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Ha ha yeah I bailed early too. This one had scan written all over it but congrats to folks who stayed.
Yikes! What a nightmare.
By all means you do what’s best for you. I’m too busy at work to try and time bottoms and I’m cost based at .17 so I will just sit tight.
I never thought or said Christmas, that would make no sense to me. They have to be having full annual harvests on the Spain farm and profitability to even consider that in my mind. I always knew several year hold. “Set it and forget it” as Ron Popeil would say.
Sure next to my new Bentley with $FRLF$ license plate.
Yawn. Wake me up in late 2020 so I can cash out and pay off my mortgage . Until then all the rest is noise.
I ask the same thing. I mistakenly bought all I want at 3.75 but otherwise would load up down here.
Exactly! It’s the investors responsibility to try to make as much money as possible through smart trading. It’s the company’s responsibility to make as much money as possible through smart operation. When both parties do their part everything works out just fine.
Yes it was bid sitting that killed the price and not the total lack of execution to date on the business plan. Makes sense. Who knew....you learn something new every day here in Pinky Land.
I am ready to gobble if Bid collapses and others too. Downside fully priced in at .003s bid. CBD upside potential is huge.
If any of this email comes true, this stock will absolutely explode from here.
I hear you and you did a great job timing!!
But bill opens the way for all sorts of folks to get into CBD and if these guys can’t do basic business execution they won’t be able to keep up.
Their product is not proprietary. Their number one asset now is brand recognition and first mover advantage but if they can’t leverage that into something bigger they through strategic execution they are toast long term (but that doesn’t mean you can’t make some money short term!).
Oopsie on the Form 10 withdrawal! Way to kill a promising rally.
I bailed at .02 earlier this week and was regretting it a bit. Feeling better now. It has a long history of spike then die.
Exactly!
Does the proposed farm bill change the legal status of CBD?
Full disclosure
Another CBD deal with pubco-pretty big deal value as well. Should drive the sector if anyone is paying attention as consolidation is going to heat up as Farm Bill gets close.
— Merida Capital Holdings (@MeridaCap) December 8, 2018
F/D- We are long $FRLFhttps://t.co/BzSNiNuBWj
Nice buying today. 10q had no impact on share price. Nonsense scare tactics didn’t work.
Nope. Up double digits instead.
I agree with the letter. New company just starting. Needs a little time to execute.
Thanks. I’m already resigned to my fate of total write off just trying to determine to sell for loss this year or try for a little pop to lessen the hit.
Ok so let’s suspend disbelief for a minute and assume this works out and there is a phone being sold in January. What realistically would we suspect price at? Could it hit .01?
Holidays my man. Happy Thanksgiving. Grateful for all my FRLF shares this year!
Yes. When they start product sales .05 easy
We have seen identical price action to this a few weeks ago and same sky is falling rhetoric and then it went to $.01 so no worries folks.
Haven’t you noticed all the online businesses are out of stock. They own the brands and product but didn’t have the capital to fund a buildup of inventory. DMAN was the products and INMG the capital infusion . Put them together and you have a start up
Bid rebuilding! People reloading for the execution phase of the business plan!
Holding up strong all things considered. With this 10q now out all cards are on the table. Floor is in IMHO. I will hold and see how they spend that $500k cash stockpile.
I’ll take it!
Good grief people don’t you get it?? Did you really expect robust revenues?
The story of this 10q is the Balance Sheet. Look at 6/30 and 9/30. Totally different company now. 6/30 is non cash value of film assets. They sold all that. Now $500k cash, $400k trademarked intellectual property and $120k of equipment and property vs $120k or so of liabilities.
They’ve pivoted the business to start production.
Book equity of $1.2m vs market cap of $1.8m.
Please show me an OTC stock with greater Cash less Debt (500 - 120) of $380k. This is the starting point now. Did you really expect seeing tons of product sales??? Naive understanding if so. Share price would be 10x higher if so.
They can now use cash to fund inventory not toxic debt. Well positioned to start forward.
Why is no one mentioning the $500k in cash? So they liquidated the video asset library to get the funds to start up operations on production. I didn’t expect any real revenue at this price point.
I’ve put in some buy orders just in case you’re right. I will happily but weakness as will others.
I am so confused...what the hell do I own now? ANDI with a twitter and phone but where is Utopya...should I be happy sad or just confused.
Hope you get it. You’re getting a great stockpile of shares!
I took another nibble too. I love that deal yesterday esp the backing of that rapper dude, gives some nice free PR.
I love this part of today’s PR. Says it all. Sounds like much more to come.
Ray Medeiros, Freedom Leaf’s Business Development Director, added: “These are the type strategic acquisitions we envisioned when Merida Capital Partners invested in our company and they have again delivered for Freedom Leaf in identifying the opportunity and guiding us through the Hemp2o transaction.”
True but she’s warming up her vocal cords!
Quick dumb question...but sadly may be relevant here....if a stock goes to No Bid, how do you sell it to take the loss?
Quick question...will most longs be selling at year end for the tax losses or hang on in hopes the shell entity gets “repumped” at some point in the future?