Mccping
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To late bills came in this week
Captain any updates on Pacer?
LAS VEGAS, Jan. 16, 2018 (GLOBE NEWSWIRE) -- CV Sciences, Inc. (OTCQB:CVSI) (the "Company", "CV Sciences", "our" or "we") announced today that it has paid the January 2018 installment obligation under its March 1, 2017 Convertible Promissory Note (the "Note") in cash, thus avoiding the lender's conversion of this amount under the terms of the Note. The Company issued the Note on March 1, 2017 in the original principal amount of $770,000, which provided the Company the right to satisfy installment obligations in cash or by conversion of the installment amount into shares of our Common Stock at a price determined based upon the trading price of our stock during the period immediately prior to conversion. On January 5, 2018, the Company made payment to the holder of the Note equal to $100,000 and the lender accepted this payment.
"As we previously indicated in December 2017, our financial position has well-positioned the Company to satisfy all remaining outstanding debt obligations in cash," said Michael J. Mona, Jr., chairman and CEO of CV Sciences. "By doing so through the remaining term of this debt obligation, we will be able to avoid further dilutive issuances of our stock to the lender."
After payment of the January 2018 installment, the amount remaining due under the Note is approximately $516,500. The Company will continue to utilize cash flow in a manner that puts the interest of stockholders first, both in terms of continued growth and managing dilution.
Once the Fins hit and they settle the claim we should certainly stabilize and be looked at as real company.
Anyone selling now has no idea whats going on.
Here we go again they drop it 10% on 300k!!!
The SEC settlement news should be hitting any day?
I agree and think they shouldn't vote party until this is straightened out more lies from this administration. Session told Colorado hew would change the current policy and boom!!! He is to old to know what the f&%& is really going on! "GOOD PEAOPLE DON'T SMOKE MARAJUANA" the guys a wingnut!
Sessions has put the brakes on the entire industry!
What is the cole memo?
This should be the year a lot of good things happen!
Someone keeps trying to throw up a big block and slow it down!
Someone knew this was coming it is our biggest obstacle to being a clean company. Thank you for the update Pacer is a beautiful thing inst it?
what was the date on that agreement? Is that the reason for the surge in volume?
I said from the beginning Mona should step down now maybe we can move lets see who they bring on to take his spot if anyone? The settlement is not that bad overall but we pay the lions share of the monetary amount.
Someone is shaking the bushes to get cheaper shares.
I agree looking good all of the good ones are a long term hold for the real $$$$
A lot of newbies have shown up spewing. They need to go back and read to know what's been going on. The sectors has heated up in the last month bringing out the cheer leaders and pumpers. This thing has the product and sales just needs to clean a few issues up and boom. It's a real company with a real product and good sales. Captain why'd you change your header?
We need the SEC case cleared up to get some respect!!! The product and numbers speak for themselves.
We need the SEC case cleared up to get some respect!!! The product and numbers speak for themselves.
I'm going with over 4.6-4.7
This whole tanking is the panic of the letters good buying opportunity IMO
http://mjinews.com/fda-sent-warning-letters-cbd-companies/
Making claims such as cancer claims without the proper procedures and trials is Not acceptable. There will be some good proven products that come from marajuana products. Did we get one of these letters in 2015 or 2016 I can't remember?
Your clueless the thing has found a bottom. They need to clear some issues up and keep growing and the future is bright stop trying to paint this bleak picture.
This looks like one of many hearings. This isn’t going away quickly.
Looks like someone ran it up for a dumping?
Meant to say no reverse split in 2017
I would like to see those votes! Yes very defensive and tight lipped on SEC situation. The BOD has a fiduciary responsibility to do the right thing for the shareholders 10k and a step down doesn't seem like a lot to me.
Yes business as usual nothing we really didn't know. Just future numbers will be big on reverse in "2017". Nothing to change the status of the stock price. No comment on SEC or future dilution before they reverse us!
SEC investigations are no joke.
I don't think its being manipulated as much as there is no interest in it at this time. Would you buy in at this time?
Looks like the market has lost total confidence in this thing. Look at some of the other plays and valuations this thing is tanked. Sould be interesting to here what they have to say today. Does anyone know if they are taking questions?
I said that right when the SEC thing came out. They have the product and a decent team in place time to pass the baton.
If they had stuck to retail only the price would be a lot higher but everyone wants in the pharma game!
I think Mona needs to step down (WE HAVE OTHER GOOD PLAYERS IN PLACE) and we get some confidence, SEC and looking like you were tied to Perlowin isn't good for anyone.
If something significant had happened I think we would have heard it. The SEC thing is strangling this stock.
I am sure you can find it at Pacer takes some digging.
https://www.pacer.gov/pcl.html
Thank you DB let's hope the motion to dismiss works!
DB when your down in that hole see whats going on with the SEC investigation?