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It's called a short cover...
Anyone who thinks this was just happenstance Howard was forced out before the meeting needs to stop smoking that schwag fiore.
These guys are worried, and rightfully so, there's only so much time and money you can steal from people before the people revolt.
Watch for Rahim to resign once the "new" CEO is named. This is an old Napoli shell game.
LMAO they have ZERO assets aside from the gas station facility.
Who is going to be in Vegas for the meeting that isn't going to happen? LMAO, this is a comedy of errors...
Now that we know I was right about Howard getting the boot, let's see if this prediction comes to fruition since I've been right on nearly EVERYTHING. LMAO, bankruptcy up next...
MAGNA BAY RESOURCE SOLD on JANUARY 7th! Notice how they didn't specify the actual resource...but I suspect it was the facilities in Celista, which is in Magna Bay.
More lies, scamming and defrauding, but not a big surprise!
Enjoy the ride to $0 folks.
LMAO, over 240,000 shares dumped on the bid yesterday. Why? Because this company is nothing more than a share selling scam...
Several potential catalysts here, most notably NY and NJ legalization. Although Florida legalization will not be on the ballot, there are several bills that FL legislature will vote on by March 13th.
Add the potential for IL approval/acquisition and we have solid group of catalysts in the next 2/3 months.
Although Make it Legal is throwing in the towel on the constitutional amendment, still a few viable legalization options in the FL legislature that will be voted on before the end of the session on March 13th. Still that possibility we get a little boost from that potential catalyst.
LMAO, she left as no one will give them anymore $$$ to continue financing the scam.
Down 98%...got cash? LMAO, bankruptcy 2020!
Thankfully Gotham knows where this is heading, and it's not down.
While we are moving towards $2...lmao $.12 to bankruptcy right?
Looking for another 52-week low as the company has a real value of $0 based on debt to revenue ratio.
This is kind of company no one with any investing prowess would risk $$ on due to fraudulent projections, misleading PRs, self-dealing insider enrichment and investigations by regulatory bodies.
Enjoy the ride to $0 folks!
They'll be bankrupt well before enough revenue is made to pay for past transgressions and insider enrichment.
Let's get on the breakout board folks, it's gonna make a huge difference! Lots of eyes! lmao
Bankruptcy is soooooooooooo close.
Bwhahaha, nice call.
Another solid day here, lol.
Chart setting up for a nice flush to new lows next week.
Enjoy the run to $0 everyone, bankruptcy will be here before you know it!
Anyone see the dumping yesterday?
Weird...lmao...bankruptcy imminent.
Plenty to choose from with operations in FL, NY, NJ, IL and MA. Those are the growth opportunities right now.
That would be pretty incredible. Long-term, it's certainly possible.
With that NY news, I think $2 short term is not going to be a problem.
You'll notice how almost all legitimate companies are bouncing, yet the scams have yet to do much of anything.
Real companies are clearly being accumulated and those with solid balance sheets will run. Companies such as this scam will continue to fade into oblivion.
Enjoy the ride to $0!
LMAO, he got those shares for selling a company that never had a license or anything of value. Full Spectrum Medicinal is a shell company specifically created to transfer shares for the enrichment of insiders.
You'll notice how that 80,000,000 shares issued back in September 2018 is now only 20,000,000, all of which went to Richard Huhn.
This is a share selling scam, sorry.
Bankruptcy imminent.
Yes, it is shameful. Company is just your typical OTC scam, just with a better backstory and nicer suits.
Richard Huhn has dumped more than 200,000 shares in the last three months.
Wonder why...
One of the sham directors, Richard Huhn, just transferred over 5,000,000 shares.
I suspect a pump coming to facilitate those shares being dumped on retail.
2019-01-03
Direct Ownership:
47 - Acquisition or disposition by gift
-5,191,333 0.1700
2,900,000 shares granted as "bonuses" to insiders.
Shares granted at $0 cost to insiders, which means MASSIVE dumping incoming.
Enjoy the ride to $0 folks!
I honestly could care less if anyone agrees with my due diligence and speculations, the market obviously does and that is all that matters to me.
If you looks at the options on Sedi you'll also notice an INSANE number of cheap shares. I can guarantee those shares have been getting dumped.
There will be no facility in Celista as Health Canada will never approve the application. Might want to contact Jodi Brak of the Salmon Arm Observer in Celista, she knows what's up...
Enjoy the ride to bankruptcy!
LMAO, hope you took profit!
The downward spiral has more to do with the CEO taking a $1M salary than it does short selling. I can also guarantee those that received $.12 options have been relentlessly dumping on the bid.
It's without a doubt one of the most egregious MJ scams Canada has produced yet.
55 million as of yesterday per the updated information on the otcmarkets.com website. Which is truly nothing.
$5.4M market cap, testing requirements expanding everyday in states where legal, $1.3M note paid off (or nearly paid off), chart is setup on multiple time frames = recipe for a run!
LMAO, you mean it getting back to $2USD? I agree. Never gonna happen, but I do recall criticism for selling at $1.60.
But thanks for the incredible insight, so far it's been spot on wrong.
The original Aphira buyout offer was nothing more than a ruse orchestrated by insiders/note holders to dump shares. It was a joke, a really bad one.
Even so, GGB is not going after ACB, the rumor is ACB is buying out the CBD segment of GGB. I suspect this is being done for two reasons:
1. ACB needs exposure to US CBD assets and has no problem diluting current shareholders.
2. GGB note holders has forced GGB's hand in selling off that segment in order for them to get some of their money back. The deal will likely be for $300-$400M in an all share transaction. This will allow the note holders to exchange a portion of their shares of GGB for those of ACB, which is much more liquid than GGB. It's going to be near impossible to get GGB back to $2.00USD, which is where the notes conversion price sits. It would be easy for them to dump ACB shares at that price, not so much GGB.
Of course I'm speculating, but I don't see any other way out for insiders/note holders without something like the above-described scenario. The mall kiosk idea just isn't all that appealing.
Short week and likely everyone is still working through those Christmas buds. Clear winners are beginning to take shape in Florida and there's no doubt Liberty is a player.
Need Make it Legal petition to win the recent court challenge. We get that news and look out. Think the panic sellers from the other day are officially gone.
Short week and likely everyone is still working through those Christmas buds. Clear winners are beginning to take shape in Florida and there's no doubt Liberty is a player.
Need Make it Legal petition to win the recent court challenge. We get that news and look out. Think the panic sellers from the other day are officially gone.
You got that right, there will be no shortage and likely double digit increases. Building out the facilities and fully staffing them obviously took serious $$$, most of which was unfortunately via toxic notes.
The most recent 10Q needs to be filed as that will tell the story of current debt financing. If that is minimal and the revenue continues to increase, this is a no-brainer 5-10 bagger, especially with the current share structure of 53M outstanding shares.
Accumulation on weekly chart is beginning to turn up. W pattern is setting up on daily, with break of $.085 being important. Break that on volume and we'll see $.15 in no time.
Yeah, I just got in yesterday. I estimate the $1.3M to have been fully converted today, or at the least by next week. Keeping an eye on L2 and OTCX to see how he acts after taking a few hits early next week. Chart is setup for a bounce.
24,000,000 shares added and it looks like most have been accumulated. I think next week this will move off the bottom if confirmed note has been satisfied.
Here are the real numbers...
37 shares in volume today on the OTC, can you let me know how much money that is? lol
$470,000 in cash from last Q.
$7,000,000 loss for six months ending September 30, 2019.
$3,917,000 loss for three months ending September 30, 2019, which is up a whopping $800,000 from 2018 QoQ.
With losses continuing from worthless acquisitions (more insider enrichment) and lack of actual sales, bankruptcy is imminent.