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Clearly it’s a little confusing. Below is a list with the statement you have listed. All have that statement “All products are manufactured by contract manufacturers in GMP certified facilities who are audited and approved by CV Sciences. Batch size and total quantity produced are monitored and controlled by the contract manufacturer under proper documentation. Ingredient manufacturers and ingredient lot numbers are also controlled, monitored and documented by contract manufacturers per GMP requirements”
Now if that’s not correct I would think CVSI would correct it, right?
The list. I just copied the first 12. All come from cvsciences.com
CBD Hemp Softgel Capsules Certificate of Analysis 100 mghttps://www.cvsciences.com › ...
*All products are manufactured by contract manufacturers in GMP certified facilities who are audited and approved by CV Sciences. Batch size and total quantity ...
Happy Lane Softgel Capsule Datasheet - 25mg 60cthttps://www.cvsciences.com › ...
*All products are manufactured by contract manufacturers in GMP certified facilities who are audited and approved by CV Sciences. Batch size and total ...
Happy Lane Roll On Stick Certificate of Analysis - CV Scienceshttps://www.cvsciences.com › ...
*All products are manufactured by contract manufacturers in GMP certified facilities who are audited and approved by CV Sciences. Batch size and total quantity ...
ProCBD Hemp Roll On Stick 1000mg - CV Scienceshttps://www.cvsciences.com › ...
*All products are manufactured by contract manufacturers in GMP certified facilities who are audited and approved by CV Sciences. Batch size and total quantity ...
ProCBD Hemp Oil Liquid with Monk Fruit 500mg | CVScienceshttps://www.cvsciences.com › pro-cbd-old-Liquids-500...
*All products are manufactured by contract manufacturers in GMP certified facilities who are audited and approved by CV Sciences. Batch size and total quantity ...
Happy Lane CBD Hemp Liquid Certificate of Analysishttps://www.cvsciences.com › ...
Batch size and total quantity produced are monitored and controlled by the contract manufacturer under proper documentation. Ingredient manufacturers and ...
CV Immunity Acute Certificate of Analysishttps://www.cvsciences.com › immunity-cv-acute
Batch size and total quantity produced are monitored and controlled by the contract manufacturer under proper documentation. Ingredient manufacturers and ...
ProCBD Hemp Oil Liquid with Monk Fruit 2000mg | CVScienceshttps://www.cvsciences.com › pro-cbd-old-Liquids-200...
Batch size and total quantity produced are monitored and controlled by the contract manufacturer under proper documentation. Ingredient manufacturers and ...
Happy Lane Hemp Gummies Certificate of Analysis 25mghttps://www.cvsciences.com › ...
Batch size and total quantity produced are monitored and controlled by the contract manufacturer under proper documentation. Ingredient manufacturers and ...
Happy Lane Chews Certificate of Analysis 25mg - CV Scienceshttps://www.cvsciences.com › ...
Batch size and total quantity produced are monitored and controlled by the contract manufacturer under proper documentation. Ingredient manufacturers and ...
PlusCBD Original Liquid - 5 mg Unsweetened 1.86 fl oz 500 mghttps://www.pluscbdoil.com › plus-cbd-oil-500-mg-uns...
Batch size and total quantity produced are monitored and controlled by the contract manufacturer under proper documentation. Ingredient manufacturers and ...
PlusCBD Oil Creams - 150mg Lavenderhttps://www.pluscbdoil.com › ...
Batch size and total quantity produced are monitored and controlled by the contract manufacturer under proper documentation. Ingredient manufacturers and ...
Well, now isn't that important. I think it's going to be a great time to pay attention to the economy and markets as we enter or skirt a recession.
Stable you say, well good to hear.
11 trades today, 435 total dollars traded, is this the new norm?
On the 700 PS, yes you are correct. On the 9,999,300 PS you are not. Not yet defined. Can be used on anything they wish to pass. ANYTHING they wish to define. As stated in the SEC filing.
Anyway you go have fun.
Your hung up on the last 700 PS. They are done and spoken for. The 9,999,300 PS to go are what I’m referring too. And those are yet to be determined and not yet been defined. However, they are authorized to be used. They already have that in the back pocket. Will they, who knows, but they certainly can.
Well, that is nonsense. They used 700 preferred stock shares out of 10,000,000 they had to use. They have 9,999,300 to be used. Pay attention to the words “Each such series or class shall have voting powers” and “rights and preferences to be determined”.
After they have already done that to the shareholders to get what they wanted the first time, what makes you think they won’t do it again?
You may wish to think that over a little more. Especially with all those preferred share yet to be used.
From the filings
Preferred Stock
The Company is authorized to issue up to 10,000,000 shares of $0.0001 par value preferred stock with designations, rights and preferences to be determined from time to time
by the Board of Directors. Each such series or class shall have voting powers, if any, and such preferences and/or other special rights, with such qualifications, limitations or
restrictions of such preferences and/or rights as shall be stated in the resolution or resolutions providing for the issuance of such series or class of shares of preferred stock. As of
December 31, 2021 and 2020, there is no preferred stock issued and outstanding.
On March 30, 2022, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with an institutional investor, pursuant to which the Company
agreed to issue and sell 700 shares of the Company’s preferred stock which has super voting rights of 170,000 votes per share of preferred stock on certain stockholder proposals
and warrants to purchase an aggregate of 10,000,000 shares of common stock. The preferred stock has a stated value of $1,000 per share and is convertible into an10,000,000
shares of common stock at a conversion price of $0.07 per share. The Company received aggregate gross proceeds of $0.7 million before deducting placement agent’s fees and
other offering expenses.
I’m still trying to figure out if they will take the company private. Clearly, they have shown they can control the vote. Offer 2, 2.5, 3 cent a share, control the vote like they did on the ASM, freezing out the shareholders like they did on the 600million dilution and the up to 1 for 400 reverse split and away they go. I’ll be watching. There is no reason they couldn’t do it. IMO
LOL. So if I understand you a little over 10,000 dollars were covered in that 30 day period. 22 trading days, why son of a . . . that’s over 450 dollars per day in short covering. STOP THE PRESSES. Only 52k to go before all shorts have covered. As I said before meaningless until it shorts are holding 20,30 percent. 150mil shares, short went from 2.1mil to 1.7 mil. If it gets to 30 to 50 mil short then we have something, maybe.
LOL, and if Wana brands doesn’t want to acquire, as there has been no indication that they do, or even if they know CV exists for that matter, it would just be another pipe dream gone amiss, like so many before it. Right?
7500 dollars traded yesterday, 1300 dollars traded so far today. That is about as dead as your going to get. or DEAD IN THE WATER. Of course it could be worst, like taking in water . Waiting on the 4th qt, year end filings. I got the time to wait.
Houck - Wednesday, July 06, 2022 9:28:02 PM
Post# 77453
20 AUG 2022 will be the 4 year anniversary of CVSI reaching $6.27 a share. Does that mean anything? Absolutely. CVSI is somehow still in business and I bet big that they want to get back there again, it’s in the best interest of almost everyone. BIG NEWS coming in August!!! ….I hope.
It was Houck that came up with this first. You jumped on the band wagon, however at the time you were just pumping Nept. Remember!
When the WQLF predicted a HOT AUGUST NIGHTS The WISE WQLF was RIGHT YQU Now Understand YQU Understand
The only thing that cause a move was on Aug 25 , CV Sciences extinguished its entire outstanding convertible debt. It did go up and within 30 days right back down.
The products were clearly a failure as with them and all other products they had they still manged to sell even less, Zero impact.
Alright were up to 3000 dollars in trades today. That's a good day.
In any event today is the last games of the NFL reg. season. No need to talk about this failing company any more today.
If your talking merger/buyout you could have mentioned CWBHF. But any buyout has to have those golden parachutes factored, there is more than 1 you know. Going off of memory there somewhere around 2 mil worth. Heck the company is only worth 5mil. 40 percent premium just to take care of the GP. That’s a steep price to pay for a failing company, that has had falling sales for over 3 years now, no profit, let go of the board members for cost cutting. CWHBF I would think would see nothing this company could provide, only losses. Nothing it needs and with the MLB contract and their overseas involvement they’re on the way up and they are already the leader in this sector. No need to try and save CVSI, heck for what.
You stated my post "It's hot August nights all over again! What a failure that was, man o man.LOL." That is correct. But to your point, yes they came out with a new product, and the effect of that was EVEN LOWER TOTAL SALES NUMBERS, see Nov filings. Again DEAD IN THE WATER!!!
Wellness companies fad maybe over, whatever is left the coming recession will deal with.
Regarding "The website YQU featured is Wana Brands and Not Wana Wellness"
your right because Wanna Wellness went out of business. You might want to read the local news feeds and see if you can understand why.
Regarding “pure speculation and nothing more!’ Well yes,of course it is and it’s written that way, nothing to be taken too seriously.
Low volume, what is interesting is all sells after 9:00 et this morning. Why didn’t they trade for the tax loss last week. What made them wait and sell today?
It's hot August nights all over again! What a failure that was, man o man.LOL.
Reverse Triangular hmmmmm , I was thinking more like a triple flying two point monte to the back side.
You know, at least it waited until it got down to 3 cents before it dryed up. How's your crypto doing?
Yep, and that tells the story . . . . dead in water.
90 min to go. A total of 1200 dollars in trade today.
Sounds good, be mindful of the economy in that process. Yes, at first glance it’s a joke, a slightly deeper look and it becomes pathetic, a person who appears to be very weak and now badly compromised trying to be a leader but unable gather enough votes to become one within his own party. Since we all rely on the government to govern, it does not bode well for the next 2 years to see one party devour itself from within. Of course, this was all set up from what was, and created by, said party.
Well 5500 in trades for the day, really nothing in the last 90 min. Dead as a door nail.
5,000 dollars in trades today. They ramping up. If they get 20 times that number and hold it it maybe ok for trading.
Well, they have been. What you say is all true. The cbd industry has grown up around them. It seems the private companies are doing better than the public, but no matter. They can try for a buyout/merger for maybe 6 million if their lucky, but that price is dropping by the qt. I’m in the camp of a recession is coming, how long, how deep is unknown but I do feel it’s coming. And if so it will have effect on , well, everything. Time will tell.
LOL, sure, sure, HA!
A continuation chart I posted earlier which will just keep updating daily. The break came more or less where it should have, however with the volume dropping off it will take a little time to see what we have. Have the hook on the MACD, starting one on the PMO, now if we can get a cross over on the ADX we might have a little run going. IMO
Hey Cabos, hope your starting the year off right. In regards to the filings you were asking about.
All were tied to the previous 4 filed 9/29. The reason for them is listed below:
Represents shares withheld for payment of tax liability in connection with vesting of 50% of restricted stock units ("RSUs") granted to the reporting person on September 29, 2021 and previously reported on Form 4.
Hello Zippie, hope your New Year is starting off right. Not sure what you seek “What’s this say”
My initial thought is not much. One doesn’t translate to the other with any meaning with those values. Let’s say we just round the numbers here, 150 mil shares. 2 million short. Market cap 5.0 million. the short number has been running, for the most part between 1.5 to 3 percent all year. Meaningless. If it gets to 20 to 30 percent, then you could have a squeeze, or not depending on reason, but where it’s at and where it’s been, there is no there, there. The 5 million cap is just what the market and all included says it’s worth.
I like to think of CVSI as a company that has found a little niche in the overall 5-billion-dollar market. At 16 million in sales, they really don’t have much of an impact to the overall. Just one company in a sea of many. However, in their case the sales are falling and that’s the problem. There like a grocery store {yes, I know they make and sale product} but as an example the average grocery store in the US only makes $14 million in yearly revenue.” Oct 3, 2022.” That’s about the same as this company makes.
There are a lot of grocery stores across this country, and they simply don’t have that must have product to differentiate from the others, in CVSI they don’t have any way to control their environment nor is there any indication they have any game plan to do so. Dead in the water, heck just look at the trade numbers per day, they rarely get over 100k in dollars per day, a minimum for most traders to work with, again dead money. Until the volume comes way up, dollar wise, I wouldn’t pay to much attention to shorting, and the market cap value as it is, just shows that they are not any more than just a little niche company in a big sea of little companies. IMO
Ahhhh Wolfy, All CVSI has to do is sell more product and do so profitably while cutting the SG&A. They haven’t been able to do that. Qt after QT for 3 years in a row, falling sales every qt. All the story telling, the wink here, nod there don’t mean jack. They can blame whatever they want for the poor showing, at the end of the day, results matter and story telling is something better suited for books.
As the sales fall, so does the share price. See if you can dial that one in. See if that might be a clue for you. Sales, profits, results, everything else is BS. Until they do, it's just another utter failure. IMO
I know. Opportunity lost and what an opportunity it was too. In your baseball terms, it was like mighty Casey first up and at the bat, only to strike out. CVSI shouting I could have been a contender, but alas they never learned how to sell it. Quarter after quarter of falling sales for 3 years in a row brings us to this point. A 3-cent stock. At the end of the day after all the words have been spoken, we have a company that just is unable to sell their product, come out with new products, sure, does sales still fall, you bet! End of that opportunity. Now dead in the water.
Alright let's see if CVSI can hold than 0.03 mark. Go team go.
FDA, making a mistake, hmmmmmmm well it would take some time indeed to sore thru them all. Fun fact, 70 percent of the FDA funding comes from big pharma. It begs the question why would big pharma fund the FDA and regulate same only to shut them down when they come out with a less than healthy product. In 1995 they approved opioids.
A little back ground:
Prescription opioids are powerful pain-reducing medications that include oxycodone, hydrocodone, and morphine, among others, and have both benefits as well as potentially serious risks. However, too many Americans have been impacted by the serious harms associated with these medications, and despite ongoing efforts, the scope of the opioid crisis continues to grow.
One of the highest priorities of the FDA is advancing efforts to address the crisis of misuse and abuse of opioid drugs harming families. Opioids are claiming lives at a staggering rate, and overdoses from prescription opioids are reducing life expectancy in the United States.
At FDA, we’re working across the full scope of our regulatory obligations to impact this crisis. Our approach to reducing the misuse and abuse of opioids is outlined in FDA’s 2018 Strategic Policy Roadmap, which addresses various facets of this complex issue, as there are no simple answers to reverse this epidemic.
You see, for the last 5 years they have that SP roadmap running, so problem solved?
Also since you mentioned it. Nope never shorted this stock. EVER !!