Digging for aluminum cans and refundable bottles
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'm just relieved they got the financials out on time today after the previous missteps. As for tomorrow, NEXT!
(GRCU, please don't give me something to bitch about, be on time tomorrow! ha)
He didn't do anything special, he did his job as a CEO and it was well done, no need to exaggerate things here.
By the way, at a minimum 70% profit margin and a sellout of CBD oil, you know that the next quarterly report is going to be (as GM_Tech would say) HUGE.
This report looks good. Hopefully they can use the accumulated deficit from the old company to do tax write offs for future revenue. That would be HUGE as well. That's a potential of $31M write off.
Facts are facts, this is what we needed to see. This truly is a clean start for this company.
Trust me, if I had something bad to say about this Company and the financials, I'd be ALL OVER IT! (ha) It looks alright, they've only had products up a couple of months and their 30 flagship products will be slowly introduced up until the end of the year.
I don't know how the markets will react to it tomorrow but GRCU now needs to follow through on the Aug. 15th date for the AllCBD.COM website AND have the CBD oil ready to sell on the site.
It's the first quarter in business, all the big sales happened in July and they sold out which will be in the next Quarterly report. Once the international sales kicks in with the upcoming products we'll see a major revenue boost.
The debt/asset/liability on this Company is VERY low. Good to see they released this today on time as they said they would. No surprises here in this report.
It looks good for the next quarterly report, we should see some major cash being raked in if they start selling CBD oil tomorrow.
It's not really "operating losses" - nice try though, read it again, their operating expenses were $31,023
Shareholders don't know what they own just yet, let's not count the chickens before the eggs are hatched. If shareholders knew what they had, the stock wouldn't be where it is now, barely holding above .01 and no certainty in sight.
Fact is, they have been late three times (minimum) since Calkin has become CEO and he hasn't been CEO very long! hahaha.
Today is the day for the financials as publicly announced, are you going to make excuses if it shows up tomorrow instead of today? Or are you going to just say it's supposed to be such and such day anyways?
Are you going to make excuses for GRCU if the website isn't deployed August 15th and shows up late?
Are you going to make excuses if the website shows up and no one can order any CBD oil products on it?
Like you say, let's be patient and see what happens. It'll be great if they are on time as stated in PRs but they're not known for being on time. Each time they are late, the stock takes a hit and that's a fact.
hmm... maybe they meant August 14th of NEXT YEAR!!! hahahaha.. think they're going to be late with what they publicly announced?
They did say Aug. 14th for the financials and Aug. 15th for the website. If they're late with both, that'll be #4 and #5 where they announced a date and failed to meet it.
Are you people paying attention or are you still going to make excuses for them being late again if they don't make it as publicly stated? :)
I'm not too concerned about lack of supply, especially if they are selling thousands of bottles of CBD oil. I'm more concerned about their repeated delays of everything they "expect" to do but end up not doing as stated WHEN they would.
Eventually they get around to completing what they say they will do which is in their favor, but if they're not going to do it at the time they say they will, then they need to not announce dates.
August 15th is the date.
Mark this post everyone, we'll see if they fu.. err.. screw it up again or if they make it on time as publicly announced.
I'll pat them on the back if they make it on time and I'll point out their failure yet again if they don't.
They people who ask: "what have they been late on?" are in denial.
You forgot one important factor here. If they're late yet again with publicly announced dates, the stock price will take yet another nose dive. Aug 15th for the website date and allowing CBD orders.
Don't compare you and I as being the same, I don't mislead others when attempting to gain profit. This board here is all about charts and buying/selling based on charts.
QASP is definitely a scam and they are in the business of dumping shares, they're in their fourth generation of doing this to shareholders. I read your postings and you're attempting to lure more victims for personal gain, QASP is a scam, period.
QASP - a perfect template for being a scam stock.
The next catalyst on here is the financials and allcbd.com website, not the charts.
Based on the charts and said catalysts, it was an easy prediction last week to not sell like you did. It was obvious this was coiled to move up and you made a serious blunder. This isn't a flipping stock, you'll always get caught losing money if you try given the scenario. You'll probably want to adjust your trading strategy accordingly.
The pump and dump comes from you, not the Company. ;)
I didn't send it after further investigations into it, in the long run it doesn't matter, they're not interested in shareholders and the stock price.
soon, the whole sector is bottomed out via charts and ready for a lift off again, certain catalysts need to happen and they're fast approaching
I'm going to pull together an email and send it to the company in multiple directions listing out those misses, not that they'll listen to me but somebody has to do it. There's potential here and they're blowing it here with these missed expectations that they set.
Actually, it was 5 times they missed what they said what they were going to do. Albiet, they did end up doing those things they said they were going to do, that's credit given to them, but FIVE times they gave a deadline/timeline/expectation and didn't meet them.
Do you understand that they didn't need to set all those "self-imposed" timelines and that the stock reacts negatively when they set expectations (unnecessary ones too!) to the markets/shareholders and don't meet them? I guess not.
Why tell the markets you're going to post the fins by such date and then not meet them? Why tell the markets you're going to complete the name change on this date and not meet it? Why tell the markets you're going to roll out 10 products by a date and not meet it? Why tell the markets you're going to start the sales of a product on a certain day and not meet it?
Yea, they did complete them, but every time they set a date and don't meet it, the stock dives, and certain shareholders STILL excuse them for this repeated behavior, LOL!
Mark this post - let's see if they meet the Aug. 15th date for the website they publicly announced.
Find me an article that says Nike made a product release announcement for a specific date and didn't meet said expectations.
No wait.. find me at least FIVE Press Releases where Nike set expectations and didn't meet them inside of FOUR months! You can't. If Nike did this repeatedly, their stock would be pummeled and extremely volatile.
Let's see if GRCU screws up this Aug. 15th website and product sales offering on that site in mid-August.
In other words, what's the point of a website if you're not going to be selling anything on it, otherwise it's just another informational website. Hopefully they'll have products at the same time, that would drive this stock price back up.
Just because they're a new developing company with supply/demand issues doesn't mean that they can be excused for their fumbles. The supply and demand is not actually the issue, the issue is the constant questions they create in the markets and the unreliability of what they say and do.
Yet another POS day for GRCU! WHEE!! Plenty of great reasons to say how great this stock is! WHEE!! (not)
Uh.. everyone who is anyone in this industry knows who Robert Calkin is, that right there just killed your argument. Nice try though.
Yea - me too. You know what they say, you don't lose anything until you sell. ;)
Let's hope they get that website out on time and they get raw materials to ship more product, that's key here. If they don't, shareholders are screwed for awhile and it's back to the 50-yard line yet again.
That's why we're all here, they SHOULD get it together someday... but only if they hire a good IR team will they provide maximum value to shareholders.
The general markets won't buy a stock where they can't trust a company to follow expectations that they set, it's an important element to us shareholders making money. Some like to flip and swing trade, not my style, and some like potential to make good money, but it's hard to do when they keep fumbling left and right before making a touchdown, they just end right back at the 50-yard line again! It's stupid, really.
I have no issues with their BOD, they're alright to me and there is good potential there. They just need an IR team and the CEO to set future projections like any other company does. Robert Calkin isn't doing so well. Being a newbie company means nothing when it comes to a public trading company.
Bingo! That's what I've been raving about for months, it's stupid of them to do this.
You're going off subject. We're talking about the deadlines and expectations they set. Mish mash it all you want but the fact is GRCU has stumbled with just about every deadline they set. The most recent one being the July expectation for the financials.
It has nothing to do with misleading, it has to do with being professional and setting expectations in the markets. They bumbled this yet again. Hopefully they don't screw up the mid-August website deadline too.
Don't get me wrong here, there is good potential, but geez! They really need to get their shet together here and hire some experts to help them navigate through their PRs. It'd be NICE if the CEO would step up and give shareholders a future revenue projection along with what their exact plans are for the next 2 years to 5 years. It's what good professional companies do, these guys are stumbling left and right.
If a Company wants to be #1 in a sector they need to act like they are #1 and be professional about it. Don't give shareholders expectations and then not meet them!
They've been late with things at LEAST four times when they didn't need to be announcing hard dates. Take the last PR for example where they expected to have financials filed in July - didn't get done and they didn't need to tell shareholders this! It's not due until mid-August anyways! Hahahah.. talk about dumb.
The same thing with the expected 10 products and website rollout a few months ago, didn't happen in the time announced, they didn't need to tell us that!
And now they're telling us their next website will be available mid-August, let's see if they screw that one up too? Each and every time they fail to meet the expectations that they publicly set, the stock price dropped more and more.
There's only so much leeway and flexibility given to a company, start-up or not, that keeps stumbling at providing hard dates then not meeting them.
These clowns seriously need an IR team to handle shareholders.
This company is pitiful. No fins as "expected" by the end of July and no PR with material events helped kill the momentum. What a POS.
it really doesn't matter now, they have until mid August to get it done but the way they handles it via PR was pitifully done, lol! Expect to be done by end of July yet they screw that up too, another screw up by the "great" CEO, lol!
And there you have it, yet another misstep by GRCU and some shareholders making excuses for them yet again, pitiful.
nope, I'll be critical of GRCU forever unless they get their crap together, this may just become the CEOs failed legacy.
That is that, it's official, it's now a subpenny POS stock and GRCU CEO sucks for shareholders.
Will we see you on video doing this when it goes subpenny? :)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104106250
http://investorshub.advfn.com/boards/replies.aspx?msg=104106615
I told you what the hypers will do if GRCU doesn't do what they said about getting it done by the end of July, of course they will continue to make excuses for them and point to mid-Aug deadline.
If they don't make it today AS ANNOUNCED it will signify that this CEO sucks and really doesn't care about shareholders. If they can't make their announcements, they shouldn't make them, it reveals that they can't be trusted by the markets. Let's hope that they do it today as announced.
Another POS red day for GRCU, tomorrow is the last day to see if they made good on their announcement to have the financials released or if they screw it up yet again.