Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Lol great line item worth pointing out to help us better understand. Now we just need to account for the other $1,999,915 per month
Sorry I don't have PM, but all I have to say is me too, man; me too.
Time will tell all.
Hey cheap dividend stock for sale.
Now that they're up to speed on their SEC filings and have approval for the new class of stock, there's "no reason" why this can't all happen just like it didn't in 2011
Holy crap we got a 10Q
I'm shocked to see that current o/s issued is only 1.3bln of the 3bln available. I anticipated more dilution since the approval of the increase. They've only given out 25 million shares since June 30, actually impressive considering the level of "activity" we have seen.
Ha! I'd roll and smoke my whole stash tonight if this dead horse broke .042
And here comes the middle finger pattern forming
Ahh a vigilante. I can dig it
Yeah the whole thing wasn't clear; as intended I assume.
Why are you here, then?
You'll know when the dividend gets added to your trading account *smirk
Hey just because he has a criminal record and a history of not following through on anything with cbis and a henchmen named Kane taking his calls and taking even less action and an historical dividend payment for 2011 shareholders is also due; doesn't mean.. Aww hell, you're probably right.
Wait, I thought the ex date was Monday. Wouldn't that have made Monday the last day to get the dividend? I was under the impression that the pay date for the divy was today.
Ohhhh you're European. 10/9 is the way we express October 9th in America.
Yeah they posted Q4 2014 financials at the end of Q1 2015; just soon enough to avoid being CBIS'QB' which they have had happen before. And I imagine it will happen again soon if they don't file Q2 soon
Well, they're really a pharmaceutical research company (if you're assuming they're actually being truthful and not a scam) so the expectation is that they will accumulate debt until they have a drug to license or get bought out by some giant like Pfizer or Merck.
Make sense?
This is pretty routine for them. They haven't filed a timely 10q in probably all of the time I've followed them (6 years). Besides; who wants to look at a spreadsheet with a ton of $0s and a big negative number? Lol
Well, america doesn't give a shyet haha. But that is valuable information and I thank you for sharing it with the board, sir.
For the record, both your approach to predicting future share price and mine are both valid and mathematically sound.
We both assume the market will support the change.
Technically what you've done is model it after a stock split. What I've done is model it after a valuation for the dividend. In this case it's actually a coincidence that they are the same, because the o/s of the current stock is exactly 30x the future o/s.
Essentially CBIS is doing an exclusive reverse split in order to reach Nasdaq listing requirements.
The price isn't fixed but it's determinable with a linear economic application of simple math, really.
That is to say that the new class share structure is expected to be 100mln outstanding. The current share structure is 3billion and going at 3 cents. So given current market cap of 90 million spread over 100 million shares is about $0.90 a share.
Haha I like what you did there
Still only tentative but the issuance date is 10/9
It's the new class share structure that has warrants for $1 attached to it. Not this one.
Fact. .025 to .03 is exactly a 20% move up, and on relatively low volume as well. Watch for the ex date rush
What's a stadion?
I think we are riding on the hopes and dreams that this dividend offering doesn't fail to execute like the one in 2011/2012 did.
"Technically" .027 is a breakout of the bollinger band and above the support of the moving averages and we also "technically" have some convergence bullish signals happening right now.
Technically
Hey, endo was Kane's scam, not dabney's... But I guess that doesn't really matter
Or 1 for 10 if you've been a long time bagholder like some of us (me) (12/31/2010 is the 1/10 ex date)
8 trading days not counting today
Hahaha. It's funny because it's probably true. Although I remain optimistic because I am a shitty investor
You have to figure that either means they're really great at scamming/the SEC sucks at their jobs. Or there is actually something good in the works here.
I would say it's actually in the midst of a pull back. Nothing verge about it
Cheers to that
I agree that in some cases, news is not expirational. But when we are looking at a threat to cease trading that is nearly 6 months old and not acted upon, I think we are safe.
If the SEC wanted to shut down trading on cbis, they would have done it within a couple of business days.
If there is a more recently dated notice, I would consider it news; but given the timeline, they will have to post another one.
6 months is a long time. News expires same day in most cases.
Expired news. They're always walking the line with the sec
I hate this company right now
Technically the daily MM flow is a short sale by definition, but it's not an accumulated short position. But a valid point, since it's definitely a misrepresentation of shares shorted