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LiveWire Ergogenics Granted Approval for Minor Use Permit to Establish Large-Scale Nursery and Strengthens Position in California Cannabis Market
The Minor Use Permit has been issued to establish a 22,000 square foot secure indoor cannabis nursery facility on a 220-acre parcel. The project includes the conversion of two existing buildings with sufficient power capacity and abundant water supply. The floor plans include over 10,000 square feet of canopy for “mother” plants and separate clone storage. Additional space will be utilized for flowering plants specifically for research and development.
$LVVV
It does seem that things are trading off beat from last year... Not just here either, sector wide it seems. But we still have March, April and Even May before the general volume seems to slow down thru the summer months. Last summer was SLLLOOOOOWWWWW LOL But that doesnt mean it cant be different this time around.. Its all going to boil down to what Bill delivers.. A stock can take off anytime with the right news.
Hopefully Bill can get us Up Listed soon, I think this is what he is waiting on now. Any forward looking statements delivered now would be scrutinized from what some others have said on this board..
$LVVV
All I am gonna say is, if you want to get in, NOW is the time. Something big is brewing here and its gonna drop. When she does, Hold onto your Hat, Cause its gonna go FAST and HARD!
$LVVV
Oh MAN, GCM!! I am SO JEALOUS! LOL! Great points too btw GCM.. I dont doubt for a second anything lacking is going to be delivered, let alone passing the 7X Pure testing required before sale & delivery.
$LVVV
Exactly, those are very healthy plants overall. Easy for anyone to criticize every little detail looking at a picture of hundreds, of plants growing. Bottom line is they look SOLID Overall, and they haven't been delivered yet. People need to realize this is the launching PAD for all these juicy clones to be delivered. Meaning, they need to go thru the 7X Pure testing process before getting the 7X Pure Seal and then set off to delivery. I am more than confident that "if" there are any stragglers, Kyle would omit these from being delivered. ITS A PROCESS.
We have ourselves a winner here!
$LVVV
Good point.. I am thinking it may be something where they would tag before delivery possibly. It seems that in the POD, or grow area itself is in preparation for the proper testing/procedures,etc needed for them to be tagged 7X Pure.. passed testing, etc.. Once that happens, they tag and deliver is what im thinking anyways.
Would be nice to see some shots of the Clones being delivered with the 7X Pure Tags on them. I think this is something we may be seeing in the not so distant future.
$LVVV
Not seeing it there? For obvious reasons, those plants look SWEET.. Nice operation they are developing there.
Penny stocks are too erratic to rely on any chart predictions imo. anyways, timing of someone, seems coincidental to the block of shares sold today....lol
LOL. funny..that’s right Zig..Anything is possible.. we could lose it all, or we could be High Rolling in the green. I’m banking on the later and it sure does look like Bill is gonna take us there imo.
$LVVV
Basically, GHC = LVVV, a wholly owned subsidiary of LVVV. A wholly owned subsidiary is a company that is completely owned by another company. The company that owns the subsidiary is called the parent company or holding company. It is common and also helps with Risk as well to LVVV.. Amazon for example has tons of them..
$LVVV
Buy and Hold, thats the key here IMO. The more that do this, the SP will naturally go up.. regardless of what MMs do, or flippers for that matter. FORCE them to flip at higher levels. I will continue to add myself, of course, so long as Bill continues to show us this is on track to becoming a viable business. : ) Which he is doing IMO.
$LVVV FTW
Well that i couldnt agree with you more! LOL! We all want the same of course.. Just working with what was given is all.
$LVVV
So that doesn't mean we dont share the notice to the general public.. Not everyone may have been here as long as you, or may even be just looking at the board for the first time. It is relevant regardless IMO
$LVVV
No kidding lol. Think everyone is just waiting on Bill to start driving this again. Hold, Load and wait..
LETS GO BILL!! TIME TO GET THIS PARTY STARTED!!
$LVVV
Good question Senderos, Looking like GHC Distribution, a division of GHC Ventures? Subsidiary? Might be where they are taking this and just need to set it up that way.
$LVVV
Keep the faith JP, I know it can seem difficult at times. But I really do believe these guys are working this out to be a huge success. He really does seem like an Honest guy, smart, and he is a Work Horse. I fully believe we will be rewarded here in due time imo. also remember we are on the verge of Up Listing. As Here mentioned, i think they have to be careful with what news they release until then...
BTW, the withdrawal of designation with SOS Of Nevada was a cancelation of a number of preferred shares, which will result in a lessor amount of authorized shares with conversion features. Anyone that has access to this could probably pull up the documents to verify/confirm.
$LVVV
LiveWire Ergogenics - New Update Tweet!
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@livewireLVVV
Following Following @livewireLVVV
The QB waiting game is not getting in the way of business. GHC Distro is getting busy moving some winterized crude to manufacturers for distillate production, picking up some great brands, and negotiating some white-label projects.
$LVVV
LOL. THX HERE,. on a side note.. if not this year..2020 is looking good
Booker, Harris push marijuana legalization to center stage for 2020 election
Submitted by Marijuana News on Wed, 02/20/2019 - 09:18
Two senators who are leading candidates in the race for the Democratic presidential nomination have already accomplished something early in the campaign – they’ve made legalization of marijuana at the national level a primary issue.
Sen. Cory Booker of New Jersey already has introduced legislation to remove marijuana from the federal list of illegal drugs and continues to take that position as a candidate. And Sen. Kamala Harris of California this month very publicly declared her support for legalizing pot on “The Breakfast Club” morning radio show in New York City.
She couldn’t have been much more straightforward.
“Let me just make this statement very clearly: I believe we need to legalize marijuana,” Harris said on the show. “Now, that being said - this is not a “but,’ this is an ‘and’ - and we need to research...the impact of weed on a developing brain.”
She said leaders must also discuss a way to create standards for measuring impairment of drivers under the influence of marijuana.
Much Ado About Nothing?
That all seems clear, but of course there was an immediate political dustup over a side issue. In this case, it revolved around whether Harris listened to Tupac and Snoop Dogg when she tried marijuana in college (neither had released records before she graduated in 1986). Many media outlets reported she said this in the “Breakfast Show” interview.
However, the video of the interview seems to show she was answering another host’s questions (there are multiple hosts) about music she listens to, not an interjected question about what she was listening to while using marijuana, according to the New York Times.
Story Continues Below
The more important issue for cannabis entrepreneurs and consumers is that Harris, like Booker, put legalization of marijuana at the federal level on the front burner. When talking about using marijuana in college, Harris added, “and I inhaled.” That’s a reference to then-presidential candidate Bill Clinton’s statement in 1992 that he tried marijuana in college but “didn’t inhale.”
The marijuana debate has come a long way in the intervening 27 years. What used to be the source of a “gotcha” question - “have you ever used marijuana?” - is now used by a candidate to talk about legalization.
Booker Forces Hand
Harris, the former attorney general of California, had little choice but to take a position on the issue. Booker filed legislation in 2017 that called for removing marijuana as a Schedule I illegal drug. He’s remained a strong supporter of legalization.
The Drug Enforcement Administration maintains the schedule of illegal drugs , which was started during the Nixon Administration in the early 1970s. It essentially launched the War on Drugs and led to creation of the DEA in 1973.
Schedule I is for the most stringently restricted illegal drugs. In the eyes of the federal government, marijuana is as dangerous and addictive as heroin and cocaine. That’s an official position that stands at odds with what state voters and legislatures have done. In 10 states, recreational marijuana is legal., while 33 states have legalized medical marijuana.
Booker’s legislation not only would legalize pot, but also withhold federal funds from states that maintain marijuana laws that disproportionately impact minority communities.
Arguments for legalization.
What voters will hear over the next few months from politicians will likely revolve around the following arguments for legalization.
The War on Drugs hurts minorities the most: FBI statistics show that blacks are 3.73 times more likely to get arrested for marijuana possession than whites, according to an analysis by the American Civil Liberties Union. The ACLU also reported that marijuana possession arrests account for more than half of all drug arrests. Harris mentioned this in her interview, noting that “young men of color” have been arrested at rates higher than other young men.
The people have spoken: In vote after vote in state after state, people have approved both legal recreational and medical marijuana.
Marijuana has health benefits: Few will come out and say that marijuana has health benefits, although a lot of research shows that is the case. But they will argue that more research needs to be done and that can’t happen with marijuana being illegal at the federal level.
Treat it like alcohol: Even if they don’t argue any of the above, some politicians already are saying that marijuana should be made legal and regulated like alcohol, another substance that used to be illegal.
How President Donald Trump will position himself on the issue is unclear. However, in June 2018 he said he’d “probably” support bipartisan legislation that lifted the federal ban on marijuana and leave it to the states to decide.
I agree Zig, but is that something they can do without being uplisted first? I was looking at a bunch of other OTC stinky pinkies and am not seeing anyone else doing that? Maybe there are.. just the few i skewed thru didnt show any.. i.e. sip# amf# etc.. not even Pot# is doing this.
$LVVV
ok, the 16 & 17 Audited Financials are fine, The last Q needed some revisions.. But All looks good.. Their Accountant is on it and will get it done. Straight from the man himself.
$LVVV
OTCQB QUALIFICATIONS
Eligibility Requirements
U.S. companies must have audited annual financials by a PCAOB auditor. (Tier 2 Regulation A Companies are exempt from requirement to use a PCAOB auditor for their initial audit)
Meet minimum bid price test of $0.01
Not be in bankruptcy
Have at least 50 Beneficial Shareholders, each owning at least 100 shares
Have a freely traded Public Float of at least 10% of the total issued and outstanding of that security.
Companies with a freely traded Public Float of at least 5% (and $2 million in market value of public float), or a separate class of securities traded on a national exchange may apply for an exemption (see OTCQB Standards)
Have a transfer agent that participates in the Transfer Agent Verified Share Program
(US Companies only)
International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor
Reporting Requirements
Meet one of the following Reporting Standards:
SEC Reporting Standard
Regulation A Reporting Standard (Tier 2)
U.S. Bank Reporting Standard
International Reporting Standard
Alternative Reporting Standard
Timely disclosure of material news
Corporate Governance Requirements (Alternative Reporting only)
Have a board of directors that includes at least two Independent Directors
Have an Audit Committee, a majority of the members of which are Independent Directors
Verification Requirements
Maintain a Verified Company Profile
Post initial and annual verification and management certification
Not sure exactly Gosox, it can be any number of things, literally, I am quite sure they would also need to verify everything.....they can go through everything by line item and request clarification / supporting documentation on anything that may not be clear to them, last I understood, they had some accounting classifications / definitions to get to OTC...
If anyone has tried getting a mortgage as self employed, owning a couple of businesses, trust accounts, multiple rental properties, etc...may understand the painful process involved..
To be clear, I am by no means an expert on the UpList process.. but I would think it’s very similar.. you can feel like you’re giving everything including your first born...lol. Just to find out that still isn’t enough!
$LVVV
They seem to be moving best they can with this..and while it may not be on the time line some may like to see.. they are still moving forward with their business plan. I for one am glad to see this.. The process to Up List is NOT an easy thing to do, they are EXTREMELY picky.. You submit your stuff, they review with an underwriter, then come back with any conditions / questions.. Then you have to obtain/answer and then submit back, it gets reviewed again and something else could be brought up, asked about, etc..and then the process continues.. Being in the Mortgage business, I am quite familiar with this process and it can be VERY TEDIOUS. Actually, even ridiculous at times tbo..
$LVVV
StockWatchIndex, I literally just saw it come thru now. lol.
$LVVV
LiveWire Ergogenics Update Regarding OTCQB Application
Keeping Shareholders up to Date
Anaheim, CA – February 19, 2018 - LiveWire Ergogenics, Inc. (OTC: LVVV), a company focused on special purpose real estate acquisitions and the licensing and management of fully compliant “closed loop” turnkey facilities for the production of cannabis-based products and services in California, announced today that the Company’s application for up-listing to OTCQB is currently in the resubmission process.
The Company’s application for up-listing to OTCQB was originally submitted to OTC late 2018 and includes two (2) years of audited financial statements and the 3rd Quarter 2018 Financial Statements complete with an extensive management discussion of the Company’s business. The Company has recently received comments from the OTC, which are currently being addressed by management and the Company’s outside accounting firm in order to resubmit the application
“We opted to apply for the up-listing to OTCQB to provide our shareholders and new investors with optimal transparency to support increasing liquidity in our common stock. While the required
re-submission will somewhat delay the effective date of our QB filing status, we are confident that this can be achieved within a reasonable time period”, stated Bill Hodson, CEO of LiveWire Ergogenics. “Moreover, we believe that trading on OTCQB, in combination with the recent grant of permits for the operation of two LiveWire cannabis nurseries and a state-wide distribution license in California, will generate enhanced exposure for our Company and expand our investor universe considerably. We anticipate being able to work through these comments expeditiously and will keep our investors posted on the progress of the application.”
The OTCQB is considered by the U.S. Securities and Exchange Commission (SEC) as an “established public market” that determines the public market price of stocks for investors. Since the OTCQB requires audited financial statements and management certification and has strict reporting standards and compliance requirements, it dramatically increases transparency and credibility for the companies traded on the exchange. This increased credibility and visibility, typically resulting in improved liquidity and awareness.
$LVVV
Long and Strong here as well! This beast has GOT to move bigly at some point. All we need is for Bill to take off the "Chicken Pants" and actually start putting out some solid PRs, with projections, etc.. That alone should get this rolling in the right direction. Potential here is just too huge imo for him not too.
$LVVV
Well that would be great actually...then this stock can skyrocket....no sellers, this stock moves quite easily and fast!
$LVVV
LVVVs high hasnt been hit yet.
LVVV volume will be getting greater and greater. Buyers are moving in.
$LVVV
LVVV looking good for a while now and the PPS heading up to the .05's and higher in due time. Bill will communicate and update shareholders or more will continue to grow the business. LVVV has taken good time to make concrete progress. Shareholders being "Holding long" month after month works anymore as we all know the potential here.
LVVV is a good company to hold & wait as PPS consolidates up to something.
$LVVV
Hopefully Bill can get us an update sometime next week on ALL fronts.. Couple that with an Up List and we could easily be back to new highs again.
LETS GO BILL!
$LVVV
Great points Ben, I agree.
$LVVV
HAHA! Yes, THAT IS FUNNY! The ROCK heading your way Bill! Lets do this!
$LVVV
Aside from legalization, this would be a HUGE step in the right direction.. MILLIONS of $$$ need to have a safe home to be placed at. May help save on some security costs as well.
$LVVV
I posted this yesterday, ... they have some accounting classifications / definitions to get to the OTC for this to (Hopefully) be finally wrapped up...
$LVVV