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The Mona case is not dismissed. What are you talking about.
Back under a nickel on a little over $3000 dollar in trades.
Well, guessing. I would say each party is going to give up something, might not be 50/50 but some kind of a split. Failing that I think the next step would be binding arbitration, too soon to talk about that.
Labels are important you know.
I think that will be a theme for the rest of the year, especially the back half.
Yup, that went into arbitration. Still there as far as I can tell.
Yes it is, Very much looking forward to going over that SEC filing.
Thanks Darth. I think we all have an interest on that 23 farm bill. "The 2023 Farm Bill and the Future of Hemp". Certainly worth keeping up on.
Another $5700 dollar trading day. Not bad a little penny stock.
The trend is your friend
So what exactly is the goodwill in dollars for this company? What does cvsi say it's worth?
LOL, sure,sure. Wolfman says “No way would CV Sciences be willing to align with BS companies. Furthermore, $20 million is chunk change for CV Sciences to even being interested”
CVSI don't need it, can't use it, they laugh at 20 million, LOL!!!
Fantasy Island
You may find this interesting . The company's main product skew is CBD SINGLZ, which is a smokable CDB product. The displays hold three 25ct Singlz containing mango-flavored CBD rolls, Original Flavor, and Menthol.1606 Corp currently has enough inventory to fill orders for an additional 2500 retail locations. These products are enthusiastically being used by cigarette smokers to quit their addiction to nicotine.
$5700 in trades today, not to shabby.
A little surprised someone hasn't mentioned that golden cross coming up, you know, if you believe in such things.
Barcharts you say, interesting choice.
Sounds good for them, but it should be noted "This $20 Million-dollar financing is going to allow us to buy profitable CBD companies " that leaves cvsi out of it if you take it as face value. And thats too bad.
LOL. Fantasy island.
Well thanks Wolfman, but no I didn’t miss anything. And buying on the downside of a spike, not a good idea. Yes, very interested in those 4th qt sale numbers coming up as you mentioned, hoping for some turn around on those sale numbers, otherwise I’m afraid it will be just another drop in price. Who knows maybe just maybe they can breakeven. That based on a hope they cut enough on management, board members and workers, advertising and such to make it run lean. I know, I know dare to dream. We’ll have to see, I know I’m going to be all over those SEC filings, so it will all be there to see.
Well LOL, I don’t know who that gee wiz jim kid is you posted, but IMO it looks like he got almost everything wrong. Trades being held, LOL no, no they were not being held. A quick study of the trading that day shows as much. But no matter it’s about as opposite as it gets from my own thoughts.
Well, I do read this board every day. Not a lot going on in this sector, and with this stock until the SEC filings or some breaking news comes out.
Sure, It’s a 13g report that is required at the end of year if the holding is , in this case, 5 percent. Kim has 119 million in stock, if converted, including those 1 for 100 multiple voting shares.
Shorter version, she is rich and has to file the paper work as required.
Well, we all like facts. We’ll put out the current numbers and run a comparison when the Sec filings come out.
Let’s start with P/B which was already talked about here. For ref. under 1.00 would be a goal, however for some they want under 0.3.
Price to Book for cvsi is 5.72x, I know of no other in this sector that is higher.
Financial strength, nope. As they stated in the last 10Q they need to secure a loan. The problem with that is they have no operating profits and it certainly is questionable if their current assets would be enough.
And what about Profitability
ROE NEG- 250.71%
ROA NEG- 76.09%
ROI NEG- 228.01%
Growth rates - None
Operating Profit Margin NEG- 77%
Net Profit Margin NEG- 85%
Balance sheet, income statement, cash flow all falling since 2019.
In regards to earnings, they haven’t had any in 3 years. During that 3 year period they have went from over 6 dollars a share down to 5 cents a share.
These are all current numbers.
Now in less than 20 days I’m guessing we will have the 4th qt and year end numbers. We’ll see how they compare.
Getting close to 4th qt, year end sec filings and pr. I'm guessing less than 20 trading days . It should be real interesting on what they say this time around, and especially so with those data numbers. I very much look forward to those 10Q/ 10K reports.
sure if you bought in the 0.03's and sold in the 0.05's , yes that would be a win. Living the dream. However if you stop and look why it's in the 0.03 to 0.05 area, or if you look at why the company is down 99 percent, well, that's more of a nightmare. Be glad for small victory's I guess.
Trades yesterday. The big dump. As it comes down from that spike, expect more of the same.
https://ih.advfn.com/stock-market/USOTC/cv-sciences-qb-CVSI/trades
Well at least we got some selling volume at the end of the day. 2 buys total for the day, 4500 shares, 20 sells for the day, 134k shares. $7500 total. And down only 8.5 percent. All in all, a good week overall. Stayed above a nickel.
1/2 hr to go. 9 trades today, 3k buy 28k sell. Total equals DEAD IN THE WATER.
That Qrazy Qraig, can figure out a buy from a sell. No matter, still dead in the water.
Last friday we had $60k in shares traded. There was no reason seen for it. Best guess company diluted. This week ,unless it picks way up, there won't be 60k total for the entire week!
4 trades today, 800 dollars. 3000 buys/ 12500 sells in shares, DEAD STOCK REGARDLESS.
165 trades today, 45 dollars per trade, $7511 total . Not bad for a little penny stock.
Close $ 8979 in total dollars traded.
"$6900 dollars in total trades today, mostly down. 2 hours to go, maybe it goes all the way to 9000 in totals dollars today, that's a big day for a dead stock"
Yesterday and today there was that blocking wall setup. MM signals, swaps, alot of fun down here in the land of penny stock in the otc.
but my focus is on the CPI and it's effect on the big picture for now.
$6900 dollars in total trades today, mostly down. 2 hours to go, maybe it goes all the way to 9000 in totals dollars today, that's a big day for a dead stock.
This company cvsi is down 99 percent from it’s high. The reason are there for all to see. And there still there today.
Thanks for the post back. I think you maybe confusing revenue with net profit.
What ! If you could kindly explain that one. TIA
The way some of the stories concerning cvsi with mergers, partnerships are explained and the logic being used, I think were only 1 step away from "De plane! De plane!"
FYI - Law360 (February 13, 2023, 5:28 PM EST) -- The U.S. Drug Enforcement Administration said Monday that two acetate compounds chemically derived from cannabis — delta-8-THCO and delta-9-THCO — are Schedule I substances under the federal Controlled Substances Act, even if they come from hemp.