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This does not mean I'm an ATTBF apologist. They have screwed up a lot of things, including deliverables from the investor presentation they just put out a few months ago.
It's definitely a longer term hold than most were hoping for, including myself.
This is not true and as a long time poster you know this.
The one thing Mike did that was respectful is he only sold a fraction of his shares when it was in dollar land.
ATTBF was doomed by over aggressive promises and Tweets. Perhaps innocently they felt that by answering the first concerns from HC they were all set. In their defense, nobody knew how irrational the process would become, the crazy safe requirement change, etc.
I think you're wrong.
The Hemp water is going to marketed as protein water. If they 15-20 grams of protein they might be onto something (Muscle Milk, etc).
The only possible way we see $2.50+ is with a CSL license and successful application of the liposome delivery method from Empirical labs. Who knows if CSL is even a possibility anymore, it seems we're on the naughty list.
The investor presentation said "Finalize Acquisition 1" timeframe was T-plus one month. The presentation was from May. That was two months ago.
If / when we do go through with an AQ, it's going to mean serious dilution.
If I get mad, do I get my money back? That would be awesome
The hemp water was in a PR here:
http://www.abattis.com/s/news.asp?ReportID=712481
Maybe it's worth noting these funds are for the USA. Vergence is the US branch of Biocell, and it's Abattis International, the subsidiary of Abattis Corp. It's easier to sell things like hemp water in the US so maybe this means we're closer to revenue.
My wife buys a bunch of coconut water, and she has also purchased hemp seeds at times to mix into her smoothy. It's not that far fetched.
Private Placement PR
Vancouver, BC – July 23, 2015 - Abattis Bioceuticals Corp., through it’s wholly-owned subsidiaries Abattis Bioceuticals International Corp. and Vergence Visionary Bioceuticals Corp., (the "Company" or "Abattis") (OTCQX: ATTBF) (CSE: ATT), a botanical drug development company that develops and licenses natural health products, medicines, extractions and ingredients for the pharmaceutical, nutraceutical, bioceutical and cosmetic markets - some of which will contain cannabinoid compounds, would like to announce a private placement of up to $150,000.
Under the terms of the Private Placement, Abattis will issue up to 2,500,000 Units. Each Unit will consist of one Common Share at $0.05 per share, and one full Share Purchase Warrant. One Warrant will be exercisable into one Common Share at a price of $0.09 per Common Share. The expiry date for the exercise of the Warrants will be 24 months after the closing of this Unit Offering.
Proceeds of this offering will be used for the production and sale of hemp water, research and development, marketing, working capital, general corporate purposes.
The offering of the Units is expected to take place on or about July 30, 2015. Abattis will issue a further press release announcing when the closing has taken place. The Shares will be subject to a Canadian resale hold period expiring four months and one day from the closing.
The Board of Directors of Abattis wishes to acknowledge the support of investors who have shown confidence in the business plan that Abattis is executing in this exciting new sector of the economy and capital markets.
The action EOD was comical.
I've said previously I'm waiting for it to get under $0.04 but now I'm not so sure. Too much silence from management, unknown share structure, questionable artwork which they apparently don't even own...what a mess. This is one of those stocks you just put $1000 on and cross your fingers.
If you don't appreciate my comments, you can block me.
Cool, let me climb onto a rooftop so I can scream YEEHAW. I bet it's awesome.
I think he had good intentions but opened his mouth and got kicked out.
He predicted MMPR in June. Of 2014. That Tweet cost me five figures.
"The key players in Encryption Software Market includes Microsoft Corporation, Sophos Ltd, Check Point Software Technologies, Symantec, IBM, SAS Institute Inc, Intel Corporation (MCAFEE), EMC Corporation, and Winmagic Inc".
Most if not all are public.
They have claimed a lot of things.
Good luck, $0.04 is around the corner, unless you and your roomies buy 300 shares at $0.12 to give the false impression that WHAM is going places.
How can you update the board? Will you say "I just sent an email and I'm 99% sure it was not intercepted by a hacker"?
Or will you say "I sent an email and it was delivered in 8 minutes instead of 8 seconds"?
For the majority of the population, the technology simply does not provide much value. It certainly won't enhance user experience to the point of shouting YeeHaw from the rooftops.
BAHAHAHAH!
You Pee On US !
The article also says SUPPLY = DEMAND.
Trouble for all candidates, IMO.
Nice post champ
Painted red, I'll take that as a good sign.
Let's go boom here
Rain - legitimate question - why invest here?
Man, I bet this guy is rich. Or not.
Wow, what a great post, this was excellent foresight!
It's the Wham mafia, brother. There were 4-6 people posting 300+ times, ONLY on this board, and ONLY huge predictions, thanking each other, etc. As mentioned, I think they were all sitting together in the same dorm room.
I am no expert. Check my profile. I'm down a ton in my ticker. I said before, I paid my tuition there and learned not to touch this one, but I still follow.
I take no comfort in honest folks losing their hard earned cash.
Too late for that.
I don't think this is accurate. The export guru position doesn't seem to be Director / VP level spot that requires a PR.
Is this one of the causes of the huge swing today? Started out looking good then took a nose dive.
http://www.cbc.ca/m/news/canada/british-columbia/illegal-marijuana-dispensaries-not-a-priority-for-vancouver-police-chief-adam-palmer-1.3131817
Nice volume today. Hope somebody knows something.
Just a hunch but I believe he is dumping. I have no proof, however. No question, Mike's outrageous claims have cost me several thousand dollars.
The bid is sitting at $0.052, FWIW
Public will think it's overkill.
Those big players are going for mass market.
"Sometimes dreams take time to turn into reality"
"The key players in Encryption Software Market includes Microsoft Corporation, Sophos Ltd, Check Point Software Technologies, Symantec, IBM, SAS Institute Inc, Intel Corporation (MCAFEE), EMC Corporation, and Winmagic Inc".
Where is Wham?
I also liked the following paragraph, because at this point it seems clear to me the future of the company is going to depend upon Brazos and his network of health care professionals, distribution channels, etc. The ability to extract and infuse may lead to a profitable future....about a year from now.
"With the recent Smith Supreme Court of Canada decision permitting marijuana to be consumed in a format other than smoking, the consumables market could be ready to run. Many companies are looking to sell into this market as it develops."
Radio Silent since he was their IR person for a month or two
Vergence Visionary Bioceuticals:
"For legal reasons in Canada I needed to separate medical marihuana from nutraceuticals. So, I created Vergence for nutraceuticals and left marihuana in BioCell".
Sorry, no free publicity for you!
Love the bid-ask here!
$0.01 vs $199,999
Go LIQD
Ignore him, he's worse than the dog. He pushes his stock picking service. He's a broken record
Whoa. That was close! -72%? Nice one B Dog