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Bloomberg.com still has Ron Throgskins at 1.2M per year...after this recent dump, about half or more of the MC. And the MC used to be, 5-6 months ago, at 600K, so he was doing double the MC for a while. No one has ever had anything good, bracing or reputable to say about Throggy. If anyone has anything provable about Ron Throgmartin, we'd love to hear it, good or bad. He seems like a red faced thief to me.
How the hell did this POS ever get in there? Did/ does Shively not give a damn about his thing he founded or what's the f*ck!ng deal here?
Can't everyone make enough money running a real company rather than just printing little sh!tty stock paper and dumping it?
I'm trying to get either a hostile take over of this thing going or a class action lawsuit. The stock market is full of sketchy robber turds. Even a beautiful brick and mortar selling the most popular thing in 75 years can't be solid because lazy, sketchy farts like these bums gotta chew the legs off.
Or go throw some eggs on something like Ron's car.
Ron, you're an a$$hole and I know your karma is burning you right now, right in your ulcer. You deserve it all.
they're not morons, they're a$$holes and theives
Additionally, I'm about to start posting on Leafly, Google, et al that the store is rubbish, and I have articulate first hand experience that I can frame as such.
After that, I will be all over their facebook and Yahoo finance writing about the BS these guys enact until I'm satisfied, which could be months from now, as I am very pissed off.
I definitely have 20 minutes a week until I don't know when to devote to fighting these crooked people.
Ron is not inept. He is a crooked human and a thief.
He's doing exactly what he is good at and that's steal and be dishonest.
I wish he was only a rubbish CEO, but instead he is a crook.
Nello is too by association.
What do y'all think the new OS is going to be?
I'm saying 62M...
I implored Ron and Nello in separate emails just now to have a heart and care about any share holder and stop the dilution.
I never hear back form Ron. If Nello can find something in my email that he wants to answer, he sometimes does, but he had nothing to say about why Ron gets 1.2m per year, which I recently asked.
I'm pretty bummed that such a great store is such a rubbish company only because selfish men are taking advantage of people like us.
Where's Jamen? I think we're going to 54m OS as we speak...
Total robbery...
There was four MMs on the bid/ ask last week and now there is 12. Probably Ron's cousins.
Would be a better time to buy after the next RS in early 2020.
Ron doesn't care about the share price because he gets a bunch of shares every time he prints more.
Isn't that our narrative? That there will be news after the 10K? Did Nello tell someone that?
Ron's on the dump. Leadership is more than weak, it's extractive and poisonous. Hopefully, someone's boys are picking up cheap shares as some news is coming and gearing up for a pump...Here's to fingers crossed...
The MMs have been looking for weeks like they are selling to each other and themselves to rinse out whoever gets scared.
If the OS doesn't go to 100M and any kind of legislation happens (what's up with that banking bill anyway?) then it should be fine.
Buffet says if you don't want it for 10 years, you shouldn't have it for 10 minutes.
At least this thing has some brick and mortar and isn't some total make believe biotech scam.
Does DP make money from the grows or just the rent from them?
Admin costs down by almost a half! I was wrong and these financials, at first glance, look tighter and acceptable. I feel better about being long after my cursory look.
Maybe this thing isn't run by flat out crooks.
Patience, me.
Now, if I could just not look at this for months at a time instead of 4 times a day, I might be more pleasantly surprised.
Like I said, the Denver store makes other dispensaries look like crappy corner beer stores; it's barely even the same type of place. I went in hard based a lot on my experience there.
The state is already getting their taxes from CO Wellness, so, yeah, no rush. DP already paid their application fee.
Still can't believe they dropped this weed blow out PR and not a peep about Nick and Nello speaking at that conference. I'm still a little confused about that.
By sometime in 2020, we might just be smoking that El Dorado...
Nello wrote a couple weeks ago that the financing for the build out of the second store was secured.
Whether that means doubling the OS is anybody's guess.
This Leafy with Diego second store is kind of fake.
Like I said, I went there and there is no 'Diego coming soon' sign like the Leafly purports. Photoshop?
We'll be looking closely at the numbers for 'administrative costs' or whatever that's called. I bet it's going to be higher than last reporting by 1M. Ron's business dinners. If laws change before Ron kills this thing, it ought to be sweet. I feel like this whole thing could go up in a slow motion puff of smoke as easily as go nationwide.
Anyone try to navigate that CO state revenue website I posted? I saw nothing about the second store...
C'mon Snoop! C'mon Acreage, you know you need a brand!
It is like 5M in administrative expenditure, yeah?
I have no agenda.
Quigley, I asked you where you got this idea that the second store was awaiting regulatory approval twice, but you never answered.
Nello told me the same story on that one, but trying to go DD on it, I got in touch with this Mr. Poirier from Colorado Revenue to see if I could find the status of the second store's application process. I could not, but didn't try super hard.
This is some CO gov database that anyone is free to surf and poke in.
I'm not sure I have all the skills like others on this board do to read the financials and what not, but I can make phone calls, which I have done, and write emails to try to get a sense of what is going on. Instead of trading/ dumping based on what I have found (PS, I went to the proposed second store's location and took a few pictures, no trace of DP there, though the phone answerers at least have heard of DP), I'm holding my 116K lottery tix in hopes that some banking legislation makes us be able to buy the stores and get some non-dilutive financing to do anything. Or Green Growth buys us, or Snoop (C'mon Snoop! Diego's brand is BOSS!).
Right now we have dilution and nobody on this board has sufficient answers as to why.
Nello's salary is about 300K shares a month and let's not even talk about Ron because his recompense structure is the single most poisonous factor in this company's stock moving forward. The 5M bucks or whatever in administrative negative dough on the books is Ron taking people to dinner more than 0%. 29YI suggests more than 0% of those are ladies and I don't doubt it.
I'm thinking about reaching out to Jamen Shively, DP founder, to see what he has to say about anything. Are Ron and Nello also the board? Sh!t.
I've been working in an irrigation ditch in CO cleaning it out while these guys go out to dinner on our dimes.
I'm saying, I've been to the Denver store and bought product, talked with the doorman, the budtender that I walked with and the guy running the Posibit (VISA to Bitcoin to cash point of sale) machine next to my purchase, another budtender. About 700 people a week shop there spending an average of $70 a visit. But that is from October or something.
My tender, a beautiful and generous Latina woman said she heard whispers of FL, NY etc. And of course the second store. This was months ago, around the time of the RS.
Based on how nice the store was and the experience I had, and what they told me, I went pretty big, for my account, into Diego.
Like I said, Ron is so bad, as far as I or anyone else knows, that I can only see this going well with an Acreage or someone buy out of the brand or some legislative change in bank movement. I imagine these guys have their fingers crossed for some Deus Ex Machina like that as well. Why they didn't PR that Nick and Nello spoke at this $700 a ticket event last week is beyond me. I'm hoping they are accumulating for the 'big news' we all are on pins and needles for. DPWW is not helping my grey hair situation and neither is this board, as there is little sweet to report.
I've been in all kinds of Cannascam stocks that are half real with sketchy head men/ sketchy activities, like Maricann, MyDX, Invictus, and now maybe my other lottery, InMed. I'd love to just let this ride for a couple years, but like Yahoo said, could approach goose egg and my work in the ditch, while seasonal, is not easy.
The last great 100 x'er? I still have hope...
I am aware that this is not any pumper post and that my own investment may be adversely affected, but this is honesty, which I think the world can use. 29YI, you got my back? I hope y'all ain't mad at me, I'm trying to help us all. I could use DP's help to graduate the ditch and am down to smoke the El Dorado with the dude who said he's buying when shares go to $2. In December!
Good morning Mr. ****,
We have two resources that may be of help to you. First, on our website (https://www.colorado.gov/pacific/enforcement/med-licensee-information), we have licensee information available. Second, you can also submit a Colorado Open Records Act request. More information on how to do so, including applicable forms, can be found here: https://www.colorado.gov/revenue/cora.
Please let me know if you have any other questions or concerns.
Best regards,
Christopher Poirier
Agent in Charge
Marijuana Enforcement Division
Investigations Section - Denver Metro
As the foil to Silent Ron, we have Writey Nello.
He wrote me back twice this week after I wrote him an email and sent a message through the website. My tone with him was somewhat aggravated, his tone in return was professional. It took him about 4-6 days to reply.
Quigley was correct, even though he never told me when I asked how he got his information, regarding the second store awaiting state approval.
Nello reiterated that the team is working daily on building the brand. Hopefully, we can get some bank money and not issue more shares to keep it rolling. Fingers crossed on this legislation...
I hope Acreage or Snoop buys us out.
Does anyone know what day of the month stock OS's are updated?
Quigley, where did you get this info/ idea that DPWW was waiting for some sort of state approval for the second store?
Does Rancher Ron really get 1.2M a year? That's almost two stores worth of build outs...
Noy said he was okay with dilution up to 50M. I hope for all our sakes it ends there...
new banking legislation in the works?
Quigley, this is very specific info about this second store waiting for the state approval. Where did you find this information?
I would be fine just sitting on this stock for two years and then looking again, but the OS might be 240M by then, in which case my shares would be worthless. There's got to at least be some financials coming out before the end of 2019, so that ought to be something. What's the last 20M shares for? The grows? I don't think the second store is going good. Isn't it 5 weeks late right now?...Lots of clever and secret scams in cannabis in particular and the business world in general. I just have a sinking feeling is all...
This could be the last possible cannabis 10,000% er...the market is pretty forward. And I guess that's all of our fascinations. If they turn the corner, the dream might be alive,but the silent dilution is deeply disconcerting. Let's not see a third RS shall we not?
I've been to the Denver store, its lovely. Visiting there made me buy more shares. But, to be honest, after this phone call, I'm afraid to go to the 'second location'...I'm not sure I'm going to see the wood cases or anything premium at all...29YI...you wanna call them and slyly ask about how the remodel is going? It's an hour or more to Denver and I don't like driving in the city much...
how are they going to pay for anything? They can't even get the second Colorado store open...I had delusions of Boston, etc...Does Acreage need a brand? We went from 20M OS to 40M with nothing to show for it but Nello's raise. No guidance, nothing. We could go to 100M OS no problem with nothing happening. We;re going up 3M os per month.
How does that even work that these guys get a guaranteed percentage of the OS? When they issue more paper they get their cut every time? Then they dump them and I try to be optimistic...When that 6 page 5 year projection came out, why did whoever even care to write that? Were they hired by Ron and the Diegos?
I like the store, really I do. It's lovely, but unfortunately, I'm not sure that means anything.
I feel like they could fold up the tables, snap them shut and get outta dodge with ease...
That second store is still answering the phone as 'Colorado Wellness Associates' or something. they said is isn't called Diego yet and they don't know when it will be. Ownership is still transferring the woman on the phone said. That will be an announcement, as I don't think it has been PR'd yet.
I was very excited for this company. But now, that financial statement that BDIY posted made it seem like we can expect to go to 60M OS at least. I didn't dig in at length, but this document also expressed concern that DPWW can continue to exist as a business at all. Maybe that's how it got to 400M shares before the split.
Is it really possible that this is yet another Cannascam stock? Yes, it is possible and that is sad. Lots of sketchy stuff going on. This permanent 10% shares to Ron...does not make me comfortable. Not really sure what to do here. I have 116k but am worried this is the bloating Aurora Cannabis of Colorado, an early, then annoyingly dilutive position which I dumped to go bigger here. I think I need to have less shares in this and more in something moving, potentially growing and more certain to be a real business than just a scam.
Where can I see 'the books' that this debt is on? Sedar? Is there more debt based dilution to come?
We basically went from 20M OS to 40M without anything happening except Nello got a raise. We could go up in OS 3 million shares every month and not even get the second Colorado store open.
Is this going to 80M OS from pre R/S debt and not even a new T-shirt design to show for it? There's so much sketchiness in this industry ...are these guys part of it? I thought we had a good thing going here...
Dear A****,
Thank you for your email.
We appreciate your concern with the dilution.
The majority of this comes from convertible debt that has been on the balance sheet.
Please look at our public filings
And thank you for noticing the error on our website. We will correct
Lastly, Nick and I are speaking at a cannabis conference in early April.
We appreciate investors that pay attention.
I want you know that we are working everyday to grow the Diego brand.
All the best
Nello
well that's not a very exciting use of dilution now is it? not sure anything exciting is coming our way any time soon...
Yeah, Noy, we are a little down.
Can you pep talk us please?
I just email Ron and Nello asking what they are using the dilution for, suggesting 'cannabis' in the name and a PR about Nello and Nick at this conference coming up.
The central website still has this old 20m OS on the investor dashboard.
what's Nello's email again please? I'm feeling uncomfortable...
It looks like the MMs are selling to themselves/ each other, the exact same names are on both sides of bid and ask...
what's Nello's email? He's the point man with the nice raise; can we get a few answers from him?
May? Ouch! We've been talking about something being released and some news that is exciting after that for weeks.
I saw this site that had charts detailing internal stock movements; anyone know of one of those?
Hopefully Nello did something to deserve that raise. Is there not some law about letting share holders know about dilution?
Nello claimed there was something to say of some sort of news type nature after these financials, yeah?
There are some financials coming out some day in the not too distant future? When is that?
If we get a few more people who want to buy 100k plus shares like the rest of us via some crazy facebook thing, it would be good. I know it is peanuts right now, but still...more Diego press/ connection everything is better, it seems
29YI was calling the transfer agent to check on dilution; that's the DD i was writing about.
it's not a huge action, but i just liked all things Diego on FB, i invite y'all to do the same.
saw the 'where's the LA one again' comment...
29YI!...Deep DD coming through!
Also 40 states in the US are really not available for Diego to look at. As of just now. FL is only medical and that isn't Diego's bag.
Boston would be a sweet dispensary announcement and is possible. IDT Miami is feasible, but a store there would be amazing. While the market is indeed growing and stocks are green, there is a LONG way to go, with only 1/5 of the country having rec cannabis. I like something like a Burlington store...
Diego Omaha, Austin, Phoenix still a little ways away. Diego Atlanta also not this year.
We all would like to be in the green at least, for sure...I do agree this run to 0.35 (was is really only 0.25?) was partially connected to this article featuring DPWW. Some news and we will get going, but the end goal of longs smoking this El Dorado is still many months and months ahead...
All this "$25 stock" talk comes from a projection report that has this $60,000,000 revenue the pps of 20+ is based on being 5 years out.
Can we foster optimistic patience here? Sometimes this board wigs me out...This conference news dribbling around is nice...I like this professional letter to news outlet idea...
Most companies would do a PR regarding two chief officers speaking at a cannabis conference...
I heard about DPWW from a Seeking Alpha comment about some other company.
Is it good/ bad/ weird to drop the ticker in comments and such to drum up some interest? Anyone doing freestyle PR in this way?
DPWW is only in Rec states of which there are only 10. WA, CO is covered (although Starbuds has 14 or so dispensaries in CO, none in Denver, and were talking about going public for a while, so CO has a lot to offer, or did). OR is pointless.
CA might be reasonable somewhere. Boston, Detroit, DC...Burlington?
Anchorage? Not Anchorage. All we need here is anything. Four more stores in all kinds of locales at this time is not feasible. Or required. Planet 13 has a single store in Vegas(more coming, but still), 73 million OS and a $140million market cap.
I'm trying to talk myself out of impatience.
The grow is also a rental and so only rental money comes in from that?
also, just curiously, the run up to .35 was when everything else was deeply red, the whole market, it seemed. what's up with that?