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pink limited as of 5-19-22
My bad...
Did I read it wrong?...
They had me worried it wasn't going to happen...
On March 21, 2022, pursuant to stockholder consent, our Board of Directors authorized an amendment (the "Amendment") to our Certificate of Incorporation, as amended, to affect a reverse stock split of the issued and outstanding shares of our common stock, par value $0.0001, on a 1 for 1,000 basis. We filed the Amendment with the Delaware Secretary of State on March 21, 2022. On April 25, 2022 the Financial Industry Regulatory Authority, Inc. notified us that the reverse stock split would take effect on April 27, 2022. All common stock share and per-share amounts for all periods presented in these consolidated financial statements have been adjusted retroactively to reflect the reverse stock split.
Denver, Colorado--(Newsfile Corp. - May 18, 2022) - CBD of Denver, Inc. (OTC Pink: CBDD), a distributor of CBD and cannabis flower and a producer of a full line of CBD oil and unique products sold in Switzerland and throughout Europe, filed its first quarter financial statements on OTCMarkets.com for the period ended March 31, 2022.
CBD of Denver generated $908,086 revenue in the first three months of 2022, with a net loss of $314,248 mainly on an inventory write down of $102,856.
The business was negatively impacted in the quarter by the reintroduction of COVID controls across Europe and pricing pressure on CBD flower. These trends have already reversed, and the Company's April revenue nearly surpassed the entire first quarter's revenue as prices began to stabilize.
The Company completed a restructuring in March to reduce costs, putting itself in a stronger position for the next phase of growth in Europe.
"On the surface, the numbers don't tell the full story and should be viewed in context. While revenues at 3.5% margins don't usually result in overall profitability, my mandate is to transform this business from a commodity trader into a higher-margin, multi-pronged, health and wellness powerhouse in Europe and Asia. With the acquisition of Mellow and further expansion into medical cannabis sales in Germany, we are well on our way toward achieving this goal," said CEO Paul Gurney.
Highlights of Business Transformation Plan:
The Company aims to be the first commercially viable cannabis company in Europe with the mission to build this business according to an:
Asset light business model - Leverage strong grower, trading, and retail relationships
Dominate geography - Premier cannabis entity in Switzerland expanding into adjacent countries
Focus on profitability - Cost control and growth markets
Acquisitions
The roll-up opportunity in the Europe is ripe and management has a pipeline with complementary businesses; management has deep capital market experience as a deal maker to leverage the CBDD hemp platform across Europe
CBDD announced the acquisition of Mellow, a CBD technology and marketplace., in April; Mellow has reach into Europe and Asia and just signed an agreement with a large cannabis LP for distribution into Asia
Wholesale
Opportunity to right-size the hemp trading revenue model to focus on higher-margin opportunities and cross-sell products across the entire value chain to Germany, France, Netherlands, and others
Branded
The recent acquisition of Mellow brought their "Grow by Mellow" business into the CBDD family. This CBD focussed advertising agency gives CBDD the capability to bring the big US brands into Europe and offer a turn-key solution from CBD sourcing, manufacturing, distribution, and marketing.
Retail
Mellow's other businesses gives CBDD reach across the UK, Europe and now into Asia. This online marketplace provides robust data intelligence on CBD buyers, and a go to market strategy to bring US CBD brands into Europe. The market is the second largest after North America and is estimated at ~US$2B with a 33.5% CAGR out to 2027.
Expansion of physical retail presence within Switzerland (population 8.8m), outside current store footprint in St. Gallen and into Austria and Germany.
Medical
The German medical market is currently worth ~$300m and growing. CBDD is rapidly building out an experienced pharmaceutical sales team to access the doctor and pharmacy community. A low-cost model with significant upside in the largest legal market in Europe.
"Adding four other lines of business to CBDD will help diversify and stabilize our revenue streams. While it will also provide the opportunity to improve our margin structure to our long-term target of 20-25%. It's nice to see our revenues in wholesale rebounding, while we remain laser focused on building a stronger and better business to capture this historic transformation in Europe," said Gurney.
European cannabis market update
The European market is at an inflection point, with cannabis reform a question of how and not if. CBD is fully legal across Europe and the medical markets continue to develop, such as in Germany which grew 43% in 2021. With a population in Europe of over 530 million, 50% bigger than the combined populations of the US and Canada, the potential scale of the adult-use market is immense. It is estimated that around €354 million worth of unlicensed medical cannabis will be sold in Europe 2022, and Prohibition Partners project this will grow to around €2.3 billion by 2026.
Germany continues to see positive momentum with the German Finance Minister confirming the process of legalising recreational cannabis has started. While the Mayor of London was visiting California last week appointing a drugs tsar to explore legalisation of cannabis.
Investor Conference Call
The Company will host an investor conference call via Zoom today, May 18, at 11:00 a.m. ET. Please click the link below to join the webinar:
https://redchip.zoom.us/j/89887269653?pwd=aEpWMVFBYVJJbVZweVdLSWovV1hpZz09
Passcode: 276215
Pink Limited Information...downgraded 5-18-22
Here we go down that rabbit hole again...
Winning Team Publishing announced Monday that it will publish The Crime of the Century by former President Donald Trump, a book outlining Trump's baseless claims that widespread voter fraud robbed him of victory in the 2020 election.
The announcement did not include a release date.
Trump teased the book at a rally in Austin, Texas, on Saturday. The "heist" of the 2020 election was "one of the greatest crimes in the history of our country. And sadly, the prosecutors don't want to do anything about it," Trump said. "This is the crime of the century. I'm actually writing a book about it called The Crime of the Century," he added.
Holy Crap!...a book!
Got it...thanks.
Thank you...there were also a ton of pennies that went "expert" this morning...maybe the new rules are working?
This is a new one..."hasGracePeriod Removed"...
A bunch of pennies came out with that designation this morning...
What that all about?
By noon yesterday, 5 times today's volume had ticked off.
This will likely go nowhere until they put up more than some guy's (paid for?) opinion as to DMAN's value.
Favorable audited numbers are the only thing that will prevent DMAN from going sub penny
we look like your "other" chart...
More than three decades after it became the first American fast food restaurant to open in the Soviet Union, McDonald’s said Monday that it has started the process of selling its business in Russia, another symbol of the country’s increasing isolation over its war in Ukraine.
The company, which has 850 restaurants in Russia that employ 62,000 people, pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.”
Color me disappointed!
This guy is all over pinkies in stinkie land...and the Vegas area is a hot bed shells...jmo
Jonathan D. Leinwand, P.A.
Securities Counsel
18305 Biscayne Blvd, Suite 200
Aventura, FL 33160
+1 954-903-7856
www.Jdlpa.com
ASSOCIATED COMPANIES
NAME CITY COUNTRY SYMBOL TIER
Accelerated Technologies Holding Corp. New York USA ATHC Pink Limited
Affluence Corp. Boulder USA AFFU Pink Current
All American Pet Company, Inc. Xi'an CHN AAPT Pink Current
Atlantic Energy Solutions, Inc. Sheridan USA AESO Pink Current
BIOLIFE SCIENCES INC. Henderson USA BLFE Pink Current
Bayside Corp. Weston USA BYSD Pink Current
Bell Buckle Holdings, Inc. Naples USA BLLB Pink Current
Blue Water Petroleum Corp. Cheyenne USA BWPC Pink Current
Buscar Company Beverly Hills USA CGLD Pink Current
Business Warrior Corporation Las Vegas USA BZWR Pink Current
CBD of Denver Inc. Centennial USA CBDD Pink Current
CURATIVE BIOTECHNOLOGY INC. Boca Raton USA CUBT Pink Current
CYIOS Corp. Deerfield Beach USA CYIO Pink Current
Charlestowne Premium Beverages Inc. Charleston USA FPWM Pink Current
Clean Energy Pathways, Inc. Sheridan USA CPWY Pink Limited
Cordia Corp. Reno USA CORG Pink Limited
EVCI Career Colleges Holding Corp. Sheridan USA EVCI Pink Current
Ehave Inc. Aventura USA EHVVF Pink Current
Empire Global Gaming Inc Bellport USA EPGG Pink Current
Fame Productions Inc. New York USA FMPR Pink Limited
Friendable, Inc. Campbell USA FDBL Pink Current
Full Motion Beverage, Inc. Plainview USA FMBV Pink Limited
Fusion Interactive Corp. Oakland Park USA FUIG Pink Limited
Galenfeha Inc West Palm Beach USA GLFH Pink Current
GiveMePower Corp. Torrance USA GMPW Pink Current
Grand Havana, Inc. Virginia Gardens USA GHAV Pink Current
Icoa, Inc. Las Vegas USA ICOA Pink Current
International Consolidated Companies, Inc. Sarasota USA INCC Pink Limited
International Digital Holding, Inc. Winter Garden USA IDIG Pink Current
Life Clips, Inc. Aventura USA LCLP Pink Current
Life's Time Capsule Services, Inc. Newark USA LTCP Pink Limited
Luminar Media Group, Inc. Toronto CAN LRGR Pink Current
MOON EQUITY HLDGS CORP. Delray Beach USA MONI Pink Current
MedX Holdings, Inc. Cheyenne USA MEDH Pink Limited
Medical Cannabis Payment Solutions Cheyenne USA REFG Pink Limited
Millennium Prime, Inc. Miami Beach USA MLMN Pink Current
Mycotopia Therapies Inc. Aventura USA TPIA Pink Current
New America Energy Corp. Salt Lake City USA NECA Pink Current
On4 Communications, Inc. New York USA ONCI Pink Limited
ProText Mobility, Inc. Aventura USA TXTM Pink Current
Quanta, Inc. Burbank USA QNTA Pink Current
Quantum International Corp Greenwood Village USA QUAN Pink Limited
SUTIMCo International, Inc. Cheyenne USA SUTI Pink Limited
Skywealth Group Inc. Hong Kong HKG SKWG Pink Current
Symmetry Technologies, Inc. Fort Lauderdale USA SMMR Pink Current
Telco Cuba, Inc. Ormond Beach USA QBAN Pink Current
Tele Group Corp. New York USA TMLL Pink Current
The Movie Studio, Inc. Fort Lauderdale USA MVES Pink Current
Viva Entertainment Group, Inc. Briarwood USA OTTV Pink Current
Wearable Health Solutions, Inc Newport Beach USA WHSI Pink Current
White Label Liquid, Inc. Ormond Beach USA WLAB Pink Limited
If I could figure out how to post screen shots I'd show you...
DTC shares
new - 2,613,220,824
old - 2,663,220,824
diff - -50,000,000
5-14-22 OTCM link
Only changes I saw this week...
Market Cap 1,791,003 05/13/2022 increase of 447,751
and a address change to "99 wall street" like that's impressive?
50mm share reduction from DTC after hours?...
SFLMaven Provides Corporate Update Ahead of Launch of Metaverse Store on May 18
Press Release | 05/13/2022
FORT LAUDERDALE, FL, May 13, 2022 (GLOBE NEWSWIRE) -- SFLMaven Corp. (OTC PINK:SFLM) ("SFLMaven" or the "Company") (www.sflmaven.com), a leading provider of high-end luxury goods, is pleased to update current and prospective shareholders as the Company moves toward significant strategic goals centered around the full launch of the SFLMaven Metaverse Store, which will go live on Wednesday, May 18, 2022, at 5 p.m. ET.
I'll get you one...
Traeger Non-GAAP EPS of $0.17 beats by $0.09, revenue of $223.7M beats by $13.52M
04:08 PM | Traeger, Inc. (COOK) | By: Mary Christine Joy, SA News Editor
Traeger press release (NYSE:COOK): Q1 Non-GAAP EPS of $0.17 beats by $0.09.
Revenue of $223.7M beats by $13.52M.
For FY22: revenue is expected to be between $800m and $850M (vs. consensus of $823.90M).
Thank you...
Who does math...what's expected sp after split?
BRYYF is big in Sunny's discord...
Time to take a break for a while...might take up knitting or something!
The sector continues to be in a holding pattern waiting for something to happen in Washington. In the meantime it continues to trade like an emerging sector with higher volatility than the market and worse performance due to challenges with new investors entering the sector. We are continuing to watch Senator Schumer's comments closely over the next few months to see if the catalyst the industry desperately needs could be on the horizon.
Poor performance of cannabis stocks recently is underpinned by waning interest in the sector judging by the falling volume in the world's largest cannabis ETF. Average volume is down 50% from the high in late 2021, though increased last week in a very negative tape.
We use cannabis ETF volume as a proxy for retail investor interest in the sector. Rising volumes would be a confirming indicator that investor interest is returning to the cannabis sector.
"Grizzle" 5-10-22
why not...lower than that in Feb...
Are you kidding me?...I got to high again!...I wonder who belongs to those #'s?...Apologies to all.
Welcome to my other bag!
Updated 5-9-22
Market Cap 1,628,348 4-29-22
change; 13,048,125 5-6-22 (increase of 11,419,777)
Authorized Shares 5,000,000,000 4-26-22
change; 10,000,000,000 4-29-22 (doubled)
Outstanding Shares 1,809,275,173 4-26-22
change; 7,675,367,567 4-29-22 (increase)
Restricted 315,504,231 4-26-22
change; 324,080,169 4-29-22 (increase)
Unrestricted 1,493,770,942 4-26-22
change; 7,351,287,398 4-29-22 (increase)
Held at DTC 7,338,548,180 04/29/2022 (same)
Float 7,313,395,632 1-13-22
As of 5-9-22 OTCM SS...CBDD
Market Cap 21,487,394 04/22/2022
change; 20,385,476 5-6-22
Authorized Shares 6,000,000,000 04/22/2022
Outstanding Shares 5,509,588,107 04/22/2022
Restricted 836,160,663 04/22/2022
Unrestricted 4,673,427,444 04/22/2022
Held at DTC 4,662,070,058 04/22/2022
Float 4,473,427,444 12/31/2018
Dated; 5-6-22
We went Pink Current on 4-27-22
I like this one...
In the Metaverse, bet on companies that understand the technology and are already making moves before the great migration. A small company called SFLMaven (OTC:SFLM) recently bought a plot of land in Decentraland for a Metaverse store. While in real life, SFLMaven is an eBay site that sells high-end jewelry, in the Metaverse, the company is transitioning to the NFT market and has recently partnered with MetaSkins Studios to launch an exclusive line of NFT jewelry.
What does that exactly mean? For players in Decentraland, NFTs are seen as an investment over time. Players can purchase them at stores like SFLMaven and decorate characters or alternatively trade or flip them in the marketplace. This creates an in-game economy and an efficient market for the price of NFTs. Creators and sellers of NFTs, often make a portion of every resale thus creating a potentially never-ending stream of recurring revenue.
blah blah blah
www.sflmaven.comFORT LAUDERDALE, FL, May 05, 2022 (GLOBE NEWSWIRE) -- SFLMaven Corp. (OTC Pink: SFLM), ("SFLMaven" or the "Company") (), a leading provider of high-end luxury goods, is pleased to announce that the SFLMaven Metaverse Store will go live on Wednesday, May 18, 2022, at 5 p.m. ET.
As noted in prior communications, the Company acquired a real estate plot in Decentraland in February 2022 to serve as the foundation for its launch of the world’s first native virtual dealership of high-end vintage digital jewelry NFT items for avatar use in the metaverse.
metaskins.comThe Company subsequently partnered with Metaskins Studios SAS (“Metaskins”) (), a leading global Web3 design and implementation firm based in Columbia, for the design and creation of its metaverse presence.
Management is now very proud to announce that this vision is set for completion ahead of schedule, with full metaverse operations at the SFLMaven Metaverse Store set to launch on May 18.
“We have a number of revelations related to this project yet to come, but right now we are very pleased with how things have gone, and we couldn’t be more excited about the process and our positioning in what seems destined to be a defining opportunity for SFLMaven,” commented Joseph Ladin, CEO of SFLMaven. “This opens so many new doors and so many new opportunities. 2022 has already been a banner year for our core jewelry business. But the launch of our Metaverse Store represents the shift into a new gear as we expand our horizons and open up fresh avenues of growth for the Company and our shareholders.”
I'm sure you all will get used to the changes after a few days...you have to admit that the face looks cleaner than before...
IH does not give out picks like MF...why would any fool hack IH? For Ben and Jerry's pot ticker picks?
Don't make fun of Meatloaf...rip
High-five a geek at your Mexican restaurant today!
Social Life Network, Inc. is referred to herein as “we”, “us”, or “our”.
ITEM 8.01. OTHER EVENTS
On May 20, 2022, at 1:30 PM Pacific Time / 4:30 PM Eastern Time, we will conduct a live shareholder update podcast, which will be available for viewing at: https://www.wdlf.ai/podcast and our Decentral Life’s YouTube Channel at: https://www.youtube.com/channel/UCglro6i9S1RPZA9yJdZ4qQQ
Thanks Pro...
"I used'stacould do this!"
Tilray also has operations in Canada, Australia, New Zealand, and Latin America, with growing facilities in Germany and Portugal.
I'm just throwing it out there...
www.sflmaven.comFORT LAUDERDALE, FL, May 03, 2022 (GLOBE NEWSWIRE) -- SFLMaven Corp. (OTC Pink: SFLM), ("SFLMaven" or the "Company") (), a leading provider of high-end luxury goods, is excited to announce unaudited performance results date for the month of April, 2022, where the Company saw continued above-trend growth in Topline Revenues, Weekly Sales, Pieces Sold, and Average Price per Piece.
Note: The following numbers represent unaudited preliminary data subject to potential revision in future financial reporting.
Highlights for April 2022 (unaudited)
“April was another tremendous month of performance for the Company in our core model as we continued the momentum established so far in 2022,” stated Joseph Ladin, CEO of SFLMaven. “This past Thursday represented another exceptional auction, driving over $240k in sales for the night. We look forward to continued momentum in May and over the Summer as we work to expand our model and drive new avenues of growth through our metaverse, NFT, and Bitcoin initiatives later this year.”
SFLMaven drove over $250k per week in sales in the month of April, making it one of the Company’s best months in over two decades as a premier dealer in high-end vintage jewelry. Overall, the Company continues to see marked growth in items sold, prices per item, and overall sales.
Management is also very excited about recent Company initiatives to drive new value for its shareholders through innovations centered on decentralized finance, blockchain, NFTs, Bitcoin, and the Company’s emerging metaverse strategy.
CBD of Denver Expands into Europe's Largest Cannabis Market
Denver, Colorado--(Newsfile Corp. - May 3, 2022) - CBD of Denver, Inc. (OTC Pink: CBDD), a distributor of CBD and unique CBD products sold in Switzerland and throughout Europe, is pleased to announce its expansion into the German medical cannabis market with the hiring of Bijan Hezarkhani to lead CBD of Denver's growth in this fast growing European market.
Bijan has extensive experience in the cannabis industry, including building out a medical cannabis franchise in Germany. He was the business development manager for Khiron Life Sciences for the last three years, visiting doctors and pharmacies in Germany to build Khiron's medical cannabis business. Previously, he spent time at Canopy Growth as a business analyst covering Europe. Bijan will be the head of the Company's medical cannabis sales in Germany and will be based in Frankfurt.
No, he's right...all TLRY's biz agreements w/US companies are contingent on MJ going legal...