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Another RR P&D job accomplished.....
Board has become very quiet, where are all the big fat contracts promised?
Great post re:MCC, the real deal:
@ayeyou $MCC has been selling to RCMP for past year or more. Some people seem to think that there was to be a big single contract awarded to refit the RCMP when in fact it is being done on an ongoing basis and is responsible for generating the revs that MCC has produced. Read this from the MD&A..... Revenues for the three month period ended April 30, 2016 increased by $196,022 or 28% over the comparable
period in the prior year to $896,465. This increase was largely driven by higher hardware sales in the current
year from the RCMP orders fulfilled in the fourth quarter. The Company received a number of orders from the Canadian government in the fourth quarter of fiscal 2016
which accounted for a significant portion of the increase in hardware revenues. END So you see that in fact the big contracts some say are just around the corner for a year now are actually being awarded and filled the whole time. Problem is they are losing money filling the orders. Canadian government put screws to them and dropped their GP % by 15 points. Its all in the MD&A...... http://www.stockwatch.com/News/Sedardoc.pdf?docid=3664809
Rocketred's sidekick Heinz doing very large dump at 0.085 through RBC, weee
House Positions for C:MCC from 20160909 to 20160909
House Bought $Val Ave Sold $Val Ave Net $Net
1 Anonymous 321,600 28,667 0.089 24,500 2,432 0.099 297,100 -26,235
99 Jitney 72,000 6,170 0.086 5,000 450 0.09 67,000 -5,720
13 Instinet 43,500 3,900 0.09 1,500 135 0.09 42,000 -3,765
79 CIBC 130,738 12,394 0.095 96,000 10,155 0.106 34,738 -2,239
7 TD Sec 26,500 2,585 0.098 0 26,500 -2,585
85 Scotia 5,000 450 0.09 0 5,000 -450
124 Questrade 5,000 500 0.10 0 5,000 -500
28 BBS 1,500 150 0.10 0 1,500 -150
39 Merrill Lynch 3,000 300 0.10 3,000 300 0.10 0 0
68 Leede 0 100 11 0.11 -100 11
9 BMO Nesbitt 0 75,000 7,185 0.096 -75,000 7,185
2 RBC 61,000 6,680 0.11 464,738 41,128 0.088 -403,738 34,448
TOTAL 669,838 61,796 0.092 669,838 61,796 0.092 0 0
Mobile Old Site Home Daily Products Help Contact Us Your Account System Status
© 2016 Canjex Publishing Ltd. All rights reserved. "Stockwatch" is a registered trademark of Canjex Publishing Ltd. Terms of Use, Privacy Policy
Funny thing with scammer pumpers as opossed to real investors is they never admit to sell because theres always a big kaboom or a big contract waiting next week ....
Correct, having bought at 12/13c we made money on our EUO investment in the end unlike the sheep you fleeced into your garbage pump MCC as high as 30c so both you and Heinz could get out of it
Heinzboy (rbc) and rocketred (tdsec) dumping....
GLH quarter out, lost 2.8 M (operations + interest) on 2.6M sales.
Current Liabilities 4.5M Current Assets 3.3M
Basically bankrupted
13c down 35%, TD largest dumper. I wonder if doublescam subscribers (if any) are gonna get refunds ??? lol
88 that is interesting, "HH" .... hmmmm
Dead Money, big tank tomorrow, bankrupt, no cash, backlog down to 350k, no gov awards, CEO resigning
MCC Magor loses $5.76M in fiscal 2016; CEO Pascoe retires
nice pick there Red
Anybody can pull such product, no barriers to entry into that space. Burning cash like mad. Dead money
GLH: Over promise and under deliver seems to be their motto
When does this contest end?
yeah just add 2.7M to that amount of gain in change of fair value liabilities for a whooping operations lose close to 3M in Q1 alone. this turd is heading for the poor house fast....
Results just out. And they are ugly as f•••
Going concern
Golden Leaf has been incurring operating losses and cash flow deficits since its inception, as it attempts to create an infrastructure to capitalize on the opportunity for value creation that is emerging from the gradual relaxing of prohibitions in the United States on the cannabis industry. The Company’s revenues have not yet been able to rise to levels materially capable of covering the costs related to the infrastructure investment (both capital and operating). As such, the Company has been depleting its invested capital as it simultaneously navigates regulatory evolution and uncertainty, awaits the imminent changes in the Oregon marketplace and other jurisdictions that will fuel market expansion, and continues to make necessary investments.
As of December 31, 2015 the Company’s cash balances were $263,695. Despite raising funds in Q1 and Q2 2016, the Company’s burn rate, including certain earmarked uses such as tax payments and the acquisition costs for BMF Washington in addition to unanticipated regulatory delays and disruption to the Company’s core business, there continues to be a need to raise more capital
CZO.V could see it 10 bagging down the road in a few years if everything they have going pans out well, I have sold a small chunk for 3-4 bagger and keeping 80% of it for neligible cost for the LT
Yup, those that paid one buck or close to it for this turd are royally screwed and will never see their money back.....
GLH BOARD MEMBER RESIGNS ....
Aren't late Friday news releases awesome? So different from the usual morning fluff.
Hmmmmmm....
The Issuer has established an audit committee consisting of Philip van den Berg (chair), Sam Pillersdorf and Elijah Cohl
Philip van den Berg was appointed CFO on January 15 and resigned August 3, 2015. Brian Gentry replaced Mr. Van den Berg as CFO and was appointed on August 3, 2015
Looks like a financial numbers battle royal was going on and someone has decided to say bye-bye with his 1M two-cent founder shares before the 'good' news hits.
Off to the casino. Free food and better odds.
Interpolation1 wrote: --- oh boy ---
Golden Leaf Holdings Ltd. Announces Resignation of Board of Director Philip van den Berg
TORONTO, ON--(Marketwired - May 20, 2016) - Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE: GLH) announces today the resignation of Philip van den Berg, a current Board of Director, effective May 20, 2016. Mr. van den Berg will continue to work with the Company on various strategic projects. GLH's Board of Directors has commenced a process to identify a replacement for Mr. van den Berg.
"I want to thank Philip on behalf of our management and Board of Directors for his contributions to GLH and its shareholders. Philip played a key role in the company over the past year and helped support our strategy of long-term value creation," said Don Robinson, Chief Executive Officer of GLH.
About Golden Leaf Holdings:
Golden Leaf Holdings Ltd. is one of the largest cannabis oil and solution providers in North America. It's a leading cannabis products company in Oregon built around recognized brands. GLH leverages a strong management team with cannabis and food industry experience to complement its expertise in extracting, refining and selling cannabis oil.
Disclaimer: This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company's future business operation, expectations of gross sales, the opinions or beliefs of management, and future business goals. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to general business, economic and competitive uncertainties, regulatory risks including risks related to the expected timing of the early roll out of oils and edibles, market risks, risks inherent in manufacturing operations and other risks of the cannabis industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is provided herein for the purpose of presenting information about management's current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Read more at http://www.stockhouse.com/companies/bullboard/c.glh/golden-leaf-holdings-ltd#tlbjlqeM2BoDOal2.99
16M for 2015 that is.
What ever happened to the 3M a month and $16M total they were touting before? ouch
Be good to see the report when it finally comes out....everything else is just fluff releases this days: How short was revenue of all their overhyped promises? Whats cash left / current burn rate? How long till next PP ? I see teens a coming fast
More fluffery...
Fluff news release to sugar coat CC made later yesterday with many hidden skeletons coming out. If this was US listed class action lawsuits would be flying already.
List of things they didn't tell us
This is why they should be fired:
- late filings
- restating financials
- shut down for 6 weeks
- issues at Aurora
- stopped producing Dixie product
- will need more money ( New PP coming)
- cant get a US listing
GLH only good for short term trades. Reality is longs are royally farked with this one, specially those that got in above 1 buck, they can kiss their money bye byeeeee !!!!
Couple next quarters will show up GLH needs to do another round of financing. It will get funded by all those that made out like bandits selling their 2 and 20c paper to retail suckers. This is a zombie stock heading to teens
Great stuff from SH....
According to RR, anon has dumped just under 12M shares since October. Great friend of the board, banx, indicated about 29M total shares have traded since October (as of 10 days ago)... let's add about 2M shares traded over the last 10 days, so that is 31M total... about half of the original float.
Forgetting all outstanding cheap options, warrants and any share sold over the current price level... there were about 25M shares issued at 2 cents and another 25M issued at 20 cents. Combined that's 11 cents a share.
Only my personal opinion... I need to see at least 19M more shares sold before some sort of price equilibrium is arrived at. Until it happens there is a very high risk that the price continues to trend down and/or collapses into the teens.
RX.V and Ferremax, have you noticed NPH.V introducing a similar OTC iron supplement? any interest in NPH.V? Dont own but looking at it. http://jutiagroup.com/20160328-vanc-pharmaceuticals-could-earn-75-net-margin-with-otc-iron-supplement/
Zen, Im with you on EUO.V on all accounts, Im literally up to my eyeballs on EUO stock with a long time frame horizon. I del expect the Re: RX.V and Ferremax, have you noticed NPH.V introducing a
Apparently none because lack of volume. They just dumping the cheap shares
SCRH needs all of its money to invest in and develop name brand. Investors should experience an ROI in the very near future with this activity of MR. Gans to increase investor return.
what activities??? siphoning out all available free cash flow to his personal bank account?
Biorem earns $1.68-million in 2015
Biorem Inc (C:BRM)
Shares Issued 15,421,994
Last Close 3/31/2016 $0.295
Monday April 4 2016 - News Release
Mr. Derek Webb reports
BIOREM REPORTS 58% YEAR OVER YEAR INCREASE IN REVENUE AND $0.13 EPS
Biorem Inc. has released its results for the three-month and 12-month periods ended Dec. 31, 2015. Biorem's complete fiscal 2015 year-end financial statements and MD&A have been filed on SEDAR (www.sedar.com).
FINANCIAL HIGHLIGHTS:
in '000's except earnings per share
Three-months ended Twelve-months ended
December 31 December 31
2015 2014 2015 2014
Revenue 3,311 3,968 16,880 10,683
Gross profit 1,300 1,326 5,995 2,231
Operating expenses 1,062 1,191 3,797 3,377
Ebitda* 266 92 2,244 (916)
Net earnings (loss) 125 (69) 1,689 (1,722)
EPS - basic 0.02 0.00 0.13 (0.13)
EPS - fully diluted 0.01 0.00 0.06 (0.13)
* Earnings before interest, taxes and amortizaton, a non IFRS financial measure
TWELVE MONTHS ENDED DECEMBER 31, 2015
For the twelve months ended December 31, 2015 revenue increased 58% to $16.9 million from $10.7 million for the same twelve months in 2014. Net earnings for the year were $1.7 million compared to a net loss of $1.7 million in 2014. Earnings per share for the year were $0.13 basic and $0.06 fully diluted against a $0.13 loss per share reported in 2014.
Gross profit was $5,995,000 for the year, a 169% increase from gross profit of $2,231,000 for the year-ended December 31, 2014.
Total operating expenses for the year were $3,797,000 compared to $3,377,000 for the year ended December 31, 2014. The increase in operating expenses was attributable to higher sales and marketing costs, particularly commissions, on increased revenues.
Operating activities for the year provided $2.1 million of cash compared to $445,000 used by operating activities in 2014. A reduction in restricted cash and accounts receivable provided $605,000 of cash. A decrease in prepaid expenses and accounts payable contributed a further $409,000 in cash from operating activities. These operating sources of cash were offset by cash used to fund an increase in unbilled revenue of $698,000, and a decrease in unearned revenue of $240,000.
In January of 2016 the Company negotiated an amendment to its 12.75% debenture agreement amending the repayment terms and extending the maturity date to December 31, 2016. Under the amended payment terms, principal payments of $75,000 are due at the end of each month until the principal is repaid in November 2016. $770,000 of principal was repaid in 2015.
The Company received $164,000 during the year from the exercise of share purchase warrants and stock options.
"2015 was a turning point for BIOREM as we restructured the company to create value for shareholders and our customers," said Derek S. Webb, President and CEO. "This strategy resulted in a significant amount of new orders across a wide variety of applications and geographical markets. Year-end backlog was at $16.7 million as compared with $14 million at December 31, 2014, which represents a 19.3% increase year over year."
"Our focus on organizational efficiency and new product development has enabled us to stay one step ahead of the competition in a number of our key market segments. In 2015, we saw growth across both our domestic and international markets and expect this trend to continue into 2016. Demand for air emissions abatement is robust across a diverse geographical territory and BIOREM continues to be well positioned for meeting this demand with our range of engineered biological solutions."
Three Months ended December 31, 2015
Revenue for the three month period ended December 31, 2015 was down 20.6% from the previous quarter to $3,311,000 and 16.6% or $657,000 million below revenues reported in the same period in the prior year.
Gross profit in Q4 was $1,300,000, a $208,000, or 13.8%, decrease from the $1,508,000 recorded in the third quarter of 2015 and $26,000 below the gross profit of the 4th quarter of 2014. Total operating expenses (net of other income) for the quarter were $1,062,000 a 10.8% decrease from the operating expenses of $1,191,000 incurred during the fourth quarter of 2014.
Ebitda for the quarter was $266,000 compared to an ebitda of $92,000 for the fourth quarter of 2014.
Net earnings for the quarter were $125,000 compared to a net loss of $69,000 in the fourth quarter of 2014.
© 2016 Canjex Publishing Ltd.
LMAO
Rocketred2015
February 08, 2016 - 04:27 PM 81 Reads
Post# 24537070
MCC if ya want to join the billionaire club
MCC a must own
9c. This bankrupted turd going back to 2c, those that pumped it with lies should be investigated and get cease trade orders for stock manipulation
this guy got it right:
blackjackall
3.5 stars
User Actions
March 30, 2016 - 05:52 PM 43 Reads
Post# 24713015
Rate this post
Complete and utter trash
This company was clearly pumped by a bunch of internet trolls and is way overvalued at current prices. Company loses another $1.86 million for the quarter and pumpers have the balls to say it's a buy? Caveat emptor amicis
As at January 31st, 2016, the Company had cash on hand of $82,062 compared to $201,086 as at April 30, 2015.
Magor loses $1.86-million in fiscal Q3 2016
Magor Corp (C:MCC)
Shares Issued 51,725,489
Last Close 3/30/2016 $0.115
Wednesday March 30 2016 - News Release
Mr. Mike Pascoe reports
MAGOR ANNOUNCES FISCAL Q3 2016 RESULTS
Bleeding money once again, no mention of Gov. contracts awards BS
Good post
3/30/2016 6:47:00 AM
Read Replies (1) of 41380
Seen this site advertised on TV in past couple days. Looks like some competition for MCC video and net conferencing. Even offers free instant conferencing as incentive to give them a look. Not sure if this fills same space as MCC but it appears to. TV ad was much snazzier than the website. After quick search for meeting rooms , video conferencing and net meetings it seems there is no shortage of competition in that space.
mymeetings.com
this from a post on stockhouse, very good re-cap:
If anon finally runs out of shares at lower levels:
You have level 50 warrants to deal with...
Private placement investor (Jun-Nov 2014) 13,427,250 $.50 CAD Jun-Nov 2017
Then you have level 54... Peter Saladino 31M shares
Then you have level 67... up to 10M in debentures that can be converted at 67 or less over the next year and a half. 15M shares or more.
The game will be played under or at least around those caps for some time. Get used to it. You have time to accumulate.
Common Shares issued and outstanding 61,654,292
Issued April 8, 2014 - Founders Shares 13,565,666 $0.02 CAD
Issued May 12, 2014 - consideration for purchase of assets 4,850,000 $0.02 CAD
Issued June 2014 - private placement 1,457,500 $0.20 CAD
Issued July 3, 2014 - financial services 900,000 $0.02 CAD
Issued Jul-Sep 2014 - private placement 19,302,500 $0.20 CAD
Issued Oct-Nov 2014 - private placement 8,884,500 $0.20 CAD
Issued Oct 16, 2014 - legal services 1,000,000 $0.02 CAD
Issued Feb-Mar 2015 - private placement 221,000 $1.00 USD
Issued March 31, 2015 - consideration for purchase of assets 200,000 n/a
Issued April-June 2015 - private placement 6,898,500 $1.00 USD
Issued July 21, 2015 - financial services 199,850 n/a
Issued Aug-Sep 2015 - private placement 1,037,000 $1.00 USD
Issued Jul-Nov 2015 - CEO employment contract (vesting) 277,778 n/a
Issued Jul-Sep 2015 - distribution services 200,000 n/a
Issued Oct 2014 - legal services 500,000 n/a
Issued Oct 2014 - private placement 1,010,000 $1.00 USD
Issued Oct 6, 2015 - Longacre shares (amalgamation) 775,000 n/a
Issued Oct-Nov 2015 - warrant exercises 295,000 $0.50 CAD
Issued Oct-Nov 2015 - warrant exercises 50,000 $0.20 CAD
Issued Oct-Nov 2015 - option exercises 30,000 $0.20 CAD
warrants 31,289,418
Private placement investor (Jun-Nov 2014) 13,427,250 $.50 CAD Jun-Nov 2017
Warrants issued - consulting fees (April 2014) 853,000 $.02 CAD Apr-19
Warrants issued - legal fees (July 2014) 250,000 $.20 CAD Jul-17
Warrants issued - consulting fees (Oct 2014) 652,625 $.20 CAD Oct-17
Warrants issued - legal fees (November 2014) 250,000 $.20 CAD Nov-17
Warrants issued - brokerage commissions (Nov 2014) 542,400 $.20 CAD Nov-17
Warrants issued - consulting fees (Jan-Mar 2015) 4,075,000 $.20 CAD Jan-Mar 2018
Warrants issued - management consulting (Jan 2015) 1,000,000 $.20 CAD Jan-18
Warrants issued - consulting fees (Nov 2014) 500,000 $.50 CAD Nov-17
Warrants issued - security services (Jan 2015) 100,000 $.20 CAD Jan-18
Warrants issued - private placement fees (June 2015) 50,000 $.20 CAD Jun-18
Warrants issued - debt Financing (March 2015) 50,000 $1.00 USD Mar-16
Warrants issued - management consulting (June 2015) 1,500,000 $1.00 USD Jun-16
Warrants issued - private placement fees (June 2015) 365,860 $1.00 USD Jun-18
Warrants issued - Property Consulting Fees (June 2015) 200,000 $1.00 USD Jun-18
Warrants issued - Property Consulting Fees (June 2015) 200,000 $5.00 USD Jun-18
Warrants issued - Loan Interest Expense (July 2015) 26,000 $1.00 USD Jul-18
Warrants issued - Employees (July-Sept 2015) 1,008,333 $1.00 USD Jul-Sep 2018
Warrants issued - consulting fees (July 2015) 210,000 $1.00 USD Jul-18
Warrants issued - private placement fees (Sept 2015) 208,950 $1.00 USD Sep-18
Warrants issued - debt financing (Sept 2015) 145,000 $1.00 USD Sep-18
Warrants issued - private placement investor (Oct 2015) 3,000,000 $1.00 USD Oct-18
Warrants issued - private placement investor (Oct 2015) 1,500,000 $.50 USD Oct-18
Warrants issued - distribution services (Oct 2015) 1,175,000 $1.00 USD Oct-18
options 5,471,944
Issued Jan 2015 2,410,278 $0.20 CAD Dec-24 Issued Jan 2015 33,333 $1.00 USD Dec-24 Issued Feb 2015 108,333 $1.00 USD Jan-25 Issued April 2015 170,000 $1.00 USD Mar-25 Issued May 2015 150,000 $1.00 USD Apr-25 Issued June 2015 750,000 $1.00 USD May-25 Issued July 2015 600,000 $1.00 USD Jun-25 Issued August 2015 900,000 $1.00 USD Jul-25 Issued September 2015 200,000 $1.00 USD Aug-25 Issued October 2015 150,000 $1.00 USD Sep-25
Other 1,722,222
**not sure what these refer to. May have to do with the previous employee lawsuit
Convertibles 2,190,000
Issued March 2015 500,000 $0.20 CAD Mar-16
Issued September 2015 1,690,000 $1.00 USD Sep-17
Read more at http://www.stockhouse.com/companies/bullboard/bullboard/c.glh/golden-leaf-holdings-ltd#qPBUL51kZdmjUmBZ.99
You nailed it, 39 cents as I type. Free fall before earnings release, something smells rotten here...