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If US legalizes MJ, and a deal with Altria goes through, I see weed being packaged and sold over the counter like cigarettes.
Instead of Marlboro, they can brand it "Marlbojuana". And wrap it up with tobacco leaf. When I was younger, that's how I used to smoke my joints; wrapped in tobacco leaf :)
A brand name will be crucial.
Good find. Will put pressure on America to legalize. USA, always late to the party.
Wow. Up 18% with low volume.
Same thing I was thinking...I sue that bastard.
This company should be shut down...a lot of shady practices...delay after delay.
Thanks for your input.
Best wishes.
Yeah it's a "hodl".
Kind of hoping they don't uplist until the madness is over. I also own Aurora and the NYSE move has been brutal for them.
Best wishes.
I have goals, and exit strategies, it's the patience that I'm still working on. The hardest thing in the world is being patient. Once I conquer that, I conquer the market.
The rich takes from the poor. The institutions take from the retailers. That's pretty much what he's implying.
In all honesty, its easy for the rich to be patient because they are already rich; they can wait years and years because they have nothing but time and money...it's definitely hard for the poor and/or struggling to be patient because we have nothing.
Shorts are making a killing on retailers in this sector. And they don't have to short each stock individually, they can just short the MJ etf's
Village Farms should uplist to the NYSE or Nasdaq. They're already on the highest tier of the OTC...move on up!
Report it to the New York Attorney General.
If a lot of short sellers are holding shares of HMNY and vote "no" or don't vote at all, this is going to get delisted and drop to .0001 on the OTC and shorts will be super paid. What a brilliant strategy.
You said it best with this post...
"...I think they are jumping the gun with this weeks news and should have held their draw."
They should have waited until after the vote to announce spin-off news, and if they didn't cancel the previously schedule meeting on the 18th, then this spin-off news would have come after the initial vote.
According to the DEF14, if you don't cast a vote, it counts as a "NO". Maybe that's why Teddy Boy is begging people to vote...maybe no one other than IHUB members are actually voting.
"Q: What happens if I do not cast a vote?
A: If you are a stockholder of record and you do not cast your vote, no votes will be cast on your behalf on any of the proposals at the Special Meeting. If you submit a signed proxy card with no further instructions, the shares represented by that proxy card will be voted as recommended by our Board in favor of the two proposals."
LOL. Shady Ted is begging for "Yes" votes.
Ted is very slick...
Say for example the dividend for moviepass is approved and they give a 1 share moviepass for 1 share hmny. If the RS happens, people are only going to get a few shares of moviepass, if the RS doesn't happen, people are going to get a lot of shares of moviepass. Ted only wants to give out a few shares of moviepass that's why he's begging for the RS. Having said that, shady Ted will probably cancel the spin-off if the RS doesn't pass because he doesn't want to give out a lot of moviepass shares which will amount to billions of shares.
And just imagine, someone bought at the pre-market high. SMH
Advantage of a RS gives HMNY it's "fresh start".
Even with a spin-off, moviepass is still the same company...losing subs, losing money. Nothing has changed.
I was being sarcastic to make the point of, don't hold your breath waiting for a moviepass spin-off. LOL
11/1 vote.
11/2 effective RS.
IMO
It's funny how this guy now wants to spin-off moviepass now that they are on the verge of collapse...with lawsuits, investigations, delisting, etc.
Should have done this a year ago.
Note holders love Ted. They can always count on him to get a quick dump off.
Why is it easy for stocks to drop and hard for stocks to rise?
Does this mean that we should all short the market, because the odds are greater that stocks are going to drop?
Thinking out loud. LOL
Down 10% daily (the whole sector). Shorts are making a killing.
And they are still a money losing company with decreasing subs. All a part of shady Ted's plan.
Delayed the reverse split 2 weeks cause he had something slick up his sleeve. RS is guaranteed to pass now.
More lies...PRELIMINARY means "MAYBE". Just another trick to get people to buy...some are still waiting for the Zone spin-off dividend.
Shady Ted is up to something. He paid $49,000 to one firm and $60,000 to another firm just to help get "yes" votes. He's probably doing something shady with the Preferred shares so that those shares control the whole outcome (hence the 2 week delay). With the on-going investigation by the NY AG, "shady" better be careful with his unaudited Q3. They're watching very closely.
I'm American also, and I know how America is. We want to control (dictate) everything.
IMO, America/Americans don't like to be last to the party, they want to be first, and since Canada legalized MJ countrywide first American investors (Wall Street) will keep the sector under control until America legalizes it.
Same thing happened with Bitcoin/Crypto. Everything was moving smoothly, until America got in on it via the Futures Exchanges...now, bitcoin/crypto hasn't done anything since. All just my view.
First reported by CNBC. Look what CNBC did to RIOT with its news story a few months ago.
SEC investigation or delisting next.
To whom?
Who will buy a company that has a losing money business model, losing customers, and pending lawsuits?
Hello NYSE!
Hello NYSE!
Everyone has that Ted mentality that HMNY is untouchable. LMAO. As one head line read a few months back..."The Spectacular Rise and Fall of MoviePass". It's coming...brace for impact.
In case you didn't know, The New York Attorney General is investigating HMNY for misleading investors. I think at this point, your charts are meaningless. This is going to drop to hell tomorrow, aka OTC greys. LMAO!
HMNY will be spending a lot of money on defense lawyers in the coming months possibly years. At least 5 lawsuits are pending, and now an AG investigation.
Bout time someone had the guts to come after these thieves. Their latest lie was they "secured $65 million in new funding when all along it was from selling shares...that was strictly misleading. Time for them to get delisted.
https://finance.yahoo.com/news/york-ag-opening-probe-moviepass-213250768.html
Until there's an 8k highlighting a new date, the 18th is the special meeting.
All these "no" votes being cast, but it's still going to pass. So many "no" voters are going to be disappointed.