Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Considering the magnitude of this project I would think that to be correct.. i was impressed with the build out of their clone operation in Robles, but now 450 acres of it all? My mind is blown away by this LOL.. CRAZY
$LVVV
LOL...yeah, I’d have loved better timing as well..but I’m not sure that holding would would have helped any with the UpList. A drag, yes...but I feel it’s getting close..
It’s a requirement to do so, you may not care, but I can assure you the SEC does lol
Because the deal was just signed today... he shouldn’t hold news of this significance to being released, and it’s recorded on public records..
Dont worry Thumpa, there will be plenty of buying opportunities. LOL Summer is coming.. it could be another duldrum summer, or maybe this is the beginning of a massive run. Time will only tell.
But we already know Revs are coming in and only building, UpList should hopefully be coming by next month from what Bill said.
I will gladly wait and buy more myself as I can,
$LVVV
I understand Thumpa, but we also have to look at the company as a whole and what they are doing, and have going on. They may be a little more tight lipped than we like, but overall, its an exciting thing to watch if you look at everything they have accomplished so far.. Can it fail? Sure, but the reward to be had should they succeed would be astronomical for anyone on the ground floor now imo. LOTS of research, time, planning and money is invested here, and a top notch team assembled for success. but all things aside, we know what all they are in fact doing and it sure looks like to me LVVV is going to be a DOMINATING force to reckon with in due time.
Also, you have to look at what some of these other big MJ companies did as well, diluting MILLIONS UP MILLIONS of shares.. and look now, they are sitting in multi dollars now.. If some Canadian company can do it, why cant LVVV?
Win Or Lose, I am holding long.
$LVVV
Not sure Lmike, but its on the same Ranch as the operation they are building out.. It will all feed in together nicely, and with them already getting approval with Robles on that, the rest should be much easier now.. The amount of time and energy they put into getting this, (upwards of a year it took them) to get this, with planning, etc. I am more than sure its a GO from all aspects imo. Nobody is going to put up that much money for something without doing their homework first.
$LVVV
Uh oh, looks like someone sold their shares? LOL anyone that cannot see the potential here should sell and move on IMO
GLTU
$LVVV
This sits on the same ranch property, about a mile away from where they are building out the Clone Operation.
This is such big news for this company.. The potential here is INSANE.. BUY AND HOLD.. This is a BIL CAP operation and then some.
BOOM!!
$LVVV
Nice Find Ferr.. That is CRAZY HUGE, this ranch sits about 1 mile away from the new Robles location, = Great Feeder To this place. MAMMOTH!!
$LVVV
The Company will also establish a cannabis-based health and wellness retreat and provide educational and recreational experiences for shareholders, industry partners, local governments and State agencies.
Ohhh yeah, get me some wellness going! LOL
$LVVV
LiveWire Ergogenics Announces Purchase of 450-Acre Historic California Ranch Property to Develop Premier Cannabis Operation in California
May 23, 2019 16:41 ET | Source: LiveWire Ergogenics, Inc
Anaheim, CA, May 23, 2019 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC: LVVV) announced today that its subsidiary Estrella Ranch Partners, LLC has finalized the purchase of a historic ranch property in Paso Robles, the center of the renown California wine country. Under the terms of the Purchase Agreement the first phase of the transaction, the acquisition of 265 acres has been concluded and the Company has executed an exclusive option to acquire the remaining 185 acres at any time within a 12-month period.
The Company intends to transform this majestic property into the world’s first “Estate Grown Weedery”, and develop it into one of the largest, vertically integrated, high-end cannabis facilities and wellness retreats in California.
The property, once owned by George R. Hearst, the eldest grandson of the late William Randolph Hearst, will be managed by LiveWire Ergogenics and host essential cannabis cultivation, manufacturing and research facilities. In order to fully utilize this exquisite property, the Company will also establish a cannabis-based health and wellness retreat and provide educational and recreational experiences for shareholders, industry partners, local governments and State agencies. All escrow contingencies have been removed and the Company’s newly formed subsidiary, Estrella Ranch Partners, LLC took possession of the property on May 23, 2019. Estrella Ranch Partners has already commenced with the permit application process and will begin retrofitting existing structures and necessary buildouts as soon as possible.
Bill Hodson, CEO of LiveWire states, “This is by far the most significant milestone in our company’s development and possibly the most significant real estate acquisitions in the entire California cannabis industry. During the last twelve months, our management team, legal, environmental and architectural consulting firms have concluded the extensive due diligence process and confirmed the suitability of the property for the operation of our fully legal, “closed-loop” cannabis production facility. We have closed escrow on the first 260-acres for $6 million with an exclusive option to acquire the remaining 185-acres. Estrella Ranch is located on the Central Coast of California, midway between Los Angeles and San Francisco and just 30 minutes from the Pacific Ocean. We will immediately begin developing it into the center piece of our business model with the goal to develop it into a shining example for the entire cannabis industry, and Estrella Ranch branded products soon will be recognized as one of the finest in California. We would not have been able to achieve this without the continuing support of our loyal shareholders and I would like to take this opportunity to thank these shareholders for their support in our quest to become a major force in the wellness industry.”
LiveWire will consider partnerships, joint ventures, strategic alliances and create networking opportunities with the best operators in the cannabis industry, exploring the opportunities for those companies to operate on the Estrella Ranch-Estate Grown Weedery property, with the goal to create a cannabis production and retreat of unrivaled excellence in California. Operations will include cultivation, extraction, lab and research facilities complimented by luxury recreational opportunities. The Company is also considering growing hemp to take advantage of the sprawling acreage and beneficial topographical features of the property. This will add to the value of the company’s already awarded Minor Use Permit for its nursery in Paso Robles and the State-wide California distribution license granted by the California Bureau of Cannabis Control based in Coachella, California.
Third Party Operators Welcome
Over the past several months, LiveWire has been preparing its plan to develop one of the most exclusive, vertically integrated cannabis operations in California. The Company will enter into carefully selected strategic alliances and contract with select experienced and credible operators from different sectors of the cannabis and wellness industry. Operators will have to meet the high level of standards that LiveWire has established for all operations that want to operate a turnkey and fully legal cannabis production platform on this property. In addition, Estrella Ranch will also benefit from products produced in the Company’s nursery and its cloning operation in a separate location on the same property and in in Coachella, California, to expedite the start of production on the Ranch, according to the Company’s focus on “Best-in-Class” operations. The Company will strictly comply with all Federal, State and local laws and rigorously maintain the natural beauty and openness of the Paso Robles property and its surroundings.
Estrella Ranch – Historical Significance
Estrella Ranch has a longstanding history, once owned by George R. Hearst, the eldest grandson of the late William Randolph Hearst, is considered among the finest Ranches in California and the gem of the California Central Coast. The acquired property sits within a 21,000-acre property of pristine countryside of rolling hills and gorgeous views traversed by 1.75 miles of the Estrella River. The Company’s recently permitted nursery is located within this massive property, about a mile from Estrella Ranch and will supply “babies” and “teens” to the indoor and outdoor cultivation operations with proprietary and sought-after strains under strict supervision and quality control.
Residential Buildings and Turnkey Structures
The property is equipped with an abundant water supply of natural springs and artesian wells, high-power pumps feeding a sophisticated irrigation system, ample electricity and beautiful recreational areas with an exquisite Spanish-style main estate and two additional residences that can house up to 30 people. Storage buildings and elaborate equestrian facilities surround four equestrian barns and thirty-five stables. This is complimented with both covered and open arenas, a pole barn, additional workshop and ranch headquarters with seven offices.
Taking full advantage of these abundant and well-suited buildings with over 50,000 square feet of possibility, LiveWire is designing and will build a truly unique property that consists of indoor and outdoor cannabis operations, manufacturing facilities and the LiveWire 7X Pure testing and verification lab. The operation will eventually be supplemented with educational workshops, entertainment events and luxury recreational facilities focused on providing a comprehensive and unique cannabis related retreat experiences; all while maintaining the beauty and serenity of one of the most gorgeous landscapes in California.
Watch The Video Here
WOW!!! LOAD AND HOLD FOLKS!
$LVVV
the parent company collects and combines all the information from the subsidiary, and no formal transfer of revenue needs to occur. The subsidiary company don’t need to issue their own financial statements, so their revenue and expense data gets gathered internally to produce a set of consolidated financial statements for the company as a whole.
$LVVV
Some should learn about wholly owned subsidiary’s and how they work.. singing the same song again, to something that has been explained a million times...
LVVV's DD and financial reports tell a great story in the making. This is one reason LVVV's PPS is going to rocket at some point soon, so much and the uptrend continues.
LVVV...revenues in the making? YEP, its exciting isnt it?? this is what LVVV is trying to do now , become the PREMIER CLONE PROVIDER for all of CA, so they can sell more clones, thinking anyone would really believe LVVV anymore? Of course, the DD suggests they are heading to Bigger and Better things. MASSIVE CLONE FACILITY in Robles.
$LVVV
LVVV has huge revenues in the making and has NOT diluted since FEB 6, that only drives the PPS higher for all shareholders. PPS consolidating UP into high Dime land
In reality LVVV has has been loading the boat in several areas and is setting up the price for delivering HUGE REVS in very near future. LVVV is way ahead of other companies who have no foothold in the MJ Industry. CEO Hodson is a genius and is taking LVVV up to the Dominate company it is soon to be.
$LVVV
Hardly, LOL They are positioning themselves to DOMINATE, and are getting well poised to do so. Robles alone is going to be a MASSIVE operation that can bring in MILLIONS per month easily.
$LVVV
No, that is not how the distribution works, it isnt one or the other from what i see anyways, am I missing something maybe?.
The distributor is required for all the tax records. And when selling between licensed manufactures (Rec or Medical) you need to show both the License and sellers permit. We have ‘em both now. So for actual selling, is Medical for LVVV, but not for distribution as the company wanting to sell has the REC license that must be verified. That can be done / handled for any MJ company out there wanting to sell their goods.
Navigation thru the State regs continues: our Cannabis Tax Permit has been issued under section 34014 of the California revenue and tax code. Let’s go!
I believe it is..they have been issuing shares in lieu of taking out millions of bad loans..which is much worse and could literally cripple a business... also what they are trying to do here isn’t cheap by any stretch..
so While I’d like to see more, I’m content so far with everything..but every quarter now should show increase in revs imo...and we really need to see more on the Robles build out...once that puppy is up and running it’s gonna be a massive money making machine..
Right, the point is that they are MOVING forward and Revs will only increase from here on out, Distribution just started rolling end of March.. But we also need to realize that "positioning" is very important.. I feel they are positioning the company, not only to scale-up, but to dominate as well!
So yeah, i was hoping to see more revs as well.. but Just because they didn't show a big difference in REVS, doesn't mean they are not marching forward either. I still see this becoming a HUGE operation.
$LVVV
There have been ZERO share issuance's since Feb 6th.. It has slowed down A LOT.. at least that looks positive.
$LVVV
Someone selling at .0155, below the bid. LOL
Whatever, CLUELESS is a word that comes to mind. Get one
Well I was definitely expecting a lot more as anyone else....but at least it does look like share issuances have slowed way down..so hopefully that holds true and the revs continue upwards as expected. We need Robles up and running ASAP
In the meantime, maybe We can see some updates on all the other things they have going on as well...
Regardless, it’s a start of something big here imo...I am personally not expecting to see a massive increase in revs, but certainly something, a step in a direction that should only continue to increase moving forward..
LVVV is still trading? Of course! Anyone doing their DD know this is one of the most SOLID MJ Stocks out there, The hype is ON and many getting totally IN.
Might have something to do with the fact that they are in a COMPLETELY DIFFERENT BUSINESS now than before??
$LVVV
Exactly what I’m thinking..they are definitely setting things up that way it seems.. very transparent, solid business taking shape here..
$LVVV
He is currently working on Q1 now....but I agree, we should start to see some revs now coming in...even if modest, we’re gonna be heading north imo...
$LVVV
Oh WoW, amazing! LOL.. Who ever heard of a stock fluctuating up and down? Genius!
Maybe UpList is around the corner? : ) Would be a nice boon for sure. With all they have going on, it could be a multitude of things really though.
$LVVV
Nobody misled anyone, stop making false claims. This has been gone over a million times already on this board. Like a broken record, not hard to understand not all businesses are successful....
Great thing now is we are seeing the formation of a solid business plan this time around.. anyone doing the DD can clearly see this..
$LVVV
LiveWire is one of the few emerging, handful of leading-edge and well-managed companies with a solid business model and led by an experienced and credible management and development team.
The Company is conducting credible research, has secured the first production license, will develop high-quality products, is establishing a 7X Verification and Dosing System and expected to generate significant value moving forward. LiveWire’s model is driven by the increasing market demand for legal, high-quality products and reliable services that will allow the Company to remain viable long term. LiveWire believes that it can execute on its business plan in a timely manner and will be able to generate significant ROI for its investors, subject to the timely availability of the required working capital. While current efforts are focused on the legal sector of the cannabis market, the expected regulatory relaxation of the rules and regulations by the Federal Government and a removal of CBD from the Schedule 1 should accelerate the sector growth even further. The currently existing uncertainty combined with rapidly accelerating growth is creating an early investment opportunity, similar to the early investment opportunities generated by the now top of the charts pioneer internet companies.
$LVVV
Livewire has a sophisticated and solid business plan, is run by an experienced management and development team and will be able to
satisfy typical financial industry due diligence requirements, once it has up-listed to OTCQB. Livewire is still in the startup
development stage but has begun implementing core sections of its business plan. The Company’s initial focus will be on California, but is prepared to expand nationwide, once legally and economically feasible. Livewire has executed several key development and strategic
alliance agreements and has acquired minority equity interest in three established cannabis companies. The Company has obtained its
first two permits for the legal operation of its cultivation/nursery production facility in the city of Coachella, California and has been
granted a statewide distribution license. It has brought its OTC filings up to date and has submitted its application for up-listing to OTCQB.
Audits for the last two operating years have been completed, published and filed with the OTC. The company is committed to
consistently provide details of its plans, actions and results to provide full transparency to the public. Livewire expects to start generating revenues beginning in the 3rd to 4th quarter of 2018.
While the company’s strategic moves are not yet complete, LiveWire is well positioned in a sector of the industry with high barriers of
entry and has developed a branded strategy that should be attractive to investors in the “new” cannabis industry. Livewire will enter into
carefully evaluated agreements to raise the required funds to secure working capital required for the execution of its plans, without
generating extraordinary dilution for it existing shareholders. This should make it an attractive target for individual investor and retail
investors alike and will allow the Company to measurably spend on R&D and marketing and capture new markets via JVs and acquisitions.
$LVVV
Big Consolidation happening with LVVV. Very good here. Many getting in as the wait is worth it.
$LVVV
So obvious this is being consolidated even on the weakest of volumes. Uplist, can be weeks away, this baby is gonna EXPLODE just like that
$LVVV