Married
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Yes I just wanted to make sure they didnt mean December 2019 bro. I contacted IR to make sure.
Enough said.
On a positive note beacon can start covering their 3M short position.
No etrade sucks, no buying without calling. I think the printing presses have been in full operations. Will know 4/6 or so when OTC gets updated.
The more I read it, I'm guessing they are just saying in the past we had a negative cash flow from operations. Proceeds from this dilution and future are not expected to be needed for that.
Buyout emh I'm good with it even the horseshit timing. Thought maybe 2018 was a typo but i guess it wasnt.
I saw that I'm asking about the 2nd paragraph. The 2nd paragraph makes no sense and should be deleted, my thoughts.
Personally I think mike handed beacon shares before good 4Q to make up for screwing them on 1st bought deal. Otherwise the timing makes 0 sense and only a retard would do it before good earnings.
Dont really understand their use of the proceeds? How is December 2018 even relevant? Anyone?
USE OF PROCEEDS
The estimated net proceeds to the Company from the Offering, after deducting the Underwriter’s Fee and the expenses of the Offering (estimated to be $250,000), will be approximately $9.15 million (or approximately $10.56 million if the Over-Allotment Option is exercised in full). The Company intends to use the net proceeds of the Offering for working capital and general corporate purposes, which may include contributing additional equity capital in the Joint Venture. The Company has not definitively determined how all of the net proceeds of the Offering will be spent as any decisions in respect thereof will be dependent upon, among other things, market conditions and competitive pressures which may evolve and develop in the future. As such, the potential uses of proceeds described above are based on the Company’s best estimates as of the date of this prospectus supplement and are subject to change. See “Risk Factors – Risks Related to the Offering – Use of Proceeds”.
The Company had negative cash flow from operating activities for the fiscal year ended December 31, 2018. The Company’s cash flow from operations may be affected in the future by expenditures incurred by the Company to continue to develop its cannabis and hemp businesses. The Company, however, does not currently intend to use the net proceeds of this Offering to fund any negative cash flow from operating activities that may occur in future periods. See “Risk Factors – Risks Related to the Offering – Negative Cash Flow from Operations
Not much being added but not too sure I understand his timing.
https://newsfilter.io/a/d5d18ee0a91a4d80443d4643cd52ef84
I may need to hold my hat on.
Thanks. Current price is unbelievable!
Its definitely sad times world wide. I believe we have a reasonable chance of flattening the curve in the usa keeping impacts to less then 16 weeks.
It is a flu not the plague keep in mind
https://informationisbeautiful.net/visualizations/covid-19-coronavirus-infographic-datapack/
I accept your perspective, however I bought $20,000 more vff today.
Stay healthy and hope the best for all world wide.
78,000 on the bid at 2.5....I wonder why.... Rhetorical.
May our country quickly surpass the crisis and may all keep their health world wide.
Shocking what we have to read here at times. Lots and lots of once in a lifetime opportunities my friend. I really thought general math was like 1st grade.
Fear mongers, rational intelligence is gone atm :)
I'll be the 1st to admit you were right in all sincerity. The pure silence by RM and lack of updates in sales along with world wide hysteria was beyond my expectations.
You were far more right then my guesses/projections or many I've seen here. I really didnt see it going here once RM stopped the dilution machine.
I know RM said he would update us shortly back when we were at .02, then changed his tune a day or two later and said they would be updating their website with much of the information I was asking about. Very irritating! I begged for a shareholder letter and update back then.
I STILL really Hope they succeed and bought a few at .01 and will consider ADDING maybe .005?? Real products, just no real details and dont mind buying even if at higher when we see a real trend change. It's a tad sad to me that the best updates we've received are from shareholders and not VATE, seems backwards to me and I'm sure many feel the same. At this point it may not even matter until hysteria calms.
Go vate and hoping we see a reverse trend in the coming months.
Just for you... In theory they can sell all their assets 188M, pay off all liabilities 58M) and pay every shareholder (130M/53M shares) or $2.45 cents USA. Do you understand this complex thought process? If not take another doobie hit.
Your welcome.
Go village farms.
Investor Relations told me today:
"As you may know, Pure Sunfarms is selling directly to three of the four largest provincial governments (representing nearly two-thirds of the Canadian population) and its products are available on those provincial government run web sites and in retail stores."
I can see their on line sales exploding in this environment
So your saying a market cap of 95M is appropriate and fair value for a company that has over 180M just in assets. Is that really how you do valuations? Where did you learn this unconventional method?
Oh I get it your just a fear monger. Ty for clarification of your intentions and qualifications.
I got 10k dry powder I'm ready :)
Nice wipe :)
Bought 3105 more at 2.7 today. Place 2nd 3000 share buy in the 2.50's.
I like the ONE true Canadian cannabis leader!
Anyone else buying at these insane prices. Market cap is significantly below book value :)
I will be surprised if they dont report
.11 eps or higher. Will it matter, no idea as all rational thinking has evaporated.
All things consider vff held up ok today.
Your right from vff IR
With respect to Q4/year end reporting, Village Farms has not as of yet announced a specific date for its Q4/year end 2019 financial results. Village Farms has typically reported its Q4/year end 2019 financial results around mid-March, however, this year will be a little later in March due to the Company’s required change to US GAAP reporting (the Company has until the end of March to report and file its Q4/year end 2019 financial results). The Company will issue a news release closer to the actual reporting date with the specific details of the dates/times for the news release and the investor conference call (and how to access). If you have not done so already, please sign up for the Company’s automated news release notification here: http://villagefarms.mediaroom.com/email-alerts?type=1.
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Do you still own any? You buying 1's?
If they would just stop for a week, it would be interesting?
Wish the CEO would actually renegotiate the debt, oh wait I mean just do what he said he was going to do, oh wait I mean just tell the truth once! :)
Can we get it once? Dont compulsive liars even occassionally throw in a truth?
I agree april outstanding will be interesting. I Still like the .0001s
Also did the infomercial by the shark tank fall through?
Yes there is 269,694,444 restricted shares.
Well unfortunately or fortunately they diluted to 560M so you have to own 28M to get to 5% now. Even the Sherman tank dont own 28M.
They just need to turn on the lights.. A press release saying management didnt die of the virus would even be something at this point. Jk
You may be right, that's so sad if true. He will get absolutely fried soon if he has 0 truths in these misleading press releases, I'd guess.
I think it doesn't change as they may be converting at .0002?
Does anyone get any .0001's, been trying for a week, long line? Just curious if anyone gets em.
Has anyone ever actually tried their products? Thoughts?
Even with note conversions, seems like .0001 worth a gamble if this company is the least bit real, even with how misleading they are.
I know getting into Walmart isn't that easy, so that in itself say a bit for a stock at .0001 with mass dilution. If they ever stopped it could bounce a bit.
Anyone?
It doesn't help that etrade makes us call it in everyday. A pain in the ass.
Good buy I think Sherman. Would be nice to see a heartbeat here.
Stay unique!
P.s. customer complaints to Etrade haven't help solve the issue :( I've complained everyday.
Had to buy some nxttf today. Price is crazy
Glta
Well congrats on pctl, I made a couple $ on it but nothing like your slaughter. Invest a few more thousand here haha. The only redeeming value about today was 0 volume = 0 dilution. Lol
I'm hoping the virus is the cause in the delay on the RM but one could come in a blink. I'll wait it out.
Stay unique !!
Holding 10M wiper. I too am holding as I believe a RM will happen.
RELAX
Right on !
No.... the only redeeming fact is the restricted were increase by almost 200M, otherwise just posting facts. Wipe?
Over 400M since January isn't a little bit.
Btw market cap is share price x shares outstanding, hence the massive dilution the last 2 months has Decimeted the market cap directly.
So clarify your point. They have little to no book value or assets so why should it have a reasonable market cap?
Dilution Machine
https://www.otcmarkets.com/stock/UNEQ/security
Share Structure
Market Cap
389,495
03/09/2020
Authorized Shares
1,000,000,000
03/06/2020
Outstanding Shares
560,578,888
03/06/2020
Restricted
269,694,444
03/06/2020
Unrestricted
290,884,444
03/06/2020
Might see a strong close today :)
Incredibly thin moves on air! Stay unique bro!
Yes I ask etrade this morning, they told me volatility.
Great job love the un-emotional trader, congrats to you on your trades.
I know rs without merger made no sense on the stark mislead.
Fantastic if you did that. My 1.5M buy is in at .008.
I love that strategy on otc. Best of luck
Keep changing your mind? Flipper? It's all good.
Stay unique!
Thanks I appreciate it. Happy friday ! Glta