Background is in Investor Relations and portfolio management focused on energy stocks. Always looking for opportunities to learn & share more.
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While I hate to think about it, my cost basis is .0876, more than double your .04 which you say is the coming new high.
You wrote:
if BCLI is looking to uplist, they should let the stock breathe and give it time to go up because it will in the future.
A couple of items worth looking at:
The point of uplisting is to attract a larger audience in order to entice institutional investors to place their bets. Giving it time to go up is comparable to ignoring the baby's cries for milk and assuming the baby will rise above the need and not cry.
Breathe? Without cash to fund clinicals, there can be no breath. All companies must generate cash flow to survive.
You say it will go up in the future. There's no evidence in support of that. Not to say we don't wish for same, but it is not realistic to expect or assume anything of the sort.
I can appreciate your hopeful attitude, it parallels my own.
This may explain what is going on here as it appears to be the most complete presentation I've found thus far. While it points specifically to Caza, it may be prudent to consider that another E&P in a similar area is also doing dramatically well---Lonestar Oil and Gas (LNREF).
I'm the moderator for this particular stock message board (LNREF). As such, I wish to alert potential investors to charges added to stock purchases that remain above and beyond the usual commissions charged. These are fees forced on brokerages and labeled transaction fees. Ostensibly these are transfer agent fees. However, I'm not happy with that explanation as there's wide variance in the amounts levied for such fees. Please visit the board before finding yourself mercilessly charged unexpectedly.
Back to CAZFF:
Headline & BriefHeadlines Only
.
Caza Oil & Gas Announces Excellent Well Result and Provides Operational Update
2:01a ET July 21, 2014 (Market Wire) Print
Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX: CAZ)(AIM: CAZA) is pleased to announce another excellent result for the second 3rd Bone Spring well drilled on its West Copperline Property, and to provide an update on drilling activities at Gramma Ridge and Broadcaster (West Copperline) properties, all of which are located in Lea County, New Mexico.
West Copperline Property: The West Copperline 29 Fed #4H horizontal Bone Spring development well (the "4H well") reached the intended total measured depth of approximately 16,015 feet in the 3rd Bone Spring Sand interval and was subsequently fracture stimulated beginning on July 1, 2014. Under controlled flowback the producing rates have remained steady, and the well produced at a peak 24 hour gross rate of 1,598 barrels (bbls) of oil equivalent, which consists of 1,220 bbls of oil and 2.27 million cubic feet of natural gas on July 16, 2014. The well continues to clean up and is producing on a 24/64ths adjustable choke at 2,650 pounds per square inch flowing tubing pressure. Facilities are already in place for the sale of oil and natural gas on the property.
Caza is now producing four wells on this property on two contiguous 160 acre tracts comprising the west half of Section 29. The West Copperline 29 Fed #1H and #2H wells are producing from the 2nd Bone Spring Sand, and the West Copperline 29 Fed #3H and #4H wells are producing from the 3rd Bone Spring Sand. All four are very strong wells and demonstrate the significant upside provided by stacked pay sands in the Bone Spring Play. There are still two remaining 160 acre tracts to be developed at West Copperline in the east half of Section 29. The wells on the east half will be operated by a third party and called the Broadcaster wells.
Notwithstanding production from the 2nd and 3rd Bone Spring Sand intervals in the West Copperline wells, log and core data were also obtained across the Brushy Canyon, Avalon and 1st Bone Spring Sand intervals in these wells. The data indicates the presence of oil and natural gas across each of these intervals, which is favorable for future development on the property, including the non-operated Broadcaster wells in the east half of the section. Management believes the deeper Wolfcamp formation on the property is also prospective for oil and natural gas.
Caza currently has a 62.5% working interest (approximate 47.69% net revenue interest) in the West Copperline wells.
Broadcaster Property (West Copperline non-operated): The Broadcaster 29 Fed #3H horizontal 3rd Bone Spring development well, is currently drilling ahead in the vertical section at approximately 10,800 feet. The operator is preparing to begin drilling the lateral section to a total measured depth of approximately 15,824 feet in the 3rd Bone Spring Sand interval. This well is a direct offset to the Company's operated West Copperline Fed 29 #1H and #3H wells, which have each delivered very strong results.
Caza currently has a 25% working interest (17.63% Net Revenue Interest) in the Broadcaster Fed 29 #3H well and in the east half of Section 29 containing approximately 320 acres.
Gramma Ridge Property: The Gramma Ridge 27 State #2H horizontal Bone Spring test well (the "27-2H well") reached the intended total measured depth of approximately 14,650 feet in the 2nd Bone Spring Sand interval on July 12, 2014. The 27-2H well reached total measured depth six days ahead of schedule and is scheduled to be fracture stimulated beginning on July 27, 2014. This well is a direct offset to the Company's highly successful Gramma Ridge 27 State #1H well (the "27-1H well"), which is currently producing from the 3rd Bone Spring Sand. Encouraging results from log and core data obtained from the 2nd Bone Spring Sand interval in the 27-1H well were determining factors in the decision to drill and test the 2nd Bone Spring Sand in the 27-2H well, which also exhibited favorable results from log and core data obtained across the 2nd Bone Spring Sand interval.
Caza currently has a 52.5% working interest (approximate 40.82% net revenue interest) in the Gramma Ridge 27 #1H and 27 #2H wells.
W. Michael Ford, Chief Executive Officer commented:
"This is another excellent result at West Copperline and continues the Company's success in the Bone Spring Play. As we drill additional wells in the play, we continue to refine our operations. This has resulted in efficiencies that have allowed us to drill wells faster and cheaper, which improves the economics of each well. We have also begun to tailor our fracs to fit specific reservoir characteristics with improved results. These subtle changes continue to increase our success and cost efficiency in the play, which creates additional value for the Company and our shareholders.
We're also happy to have reached total measured depth on the operated Gramma Ridge 27-2H well ahead of schedule and to be participating in the first Broadcaster development well offsetting Caza's West Copperline wells. We look forward to updating the market in the coming weeks once these wells have been completed."
Headline & BriefHeadlines Only
.
Caza Oil & Gas Announces Excellent Well Result and Provides Operational Update
2:01a ET July 21, 2014 (Market Wire) Print
Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX: CAZ)(AIM: CAZA) is pleased to announce another excellent result for the second 3rd Bone Spring well drilled on its West Copperline Property, and to provide an update on drilling activities at Gramma Ridge and Broadcaster (West Copperline) properties, all of which are located in Lea County, New Mexico.
West Copperline Property: The West Copperline 29 Fed #4H horizontal Bone Spring development well (the "4H well") reached the intended total measured depth of approximately 16,015 feet in the 3rd Bone Spring Sand interval and was subsequently fracture stimulated beginning on July 1, 2014. Under controlled flowback the producing rates have remained steady, and the well produced at a peak 24 hour gross rate of 1,598 barrels (bbls) of oil equivalent, which consists of 1,220 bbls of oil and 2.27 million cubic feet of natural gas on July 16, 2014. The well continues to clean up and is producing on a 24/64ths adjustable choke at 2,650 pounds per square inch flowing tubing pressure. Facilities are already in place for the sale of oil and natural gas on the property.
Caza is now producing four wells on this property on two contiguous 160 acre tracts comprising the west half of Section 29. The West Copperline 29 Fed #1H and #2H wells are producing from the 2nd Bone Spring Sand, and the West Copperline 29 Fed #3H and #4H wells are producing from the 3rd Bone Spring Sand. All four are very strong wells and demonstrate the significant upside provided by stacked pay sands in the Bone Spring Play. There are still two remaining 160 acre tracts to be developed at West Copperline in the east half of Section 29. The wells on the east half will be operated by a third party and called the Broadcaster wells.
Notwithstanding production from the 2nd and 3rd Bone Spring Sand intervals in the West Copperline wells, log and core data were also obtained across the Brushy Canyon, Avalon and 1st Bone Spring Sand intervals in these wells. The data indicates the presence of oil and natural gas across each of these intervals, which is favorable for future development on the property, including the non-operated Broadcaster wells in the east half of the section. Management believes the deeper Wolfcamp formation on the property is also prospective for oil and natural gas.
Caza currently has a 62.5% working interest (approximate 47.69% net revenue interest) in the West Copperline wells.
Broadcaster Property (West Copperline non-operated): The Broadcaster 29 Fed #3H horizontal 3rd Bone Spring development well, is currently drilling ahead in the vertical section at approximately 10,800 feet. The operator is preparing to begin drilling the lateral section to a total measured depth of approximately 15,824 feet in the 3rd Bone Spring Sand interval. This well is a direct offset to the Company's operated West Copperline Fed 29 #1H and #3H wells, which have each delivered very strong results.
Caza currently has a 25% working interest (17.63% Net Revenue Interest) in the Broadcaster Fed 29 #3H well and in the east half of Section 29 containing approximately 320 acres.
Gramma Ridge Property: The Gramma Ridge 27 State #2H horizontal Bone Spring test well (the "27-2H well") reached the intended total measured depth of approximately 14,650 feet in the 2nd Bone Spring Sand interval on July 12, 2014. The 27-2H well reached total measured depth six days ahead of schedule and is scheduled to be fracture stimulated beginning on July 27, 2014. This well is a direct offset to the Company's highly successful Gramma Ridge 27 State #1H well (the "27-1H well"), which is currently producing from the 3rd Bone Spring Sand. Encouraging results from log and core data obtained from the 2nd Bone Spring Sand interval in the 27-1H well were determining factors in the decision to drill and test the 2nd Bone Spring Sand in the 27-2H well, which also exhibited favorable results from log and core data obtained across the 2nd Bone Spring Sand interval.
Caza currently has a 52.5% working interest (approximate 40.82% net revenue interest) in the Gramma Ridge 27 #1H and 27 #2H wells.
W. Michael Ford, Chief Executive Officer commented:
"This is another excellent result at West Copperline and continues the Company's success in the Bone Spring Play. As we drill additional wells in the play, we continue to refine our operations. This has resulted in efficiencies that have allowed us to drill wells faster and cheaper, which improves the economics of each well. We have also begun to tailor our fracs to fit specific reservoir characteristics with improved results. These subtle changes continue to increase our success and cost efficiency in the play, which creates additional value for the Company and our shareholders.
We're also happy to have reached total measured depth on the operated Gramma Ridge 27-2H well ahead of schedule and to be participating in the first Broadcaster development well offsetting Caza's West Copperline wells. We look forward to updating the market in the coming weeks once these wells have been completed."
That's an excellent question for you to ask. You'll kindly let us know Mr Miller's response, won't you?
Thanks in advance.
By SEC mandate, items sure to impact on the corporate bottom line must be disseminated within three days or 72 hrs., whichever comes first. lol
I love your enthusiastic style. And I think management will be chomping at the bit, eager for worldwide recognition. It is a remarkable thing to accomplish. For now, however, we focus on getting there.
Still, we reserve the right to believe, don't we ?
By SEC mandate, items sure to impact on the corporate bottom line must be disseminated within three days or 72 hrs., whichever comes first. lol
I love your enthusiastic style. And I think management will be chomping at the bit, eager for worldwide recognition. It is a remarkable thing to accomplish. For now, however, we focus on getting there.
Still, we reserve the right to believe, don't we ?
I think you're absolutely correct, Red. Analysts tend to do their own discovery processing. They want to be recognized for originality, thus making plagiarizing anathema. We, on the other hand, tend to trust corporate guidance as it usually comes from inside investor relations people --- unless outsourced. My background is that sort of work--- investor relations.
IR guys are responsible for putting guidance together. The info is given by the company president in note form and then the IR guy makes it pretty enough for investors to draw their own conclusions. Making up stuff to get people to invest is intolerable and punishable by terrible SEC actions, usually jail plus stiff fines.
Bottom line: I'm sticking to my prognostication in expecting at least a dollar in next month's announcement.
Fine discussion, Pete, thanks to your input.
I was unaware of the 73 cent distribution anticipated. While it's not what I've been expecting, it's money and I've never met a profit I didn't like. lol
If the analysts' prognostications are on the mark, then I'll figure I lucked out by diversifying into CVRR on a dip to $24.31. Either way, I'm proud to be an American and a semi-permanent investor in Northern Tier. It would be permanent save for the fact that I'm 74 and I don't get to run the show.
My best to us all!
Zev,
All I can say is WOW! What a wonderful resource you've become on this USEI board. I'm inspired to take your input further as I can now better understand the value of some of Tony's initiatives. This whole hemp thing is tantalizing for a number of reasons, certainly. At the same time, I'm not seeing anything bad in it. There's a huge potential for good, no question. And the good could be of great benefit to all of us.
When manufacturing is in focus, more is better as it promises greater income. My earliest study indicates some hemp fibers demonstrate superior tensile strength when compared to cotton. Their susceptibility to commonly used dyes is probably interesting as well.
Hemp seed is used in the manufacture of foods for human consumption. This is truly an extraordinary plant that promises to reshape American industry whether we're discussing building materials or clothing or feedstocks for farm animals or human city animals.
This hemp revolution is capable of becoming quite the inspirational event you undoubtedly envision. Thank you!
Today's volume came out to a bit more than twice that of the ten day average. I'm pleased that shares actually rose ever so slightly, thus avoiding today's market debacle. However, I'm not seeing how today's elevated volume speaks to anything more than heightened interest in the company. Can you clarify this?
Thank you in advance.
Wish I could agree but I think we'll be hard pressed to sustain $28.50 when going ex-div. That works out to an 11.8% gain from today's closing $25.47. It's hardly shabby and I'm looking forward to the bounty regardless of where it lands.
Here's to hoping I'm wrong and you are correct.
USEI is starting to show fangs with two stores setting to open with us as partners. This is the best news ever. Small wonder our share price is rising! I won't be surprised when we hit a full penny---copper. lol Who's to say it won't happen within two weeks?
Things are getting very exciting around here. I'm glad to be part of it.
CEO Tony Miller has made it clear he intends to bring USEI into the hemp arena when the law allows it. On the subject of hemp---could you shed any light on a few items?
1. Is my state of Texas closed to the possibilities of producing?
2. How much acreage (in the south) is necessary for hemp farming likely to be profitable? Do you think several acres devoted to hemp production could be worthwhile?
3. Can you provide some color regarding organizations working to galvanize growers into recognizable associations spearheading a drive to firmly establish a credible new industry?
4. When do you think we can safely conclude that hemp production will be cleared for take-off without cumbersome, antiquated and otherwise damaging rules and regulations? Must this occur on a state-by-state basis or do you think there will be a Federal emancipation of a sort?
5. Are there parts of America in which hemp cannot be grown as easily as elsewhere? Is the deep South more conducive or less so, climatically?
Thanks for any help you can provide.
Good question although it won't matter what USEI's percentage of the take is so long as our combined effort is profitable. Each store may represent huge cash flow streams in which case even a tiny spark of profitability could speak to unlimited opportunity. I never met a profit I didn't like!
Tony appears smart enough to use a revolving door approach, inviting a number of options onto the table and pursuing each carefully. This is smart thinking and opens things up. Hopefully, there'll be many such options available, eventually enriching us shareholders.
I've mentioned it just twice, I believe. When I do, it's to encourage others here to participate in NTI, using that other company as a possible buffer. This may help someone else find value in NTI yet not to the exclusion of other choices.
Our moderators may also be investors in other companies. Red and Pete have been the best and most open-minded moderators anywhere. I haven't seen taboos such as you seem to be questioning---certainly not on this board.
On the same subject, I think it would be reasonable to wonder if NTI might not do as CVR is doing via a special distribution? After all, both companies are involved in refining.
It begs the question in my mind: Might not NTI be held to its regular distribution with WNR investors possibly to receive a special dividend if there is ready cash floating around?
In my opinion only.
This is very helpful! Thank you.
Thank you for being openly supportive of USEI! Many of us continue to believe Tony will emerge victorious.
Thanks for sharing this information. I'm not able to see the depth of trades due to moving belongings from one place to another with just my smartphone. I see now that trading is heavier than over the past ten day average.
There is mounting concern in the Middle East over rising tensions. Also, with the possibility of sanctions in the air, Russia may apply pressure on US industrial interests. Any time there's a ready threat of war, especially when it clearly involves some of the planet's oilfield giants (Russia, Iraq, Iran, Saudi Arabia and the US), we can expect greater focus on oil suppliers and supplies. Lonestar's oil is in the heart of Texas' Permian Basin and elsewhere. Our domestic supplies will be protected at any cost, I'm absolutely certain. Thus, these hydrocarbon sources become more valuable due to threats elsewhere.
Please continue to monitor things and help us remain aware.
Jugs
Not I, catdaddyrt. I'm expecting something in the dollar range which---if annualized---is above a 15% yield. As I'm also invested in CVR which is paying as much if not more, you can see how 77 cents would be disappointing.
However--- there's a potential silver lining in this for CVR goes ex a week prior to NTI. Thus, there's a strong possibility that energetic investors will be able to dismantle part of their CVR positions immediately after qualifying for the CVR payout and then jump into the NTI stream. If the CVR distribution is to be at or above one dollar, units will likely rise in the last few days leading to ex-day. Within a week to two weeks of going ex, we should expect those pre-ex units to shed their bloat with unit valuation dropping back around two dollars, I'd think. Unloading units this way pretty much doubles an investor's return.
This is really easy to manage, I'm finding. And it brings in a bunch of money.
Good luck to you and all others here! It's a good board with good people and a genuine wish to be of service to one another.
Right. The General Partner is not positioned tax-wise to pay out 90% of net earnings to unit holders.
This is a wild guess but I'm thinking along lines of $1.10/unit for us diehard NTI longs. I hope I'm way wrong---to the low side. lol
Today concerned me early on. Unable to understand the severe drop, I added several times at $25.52 but afraid I was missing something. It made no sense to me.
I figure there had to have been a major seller unloading maybe a couple of hundred units, flooding the market that wasn't expecting an isolated churn in this particular stock.
I hope today's action was not part of an intentional manipulation.
Meant to say a couple of hundred THOUSAND units.
Sorry for the confusion.
Today concerned me early on. Unable to understand the severe drop, I added several times at $25.52 but afraid I was missing something. It made no sense to me.
I figure there had to have been a major seller unloading maybe a couple of hundred units, flooding the market that wasn't expecting an isolated churn in this particular stock.
I hope today's action was not part of an intentional manipulation.
There seems to have been a post from Zev Paiss but I haven't been able to find it using the IHUB phone app. I hope it hasn't been deleted, can someone bring clarity?
Zev is truly a good-hearted professional, able and eager to guide us to a broader understanding about the mj/hemp business. I hope he's free to express himself.
Haven't heard a word. However, am using my phone and relied upon the USEI website investor relations contact info. It may be inoperable, I have no idea.
The mobile IHUB app isn't feeding me a steady flow of posts so I don't know how our regulars are viewing things. Sentiment is extremely important IMO.
Another day or so and I should be back at the computer to catch up with you and the USEI gang.
I just screwed up on my phone. Was saying that our asking about general directions our company is heading isn't such a big deal. I don't need to hear about "soon." And I don't need reassurance like some child. I expect to be shown courtesy and respect, nothing more. It is disrespectful to be put off when all we are asking is for general answers to things like:
What can we expect? What has him confident? Why should we be hopeful?
Once we see him sharing his picture of USEI's future, only then can we decide if his vision fits a future that will work for us. I, personally, need to see if I can even agree with Tony's vision.
That isn't enough for me. I want to know about the directions he has in mind. Are we going to move towards hemp production in 2015, assuming laws change? Are we making arrangements to participate in the edibles arena?
In short, I'd like to know how Tony would "sell" me on the company f I were considering participating in a secondary. What would he point to that would represent USEI's assets? What would represent our skin in the game?
I've got $30,000 in this. I know some have more than that. I can afford to lose it all. As a shareholder I deserve to know what's going on that my investment helps to support. I'm not thinking so much about money. I'm wanting to know how the steward of my cash proxy is responsibly managing company affairs.
I'm unable to send this to Tony as I am temporarily without computer connectivity. I need help here if someone could deliver the message.
Thanks to all for our working together!
Not sure if that's the address at the USEI website. Unable to find out due to being out of town for a few days. But will compare later in the week and do whatever can be done.
Meanwhile I'm getting excited to see our USEI family pulling together this way. We will have influence!
Good for you! It is gratifying to see prominent board members stepping up to the plate.
So far I haven't heard from Tony. I'm wondering if the published email address is the way to go? If you hear back, would you please publish the address you used?
Thanks.
Falling in love with stocks is a trap, most of us know it and do our best to avoid it. At the same time, don't you think that at least some of our picks seem to beckon to us, clamoring for portfolio inclusion? CUR is one such stock for my wife and me. It has been immensely profitable, virtually from the start when I bought in at $1.20 early last year. That, in itself, has me feeling a bit safer than I might if I were underwater in it.
Thus I've added several times, including yesterday and likely will, again, today. And these shares are part of our charitable trust so I may not feel quite so vulnerable as may be others.
That said, I believe every shareholder in any stock experiences moments of uncertainty. This is not only normal but important for it demonstrates our determination to remain in control over our finances and possibly more meaningful---our ability to remain logical and capable of foraging for ourselves.
Your stance is not at all strange, nor do I think you should apologize for any suspicions. It's all part of your due diligence and it serves us all by bringing us to question ourselves.
This is a good thing!
Throughout the past year there have been numerous statements coming from clinical participants. These blogs are drawn from journal entries written passionately with the overall aim being that of keeping others informed of things from the inside.
While some of the claims are not validated by Neuralstem management itself as a rule, they often remain in play, not to be disputed, either. That hardly validates anything yet I find there to be more than enough to accept on faith.
Thus, completed clinicals on Phase ll are not about to be usurped by the likes of bloggers' journal entries yet they will remain an important force from within the clinicals, nevertheless.
Your question is an excellent one, by the way, and I do appreciate it. You asked without forcing an opposing view on anyone.
I'm not understanding your position. Obviously you're unhappy with some issues, you sound angry. I could understand better if I knew you feel uncomfortable about CUR for I would then ask to know more of those things making you unhappy. But I don't even know that your discussion centers about CUR.
Does it?
Beautifully presented. Clear, concise, and intelligently expressed. What a delightful departure from some of the boards in IHUB town!
Most of us beat ourselves up a bit upon learning we paid more in the morning than would have been the case, were it later in the trading day or even the next day or so. For this reason I added 300 shares today and expect still better buying opportunities later this week. Splitting my position-size objective into a number of buys enables me to optimize buying opportunities. However, I'm ok with averaging my buy points so long as I can see a good case for unreasonably large gains in the months ahead.
In a nutshell I don't mind paying more today than tomorrow may bring. I'll be more than happy that the blended opportunities will likely turn to blessings realized when we get through this Summer malaise that's occurred before. Hopefully we'll see shares rising above $5 as I fully expect this Fall.
And now let us prEy!
Will you be saying that when we eclipse the $4.80 price point again? I paid about the same as you today and I'm pleased to have had the opportunity. I'm betting you are as well.
In the coming days we may see still better opportunities. I'm good with that.
Meanwhile, we all hope for good times ahead.
I'm proud of you for standing up and doing something concrete. I also happen to agree with what you're saying. It hadn't come to my mind that a lot of the current information is not necessarily representative of the larger picture. We investors often let ourselves be channeled in such a way as to obfuscate things, thus losing sight of the bigger picture.
You've brought clarity!
Just added units at $26.89. Will continue adding if it drops more meaningfully.
Looking back over the past month plus a bit (from the day prior to going ex.)I see a substantial difference:
I missed the top of $29.15 but was able to sell at $29.02. Replacing some of the units at $26.89 today works out nicely. Now, one could point to the 77 cents I gave up and posit that the gains is not much---$29.02-.77= $28.25-today's current $26.89=a gain of $1.36/unit. I sold three thousand units. However, CVRR presented a terrific opportunity to capture units at $24.31 for a gain of more than a dollar so far. That's a gain in appreciation that a person could take to reapply towards inexpensive NTI units.
And then there were opportunities such as PSEC which mays monthly at a rate in excess of 12%.
All in all, this is working out even better than I'd expected.
For the record, I'm no dazzling trader. This process was frightening for I'm very accustomed to relying upon those quarterly distributions. Something grabbed me this time around, though, and I figured there's not much to lose by reshaping my approach towards securing my income. And there never was much risk that I can see for my income production numbers are actually rising because of interim monthly distributions.
Moral of the story: Even an old dog like me can learn a new trick.
Good advice!
A week or two ago I posted that I saw $3.65 as a possibility; also as a smart move to be adding.
This morning I did so at $3.57. But I also placed an order to execute at $3.28. This isn't a product of conscious TA, mind you, just back-of-the-brain napkinitis. Instincts often come in surprisingly close to predictions as did today's $3.57.
I sure hope others are able to take advantage of this enormous opportunity. Supporting this cause as many of us surely do, along with an opportunity to join in a stock that has shown itself capable of engendering huge gains---does it get any better?
That was the only option open to me. However, there may be a more direct route in which case someone else may post it for us.
Thank you for taking a responsible stand. It serves every one of us shareholders in common.
Thank you. And especially my thanks to you for bringing your level-headed approach to our message board. This venue is loaded with potentially explosive dynamics owing to the nature of our business---that of trying to make money by envisioning a future not yet unfolded.
We're all in this together. On the surface it may seem as though it's all about money but I'm seeing other values as well---things we haven't discussed much here:
1. Hemp production WILL become a fixture in our agricultural face. It's just a matter of time. If nothing else, it should be recognized that this is one easy crop to manage. It is a resilient weed, no pun intended. It is resistant to various types of infestation that will destroy other crops. I'm guessing that non-flower portions of the plant are usable as silage for cows and probably pigs. I'd expect it can be converted to pellet form to be used in poultry farming but I'm on shaky ground here. I also suspect hemp silage can be utilized in conjunction with polymers in the manufacture of flooring tiles with durability greater than ceramics. If this is so, then there could easily be wall coverings and all sorts of exciting new materials. And with new materials come countless new applications bringing forth opportunities galore.
2. Labor: Consider the thousands upon thousands of jobs to be created! From the pre-planting stages to actual planting of the seeds to harvesting to drying to processing in ways specific to various sorts of potential utilization---there's a whole world of possible options.
3. What is made will invariably find itself taxable. And why not? As hemp becomes an industry unto itself, it will engender many new faces as it extends itself to other industrial uses. There will be fresh taxes on every conceivable level and I welcome it for it will create a codependency that we must have as a nation seeking to operate for the greater good.
4. Growth: For any of us to survive, we must forage. This will include obtaining food, shelter, income from our labors. For our great nation to survive, we must grow new ways of seeing ourselves installed as a nearly indispensable part of the global cycle of co-dependence. We need to work with other nations in an effort to be useful while securing ourselves first and foremost.
Stockholders: We are very much a part of the lynchpin in this. We own interest in a company we embrace in the hope that we may become as a spoke in a larger wheel attempting to roll into the future of hemp. We've paid for the opportunity to join in and represent growing interest in an area just now beginning to emerge.
And now I'm asking co-owners of this growing interest to send a simple note to our CEO, asking for a review of USEI's mission. We know hemp can't be grown now due to the ban on importing seed. But maybe Tony is lining up farmers who will be ready to jump on this bandwagon once legal hurdles are no longer the issue.
Hemp is a fast growing crop. Is Tony securing places to dry the crops following harvesting? And is harvesting machinery even available in the US?
In short, then, there is much work to be done if USEI is to become a meaningful player in the future of hemp here in America. I should think we'd all like to know how Tony is approaching some of these prerequisites. This is easy stuff to ask of him and it will afford him an opportunity to speak directly to shared concerns---both his and ours.
These are my opinions. I look forward to hearing yours!
Have you told Tony that "I'd be happy to hear that product was out on the shelves, vapes were selling, or the Zazz machines were full of our edibles, that would make me happier than fins right now"---?????
He's the one who needs to hear it---and from you! And everyone else with the spunk to send a simple email. This is every shareholder's right---a right to exert executive privilege.
I think you'll find Tony responsive. Certainly we should expect as much if a lot of us contribute to the "squeaking hinge syndrome." And you're as rational and fair as anyone on this board, so I know you'll be immediately respected.
It is probably a mistake for some of us to assume Tony has time or the inclination to read message boards. But he's made it clear he responds to email. I find nothing vague in that.
In your case, you're so level-headed I can't imagine Tony not granting you a moment's audience. And there are others here who likewise would probably find him responsive.
Your wishes are realistic and there's no extreme anger or frustration evident nor is there even a hint of manipulation.
Instead of preaching to the choir, I think we need to deliver the message where it will do the most good.
These are my thoughts only and shared in the spirit of making USEI stronger through shareholder leadership.