Surprised it has taken so long to hit .0001, with the convertible debt, no money, no filings and such it should have been zero bid long ago. I would not be surprised if gamblers hold the bid up for a while, always some willing to go for maybe big gains but probably 100% loss.

There are companies that are reporting (have stock registered with the SEC) and companies that do not. If you do not then you never have to file a thing. If you are reporting you are required to file always or deregister (file a form 15) If the company wanted to deregister then they would have to catch up on all their filings and file a form 15. As well to deregister you have to have less than XXX (can't remember offhand) shareholders and have a market cap under xxx. Once in a while the SEC will go through and suspend reporting issuers who are not filing anymore. Not sure how active they have been lately as I have not kept up on it.

the only reason we need to see the 2016 filing because seeing the financials is pointless,at this juncture.there are no surprises

When a company with registered stock stops filing they are contravening securities regulations. All it takes is the SEC going to a tribunal and POOF, suspended and down to the greys. Outside that it is pretty much the worst thing a company can do, it tells you plainly that they are toast.

Pretty sure they can still dump without the filing, they just have to wait for 12 months instead of 6. So hell or high water it will happen, just a matter of time.

Not likely by the company's position. Only the people in charge know though. If I were to bet it would be no with a high amount.

Well they managed to put out an incredibly lengthy and abstruse 8K the other day. Does that mean they might put out the 10Q due ~6 months ago and 10K that is due in a few days? Will they go for a round year of no financials or just never file again?

Sounds more like doing a "criminal vinny" than a "powermove"

That is true but it needs to be a contraction not possessive.

You're a biscuit or you are a sandwich.

Your dog has fleas.

Imagine what would happen if the company bought a powerball ticket and won? The chances of that happening far outstrip the chances of a shutdown company with multi year broken machines finding a sucker. In what 7 years now they have been unable to sell one? LOL

A few hundred dollars! OMG they are making a fortune! Too bad you lose everything ROFLMAO!

That difference was 1 month, they give out numbers every two weeks. the number in between was ~230 000. You do realize that 1.7million is a few hundred dollars. People spend more on a good dinner w/drinks.

No, actually it went down from ~60$ in short interest to ~18$. http://otce.finra.org/ESI Likely just a mistake someone made, shares sold before delivery that never made it, bookkeeping error or maybe a whole bunch of other minor things. The idea that 60$-->18$ in shorts is something important is rather laughable, I guess unless you are homeless and destitute.

They could not even manage to produce a single ounce of product last year when they had decent sums of money. Yet they are going to this year while dead broke with a fully diluted share count around 100 billion. ROFLAMO!

A reverse split and issuance of more shares is the only way this company will get a penny outside of selling off their only asset of any sort of value that remains.

clones, hidden in the green houses, aren't "tens of thousands of dollars",if that were the case,they wouldn't have been able to grow the clones last season that they were forced to destroy.

The plants they had growing were not their plants, that is why they had to be destroyed, geeeeez.
Pueblo Colorado is pretty damn cold, they don't have clones hidden in green houses, why would you just make up such complete nonsense? They have to buy very expensive seed or buy even more expensive seedlings. I takes about 5 min of research to find the pricing of high CBD, low THC seed and it is VERY high as it is very specialized.
Then they have to hire people to maintain them, maintain the buildings, pay massive electricity bills if they want stuff growing while it is still cold, pay for security and on and on......

who's to say that their not farming now?

Well considering they don't have a couple thousand dollars to file the last 10Q they sure as hell don't have the many tens of thousands of dollars needed just to start. You know, logic and stuff.....

Notis would never sell the farm? It's payed [sic] off and they're renting parts of it already.

You really should read the filings, even if the newest dates from 9 month ago.

It's making money right now.

What are they farming, snow or rocks?

Next we find out the company has given away its last and only asset because it defaulted. Don't worry though the money was used to line the pockets of management instead of keep the company afloat.

Nothing like violating some SEC regulations while being enjoined from violating other ones.

Guess what happens when you have a stock with a double digit spread that is painted up at the end of day? A rising A/D line! One could make that line rise for a few hundred dollars if one wanted and true believers have a vested interest in doing such a thing.
Anyone who understands how that indicator is derived would know it is 100% useless in this situation.

Maybe, just maybe "suspended operations" from Dick Hed is code words for "we just sold 42 processors" Totally plausible as I was told it by a CE and was confirmed by a MLA that had been verified by URS!

I guess he did take 5 minutes out of the day working his real job to write it.

You can buy feminized seeds. What they need is super specialized as the THC levels need to below what the DEA prescribes AFAIK. I believe that many crops have had to be destroyed because they did not buy seed that produces high CBD but under .3% THC(going from memory) That is why I quoted such a crazy price (25G/lb). That is what I found while doing a touch of research anyways.

They will be required to buy seed which appears to costs around 25 thousand dollars a pound to plant this year. Yet they cannot even afford to put out an 8K as required by SEC regulations. How does that work?

They have no past clones. If you knew anything about the company you would know their first attempt resulted in being sued and the seedlings destroyed as per judges order. You see this is company is fraudulent from day one.

Where is the 8K from the company about the SEC action?

I wouldn't buy such crappola.

But I hear the CEO has an awesome resume! How could that not change everything? LOL

Can't be more than a few weeks till planting. So where are they going to get the 10s of thousands of dollars needed for seed or the even higher amount needed for seedlings?

That is why they didn't get halted.

Stocks like this never get halted. They get suspended and being that there has not been an SEC filing in many months the SEC could move tomorrow to have the stock suspended for not filing.

The entire business model has changed from Mdbx along with a CEO that must care. Why does Goh care? His resume!!

He cares so much you don't even have any information about the company in the last 9 MONTHS. Yes there is no financial information for the last 9 MONTHS.

I would have expected any different. He will never take responsibility for anything as is. He will be a career criminal till he fixes his narcissim and sociopath problem. It sure would be nice to see another bankruptcy filing from him due to this.

Will we get an 8K of nonsense and lies or just silence?

If you actually read anything about it you would know that the company is named as a defendant. Changing management does not wipe away fraud.

Being delinquent in SEC filings itself puts the company in a bad position. The SEC could right now move to have the company's registration revoked which would mean a drop to the grey sheets. Sadly it is not likely to happen anytime soon though.

Total and complete bullshit. That 7 million dollars was due to derivative accounting so was imaginary. Try actually reading the filings.

Now that all that is done they can get down to the important business of more scamming!

Did you miss the part where the CEO has suspended operations?

I think you should read the filings. The fully diluted share count is in the 10s if not hundreds of BILLIONS The company is broke and will need more cash VERY SOON.

You do realize this stock has nothing to do with pot don't you? In theory they are going to produce CBD oil. That is if they can raise the money to finance it, which is looking less and less the case every day as they will have to plant soon.

How do you know all that?

He actually has read the filings.

what's up with ARCA parking themselves @ the ask all day!!?? I don't know that I've seen that before.

Well you see, when someone has shares to sell they place an order and if it is large enough it will be displayed on level 2.