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.
It's interesting to watch the creativity that comes from George's varied expertise. If he's able to execute on all of these things, we are in for the ride of a lifetime.
We gotta stay above this damn 50DMA.
TM is the voice of reason on this board. Long live the monkey.
Would love to see us break 10M revenues. Can't wait to see what that does for our TTM P/E.
Not MMJ. Commercial hemp products via farm management and CBD extract/synthesis using their science subsidiaries.
Nice price action today with the RSI sitting right in the middle.
Have you been able to find any stats on annual sales figures for CBD? I know that interest is growing, but I'm having trouble finding industry numbers. Would be very interesting to study!
Short track record and low revenue. I honestly believe it'll take a few more quarters of solid revenue and growth for anyone to realize what Stevia Corp. is all about.
Who the hell is going to manage all the farms for these university hemp research programs? If only there was an international farm management company to lend their expertise...
Road to $0.89.
Anything to curb this country's opiate use is worth investing in ... just from a health and humanitarian standpoint.
LOL
Historically, George has been fairly conservative with his PRs on the Stevia side of things, and has always confirmed PRs in financial statements. If he's conducting business the same way on the Hemp/CBD side of things, one must assume that he's already several steps ahead of the PR by the time it drops.
Nah, don't worry. When it moves it moves fast. Better to be in than out.
Can't wait to promote High CBD through Amazon Associates. Going to make BANK.
Double entendre, good product name.
I'd look to the S&P500 if you're wondering why people aren't buying small caps right now. We're all holding on to one of the more attractive small/micro caps but the S&P needs to gain some steam for people to want to risk it.
Great news today. Can't wait to see how it all plays out!
LOL you are a trip.
Welcome back!
We're all just hungry for news. Feed the chickens!!!!!
Have the weak hands been shaken off yet?
Indeed. You have every reason to be alarmed. It's not a matter of "if" the company offers these shares, but "when."
We could all sit here and argue our philosophical differences with this kind of financing and growth, but nothing will stop Stevia Corp. from diluting on a massive scale once the A/S has tripled. Diluting is what they've done for years and is what they will continue to do, there is no evidence to the contrary.
The company does have some impressive alleged operations, and all of us have the potential to profit greatly when news (and numbers) about these operations is released, but that profit comes at the risk of major dilution and loss.
It's helpful to know what game you're playing here.
You are confusing A/S and O/S. An A/S increase does not mean the shares will go onto the market. They have to do share offerings to convert A/S to O/S.
It just means there is a potential to increase O/S and dilute. Given the company's history, it's inevitable that they will dilute further, it's just a matter of when.
S&P500 looking weak.
If you say "fulfilling orders" it means you are shipping items.
The hemp harvest revenue has to be on the next (Q3) financial statement or we've all been duped.
Real Hemp LLC, Stevia Corp's wholly owned subsidiary, is confirming orders from US manufactures wanting to purchase hemp products and is preparing to fulfill these orders when the current hemp crop is harvested beginning in October 2014.
(Source: http://finance.yahoo.com/news/stevia-corp-prepares-fall-hemp-131626567.html)
250M to 750M is a big restructure, I don't care how delusional you are or how much insider information you have. Given the company's history in regards to share price and share offerings, I don't see how anyone could support it.
All of our shares combined still couldn't generate enough votes to stop this restructure, so what is a long to do?
Just giving you a hard time, dude. This forum wouldn't be the same without you.
GFYS, Minster. I hope you come to the STEVpack Vegas trip so you can receive your well-deserved swirly.
Sure, I'll write George this week and share what I know -- perhaps my expertise will help. I'll also stop ranting about this poor girl on the forum. I was just trying to prove a point.
If Stevia Corp. wants to step up and be a big time company, as they are proposing, then it's time to step up and hire big time help. It's also time to be scrutinized under a microscope, as is the life of a public company. Part of that scrutiny means considering whether or not a dormant PR approach has actually caused harm to the company. The truth is it has caused great harm. I don't think anyone could argue that staying out of the media, letting the share price continuously fall, and yet doing continuous dilutive share offerings for financing has been a good approach. The company would be sitting on a far greater reserve of authorized shares if they put some effort towards publicity. Price per share would go up, and less shares would have to be offered for the exact same amount of financing.
Now shareholders are being asked to give 500M (!!!) more shares to a management team that got raw deals on the 250M shares they've already burned through. Maybe there is an acquisition coming, you seem to have your finger on the pulse, but if the share price were higher would they need 500M shares to acquire this company?
The problem is, I'm just a small shareholder, and even if the entire "STEVpack" voted no, we still couldn't prevent the share increase from happening. We all have to live with what's happened and what's about to happen. The way management has treated shares of its company is irresponsible, and the way they've treated shareholders is disrespectful. Hopefully that will change.
As I said, I'll write George this week (a little less harshly than I write to you lovable schmucks). I'm sure he'll appreciate any thoughtful, expert advice he's given. I don't have time to step away from my career and help direct the company's PR machine, but I can definitely point King George in the right direction.
Panzer, empires aren't built by a bunch of small time rubes. We have a 22-year-old child who used to tweet for the local carwash running PR for "one of the biggest hemp and stevia companies..." ???
Bullshit. Find an ACTUAL public relations manager. Jessica can take their coffee order.
JESSICA SCOTT BIO:
"Jessica combines her talent for communication and dissemination of ideas with her dedication to educating the world about nutrition and healthy living and implements these ideals in her personal and professional world. As owner of Scott Communications LLC, Jessica proudly serves #TeamReal to spread the word about the incredible hemp plant which provides so many benefits to people and the earth. Jessica will leverage her experience working with clients such as Sky blue Window, Daubenspeck Nature Park, Gowelv Records, Owensboro Crossfit, Hands of Joule and Stevia Corp." (Source: http://www.realhemp.com/teamreal/staff/jessica-scott/)
I call bullshit. In six+ months exactly none of the representatives for RealHemp have been on television, talking about their company OR serving as experts in larger stories about the industry. Scott obviously has no connections, and a "Public Relations Manager" without connections in television/print is not a public relations manager. If she's the one sending out a tweet or two each day, she needs to be fired and RealHemp needs to hire a virtual assistant (whom they can pay less than minimum wage) to put out these same half-assed tweets. They can use the remainder of Scott's salary to hire a freelance publicist with actual connections, who can do the actual job they are getting paid for.
This is a public company, and public companies need to be exposed in the media AT ALL TIMES. I have been working in media, with celebrities and brands, for the last 10 years and can tell you, with absolute certainty, that to be in the public eye, you need constant exposure. Not a one time interview, not a handful of blog posts, you need to be on television and in print monthly, if not weekly, for any and every reason under the sun. This is not a private company, management has a responsibility to the company and to shareholders to run their public company like a public company.
Exposure generates demand for shares, which increases price, which reduces the number of shares the company has to give out to generate the same amount of capital. 10M shares for $1M in financing could becoming 1M shares for $1M financing, and they could dilute 9 more times if they wanted.
Operations are incredibly important, and I don't doubt the management is working hard on operations, but exposure is just as important. If you expect shareholders to approve a tripling of authorized shares, you need to do the extent of the job you signed up for, which means getting exposure for your public company.
No shit. This is a PUBLIC company. We have an investor relations AND a public relations person, and no communication. Is management afraid of the media because they're running a fake operation or do they just not fully grasp the responsibility of running a public company? Get constant exposure, be in the public, or save some money and fire the people who are supposed to be putting you there.
Better yet, have Jessica Scott, the individual in charge of "RealHemp Public Relations" get the companies some exposure. If she doesn't have the connections, replace her with someone who does. No reason to pay a PR person who can't do the job.
If Stevia Corp. is building the empire some posters on this board are alluding to, they need to hire a big time publicist this year and position a representative from Stevia Corp. AND a representative from RealHemp as experts in the media. Constant media appearances, giving expert soundbites on stevia, aquaculture, hemp, and CBDs.
Put on your big boy pants if you want to run a big boy company. No more screwing around hinting at operations, building websites, and trying to educate the public in PRs. Line up the television, newspaper, magazine and blog appearances and start treating STEV like a public company.
Adding 500 million to the authorized shares is not dilutive. When they start converting authorized to outstanding shares, it becomes dilutive. In that sense, adding 500 million shares protects the company from takeovers, but opens the door to the kind of dilution that could permanently destroy the price per share, if management were tempted to offer it.
Indeed. Hope that's what we're dealing with here. Time will tell.
Calling all DD researchers:
According to our notice of shareholder meeting, "all officers and directors as a group" currently own 27.87%:
George Blankenbaker 52,244,682 (3) 26.35%
President, Secretary, Treasurer,
and Director
Thomas Ong 5,000,000 (4) 2.52%
Director
Jerry Smartt 1,500,000 0.76%
Director
---------- -----
All Officers and Directors
as a Group 55,244,982 27.87%
---
POTENTIAL ANTI-TAKEOVER ASPECTS AND POSSIBLE DISADVANTAGES OF STOCKHOLDER APPROVAL OF THE INCREASE
"The increase in the authorized number of shares of common stock could have possible anti-takeover effects. These authorized but unissued shares could (within the limits imposed by applicable law) be issued in one or more transactions that could make a change of control of the Company more difficult, and therefore more unlikely. The additional authorized shares could be used to discourage persons from attempting to gain control of the Company by diluting the voting power of shares then outstanding or increasing the voting power of persons that would support the Board of Directors in a potential takeover situation, including by preventing or delaying a proposed business combination that is opposed by the Board of Directors although perceived to be desirable by some stockholders. The Board of Directors does not have any current knowledge of any effort by any third party to accumulate our securities or obtain control of the Company by means of a merger, tender offer, solicitation in opposition to management or otherwise.
While the Amendment may have anti-takeover ramifications, our Board of Directors believes that the financial flexibility offered by the Amendment outweighs any disadvantages. To the extent that the Amendment may have anti-takeover effects, the Amendment may encourage persons seeking to acquire our Company to negotiate directly with the Board of Directors enabling the Board of Directors to consider the proposed transaction in a manner that best serves the stockholders' interests.
Other than as described above, there are currently no plans, arrangements, commitments or understandings for the issuance of additional shares of common stock."
---
In what scenario would an A/S increase from 250M to 750M protect Stevia Corp. from a takeover? We should discuss.