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Hopefully, there is an update in the annual report.
It sounded like everything got put on hold with Covid but who knows. I certainly would bet that somehow or another he will facilitate their way into the EU. I remember Cannagistics stating they were looking at facilities that already had GMP certifications or were looking at joint ventures as well. Hard to tell exactly what will happen but I wouldn't be surprised at all if some of these dots start to connect. First one to connect was PBIO...imo.
Awesome news! Looks like we are about ready to begin production. I know Sello know's a lot more about DeFex but I don't think you will find anyone else with as much skin in the game as he has. He probably has 6 million reasons to get this off the ground and he knows the business. With the increase in volume lately this is going to bust out sooner than later....
Closed above 50 day moving average. See if we make a run at 200 day next.
I will be interested to read what significantly has changed...hmm.
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
Yes ? No ?
Something has to give one of these days. Another big volume day. Volume before price as they say...
A break and hold of .07 50 DMA would be a start. Breaking .10 and we are in business...
With 3 turns per year, I would suspect they have to be very close to start processing CBD if they got the equipment in place in the January/February timeframe.
I would assume they file by the 15th like they did last year
More buying today
Should bring some steady, solid revenues
Agree then it got smacked down real fast. MM? I doubt it was retail smacking it back down so quickly.
Weirdest day in a long time
Then right back down on 40K o volume...smh
I mean, I kind of figured this would have happened a while ago, but let's see if we get something meaningful in the short term. While we wait hopefully this person keeps loading the boat.
Big volume coming in
Me neither. I know there is a polymer component to it. That most likely comes from one of the large industrial chemical companies like DOW. I would suspect he already has a plan though since they already had a prototype produced.
Sello - couldn't they just do the pelletizatiom themselves? The pelletization machines don't seem that expensive relative to what they just spent on the extraction equipment.
That makes sense. I would think that Isiah would have made a big deal about it if that were the case. I would think they would just hire an outside lab to do the testing and then they would be able to export CBD to the US. I believe they need it verified just to ship and pass customs, ect.
Love the low floaters....
It sounded like the facilities had epoxy floors ect which would indicate they would be ready but I don't know if they would need to have had the space certified by an outside company to meet the requirements. I'm sure Isiah wants this producing revenue as badly as we do. It's just a cash burn until it gets going.
CBD Supply MD is purchasing. Any chance it's our cbd? Guess we wait and find out....
Great find Jimmy!
Hopefully, it was a planning to launch meeting!
CRVH Shell risk now updated from Shell.
https://www.otcmarkets.com/stock/CRVH/overview
Another nice day....like the supplemental
$CRVH just filed a supplemental. Merging with a 5M+ revenue company. Low floater 13M shares.
$CRVH just filed a supplemental. Merging with a 5M+ revenue company. Low floater 13M shares.
If that's the case, you really wonder how much more they can push it down. It's a 4M marketcap right now. They have over 1.5M invested into equipment plus land, licenses, ect. Any pulse would move it higher...
If Mark is going to do anything then OTC Markets should already know about it....
To say he hasn't had plenty of opportunities to right the ship is an understatement. I hope he has something in his back pocket.
Curious to see what Mark comes up with....
They had someone that had 5% plus ownership. Maybe that person has been unwinding his/her position.
Nice day
Isiah probably hired them for the SPAC aspect not IR...lol. Gotta here something sooner than later especially if they are still dreaming to uplist later this year.
Another interesting nugget in the conversation was that they expected to be doing a production run with CBD in the 1st quarter. I'm assuming that's for OWP. Hopefully, some good news in April headed our way. Fwiw I think Isiah could sell the crap out of this CBD sports drink.
Thanks Sello. It's nice to hear someone outside who is excited about the business they are setting up. I have a feeling Isiah's getting that set up to scale very quickly imo.
Sello - Do you by have a link to the interview you listened to?
Thanks
Not a bad close...