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.
I'd like to compare the way GRCU has been performing, since the initial spike to .049, to another stock with a similar spike and pullback.
Just as with GRCU, FIT% spiked to more than .04 back in April of 2013. A couple of months later, it was trading approximately where GRCU is trading now. After continuing the downward drift, a couple of quarters later the stock was trading above a dime (and could have been exited at a price per share above .09 for several months).
So my point is as follows. Stocks will go up and stocks will go down. But there's an interesting phenomenon that occurs when a stock's price drops for a period of several months. The lower it goes, the more attractive the proposition of exiting the position occurs. We see the downward trend, and we project the future trend line in the same direction. After all, it has been going down, so isn't it logical that it will continue to go down. The reality is that it will continue to go down until it no longer does. And no one can predict, with any sort of certainty, exactly when that directional change will occur.
And very often, when the shareholder is feeling the most pain, that turns out (in hindsight) to have been the best time to be adding to your position in that stock.
As always, simply my opinion.
GRCU
Just saw an interesting report on HLN (headline news) network. The NFL considers pot to help concussions...
The world is changing, and companies like Green Cures (and their shareholders) will reap the rewards from these changes.
As always, simply my opinion.
GRCU
Thanks K2electric. I only wish my comics would bring as much joy to the world as your now-famous GRCU video product reviews. The best part for me is watching you fuel up before each product review begins (lol). Keep-em coming...
AHha these are great, everyday in October at 2pm lol
Thanks for the compliment, mrlazerworks. I have saved much of the side-splitting, piss-your-pants humor for when GRCU is .10+.
You are a funny Man... Keep them com'in... I can't wait to read the cartoons when we are around .05, they will be even funnier
My favorite part of the Yahoo article you've posted, TNL, is the total potential market for CBD-only products:
Bottom line – projections show the marijuana industry – for both recreation and medical purposes will grow incredibly large, considering marijuana is still federally illegal. Medical Marijuana Inc., whose portfolio includes both THC-free and THC-rich medical marijuana products, projects the THC-rich marijuana industry to grow to $34 billion. They predict the market for CBD-only products, let’s call them “diet pot,” will grow to some $17 billion.
GREEN CURES JUST ADVERTISED ALONG WITH CEO ROBERT CALKIN!
Glad you enjoyed it. BTW, nice work picking up more than 1 milly shs very near .005. Hopefully they will earn you a very nice return on your investment.
That was the best episode so far. Great job. I can't stop laughing.
IMO, the VOIS ear mounted hands-free controller could create a revolution in gaming. As was pointed out during a recent CNBC interview, the world currently expects a clunky, bulky, uncomfortable helmet type device to enjoy mind driven gaming. If VOIS can truly deliver with the accuracy and comfort on their final production version of this ear-mounted controller device, I think this company can scale quickly, and become extremely valuable. Additionally, the application of mind-controlled devices goes far beyond the gaming industry.
As one indication of demand within the innovative controller category, more than 24 million units of the Xbox Kinect motion controller have been sold.
If Mind Solutions Inc. (VOIS) could eventually sell just one million units of their ear-mounted mind controller, that would likely equate to more than $125 million in wholesale revenue. But the reality is that the number sold could be one tenth of that (even 100k units), and we'd still likely see an exponential increase in the share price.
Experiments from several years ago have proven that simple primates can use mind control to accomplish tasks. So wouldn't it seem logical that people will be using these techniques to control video games in the near future? And at that point, button controllers (the current standard in the industry), could seem as ridiculously outdated as phones tethered to the wall. When the Mind Solutions Inc. finished product is available for distribution, the upside here could be tremendous. The applications for their small, ear-mounted controller device are endless.
Believe it or not, even monkeys have participated in experiments that use mind controlled devices (see below).
'Monkey Mind-Control Holds Promise for Paraplegics'
An exerpt from the article:
'But there’s a long way to go before these microchips help humans regain control of their limbs. The monkey experiment simply proved a concept, and the mind-controlled movements were very basic. In order to be useful for humans, they’ll need to achieve more complex fine motor control.'
Monkeys Control a Mechanical Arm With Their Thoughts ...
New York Times article:
'Monkeys Think, Moving Artificial Arm as Own' - exerpt:
'Two monkeys with tiny sensors in their brains have learned to control a mechanical arm with just their thoughts, using it to reach for and grab food and even to adjust for the size and stickiness of morsels when necessary, scientists reported on Wednesday.'
Here's a 2008 Video: Monkey uses brain to control a prosthetic arm - YouTube:
Just curious... did you slap your dog on the ask?!?
Make that six. I just slapped my dog for peeing on the carpet.
This may be one of the most company-favorable funding agreements I've ever seen in the OTC.
For starters, there is only a 15% discount applied to the lowest avg trading day bids (I've seen as much as a 50% discount applied). Secondly, the measurement period for the computation of the avg price is only 7 days (the more days, the worse the agrmt). Thirdly, the period covered is 36 months long. This means that Fresh Promise can wait for the share price to recover, and then 'Put' a whole lot of those recovered-price shares to J.P. Carey Enterprises, with a higher cost basis. Fourthly, it provides for more than $1 million, so it is deep funding.
Additionally, the financing is structured as a 3 year 'put' option. For those who are unfamiliar with how a 'Put' option works, it is the right (but not the obligation) to sell a certain number of shares at a certain price. Since FPFI holds the 'Put' option, all power and timing is with FPFI. They can 'put' none of the shares when the stock price is weakest, and 'put' many shares when the stock price is strong.
For this reason, it is far more favorable than a convertible note, where the share price may be in the dumps just as the note due date is approaching.
While there is still some degree of uncertainty with this specific agreement, because the put share price will be determined by 7 days of trading after notice of the intent to put by FPFI, 7 days of uncertainty is far better than the 6 months to a year of share price uncertainty on a typical convertible note.
As always, simply my opinion.
"Effective September 24, 2014, Fresh Promise Foods, Inc. (the “Company”) entered into an Investment Agreement (the “Investment Agreement”) with J.P. Carey Enterprises, Inc. (“Carey”), whereby the parties also agreed to enter into a registration rights agreement (the “Registration Rights Agreement”). Pursuant to the terms of the Investment Agreement, for a period of thirty-six (36) months commencing on the trading day immediately following date of effectiveness of the Registration Statement (as defined below), Carey shall commit to purchase up to $1,250,000 of the Company’s common stock, par value $0.00001 per share (the “Shares”), pursuant to Puts (as defined below), covering the Registrable Securities (as defined below). The purchase price of the Shares under the Investment Agreement is equal to a fifteen (15%) percent discount to the average of the three lowest closing bids as calculated using the average of the three lowest closing bids during the last seven trading days after the Company delivers to Carey a Put notice in writing requiring Carey to purchase shares of the Company, subject to the terms of the Investment Agreement."
FPFI
Let me begin by stating that I hope your reason for accumulating so many shares was not my comics. Thanks for the compliment, though. As much as I enjoy creating each episode of The Adventures of GRCU, I would gladly promise to never again create one if I knew that it would stop the bleeding.
I continue to hold my shares here (despite the extreme pain as it has dropped in value) because I firmly believe that Calkin has some very big plans for this company. And I think that those plans will lead to a much higher price per share.
As always, simply my opinion.
Dude, i bought 3 mil shares from 0.03 and now i have 7 mil shares and still holding just because of your work. LOL. I use my extra money to play stock so losing doesn't matter to me. I just enjoy ur work too much. haha. Great job man. Keep it up. You may be success with writing a comic book ;)
Occam's razor: Some here may be familiar with the concept known as 'Occam's razor'. It suggests that 'among competing hypotheses, the one with the fewest assumptions should be selected. Other, more complicated solutions may ultimately prove correct, but—in the absence of certainty—the fewer assumptions that are made, the better.' - wikipedia
One view that has been expressed is that although production facilities have been secured, and a product, packaging and various marketing materials have been developed, the whole chewable juice thing is an elaborate hoax, with there being no real intention of a product launch. I can not argue with certainty that it is not, since the product is not yet available for sale.
I choose to believe, though, that the explanation is much simpler. I choose to believe that the product launch delay has been caused primarily by delays in obtaining the necessary certification(s) from the dept(s) of agriculture, just as the company has stated via recent correspondence.
If the CEO of Fresh Promise Foods had not previously served as the head marketing guy for the Minute Maid division of Coca Cola, I might lean more toward the hoax scenario for an explanation as to the delay. But my gut tells me the plan is actually as stated - to launch the chewable juice product as soon as the required state/fed approvals have been obtained. And once the product actually launches, I believe the stock will move up significantly from the current level.
As always, simply my opinion.
FPFI
Hey K2, thanks for the detailed review. BTW, you were the inspiration for Episode 21 below.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107294130
If you haven't seen a video for CBD products I have one here:
The Press Release I'd like to see:
"I'd like to begin by thanking the thousands of customers that have made our launch of allcbd.com, our second e-commerce site, an enormous success. This overwhelmingly positive reception, as indicated by our much larger than expected product demand, has made it somewhat of a challenge for us to fill orders as quickly as we would like.
As many of you know, we are still a relatively small and lean operation. Since we are very aware that bloated overhead costs is the single largest factor contributing to failures in OTC companies, it has been a core objective of ours from the start to keep our overhead costs low. Tightly managing our overhead unfortunately leads to product shipping delays during periodic sales spikes. We do believe that this careful management of expenses will result in increased shareholder value, as we continue to build and scale this business.
We will continue to focus on and work through the large volume of orders received, and would like to thank all of those customers and shareholders that have been so very supportive of our efforts. We are confident that as new developments within Green Cures continue to unfold in the coming months, shareholders will be very satisfied with what we have accomplished."
Again, this is simply a hypothetical PR that I would like to see released.
As always, simply my opinion.
GRCU
If you re-read my post carefully, I think it will become evident why you may never see failures to deliver (FTDs) on GRCU shares, since same day covering of shorted shares will never result in FTDs.
And as long as FTDs are the focus of measurement, the real picture of MM trading will be unclear.
Hope this helps with your understanding of the lack of usefulness in measuring FTDs when attempting to determine the selling short and same day covering of shares on a daily basis.
As to evidence that is happening on GRCU, here is some current data for your review.
GRCU doesn't have any Failures To Deliver.
As for FTDs - are extremely important to have a better understanding of naked short selling. Naked Short Selling or NSS happens when someone/broker enters into agreement to sell shares that they don't have access to the shares - they don't own them and they haven't borrowed them either.
The FTDs show what some call ghost/phantom shares. But on GRCU there isn't any FTDs.
Please provide some evidence that GRCU is being shorted.
Hopefully this will aid in your understanding:
Short Interest Unmasked: For those interested in understanding the apparent discrepancy between the bi-weekly FINRA short report and daily share shorting tallies, I'll do my best to explain the difference.
Market makers, operating within their obligation to keep an orderly and liquid market in a stock, often sell shares they do not currently own. Most of those sell transactions will not show up in the bi-weekly FINRA short report because it shows net short positions. Since it is very common for the market markets to buy back,later in the same day, the shares that they shorted earlier in the day, short transactions of that type will never appear on a bi-weekly net shares short report (although these shares do show up in the reporting of daily shorting totals).
So if an OTC market maker covers most of their short sales within the same day, why should it even be of a concern to the shareholders of that OTC stock? Here's why. Because of the low level of investor confidence on most OTC companies, a market maker can create the impression of lack-of-demand for a stock by selling short against many of the retail buys as they are coming in at the ask, which keeps the ask from rising. As a result, other retail investors tend to become nervous and some lose confidence in their otherwise long holding, and as a result sell into the bid. It is at this time that the original market markers that sold short at the ask can then cover at the bid. That allows the market makers to make money for their work. But it also generally leads to the stock going lower. But because the short sold shares were covered during the same day, the will have no visibility on a bi-weekly net short report. And IMO, this process has undoubtedly contributed to the downward slide in Green Cures & Botanical Distribution (GRCU).
As always, simply my opinion.
MMs and brokers aren't shorting GRCU - it is a sub-penny. Where are all of the failures to Deliver if GRCU was being shorted?
From OTCM - who uses the FINRA Bi-Weekly data we can see:
Quote:
Short Selling Data
Short Interest 7,599 (100%)
Sep 30, 2014
Significant Failures to Deliver No
It all boils down to this. All OTC investors/traders hope to stumble upon one of the authentic 'upside-explosive' OTC stocks. Because as we know, getting into the right one can be a financial life-changer. But only a precious few of the thousands of OTC companies have all of the necessary elements to do so.
We are in a new and highly desirable industry/sector. Governmental bodies are making the regulations (and public policy) friendlier every day, providing a constant source of positive news feeds.
We are being led by CEO Robert Calkin, an industry educator and guru, who has come on board with a compensation package that aligns his interest entirely with GRCU shareholders. Additionally, he has the type of connections that can fuel the release of meaningful PRs for years to come.
And best of all, he has begun building a scalable, and potentially profitable entity. And generating a profit eliminates the biggest risk present in most stocks in the OTC world... toxic convertible debt issued to fund an operational loss, leading to large scale dilution and thus share price destruction.
The green movement is here to stay. And it goes far beyond cannabis/medical mj formulations. The movement also encompasses eco-friendly household products, such as the all natural hemp based deodorant that Green Cures has recently added the allbotanical.com web store.
I believe we have something really rare here.
As always, simply my opinion.
GRCU
Short Interest Unmasked: For those interested in understanding the apparent discrepancy between the bi-weekly FINRA short report and daily share shorting tallies, I'll do my best to explain the difference.
Market makers, operating within their obligation to keep an orderly and liquid market in a stock, often sell shares they do not currently own. Most of those sell transactions will not show up in the bi-weekly FINRA short report because it shows net short positions. Since it is very common for the market markets to buy back,later in the same day, the shares that they shorted earlier in the day, short transactions of that type will never appear on a bi-weekly net shares short report (although these shares do show up in the reporting of daily shorting totals).
So if an OTC market maker covers most of their short sales within the same day, why should it even be of a concern to the shareholders of that OTC stock? Here's why. Because of the low level of investor confidence on most OTC companies, a market maker can create the impression of lacK-of-demand for a stock by selling short against many of the retail buys as they are coming in at the ask, which keeps the ask from rising. As a result, other retail investors tend to become nervous and some lose confidence in their otherwise long holding, and as a result sell into the bid. It is at this time that the original market markers that sold short at the ask can then cover at the bid. That allows the market makers to make money for their work. But it also generally leads to the stock going lower. But because the short sold shares were covered during the same day, the will have no visibility on a bi-weekly net short report. And IMO, this process has undoubtedly contributed to the downward slide in Green Cures & Botanical Distribution (GRCU).
As always, simply my opinion.
GRCU
The overall sentiment here is so leaning toward the negative, that I would expect a trend change for the stock very shortly. I continue to hold my shares, and remain confident in the future of Green Cures (GRCU).
As always, simply my opinion.
GRCU
Thanks for that info, VortMax. Exponentially more upside than my rather conservative computations. It would seem that this could be one of the major OTC runners of Q4 2014. Net operating losses are like money in the bank, once a company turns profitable.
As always, simply my opinion.
Odessa, they only gave themselves 500m and not 5b because this way there is not a change in control of the outstanding stock. The reason for this is because psru has $23M IN NOLS. Those can be so the first 23m in cash flow here is tax free. By gaap law, the nols can only be used if there is not a change in control. Pups .07 here
Here's some interesting and potentially lucrative math:
500 million shs for 100,000 tons of sugar (first month's allocation)
100,000 tons x 2,000 lbs per ton = 200 million pounds of sugar
500 million shs for 200 million pounds = 2.5 shares per pound
current share price of .0005 x 2.5 = .00125 per pound
For that share exchange, we own 20% of the profit generated from the COOP
If the profit is more than .00625 per pound (5 x .00125), we have earned back 100% of the cost (at our current share price) of this JV on just the first 100,000 tons of sugar (first month's allocation).
Excuse the pun, but that sounds like a 'sweet' deal to me.
As always, simply my opinion.
--------------
Vero Beach, FL - October 08, 2014 - InvestorsHub NewsWire - PureSpectrum, Inc. (OTC Pink: PSRU), Chairman of the Board and Chief Executive Officer, Gregory F. Gustin, has announced that the Company entered a Joint Venture Agreement (“JVA”) with Central Sun Ukraine LLC (“CSU”).
“Central Sun Ukraine is a multi-disciplined organization based in Kiev, Ukraine. Amongst its many ‘assets’ is that it is an approved ‘Foreign Investment Company’. Such approval allows for investments into Ukraine that might otherwise be restricted.” said Mr. Gustin, who is also part owner and President of CSU.
In addition, CSU has recently established its Commodities SUGAR Division. This week CSU will countersign an offer for the exclusive allocation from three government sugar refineries in Ukraine. CSU’s allocation will be 100,000 metric tons per month. The first shipments are scheduled within thirty days, with plans to reach the full allocation with ninety days. In exchange for 500,000,000 common shares of PRSU Stock, CSU will remit 20% of Sugar COOP Profits to PRSU. Using current market pricing, for both PRSU shares and refined beet sugar, PRSU anticipates a significant return on its investment.
Mr. Gustin further states, “Not only will this JVA generate our first revenues with positive cash flow, it provides our firm a formal introduction into the global market of food grade commodities.”
PSRU
Why would a consumer ever want a liquid food product with chewables in it?
Some are skeptical that there's any possibility of demand for such a product. Here's what makes me crack up when I hear that. Absent the sweatness factor, we are simply describing soup. And those following the evolution of the soup market have seen the packaging become much more on-the-go convenient in recent years. And the most convenience portable food package is a beverage container, since no utensils are required.
Consider this. In supermarkets, consumers have the choice of dessert pies (apple, peach, blueberry, etc) and hearty/meal pies (chicken pot pies, beef pot pie, shepherd's pie, etc). Wouldn't a chewable juice simply offer the consumer the same options for soups?
I don't know if the chewable juice category will ultimately be a big success, but if the soup market is any indication of the potential, then Fresh Promise/Harvest Soul may be on to something big here. “At first, dreams seem impossible, then improbable, and eventually inevitable.” - Christopher Reeve
As always, simply my opinion.
"Soup lovers across America consume more than 10 billion bowls of soup each ... which are among the top 10 food items sold in grocery stores every week"
link:
www.campbellsoup.com/Resources/AboutUs
FPFI
If that is so, it's probably because those who have sold at the sub-penny level will be cursing later (after the upward explosion in price), IMO.
This stock has become known more so as the Green Curse.
In many organizations, the CFO is responsible for liquidity management, effective deployment and utilization of assets, lease vs buy decisions, and a host of other things.
I think you are confusing a CFO's duties with those usually attributed to a simple controller. They are not one in the same, although one individual can serve both functions.
the CFO should be paid a regular salary. Principles of accounting should not be dependent on stock performance...and effective implementation of internal controls should be expected at any public company....This is not an extraordinary accomplishment....thus, I see no need for stock awards.
The red bars below represent the daily volume shorted on GRCU.
link:
http://shortvolume.com/
GRCU
I'd like to compare the way GRCU has been performing, since the initial spike to .049, to another stock with a similar spike and pullback.
Just as with GRCU, FIT% spiked to more than .04 back in April of 2013. A couple of months later, it was trading approximately where GRCU is trading now. After continuing the downward drift, a couple of quarters later the stock was trading above a dime (and could have been exited at above .09 for several months).
So my point is as follows. Stocks will go up and stocks will go down. But there's an interesting phenomenon that occurs when a stock's price drops for a period of several months. The lower it goes, the more attractive the proposition of exiting the position occurs. We see the downward trend, and we project the future trend line in the same direction. After all, it has been going down, so isn't it logical that it will continue to go down. The reality is that it will continue to go down until it no longer does. And no one can predict, with any sort of certainty, exactly when that directional change will occur.
And very often, when the shareholder is feeling the most pain, that turns out (in hindsight) to have been the best time to be adding to your position in that stock.
As always, simply my opinion.
GRCU
I appreciate your perspective, DTL. But I don't think we are in as much disagreement as you think. When GRCU's ticker was TTDZ, it had almost zero perceived value in the OTC marketplace.
Shortly after the change of business to mj/cannabis was announced, the share price ran up on pure hype and speculation.
Following that initial hype, Robert Calkin and his team were brought on board and have begun painstakingly building a real business. And as with most new businesses, there have been several stumbles (inventory problems, missed dates, etc). But on balance, I would have to say that the team has accomplished things in a more accelerated fashion than most of the other OTC companies for which I hold stock. Running a publicly traded company, and being accountable to shareholders, is very different from running a private company. Robert Calkin is a very intelligent individual, and I think he is learning that lesson.
I firmly believe that within the next year, there will be many former shareholders that will look back and say to themselves, "I can't believe that I let go of my GRCU shares for under a penny". I could be very wrong here, of course, and the shares could continue to slide downward. Time will tell.
Sorry to disagree Odessa but you are basically comparing TTDZ (a public shells) PPS to a post merge and startup companies PPS. I'm sure you agree that rise to .049 was merger induced with nothing behind it's value but a new MJ /MMJ CEO to speculate over. Trading in the pennies was falsely encouraging for a while but then it's up to Calkin to maintain shareholder value albeit I would not expect him to maintain an inflated PPS of .049 just starting out. Though his initial goals sounded ambitious and the implied timelines were ludicrous. He has accomplished much but has also misled milestones. Read the June 16th PR again. Huge mistakes in that PR. Investors bought shares on that information and when not delivered on, they sold. Hence, the pinksheet mentality which IMO Calkin needs to pay extra attention to.
The date he came in has absolutely nothing to do with it. The market valued the former business (when it was travel related) in the low triple zeros, for about a year.
Currently, under the direction of CEO Robert Calkin, the market is valuing the company at 6000% to 7000% above where it bottomed as a travel company.
Had the market felt he brought little or no value to the table, at this point we would be trading back in the low triple zeros (since the share structure is about the same as it was as a travel industry company).
This is completely untrue!!! Calkin came in just prior to or at the height of the PPS rise. He has done NOTHING to increase it. It has only gone DOWN since he has been the CEO.
Perspective: This drop in the value of GRCU since the April '14 peak is very painful, no doubt. But I highly disagree with the narrative that this is evidence that Robert Calkin has failed as a CEO. While we have dropped quite a bit since the April peak, the stock is still up a great deal from where it was trading when it bottomed in late 2013. And by a great deal higher, I am referring to the fact that as of today, GRCU is still 60-70 times where it was at, less than 1 year ago, when it bottomed at .0001. That is 6000% - 7000% higher than the bottom.
I know this is of little consolation to those that bought at much higher levels. But when viewed objectively, it is more supportive of a narrative that Robert Calkin has accomplished a great deal as the CEO of Green Cures (GRCU). And that many shareholders believe that he will continue on that path. I believe that the drifting downward of the share price, since the multi-penny peak, is more a reflection of what typically happens in the OTC market after nearly every since run.
I am one of those shareholders that believes in Robert's ability and commitment to accomplish a great deal with respect to Green Cures, and that is why I remain a long term holder of GRCU shares.
As always, simply my opinion.
GRCU