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I emailed Ryan
Assuming passage of the Farm Bill this week, I think it would be great for Ryan Medico to put out a PR this week on what hemp legalization prospectively does for VATE and it's positioning in this space. Then next week release a PR on the launch of CBD infused cold coffee and tea, new distribution agreements, etc. That would get VATE's name out in public this week as a way to invest in the coming hemp wave, and then show specific progress next week. Maybe in January then, we'll have a contract with a major retailer to announce. Then it's to the moon! Can't wait to see how this unfolds.
With VATE's multiple top-tier products, strong branding, clean balance sheet, and breakout of the hemp markets, IMO a buyout is in the future. Get ready to let the good times roll!!!!
VATE has huge potential and an incredible CEO. This company is going places, and fast. Looking forward to these next months and the progress that will be made. This is a winner.
Yes, POTUS is next. Could be tomorrow, or after. He needs to sign it and I think he will-much of his support comes from rural America. Also, this is Mitch McConnell's bill. Mitch has greased the skids with Trump beforehand, you better be sure. I think it will sail through.
House votes tomorrow
Wow, that's strong support
I'll stay long here, regardless of when fins come out, but emails from Mark don't give me any great sense of reassurance due to past history. I don't appreciate him playing "Where's Waldo" with the fins. This has gone on far too long. People have a lot invested here (especially Mark!), so being honest, forthright and doing what you say you're going to do, when you say you're going to do it is important. Credibility means a lot.
Thanks for the update, TravO. We'll see if it happens by a week from Friday. I hope so, but not holding my breath after all the false alarms and high expectations that have been unfulfilled. It'll be great when fins are filed, whenever that is. That's the only event holding this down.
Great news! Now let's see the lower chamber get their act together tomorrow, and POTUS sign this bill either tomorrow or early Thursday.
That's an acceptable plan to me, to wait til after the first. However, in the run last Dec for VATE, it went from .06 to .17 from Dec 21-29. So it can happen again IMO.
So the Senate must be certain of passage to vote early. Also, a good result could motivate quick passage in the House tomorrow. Maybe this goes to the desk of POTUS Wednesday. Sweet!
Just increased my holdings by over 50K shares...Booyah!! Nice chance to add cheapies...
Fantastic news! Get ready to rumble!!
I thought Conf Committee was tomorrow? Is it now today?
I hope “very soon” is within a week or so. Looking forward to it.
I agree. Next stop looks to be .15+ I emailed Ryan M. yesterday and got a response today. I asked if we would be able to order CBD infused cold brew before Christmas. He responded that they were working to get the tea and coffee out as soon as possible and would put out a PR with any new developments.
So there ya go. Maybe we see something soon re PR on the cold brews. Lots going on. I appreciate Ryan’s responsiveness. He’s top notch.
The bill is to be filed Monday, come out of committee Tuesday, House hopefully Wednesday, Senate Thursday. If all goes well, it should go to POTUS this week for signature. Come on Congress. Do your job for a change!
I could go with a big PR week of Dec 17th also. Let people sell the news Thurs or Fri if Farm Bill passes, and they may regret it, especially if big news comes out from the company the next Monday. Fun times, huh?
Sleek, you mention circa 2014. Was that in reference to what Terra Tech did in 2014?
Great article. Now let's see the floodgates open for VATE with a nice PR Monday or Tuesday, followed by a Thursday/Friday signed Farm Bill. That would make for a great pre-Christmas run.
Pretty amazing estimates for retailers, from $3B next year to $13B in 2022. VATE should be right in the middle of things. Fantastic estimates!
Great article. I especially like this part:
“You can’t name a big, national-scale chain that isn’t involved already or secretly getting involved,” said Ryan Stroud, the co-founder and COO of Xanthic Beverages, an Oregon-based maker of beverages infused with CBD from evergreen bark. “They realize it’s a race and they don’t want to be left behind.”
Thanks for posting NioStar! Gives us all perspective in all of this. I appreciate it.
It just gets better and better doesn't it. VATE is a gem!
They are an indicator of some things, just a few, of the bigger picture of what the company is doing, and communicate those publicly. To draw trends of company progress from these, is disingenuous at best. For instance, nothing in your chart refers to major contracts announced via PRs, and inventory build up of millions of blood cards to provide to major clients. This, to me, is an indicator of the huge volume of business ARYC is building, and a better indicator of where they're heading.
Thanks for sharing the worthless exercise. Means nothing. I do appreciate your hard work, just doesn't give us what we need. Only fins will. Go ARYC--let's have the fins!
Good to have you here. Hopefully next week we crank it up again. We'll see. It'd be nice to get some good news over the next week re. a signed Farm Bill, as well as maybe a distribution deal, or announcement re. cbd infused cold brews.
He has a knack for adjusting data ya know.
VATE is strong indeed! When it gets going like it currently is, consolidation is more like a do-si-do, or as I call it, a hesitation step. Then it's off to the races again. That's what it did last December from .02 to .17. Let's see it again and go beyond.
gman, It's amazing how our Congress works (or doesn't work) isn't it? This was supposed to be voted on this week, and because of one day of events for 41, the Farm Bill vote is now delayed well over a week. Go figure. BTW, gman, welcome to VATE, a company that is going places fast, and in a highly professional way, as opposed to that disgusting experience with Decision. As a shareholder, you'll actually be treated as a valued asset and with respect by VATE management. And the MB is overall a good place where ideas can be exchanged. Sure glad I'm here.
Lying in state of George H.W. Bush disrupts bill release schedule.
It looks like the 2018 Farm Bill conference report will come out Monday. Don't know when votes in each chamber will be scheduled. I would guess late next week.
House Agriculture ranking member Collin C. Peterson of Minnesota said the five-year legislation is “mostly a status quo” bill that keeps current work requirements for able-bodied adults in the Supplemental Nutrition Assistance Program, formerly known as the food stamp program. SNAP’s eligibility standards and the way monthly benefits are calculated would remain the same. Peterson made the comments Monday in an interview with Minnesota Public Radio. He added Tuesday that he hopes a farm bill conference report will be released Dec. 10.
Not expecting much giddy up the rest of today or tomorrow...now Monday or Tuesday could be a different story.
Correct. I have a drop right now of appx 21% from high of .0725--not unexpected at all. Resetting for a big run IMO next week. If the Farm Bill passes next week and is signed, it could be even bigger. Add to that any further PRs from the company that convey good news, and we're really movin on up!
Sleek, any updates on progress of the Farm Bill? Is it still on target for Monday Congressional approval?
An interesting comparison between the Kona run up and possible VATE run, although no stocks are the same, and external factors are not equal:
Kona 9/27-10/6 doubled from .015 to .03
VATE 11/26-12/5 doubled+ from .03 to .0690
Kona 10/7 - 10/13 consolidated down to .023
VATE 12/6 - 12/?? consolidate to ??
Kona 10/14 - 10/18 tripled to appx .07
VATE 12/11?? - 12/18?? appx triple to .17??
All is a guess...will it be close?
Also, after the 2nd leg, Kona consolidated down to .04 (2 weeks duration), then (2 weeks duration) tripled to .12
Where will VATE end up with some serious external stimuli coming it seems???
Smart move. Now for the next move....looking great.
After this “hesitation step,” next leg up could take us to .15-.17 IMO. Merry Christmas!!
IMO, I don't think I would go wrong holding on to this for long-term. That tends to be more my style than trading; however, at some time short-term I'll take some profits and let the remainder ride. Trading this could have some serious risk with the mo-mo that's being created, but I would never try to talk people out of taking some profits.
Great post NioStar! Sounds like the relationship with Kona and Selinger is already bearing much fruit with much more to come-VATE could be on steroids for some time. Now get Rissi working on this also, it won't take 36 months til a buyout is reality. All IMO.