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07/21/2017 | 08:45am EDT
ATHENS, GREECE--(Marketwired - Jul 21, 2017) - DryShips Inc. (NASDAQ: DRYS),
Key Financial Information as of July 21, 2017, post reverse stock split:
Cash and cash equivalents: approximately $58.6 million (or $11.30 per share)
Book value of vessels, including advances: approximately $652.6 million (or $125.86 per share)
Debt outstanding balance: approximately $237.5 million
Number of Shares Outstanding: 5,185,153
http://www.4-traders.com/DRYSHIPS-INC-35897667/news/DryShips-Inc-Reports-Updated-Key-Financial-Information-Post-Reverse-Stock-Split-24797448/
$20k @ .5 $20k today @ 1.3
mkt cap $11.2 Million
Mkt Cap = 7.5mil
now 50 cent shares are available.
Williams %R = -99.92 The lowest reading is -100 which it hit numerous times during the day.
Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Readings from 0 to -20 are considered overbought. Readings from -80 to -100 are considered oversold. Williams %R reflects the level of the close relative to the highest high for the look-back period. This is a bound oscillator and oscillates from 0 to -100. As a result, the Fast Stochastic Oscillator and Williams %R produce the exact same lines, only the scaling is different. Williams %R corrects for the inversion by multiplying the raw value by -100.
So Far
Market Cap 18 million$
$80.8m cash on hand, $500m net assets. (vs) mkt cap $28m.
market cap = $28m
market cap $28 million
So.. $500m net assets. market cap 28mil
bought some
market cap 28 mil. Cash on hand 80 mil.
On Monday, July 10, the company declared a quarterly cash dividend of USD 2.5 million to the common shareholders of record as of July 20, 2017 and payable on or about August 4, 2017
.
Based on its latest update, DryShips held USD 80.8 million in cash and cash equivalents, with book value of vessels, including advances, of USD 625.1 million. Its outstanding debt balance totaled USD 237.5 million, while the number of shares outstanding stood at about 26.6 million.
http://worldmaritimenews.com/archives/224876/dryships-court-denies-restraining-order-application/
$80 million in cash. Maybe, 100 million shares.
Weird. The current price .80 means DRYS could buy 100 million shares with the 80.8 million held in cash.
Based on its latest update, DryShips held USD 80.8 million in cash and cash equivalents, with book value of vessels, including advances, of USD 625.1 million. Its outstanding debt balance totaled USD 237.5 million, while the number of shares outstanding stood at about 26.6 million.
Anyone know the Monday 4pm ruling in Marshall Is?
It's 4:26 am July 18, 2017 in Marshall Is.
Time flies when your having fun. Last Monday's news.
On Monday, July 10, the company declared a quarterly cash dividend of USD 2.5 million to the common shareholders of record as of July 20, 2017 and payable on or about August 4, 2017.
Based on its latest update, DryShips held USD 80.8 million in cash and cash equivalents, with book value of vessels, including advances, of USD 625.1 million. Its outstanding debt balance totaled USD 237.5 million, while the number of shares outstanding stood at about 26.6 million.
Three lawsuits, so far.
Class action lawsuit.
Investors who purchased the Company’s shares between June 8, 2016 and July 12, 2017, inclusive (the “Class Period”), are encouraged to contact the firm before September 12, 2017, the lead plaintiff motion deadline.
The Complaint alleges that during the Class Period, DryShips made materially false and/or misleading statements, and/or failed to disclose material information, specifically: that the Company engaged in a systemic stock-manipulation scheme to artificially inflate its share price; that DryShips’ transactions with Kalani Investments Ltd. were an illegal capital-raising scheme, due in part to Kalani’s failure to register as an underwriter with the U.S. Securities & Exchange Commission; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. Since November 2016, DryShips’ stock price has fallen about 99%, causing investors harm.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
http://www.businesswire.com/news/home/20170714005652/en/SHAREHOLDER-ALERT-Goldberg-Law-PC-Announces-Filing
SHAREHOLDER ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against DryShips Inc.
July 14, 2017 09:14 PM Eastern Daylight Time
https://www.bing.com/news/search?q=Class+Action+Lawsuits+DryShips&qpvt=classaction+lawsuits+dryships&FORM=EWRE
Pomerantz Law Firm Announces the Filing of a Class Action against DryShips Inc. and Certain Officers – DRYS
http://www.einpresswire.com/article/392431697/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-dryships-inc-and-certain-officers-drys
American Green Inc (OTCMKTS:ERBB) Closes JV With Hempful Farms
American Green Inc (OTCMKTS:ERBB) has closed the formation of a JV with Hempful Farms, Inc. This deal will enable the firm to sell and market Paw Puddy pet line of cannabinoid offerings in American Green’s web store. These products will...
Marijuana
By Brandon Manns on Jul 12th, 2017
https://www.mmjobserver.com/author/bhargavisatya/
There are 56,000* investors of which 6500 have signed up for the company news letter/email.
8$ by Monday, it might.
get some I must, before Monday.
$$$$ERBB$$$$. Lets get growing!
For the recipients of that product and the shareholders for whom its completion and operation will build value, we consider this one of the most important days in the company's eighteen year history," Mr. Gwyther concluded.
http://www.marketwatch.com/story/city-of-phoenix-grants-full-building-permit-to-american-green-for-cultivation-facility-2017-05-04
Crazy and exciting!
Adult Use Marijuana Laws Do Not Adversely Impact Traffic Fatality Rates
June 22, 2017, 9:45 pm Johnny Green Marijuana Legalization
https://www.weednews.co/adult-use-marijuana-laws-do-not-adversely-impact-traffic-fatality-rates/
7 States To Watch In 2017 For Marijuana Legalization
https://www.weednews.co/7-states-to-watch-in-2017-for-marijuana-legalization/
Study: CBD Administration Reduces Blood Pressure
by Paul Armentano, NORML Deputy Director
June 20, 2017
Comments
Oral CBD administration is associated with reduced blood pressure in healthy volunteers, according to clinical trial data published online in the Journal of Clinical Investigation.
Investigators from the University of Nottingham in the United Kingdom assessed the effects of a single oral dose of 600 mg of CBD extract versus placebo in nine male subjects.
Cannabidiol administration reduced resting systolic blood pressure and stroke volume (the amount of blood pumped by the left ventricle of the heart in one contraction). Compared to placebo, CBD intake was associated with reduced BP levels following exercise and in response to stress. Increased heart rate was observed following CBD administration, but no “adverse events” were reported by participants either during or following the study sessions.
Authors concluded: “Our data show that a single dose of CBD reduces resting blood pressure and the blood pressure response to stress, particularly cold stress, and especially in the post-test periods. This may reflect the anxiolytic and analgesic effects of CBD, as well as any potential direct cardiovascular effects. … Further research is also required to establish whether CBD has any role in the treatment of cardiovascular disorders such as a hypertension.”
- See more at: http://blog.norml.org/2017/06/20/study-cbd-administration-reduces-blood-pressure/#sthash.eTgjl0FK.dpuf
http://blog.norml.org/2017/06/20/study-cbd-administration-reduces-blood-pressure/
Vermont: Lawmakers Approve Measure Eliminating Penalties For The Adult Use Of Marijuana by Paul Armentano, NORML Deputy Director May 10, 2017 House and Senate lawmakers have approved legislation, Senate Bill 22, to eliminate criminal and civil penalties specific to the adult use and possession of marijuana. The measure amends state law so that the possession of up to one ounce of cannabis and/or the cultivation of up to two mature plants (and up to four immature plants) is no longer subject to penalty. It also establishes a nine member commission to make recommendations to the legislature regarding how best to regulate the adult use marijuana market. If enacted into law, the penalty changes would go into effect on July 1, 2018. Senate Bill 22 now awaits action from Gov. Phil Scott, who has previously expressed support for decriminalizing marijuana. Vermont’s legislature is the first ever to approve legislation eliminating criminal and civil penalties for adults who possess or grow marijuana for non-medical purposes. - See more at: http://blog.norml.org/category/legalization-2/#sthash.D4DrMp3V.dpuf
http://blog.norml.org/category/legalization-2/
60 percent approve legal marijuana.
http://money.cnn.com/2017/04/19/news/legal-marijuana-420/index.html
Convenient cannabis: Vending machine checks ID
Zlati Meyer , USA TODAY Published 8:19 a.m. ET May 11, 2017 | Updated 8:30 p.m. ET May 11, 2017
https://www.usatoday.com/story/money/business/2017/05/11/vending-machines-sell-booze-pot/101514340/
This Biometric ID System Allows You To Buy Weed, Booze And Other Controlled Products From A Vending Machine
Javier Hasse , Benzinga Staff Writer Follow
June 10, 2017 12:38pm Comments
https://vimeo.com/216454189
The Joint Venture will allow the company to market and sell Hempful Farms' 'Paw Puddy pet line of CBD products in American Green's online store found at www.americangreencbd.com and available on that site in the next few days.
https://americangreencbd.com/product-category/cbd-pet-treats/?id=wpf_58c7aa91741d9&wpf=1&wpf_cat=cbd-eliquids,cbd-isolate-balms,cbd-mints,cbd-pet-treats,cbd-tincture,paw-puddy
The positive results led to the birth of Paw Puddy, a product line geared toward helping pets. Chris and Andrea Martin have been making their hemp-infused Paw Puddy products in limited space; however, the popularity of their products dictates they expand their facilities immediately in order to keep up with demand. Hempful Farms' venture with American Green will make that happen.
"We've been working toward this in some way for over two decades. It's great to finally have a partner like American Green who we can work with to get to the next level. Our demand is already beyond our current ability to fulfill because our products are so popular with current customers. Now we can increase supply and service even more people with confidence. The Paw Puddy line (and our other products) should to be enjoyed by anyone and everyone who needs them. Today marks the day we can sincerely begin to speed up achieving that goal," commented Chris Martin.
"We've had a deep appreciation for CBD and the hope it holds for people and their pets for several years. Expanding American Green's product line has always been part of ERBB's plan and this joint venture is an excellent beginning of that expansion," said David Gwyther, Chairman and acting president at American Green. "We look forward to the day when yet-undiscovered cannabinoid solutions to a healthy life join CBD as a natural way of combatting the health challenges experienced by people and their pets. Working with Chris, Andi and the team at Hempful Farms to offer their products is a day we have long awaited," concluded Mr. Gwyther.
https://americangreencbd.com/product-category/cbd-pet-treats/?id=wpf_58c7aa91741d9&wpf=1&wpf_cat=cbd-pet-treats,paw-puddy
April 20, 2017 - U.S. Voter Support For Marijuana Hits New High; 60 percent say marijuana should be legal, 94 percent say medical marijuana should be legal
American voters say 60 - 34 percent "that the use of marijuana should be made legal in the U.S.," the highest level of support for legalized marijuana in a Quinnipiac University national poll. Republicans and voters over 65 years old are the only listed party, gender, education, age or racial groups to oppose legalized marijuana.
Voters also support 94 - 5 percent "allowing adults to legally use marijuana for medical purposes if their doctor prescribes it," also the highest level of support in any national poll by the independent Quinnipiac (KWIN-uh-pe-ack) University.
Voters oppose 73 - 21 percent government enforcement of federal laws against marijuana in states that have legalized medical or recreational marijuana. No group supports enforcement in states where marijuana is legal.
Voters support 76 - 18 percent reducing the classification of marijuana as a Schedule 1 drug, the same classification as heroin. Again, all listed groups support this reduction.
https://poll.qu.edu/national/release-detail?ReleaseID=2453
This Biometric ID System Allows You To Buy Weed, Booze And Other Controlled Products From A Vending Machine
Javier Hasse , Benzinga Staff Writer Follow
June 10, 2017 12:38pm
https://www.benzinga.com/news/17/06/9530401/this-biometric-id-system-allows-you-to-buy-weed-booze-and-other-controlled-produc