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Someone's morning buy put GBHPF PPS higher than GHG this morning. I think it's the first time I've seen that. Nice!
Now if we could just get some good news and volume here we might get outta the 1-2's.
Hmmmm, $50,000 minimum purchase but you get .0008 PPS. Figures, the rich have an opportunity to get richer.
50k at .0008 is 62.5 million shares... yikes. Thats a lot of shares at a low price. Doesn't forecast well 1 year from now. I have held patiently for a while but now I question this reaching 2 cents. Time will tell.
PPS fluttering here but spread seems to stay wide and rebounds regularly. Not a good flipper but it reminds me a lot of partner WSRC over the years. I'm buying dips waiting for the rip;)
Remember, few saw the sister stock RS coming. I'd be inclined to say no one saw it coming, but this is the OTC, where insiders and MM's reign supreme.
Makes sense to me they would RS here to get above .01, reduce AS, and reboot the stock.
Good call RSP.
Hasn't worked out so well at BLEch though. That move destroyed the stock. I thought about finally buying some KGKG at these levels but feel PTSD after sister Co RS wiped me out.
IMO this is the time of year to own a stock like this. New year should be good with EOY holiday jewelry sales. Thanks AJH92 for all the DD provided.
This ticker changed ownership this year so cyclical PPS fluctuation not accounted for in prior operations history.
Possible runner here IMHO.
GLTA
Lots of buys today of GHG on the Canadian exchange. Could something be brewing?
I hold this as a long term play, banking on the future of hemp and the company's position in it. May be several years to come, or right around the corner.
I can see a future in which hemp building supplies rival any others in function, durability, and cost. The acquisition of W$RC and joining the HAIZ project could prove to be the perfect foundation.
Anyone shorting in this channel is risking margin calls if SFLM runs. IMO that might help to accelerate upward momentum. If this happens I personally thank you.
Asking .01 for a nice little profit...
Low PPS for some time now... Shorty already covered here.
This company would need a drastic change in direction to thrive again. IMO nothing to see here.... or eat.... or hear.
This company is a joke! Soooooo many lies in the past.
Talk about mushrooms... some of the PR's here were definitely based on hallucinations. Don't get Stockscam Alerter started, he has a long list of pertinent concerns.
If there is any uptick in price, I doubt it lasts. Get out quick if you find any gains. Just IMHO from years of watching this one and jumping in and out a few times.
OTC is full of fantasies...
Mine is I get 2-3x here by March next year. I think it's realistic.
I am glad to own shares of SFLM now while it is down. Im looking for more under 4 if possible.
IMO upside is coming in the next few months. Technicals are important to watch, but usually don't spark the big OTC runs. I think the time is near for SFLM to pop. Real company, real income, and nice jewelery to boot.
Well no post from anyone else, so... news out today. Update on HAIZ.
"GLOBAL HEMP GROUP SECURES 664 ACRE PROPERTY
LOCKING UP REMAINING STRATEGIC LAND REQUIRED FOR LONG TERM DEVELOPMENT OF ITS PLANNED GREEN COMMUNITY IN HAYDEN COLORADO
Vancouver, BC -- (AUG 23, 2021) -- GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) announces that in accordance with targeted objectives for the HEMP AGRO-INDUSTRIAL ZONE (HAIZ) project, a third acquisition contract for 664 acres of contiguous land is now fully executed. This brings the current total land assemblage to 874+ strategic acres closed or under definitive contract by the Company for development of the HAIZ project in the northwestern Colorado town of Hayden.
The Company’s first acquisition was the 44+ acre annexed and zoned industrial/commercial site (see the Company’s news release of May 10 for further details) as the home for a centralized processing/manufacturing center at its Hemp Agro-Industrial Zone (HAIZ) closed on June 15, 2021. The Company’s second acquisition was a 166+ acre annexed property for development of affordable housing, now under “hard” contract pending closing. This third contract encompassing 664 acres of the total 874-acre assemblage will expand GHG’s available hemp farming acreage in the near term and will provide for the phased construction of affordable homes in the context of a Planned Unit Development (PUD) subject to approval by the Town of Hayden. This 664-acre property is contiguous to the 166 acre annexed land parcel (see the Company’s news release of May 17 for further details), making 830 acres available for the development of affordable homes over the Company’s 20+ year development horizon for the project.
In collaboration with Western Sierra Resource Corporation (OTC:WSRC) this “vertically integrated” project contemplates the beneficial use of substantial existing water resources to irrigate and cultivate industrial hemp; process and utilize hemp in the on-site manufacturing of green renewable construction products; and finally, to build affordable carbon neutral/carbon negative housing – all in one location under the Company’s master plan. The Company’s vision for the Hemp Agro-Industrial Zone complex on the first 44-acre site recently acquired, is to establish a “showcase” venue for its vendor/partners in agriculture, research and development, light manufacturing, a range of related commercial products and green technologies, and housing – all of which is designed to compliment the town of Hayden by further generating employment opportunity and increasing business revenue for the community.
Earnest money in the amount of US$200,000 will be deposited to the title company on or before August 31, 2021. Subject to completion of acceptable due diligence on or before September 30, 2021, the earnest money will become non-refundable, and the purchase will be scheduled for closing, with final payments for the property payable on or before April 1, 2022.
Land Planning and Engineering Firms have been engaged by the Company which are now finalizing plans for a large-scale warehouse, decortication facility, manufacturing facility, showroom with administrative offices, and model homes. Greenhouses and associated laboratory facilities for research and development will also be part of the land-use design plan.
To fund this acquisition and the ongoing development of the Colorado Green Community, the Company announces that it is proceeding with a financing of up to $1.0 million of non-brokered 7.0% Secured Convertible Debentures with continued strong and reliable support of private corporate lenders. The Debentures will have a Maturity Date of September 8, 2023 and shall bear existing interest at the rate of 7.0% per annum, payable for the period commencing on the Closing Date and ending on the earlier of the Maturity Date or the date the Debenture is converted into units (“Units”). An initial closing of this Secured Convertible Debenture financing is expected prior to August 31st with a second and final closing on or about Sept15th. A finder’s fee may be payable to eligible finder’s or agents per CSE guidelines.
Each $1,000 principal amount of Debenture is convertible, at the option of the holder, into Units consisting of 20,000 common shares of the Issuer (each a “Common Share”), issued at a price of $0.05 per Common Share (the “Conversion Price”), and 20,000 detachable common share purchase warrant (each a “Warrant”), each Warrant entitling the holder to acquire one additional Common Share an exercise price of $0.05 at any time after the date of issuance and prior to the close of business on the last business day prior to the Maturity Date.
The warrants will be listed for trading on the Canadian Securities Exchange (the “CSE”) and will have identical terms to the currently listed warrants trading under the ticker symbol GHG.WT. In the event that the Issuer's common shares trade on the CSE (or such other exchange on which the common shares may be traded at such time) at a volume weighted average price of $0.12 per common share or more for a period of ten (10) consecutive trading days, the Issuer may, in its sole discretion, accelerate the expiry date of the warrants by giving notice to the holders thereof and, in such case, the warrants will expire on the 30th day after the date on which such notice is given to the holder by the company.
On July 12, 2021, the Company announced that it had closed the final tranche of a Secured Convertible Debenture with identical terms as above. To date, the holders of the previous Secured Convertible Debenture issue have already converted $1.2 million of the original $1.5 million issued per the terms above leaving the company virtually debt free from this issue.
Subscribe to the GHG YouTube Channel:
https://www.youtube.com/channel/UCtjFn9dOyHMxJee-_37MTrw
Like us on Facebook: https://www.facebook.com/globalhempgrp
Follow us on Instagram: https://www.instagram.com/hemp_global/
Follow us on Twitter: https://twitter.com/Hemp_Global
Connect with us on LinkedIn: https://www.linkedin.com/company/18596421
About Global Hemp Group Inc.
Global Hemp Group Inc. (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) ) is focused on a executing a multi-phased strategy of becoming a leader in the development and promotion of the industrial hemp technology industry in the United States and beyond. The Company is headquartered in Vancouver, British Columbia. The current phase of the strategy focuses on the development of “sustainable” and “green” value-added industrial hemp products utilizing the processing of the entirety of the hemp plant for multi-merchantable applications, as will be showcased in the Colorado Hemp Agro-Industrial Zone (HAIZ) project.
To further support and innovate the HAIZ, Global Hemp Group has established a Research and Development Division to actively pursue the development of Intellectual Property that can be patented for implementation at its projects and beyond. The Division is led by Prof. Víctor M. Castaño, Ph.D. from the National Autonomous University of Mexico (UNAM), a highly recognized leader in areas of applied science and technology. The R&D team brings an amazing wealth of knowledge and experience in multiple disciplines and will initially focus on development of Environmentally-Friendly Construction Materials, Nanofertilizers and Enhanced Extraction from Hemp.
For Further Information Contact Global Hemp Group
Curt Huber, President
Tel: 778-726-2900
info@globalhempgroup.com
https://www.globalhempgroup.com?
Cautionary Note Regarding Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk, the legality of cannabis and hemp. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Except as required by law, Global Hemp Group Inc. disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
Thought the Blessed Bean thing was great too. Then R/S and plunge.
Well... lesson learned.
I was excited to try the RTD CBD tea.
I wish they would let it soar
or
sell me some more shares in the 2's.
I've had an open order for a while that won't fill.
I love it when I plus up on shares of a stock just before a storm of negativity... it usually works out well.
I can wait a while for this one if need be. Downward pressure leads to the opportunity to acquire more.
Regardless of what's posted here I'm patiently holding on awhile;) There's a lot to like IMO.
The closer this gets to .02 the more I want to buy it up and hold.
Worked out well doing so with WSRC.
Lost most of my position this morning while not looking, with an open sell order at .18. I never thought it would happen that fast.
Oh well, $$$ I'm not complaining. Worth the years of waiting. Still have a very small amount left.
GLTA
I've always felt like this company has BIG potential. I'll most likely buy in again.
The DD here shows a lot of potential.
Not to mention I've witnessed this stock move very quickly. Good SS and tightly held.
Not a good flipper because spread is usually much bigger than recently. Overall, IMO, this is a good gamble buy and hold. I finally am averaged right around the current PPS. I plan to hold for much higher.
Still a pathetic conpany, no matter what the name is IMO.
Recent reverse split was not necessary. This is a scam from my experience.
Product yes. Verifiable. Decent.
Good business plan and shareholder loyalty? No. Throw you right under the bus.
This is down a bit from my buy in... but I'm holding steady and looking to add in these low 3's. Go GRCU$
Riding along with Panzer on other tickers has done me well in the past ;)
Anybody else having Etrade problems with their SFLM position?
Got home from work, checked my account, and my position here (a meager 200k), and it was wiped out. Also had a notification I owed $52,000+ on margin call?
WTF! Etrade won't even let you buy this ticker on margin. Hope it's sorted out by morning sheesh. Even if I did short it at my buy in of .0035 I wouldn't owe 52k! Of course they had no reasonable excuse. Seems odd and I've never heard of this.
Etrade shenanigans.
Anyways, if you haven't visited the SFLM Ebay page you should check it out. Some very nice jewelery at reasonable prices. I'm no watch guy... but they have some nice men's watches. I buy a lot of jewelery from another seller on Ebay but will consider shopping SFLMaven in the future. Great things coming here in 2021 IMO.
GLTA.
At $1 PPS, no one who owns pre split shares is even close to breaking even. I'll take a 3x from here but still resent the management for stealing our value! This conpany cannot be trusted IMO.
Quite a few sells this morning and price isn't plummeting. I'm glad to see we can maintain these upper 2's and lower 3's.
I've seen the pps jump rapid here. I'm locked in for much higher.
I was shopping jewelery on Ebay this weekend and stumbled across SFL Maven's store by coincidence. Seems like a pretty legit Ebay store;)
I appreciate agreeing to disagree and always read your posts.
I used to be ever optimistic about this company and did very well in '17.
But poor management and execution in '20, paired with the decapitating RS... I worry ill never get my share value back. Not to mention with any real progress in legal CBD consumption regulations, they've proven they can't hang with the big beverage companies. Would be easy to smother BLEG.
We'll see. If you're right ill at least be able to stomach my losses a little more.
BLEG $1 PPS in the next month or two?
Did you bump your head before writing that? Normally your posts have some semblance of intelligence. C'mon man.
Too bad most people still holding shares of this shill company need $5 or more PPS just to recoup losses from the recent RS.
1510 to 1 wasn't it?
Why did they implement the RS again?
What benefit was there?
Loss of investor confidence.
Loss of PPS.
Loss of company value.
Who gained from the RS?
Still so many unanswered questions about this company and management decisions.
Definitely some interesting developments being reported here.
As things develop, and the exposure increases, I'll be glad to have held my position here.
Almost 100k buy at .02 today.
Nice to see some volume... and confidence.
PPS is way undervalued here IMO.
There has yet to be definitive proof this a scam.
But there is little proof it isn't.
I've been holding 2 years + and PPS has dwindled. No product is available, no celebrity has endorsed RSHN, and no revenues have been verified. Why are financials overdue? Don't give me the rhetorical BS answer!
WSRC appears to have completely backed out from RSHN and that worries me.
Don't get me wrong, OTC stocks can run.... but this hasn't recently. I'm in Ca and CBD is sold everywhere. What's the hold up here?
No one knows the real truth here on I-Hub and I hold hoping for the best. Hemp Graphene is real, but is RUSN poised to lead the industry?
What I question is, who is selling .0002? Are entities able to buy sub .0001? Toxic lenders? If so they are milking this ticker at .0002 sell. So goes OTC stocks.
OTC is shady. Trust NO ONE! Buy the risk, knowing you might loose your money.
I hope the best for this ticker, but I dont expect more than .002 at best, as the accumulators will take their profits.
Unless there are some real answers hidden here, I'm afraid you are promoting the "bad guys".
Haha.
This is not the first time he's posted on the board promoting HMPQ.
Glad I no longer have shares of this. But I can't help checking in once and a while to read up on the latest and greatest "advancements" ;)
Is the deal with RU$N completely off the table?
Perhaps another Co that would benefit from partnering with WSRC?
I'm enjoying the wait here;)
Volume way up. Something must be brewing.
I love sharp and violent swing movement when it's in the right direction.
That pretty much sums it up. Good reply.
The hemp tea bags are sometimes fused into the wrapper too which rips open the tea bag when you open the packet rendering the tea bag useless.
I did put quotes on "accomplished" for a reason. They really have only succeeded in taking people's money. RS was executed poorly and unnecessarily excessive. Shot themselves in the foot and now they're limping along with a huge loss of investor confidence.
To be fair, they do seem to have a viable CBD tea formula but it is a little weak. Especially the Hibiscus green tea...disappointing. Lemon tasted best to me. They also may have a formula that conforms to the coming regulations, with 10mg CBD and a QR code verification. But a larger beverage company could accomplish that within weeks.
I just don't think BLEG stands a chance against the big boys. 10mg CBD is negligible and would require several drinks a day to have an effect IMO. At the price point per bottle, I don't see this becoming America's next favorite drink. Prove me wrong BLEG, I dare you.
GLTA I think I'm done here :(
I wouldn't buy another share of this company to save my life. Never thought I'd feel this way as I used to have faith in old VATE.
But I also refuse to sell the pittance I was reduced to either. I mean... if I don't sell I don't actually loose money right?
Problem is this stock will NEVER reach my break even point either.
I feel bad for anyone suckered into thinking BLEG has a chance once regulations are set forth. It will be all too easy for a real beverage company to enter the space and have a much larger presence. It won't take much to catch up with what BLEG has "accomplished".
And rightfully so.
R/S was handled poorly, even if it "had to happen". Communication should have been better. As of today, I dont think any of us know the real story.
I do wonder if you are not the smarter investor for seeing past it all and averaging down. You may recoup some of your losses. If so, It will be a lesson for me to not let emotions influence my investing.
But I just cannot bring myself to hit the ask on a ticker that so blatantly disrespects its shareholders. GLTY
I doubt it. Too simple of an explanation that RM acted alone, out of greed, to keep OTCQB status, or for personal enrichment.
There must be a more complex reasoning and chain of command regarding company decisions like the RS that occurred.
I wonder if it was done to massively dilute longs, a large position, or group of investors? They sure did clean house.
Now BLEG has plenty of AS to sell into OS. Wash, rinse, and don't forget our fav... repeat!
Sorry if you perceived me rubbing it in... not my intention.
I'm still holding my shares and merely trying to rationalize what happened and what the future is here for us shareholders.