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This is a hidden gem, few will be here on time, for those of us already here cheers.
"Bernie Sanders Proposes Ending Federal Marijuana Ban"
http://blogs.wsj.com/washwire/2015/11/04/bernie-sanders-proposes-ending-federal-marijuana-ban/
I'm going to guess shares instead payment.
This makes the US govt look incompetent, minus 23 states and DC.
That's not correct, frozen shares occurs due to a lack of liquidity in the stock.
My rule with an RS is you sell immediately following the open of the split. If you hold and think you'll gain after an RS you will pay.
The difference between your 0.03 RS and the one here is the pps is at the lowest it can go. An RS here wouldn't be so bad (if you bought at trip 1, otherwise it wouldn't be good).
Get those tickets while they're hot.
It's definitely not a good position to be in if you purchased this stock over a penny, that is for certain. Average down and hang around.
If you get emotional about these stocks then you probably should not trade here. The worst type of trader is an emotional one, but that shines extra brilliant in the OTC. These are patience plays, either they happen or they don't, end of story.
I have no doubt Ohio will pass a bill that actually makes sense and is fair and market friendly to everyone that so wishes to build a business in legal cannabis. Issue 3 was in favor of only a handful of people that would have made them rich without the chance for a free marketplace, even the extreme right wingers that opposed the bill stated they did not oppose cannabis, they simply opposed the unfair advantage it would have given the select few for growing purposes.
In other news, Ireland is set to decriminalize weed, cocaine and meth, even offers injection clinics just like the Portuguese.
It was a bad bill to make only 10 growers rich, people aren't against legalization they are against oligarchy.
We should hear shortly, they have investors visiting from India, this thing will remain in the oversold until news. Just keep holding it's only a matter of time. If you see dilution get out, they just reduced shares though so no need to panic.
Not just a product, but the first in it's class. Other competition does not come close.
It will happen, other countries allow testing and Canada will be first before us I say sometime in the next couple years.
I hear you on that, removing it from all schedules and federal law is better.
Cool, hope you get the amount you want.
Rescheduling will not solve any problems, but it can and will make matters worse as the FED can go after s2 drugs. It simply needs to be DE-scheduled.
If you are new here there is a lot of catch up on. Just know that this is a long term play, so expect to be in this for awhile at sideways movement. The last thing we need are more people in here complaining nothing happens.
Even if you don't have a million shares here you will be successful. Look at their balance sheet, notice their losses were decreasing before making reductions and increasing WDHR sales. It's only a matter of time until their liabilities goes to zero and they are in the green making profits. I don't care if WDHR doesn't say anything until then. I can wait, just make it juicy when WDHR PRs the news. Debt paid off, no more convertible debt, decreased operating cost, increased revs, green profits, largest profit year on record for WDHR. This is the PR we need, until then I'm glad they aren't feeding us with dribble.
Are you plugging short positions?
First off, you wouldn't be able to purchase 1B shares, the MMs aren't offering that much to purchase.
He means the extra value the company has made for itself through clientele, marketing, brand, etc. The Market Cap is simply based off financials only, not the auxiliary extras that come with the company. Disvet thinks it might be worth much more than that, as he stated in previous posts.
The Market Cap represents the amount it would take to buyout the majority shares of the company to gain ownership over the company, it's different from a straight acquisition and a take-over. Usually take-overs are nasty and companies will do things (like dilute) to prevent that from happening (not saying this is the case here, because it's not).
Lol anyone notice the trade for 420,420
Nice, thanks for linking, excellent news in the legalization efforts.
Ha, just buy the company out right, they are listed for 467k.
I think the MMs finally realize the small amount of us that own stock aren't here to flip.
No one has yet to receive any information. I have left a few voice mails with my call back, that's it. Several have tried to contact them via Linkedin and facebook, no response.
The opponents aren't against legalizing, they are against writing into the Ohio Constitution that 10 licensees will get to grow it for sales. I agree with them, I still want it to pass, but the way it is written is BS to anything and everything that is a free market place. I believe their supporters are there just for investment purposes, they put up the money for the campaign and then they get are the ones that get to grow it. It's a horrible idea for a law. I simply do not think it will pass, even though it should and can always be amended later. There should be a process on how many and who gets to grow it, but 10 growers only is nonsense.
Good idea, it's cheap anyway.
Cool, it can be hard to wait but the evolution of a company is fascinating to watch, and things with WDHR are pretty epic because it's a unique company. It's not just one company it's two and they both have pros and cons. I'm usually not a long term holder either, but this is a treat to watch.
Par value was changed when WDHR diluted. That's no secret. They diluted shares so lenders did not convert. That is a good thing, not a negative. If you aren't willing to give WDHR a chance I'm not sure why you bought in.
Their debt to income isn't that good. If you read the filings and financials you will see why they diluted and increased the OS, whilst decreasing the pps. To me this is a good thing, as WDHR.com gets situated.
If you read the filings you will notice they use the terms organic growth. They aren't trying to pump this, although they can't stop a pump if it so happens.
This are keys:
1. They had four different promissory notes that could have been converted at anytime, they needed to raise the capital to pay them back or the lenders could convert. IMO, this is why they diluted a bit and allowed the pps to drop to trip 1. This is smart on WDHR because it allows them time to pay the debt off without having the lenders convert and screw the investor.
2. They have decreased overhead big time by closing locations and rental property.
3. They are increasing WDHR.com postings everyday and this is the first year of the website. Growth is still needed.
4. If they could not raise the capital needed to pay debts and continue their business they would have closed 4 months ago, yet here we are, still plugging along.
Yes, there is a lot of potential here. WDHR has done a lot of things to keep the doors open with AnythingIT and they are advancing WDHR.com. I think this one will take a little longer, but there is a lot of good things happening here with WDHR. This will grow as the industry grows.
Gallup: Support For Legalizing Marijuana At Historic High
http://norml.org/news/2015/10/22/gallup-support-for-legalizing-marijuana-at-historic-high-2
Study: Patients Substitute Cannabis For Booze, Prescription Drugs
http://norml.org/news/2015/10/08/study-patients-substitute-cannabis-for-booze-prescription-drugs
What Justin Trudeau’s Win Means for Marijuana Legalization - See more at: http://blog.norml.org/2015/10/20/what-justin-tradeaus-win-means-for-marijuana-legalization/#sthash.cEkh3HeQ.dpuf
Yup, and CA has a vote in 2016 to legalize rec use.
It's coming, each passing day is a small turn on the dial.
It should happen soon, if their meeting goes well with India investors they could have something on paper within a couple days or weeks. stay tuned.