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The slow process. Thank YOU for the fast reply
I hope our new CEO is trying to work around the Skull due to the epidemic having a huge effect on the legal system.
We could be a year or longer until the court cases are resolved
Meanwhile investors are punished
Any word on the next court date?
Seems like after the conference call last year it all just disappeared. The company is being further damaged by the ongoing
We are at a standstill
I really thought we had invested in a good company Their sales growth was good and they showed a net profit
The signs were there that it was a pump
And dump
I will be happy to get get out even
I have a company that I have run for 45 years
Good years and bad years
Learn from mistakes and change direction as needed
Too many free shares floating around
The Money borrowed and all of it paid for pre paid product is way too much BS
I am stuck riding the train to the next stop
Thanks for your thoughts
Watching the crooks pay for their crime will be good
I have looked and been unable to find the next court date
Last I saw there was a phone meeting with the judge and lawyers last month.
It looks as if this has dropped off the court agenda for now
I know that the COVID has had a dramatic impact on trials and the cannot set up trials in a orderly time frame
Ok I had received a notice from them saying after Jan I could no longer buy any stock with the skull Only sell
Thank you for the information
I can only guess where all the selling is coming from
Who is buying these shares that are being dumped Most of the discount trading houses like Ameritrade do not allow buying
Seems like every Monday the guys who got all those millions of free shares in the settlement are selling off the most shares they can legally sell each week
Since the scheduled call last month between the lawyers and the judge I have not been able to find out what the next legal date our court date is.
I’m guessing nothing will happen until the the crooks are punished by the courts
Until the skull is removed the company is at a stand still
I would think
It will be interesting to see if the company pays to have last year audited
If they still plan to uplist they will have too
Is the new CEO here to fix or close the company
So many question
Poor company communication
I would rather have an accountant running the company then a lawyer who may be implicated in the reason we have the CE
I think that CBD is evolving and soon we will be selling products that do give you a high without smoking legally
Exactly what needs to happen before we have the CE removed?
Trading is about to change until it is removed
Since the scheduled court meeting this month with all the lawyers took place
Does anyone know when the next court date is?
Thank You in advance for any answers
And no trial date is set
So this is going to drag on They made millions upon millions and have the money to drag this on for a very long time
I think it is wrong that the shareholders suffer
All people involved should be charged and all affiliation to POTN of any persons involved should be separated and we should have the Skull go away
Santa should be so giving
Soon there will be no buyers as the Trading houses all stop letting anyone buy
All sellers No buyers
The company and new CEO should put out a shareholder letter updating us before we come to a shut down of trading at the end of this month
What is being done to clear up the CV
Be specific on why it is remaining
Is there a plan to continue auditing the financials or has an uplist been taken off the table
They did clean up some lawsuits this year
I do care
The Bag Holder
Ameritrade shows 3500 stocks that will affect
Any word on the next step of the trial
If we cannot get the skull removed until that is resolved then the stock in my opinion is dead in the water
As of Jan 1 Ameritrade is following suit so the stock will stop trading for the most part
FTC fines 6 CBD companies
We are good
https://hempindustrydaily.com/ftc-announces-first-monetary-sanctions-for-cbd-medical-claims-says-to-expect-more/
Thank you for the information
In today’s share price the shares ad up to $200k and they can only dump 1% a week
In the class action the lawyers got $200k and the person who started it only for $5k
When trying to find out of any court dates were set after today’s court meeting
I saw that just over a year ago he was still trying to loan money
https://ideamensch.com/charles-vaccaro/
What a bunch of BS. I just read it and Charles Is one of the people who signed the agreement.
I’m guessing he will get shares.
What a scam
Sure would be nice if the government looked into that whole deal with the millions going to pay for product up front and the flood of shares being issued and dumped
No different from what the guys who are goi g to prison did ....only this time Kevin was the leader
I do not think the CE will be removed for some time as the trial date could drag on and on
Hopefully after the pre trial court meeting with all the lawyers tomorrow we finally get a real trial date
Darn spell check
Ok I do know that when I had received them from another company, I had to wait a year and then present a letter from a lawyer
The company had to ok them becoming tradable
Even after I got the shares freed up it was hard find a company to take them so I could trade them
I do think that was one of the illegal things that CV is in trouble for
I will start proofing reading my posting rather then type away and post
When shares are issued In a pink I think they are normally districted for a year from trading
White Lab Liquid. They also have the CE
Not much information out there about the company
Trades very little
The company that makes our products has 65 mill shares and goes for about 3 cents
We have given them over $5 million in pre paid product that cost the company a lot of damage in shares and interest
This was a Ken deal
So if they only have a value of about 2.5 million why do we not merge the company.
Together they would have a much better value going forward
and it would send a message that the company has changed direction and INVESTORS MATTER
Greed is so what gets them.
The preferred shares convert to BILLIONS of share
At first glance they look like a small number until you do the math.
I do hope the government steps in and addresses it
I have been screwed by large ones
I just think that POTN has tanked and does have issued incredible amount of shares
Many to crooks under false fake loans and wrong full rewards
If I read it right Keven who made it a point of giving us free office and like Trump
Worked without a salary
If he converted his shares he would well over a billion shares
That being said all of this is in the legal system and possibly there will be accountability and a government who has eyed all over the company
At one time there was over 300,000,000 shares and we had escalating ratings
The share price was over ,40
We still have a lot going With an accountant rather then a lawyer and the government moving in a direction to give their blessing
I do not think investors who bought high will ever make out on a 1/10
But I do think those that bought .04 and lower will have Ed a good shot with the split if we get an honest management who does not do crazy things with our shares
I do think some will lose their ill gotten shares as the courts decide
I know ...I am a dreamer
If he is involved I’m guessing he would be disbarred from his legal practice
The company made a lot of mistakes trying to do the audit financials and uplisting
So reading that possibly they thought having Hagen step down would fix the problem and they could do the split
The share count is to high
We do need one
The smaller the better
And then we need honest management that has the shareholder interest
Diamond has a lot of potential after a lot of fixing is accomplished
So the trial start date will drag on. We will keep the skull and the company will remain in limbo until then. I’m guessing until the skull gouges away they cannot reap the benefits of the audited financial an uplist or do any stock splits
Just a guess
In the Hemispheres magazine on my United Airlines flight this week there were 2 advertisements for CBD
One of the company’s was also selling buds
Smart marketing
Clear prices and no discount games.
Clear pricing
Do not think so
Their president Charles V has a few legal problems
Finally a fun day in POTN town
If it does pass .... would that mean we might be able to put THC into our oil
That in my opinion is a game changer
We may see some positive news for the sector soon
https://www.investors.com/news/marijuana-stocks-house-legalization-vote-more-act/
Yes they must get great pay and millions upon millions of darn near free shares
I do not recall ever seeing a filing for a filing from insiders buying
If a quarter of a billion shares were converted recently .... well that in another big nail
Wow
Would those shares be restricted for a year
What a sham
What date does the trial for CV suppose to start
I thought it was Dec 12 but do not know where to look
My guess is that they will need to have the Caveat removed before they can proceed with the split.
I’m also guessing this will not happen until the trial is finished or the guilty make a deal
After this happens I expect we will file for uplist ...again and they will go for the split
But then nothing happens with POTN as they should
With the price from the last week a 5-1 split would be much nicer for the bag holders !!
Possibly they are rethinking the reverse
For sure in my opinion there needs to be a reverse
The smaller the better
Timing is everything
I agree
I feel we have finally really reached the bottom
The company has good products and good sales taking into all the factors
From here it is about gaining market share and cutting overhead
I do not know how they spend marketing dollars
Hopefully the new guy who knows about accounting “ bean counter”
Crunches numbers and moves accordingly
At this point we have more going for us the against us
By the end of the year a lot will take place