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So you guessed at the 15% in the statement: "Down nearly 15% over 30 days ... trend is heading back to penny"?
"Chart" was implied by your statement. How else do you know there is a "trend" with price and volume?
You didn't use the word "chart" but...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143952137
Down nearly 15% over 30 days ... trend is heading back to penny ...
Why do you say it was a "high price"?
What equipment came with the deal?
What is that equipment worth?
How big is the customer list and what is it worth?
Yes I know they are not licensed to test YET. As I posted about that also showing the 3 companies that are currently licensed.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143639361
I am only posting information related to yours and others posts. Read it however you want. I don't care. I am only filling in the blanks of other posts.
Go buy other stocks that you did not research well enough and bitch on their boards. You keep making statement about unknown information and if you would actually look you would find your own answers.
What You Need To Know About Recreational Marijuana In Mass.
http://www.wbur.org/news/2018/06/25/recreational-marijuana-massachusetts-faq
June 25, 2018: The marijuana industry in Massachusetts will hit a major milestone Sunday, as recreational sales of cannabis become legal.
Give it time, recreational is where the money is at and that started just before the last 10-Q.
Southborough Town Meeting bans recreational pot
https://www.metrowestdailynews.com/news/20170429/southborough-town-meeting-bans-recreational-pot
Signal Bay Enters into Definitive Agreement to Acquire Viridis Analytics MA, LLC
https://globenewswire.com/news-release/2017/07/27/1063432/0/en/Signal-Bay-Enters-into-Definitive-Agreement-to-Acquire-Viridis-Analytics-MA-LLC.html
CEO Mr. William Waldrop stated, "We are excited to complete the acquisition initially announced last month.
Ban: about Apr 29, 2017
Lab Announced: June ??, 2017
Lab Agreement: July 31, 2017
Lab Acquired: August 2017 (from 10-K)
I am not sure when they started the talks, but the BAN was at most 60 days before the initial purchase announcement.
Bad timing I guess. Not worried about the move. They are doing what they need to do to correct the issue.
I am not sure, but from the PR I would guess is they saw that they needed a bigger space to capture more of the market. So they could have bought another lab and built it up or they get a bigger space and move all that expensive equipment they already have.
I really don't know why, but as long as they can get recertified quickly it should be fine. More testing = more money, so the moving expense could be offset pretty quickly.
Just a WAG on my part.
I hit Submit to quickly...
3 labs can test and yes EVIO is not one of them currenly:
https://www.mass.gov/service-details/medical-use-of-marijuana-program-product-testing
Massachusetts regulators could OK first recreational cannabis testing labs this month:
https://mjbizdaily.com/massachusetts-cannabis-regulators-could-ok-first-rec-testing-labs-this-month/
"BEND, Ore., Aug. 2, 2018 /PRNewswire/ -- EVIO Inc... announced today that its Massachusetts laboratory has attained ISO/IEC 17025 accreditation from American Association for Laboratory Accreditation (A2LA). ISO 17025 accreditation is mandatory in Massachusetts for all independent testing laboratories"
https://www.prnewswire.com/news-releases/evio...90862.html
Please explain how they could be doing these claims:
"shareholders being robbed again" - How?
"Had to channel funds as much as possible" - What funds?
"sellng through subsidiary run by same executive of sfor in same office , same desk im sure" - So saving money is bad? SFOR shareholders still own 49% of the subsidiary.
Very compelling. I will keep an eye out for references to other supporting information. Is a nice scenario if correct.
I am already buying all the shares that I can (within reason) so this does not help my position, but it doesn't hurt it at all.
Note: I do remember this meeting mentioned a long time ago. That is the only reason I actually researched it again.
Just wondering, why did you start this thread today? You mentioned it a while ago, but why today to bring it up again? I am pretty sure I know why, but the reason was not mentioned in your first post.
This was confusing:
July 19, 2018: Emerald Health Therapeutics Completes Full Acquisition of Abattis Bioceuticals Corp
Jun 12, 2018: Aurora Cannabis to Acquire Cannabis Science Leader Anandia Laboratories Inc.
Aurora was founded in 2013 by Terry Booth, Steve Dobler, Dale Lesak and Chris Mayerson
I hope it is Aurora Cannabis since:Coke's interest was first reported by Bloomberg, which said the company was in talks with Aurora Cannabis
Speculation: Spill over testing deal OR they were just talking shop and relaxing?
"Emerald Health Therapeutics" or "Aurora Cannabis Inc"? I see a "Terry Booth" part of Aurora Cannabis Inc.
Are you thinking there is something between EVIO and Aurora Cannabis Inc? Emerald Health Therapeutics seems to be a direct competitor of Aurora Cannabis Inc.
Billions? Where do you get that from?
Insiders have claims on billions of preferred shares
Speaking of PRs. Did they dump that $5k a month PR firm? I have not seen anything from them in awhile. I hope they did. Always seemed like a waste of money.
These guys: https://www.networknewswire.com/?s=EVIO
I don't need to call. I rely on 8Ks, 10Ks. and 10Qs for information from EVIO.
For CA labs, 2 are up and 2 are being built out. When done he will let us know. Same for MA, when it is done he will let us know.
Until that time just consider them NOT DONE.
He cannot discuss sales unless ALL investors are notified at the same time, like with an 8K or in the 10K/Q. If you don't see those then just assume nothing major has changed.
Because he looked tired on a Skype interview you are going with "he is avoiding us" and Lori is now running the show?
Lori is really a Russian spy and cannabis testing an illegal plot to stop the Martians from being discovered in the government?
See, I can make up stuff with nothing to back it up also.
I hope this makes it way through and it passes. Free Pacer would be awesome.
https://arstechnica.com/tech-policy/2018/09/new-bill-would-finally-tear-down-federal-judiciarys-ridiculous-paywall/
I don't know, but figuring out a reason now is not the goal. Why did pick 27 when you originally posted? Part of your street address? Your lucky number? Bike tire size? Just a completely random number to make your words sound important by using a "statistic"?
But why that number exactly? Is that your age?
Where do you get 27% from? Seems like an odd percentage to give. Why not 25% or 33% or even 23.81%?
Thank you for your contribution to the conversation. Absolutely None.
I started investing in July of 2016. I have been in the IT industry for 30 years and had a rollover IRA that I cant cash out for another 7 years without a 10% penalty. It was just sitting and only earning 6% to 8% a year and thought I would see what I could do with it. I am still learning how to invest, but I have learned how to research and weed cut most of the misinformation and get to what is actual happening.
If you look at my post history you can see when I started. There is even a post about who I am early on.
This is for impulsive speculators who don't know enough to leave. Like gambling addicts who chase a bad choice with more bets.
SISSYJANE1, Yes I know this and I have never said otherwise.
BAFFIC....SFOR has never ever made money and shown a profit..thats a fact,any other assumption is FAKE NEWS.
First, I am 53 years old. I am not a kid (except at heart). But call me whatever you want, I don't care.
You don't like ceos that pr everything. Hmmm. You wont have that problem here.
I was a cheerleader based on the opportunity and what made sense. But the results are far apart from expectations
One day that Santa is going to come down that chimney and give you a PR that will make your day.
You verify/confirm when the 10-Ks and 10-Qs come out. In the mean time, you can only speculate on what they will be from the PRs and 8Ks that have been released. Look at EVIOs forward looking statements, look at his interviews, look at industry news. Put it ALL together and compare them to the financials. If they match then invest to what you find and believe. If they don't match; file a complaint with the SEC, sue EVIO, email WW, sell your shares, ask questions on a message boards for other's perspectives, or just deal with it.
I frankly don't like CEOs that PR EVERYTHING. PRs are general heads up information or promotion to pump up a stock.
I like CEOs that state their official plan in legal documents and then only 8K when the plan changes.
For instance. A CA law was changed restricting the transport of cannabis between labs. In response the number of forecasted labs changed from 8 to 4 (number might be off). So instead of 2 main labs and 6 "spokes" they are going to do 4 main labs. Not a huge thing, but it shows they can think ahead and be flexible when needed.
And please do not buy a stock only based on what you read on a message board. Please look at what is posted and verify it yourself, ask for links to the DD if you need. If the person refuses to post it, don't believe them or prove them correct or incorrect with your own DD and links so others can see OR keep it to yourself if you want to be greedy
So with the previous post in mind. What effect could these kinds of stories have on the testing industry and EVIO (short and long term)?
https://www.rdmag.com/news/2018/09/many-california-marijuana-products-failing-safety-tests
Are people getting sick?
We people buy more products that HAVE been tested?
Will that buying increase drive up the amount of tested?
Are there enough testing labs to handle that load?
Would buying and building out new locations be wise at this time?
Is diluting a little now going to pay off big time down the road?
How will that affect the stock?
Those are the questions you should be asking yourself. Then invest to what you believe will happen.
If you would read the financials and compare it to the news, you would understand this stock.
For instance....
And uh the California revenue is uh nowhere uh that I've seen
Effective January 1, 2018, the state of California started to require mandatory compliance testing. However, the state of California not begun to enforce this mandatory requirement. Enforcement was expected to initiate on July 1, 2018. However, the Company expects that the state of California will start to enforce the mandated compliance testing for all cannabis products sold no sooner than December 31, 2018. Until compliance testing is required and enforced by the state of California for all cannabis sold or distributed, the Company expects its revenues in its California locations to remain fairly consistent between periods.
You need to pay attention to what i am replying to.
The quote that i was responding to was "Every time they make money and come across an opportunity make more money with that money". "Every time" implies they have made money on more than one occation. Yet you have also argued that they have never made money. You can't have it both ways. So pick a position and stick with it. Contradicting yourself is BAD DD.
So, Did you mean "The one time they made money" or "Every time they make money"?
And that is your right.
The same as I have the right to see the potential in SFOR and I am willing to risk all of what I have invested into this company.
To each their own
They paid off debt. That helps the shareholders correct?
"Suing others to generate “income” is a terrible business plan"
- Then you don't understand their plan. They are suing get the money they are due to them from infringers. In addition, they are trying to sell their products and services including the BlockSafe subsidiary. As long as they keep trying I am ok with their "business plan".
So the $9.7 settlement does not count in your view as income?
The only BIG mistake they made was assuming that after the MS settlement the others would be easier. They were wrong and a bad ruling in CA (IMHO) pushed the other lawsuits out farther than expected. Notice they did not get increases until after the MS settlement.
Believe or don't. I don't care.
So I did the math. Since 2012 to 2017 with the numbers from the 10Ks (EXECUTIVE COMPENSATION), they have averaged 8.44% in raises per year.
Raises for Waller, Kay, and Ram total % per year.
2012 increase of 9.66% over 2011
2013 increase of 0.00% over 2012
2014 increase of 0.00% over 2013
2015 increase of 5.50% over 2014
2016 increase of 28.81% over 2015
2017 increase of 18.82% over 2016
Kay: 2011 = $88,466.00 ; 2017 = $180,000.00
Waller: 2011 = $88,466.00 ; 2017 = $180,000.00
Ram: 2011 = $88,466.00 ; 2017 = $180,000.00
Only in 2015 did Kay make less than the other two. Otherwise they received the same pay.
I am fine with those numbers. So prior to 2016, I would not have considered them "doing very well for themselves". It is a little high now (should be closer to $150k), but not so much that I have a concern.
Yes, the OOB patent has a much greater chance at generating revenue than the keyboard encryption. But since SFOR can use both, selling the keyboard encryption does not matter.
from a revenues point of view ... neither have been so great
I know where it is and I know the numbers (which I am fine with). He made the claim and should support his own claim with actual DD instead of the "Do your own DD" crap. Same applies to everyone claiming any DD good or bad.
And SFOR is keeping the better patent for OOB authentication and can use the Keyboard Encryption patent in SFOR's products.
So we will not get royalties from licensing of the keyboard encryption AFTER ACS buys the patent. Not sure what issue you have with the arrangement.
As far as their pay increase. How about posting the numbers and percentages so we can all see this grave injustice you are claiming against the shareholders.
Last I check they are $-12,098,446 in the hole.
https://ih.advfn.com/p.php?pid=nmona&article=78090230
Keystroke Encryption will be sold to ACS if they pay us $9m by Sept 2020. But I assume they will have to make that money on sales of the product which means we also get a cut of that. So in the long run the $9m is the minimum we will get from them. SFOR can also use the technology in their product forever. So CryptoDefender can and will use the patent IP.
"theyve been operating as a dead company with zero profits all along" - ok, then how are they doing that? Please explain.
"Real dd" - oh, like someone's resume? You still have not shown that Horton has ANY ties with SFOR from any legal documents.
https://www.inc.com/jt-odonnell/staggering-85-of-job-applicants-lying-on-resumes-.html
"85 Percent of Job Applicants Lie on Resumes."
If there were no lawsuits SFOR would be dead. If there were no patents SFOR would be dead.
But they have lawsuits and they have patents and they have products, so we are at where we are at. SFOR has been trying to get a foot hold in the market for 17 years and the fact that they are still alive and trying tells me they are not quitters. Yes, the management has paid themselves, but they have also loaned some of that money back to SFOR with no guarantee they would be paid back.
As far as the products go, GuardedID works and they have been updating it. So they are not just sitting there with a static product, they are actively working on improving it.
Every time they make money and come across an opportunity make more money with that money
Any time the PPS makes a significant move it’s based on the lawsuits alone. You can not deny that.
In the same way that "I’m not going to come out and say “I screwed up …"" the Entrust lawyers could have also claim a bigger victory than it was.
I am going to see if I can track down the actual terms of the settlements. I have no idea if I can get that information.
My only issue is jumping from what was actually said to "patent troll". In my eyes, there is nothing wrong with patent trolls in general. It is completely legal. But most people see that term and assume the company does not have any products and just want to make a quick buck. SFOR has patents and products and want to have people pay for the use of their IP.