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You realize you just said that this is all based on inside information. So it is not so much faith but based on insiders leaking information about the company? That is highly illegal obviously and I have to winder if it is simply to boost the price prior to the heavy dilution.
Those two companies are world's apart from LVVV. First PHOT is a legitimate company with a product that will sell for high dollars no pun intended.
They have indoor growing systems for personal use. Half the people in CO will want one. That doesn't compare to candy chews. I know another company that has a patch and electronic pot cigarettes. Much smaller cap....and we are talking about energy chews here?
Who here voted for the 50% increase in authorized shares? If there was not going to be dilution then why increase the authorized by 50%?
And where is all this cash going to come from????
Not hard to put 2 and 2 together here.
Yes. But the money needed for debt and funding is high relative to cap this finacing can be heavily dilutive.
Not trying anything. They may pick up 2m in debt, plus they owe a million maybe more by now on LVVV plus a million or so for ramping up to service all the locations planned. Takes money to make money.
That was in the filings too because the CEO owns 52% and made it so....the number line up to what tangerine speculated...4-5m sounds about right...
They are not mutually exclusive. He said both things at two different times....but it certainly backs up what Couch noted. And more to the point, it reaffirms what Nasrat actually believes and has said
Actually he said the stock price should be 10x what it was just based on R&D and before we had even entered a trial, let alone had awesome results on two trials...which as most understand drives value in the pharma world.
Also the capitalization of certain words and mispellings just adds to the awesomeness.
Worst company promotion I have ever seen. Let's see:
Yeah we got lots of debt but don't worry about it. Dilution is coming, yeah it will be fine...trust me
That is the company financing plan....faith...I guess you guys weren't joking about that.
If the debtors don't like it then we move on?
That is called bankruptcy and legal fees. Lol
But hey we have a fancy new building. Its nice and shiny.
Then he writes to ignore people bashing on the internet..,yeah like me asking where the money is going to come from....but his answer to that question is honest to god...no joke..."don't worry about it"
And then he says people will be surprised at how much debt there is and how debtors can take it or leave it...,that is pure awesomeness....
Why would we have to worry if it was not that much in the first place and why would it be tough to strike a deal with debtors?
I highly encourage anyone interested to read this piece of "news".
You love these prices. Just wait till the financing. Comes out. You are really going to love the prices....how do you think they are going to keep paying for it? Europe revenues? Where?
The 8k was month old news. Thus the run up...
With what money? All they have is debt and negative cash flow. No cash, miniscule revenues and now more debt from a company that hasn't filed in 2 years....
Yeah me too. Dilutive financing and folks looking to get out prior to the news. 15m cap, big debt, no real revenues and no way to current!y pay for big dreams. Thus far the only answers provided for how it will be paid for it is faith and hope....that is not an exaggeration. And all know this financing deal has to occur and it won't be pretty.
You had a run up on known news and then the sell off...
The CEO is going to tell me about their finance deal that they haven't announced yet? Really? Give me a break.
This is one of the least soundest I have looked into under serious consideration. 90% get thrown out immedately. Ten you have to find that 10% of the 10% to find good opportunities. The play here seems to be wait for the massive dilution and sell off, buy the dip that goes well beyond the estimated 25% discount the finance company will receive or more and then flip because it will spiral down with convertibles.
The question keeps being asked and the answer is faith...
Where will thy come up the millions....but we all know the answer...dilution...and we all know it will be ugly....how do we know? Because that is the only option available except for faith.
Didn't you say you were on the bid. Just buy up the ask....looks to me like wash trading to entice new buyers. Guess faith is not working...
So now you want economies of scale and Limited production for a slow ramp? So far I have this which is an oxymoron and faith as the two reasons too buy the stock...
Great post but you will have a crap load of dilution....no two ways about that. Cap is too small and debt is too large and operating costs will be too high relative to cap. You are easily looking at 40 to 100% dilution. And the terms will not be great. For folks that bought in before the pump, they may be OK but the numbers are not in favor of new buyers.
Best play is to buy after financing is announced and understood.
Probably hoping to short it at higher prices but no one is buying the ask. Why bid sit if it is so great? Just buy up those shares....
And where is the money going to come from?
No one knows.,,,
Look for convertible financing at a deep discount for half the current cap....and we all know what I am saying is true...you know why?
Because it is math and as tangerine noted below....it is not a charity.
I haven't seen an answer to tangerines question. Where are they going to get the 4 to 10 million dollars they need?
The smart play would be to wait until the financing deal is in place at a substantial discount to the current pps of the day then buy when it dips below that because it will be convertible. And then flip a couple days later as longs increase their bagholder status.
It is like deja Vue all over again. Does look like accumulation prior to announcements. Trials, partnerships. That link to the conference discussing their plays for 2014 only reconfirms as expected. Was nice to see. Market cap should be 4x right now...
History repeating itself. Manipulation has been obvious. Institutions buying 40m shares at .25.
Investors conference picking CTSO for 2014
Zach's an others with 2x plus price targets.
Funding in place to accomplish goals.
History does tend to repeat itself....obviously.
And thus your point has been proven I do believe.
So you are saying that the warrants are being cashed in at .30 cents too!!!!!
Institutions obviously expecting big things buying 40m shares at .25 cents and now you are claiming cashing in those warrants at .31 for another 20m shares.
Highly significant I agree. I didn't know the warrants were being cashed too. So thanks for that.
I think the yahoo post is dumb and makes no sense and SEC has rules about it too which would preclude if I even thought it was happening. Which the idea is so beyond making any sense that while I find it humorous to discuss, is pretty silly.
Companies invest $10m in stock at .25 because they think they will make money on the stock not to lose millions in the hopes their warrants 50% higher will pay off.
They invest 10m because the money is going to increase the value of the company which in turn will increase the value of the stock they just bought.
Increasing revenues and starting trials adds incredible value to the company. And as these things occur the institutions will see their investment pay off. That is how it happens in the real world.
Another issue besides what has already been pointed out is that this is 40m shares. Avg volume is very very low,,,just another hole in the theory. Besides it not making much sense to be honest.
I watched. Thanks. CTSO being watched by more than retail....that is what I already suspected.
Of course that is correct. No one throws good money after bad. Plus the money is going to greatly increase shareholder value.
That is correct. .25 gets set as the floor..Manipulators will try and accu!late below the floor and then run it up above the warrant price
Exactly. And the obsession with someone not even at the company..,even more bizarre
That is what it is looking like. I have never seen so much misinformation...its bizarro world like in Seinfeld.
Mitch Lowe comes on board but it is an illusion?
Revenues are an illusion?
CEO buying shares illusion?
New appointees and partnerships an illusion?
Soon it will be Best buy is an Illusion....
Audit and uplisting an illusion...
Studio partnership an illusion?
Bigger revenues an illusion?
But we are here to help....illusion? Lol
http://online.wsj.com/article/PR-CO-20140131-912038.html
He must have been fooled huh?
So how did the NV1 win all those awards and why did all these new execs come on board? Dave Foley did it?
CEO buying all these shares but Dave Foley did it?
All this revenue being generated but Dave Foley did it?
All these folks working for the company but they are an illusion put out by someone not even at the company?
Or is it that the company continues executing on their business plan, driving revenues higher, adding new revenue streams, major retail partnership to be announced, major studio joining up, uplisting.... Which is obvious since they are now a profitable company with rapidly growing revenues....and new execs are coming on board who have national recognition and reputations.
Can you give me the names of the employees that a market maker has hired to spread misinformation about this company?
So you think Best buy is going to be the retailer? And if it is a scam will they use the same magic pixie dust they sprinkled in people eyes that gave them all their awards to trick them into marketing an imaginary product?
Now this is obviously much closer to the truth
Well thanks for warning me over and over and over but the evidence provided is a joke at best. You think the founder of red box came on because it is a scam? Or all the major awards for their products are not real? Did they sprinkle magic dust in peoples eyes to make them see things that werent there?
Did they decide to make up revenues and hire all these people do a grand illusion?
And the story keeps a changing. First it was a relative of the company was secretly selling shares. Then it was the CEO lying on the filings where he keeps buying shares on the open market at market prices. Now the story is the CEO is buying his relatives shares? And if the company is a scam, then why is he buying the shares in the first place?
Your argument was self defeating. You essentially proved the company was not a scam and valuable while trying to say that it was...funny stuff.
Wow. You are saying the company is lying about revenues, lying about products, committing fraud and getting 50 employees to serve as accomplices, the CEO is buying share and then selling for no apparent reason, lying on the filings for no apparently reason....
Also saying they have duped everyone including all those that have tested their equipment and given them all the awards...,,
Just so that CEO could buy and sell the same shares at the same price....
That is some of the funniest stuff I have ever read.
You know what makes actual sense? The company makes 25 million, is about to double that revenue, has a tiny market cap compared to revenue and is about to announce a major retailer and major studio partnership.
Is he the contact at Bestbuy supporting marketing of the NV1 or is he the contact at the studio?
Or is he the accounting person working on uplisting the company?