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Yes, reason to be skeptical and probably keep prices artificially deflated. I opened a position yesterday and added again today. Very intrigued by WSRA, although feels a little riskier than some of the others I'm in. Worth taking a moderate position and holding. Price dips lower I'll average down a little. If/when real revenues start adding up then we're golden here :)
OK, I'll have some funds ready to add more if it fills back down there. Take care!
Been following along here for a few months waiting to jump in with some momentum. I'm not very good at timing entry points but loaded some at .145. We'll see how much it retraces from there :) Happy for all of you who have been accumulating lower. Looks like the start of a nice long term growth story!
327M O/S out of 350M A/S. Compared to 225M O/S but 500M A/S here. Of course many restricted and much lower float here!
I've certainly seen worse out there :) Still fairly intrigued by that one. Unless of course they vote to increase the A/S in the future.....
Something to watch. Like my chances in FRLF a whole lot better no doubt!
Out here. Sold the rest today to move elsewhere.
Closely following for any sign of progress and will jump back in then.
Good luck all!
I was down 20% on one of my FRLF purchases after averaging up. Then averaged down more and it all turned out fine a couple months later. See how you feel about .74 in a couple months. Turn off the computer in the meantime if you have to. Let the story play out here. If something bad surfaces then consider selling more strongly. I don't believe we will have much in the way of bad news the next few months.
38% fib retrace from .80 is right around .49.
I found some change in the couch cushions. Will see if they flush to .50-.52 before power hour to add another log to the fire.
Daily chart RSI below 70 for first time since this run started.
Volume has absolutely died the past hour or so.
Looks like they'll be running ole FRLF back up again real soon once MM have reloaded some to sell on the way up.
Couple more notes of interest from the 10K "LA" is excited about!:
"more WOW
Property
We lease approximately 2,800 square feet of office space in Las Vegas, Nevada, pursuant to a lease that will expire on April 15, 2019. This facility serves as our corporate headquarters. We also lease approximately 1,777 square feet of office and production space, utilized by Irie, in Oakland, California, pursuant to a lease that will expire June 1, 2019. Our owned facility in Valencia, Spain includes: approximately 430,000 square feet of light deprivation greenhouse made with polished concrete and triple galvanized steel framework. This facility also has office space that the Company intends to utilize to house: (i) our Spanish Media department (lamarihuana.com), and (ii) a warehouse. The purchase also included outdoor space and the necessary structural steel sufficient to erect a new 64,000 sq. ft. galvanized steel frame facility the Company intends to build to use as a GMP extraction, formulation and bottling facility."
and this one I also find quite exciting!!!!!
"one more!
Research and Development
Freedom Leaf’s product lines are ready to jump to the next stage in developing products that we intend to be a step above the market. Our Leafceuticals Europe S.L.U. greenhouse property in Spain will concentrate on the development of new EU-registered strains of hemp that can be licensed to other farmers, as well as grown proprietarily for our own products. We will also develop clone technology to be able to sell farmers and agronomists new strains that are much easier to grow and provide properties that are beneficial to users of cannabinoid products.
We intend to expand our research staff over the next year to undertake the development through research of new health products, specifically concerning rare cannabinoids such as CBG, CBN, CBC, THCV, THCA, and more. Through proprietary research on these rare cannabinoids, we intend to develop novel and patentable medicinal products on a pharmaceutical-grade level."
LA wanted this posted, he is out for the day:
"Wow!! they got it done!! please post i am out of posts.
Leafceuticals Europe S.L.U.
Freedom Leaf recently completed the purchase of a 430,000 sq. ft. indoor grow facility located in Valencia, Spain, and established a new Spanish corporation under the name Leafceuticals Europe S.L.U. The multi-greenhouse facility is comprised of eight connected greenhouses that incorporate state-of-the-art hydroponic nutrient delivery and light depravation systems to control plant genetics and quality and maximize hemp crop yields. This advanced capability not only allows the Company to source and develop the specific plant strains necessary to create our product formulations (as our wholly-owned provider, Leafceuticals Europe S.L.U. also serves as one of our suppliers of raw materials); it also lowers the overall production costs of our full spectrum hemp oil product lines, thereby generating a higher gross margin for each unit sold. With this acquisition and creation of Leafceuticals Europe S.L.U., Freedom Leaf intends to become one of the largest indoor hemp producers in Europe."
My screen has a link just above the most recent messages on this board.
Annual Report just dropped!
I see no reactions. Everyone busy digging in? I just got home and have to leave again :/ Will study and read all your reactions tonight. Hope there's some good news buried in there that leaked Friday or over the weekend.
That is a nice looking deal! $45M up front wouldn't be too shabby. I'd love royalties to be several % per year on top of that. 2% of that 1.9B figure you mentioned earlier would add almost another 40M per year :)
Thank you for your thoughtful reply KentuckyHemp!
I will look further into CVSI, but might not be enough upside left for my investing style :) Great one to hold on for those last couple of doubles for you to gain long term tax benefits. Congrats!
Even if FRLF/Irie never catch them in CBD market share there is still enough to go around being a strong brand. To me that is just gravy in this play anyohw, I'm here for the greenhouse and hopefully FRLF purchases more greenhouses or land in Europe going forward.
Been a great ride so far here in FRLF. *Really* looking forward to seeing what management has up it's sleeve the coming 3-6 months. More acquisition surprises? Additional investors coming on board? Harvest selling out at higher than expected prices? Greenhouse nearing full capacity sooner than expected?
I'm snooping around for some other decent hemp/mj/cbd plays. Any good hemp boards out there anyone? Or anyone feel free to PM undervalued or undiscovered hemp/mj/cbd stocks to investigate. I'm always screening companies trying to find another undiscovered gem. Take care all!
Welcome KentuckyHemp!
I have never researched CVSI. I know they produce quality CBD products, I've used them myself. Are they strictly CBD sales? Any hemp or MJ growing? I ask to compare market cap between them and FRLF. If they are focused solely on CBD I don't see why FRLF doesn't have the potential to eclpise their 500M market cap in time. Might take quite some time but with the diversity of revenue streams here I'm pretty excited for many multiples higher.
Thanks in advance for your time. Best to you with your FRLF.
Absolutely!
I've read back many, many months. Wasn't sure if you all had speculated on licensing %'s by researching what kind of deals other small companies had struck in similar positions in other areas for a nice wide-ranging guesstimate.
I would be bummed for tax purposes if it happens before this time next year or at least late-spring or mid-summer. I was late to come here only been acquiring shares for the last 5-6 months.
On the other hand for a nice price I'd be happy to pay full tax load on short term gain :)
I don't have the knowledge to know what kind of cut MYMX would get from that 1.9B per year if licensed. 1%?
Got it! Dollarland would be 300M valuation.
I could live with that :)
I wasn't necessarily asking if a nice break of .10 was an exit point :) Is there a specific event or market cap / pps would you consider selling some or all? Anyone on board is free to state their opinion. 100M market cap? 300M? 500M?
I'm curious what some of you envision as the best case scenario. No, I am not going to come back and taunt anyone if it never comes to fruition.
Is there a point at which you would plan to exit some/all of your MYMX position out of curiosity?
Investing in biotech is risky, difficult and unpredictable.
But man, if even one thing goes MYMX way here...... Several irons in the fire.
Welcome homie!
Did you bring some profits here? Interesting risk/reward scenario.
Actually I already sold 80% of that last few months to move here. Lucky timing :)
That might have been a wise choice. Positive guidance with earning pre market Monday and could be left out of another spike. Time will tell.
Did somebody get a sneak-peak at a filing that will show up after close?
Chart looks good enough that seller just dried up over those 6 days and resuming upward momentum.
Good stuff here FRLF, keep it rollin' :)
BKKyle I enjoyed your posts several weeks back. Are you still buying or looking to add? I'm discouraged with the execution here. Do you think they'll do anything at CEO or let Denkin run with it? He is a positive, persuasive public speaker but not seeing much beyond that so far? I'm holding off waiting to see if the company can get anything positive finished, or get testing revenues to pick up.
That's right Curt! After six consecutive trading days of declining volume and building a base. Uptick in volume today could be the beginning of next leg UP. Sure wish there wasn't a gap. That might have to fill real quick later today.
Hopefully a complete re-design in progress.
With the words "a Sanofi company" somewhere on the home page.
There were times
when a PR with positive news for HIV vaccine would move a stock up 500%. or 50%. or even 5%?
Nice to see them give us a "bone" as WH put it. I'll take it. The wait continues but sure seems like something big isn't far off.....
New PR (?!)
https://finance.yahoo.com/news/mymetics-data-regarding-cold-chain-133500521.html
New Mymetics Data Regarding Cold Chain Independent Virosome Based Vaccines to be Presented at AAPS in Washington, D.C.
[ACCESSWIRE]
ACCESSWIREOctober 11, 2018
-Poster presentation showing retention of structural integrity and good immunogenicity of spray dried virosome-based vaccine stored at different temperatures and administered as a nasal powder
-Poster presentation at AAPS - Washington, D.C., USA, Tuesday November 6th, 2018
EPALINGES, SWITZERLAND / ACCESSWIRE / October 11, 2018 / Mymetics Corporation (MYMX), a pioneer and leader in the research and development of virosome-based vaccines against life threatening and life disabling diseases, announces that new data will be presented by Mymetics' partner, Upperton Ltd., at the American Association of Pharmaceutical Scientists Annual Meeting in Washington, D.C., on November 5th-7th, 2018.
Since 2015, Mymetics has been leading a consortium to develop thermostable and cold-chain independent virosome-based vaccines. The project, named MACIVIVA, is funded as part of Horizon 2020, the European Union research and innovation framework program and by the Swiss State Secretariat for Education, Research and Innovation (SERI), and has a total grant value of €8.4 million. With the MACIVIVA project, Mymetics has brought together the leading contract manufacturers and the relevant expertise for spray drying, freeze drying and analytical techniques from the pharmaceutical industry.
The poster with the title "Developing Cold Chain Independent Vaccines - Spray-drying of Virosomes to Produce Dry Powder Formulations" will be presented by Dr. Richard Johnson, the CEO of Upperton Ltd, on Tuesday the 6th of November. Dr. Johnson will discuss that the successful spray drying of the Mymetics' HIV virosome-based candidate vaccine. The spray dried powder formulation stored at 4°C (40°F) or 40°C (104°F) maintained its structural integrity, while the liquid formulation showed strong structural degradation at 40°C (104°F). Further, a pre-clinical in vivo study confirmed that the nasal delivery of spray dried virosomes was an effective, needle-free route for immunization, with levels of immune response comparative to that obtained by subcutaneous injection.
Upperton Pharma Solutions Ltd., based in Nottingham, the United Kingdom, has a long track record in overcoming complex spray drying formulation challenges in the pharmaceutical industry and has an R&D and pilot plant facility for the manufacturing from small scale to clinical batches of spray dried drug substances and products.
The MACIVIVA project will end early November 2018 and may receive up to €5.3 million funding from the European Union's Horizon 2020 research and innovation program under Grant Agreement No 646122.
I will hold what I have and looking to add more at the first sign of some decent news or revenue increases. DIGP was potentially going to partner with non MJ labs that already exist in other states and share the profits with them according to interviews with Bianco. What happened to that expansion plan? Made lots of sense, much lower capital necessary to get your foot in the door in other states besides NV.
Golden opportunity in MJ/CBD testing, huge growth possible for DIGP if they can get the ball rolling!
Good luck to you jaymes and all of us :)
Yes, the sense of urgency to get the CA lab open concerns me. This joint venture was announced Sep. 25, 2017 (!) It's been over a year.
Here's a great quote from that PR:
"We expect to break ground on this project in the next few weeks and hope to be operational in early Q1 2018 just after the state-wide adult-use market is expected to launch, as we have already obtained approval from the local planning authorities for the entire complex."
Nothing like over-promising and under-delivering. Now there *might* be some kind of temporary lab by end of 2018?
This kind of execution is why 80% of my investment went out of DIGP at a somewhat minor loss and invested elsewhere. C'mon, give me a reason to come back!
Good luck Ranza. I'm going to hold off on loading up awhile longer. I need to see any dilution be more than just shares for employees. How many shares have been issued this year and for what? Shares sold for revenue producing growth would be nice. And possibly a new CEO.
Dr. Cindy Orser is my brightest hope for DIGP at this point. Huge potential for what she is doing. Need somebody in charge that can monetize that. But that guy unfortunately passed away. Access to the growing database Dr. Orser has set-up might just sell itself. 2018 is almost over. Earlier we were promised a lab up and running in CA. How far into 2019 will the wait for that revenue extend?
50 day MA .181
200 day MA .178
Golden Cross :)
Doesn't happen often on a chart. Longer term momentum has shifted. Sustained upward movement should resume soon.
The last couple times today volume died it was followed by a spike. Let's see if the trend continues one or two more times today.....
So much for building that pennant out @ .38-39 all week.
Now going to hang around that previous high as a base? Or blast through and retest the recent all time high?
Coiled super tight here for a bit .386 x .388.
Slightest hint of volume and FRLF is off and moving strong. Hopefully back up and not retesting .33. Let's make a nice short little pennant this week before resuming upward momentum next week :)
Good thing FRLF grows loads of hemp then, right? Or did you miss that and think all they had was Irie revenues?
From the 7/18/18 press release:
" We will have three harvests a year indoors and we also have the rights for an outdoor grow space of 20 hectares (over 2 million square feet and expecting 20,000 kilos of Hemp flower sale price starting at €45 per kilo)."
I don't know if you can grow MJ/MMJ next to hemp. I'm not totally up to speed on the outdoor grow space. But we do have access to different spaces for different products if that is required.
Does anyone know if the 20 hectares is adjacent to the greenhouse, or far away from it? My assumption is the outdoor grow space is next to the greenhouse. Perhaps they can purchase that land and build additional greenhouse space in the future?