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Correction: Part 1 of Phase 1 Complete , with no adverse effects of course
8k Out : Psoriasis Phase 1 Complete:
"OWC Pharmaceutical Research Corp. (“OWC”) through its wholly-owned Israeli subsidiary, One World Cannabis Ltd., announces the successful completion of the first part of its Phase I, placebo controlled, maximal dose study (the “Psoriasis Study”) to determine the safety and tolerability of topical ointment containing medical grade cannabis (the “Topical Ointment”) in healthy volunteers. The study is being performed by Professor Aviv Barzilai, Director of the Department of Dermatology at Chaim Sheba Medical Center. Sheba is a university-affiliated hospital that serves as Israel’s national medical center and is one of the leading integrated medical centers in the Middle East. The completed part of the study consisted of application of escalating doses of the Topical Ointment to healthy volunteers and was successfully completed with no adverse effects. After completion of the second part of this study, the company plans to initiate a phase II clinical study to demonstrate the efficacy of Topical Ointment in treating mild to moderate psoriasis and other inflammatory skin diseases.
Mr. Mordechai Bignitz, the Chief Executive Officer of OWC commented, “We are very pleased to see the successful completion of this stage of the clinical testing program. OWC is committed to the development and validation of cannabis-based products for the treatment of debilitating and life-threatening diseases and is investing significant resources to prove that our products are both safe and efficacious. This study constitutes an important step in bringing relief to millions of people that do not currently have effective therapies for diseases such as psoriasis.”
I'm hoping to get 008 fills, 007 if lucky. Maybe someone will dump big tomorrow after seeing the blood today. Cross your fingers we get so lucky
All MJ stocks are going down. Did you predict that? No. How about predict when one goes up, that's something worth bragging about, since you like bragging so much, tell us how much money you're making because everyone knows you're not making money making predictions on stocks going down. Easy to post on stock boards it's going down when delinquent on financials, think you're a hot shot huh? "as expected" and "as predicted" in one post, 2 sentences. You must be happy that you're right. So where's the money, hmm?
Relax, the entire sector took a major sh** yesterday, and has been down nearly every day this year especially since summer hit. It's low volume season, and low volume means low liquidity and volatility. It's my belief that market makers are taking advantage of this and lowering all stocks right now, scaring out the "weak" of their shares, and controlling the stocks for now before the big rally comes. There has been nothing but great news for the MJ sector for both the US and Canada. Yesterday, the biggest down day for the sector since May 3, there was great news that Oklahoma had passed legislation to legalize weed.
A combination of the news of the A/S nearly doubling, plus low volume, plus scared traders and investors, plus the MM's bringing down 90% of cannabis stocks, plus alerts/ stop triggers at .01 for DPWW = trips today.
I see all this as buying opportunity to accumulate more. This happened 3 times the past 12 months, and I accumulated positions on MJ stocks and every time there's a big rally that follows that more than recovers the extra downside. This means DPWW will go over .02 within 4 months. Hopefully sooner though.
x100xPercent
No it's the entire sector, most cannabis stocks are down and there's no reason why LVVV would be an exception
Only cbd rescheduled? Utter nonsense. Stop posting misleading information. Post a link where it says cbd is classified as a schedule 1 drug. Can't? That's because it's not, marijuana is, the whole plant.
Epidiolex Approved by FDA today
utter nonsense
utter nonsense, utter nonsene, utter nonsense, utter nonsense
Today the sector is down big on low volume, the norm these days. Technically LVVV should be going up, should have at least peaked over .05 by now, but market sentiment / low volume is definitely keeping the price low. Not much green out there.
Been looking forward to 6/27 for a while, will be interesting to see if it bring the big volume that other big news has brought a couple times. I think it will only if it's on the news, that will bring people to MJ stocks that don't normally look at mj stocks and everything will be green once again, a sector-wide rally of 20-30% like the day when Trump first announced he will be backing state laws.
What table are you talking about? Sleek is talking about the table of this year, why are you so negative and literal? This is about Epidiolex not hemp cbd.
This looks like utter nonsense to me. Did you just come up with random numbers and write them out? Also, how many times have you used the words utter nonsense? I think you're the nonsense in the utter
In order to be categorized as a Schedule I substance, the drug must meet three criteria:
The drug has a high potential for abuse
The drug has no currently accepted medical use in treatment in the United States
There is a lack of accepted safety for use of the drug under medical supervision
Rescheduling may take some time, but it will need to be initiated once Epidiolex gets approved next week. Before you respond with uneducated sentences, look up Epidiolex, look up FDA (it's the Food and Drug Administration, and is a goveernment agency).
Problem with RBII is there's nothing short term to anticipate (relatively speaking). The big volume comes in when people think the products could be on shelves next week or an announcement coming as such. Now the only foreeable thing in the short term is silence or surprise (nobody hold stock hoping for something totally unexpected). Products on shelves are only "anticipated", and over 3 months from now, that's what I call a long time. For longs planning to hold a year or more, probably nothing to worry about for you. I think it'll stay low volume until anticipation or hype comes back to the stock somehow, and low volume usually means more volatility.
YUP EXACTLY, COMPANY HAS NO IDEA WHAT THEY ARE DOING, THANKS FOR YOUR DD YOU KNOW YOUR STUFF!
YUP PRICE TOO HIGH, THEY CAN'T COMPLETE BIZRIGHT MERGER UNTIL PRICE HITS .05 LIKE YOU SAID, SHAREHOLDERS WILL NEVER APPROVE THAT OS INCREASE, ITS GONNA HIT .05 THEN .025 AFTER SHARES DOUBLE, THEN MAYBE CONTINUE LOWER. .02 BY END OF QUARTER
MUD IS RIGHT, .05 -.07 COMING SOON
ALL HAS BEEN REVEALED, GET OUT WHILE YOU CAN
SELL EVERYTHING, THIS GOING TO .025 BY END OF MONTH
MEGA DILUTION UNTIL CURRENT FILINGS NEXT YEAR
THIS STOCK TANKING, TOTAL SCAM FULL OF LIES
F U MFERS DELETING MY POSTS NOTHING WRONG WITH THEM
Sounds good to me, waiting for your shares
8k Just now regarding filing! Read here
"Sugarmade Inc., a Delaware corporation (the “Company”) has received several questions from its investors and it wishes to address these questions, and therefore makes the following disclosures pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934, generally referred to as Regulation FD Disclosure.
Sugarmade continues to be committed to returning the Company to fully reporting status and is working diligently on these tasks. As of the date of this filing, the Company has completed the financial accounting for the quarter ending December 31, 2017 and has completed the filing document on Form 10-Q. The corporate auditor is now reviewing these results and the filing. The Company plans to file this quarterly report upon final sign off, which is expected over the very short term. Sugarmade has also completed the accounting and financial reports for the quarter ending March 31, 2018, and upon review and approval plans to file these results on Form 10-Q with the U.S. Securities & Exchange Commission, thus returning the Company to fully reporting status. The Company does not expect any additional significant delay in this second filing.
As management had previously indicated, Sugarmade is experiencing significant growth in revenues due to strong industry grow dynamics and the entrance into several new markets. The number of products SKUs offered by the Company has more than tripled since the end of the last fiscal year and is expected to continue to grow rapidly through at least the end of the fiscal year ending June 30, 2019. The growth in revenues, especially relating to past financial reporting periods, strained the Company’s financial systems, resulting in the late reporting. Financial reports for fiscal and calendar years ending 2018 and 2019 are expected to show substantial revenue growth, which will likely to be well in excess of industry growth rates. The Sugarmade team has taken strong action to ensure timely financial reporting in the future, significantly enhancing the finance and accounting staffs and installing new accounting software systems to automate many of the tasks that we previous manually performed. Management of the Company believes, as a result of the personnel enhancement and software system improvements, timely reporting for future financial results is likely."
I'm going to brag something worth bragging about.... sold most my shares .13-.14 after buying big .12-.125 couple weeks ago, and I just got filled at .116 my last order to have 15% bigger position than before. 2 more orders to hit my share goal, need 10-15% additional drop for that and then going to sit and wait unless it drops lower then I'll buy more with new funds.
I'm happy now if we just hit bottom, happier if I get more fills! I'm much more stressed when price goes up when I don't have a satisfactory position.
There are plenty of facts about Budlife, lots of details that have been said and that can be looked up. But the thing is that you think you know everything until you learn something new, so you think there's nothing else to know about Budlife because you don't know about it. But when you do know about it, you're gonna be posting about it as if you're the Budlife guru.
Yes as long as the accounting staff is hard at work (it's doubtful any of them are sitting on their asses), I'm sure they are delegating their workload for the better interest of the company and shareholders. Some shareholders seem to think that shareholder interest is getting current, put everything else aside and do the past due fins so the share price can go up, that's shareholder interest. WRONG. What's best for shareholders is keeping up with the massive growth and accounting, at the same time as taking care of the past numbers, so that when all is done the future financials will not be late, and in the meantime the company is making $. Bottom line the company making money is what's most important, not the present, not the past but the future. If I was a CEO with so much going on in a company like SGMD, I would not care about satisfying day traders.
Bottom line, there's a lot going on behind the scenes as bailosellhai has proven for us having visited the company 3 or more times, they are hard at work and given they are on thin ice with the SEC, they are not allowed to say many things in press releases or otherwise because there are too many stinky pinkies out there that pump their stock and are scams that break the rules. A company that is as delinquent as SGMD may have a high risk of being fraudulent in the eyes of the SEC which is why they can't say much to us right now.
Good things coming, and I'm excited and still waiting for additional price drop as anything under .20 is a low price for this company because they are definitely doing what they say and growing with big revenues that will soon be proven.
You are mistaken.
The lower this goes today/tomorrow, the higher it will go on the next rally. It's all about what most people consider to be a low price. Just look at the chart, recently 0028 is considered low, and that's before the big news and good-looking 10q. We hit 0029 today and now sitting above 0030. A rally can come at any second with one buyer willing to put up a $20-30k buy, chump change considering all the people that have eyes on this stock.
Fins aren't out now, no telling when they will be. Could be weeks still to get the final revision and approval by the audit company. As more time goes by, more amendments will have to be made. My wild guess is next week before end of month.
Yes even if it could keep 1/8 fresh for 2 more weeks it's worth $30-40 to me. 6 months of freshness I'd pay $100 as a consumer if that's what it cost. I heard it's going to be about $25 but I think that was probably a rumor and I'll believe the price when I'm able to click buy on it.
I'm in SGMD for Budlife. The Bizright revenues are why I'm not waiting to trade this stock. I used to smoke weed, and I was very picky about my green being fresh. Nomatter what I did to store it or what containers I used, it would always get old and not work well. What other company has a storage solution for personal size with technology to keep it so fresh? If they get this product launched with the supply to meet the demand, I believe it's going to become very popular all around the nation and Canada, even worldwide. The potential of Budlife alone is massive IMO, but for now it's on the sidelines and nearly forgotten about so kind of irrelevant, but wait and see it will become a big thing when it gets out there.
Either the shareholder update was his biggest lie ever, which would definitely be his last big lie given the name drops of 2 huge auto dealers, or he's telling the truth. Why his last lie? Because from now on, all can be proven by finding products at Carmax and Autonation locations, and next quarterly filing will show much larger revenues.
No selling today at 0031, that was probably bottom. I think strong close today 0035-0037, then tomorrow holding 0033-0038
You really don't know what you're talking about.
You keep making up random shit, that's not true at all
Nothing manslap says is truth, he takes things that have been said by shareholders and on filings and twists them to something he finds humerous. He sits at his computer and thinks of posts that can grab attention. He has nobody on the inside he's making fun of one person here that actually is as much of an insider as can be.
Today is highest volume in about 3 months. Chart looks set up for moving higher
How is this NOT up 20-30% already?