Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
PVSP #3 on Breakout Boards!!!
investorshub.advfn.com/boards/breakoutboards.aspx
PVSP looking out for their Shareholders
Traders are just doing what they always do and that is ok.
Investors are HOLDING for the real money which IMO is well into pennyland and even Silver.
Company is making progress everyday and the price will reflect it soon.
Management cares about their shareholders
No Reverse for 5 Years, fantastic NEWS
40Million shares traded up 40% in 3 Minutes trading
NEWS - Retiring 2 BILLION Shares
To Combat manipulation of our stock and increase value for our shareholders.
IMO we need the Banking Reform
The Banking Reform is a real game changer in allowing cannabis companies access to the banking system, including loans, credit cards processing to eliminate the issues with being a cash only business such as getting robbed, LOL
Legalization has been many peoples focus and would no doubt help the industry but it also could cause more issues as State fight to keep revenue and Taxes within their States.
We can still expand to other States with partnership, buying out a cheap license operator, etc. Lot of work arounds, but that Banking issue is a real problem for many companies.
Some of the big guys are doing Billions annually and it is all CASH, that is nuts
Public Float No change, 3.8 B
Share authorized , 8.9B
Shares Outstanding: 5.1B
Shares Public Float: 3.8B
“Public Float” shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial
owner of more than 10 percent of the total shares outstanding (a “control person”), or any affiliates thereof, or any immediate family members of officers,
directors and control persons.
Riss sells/leases hemp Iowa farming rights $500k
Here To Serve Holding Corp. Sells Portion of Its Hemp Farming Project for $500,000
Rye Brook, New York--(Newsfile Corp. - July 13, 2022) - Here To Serve Holding Corp. (OTC Pink: HTSC) (the "Company"), is pleased to announce the sale of farming rights under the Iowa hemp license of its wholly owned subsidiary, ICF Industries Inc., to an Iowa-based company, Agri-Dynamics, Inc., for a fee of $500,000.
The agreement required a payment of $500,000 in equity securities of Agri-Dynamics, Inc., which the Company has received, and calls for the Company to be paid 45% of all hemp profits for the term of the agreement. The agreement ends on December 31, 2027, or earlier if certain conditions are not met.
The Company's CEO, Paul Riss, said, "We seek to acquire and manage undervalued assets without incurring significant fixed overhead costs. Consequently, we have sold a portion of our hemp project, for a limited term, to a company with hemp expertise that can build a joint hemp project without us having to incur cash expenditures."
"We have also included in this project our affiliate, KRTL International Corp., a wholly owned subsidiary of KRTL Holding Group Inc., now known as QUEENCH, Inc. (OTC Pink: QENC)," continued Riss. "KRTL has expertise in hemp and psilocybin and will earn 10% of the profits in addition to $160,000 in equity securities."
MJBizDaily - Avg Cannabis Stock down 76%
This correction has nothing to do with PVSP, specifically, it is has been a broad correction that has hit the entire Market, and the Cannabis sector particularly hard.
IMO the markets are in the bottoming process and we could already put in a bottom. Only time will tell but many feel we are very close to a major rebound.
MJBizDaily
Cannabis and the stock market correction
The average cannabis stock that we track is down 76% from its 52-week high.
What does this all mean for cannabis investors and executives?
Stocks down, but underlying business and long-term thesis intact
There is a big difference between the performance of the cannabis stocks and the underlying cannabis businesses.
While strong operating performance usually leads to higher multiples and stock prices, this is not always the case – especially when an external shock to the markets (such as COVID-19) leads to rapidly declining multiples to account for higher risk.
While the underlying business may be fine, the valuation multiples ascribed to the business will decline as broader market multiples decline.
Senate marijuana bill may be offered next week
Report: Long-awaited Senate marijuana bill may be offered next week
By MJBizDaily Staff
July 14, 2022 - Updated July 14, 2022
SHARE
The U.S. Senate may soon have a formal marijuana legalization bill to consider, according to a report from Bloomberg on Thursday.
The news outlet reported that Senate Majority Leader Chuck Schumer is poised to introduce his Cannabis Administration and Opportunity Act next week, a federal marijuana decriminalization bill that the cannabis industry has been waiting for since February of 2021.
That’s when Schumer pledged to make marijuana reform a priority in the Democratic-controlled Congress.
The senator even released a draft version of the bill last year, and a number of marijuana trade organizations offered feedback in the fall.
Several were concerned, for instance, about a proposed national 10% tax on marijuana products, which would increase to 25% over a three-year period, and said that would only embolden the illicit marijuana market.
As written, however, the draft bill would mean a seismic change in the industry landscape, because it would:
Remove cannabis from the list of federally controlled substances.
Continue allowing states to take the lead on regulating the industry.
Eliminate Section 280E of the federal tax code for marijuana business.
Create grant programs to help those affected by the war on drugs.
Remove federal penalties for marijuana, and expunge nonviolent MJ-related criminal records.
https://mjbizdaily.com/report-long-awaited-senate-marijuana-bill-may-be-offered-next-week/
Senate Marijuana Legalization Bill Imminent !
Published 1 day ago on July 19, 2022
Senate Schedules Marijuana Hearing In Committee Chaired By Cory Booker, With Legalization Bill Set To Drop Any Day
With a Senate bill to federally legalize marijuana expected to be introduced imminently, a key subcommittee chaired by one of the measure’s prime sponsors has scheduled a hearing for next week on cannabis reform and the harms of criminalization.
The Senate Judiciary Subcommittee on Crime and Terrorism, chaired by Sen. Cory Booker (D-NJ), will meet on July 26 for a meeting titled “Decriminalizing Cannabis at the Federal Level: Necessary Steps to Address Past Harms.”
While details are limited, it’s reasonable to assume that senators on the panel will be discussing long-awaited legislation from Booker, Senate Majority Leader Chuck Schumer (D-NY) and Senate Finance Committee Chairman Ron Wyden (D-OR), which Senate sources recently told Marijuana Moment could be filed as early as this week.
That bill—the Cannabis Administration & Opportunity Act (CAOA)—was released in draft form a little over a year ago. Advocates and stakeholders have been eagerly awaiting its introduction, and the timeline for the filing has been repeatedly pushed back as the sponsors have worked across the aisle to solicit feedback and build buy-in, but Schumer has made a “promise” that it would drop before the August recess.
Now with a key subcommittee headed by a sponsor scheduling a meeting on the specific issue it addresses, it seems that CAOA’s introduction is likely less than a week away. Marijuana Moment reached out to Schumer’s and Booker’s offices for comment, but representatives were not immediately available.
https://www.marijuanamoment.net/senate-schedules-marijuana-hearing-in-committee-chaired-by-cory-booker-with-legalization-bill-set-to-drop-any-day/
4M was Conversion today
Purple trade just over $4M Conversion. Lot smaller than yesterdays 14M conversion.
Estimating about 8M Conversion today
See if we get the purple tape, mm covering the conversion outside BID & ASK, like always.
Looks again like very, very light trading again, even though the volume is 12M, I am guessing 8M conversion, 4M actual trades.
PVSP minority owned KRTL Biotech NEW Ticker & Name
New Tweet about new NAME and Ticker to be announced.
PVSP should be changed shortly also to reflect Artizen Cannabis according to German.
See new Tweets
Conversation
KRTL HOLDING GROUP
@KRTL1111
Attention QENC shareholders: we are nearing the completion of the companies ticker and name change. Other announcements to come.
11:56 AM · Jul 20, 2022·Twitter for iPhone
In 2 days Cannabis up 40%
Many, many of the Cannabis stocks are already up 40% in 2 days.
It took 6 months to drop them to lows, and then BLAM!
PVSP will takeoff soon, the conversions may slow us down a little, but it will happen.
PVSP investment in KRTL Biotech Up 22% today
We have to move soon, and the chasing will begin!
Market is putting in a Bottom as we speak!!
Markets are way over sold as is PVSP.
PVSPReversal will come soon, just a matter of time.
Cannabis stocks on FIRE again!!
Trulieve up 8%
Tilray up 11%
Sundial up 9%
Medical Mj up 15%
Aurora up 11%
Canopy Growth up 17%
Growlife up 10%
CBD Denver up 18%
and many more. PVSP will move back up any minute!
Germany to become worlds largest market
Just out today, check out the video on what Germany expects from Cannabis!!
MM want to hold the ASK
That is how you can tell the conversion is active. They offer those shares on the ASK (which are Shorted) to get seller to take the .0014. At the end of the day they use the conversion share that they have in hand, to cover those shorted .0014, and walk away with the 1 or 2 tics, which is perfectly legal and acceptable, as they are taking some risk and getting shares sold without crashing the price too much.
We may have to pay the ASK
If the conversion gift is done, we may have to pay up to the ASK.
Don't anyone complain if it starts moving back up, everyone had their chance to buy the super cheapies.
That could be the last of the Conversion
14M conversion, with total traded of 18M, leave only 4M real trades.
Converter was limited to 3-5% of daily volume in the past.
There is the conversion, 10M + 4M
So basically all the selling is just conversion, only 4M real trades, no real sellers!
Maybe German lifted the restriction on amount allowed to be converted and told to just get it done.
Say What? LOL
What are you talking about, seriously you are too funny. What are those goofy numbers ?
The conversion is fixed amount, it doesn't matter to PVSP what price the converter sells them, it give shareholder the opportunity to pick up cheap shares in the open market.
What's not to like?
The Freedom deal results seen Q3 & Q4
RYE BROOK, N.Y., May 13, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTCPK: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, and Zen Asset Management, owners of the Artizen brand (jointly referred to as “Artizen”) today announced that it has formed a strategic relationship with Canada based Freedom Cannabis to pursue mutually beneficial business opportunities.
The strategic relationship will see the two companies collaborate on areas of mutual benefit, including co-branding and sharing intellectual property. The two companies entered into the relationship after signing a non-binding Letter of Intent that forms the basis of the agreement.
“Freedom and its management team have an impressive foundation for growth, and we are pleased to enter into this relationship, maximizing each other’s potential, especially at a time when we are expanding Artizen across the United States. Building on the recognition of Artizen as the 9th largest independent cannabis flower brand in the US, Freedom is the perfect strategic partner to both accelerate our growth and enter the Canadian market,” said German Burtscher, Pervasip’s President and Chief Executive Officer.
The strategic relationship is beneficial to both companies as they build brand awareness in their respective markets. The cannabis companies are licensed producers and managers of premier brands and are quickly gaining market share in both Canada and the US. The LOI also contemplates a potential joint venture between the two companies for Artizen branded product to be grown at the Freedom facility located just outside of Edmonton, Alberta. This would include licensing of the Artizen brand in Canada and Freedom licensing its brand to Artizen in the US.
Converting Debt is always good. LOL
Good to see you know what debt conversion look like, nothing to do with dumping stock. Smooth and orderly conversion with fixed number of shares, no price adjustments.
The KRTL deal is important for PVSP
The KRTL deal is very important to prove the efficacy of our products for the wellness business. Could also lead to medical mj products in the future, IMO.
“We look at this as another step in supporting our development of market disrupting wellness products and distribution.”
Pervasip is pleased to announce that it, and Dr. Kyeung-Il Park, a KRTL Biotech Inc. team member, have received an agreement by the Hemp Regulation Free Special Zone Project Promotion Team in Kyeongbuk Institute for Bio Industry, a local public enterprise, (http://gib.re.kr/about/major/major2), and both KRTL International Corp., and Artizen Corporation have been hired by Dr. Kyeung-il Park to act as exclusive consulting groups to provide services and support for the development of indoor smart growing, one of three core strategic areas of interest in development for the Korean CBD industry regulations sector.
Korea has committed $40 million to assist in the development of this emerging industry. They are funding various greenhouse trials, research, policy development and testing efforts.
“We are excited about the opportunity to work with KRTL on this project. It allows us to become trusted partners in what will become a true center of excellence for developing CBD/Hemp opportunities throughout Asia,” says German Burtscher, the company’s President & CEO. “We look at this as another step in supporting our development of market disrupting wellness products and distribution.”
https://finance.yahoo.com/news/pervasip-krtl-international-receive-exclusive-131500920.html
Cannabis Companies are on FIRE again!!
Trulieve up 5%
Tilray up 10%
Sundial up 5%
Green Globe up 17%
MineMed up 7%
Aruora up 10%
Canopy growth up 19%
Growgeneration up 8%
Senate will be looking several Bills in next 2 weeks that would decriminalize cannabis and allowing access to Fed Banking system, both of which are Game Changer for us.
Biden to Free Cannabis Prisoners! Huge
This has been the hang up with getting legalization bill passed in the Senate, and now it looks like Biden is going to do it! He also has the power to legalize cannabis according to recent report.
POLITICS
Biden Says He’s ‘Working On’ Fulfilling Marijuana Campaign Pledge To Free Prisoners.
President Joe Biden says his administration is “working on” plans to fulfill his campaign pledge to free people who are incarcerated for marijuana. This marks the first time that the president has publicly made a substantive comment about cannabis policy since taking office more than a year ago.
“I don’t think anyone should be in prison for the use of marijuana,” Biden said in response to a question from The New York Post’s Steven Nelson on Saturday night after stepping off Marine One on the White House lawn.
“We’re working on the crime bill now,” the president added —though it’s not clear what legislation he was referring to.
A report published by the Congressional Research Service (CRS) last year affirmed that the president has it within his power to grant mass pardons for cannabis offenses. It also said that the administration can move to federally legalize cannabis without waiting for lawmakers act.
https://www.marijuanamoment.net/biden-says-hes-working-on-fulfilling-marijuana-campaign-pledge-to-free-prisoners/
Freedom Cannabis receives approval for Retail Destribution
In case you missed it, in Sept 2021 Freedom received approval for retail distribution in two of the largest retail market in Canada.
Visionstate Portfolio Company Freedom Cannabis Inc. Secures Retail Sales Licences in Canada’s Two Largest Retail Markets
September 15, 2021 07:23 ET | Source: Visionstate Corp.
...
EDMONTON, Alberta, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Visionstate Corp. (TSXV: VIS) (“Visionstate”), is pleased to announce that Freedom Cannabis Inc. (“Freedom”), a portfolio company of Visionstate Corp., has received approval for retail distribution in two of the largest retail markets in Canada. The addition of the provinces of Alberta and Ontario to the Freedom portfolio of retail licences has paved the way for the company to brand its premium brand products across the country.
In the past 30 days, the company has been approved in four jurisdictions in Canada and is executing on delivering product to these important markets. The licences were granted on August 27, 2021.
“This is a significant turning point for the company,” explained Freedom Cannabis Inc. CEO John Frank Potestio. “The new retail licences will not only result in growing revenues but will provide opportunities to build our brand across Canada with greater retail exposure. For years, we have been focused on the wholesale B2B market, where our products are in high demand. These approvals allow us to reach the retail consumer directly and show off our consistent quality under the Freedom brand.”
https://www.globenewswire.com/en/news-release/2021/09/15/2297390/0/en/Visionstate-Portfolio-Company-Freedom-Cannabis-Inc-Secures-Retail-Sales-Licences-in-Canada-s-Two-Largest-Retail-Markets.html
Thanks, I will be Buying it Monday ! LOL
Have not been following it, but I will now.
Looks like it started trading NASDAQ 7/13 and closed the public offering 7/15.
Riss Plan for PVSP - NASDAQ
For those that missed this week announcement on Netcapital getting up listed to NASDAQ. Paul is an expert on getting this done and looks to be the plan for PVSP, and it is not going to take that long, considering how fast he moved with Netcapital from PINK sheets, to OYCQX, and now to NASDQ in a little over 1 year.
Paul Riss @PaulRiss • Sep 1, 2021
$PVSP plans to follow what I did with Netcapital - file a Form 10 to register
the stock, get a PCAOB audit, move to OTCQX, and more, but PVSP has
the ability to accomplish these steps much quicker than Netcapital.
Netcapital has $36 million market cap and growing
May 18, 2021
Netcapital Up listed from PINK to OTCQX
OTC Markets Group Welcomes Netcapital Inc. to OTCQX
Paul Riss @PaulRiss - July 13, 2022
Congratulations to $NCPL, now on #Nasdaq. Great team, great product, great stock https://otcmarkets.com/stock/NCPL/news/Netcapital-Inc-Announces-Pricing-of-Public-Offering-and-Nasdaq-Listing?id=364521 via
@OTCMarkets
9:07 AM · Jul 13, 2022·Twitter Web App
Cannabis Stocks Surge - Senate takes up Bill
Pot Gets Senate's Attention in Long-Shot Decriminalization Bill
Democrats planning introduction of legislation next week
Cannabis stock surge on news that Senate may take up bill
ByJarrell Dillard
July 14, 2022 at 11:56 AM EDTUpdated onJuly 14, 2022 at 12:59 PM EDT
Senate Democrats plan to introduce a bill to decriminalize marijuana at the federal level next week, a person familiar with the matter said, although the legislation faces long odds in the evenly divided chamber.
Majority Leader Chuck Schumer worked with Senators Cory Booker of New Jersey and Ron Wyden of Oregon on the measure. The senators circulated a draft of the bill last year and made tweaks after feedback from Senate committees.
https://www.bloomberg.com/news/articles/2022-07-14/marijuana-decriminalization-bill-teed-up-for-senate-introduction
Cannabis Stocks on FIRE !!
Something is going on, Trulieve up 6%, Tilray up 12%, Sundial up 5%, Medical Mj up 4%, Canop Growth up 6%, and on and on!
PVSP is Delivering, not just Talking!!
PVSP management is delivering real REVENUE, and NOW!!
PVSP is like the best property in a very bad neighborhood, the PINK Sheets and we need to move the House to a better neighborhood and get the price adjustment that reflects the true value of this great property.
Up listing to OTCQX is coming very soon as the 3 year audit is nearly completed by Marcum LLP Accountants.
IMO we are up listing to the NASDAQ late in 2023 and hopefully Cannabis will have been decriminalized in the US by then. The banking reform is very likely to be done this year and will be huge for the Cannabis Industry, nearly as much as the decriminalization in US.
Paul Riss Netcapital up listed NASDAQ !!
Paul had been working on Netcapital books and getting accounting certification done and up listing to OTCQX recently and now he got them up listed to NASDAQ, which is a BIG DEAL
I think PVSP is going to follow the same path, up list to OTCQX late this year and then up list to NASDAQ late in 2023, which will be HUGE!
NetCapital could be our new financing partner in the future.
https://twitter.com/paulriss
Quarterly Filings as early as Tomorrow!!
Looking forward to another positive report on our rapid expansion!
PVSP #5 on Break out Boards!!!!
Increasing Volume proceeds Increasing Prices
Volume has been increasing the past few days which is a good sign.
Price increasing will follow as flippers keep flipping, LOL
PVSP Twitter: Immediate Revenue Recognition!!
Yes! Staying the course, $PVSP just completed another of their planned milestones, launching its value priced vape and concentrates brand with immediate revenue recognition!
Yes! Staying the course, $PVSP just completed another of their planned milestones, launching its value priced vape and concentrates brand with immediate revenue recognition!https://t.co/zt6I63agQ4
— Pervasip Corp (@PervasipC) July 13, 2022
PVSP #8 on Breakout Boards !!!
Moving Higher !!
https://investorshub.advfn.com/boards/breakoutboards.aspx