Just my opinion, we’ve been here a while and Riss deals rarely return unless except for the great scam ,Uzbekistan, and as I’ve said many times I’ll never complain about that one. There are many reasons why we are at trip1/2, all of which are realistic assumptions as we don’t know what is going on and won’t until it happens, Riss style!!!
Zen

Hahaha, lolololol!!!!! Just simply lost without ole pals around to hold hand. lol
Eltp

You will not get specific answers from him now or 10 years ago.
The answer to your first question is NONE of these politically and for the most part hypothetical articles will NO impact on such a geographically restricted pot Co with no revenue compared to the big pot Cos and big tobacco lobbying for proposed legislation.
Your observation re revenues is spot on which I believe is the reasoning for postponing the spinoff.
Zen

Lolololol, that’s funny, as if I need more trip ones. Why don’t you explain why anyone would cheer on pvsp right now. This should be interesting if you are honest enough to answer without BS!!
Zen

Yep, I comprehend well; but who will own/control the majority of that 80%?? Not us and WE will not control 50% + 1 share of the pvsp voting shares(CONTROL)Don’t fool yourself or especially others, 20% of the shares at trip one will not cover the pvsp debt and the controlling shares will be able to increase the SS whenever they desire for convertible debt or other purposes. Pvsp will pay down the Zen debt before a spinoff. You must be living in an alternate reality if you believe we are not dealing with Riss.
Zen

Another outright lie:
“Plus PVSP shareholders get to keep their current shares plus current shareholders will OWN 80% of the company vs the current 15%. “.
Zen

Pre tell, how exactly do you know there will be no departures from that SS?? Being dishonest is simply not a good look!!!
Zen

Correct and not complaining, but let’s be honest; how many years did it sit at trip one??? Secondly, it ran with the other penny turds in 21’, all based upon lies and scam deals. Third, Zen is now years behind the initial projected revenue with no profits (in fact still at year one projections) and will not be worth close to some of these projected dream prices after a spin off while pvsp will remain a low trip stock. Zen knows a precipitous spin off will be a failure, hence the delay. No one can be so naive as to believe an audit can take more than a few months to complete. The facts being stated, I’m still a sucker for 1s but not 2s.

Nope, they still say and will say they should have SOLD more when it was up. Pvsp/zen is in a catch 22 due to the lack of reve/profits predicted. Pvsp will be a low trip stock w/o zen and zen may run once and remain a .10 or less stock despite the low SS as they will start to dilute with CDs. They know this which is why they have delayed.

You as well my friend!!
Zen.

He didn’t have all these shares during the run.

Anyone who constantly posts BS.

“The only exception would be a future uplisting to OTCQX”. What this states is a RS for a FUTURE uplisting and not a RS for an up-listing. Let’s be clear what this states in plain English, they can RS stating they will up list BUT never do up list.

Lolololol, I guess the post went right over your head as usual.

No projection or statement is set in stone re the ‘forward looking statement
‘, you should know that. No one wants a RS but the current situation is wishy washy at best.
Zen

Agreed!!

A true sign of someone who lost it all in PennyLand at one time. Totally wrong most of the time but looks hard for the ones on the downside. Back seat drivers with scared money never win in any index and are not traders.
Usei

Unrestricted stock being sold and bills being paid via stock. They will wait until debt free before doing RS.

Correct, but not with capital gains.

Not quite, he gains a clean shell which helped him with cash flow pre RS.

Accurate post!!!

All nonsense relative to this stock and this board. Are there any 3s remaining for sale??? Any bets re a RS???
Zen

So when is the 3 year no RS date expire??

Correct!!!

lol

Wrong, perhaps one might consider the % return trading in the lower numbers vs higher trading. Combined with volume there is no better return than trading below .05 and especially in the trips. Do the math on a simple one penny trade from .02-.03=50% and compare the return on .20-.21=5% or .10-.11=10% return. There is all the reason in the world , FAST MONEY, to keep stocks lower as long as they can.
Eltp

All have a great and safe XMAS!!!

We shall soon see, one way or the other.

Also, there are a 100+mm unrestricted that can be sold.

Keep telling yourself that, All the 5 digit trades from the broker dealers are NOT tax sales. Additionally, tax loss selling is almost non existent in pinky land.
Zen

Is anyone rationalizing BJ’s non existent 50mm plus 3’s for sale!!! I would not buy anything but 1s unless your just gettin in and then only 2s as a starter. I would also take ANYTHING from the Co with a giant grain of salt. If no Zen spinoff then a RS is imminent!! They said no RS for three years, what date would that be??
Zen

Hopefully, you feel quite ridiculous re this post now.
Zen

Pvsp public status with this share structure is worth about 100-200k. An entity with very low OS may be worth 4-500k. Do your homework re high os shells.
Zen

lol, but not is not what was being implied. I’ll take another 01 though but it will be short lived.
Zen

Take off, lolololol!! Pvsp will be worth no more than <.005 with the current share structure and revenue!!

The audit did not take long, the Co took long delivering their financials and back up documents to the auditor!!!

Add into that equation a management that has been wrong or lying re future events since they took over pvsp!!!

Really, what rule are you referring to?? I thought you mentioned a share buyback, lolololol!!!
Zen

You are completely ignoring the value based upon the share structure and debt. Get real!!

Don’t be delusional, not without a RS.
Zen