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I was under the impression based on research that they were gonna go after Bothof.
POS better, I hate holding long term but I know this has too much potential to give up on.
Still will be forever dumb founded however how the financials can’t be completed let alone the late Q’s filed by now.
Chart analysis: didn’t provide a chart
Amen to that
“the Company's team now sees additional growth opportunities throughout the cannabis sector, especially relating to intrastate business.”
Budlife? Idk, and I’m just as sick of the word as you are lol
Trump Cannabis stance leads to aggressive Sugarmade expansion:
https://www.prnewswire.com/news-releases/trump-cannabis-statements-leads-sugarmade-to-positively-modify-business-growth-plans-680094003.html
Stop responding to your own posts, you sound like an asshole
They better be focusing 100% attention on the Q’s and getting Budlife out, because other than the FB post and
Mandatory 8k SEC filing for CPA change, it’s vern quiet as church mice.
For 1, you don’t short a stock the day after it closes on a high. 2, .2 is the daily high and any time a short we’re to “pile in” the price would jump higher than their executed price, almost 70% of the time. 3, you don’t short emerging markets. 4, if you read charts you’d see this stock is running sideways with last months candle at eom identical then it jumped to .26 then dipped. History shows it’s cycling and would cycle in the mid .20’s to the teens. It’d be fiscally stupid to jump in at .20 in hopes of a wild dip the day after an announcement.
But you’re probably right. I haven’t been shorting stocks for a long time now so I could be wrong.
I don’t think you understand the mindset of a person who shorts stocks.
Might as well slap New York recreational on that list of bad boys! That’s seeming more and more of a possibility with every week.
Mud, I hope you second guessed yourself and bought in yesterday or today. Monday’s gonna be crunk.
Right in time for 4/20!
*Last January when the company was diluting to get cash.
You’re under the impression that in 3-4 weeks the price of the stock will drop 47%?
Not being an A-hole like normal, just curious where your buy is.
Let’s say the correction is .17, what’s your buy in point if your low doesn’t quite meet.
Hobo Willu is one angry man lol
I’ll drink to that!
Here’s to hoping for some updates next week!
Not a pump, a promise
I’m just kidding lol I feel the same sentiment though
Well I followed up his deleted post with SGMD about to whoop that KUSH ass lol
Who the hell posted on Kush and hurt someone’s feelings ??
Next time you post an all caps post about Budlife with a link I’m throat punching you hahahaha
Got me excited
I for one got a sting in my chest because I read that shit as he was adding verbiage to make all marijuana sales illegal. Basically doubling down on weed laws lol
Full disclosure, if they’re involving the auditors heavily in completing the Q’s, they are doing so to make the 10K filing easy and seamless.
That being said, it’s goig to slow down the Q’s and they probably won’t file them on time. Just being forthcoming. I want the price to explode as much as the next, but I’m not gonna be forthcoming with what might happen.
My pleasure. It doesn’t say a whole lot of anything, so I’m going to try and prove a little bit. I’m getting these responses on Facebook. It’s under their most recent post.
“We have a few major priorities. The first is to provide great customer service and ensure all the orders for products go out to customers in a timely manner. Next is producing the financial reports. With the new accounting firm in place, progress is being made every day. We cannot give you a firm timeframe, but it is a majority priority and the staff is working almost exclusively on this task. Thanks for your patience.“
Reaching out to confirm we’re on track.
By the sounds of it, this is what they are attempting to create/acquire:
https://www.groupfourtransducers.com/application-marijuana-production-sorting-packaging.php
(Not necessarily the company but working on something to do almost identical processes)
We’ll go with that seems like a perfectly reasonable date range.
Mind you, I also don’t know their positioning or workload is.
Can you figure out when their most Recent quarter is due? If so, that’s the cut off date.
That being said, Carrier Enterprises has a 3 day close.
Given the prior two Q’s won’t have BIZRIght but will have much more active Sriracha Stix, I’d say a week or two depending on where they were once the year end was approved.
It all depends on how they started and what procedures they have in place. I can tell you I’m at quarter end so I have to do a. Multi year file to compare forecast to 5 years results, forecast the remainder of the year based on budget and actuals at March end and a 174 tab excel balance sheet reconciliation (each balance sheet item gets a tab).
I’m allotted 2 weeks (1 week for closing and review and 1 week for forecasting). Then 2 weeks to catch up (I’ll still do some daily activities so I don’t fall too far behind) before I do month end all over agin.
That’s me and a little help from a staff accountant. Could it take more? Yeah. It’s all individual transactions for Seasoning Stix, but if you have a template you do the orders based on the day and reconcile the day, not necessarily individual orders.
I’m still under the belief it’s this week, but they may also be tryin to finish the past wuarter that’s do so they release the two Q’s that are late with no BIZRIght and then the one Q that has BIZRIght so they can start actually showing and provinng the revenue numbers.
When’s the current quarter due?
Also, I never go on a tangent, so I’m fairly passionate about how much money the prior post can make. I’ve worked for software companies.... they make fuck you money.
Especially if you can get the software off the ground, forget about $1-5 price.... company I used to work for got bought out by a security software firm publicly traded at over $200 a share. There’s massive money to be made. Roper Technology, that’s who bought them out (On Center Software-Construction software company).
The IT guy is Simon Yu, NUGS CEO. On Facebook they said they’re in the early stages of creating a software or blockchain to track Budlife from harvest to distribution (last parts my words). They also said they’re working on technology to reduce cost of harvest (I believe they said processing and packaging) by cutting time.
Frankly, if that’s true it’d be huge since if they are truly able to show benefits to cultivators that their system cuts down time, increases efficiency and then track the plants... it’d be a hand in hand sale with Budlife which could lead to higher brand loyalty with their BIZRIght products.
Frankly, I’m more excited about this than anything and have no idea how this is not a big deal to anyone. Imagine CREATING a software you can sell and maintain to package with Budlife and charge a monthly subscription fee or something.
Wowza
Sorry boss, wasn’t ignoring you.
L&L also specializes in the cannabis industry. The good thing is they’re in early and can make sure moving forward that Q’s and K is on time.
NUGS also announced when they signed L&L that they were doing so with the intention of uplisting...