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yeah i was like wtf. Then it got me thinking if i missed something. This sector is probably just suffering the macro effects of a depressed market. Hopefully the govt puts a bandaid on this bleeding.
U guys see that seeking akpha article Seeking Alpha: Hemp, Inc: Massive Revenue Growth Cannot Justify $797 Million Market Capitalization.
https://seekingalpha.com/article/4229884-hemp-inc-massive-revenue-growth-justify-797-million-market-capitalization
Why is there market capitalization so high?
Dude we need to get the fda to fast track cbd. That roadblock needs to be gone in order for Hemp to make money.
you are right no more excuses. But he needs some financial quarters under this belt after 1 Jan 2019
anyone know the hold up for removing the stop sign?
In fairness that describes every politician. He just does it with less class.
But Bruce can also do a lot for this stock if he chooses to produce a legit forward that states financial forecasts, the plans on removing that stop sign, and heck even a way to move to the NASDAQ.
They are giddy with profits and the feeling of being able to drive it down with some pretty valid points. The real rise happens after prez signs and hemp releases a bonafide forecast.
Guess Bruce is waiting to unveil his grand plan til after the president signs.
looking like Wednesday
wonder what warren buffet thinks of all this? he does hold large amounts of apple stock.
I wonder can we get screwed over as SHs even if the lawsuit should conclude if the company folds? or do we have some clout to get our due?
do you know how many shares it had outstanding when it went from .01 to .3?
Yeah possible. But that wouldn't be so bad. Farmbill approval. 1 to 3 years. Big boom or at least a proven bust
http://www.itcblog.com/images/order7in1138.pdf
The proposed dates for the ITC investigation have been posted.
The 1st and 2nd planned settlement conference are in Dec and Feb respectively.
Take a look.
What's your take now?
It is perplexing to see the price so high without a more tangible timeline of farm bill passage and a preliminary market expectations report. A lot of optimists or dare I say gamblers ;)
If the bill is around the corner and Bruce has a solid plan then kudos for getting in so early.
Im sure in his mind he will go to 10 billion if he has to. I believe he believes in US hemp going mainstream and will claw his to get to this goal.
may be legal there. But to scale up requires federal legalization. Gotta cross them state lines in selling those products.
Ill have to dig up the link bit he did mention that he is purposely delaying the use of the decorticator. Was about the time he was saying he was processing the kenaf he had on hand.
To paraphrase he wasnt processing hemp for industrial purposes yet so decorticator not needed at this time.
Sounds plausible until hemp becomes legal. But when farm bill passes that thing better be up and running.
Got you. I am just happy whenever I see precedence established by previous court cases.
Damn that is great news!
can anyone here see who is selling at that price? Is is nornal people exiting or is MM manipulating?
The USITC move was a shrewd one. I was already excited before that but to add more pressure on those companies is great. So I feel that some good news will hit in 30 days that will let us know that there is some light at the end of this tunnel.
hmm doing the math with David C. Robins or David S. Pumpkins as I like to call him. O/S around 18,989,089 as of October.
I got a question for the savvy investors here. Any chance the OS has increased since it has been stop signed? I am thinking it has increased to the tune of 2 to 4 million. But I havent done the dd yet. Just seeing if anyone else feels the same or if someone knows can you enlighten us please.
Damn 7 billion is a ton of money. I haven't been able to determine what Apple was paying previously for the Panasonic patents. Was hoping to find out more during the case but the sealing motion makes it harder to do so. Watching other similar cases I am thinking this case falls within the 50 to 149 million range. But man there are some good signs with the ITC getting involved and the previous cases against HTC, Apple, and ZTE that this case could explode to a greater monetary amount.
It is good to know that Bruce is at the point where he feels the need for better advertisement for Hemp.
But 1 50 mil settlement from ZTE will put INVT back in black.
More likely to affect ZTE and HTC. Apple may get a pass.
About time. But it was leaning that way with the trade wars. Will see what interest the Trump administration will have with this
IPPro Patents
Apple, HTC and ZTE to be investigated by USITC | ippropatents.com
4 hours ago
The US International Trade Commission petitioned by INVT SPE to look into patent infringement by Apple, HTC, and ZTE.
man i am on the fence. is this a shit show or is Bruce just waiting for the big opportunity.
the company has to play possum a bit to really get those punitive damages high. But I think they got to show they are trying to keep afloat ad well to show that they are a viable company. I haven't heard much on their lawsuit that they doing with GTXO.
True. It would be boring. HEMP farm bill tracking is like watching paint peel.
So we all are sitting here hoping hemp gets legal. One side is debating stay Bruce is a crook. The other side saying he is well positioned to take advantage of an emerging market. Farm bill was the quickest way to get it done. If not through there then through some sort of bill I suppose. But that further kicks the can down the road.
Here is a quick rundown. Ppl on here can chime in as well.
When gag order was put into effect OS is what is currently being reported by ihub on the financial stats.
Since then Bruce stated and I paraphrase loosely. I need more cash. I will issues shares to get it. It is for operations. I will pay SHs back by stock buy outs in the future.
So some ppl have said it is around 2.5 billion to 4 or 5 billion.
yeah I do hold a lot of shares already. So maybe just lazy. Or since this is a long game. I will eventually have to do that second acct. Or INVT can do me a solid and post their financials and I can stick with one acct.
estimates range from 2.5 to 4 billion
yeah same with my brokerage. There is a stop sign in place due to the high risk of investing in a company that doesn't report financials. Trying to get some more shares but i dont want to open another brokerage acct.