 10-Q, and, more likely, the one after that. Let's just wait and see. If the royalty revs are nothing to write home about, it could well mean that the wells are a dud.

I don't get that sense, but I don't have ESP.

[Sonomavalley]

Not cherry picking.

Oil and gas numbers hitting close to 10 year highs and you would think this company's market cap would be increasing. Even if the asset is in the ground the price is increasing.

For some reason the stock price will not move. Maybe someone dumping millions of shares for some reason. IDK

Numbers I post on stock price are from 1 year charts. They don't lie.

Spin this anyway you would like but in my opinion something is not right.

[lattethunder]

[lattethunder]

Absurd. The veracity of my comments has nothing to do with the price of the stock.

I can cherry-pick bad numbers just as well as you, the point is that it's cherry-picking and you aren't really presenting any credible information beyond that.

Stocks don't magically return 6x. That's not how things work.

[lattethunder]

You are correct, it's only a 100% gain. That's the high end of purchasing last year and selling yesterday.

[Sonomavalley]

Get the price up around .06 and I will believe everthing you say.

[Sonomavalley]

A year ago VBHI closed at .0155

I dont see the 200 percent gain.

[lattethunder]

It's sooo funny how you don't get it.

These arguments I make aren't made in a vacuum, they're made in response to your criticisms.

I'm not comparing these two companies, I made an argument about a company that is in the oil business and their stock price. Then you take my argument out of that context and try to put some other context on my argument which, as I would agree, doesn't apply.

Let me lay out the argument you stated: VBHI, which is in the oil business where the price of oil is $100/bbl has not had a corresponding equity price change.

My counterpoint was: Valero, which is also in the oil business where the price of oil is $100/bbl has also not had an appreciable stock price change as the price of oil. The point that Valero is "the largest global independent refiner" was the exact discrepancy I was highlighting -- how do you consolidate how such a successful company in the oil business hasn't had as an appreciable rise in stock price as the price of oil? The answer to that conundrum is the answer to your original question.

In a similar example of cognitive dissonance, I presented the case of Coca-Cola. They are in the business of selling soda (an analogy for oil). Their stock over the past year has grown appreciably but not nearly as much as the underlying price of their commodity, soda, so how could you explain that discrepancy? The answer to this conundrum is also the answer to your original question.

Regarding your claim that "you really never explain why the stock price is doing so poorly when oil prices are at record highs," that was literally the point of those two arguments.

Both those examples contradict your rather naive assumption that the only thing that drives the stock price is the price of oil, or as in the Coca-Cola example, the price of the underlying commodity.

So, do you see how I'm not really comparing Valero to VBHI? Just because those two companies are in the same sentence doesn't mean they're being compared. You have to look at the other words in the sentence, as well as the words that you used which that sentence was being formulated against.

With regard to your price assessment, I'll assume your numbers on Valero are correct and say this:

The price today over the price last year for Valero is 7.8% increase.

The price today over the price for last year for VBHI is 200.0% increase.

When you say overly broad and assumptive statements like that, things like "price for last year" can be taken in many different ways. But as I've shown above, subtlety and specificity of argument is not a tool that's in your toolbox.

[admir]

The current situation is in shareholders interest, there is the pressure to pump more, and the incentive to earn more with the higher prices. All intel suggest problems in Europe will be longer rather than shorter in time duration.

[marylandstockguy]

Let’s see what the quarterly reports over the next few quarters reveal on the royalty interests in the 400 wells. That will tell the story one way or the other. I think the upside here is huge based on current market cap. That’s the temptation here. We know Valero is obviously the safer play but to make a lot there you’d have to put in at least 50-100k and wait a number of years. It’s not like it has 100 percent a year gain possibility. It’s not going to 166 by this time next year. Could this be at 2.6 cents next year? No question IMO

[Sonomavalley]

You are seriously comparing these two companies?

"We are the largest global independent refiner and America's largest producer of renewable fuels, advancing the future of sustainable energy"

Valero is a refiner. They also payout a dividend every quarter. I dont believe VBHI pays dividends but not sure. Maybe you could let us know on that.

You mention "when other people extract resources" I believe that's oil but if not please let us know.

As for Coca-Cola, never drink the stuff and really don't follow the company. Not sure how that came up in the discussion.

You seem to get upset when info is presented, questions are asked but in the end you really never explain why the stock price is doing so poorly when oil prices are at record highs.

Valero $77 last year. Today over $83

VBHI .0175 last year. Today .0128

[PayDirt!]

I see the forum finally got changed from misc. to gas/oil category.

[marylandstockguy]

I'm excited by this company too...whether or not oil rises in price, they stand to do well with the royalty interests in all of their wells. It's a huge number, per their PR on November 2:

"VBHI has revenue producing royalty interests in approximately 400 wells across the most active areas of the United States."

With oil where it is now, you'd think they're getting some very healthy royalties - they wouldn't be as high as they might be in the quarterly report to follow this upcoming one (I am hearing the next quarterly could come around March 15?) but you'd have to wonder what the numbers could look like in the June report, if that's when that one comes out.

But heck, oil could be at $20 a barrel, and they'd still be getting royalties, just not as high. Still - one would think this could be their year - oil has been high from the get go, and we don't know if they'll sanction Russian oil moving forward.

[lattethunder]

See, you know nothing about this company. It's a mineral rights and leasing company that makes money when other people extract resources.

Valero, an oil refiner, is in the oil business but their stock is relatively flat over the past year, do you think they're a dry well too?

I'm sure you must also be completely stumped why the price of Coca-Cola stock is rising when the price of soda isn't $100/barrel.

[Sonomavalley]

This company is in the oil buisness. Oil over $100 and stock price still in the dry hole. Numbers don't lie.

[admir]

Beautiful
L2 breakout
right now

[admir]

MT Newswires

West Texas Intermediate crude oil surged 9.7% to $104.58 a barrel, heading toward a 14-year high.

[admir]

BBC (u.k.) reported this morning new highs for the price of gas, mostly blaming the problems in Europe and the sanctions

[lattethunder]

Easy to argue your "facts." See below.

FALSE: "The price of oil is up 100 percent from last year at this time"

What price(s) are you using, and which crude product? I could find nothing to support this. There's also much geopolitical instability from very recent events that are spiking the price of oil, and your numbers still don't work.

PARTIALLY TRUE: "on Febuary (sic) 25 2021 VBHI stock price was at .02"

The price on 2/25/21 ranged from $0.017-0.021 and closed at $0.019.

MISLEADING: "Stock price is down 50% as of today."

You cherry-pick numbers harder than George Washington. The stock traded yesterday in the range of 0.0095-0.0105. On an annual basis the stock is down anywhere between 38-54% depending on your buy/sell price. 50% is in the range, but it's on the high side. Regardless, YoY returns say nothing about where the price is going, only about where it has been.

You also seem to imply that there should be some sort of correlation between the price of oil and this stock price. How correlated (R factors are what is typically used to describe correlation)? It's an underlying factor, but not the only thing that drives the price of equity.

TRUE: "the high on March 17 2021 was .107"

Wow, a bonafide true fact from you. Congrats on this achievement. But how is this relevant at all to anything?

WHATABOUTISM: "Is Scott Cox salary down 50%?"

Yes it is, to some extent. You didn't really state a position, "just asking the question." CEOs often get lambasted for their compensation. One reason for that is that many CEOs are compensated heavily with equity -- IN ORDER TO ALIGN THEIR COMPENSATION WITH THE STOCK PRICE. This can be good or bad, as it can create perverse incentives for executives to operate the company quarter-to-quarter as opposed to focusing on long-term outcomes at the expense of short-term earnings, but investors like it because it aligns their outcomes with executive compensation.

"Feel free to explain why this company is performing so poorly while the entire energy market is booming."

I'd love to. You correlate company performance 100% with equity price. You also seem to correlate "energy market" with the price of oil. Those are incorrect. Equity returns are only one piece of company performance. This company is performing well for one of its maturity -- producing revenues, executing on projects, growing assets, improving market positioning. I imagine they are looking ahead to greener pastures.

FALSE: "If you need to personaly (sic) attack me, so be it."

How did I personally attack you?

FALSE: "But like I have said before, the numbers don't lie."

Numbers don't lie, but you do (although perhaps not on purpose. You might be doing your best but falling short. Hard to say). In any event, you wouldn't know a fact if it slapped you in the face. You regularly avoid my cogent arguments and try to stand on your podium and scream about "facts" that are tainted and barely true, if at all. You seem unable to understand basic concepts involved with investing, equity returns, and a myriad of other items just in an attempt to denigrate this company. I find it rather entertaining and hope to understand more someday.

[Sonomavalley]

Difficult to argue facts.

The price of oil is up 100 percent from last year at this time and on Febuary 25 2021 VBHI stock price was at .02

Stock price is down 50% as of today. Also the high on March 17 2021 was .107 I won't go there today.

Is Scott Cox salary down 50%?

Feel free to explain why this company is performing so poorly while the entire energy market is booming.

If you need to personaly attack me, so be it. But like I have said before, the numbers don't lie.

[PayDirt!]

Approximately 20 days left till the Q comes out. With all acquisitions except one recent one in pay zone they should have great revenues.

[lattethunder]

Closed +21% yesterday. "Slope" is not a thing investors use to evaluate investments, but it might be 30 degrees if you were to tilt your head 30 degrees to the left. Perhaps you should straighten your neck and get a level.

You can add your slope to this list: https://nypost.com/2008/12/28/lies-damn-lies-statistics/

[Sonomavalley]

Has the look of a 30 degree downhill slope.

[lattethunder]

Wow, you're right. That was simple. I looked at the yearly chart.

[Sonomavalley]

I will keep this simple. Look at the yearly chart.

[lattethunder]

Help me understand, because I'm rather positive about the prospects of this company and don't pay much attention to OTC companies.

If I'm missing something I'd like to know about it, but "They don't care. Monthly paycheck. And the process starts over." literally doesn't mean anything discernable. You're like a less comprehensible Yoda.

[jacthenewinvestor]

Looks like today may be a pretty good catalyst for this stock. Just loaded up some more. Wish I had more capitol but I think 20K shares could be life changing, for me personally, in the next 5 years!