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Really? What do you call those consultants and toxic finance companies dumping their shares? Are they penny stock traders? Don't answer. I already know.
sorry, you don't get to demand anything. However, as a public company, Berman should be doing his utmost to provide audited financials and provide credibility and transparency for investors.
Yep and half way decent volume too
Ok, call them what ever you want. still deflection.
I think the implication concerning the SEC lack of enforcement is that the history of Berman didn't stop when he stopped reporting. There is nothing to verify the numbers he produces. This is why auditing of the books and subsequent SEC reporting is important for investors
The only rumor of a new CEO is in your make believe world. There is no more SEC enforcement because DECN is a non-reporting company.
That does seem callous but without the full story I wont pass final judgment.
GBLX must feel like they are getting something out of this deal since they renewed the agreement. And, his advocacy is what they are paying for. It is my opinion that GBLX feels like his connections within the entire vertical industry are worth the money in order to build the business.
Building grow facilities and ramping up their employment numbers to support the growing business.
Finally the judge said "you don't really expect me to just take your word for things."
You mean like unaudited financials, non-sec reporting entity, unverifiable sales and expenditures to endless consultants? Those kind of things?
GBLX wanted to get rid of him and Shane. But, where told no by people in the background because there is to much dirt that might get uncovered
This is what I was referring to. Can you elaborate on this topic? what sort of dirt?
And you all have this detailed background information...How? I'm pretty certain that what you described is not in a Q or 10 anywhere.
Thanks for pointing me in the direction of his company. He is more than just a BOD and audit committee person. I encourage people to check out Electrum Partners website and find out more about this consulting company's approach to helping businesses raise capital and build vertically integrated companies in the MJ sector.
what is Leslie Bocksor's postion? 10K a month is not THAT much and how do you know this person makes that much.
Employee compensation doubled because the hired more people due the ramping up of their grow facility and other business ventures. This is not alarming.
I read the 10K. Its not really as bad as you make it out to be. For a start up the Balance Sheet and the cash flow statement are not bad. Income is a little bit of a wreck but I wouldnt expect them to be profitable at this point and they issued less shares in 2018 than 2017
If my post is going to get removed then certainly gblxfan should go to the penalty box after that series of posts.
Wasn't he the one that was complaining about his first post and the treatment he received? Yeah, so I took a look, he was moaning even after he was provided information to his question about voting. It wasn't until he attacked Jeffra, because apparently he wasn't given enough detail, that he received some backlash.
at this point I believe its 4 our of 5...or is that 4 out of 6? but, who is counting?
Market thought otherwise today.
https://finance.yahoo.com/news/gb-sciences-partners-colorado-hemp-093000189.html
This is a company positioning itself for the next leg up.
Welp, the sell button is but a click away. Complaining on a message board aint gonna get the company to put out a PR. If you are looking for a quick flip (and I am not opposed to this type of trading) then this probably isn't the right time. The fall should be better for that.
The whole sector has gone in this direction. its not just GBLX. The sector is kind of cyclical and we are also in the dog days of summer. No news and you we going to have this bleeding of the stocks. So, buy some more and wait for the next wave up. the stocks that are positioning themselves now will be the ones to skyrocket. IMO
I agree with you Mr. Kitty, and it seems like its a good company to continue to accumulate on dips for that very reason.
"I guess then I will have to post the documents."
Hey, did you find those documents yet? Can you go ahead and post them?
Patent applications aside, GBLX is building a growing network with an emphasis on high quality, consistent MJ strains that can and will be used in the medical field. They also have their hands in the recreational sector. Both of these industry ventures are ramping up to start producing revenue. So far, the debt and share structures are decent. As long as they don't start rifling money into the pockets of the leadership this has all the workings of a well built company that should do well in the future. IMO of course.
Ok, then, post the documents....whatever that means.
DECN anticipates the GenChoice! introduction to International markets in June 2018 as a prelude to the eventual U.S. introduction. It is believed that GenChoice! will contribute $100 million in annual revenues per our pro forma financial forecast. As such, GenChoice! will temporarily become DECN's largest tertiary revenue producer and should post margins in excess of the company's successful GenUltimate! test strips, that is until our panacea product GenPrecis!, reaches the same stage of market-readiness in the next several weeks."
Trying to decipher Bermans quote....especially the last part. How is it that Genchoice will temporarily become DECN's largest revenue producer in and after June but that's only until the panacea product GenPrecis reaches the same stage in several weeks from mid- March? What kind of reverse forecast is this?
All MJ stocks were trading up in January time frame and they all came down when Sessions opened him mouth. Virtually none of them have recovered but they will move as an industry in due time.
Hope you do well. I am looking to double my position so picking up some here and there as well.
More power to ya....well, not so much you. The rest of the people who are in the process of losing their shirt on this "investment" are the ones I feel sorry for.
Lots of people don't get caught when they break laws....doesn't mean it doesn't happen. And, I didn't go quite that far in my assertion. When the company starts posting verifiable facts then I guess we will all be able to do the same. So, call the company and ask.
For me, since it is me, its proof
Straw man argument. Audited financials would mean ALOT to the investment community because it provides credibility. The fact that Berman has screwed up the financials and has been through a ton of auditors actually makes him look shady.
First hand experience at the hands of Berman is proof.
Of the RSI? bottom would be zero but I have never seen a stock get there. Anything under 30 is considered oversold. that's not to say it cant stay there for a while but usually trend investors will step in and drive the price up to make a buck.
I don't think selling ones shares is necessarily going to make them go away. There are plenty of past shareholders who have DECN at the bottom of their list of disliked companies. Many feel that DECN has screwed them over with the never ending nothingness. This is a powerful motivator to return periodically and rake this company over the coals for lack of verifiable progress, lack of shareholder value and financials that are in shambles.
Time for a bounce. RSI is at 25.5 way oversold.
Sure its an attempted trap. You are constantly trying to shift the narrative away from Berman. But, guess what, he is the one running this company so he shoulders the blame. If you don't like that or he doesn't like that then too bad. He can always quit but we all know that wont happen.
Not falling into your trap. You asked "what would you do?" and qualified it with not being too detailed. I did that. If you want to tout Berman's "successes" then you will have to wait until he actually produces something tangible and verifiable. I know you say he has but you have no credibility anymore than I do on a public message board.
Well, you asked.
Terminate Berman, visit suppliers to make sure they actually exist and are in a position to produce product, settle with J&J if at all possible, jettison all of the so called consultants, use settlement money to produce and inventory one or two of best products, hire a good sales person, try to get into some brick and mortar pharmacies, audit financials, revamp on line distribution without Kimberly Binder, direct solicitation of diabetics, etc.
Lets see...doesn't have FDA approval, DECN will get sued for copying someone's technology, or Berman is spinning another story outside of the US to rope in another round of unsuspecting investor's.
Is there a legal reason why they cant sell them here?