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Absolutely...and one would have thought that the daytraders, shorters, flippers all would have come to play in FWDG today, as this is the type of environment that the shorts thrive on...
It is puzzling that the volume is not much higher, as this is definitely an environment today that the stock could be flipped back and forth, to make a profit...and, still buy in at the end of the day to lock in the dividends...the PPS was quite volatile when it ran last week...but, what do I know?
Are there not concerns that shareholders of record are getting dividends in companies, that, even though they are freebies, they are pretty much non-productive...and maybe worthless moving forward?
I am new here, but from what I have heard from others, and from reading some history of the company and CEO, This guy appears to have a pretty solid track record for not being trusted, and that he does not work in the best interest of the shareholders...hence, R/S's in different stocks, etc. Seeds always bare the fruit of tree... AJMHO, of course, FWIW
Looks like VFIN...with a little help from a couple of his fellow market manipulators, is going to sit on the ask with his 10,000 offer and not allow the PPS to go any higher than $.003 until the CEO's buying is complete, or the dumping is finished, or the shorts and MMs have completed their short position cover...OR a combination of the three...
Could the CEO be buying shares for profit later? Could he be buying shares to retire later?...$300,000 will buy 100M shares!!!
Could this be a scam with the CEO playing the same hand over again that he has in the past, as others have stated...with the same end result?
Could this be some shorts covering on the bid side, protected by VFIN and a large ask position from a couple of other MMs?
Could it be accumulation, forming a solid base from which to launch a bullish move?
Could this be some debenture sells/dump?
Looks like the MMs want to push the PPS lower, but low volume...only 2.6M shares traded, and the fact that shareholders do not appear to be selling makes their deceitful act harder to carry out.
So many questions...so few answers. I will defer to those with more experience and knowledge to answer some of these questions... AJMHO, of course, FWIW
"Wisdom is glorified in the market places, she raises her voice in the streets."
$.034
.20 cents might be a bit too high, and/or far-fetched for the shorter and his broker to take seriously.
There are generally two schools of thought when locking up your shares to protect against the MMs from naked shorting them...
The first one is the one that most investors mention, and follow, which is to put a extremely high and unreasonable sell price on the shares...which is OK, but I have found that the second one seems to make more sense...
Which is, for example, if the PPS of FWDG is .005 then place a sell order in at say .03 - .05 cents. The logic behind this sell price is that:
It is reasonable and it makes the broker think about whether this is a legitimate sell price that will cause him to think about issuing a margin call, or is it just an investor "head fake" to scare him into reclaiming those borrowed shares...wherein a typical margin call threshold of around 30% - 40% above the short position has been reached and/or breached.
When the high number is placed on the sell price, the broker just blows it off, as he knows that the number is not a realistic number and that it can not be reached, and therefore it is not a threat to him having to make a decision to margin call the shorter when the margin call threshold has been reached...he is confident and can just let the short position ride...which is NOT what investors want - we want a SHORT SQUEEZE;
At the $.03 - $.05 sell price lock up, the sphincter could tighten a bit, and cause some uneasiness about whether to margin call the short as the PPS rises...as this is a realistic and quickly reachable sell price, that could occur, quickly, as a result of many market situations, etc.; AJMHO, of course, FWIW
"You shall know the truth, and the truth shall set you free."
$.034
There is news from DBMM, a partner...whose PPS is .0001, and that is only on the ask...there is NO BID for our partner...
Cannot get it to copy from the Ameritrade page...
Might have been better suited to not ever waste the money to PR this partner...does not look good...grasping at straws...it seems... JMHO, of course, FWIW
For those having heated discussions about whether ERBB had the facial recognition technology in their patent and product...I found this article from feb 26,2015 where the ERBB employee hired to install the Zazzz machines mentions that the machines do have facial recognition... JMHO, of course, FWIW
http://www.iexaminer.org/2015/02/marijuana-vending-machine-makes-debut-in-international-district/
Marijuana vending machine makes debut in International District
Nick Wong February 24, 2015
American Green master agent Ester Tepku operates the ZaZZZ machine on South Jackson Street, the first vending machine in the nation to sell marijuana and marijuana infused products.
American Green master agent Ester Tepku operates the ZaZZZ machine on South Jackson Street, the first vending machine in the nation to sell marijuana and marijuana infused products.
Seattle Caregivers, a medical marijuana dispensary located on South Jackson Street, debuted the country’s first marijuana vending machine and has plans to take the trend nationwide.
The dispensary is the first in the nation to adopt vending machines as a way to sell their products to patients. The ZaZZZ machine, an innovation from the Arizona-based company American Green, is responsible.
Walking into Seattle Caregivers, the place is split into two sections. In the back is a fully stocked salesroom complete with glass case counters displaying the facility’s inventory. In the front is a bare white-walled waiting room with a sliding glass window for staff to communicate with patients. And against the wall opposite sit two of the famed ZaZZZ machines, plugged in and ready for service. The idea, like most vending machines, is convenience.
“It’s about technology giving you what you want and what you need at the right time instead of having to wait to someone,” says Esther Tepku, an American Green master agent responsible for the implementation of the new machines in the Seattle area. “Whether you’re using it for candy and chips, or cannabis, it does the same thing. It gives the consumer what it wants.”
Though Tepku does not work directly for Seattle Caregivers, she is co-opted into the dispensary to ensure the ZaZZZ launch goes smoothly. Because it is prohibited for Arizona growers to ship product across state lines, American Green employs local growers and partners with dispensaries in the area interested in leasing out its product. Currently, the machines are not available for purchase, though Tepku estimates about seven machines being leased in dispensaries throughout the state, with the International District location being the first.
“As far as the Chinatown area and the neighbors and businesses, we’ve been accepted properly,” Tepku says. “We’ve been on cordial ties with everyone. I don’t feel there’s any animosity or anger about us being in the area, at least not forwardly,” she laughs. “As far as patients, they’ve been consistent. I think the Seattle area is a bit congested when it comes to dispensaries, but it’s been consistent.”
While medical marijuana use has been legal (or unenforced) in some form since 1998, it wasn’t until 2012 when Washington State passed Initiative 502, which legalized the recreational use of small amounts of marijuana-related products for adults 21 and over. The legalization of recreational marijuana led to the spawning of dispensaries throughout the state. Seattle Caregivers exists within a sea of dispensaries in a two-block radius, and the use of the ZaZZZ vending machine is an attempt to separate itself from the competition.
Tepku fires up the machine and a swirling selection menu pops up against a bright slick touch-screen. Consumers can choose anything from edibles to THC-infused beverages. Though the first generation of the ZaZZZ machine debuted in Colorado throughout the past year, the current version is the first to dispense the more commonly recognized and smokeable marijuana buds. Goods are kept fresh by a built-in temperature control, and the machine accepts cash and the digital currency Bit-Coin for purchase. In terms of vending machine standards, it certainly has quality control and accessibility covered. But what about security? Even with the required ID swipe, what prevents a minor from using someone else’s ID?
“Facial recognition is key, and we do have a biometrics embedded into our machines, so not only do you have to scan your ID, but there is also a camera to do the facial recognition,” Tepku says. “We’re also going to attempt to build a much more secure technology, like a retina scan and right now the machine is completely anti-theft.”
Currently, the ZaZZZ machine is limited to dispensaries and full-supervision by its staff, though the company’s goal is to reach what Tepku refers to as “the RedBox model,” referencing the self-automated machines dispensing rental movies and video games commonly seen in supermarkets and outside convenience stores. The system works on a membership login basis and American Green plans on replicating both its login model as well as its wide public availability, eventually taking vending machine sales outside the confinement of dispensaries.
“We are waiting for the legislation and laws to pass to have [marijuana use] completely legal across the entire U.S., and then will we be able to expand to be on the same RedBox platforms,” Tepku says. “We are attempting to get into all the medical pharmacies. If you can walk in and pick your marijuana in the pharmacy, you will be able to get it from a vending machine.”
But even if nationwide legislation is passed, having self-automated machines publicly vend formerly prohibited—and always controversial—substances is a risky venture. Perhaps the most comparable example is the cigarette vending machine, which over time has dwindled from the public’s presence and is now mostly restricted to venues with age restrictions. Given the highly controversial nature of marijuana use and its legislation, it is not clear whether or not marijuana will reach the level of public acceptance that American Green hopes for. Tepku, however, predicts the company will be on the forefront of an inevitable change, despite the naysayers.
“There’s always going to be supporters and folks against change. Change is always going to be one of those things you adapt to or stay stagnant,” Tepku says. “The world is going to keep moving and you can either grow with it or continue to fight against it. It’s going come, it always does. Everything comes in time and it’s the patient that’s going to thrive.”
What about these facial recognition biometrics companies and machines...are there any ERBB/Tomassi patent infringements by Coke?
http://www.biometricupdate.com/201406/coke-trials-facial-recognition-vending-machines-in-australia
Coke trials facial recognition vending machines in Australia
facial-coding-technology
June 3, 2014 -
In Australia, the vending machines have eyes.
Well, 50 of them do.
According to a report in Business Insider Australia, Coca-Cola Amatil has teamed up with creative agency TKM9 to trial 50 interactive vending fridges across Australia, which all include facial recognition technology.
According to the report in Business Insider, the machines can serve ads, collect sales data and detect customer interaction, with a digital LED screen and integrated camera.
Coca Cola Amatil says the new machines have already boosted beverage sales by about 12 percent compared to standard fridges.
In particular, these machines are built on a cloud analytics platform, so that factors like geo-location, facial recognition, social media input and environment can be taken into account to tailor screen content for consumers.
This isn’t Coke’s first use of facial recognition. Reported previously in BiometricUpdate.com, Unilever and Coca-Cola last year used facial coding technology to assess the emotional impact of their advertisements.
According to a recent market report, the global market for facial recognition is projected to grow at a 24.5 percent CAGR between 2012 and 2016.
http://www.biometricupdate.com/201311/global-facial-recognition-market-set-for-growth-report
Global facial recognition market set for ongoing growth: report
facial recognition
November 28, 2013 -
The global facial recognition market is projected to grow at a CAGR of 24.5 percent between 2012-2016.
That’s the major finding from a new report published in the Research and Markets library, which also notes that a major driver in the market is the growing need for high-level security in the government sector.
Government departments such as Intelligence, Defense, Finance, and Military are the major adopters and users of facial recognition technology. In recent years, the Government sector has been the major revenue contributor to the market.
The Global Facial Recognition market is witnessing an increasing number of mergers and acquisitions, and this trend is expected to continue during the forecast period. The existing vendors and new entrants are taking the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, says the report, Safran completed the acquisition of biometric solution provider L-1 Identity Solutions in July 2011 for US$1.09 billion. The acquisition helped Safran become a leading player in the Global Facial Recognition market. Similarly, 3M completed the acquisition of Cogent Inc. in December 2010 for US$943 million. In addition, Google acquired Ukrainian augmented and facial recognition start-up Viewdle for approximately US$30 million in 2012.
Further, the report states that one of the major challenges in this market is the lack of accuracy in facial recognition systems. Sometimes, facial recognition systems may show errors in the identification process due to factors such as aging, plastic surgery, and the non-permanent makeup of the persons whose images are previously stored in the database.
Facial recognition adoption and acceptance appears to be growing and according to a recent CNN/Time/Orc poll, 79% of Americans are in favor of using facial recognition at various locations and public events, and 81% support expanded camera surveillance on streets and in public places, though recent reports have shown some surveillance practices which have been pretty unsettling and have likely since had an effect on these estimates.
? Smartphone solutions drive consumer and enterprise biometrics to $3.1b: ABI Research
? BIO-key International: A conversation with CEO Mike DePasquale
? TT Services executive shares insights about biometrics
? McCarran International Airport installs SITA’s automated passport control kiosks
Found this Major League Baseball Vendor beer machine being test marketed in MLB stadiums...
http://ftw.usatoday.com/2014/07/beer-vending-machines-target-field
With the mention of some dangers I would think that ERBB might want to look into these Pro Sports Arenas/Stadium, especially wth their patented verification system... AJMHO, of course, FWIW
Self-serve beer machines have arrived in Major League Baseball
Target Field is giving baseball fans total control over their own beers with a new self-serve beer machine.
The machine, which is the first of its kind at ballparks, debuted on Sunday with a mix of Bud, Bud Light, Shock Top Lemon Shandy and Goose Island 312 Urban Pale Ale.
The new attraction will also be available to fans at the All-Star Game.
To use the machines, customers have to buy a card from a concession worker (who checks ID) and then can be used at the vending machine to tap 48 ounces every 15 minutes.
While this is a great idea in theory, it also poses a few dangers.
This sort of reminds us of the self-serve frozen yogurt stores that keep popping up around the country. It’s a great idea in theory: You choose your own toppings and don’t have to be make the quick decision of small, medium or large.
However, it’s also the greatest test of self control (though unlike frozen yogurt shops, 48 ounces is the limit).
Once you go to the line to put your ice cream on the scale and find out it weighs three pounds and you get a disapproving look from the frozen yogurt cashier you can’t put it back. Because once the beer or frozen yogurt is out of the machine, it is not socially acceptable to put it back in there.
Also beer in that large of amounts is potentially a lot more dangerous than too much frozen yogurt (though employees will be there to stop service if a customer appears too intoxicated.
“It’s always a concern,” said Jeremy Jacobs Jr., the Principal at Delaware North Cos., which manages concessions for 10 MLB ballparks. “We’re vigilant about watching for people that are becoming inebriated and trying to restrict their consumption.”
Slurpees might be a better comparison for the self-serve machine though, meaning the second real danger will come in people trying to too creatively mix flavors — a Bud Light and Goose Island mix is just a curious customer’s pull of the lever away — something Jacobs acknowledges is likely to happen.
“That’s part of the fun,” he said. The positive of this is, as Jacobs points out, that customers have control over how much beer they want — meaning if they want to try a new beer without investing a whole cup in it, they can test out an ounce or two and then come back.
So will we see more of these? Depending on the response from consumers, Jacobs said that it may expand to other ballparks. On Sunday, before the news had spread about the machine, ballpark patrons bought 100 cards of $10-20 each. But after the media fury on Monday, Jacobs said they’re expecting many more customers.
“It’s just something we are testing to get a sense of what the customer wants,” he said. “Is it something they enjoy and something that is going to create a level of loyalty to the ballpark and the stadium.”
PR on agreement between ERBB and FWDG...probably old news and I missed it...
CB Scientific to Place its THC & CBD Test Kits in American Green’s ZaZZZ Automated Dispensaries
Denver, CO - January 28,2015 - InvestorsHub NewsWire - FutureWorld Corp. (OTC: FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announced that CB Scientific, a subsidiary of FutureWorld Corp., has reached a definitive wholesale agreement with American Green (OTC: ERBB). The agreement places CB Scientific’s “Product of the Year”, PersonalAnalytics THC & CBD Home Test Kits (http://cbscientific.com) in American Green’s ZaZZZ network of robotic dispensaries. “We are excited to have these Test Kits available in the ZaZZZ Machines, it holds us to the highest standard of medicine since we’re willing to provide people with the means of testing, right on the spot.” says Stephen Shearin, American Green president. “As a tech company, I love the test products and I am not surprised to see it won such an award right out of the gate.”
The agreement with American Green will place PersonalAnalytics THC & CBD Starter test kits in the current network of machines in 5 states. The agreement will also include CB Scientific new “Double Kit” (Test Kits that can run 2 test vs only 1) which we expect to launch in the coming weeks. “We continue to recognize American Green and ZaZZZ as the market leader in this space. Working together allows CB Scientific to extend its product reach into new territories and dispensaries and grow along with the ZaZZZ Network.” comments Bill Short, CEO of CB Scientific.
CB Scientific’s PersonalAnalytics are the first tests for consumers that are available for personal use to test for cannabinoids, including THC and CBD, outside of a lab setting. These affordable and high-quality tests provide results in ten minutes or less, and have numerous uses for recreational and medical purposes, including patients who need to use medical cannabis and hemp-related products such as CBD oil.
Both THC and CBD home testing kits are available at multiple outlets in Colorado, California, Washington, Michigan, Alaska and Arizona, specifically: head shops, dispensaries and grow stores. The kits are also available for purchase worldwide online at www.cbscientific.com. The tests have been featured on ABC, CBS, Fox, Telemundo, The Adam Dunn Show, as well as in publications such as High Times, Culture and Forbes Magazine.
ABOUT CB SCIENTIFIC
CB Scientific (www.cbscientific.com) is a wholly owned company of FutureWorld Corp. based in Denver, Colorado. CB Scientific is continuing to develop new technologies specifically for cannabis analytics. The senior management team are some of the primary men advancing gas chromatography testing in Colorado having pioneered residual solvent testing for medical cannabis and always striving to help patients know exactly what they are buying. CB Scientific believes every product sold to patients as "Medical Quality" should be inspected for health benefits, safety, consistency, purity, potency and packaged properly for distribution. CB Scientific has worked with many of the cannabis industry leaders in Colorado and have also been featured in cannabis industry publications including High Times Magazine, Culture and many trade publications, on-air interviews and panel discussions across the United States. CB Scientific's focus has been the education and safety of consumers combined with innovation to put power into the hands of the patients. Values that FutureWorld is pleased to embrace while ever striving to raise the bar of cannabis analytics even higher.
ABOUT AMERICAN GREEN, INC.
American Green became the first publicly-traded medical marijuana dispensary brand in the world, back in 2009. The Company now is keenly focused on developing, retailing, branding, and establishing commercial cultivation solutions under its proprietary American Green name along with our partners who are licensed retail medical marijuana dispensaries. American Green believes that the renewal of the legalized cannabis industry in the United States will aid in getting our economy back on its feet through increased employment in all related sectors – retail, real estate, contracting, farming and more. Additional revenues, fueled by taxing cannabis sales, and the decreased cost of housing prisoners who are no longer in prison for possession of cannabis should contribute to the renewal. Hard work and a clear vision propel American Green into the future. The centerpiece of our company is ZaZZZ, our unique automated vending solution designed specifically around American Green’s licensed proprietary patent technology.
For a complete summary of all American Green products and initiatives, please refer to www.americangreen.com.
ABOUT FUTUREWORLD CORP.
FutureWorld (Other OTC: FWDG), a Delaware corporation, is a leading provider of advanced technologies and solutions to the global cannabis industry. FutureWorld, together with its subsidiaries, focuses on the identification, acquisition, development, and commercialization of cannabis related products and services, such as industrial Hemp. FutureWorld, through its subsidiaries, provides personal and professional THC and CBD test kits, pharmaceutical grade CBD oil solutions, SafeVape vaporizers, smart sensor technology, communication network, surveillance security, data analysis for smart cultivation and consultation for the industrial hemp and legal medicinal cannabis. Our wireless agricultural smart sensor networks offer precision to the agriculture, irrigation systems, and greenhouses for the global cannabis and hemp industry. FutureWorld and its subsidiaries do not grow, distribute or sell marijuana.
To request further information about FutureWorld, please email us at info@futureworldcorp.com, log onto our website at http://www.futureworldcorp.com or visit us at our Facebook page facebook.com/futureworldenergy or on Twitter @futureworldinc.
Could an unknown short squeeze been a major cause of the recent chaos in the FWDG PPS...causing it to rise, quickly, and then to fall, quickly, the way that it did? Here is a possible time line and some numbers to chew on...
date vol short H L close short vol reg vol
Apr 17 31.58% 0.006 0.0032 0.0033 23,377,407 74,024,378
Apr 16 32.37% 0.0086 0.0045 0.0047 37,840,685 116,916,165
Apr 15 33.09% 0.0068 0.0035 0.0061 35,888,128 108,459,495
Apr 14 39.04% 0.00455 0.0029 0.00345 26,446,091 67,734,348
Apr 13 23.73% 0.0024 0.0021 0.0024 2,027,600 8,544,300
123M shorted shares the last 4 trading days;
368M shares traded;
34% shorted shares of the 368M shares traded;
10M more shares showing up on the bid side over the ask side the last 2 days;
Observe the Highs, lows, and close for the last 3 days to see if there are any patterns;
13th PPS closed at .0024;
14th started the pattern;
14th PPS gapped up and opened at .0033 and closed at .0034 - someone must have known something...MMs, shorts, hence, why the sudden 8 fold increase in overall volume, and 13X increase in shorted shares from 2M to 27M...as the PR would not be posted for another 4 hours; This possible release of information could be a serious problem with the SEC;
14th PR about the record date and dividend rate at 1:43 PM;
14th some were probably buying shares for the dividend to account for the 8X rise in volume(68M) from 13th (9M)...probably the last 2 hours of trading after the PR - some shorts might have also started to cover on the 14th, as well...which could account for the 8X increase in volume; it could have also been people buying in to the PR;
14th I believe volume was 3M more buys than sells...nothing dramatic, either way to arouse any suspicion, one way or the other;
15th open .0037...high was .0068 close .0061 - volume I believe was plus 10M more for the buys vs the sells of the 109M shares traded;
15th believe shorts were is panic mode, and that many were covering during this volume surge that took the PPS up to .0068;
16th open .0063 high was .0086 close .0047 (ouch) with 117M shares traded...10M more shares on the sell than the buy;
16th believe that the Bears/shorts had pretty much covered, and caused the reversal and seized the control of the PPS and began to once again short the stock;
16th believe that it was about this time when the confusion and arguments about the dividend date was being hammered constantly into the present long shareholders...and also negatively influencing, and possibly causing doubt in potential new investors that could have kept the PPS propped up;
16th it also was about this time that another board was promoting a R/S for FWDG, which also cooled the Bull flames;
16th it was during this time that VFIN began sitting on the ask with his 10,000 share ask, and he just stifled any bullish movement, obviously frustrating present shareholders; Was this manipulation to turn away any bullish moves, or could there have been some diluting/dumping on the part of FWDG or Debenture holders? Better minds have to answer these questions;
17th open at .0046 high of .006 closed at .0033, which brought the PPS back down to .0033 where the run had begun on the 15th;
16th believe shorts and shorting organizations began another heavy shorting attack on the PPS when the PPS stalled and began reversing at .0086, which carried through Friday the 17th;
20th which would mean that there should be at least 61M shares shorted on the 16th and 17th, which represents 32% of the total shares traded on the 16th and 17th, bringing forward to trading on the 20th;
I am sure that there are probably more shares shorted, and we do not know how many shares are "naked shorted" by the MMs, which could also account for the weird bouncing around of the PPS, and the manipulation that was observed on level 2;
Also, a bit of information that might pertain to FWDG's present dividend situation and short selling, and a possible "short squeeze";
The risks of selling short
When you’re short common stock, you face several different kinds of risk. First, you have market risk, which simply means the stock price may increase and work to your detriment. You are also at risk of the company taking a corporate action while you are short the stock. This could be something simple like declaring a dividend will be paid, or more complex, like spinning off a company or issuing warrants. Either way, this is something that could cause your account significant pain if ignored.
•Market risk - Because there is no limit on how high a stock can go, the market risk you face as a short seller is potentially unlimited. The higher the stock price goes, the more pain you feel.
•Dividend risk - The risk of corporate actions is just as serious. When a company decides it will pay a dividend, it declares a "record date." The record date is when the company “takes attendance” of all the shareholders who can receive the dividend. Once the record date is established, the "ex-dividend date” ("ex-date") is usually set for two business days prior to the record date.
NOTE: one might conclude that the questionable dates for execution of these dates, that the concern for a huge short squeeze as a result of some unknowns that could have blown the PPS up in the face of the shorters, along with the sudden straight up movement of the PPS...along with the record volume...and, this caused a lot of the volatility and questionable activity that was seen in the PPS;
Here’s the kicker for short sellers: if you are short the stock at the market close the day before the ex-date, you will owe the dividend - meaning, it will be deducted from your trading account and paid to the owner of the shares. When shorting 100 shares with a dividend of only a few cents per share, this may not seem worth mentioning. But if you short thousands of shares with even small dividends, this can rack up some big losses for you in a hurry.
•Spinoff risk - In the case of more complex events, like a spinoff or issuing warrants, the potential losses can mount even more quickly. Even though you shorted one security to begin with, you could actually become short two securities (or possibly more) at the same time. What’s more, both pieces could move against you. For example, if you were short Altria when the company spun off Kraft back in 2007, all of a sudden you would’ve found yourself short both of these firms and your trade suddenly became more complex to manage.
Just some thoughts, and trying to put a time line to the crazy, crazy things that went on over the last 3 days of trading in FWDG. Just trying to logically deduct what might have happened. I am not nearly experienced as many in this forum, but my gut told me that "there's something awful wrong here." JMHO, of course, FWIW
For those that are in denial about any kind of business relationship with FWDG ever existing...even though it was mentioned previously by the ERBB management...this is what is mentioned on the FWDG sticky board by one of their moderators...another walk down memory lane...
I guess the next logical question might be...why was there a business relationship with FWDG, with information about it posted on both IHUB inboxes, with pictures and all, and only FWDG is willing to acknowledge any kind of agreement between them? Hmmmm...inquiring minds want to know...
"It has been stated the intent is to keep developing in different areas of the MJ industry as opportunity arises. One possibility might be a new subsidiary developed around the CaNNaBoX concept which they have an agreement with American Green to develop."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112867393 AJMHO, of course, FWIW
The actual difference between the sells and buys yesterday and today is only 18 million shares more sells than buys (10M yesterday and 8M today.
Not exactly a blowout scenario... There were other forces at work, and this was not a major sell off...just masterful short covering effort, and market manipulation by the MMs... JMHO
HEY Prodigy...SHAKE YOURSELF, MAN...If you haven't sold...you haven't lost... FWDG does look like it has some things going for it, but the whole industry is at the bottom.
Even a blind squirrel can find an acorn, if he scratches long enough... So can the management of FWDG.
I entered to quickly and did not do as much DD as I should have, but thought that it would be OK to take a small position...
You are a savvy investor, and I have gotten some good insight and knowledge from you...as well as others. This is a pretty good board for sharing...
I just wish there were less predictions being made...most of which did not come close to coming true.
I put my trust in God, for He is the one that gives me the ability to prosper, not in to a stock market that wreaks of illegal/criminal behavior...
Hang in there, as what was meant for bad can turn out to be good... I would have thought that if the company had anything of substance they would have come out with it first thing this morning...
Let's hope and pray that a real run will start Monday... Have a good weekend... JMHO, of course, FWIW
You are correct..."Men will be lovers of themselves"...they will be selfish, self-centered, and only caring about themselves...
Maybe some good can come from this next week... jmho
Gave all the gains back since Monday...
Why would the owner of the company allow this to happen when he owns 80% of the OS in the company? Why not sell shares at .01 instead of .0025? Does not make a lot of sense... But, I am new to investing... JMHO
We are about to officially blow past the bottom last resistance...thus, making this a pump and dump, it would seem... Hope I am wrong... Could be have been had... JMHO
Shorts and MMs covering what's left of that 100 million shares that were shorted the previous 3 days...surely they would not want to be holding if this thing were to be legitimate, and blow up on them... Besides, the shorts/bears rule the penny stocks... IMHO
Still more buys than sells, and that does not sound like a sell off...it sounds like home cooking...
BREAKING: President Obama Declares Full Support For Medical Marijuana
By Steve Elliott — President Barack Obama will state his full support for medical marijuana in a CNN special to be aired on Sunday.
The TV special, “Weed 3,” features CNN chief medical correspondent Dr. Sanjay Gupta, a neurosurgeon who changed his mind and began supporting medicinal cannabis after reviewing the evidence, reports Jonah Bennett at The Daily Caller.
The third installment of “Weed” has Dr. Gupta delving into the politics of medical marijuana research, including an interview with President Obama. In addition to supporting medicinal cannabis, the President advocates for alternative models of drug abuse treatment which don’t involve imprisonment.
The President had previously predicted that more states will legalize recreational cannabis, and has confirmed that although marijuana is still illegal under federal law, the feds won’t interfere as states implement legalization.
Gupta and Obama briefly discussed the recent bill on the Senate floor introduced by Democratic Senator Cory Booker of New Jersey. The bill would reschedule cannabis from Schedule I to Schedule II under federal law. Gupta asked if Obama supports Booker’s bill.
“You know, I think I’d have to take a look at the details, but I’m on record as saying that not only do I think carefully prescribed medical use of marijuana may in fact be appropriate and we should follow the science as opposed to ideology on this issue, but I’m also on record as saying that the more we treat some of these issues related to drug abuse from a public health model and not just from an incarceration model, the better off we’re going to be,” the President responded.
Obama pointed to declining usage rates of tobacco among American teens as an example of how effective public health education models can be — all without the threat of jail sentences.
“You know, one of the great victories of this country has been our ability to reduce incidences of smoking, increase the incidences of seat belt use,” Obama said to Gupta. “You know, we save tens of thousands, hundreds of thousands of lives every single year.
“We didn’t throw anybody in jail; we just made sure that they were well-informed and if somebody has an addiction, we made sure that we made it easy for them to get help,” Obama said.
In late February, Obama pointed out that states have the option of discouraging marijuana in the same way public health models have reduced tobacco use – through education as opposed to a punitive approach which incarcerates nonviolent drug offenders.
“If the President means what he says about following science, then there’s no question he should support legislation to move marijuana out of Schedule I, a category that’s supposed to be reserved for substances with no medical value,” said Tom Angell, chairman of the Marijuana Majority.
http://naturalrevolution.org/breaking-president-obama-declares-full-support-for-medical-marijuana/ AJMHO
My bad...I have only been here a few days, and I was assuming that those that were talking about a "blue sky" break out were speaking factually. And, as a matter of fact, I did not know the full definition of what "blue sky break out" meant...thank you for clarifying that for me...I appreciate it...
All this being said, maybe this present FWDG situation be summed up by that Al Pacino movie statement wherein he stated that "there's something awful wrong here?" LOL JMHO
Agree...and a complaint should be filed with the SEC to investigate how the MMs stopped a "blue sky" break-out that was already in progress...
There is NO telling how far the PPS could have run in FWDG, had it been left to move on its own, and not be stopped...and reversed by the MMs, shorting organizations, hedge funds, etc.
16% drop in PPS even when the buys are 22M and the sells are 18M...
The whole investment community is watching FWDG, waiting to jump in, but, the bearish groups, including the MMs, will not deter from their criminal intent... JMHO, of course, FWIW
Probably NOT going to be many buyers until VFIN has finished his work...
VFIN will stay at the $.0044 PPS until the shorts that are probably being allowed to cover on the bid, which, by the way, further creates panic with antsy long shareholders, as, all they can see is the PPS being driven down, methodically, by red numbers...on short volume...with the exception of the large short coverings and/or dumps.
NOTE: if this is a dump, it is a good one, as they are deliberately dumping uneven numbers, and not the usual large block rounded off numbers...
So, now, ETRF has jumped ahead of VFIN on the ask with a large 1.425 M share offer...head fake...or is he participating in the rape of the FWDG PPS? LOL
The buys still outnumber the sells by 20 Million to 15 Million, so, this appears to be strictly manipulation. But, how, and when are the Bulls going to rush in and/or break this MM/shorters stranglehold?
Any kind of bullish movement, or momentum, in FWDG will slow down to a crawl, with only small fry buying small numbers of shares until this raping subsides... JMHO, of course, FWIW
Good Ole VFIN to the rescue of the shorts and/or dumpers... LOL
Any doubt as to the work being done by VFIN, with his forever 10K offer on the ask? Some large numbers on the bid, as He is doing what he is paid to do.
A bunch of shares dumped or covered on the bid at $.0042 range...
Also, let's see how many large share number buys before VFIN has to relinquish from the obviously embarrassing manipulation for his clients... JMHO
I have heard that there are two schools of thought when locking up your shares to protect against the MMs from naked shorting them...
The first one is the one that most mention, which is to put a extremely high and unreasonable sell price on the shares...which is OK, but I have found that the second one seems to make more sense...
Which is, for example, if the PPS of FWDG is .005 then place a sell order in at say .03 - .05 cents. The logic behind this sell price is that:
It is reasonable and it makes the broker think about whether this is a legitimate sell price that will cause him to think about issuing a margin call, when the normal margin call threshold of 30% - 40% above the short position has been reached and/or breached.
When the high number is placed on the sell price, the broker just blows it off, as he knows that the number is not a realistic number and can not be reached, and therefore it is not a threat to him having to make a decision to margin call the shorter when the margin call threshold has been reached...he is confident and can just let the short position ride;
At the $.03 - $.05 sell price lock up, the sphincter could tighten a bit, and cause some uneasiness about whether to margin call the short...as this is a realistic and quickly reachable sell price, that could occur as a result of many market situations, etc.;
A different note about the volume...the buys are 16 million shares and the sells are 10 million shares, which does not seem to equate to the PPS that is 5% in the red... Maybe some can explain how things like this can be happening yesterday and today... AJMHO, of course, FWIW
"You shall know the truth, and the truth shall set you free."
$.034
WOW...down 20% on just 3.2 million shares traded... LOL No stock should drop that much on such small volume... There appears to be a serious agenda going on right before our eyes in FWDG... JMHO
BUT...there was only 10M share difference between the sells and buys, which should not have caused the chaos that we saw...
It appears that Investors were had yesterday by the MMs, and the shorts...plain and simple. Just making some observations...
Ten million more shares sold on the bid and/or dumped should not have caused the kind of small volume selling that we saw...
The Market Manipulators allowed the shorts to stall a bullish run that was already in to "blue sky" territory, and that is what was amazing to watch. There was NO upward resistance, and, yet, we all see the end result sitting at .0045 instead of the FWDG PPS being in penny land.
Now, there can be a much greater "naked short" position held by the MMs, and they simply could not, nor would not allow the PPS to cause the short squeeze that was inevitable. That short squeeze should still be in play today...
The MMs could have made a lot of money selling into that blue sky, but, for whatever reasons, they found it more profitable to feed and fuel the shorts that were about to have to cover. MMs...making a market in FWDG...OR, MANIPULATING A MARKET???
Another 32% shares shorted yesterday, which sets up the same kind of scenario that we have seen for the past 3 trading days...let's see if that blue sky can be seen again, today, as the bulls rushed in yesterday...and they got slaughtered by the bears that had better weapons, and more of them...
http://otcshortreport.com/index.php?index=fwdg&action=view#.VTBdd1J0xdg
The average shorted share percentage has been 35% for the last 3 trading days, which is about the time that the PPS has been running...
The number of shares shorted during these 3 days have totaled 100,000,000 with approximately 300 million shares being traded during this 3 day period.
The volume has been about 50/50, with the exception of today when there were about 10 million shares more on the sell side than the buy side...
It appears that the bears strategically targeted the major levels of support and hit it with a concentrated large number of shares, which basically bought out the position and caused the PPS to fall to the next level of support and they did the same thing...
Some of the volume could be displaced as some shorters could have been allowed to cover on the bid side, just as any other investor can do, thus possibly skewing the numbers a bit.
There also were probably some shorters that hedged their short position by buying a comparable amount of shares to offset a short position and possibly soften any cover that they might have to endure.
Here is a very important short video explaining exactly how the shorts use the MMs to manipulate and CONTROL the environment in favor of the shorts...
NOW, don't you think that investors need to understand how that R/S will actually work...and how that $3 PPS, can, and will, disappear within the first 15 minutes of trading, as with a great majority of stocks that have these kinds of scenarios have done in the past???
This is primarily how R/S companies or dividend shares present a false sense of security and/or profit, as that $3 PPS will not be there for the little guys...history bears me out... AJMHO, of course, FWIW
The future is now for FWDG...it is time for this lull to subside...and reverse itself... JMHO, of course, FWIW
"Wisdom is glorified in the Market Place; She raises her voice in the streets."
Lots of really small sells that have been used to manipulate the PPS by the MMs (Market Manipulators)...
Check out the trades on IHUB and you can really see what is going on with the low volume... The MMs are getting close to putting the shorters/bears back into the drivers seat, and giving them control over the PPS... The Bulls need to step up big time, if this thing is going to continue upward... This move has caused some panic, and the mouth pieces have shown up quickly to attack... JMHO, of course, FWIW
http://ih.advfn.com/stock-market/USOTC/FWDG/trades?trade_set=recent
Actually, there are 42 million shares bought and 39 million sold for the day...same kind of balance we saw yesterday...
If the short is that big, then we might be witnessing the MMs scrambling, jerking the PPS down low, for NO obvious reason but to cover their own shorts, and the shorts of their clients...I would think...
It could appear that the shorting organizations have teamed up to pump this thing up and buy to run the PPS up, and then shorted it on the way down...but the volume has not shown a dramatic change... Time will tell... JMHO, of course, FWIW
Someone asked a couple days ago about a possible relationship with ERBB and FWDG...Scroll down about half way on this site stickies and you will see a picture of the Zaazz machine being promoted as selling the FWDG test kits from one of their companies in them...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112792458
Also, as this partner company...??? is on fire this week, as a direct result of providing dividends and shares, it might be a good blue print for ERBB to consider to jump start the company, and the PPS...ESPECIALLY when ERBB has about 50,000 more registered shareholders than FWDG... Just some thoughts...suggestions... JMHO, of course,
FWIW
Short position was 33% today and 39% Tuesday... But, one would think that only a fool would play Russian Roulette with the kind of volatility seen the last couple of days with the volume of 110 million shares surpassing the float of 84 million.
With all the volatility and PPS movement, is it not interesting that the buys to sells were 54 million to 51 million?
We also know that the shorts are allowed to cover their positions by buying the shares back on the bid...just like regular investors are allowed to buy on the bid, and sometimes sell on the ask...all dependent, of course, on the MMs, as they will allow one to buy on the bid, if they already know that they are going to take the PPS lower, and they also will allow someone to sell on the ask, if they know that they have already determined that they are going to run the PPS higher... AJMHO, of course, FWIW
http://otcshortreport.com/index.php?index=FWDG&action=view#.VS8-KVJ0xdg
39% shorted shares yesterday in FWDG...
http://otcshortreport.com/index.php?index=fwdg&action=view#.VS5rSFJ0xdg
Wonder why FWDG NO longer shows up on the ERBB board stickied items...
Looks like it is just one of the several business partners that WERE...then, out of thin air...they WERE NOT...abracadabra
I guess there are some reasons why my previous question was not answered... Hmmm...let me speculate...and shall we walk down memory lane...AGAIN?
No one wants to open up that can of worms;
FWDG, like USEI, ATTBF, METD, and other previous, strategic allies, have served their purposes for ERBB...NOW, lets move on;
Everyone has short memories, and does not recall that we, at one time, partnered with FWDG...and a host of other strategic partners;
No one wants to distract from the mini-pump that is going on right now...the hype before the ruling;
No one wants to hear the truth...they just want to get the PPS high enough to dump their shares, break even, or make a little cash for having their money tied up for months; partnerships...what previous strategic partnerships?...I do not see anything mentioned or posted on the IHUB message board;
How dare a poster walk down memory lane when others have agendas;
Everyone has me on ignore; LOL
Everyone is in the boat with ERBB, all 57,000 investors;
I know, I cannot speak about it, or say anything that is perceived to be negative...as that is not the way that the game is played; AJMHO, of course, FWIW...as I continue to walk down memory lane...
Any one know what is going on with FWDG...it gapped up this morning, and is up 33%?
Does ERBB still have a partnership with them?
We might be seeing some investors taking a profit from their previous investment, or to avoid a loss right now...possibly out of panic... Not much support at these levels to hold up the PPS... IMHO
Hey Brother...ERBB can work...
Check this out for a natural cure for diabetes...lot of good things going on in this field...that is natural with NO side effects...
http://www.drwhitaker.com/search/go?w=glucose%20essentials
May the Lord bless you in ALL that you set your hand to...
ALL to hold the interest a little longer to get ERBB to their R/S due date one might suspect...
I am still hopeful that it is not a scam, and that the scenario is just an ex taxi cab driver...in over his head...learning on the job...maybe getting better...wherein I will suspect things, but keep hoping that the "blind squirrel will find an acorn, if he scratches long enough."
Maybe if AG throws enough stuff on the wall some of it will stick...
You, and others are far more qualified to make the assumptions that you do...than I am.
For me, when Shearin came out with the One Bode and the water screw-ups that cost shareholders $5.2 million dollars in lost assets, that was a major red flag. One has to be completely incompetent to make those kind of business deals/mistakes, or one had to have planned them all along.
Either way, it was a back breaker for the company. Add to it the other long list of things that have been screwed up and we all might have to bring our own KY to the dance...
But, I really am an optimist, even though I am a researcher that seeks the truth, and I am hopeful that Stephen can pull a rabbit out of his hat, through a couple of the other companies that are making money... Maybe that is where my gut feel tells me that a PR might be coming with some news...
At this juncture it appears that ERBB is an "all or nothing" company. They are either going to go belly up, or they are going to turn it around and catch up to the hype that they initially enjoyed before reality set in... AJMHO, of course, FWIW
AG management could say that "we have found the enemy, and the enemy is US."
We are in agreement about the root, foundational cause of the ERBB PPS...
Any investor, with an IQ of one above plant life, should be able to SEE the things that you have listed, as major factors in the suppression of MJ stocks.
These same investors should also be able to SEE some of the real issues that have caused ERBB's fall from grace. Some of them, off the top of my head are:
Right from the top...questionable management, many of which have questionable business backgrounds, some being involved in some possible shady dealings in the past;
Management that pizzed away $5 million dollars from the bottom line ($3.5 million with One Bode and $1.7 million with the water system). That's a lot of bottom line that could have added a lot of credibility to AG, Shearin, Jacobs, and Gwyther, etc...if they are all still involved, and to creating confidence with investors...but it failed as a result of the $5.2 million dollar blunder. OR, was it all in a Grander Plan?
Now, let's assume that these two deals were actual deals, and not just some off the wall opportunity for the management team of a penny stock company to make up some bogus deal/partnerships, that they later knew they would have to explain away.
Remember the Zaazz machines, the thousand promised, then 100, and look where they are now...
Let's also assume that AG did not do the above for the purpose of deceiving the electorate/investors into buying the stock, which brought 57,000 investors that caused the PPS to run to $.10 cents.
Let's also assume that AG was not profiting from this run up by selling some of the 4 billion shares that are Outstanding Shares, thus possibly making as much as $100 million dollars from the sale of some of those 4 billion shares;
Let's also assume that the AG CEO is telling the truth about convertible debentures, and that they are "friendlies", as Stephen has stated, which is not always a bad thing for companies that have to struggle to survive at times;
Let's further assume that a company that changes its name 8 times over a 15 year period of time is healthy, and that there are NO skeletons in the closet that could cause them to change the company name, and move to another sector. Some could question these moves for many reasons...and they are not all good;
Let's continue to assume that a company that already has a R/S in their past can be trusted when the CEO tells us that there are NO plans IN THE NEAR FUTURE for a R/S...especially when the stock PPS, 4 billion share bloated OS is screaming for it;
Continuing to walk down memory lane, let's assume where the credibility of ERBB might be if JUST ONE of the promises that were made to investors, TV audiences, etc., had come true...and when it was promised.
Many questionable business deals made with partners that have sub penny PPS value, whose shares trade very low volume. Is our walk down memory lane refreshing our memories?
Are we beginning to realize that "if it walks like a duck, quacks, has feathers, likes water, and flies south for the winter, then it's NOT a water buffalo."
Sooo many questions...too few answers...sooo much smoke being blown at investors...who to believe...can we trust the message board talking heads...they seem like really knowledgeable people...and they have been to the company, met with the management, even the board of directors...and they have done their DD, etc.
How many feel a PR in your gut is coming soon? Will it be one of substance that will allow so many investors that are trapped to have an escape route? OR...will it just be another long, slow, frustrating walk down memory lane? AJMHO, of course, with a little humor thrown in, FWIW...
First of all, I am not acting "as if" anything...I was just using your own words to either validate, or invalidate your written words...in my own eyes.
I was creating hypothetical questions in direct response to your comments...from my own perspective.
With all your previous dialog, back and forth with several members of this forum, often times laughing at them and publically scolding them for their beliefs of Market Maker Manipulation, my questions were directed at what I perceived as a major contradiction to your previous stand discrediting any MM Manipulation, and dismissing those that might believe that way as nuts. Of course, I could be wrong...
I perceived in your statement that you were acknowledging that the views of others had some validity, in your own words, "Yes MMs have manipulative devices to prevent stocks from moving uncontrollably."...which, to some, could be perceived as contradicting your own previous stated beliefs.
You stated "I've never had a single problem buying or selling ERBB, therefore I'm not ready to call for MM manipulation."...but, did you not state above the exact opposite, when you said "MMs have manipulative devices to prevent stocks from moving uncontrollably?" Just because you have not had a single problem buying or selling ERBB does not mean that others have not.
You responded back to my message, which was a comment about your previous message that was deleted...which I could not understand why...as I thought that it was well written and expressive.
I am not trying to get into a dialog with you about any of this. I respect your opinion, even when you have put down the well thought out, and, in some instances, the well-documented and researched information validating the views opposite or yours. AJMHO, of course, FWIW
In response to your statement that "Yes MMs have manipulative devices to prevent stocks from moving uncontrollably."
Why should MMs have manipulative devices to prevent stocks from moving uncontrollably? There appears to be NO MM manipulative controls whenever the shorting is going on, and the company is being driven out of business by the heavy shorting. I rephrase that, as they do, at times, slow the out of control aggressive shorting and/or dumping of shares to not cause confusion and panic.
Then, why are the MMs allowed to use whatever manipulative devices at their disposal to prevent stocks from moving uncontrollably UPWARD?
Why do the MMs have to assert their authority and put the brakes on a stock PPS...especially if the buyers continue to buy, which will cause the PPS to continue to climb?
Why does a middle man, a regulator, be needed, as the buying and selling of a stock should dictate the end result?
If investors want to continue to chase a PPS as it moves higher, and continue to buy it, why not let the market/investors determine what the PPS level should be?
If investors are willing to pay $100 PPS for ERBB, or an outright scam stock company, then, why shouldn't it be allowed?
Also, why does a third party have to say NO...I am going to stall this upward movement/PPS and let you buy it at a lesser price...aren't I, the MM, such a good guy? LOL
Oh, I know, the MMs have a heart, are concerned, and do not want to make investors pay more than what the value of the stock is worth...choosing to put a limit on the ability of bullish investors to strategically move the PPS higher. Inquiring minds want to know!!! AJMHO, of course, FWIW