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yes, bookem. this is a great time to buy, though it's impossible to know what
the bottom is. cbdd remains hugely promising, as does the cannabis sector
in general. i do not think it is so much that buyers are scared of cbdd now,
it's that they have no idea whether the company and the ceo has what it takes
to turn things around.
it's an if and when situation, and i'm inclined to believe good things will start
happening within the next year or so.
glta
12 or so years ago i bought millions of shares of biel. i paid .0007 for those
shares, then averaged up all the way to .0017, where i guess i wised up and stopped,
now here it is, so so much has changed, so so much is different. but good
ol biel, the stock is the same price as when i first bought in. halleluia. eureka.
we should all be very upset. paul looks like he's no better than his predecessor.
not filing--inexcusable. no communication of any kind with investors--inexcusable.
my guess: he took the job, got inside, discovered that it was impossibly screwed
up, and has been looking for a way to exit either with dough or at least without
getting hurt.
nevertheless, the lack of communication, that's skanky. not criminal, not actionable in pinkie land, but morally low class.
i liked the cut of his jib when he started. but you just can never tell...
ctdt was finished the moment mr. snaper failed to recognize chaz for who
he is. he was far from alone. no matter the evidence, many here so wanted
to believe, some were even in substantial contact with chaz. the fact is, chaz is good at lying and being a criminal of a certain kind that rarely gets punished but
is more deserving of prison than a lot of inmates. he is as persuasive as he is
dishonest.
there are plenty of chaz's; they are a dime a dozen...
at .0007 the pps is where it was before fda approval, deals, anything. fix
the share structure? do something creative/inspired?
kelly, like her father before her, has a pretty comfortable life. in her case, it's
not even that she has no motivation to increase shareholder value. she would
actually rather not, for reasons all her own. she's plenty smart, but from an
investor's point of view, it'd be very hard to limbo below her ability as a ceo.
a competent manager would have biel at pennies in short order. it'll never
happen under her guidance.
badali. your post does not address what i wrote, but what you say, that is my hope too. i am optimistic, though i admit my confidence isn't high enough to
buy more shares, even at these low low prices.
good luck paul, good luck badali, good luck all!
paul hasn't yet been able to make a discernible difference in how cbdd functions or how its actual or perceived progress is going. it's impossible as an investor
to know anything. based on his track record, however, i'd have thought he'd be more communicative, able to raise capital, and timely in cbdd's filing. i'm down
80+% of my investment and decided awhile back i'd ride it out to 0.0 or to
a big turnaround.
good luck everyone!
sad but good: seems everyone has moved on, hopefully to greener pastures.
chas is a crook, articulate, even compelling. upside: he is a useful lesson: ignore
what's said, be alert to what is done.
glta!
i think they're doing a damn good job of playing this like a fiddle. no deal. not
one word indicating there will be one. faith in lebby the brilliant scientist is nice but has no relation to whether the company can make a deal or deals. they
haven't ever, they offer nothing about what's holding things up now, there is
nothing except pure speculation. meanwhile, the evisceration continues, allowing
smart investors to make piles of money while longs sit on hope.
steve43. please help. i'm looking for a worse place to park my money than
biel. 12 years, in trips, hardly a gram of communication from management,
everything about its products suggest at least small success, yet agonizingly,
nothing boosts the pps...
12 years: could've put the money in treasury bills or an index fund and the
cumulative profit would've been enough to take great vacations, buy lots
of things, give sweet gifts.
so: it's not easy. except for companies that ceased to exist, can anyone come
up with a worse long term investment?
no, it's not typical.
words so far from our new ceo. good sounding words. but concrete actions
that would have a positive effect on shareholder value? if they succeed in
acquiring mellow, that might be good. impossible to know anything at this
point. though the pps, that's spinning in the toilet...
srin. every stock is manipulated, every single one. and yes, at the same time,
perception plays a huge role. but in the long run, based on things like sales,
revenue, cash on hand, transparency, etc. companies can establish a baseline
value and a trading range that is subject to all kinds of short-term spikes
and upheavals. biel has been around a long time. in certain ways they have
achieved a very great deal. however, when it comes to the fundamentals, omg
are they the pits, as they've been for a good chunk of my life.
how's your investment doing? mine? don't ask...
unless paul intervenes with either a positive pr, the audits, or some
form of communication on social media, cbdd could go down to ????
there have been indications he has a good business plan and his background
suggests at least competence. but so far shareholders like me have nothing
except hope that these are early days and a very big turnaround is in the
offing. in the meantime i'm stuck: selling i'd take an unacceptably big percentage
loss; buying when this could go to .0001 is inconceivable.
fingers crossed. best for me not to even peek for several weeks minimum...
glta!
12 years. all the great news. an opioid crisis. a product that works. sometimes
it works merely well, for many it works great. it has more uses than you can
shake a stick at. it is more than halfway through 2022.
the pps is .0007!!!!!!!!!!!
.0007.
spiro rombotis. not just in the usa, but globally, he would be right at the
very top of highest paid, longest standing, and worst ceos. can't even imagine
how corrupt the board is. if he has family, not even they would've let him
keep his job. he's smart, he's very articulate, hard to imagine a bigger fraudster.
if cycc wasn't what it is, he would've been out 10 years ago. or more...
ghost. biel has made lots of achievements. the problems with the company
are so numerous the pps is in trip--trips!--after everything.
i wish there was a way to make a big bet on whether biel will reach copper or
go bankrupt. you can't short it and buying more, what a terrific place to
put your money that is.
dude abides. yes! good companies, well managed companies, they respond
to this kind of takedown. otherwise lawsuits start flying. very surprising to me
that marcelli and/or lebby haven't responded at all. silence has zero to do
with integrity; after all, it's their integrity that's being challenged. they've been
called liars, cheats, scammers. that is so false, such baloney done purely
to make money. forget any point by point riposte; just say, it's all false, we will
triumph exactly in the way we've been outlining for months.
what happens if nothing happens on the 26th? nothing new is announced?
where does the pps go?
gailm. how right i'm sorry to say you are. there's a lot more we could shake an
angry fist at when it comes to biel and how the whelans have operated it--strictly
for their own benefit. while feeling furiously justified the entire time. ug.
nrdc92. what i'm saddest and maddest about is how i've failed to act time
and again. sell when it flies, buy when it crashes, the opportunities have
been many. you're right in what you say, but i've stood by and watched them not be able to make a single deal, as pumping posters kick the can down a well worn road. lwlg has provided a number of opportunities for investors like me to make very good money and i've told myself again and again, take advantage of this repeating cycle. but noooo. now it's anticipation about the asm. being able to
sell is what separates good investors from ones who hold on emotion like me...
yes dude. all true. but.
no one here offers the possibility that someone knows something very negative.
the possibility of bad news is every bit as real as the possibility of good news
we've all been waiting for for quite some time. it's a real nail-biter.
yo tie. lwlg doing a great deal worse than the market. company's behave
differently. they're independent. management calls the shots. i'm invested
in many, some of which are very responsive, communicative. lately. lwlg
has a very poor history in this regard. continues to this upsetting day!
nrdc92. so true!
lebby et al see what's going on. evidently it's not enough to communicate
to us long loyal longs...no news is not good news...
proto. why oppenheimer now? if things are lined up, if they're on the verge
of a deal, why another conference? also, please, why the big bonuses before
an imminent deal? yes, they've worked incredibly hard for a long time. but why
now? why not wait until at least one deal which everyone has been waiting for
for so long?
aren't you at all concerned?
mdk1. these are not games. lwlg is a speculative tech with no revenue in
its history. investors have been waiting for the announcement of a deal for
a long time. people are trading in and out to make money. we longs are
completely vulnerable. we have our faith in team lwlg and in dr. lebby. until a deal
or deals are finalized, that's all we have. it's agonizing, but all we can do is be
patient and hope.
toohot et al. the way things are stacked now, the outlook for biel is the worst
it's been in my long long association. so much good news, so many things
have happened--yet look where we are. we are where we were before any of
the accomplishments and good news. now, even with a big spike, biel might
be at .0015. but what could possibly occur that would cause such a rise?
kelly hands the company over to some great executive? never in a million years.
lionel messi or lebron james or tom brady start touting biel as why they have
such high-level longevity? inconceivable. i could go on forever about scenarios
that have no connection to reality, just as biel has no meaningful connection to the pain marketplace.
it's such a shame. the products so deserve widespread use. damn...
viking. whelans, what can you say? could kelly successfully manage a
lemonade stand in a busy spot? maybe. run a public company competently,
creatively, for the benefit of shareholders, while also taking her due? are you
kidding? i've no idea how much the whelans and friends pull in, selling shares
through proxies, using the company to cover expenses, and maybe even
taking a little out of the till, poor as sales are, but one thing is certain: bielievers
and longs, they're left twisting in the wind. for years. as ceo, kelly feels zero
responsibility to those who've entrusted her with their money. not even enough
to communicate in a professional, business way. on occasion! and why should
she? she does not have to, not in pinkie-land...you know what she's probably
really really good at? rationalizing. to herself, not to shareholders. i mean, why
bother? screw them; that is, screw us, that is, we're screwed...
whelans=same old, same old, at least if it's money we're talking about.
gailm etc. as much as i would love biel to do well. as much as people would
benefit from using their products. as much as biel deserves to do lights out.
for a long time now i cannot imagine a turnaround scenario. one that lifted
them out of the toilet bowl where they've been for the time it took my children
to go through school and establish independent lives as young adults. the way
biel is set up and managed, the fact that it is a public company owned and
operated as a family business, a family business that will never be open to
the kind of creative thinking that could conceivably improve its outlook, makes
its chances of success virtually zero. there are lots of easy to identify reasons
for this ongoing calamity if you're a shareholder, but why spell them out? nobody
is listening who might make a difference. it's a shame, the whole thing...
ssmmss. unfortunately justice isn't what prevails much of the time in this
world. human nature is such a complexly screwed up thing. some of the very
worst human beings have the power to murder all of us, or ruin hundreds of
years of advancement--and who cheers them on? other human beings. kelly
is a small tiny snake, neither creative nor good at business. quite smart, though
smart is a negative when used as so many use it. nothing to do with wisdom,
real intelligence, goodness, or virtue.
she actually resents and feels bitterness towards shareholders. imagines herself
and her family to be on the side of the angels while it owns and manages a
business that has mainly profited them, while hurting those who make biel
possible.
i don't think it'll go on much longer. she'll call it quits and feel 100% justified in
how she conducted herself...
no offense wen1405, but the question is silly. a con man conned us all, and
did so for years. he is so much worse than most of those in prison, and the
only consolation to those of us he robbed is to be wiser in the future. we all
wanted to believe so it was easy as pie to take advantage...
may we all see the signs much faster and more clearly, otherwise it's just
money lost to an amoral person...
steve43. i have long found your posts to be educated and intelligent and
suggesting the very kind of experience you've had. my only hesitation has
been wondering what keeps you interested in biel after such a long time has
passed and the evidence that andy, then kelly cannot and/or will not manage the
company in such a way as to substantially increase shareholder value is piled
high to the sky--by way of the toilet? i post because i like to post about a
handful of company's, two of which are managed brilliantly, three, including biel,
have a dumbfounding, almost humorous and highly ironic way of existing. they're
like a very smart troubled person who undermines themselves by consistently doing and not doing things that would improve their life. they know better but
knowing makes no difference. they can't change.
imklo. finally a true statement that tells pretty much the whole
story. which is that with biel, nothing moves the needle. there
is a greater likelihood of being struck by lightening twice or
winning powerball. use biel's terrific products and be grateful.
because hoping for anything else, it's ridiculous. imagine the
whelan's at easter dinner. somebody says,'shareholder value,' and
everybody laughs til it hurts...
steve. it's a family business masquerading as a public company
in order to monetarily benefit the family. so, what did you
expect? they would never let anyone from the outside manage the
company even if bill gates volunteered...
thank you mcmuggets. didn't realize it's only been rwo weeks,
wasn't aware of the interview.
impatient after long downward trend. my bad!
badali + all other cbdd investors. why do you think we haven't
heard anything from mr. gurney?
the obvious answer, we will whenever he has substantive news, is
not what i'm looking for.
would any of you be willing to email or text him about how he's
finding his new job? now that he's had a chance to dig into the
reality of cbdd, is his outlook about the future as positive as
when he first came aboard?
obviously he couldn't say much, yet how he answered could tell us
something. in my case it would make the difference between sitting
tight or acquiring more at such a depressed pps.
i could tell from marcel's communications that he wasn't up to
the job. mr. gurney has a track record that suggests he's a great
person to be leading cbdd. i'd so like to hear his voice, how
he phrased pretty much anything other than what he had for
dinner last night.
yes river. we really need a shareholder update from the new ceo.
no matter how hard he's working and how much there is to fix and
to do, an update to calm and let battered shareholders in on
the company's general situation should be something he attends to
soon. i believe he will because his record is that of a responsible, competent executive.
baha13. if there was even an inkling of good news, kelly would
at least tweet it. the stagnation is granite hard. for biel to
do anything would require serious creativity and a kind of
management biel has never had. tons of wonderful products fail
due to poor or less than inspired management. biel deserves to
succeed as much as any company. watching it stagnate over the many years, it's mostly just sad. it's almost worse now when you
consider all the positives and the favorable circumstances...oh
well, what the hell.
pinhigh and all bielievers. i've said how envious i am of your
belief that biel's pps will go up significantly. i have a very
different viewpoint about why it hasn't/doesn't, but so what?
there are precious few companies that come close to doing for me
what biel and its products have. what i am is grateful. and, like
i said, i wish biel would skyrocket, if only because that would
mean millions of people were benefitting. pain is so consuming
and pain relief is indescribably important.
i've tried to imagine scenarios that would substantially change biel's place in the market and correspondingly it's pps. seth
curry agrees to do advertisements for free. d. trump becomes
obsessed talking about how great it is. the u.s. military places
a standing order for millions of product. tom brady insists actipatch is key to his longevity. etc.
i myself am unable to come up with a plausible scenario. not with
how things are as i understand them.
but, i'm still envious of you all and still grateful to biel, the
company and its products!
call chas? you think chas would talk to anyone about ctdt? after
lying hundreds of times to god knows how many people about what
he was doing with the company? which was a combo of nothing and
sucking whatever he could off it. the only thing i'm glad i was
right about concerning him is that he didn't bother to even post
anywhere when he left all us longtime loyal investors with nothing.
worthless shares.
i had a high-powered corporate lawyer friend write three letters detailing chas' manipulations and general mo. one response inspired concrete hope that chas will have his regrets before the year is out. we'll see...
paul gurney is as close to the perfect choice to lead cbdd. with
him at the helm, right now the company is worth 10x + what it's trading at. give him a couple of years, cbdd will be trading at
unpredictable multiples. as a business person in this space, he is
everything marcel was not. that there is a board independent enough
to make this change, that alone speaks volumes.
i went from hopeless with marcel, to enthusiastically confident
with gurney. glta!