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Keep up the good work... I'd like to buy a lot more.
Greenlane Holdings had net sales of $53 Million for the quarter ending June 30, 2019. This company moves product!
I think the 4th quarter will be the companies biggest quarter ever! (we wont find out how true that is until Apr'20, 10-K)
They expect the SEMA show to be huge (Nov. 5-8). They're demoing a new automobile oil tray that will be under over 500 automobiles.
They have a number of new partnerships/alliances that they've just announced. I'd expect those to start generating orders that will hit during the 4th quarter.
Don't forget they have a CBD Beauty line backed by IrieCBD that is expected to launch at any time. The CEO of Freedom Leaf (Irie's parent company) said in an interview last week that their Green Lotus and IrieCBD brands are in over 1,500 locations. Looks like a solid distribution channel to add our CBD products too.
As far as filings, they will likely file an extension, but file it before the extension deadline.
The company is definitely worth more than its current market cap of $1 Mil.
yeah, I added 1.5 million shares today so far.
Even with a potential reverse split, this is undervalued.
C'mon Man! With that speak, now I know you're trying to scare people into selling...
The reverse split was approved between 5 to 1 up to 50 to 1.
I'm buying at these levels!
Motion Industries is Huge!
They have over 300,000 customers and last year they had $6.3 Billion in sales. Their distribution network is huge!
Pura also announced this week contracts/agreements/alliances with Disneyland, Westgate Technologies, and West Marine...
In addition to that: in-store at Menard's this coming qtr and on Lowes.com (hopefully sooner than later).
Oh and don't forget there's a CBD line coming out backed by Freedom Leaf's IrieCBD still to launch...
It goes that low I'll take it private...
Could be or people that had their debt convert to shares can finally recoup their money.
I'm in for the long haul and believe the company is worth more than $1.2 mil.
I haven't added in awhile, but if it goes under .001 I'd probably start buying again.
There's been no volume for the past 4-5 months, so people that want to get out can now do so...
Also, there's not a huge following on Pura's twitter account so a small number of people actual see the news and most of them are already invested.
New pnat tweets:
“We are excited to announce that we have been formally and officially approved as a vendor with West Marine. This opens the door for our marine products to be sold through the largest national retail store chain of boating and marine products outlets!”
“We worked on this relationship with West Marine for a significant amount of time and are excited about this monumental moment!”
No, I’m still holding all my shares!
Sometime during the 4th qtr.
Yeah, it's nice seeing the volume come back. It's been a few months of zero volume, so now people who want to cut their loses are getting out.
Yes, I still believe this can have a solid run.
They have a lot of good things in the works, theyre just taking a lot longer to complete than expected.
A few things that we know: Cbd product launch backed by Freedom Leaf, in store at Menards, Lowe’s.com, new grout sponge, 50 new int’l ace stores, record sales at trade shows with True value and SEMA shows still to come.
A lot of positives! I’m holding for big money or a hefty tax deduction!
Not Great...
Sales were actually down and COGS up...
It also looks more likely than not that the R/S will happen.
2nd Qtr financials are posted and the stop sign is gone... volume should increase
Pura put out 3 new tweets today! Increased sales and stores for their grease beast line!
Also, they came out with a new grout sponge.
Maybe RSGroberg Consulting is liquidating the rest of their holdings.
I believe it will.
After they filed the report last night, the stop sign was changed to a yield sign.
1st Qtr's 10-q was released last night. One more and they'll be current.
When it was voted on there was a dead line of December 31, 2019. With the share count over 900 mil, it’s more likely than not that it’ll happen. They still have close to 600m available but that’s not a lot when the stock is this low.
Tell me about it... my first buys are now a year old.
I know a few people that can’t buy until the stop sign is lifted.
Patiently waiting...
I checked out the new 8-k and it says there's a new fiscal year, but I didn't see that info.
Do you know what the new fiscal year is?
I think the biggest thing for the Grease Beast/Pura is actually getting on store shelves at Menards! 300+ stores...
I can wait to see pictures of their set-ups.
I hear you. Everything seems to take longer than expected. I've learned that that is all too common with companies on the otc.
In regards to what?
The issue with filings was a previous accountant not doing their job. From what I've heard...
Lowes.com - everything on pura's side is done, they're just waiting on Lowes. again just what I've heard.
patiently waiting... and waiting!
The first quarter 10-q was due in May.
The second quarter 10-q is due this week, so hopefully they file them both and get rid of the stop sign.
Follow Green Lotus Hemp on Twitter. They retweeted this on August 9, 2019
Looks like CBD Life just made cbd massage oils available for purchase. They posted the link of their FB page.
Massage oils
I think part of the reason why the deal fell through was FRLF's intention on merging with Green Lotus, who working with RMHB, had its own beverage(s) coming out.
The balms are now available online from CBD Life
This is great News! Can't wait to see them in-store.
WOW, a 1 share trade to start the day off... how do they even allow that.
I also talked to one and they said it's been ready for weeks now and the delay is on Lowes' side. As much as I want to see them up on Lowes.com, I don't think it'll have a huge impact on revenue. I don't see a lot of people buying sponges online from Lowes, but the continued expansion is great.
The sponges keep selling out on Amazon... The company needs to keep them loaded up!
Merida responded to a trashing Tweet a few days ago and reiterated their revenue guidance as you've listed.
Good Times ahead for sure!
The next few months should be exciting.
Lowes.com will launch any day now. I don't expect a huge push in sales, but it gets our name out there.
We should get the 1st qtr 10-q by the time the 2nd Qtrs is due. I know quite a few people that can't buy because they are late with filings.
CBD product launches in the fall along with the Grease Beast Pro Line. They also have a few large international distribution contracts in the works.
Exciting times...
Decent Bid at .0026 at the moment.
Lowes.com should launch anytime now.
CBD line launches in the next 2-3 months, backed by IrieCBD (owned by Freedom Leaf/Green Lotus with financial/guidance from Merida Capital). They're not going to want their name on an inferior product or to be associated with a scam company!
I'm hopeful that the Grease Beast shows up on Lowes.com today, but based on their track record with self imposed deadlines... I don't think we see it today.
Yeah, I've been doing the same and also noticed the new search results.
The 10-K had a ton of great recent developments, I just don't understand why the company is soo quiet on Twitter...
Still holding all of my shares.
They have a lot of great things going for them, they're just taking a lot longer to develop than I originally thought.
The debt conversions have been never ending and I'm not a fan of the executive compensation policy. Salaries owed convert at 25% of the current PPS...GEEZ!
They need some of these "huge" distribution contracts to finalize to get cash to start flowing in...
From national hardware show back in May:
“The show was very successful with multiple sales representative groups seeking to represent our products and over 30 active leads from store chains to private label opportunities. Samples are being sent to two large distribution companies, one in Japan and one in South Korea.“