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.
Though selling the tools and equipment is great, we need an update on Hempistry. Senator introduces bill to legalize MJ.
Hempistry's 23,000 acre agreement can go a long way for both sides...hemp and weed.
https://www.forbes.com/sites/tomangell/2019/02/08/feds-would-tax-marijuana-under-new-senate-bill-actually-numbered-s-420/#7d8665a1612f
"...Also signing on to the legislation are Sens. Rand Paul (R-KY),..."
Kentucky is always on board.
"Next week, the new House Democratic majority will hold a hearing on marijuana businesses' lack of access to banks, part of a plan Blumenauer proposed in a memo to party leaders that entails moving a number of incremental reform bills leading up to the eventual federal legalization of marijuana in 2019."
Zilch.
I got rid of my last bit of garbage on December 31st to help off set my taxes.
If you're trying to imply why am I here...it's for the entertainment. MoviePass and HMNY are all about entertainment...Right? Look at the stock price...look at MoviePas reviews...all a joke.
No one is touching this garbage...on any given day they can be halted.
Sorry wrong board. LOL
.007 coming next week because of delisting.
Whatever...Hollywood hates MoviePass...and Ted...so does Wall Street!
Some people shouldn't be in the stock market at all...can't handle it. Some buy this POS and complain when it dosen't go their way; moreover, when they know the history of this POS and the manipulation. SMH
Great, I'll be sure not to watch it!
LOL. It's always been 49% / 51%
Just means that after bankruptcy, debt gets paid first, then Helios gets their "...recouped...110% of its total capital contribution", then EFO gets theirs third.
Nothing at all. After hours didn't react to the filing, so it's nothing good...just a foreshadow that the end is truly, and deservedly near.
Or liquidation of the company. They must be sensing bankruptcy so they amended the original agreement.
The last paragraph pretty much says it all...who gets what and in what order.
HMNY delist coming next week. My prediction.
Exactly. This one is added to my portfolio...soon I'll be just check on it once a month, so as to not worry about what it's doing. Long term they will be alright. GL
Thus shaking out people in a good way, while someone locks up the float.
Sugarmade Catalyst
BizRight/ ZenHydro Hydroponics Merger
Sky Unlimited LOI Acquisition
Budlife Cannabis Storage
Hempistry Hemp/CBD Investment
Hydro4Less Acquisition
BZRTH LLC Acquisition
Most people don't know about the Hempistry initiative.
"Hempistry has already begun planting and has signed an agreement reserving up to 23,000 acres of prime Kentucky farmland for its exclusive use for hemp cultivation."
23,000 acres!!! All of Canada's producers combined don't have 23,000 acres!
https://www.prnewswire.com/news-releases/sugarmade-launches-industrial-hemp-and-cbd-initiative-844572646.html
https://finance.yahoo.com/news/ranking-biggest-marijuana-stocks-revenue-150100710.html
Listed are the big Canadian companies with revenue in the same range that Sugarmade is projecting. Give it some time and Sugarmade should have a PPS and marketcaps as these guys.
Anyone interested in getting in on this stock, read the "intro".
Sugarmade has the potential to be huge.
The sleeping giant of the United States might be waking up.
Just wait until they announce some Hempistry news. All the buzz and buying has mostly been with the Canadian tickers...SGMD will be a major US player. The US' time is coming.
Yeah, they are anticipating that any moment this could be sent to the OTC.
Delete this POS already. LOL
Jimmy needs to start pitching his agenda to some institutions. Get some billion dollar players interested.
Well it appears that no one is making any money here...not traders, not investors, not Jimmy, no one.
I have my shares, and I'm here until they go big, or go broke. Having said that, I won't be adding to my position...doesn't make sense to double down when we're in the dark about everything.
Around $7
Long term SGMD will be the Home Depot of the Hemp/Mj industry.
Finalize deals; report revenue of $90 million annually ($22.5 mil quarterly), and we're in the same category as these guys. I want to see SGMD with $5 billion+ marketcap.
https://www.yahoo.com/finance/news/ranking-biggest-marijuana-stocks-revenue-150100710.html
I'm thinking Bizright revs will be recognized this time around.
I also noticed that the Hydro4less deal doesn't/won't include Hydro's inventory; which means they're about to load the store up with Sky Unlimited supplies.
Bizright is online, Sky Unlimited is brick and mortar. Sky deal must be close.
Per the Hydro4less 8k...
"...in exchange for the single retail operation, not including inventories on hand."
So there's still hope of sp going back to that level with FINALIZED deals?
On Another note, I applaud you for being as patient as you are. Hopefully you'll soon be rewarded.
IMO, if all of the following comes to fruition, SGMD will be to the US what Canopy is to Canada.
BizRight/ ZenHydro Hydroponics Merger
Sky Unlimited LOI Acquisition
Budlife Cannabis Storage
Hempistry Hemp/CBD Investment
Hydro4Less Acquisition
All the other stuff is great, but I'm here for the 23,000 acre Hempistry initiative. IMO, that's who they should reverse merge with and use the Hempistry name for all of their business interests. Uplist to Nasdaq, create a board of directors in which a person from each acquired company gets a board seat, pay everyone fairly/accordingly, and watch the revenue and profits grow...all while waiting for the next round of excitement...legal MJ across the whole US.
I hope SGMD is the sleeping GIANT!!! Somebody or something wake that mofo up. LOL
To clear the air, HMNY/MP didn't pay/aren't paying for the Times Square billboard with profits from the company...they don't have/aren't making any profits. The billboard is strictly from money gotten from stock offerings, which in essence, shareholders paid for these billboards. Ted and Co. keeps using shareholders at their own expense and thus not offering anything in return to the shareholders.
Over the course of the next few years...delisting, reverse split, another reverse split, bankruptcy...respectively.
Nasdaq is regulated (sometimes poorly regulated), while the OTC is mostly unregulated. The manipulation on the OTC is rampant, hence that's why you "make lots of money", but you also lose lots of money. The average person who makes "lots of money" on the OTC, winds up losing it on another OTC ticker; whether they want to admit it or not.
Ted and Co. will always make money for themselves as long as they are publicly traded. Selling shares doesn't require any hard work or morals. There will always be a niche for penny stocks on all price levels. A paid promotional team with a few fluff PR's is all it takes. Ted and Co are set for life regardless of what happens with HMNY/MP.
All they have to do is start a new publicly traded company, as you can see from Ted's history of failed publicly traded companies, that's what he and other crooks do.
It takes financing to get movies produced. Does MPE have a financing deal? I doubt that. Financing deals are usually made between studios and production companies. If MPE had a financing deal, thus a distribution deal we'd know about it by now, cause that's a huge accomplishment. MPE is trying to become a publicly traded company so they can sell shares to get movies produced, thus cutting out the film financiers; so once again, Ted and Co. would be relying on shareholders to fund its operations, its film production costs and its marketing costs.
Therefore, if MPE is spun off, which there is go guarantee, get ready for an AS count well above 5 billion shares.
With all these lawsuits, it's going to force them into bankruptcy. LOL
But MoviePass' was blatant. They made sure that customers didn't get what they paid for.
Post split OS would be 4 million, with 4,996,000,000 authorized. Toxic financiers are standing by for those 4,996,000,000 shares. Ted's all about the money...doesn't care how he gets it.
Once this POS company gets delisted, shady Ted will exhaust the whole AS; there will eventually be 5 billion shares outstanding. Toxic financiers are standing by.
"hitting $.07 through inevitable manipulation (pump & dump) is not only possible, it’s probable." That's true if they were to hold the .01 range post delisting, but I think stock price will hit at least .005 once delisted, making .07 doubtful short term. OTC stocks can't hold gains very long.
Now subscribers are suing them for "cheating".
https://variety.com/2019/biz/news/moviepass-class-action-subscriber-1203126638/
Good question; also where exactly is the advertisement located? Pretty sure they didn't go all out. Speaking of going all out, they should have been doing this from the beginning...Moviepass would be huge and successful by now...but as the article said..."it's a little too late".
From $1.1 million to $4 million a year.
https://www.businessinsider.com/what-it-costs-to-advertise-in-times-square-2012-12
So it depends on how long it will be there.
$1.1 mil / 12 = $92000 per month
$4 mil / 12 = $333,333 per month
That must be for the smaller space...
For the bigger, main space, it costs $3 million a month.
https://www.investopedia.com/articles/investing/022315/high-cost-advertising-times-square.asp
More lawsuits being filed...not only is the POS company being sued by current/former shareholders, but subscribers as well...
https://variety.com/2019/biz/news/moviepass-class-action-subscriber-1203126638/
Get ready for more like these.
Instead of wasting money on expensive billboards, they should be saving all the money they can to pay attorneys and plaintiffs...but I guess that's why they have the stock market to turn to.
Itum is learning to lie from Ted. Said new pricing plan will be unveiled this past week...nothing.