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

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$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.

Ok.

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!"

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That is correct, but look where they are now. I mean, debating who has the better view on the Titanic doesn't matter. Both views are down over 99 percent.

Yes, you can, but no matter which way you view it this company is in a very bad place. And they stated as much in the last 10Q. Sure you can dig a deeper hole, but if you don’t have a plan to get out, well there it is. The current plan and execution is invisible to me. Selling less and less of their product qt after qt is not a winning plan. Sure, the company welfare they got helped, but they need to sell far more product, or sell out and collect the golden parachute’s they put in for themselves. A partnership will not give them those GP’s. Diluting shares to stay in business, solves nothing, well it does give the means to pay management those hefty pay checks, but I don’t feel any need to buy those diluting shares, none, just to keep management in paychecks. The only things so far, they have proven is their business plan doesn’t work. The proof is in the sales, the numbers are in the 10q/10k’s. IMO

A hour to go, $14000 in trades so far, and down of course. It does make one wonder if that spike was caused by company diluting. We'll see.

They will have to pay off the current loan first. From the 10Q - The Streeterville Note is secured by all of the Company’s assets.

To be clear on cvsi dilution. CVSI trades roughly 100million shares a year. At current prices that would be 5 million dollars. At current rate of burn they will need 10 million per year. Now we know per the 10q they diluted 40million shares the first 9 mo. Or if avg out 60 million per year . Roughly 60 percent of all shares traded. Now a couple things. If they try that again this year it will drop the price even more. They have roughly 6 years’ worth {600 million shares] of dilution if EVERY SHARE traded came from the company dilution at the current traded rate. No, they are in a tough spot, they need the loan, to prolong this out. IMO

The statement was how long can CVSI last with the money they have.
At the end of the last reporting qt 9/30 they had 1.1 million left. The burn rates have avg 2.5 million per qt for the last 3 qt. And yes, they have stated this concern in there last 10Q.
So sure, a loan would help.
As you mentioned dilution as well. But dilution does have a tricky twist to it. They did dilute 40 million shares in the first 3 qt. This is a more or less thinly traded stock. I for one am not interested in buying their dilution. Self-defeating to say the least. But it doesn’t matter, I don’t believe they can dilute there way out of this. I don’t think the market place can absorb it on this one, nor do I think they could do it fast enough.
No, they need a loan, and a big one at that to run it for a while, just as they stated. All IMO

With cvsi's RSI at 77 it will be interesting to see if the shorts are going to play with this over bought position. I see only 2 other posters today so I'm guessing not much interest on the overall. Also remember how swaps work. Now looking forward to a good game, have no dog in the hunt, so just a good close game would be fine.

I'm guessing they would be lucky to last till summer.