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It seems like new CEO follow the path of his predecessors screwing investors with yet another R/S. It will be a challenge for them to regain trust. Big Mistake.
I think it'll be a blood bath by EOD
Thats what they've been doing all morning ORCA. I think you are the only one buying after News of R/S spread out.
You didn 't get the memo on the R/S?
Orca I used to think you were a savvy player but this statement makes me wonder. Common be real, embrace reality and move on.
In my experience a R/S is follow by dilution and is also an indicator that things are bad. Thats one of the reasons the market reacts that way.
It makes no sense for me sorry. I think it was a stupid move. If they had HUGE news to release they could've done it without the R/S. The float was tight and GREAT news would've sent the pps above 0.2s range and more. Any news now will be seen as a desperate attempt to recover their pps. Management was greedy and stupid and their pps will suffer for that. Other than that I have no other information other than whats publicly available for everybody. Just my thoughts
To risky for me anyways even for a quick flip. I was thinking to jump back in at 4s range but with this move they are dead for me. GLTA
Unless their game is to announce a R/S to buyback more shares at a dip discount. That would be the only thing it could save them other than nailing a big contract and showing revenues .
Play the dead cat bounce if you want for a quick flip folks but make no mistake this is game over for SITS. Management showed their true colours with that R/S.
GLTY Orca. You know I ride this from 0.002 to above pennies and use to believe in them but another R/S is just to much considering their history of R/S. I hope it bounce back for those who are still long including you.
Its all about CREDIBILITY and they just LOST any of it. Whatever their plan was with the R/S is was a HUGE mistake. They'll have to change their name again, change their business model and try to suck in new players. They are DEAD on my view.
Very silly move. It'll be hard for them to recover TRUST. With the history of reverse/s they have. The only reason they were holding up is because they had show some revenue, had not dilute for over a year and had an attractive float. With this stupid move they are DONE. The CEO must have a -100 IQ. LOL
New CEO making same mistake than the old one with a R/S. Sorry for those still longs here. But this seems to go to 0.002 range and then tank unless they can show a HUGE revenue or contracts, otherwise they are DONE. Big mistake management.
Chris Parry is a well known paid pumper who only promotes penny stocks with no license and no value. He was compensated to promote FITX right after he published that article that almost destroy them. He is a joke with no principles and credibility. TWEED is the real deal.
We will be updating the store on Tuesday with Herringbone and Bakerstreet, and even more strains later in the week. Enjoy the long weekend!
— Tweed (@TweedInc) August 1, 2014
This is gonna be FUN!!!
Bouncing TIME. RUN SHORTS
Tweed Updates Availability of Strains and New Registrations
OTTAWA, July 31, 2014 /CNW/ - Tweed Marijuana Inc. (TSXV: TWD) ("Tweed" or the "Company"), is pleased to provide an update on its strain availability.
On July 30, Norfolk (Bubba Kush) and Buddy (LA Confidential) inventory was added to the online shop. Starting next week, Tweed will be releasing up to eighteen additional varieties for sale in August and September as our second and third flowering room harvests complete their growing cycle. Ten new CBD strains are currently in production, including a much sought after high CBD / low THC variety.
With these product releases to our shop, it is expected that supply will enable Tweed to begin registering new customers from its waiting list shortly.
About Tweed Marijuana Inc.
Tweed Marijuana Inc. is a TSX Venture Exchange listed company. Its wholly owned subsidiary, Tweed Inc., is a licensed producer of medical marijuana in Canada. The principal activities of Tweed are the production and sale of marijuana out of its facility in Smiths Falls, Ontario as regulated by the Marihuana for Medical Purposes Regulations.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Manipulation and fear. No fundamental reason.
If somebody want cheap shares this is it. We are pretty much at 52W low with the unfunded fear driven and manipulated pps action today. Doesn't get any better than this. Just saying. Too bad I don't have the funds available today to add on this dip.
Two strains available now at the shop. More coming shortly as per TWEED
http://www.tweed.com/collections/available
FACTS & MYTHS ABOUT TWEED
http://www.tweed.com/blogs/vault/14992333-07
Allways make me laugh people invested on Supreme to come an comment on TWEED Board. Waaaahaaaaaaa
Is it christmas yet?
Political debate over marijuana legalization heats up
http://www.montrealgazette.com/touch/story.html?id=10069810&utm_source=dlvr.it&utm_medium=twitter
I guess that depends what your expectations are for Q2. I expect to see the margins for 3 growing rooms to be what I expect them to be. I don't care if they have a net loss due to money expended on acquisition. They also have plenty of cash on hand despite acquisition on Q1. I want to see their normal operational cost and that kind of things. I know for many is just a matter of looking at the final number. Well thats just not me.
Agree. Easy to manipulate with low volume and no momentum. Good news is the fundamentals indicators are great and with all the upcoming developments when the stock starts reversing the trend the same dark forces pushing it down Now will give it the pps a huge boost on the way up. Time to add and lock those shares. IMO
Never thought would get shares this cheap againg
Added 4000 shares here. Whohoo
Here you go. Hahaha. All the illegal CC and lounges getting shut down by police because if you didn't know after April 1st they are considered illegal. Only licensed producers like TWEED will HC are "LEGAL" and get ready to say good by to the injunction soon haha. ENJOY
Raid of Jim's Weed Lounge in #Vancouver by @VancouverPD. Officers won't tell owner reason but are taking everything pic.twitter.com/aXknVY0BdO
— Cannabis Culture (@CannabisCulture) July 24, 2014
I think the market will be looking more at their sales numbers and NON recurring normal operating expenses not a one time non recurrent expenses like the 2 millions for going public, acquisitions, etc. I Think the next fins will be a dam good indicator of the Monster money making machine TWEED is an can extrapolate sales from current capacity to double capacity by August and 4 times capacity by years end. By hey I will be happy to sell you my shares at above 40$ on a couple of years.
Thats were you are wrong. TWEED is making money TODAY
I see Tweed like a room full of gas just waiting for a tiny spark to go BOOM!
Seriously at this pps is a no brainer. IMO
Some times the market is irrational for a limited period of time. I guess taking advantage of that temporal irrationality is how Warren Buffet became a billionaire.
I don't think will be selling out anymore since they are doubling capacity as we speak. They will also be announcing opening of new registrations for patients on their waiting least. Another indicator of continues supply for existing customers due to increased production capacity.
LOL. TWEED has a compassionate plan for low/fixed income with strains at 3$ and 4$ per gram, also has some strains for everybody at 5$ per gram ( more than half the price on the street) in addition to their premium strains. They have a wide range of prices with very affordable strains for low income folks. Do you expect them to give it away for free. LFOL
Their last batch had 7 strains and they sold out, only one left. Next harvest is schedule for this month with much more strains. Could be this week or next week. For the list of all the strains that will be available this month and the coming months you can visit their shop on their website.