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I agree, as long as he actually does release audited fins. A lot of penny CEOs TALK about releasing audited fins. Most never do. Seems like we heard this same statement well over a year ago, so I'll believe it when I see it.
Very interesting.
For sure. I was just being a smartass. No negativity intended.
You can't get high on hemp.
Maybe they'd stop if there was one piece of post-able, verifiable news that this company was doing as great as all the longs say. But, there's not. If some tweets and a facebook page were the big news that everyone's been waiting for, we're all screwed. I thought the longs had the float locked up? If that were true, then how is it that we're down over 50% from before the latest "news"? This is an embarrassment.
Why do you guys bother responding to this dishonest scumbag? He's obviously just posting to entertain himself.
No you didn't. That's total BS and everyone knows it. You have no credibility after your lame attempts to pump this thing last time around.
No, we don't all know that. In fact, no one knows that. Some may think it, but you don't know it.
Does anyone know if we have a relationship, or are trying to develop a relationship, with any biofuel companies? Hemp is a much, much better source for biofuel than corn. That seems like a no-brainer.
If they actually do release audited financials, wouldn't that be a huge plus for this stock? I feel like penny CEOs are always saying they're going to release audited financials but never follow through. I'm no penny expert; just trying to learn a bit. Any thoughts?
Except that the fox douchebags are trying to imply that marijuana is addictive, which anyone with a modicum of knowledge on the subject knows is not true.
You guys have convinced me to be patient for a bit longer.
He's the main reason I bought in here.
Judging by history, I'd say it's definitely wishful thinking. And if we do get a PR, it will most likely be an excuse for why nothing is happening with this stock. But, of course, I'm sure we'll be going to the moon "soon"...
If there's no news or update soon, this thing will start to collapse and the chart won't mean a thing. People aren't going to sit by idly waiting indefinitely - especially when there isn't one shred of verifiable, post-able evidence that anything is happening with this company. I know people talk to him, and I know people believe what he tells them. But, in all the conversations that longs have with him, hasn't anyone thought to ask why he can't PR one shred of evidence that something is happening? I don't mean a fact-less update - penny CEOs lie all the time in press releases. I'm talking about the release of one single verifiable fact that anything is happening with this company. This is NOT bashing. This is a shareholder who thinks Reid has done an abysmal job keeping us informed. It's insulting and embarrassing. You can't blame people for being frustrated and annoyed, or for selling. If there is no update in the next one, two, or three weeks, a ton of people are going to sell. And if he were to issue a PR after that, those people would be completely justified in feeling betrayed. The mark of a good, professional, upstanding, honorable CEO is not to give special info to a select few while keeping the rest of his shareholders completely in the dark. And if the info he is giving to those select few is true, then he should be able to PR something. My 2 cents, and 1 post for the day.
I'm going to use my one post for the day to simply say "thank you". That is all.
Meaningless stat, and everyone knows it. Let's talk about it's 66% decline since it hit .0299 on 7/25/11, or it's 87.5% cratering since it touched .08 on 9/30/13. Those numbers mean just as much as your "1000% gain". There has been more verifiable proof posted towards the negative (since the stock WAS suspended and sent to the grays) than positive (since there has been NOTHING verifiable that has been posted that shows this company has been, or will be, doing ANYTHING). Again I'll say (and be ignored and vilified) that I am NOT a basher. I'm a shareholder who is currently in the green. But, I'm holding my shares based on nothing more than wishing and hoping for a near-miracle. Since I've been restricted to one post per day by SOMEONE for making rational posts like this, I won't be able to respond to the baseless attacks that are sure to follow. Enjoy your day, y'all.
Great post, gatemate. So nice to hear a thoughtful post sans the empty pumping or bashing.
The problem is that if the news never comes, this thing will implode very quickly. The one and only reason it's up is because of the rumor of news. I realize a lot of people have been in contact with Reid, but there have been a TON of penny CEOs before him who made claims of great things to come, but those claims never materialized. I sure hope this one is different, but I won't get my hopes up and I hope no one is investing more than they can afford to lose based simply on the word of a penny stock CEO. But all the same - good luck to us all!
If you think I'm crying to get cheaper shares (or crying at all), your comprehension skills are no better than his. I'm just raising valid points. No crying here.
I honestly don't know if you've used those exact words. My apologies. But it's still completely disingenuous to say this stock is up 1000% by cherry-picking it's absolute bottom.
I wasn't. I'm actually up on this stock. I just get annoyed with people acting so sure about the future riches to come, when there isn't one shred of verifiable evidence that can be posted. Anyone looking in from the outside can't even find evidence that this company exists. Most are getting their info 2nd hand from a few other posters and acting like they know for sure this is going to skyrocket. Hey, I've gotten a lot of good info from another poster here, which I greatly appreciate. But, I can't verify any of it for myself, as the CEO only returns calls and emails to select individuals. I'm not bashing this stock (though I think Reid does an embarrassingly bad job of keeping his shareholders updated), and I shouldn't get so annoyed with all the cheerleaders here. It's a character flaw that I'm working on! Just wish I could ignore a few more people...
Thanks again for your replies. Your one of the few posters whose posts I actually read.
On 7/25/11, just a few months before the suspension, this stock closed at .0274. It's lost over 60% of it's value since then. That stat is just as meaningful as yours.
But at this point, isn't this a completely rumor-driven stock? If we don't get news soon, will the chart even matter?
Yes sir. Heading to Iquitos.
I'm leaving tomorrow for Peru for two weeks. I'll be spending most of my time in the jungle with no access to the outside world. It sure would be nice to come home to some good news on this thing. But, I must admit, I don't expect much of a change. A lot of people seem very confident, and yet no one can post one bit of verifiable evidence. It's downright shocking that that FACT doesn't give some people pause.
That just about covers it.
I'm asking a reasonable question. And of course I don't want a guarantee, so don't talk down to me. A really great way to make money would be to hold a raffle or lottery, and keep telling people that the drawing is "coming soon" while you walk off with all the ticket sales. I'm not saying that's happening here, but it IS a possibility that many just won't acknowledge. So you just go right on ahead with your cheerleading, based on the info you get from other posters, and think you're in "the know". You have absolutely no verifiable evidence that anything is happening here. I know realism sucks in the penny stock world. So again I'll say, nobody really knows anything. The bashers don't know anything, the pumpers don't know anything. The stock has held up surprisingly well all, all things considered. There was a PR put out a couple months ago, albeit a very vague one, and that seems like a good sign, because why would someone already under SEC investigation risk putting out a PR if nothing was happening? On the other hand, if there was ANY verifiable information of ANYTHING happening with the company, why can't ANYONE produce one shred of evidence?
And what if there never IS a drawing? I'm sure it's coming "soon"...
Seems like the same could be said of the positive. I've heard a lot of talk over the past year, and the past few months especially. None of it has happened, and the answer to "when?" is always "soon"... And yet, there is still no verifiable evidence of ANYTHING.
No, it's NOT true. IS the stock up 1000% in the last year?
SKA, I don't have PM, but I appreciate your message and agree with much of it. I just think it's disingenuous when people are constantly spouting "facts" and "proof" that are NOT facts, and not proof of anything. And most of the people doing the spouting off are doing so based completely on hearsay. And yes, the constant bashing with no proof of anything, aside from the suspension, is equally irritating.
We've also been hearing Getting off the grays! and About to take off! for many months now. Neither side has been any more correct than the other, and neither offers any verifiable, post-able proof of anything. Just sayin..
You certainly won't be alone in that, MM!
I don't see much of a pump going on here, and you have to admit that none of "you guys" thought this would be trading as high as it is at this point. You all assumed it would be in trips by now. If the only people trading this are the people on this board, then how can you claim to be here to protect new investors from making a mistake? This is simply a waiting game. It will pan out or it won't. But people posting constant negative garbage (especially with the name calling) are annoying, as are the bold-face, exclamation point-laden cheerleading type posts.
Sure thing, sparky. It doesn't make it any less annoying to keep posting meaningless hype in bold type.
And yet up quite a bit for the year.
I'm certainly no pumper, but what you just said is absolutely not true. 9 months ago would put it at mid February, where it was clearly lower than it is now.
Huh. Interesting.
turn144, unfortunately I don't know anyone at the company. I just like and use their products!