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About time QQQ goes back to 335
This will test $210-214 today one more time, before heading up
Wait till 0.60
1st Qtr will just have 2 months of recreational, 2nd Qtr will be blow out Quarter
The call transcripts are available in seeking alpha, if someone can post those
In addition, the 18 mil in cash to be recovered over the period of 12 months from the sale of NV assets. In addition monetization of Mystic holdings shares. That, along with HYFM, this is the floor, I see $3-5 coming up in 2-3 months time
This will hit $5 in 6 months. They have too many +ve's coming up.
$18+ mil in cash to be recovered in next 12 month from sale of NV assets
$1-2 Mystic holding stocks - 8.3 mil worth
1mil shares of HYFM (including the warrants @$5 PPS)
25-40 mil revenue from Leftover California disp, cultivation and Blum distributions
Any announcement of share buy back or merger with Kush will get this one to $2-3 and if the combined strength hold's the stock, this will fly to $5-15 in 6months/year
I am not selling single share. This company had made it clear that they will buy out an existing dispensary in NJ when legalized. I think I am seeing lot of synergy's between CRLBF and Columbia...
TRTC will merge with KSHB when they are done bringing their stock price to match $2.00 and keep it above that for 10 days.
They will be buying back shares to take it to that level. I am expecting the merge will be announced sometime in Mar/April time frame.
Expect a company with more than 150 mil in Asset's and 30 mil revenue and growing to merge with another with 120 mil in revenue and 150 mil in assets.
The combine company will be following the GRWG --- growth story.
I won't be surprised if it goes to 1.42 X 15 , to the 2014 level's. TRTC# just had 4 mil revenue in 2014.
$20 is the new high it will test this year
I would suggest you hit the ask, as I can clearly see you have missed the boat.
$$$$$TRTC ----$3
TRTC $3 by June 2021
Expecting HYFM to be $120-150 by June 2021.
With $18 mil in Cash
$20+ mil in revnue
$150 mil in Stock-revevnue
This is easy $3 from here
That's not because they were bought, but because Mathew who was CEO surrendered 14 mil shares as part of exit settlement
So if the damage was covered by insurance, what is the claim on onetime 10 mil in loss for the damage? So is it like they will show loss in last quarter and pocket the insurance money when it is paid up by insurance company?
It seems the CC was pre-recorded. No questions asked about the 9.4 mil received from sales.
Since merging with OneQor, no updates on what Oneqor is upto. except the CEO got 60 mil shares?
Or may be they know how bad the result is for 2nd Qtr and have started unloading. Its a known strategy to pump it to raise capital before results and then let the fundamental takeover.
Not declaring term's/cost of acquisitions tell's how transparent management is.
Wondering why did Merida sold 200k shares @7.35
Green Gotham has unloaded completely.
The lowest form 4 values are in 5.67 etc @5/18. So it means they were aware of the new financing terms. They started selling after $5.60.
So now comes the real deal, the losses were up last QTR and it seem that will be the case for 2nd QTR too. So this company has created new set of bag holder's , and now many insider's sold into this hype and were allowed to sell into private placements.
So the downward spiral start now, going back to 2.80 (half of 5.60).....by Aug 15th.
The writing is on the WALL, this one has started its downtrend.
Green Gotham has been decreasing their position before QTR 2 cause they know what' coming.
Even with acquisition NEW's the stock is down.
See you 3:40 in 4 weeks from now.
with current mcap for Lexaria being just 30 mil for all their subsidaries, do you think Altria will offer anything more than 12 mil for just the Nicotine.
See you below 4.00 in 4 weeks from now. The market is going to get ugly in
July when 2nd QTR results are posted. Will be holding cone starting 4.00, all the way to 2:80.
You really think Altria didn't want CB/ Lexaria to progress and that's why offered just a million, instead of 12 mil for almost 100% stake in Lexaria Nicotine.
The company that has invested billions in Juul and Cron, does not have to stoop that low , and invite legal hassles.
S-8 Amendment is now effective, so insider's can sell in open mkt
I wonder the timing of it.
I guess they will sell and assign more options when it is down in 3's
OK, not only Vegas, during Covid - MA didn't allow it as essential for quite sometime until recently. Additional legalization will add to existing growth provided it is newer state's . Existing state's already have licensed operator's so not much happening there.
This might surely go to 8.10, but not before it visit's 3:40 to 4:40
That cannot be generalized. NV is dependent on visitor's and so is CA, it has active Black market is 50% dependent on folks visiting CA. So it is not true.
I won't be surprised if I see couple of form 4's today and tomorrow. I am sure Gotham Green is selling what they can at 7's knowing what's coming up in next 3 weeks.
Institutional investors have more inside information of company and industry and can more insights into the data due to Covid-19 impact and Riot related losses. Most of the dispensaries were shut for more than a week of almost all the MSO's including Cresco, Medmen etc due to riots. You think there is going to be increased sale's ?
Even if you sell now, you can increase your shares by adding string 4's, sill 35% more shares IMO.
Gotham has sold in 5's in past two weeks as per the form 4's. So definitely this one is going below that, Once S1 is effective and Q2 is out, this will be @2.60-3:00 in a month from now.
Why is then Green Gotham selling, they have sold more than mil shares in past two weeks. That tell's a lot what's coming in future.
The S-1 once effective will bring this back to $3/-.
One cannot get long with Cannabis companies until rule's change.
With Covid-19 and loss/destruction due to riots, there is too much uncertainty of what's coming up in their Q2. The losses are widening and that's why the need to raise capital.
Acquisition is mere speculation, even if there is one, am sure most of the raised money is for SG&A
So paying $35mil for a 10 mil revenue company in cash does not seem to be a wise deal to me.
This one is going back to $3/- They are selling $35 mil worth of shares. That explains why Gotham Green sold their position in last two weeks
I didn't read how they are reducing the cost , the CEO and VP's are still drawing $25k/month in base salary and all the stock options without delivering on anything, except future statements
The news is already priced in, look at CGC, Canadian mkt is dead.
CTST will take min 8 months to make any revenue.
They are burning @10mil/month. Have no choice but to sell their facilities or do lease buy back.
Going back $4
I know when i posted about CB inability to generate revenue from all his past initiatives, i was not taken seriously. His venture in TurboCBD, ChgD, Poviva Tea and Hemp Bar's are yet to generate significant revenue.
Him and other's are getting $300k base pay + almost $200k worth of options. It just does not justify when the revenue is not even 0.5 mil for the whole year.
He failed miserably in Altria deal and just to divert attention has hopped onto the Covid train
You nailed it, either it will be home run, or 4 months from now CB will raise money at .11 instead. In 2 months from previous financing he had to raise capital at half of what other's paid 0.45. Based on his track record, I think i will get in @0.11 or 0.05c in near future
Is it only me or others too are seeing Red.
Canada is giving funds for Covid research, so how come Lexaria is not getting $2 mil from HealthCanada and has to raise PP
Look's like Nicotine is aiding in blocking Coronavirus, so vaping might go up, but not Dehydratech...
https://news.yahoo.com/scientists-perplexed-low-rate-coronavirus-170200046.html
Recovery is short termed, you will see it dips back in 20's by end of day.
and back to 0.02 by end of week.
They are loosing 10-15 mil per month looking at the filings from jan 2020 to march 2020. By the time they get any revenue, they would have lost another 60-80 mil in next 5-6 months.
With the pending lawsuits, this will go back to 0.02's in by end of this week.
You are right , he didn't say it , but that's the speculation he is building up by his actions. Out of nowhere the use of Dedhydratech for covid-19 news and partnering with some university. Filing of Patents.
Until now it was all about Altria, TurboCBD, ChrgD+, and now the focus is Covid-19.
My point is simple, do we have any proven or successful initiative of Lexaria and that's where i have doubts about leadership, managements. Since they are paying themselves 300k annual + options worth another 300k each.