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Below is a list of the convertible debentures included in the 10-Q that One World Holdings filed on 8/14/14, representing those outstanding debentures as of 6/30/14.
It is worth noting that the list has grown (in both number of convertibles, and total dollar value) from the Dec 31 2013 list. The net outstanding value of those convertible debentures is up more than 60% from 12/31/13 to 6/30/14.
IMO, holding toxic debt is sort of like holding your breath under water. Sooner or later, one must come up for air. This is why I believe there is still a high probability that the share price will crash (again), as it has since the large 1:750 reverse split which took effect during January of this year.
As always, simply my opinion.
link to 10-Q filing:
http://www.sec.gov/Archives/edgar/data/1017616/000144586614001016/oneworld10q06302014.htm
OWOO
Money manager and high-energy financial TV personality Jim Cramer has mentioned something several times on his 'Mad Money' show (on CNBC) that I think is relevant here. In his early days of investing, he noticed that stocks which hit $80 per share almost always continued up to hit $120.
I have observed that this same move often occurs with penny stocks, where they will usually make the move to at least .0012 shortly after hitting .0008. I think entering FRHV now at .0008 will yield at least a 50% return (when it hits .0012) in a very short time.
As always, simply my opinion.
FRHV
BOBMOTBA, thank you very much for the compliment.
sunset777, please feel free to use any images for your enjoyment.
•••> Of all the cannabis/hemp/mj related stocks, why go with GRCU?
Those who are students of the american automotive industry know that at one time there were nearly 2000 automobile manufacturers (in late 1800s to early 1900s). There are now less than a dozen, of any consequence.
But the key to financial success is placing a bet on the one who will not only survive, but will thrive. And those that invested in the early winners were handsomely rewarded.
In some ways, the cannabis/mj industry resembles the turn-of-the-century automobile industry. Hundreds of companies have entered the space... most of whom will eventually fade away.
But I believe that Green Cures will be one of those survivors, and here's my rationale. In Robert Calkin, we have a pioneer and educator in the cannabis/mj industry. We have a CEO passionate about this industry, as evidenced by him spending several decades becoming an expert and industry guru. Additionally, he is well versed in navigating the complex and constantly changing regulatory requirements. Investment vision could be defined as the ability to see an empire, even as the earliest bricks are being laid.
I think we have a real winner here, and with time the charts will make that point indisputably evident.
As always, simply my opinion.
GRCU
•••> Although CNBC does not typically grant on-air interviews to OTC companies, there have been exceptions. One such exception, a while back, was an energy supplement company endorsed by Tiger Woods.
I believe that just as CNBC made an exception for the OTC supplement company because they believed that the Tiger Woods endorsement made it an interesting interview for their viewers, I could see the possibility of them being interested in interviewing Robert Calkin on-air. Keep in mind that CNBC has been airing a number of mj related specials over and over again. If they didn't believe that this topic was of extreme interest to their viewers, they would quit airing them so often. Below I've listed some of the specials that CNBC has aired recently:
-Marijuana in America: Colorado Pot Rush
-Business of Marijuana: The Business
-Marijuana Inc: Inside America's Pot Industry
If Robert Calkin could land an on-air interview with CNBC, I honestly believe that Green Cures stock (GRCU) would absolutely explode to the upside. Since Mr. Calkin is a long time industry expert and navigator of cannabis/mj regulations, he would surely be of interest to that network. I would think that Bob would want to get all of his ducks in a row first, such as buttoning up the e-commerce websites and procuring enough product to meet the anticipated demand. But once that is done, I could see him reaching out to a network like CNBC to communicate the existence of this enterprise to the general investing public.
As always, simply my opinion.
GRCU
Thanks for the follow-up info, BigJuan. If anyone here has any contacts at the US Dept of Agriculture, it would be greatly appreciated is they could help get the necessary approvals expedited.
I'd like to see the product actually launch before I am too senile to remember why it even matters.
Also, thank you for providing your views on the below-the-bid 3 mill transaction earlier today.
It really is a crying shame. As if the increase in authorized shares to 500,000,000 isn't bad enough on its own. When adjusted for the huge 1:750 reverse split which was thrust upon the loyal shareholders less than one year ago, it is the equivalent of 375 billion (with a big 'B') pre reverse split shares.
At this pace, we may soon have to measure the total adjusted pre reverse split shares using as many digits as is required for the US national debt computations... (trillions with a big 'T')
•••> Ordinarily CNBC does not grant on-air interviews to OTC companies. But there have been exceptions. One such exception, a while back, was an energy supplement company endorsed by Tiger Woods.
I believe that just as they made an exception for the OTC supplement company because they believed that the Tiger Woods endorsement made it an interesting interview for their viewers, I could see the possibility of them being interested in interviewing Robert Calkin on-air. Keep in mind that CNBC has been airing a number of mj related specials over and over again. If they didn't believe that this topic was of interest to their viewers, they would quit airing them. Below I've listed some of the specials that CNBC has aired recently:
-Marijuana in America: Colorado Pot Rush
-Business of Marijuana: The Business
-Marijuana Inc: Inside America's Pot Industry
If Robert Calkin could land an on-air interview with CNBC, I honestly believe that Green Cures stock (GRCU) would absolutely explode to the upside. Since Mr. Calkin is a long time industry expert and navigator of cannabis/mj regulations, he would surely be of interest to that network. I would think that Bob would want to get all of his ducks in a row first, such as buttoning up the e-commerce websites and procuring enough product to meet the anticipated demand. But once that is done, I could see him reaching out to a network like CNBC to communicate the existence of this enterprise to the general investing public.
As always, simply my opinion.
GRCU
Thanks Tha Northern Light. We must also not underestimate the importance of the (shareholder friendly) terms of CEO Calkin's employment agreement.
In contrast to GRCU's employment agreements (which align the interest of shareholders with those of the company execs), several of the other OTC stocks I've owned have chosen to book a liability for the CEO's salary (i.e. salaries payable) for several quarters/years, and then the company eventually announces 'great news' via a PR that it is clearing away debt off the books.
Then those companies proceed to issue shares to the CEO to wipe the accumulated salaries payable balance off of the books. And since the stock is usually way down just prior to this 'debt satisfaction' event, the CEO ends up getting several hundred million common shares to wipe the salaries payable off of the books, because the share price is in the crapper.
If, for example, the stock was trading at .0005, a million shares would need to be issued to the CEO to satisfy each $500 owed in back salary. And 100 million shares would need to be issued to satisfy $50k in salaries payable.
By Robert Calkin accepting the static figure of 4 million shares (vested quarterly) for the 12 month period, regardless of the performance of the stock, he has demonstrated his confidence in the value of GRCU stock. And when a CEO of an OTC company demonstrates confidence and respect for the stock, the market tends to follow (because it is such a rarity in OTC land).
As always, simply my opinion.
•••> With the overall downtrend during the past couple of months, it is easy to make the mistake of believing that GRCU is destined to continue the downward drift into oblivion. Although every stock has a unique chart, below I have posted the chart of another company (NTE*) which I believe demonstrates similar price movement as GRCU, and also demonstrates the upside potential once consolidation has occurred.
After bottoming at under one tenth of a penny in late Nov '12, an uptrend began in NTE* which brought it to copperland. After peaking at nearly 3 cents in early Feb '13 (up thousands of percent from the Nov bottom), it spent the next few months drifting downward, and stood at about a penny a share in mid May '13.
So after peaking at around .03, it had lost two thirds of the extraordinary gains over the next few months. At that point, those still holding had to be concerned that is might drop back into the sub-pennies never to return to copperland.
Just as with NTE*, GRCU had quickly run from tripps to multipennies, only to drift back down to about a penny a few short months later.
But just as NTE* holders were likely beginning to lose hope, those who continued to hold were in store for an extraordinary run... one that would dwarf the original run which had peaked at 3 cents. After drifting back down to the 1 cent level, NTE* went on to hit a high of 13 cents per share a couple of months later, and then ran to 17 cents per share about 4 months after that.
So my point is that after a massive move upward (such as GRCU has made), from the land of triple zeros, price consolidation is almost always a necessary evil. It allows shareholders with an entry price far lower than the current share price to be replaced with newer buyers much closer to the current price. This process, as most already know, provides a much more stable foundation, allowing for higher highs on the next run.
Although anything can happen with the respect to share price in OTC land, it is my opinion that we'll be seeing new 52 week highs for the GRCU share price within the next few months.
As always, simply my opinion.
GRCU
Yes GM_Tech. Here's the detailed share price history, which makes it very clear why this extended period of consolidation near one penny is necessary:
Here is the genesis of the explosive price move that GRCU has had, and some of my thoughts on the subject. As painful as this price consolidation near a penny is, IMO it has been a necessary evil over the past few months, for the following reasons.
During the period of Aug 2012 thru Dec 2013, GRCU (formerly TTDZ) traded in the low triple zeros (see chart below). That's 5 complete fiscal quarters of a trading range within the low triple zeros. During that extended period of time, there was least a couple billion shares traded, which represented the entire share structure for the company.
With the entire share structure having been traded in the low triple zero range between Aug 2012 and Dec 2013, there is a very high probability that the vast majority of shareholders had an entry price in the low triple zeros, prior to the price explosion.
Within the 3 month period of Jan 1 2014 and April 1 2014, the share price then ran from .0002 to 4.9 cents. That's a 240x move, which is more than 24,000%. And since that move was preceded by trading of several billion in the low triple zeros which was more than the entire share structure, the huge move upward likely left many original shareholders with huge gains from the triple zero level.
Had the share price been in the low triple zero level only briefly (as some of the OTC stocks experience prior to a huge move), there would not be a large number of shareholder sitting on gains of tens of thousands of percent. But as we know from the historical chart (see below), there was a period well in excess of a year with the stock trading in the low triple zeros for shares to be acquired.
I think it is because of this price history that we have been seeing the stock drift downward over the past few months. I believe that on most days, there's probably a couple of million shares that were originally picked up in the low triple zeros being sold at the bid. While some are questioning why would some people be selling each day with such future potential, the answer is that even around one penny, an original low triple zero buyer is clearing 20 to 50x their original purchase amount. And with an uncertain future, and a declining stock price, who could blame them.
I do believe that most of those original buyers (with an entry point in the low triple zeros) have been flushed from the system, and we should begin to see share price appreciation in the near future.
As always simply my opinion.
It may have happened previously, but I only personally witnessed this one 'abnormal' transaction.
I am not familiar with how predetermined share exchanges work, but wouldn't a brokerage have a fiduciary duty to get any client the best bid for the shares they are selling. How could they justify a share transaction during regular trading hours where the client only received a share price equal to 75% of what another bidder was willing to pay (for all of their shares)?
My only issue (since I was not the seller) is that if this type of transaction (where a buyer and a seller can agree on any predetermined share price, regardless of the real bids and asks on the stock), then data for historical share price highs and lows are practically meaningless, because the real time auction market may not have determined those historical prices.
As always, simply my opinion.
I don't usually promote conspiracy theories. But I was watching my L2 for FPFI @10:40 when the 3,000,000 share sell went through at .0003, even though there was more than twice that amount of shares offered at the bid of .0004.
Those 3 million shares that went though below the bid, and coincidently setting a new all time low for the stock, indicates the following to me. Someone (likely a MM or team of MMs) is trying very hard to convice holders of this stock to now sell their shares at .0004. And it might actually work, if someone was not watching the L2 where at least 6 million shares were being bid at .0004 when the 3 million shares were sold at .0003. I'm not sure how it is mechanically possibly, with current brokerage rules, but I did witness it happen in real time. That move suggests to me that a run here is likely imminent.
If I am incorrect here (with what I witnessed and the motivation for it) and the share price does actually slip a bit further, I intend to add another 1% of the total outstanding shares to my holdings.
As always, simply my opinion.
FPFI
•••>Of all the cannabis/hemp/mj related stocks, why go with GRCU?
Those who are students of the american automotive industry know that at one time there were nearly 2000 automobile manufacturers (in late 1800s to early 1900s). There are now less than a dozen, of any consequence.
But the key to financial success is placing a bet on the one who will not only survive, but will thrive. And those that invested in the early winners were handsomely rewarded.
In some ways, the cannabis/mj industry resembles the turn-of-the-century automobile industry. Hundreds of companies have entered the space... most of whom will eventually fade away.
But I believe that Green Cures will be one of those survivors, and here's my rationale. In Robert Calkin, we have a pioneer and educator in the cannabis/mj industry. We have a CEO passionate about this industry, as evidenced by him spending several decades becoming an expert and industry guru. Additionally, he is well versed in navigating the complex and constantly changing regulatory requirements. Investment vision could be defined as the ability to see an empire, even as the earliest bricks are being laid.
I think we have a real winner here, and with time the charts will make that point indisputably evident.
As always, simply my opinion.
GRCU
•••>Assuming a balanced, disciplined approach, let us say that an equal $ amount was placed into each of 20 different OTC stocks. If within a calendar year, eighteen of those twenty went bust, one did not advance or decline, and one exploded upward 500x (such as your real world example below which rose from .002 to $1.10), the net impact on the portfolio balance is 25x the beginning portfolio value.
Here's the math, assuming a starting portfolio value of $10,000:
.......................Starting Val.............Ending Val
Stock 1............$500.........................$0
Stock 2............$500.........................$0
...........
...........
Stock 18...........$500.........................$0
Stock 19...........$500.........................$500
Stock 20...........$500.........................$250,000
Due to the one mega winner, the portfolio which began with a starting value of $10,000, rose to a value of $250,500 (which is about 25x where it started). And if the solo winner was only up 100x, the total portfolio would still be up 5x (from $10,000 to $50,000).
In other words, if you can follow someone's lead who can recommend an OTC homerun every once in a while, you can see phenomenal returns, even with the majority of their other OTC picks going bust. IMO, it is no accident that you have so many folks following your lead.
As always, simply my opinion.
Is it really that far-fetched that Robert Calkin, a recognized guru, pioneer and educator, with several decades in the field, might eventually capture 1/2 of 1% of the total estimated market? And if it is estimated to be a $190 billion market, just .5% would equate to nearly $1 billion in annual sales.
GRCU
Good point. But they could not have accumulated the whole damned float, since I have been accumulating shares as well (as per my recent posts).
•••>Those who are students of the american automotive industry know that at one time there were nearly 2000 automobile manufacturers (in late 1800s to early 1900s). There are now less than a dozen, of any consequence.
But the key to financial success is placing a bet on the one who will not only survive, but will thrive. And those that invested in the early winners were handsomely rewarded.
In some ways, the cannabis/mj industry resembles the turn-of-the-century automobile industry. Hundreds of companies have entered the space... most of whom will eventually fade away.
But I believe that Green Cures will be one of those survivors, and here's my rationale. In Robert Calkin, we have a pioneer and educator in the cannabis/mj industry. We have a CEO passionate about this industry, as evidenced by him spending several decades becoming an expert and industry guru. Additionally, he is well versed in navigating the complex and constantly changing regulatory requirements. Investment wisdom could be defined as the ability to see a future empire, even as the earliest bricks are being laid.
I think we have a real winner here, and with time the charts will make that point indisputably evident.
As always, simply my opinion.
GRCU
We are in agreement, qualityincolor. It will continue to trade in the range of slightly above a penny and slightly below a penny, until it no longer does. Then we will all do the financial dance of joy.
•••>Those who are students of the american automotive industry know that at one time there were nearly 2000 automobile manufacturers (in late 1800s to early 1900s). There are now less than a dozen, of any consequence.
But the key to financial success is placing a bet on the one who will not only survive, but will thrive. And those that invested in the early winners were handsomely rewarded.
In some ways, the cannabis/mj industry resembles the turn-of-the-century automobile industry. Hundreds of companies have entered the space... most of whom will eventually fade away.
But I believe that Green Cures will be one of those survivors, and here's my rationale. In Robert Calkin, we have a pioneer and educator in the cannabis/mj industry. We have a CEO passionate about this industry, as evidenced by him spending several decades becoming an expert and industry guru. Additionally, he is well versed in navigating the complex and constantly changing regulatory requirements. Investment vision could be defined as the ability to see an empire, even as the earliest bricks are being laid.
I think we have a real winner here, and with time the charts will make that point indisputably evident.
As always, simply my opinion.
GRCU
•••>This is perhaps the greatest find since the Rosetta stone...
An ancient tablet, with extensive hieroglyphics, was reportedly discovered by some archeologists. One of the archeologists, a savy OTC investor in his spare time, uncovered a secret message embedded in the tablet. Some are speculating that it is a 'buy' recommendation for Green Cures and Botanical Distribution Inc. (GRCU)...
And these archaeologists must not even take time off for the holidays. Apparently they've uncovered another important ancient artifact, during the recent holiday weekend, relating to Green Cures. They also appear to bullish on the cannabis industry.
GRCU
•••> I think if one were able to build a stock screen for OTC stocks that...
a) climbed from low triple zeros all the way to multipennies, and then
b) pulled back to around a penny, and then
c) oscillated in the range of just below a penny and just above a penny for at least 6 weeks
... they would be hard-pressed to find any of those that did not eventually (within months) run into the multipennies again.
I am not privy to historical data screening tools that could support my hypothesis, but my gut tells me that those OTC stocks fitting the criteria above generally revisit the multipennies. And I feel very confident that GRCU will be revisiting the multipennies in the very near future.
As always, simply my opinion.
GRCU
GM_Tech...people here should know that you are on record as having recommended this stock, prior to the ticker change, on 1/23/14 @ .0005 (see post #41441 below). Even with the pullback and consolidation near .01, it is still up 2000% from your insightful recommendation at that level. I'd say that's a pretty good call. And when we go to silver, it will become an even better call.
You were correct then, and I think you are still correct today.
As always, simply my opinion.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96252768
You're welcome, Tha Northern Light.
I don't have the specific data, but I think if one were able to build a stock screen for OTC stocks that...
a) climbed from low triple zeros all the way to multipennies, and then
b) pulled back to around a penny, and then
c) oscilated in the range of just below a penny and just above a penny for at least 6 weeks
... they would be hardpressed to find any of those that did not eventually (within months) run into the multipennies again.
I am not privy to historical data screening tools that could support my hypothesis, but my gut tells me that those OTC stocks fitting the criteria above generally revisit the multipennies. And I have complete confidence that GRCU will be revisiting the multipennies in the very near future.
As always, simply my opinion.
Thanks for the compliment, onpoint2. I would love for it to be stickied to the top. But since it is not, I continue to re-post it periodically for those newcomers that have not seen it.
Something all shareholders should know about Robert Calkin...
In contrast to GRCU's employment agreements (which align the interest of shareholders with those of the company execs), several of the other OTC stocks I've owned have chosen to book a liability for the CEO's salary (i.e. salaries payable) for several quarters/years, and then the company eventually announces 'great news' via a PR that it is clearing away debt off the books.
Then those companies proceed to issue shares to the CEO to wipe the accumulated salaries payable balance off of the books. And since the stock is usually way down just prior to this 'debt satisfaction' event, the CEO ends up getting several hundred million common shares to wipe the salaries payable off of the books, because the share price is in the crapper.
If, for example, the stock was trading at .0005, a million shares would need to be issued to the CEO to satisfy each $500 owed in back salary. And 100 million shares would need to be issued to satisfy $50k in salaries payable.
By Robert Calkin accepting the static figure of 4 million shares (vested quarterly) for the 12 month period, regardless of the performance of the stock, he has demonstrated his confidence in the value of GRCU stock. And when a CEO of an OTC company demonstrates confidence and respect for the stock, the market tends to follow (because it is such a rarity in OTC land).
As always, simply my opinion.
GRCU
The genesis of the explosive price move that GRCU has had, and some of my thoughts on the subject. As painful as this price consolidation near a penny is, IMO it has been a necessary evil over the past few months, for the following reasons.
During the period of Aug 2012 thru Dec 2013, GRCU (formerly TTDZ) traded in the low triple zeros (see chart below). That's 5 complete fiscal quarters of a trading range within the low triple zeros. During that extended period of time, there was least a couple billion shares traded, which represented the entire share structure for the company.
With the entire share structure having been traded in the low triple zero range between Aug 2012 and Dec 2013, there is a very high probability that the vast majority of shareholders had an entry price in the low triple zeros, prior to the price explosion.
Within the 3 month period of Jan 1 2014 and April 1 2014, the share price then ran from .0002 to 4.9 cents. That's a 240x move, which is more than 24,000%. And since that move was preceded by trading of several billion in the low triple zeros which was more than the entire share structure, the huge move upward likely left many original shareholders with huge gains from the triple zero level.
Had the share price been in the low triple zero level only briefly (as some of the OTC stocks experience prior to a huge move), there would not be a large number of shareholder sitting on gains of tens of thousands of percent. But as we know from the historical chart (see below), there was a period well in excess of a year with the stock trading in the low triple zeros for shares to be acquired.
I think it is because of this price history that we have been seeing the stock drift downward over the past few months. I believe that on most days, there's probably a couple of million shares that were originally picked up in the low triple zeros being sold at the bid. While some are questioning why would some people be selling each day with such future potential, the answer is that even around one penny, an original low triple zero buyer is clearing 20 to 50x their original purchase amount. And with an uncertain future, and a declining stock price, who could blame them.
I do believe that most of those original buyers (with an entry point in the low triple zeros) have been flushed from the system, and we should begin to see share price appreciation in the near future.
As always simply my opinion.
GRCU