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Would like to see .175 hold today, purely technical view.
Either way, won't be selling.
For any buyers, I suggest a combination of bidding and slapping throughout the day, but holding some back for the final 5 - 10 minutes if needed.
Go AMFE
Rec
Earnings coming via press release, no earnings call this time due to T pending acquisition.
Regardless of earnings, doubt there will be much movement tied into earnings, as the acquisition has already been approved by TWX shareholders for a specified amount. If anything, the share price will edge closer and closer to the $107.50 range leading up to the date of the closed acquisition.
Go TWX
Rec
When Jeffrey Bewkes became chairmen and CEO of Time Warner, it was speculated that he was "grooming" the company to be an acquisition target.
Sure enough, Fox made a hostile bid for Time Warner a few years ago for around $90/share. A nice premium at the time...but Bewkes refused.
Been following closely ever since and it was only a matter of time before another suitor came in.
Enter AT&T. It's a perfect fit. A huge subscriber base. Telecommunications, a way to deliver content (DIRECTV), and ownership of content (TWX, soon to be part of T?).
I've been following this deal very closely, because there's a fair amount of financial gain in it for me, one way or the other.
Go T and TWX
Rec
Ar3ohdee, my thoughts on your concerns in red:
"So, WHY the dilution if the Big Bank would invest AND/OR there is cash on hand (I know it isn't necessarily a bad thing)?"
The big bank is likely a very recent event.
Dilution is a word many investors perceive as being a negative. But upon examining how and why this "dilution" took place with respect to AMFE, it can ease ones mind from the perceived negativity of this dilution.
Shares were issued AT market value in exchange for a cash infusion. This was done at .09, and during a time when the company may not have been as liquid as current financials suggest, because at the time a lot of cash outflow was taking place for gaming inventory, construction and planning costs for Snakes #3, paid training of future employees of Snakes #3, sales support for the sales team promoting Gro3 division, and likely many other impactful activities.
The dilution was actually a private placement investment from 2 individuals, again AT market price when AMFE was trading at .09. It was a smart move to have that influx of cash in a non toxic transaction, from actual investors in the company.
Lastly, it's not as if money from this share issuance went to line the pockets of insiders. AMFE put that money to work to grow the company. The best way to use shareholder money!
Why the talk of a Buyback/Share Reduction/Outstanding Reduction...If there is the dilution?
It's been speculated that the share reduction will actually be Ben's (founder of Snakes and Lattes) shares, retired and converted to preferred shares.
A buyback could very well happen at some point down the road. Your thinking has logical reason for concern. It's kind of contradictory to issue shares while simultaneously touting a buyback and share reduction. Refer back to the positive reason for the "dilution", and consider the fact that many CEO's at all size and levels of companies need to have a bit of promotional acumen, or "pumping" abilities. But just because a CEO or insider hints or suggests a future event in a perceived "pumping" way, does not make a company like AMFE a scam. Every CEO talks a big game about their company.
What is the time frame to retire shares (ref to the 20 million to be retired)?
I don't have the answer to this. Nor should anyone else except Roger. Roger has proved his trustworthiness time and again based on stated objectives and verified follow up. So personally, I have no reason to doubt those 20M shares will be retired. It's not a question of if, but when.
Why the talk of the NASDAQ before reaching even the QB?
A smart CEO always has a long term plan and goals in mind. This combined with having that promotional acumen I just spoke of, Roger is just doing his best to keep investors engaged, excited, and invested for the long haul. It's not exactly the first time we've heard talk of NASDAQ... A lot of posters here have chimed in with long term outlooks of AMFE trading and having the blueprint of a large cap stock, thus eventually trading on the NASDAQ exchange. It may be a bit far off to mention, but so too were the price levels we're currently trading at not too long ago...
These are just my thoughts and hopefully they put your mind a bit more at ease for now.
Go AMFE
Rec
Thank you Goodbuddy!
It's not about having ba**s, it's about having the ability to verify and recognize when a company has investment grade quality.
I didn't invest all at once, I scaled in as many investors do on further validation and confirmation.
This is exactly what most here are doing. Continually scaling in. Smart!
Congrats to you as well. You've been a great supporter of AMFE since the "earlier" days.
One could argue successfully that we're still in the early days, at least those who have vision and patience.
I'll say this again, I believe there will be massive STARTER positions at .25 and above.
Be well my "Goodbuddy" and go AMFE!
Rec
Having that update by Sunday, would allow Roger and Ben to openly discuss said content during their guest appearance on KSCO's My Two Cents broadcast.
Wouldn't mind that.
Updates from the Snakes and Lattes division could be any number of announcements having to do with a new line of revenue from PO's, exclusive distribution rights from a certain gaming title, a Nintendo joint PR, etc.
Always something exciting here with AMFE!
Go AMFE
Rec
Honestly, I'm not concerned one way or the other. I'm long T and TWX.
T offers a great dividend every quarter so I just sit on a position and collect.
Long term I love T, especially if the TWX acquisition goes through.
Based on terms of the TWX acquisition if it goes through, TWX shareholders will receive $107.50 per share which breaks down 50/50 cash and stock. $53.75 in cash, $53.75 in stock.
The stock portion of the deal is subject to a collar (controlling the price range).
If T's average price at closing of deal is below $37.411, TWX shareholders receive 1.437 shares of T for every TWX share they owned.
If T's average price at closing of deal is above $41.349, TWX shareholders receive 1.3 shares of T for every TWX share they owned.
Basically, it would be beneficial for TWX shareholders if T's price goes above $41.349, because if the transaction goes through, TWX shareholders will benefit from the higher price of T, as their average would be below.
Hope this makes some sense.
Go T and TWX
Rec
It's an options trade. The option expires Friday at market close.
Calls are for those who believe the stock price will go up.
Puts are for those who believe the stock price will go down.
Anything above $39 at the time of the expiration of the option is technically "in the money". But depending on how much of a premium one paid for the option, that's what determines the amount of money an options trader makes or loses.
This should answer your question :)
Go T / TWX
Rec
Your question implies the desire to trade.
With the exception of 3-4 days (including yesterday) over the last 8 months, there haven't been large "swings" intraday with very many opportunities to swing trade, or day trade, without getting "left behind".
Most days that had bullish long candles were slow and steady move ups throughout the day and a swing or day trader wouldn't have had much luck trading the action.
So my two cents worth when it comes to AMFE, is to just sit tight and hold. You've been a part of AMFE for as far back as I have, and maybe more. If you held this entire time, you're account has definitely appreciated in value.
If you've been trading it, and have been more profitable than you would have, if you just held, then you have some above average trading skills.
What I love about AMFE is that it is not a time intensive stock. Meaning, I don't need to watch it every day. That's what an investment is...
If you want stocks to trade, then you need to scan for momentum stocks that have much more dramatic short term rise and falls, as in intraday/daily. AMFE is not one of those.
Also, in order to successfully swing/day trade, you need to have the time and focus to watch very closely every second you're holding a position. This means, you shouldn't be day trading unless it's your actual career.
I'm no genius, but I'm no dummy either and I've day traded stocks and options. It's NOT easy! The shortest I've held a stock is less than 30 seconds, lol. Biggest company in the world, took a $280K share position and flipped out on a several penny move.
AMFE has become investment grade for me, not a trade.
Good luck, just be careful and be smart!
Go AMFE
Rec
MJTK: today's RW form filing is to cancel the previously filed S1 from June 28, 2017.
The June 28, 2017 S1 filing was to register Kodiaks shares with the SEC so they could be sold into the market.
In the RW form filing today, it said that the previous registrant (Kodiak) hadn't sold any shares due to the fact that the Registration Statement had not been declared effective as of August 1, 2017.
So basically, Kodiak wanted to sell their shares, had to file with the SEC in order to do so, and then Patrick Burke blocked the filing to keep Kodiak from selling their shares to protect the investors. I guess MJTK is enforcing Kodiak to hold their 120M+ shares through the restricted time period originally agreed upon.
The only question I have after seeing this, if not Kodiak, who?
MJTK?
Rec
MJTK: today's RW form filing is to cancel the previously filed S1 from June 28, 2017.
The June 28, 2017 S1 filing was to register Kodiaks shares with the SEC so they could be sold into the market.
In the RW form filing today, it said that the previous registrant (Kodiak) hadn't sold any shares due to the fact that the Registration Statement had not been declared effective as of August 1, 2017.
So basically, Kodiak wanted to sell their shares, had to file with the SEC in order to do so, and then Patrick Burke blocked the filing to keep Kodiak from selling their shares to protect the investors. I guess MJTK is enforcing Kodiak to hold their 120M+ shares through the restricted time period originally agreed upon.
The only question I have after seeing this, if not Kodiak, who?
MJTK?
Rec
With yesterday's .05+ opening gap, and short sellers furiously jumping on the opportunity, ASCM should have made up losses from previous short positions and be on their way sooner than later.
AMFE and its shareholders has proven time and again their resilience! This time shouldn't be any different.
Go AMFE
Rec
AMFE dividends: Roger and Ben on air this Sunday will be great to listen in!
I doubt Roger can speak publicly about any details regarding the spinoff of Interloc-Kings and how the dividends will be distributed.
However, that doesn't mean the question shouldn't be asked, as it shows the strong interest from the investment community.
A publicly traded company always values and listens to its shareholders. So let Roger know that the dividend is something that many shareholders are interested in learning more details.
Thanks, and glad to have you back on air!
Go AMFE
Rec
Franchising great! My vision of AMFE franchising:
I love that Roger is talking about franchising Snakes and Lattes in 2018.
If Snakes and Lattes becomes a franchise model, it will likely be the responsibility of the individual franchise owners to put their own money up and not only pay AMFE a franchise fee, but possibly share a percentage of their profits with AMFE based on the franchise agreement.
The beauty of franchising, is you have individuals risking their money to build the company brand they're buying into.
The Snakes and Lattes brand grows, but with minimal risk and dollar investment from the company.
I'll look forward to hearing how Ben and Roger envision the Snakes and Lattes franchise model.
Go AMFE
Rec
"I dip buy stocks like these every single week"
Well that's the thing...AMFE isn't like all the other stocks.
You mentioned in another post that it's not about due diligence, at least for you. So that leaves what? Technical analysis? If so, pull up the chart and you'll see dips are rare and during the 8 month uptrend, it's traded in a tight channel all the way up with very little volatility.
"I'm a day trader"
A day trader needs intraday volatility to swing back and forth. I don't see the intraday volatility that would attract a day trader here. Again, pull up the chart. The daily, trades in a tight channel.
Pattern day traders have 4 times buying power, but that's for blue chips. AMFE isn't a blue chip, yet...
You'd be better off taking your 4 times buying power and swing trading blue chips for dime and quarter moves vs. a penny move in AMFE with only 1 times your settled cash on hand.
"This pattern is no different from the rest."
I beg to differ. I haven't seen a pattern that mirrors what AMFE has done in the last 8 months. Please private message me with examples. I'd love to find others with AMFE's pattern and make investments there as well!
Perhaps one day, AMFE will be a blue chip stock and you'll be able to capture those dime / quarter swings on 4 times your buying power. But for now, this isn't a stock to day trade.
AMFE is proving day in, day out, that it's an investment grade stock. Uptrend, consolidate, uptrend, consolidate, uptrend, consolidate, etc. All the gains have held for 8 months!
It's in the charts.
I won't even share due diligence since you seem disinterested in that. But there is a saying that rings absolutely true here: "news trumps all"
Get in for the long haul, or take your day trading talents to another stock that will actually be worth day trading.
Good luck.
Go AMFE
Rec
A late welcome StockWhale, don't be a stranger.
AMFE let's those with tremendous gains sleep easy, and get lazy about posting.
Hopefully you'll make your presence known a little more often.
Go AMFE
Rec
Exactly how many became long holders here in AMFE, including myself.
Came in for a starter on the GROzone division, but stayed for everything else I discovered.
Go AMFE
Rec
AMFE will likely have record dollar volume traded today, AND number of individual trades.
This is extremely bullish when paired with the fact that it's all trading at or near yearly highs, and highs in the last 10 years!
AMFE is as strong as they come!
Rec
That's a fair and legit assessment of today's trading so far.
Go AMFE
Rec
In my observations, the more market makers and deeper the bid/ask line up are, the more stable a stock becomes.
AMFE doesn't see a lot of short term intraday volatility. There have been days like today where the range is quite large, relative to the stock price, but any healthy uptrend like we've seen with AMFE will have days that shake down to the core. These days are needed, as it often is the behavior that occurs while shares are being transferred from one shareholder base to another. (aka a healthy churn)
Those who remain steadfast and focused on the long term outlook in AMFE, will in my opinion do extremely well.
The variety of market makers showing up lately, including ASCM and DLNY, are a healthy part of the overall trading.
Go AMFE
Rec
DLNY new market maker :)
Go AMFE
Rec
Breakaway gap forming, and that's ok. Google breakaway gaps....
This is going to be an insane open!
Go AMFE
Rec
Glad to see you as the newest mod for AMFE! Again, very well done on your timeline and the continuous updates you've been making!
Go AMFE
Rec
July revenues are primarily from AMFE's distribution arm.
There are 2000 accounts that the AMFE sales team is targeting.
They already received a purchase order in the amount of $1.25M from ONE retailer, for ONE gaming title.
Bears vs. Babies is a highly anticipated game release that AMFE appears to have exclusive distribution rights for. The creator of this new game also created Exploding Kittens, which did $50M in sales within a year.
( https://www.cnbc.com/2016/09/28/how-exploding-kittens-blew-up-into-a-fortune.html )
I think Roger far underestimated 2018 revenues. Or gave an outlook based solely on completed deals and how those deals will play out into 2018.
If so, any new deals / PO's will add a ton to the bottom line and make 2018's revenues look a lot more impressive than what Roger is humbly stating.
Go AMFE
Rec
I love that Roger is talking about franchising Snakes and Lattes in 2018.
If Snakes and Lattes becomes a franchise model, it will likely be the responsibility of the individual franchise owners to put their own money up and not only pay AMFE a franchise fee, but possibly share a percentage of their profits with AMFE based on the franchise agreement.
The beauty of franchising, is you have individuals risking their money to build the company brand they're buying into.
The Snakes and Lattes brand grows, but with minimal risk and dollar investment from the company.
Go AMFE
Rec
This is not the kind of toxic dilution regularly seen on the OTC with many other stocks.
The recently issued shares were at the current market value, which demonstrates two things:
1 - the 2 individuals who did the private placement had extreme confidence that their investment at market value would appreciate.
2 - the company has such good standing with the investment community that they can get non toxic funding by issuing shares at the current market value. This is practically non-existent in the OTC! Normally shares are issued at a discount to the current trading price for a cash influx. Not on AMFE's watch though :)
Many investors perceive the word dilution as being negative. But as you point out, dilution to fund growth as AMFE is doing, is being done so in a most conservative and responsible way.
The fact that the O/S will also remain under 500M for 2018, means there's not much room left, only 26M shares.
As the price is much higher now than the .09 price where AMFE previously issued shares, fewer shares would need to be issued for the same amount of money.
I imagine though, that AMFE might reduce the O/S over time, with a share buy back. And as they continue growing, they'll be even more self sufficient and won't need to fund future growth with any share issuance.
Long AMFE
Rec
Investors liking AMFE prior to today, can only like AMFE more after today's year end report and 2018 review/outlook.
One's investment only grows when the company grows. This is exactly what we're witnessing with AMFE! It's a rolling snowball effect.
Expansion into more markets and increased revenues is the key to any companies growth and continued support from the investment community.
To give an analogy for my excitement, I'll compare AMFE with a rock star's career.
The distribution is what excites me the most. This is where the bulk of incoming revenues will be derived from.
The Snakes and Lattes brick and mortar cafes are like a rock stars recordings. New recordings are released every now and then and they can bring in a steady income. They act as a legacy and can anchor a solid career.
The exclusive board game distribution act as a way to disseminate to the masses, much in the same way a rock star goes on tour to bring their exclusive act to the masses. This is where the bulk of earnings come from for a modern day rock star.
AMFE is a rock star with some very popular hit songs (Cards Against Humanity, Bears vs. Babies, etc) with a long career ahead of itself. Many recordings will be made (Snakes and Lattes brick and mortar), and as new recordings come out (future exclusive gaming titles that AMFE could distribute), massive earnings will be made time and again on the next tour (game sales).
With the amazing success we're seeing with AMFE's Snakes and Lattes gaming division, there are many other hugely successful "acts" that will likely be joining the tour! Nintendo, Cineplex, Amazon, Indigo Chapters, etc.
And with the success of the gaming division come other opportunities for their other divisions. Enter Gro3. Our sister act is already seeing success and just getting started with their tour. They too will likely gain a massive fan base and have massive earnings potential.
It's a snowball effect...as the snowball rolls down the hill, it's constantly gaining in size and speed.
This is AMFE for the foreseeable future!
Love the annual filing and future outlook provided today!
Go AMFE
Rec
"Frankly my dear, I don't give a damn"
To me, you're just as the film title this quote is from :)
You went "boom" long ago.
Sorry, but enjoy your sculpins!
Worthy of attention: SIPC share structure.
SIPC hasn't diluted shareholders.
The share structure has remained the same since I've been invested.
The annual report filed on March 31, 2017 and the quarterly report filed on May 16, 2017 show the same share structure.
Current Share Structure
Authorized Shares 888,000,000
Outstanding Shares 268,690,822
Float 220,737,488
These filings are publicly available to all here:
https://www.otcmarkets.com/stock/SIPC/filings
I like companies that aren't constantly diluting its shareholders.
Go SIPC
Rec
Worthy of attention: SIPC share structure.
SIPC hasn't diluted shareholders.
The share structure has remained the same since I've been invested.
The annual report filed on March 31, 2017 and the quarterly report filed on May 16, 2017 show the same share structure.
Current Share Structure
Authorized Shares 888,000,000
Outstanding Shares 268,690,822
Float 220,737,488
These filings are publicly available to all here:
https://www.otcmarkets.com/stock/SIPC/filings
I like companies that aren't constantly diluting its shareholders.
Go SIPC
Rec
SIPC DD 7/29/17
This is an updated perspective with added due diligence.
Several months have passed since the last all encompassing update I offered on SIPC, and a lot has transpired in that time period.
So starting from the beginning of my last due diligence post...here goes with additions from the last point where I left off. Updated additions are in red print.
Below are highlights from the last few years that really show how the company has grown and vertically integrated rapidly, within the Hemp/MJ sector to its present day business. Everything is taken from publicly available information.
It's important to take the time to understand the history of the company in order to have the vision of where it's going. Please take the time to read through ALL of this if you're an investor. Believe me, it will take far less time for you to read, than it did for me to put this all together!!
June 9, 2015 - sort of the beginning...
The stage was set earlier with their involvement in Plasma lighting solutions to the "budding" marijuana industry. However, from this point, the story begins with the early stages of SIPC forming their subsidiary Major Hemp to begin bulk hemp distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Forms-New-Business-Unit-for-Bulk-Hemp-Distribution?id=106839&b=y
December 23, 2015
Official launch of their wholly owned subsidiary Major Hemp - majorhemp.com
COSTA MESA, CA--(Marketwired - Dec 23, 2015) - Sipp Industries, Inc. (OTC: SIPC), a diversified conglomerate corporation specializing in technology, manufacturing, and distribution of commercial and consumer products announces the opening of Major Hemp at www.majorhemp.com.
Operating as a wholly owned subsidiary, Major Hemp will handle all hemp related businesses for Sipp Industries.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Official-Opening-of-New-Subsidiary-Major-Hemp?id=122084&b=y
January 26, 2016
First deal to supply quality bulk hemp ingredients.
Major Hemp continues to focus on supplying and partnering with innovative, growing companies within the hemp industry such as Hemp Angel Products. In addition to supplying customers with quality bulk hemp ingredients, Major Hemp will actively market and sell Hemp Angel Products throughout business-to-business channels nationwide. This strategy allows for both parties to mutually benefit as each business grows.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Signs-Exclusive-Supply-Agreement-With-Hemp-Angel-Products-for-Hemp-Oil?id=123850&b=y
February 23, 2016
Sipp Industries appoints Ted Jorgensen President of Major Hemp (wholly owned subsidiary of Sipp Industries. This is the beginning stages of Major Hemp Brown Ale (MHBA).
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Names-Ted-Jorgensen-as-New-President-and-Announces-Corporate-Developments?id=125919&b=y
February 29, 2016
Major Hemp provides hemp seeds to Crazy Mountain Brewery ( crazymountainbrewery.com ) and partners with them to market and distribute Hippie's Hemp Brown Ale. Crazy Mountain Brewery is currently carried by major distributors and in Whole Foods. Their distribution is in 19 states, and several countries in Europe!
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-and-Crazy-Mountain-Brewery-Agree-on-Hemp-Supply-and-Co-Marketing-Terms-for-Hemp-Beer?id=126329&b=y
Side note, I was visiting family in MN and went to a restaurant in the popular Uptown area of Minneapolis and saw a beer from Crazy Mountain Brewery on the beer list. With a quick search, yes...this is the same brewery that SIPC partnered with. It wasn't the Hippie's Hemp Brown Ale, but it demonstrates the reach that one of the breweries they partnered with has. These associations can be key when it comes to opening doors for distribution of other varieties of beers SIPC and this brewery partner on. Here's a picture of the beer on the menu:
March 3, 2016
Major Hemp signs distributor agreements with big retailers Wanderport and Acadia Hemp, and bulk hemp sales. This is showing continued expansion and growth for Sipp Industries wholly owned subsidiary Major Hemp.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Signs-Distributor-Agreements-With-Wanderport-and-Acadia-Hemp-for-Retail-and-Bulk-Hemp-Sales?id=126650&b=y
The next few press releases below, outline a successful agreement made with Ute Pass Brewing Company, a trial run of several craft beers, a "beta" launch at a 4/20 festival, and the ultimate lead up to the formulation of Major Hemp's CBD Hemp Beer with Ute Pass Brewing in association with Crazy Mountain Brewery.
March 14, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Signs-Hemp-Beer-Agreement-With-Ute-Pass-Brewing-Company?id=127280&b=y
April 4, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Provides-Update-on-Colorado-Brewed-Hemp-Beer-Availability?id=128661&b=y
April 15, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Provides-Hemp-Beer-Update-With-Ute-Pass-Brewing-Company-and-4-20-Event?id=129448&b=y
April 22, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Reports-4-20-Hemp-Beer-Event-Exceeds-Attendance-Expectations--Company-Provides-Guidance-on-Hemp-Beer-Business-Direction?id=129961&b=y
April 27, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-and-Ute-Pass-Brewing-Company-Announce-Launch-of-Revolutionary-CBD-Infused-Hemp-Craft-Beer?id=130275&b=y
June 1, 2016
High demand results in first run of hemp and CBD beer, now available at Ute Pass Brewing Company in Woodland Park, CO and has the option to acquire a minority stake in the brewery while working to secure revenue growth with sales and nationwide distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Availability-of-Craft-Hemp-Beers-Major-Hemp-Porter-and-Major-Hemp-CBDBIES?id=133105&b=y
July 28, 2016
Shareholder update overviewing their multiple lines of business.
https://www.otcmarkets.com/stock/SIPC/news/SIPP-Industries-Announces-Shareholder-Update-and-Corporate-Developments?id=136864&b=y
September 7, 2016
SIPC receives a 2,000 lb. hemp seed order, contributing to revenue that already exceeds the previous quarter.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Receives-2-000-lb-Order-of-Organic-Bulk-Hemp-Seed?id=139896&b=y
October 17, 2016
Wow, SIPC retires 395 million restricted shares and cancels 1 million shares of preferred stock, leaving no preferred stock issued and outstanding. In essence, this shows absolute confidence in the ongoing business and the future prospects for the company.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Retires-395-Million-Shares-of-Common-Stock?id=142583&b=y
October 20, 2016
SIPC prepares to have full proprietary rights and control over their own hemp and CBD beer recipes. Part of this process requires a new partner that has full turnkey brewing and distribution capabilities. This is where Major Hemp Brown Ale (MHBA) is born, the company's first wholly owned hemp beer.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Secures-Partnership-with-Distinguished-Brewery-for-Enhanced-Production-Capacity-and-Provides-Update-on-Hemp-and-CBD-Beer-Initiatives?id=142891&b=y
November 14, 2016
SIPC officially enters partnership with Sleeping Giant Brewing Company to launch their wholly owned hemp beer MHBA. Sleeping Giant is a large contract brewery that doesn't brew their own beer, which helps to avoid any conflict of interest over ownership or intellectual property.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Enters-Strategic-Partnership-for-Launch-of--quot-Major-Hemp-Brown-Ale-quot---Exclusive-Premium-Hemp-Beer?id=144722&b=y
February 1, 2017
Sleeping Giant Brewing Company completes initial run of MHBA for SIPC, leading to SIPC signing a distribution deal with Colorado Craft Distributors. They will scale locally in the Denver market to gauge consumer response prior to developing a strategy for wider distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Enters-Agreement-with-Colorado-Craft-Distributors-to-Distribute--quot-Major-Hemp-Brown-Ale-quot-?id=150124&b=y
February 22, 2017
MHBA sustaining sales and growing interest leading to anticipated production and sales in CA. Additionally, Sleeping Giant Brewing Company and Major Hemp are formulating a new CBD infused beer, with an expected launch in the second quarter of this year.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-in-Partnership-with-Sleeping-Giant-Brewing-Embarks-on-Formulation-of-New-Cannabidiol-Infused-Beer?id=151723&b=y
March 22, 2017
Going back to March 3, 2016 when SIPC signed a distributor agreement with Wanderport...that press release said the company was "in discussions with Wanderport Corporation to supply raw hemp ingredients for the development of new, innovative, hemp-infused products." Despite a year passing by, SIPC ultimately did end up supplying Wanderport Corporation with premium bulk hemp seed that was used in Wanderports hemp based products, including their hemp Sapa Coffee.
Additionally, with the success of their Major Hemp Brown Ale, plans for national distribution in cans and bottles ensues.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Forms-Distribution-Partnership-with-Wanderport-Corporation-to-Supply-Premium-Bulk-Hemp-Seed-and-Oil?id=153955&b=y
Hemp Sapa Coffee retail display, also available for sale on Amazon.
Major Hemp Brown Ale in bottles for the first time?
April 13, 2017
SIPC doubles the number of establishments carrying Major Hemp Brown Ale. 3 days later, those who follow Sipp Industries Facebook page noticed Old Chicago (National Franchise) of Aurora CO was now serving Major Hemp Brown Ale! Even if this is just one of the many franchises of Old Chicago, it sets a precedent and establishes a relationship and contract model for future locations to be added.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Doubles-Number-of-Establishments-Carrying-Major-Hemp-Brown-Ale?id=155949&b=y
Major Hemp Brown Ale now served at Old Chicago in Aurora
May 11, 2017
Re-orders of Major Hemp Brown Ale! Great news, but even bigger is the beginning stages of CBD beer!! For those who understand the difference between hemp and CBD, this is huge! A CBD beer will have a completely different kind of "medicated bodily impact" that will capture the attention and interest of beer goers!! This could be bigger than Major Hemp Brown Ale!!
"Sipp Industries, in partnership with distributor Colorado Craft Distributors, has invested in equipment that enables professional samples of Major Hemp Brown Ale to be delivered to more establishments and higher volume potential buyers. Additionally, the Company is using this equipment that can produce limited samples of CBD beer for potential customers and pre-orders. Jorgensen continued, "Our water soluble CBD blends perfectly with a number of beers we've tested at Sleeping Giant Brewery. The next step is determining the right beer, demand, and launch strategy."
Additionally, expansion plans are underway into the California, Illinois, and New York markets. Entrance into these large markets will help put SIPC in front of a whole new audience and as partnerships and deals are made within these market segments, SIPC can start becoming a nationally known brand for its hemp and CBD beers.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Reorders-and-New-Establishments-Carrying-Major-Hemp-Brown-Ale?id=158756&b=y
June 29, 2017
A nice corporate update and exclusivity with Wanderport.
"Sipp Industries also reports it has made significant progress with the Alcohol and Tobacco and Trade Bureau through advancing licensing opportunities which is critical to expand sales of hemp and CBD beer. The Alcohol and Tobacco and Trade Bureau is a bureau under the Department of Treasury. At the TTB, the governmental organization enforces the Federal Alcohol Administration Act (FAAA)."
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-New-Supplier-Contract-with-Wanderport-Corporation-and-Provides-Corporate-Updates?id=163504&b=y
This brings us to present day. SIPC continues its steady flow of communication and updates. I expect to hear more from the company along the lines of their new CBD infused beer and further saturation into other markets with their MHBA line of beer, but in cans/bottles.
SIPC has come a long way in a few short years. Like it or not, widespread exposure a few months back, brought focus to a development stage company, making healthy strides as they continue seeing growth.
At the current price of .0138, and a market cap of only $3.7 million, it's hard not to consider taking a position here. A publicly traded hemp/CBD beer company with positive slow and steady growth...definitely worth having a position in my opinion.
Go SIPC
Rec
SIPC updated perspective and due diligence 7/29/17
Several months have passed since the last all encompassing update I offered on SIPC, and a lot has transpired in that time period.
So starting from the beginning of my last due diligence post...here goes with additions from the last point where I left off. Updated additions are in red print.
Below are highlights from the last few years that really show how the company has grown and vertically integrated rapidly, within the Hemp/MJ sector to its present day business. Everything is taken from publicly available information.
It's important to take the time to understand the history of the company in order to have the vision of where it's going. Please take the time to read through ALL of this if you're an investor. Believe me, it will take far less time for you to read, than it did for me to put this all together!!
June 9, 2015 - sort of the beginning...
The stage was set earlier with their involvement in Plasma lighting solutions to the "budding" marijuana industry. However, from this point, the story begins with the early stages of SIPC forming their subsidiary Major Hemp to begin bulk hemp distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Forms-New-Business-Unit-for-Bulk-Hemp-Distribution?id=106839&b=y
December 23, 2015
Official launch of their wholly owned subsidiary Major Hemp - majorhemp.com
COSTA MESA, CA--(Marketwired - Dec 23, 2015) - Sipp Industries, Inc. (OTC: SIPC), a diversified conglomerate corporation specializing in technology, manufacturing, and distribution of commercial and consumer products announces the opening of Major Hemp at www.majorhemp.com.
Operating as a wholly owned subsidiary, Major Hemp will handle all hemp related businesses for Sipp Industries.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Official-Opening-of-New-Subsidiary-Major-Hemp?id=122084&b=y
January 26, 2016
First deal to supply quality bulk hemp ingredients.
Major Hemp continues to focus on supplying and partnering with innovative, growing companies within the hemp industry such as Hemp Angel Products. In addition to supplying customers with quality bulk hemp ingredients, Major Hemp will actively market and sell Hemp Angel Products throughout business-to-business channels nationwide. This strategy allows for both parties to mutually benefit as each business grows.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Signs-Exclusive-Supply-Agreement-With-Hemp-Angel-Products-for-Hemp-Oil?id=123850&b=y
February 23, 2016
Sipp Industries appoints Ted Jorgensen President of Major Hemp (wholly owned subsidiary of Sipp Industries. This is the beginning stages of Major Hemp Brown Ale (MHBA).
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Names-Ted-Jorgensen-as-New-President-and-Announces-Corporate-Developments?id=125919&b=y
February 29, 2016
Major Hemp provides hemp seeds to Crazy Mountain Brewery ( crazymountainbrewery.com ) and partners with them to market and distribute Hippie's Hemp Brown Ale. Crazy Mountain Brewery is currently carried by major distributors and in Whole Foods. Their distribution is in 19 states, and several countries in Europe!
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-and-Crazy-Mountain-Brewery-Agree-on-Hemp-Supply-and-Co-Marketing-Terms-for-Hemp-Beer?id=126329&b=y
Side note, I was visiting family in MN and went to a restaurant in the popular Uptown area of Minneapolis and saw a beer from Crazy Mountain Brewery on the beer list. With a quick search, yes...this is the same brewery that SIPC partnered with. It wasn't the Hippie's Hemp Brown Ale, but it demonstrates the reach that one of the breweries they partnered with has. These associations can be key when it comes to opening doors for distribution of other varieties of beers SIPC and this brewery partner on. Here's a picture of the beer on the menu:
March 3, 2016
Major Hemp signs distributor agreements with big retailers Wanderport and Acadia Hemp, and bulk hemp sales. This is showing continued expansion and growth for Sipp Industries wholly owned subsidiary Major Hemp.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Signs-Distributor-Agreements-With-Wanderport-and-Acadia-Hemp-for-Retail-and-Bulk-Hemp-Sales?id=126650&b=y
The next few press releases below, outline a successful agreement made with Ute Pass Brewing Company, a trial run of several craft beers, a "beta" launch at a 4/20 festival, and the ultimate lead up to the formulation of Major Hemp's CBD Hemp Beer with Ute Pass Brewing in association with Crazy Mountain Brewery.
March 14, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Signs-Hemp-Beer-Agreement-With-Ute-Pass-Brewing-Company?id=127280&b=y
April 4, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Provides-Update-on-Colorado-Brewed-Hemp-Beer-Availability?id=128661&b=y
April 15, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Provides-Hemp-Beer-Update-With-Ute-Pass-Brewing-Company-and-4-20-Event?id=129448&b=y
April 22, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Reports-4-20-Hemp-Beer-Event-Exceeds-Attendance-Expectations--Company-Provides-Guidance-on-Hemp-Beer-Business-Direction?id=129961&b=y
April 27, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-and-Ute-Pass-Brewing-Company-Announce-Launch-of-Revolutionary-CBD-Infused-Hemp-Craft-Beer?id=130275&b=y
June 1, 2016
High demand results in first run of hemp and CBD beer, now available at Ute Pass Brewing Company in Woodland Park, CO and has the option to acquire a minority stake in the brewery while working to secure revenue growth with sales and nationwide distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Availability-of-Craft-Hemp-Beers-Major-Hemp-Porter-and-Major-Hemp-CBDBIES?id=133105&b=y
July 28, 2016
Shareholder update overviewing their multiple lines of business.
https://www.otcmarkets.com/stock/SIPC/news/SIPP-Industries-Announces-Shareholder-Update-and-Corporate-Developments?id=136864&b=y
September 7, 2016
SIPC receives a 2,000 lb. hemp seed order, contributing to revenue that already exceeds the previous quarter.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Receives-2-000-lb-Order-of-Organic-Bulk-Hemp-Seed?id=139896&b=y
October 17, 2016
Wow, SIPC retires 395 million restricted shares and cancels 1 million shares of preferred stock, leaving no preferred stock issued and outstanding. In essence, this shows absolute confidence in the ongoing business and the future prospects for the company.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Retires-395-Million-Shares-of-Common-Stock?id=142583&b=y
October 20, 2016
SIPC prepares to have full proprietary rights and control over their own hemp and CBD beer recipes. Part of this process requires a new partner that has full turnkey brewing and distribution capabilities. This is where Major Hemp Brown Ale (MHBA) is born, the company's first wholly owned hemp beer.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Secures-Partnership-with-Distinguished-Brewery-for-Enhanced-Production-Capacity-and-Provides-Update-on-Hemp-and-CBD-Beer-Initiatives?id=142891&b=y
November 14, 2016
SIPC officially enters partnership with Sleeping Giant Brewing Company to launch their wholly owned hemp beer MHBA. Sleeping Giant is a large contract brewery that doesn't brew their own beer, which helps to avoid any conflict of interest over ownership or intellectual property.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Enters-Strategic-Partnership-for-Launch-of--quot-Major-Hemp-Brown-Ale-quot---Exclusive-Premium-Hemp-Beer?id=144722&b=y
February 1, 2017
Sleeping Giant Brewing Company completes initial run of MHBA for SIPC, leading to SIPC signing a distribution deal with Colorado Craft Distributors. They will scale locally in the Denver market to gauge consumer response prior to developing a strategy for wider distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Enters-Agreement-with-Colorado-Craft-Distributors-to-Distribute--quot-Major-Hemp-Brown-Ale-quot-?id=150124&b=y
February 22, 2017
MHBA sustaining sales and growing interest leading to anticipated production and sales in CA. Additionally, Sleeping Giant Brewing Company and Major Hemp are formulating a new CBD infused beer, with an expected launch in the second quarter of this year.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-in-Partnership-with-Sleeping-Giant-Brewing-Embarks-on-Formulation-of-New-Cannabidiol-Infused-Beer?id=151723&b=y
March 22, 2017
Going back to March 3, 2016 when SIPC signed a distributor agreement with Wanderport...that press release said the company was "in discussions with Wanderport Corporation to supply raw hemp ingredients for the development of new, innovative, hemp-infused products." Despite a year passing by, SIPC ultimately did end up supplying Wanderport Corporation with premium bulk hemp seed that was used in Wanderports hemp based products, including their hemp Sapa Coffee.
Additionally, with the success of their Major Hemp Brown Ale, plans for national distribution in cans and bottles ensues.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Forms-Distribution-Partnership-with-Wanderport-Corporation-to-Supply-Premium-Bulk-Hemp-Seed-and-Oil?id=153955&b=y
Hemp Sapa Coffee retail display, also available for sale on Amazon.
Major Hemp Brown Ale in bottles for the first time?
April 13, 2017
SIPC doubles the number of establishments carrying Major Hemp Brown Ale. 3 days later, those who follow Sipp Industries Facebook page noticed Old Chicago (National Franchise) of Aurora CO was now serving Major Hemp Brown Ale! Even if this is just one of the many franchises of Old Chicago, it sets a precedent and establishes a relationship and contract model for future locations to be added.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Doubles-Number-of-Establishments-Carrying-Major-Hemp-Brown-Ale?id=155949&b=y
Major Hemp Brown Ale now served at Old Chicago in Aurora
May 11, 2017
Re-orders of Major Hemp Brown Ale! Great news, but even bigger is the beginning stages of CBD beer!! For those who understand the difference between hemp and CBD, this is huge! A CBD beer will have a completely different kind of "medicated bodily impact" that will capture the attention and interest of beer goers!! This could be bigger than Major Hemp Brown Ale!!
"Sipp Industries, in partnership with distributor Colorado Craft Distributors, has invested in equipment that enables professional samples of Major Hemp Brown Ale to be delivered to more establishments and higher volume potential buyers. Additionally, the Company is using this equipment that can produce limited samples of CBD beer for potential customers and pre-orders. Jorgensen continued, "Our water soluble CBD blends perfectly with a number of beers we've tested at Sleeping Giant Brewery. The next step is determining the right beer, demand, and launch strategy."
Additionally, expansion plans are underway into the California, Illinois, and New York markets. Entrance into these large markets will help put SIPC in front of a whole new audience and as partnerships and deals are made within these market segments, SIPC can start becoming a nationally known brand for its hemp and CBD beers.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Reorders-and-New-Establishments-Carrying-Major-Hemp-Brown-Ale?id=158756&b=y
June 29, 2017
A nice corporate update and exclusivity with Wanderport.
"Sipp Industries also reports it has made significant progress with the Alcohol and Tobacco and Trade Bureau through advancing licensing opportunities which is critical to expand sales of hemp and CBD beer. The Alcohol and Tobacco and Trade Bureau is a bureau under the Department of Treasury. At the TTB, the governmental organization enforces the Federal Alcohol Administration Act (FAAA)."
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-New-Supplier-Contract-with-Wanderport-Corporation-and-Provides-Corporate-Updates?id=163504&b=y
This brings us to present day. SIPC continues its steady flow of communication and updates. I expect to hear more from the company along the lines of their new CBD infused beer and further saturation into other markets with their MHBA line of beer, but in cans/bottles.
SIPC has come a long way in a few short years. Like it or not, widespread exposure a few months back, brought focus to a development stage company, making healthy strides as they continue seeing growth.
At the current price of .0138, and a market cap of only $3.7 million, it's hard not to consider taking a position here. A publicly traded hemp/CBD beer company with positive slow and steady growth...definitely worth having a position in my opinion.
Go SIPC
Rec
If AMFE's recent move higher wasn't from a sponsor, that makes the move all the more impressive!
If it was all retail money pushing AMFE higher on this last move, can you imagine when institutional investment steps in.
Additionally, if AMFE doesn't have a sponsor yet, I see no reason why they won't receive one. The company has certainly demonstrated through its actions over the past year that they are a profitable emerging company with tremendous growth prospects.
Go AMFE
Rec
I've seen varying degrees of information on this topic.
My educated guess/answer would be that AMFE must have a minimum bid price of .25 for 30 days following the application for OTCQX.
I'd like to see this addressed by Roger in the update accompanying the financials being released by Monday.
And if he were to touch on everything entailing the up-list process, I'd imagine we also hear something regarding a board of directors. Based on any newly appointed board members, this might be telling of whose attention AMFE has grabbed and the influence/reach that that individual brings to the table...
Further speculating chatter/food for thought.
Go AMFE
Rec
Some new information / speculation for AMFE.
From July 11 - July 28, investors have seen a move in stock price from a low of .0843 to a high of .18.
Taking into consideration this all happened with heavy dollar volume, and the fact that AMFE is not exactly trading in sub penny levels, this is a most impressive move.
This leads me to believe that AMFE may be drawing investment money from a sponsor, like an investment bank that has financial resources to support a strong move like we've seen in AMFE.
Part of the requirements for up-listing to OTCQX is to have an approved investment bank, attorney, or DR bank, (DR = Depository Receipt, aka commercial/retail banks) offer a letter of introduction.
Read here about sponsors:
https://www.otcmarkets.com/services/companies/otcqx-us/sponsors
Part of a sponsor's responsibilities may be to assist AMFE in adhering to disclosure protocols. In other words, helping AMFE achieve that minimum .25 bid price. (the last remaining obstacle keeping AMFE from up-listing to OTCQX)
Read here about other eligibility requirements for OTCQX:
https://www.otcmarkets.com/services/companies/otcqx-us/qualifications
If an approved financial institution is indeed acting as a sponsor for AMFE by way of investment, this institution will likely be a long holder and assist in supporting their own investment with further investment.
So I'm speculating that AMFE has a sponsor in place.
The smaller retail investment community (all of us here) has discovered the tremendous growth prospects that AMFE offers.
But to have a larger investment firm of some sort, give their blessing on AMFE, offers peace of mind above and beyond what the average retail investor offers by way of their opinions on forums and message boards.
And it goes without saying, an approved sponsor wouldn't select AMFE without properly vetting the entire company and concluding that there is long term growth prospects.
Up-listing to OTCQX is a stepping stone from which to launch, because this is where the doors open to a much broader investment base.
We as early investors have done some serious heavy lifting in the early stages, thanks in large part to Roger (AMFE CEO), Ben (founder of Snakes and Lagers), and Ambrose (inventor of the GROzone technology). A separate special shout out to Rocketstocks as well for all of his commentary and shared insight through due diligence!
Once we up-list to OTCQX, any of the early investors who remain in, will likely be taken on an amazing ride as institutional investment steps in (step aside little guys, we'll take it from here), and takes AMFE to a much higher valuation as the company continues its growth and expansion in all areas.
All of this will take time...but for those that stick around, I sincerely believe an investment in AMFE held long, could be a truly astonishing life changer.
So for anyone thinking about selling once we get to that .25 level/QX tier, or start seeing a stall out with another period of consolidation at or near those levels, I believe that is where one will eventually be left far behind as institutional investment and other broader investment communities step in. Think about it..., their STARTER positions will be .25 and up.
Go AMFE
Rec
Please no big gaps. This is much more than a chart play, but part of what's made this have such an incredible healthy run, is no gaps in the chart.
I believe part of today's action toward the end of day was to paint the .18 and close in the mid .17's so there wouldn't be a gap on Monday if financials and updates are stellar as expected.
We can open at or below .18 now, without a gap in the chart.
Go AMFE
Rec
No need to poke the bears. Winning with class is what AMFE should be about.
Long AMFE
Rec