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How is it betrayal if they willingly purchase the shares at that price? Its not betrayal in any way. You're using the word incorrectly. Find a new word to use genius.
Come on Rifle, what's the deal? I have a ton of respect for you and MoneyMade. You guys are dialed in and know what you're doing. I'm new to this and look to you guys for direction and knowledge. However,I have to admit, it kind of saddens me to see you two spend so much time bashing, and for what? I know why you all are doing it, and more power to ya. I suppose I just figured you all were above this sort of thing.
New CEO is a professional. I highly doubt she'd be posting pics of vacation if they weren't going to comply with the time constraints. Just be patient everybody.
On 2/27/15 I told you all to cut your losses and predicted that the only place this was going was down. I pointed out all the inconsistent bs George was spewing.
As a result I was called a dumper and accused of trying to influence the pps by the kool aid drinkers.
Well, here we are today.... Hope all the provisional patents are keeping your bank accts full.
I agree that this stock could be amazing in the long run. That said, I dont see how this run continues at its current pace. I have a few concerns.
1) volume dropped overall and buyers were weak at midday.
2) Fridays generally have less volume.
3) these runs tend to last 2 or 3 days.
4) it bounced off of and closed below the 200 day average.
5) most people are going to wait it out and see what happens. How many of you would buy a stock that's up 2000% in 2 days?
6) rsi is over 80.
I got in early and made some good money. Still holding a position as well. I just think there will be a Correction before any more massive gains like weve had.
270000 to .007. More than that to .0035. They are playing people. It's gonna go back up.
Right now this is still up almost 100% from yesterday's open. Not sure why everybody is freaking out right now. I'm in at 06 and don't care about the intraday Pps. Any good news shoots this off again, it'll go back up and ill average down in the mean time. Get it together people. Great opportunity. And before y'all say "I'm just a pumper" or "I'm stuck" and "bag holding" realize this, I'm not a panic seller, and I dint have a problem admitting mistakes and cutting losses.
A/S increase is used for multiple things, like protection from takeovers. also, they can be increasing it that much because it's costly and time consuming to do it in increments. It's not the O/S, so font worry until you see a 10k out that talks about financing or dilution.
1) All marks a are red today.
2) it's a Friday, historically speaking not as busy.
3) it's called consolidation and its needed for a healthy stock.
4) day after big news people are hating and talking smack, why?
I've seen people blindly follow stocks that cost 1000x this one with less going for it. Yet here you are to trample a stock that's trip 0, get a life dude lol.
everybody attributing oxis being down 10% to the deal with this stock are being ridiculous. the market as a whole is bleeding red today everything seems to be down. you're either trying to bash so you can get cheaper shares or want to short. I've never seen people hate on a stock that's so cheap that has a deal worth hundreds of millions of dollars before. G, I wonder if they have an alternate agenda...
And last but not least, ask yourself this, with this 10q showing minimal revenues how much better do you really think this fiscal year will be when compared to last year's. We're you expecting more?
I can read and I did read the 10Q. When I compared the numbers to the statments made in the conference call something didn't seem right. Up till this point, I, like many of you trusted GEORGE and his statments, iiked him. so I took my opinion of GEORGE the man out of it and simply analyzed the data. When combining the lack of pr, slow down of growth in stevia revenues, and the statments they put into the 10Q such as
Using cash to fund operations, not having the money needed to expand operations as intended,and needing additional institutional financing to move forward
As well as the proximity of the CC/share increase to the above syatments, my trust began to diminish. And I don't care about the possibility of this being great or the patents filed. If I don't trust the leadership I'm not giving them my money.
So when I hear things like "HUGE INKED DEALS" or "HUGE PROFITS" and "4 PATENTS" I SHAKE MY HEAD. it's as if some people are mesmerized by George. It's surprising that soo many of you continue to only speak about positives from the fins and consistently ignore and condemned the negative aspects and those who point them out.
Ok, I see where youre conning from. But, let me ask you this.
What concrete evidence has george given us about recent operations that would indicate stev is anywhere near achieving this patent, or that financing and debt conversion won't come first?
I see no substantial evidence that indicates this will happen anytime soon. Furthermore, he's only vaguely spoke once or twice about synthetic cbd. I find it much more likely that a pharma company with multi billion dollar Market cap would come up with this.
I see this going sideways from 6's to 8's for a while until a catalyst vaults it one direction or the other. I'll buy back in at mid 6's.
4 PROVISIONAL PATENTS don't mean anything if the company doesn't actually file for the real patents. Just gives them preference.
The company states they don't have money to expand and will need financing. How will the pay for the r&d as well as the other associated costs of filing patents? in what timeframe? will that occur before the convertible notes start taking effect?
They don't gives us any pr and when they do it's vague. Not saying they won't get it done just saying the pps isn't going anywhere anytime soon so do somthing more productive w your Money
Like Burton said, wheres the money?
We suffered through dilution for what? 2 quarters of declining profits And Evidentity more dilution...
What can we determine from revenue being down, not having the money to expand the company and needing more toxic financing to continue operations?
I think it means next quarters fins Will be a major disappointment.. Even if they are better than the previous two quarters in terms of revenue they will show increased debt and a slow down of growth. I think it means this will not run anywhere near how we thought it would. I mean c'mon, 9 month periods instead of ytd. We are being deceived.
Thanks for the reply, and you were correct. I was under the impression that they were managing the hemp growth.
However, I don't think it really changes anything. They acknowledged that China grows 70% of the earths hemp supply. To me that means there is a significant amount of information on the quality and production of the product. furthermore, I would think that they would conduct their own DD before they chose which supplier to purchase hemp products from. With offices in the region they had the facilities and capacity to test potential products.
it just seems like a massive blunder that they got poor quality products. You can say what you want in there defense, but you can't deny that it's nobody's fault but stevs that they got bum products and we are the ones paying for IT. IMHO the whole scenario screams inefficiency and ineffective leadership.
that's a big if considering they are a farming company that botched a crop production on a epic scale and then completely downplayed in a CC. If your not questioning whether or not we've been giving them to much credit and trust then you should just keep taking the blue pill neo....
I think we should have started being concerned when the CEO of a farm management company, who consistently talks about best practices, tells us the hemp crop was no good due to metals...
Is Taking a soil sample part of the best practices? I would think so.
Espically when you're betting the house, shareholders trust, and everything else on the heavy investment into this new territory.
His reasoning for a Share increase during the CC was outright deceit.
you might not like what I'm about to say but you can't ignore it.
GEORGE WAS WELL AWARE OF STEVS FINANCIAL SITUATION AT THE TIME OF THE CC. HE NEW THEY WOULD NEED FINANCING AGAIN. HE LIED TO US ABOUT WHY WE NEEDED A SHARE INCREASE.
hell, he even said he chose to increase it so much because it was EXPENSIVE
believe what you want, but at least be objective about it. The clues are there if you are open to seeing them.
Couple that with things like A FARM MANAGEMENT COMPANY NOT TESTING THE SOIL FOR TOXIC METALS IN A REGION KNOW FOR THIS PROBLEM, AND ON ITS INAUGURAL CTOP AT THAT lack of pr, and getting absolutely nothing accomplished with the money from the previous financing, and it becomes clear. we got strung along and played. I liked this company and truly believed in its potential. But,I have had to much money tied up in it for to long accomplishing nothing. Id rather risk having to chase and getting in at a higher pps oveR pps dropping and money loss.
Does anybody else feel like we got played? I mean, it's been less than a month since the cc justifying the O/S increase and now we are using cash to fund operations, not generating enough revenue to grow, and will,by there admittance, most likely need additional financing to continue operation Which we know means another massive dilution.
George had to of known of the crop issues and decreasing revenues when he claimed the share increase was to protect the company. It gets approved and then they drop this 10Q on us. It's just to much of a coincidence to me That we approved the increase just before he informs us of needing additional financing And dilution.
Anyone who doesn't think that this bottomed out by chance right now is kidding themselves. Price was driven down to yearly low and then Bam, pr and updates. The powers that be are putting up a 50 mil share wall at .0004 and .0002. They are accumulating shares. After they buy up the float this will explode, yet again, like it always does after the new year. Money will be made here. It's so cheap what have you got to loose?
George has done it this way a few times recently. Uses the weekend to his advantage. I doubt we see anything before Monday.
or perhaps they did exactly what they wanted. Huge volumes bike at the end of the day closing at the high of the day right before financials. Could have done that to draw the interest of technical traders. I think they're just positioning it to run very nicely.
How's that prediction coming along?
Thank you
Hi everyone, have a unrelated question regarding a feature of this site. How do I see the updates from a member I'm following? Do I have to be a paid member?
Are you implying that the l2 is set in stone and in no way can be changed to manipulate the price? Get real.
Hey everyone, New to the site and not quite sure if a feature. How do I see who and get updates from people I'm following? I'm currently a free member. Do I have to have a paid subscription?
Nice theory considering it just bounced off its low of the day.....
You all will see, this is going down. It's only up over 1000% since the fifth. Yeah, penny stocks always hold those gains.... Nobody is ever left holding the bags..... Even billion dollar companies would have a sizeable pullback after gains like this. But ENIP is different... Pattent settlements they can't disclose and drive the price down.... Diluted, manipulateD, shorted. Stop hoping and start paying attention. press release after it starts to run is only to boost it untill mass sell off and shorting. Y'all are about to get played, hard. Just wait....
Realistically speaking, I see it staying around here for a day or two before it plummets and mass panic selling ensues. not bashing, it happens every single time to OTC cheapies under .01. Just to easy to manipulate...
You didnt miss anything. This couldn't pass .05 from .045 when quarterly was released which included conedison settlement. Went from .045 To .02. It'll drop and run up again.
.05 here we come lol. Some of you are smoking rock!!!
It's not bashing its common sense. From .33 to.002 And you think this is going to rocket up. It's a joke. People are getting played and before long there will be many many bag holders. Take your profits and don't get caught. To many emotional traders in here ignoring the obvious.
The patenta aren't worth crap. I've been watching this stock since it was at its high. You don't go from over .30 to unDer .01 if you're worth millions of dollars. I was around when the initial pr was released about all the settlements everyone keeps talking about. They never disclose the terms of the settlements. If they were potentially making millions the pps wouldn't be this low. The Market cap is a joKe. Wake up people. Pump and dump.
Keep drinking the coolaid everyone. The settlement s are garbage and they get basically zero royalties. Why do you think it went from .33 to .0020 In a year? This is a pure speculation play, pump and dump. Money can be nadebut if you are thinking about investing you'll be holding many baGs. Take profit and get out. It'll be going down soon.
I'm interested to see how thegoeslooks today. Looks like it was purposely being kept within a range yesterday. it'll start getting walked back up and we close over .085 sometime next week. I think the mms are manipulating this chart to look primed for a technical breakout. By the time good news is released new investors will look at the chart and rush to get in. STEV is being set up to explode in the near term. just a prediction of course...
Let's just hope it's a higher low this time followed by a quick rebound up to .085.
100,000 volume for 2 hours and then 300,000 In 10 minutes. Am I missing something?
Stev is wrong in Google finance yet again.