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imho ,bill just another piece of genius in penny land full of great opportunities....
you all are watching bill making us potential tons of money while having everything solid ....
bill imho runs one hell of a great company ..
Unbelievable how anyone could think differently...ignorance at it’s finest here folks! LOL
Yeah, that’s how it works with a startup..LOL... lots of expenses to offset the income...better to show a loss if possible...ignorance at it’s finest of course....
WoW, someone is reaching LOL
It appears most have continued with LVVV and this board. Now we will see the massive jump soon. Then grow into higher value territory. The buyers at this level have interest in long term. They will be looking for a further bounce to increase holdings . Classic long term stock
Yeah man, Im hoping sometime this spring! Wanna check out the nursery.. maybe a run down to coachella too.. Hope all is well your way brother!
LiveWire Ergogenics Releases Letter to Shareholders
Outlook 2020
Anaheim, CA – February 20, 2020 - LiveWire Ergogenics Inc. (OTC: LVVV), a company focused on acquiring special purpose real estate properties conducive to discovering and developing cannabinoid products for the health and wellness industry to improve life performance, today released a letter to shareholders.
Dear Shareholders,
I trust that most of you have experienced or at least observed that the past year has been a difficult year for most cannabis companies and cannabis stocks in general under performed. In contrast, the majority of leading industry analysts believes that 2020 should lead to significant growth in total cannabis sales and present investors with a clean slate to new beginnings in the marijuana industry. Diligent and disciplined investors will be presented with an exciting second opportunity to benefit from one of the fastest growing markets for any industry in the last decade and reap the benefits that lie ahead.
· Green Light for Legalization
· Doing it Right
· Legal and Environmental Compliance
· Estrella Ranch “Estate Grown Weedery”
· Strategic Alliance with QDG Agricultural
· Sate of the Art Cultivation with Proven Results
· Financial Responsibility
· Legal Win
· Here is what we focused on in 2019
· Outlook to 2020
· Final Word
Reports by Arcview and BDS point to 10 states in the U.S. each expected to surpass $500 Million in legal cannabis sales by 2020. California, with $3.6 Billion in projected annual sales, represents the largest market by far in the US, nearly the combined projected annual sales of Colorado ($1.7B), Michigan ($1.21B) and Florida ($1.2B) for 2020, and is at the forefront of the push for accelerating nationwide legalization.
Green Light for Legalization
At LiveWire, we believe that well managed US companies producing unique and high-quality products via legal operations will be able to take advantage of the rapidly growing demand in the industry and deliver significant and consistently improving returns to investors in the years ahead. Despite the turmoil last year, this is still the same fast-growing cannabis industry selling billions of dollars of product annually in the black market, a multiple of the legal sales. It is not unrealistic to expect these sales to steadily transition to legal channels over time, as an increasing number of consumers insist on organically grown and thoroughly tested products from reliable sources. This transition will accelerate with rules, regulations and unreasonably high taxes adjusting to the industry’s new realities and with more states giving weed the green light to legalization.
Today, there are 10 states which have legalized adult-use, another 19 which allow for medical use, and six more which allow the use of CBD products only.
Doing it Right
While many public cannabis companies struggled during 2019, many of them requiring large investments to establish questionable operations, for LiveWire, the last year has been intensely focused on “doing it right”. As public acceptance and legalization of cannabis in the US and especially in California is consistently improving, the industry in general is continuing to mature. The questionable operators that have rushed into the market with semi-legal operations and expectations of large, easy and quick returns are now being faced with the realities typical for most emerging and aggressively growing new markets. These companies now being weeded out will make room for well managed operations with unique positioning and products and a competitive and sustainable business model that will produce solid returns for its shareholders in a large market ready for the taking.
Legal and Environmental Compliance
At LiveWire, we never expected “easy and quick” and accordingly, during the last year, we have been absolutely focused on “doing it right”. In the cannabis industry that means going through a complex and costly process of legal and environmental research and government compliance on the local and State level, strictly following these guidelines and to operate environmentally responsible. Vertical integration with disquisition maximizes profits and allows for complete and strict logistical and product quality control. Only the companies consequently operating this way will be able to generate increasing revenues and profits.
Estrella Ranch “Estate Grown Weedery”
The LiveWire business model is built on the principle of acquiring special purpose real estate properties conducive to discovering and developing cannabinoid products for the health and wellness industry to improve life performance.
Strictly following these principles, we have acquired (through our subsidiary Estrella Ranch Partners, LLC) the LiveWire “Estate Grown Weedery” in Paso Robles in the middle of the most beautiful wine country in California. We are in the advanced stage of establishing Estrella Ranch as our main hub to run all LiveWire operations from. This represents the most significant milestone on our path to a fully vertically integrated operation.
The Estrella Ranch location provides us with the ultimate micro-climate for operating a “tractor-less” operation, producing the highest quality organic and hand-crafted outdoor product in the country all year round under economically advantageous conditions.
Real Estate Ownership is Crucial
We consider “owning the real estate” and going through the elaborate process of acquiring all required permits for the operation of our Weedery, a crucial part of establishing a profitable and sustainable cannabis business that can produce significant return of investment in a competitive environment for years to come. Our business application allowing the production of cannabis products on the Ranch has been submitted to the same authority we have already received our Minor Use Permit for our nursery location adjacent to the Ranch from. We expect to receive the final permit soon. Further discussions for supplemental business projects on the Ranch are already in discussion with the relevant local and State authorities.
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Strategic Alliance with QDG Agricultural
At the core of our vertically integrated Weedery business model for high-quality handcrafted products, is the effort to enter carefully selected strategic alliances and seek the cooperation of the most experienced operators in the cannabis industry to accelerate development and revenue generation at the Paso Robles Weedery. After carefully vetting several potential partners we have entered into the first definitive Agreement with an experienced agricultural company and highly specialized cannabis grower, QDG Agricultural. QDG has begun to design, construct and manage all necessary build outs required for phase one of a self-sustained scalable growth operation within the constraints of our Estrella Weedery operations. QDG will produce marketable cannabis strains as allowed per California Laws under a unique profit-sharing model between the parties involved. LiveWire will manage the real estate, complete all permitting processes and obtain and maintain (through its subsidiaries) all operating permits.
Sate of the Art Cultivation with Proven Results
QDG is an agriculturally based company that specializes in state-of-the-art cannabis cultivation practices backed by academia and proven results and with a long track record of success. QDG uses a propriety premium soil blend that is 100% organic living soil. This blend uses 60% less water. 50% less fertilizer and ZERO (0) toxic pesticides, creating an ultra-efficient regenerative plant environment in strict compliance with the rules that LiveWire has established for all operators on the Ranch. QDG uses state of the art technology and science executed by a team of professionals with 20 years of experience. The QDG system is proven to be cost effective and easily scalable, representing 100% organic "tractor-less farming”. QDG is comprised of a and highly experienced group of experts and represents the ideal partner to get our Estrella Weedery operation off the ground successfully.
With the demand for pure, organically grown and thoroughly tested cannabis products growing rapidly, we anticipate the handcrafted product that will be grown at our California Ranch to become the most sought-after premium cannabis in the industry. With the ODG partnership our vision of an “Estate Grown Weedery” producing the finest handcrafted and family branded cannabis in California is beginning to clearly emerge. Based on current market conditions, considering approval of licenses and a successful “proof of concept” during phase 1, this property could generate over $25 million a year with revenues to increase once operating at full cultivation capacity
Financial Responsibility
We believe that operating under a very strict financial regime, by tightly controlling operating expenses and maintaining a low debt burden, is critical for a public company in the cannabis sector to succeed. Accordingly, we operate with a small management team and several consultants focused on the different sections of our business plan, outsource services whenever it makes business sense and enter strategic alliances whenever possible and beneficial.
Our Weedery is a large, 256-acre property that provides us with the unique opportunity to implement our business model with different, carefully vetted high-quality producers that generate revenue and share operating expenses. At the same time, we maintain ownership of the property and all licenses. We believe this to be a prudent approach that will allow us to implement our ambitious plan without requiring large amounts of investment that would create unreasonable shareholder dilution. We are positioning LiveWire to reap maximum benefits from the slowly emerging turnaround of the industry in general.
Legal Win
In the Company’s only current litigation, American E Group LLC v. Livewire, the United States District Court for the Southern District of New York issued an order that granted Livewire Ergogenics Inc’s (“Livewire”) motion to dismiss all of Plaintiff American E Group’s (“AEG”) claims against Livewire. The Court also denied AEG any attempt to reassert its claims because any attempt to do so would be “futile.” The Court held that AEG’s loan to Livewire was criminally usurious, and therefore, void under New York law. Livewire’s counterclaims against AEG for aiding and abetting breach of fiduciary duty, breach of implied covenant of good faith and fair dealing and civil conspiracy are still pending.
Livewire is represented in this lawsuit by Ryan J. Whalen of Gusrae Kaplan Nusbaum PLLC in New York.
Here is what we focused on in 2019
1. Acquired 265-acre Estrella Ranch “Weedery” property in Paso Robles, California
2. Received cultivation/nursery and statewide distribution license for nursery in Coachella, California
3. Received local jurisdiction approval for a nursery in Paso Robles, California
4. Received Annual CA State distribution license from the California Bureau of Cannabis Control
5. Began operation of distribution division for the distribution of cannabis products throughout
California
6. Completed research reports and submitted application for Estrella Ranch Permit (Weedery)
7. Began negotiations for agreements with select third-party operators on Estrella Ranch
8. Engaged research teams with highly recognized athletes and published experts to commence with
research to explore the application of cannabinoid products for human and equine applications.
9. Explored potential acquisition targets and strategic alliances
10. Entered into first definite Agreement for lead operator on Estrella Ranch
11. Reported positive Net Income for the 6 months ending September 2019
12. Prepared financial statements for audits and began OTCQB up-listing process
Outlook to 2020
1. Entered into definitive agreement with experienced grower QDG Agricultural to design,
construct and manage Phase-1 of a self-sustained scalable grow facility at Estrella Ranch
2. Continue implementation of vertically integrated company business model
3. Continue to integrate auxiliary LiveWire operations on Estrella Ranch as the Central Operation
Hub for all operations and subsidiaries
4. Establish Estrella Ranch “Estate Grown Weedery” as the leading “hand-crafted” Nationwide
family cannabis brand.
5. Receive approval of submitted application for Estrella Ranch operational permit.
6. Expand distribution network throughout California
7. Expand the proprietary “7X Pure Compliance & Dosage Verification System” testing system, add
QR Code implementation
8. Publish 2019 Annual Report
9. Expand LiveWire research projects
10. Finalize OTCQB Up-listing Application
11. Acquisition of synergistic companies (consideration)
Final Word
To put it mildly, we have learned a lot during this last year, and based on this experience are continuing to dynamically adjust our business model to this turbulent industry with rules and regulations still changing frequently and being adjusted to realist economic conditions. We have and are continuing to carefully analyze the market conditions and make the necessary adjustment to avoid the mistakes that have been made by some of the larger companies that bulldozed into this this potentially huge market, not operating economically and creating maybe overblown performance expectations. We are trying to keep expectations real and operations lean for maximum performance.
With the demand for pure, organically grown, legal and thoroughly tested cannabis products growing rapidly, we expect the high-quality, handcrafted product that we will be growing at our California Ranch to become the most sought-after premium cannabis in the industry during 2020. In the true spirit of ‘Doing-it-Right’ we are developing our Paso Robles Weedery into a special place operated with unique “tractor-less” farming methods by independent growers and passionate and experienced experts, carefully tending to each plant grown under the natural canopy of a perfect micro-climate in the midst of California wine country.
This beautiful facility brings our vision of an “Estate Grown Weedery” producing the finest family of hand-crafted branded cannabis products in the Country via a tightly implemented quality control process under our vertically integrated business model closer to reality. We are planning to expand the craft-grow business model by consequently choosing the most experienced partners and respecting and fully utilizing the ideal conditions at our beautiful estate, two factors that are unparalleled in the industry, for maximum results.
Thank you for your loyalty.
?We are looking forward to producing the results that you all expect from us during 2020.
Bill Hodson
Chairman and CEO
LiveWire Ergogenics
Exactly, and it is what he intended.. He let me know this when i met him.. looking for partnership type relationships on the ranch.. Nursery can supply
Seems like once again LVVV CEO Bill H has made another great decision here..
Quote:
Under the terms of the agreement, LiveWire has retained QDG to design, construct and manage phase-1 of its self-sustained scalable grow facility to include all necessary buildouts required for operations on the property. QDG will provide marketable cannabis strains as allowed per California Laws under a unique profit-sharing model between the parties. LiveWire will manage the real estate, complete all permitting processes and obtain and maintain (through its subsidiaries) all operating permits.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153640777
The LVVV market will now more After 04/20/2020
Exactly, way to many GREAT things in the works here lol
Great to see.
Ditto..lol...too many good things in the works here....
If .0065 LVVV's excellence of delivering what they say they will the ticker is in greater shape then it appears, really cheap entry point . LVVV always was a good hold but GLTA.
It may just be LVVV's excellence of delivering what they said they would and many want in even at a big gains. It gets easier to hold LVVV as buyers have moved inhere and many want LVVV shares in their portfolio.
I dont think so, I think its some loser that is doing it on their own.. Of course, i have a REALLY GOOD IDEA on who that is! HAHA..
Yep, its good to see!
Jan 29, 2020
CLERK'S JUDGMENT re: 228 Memorandum & Opinion in favor of LiveWire Ergogenics Inc. against American E Group LLC. It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Order dated January 28, 2020, Li vewire's motion to dismiss is GRANTED because the Note is unenforceable and AEG is not entitled to equitable relief. The Court denies AEG leave to replead because any attempt to replead the claims asserted in the SAC would be futile. See Advan ced Magnetics, Inc. v. Bayfront Partners,Inc., 106 F.3d 11, 18 (2d Cir. 1997) (noting that leave to amend need not be granted where the proposed amendment would be futile). Accordingly, all claims in the SAC are dismissed with prejudice. (Signed by Clerk of Court Ruby Krajick on 1/29/2020) (Attachments: # 1 Right to Appeal)(km)
Maybe the one asking should explain how? Since they are apparently the expert here. LOL!
I suppose one could call him and ask, or they could just in turn post nonsense on a board and complain.. LOL
What i think we should be bugging him about is the NURSERY. I have sent him a few emails on this.. But this is where the $$$ is at IMO... That can basically fund any projects at the ranch once thats up and running..
Looks like it.. but someone scooped them right back up it seems.
$LVVV
Long day finalizing cultivation application and delivering to the County. This package addresses all their initial questions and clarifies the operation. Now we wait for their response for application to be “complete for processing”, then it’s off to the (Estrella Ranch) races!
Oh believe me, I ask him all those questions too.. Everything.. But because he may not answer all of them, Im not going to have a fit and go postal on him..lol.. Then i know he will NEVER respond to ANY question i ask him..
I don’t recall ever seeing anything on Coachella being as big as Robles...not even close actually...Kyle is still there from what I understand, he is mainly securing strains they have and preparing to move everything from Coachella to Robles...
On the other hand, I do agree in that I’d love to see more regular updates as well to current progress and events as they unfold... the issue with a startup is that things are constantly changing and evolving as they solidify their plan into establishing a fully operational business.. seems like he could possibly do a monthly update even to the state of affairs...I think that would make a world of difference for existing and new investors imo
I understand, I just dont know, I was only giving my opinion.. It may very well to be running.. I recall back when Cliff was around saying they were actually looking for more space out there..
Correct, and i gave you his response..
See below...Per your own words.. Maybe take your own advice?
ahousepainter Tuesday, 01/14/20 01:32:45 PM
Re: seasailor post# 64542 0
Post #
64543
of 64586
Here’s what you need to do send a Email to billhodson5@gmail.com with your concerns or call
Phone- (714)309-3690
The way it appears to me, is they are getting ready to open up operations in Robles, get their license there and move everything from Coachella to Robles Nursery. To me, this makes sense as that Nursery in Robles is really going to be MASSIVE.. They could supply the entire state of CA with clones from that space. LOL Coachella would be irrelevant any longer and not necessary.
I could be wrong about Coachella, and it could very well still be operating.. Just IMO as to how im seeing things unfold here.
Yes, it was.. and that things were moving along nicely.
The Current Nursery in Coachella will be moving to Paso Robles Nursery, things are progressing nicely with Robles Nursery..
Doesnt take much to understand that it is something actually in process.. As if they would be spending Thousands and Thousands of dollars to build out the nursery for it to not be operational?? LOL! I will take my direction from the company Thank You.
The Paso Robles Nursery
LiveWire has begun the build-out and will soon begin production in its 22,000-square-foot secure indoor cannabis nursery facility in Paso Robles, Calif. The project includes the conversion of two existing buildings with sufficient power capacity and abundant water supply. Floor plans include more than 10,000 square feet of canopy devoted to “mother” plants and separate clone storage; additional space has been identified for flowering plants. Within the two buildings, the nursery also contains research and development areas, rooms for cannabis waste and storage, record keeping and staging space, security offices, a conference room and additional designated locations required for permit approval and compliance.
LiveWire has spent significant resources to research and maneuver a complex legal environment and confirm the economic and environmental feasibility of potential LiveWire cannabis operations in different locations throughout the state of California. All LiveWire operations comply with California state law and local ordinances. To fully capitalize on these highly valuable assets, LiveWire is seeking funding to accelerate the development of its business plan.
LiveWire Ergogenics, through its subsidiary GHC Ventures, generated $371,876 in revenue, a significant improvement over the same period last year. The increase in revenue of over 2000% is a result of State licensed Distribution and Nursery operations in California. General and Administrative costs increased slightly to $176,571, due to the additional personnel to manage GHC operations. At the same time, the Company has been able to reduce its stock-based compensation significantly and did not issue any new shares during the second quarter of 2019, keeping down dilution for our existing shareholders.
Irrelevant at this stage imo..
It doesn’t matter to me at this stage of the business, to say it does it ridiculous to me. He purchased the ranch, a NICE piece of property in wine country, literally just down the road from downtown Robles...saying commercial is different from residential doesn’t make any ridiculous claims of being upside down on a recent purchase any more true...
For what though? Grow? They are just now building out the nursery now, so I would imagine it’s something they would apply for when closer time to becoming operational... which should be SOON imo...
Which license are you referring too?
Upside down? LOL...Clearly someone is clueless about Real Estate and financing.. also, picking apart a Q reports really isn’t anything at this stage imo, really.one can pick at it all day...We have REVS started, and all anyone cares about is GROWTH imo.. pick apart the Q reports when we have a fully operational business going..
With that said, this CEO is great, honest, and really is busting his ass to do the right thing... establishing a REAL business...
$LVVV