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Note: a few weeks after the article in the last post, ALEAF doubled in less than a month! There truly are quite a few research firms and analyst's that have followed ALEAF and that have been very positive on ALEAF. Hopefully picking some up here at .70.
When I first started doing DD on ALEAF in early 2019 I came across this article from Angel Publications. ?
Some good info and still relevant today.
Remember some of the stocks mentioned in the article had huge runs but today, as most cannabis sector, these companies are trading way off their highs earlier in the year. Still a good read:
Introducing Aleafia, Inc. (TSX-V: ALEF) (OTCBB: ALEAF)
Aleafia, Inc. runs the Canabo Meidcal Clinic, which is Canada’s largest network of medical cannabis clinics, with 22 locations across the country.
What makes these clinics so unique is that they have the ability to cultivate certain cannabis strains to meet the specific needs of their more than 50,000 patients (and growing).
Thanks to the company’s research database, which contains more than 5 million data points, Aleafia’s physicians can make treatment recommendations proven effective through historical data, creating a faster route to patient relief and satisfaction with strains for specific medical conditions available to patients when required.
This kind of system is incredibly important in terms of treating patients with opioid addictions. The database is now actually being deployed to establish the scientific case for medical cannabis to replace opioids. In fact, Aleafia is currently working with Tilray, which ponied up the cash for the company to study the effects on opioid use and quality of life in chronic pain patients when prescribed medical cannabis.
Aleafia is also vertically-integrated, boasting its own-licensed facilities.
The first is the Scugog operation in Ontario, where the company grows pesticide-free, medical-grade cannabis.
It’s a 7,000 sq. ft. state-of-the-art indoor facility. There’s also 78 acres of developable land that’s intended for a planned multi-phase expansion. There’s also a fully-funded 150,000 sq. ft expansion underway at this location.
Aleafia also has a new location in Niagara, which is fully built and is currently being retrofitted right now to achieve significant production increases and lower operating costs. Niagara will begin production in just a few months.
Here a few more things I like about Aleafia …
1.) Management is top-notch and the team is comprised of folks that have served in senior positions in government and law enforcement. In other words, they’re well-connected to the people that matter.
2.) The entire operation is easily scalable, and make no mistake, as legalization gets closer and closer to happening in the US, Aleafia is setting up shop here. It looks like they’ll be focusing primarily on states that have high opioid addiction rates.
3.) Strong financial position. The company is sitting on $30 million in cash on hand. It has plenty of capital to continue its expansion in a strategic and sustainable manner.
4.) The company has zero debt and does $5M in revenue just from its clinics.
5.) The person who’s working with MariMed – and clued me in on MariMed – is also working with Aleafia. This guy has a knack for picking winners. We’re up more than 273% on MariMed to date. And honestly, I think we could see even bigger gains with Aleafia.
FUNMAN nice to see you here! I have followed ALEAF since late Feb early April, when the stock price was $1.73. A friend over at Angel Publications had purchased shares back in 2018 and was, and is, very high on the company. Motley Fool in past and recent articles, has been very positive re ALEAF stock as well. Saw you were here and had to join in. Looking to enter soon.
Got your PM appreciate it. Very long and strong MEDIF. Great sector and cannabis 2.0 just around the corner. Holding up well today all things considered. I research this space quite a bit, imho its best sector to put your $ in at this point in time. Thanks again man!
FUNMAN, curious as to your opinion on NEPT vs MEDIF. I see you are invested in both. I know this is the MEDIF board and I own MEDIF but thinking about investing in NEPT as well. Can you give me your honest opinion on both....differences, etc. MEDIF has been beaten down more as far as % this year. Long MEDIF. Thanks in advance.
Thanks Ap. All good points and that is why, when I started late last week looking at the 3 CBD stocks, I was SHOCKED to see where CVSI was trading. Lol now I remember you from their board but I remember your posts to be intelligent and witty. You are the Darth of this board. He’s a very smart guy himself. You two remind me of one another in a good way. I like both companies very much. I’ve owned both before. I will own them both again I have a feeling.
I’m super pumped to try plus for sleep. I called SD and spoke to a retail sales person who was extremely knowledgeable.
I really enjoy reading both boards, and the knowledge on both boards, and AMRN board, are the three most informative stock boards imho.
I’m waiting for CVSI to establish a base and move north. I have a feeling I won’t be waiting too long. Thanks again for info man.
KHEMP, you have not lost anything if you do not sell, right? If you are long term I would imagine you will be just fine. I have no horse in this race. I owned CVSI ELLXF and CWEB at same time. I was feeling uneasy and felt I was not diversified enough and too much invested in Cannabis so sold my CBD stocks in early April. I felt then, like all three companies were solid investments, and I still feel that way. ELLXF and CVSI have both been crushed to say the least. CWEB has held up a little better. I am now looking to re-enter the CBD market so I have been researching, reading boards, and just trying to get a feel for where things stand for all three companies. One bothersome thing was the basic hatred I was reading on CWEB and CVSI boards, towards each other? Many referring to each others stock as POS etc. I did not read the ELLXF boards as I felt I would only come back and buy both CVSI and CWEB not ELLFX as much as I like ELLXF. I just thought CVSI and CWEB were better investments for me. I dont really get why both boards continue to fight like that? It does no good at all, quite the contrary. My thoughts are really basic. I see far more analysis covering CWEB and of those, the vast majority love CWEB. I then look at research firms via emails to see what they are hyping (Angel publications, Oxford, Bonner, Investors Place etc) This lets me see who is hyping what, watching volume, etc. Again, the coverage mostly favors CWEB. Then I read the boards and there are some really intelligent investors on this board, I mean, really well versed. I ask myself no way CVSI is not the real deal aside from the fact from my research, and from owning CVSI in the past, and making a little on my sale back in April. My gut tells me its a couple items costing CVSI. First, past management was a disaster and not a whole lot of trust there to say the least. Next, the MJ sector has been decimated for the past 5-6 months. Third not being on NASDAQ has not helped. Add to all that, the FDA handling of the CBD market has been, well, typical FDA. As the past President of a Biotech company in Ca. I have had many experiences with the FDA and I cannot think of one that was pleasant. Add to all of that I suspect you have investors reading boards (they do) and seeing the fighting and disrespectful postings between CWEB and CVSI posters I could see people researching CBD stocks and seeing these posts. Then they go back see more research firms, analysis, pumping CWEB and I just think that does not do the stock any favors. Look I really like both companies for different reasons, I really do. Both boards have extremely intelligent posters. I think the combination of being OTC, price where many equate price and OTC as a bad investment, then reading the boards, and all the above have at least contributed somewhat to the price. Being totally unbiased I think CVSI is still going to be a great long term stock but for some reason all of us forget long term and we start to live in the now and somehow wanting immediate gratification. I also cannot fathom having just one, or a couple stocks, all in the same sector. The market is like a casino, the house always wins unless you have done your research, believe in your research, in your company, in their management and products. If you do then relax, buy on dips, average down, and know your investments. I will have absolutely no problem investing in CWEB or CVSI long term. Both companies I truly believe are long term gems. CBD/HEMP is where the growth will be going forward. You know that. Sorry for the long post but the Bears-Skins game was just to damn boring to continue to watch. GLTA
THCM I thought I would come visit the CURLF board. Good to see you my brother. For the board here, 'thehumanchessmachine' is not only a very successful business man but one hell of a savvy investor. Thinking about entering CURLF again long term. I have owned CURLF since early 2019 in Feb and unlike most other MJ stocks, CURLF is up a healthy 5.82% since early Feb while a vast majority of MJ stocks are down as much as 55% or more. I sold ( I knew better but saw the entire sector be blown up and got out completely.) I was in at about $7.56 and out just under $11.00. I was lucky on my timing with CURLF to say the least, it had nothing to do with anything other than a lucky exit. However had I held like I should have, I would still be up, lol. It was one of my top performing stocks and it killed me to sell it. This time it goes in the vault not to be touched. In all my research with MSOs it has always come down to these two as my absolute favorites: CURLF and GTBIF. I strongly believe the Cannabis sector, MSOs more than any other sector in the MJ space, come back strong starting in October. It all comes down to management, the niche, and strong fundamentals. I feel damn lucky to have a chance to get CURLF under $8.00.
Most of the MJ sector has been red for months? GTBIF has been up over the past month, well over 20%. This is a long term hold for me, day to day pricing means little to nothing with the exception of fundamentals changing...which is not the case here. The stock has run over 20% the past 3-4 week, so of course expect some healthy pull back time to time, this creates great buying opp to add shares. If you are a day, or swing trader with GTBIF, get used to days like this but man look at the big picture! For me, this is the absolute best MSO without a doubt. US MSOs are the best MJ investment going forward, vs Canadian (with the exception of maybe TGODF) I owned GTBIF at the beginning of the year (we are down about 19% since early Feb) and I got out of most of my MJ stocks with the exception of IIPR, months ago. The entire sector has been rocked hard this year as you know. GTBIF is climbing out of the hole and heading North, count on it. I got back in long term now, in late August, at $8.14 and will not look back. I will keep adding shares on dips. Personally, if I am buying any MJ stocks now, management is key. The management team at GTBIF is stellar. Buy dips here, put the stock away, and reap the rewards going forward.
First, i don’t own most of those stocks, i was simply giving real life examples from investors on other boards. I’ll tell you what I won’t post here again, lol. Second, I don’t need to pump stocks, never have. That was a clown post bro. Don’t worry precious, I won’t post again.
Perfect example of a good post, informative, and gives us something to talk about. This is not bashing, far from it. An actual intelligent post with merit. So let's talk about thoughts on these points. This is how we begin to revamp the board with intelligent posts. If you want to see intelligent boards go over to the AMRN CWBHF CVSI MDCO TGODF GH NVTA boards. We have too many good minds on this board, seriously, not to begin to have legit discussions about the state of affairs at EVIO.
Has anyone lately tried calling their IR department regarding our concerns, both short and long? I have no idea if they even have an IR dept? You can actually call TGODF's IR department and actually talk to someone in IR, who will shoot the breeze and offer what they can legally to answer questions that the Investors on the board may have. I do not usually post this much and have not followed if anyone here can be our spokesman and try and call to answer some questions...like WTF, where is some type of communication about all our concerns?! I am afraid if I called, it would not end up well. I do not suffer fools easily.
I am long here, but point out the obvious, as do many here.....that is not bashing that is communicating as a board. There are pumpers here too, but most are just passionate about their investment here and what EVIO could bring. Put on your big boy pants, bring some relevant thoughts to the board, and take your emotion out of it. (even when I recently said management could screw up a wet dream...that was not bashing, that was the honest truth, without emotion) Personally like I have said from day 1, the management here is beyond horrible. In fact it is the worse management I have seen in the Cannabis sector (which has been mostly mom and pops companies in the beginning with mom and pops management teams) Eventually these companies grow, and more competent management teams are brought in. I try to stay away from companies with bad management in this sector. (MMNFF CTST TLLTF to name a few) EVIO was the exception because of the great niche within the cannabis sector. I weighted the good: Great niche, Great sector, good swing trading ranges, and a couple big research companies who are not paid to promote, holding and recommending to their clients to buy. These same firms put out a sell notice couple months back and the stock dropped soon after, to the 20s. These same firms bought back in recently, and are still bullish but cautious on EVIO. The bad of course, was the management at EVIO. I try never to judge management because I was a top executive once, and a lot goes on behind the scenes that investors have no clue about. However, EVIO's management is embarrassing. Every person I have turned on EVIO who I respect as businessmen and women have ALL brought up the inept management! All of them, I am dead serious. It was, and is, a catch 22.
There is a lot of bad blood here, from investors who were passionate, had belief in the niche, and have been loyal followers of EVIO for a few years. Gradually they lost money and hope, got burned by just the most inept management, perhaps of all time (seriously) in this sector. They have EVERY reason in the world to be pissed. Bashing? No, just pissed off at the ineptness of management. There are some very successful businessmen lurking here, and some posting (humanchessmachine). Instead of being a cheerleader with comments that say nothing, perhaps see both sides of the coin and become a better investor. Look, we have a great sector, the birth of a sector. Within this sector may be the absolute best niche...cannabis testing. Especially given the vaping scare, the Oct 17 timeline in Canada etc. Question becomes: can EVIO management get replaced, or can they bring in a new CEO at the very least? Even as inept as this management team is, I do not think even they can screw up short term if we get some news before the end of Oct. (I did say end of Sept but with Canada coming on line for legalization with edibles, beverages etc I will wait to see if that brings us some momo. As far as bashers as you label them; not one on this board I can see, has bad info or views, none. As far as the pumpers I can almost say the same thing. Carter for example always has good points to his posts. Yes he is passionate but he has good intentions and has intelligent posts. I can say the same about almost everyone on this board with the exception of those two clowns who were absolute bashers, last month.
EVIO is a spec play, period, at this point. The stock moves very fast. It is not for the faint of heart. I truly believe in the niche. I truly believe management must be replaced for this to really see its potential. I do not see that happening soon. I am waiting for news and an ER. If enough time passes (by end of Oct) unless fundamentals change, I will move on to another spec play among my long holds. If you want to check out a stock that is NOT a spec play but has gotten so beat up it appears to be, check out TGODF. Another company that has spec potential but is another real company that has changed its fundamentals somewhat, look at PYX. If you want to see how real management connects with their investors look at GTBIF. TGODF also has GREAT management. Everyone has opinions here. Just because they are not yours do not be so quick to label these investors here as bashers. That just make you look foolish. The same goes for those labeling the longs here as pumpers. Lets all share our thoughts to help one another. Its actually ok and healthy to disagree as long as we are respectful towards one another. GLTA
The Glengarry leads suck. Coffee is for closers only, no doubt. Nice reference to the best 5 minutes ever in a movie! Those of you in sales know this movie well. Still holding long. Let's see if another two weeks we get some news and those loan sharks are gone. I am still long for now but everyday I get closer and closer to moving on, as do many I know. Still have faith but that faith is getting weaker with every passing day. IMHO the best cannabis plays long term, are IIPR GTBIF CWBFH/CVSI and TGODF. With a company like TGODF selling organic flower/hemp and the vaping scare going on both EVIO and TGODF should be rocking. The shorts have gotten to TGODF but it just hit its bottom, and they have exceptional management. EVIO on the other hand? Such a shame these ass clowns for management continue to run EVIO. Great niche, great sector, Oct 17 around the corner in Canada.....Still hoping EVIO comes out of this. Long for the time being. Hoping to give this maybe even thru October to see if the Canadian legalization lights a fire under the cannabis sector and it picks up and finishes the year strong. My favorite plays in cannabis right now going forward: IIPR CWBHF CVSI TGODF GTBIF PYX and yes even EVIO. Still keeping the faith but they are on a short leash.
Back in at $1.7142. TGODF is the best company in its niche ORGANIC. You take Buffets strategy and buy top companies in their sectors/niche. Cannabis best of best imo IIPR GTBIF CWBHF/CVSI TGODF. With the vaping scare people will gravitate to organic no doubt, regardless what they understand about vaping. Even the vapers who do understand vaping and use flower to vape (PAX3 for example) will gravitate to organic flower. TGODF is in a class by itself and I cannot believe we can pick it up today at under $2.00. Hell under $5.00 is shocking to me. I have been out of the cannabis sector with the exception of IIPR long. About 3 weeks ago bought back into GTBIF long, and today when I saw TGODF I was shocked to see where it has fallen. The stocks mentioned above I am absolutely sure will be great long term holds. With Oct 17 around the corner TGODF should see stock movement to the upside going forward along with NASDAQ carrot we are chasing. I am more diversified with Retail, Cyber security, Gene sequencing/telemed, biotech (MDCO AMRN) Cloud software. Out of all those sectors and companies I feel TGODF has the most upside mid to long term. I have always loved this company and its niche. Stop loses were essential in Cannabis holdings with exception of IIPR which is a no touch. Now my no touches in this sector are TGODF, IIPR, GTBIF. Looking now at CBD plays CVSI and CWBHF which are both solid companies with solid management, which is essential! A great example of bad management are companies like MMNFF, EVIO, TLLTF, CTST. Of those, EVIO is the best bet and is in a GREAT niche of cannabis testing that even their inept management hopefully cannot screw up. I still cannot believe I got TGODF at $1.71. I put this one away long term now. Feel LUCKY and blessed to be back in at these levels.
You feel bad news is out already and positive news by end of year? Seriously? Based on what? You bought at .40 and you are immediately down over 5% heading toward 10%. What do you base good news by years end? You need to understand that if there is no news by end of Sept many many strong hands will call it a day here and move on. Do you honestly think investors will stick around until years end? With other sectors like energy heating up (ENPH) Biotech (MDCO AMRN NVAX DVAX) Cannabis (GTBIF IIPR) do you really think investors will continue to invest with inept management with absolutely no past history to base that on? Really? If you want some Cannabis history let's look at companies with inept management: CTST, MMNFF, SVVTF, EVIO. What do they all have in common? Bad, mistrusted, management and stocks that are killing investors. EVIO is a mom and pops operation at best with inept management. It is not in the class of CTST or MMNFF or even SVVTF for that matter, and these stocks are going nowhere fast (with maybe the exception of MMNFF) If there is no news by end of Sept you will see strong hands depleting their shares in short order. I tell you what...you stay here and I will take my money in EVIO and put it in NET ENPH MDCO IIPR SFIX TDOC LVGO GTBIF shit pick any one or two, and lets report back here end of year. This is a spec play at best, with bad management. With no news, shit management, no one is averaging down. If anything people are shorting this. Two weeks, and if no news I can tell you I am out, and I speak for many others I know. On the other hand if there is some decent news this will be right back trading at .60-.80. Unless you are truly on the inside no one has a clue with this spec play. Smart money now is on seeing this back to the .20s and playing it back to .40 for a double, swing trading if anyone has the stomach to not vomit in their mouths while buying this stock. GLTA
Like I have been saying, each passing day that management continues to be radio silent this will drop little by little. Bigger than normal volume today a lot of swing and day trading. If we get no news by end of month most strong hands I know will be out of at least their trading shares, if not all their shares. Lesson learned for me is to stay away from companies with beyond HORRIBLE INEPT management. I cannot remember ever seeing a company whose management was as mistrusted as these clowns. The catch 22 is that is such a GREAT niche and sector and time, to be in this field. These idiots could screw up a wet dream. Two more weeks of no news and we will be back to the 20s and no....it will not be a great buying opportunity. Have a great weekend and let's hope for news next week.
You can text me at 916-806-4260 does that work? We can exchange emails. One of my best buddies is Schein Regional manager in your area Brandon Bergman
I appreciate the post Chess. As far as Schein, if you need any help I know most all upper management very well. One of my best buddies Angela Mancusso just retired about the same time I did but she too is in constant contact with Schein so between her and I we can help you out if you need us. I was senior management on the implant side. Where do you reside? Maybe I can help you with the Regional Schein management in your city/town/state. Just ask I would be happy to lend a hand if I can.
As far as EVIO I agree with you, and trust me if I did not like the sector....ok If I did not like this as a momo trading stock, and a lot of my buddies and I decided to take a dip with EVIO and we have made money, most of the time, since Feb of this year. Now we all wait and see long term, what EVIO becomes. I would never have even thought to invest here if I did not think EVIO had some merit, regardless of management Back in 2018 I started following EVIO but never posted on an EVIO board. I do not post on boards much I just sit back in the background and read. This much I do know. If the morons who run EVIO do not post news or communicate to the share holders and another 30-45 days pass most of the strong hands I know will be long gone.
As far as Canadian growers i am very up to date with CGC ACB APHA HEXO OGI CRON. Those are all legit companies that have good long term growth. IF I had to pick one to hang my hat on it would be ACB no doubt, long term. I think OGI has the most mid term potential. Do not over look TGODF. I just think that U.S. MSO's such as GTBIF CURLF and CRLBF are better investments for me. I really like IIPR and like I said earlier, the extractors like MEDIF or NEPT (I like MEDIF for mid to long term growth best) CWBHF and CVSI I plan to own but waiting for entry. CVSI is near year lows and I think is the better play mid term but for some reason it just continues to slide or move sideways. I do like VFF it reminds me of PYX except it grows veggies to instead of tobacco. I just bought ZS after it got killed this week after ER that were not bad whatsoever.I am also big on Biotech now and have MDCO and waiting to buy AMRN and NTLA. Gene sequencing and telemedicine is going to be huge so watch for TDOC NVTA LVGO to light it up long term. Being a dentist you should also look at CERN (medical records on Healthcare cloud platform and healthcare information technology.
What is your first language? You actually communicate quite well. Most people on these boards cannot write much less speak (not EVIO guys...relax)
I really appreciate your post. I too only belong here with three posts a day which is fine. Take Care Chess keep in touch and stay on this board please.
Chess, one quick question. I value your input. Are you saying that you think no matter what EVIO as a testing company will not be around long term in this sector? (this includes being sold, changing management, etc) or....do you just not like the niche/sector. For example I do not like the Canadian growers short to mid term and maybe even long term vs extractors, and MSO's in the US. I think the big gains have been made. Cannabis is a commodity. With the exception of CWBHF or CVSI (CBD/HEMP) commodity driven products rely on price, supply/demand obviously too. If I had to bet on one grower it would be ACB just because they are so diversified and they have not sold out to big Pharma or tobacco companies, and have that carrot of a beverage partner looming. I think of them as I do Henry Schein Dental; very steady growth and very diversified products. (I had the honor of working with Henry Schein helping them launch their dental implant back in the mid 90's....Camlog.)
I would find it hard to believe you do not think the testing companies (EVIO is the only public company I know of for testing) will have huge growth mid to long term. Personally I am not a big fan of investing in Cannabis other than pick and shovels like IIPR KSHB EVIO NBEV GRWG or GWPH ZYNE in biotech, or CBD extractors like MEDIF NEPT VGWCF or the MSOs i mentioned in another post. I think the testing sector is going to be huge and EVIO is the only publicly traded stock that is strictly testing, in this sector (correct me if I am wrong) Really curious to hear your thoughts, as I very much respect your opinion and your respectfulness to others on this board. You call a spade a spade and that is mans game bro.
You have a very good point. My guess is that news will be some announcement or rumor from one of the investment sites, on a date for ER and people will buy on rumor and of course sell on news. This is a spec play and at this point in time, nothing more, nothing less. If you are an investor who invests like Buffet then you pick top sectors and top stocks. (Cyber security PANW ZS OKTA, Cloud software TWLO ZUO, ADBE MFST BABA, APPN, Biotech MDCO AMRN LVGO, Gene sequencing NVTA GH NTLA ILMN, retail SFIX TGT, 5G NOK AMD NVDA MU QCOM ZAYO XLNX etc etc. Cannabis is too damn ify right now but if I had to pick best of best it would be IIPR CWBHF MEDIF GTBIF. My point is that EVIO is a spec play period. Horrible management at best. Can those clowns actually come out with news that drives the stock upwards? Who knows. Its a catch 22 really. Great top sector; Cannabis testing. Great time in history to be a tester and the market is at birth stage so the testing sector will only grow. Then you have as inept a management team as I have ever encountered in my profession or as an investor.
I am confused as to why such smart people here treat EVIO as anything else but a spec play short term. Long term EVIO is golden (maybe not as it sets today but no way that EVIO will cease to exist. Its gets bought out, management finally steps down or gets fired, etc.) So for me its both a spec play with trading shares, and long term shares. Normally I would NEVER invest in a company with such horrible management. This is why I do not invest in MMNFF, the top MSO in the US as far as number of dispensaries they own but management seems to be a bit dishonest so I stay away. I do not know, or think, EVIO management is dishonest. I think they are just in over their heads. I hate true penny stocks but I must have a sickness that has me have to play spec play so I can attempt to thrive on Chaos. Kill me.
One more thought. Today EVERY cannabis stock I follow (IIPR GTBIF CURLF HRVSF NEPT PYX MEDIF KSHB ITHUF TGODF CVSI OGI CBWTF) are down because of ACB ER. The only two that are up are CWBHF and MDCL. So if you include that fact. along with the extreme ineptness and radio silence of EVIO management, and the Cannabis market just being hammered this year, it's a perfect recipe for a huge drop in SP. Today we have swing and day traders driving the price down because of the above mentioned. If you are waiting for news give yourself a set date and if no news than make your decision to continue to invest here or not. I would hate to leave and news hits and this baby goes over $1.00 in short order. I wonder what is the safer bet: betting on the Dolphins or EVIO. Hmmm. I will take EVIO.
I do not think many people here, if any, believe in EVIO management. This is a spec play pure and simple, in a niche, in a great sector, long term. This stock can move quick one way or the other. It is my only spec play I have in my portfolio (I get bored if I do not have one spec play). People are counting on news to move the stock. Like I posted earlier, if news does not come out, and there is no comment from management, ( I use that term very very loosely here) then you will continue to see this drop. If news does come out by end of Sept then this will rock hard. Believe it or not there are very strong hands still here waiting. Little by little, their shares will dwindle if radio silence continues. I doubt that anyone here on this board, believes in management, how could they? This is basically a mom and pops company run by mom and pops management. The industry, the sector, the niche...that is what keeps us here. With the vaping concerns from black market, rogue street venders, selling TCH vapes and Ecigs, testing only gets more important. As Carter has mentioned; with the Canadian legalization of edibles and beverages on Oct 17 or before, testing is even more critical. I think sometimes we look at management, and the extreme ineptness, vs the bigger picture mentioned above. (Of course this management team can drive this stock down to .20 again easily) so you have to ask yourself a question. Do you feel lucky? Well, do ya punk? (my best Clint line)
Thanks man, I do not know if it was spell check or I just spaced it. Believe it or not I am published twice in the Biotech field (Atlas of Oral Implantology by Cranin/Klein NYU 1993/1998 editions chapter 6.)
I think I am just getting old man. Anyway I appreciate you pointing that out. It was late, no....I just spaced it. Like I said yesterday, until news this will drift lower and lower. Its trading at .45, volume is actually up vs this time yesterday. I suspect if management continues to be silent thru September, this will trade back in the .25-.40 range as the stronger hands decide their money can work for them elsewhere. Still long and strong but my patience gets tested as each week passes and no communication. I do not think the stronger hands here will completely abandon EVIO if we go thru Sept without news but I do think many will reduce their holdings. Ask is .46 so I hope some here average down, however I think we are all in waiting mode not adding another penny (pun intended) here until we get news. GLTA.
It is not rocket science and quite simple to digest: EVIO is a speculative play. EVIO has terrible management. EVIO is in a great niche, in a great sector and I have no doubt it will be a force in testing (either by getting sold, changing management, news, all the above, etc). We either will get news (Mass Lab, ER Q1) and the stock will run, or we will continue to get nothing but radio silence and the stock will trade sideways or lower. You have a lot of swing traders here. There are a lot of strong hands. I do not think shorter's would waste their time on EVIO at this point in time. I guess what I do not get are the bears who say they have sold but still hang around spewing their shit. I sell a stock and I have no reason to get back in, I am not wasting my time on a board giving people crap. I get the ones who have been burned, sold, thinking about getting back in, and are on the boards to interact. Then you have bulls who have supposedly hundreds of thousands of shares and they spew their shit. You look at the bears who are not here to see if they want to re-enter. They lost money, they are pissed and their posts you see on boards usually are bashing one company, and usually penny stocks. Then you can look at CWBHF and CVSI boards, two great companies with great products and growth potentials and both companies are great for one another yet...its constant trash talking against one another. With true penny stocks you get this type of behavior more so than a board like MDCO or AMRN which is more science, biotech. It's the way it has been and always will be.
Look guys, this is peoples hard earned money here. I bet a lot of people stay up at night over losing money. Why try and make their lives worse? What does that get you? This goes for bears and bulls here. I only know a few things about EVIO to be true:
1. Horrendous, inexperienced management in regards to investors, organization etc. ( I cannot imagine the clown show once banks start investing, or EVIO were to go to NASDAQ and they had to do the road show with investment bankers. Been there done that, and it's not easy and its certainly not for the introverted management style EVIO now possesses. It's sales basically and you need passion, organization, exactly what EVIO management does not seem capable of.
2. Great niche, great sector with a lot of upside potential for the stock price.
3. A lot of bad blood from the past here
4. Strong hands still hold shares. Some big investment sites promote EVIO. In fact one just mentioned them again beginning of this week in a news letter for paid subscribers. A lot of people follow to the T, what these sites say (when to buy, sell etc) If EVIO continues to be radio silent they will inform their readers to sell. They did it last time EVIO plummeted to .20. They will not hang around forever with no news. However they have strong hands and truly believe news is eminent.
5.I personally know people who have extremely strong hands invested here. I also know those people will not hang around forever without news. The good news is they believe in EVIO the technology. They believe in the niche. They believe in the sector and whats ahead; Oct 17 legalization edibles/beverages in Canada, eventual legalization here in US. They believe news is eminent as do I.
6. Until we get some type of news the stock price will trade sideways or lower.
I am done spewing my shit. GLTA
Chess are you in the dental lab business? My background is Dental Implants.
Really well written post brothcheld! My sentiments exactly. EVIO is in such a great sector and niche. I cannot imagine all the BS you warriors have been thru the past few years with this inept management. (Calling EVIO management inept is a slap in the face to true inept management everywhere)
I think if you step back and look at reality, we can understand that most of these otc companies, are, or have started as, small mom and pops companies.
With mom and pops companies comes mom and pops management (or mis-management in this case). It is you true EVIO warriors who have weathered storm after storm and kept this stock afloat. I cannot imagine the crap you have seen and witnessed over the past couple years. Does management acknowledge you? No. Do they keep you up to date with EVIO investment strategy? No. They are 100% the anchor that is holding EVIO share price down.
I am fairly heavily invested because of the sector, the niche, and the technology. My hat is off to the longs who have weathered the storm, and those longs who got out and are now considering coming back in. We have a solid base at .58 and if we crack .68 we will see the .80s again. If we have an ER date or release, we should hopefully see EVIO over a dollar.
I do have concerns that if we continue to NOT get Q1 ER soon, and continue to have radio silence from management (I use that term so loosely) we will lose some investors.
For an OTC board, there are some really bright and well versed individuals, both bullish and bearish, here.
I am visualizing a management change, and good news on the horizon.
Higher than normal volume today and we have held up quite well. GLTA.
.6399x8160 now.
As the past President of a Biotech company in Ca. I can give you my insight to shareholders of record. Both individual retail investors (you and me) and institutions as well, are all shareholders of record of stocks they have purchased and still own. This is really important regarding dividends for example. You will notice dividend payouts for example, will have two dates; one for shareholders of record by a certain date they have owned the stock (lets say a dividend payout was today but you had to have owned the stock hypothetically, no later than July 10th.) So the two dates for 'shareholders of record' would be July 10th and August 23rd, for example. Investment houses such as ETRADE are NOT shareholders of records, you the retail investor are the shareholder of record.
I hope this helps.
Go EVIO!
We actually need all the weak hands to shake out. I cannot imagine anyone ignorant enough to day trade this now....once news is out this will move quick. Below is a VIP member who sent me this months thoughts on EVIO with his investing group: (There are STRONG hands holding shares and awaiting news like we all are. No shorts on this board have enough strength or following to move the stock.)
The group below have the shares, and the following of investors that follow them, to drive the price up, and fast.
EVIO, Inc
(OTC: EVIO)
What It Does: EVIO provides analytical testing and advisory services to the cannabis industry in the U.S.
Wealth Advisory Earnings Grade: D
• Missed expectations in two out of two quarters.
Headlines:
• EVIO launches EVIO Labs Costa Mesa.
TWA Bottom Line: Since I practically begged everyone to buy shares in June, EVIO has run from $0.20 up as high as $0.85. This month, it started around $0.45 and even after dropping late last week, is still up nearly 30% since the last issue. We’re still waiting for the financial reports to be submitted. But I’ve been assured (and continue to be) that management is working with the auditors and is optimistic that all audited reports will be submitted very soon. That news will spark a major rally. And a positive repot will send shares skyrocketing. We advise buying before that happens.
EVIO, Inc. (OTC: EVIO) is still a “Buy” anywhere under $1. The 12-month target is $2.25.
This article is from the research group (Angel Publications) I posted about couple weeks ago. They have a lot of followers who are invested LONG with EVIO. There are more than enough strong hands from this investment site, and their followers, to move the stock. The author of this article is who spoke to Lori at EVIO, back in mid June when she told Jason (writer of article) that within weeks, not months, there would be earnings report. Now maybe she thinks 8 weeks is in fact, weeks but....it's also months, so here again....communication and transparency comes into play. There are a lot of strong hands holding EVIO shares LONG and are awaiting like all of us, on at least a date for earnings. I would think at least an earnings date will be announced before months end or we now go into Sept with no news and that could cause some weak hands to unload. Bottom line is EVIO is in a great sector for growth, and also a great niche within the sector. If news does hit this week or next I expect EVIO to climb to at least a dollar but then expect some selling on news. I to bought more EVIO recently.
I would hope we get news on management change. Wishful thinking yes but I am also manifesting and visualizing it, lol.
This board has some characters, lol. I bought twice today as well. From the outside looking in; I see people who have been into EVIO for a long time. Some have made money and some have lost money. The people who have been burned are passionate and pissed, and the ones who totally believe in EVIO are passionate as well. I do not think EVIO has enough volume to be manipulated by shorts other than the negative comments on boards. Take that plus the market atmosphere and you get the volatility. I know all my contacts are holding and not trading out their trading shares until an earnings date is announced. I expect to see EVIO past $1.00 on that news. As good a play as EVIO may be short or long term, it is absolutely a speculative stock with low volume. As long as the investors of EVIO that I know, hang tight, waiting for an earnings date, EVIO should stay between .58-.78 would be my guess. Just the investors who follow publications like Angel Pub, can move this stock. Angel put out a 'sell' EVIO back in March/April (I forgot which date) because of no reporting. I sold my trading shares next day and EVIO eventually dropped to .20 cent range soon after. Then these same investors called EVIO directly and spoke to Lori about reporting date etc and bought back in. Shares started to rise. Do I think it was those investors responsible? No idea but I do think they had some effect on the pps. Another publication called 'Investors place' with Matt McCall put out an email last night pumping Dixie Brands. Its up 11% again today. Do I think they were responsible? Not necessarily but they do have a large following and I guarantee you people bought today because of them. Carter was in long before that email so big kudos to him! At this same time a lot of my contacts also bought back in because of their DD and quite a few because of Angel Publications has picked EVIO as best stock to invest in the past 45-60 days.
As far as I know they are all in, awaiting news. Transparency is not a strong suit of EVIO management. As is stands right now, in my opinion, on days like this where DOW, NASDAQ, Cannabis OTC, are just getting slaughtered, expect a sell off. Great time to add shares imho. My avg buy in price now is about .50 after todays buys. I was at .42. Anyway I see both sides (bears and bulls re EVIO) and both sides have good arguments. Stock investors are like sports fans. They love their team and hate the competition. If their teams get beat in the playoffs (especially if they lost money betting) then they become pissed and negative.....same with stocks. Plus...its our money man! So everyone ease up on the personal attacks if possible. This is a good board and I enjoy lurking. You all are characters!
I mostly invest in 5G AI, IOT, genetic sequencing, cloud cyber security....you get the picture. I look at management first and foremost. From what I have researched, I do not like the management team for various reasons that have been said over and over on this board. Here is the reality from my perspective.....there are a lot of lurkers who have EVIO long as I do. We love the sector (cannabis and testing). There are people holding shares that I personally know who could absolutely drive the price up or down if they sold or bought in large buys/sells. Most of them have trading shares and shares to hold long. Right now they are all still long and awaiting NEWS on a date to announce earnings etc. When that date is announced (the date not the actual earnings) EVIO will go up past $1.00 on just that news. (the ol buy rumors sell on news) So i expect to see EVIO run well past a dollar then I expect profit taking on the actual earnings report. The only cannabis companies I am invested in are IIPR, CWBHF, and TGODF. TGODF and CWEB both reported earnings this week. There was an increase in volume and share price up to earnings then the sell off. Unfortunately the earnings occurred as the market is getting hammered today. As I have written this post EVIO has gone from my buy at .61 to .64. (.63997)
Carter is correct, buy on dips. You should have also taken his advice on Dixie. :) Anyway just lurking and wanted to say hi to the board.
It really was surreal. The thing I could kick myself in the butt for is that we stopped using the Rick Simpson after her bout with breast cancer, and she went into remission. I strongly feel had we just kept treating her for maybe another 3-6 months, with less treatments, but consistently using the oil, she would have beat the oral cancer. The oral cancer was so brutal. We had it cut out and the very next day it was back! I am not kidding. Not sure if the RS Oil wold have had any effect.
Since I first started investing in Cannabis I knew I only wanted the best of breed, IIPR, CWBHF, TGODF (great organic niche) Beyond those three (not including pharma such as ZYNE or GWPH etc) its a crap shoot. I am more invested in Gene Sequencing, AI, 5G, IOT, cloud security, telemedicine.
I do love me some CWEB!
DarthYoda, I am long time holder of CWEB. I have no idea if this is relevant or not but thought I would share. First, my background is biotech. I just retired in July last year, as President of a Biotech firm in Cali. Please research 'Rick Simpson Oil'. This saved our labs life and also a close friend of ours. My lab ended up getting breast cancer, stage 4. We treated her with Rick Simpson Oil, which is high CBD/TCH for killing tumors. We began treating her two weeks before she went into a comma with 105 degree temp and basically lying in her own urine, completely non responsive. We took her to our vet (personal friend) who told us it was cruel to try to keep her alive in these conditions. However I had been researching Rick Simpson Oil for about 6 months prior from the recommendation from a colleague. People who ha success treating tumors with the oil had agreed it took 4-6 weeks to start working its magic. It comes in 1-3 gram vials at the time. We used about 1/4 gram each application as I recall. It has a consistency of tar for lack of a better way to describe its consistency. Anyway, I had my vet give her antibiotics and her fever went down. Long story short....after 4 weeks the tumor (was visible and the size of a baseball) went down to the size of a marble and she was back to her old self chasing squirrels, eating, fetching balls etc. She was in remission! Now I should state we force fed her organic food with a lot of olive oil, and water for hydration. She lived another year but died of oral cancer a year later. That one year extra she lived, was a miracle. A couple months after her recovery a very close friend was diagnosed with stage 3 ovarian cancer and given 18 months to live. Her tumors were too big to remove. She was treated at UC Davis medical Center in Sacramento Ca. She had never taken any CBD, THC, edibles, etc. She was beyond skeptical but after showing her videos of our Lab (which she knew very well, she agreed to take the Rick Simpson Oil as a last alternative to living.) Rick Simpson Oil is high TCH content along with the CBD (+70-90%) and basically wipes you out) You can take it orally by spreading on your gingiva which is the easiest way. With our lab, we placed it on the tumor directly (it was on her breast) and on her gingiva, and eventually the tumor broke open and we placed it directly inside the tumor. For our friend she simply placed it on her gingiva and it knocked her out to say the least. She went back for her 6 week check up and was asked what she had been taking. Not wanting to admit to anything, she told her doctors she had been doing nothing different. They replied "its a miracle then because your tumors have shrunk to the size that we can remove them. She has been in remission for over four years! I would think CWEB CBD along with an organic THC would be an amazing study. I can tell you honest to God, the two stories above are truthful. I have no idea if this is relevant to this board but at the very least do yourselves a favor and look into Rick Simpson oil.
Gangsta I could not agree more. These small Cannabis companies are often times run by people who are not fit to run the same company as it grows, to say the least. If you want to see why SVVTF or MMNFF have gone nowhere but down, look no further than management at the top. CTST is a different story, good communicator, good vision, but a maverick who got caught with the 'greed' syndrome. You will never grow the business long term, with shitty management. The absolute worst type of management to me are those who do not communicate, and those who are late reporting to the board, or worse, to the market. EVIO has both problems. That in itself will not hold the stock down short term, unless we go into September with no reporting, no communication, and God forbid, EVIO misses expectations like the last two quarters that were reported. I do not see that happening but that is based on faith, and faith is not exactly a precise mechanism to drive stock price. lol. The Cannabis sector is just in its birth. The companies today that lead will not be the ones tomorrow. Big Pharma, Tobacco, Beverage, etc will own these companies in the years to follow. The US MSO's (CURLF, ITHUF, GTBIF, HRVSF, CRLBF) will be where the money is made in the MJ sector but.....CBD is where the game will be played. CWBHF will lead that charge. Right now, we the retail investors, are being played in the Cannabis sector with the exception of these smaller companies such as EVIO, CBWTF, ETC. BUT... If you are a top CANNABIS producer, cannabis ONLY SALES. the top 10 US producers are getting manipulated big time. The top 10 currently are: TCNNF, KSHB, GWPH, MMNFF, CURLF, SVVTF, GTBIF CWBHF, CRLBF, HRVSF. To be successful with those I think you step back, let the markets settle thru Sept and then hold long term. To swing trade these is insane. We are being manipulated and most do not even realize it. EVIO is not there yet, but once the revenue starts coming in, it will be. Trust me.
GanstaRIB, I agree completely. EVIO has great upside. However, their management team to me, leaves much to be desired. MMNFF SVVTF CTST EVIO had, or have, the worst management teams of the cannabis stocks I follow. Mind you I am into CWBHF IIPR EVIO, and some MSOs, in the cannabis space, but mostly I tend to study and follow 5G, AI, Gene sequencing, IOT, Biotech (my background. I just retired as the President of a biotech company in Cali last July. That is what I base my management critique on....different industries yes, but man you have to be transparent with investors. You have to have communication skills. Radio silence will kill momentum.)
There are a lot of EVIO longs who are invested, and follow Angel Publications, and they have quite a few EVIO shares, enough to move the stock, believe it or not. I am long EVIO and think once the financials are out Carters predictions will be right on. The problem is EVIO (Lori) telling investors I know, in phone conversations they had with her, that financials were just weeks away IN MID JUNE, then radio silence almost 8 weeks later. No investor updates has killed momentum. No matter.....a lot of longs are holding EVIO who are not on this board and once a date is set for financials to be out...then, EVIO will rally past a dollar IMHO, on just that news. If the news is what we all expect, look for this baby to go past $2.00 FAST. We know recently, there were two licensing deals worth a million each, with upfront payments of about $500k, correct? Its all good I expect EVIO to hit $2.25 sooner than later unless....management continues to delay and radio silence continues, and, or, the financials are disappointing.( I do not see that, fingers crossed.) Be prepared once an earnings date is set, for people to sell on news. I think Carter put that out there as well and he is spot on. Right now people have bought on rumors or hopes of earnings. (Buy on rumor sell on news is common)
Last, I read this board most every night. I am not a big contributor as you have all been invested in EVIO far longer than me. You have more relevant views and do not need a new-be trying to be relevant. I very much enjoy the dialogue, very entertaining.
Long and Strong EVIO
This was an article from one of the main analyst at Angel (wealthy advisory) that was on Yahoo couple weeks ago:
https://finance.yahoo.com/news/evio-inc-evio-2019-top-100000508.html
I meant to say that Angel, in one of their portfolio's, dumped some shares because of no updates, reporting, radio silence etc. The other portfolio has kept their shares long, in tact, These guys are not dump artists and I may have given that idea on my last post which was not my intention what so ever. They re invested in stocks in every sector, from PANW to NVTA, from ZUO to BAC etc. They are the real deal.
I am not a big poster on boards anymore. To much drama and I am the absolute worst at suffering fools. I find this board amusing, and lively. EVIO is really my only speculative stock I own. I have to have one or I get bored. :). My other MJ pick and shovel is IIPR which I have owned for awhile and really like. My only other MJ play is CWBHF. Eventually I think that MSO's in 2020 will come back strong. (GTBIF/CURLF/HRVSF/ITHUF/CRLBF My background is biotech and most of my holding are biotech related, 5G, AI. ENERGY, etc. EVIO was a stretch but damn glad I found it and invested in it.
Cheers,
Cure
SuperClear, I have been reading this board just for the past two weeks. Typical stock board, reminds me of the raging bull boards back in the day. Anyway....I have owned EVIO for past 7 months. Actually the analysts at Angel publishing turned me on to EVIO in early February. I have long shares, and shares I have sold when I was up 20-30+ % and bought back in on dips. I know that Angel Pub has EVIO in two of their portfolios. My guess today was someone or some entity, unloading shares to drive price down only to re buy tomorrow. I can imagine someone, or some entity, buying in at .25-.30 and unloading today for a triple bagger only to rebuy tomorrow possibly under .60. Not a bad move actually. It still seems to be in the mode of buy on rumor sell on news. I have no idea. But....here is an article from Angel Pub yesterday:
Finally, I promised an update on EVIO. I’ve reached out to my contacts in Henderson and gotten a little color. But again, they’re not able to tell me exactly when the reports will be filed.
So I’ll just tell you exactly what I’ve been told:
Management and the board of directors are working directly with the principals of the new audit firm to complete the annual audit and 10K. We believe the audit should have been completed by now and have developed a detailed action plan to drive this to immediate closure. As previously mentioned, the numerous acquisitions completed in the prior fiscal year created extensive complexity and dependencies that had to be addressed prior to the auditors being able to move to the final stages of their audit.
So, basically, I got told the same thing as before but in different words and with one detail I didn’t hear last time.
Management and the board are working directly with the new accountant to get this done ASAP. That’s a lot of muscle and influence showing up at the audit firm. And it should encourage them to get the reports out very soon.
But while we’re waiting on the reports, we’ve seen EVIO come back from around $0.20 to over $0.70. And we have some other good news to tide us over.
EVIO has a new lab in Costa Mesa, California. It should be ready for harvest season.
The Massachusetts lab is nearly ready to start processing as well. And the lab in Portland that had some issues from the early 2010s hanging over its head is in the clear to keep operating.
Plus, the company recently inked two licensing deals with operators who paid $500,000 each upfront to get access to the EVIO brand.
I’d say we’re still looking pretty good. And if you took my advice and added shares in the $0.20s, you’ve tripled your money in just a few weeks.
When the reports do come out, we’re going to be starting the rally from a much higher place. And that means the rally’s likely to take us even higher than I’d hoped.
I hope this helps to take a little edge off. I am anxious as all of you and have no idea what to think other than my gut and the really savvy people I know who are now invested in EVIO, Angel for example dumped their shares when the big melt down just happened. I do not think they dumped their shares this last go round. These guys are very well read and as savvy in this market environment as one could hope to be,
Stay long, stay strong,
Cure