Empire Building 101
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Overall very good I like the fact that we are overall cash flow positve. Plus income per dispensary is up nicely. It will take some time but truly going to be a real winner. Purplebee's is doing incredible. $7 Mil for the Q vrs $2,5 Mil y.y. Definitely really nothing but good happening.
About what I expected although the net loss at $3.6 Mil was more than I expected. No surprises over all.
You have a business and every decision falls back to you. Same here my friend everything revolves around Dye specifically SHWZ related. Where he is smarter than the average bear IMO is he surrounds himself with experts. Many do not do this because of egos whereas he does it solely for results and does not let his ego interfere with the dream.
Yes the market is tanking and we are seeing some very positive trading. Hang on THCM as you may become much wealthier than you already are!
Volume picking up nicely. Hope it is a positive leak but probably not. This team is very close lipped IMO.
So much agree with you and without a doubt better times are coming. Very excited to be here before the boom time and will wait patiently as the story unfolds. Good times coming IMO! Appreciate your thoughts.
To the moon old buddy. The old saying you ain't seen nothing yet!
I look for a real thrashing in the market this year and feel the safest bet is in this sector. I have a few others here but 75% is in SHWZ Currently in BLOZF as it is a company trying to get a patent on a THC breathalizer, HITI a fast growing Canadian firm, and FFNTF who has a lot of grow footage who I believe is a huge sleeper and takeover candidate and SLGWF who is a manufacturer of edibles and a plan to expand. Like I said I have 75% in SHWZ that is how much I believe in this co. Sure hope earnings and call go over well.
I am all in here my friend. Make no mistake this is the real McCoy. I have done probably as much or more DD here than most. This is not a team of peeps put together with trial and error but of seasoned veterans with decades of experience. I worked in a Fortune 100 company and as soon as they made an acquisition they would bring in our "team" and basically get rid of everyone. Not a clue at all and within a few years lost market share along with margins etc. Here we have experts in all areas with a huge vested interest.
You said you bought more today. Why would you do that if you feel they are investing(wasting funds) in the wrong direction. While we are investing in a new fast growing sector we are really investing in management.
I feel much better about todays news and I would bet JD has some surprises in store for us this week. Seed to sale has a lot in between and I think R&D has its place in what SHWZ can offer.
Glad to hear that as I believe a goldrush is coming. I questioned a lot of things including the preferred stock for $1.20 plus interest. There is no one here that was more cynical than me after a few moves that I felt were enriching insiders.
IMO, this is merely a game of chess for Dye and while many throughout history have made fortunes and become icons within their own right very few have been able to walk away and do it again. Very few. Egos are high but the 2nd go around the bar is much higher as apples and oranges are not the same.
Why do I think this time is different? Because grocery marts are basically marketing food and with a 100% of population participating you have quite a vast market and it obviously comes down to (1) thing and only one thing and that is marketing and nothing else. Well the kicker here is that while this is a fledgling market that has vast appeal with 68% of population wanting full legalization this is a market with vast opportunities. For me the similarities with what Dye did with Albertson's are strikingly the same. Thus the cookie cutter approach and rolling up Colorado. and then follow through with multi-state is so doable even Steveie Wonder can see it. They are now involved with all facets of the industry. Plus with the preferred's nobody can outvote management and steal the company.
Nitpicking at this stage with the "story" intact and being told by Dye at this stage is really nothing more than a laymen's opinion and virtually worthless. From my DD and others I am now committed knowing all bases are now covered as of today. Yes their will be speed bumps but that is because and only because this company is about to go full throttle forward. Make no mistakes and if you now question the motives of management sell here and go with the large multi state operators at 10-30 times the PPS. GLTA
Agree 100%. Dye did not put millions in to break even. I believe their is a grandiose plan and being 100% vertical from seed to sale this is not only essential but required to cover all aspects of marketing. Funny how everyone was a believer in everything while I questioned things and now I am 100% on board and certainly peeps are now questioning this move. This move is well thought out and plays into our billion dollar market cap coming soon!
This bodes well for the future. It may take longer and more patience but news like this does make the future look that much better.
So quiet here you can here a pin drop. IMO, we will be cash flow positive as stated but still a loss of $1 -$2 Mil. Remember cash flow positive means there is money to pay all the bills and no correlation with net income. Hope I am wrong and they have net income. If that were to happen look for new highs immediately. With a decent amount of cash flow positive we should still see $3 soon enough. Come on Dye we are dyeing to hear the story.
Going to bring even more attention here IMO quickly. The small mom and pop stores will get crushed even faster than they already have. Come on SHWZ let's get some announcements detailing these future acquisitions before someone steals them right under our nose.
Nothing new to our expectations. Just spelled out clearer and more precise
New Presentation. Nothing new $121Mil Pro-form for 21 and 250 Mil 22. They did include all the preferred stock in market cap which now gives us 3:1 price to sales.
https://d1io3yog0oux5.cloudfront.net/_050d3eb22f9037b9912cb020a1d0c8cf/schwazze/db/341/2479/pdf/SCHWAZZE+INVESTOR+PRESENDATION+MAY.pdf
Anyway people can agree or disagree with me, that is their choice. I always look at things in a different perspective than many so my ideas may sound crazy to some. At least, you know where I stand now. I will be gone all day tomorrow so I won't be able to post anything further until I come back. Wishing all SHWZ shareholders much future fortune.[/b
Agree with many of your thoughts. My concern is with such high insider ownership institutions may not want to get involved as the float is so low for them to get a sizeable investment. Certain;y they don't get involved in a mania and over pay only to watch the stock drop hard after the mania is over INO, thi is a concern that even you have had to think about.
Probably once again failed to get this point across.
Really. Might have to take a road trip here in July and meet you personally. Dealing with a few issues currently. Glad your back in the states.
A couple of thoughts here which again is not what shareholders want to hear but let me again repeat this 1) management (Dye's Group) just got 5 million shares of preferred stock so it must be a great deal if they are buying. My answer: why the hell wouldn't they as they get 5 million shares when they convert for $1.20 a share plus 8% interest and options for I believe up to 5 yrs. The PPS could go no where abd they are up 100% immediately. I realize these are from Dec.
To someone looking to buy stock even though management financed this deal it would appear to be insider enrichment. My answer: Without their financing there would be no company.
2) Really would like Hoop or a few old timers chime in here. While insider ownership is so high this is a deterrent for insitutional investors. We currently stand at 35% insiders and if/when these preferred shares get converted this is well over 75% IMO and as these guys eventually wabt to cash out this really puts a cap here. Wondering if that is why Joe Gnomes reduced their holdings by 25% last Q. To much insider holdings could hurt the upward potential.
The positives is 1)we are growing like a week. Purplebee's revenue increased 300%. 2)Another positive I really like is the fact that 250Mil authorized and with no further insider financed deals many more shares will be allotted and lower the insider percentage holdings. I believe the selling has been because of issues I have mentioned.3) Speculation the acquisitions aren't happening is total crap IMO. 4)Revenues at $115 Mil still puts us at P/S of 2:1 even on a fully diluted basis including preferred with the industry currently at 6-8:1 which is still incredible value.
I will call the bottom today at $2.26 and still believe this is a strong buy under $3 with FV at $5. Obviously with great management and a story to tell we are going higher. In the fact that we go lower which I doubt I will be adding heavily.
If it is anything I have said please forgive me and post away. Honestly I can get crusty at times and for that I am sorry. I really enjoy what you add to this board. We don't have to agree all the time but we all agree on one thing here and that is the potential is unreal here. Sincerely post away as you are truly an asset here and your input is needed.
Good volume today and certainly consolidation was in the cards until news or attracting new investors which should happen after a few good dog and pony shows.
Agree with the comments you made as being live and face to face with a good story will help!
Link please. We shareholders posting own part of the float. Shares given to insiders are shares from the authorized which stands at 250 Mil. and are not included in the float. Most of the shares given were from options already cancelled at higher prices and offered again at lower prices except for the preferred which is a new ballgame.
Gnones that did the interview with Dye actually lightened their holdings for the 3/31/21 filing. Really makes no sense as he upped the forecast this year and next. However, he did not increase the pps forecast.
However it appears new highs are coming next week hopefully.
Good. That means we will average around $32Mil per Q over the next 3 q's. Hopefully this guy is not including anything with including acquisitions with this year numbers. Next year is for sure,
Yeah you can lmbo. The real news is what you already posted which being 2 dog and pony shows in the next 2 weeks to the institutional investors before earnings. This is the real news as Dye has said when the time to tell the story comes they will tell the story. Guess the time is here. Plus updates. Anyone know if the the numbers projected this year is pro-form or actual numbers that SHWZ will receive?
Interesting that numbers were to be on the 17th and now the 13th which is a Thursday. Never a good sign for Friday reports and that alone is quite interesting. Still believe a $1 million loss but probably the story he tells will be a whopper. Remember the one he already told was $250 Mil run rate next year and then talks about $500 Mil. This is a GRWG story in the making in which I rode from $3 to over $30 last year. Similar management resumes. From $9 Mil to $115 Mil to $250 Mil and then a 1/2 billion in 3-4 yrs. is really a fairy tale.
Because of the rapid rise in GRWG stock price they have made acquisitions almost weekly with little dilution. Yes these are my thoughts but just can't see lightening hit 2 times in a row with a rainbow after..thus my other persona comes out.
Thanks I am heavily invested here and really believe the story but need to as you said stay grounded. Thus ask the hard questions even if I think I know the answers Appreciate your numbers but a little confused as the pro-form numbers from last year was $95 mil and this year I will use the $115Mil management expects unless these are pro-form numbers and actually lower real sales than $115 Mil.. I assumed numbers go up 20% which would give the 20% increase to $115 Mil. Do you know if the $115 is pro-form numbers for the whole year or actually revenues received by SHWZ? Otherwise to get to $115 Mil would imply a growth rate much higher than 20% which is certainly doable but I would think a little overly optimistic.
I admit some observations by me may not seem realistic known this management but definitely worthy of discussion with the information we have.
I do believe the story to be told will draw institutional interest. Regardless of my thoughts out of the box believe me I am a believer and believe the story Dye will tell will be a dozy and open some eyes and the thought I must own some or miss out. He needs a higher PPS to make things happen as I do not believe much will happen in the way of changes in the law soon.
To begin with not at all bashing your opinion. I would like to make that perfectly clear. It just appears you continue to call a break out to new highs almost weekly and when it does not happen it is VERT CDEL or someone else's fault that it did not happen. These guys have done this for your whole career. Were you advising clients? This will break out into new highs with news or earning beat. Something that changes the demand either positive or negative and the reaction caused. These market makers are there for orderly trading creating liquidity. They seldom lose even when they are wrong especially with companies trading in the volume SHWZ trades in. You know this along with many here. The fact that many have been here for years and the stock has not moved much does not mean they have not made money. The wolves wearing the sheep mask are here making the .10-.12 a share make no mistake and not only VERT. Behind these firms are real people and not just automated trading programs.
Let's be clear their are people on this board that will male $1-1.5k a day. Just not every single day. I will be one of those like yourself. But to not have discussions on the different opinions is a disservice for all invested. How many newbies or even people who have been here for years have never posted and out of the blue the comment comes out I have been here but never posted. Nobody wants to question anyone who appears to be a Dr. Phil and can't answer the hard questions without a sinister response and a civil discussion.
Furthermore, many analysts have discussions with management and base this estimate based on these talks. This analyst and firm have 460k shares and interviewed management. He certainly isn't pulling these numbers out of his arse. Let's have civil discussions without teaming up against posters with a different point of view. Believe me I have more shares than most here and constantly question my thoughts daily. GLTY Sir.
On this statement I 100% agree.... As for the rest of the post, I concur with those who have already spoken...
That is your opinion and I do respect your opinion. However, how does cynical even come into the conversation? So never ever say anything that is contrary to the "group opinion" or you are verbally assaulted from the senior posters who have seen the PPS languish for almost 3 yrs.
Couple of thoughts 1)any chance there is to much change coming to quickly from new management and some customers are looking for product elsewhere2)any chance we severely overpaid for these 13 dispensaries at approximately $9 Mil a piece 3)any chance the 15% interest and all these preferred shares at $1.20 is going to kill the common shareholder.
I am a believer in this company and management but to not bring in all aspects of the business and discuss it intelligently based on what is known is not prudent. Still nothing by management pertaining to Joshua Haupt and his involvement after being taken off the web site is definitely news worthy and material.
Nice response. All companies with analyst following goes something like this when Company reports q1 with an earning miss revenue beat or something like that. People buy/sell based on this. Furthermore, this projection was close to 5% under forecast. With the interview and all don't you think these guys talk off the record? Certainly he did not get this estimate out of his butt.
Yes 503% is awesome in comparison but means nothing until we see how things are heading toward the bottom line. Furthermore anyone that questions anything about anything here gets met with this type of response. Nothing was implied at all other than the analyst appeared to over estimates on the high side and I was wondering why. No skepticism nor cynical thought as you implied. GLTY All these back slapping high fives here and never question anything.
Anyone notice that the analyst Joe Gnomes who interviewed Dye was calling for $20.17 mil and we came in $800k less. Not saying the $19.3 is bad but that is quite a revenue miss. Also he is calling for over $30 Mil. for Q2 . Yet pro-form numbers came in at $26 Mil for Q1. Thus he is calling for almost a 15% increase for Q2. IMO, that is a little to optimistic. I will make a call and that being we will not be net profit this Q.
The other point is maybe analyst is including an acquisition he was/is anticipating in for the $30.17 Q2 revenues.
Furthermore, who honestly gives a crap if Vert or anyone else is flipping for a penny or two. We investors are talking dollar gains and a market maker is holding this down for a penny or two. I will call BS when I see this. The PPS is solely determined by supply/demand.
GLTA
PS Not selling a share nor going to blindly pump when things do not totally add up to what is known.
Currently down a quite a bit. However, I feel very confident l-term/ Would be a buyer at these prices for sure.
Not likely to sell them as some have indicated.
True but we need volume for confirmation. Without that profit taking for sure.
Nice surprize as my expectations were flat until news or earnings report. With 200k volume we could get tp $3 soon.
Without any news we will probably drift back down until E.R. No real catalyst as we are left clueless with the Senate vote. Really no reason to add without news as after the last Q. report we were assuming an acquisition was in the works(15 Mil earmarked) and happening very soon and that was end of March. Who knows maybe this week.
I believe that is a possibility with the buying of it but IMO Joshua is gone. Only speculation but really do not need both of them but then again 2 heads are better than one. However, still don't see a filing with any sales of insiders. Many have speculaed that other insiders of the past have sold but just not sure. Certainly we will know soon enough as something is brewing no doubt.
My 2 cents and it is only worth that but they were very quick to take Joshua off the site and now added this guy today. It really makes no sense to have a chief cultivator and a director/cultivator on the same management team. If this means he will be on the Board of Directors as they do say Director although that has not been updated to say that. Furthermore, the credentials here are amazing with this guy. This sums it up perfectly Ryan assisted in perfecting and implementing the Three A Light cultivation methodology, and developing the additives product line for Success Nutrients. Plus what was said on Linked In did not sound like things were going smoothly but that is only speculation. I always said if it walks like a duck and talks like a duck it probably is a duck thus I believe Joshua is gone. You can only have one visionary and obviously that is Dye as the money he has invested is truly a fortune and has proven himself as "the" leader.
With the new guy it appears to be likely but personally I believe it could be anyone of the following dispensaries, grow facility, or an addition to Purplebees or all the above. Definitely something brewing.
He certainly appears well qualified and worthy of the position. Already updated on the leaders section.
Our Leaders
Director, Cultivation
Ryan Schuelke
Ryan Schuelke brings more than 12 years of cannabis cultivation experience to Schwazze. Ryan assisted in perfecting and implementing the Three A Light cultivation methodology, and developing the additives product line for Success Nutrients. With six years spent in operations of commercial cannabis cultivation, and consulting with commercial cultivation clients in multiple states, Ryan and his team consistently achieve high yielding, high quality cannabis. Ryan studied at Colorado Mountain College, and is from the Black Hills of South Dakota.
On a positive we now have another institutional holder. This huge and we will see more jumping on this bandwagon. Stay tuned more coming.
Holder Shares Date Reported % Out Value
Perritt Ultra MicroCap Fund 60,000 Jan 30, 2021 0.14% 143,400