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Cannabase CEO Speaks:
http://cannainsider.libsyn.com/ep-156-consolidation-is-happening-wholesale-platform-cannabis-acquired
Jennifer was getting kinda quiet lately. I was getting worried if she has a case of the allergies I'm experiencing.
Maybe if the Yahooligans (As I used to call them when Yahoo used to be relevant) can continue to behave, we won't need a Fiefdom. Maybe...
No, I won't be attending.
Neveda Conference Next Week:
http://info.mjfreeway.com/immerse-at-mj-biz-co
EG, kinda a cool backdoor way for someone to invest in BioTrack by investing in HLIX if they were interested.
Here is an interesting phraseology in this PR about the purchase:
http://cannabisdailyrecord.com/index.php/2016/11/10/wire-helix-tcs-to-become-largest-shareholder-of-biotrack-thc/
"...while enhancing Helix’s capabilities to provide the only integrated operating platform in the industry"
That sounds like a spin on my post here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126395394
"This is hammering Cannabase's place into history where MSRT would like to be...
...If you want to do business in Colorado, you must give a percentage to the Italians --, err, I mean, the growing HLIX Consortium."
You know, I don't know if great minds think alike, or if HLIX is stealing my ideas. LOL What I do know is they like to state things more eloquently and politically neutral.
BioTrack Deal
http://mjbizdaily.com/helix-tcs-acquires-majority-stake-in-cannabis-software-firm-biotrackthc/
This is a better-written article in my opinion. HLIX and Rose Capital are the largest shareholders, but not majority owners.
This is Rose Capital Advisors out of Miami:
http://rosecapitaladvisors.com/
Very interesting. In skimming, I was under the impression Helix had a majority stake. But not so. This will be great influence instead. And a good investment hopefully. BioTrack received over $8 million in private placement over a year ago if memory serves correct, so they are in the company of savvy investors.
I wonder if BioTrack plans to go public like MJ does down the road. Or will BioTrack one day be sold. And how does all of that work out for Helix in the future?
Interesting story. Can't wait to see how it all unfolds.
What do you mean by "love the voice to text", EG?
I have no inside information, just for the record. And unlike Brockstein, I see this price as justified IFF all sales targets are met within a few years. This actually could still be a Lynch 10-bagger from this price going forward, but I think that $100 per share is possible 10 years out in a best-case scenario. And that best-case scenario is better than Trumps chances to be President. And he somehow did it. It's better chances than the Breix Vote, Cubs, and Trump all happeing in the same year. Did I die and go to an alternate universe?
The 100-bagger deal is over, however. The 100-baggers take a special gift, which Brockstein actually loacks. Speaking of Hell, Thanksgiving is fast approaching. WFC is rocking, rolling out the gate! This is awesome and great. It feels like HLIX all over again. My shares are tremendous power there, and last two days have been awesome.
On the downside, I was prepared to pounce on WFC yesterday for another Black Tuesday. But it never happened. That makes Thanksgiving even worse! At least I could have said the stock market crashed in response to Trump. #$@!! I have to face gloating vacuous arguments soon. Why me? WHY ME??
Thanks, Expensive One. Your courtesy and rare manners are appreciated. You'll be an asset to this board and company. I hope you are a shareholder yourself. To me, it's more than a stock. It's an adventure as a stowaway. Unfortuneately, when I do buy back in, I won't be a stowaway anymore. I'll have a regular ticket, instead of riding with the baggage, which just isn't the same. But, oh well.
I'm very familiar with the trolls. In fact, I am the ultimate troll -- trolling with purpose as I see it. But mine has a legitimate purpose. A 3D purpose. A contrarian troll.
I have no idea what you are talking about. I sold all 10,000 of my shares with the exception of 160 according to the record here and posted on the front page. Why would I sell ad then buy back in at $10.00 before even paying taxes. Then what was the point in selling?
I've already stated on this board that I will start dollar-cost averaging at a price that makes sense to me after November IFF I could be so lucky. I'm not timing the market or ruling out any possibility that this stock could, in fact, go to $20 or $30. Nobody is suggesting or asking you to do anything here.
How did you hear about HLIX anyway? What brought you here?
I am hoping you are right for my own selfish reasons. But I wouldn't underestimate HLIX either.
I know a lot more than you think.
I made an easy $50,000 plus with "no volume," and I was told that vacuous argument since the bottom. I don't follow your logic.
You don't know what the terms of the deal are. You have no idea what price he would be happy with or if he looking for a quick buck or a long ride.
I don't care what you claim to have bought. I want to see your time-stamps at time of execution like I put mine up. Without corroborating evidence, I dismiss it as hearsay. At least show me you are capable of such transactions. Talk is cheap. My entire history is on the record here.
I'm sure the guys at Biotrack are a lot smarter than you give them credit for. These discussinos at Biotrack weren't happening when the stock was at $10.00 anyway. I'm sure they are just as in awe as I am. They would be very happy with $2.00 a share, which is a great return this year. And so would I have been.
This election was just horrible. Only the Marijuana ballots turned out good. Everything else went to @#$#@. So depressing. So awful. I didn't see this coming. I would give every penny I made on HLIX if I could change this outcome.
I don't know if the ballot votes will be able to prop HLIX tomorrow. There could be a lot of deleveraging and margin calls tomorrow. I'm lucky to be sitting on a lot of HLIX cash still, so I'm going to look for some good bargains.
I can't sleep at all. I have to have Thanksgiving dinner in a few weeks with nothing but Republicans. The worst kind -- The Tea Party Republicans. This is just horrible. This is going to be worse than eating dinner with 10 clones of Alan Brockstein.
The only good thing that could possibly come out of this is a massive panic selling today. So bad that it's worse than Black Tuesday. After this election result, it wouldn't surprise me at all.
Mayer Lansky's Brain
This is what I said a few months ago: This company needs Mayer Lansky's brain. I said I think we have that, and I have no doubt anymore that we do.
Forget value for a moment. This is pure strategy and long-term thinking. This is hammering Cannabase's place into history where MSRT would like to be. But MassRoots is just a story. A Brochstein endorsement because they filed with the SEC and went public the "right way," yet expensive way and seem to have had an "analyst" get a kickback for coverage.
MassRoots is just an advertising platform and implies they are what Cannabase actually is. It is Cannabase that all articles go to. Even Brochstein himself referenced the site, though he has amnesia about it. It is valuable data, it is the argument that MassRoots keeps talking about. But HLIX, unlike Massroots, is just doing and not talking. I'm the only one doing the talking.
Now Helix has control of BioTrack. MJ, better place nice! MJ could STILL do something pretty awesome itself, and I wouldn't be surprised to see something related to HLIX and MJ come out soon. If you want to do business in Colorado, you must give a percentage to the Italians --, err, I mean, the growing HLIX Consortium. One with Murder Inc. behind it, Rose Capital, which I suspect has Scot Ogur and Spectrum Investments's hands in there somehow, as well as a decades-long contact list from the duo's experience in frontier markets.
No more Mr. Nice Guy! If you want to do business in Colorado, you must pay your taxes to Helix. California, you're next! Puerto Rico, we already have a contract with you and you must use Cannabase. No IFFS and or buts about it. It won't be Massroots. Mayer Lansky is calling the shots!
This is STRAGEGY. That's what I was talking about!!!! Brockstein, what's wrong with you?? This is stuff you can't learn. This is art, science, and experience at work.
What you will pay for all of this is something that's really ahrd to measure right now. But the future looks great, and I have little doubt that HLIX will catch up to this price at some point down the road. Will the HLIX price fall? Who knows. I don't time the market or make predictions. Sentiment is an intangible of sorts.
Biotrack
https://www.marijuanatimes.org/one-size-doesnt-fit-all-biotrackthc-on-the-future-of-cannabis-tracking/
Between work, work, and sleep, I can hardly find the time to look at this. I just know BioTrack is a market leader and experiencing fantastic growth.
This is going to be a great asset for Hlix. It is an alignment of interests for both companies. It is consolidation of the industry. Cannabase was a launching pad to great things. Now it's clear HLIX is a force to be reckoned with, and that will oen all kinds of doors and prejudices that fall in HLIX's favor.
This is the kind of thing that could be a hidden gem for value investors down the road that see Biotrack on the balance sheet, but not showing up on the bottom line. The kinds of things Peter Lynch would look for when the sum of the parts were more than the whole.
Right now, lots of speculation. But the whole industry is like that. Biotrack is private, so it's hard to know what's inside. Fun and exiting times for HLIX.
$570 million market cap now. That's from $40,000 one year ago to this day when I was trying to figure out how much an empty shell was worth. Which was worth about $40,000. Wow! Talk about seed capital! Those were magic beans I had in my hand and didn't know it. I knew there was something special about them though.
This story needs to be condensed for a children's story book. Greenie and the Magic Beans! Brockstein can be cast as the Grinch that tried to steal Christmas. Green Genie, planting magic seeds in fertile soil. Zachary as the Golly Green Giant! And Jennifer as the good witch of the West that paved the golden road that all rivers flow from.
I'm certain you are right. It is a winner. Rose Capital is interesting. That's just another endorsement in a long list of endorsements.
The only thing I ever question is price. Not sure how to value this deal at all at the moment and can't really do much more than skim at this time.
I will be dollar-cost averaging in this company after November, as I said. :)
Awesome, awesome company. As I said before, if there is a penny stock that goes to the Nasdaq, this is it.
Zachary, thinking outside the box.
That's what I'm talking about! Excellent company! Blindsided Brochstein but not me.
Hope I'm wrong and you guys go to Mars and leave me on the moon!!
As I said, November should be interesting. They were already riding on one of the industry leaders coattails with the Biotrack partnership, but this is just more punching power.
Like I said, anything could be in the works such as a merger or MJ going private through Helix. In this case, the card I couldn't see is Helix investing in Biotrack. There are could be more surprises on the way which no analyst can measure. An analyst only interprets the rear-view mirror.
Book Burning Overruled:
http://webcache.googleusercontent.com/search?q=cache:sHRrWP8G4A4J:seekingalpha.com/instablog/6880-alan-brochstein-cfa/4902878-10-reasons-extreme-caution-cannagrow-holdings-otc-cgrw+&cd=1&hl=en&ct=clnk&gl=us
Luckily, there is still a cached version that retains 99% of the conversation. I have saved it and emailed it to myself to be posted at Masada in its entirety later.
That cached link should work for awhile, until it is refreshed with a new cache.
I made the same error the librarians of the Library of Alexandria made. I should have had a backup. The same malicious intent continues on centuries later. Thank you, Google. Google is my #1 spy these days.
A second backup copy for pubic view, as it as intended, will be available on Flicker and some other sites shortly for prosperity.
I'm all about the legalization of 420, but I have serious issues with 451.
I'm not educated enough on the two to know. I have a good macro understanding, but the deeper you go into the cellular level, the more lost I get. That's true for Nutrition, the Electoral College, Gravity, you name it.
Would love to know your detailed thoughts on both.
Quote from Watsa-Blackberry Motley Fool Review:
"If you’re a contrarian investor with a long-term time horizon of over five years, then BlackBerry might be your ticket to great returns, as the business is making a huge pivot–one that I believe will be an extremely positive one for long-term investors of the stock."
Source: http://www.fool.ca/2016/11/02/why-prem-watsa-loves-blackberry-ltd/
This is what I used to call the "lag time to understanding" in the '90s.
I suspect Alan Brochstein complained to Seeking Alpha and had our entire conversation deleted, which was linked on the front page here. I will let the link stand for a few more days. However, let the record reflect that I claim no responsibility to the censorship of dialogue between myself and Brochstein.
I have the feeling this a guy that doesn't like to be wrong and certainly doesn't want a written record of it. My psychological profile of him tells me it's more important for him to be "not wrong" than it is to be right. Not a rare situation. And a big obstacle for a good investor to overcome.
I will appeal the decision. The conversation was very relevant to the company whose forum it was posted on since they issued a press release about the importance of HLIX to their company's distribution.
My experience with the appeals process, however, is not good.
Are you still here, GB?
HLIX: Alan Brochstein wrote an article with HLIX mentioned in it.
This is the analyst I have a conversation with in the link on the front page.
https://www.newcannabisventures.com/risk-rises-for-u-s-cannabis-penny-stocks/
"At 420Investor, I lead a community that would love nothing more than to see a sustainable rally in cannabis stocks rather than a speculative bubble like we are experiencing now. Unfortunately, the fundamentals are lacking for the vast majority of the companies that trade on the OTC. Many don’t file with the SEC, an obvious red flag. Others have no financial ability to pursue their business plans: Too much debt, no assets, negative cash flow and no access to capital. Even if this weren’t the case, most face another obstacle: High valuations.
While this isn’t an exhaustive list, here are just some of the examples that strike me as ludicrous:"
He then goes into a long list with this exerpt of Helix:
"•Helix TCS (OTC: HLIX): $469mm market cap (including convertible preferred ) for a company that generated a net loss of $485K in the first half of they year and has book value of just $344K"
I can only agree with him on valuation. That doesn't mean it will ever be valued to textbook in this decade. But, yes, all bubbles eventually burst. The housing bubble went on for several years.
However, everything else he mentions doesn't apply to HLIX and is a display of Brockman's ignorance and prejudices. I have gone beyond basic dd, and I have falsified all of his concerns.
1) Not reporting to SEC is a red flag. However, once you apply the scientific method, you can de-flag this red flag. Red flags are just flags for further investigation just as a person of interest in a murder case can be ruled out. There is enough transparency to make an intelligent, informed, and trustworthy decision.
2) Not filing with the SEC is the Modus Operandi of Venegas. A preliminary background check would confirm this.
3) The company will most likely file with the SEC soon and Brochman would have to pay up to own it -- more than 10 cents when I first brought it to his attention.
4) HLIX has no problem raising capital to pursue its business plans and actually spends money more wisely than others and gets a lot more accomplished on a lot less funding. That's experience at work and Venegas's ability to do things he doesn't need to outsource.
5) Then he says, "Too much debt, no assets, negative cash flow and no access to capital." -- False, false, false, and a big FALSE as it pertains to Hlix. Big F to Brochstein and his research.
6) He closes with, "Even if this weren’t the case, most face another obstacle: High valuations" That is correct. That is the ONLY case that can be made against HLIX. Period. The top 5 do not apply. He doesn't say they apply, but it's implied and shouldn't even be lumped with the others. It's almost libel by association.
There are also countless wildcards that could emerge such as unforeseen mergers that could change the entire valuation overnight. You could go from minnow to shark in a few leaps and bounds and never see the very sane valuations Brochstein chose to pass on because he was blinded with pride and prejudice.
For my own selfish purposes, I hope the stock drops to a buck. But I would never write such a foolish and fanciful article. HLIX is undoubtedly overpriced and in a bubble, as is the whole industry. But for HLIX, the argument can be more aptly described as "based on the current information available." I believe I have good intel, and so I made the case for high valuation. One can never know what cards are out there that aren't in the deck, IFF such cards are there to be found.
Now, all that being said, the preferred is never talked about by Venegas. This is something that is a red flag and it could be amended. It's not set in stone. It would be great if Venegas did change it or come out on the record with an explanation for it. This is a question that should have been asked in the Q&A session investors had last month.
And lastly, as a FINAL NOTE: As Blackberry's new turnaround CEO Chen said, "any attention is good attention." I like that I ruffled his feathers and got HLIX talked about. I changed the time line - a ripple effect. Time to ruffle them some more. The savvy can see through him. There are analysts, which are great for what they are. Analysts are a great tool if you know how to use them and know how they get "anchored" as it's elaborated in the field of behavioral finance. The more analyst coverage, the better.
And then there are those who put their money with their mouths. Money managers and analysts -- two different classes all together. The value investors will always be there to catch HLIX's fall, which will never be ground zero again. And that's precisely whom I believe Billy Idol was referring to in his song, "Catch my Fall."
Time Stamp For Futurists:
I need to time stamp this post so I can reference it as corroborating evidence in the future. I will supply a link on a future board to corroborate my entry.
On Item 5 is the number 3,XXX,852. It is this link that sparked an investigation which is worthy of positioning myself in for a future company that is currently an empty shell. I think it will involve the Indi films, and I believe one of the partners whose experience as a broker (initials BG) has a position in this shell for the purpose of a reverse merger. It is the link that brought you, future reader, to this post which is from the company you are reading about now. This filing is from your company. Its ticker symbol may or may not be the same as it is at the time of this entry.
It is extremely hard to acquire 1 million shares at a fraction of a penny (in the range of .001 to .002) I currently have 53,000 and counting. When my position is full, I shall reference this post from a future board in order to time-stamp my place in the archives of data. Like Buffett, I cannot disclose my buys until AFTER I buy because I don't want my growing fan base to get the fruits of my labor. However, you can ride on my coattails when I'm ready.
There are some very interesting filings and some unusual activity, and that sparked an investigation. A single address has yielded some very interesting trails, and it that will be elaborated on in the future. The physics are right and I expect some reverse splits less than or equal to (but not greater than) 100 to 1 in its *entirety* when all is said and done. In a worse-case scenario. I'm going to speculate it will be a 50 to 1 reverse split when all the dust has cleared.
The cliff is very small. The distance from the peak to bottom is .001. Contrary to Professor Math, you can't lose 100% of a position if the position itself is a fraction of the pie. It is the pie that is the position, not the slice.
MJ
I don't know that. My quote verbatim:
But for all I know, MJ Freeway is trying to go public through HLIX and the price is up on some kind of inside knowledge in regard to that. I wouldn't know.
When I say "I wouldn't know, I mea just that -- I don't know. I'm throwing it out there as a *possibility.* All I'm saying is that IFFF they did, I may regret my decision to sell. There are thousands of possible things that MIGHT be happening behind the scenes. There are several possible outcomes to each of those possible things.
I'm only saying that would be very interesting and exciting. That's ALL I'M SAYING.
I've said on a few different I have given the possibility thought. As both a bad idea and a good idea. I'm not sure if it's a good or bad idea. I just feel confident that MJ has plans to go public. By what means, I don't know. Do they even know themselves? I don't know.
I know Venegas would be a good guy to talk to about that with his background. It seems like it might be a good idea for MJ since they don't like BioTrack much. Would it be good for HLIX? After further consideration, I think so. Maybe. Cannabase was vertical integration. This would be further vertical integration. Could be a win win situation for MJ's investors, HLIX investors, etc? These are the kinds of things I'm sure Venegas thinks about every day. I think about them too. I have NO IDEA what, if anything, is going on with MJ other than the announced partnership. Speculation is about a lot of what IFFS.
IFF I had any supporting evidence at all that this MIGHT be in the cards, I would have kept 2,000 shares on the table for sure. I still think the two combined would not be enough for this valuation to keep all that I had. However, I have NO SUPPORTING evidence for this mental exercise of what IFFS. It would be complicated because they do have shareholders themselves.
I'm not in the stock, Aston, with the exception of 160 shares. Actually 60 now, but I didn't time-stamp it, so for the books here, I'll go with 160.
Aston, are you paying attention to anything I'm saying??
I walked away with over $50k in profits. I'm happy about that. Now, had I never sold a share, I would actually have $70k in paper profits. That's actually better. I don't have a crystal ball on me. So far, the case could be made that I should never have sole a single share. So far, anybody that invested in HLIX has done well.
That being said, I think it was wise you took a good profit back and you can still claim a loss with the IRS. I have to pay a bunch of taxes and it's not because of distrust. It's because of valuation and my mentally ill business partner with the dissociative personality disorder, Mr. Market. It's not fair to lump this company in with all "micro caps," and I actually like micro caps. And small caps too. The OTC has been cleaned up considerably since 2008. The SEC is still cracking down and suspending trading. In the '90s, it was a lot worse. In the '90s, you could get away with just a story. You can't get away with just a story anymore. The more technology advances, the harder it is for companies to hide. Pretty soon, we'll be able to zoom in live from Google and watch Grant Whitus holding a training camp, live!
Look, everybody that bought Wells Fargo at $58.00 is hurting. Pain does not mean scam. Well, bad example. Everybody that bought Exxon when oil was $110 a barrel are not feeling good. This is a great company. I'm proud of them. I'm sad I don't have an options market here.
There has been no "hype" on this stock. This is a company that does first and talks later. I suspect a lot of news this month because of the 10Q and the timing of some things, but these were in the works when the stock was 89 cents. I am strictly a value-driven investor. This company is NOT A SCAM. If it falls to $1.00, it will be because of an oingoing volatile price discovery process. And if it goes to $20.00, same thing! One will be a screaming bargain and the other won't in my opinion.
All I'm saying is I got my 100-bagger early. The stock rose fast, and now growth has to catch up in my opinion. But for all I know, MJ Freeway is trying to go public through HLIX and the price is up on some kind of inside knowledge in regard to that. I wouldn't know. There are so many possibilities. I'm just comfortable in a margin of safety is all. And I'm happy you got your profits. And I'm happy to say I TOLD YOU SO to Brockstein. Boy, did he get this one wrong. He gets an F on the CFA Exam for this open-ended question. F- I need to school him in the arts of experience and science and psychology, but he's not ready to learn yet.
Another one who gets an F and is going to be schooled soon is that bear with the FICA badge. I have a hunch HLIX is going to file with the SEC if not now, then soon, and I'm going to be sure to bring that to his desk personally, hand-delivered. And then ask him to sign a written confession and make a public apology.
The "hype" hasn't started. It is a trustworthy company. Everything is trustworthy on its on merits. The black market on Cannabis is untrustworthy because it was created from fear and ignorance. Any regulated industry, however, is trustworthy.
The valuation of any company is a subjective number, trustworthy or not.
Book Mark
I cannot keep my eyes open. I can't stay awake.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11319108
Have to come to this later.
I'm not familiar with these two names. It sounds like a bribe to me. Just paying them off with "worthless shares" which can't be that "worthless." Whatever happened to Zip Dhanari. That was a shady character that seems like he'd want something. How come none of the real debt is being paid like this? Scoundrels! I have nothing bad to say about Caie Foods. I just know they must be so ready to get on with the show.
I'm very interested in seeing the 10Q and legal updates. Any day now!!! Something is cooking here. And, please, don't tell your friends about this one, Shell. One, you don't keep good company. They are rude, crude, and not that bright. You have manners, and I can't say the same for your heathen friends.
Two, we don't have any float here at all to share. And three, it's also going to take a LOT of patience. They have the attention of gnats and won't make it. This ticker symbol will change. It will be a Cusip Number for weeks. Another year minimum will pass before you see anything interesting.
If anybody stumbles across this forum, just move along. Shoo! NOTHING TO SEE HERE. We are just two fools messing around. We know nothing. I don't know even know what a stock is. Something about paper. Skedaddle!
Thanks for the heads up, Shell.
I'm up to 5,000 shares now. Something is definitely going on behind the scenes here. We are too tiny to be reverse splitted.
I just bought 53,000 shares in a 3rd empty shell experiment today at .0015 with a million-share order pending. It looks like it might have some good physics after a worse-case scenario of a 100 to 1 reverse split.
I'm happy for you, Aston. And it's already a 100-bagger. I believe you mean you dont' believe in a 1000-bagger. That's a lot back, and I hope you recoup the rest through other ventures. Maybe we can both invest in Helix again at a lower price and get a 100-bagger all over again.
When I mentioned DDRX as a penny stock that went to $40.00, that was a true story. That one, however, was kicked off the Nasdaq. I have yet to see a penny stock born as a penny stock make it that far. HLIX is truly an amazing story, but it is a still just a baby. Lots of growth ahead!!!
Now, if Venegas would have opted for a nice $5 million shares outstanding, we wouldn't be having this conversation. But I think the physics there would be a double-edged sword.
Don't be sad if the events of November push this stock to $20.00. Keep a 100 or even 50 shares if you think that. Keep something just to stay interested, IFF you want to be part of the story.
I can see the company keeping the float tight and just releasing stock from treasury on an as-needed basis. They are unorthodox, which is a good thing. The other possibility is maybe they flood pool, in which case shorts could be influential. I'm not in the decision-making chair, so I just don't know what the future holds. I'm just confident that HLIX is a great company, and every great company has a price. And I'm also confident this market cap is too high for Mark Cubin. Mark Cubin, btw, has this industry pegged as 3 I's. Don't be the third I. Great for you, my friend!
Wormholes
In fact, Aston, just to elaborate further. I do believe HLIX is the 100-bagger for all the reasons I gave. Discounted cash flow the best measure of valuation ASSUMING all revenues are equal. But revenues are not equal. This is an exceptional case; however, a 100 times revenue is more than exceptional. In 5% of all cases, most of them being oversees, is a p/s of 10 justified.
What the market is doing is paying for tomorrow today. What happened to me is I went into the future, into a time warp as I see it. I have no problem living in a margin of safety where the valuation needs to catch up with me. But in this case, the company needs to catch up with the valuatin. I believe it will, but why wait when the risk is zero to exit now? That is my reasoning.
I may never get the stock at a discount, and it may trade at 200 times sales forever. That would mean no future dilution at all, btw. But I like loaded dice and I like sure things. Mr. Market is not my guide. It's really hard not to let him be your guide because he validates you when you are right. But don't be too right.
I'm going to come back to the present, hopefully. But I'm enjoying the fruits of the future now, and I have made sure that future is not an alternate reality, but today's reality. I jumped into a parallel universe, and I like it here.
In this new universe, I have bought another 1,000 shares of BBRY in the form of 10 BBRY contracts at the Jan '18 strike price of 5. And I bought another 1,000 shares of PER, a Sandridge Trust protected from Bankruptcy, which means I get 1,000 shares of BBRY that pays a dividend that will more than pay for the decay rate on the call option, it diversifies BBRY into an oil conglomerate, and I still get those 1,000 shares for a net discount to its current price which is already below it's intrinsic value.
And that's from less than 10% of my profits here. Cha Ching!
Hi Aston,
So, you really have $8000 in paper gains right now? I'm really happy for you if you do. That's is a big recoup from SPKL. I wish you took the plunge with me and bought a million shares at a fraction of a penny back in that small window of time when it was possible.
Send me a friend request on the "serious investor" link, and you have access. You are grandfathered in. I would just send you a 4 digit code for you to repeat in this forum to make sure no Bear gets in. They are sneaky sons of beehives.
I believe the hype. I just don't believe the valuation. 100 sales is a big premium. Discounted cash flows are a true measure of valuation, but this one is really expensive. That doesn't mean it won't go to $30. I sure wish I had a crystal ball for you. I wish we had an underlying options market to hedge our positions.
In your shoes, I'd take the profit. And if you believe the hype, just do some dollar-cost averaging over the years. No matter what happens, that should give you a good fair cost basis. Even if it trades in a bubble forever, which it may very well do. Who knows? Of course, I do kick myself for every share I sold under $5.00. But the decisions were safety decisions that I would repeat if I could go back in time and do it over again. But only IFFFFF I couldn't keep my memories. Now, if I could go back and time and keep my memories, I'll be the new Buffett in town. And that just might be his secret. He just might be from the future. LOL
Interesting November
As I said a few posts ago, I predict a VERY interesting November. And a very interesting year all together.
Many shares will soon be unrestricted to my understanding within the next 30 to 60 days. And by April, pretty much all of them should be as I understand it.
I predict volume will pick up substantially. However, the float will also be rising substantially. The physics will change. I really love this company, and it's trading at about 100 times sales right now. I would not say that's overvalued. I remember John Martin and Tim Ryan (The dynamic duo from Taco Bell) buying a chain called Coffee People because it would take them "ten years to build what they could buy in half the amount of time," and they paid $300 million for a hodge podge of brands in dire shape. And that was dollar-cost DOWN averaging story for a long time, but I still came out really good. The company was cursed, but time was the liberator. When en it comes to acquisitions, things can get complicated. And these prices need an acquisition case for it.
So where is the price going? I have no idea! Many wild cards are popping up now. Whereas I was sure about things with 99% confidence for over year, as I preached to the sound of crickets, I'm entering a fog. But what I might do is utilize the power of dollar-cost averaging. Very, very powerful math. I think this stock could go up to $15.00 or down to $1.50. I don't think it will ever be less than a dollar, but that would be awesome if it does. It's not going to be CSAX or BLPG, the losers. Those fleecing stories will never overcome the physics they inherited and may even see some reverse splits in their future. I don't care what their new management team stories are, not even Zac could turn around that cluster #$#@.
This one, however, is going to be the market leader and is going to do well I think. Dollar cost averaging is a good strategy for anybody. A hundred shares a month for the next 5 years, and it's going to work out. Mine will be more complicated. I will definitely wait for November to subside, unless the stock crashes to below $2.00 which would be an early Christmas gift. I can't predict my business partner, Mr. Market. He is all over the place, right or wrong. Soon the company will be raising capital through stock, but I think it's coming out of treasury and not dilution. This one really is different. It will be an education, for sure. I also think you will see them file with the SEC. And if any penny stock can make it to the Nasdaq one day, this is the one.
This is one company you don't want to underestimate. And don't underestimate Cannabase, like our analyst friend wrongfully did. One he even referenced himself but has amnesia about.
Now, word to the wise: When it come to the power of dollar-cost-averaging, which is in Chapter 1 of the Intelligent Investor by Benjamin Graham (the best book ever written), Mr. Market gets really, really stupid on this math. He will mock you all the way down because he can't comprehend the math. And one day, if you choose your spouse wisely, she will come through for you and you will knock his teeth out. And he will vanish, just like the bears here vanished. They vanished because they are weak. In this case, they just got knocked out early in the game. But the strong can go many more rounds, and the savvy always come out on top.
HELIX TCS gets Written Up in a Real Magazine
On the other hand, a very good article was written on Helix TCS and Zachary interviewed in a new issue of a reputable Cannabis Magazine.
Link and page numbers at Masada in the Files Section with the "Investors Presentation" since the two are closely related. Although, some very interesting stuff about Scott Ogur.
New issue, Fresh off the Press. Just found as I review my subscriptions. 5 very interesting pages.
Wait, Zachary escorted convoys through the Lord's Resistance Army in -- This is better than watching Breaking Bad! I don't even know why I'm sharing this. It's against my best interests. I want a ten-cent price again!
Wait, Zac has never consumed any alcohol or cannabis ever? I can say I never did Cannabis, but alcohol? That's funny. I have a friend who served in the Armenian Army. The only other person I know who has never had a sip of alcohol.
HLIX was in a Newsletter.
Thanks to my new friend FORD for sharing this. I'm not on their mailing list. I share this only because it's not sophisticated, and bears are worthy of unsophisticated info. And most of them are not even worthy of a capital letter. Were it sophisticated, then it would have to be sealed for the eyes of the righteous only, which are those who know how to talk respectfully, debate with intelligence, and -- well, are not jumping to conclusions and profiling and making accusations without supporting evidence.
This may explain some of the run-up. I feel confident this has nothing to do with HLIX or Uptick Capital or anyone else affiliated with the company. For one, It's too unsophisticated. It comes from a pay/members only website called "Penny Stock Millionaires" according to Ford below:
https://www.angelpub.com/
Two, It has false information in there, like the market cap. So, can't be HLIX behind it.
Three, there is plagiarism in here. I recognize some sentences verbatim from an article that I actually posted on this board. It is not the caliber or profile of HLIX or Uptick. Zac would not pay for sloppy work like that.
No disrespect to my spy Ford. He's part of my growing satellite network of spies. This is just intel that I'm interpreting.
The research that I have posted on this board is a LOT more sophisticated, accurate, and two-sided (with a devil's advocate) as in the link on this main page. My market cap is accurate, my research is much more comprehensive. Whoever wrote this is very lazy, rushed, and is charging people that deserve much better intel. Accurate intel! My intel is free, and it's a lot better if you take the time to read my entire history on I-hub's HLIX board from start to finish. That's just the dang darn truth.
I can already see Mark Cubin rolling his eyes with the industry talk. That comes second, not first. That's irrelevant if you are not operating efficiently. In this case, HLIX is, but you wouldn't know it from the email below.
Now, all that being said, if they really are "reaching out to management" for an interview, there is no problem giving interviews. Just please, for God's sakes, ask some interesting questions. Do you want me to ask the question? I'll write them down. I should have done that for the last presentation, which actually was very professional. I never got my questions submitted on time.
The alleged email below:
_________________________________________________________________
have another recommendation for you that can’t wait until the next issue...
Helix TCS (OTC:HLIX) is a very interesting company operating in the legal cannabis space. Headquartered in Colorado, they provide integrated operating solutions for the legal cannabis industry. Helix provides banking consultation, data, security and product monitoring and transportation for the industry.
They are pretty much a one-stop shop for companies that wish to break into the business.
They are located in the right place too: a new report from the Marijuana Policy Group about Colorado’s cannabis business reveals it to be a $2.39 billion market in 2015 alone – the fastest-growing business sector in the state.
To put that in perspective, the report suggests legal cannabis will surpass tobacco by 2020 as a source of tax revenue.
It has already funded more than 18,000 direct and secondary full-time jobs last year alone.
Setting these businesses up isn’t easy to do, and Helix TCS exists in order to get all of a fledgling cannabis company’s ducks in a row.
TCS stands for Technology, Compliance and Security.
Most of the most difficult aspects of the business come about because it is so highly regulated. It’s a joke among cannabis investors that the only industry more regulated than cannabis is nuclear energy.
That’s why it is so important to understand regulatory compliance.
Here’s how Ryan Girard, CEO of Complia explains it:
It is far too easy to overlook what may be the most critical component to an acquisition in the cannabis space: regulatory compliance due diligence.
Licensing
First and foremost, it is critical to validate the authenticity and standing of all marijuana business licenses from both state and local regulators. Just recently Cannacea, a marijuana business in Oregon, captured headlines as reports surfaced of Cannacea management fabricating letters from regulators to entice investors. We’ve also heard reports of operators using tools like Adobe Photoshop to simply produce fake licenses.
States like Colorado offer an online database of license standing. This is an easy place to start. However, it is also strongly advisable to call the regulator by phone (or pay them a visit in person) to verify the authenticity of all involved licenses.
Investigatory History
Additionally, it is of critical importance to understand if the target business has had any negative run-ins with regulators in the past. It is entirely reasonable to ask the the target to provide copies of all inspection records from all applicable regulatory bodies including marijuana regulators, health regulators, fire department officials, law enforcement, OSHA, agriculture departments, and others.
As with licensing, acquirers are strongly encouraged to reach out to regulatory bodies to verify the information provided. Most regulatory agencies will provide copies of all applicable records for a nominal fee provided the business owner has provided permission. In some cases, the Freedom of Information Act (FOIA) or local equivalents (such as CORA, the Colorado Open Records Act) can be utilized to dig up additional information.
In the event this research reveals a pending investigation, it would be wise to involve legal representation to ensure that appropriate protections are employed in the event the outcome of the investigation causes damage to the target entity. Because there is still a rather limited set of enforcement/disciplinary data available from historical investigations, use extreme caution if exploring a deal with an entity that is pending investigation.
Operational Compliance
Regulators aside, it is of critical importance to carefully inspect the business and review business records for any compliance issues that might not yet have been identified by regulators. In markets with hundreds of marijuana businesses, it’s not uncommon to hear about marijuana businesses that have never received a visit from a marijuana-specific regulator. As such, regulator inspections records cannot be relied upon as a definitive tool when evaluating a business’ compliance program.
It is advisable to request that the target business furnish a wide range of documentation including:Current and previous licenses (for the past three years) and all regulatory filings from the previous year (including license renewal packets, modifications of premises, change of location, change of trade name, change of ownership, etc.).
Detailed documentation surrounding involved entities, property owners, locations, local licensing authorities, and owners.
Employee files (which should include applicable compliance documentation including pesticide applicator certificates, food handler certificates, occupational badges, etc.)
Laboratory test data (including all evidence to support full compliance with applicable and required testing standards – keep a close eye out for pesticide issues)
Inventory tracking and appropriate use of required State mandated seed-to-sale tracking tools
Moreover, it is critical that the target business is carefully inspected and vetted for all appropriate on-site compliance requirements including:
Security systems and associated logs
Visitor logs and visitor history
Incident logs
Required packaging, labeling, and signage
Compliant facility layout with clearly defined restricted and limited access areas
Patient records and designations
This is only a small taste of the full breadth of what should be closely examined.
Conclusions
To those business owners hoping to one day sell their business, take proactive steps today to secure your business and maintain comprehensive compliance records. Your diligent compliance efforts will build value into your business and secure your most valuable asset: the license that allows you to generate revenue.
This is a complex and specialized field that needs very careful attention. Given the highly complex regulatory environment surrounding cannabis, regulators command a great deal of power and have tremendous influence on operations.
We have only just started to see the tip of the consolidation iceberg. It’s only a matter of time before we hear more about deals gone bad because of compliance issues. Don’t let cannabis compliance fall by the wayside and allow your next acquisition to fizzle.
As you can tell, there are so many moving parts here that companies would be wise to use a company like Helix TCS to manage it to avoid overlooking any important step that could literally sink a business before it even gets off the ground. I wouldn't expect any new entreprenuer to have a grasp on all of these topics.
Security
Helix TCS is already the fastest growing cannabis security company in the U.S. – and they have the credentials to back it up...
CEO Zachary Venegas is a West Point graduate who served with as a U. S. Army infantry officer before going into a career in finance. He has established and led cutting edge firms in the competitive intelligence and security industries in Africa and the Middle East. Since beginning his career at JP Morgan in Geneva, Switzerland, he has lived in 14 different countries, operated in over 70, and speaks Arabic, French, Portuguese, Spanish, and Romanian and has a conversational command of Afrikaans and Swahili.
Their VP of Operations, Grant Whitus, is a 26-year veteran as a Colorado sheriff, and SWAT team leader for some of the most significant tactical operations in the nation’s history, whose record includes 16 medals as the most decorated deputy sheriff in Jefferson County, as well as being honored with his SWAT Team in 2002 as “Police Officer of the Year.”
The Helix TCS security team is comprised of accomplished military and law enforcement veterans, all of whom are trained with the most advanced training techniques, including response to the active shooter techniques, hand-to-hand combat, robbery response, cannabis laws and compliance.
Some pretty legitimate security credentials there, as I'm sure you'd agree.
Technology
As for the technology part of the business, they have also just acquired Cannabase, the oldest and largest wholesale platform in the cannabis industry.
Here’s the press release:
The purchase of Cannabase, a leading cannabis industry technology provider, will allow Helix TCS to rapidly expand its technology operations in the quickly emerging cannabis market. “Cannabase’s critical mass in the marketplace, coupled with the deep pipeline of market-ready technology solutions, made its acquisition a strategic imperative. As the largest Cannabis security and transport firm in the nation, Helix TCS’ clients will benefit from Cannabase’s wholesale marketplace, data services and archives, as well as its unique suite of interactive features. This supports our mission to provide a compliant, integrated operating solution to clients,” explains Zachary Venegas, CEO of Helix TCS.
Jennifer Beck, Cannabase co-founder and Managing Director, explains: “The partnership with Helix TCS will help Cannabase offer fully integrated sales and delivery options to Cannabase’s client base, while Helix TCS’ strategic partnerships act as force multipliers for Cannabase’s existing and soon to be announced technology solutions. We’re incredibly excited to partner with Mr. Venegas and the Helix TCS team, whose deep experience in frontier markets, venture capital and competitive intelligence will accelerate our shared goals of creating powerful integrated solutions for the emerging cannabis market.”
Cannabase, a platform designed in 2013 to provide seed-to-sale marketing and sales tools to the emerging cannabis industry, today represents over 72% of all cannabis licenses in Colorado. As a subsidiary of Helix TCS, Cannabase will continue to fulfill its mission of helping licensed cannabis businesses buy and sell wholesale product more efficiently and with less risk, ensuring a higher return on investment throughout all stages of the supply chain.
As the oldest, largest, and most liquid cannabis exchange on the market, “Cannabase’s recent strong financial performance mirrors Helix TCS’ financial performance, driving value for investors,” Ms. Beck explains, “and we’re looking forward to continued growth and success as we continue to improve the availability of actionable data, interactive advertising tools, and robust inventory control solutions for the legal cannabis industry.”
Cannabase, which will continue to operate under that name, is now a wholly owned subsidiary of Helix TCS.
These three areas are all of tremendous value to the burgeoning legal cannabis industry. As more states sign on for legalization – which is all but inevitable – first-mover companies like Helix TCS will have no shortage of clients.
Here’s the skinny on the stock. Like most of these fresh cannabis stocks, this is a high-risk, high-reward proposition. Case in point, their 52-week range of $0.77 - $20.
They have a market cap of $2.99 million, and an average trading volume of 2,496.
That means this stock can move quick, so if you invest, please keep a close eye on it. You can read more at their website. I'm reaching out to management so we can try and get an interview with the team as soon as possible.
We’re buying Helix TCS (OTC:HLIX) under $6.75 for now, with updates to follow shortly. You can expect your full Crow’s Nest issue tomorrow.
Thank you, Ford. I highly appreciate it. I take it that was the cut & paste of the email.
It doesn't meet my expectations. I recognize many of those lines copied verbatim from an article I actually posted on the HLIX board. A little plaguerism in there. They are also wrong about the market cap.
I am going to copy to the HLIX board, however, and I do appreciate you. I invite your input any day. I would be careful about the advise you are paying for there. They may be hitting some good ones, but they aren't that sophisticated whoever is behind it. They may just be getting some good tips from someone and passing it on.
10Q coming soon.
It still amazing me that this shell has been reporting to the SEC for several years. Yet, all these "sophisticated investors" I run into refuse to look at anything that doesn't file with the SEC. The hypocrisy I run into on a daily basis never ceases to amaze me.
I would not underestimate the dead and boring. I want to see if negotiations are still ongoing. We will know soon. I lost my moderator position due to neglect here.
I notice Caie's café just recently put a Facebook page up. I bet you they want to expand that concept with the help of investors. Either through this shell or some other avenue.
I appreciate it, Ford. Very interesting.
No mention of prices anywhere.
Any possibility you could cut and paste the email on HLIX on this forum? Or the HLIX forum? Or forward it to me at nobadorders5@yahoo.com?
1000-share order:
In fact, I placed my order just now for 10 January 2018 LEAP contracts, $5.00 strike price:
----------------------------------------------
10/30/16 832 Option
Buy Open
10
BBRY Jan 19 '18 $5 Call
Limit GT 60 2.58 2.45
2.58
2.83
Open
---------------------------------------------
That is the equivalent of buying 1,000 shares as I see it for a steep discount. It's in the money. Volatility is low. It's paying a 50 cent premium over today's price with a decay rate. But I call that a really safe call. That gives me lots of runway, and I really will exercise that right to purchase all 1,000 shares in the future at $5.00 as long as the price of BBRY is over $5.00 in January of 2018. I have extreme confidence it will be.
Since there is no dividend to be paid out on BBRY, I'm not missing out on anything. I will buy 1,000 MORE shares of PER (I already own some) AFTER their ex-dividend date to avoid all those "dividend capturing" irritants out there. That will be more than sufficient to pay for all the "decay rate" in the premium, and still a net cheaper purchase, yet more diversification and just dang powerful stability and fist-power if I do say so myself.
Note To Self:
Saving Data for upcoming comparison.
PRIMECAP MANAGEMENT CO/CA/ 06/30/2016 76,722,307 624,400 .82 543,961
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 06/30/2016 46,724,700 0 0.00 331,278
TORONTO DOMINION BANK 06/30/2016 22,437,255 740,999 3.42 159,080
RENAISSANCE TECHNOLOGIES LLC 06/30/2016 15,962,100 1,196,000 8.10 113,171
ONTARIO TEACHERS PENSION PLAN BOARD 06/30/2016 13,000,739 1,591,881 13.95 92,175
CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 06/30/2016 11,883,393 (79,875) (0.67) 84,253
FMR LLC 06/30/2016 11,862,845 4,556,794 62.37 84,108
DAVIDE LEONE & PARTNERS INVESTMENT CO LLP 06/30/2016 9,627,337 0 0.00 68,258
VANGUARD GROUP INC 06/30/2016 9,288,048 958,365 11.51 65,852
ROYAL BANK OF CANADA 06/30/2016 7,010,344 (503,719) (6.7) 49,703
CIBC WORLD MARKETS INC. 06/30/2016 5,916,950 (385,744) (6.12) 41,951
BANK OF MONTREAL /CAN/ 09/30/2016 5,119,861 234,955 4.81 36,300
NORGES BANK 12/31/2015 4,465,923 74,331 1.69 31,663
TD ASSET MANAGEMENT INC 06/30/2016 4,282,064 130,233 3.14 30,360
KAHN BROTHERS GROUP INC /DE/ 06/30/2016 4,015,560 20,200 .51 28,470
It's that time to buy another 1,000 shares of BBRY for me. Will do so this week.