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I'm not expecting anything. As per the last PR they expect to wrap up negotiations with whoever in the next 30 days and to be functioning at full capacity 90 days after that. "Whoever" & "that" is anyone's guess.
Cellurite and Priapin are still just ideas with Cellurite already another company's product so unsure what the deal is there and still no word on why they claim to be in the MJ industry.
Will see how volumes go this week before flipping and perhaps getting in at a lower level, or perhaps just leaving this baby altogether.
Feeling good about this upcoming week. Maybe it's Monday morning and I'm still recovering from the weekend or maybe it's because I'm resigned to the fact this stock is done. If I didn't live overseas I'd put up my hand and run this company myself, had potential, pity about the incompetent management.
I think the manufacturing facility is just a kitchen extension. Matt & co still sitting in their underwear manually filling bottles. Not a good look and as for Cellurite are they manufacturing or simply purchasing from another company that exists with the same name?
http://www.cellurite.com/products/weight-loss.html
He's a CEO. He should answer shareholder questions, simple. As for abuse, probably not the best word to use however shareholders should continue to ask questions and expect to get answers.
Would like to know how some SEC filings went. Keep the pressure on this company.
Matt hasn't changed. He's still avoiding the questions posed to him on Twitter. Keep the abuse coming I say.
Put lipstick on a pig..............it's still a pig.
Apart from the pictures of weed on the website as well as the claim to be the finest in hemp and marijuana. Also on their Twitter account. But apart from that I think you're right.
They shouldn't claim to be in the MJ industry if they don't have the products to back it up. I don't believe 5HH to be in the pipeline, wish it was, but honestly believe they haven't been entirely transparent with anything to date. Time will tell.
I didn't think the PRs could get any worse. The amount of planning this company has done over the last 6 months I'd expect it to be a blue chip stock.
This isn't even a good pump PR like the previous ones.
What to expect this week? My guess, no communication from management and more of the same from the past few weeks.....nada, nothing, zilch, zero.
We could get lucky. The new CEO can't even spell so he might not know what a RS is.
Well all their PRs have been complete lies. I have no doubt they will perform a RS based on "market forces".
The company previously advised they won't RS, so in other words, they will definitely.
Yet you fail to mention in the next PR dated 22 May the company planned to start buying back shares during the last week of May. Guess what.....didn't happen.
I contacted SEC Enforcement via Twitter regarding the false PRs and why this company proclaims to be in the weed industry. Unsure if they'll respond or simply tell me to lodge a complaint via the standard process. Will keep you posted if I receive anything.
Reverse split won't happen as per PR dated 6th May.......oh wait, that was complete BS.
When the new CEO took over he had no idea about the share retirement strategy that Manny had begun as outlined in the May 6 PR. As per Twitter correspondence he also stated that a share buyback or reverse split is currently not on the horizon and that priority will be getting products to shelves......which we are all still waiting for.
So the May 6 PR was complete BS and still no new products. A reverse split will further destroy this stock with the only short term solution being the retirement of some of the outstanding billions of shares or a BS spam marketing campaign to bring the uninitiated to this great company.
You might want to get those people back then.
** Deleted, double post
Not expecting much of a change, something along the lines of a share cancellation announcement (as per previously PRs) would be more material IMO.
News out but I still need more convincing. New products still not rolled out, bricks and mortar stores not mentioned, no 5HH, no mention of the weed industry......etc etc.
http://finance.yahoo.com/news/alternaturals-announces-plans-explosive-online-113000892.html
May 6 PR is the biggy. New CEO said "huh?" when asked about it so this one hasn't even been on the drawing board. Plus all the subsequent PRs have turned out to be false.
Click on 'order' and it will list the 9.
SEC suspends nine penny stocks today in ongoing enforcement initiative. Must admit I'm surprised ANAS not included given ongoing concerns on adequacy and accuracy of press releases.
http://www.sec.gov/litigation/suspensions.shtml
Wow you're the last person I would've guessed to sell your shares as you've always been one of the big promoters for ANAS. I think you did the right thing, well at least until something is steadied with this company.
I'm waiting for that little bounce before joining you on the sidelines as their cash flow is dire and by the sound of Matt everything is a dog's breakfast.
Weekly update was the business license renewal sadly. Can't wait to see what next week will bring now.
I've been pushing them to do just that. Unfortunately with the false 6 May PR and our numbnuts CEO, the share retirement is not on the radar. Unsure he would even know what to do it given he didn't know how to correctly issue a PR last week.
So people are getting excited because the CEO renewed the business license after being reminded by shareholders on Twitter yesterday. Yep, that gives me confidence!
Appreciate this pinky will not have a corporate governance structure in place, but something as simple as this should've been done prior to expiry.
I'm actually a chartist. I still have a sell rating on this stock until I see the technicals indicating otherwise, or until capable management comes on board.
If your predicted bottom is 0001, wow.
Nothing on the chart is indicating an upward movement. I suppose Manny was correct on one issue, for shareholders to expect a massive splash.
As per Twitter he's "very busy". Unfortunately no-one knows what he's working on......if anything.
Extremely busy working for Alternaturals? Somehow I don't see it.
Perhaps this guy is using our funds to fund an English writing course given his first two PR abominations.
Curious, has anyone actually advised the SEC about the false PRs and email exchanges?
Already sent to them on Twitter.
I hate to say, but this article sounds familiar here.
http://www.pot-stocks.com/top-4-signs-that-stock-is-a-scam.html
I do not believe Matt was out of the loop with regards to Manny & Chris. A new CEO should be across all issues and should be able to address all types of enquiries for previous management stuff-ups.
The new CEO is simply out of his depth. You did well to sell last week.
The four most dangerous words in investing are 'This time it's different.'
New CEO has already shown he can't handle the pressure judging by various responses to shareholders and I don't believe having a new website and backlinks should be considered a milestone when this could also be achieved through services such as Fiverr and Freelancer.
It is not fear driving this ticker down. Reason this stock is falling is due to incompetent management and dishonesty. Potential goes out the window if these two attributes remain.
Heard the same when this was in the 0025s, then 002s, then 001s...... it's the bottom and it's going to bounce!
Only thing that will turn this company around is capable management.
General rule of thumb, when people say Slap That Ask, it simply means Buy More, I'm Not.
Not much at all to look forward to unfortunately. Previous management lied, new management already appears out of their depth and a share cancellation strategy the only likely saviour, but it's not on their radar.
Unsure how the weekly "updates" will assist shareholder concerns given they're not selling much. For once, would like a PR that starts with "We are pleased to announce........whatever".