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I see blue skies too:
A market cap of 159.30 mln
90.51 mln shares outstanding
Could double within a month!!!!!!!!!!!
"I think it's time to make hemp legal," Senate Majority Leader Mitch McConnell (R-KY) said in a one-on-one interview.
http://www.wilx.com/content/news/484297251.html
Next week???
WOW!!!
3-years high of $ 1.50 coming close.
Q4 2017 and 2017 Full Year - Operating Highlights
Record Q1 2018 Sales of $8,071,000, an increase of 114% compared to Q1 2017
Record Q1 2018 Gross Profit of $5,562,000, an increase of 129% compared to Q1 2017
Record Q1 2018 GAAP Net Income of $619,000, an improvement of $4,404,000 when compared to Q1 2017
Record Q1 2018 Cash Flow from Operations of $1,654,000, an improvement of $1,628,000 when compared to Q1 2017
Record Q1 2018 Adjusted EBITDA of $1,822,000, an improvement of $2,012,000 when compared to Q1 2017
Increased Retail Channel Distribution to 1,771 Stores as of March 31, 2018, an increase of 14% compared to three months ago at December 31, 2017
Continued Progress in Drug Development Division including preclinical progress with CVSI-007, the Company’s patent pending synthetic-based cannabidiol, which will be co-administered with nicotine to provide treatment options for smokeless tobacco use and addiction, currently a multibillion market with no currently FDA-approved drugs available to help patients.
We are off to a strong start for 2018, delivering record financial performance on all of our key metrics including triple digit year-over-year revenue growth and double-digit sales growth on a sequential quarterly comparison. Our operating performance is driven by a combination of core revenue growth, strong demand for our products, and a market that is still in its infancy stages.
Joseph Dowling, CFO of CV Sciences
And so are the available shares of VATE.
https://www.ldmicro.com/profile/vate/time-and-sales
The shares are hard to get.
+ 143,48 %
This is the % increase in reviews in april 2018 vs april 2017
https://untappd.com/b/sleeping-giant-major-hemp/1950106
https://untappd.com/b/major-hemp-brown-ale/2167472
https://untappd.com/b/sleeping-giant-brewing-co-contract-major-hemp/1979163
Sloan's Lake Tap & Burger
Most popular beers:
https://untappd.com/v/sloans-lake-tap-burger/5314455/beers
MHBA on top
Hmmm, institutions buying in?
MHBA sold pretty good at the Hop Grenade.
https://www.hopgrenadefoco.com/beer/
They have also The Hemperor on the list.
MHBA is selling better.
The keg is almost empty.
Great to see the amount of reviews are growing!!!!
April 2017 we had 23 reviews on the reviewsites
We have already crushed that number this month.
With a high %.
Stock price will follow.
Can't wait till the cans come to market.
Nice to see the list is getting longer and longer.
What about the keg of MHBA at The Hop Grenade
https://www.hopgrenadefoco.com/beer/
A few more days to go and it's empty.
It's selling faster than the Hemperor.
And we have a higher rating too!!!!
Agree 100%
This is the top selling beer.
Contract news will send this higher.
Let the reviews speak.
"The game has changed pretty suddenly. We have been receiving numerous inquiries from a variety of breweries located in different parts of the country and are presently evaluating a series of offers. Our goal has always been to build a national brand so it is important that we form partnerships with breweries and distributors that can get Major Hemp Brown Ale to consumers throughout the US. We are in late discussion phases with partners in three states that will help expand our market significantly," commented Ted Jorgensen, President of wholly owned subsidiary Major Hemp.
MHBA sold pretty good at the Hop Grenade.
https://www.hopgrenadefoco.com/beer/
They have also The Hemperor on the list.
Guess which beer is selling better?
Tew is now playing the crypto card.
Wow!!!! a lot of satisfied customers. Nice to see.
The only thing boomy here is Tew's salary.
It is $ 113 revenue for this 1 man company in the whole year of 2017.
So $ 9,42 monthly revenue.
From the filing:
"Effective July 1, 2017, Michael Tew resigned as our chief executive officer, chief financial officer, and corporate secretary, his employment agreement was terminated, and he entered into a consulting agreement and a separation and mutual release agreement with us. Mr. Tew continued to serve as a director. In connection therewith, we issued to Mr. Tew a promissory note in the amount of $44,380 for his past-due compensation and severance. The note was paid in full on September 11, 2017. During the fiscal year 2017, we paid the following to Mr. Tew: $84,000 salary, $28,000 severance, $20,000 consulting fees, $22,174 compensation expense, $10,000 advertising expense, $3,600 medical, plus $10,000 to Kimberley Tew, his wife, for a total of $177,774. This total, along with unpaid salary of $50,930 for the prior year, were fully paid during year 2017.
On December 29, 2017, we entered into an executive employment agreement with Michael A. Tew to reengage his services as chief executive officer and chief financial officer for a term of one year, with automatic renewal for successive one-year terms at each anniversary date, unless terminated. Mr. Tew’s annual base salary is $120,000. Mr. Tew continues to serve on our board of directors."
So he is paying himself $297774 in 2 years.
Time for a cold pint of Major Hemp Brown Ale.
Best hemp beer there is!
The amount of MHBA reviews 2nd qtr. 2017:
April 2017: 23 reviews
May 2017 : 46 reviews
Juni 2018 : 24 reviews
Today 4/21/2018 we already have 19 reviews in April
Numbers should speak.
Congrats Ted and Syman:
You have brewed the best tasting hemp beer of all:
Major Hemp Brown Ale with a rating of 3.66
https://untappd.com/b/sleeping-giant-major-hemp/1950106
vs The Hemperor with a rating of 3.65
https://untappd.com/b/new-belgium-brewing-company-the-hemperor-hpa/2536441
vs Humboldt Brown Hemp Ale with a rating of 3.48
https://untappd.com/b/humboldt-brewing-company-humboldt-brown-hemp-ale/13947
Sales increased 60.8% to $99.7 million from $62.0 million for the same period last year.
APRIL 18, 2018 - 5:00 AM PDT
Meritage Reports First Quarter 2018 Results; Record Growth
GRAND RAPIDS, Mich., April 18, 2018 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX:MHGU), one of the nation’s premier restaurant operators, today reported financial results for the first quarter ended April 1, 2018.
2018 First Quarter Highlights
Sales increased 60.8% to $99.7 million from $62.0 million for the same period last year.
Earnings from Operations increased 22.9% to $4.2 million compared to $3.4 million for the same period last year. The first quarter 2018 included a one-time charge increase of $745,000 related to pre-opening and acquisition costs.
Net Income was $1.4 million compared to $1.9 million for the same period last year.
Consolidated EBITDA (a non-GAAP measure) increased 32.8% to $7.0 million compared to $5.3 million for the same period last year.
Common stock dividends issued during the first quarter increased 100% over the same period last year.
“The first quarter of 2018 was quite eventful, completing four acquisitions, along with the subsequent integration of 56 Wendy’s located across four states and the opening of seven newly built or renovated restaurants. Our operating teams performed exceptionally well integrating all of these new locations into our operating platform, which resulted in first quarter record sales of nearly $100 million. We plan to accelerate our investment spending in 2018 with a goal of 32 additional reimaged and newly built Wendy’s restaurants. Our new and newly renovated Wendy’s restaurants continue to out-perform, positioning the Company for transformational sales and earnings growth ahead,” stated Robert E. Schermer, Jr., the Company’s CEO.
Full-Year Outlook: Strong Sales & Earnings Growth Ahead
Sales growth of +40% to 50%
Earnings from Operations growth of +55% to 65%
Net Earnings growth of +40% to 50%
EBITDA growth of +40% to 50%
Common stock dividend growth +50% to 100%
Meritage continues to distinguish itself as a leader and innovator in the quick service restaurant segment, striving for best in class results through a performance based culture committed to operational excellence, strategic acquisitions and real estate development.
Nice, the list is growing fast:
New locations serving Major Hemp Brown Ale:
5280 Burger Bar
500 16th Street
Denver, CO 80202
http://www.5280burgerbar.com/
Chili Verde
2311 Federal Blvd
Denver, CO 80211
https://www.chiliverdedenver.com/
Growler USA
11405 E Briarwood Ave #100
Centennial, CO, 80112
https://growlerusa.com/craft-beer-pubs/co-centennial-lima/
Henry's Tavern
500 16th Street Unit 184B
Denver, CO 80202
https://henrystavern.com/?c=denver
Kline's Beer Hall
7519 Grandview Ave.
Arvada, CO 80002
http://www.klinesbeerhall.com/
Mellow Mushroom
1201 16th Street Suite 108
Denver, CO 80202
https://mellowmushroom.com/…/co-denver-1201-16th-street-su…/
Rory's Tavern
404 Broadway
Denver, CO 80203
http://www.rorystavern.com/
The Hop Grenada
347 E. Foothills Pwky, #120
Fort Collins, CO 80525
http://www.thehopgrenade.com/
The Hornet Restaurant
76 Broadway St
Denver, CO 80203
http://hornetrestaurant.com/…
The newest location is on tap:
https://untappd.com/b/major-hemp-brown-ale/2167472
3 months high today
6 month high next week
52 week high 4/20/18
A real emerging growth company!!!!!
$ 113 revenue
$ 212.770 salaries
2,538,251,030 shares
$5,190,298 other expense
$6,124,706 net loss
but still trading at 0.0004
and what about this:
During fiscal year 2017, we paid the following to Mr. Tew: salary of $84,000, severance of $28,000, consulting fees of $20,000, compensation expense of $22,174, advertising expense of $10,000, medical of $3,600, plus $10,000 to Kimberley Tew, his wife, which aggregate $177,774. In addition, we paid unpaid salary of $50,930 for the prior year in full during fiscal year 2017.
Nice DD on the ground. Thank you for that.
Quote:
The art of investing in small companies is evaluating management teams. If you don’t believe that management is important when investing in small companies like microcaps, just wait a little longer. You will.
Looking close: The Hemperor with a rating of 3.69
https://untappd.com/b/new-belgium-brewing-company-the-hemperor-hpa/2536441
vs our Major Hemp Brown Ale with a rating of 3.66
https://untappd.com/b/sleeping-giant-major-hemp/1950106
Yes, the taste is getting better and better.
Last year SIPC released its 1st qtr. numbers on 05/16/17.
Don't forget the Brown Ale ratings:
https://untappd.com/b/major-hemp-brown-ale/2167472
Looking forward to photo's of the next produktion run, MHBA 003, with pallets of cans included. Go Ted.
"Sipp Industries’ wholly-owned subsidiary, Major Hemp, is working diligently with distributing partner Colorado Craft Distributors to coordinate reorder fulfillment. The Company also confirms a growing number of new customers requesting samples of Major Hemp Brown Ale for the upcoming 4/20 events throughout the state of Colorado."
By the way, Q1 numbers could be a catalyst too.
20/4 and hemp legalization are the biggest catalysts this month!!!!
17.09 and the first beautyful spring day in this country this year.
Looks Like Old Chicago is the first big fish.
Sleeping Giant and SIPC are a Great team.
New on tap: Old Chicaco Aurora
https://oldchicago.com/locations/aurora
MAJOR HEMPS BROWN ALE W/ HEMP #1304
Sleeping Giant | BROWN ALE | 5.8%