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So what did you hear or see that you didn't like? Is nothing they have said actually happening?
Just asking.... You were going to the convention and were going to talk to them. What happened?
Either you went and didn't like what you heard or you didn't go and figure nothing they say is going to happen.
You post a lot of positive info about a company that has gone downhill despite what they say they are doing.
Please tell me/us why we should have confidence? I see nothing but dilution and probably a reverse split coming. Explain why I am wrong. Trust me I hope I'm dead wrong but I don't see it.
Share price dropping, AS increasing. How is this not going to RS and wipe us out? They don't have enough profit to pay their expanses let alone employees. Revenue better come fast.
Why am I wrong?
How many business ventures does Rash have going?
I think one of the biggest questions for us existing shareholders is the share structure and if a reverse split is coming.
Are we helping to fund growth for future shareholders?
Investors don't believe the Prs, company selling shares.
1B to 2B now to 4B. SP going downhill. Signs of an RS.
Been in this over a year. Confidence in this company is at the lowest point. Hope I'm wrong.
When you search 2523 Bomar Avenue Dallas, TX 75235 you see a small 4000 sq. ft office building. There are 2-3 other companies listed. I don't know how old the information is but the first site has it as vacant.
IMO we will stay in this range and maybe run over a penny but nothing serious until the PURA dividend is issued, which we may hear more about next week; as well as revenue being produced by their various projects and products.
They need to show documented progress in the Cafe's; they need to tell us why they are growing hemp in China and not in Vermont, they need to tell us how the guy is doing in Georgia; this whole NFL connection is very shaky, I'm not buying what I've heard so far, they need to prove that it is actually happening.
I wonder what progress they have made in the past 5 months? Do they have the site? How about approvals and permits?
I wonder how the guy that has the rights in Georgia is doing? Does he have any sites picked out?
The company needs to put out something concrete.
Pete, I appreciate all the technical analysis but I'm more interested in:
What have they done with the share structure? Speculation is it has exploded.
What happened to the 1000 acres of hemp in Vermont?
Do they honestly think they can be successful growing hemp in China?
What is the status of the cafes?
How is the person doing in Georgia that has the rights to the cafes?
What is the status of the PURA dividend and how are the products coming along?
And the latest connection to the NFL?
So far to my knowledge not one of those things has been proven or verified as actually happening.
Or is this business as usual in the penny stock world, flip for a few bucks and move on.
IMO it's not going anywhere till revenue is shown on a Q that proves what they are saying is actually happening; as well as the dividend.
If those things happen the demand for shares will be huge and the SP will take off, unless they have diluted it to the point where they can't generate enough revenue to support the SS.
I'll add when I see an audited Q with way more than 420K in revenue, as they just said was going to happen. If I pay more so be it, at least it will be an investment in a company with proven revenue.
He responded to me a couple times with emails a few months ago. When I asked him about the SS, the dividend, the 1000 acres of hemp in Vermont that was the end of the responses. I've emailed him a couple times since, always with respect, no response. Tell him how great they are doing you might get an answer, ask a couple of harder questions and probably no response.
I've lost confidence in them. Not knowing any better my guess is the SS has increased dramatically. I hope I'm dead wrong but right now this is looking more and more like your typical penny stock: meaningless PRs to pump, dilution; and everyone knows whats next.
I would have probably held onto my shares but the reverse splits cut my shares down to 300.
SS must be almost through the roof. If they aren't maxed out I bet they are getting close.
After almost a year I wonder what the sales figures look like for DuBe in TX and KY?
Lets hope 2016 is a better year. Lots seem to be going on; but I have yet to see revenue from cafe's, hemp being grown, the PURA dividend....
The only thing that has happened for sure is the AS is now 2B and they sure give the appearance of dilution.
I guess we'll see if this is a real company or just another penny stock.
After buying an initial stake almost a year ago and adding to it a couple times a 4/5 months ago I haven't bought a single share since. Nothing they have said in PRs has made me want to buy any more.
Before I buy more I need to know what they done with the share structure. Being that they won't reveal makes me think its exploded. Maybe I'm wrong but why would they have increased the AS to 2B?
They also have ignored many requests to tell us about the 1000 acres of hemp in Vermont. By not talking about it I'm led to believe it never existed in the first place. And now they are talking about growing hemp in China. Slim and none chance of that working out..
The cafe's sound promising. Until they are built and are selling product and revenue from them is reported on a Q I won't buy shares.
PURA sounds interesting but I'm betting when and if the dividend happens it will be worth far under a penny.
I hope I'm wrong but this is looking more and more typical of the OTC.
I'll answer and thats it for me. He is reading these boards and doesn't like being called names, I guess thats why he called me.
I had a couple of cordial email exchanges with him a long time ago when I thought this had a chance. As soon as I asked him a couple questions he didn't like he blocked me.
I did a very dumb thing, I used my real name; and there must have been a "signature" with my phone number. I know- I know how could I have done that.
Like I said, the conversation made me think. I thought I was helping to get the word out to people that might be looking at this. Now I realize I was only aggravating myself and keeping the wound open, so I'm done doing that.
If people invest their money without doing the very basic of DD then that's their fault. The most basic DD here would tell you everything you need to know.
This will be my last post on this board. I just got a phone call from someone that identified himself as Steve Samblis. He must be monitoring these boards and reading what people are saying.
The brief conversation made me think.
I'm done being concerned with him. He is who he is, his record speaks for itself. Nothing any of us say will change a thing. Its not worth it, at least for me anymore. I'm tired of it.
So I'm done. Good luck to all of you.
Is he a flat out liar? Lets see, let me count the ways; and I know you and everyone else can add to the list of times he has either tried to stretch the truth of flat out lied to sell shares.
But give the scum credit, he has figured out how to do it.
Lots of red flags.
AS was 1B now its 2B. Why?
1000 acres of hemp?
Patents?
Dividend?
Notes in default?
What happened to the 1000 acres of hemp? No answer from the company, they didn't respond to emails. That tells me it never was???
I'm sorry and I hope I'm dead wrong but this is acting more and more like a typical 000 company. Lots of red flags, too many to ignore. All those notes in default, what about the 1000 acres of hemp, patents, share count going up without revenue to support it probably heading for the dreaded RS, the dividend question and what will it be worth; just too many questions.
I hope I'm wrong
Unanswered questions and issues continue to pile up.
Nothing, I'm asking.
How do you know that?
And they won't address the share structure/dilution, PURA distribution, 1000 acres of hemp either. If there was nothing to hide and not wanting investors to know the truth they would be bragging about those things instead of staying silent.
I don't think his is a name we want to see associated with USMJ. I don't think he has the best reputation.
I see where James Tilton is listed as a consultant. I wonder what type of connection he actually has to USMJ?
B was wrong, SS isn't stupid. He has figured out a way to lie and cheat his way to an income by scamming investors. I don't believe he has ever been above board. His troubles go back to "98 and probably before that.
He has figured out a way to take money from investors and use it to create revenue that doesn't go to these investors. I don't know how he does it but its obvious he has done it.
Give him credit, he hasn't been caught yet. Amazing.
Emailed the following to Mike, he occasionally responds. Lets see if he does this time. Thought maybe we were on to something but it's sure looking bad.
------------------
I'm sure you get many emails. This will be my last one to you.
As the share price has fallen USMJ has just about lost all credibility.
1. Share structure/dilution.
2. 1000 acres of hemp.
3. PURA share distribution.
If you want to get credibility back these 3 things need answered. If they are not then I guess what your investors are saying is correct.
Your response or lack of one will go a long way in making up my mind.
-------------------
Are we surprised? Nothing he does surprises me. His entire "career" has involving lying to and deceiving investors. He is good at it and he seems to know how to do to stay just inside of the legal lines.
You're right there is some very cool stuff here. Glad you asked about what I would do if I was Mr Rash.
The first thing I would do if I had nothing to hide would be to disclose the share structure and put any talk about a reverse split to rest.
2. I would discuss the 1000 acres of hemp. What happened with that?
3. I would discuss the patents.
4. I would answer the question about why USMJ isn't mentioned in what appears to be my current profile on Linked In.
5. I would get the latest information about the PURA share distribution. Its currently trading at .065. What is going to happen to the share price when and if it ever goes through. 1.1M of my shares qualify for the distribution. I can't believe they will come to me at that price.
If I was truly building a business and not a house of cards I would answer the above with verifiable facts.
But I don't believe he will because more and more this is looking like a house of cards.
I hope you are all right about Mr Rash.
Everything from halting trading to .15 share price.
The red flags keep piling up for me:
What is the share structure?
1000 acres of hemp?
Debt?
Rash and Linked In profile?
Revenues?
I just looked at that. That is very strange that USMJ is not even mentioned and the latest entry looks current. Oct 2011 to present, 4 years 2 months.
It would seem to me that all the USMJ news that has come out that his name is associated with he would be singing the companies praises and listing what he has done.
I'm trying real hard to believe in them but they aren't making it easy.
He has said a bunch of things that never happened. Revenue produced for investors: 0.
He is bottom of the barrel.