Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Patents to an unapproved device that generates zero revenue are worth zilch. Until it gets approved if al all which is at least 18 months away
ROTFLMFAO....thx for proving they're broke
raised $3M....$35M maybe in the future with massive dilution
Business model is very simple
1) Grow hemp
2) harvest and process hemp into CBD isolate (Lilu's job)
3) Sell CBD isolate to CBD end product makers (Lilu's has already agreed to purchase 100% of what we produce)
There is no risk to the business model about worrying about product sales
The GG peppermint tincture is just an end product that frankly we don't need, but its another potential revenue stream
There are no "bagholders" from the private placements, they're all up 60%+ from .625. Doubtful they're worried about selling right before the 35 acre Tennessee harvest for $7.5M hits #'s in Q1. Robert Wolf is very wealthy and i'm sure he's not panicked about his investment that he needs to sell day 1
once again, Lilu's is buying the CBD raw material to make their own branded products. No different that Coca Cola buying sugar. We're making the sugar (CBD) that goes into the end product. So we don't need to sell $30M worth of $50 bottles
Short at 2.45. Up 99% at .01 which is where it’s headed
#clown
So 2.5M shares will only take it down .25? Hahahaha. It goes down .05 every day on 100k shares
Rotflmfao. It’s amateur. And yeah the float will triple as they issue tens of millions of shares #amateur
Seriously? Divide $35M by 25M. And that’s being extremely generous. Will likely be 40M shares
FDA submission is mid 2020 as per last PR. Takes minimum of 6 months for the FDA to decide if they’ll approve. Usually a few months longer.
And Aspire will be selling all of them in order to fund the massive cash burn
Hmmm let’s think. The $35M Aspire will give them. It’s likely to be 25M shares over 2 years
Yeah. Hold a year while ten million shares get sold. I can see you’re new to this investing thing
Oh. And this won’t be approved until 2021 if at all. So September is still too early
The best info being shared is there are millions of shares for sale and an FDA approval is over a year away. No reason to buy this stock until this time next year
How does that benefit TMDI?
No one is covering a short based on Medtronic. WhTever Medtronic is doing has zero to do with Titan
Rotflmfao. They invested in IPAs at like $4 and drove it into the ground
Funds like Aspire don’t buy open market. No reason they’d buy a dime lower and still have a ludicrous amount of shares to have to sell. That’s not what they do. All they do is sell
Lmao. Iconic has an offtake agreement with Lilu’s Where they will buy the CBD raw material from us at market price from the hemp we grow. That’s the business. The Green Grow tincture is nice but hardly the big revenue driver. CBD raw material revenue will be $20M-$30M next year. That’s the explosive growth, considering its 90% gross margins
Next
.50. Just filed an S-1 to raise $$$. They’re broke
Rotflmfao. Actually it explicitly says they can’t do more than 30% of the daily volume. So unless it trades 10M shares in a day there’s zero chance of that happening. And $5. Bwahahahahaha. Equity lines are death spirals in disguise
Yikes. Like we said, Aspire sells the stock first. Then sends proceeds to the company and gets issued shares to close out the short sale
Right. So the shareholders who did both those deals are gonna sell right before the huge revenue ramp coming just because it’s October 4th. Rotflmfao. Yeah makes sense. Sell at $1 instead if $10 when $30M in revenue is about to hit
I don’t think you’ve grasped the concept that in order to get $35M in cash shares will be issued and sold in the tens of millions of shares
Ok. So if Aspire bought $35M worth of stock at the same price of $1.67 they would be issued another 21M shares. There would be ~50M shares out. That’s over 40%. Impossible
Huh? Makes zero sense
As per the press release Aspire cannot own over 9.99% at any time bc that would make them insiders and would have to file a form 4 for every sale and would have severe trading restrictions
Right now they own about 8% of the outstanding shares. So in order for the company to get new cash Aspire needs to always be selling to make room for new shares to be issued. This will go on for the next 2 years when the deal expires. There will be constant daily selling pressure.
Death by 1000 paper cuts
Wrong. They got $3M from Aspire with the promise that Aspire will get issued another $35M worth of dilution in the future
They put out a PR a month ago stating IDE in sept and FDA filing Q4.....both pushed way out
death by 1000 paper cuts....see you sub $1 in a month
by the time this gets approved there will be 200M shares outstanding....massive dilution
the slow death has begun.....90% of trades sells on bid
Not for nothing but the product isn’t approved and has zero sales. No one is buying this until that happens which is 12-18 months away
Didn’t hear any near term catalysts on the presentation. I think they shot them all out to get Aspire deal done. Likely a slow grind lower over months
Literally not a single catalyst for months....will be death by 1000 paper cuts
ROTFLMFAO...they sell the stock first into the market...take in the proceeds, keep 3% for themselves and give 97% of proceeds to the company. The company then issues them shares in a placement that are "bought". The stock is presold, thats how equity lines work
yes, I'm an expert
straight from the PR...yeah, I'm making things up ROTFLMFAO
$3M was at a high discount....the other 35M hasn't been issued yet....pretty simple concept
pls tell us how a $35M equity line works genius LMFAO