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The news article released really emphasizes how efficient Tweed is as a company. Already transporting plants to the new facility and expecting their first crops to be ready by the end of the year. I am excited to be on the ground floor investment of this industries leader. Good things happening and good things coming.
Dead volume today. Pretty quiet after fantastic news but it's all part of the puzzle coming together. I hope we see a nice push up by end of year by the markets. It's all about the volume at this point.
It is seriously impressive how strong their PR and marketing is and continues to become. Very professional and enthused.
The green rush bubble popped and lots of investors are terrified of MJ stocks. It's all cyclical though.
This time last year I was doing badly on my MJ plays, then the end of year 2013 -> start of year 2014 Green rush started.
Right now the market is quiet about MJ. The sector needs another catalyst.
Tweed posting great Q2 earnings could help that.
Policy shifts in the States can help that.
We just need to be patient and it will undoubtedly be rewarded.
Long investors know the future is happening now, the west is not going to turn back on MJ.
I received the reply this morning fellow longs: Good morning XXXXXXXX:
I would like to direct you to a very exciting press release that was issued this morning, announcing our license approval for the Niagara on the Lake facility. www.newswire.ca/en/releases/archive/August2014/11/c1047.html
We will have our Q2 financials posted to SEDAR by the end of the month.
Kind Regards,
Laura Norris
Media + Communications Manager
laura@tweed.com | 855.558.9333 xXXX
Pulling up opinion pieces two(2) months old is a sign of desperation on their part.
Negative Nancy's will continue to attempt to drive the price down for their own gain.
There is zero reason for a person to come to a message board that caters to investors of a particular company if you are not interested in investing in said company.
The news for Tweed keeps getting better longs. Soon the PPS will follow.
Wonderful news fellow longs. This is setting up Tweed for great success.
Those are follow up questions based on their response. The PR mentioned the license and there may be restriction or limitations that people outside of the industry are unaware of.
Investor Relations as not yet responded to my e-mail. If I do not receive a response by Monday morning I will send a follow up e-mail.
For reference here is the e-mail I sent yesterday:
Good day and thank you in advance for taking the time to read and respond to this e-mail.
1. Is the acquisition dependent on *Prime1 acquiring their MMPR (Marijuana for Medical Purposes) license?
2. If it is not contingent to *Prime1 acquiring their license, is any part of the deal contingent to it? The press release alluded to milestones that would need to be reached.
3. Is there a time table to completing the acquisition?
4. Is there a release date for the upcoming quarterly filing?
Thank you again for your time, I look forward to seeing Tweed grow in the years to come, along with my investment.
Email sent, waiting on reply.
Trying to recall the source of that information. Having a hard time finding it. I'll keep looking. Perhaps it was part of the 'milestones' that was alluded too. As in, Tweed will buy the property with the cash but will not pay out the shares until the license is acquired. If I can't find it I'll just contact investor relations.
The deal is contingent on their appropriation of a license. No license, no deal.
It will be interesting to see how the competition does as they enter the public domain in the next few weeks to months. The big win for Tweed is that it was first to market in growing, selling, and expanding. It's always good to diversify regardless. As has been stated earlier on the boards, I suspect we will see consolidation of the sector in the years to come. I wonder if we will see another green rush in the market in 2014.
Glad to see more of the truth coming to light. I'm especially pleased by Moneyrunners getting hit by the SEC. I hope, in time, Growlife will be able to flourish again. I still have my fluff shares in here but admittedly it's nowhere near as much as I used to have as a total holding.
Up on average volume today. Wait till we have double and triple volume days on the way up. So long as this company and its leaders keep making all the right moves there is no reason we can't see double digit PPS in 2014.
We will have lots to discuss when the second Q filings are filled.
The PPS action Tweed takes here until Financials is all relative. Up or down, if you are a year + long, won't matter. My focus for Tweed is what Q2 will show. Operating expenses, margins on what was sold, and guidance. Revenue and profits, if any, don't concern me this Q. I've stayed fairly liquid this summer, I can buy more if I deem it necessary to average down.
As always, don't get caught up with emotion and day to day trading. Up 10% down 10% doesn't matter unless you are looking to flip.
Today is higher, you are correct. Which is why, respectively, we have a massive drop. I wish I could find the float, not sure why I'm having a hard time finding it. In the end my statement stands, you are either patient or you are not. Fundamentally nothing but good things have happened and seem to be happening within the company. The stock =/= the company sometimes.
Yes, it's on downtrend. So?
Were you flipping the stock for short term gains? If so, then I'm sorry you are thinking of or actually taking a loss. That sucks and I hope you get your opportunity to get some gains soon.
Are you holding for years to come? Relax. Be patient. Buy more to average down if you can.
Are you diversified? Yes - Good job. No - Basic Investing, diversify your portfolio. There is no such thing as a sure investment.
Everyone is asking about why it continues to fall down in price, no news is good news in this case. Look at the volume, it's low to almost dead. Easily driven down.
Stop listening to people who say things that either have no evidence or no relevance. Going to 1.00 or going to 100.00 isn't an investment strategy and isn't worth the 1's and 0's it was typed on.
Yes it's scary to see a negative on your account. Yes, it's scary to see down 6% days seemingly for no reason. Don't let emotion drive your investment strategy. If you did your Due Diligence and are a long planning for years to come (relative to the current information), then take a deep breath and wait for Q2 numbers to see the direction of the company.
It makes no difference to me personally if you buy or sell. This stock won't go up or down based on ihub. I just don't like sociopathic fear mongers and baseless, equally harmful, cheerleaders. Keep a level head.
I'll keep my shares until I see evidence that tells me otherwise. Will I flip some to get cheaper shares? Sure. Will I keep my core? Absolutely.
This time last year I was down on most all my MJ stocks, some by 30%. Then the hype train started again in Dec 2013 and went on to epic scales for the following months. This is an emerging sector that is heavily driven by hype and sector news. Right now it's quiet and the sector is in fear mode. It will change. I will not predict when, but I have no doubt it will. When it does, thanks in part to hype, the low float, low cap, and only public MJ licensed and selling, this will fly up fast. This board is driven by fear mongers and hype bots. Study the company, follow the news, and keep focused on fundamentals.
Purchased more here. This is all low volume trading and manipulation. News trumps all.
Even when their magic ball predictions don't come true they won't go away.
The only way to help stop their gibberish is to ignore them.
Yes, I do. I have verified with several brokers this is how you trade Tweed in the U.S. without an international account.
You're absolutely right. If you noticed also, our biggest issue as far as the stock itself is concerned is volume. Easily swayed either direction. Serious volume will make this skyrocket fast.
Good news is always nice to have, but the sort of news being presented isn't of the financial type. There is lots of "could" "may" "wants" ext.
From my experience it takes a solid Q with media and market attention to begin a solid up trend. If you add excitement in a speculative market then you get insanity and unrealistic market caps. It's awesome that we are building a base here for when the market starts to love MJ plays again.
We are seeing the sector getting cleaned up and we will likely start to see consolidation from the legit players. Tweed will make longs very happy in short order.
I doubt it will take long. People are willing to pay higher prices for better product. When I was in college I purchased the 10 dollar handle of bad Vodka because that was all I could reasonably afford. 10 years later I would never touch the stuff and only drink high quality whiskey. The same reasoning would apply here especially because it's grown for medicinal purposes, you don't cheap out.
I continue to be impressed with Tweed and look forward to what the future holds for this newborn company.
I forgot to put you on ignore on my weekend account. Thanks for the reminder.
You have nothing to contribute and have never offered anything but lies, misleading information, and seemingly sociopathic behavior.
I could offer various opinions on the market cap but the point is moot if we all agree that a buyout scenario is, at the very least, unlikely. As a moderator said, this is a TWEED board and not an F!TX board. I understand the basis of your argument, I have simply stated with various reasons listed on my other posts that the idea of F!TX buying Tweed is not based in reality.
You offer that they could increase their A/S and use it to buy out Tweed. Allow me to point out that in that scenario Tweed would have to agree to sell the company for OTC (Not even OTCBB) shares in a market exchange that has the SEC on a suspension rampage. Such a deal traditionally has selling limits placed to the acquirer of such shares. Would you accept such a deal? I can't think of a scenario given the current and public information that I would accept such a deal.
Again, and I don't mean to sound rude, this idea is not based in reality.
They try to buy a company with one. The price of doing so however is completely unrealistic. They do not have the means to do so, they are already deeply in debt and getting more equity, enough to match Market Cap + The value of having a license + Brand valuation + The value of said company already producing and shipping product + the value of an already established customer base. It just wouldn't be possible with their cash flow and stock holdings. I'm willing to go out on a limb and even say that I doubt any company who has their license is willing to sell it, it's way too valuable right now.
Thank you for the posted update.
Completely agree. I doubt management even wants an offer yet.
They are clearly building a brand and brand recognition is often valued much higher than a companies actual revenue.
There is no way any company in this space can afford the companies market cap and brand valuation, much less F!TX. They have been bleeding millions to get the product up and running.
I just checked several sources, nothing about a delay. Quite the opposite in-fact.
Are you lying or do you have a source for your claim?
Makes sense, thank you for adding clarity.
See my other posts here on the subject (EngageFactor is my weekday handle), TWMJF is indeed how some brokers handle trading Tweed in the U.S.
It takes into account exchange rates and is a 1 for 1 trade. I'm sure Tweeds note that they are not involved with it could have been clearer. It's true though, the symbol was created by U.S. brokers to trade Tweed. I'm not exactly sure how the background specifics work but I've verified with both my brokers that this is indeed how I would trade Tweed for now.
Hey Global! Welcome to the Tweed club, good to see you here.
Good collection of information, thank you.
Still here, still waiting on FACTS. I have been following C@NN closely as well and can confirm that it has been stated by their investment relations that they will be trading in the PINK as soon as next week.
I will believe it when I see it, but I don't doubt it much. Not enough to put my money on it though. I'm using C@NN as a bell weather. We knew what happened with C@NN, we are still unsure why PHOT was halted. I hope we get more information before trading resumes so I can make an informed trade.
I doubt I will end up losing here either way. I purchased a majority of my shares sub .05. I suppose this is why I can be Vulcan like about the matter.
Investor100, thank you for your posts.
I suppose our usual suspect of 'bash' posters are still here because they need to cover their short positions and don't want sells to sell too high. I'm just guessing. It still boggles my mind why people go on any board just to trash a stock.
I like todays close. Closed above the 20MA and is keeping a nice accumulation going. See you next week GrowLife investors. Have a great weekend!
I'll continue my write up later.
There is a lot of noise now and I decided to just hit the gym and be with the family. At glance the filing looks neutral to me as far as expectations were concerned.
One note before I go:
G.I.F.T Transaction
On January 31, 2014, the Company signed its first GrowLife Infrastructure Financing Transaction (G.I.F.T.) with CMMS, Inc. (“CMMS”), an Aspen, Colorado based medicinal cannabis company. Per the terms of the G.I.F.T. agreement, the Company has agreed to finance $280,000 of equipment, to be purchased from the Company, over a term of 5.5 years (66 months), with monthly payments in the amount of $6,878 beginning in month seven and ending in month sixty-six. This G.I.F.T. agreement was personally guaranteed by the President of CMMS.
Quick and dirty: Partly making notes for myself too.
Revenue Q3 to Q4 = Up 598,912 (Good)
Cost of Goods sold = Up 706,035 (Neutral, why did the costs jump?)
Gross Profit = Down 107,123 (Bad, GrowLife is making less off sales)
* This is probably due to the decrease in prices of their products and increase of production.
General and Administrative = Up 169,678 (Neutral)
Share based compensation = Down 131,932 (Neutral towards good)
-+-Stock Option Expense = New expense at 148,633
-+-Warrant expense = New expense at 6,765,000
Loss from operations = Up by 7,058,502
* Take away the new expenses which are made up of stock related expenses and you come up with a loss of 1,172,880 which is a difference of up 144,869 from the previous quarter. (Neutral)
Other Income Expenses
Impairment of Goodwill and Intangible assets is new and I'm curious as to why this is being reported now. Perhaps I'll learn more as I go through.
Loss on extinguishment of debt is fine.
Change in fair value of derivative - I need to look into this more as I go through the filing. It's much larger than ever reported.
Other income, no major change.
Interest expense, net is huge compares to other filings. This needs to be looked into more.
Share basic and dilution, up 78,113,951 (Good, keeps going down every quarter) No concern here.
There are some items I need to look closer on before I form an opinion on the filing.