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I also speculated on where the $100k was coming from. I admit I did not consider they used shares. But I did say OWCP must be "confident" it was money well spent.
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Did you also notice from the 8k that that's how they paid for the conference?
Lyons was one of the recipients.
From Lyons website:
Lyon Capital Management, LLC is a Registered Investment Advisor. Founded in 1994 we have consistently grown the business in strong and weak market cycles. The firm now manages over $55 million for individuals and small businesses throughout the United States. With a base of clients in upstate New York, southwest Florida and Coastal South Carolina we go the extra mile to serve clients…wherever they may be. Our professionals have worked in the investment business and bring to the table over 40 years of combined experience in asset allocation, portfolio management, security selection, financial planning and personal service.
Why we are unique:
• Instead of an account representative, our clients work directly with their investment decision maker.
• Instead of selling products on commission, we provide a fee-based service. Our interests are aligned with our clients’.
• We own what clients own. Lyon Capital Management employees hold the same securities as our clients, with few exceptions.
So since Lyons owns shares, and they advise clients what to buy, does it not behove them to drive the price up and also recommended OWCP to their clients?
I'm thinking YES.
It can't be, GIGL is "all natural"!
This one seems to be on steroids. LOL. Just keeps soaring.
Well I've been here since the beginning of the month! So take that!
1) If you have an online account like 99% of us here do, you can not short ANY OTC stocks. I use TDA. One of my accounts is approved at a "high level", tier 3 options, plenty of margin/buying power, etc.
For spits & giggles, I attempted to place a "short sell order" for OWCP. I received an error stating "you can not short sell OTC stocks". If I can't short, how can my shares be borrowed? I'm sure anyone here can attempt the same thing with whoever their broker is.
2) TDA "does" however have a special form you can request & sign that says "you can't borrow any of my shares" which must be for non-otc stocks?
3) There is NOTHING an individual holder can do to prevent "naked shorting", is there?
Because of the above, I believe the "lock up" stuff is a myth.
PS, I replied to you because you are known & respected here, this is not "directed" at you! OK?
Whatever you do, don't tell him you bought it! He'll want double whatever you profit and he'll always remind you "he's smarter than you".
Maybe they will sell them? Who cares! They need to BUY 'em first at .075 each & that money goes to GIGL for capital expenses. They likely wouldn't even exercise them until the PPS is at least .15 - .20 cents anyway. This is known as "non-toxic" fixed price, with restrictions funding.
Warrants = Good IMO
Thank you! We're on the same page now.
I'm not making this stuff up & what "I'm trying" to say is NOT a bad thing! It's coming from Parsi, our CEO. He said it January 18th:
"We're working hard to secure funding for additional company and franchised locations throughout the country, to launch our branded merchandising..."
And YES, I believe they will be successful in securing funding.
The LOI is for the physical build-out of the locations (construction/remodeling, fixtures, etc). Cash is needed for labor, materials, overhead, workers comp/insurances, merchandising, & on & on.
JK, PLEASE HELP: Is GIGL seeking capital and do you believe they will be successful finding it?
TIA
Thank you for replying, but you misunderstood what I tried to say. I don't mean "average Joe Banker" buying shares, I mean "Investment Bankers", specialty financiers, PIPE Funding, warrant funding, etc.
They NEED money to execute their plan which includes many great things, including an uplist.
Did you listen to the CEO interview? Below is a piece from JK's excellent DD:
"We're working hard to secure funding for additional company and franchised locations throughout the country, to launch our branded merchandising, and to bring in some very high profile celebrities to get our message and our story out to the world," said Mr. Parsi. "I'm very hopeful for 2017 and beyond."
IMO, the most important piece of news we're waiting to hear is "GIGL HAS SECURED FUNDING..." but I guess nobody else feels the same way?
Just maybe Lloyd...
Harry
Thanks for your continued efforts here! It's obvious I am negative and have given up 99% hope that long term, high PPS knucklehead holders like myself will ever recover. However, I will hang on to that 1% chance (IMO) of "some kind" of hope.
With that said, WHAT'S UP WITH THE "FIN TRADITIONAL" at $39.99 in your pic! Isn't that a bigger thing? It looks like a Innokin or whatever product but with FIN Branding, right? Anyone know anything about it?
Please give your son some advice I should have taken myself today instead of "bid sitting" in an attempt to add to my position today.
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I got a dd package coming before 12 am tonight working on potty training my son so tied up till at leat 9 30
POOP OR GET OFF THE POT!
On a serious note, thank you for GIGL & all your work here. Of all the potential catalyst's here, and there are many, I believe the most important one is traditional (non-toxic) financing. Is this not what they really need to execute their plan?
So my question for everyone is: If we are correct regarding the potential here, won't the bankers, institutional financiers, or whoever see the same thing?
I happen to be an excellent chartist and based on my proprietary indicators, I was afraid we would have a decline like we did today. Of course I am speaking about “spiritual charts”.
When the “irrational exuberance line” intersects with the “counting chickens before they hatch band”, it has an exponential effect on the karma-indicator. The karma-indicator (KI) needs to cool off.
The following 10 thoughts and comments have had a negative impact on these indices and should be AVOIDED at all costs for at least the next 10 days to reverse the trend:
* I am a millionaire!
* I can’t believe how much money my account shows.
* I’m buying a new car (truck, boat, motorcycle, etc)
* Now I can pay my mortgage off.
* I’m buying a new house.
* I’m building my dream house.
* I’m moving to an island.
* I’m retiring early.
* I’m telling my boss to shove it and quit.
* I knew I’d be rich
If we all stick together and use this simple, rational approach, everything will be just fine…
Remember; it's "only" been 9 weeks since they announced the MOU. They'll need another quarter or 2 to finalize the MOU.
Then, in another quarter or two they'll PR that they've worked out the details and we can expect to see a contract in a couple more quarters. Sometime after that, they will be able to start the build-out which will only take a quarter or two.
This is setting up nicely for 2020 - 2021!
Maybe the reason Dan never PR's anything is because he's actually a decent person & has a conscience and he doesn't want people dumping money into something that he knows is a lost cause?
Or maybe that was the wine talking?
I agree with you guys that we should know "something" by the end of March (as useless as that sounds!)
The capital Roche has been providing was first for 9 months, then a 2-3 month period, & the current/most recent for only about 1 month, which should get them thru March.
I really doubt he's planning to keep funding on a month to month basis. Also feel like others here, I've held this long so I plan to hang around to see it thru, even if he does provide another short-term boost which I hope doesn't happen!
Fools selling? I entered 2 orders last night knowing I wouldn't be up this AM. 5,000 shares Buy at .92 & 5,000 Sell at 1.50
Thought I might hit the dip, spike, pull-back or whatever. The sell filled, the buy didn't. I paid .19 cents for the shares that sold & still hold plenty at that avg.
If I had a crystal ball I would have done nothing, but hey, I pocketed some profits & still in the game. And in the unlikely event it pulls back under 1.50 I'll buy 'em back!
Took me a bit to understand what you said there. I was tired! Could be...
Thanks, that could be possible & makes sense. Guess I just don't understand what more you get for double the price?
In any event, we'll know more real soon.
Actually, they really don't have $100k to spend "unwisely".
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I know OWCP has a low float real products and money to spend 100k...
The balance sheet said they had $90k cash at 9/30/2016. We know they received $300k from the Michepro agreement related to the cream distribution but they also have lots of stuff going on that cost money. Not to mention all the travel, etc.
I can't stop thinking about this one point! What I'm saying is NOT intended to be a negative. To use a Trumpism, they must be "very very" CONFIDENT that this is money well spent!
Hey, No copying, I already tried the MJ pump. It didn't work!
See below:
Friday, 01/20/17 04:56:53 PM
Re: None
Post #
16291
of 17136 Go
I heard they are raising funds to retrofit truck bodies for the safe delivery of fresh, legal, California marijuana!
Among the options are reinforced steel bodies, bullet proof glass, and 50 caliber machine guns to defend against potential mj attacks.
They have millions in orders lined up for the new marijuana delivery trucks. The new model for the mj trucks will be "SCAM'D". Secure Comfortable Affordable Marijuana Delivery
Please use the words "marijuana", weed, cannabis, mj, etc in any responses to this post just in case people are looking for those type of opportunities!
By the way, I heard that rumor from the voices in my head so it might be real, right?
I hear ya man, all good. Problem is I'm the knuckle head who is the perma-hold!
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I hope some of you guys took some profits...
PROFITS! LOL LOL LOL
They should change their symbol for Clikia TV to "CLIT"
Would be easy to remember!
Is symbol definitely going to change? EOM
Yup, not looking for secrets. It's stuff all investors would like to know!
If the CEO is responding to you, maybe you can ask him if he will be releasing the details of the settlement?
Specifically the details of the debt payment(s). What is the "full amount" remaining & the terms? He mentioned a "lower conversion rate". I think it would be very helpful if we knew that. Could be one of the reasons people are holding off buying here? There could even be something else positive in the details?
Cost $5 grand per minute to speak, make 'em count Jeffrey!
Not that there's anything wrong with that...
this is gay
You read my mind, key word is "accurate". Sure it could pop, but I think NOTHING significant will happen until MCV is cancelled or closed. Either choice being "for real" this time & reported via 8k.
Cool, so the notes really are almost done! All we need to do is get thru the current notes, say by the end of March, then finish the April, May, June, July notes, and we're set! Also, it's only been SEVEN MONTHS since Bob said we CLOSED the MCV acquisition so in 2 or 3 more quarters that might come to fruition too?
Shoot, I almost forgot about the other loan Bob forgot to tell us about so there's that, too...
IMO it is premature to analyze "uplist" options at this point. The "Annual letter to shareholders" released January 17th outlined the company's goals for 2017. Uplisting to a higher market was NOT mentioned as a goal. Therefore, I will rely on managements expertise and guidance regarding the timing.
However, I realize the topic will continue to come up! With that said, NASDAQ changed the rules in 2012 to allow for "alternative requirements". A bid of $3 for 5 consecutive days will qualify if other conditions are met. Lot's of "ifs" & "ors" too so it's not cut & dry. In fact, even the NASDAQ PDF link posted earlier had **'s by the $4 figure that mentioned the alternative in the footnotes.
Finally, I will stick with my first paragraph regarding an uplist!
Coming up on 9 MONTHS since the acquisition of MCV was announced.
VILLA PARK, CA / ACCESSWIRE / May 23, 2016 / Robert L. Cashman, President of Service Team Inc. (OTC: SVTE), announced today that Service Team Inc. has entered into an Agreement to acquire MCV Companies, Inc. It is expected that the necessary steps to complete the acquisition will be finished in the next 30 days.
.
.
.
Service Team Inc. located at 1818 Rosslynn Avenue, Fullerton, California, will provide additional information on the acquisition of MCV Companies, Inc. when it is completed in June of 2016.
Obviously Cashman doesn't have the competence to complete the deal. Markets hate uncertainty. Has anyone thought about the impact if they just called it off? Here's a PR I'd like to see:
NEWSWIRE TODAY: Service Team Inc. has announced today the acquisition of MCV Companies has been terminated. Management of both companies failed to agree to certain terms of the acquisition and also agreed to no penalties related to the failed completion.
Service Team has already used the $60,000 previously set aside for the acquisition to retire all debt. Management also stated full focus has returned to running the successful and profitable trucking business and will work toward expanding market share in the area they already have their sh!t together in.
When the "porn channels" launch we'll really "rise"!
Since the "news" came out last Thursday & nobody can open it, along with no change in pps/volume, it appears it's been pulled? Hopefully due to a minor detail/change?
If you Google it, the first sentence shows as:
Peter Minikes stated “the settlement of these suits allows us to go forward ... Priority Aviation through its wholly owned subsidiary Priority One Jets, ...
Maybe the first "real" loading opportunity in a long time...
I heard people who rubbed the cream on their bellies, lost 20 pounds in 30 days! Oprah will be our spokesperson on the infomercials!
Did everyone (almost everyone) click "more" on the RVUE pic?
http://www.rocheenterprises.com/rvue
The details are quite a bit different from the RVUE.com site & appear to have been recently updated...
rVue is a media technology company that operates in the fast growing Digital Location Video category. Based in Chicago, rVue uses proprietary technology to simplify the planning, buying, trafficking, post analyzing and invoicing of 175 DLV Networks and the nearly 2 million screens they operate throughout the US and Canada. rVue is able to quickly generate national and regional plans, and due to its technology platform, equally equipped to hyper target a zip code, voting district, single office building or hotel. What takes agencies weeks to do manually, rVue does in days. Its single point of contact and big picture view of the category serves to identify the most efficient options and saves both agencies and clients time and money. rVue is positioned as "technology that augments human thinking."
Over the past several years rVue has developed plans for some of the largest US ad agencies, as well as regional and local groups. The brands they've worked for include McDonalds, Rosetta Stone, Sea World, Walmart, AARP, United Health Care, Turtle Wax and various political organizations and advocacy groups.
In just the past 5 years the media landscape has experienced unprecedented change – the flow of both dollars and eyeballs from Broadcast TV to Cable to online, streaming, mobile and to a lesser degree digital location video or digital out of home. In fact, many pundits are predicting online ad revenues to surpass TV this year or next. (Over $50b).
Roche Enterprises and the rVue team see a bright future for the Digital Location Video category and the company. Why? In the past 6-12 months, online advertising has been hit with numerous allegations regarding fraud, view-ability, bot generation, etc. And with the rise in streaming services like Hulu, Netflix, etc (which accept little if any advertising) and the emergence of ad blocking software, many believe more ad dollars will be allocated to DLV. This projection is driven by several key facts: 1. People spend over 70% of their waking hours outside the home, so DLV screens can engage closer to the purchase decision or at just the "right moment". 2. Unlike online or mobile you can't skip DLV ads. 3. The research also shows people are far more receptive to ads on DLV screens than online and mobile. 4. DLV screens have proven to be the most efficient means to engage Millennials.
One of the things that drives our belief in rVue’s prospects is the clear similarity between the early period of internet advertising and today’s current early period of Digital Location Video. In early internet advertising, there were no standards for banner ad sizes, formats, or placements, and no standard metrics for measuring reach, engagement, and results delivered. Website publishers all had their own ad sales teams, directly selling placement to advertisers with a variety of approaches and offerings. No demand side platforms (DSPs) or marketplaces existed where buyers and sellers could transact business efficiently. Website placement was often given away as a free extra with print ad placement. Ad impression rates and total advertising spend were trivial amounts and online advertising was often an after-thought or skipped altogether.
Then a tipping point was reached, and we all know what happened. Things changed very quickly. Ad serving networks, demand-side platforms (DSPs), and programmatic buying made it faster, easier, and more efficient to buy and sell online advertising. Inventory increased quickly as the internet grew. Online ad spend skyrocketed. Now publishers give away print placement as an extra with online ad placement, and online ad spend is a multi-billion dollar industry and a major component of most ad campaigns.
The DLV industry feels exactly the same as early online advertising. Standards are just beginning to evolve for media formats and measurement metrics. Screen Venue Network operators have sales teams selling with a variety of approaches. DSPs are in their infancy and almost none have substantial coverage. DLV ads are an afterthought and often omitted from major campaigns because they are time-consuming, difficult, and confusing to buy. But you can see the tipping point approaching. Nobody knows when, but with all the current problems in traditional TV and online advertising, the clear benefits of DLV, and rapidly expanding DLV screen coverage, it won’t be long. As more advertisers and agencies see the results of DLV, ad campaigns will start to include a DLV component as standard practice, and DLV ad spend will start to increase sharply.
As the only DLV media buyer and DSP with truly broad and deep coverage, with the most expertise, the best technology, and the deepest screen venue network relationships, rVue is positioned for success as the DLV wave happens.
I guess I should cancel that leftover bid I have open at .005 from a recent partial fill!
I'm talking about the people "here" that said they want to attend. lmfao?
Wouldn't you need to be a member of "the Club" to attend?
Not sure "how" or "if" this ties to Squuak? But I'm surprised!