Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What was said in the pacer that most are missing?
A fair share price would have to be agreed upon. This is a possibility. All depends whether or not Tilray bought up shares. They will take whatever path is most financially beneficial.
C and a B B T. Inevitable merger news and other deals/acquisitions to be announced soon. Tons of shares traded. Low O/S. Expecting a 5-10x this month. Could become a 100x if these dots (which you can see on Twitter) are all connected. We're talking penny stock turned multiple dollar stock much like Alpine 4 Technologies. I expect Cerebain to be a mirror image.
Yeah, we're experiencing the sucky time right now. Cerebain needs to put out an update for its shareholders, even if it's every 10-14 days or something. Other than that, I'm secure with everything.
We should. It’ll be a fight though this week. If we don’t get a promising major bounce into the .09’s tomorrow morning, expect a major grind until news is announced. Of course, if volume increases substantially, it’s probably because it’s finalized.
I agree about the freebies at this price. Solid risk at this point.
Won’t happen. But maybe .05-.07 if we’re fortunate. Probably see that the week of the 18th. Hopefully it’ll be earlier...but this is such a hold-your-breath stock that the hesitancy for folks to buy in at a higher price beyond that - minus some positive info leak regarding jury trial - is too risky. If it’s a jury trial, it then I believe it deserves a .25 valuation.
Typical. Hope everybody got out while they were ahead. Invest in ETH* or GBT* if you’re going blockchain. It was worth taking a good loss on this, rather than waiting for the pump because I 4x’d my money since. Shooting fish in a barrel the way this market is. All except for WISeKey, until now. Glad this finally pumped again for everyone.
LMAO! A bukkake-fest on shareholders at the EOD. Hopefully, if they did dilute further today, they're finally done and we can move back up.
We might have a wall at .085 to deal with, but it should continue to do its thing, slowly eating away at these walls. A bit frustrated with this .0798-.08 wall. That's just MMs trying to get cheaper shares by stacking the Asks when it doesn't need to happen. Later this afternoon, we should push through it. I mean, CDEL is front & center on the Bid & Ask. Let them play their games and let's try to move onward & upwards.
The massive trades that went through at .06+ is very telling. I mean, we’re taking $20,000 single trades. This is beyond impressive. Gotta be folks who know and are ready for the inevitable massive price explosion upward.
What’s the difference in share count between ALPP and CBBT? Could you compare the price per share based off of revenues and actual shares outstanding? Might give us a better perspective of where our PPS should be.
Just a curious question: what was the 100 million share increase used for? Just curious. Don't want to see any further dilution than what was on the report.
Question. I see that Dittmar & her crew created the ClearMask. The question is, does CBBT as a company own the patent, or do they just produce the mask? Just curious because I see posts on Twitter promoting then individuals who created the mask. Thanks.
Can you send the link?
I think many will love it. Many who bought higher will flip out. I expect it though. These MMs have been masterful. Conflate the last tweet with the name Matt Dwyer, and it’s bound to scare folks who know his reputation. Hopefully, he has gotten better at this and is looking to be a legitimate CEO creating a legitimate company.
It’s back to where it originally consolidated before the first run-ups. We had hoped for better consolidation in the .008s but that fell through. I just don’t want people to freak out if it hits the .004s again. It won’t surprise me the way this trades. Good luck to all.
You’re going to see this pull into the .004s and .005s. I’d be happy with the position I have and wait for those to open up. Chances are we won’t hear a thing for the next one or two weeks minimum. This will create further apprehension. I could be completely wrong and hope I’m not because that would sure be a tester. But if I’m looking to pick up more, I’m waiting. It’s the market’s advantage right now. It is a little bit anyway with this stock. But now even more so given the back-to-back(wards) tweets and Matt Dwyer running the ship.
If this goes to trial, Trimax will not be settling right away. They will milk the time and try to get a much larger settlement. So, yes, this could go into March. But news of this going to trial will bring this back up to .05-.10 alone.
Each time, Trimax has kicked down every obstacle in their way. It began with a lawsuit after getting royally screwed over. They completely killed it with their case, at least enough for Tilray, who didn't offer up any rational defense, is offering to settle (albeit for jack, but it's a start), as evidenced by the mediation that resulted in no deal. Next step is to get this to a jury trial, which I think completely warrants it. If this happens, Tilray is screwed. Don't expect Trimax to settle right away, which would put us to February or March. The closer it gets to trial, the settlement amount goes up.
I think folks saw this lined up perfectly for a solid run, namely with last week's filings and the "Holiday" tweet. Then this letter, which should have been done a while back, wasn't done; so it's tanked, and justifiably so. It pains me to say that given I have invested, but we are dealing with Matt Dwyer, who isn't the most reputable of people. Had it been someone else without a shady history, I think we would be doing better than we are now. But folks weigh the positives and negatives, and the negatives are weighing more heavily on the scale right now. It also makes this a much riskier bet than we all thought prior to this. For those picking up shares in the .005-.006s, it could bode very well. Talk about a pay-day! But it could also lead to another hiccup, followed by another hiccup in which this begins bombing out to a lower trading range than this. The next two weeks will test a lot of people. You think this message board is emotional now after today...just wait.
To others, it’s Lucy tricking Charlie Brown with the football again. This “oh wait, we forgot something” moment did do more harm than good. And it’s something I would think is Pink Sheets 101. Faith is being tested here. That’s why I think it deserves a solid, rational explanation.
I would just like some insight into this by some objective individual on here, that’s all. If anyone can explain why the letter wouldn’t have been submitted prior, maybe there’s a rational explanation for it. If there isn’t one, then this is likely why it’s tanking today. I don’t want to assume though until someone can elaborate.
Not sure about how the order goes but I’m a bit confused by this. The first tweet talked about an early Christmas present. Wouldn’t they have had to file the letter a week ago in order for the filing to come through before Christmas? Maybe someone who knows the workings of getting current can elaborate.
The settlement will largely determine the value of the company. I don't think there's much else...at least that I know of. Perhaps someone else has an answer to that question.
A fractional settlement of $25 million, which I don't think is enough, would still put us at a .05 PPS valuation. I believe they're asking for $50 million minimum, which puts them at .10 PPS. Trimax knows their hardline amount in mind where anything below it won't even be considered. I could be wrong, but I think they feel confident given the latest developments. So what they need to say is that they will take a large settlement where no wrong-doing is admitted by either party, and Tilray can move on with their merger. Hell, if I'm Aphria, I'm not doing jack until this is taken care of. And if I'm Tilray, I'm buying TMXN shares as a hedge. That way, they can settle and see this stock run and get their money back. I'm sure some of those Tilray officers are buying this stock...or have someone buying for them.
I plan on buying more below .01. There should be a couple more tests who think they're good at 3-4x right now and believe it will stay in this area with a likely shot to go parabolic. But should this get tested to 2-3x, some will most definitely take profits "while they're still up" and the MMs complete their game. And if one of us is lucky to find that general bottom here over the next 7 trading days left in 2020. Next thing you know, it's January 4, 2021, and we're 21 days away from our hearing.
IMO, barring an impressive settlement offer, no competent lawyer for Trimax will even consider settling in 2020. Tilray will most assuredly feel the heat...yes, January will be Death Valley to them. The only cold being felt will be by Trimax shareholders when we get that cold-hard cash settlement.
I get what you're trying to say. Again, it depends on a number of factors. But in large part, it pumped higher than the market seems to think it's worth; so it crashed back down to the middle area between. .002 and .05. MMs are easily in control right now given there is no settlement and the court date is over a month away. that's a lot of time for MMs to risk going the bearish route on this. And they're doing it, which causes many to sell what you and I believe is too early given the developments at hand. This is better for us. But given the usual instant gratification expected in Penny Stock Land, this is not seen as a good thing to them. Plus, they'd argue it already 10x'd and needed to be tempered. I personally think this is worth a nickel before the settlement. But the market feels differently. Fortunately, volume is substantially lower meaning we'll bottom out here soon before slowly rising back in January. Would like to see a rise sooner, but they've got enough retail investors on their heels. And no one is buying. There is a hesitance right now. I think perspective will return in a positive light to TMXN.
Today's pacer shows in real time we are in promising shape. Tilray knows it was wrong. Now it comes down to how long they will justify to themselves and contend to the judge that what they did doesn't warrant, in their view, some ridiculous judgment or settlement. As the days roll on, Tilray will become more concerned, for they will have to reflect upon their nefarious actions, at which time Tilray will wake up and realize the potential severity of their crimes. Yes, I do believe what they did was a white collar crime. They're hard to prosecute. But in civil court, all it needs to do is pass the smell test via circumstantial evidence. And there is plenty, plenty of it. It will be by this time that they'll have to decide on biting the bullet and settling at a painful but manageable 8-figure deal or let it roll with a judgment from the judge. The roll of the dice could be that the judge believes this case warrants a jury, at which time Tilray is absolutely screwed and will have to shell out 8-figures to settle.
Intense times indeed.
Haha! Thanks. Happy Holidays.
And I think you’re gonna bank. Basically a 10x at a $50 million settlement. If TLRY gets what it deserves.
How many shares outstanding for this company? Any update this month?
I made up my mind. I believe we will be a success. But I will be objective along the way as it relates to those who sell. I wouldn’t call all who sell right now idiots. Some might do well selling here if they’re ahead. They’re hedging a bet against a substantial settlement. And respectfully, that’s okay.
For now. Need to wait for someone to clean up this shell. Been done with many others. I think that’s why folks are accumulating at .0001. Folks did the same with GRDO. Look what happened there. Took 10 years! But I tripled my money after being down for so long. LOL!
Not necessarily. If someone bought low and got weak hands but still 3-5x’d their money, good for them. We could very well be bag holders at the end of it all. We expect differently. And if it happens, we will all be rewarded for having held.
It's going to be a very quiet two weeks; after all, it is the holidays. Expect downward pressure and weak hands selling, especially for 2020 taxes. I expect a rebound in January as we get closer to Jan. 25.
Sure hope so!
Thank you. I know a lot of emotions arise when dealing with a major rise in price followed by a major crash. Folks need to understand nothing has changed. This is a win-or-lose endeavor for those who invest in it. The question becomes whether the facts at hand make it worth investing in. Personally, I believe it's there. Good luck to all.
I'd like to know whether Dwyer is involved or not. Someone said he's no longer in charge. Perhaps someone could clarify. Still, the actions he's taking seem to be in line with what is being filed along the way. So at least that says something.
Good idea. I think it's important for those interested in TMXN to get a full understanding of what's at play here. Penny Stock Land is rife with tunnel-vision mentality and for good reason. It's easy to get caught up in superfluous stuff and lose perspective of the larger reality at hand. Good luck to you.
There is a small percentage of that happening, but obviously at what settlement price is it worth it for Tilray to get that tax break. Probably doesn't make enough sense to them. I think they believe the amount being asked for is insane, and no judge would accept it. Trimax, on the other hand, believes that they feel their value was clearly enough for Tilray to conspire and devise a clearly fraudulent plan to undermine shareholders and bring the company to its knees. Fortunately, we had a shareholder who saw injustice and took legal action on everyone's behalf. David vs. Goliath. I'm sure the judge recognizes this. But a jury, which I believe this case calls for, will easily see through the BS and award Trimax triple the amount of even what we would consider a modest monetary judgment. Punitive damages can absolutely cripple such defendants, and Tilray knows this.
Look at the California law as it relates to damages (and read my further commentary after each point):
3940.Punitive Damages - Individual Defendant - Trial NotBifurcated
If you decide that [name of defendant]’s conduct caused [name of plaintiff] harm, you must decide whether that conduct justifies an award of punitive damages. The purposes of punitive damages are to punish a wrongdoer for the conduct that harmed the plaintiff and to discourage similar conduct in the future. You may award punitive damages only if [name of plaintiff] proves by clear and convincing evidence that [name of defendant] engaged in that conduct with malice, oppression, or fraud.
“Malice” means that [name of defendant] acted with intent to cause injury or that [name of defendant]’s conduct was despicable and was done with a willful and knowing disregard of the rights or safety of another. A person acts with knowing disregard when the person is aware of the probable dangerous consequences of the person’s conduct and deliberately fails to avoid those consequences.
Knowing disregard of the rights of shareholders...even being aware of the consequences of the conduct - Bankruptcy - and fails to avoid those consequences resulting in BK. No question, this is a slam dunk to prove. ADVANTAGE: TRIMAX.
“Oppression” means that [name of defendant]’s conduct was despicable and subjected [name of plaintiff] to cruel and unjust hardship in knowing disregard of [his/her/nonbinary pronoun] rights. “Despicable conduct” is conduct that is so vile, base, or contemptible that it would be looked down on and despised by reasonable people.
Conduct was absolutely despicable. Deplorable. Unconscionable. Indefensible. Yes, it created an unjust hardship to all shareholders involved. Any reasonable person would say that screwing the majority of shareholders for the benefit of literally a few people in on the con is contemptible and vile. Again, a slam dunk to prove. ADVANTAGE: TRIMAX.
“Fraud” means that [name of defendant] intentionally misrepresented or concealed a material fact and did so intending to harm [name of plaintiff].There is no fixed formula for determining the amount of punitive damages, and you are not required to award any punitive damages.
This one might find some technicalities in which they found a way to say it isn't fraud, much like Trump and his collusion with Russia and quid pro quo regarding Ukraine. Any reasonable person with a brain knew he colluded, but for whatever technical reason, there was a speck of grey to not give Trump the heave-ho. Still, I believe there is likely enough communication via emails, texts, etc. to show - or at least to infer - that they intentionally misrepresented the company ESPECIALLY as it applies to their fiduciary responsibilities as officers of the company whose major responsibility is representing shareholders, not the company looking to get a deep discount while hooking the Benedict Arnolds with some payout and perhaps some position in the company. ADVANTAGE: TRIMAX.
If you decide to award punitive damages, you should consider all of the following factors in determining the amount:
(a) How reprehensible was [name of defendant]’s conduct? In deciding how reprehensible [name of defendant]’s conduct was, you may consider, among other factors:
1. Whether the conduct caused physical harm;
2. Whether [name of defendant] disregarded the health or safety of others;
3. Whether [name of plaintiff] was financially weak or vulnerable and [name of defendant] knew [name of plaintiff] was financially weak or vulnerable and took advantage of [him/her/nonbinary pronoun/it];871
Copyright Judicial Council of California
4. Whether [name of defendant]’s conduct involved a pattern or practice; and5. Whether [name of defendant] acted with trickery or deceit.
No doubt, this case meets Nos. 2, 3 & 4. ADVANTAGE: TRIMAX.
(b) Is there a reasonable relationship between the amount of punitive damages and [name of plaintiff]’s harm [or between the amount of punitive damages and potential harm to [name of plaintiff] that[name of defendant] knew was likely to occur because of [his/her/nonbinary pronoun/its] conduct]?
Oh, Tilray & these Benedict Arnolds knew how much harm it would cause to the company. They frickin' sought to bankrupt it. ADVANTAGE: TRIMAX.
(c) In view of [name of defendant]’s financial condition, what amount is necessary to punish [him/her/nonbinary pronoun/it] and discourage future wrongful conduct? You may not increase the punitive award above an amount that is otherwise appropriate merely because [name of defendant] has substantial financial resources. [Any award you impose may not exceed [name of defendant]’s ability to pay.][Punitive damages may not be used to punish [name of defendant] for the impact of [his/her/nonbinary pronoun/its] alleged misconduct on persons other than [name of plaintiff].
Yeah, I believe no matter who rules on this case, be it judge or jury, discouraging this particular conduct in the future will be front and center to the judgment and the amount Trimax is awarded. A small monetary award won't likely discourage companies from committing such fraud. A large monetary award will though. This needs to be discouraged, and it is expected that the judge and/or jury will underscore this point with a substantial award. ADVANTAGE: TRIMAX.
It is in my humble opinion that a jury, being given these instructions, will heavily favor and award Trimax tens of millions of dollars more than Tilray hopes or expects. Should a judge rule on it alone, I believe the judgment will take into account these factors. California law also makes sure that the punitive damages can be paid by the defendant so as to not cause some escape where BK would wipe out such an award. Tilray is a $1.2 billion company. They'll be able to easily afford a high 8-figure or low-to-medium 9-figure deal. I don't expect 9 figures. But a jury might given the egregiousness of what these defendants did. They could have it serve a lesson to Tilray and other companies who, even for a split second, consider devising/conspiring in some backhanded fraudulent plan, that such actions are unconscionable and are to never be attempted.
This little case could be one that is often referenced in the future. Could make a name for the judge presiding as well, positively of course.
Don't know. Sorry. My advice, invest your money in BTC, ETH or DOT before investing in this.