making money, hopefully.
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We need a day like this:
IGCC
Last Price Today’s Change Bid x Size Ask x Size Day’s Range Volume
$2.02 +1.64 (+431.58%)
Decent volume!
I'm assuming it is the name of the distribution arm of GHC Ventures LLC, a la LVVV. it just seems funny that High Hampton's equivalent is Bravo Distro-touche!
JD thanks man-GHC Distro? Bravo Distro? it's getting interesting........we suspected Bill was playing possum. We both know he is not the type to sit around, thought the bureaucratic delays make it seem that way.
Will add at these levels, along with HH.
I would say that most of the time delays in filing are due to financials. They are the major basis for up-listing. While it can be anything, the financials are the most complex and therefore are the most vulnerable to scrutiny.
I kind of like her like that............
OTC is regulated by FINRA, not SEC.
What bothers me is that the company profile on eTrade (and others) still has the energy chew information-not 1 mention of anything cannabis-related. Since this information is both relevant and pertinent to investors, I imagine that it can be changed, and is in my mind misleading. Imagine being a new investor and you see nothing related to cannabis on the company profile-hmmmmmmmmmmmmm. This could be achieved during the up-list.
Also, is there any branding that is going on to reflect LVVV's entry/position as a clone provider, or extracts manufacturer/distributor? I would like to see a relevant name that can be used going forward with branding/co-branding.
Some existing cloners:
Natural MedCo
Dark Heart Nursery
Queen City Cannabis Clones
Burning Bush Nurseries
Clone Connect https://cloneconnect.org/become-a-grower/
Clonify
GG Strains
Mr. Clone
SoCalCloneHouse
And...........Livewire Ergogenics????? We can do better
While I know that Bill is overwhelmed with the legal hurdles, in one day I could have clones on several exchanges, have a relevant name and have some PR's that would move this to dime-land.
You can't be a deer in the headlights-one must make critical and mammoth strides forward in the interim to getting these permits/licenses/up-lists.
I'm not one to tell some how to run their business-but much of this is business 101, and a competent team could take this thing to the heavens.
Frustrating to say the least.
JD!! It can be, as you said, a myriad of things. At least it isn't a denial! They got ya by the short ones just like the city/county permits. Bill may be focusing his attention on this, and that is why the news is slim to none. They can flag any line item and throw it back at you, and then re-submission puts you in yet another queue to have the corrected item(s) reviewed.
This may help:
OTC Markets Group Review of Application
Upon receipt of the OTCQB Application Materials and required disclosures, OTC Markets Group
may:
1) Require the Company to confirm, clarify or modify any information contained in the OTCQB
Application Materials;
2) Require the Company to provide a further undertaking, including the submission of a
Personal Information Form for any executive officer, director, or beneficial owner of 5% or
more of a class of the Company’s securities, or fulfill a further condition, prior to admission;
3) Delay admission pending the completion of further due diligence;
4) Request additional verifications from a third party as applicable; or
5) Refuse the application if it determines, in its sole and absolute discretion, that the admission
of the Company’s securities for trading on OTCQB would be likely to impair the reputation or
integrity of OTC Markets Group or be detrimental to the interests of investors.
OTC Markets Group shall notify the Company if its application for OTCQB is approved. If
approved, once OTC Markets Group confirms receipt of the Company’s initial Annual Fee, OTC
Markets Group shall:
OTC Markets Group Inc.
OTCQB Standards (v 3.1 January 1, 2019) Page 6 of 16
1) Designate the Company’s securities as OTCQB traded securities on OTC Markets Group’s
websites, market data products, and broker-dealer platforms;
2) Permit the Company to identify itself as an OTCQB Company on its websites and investor
relations materials, including news releases; and
3) Entitle Level 2 Quote Display service for the Company’s securities on OTC Markets Group’s
websites and the Company’s corporate websites
I feel like a teenager again :)
The silence is deafening.
We're 18% below the 50mda and the MACD looks to cross down, which is not good. Barring news, this chart is not my favorite right now. I see support at .012
So was it overbought then, or is it oversold now? lol
Pure-there has never been a more untrue statement than, "You never lose until you sell." A balance sheet is a live instrument. Now, a loss may be unrealized tax-wise, but it is a loss in net-worth whether you have sold the security or are simply holding it at a loss.
Aside from that, the news has been meager at best. I looked at $MCOA and they in fact released a lot of news after their up-listing application, but before it's issuance, so being mute into the up-list is apparently not a fast rule, but perhaps a guideline.
You'd think that LVVV could announce a deal with High Hampton for the Cudahy, CA 420 Property grows, or how about the CoachellaGro operation by Hign Hampton in Coachella? Why so secret about the clones being sold?
I am scratching my head. There is nothing illegal about being transparent so long as you are accurate and forthcoming with news. Is the BCC license hanging on the wall instead of a Farrah Fawcett poster circa 1980? These licenses cost a lot of dough, so surely we were prepared to hit the ground running when they were issued, right?
SB-930:
This bill would create the Cannabis Limited Charter Banking and Credit Union Law, to be administered by the Commissioner of Business Oversight and the Department of Business Oversight. The bill would create the Cannabis Limited Charter Bank and Credit Union Advisory Board and specify its composition, to include the Treasurer, the Controller, and the Chief of the Bureau of Cannabis Control, and commit to it the general responsibility for ensuring that this law functions in a safe and efficient way. The bill would prescribe the powers and duties of the board, including reviewing department enforcement reports, holding meetings that would be open to public comment, and issuing its own recommendations, which would be submitted to the Legislature and the Governor. The board would also be required to provide guidance on specified investment activities.
Today's word of the day: INANE
The American people have been sold the Big Pharma cure for everything-got a problem? Take a pill. Not to say that some drugs are not miracles for disease treatment, but pain/anxiety-what are the annual revenues from iBuprofen and Xanax/valium?? All treatable w/CBD and common sense. Big Pharma has deep pockets and gov't sweethearts-they won't go quietly.
Maybe he was referring to the slobs over at PNTV
Must be Snapperhead..........
bmel things could go crazy. The combination of the up-list along with any previously withheld revenue/contract/licensing PR's would create a virtual buying frenzy. It may be one for the record books, and I'm staking my reputation on this prediction.
Well-said.
The average Joe doesn't realize that news is being withheld prior to up-list.
Relationships are, too. In SLO for example, if the people at the county like you, they are less likely to disrespect their relationship with you by placing too much competition in your lap. In fact, maybe they do the opposite. This has been going on since the beginning of time. It can work in reverse, too :)
A quiet period extends from the time a company files a registration statement with the SEC until SEC staff declare the registration statement "effective." During that period, the federal securities laws limit what information a company and related parties can release to the public.
https://www.sec.gov/fast-answers/answersquiethtm.html
Oklahoma Land Race? Spoils go to the fast and fleet.............
Doc I think that whatever Bill does or doesn't tweet, eventually the quarterly reports will do the talking. They are the ultimate PR.
Thank, Doc-and the weekly doesn't look bad at all to me. Looks ripe for a violent MACD crossover. 0.0019 200-day support, which could be a good double-down point if it happens. RSI could get a bit weaker before spike. Decline from 8 cents has been orderly and average volume with no indications of dilution.
Think of preferred shares as a first mortgage. The bank gets paid back first before a second mortgage issuer in the case of a default. Preferred share holders have a higher claim for assets and earnings than common holders.
JD the "less-than-5%" seemed to be the goal of both parties-perhaps for reporting reasons. I recall that under 5% avoids being listed on some documents L)
Good news is that whether a payment or relief of company debt-it all hits the same column on the balance sheet. Positive to the asset column.
The pic said that those were most of them. And yes, price is up today on liquidity my man!
There is a thin line between creating dilution, and taking the necessary steps to insure the survival of your company. I am going to trust that Bill is VERY averse to making any financial deals that are not win-win. Dilution is a "you win, we ultimately lose" situation.
You have to survive, but eventually have to thrive. If you step back for a sec, we really did accomplish a lot last year, and this one so far as well. I spoke to a top exec at Grupo Flor yesterday and he emphasized the value of HAVING LICENSES, as these have now become a commodity in themselves given the red tape required to get them. While he had a mixed feeling on clone businesses, my take-away was that their firm wants the collaborative aspect of partnerships with distributors and dispensary licensees, and cultivation aimed at more generic "sativa or indica" strains for mass-appeal.
A key point he mentioned is that branding and white-label co-partnering will be huge. Now, one possible negative to the current clone operators is that the extract and concentrate makers are kind of "blind" about strain. Yes, good bud makes good oil, but these products are marketed as "sativa", "indica", or "sativa/indica". Marketing will be required to transcend this vanilla approach to the end-users. Of course, the market for flower aficionados will always be huge, and is growing quickly, so one just has to be aware of the dichotomy.
We all know that there are big cloning ops:
http://kingklonebrand.com/
https://darkheartnursery.com/
https://www.instagram.com/radioridgenursery/?hl=en
https://purplecitygenetics.com/purple-city-genetics
Even found a company that will list and sell your clones:
https://budee.org/ (they sell Purple City's clones-$18!!)
How about our website looking like this??
This is the cat I spoke to at Group Flor-Salinas, CA
Busy day today-GLTA.
No, I don't want to be a teen again.
BTW $POTN up on heavy volume
Doc the tweets are nice for those close to LVVV, but the wider investing populous is unaware of them. Problem is, even the formal PR's have had no positive effect. The revenues will/are coming, but IMHO a anonymous tweet about the clone quality was a bit off to me for some reason. I know that Bill is treading lightly in lieu of the up-listing, but customer testimonials are a valid and greatly important part of any brand.
Why not structure the tweet to list the customer, and info about the relationship? I know that a lot of kinks are being worked out, but whereas the last two years has been a vying for position within the speculative investor community, the next wave up, and major cull in this sector, will be the money makers-those companies that have niche, execution, and the financial wherewithal to fund that execution.
We are a little behind High Hampton, but I think we will catch up, for sure. HH has doubled in the last month or so. Latham knows what he is doing and is a superb CEO. We need contracts and the dissemination of said contracts. I know this is going to bust-loose all hell-crazy at some point, so understand that my criticism is constructive.
LVVV is #4 on my list of over 200 companies since 2/17, and Bill is to thank for that. We need to trust that he and his mega-talented team will bring this pony home.
Yes Thumpa-all of these start-up cannabis companies are int he same boat-the investing public wants progress, and we are getting there. I think the downside of LVVV is fairly minimal right now, and the upside is unlimited.
We have a new sector where much is in unchartered waters, but there are $billions of dollars up for grabs and there is no greater opportunity in the market right now. The perfect storm is brewing for LVVV and perhaps 2 dozen other companies. It's going to come down to planning, execution and funding.