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Can someone explain the breakdown of why $20M is required for completion of an AMS building.
I have known home growers to get quite the setup completed for around a thousand dollars.
Yes, I understand scaling up will increase cost by a fair amount. It still stands to reason that the build out could be completed for under a million dollars provided the building is already erected.
I just don't get it.
Check your spelling, The end of your message means something entirely different than I assume you meant.
Can anyone post a screenshot of L2? Thanks.
Forbes estimate is for entire market, not specifically VPOR's portion of total CBD sales.
I would like to suggest a stop for the request of audited financials.
This company is not set for the type of growth and forward vision of a company that cares enough to invest in financial auditing.
It isn't going to happen.
The request for audited fins is simply white noise at this time.
I feel a sense of Stockholm syndrome with this company.
6 months ago, I felt I had found the next big thing. A product and forward thinking company that would provide me with a nice return on my investment.
Three months ago, I was punched in the gut. I gave them the benefit of the doubt as the initial release had just occurred, and sales were likely not yet fully logged. At that time, I decided to hold on for next quarter, to see if the hype would meet realistic outcomes.
Over the past 3 months I haven't really seen anything to build my confidence in the business plan. The marketing has been abysmal. If those costs eat up revenues, it will be highly disappointing.
So now, I sit waiting for the next fins release, hoping for some improvement on results, management, and transparency.
Back at the last fins release, I decided to sell if disappointing this time around. Yet here I am, about to see fins within a week, and still thinking that maybe I would be willing to stick for one more quarter. You know just in case.
It's like that relationship you just can't seem to leave
Thinking on the clever wording of the sixth holding arm. That it would give us all the opportunity to "buy a house" - What if it is a mortgage/title company? That might explain the JV with NECA, and would also provide a chance to buy a new home. The other possibility I thought of may be developing some sort of REIT.
Based on my experience with business double talk, I have to say this would be a rather likely scenario.
Call it sells if you want to, I call it buying at a bargain price.
I agree.
I really just like to call out marketing fluff when I see it.
A major hit would be financials filed and posted showing record revenues and profit.
Maybe my metric is a little different.
It is good to see movement on the plan of development.
My real takeaway from the segment was sympathy for Las Vegas citizens. Those were some of the least intelligent and annoying newspeople I have encountered. Must be tough to sit through that daily.
VPOR doesn't have the management direction, vision, or integrity to pursue a strongly diversified corporate portfolio.
If they can even wax the integrity issues, the company still needs to deliver results on current projects.
In my opinion, they don't have the margin to diversify.
Hahahahahaha, joke of the day so far.
No change since the conference call, likely not a reality.
Thank you. Been here a while. I have been building my position here, and still have a bit to go before I reach my target position. The information gained here is helpful in deciding to hold this position for the big show.
Today, I expect to see a little sell on the news BS.
The good news though is that a step back to look at the long term chart shows this consolidation period is approaching the same time frame as the previous one.
So, not today, but soon I expect to see the next leg up beginning. It is likely to happen within the next two weeks.
BarcChart gives SGMD a good BUY signal.
https://www.barchart.com/stocks/quotes/SGMD/opinion
I believe the action seen today and the last few days is the natural organic growth we would have been seeing prior to the debt conversion. I feel this will return to where it would have been prior even if no further external stimulus.
A vague statement of compliance to questioning is providing the minimum expected of a public corporation. Better information would be to provide the specifics of the questions and the answers given.
That would be information, that would be getting ahead of the lynch mob.
Simply stating that what is expected is being done is some serious gold star effort.
Participation trophies for all involved.
I love the business world, releasing that statement with the only tangible information being we answered some questions.
Good job corporate, that's as good as a preschooler can do.
My point exactly.
This site needs a sarcasm font
Thank you for the highly informational insight and guidance on this stock.
I will take this into advisement.
That is a good outlook. Thank you
Biggest question I have is what is the issue with this stock?
I have been here holding for a few months now. The price has been stagnant, volume relatively low, and even with recent news of profitable quarter there has been no appreciable change in this stock.
There are catalysts, a rumor of audit and uplisting, but based on what I have seen since holding here, I have no confidence that this will truly affect the share price.
Any answers or direction would be helpful.
I am not trying to bash, or create negative buzz for this stock, just trying to understand.
Addressed as in, that's the story we've been fed.
Thought on the dropping price and daily unloading... Just how much dilution is necessary for a 12 million CD funding for AMS?
What if this is debt repayment following in the footsteps of O N C I recently where we saw prices fall by nearly 50% only to regain footing once announcement of debt reduction and reduced price of debt coming to completion. A zero debt company will make far more than one mired in interest payments.
I feel due to their partnership, it is likely they are employing similar strategies.
I look for this to continue a short while longer and will bounce once announcement and financials brought to current.
For me, an opportunity to load and average down from an already not too high price is how I see the current state of this ticker.
Looks like the final outcome was a 75:1 Divvy
Holy Crap! Mine Too.
Sure, it isn't yet tradeable, but it sure surprised the heck out of me to see it there.
Based on current outstanding debts and current share structure, how much more dilution can we expect?
Assuming shares were issued for purchase of Nipton and for financing of grow house in AZ, is it possible that these shares will come to a close anytime soon?
I know they have been doing this dance quite skillfully for at least as long as I have held shares, but it seems a time may come when this practice ends. While it is likely the company may fold before this happens, I still watch for entertainment value.
Luckily, I sold the value of my initial investment in the early August spike and am now riding the remaining shares free. I continue to hold due to potential and amusement at the genius of their scammery.
I think it would be a bad idea. LOL
That's not impressive. It is cheap and tasteless.
But when the financial statements appear to be put together by a teenager on excel, it follows that teenage objectification would be the heart of the marketing campaign.
The flaw here is that the momentum from statements of things to come has waned, and now is the time for results. The company has continued to present predictions, but the wave of momentum from predictions crested back in May. Then it was "slow time for all stocks" or "Summer break, nobody trades in Summer". Then came "wait until September, that will be our month" and "wow, this Israel thing will be huge"
All of these may likely be true (well, except September has passed) - however, anticipation of future results was the impetus for the early wave of this current valuation. Much of that anticipation purchased in early and either held or moved on.
Currently, more predictions will not move share price to a significant degree. Now is the part of the business plan where predictions must turn into results in order for company value to increase.
The market doesn't want more predictions, they want results.
pic to prove?
For the sake of clarity, will the share reduction lower float of this stock to 129,000,000? (Per recent numbers on OTCMarkets)
Just put buy of 50k on NECA at ask .0009, filled at .0008.
Professional bagholders shouldn't be wading in the risky waters of the OTC markets. The sign clearly says adults only, enter at your own risk.
This rehydrated shell tripled my money today. Shell or not, it's okay to me. I'll take profits.
Honestly, I am quite impressed and amused when I get to do it through a "shell" or a "scam"
The bottom line is the bottom line.
When I see talk of uplist, it strikes me that we haven't met minimum requirement for QX, with highest share price still over .01 from minimum. Why would we not uplist to QB initially since this level has been accomplished, and possibly grow to Nasdaq or even QX from there?
I thought you sold off your position. I fail to understand the stream of your posts.
As of right now, they are doing no marijuana.
Fact