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Yep, yet another SPAC born public company that's in the toilet, I fore see a reverse announcement coming very soon, given they've received a listing standard Notice form the NYSE...
I would love to see Michael F, grow his business as intended. It was nice to see his letter to shareholders & acknowledging shareholders. All we can do now is wait and see what he has in store for us.
GLTA
Let's not jinx it...
NO!!! Only upward, got to scale the rest in. LOL $.05 and beyond anyone?!?!? This could that fall/winter sub-penny that makes everyone's holiday...especially those that been just hanging onto shares forever...LOL
Monday is when the fire should happen...many will find out over the weekend...but could go either way. I have no idea the status of CATV as company anymore. I just saw the share light up in my portfolio. LOL
Yep, I have no idea what William Waldrop "@whwaldrop" is doing. But I "HOPE" he is doing something other than twiddling his thumbs or scheming to rip-off shareholders, this is the pinks/otc. LOL Seriously though, getting pink current with some great news and follow through and this could be off to the races. Maybe this can be one of the those fall/winter movers, seen plenty of those movers around these parts.
GLTA!!!
September 15, 2023
Q3 2023 Cash Dividend of $1.80 per Common Share Contributes to Aggregate of $7.20 per Common Share Declared in Last Twelve Months, Up $0.40, or 6%, Over Prior Twelve Months
SAN DIEGO--(BUSINESS WIRE)-- Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a third quarter 2023 dividend of $1.80 per share of common stock. The common stock dividends declared for the last twelve months of $7.20 per common share represent an increase of $0.40, or 6%, over dividends declared for the prior twelve months.
Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% Series A Cumulative Redeemable Preferred Stock.
The dividends are payable on October 13, 2023 to stockholders of record at the close of business on September 29, 2023.
Unfortunately, not much communication coming from EVIO. The last tweet was on Jul 21: "EVIO Financials Update. I have hired an accountant to help with getting last two quarters filed. Should go pink current once filed."
It's been less than 2 months with no change in status since that tweet, not that unusual with these sub-penny companies. I give it a good 3 months before thinking it's a complete bust. But could be pleasantly surprised, fall, winter plays within the sub-penny world is pretty common and got nothing to do with the big boards. Just need this to go "pink current" with some decent news...a buyback at these levels for the company would be awesome. Wishful thinking, YEP...that's about the only strategy for those on the outside. The rest are insiders pumping. I jsut hope I get a peice before the pumping starts. LOL
HOPE...ain't that we do around these parts. LOL I got some shares and I HOPE to cash them in one day...LOL
Hopefully, 1 day we get similar type of news regarding with RGTI, see below...LOL:
Off Topic: NOV popping today "obesity drug Wegovy reduced the risk of a major cardiovascular event like a stroke by 20% in overweight or obese people with a history of heart disease, exceeding expectations from a key late-stage trial." And LLY is soaring, also. After issuing one of its best earnings reports in recent history that featured its strongest top-line growth in over five years, Eli Lilly (LLY) is soaring to all-time highs. The pharmaceutical company's impressive beat-and-raise performance was primarily fueled by just a few drugs in its portfolio with Mounjaro especially standing out.
We shall find out on Thursday, after market close, conference call...no more pops, overall market is too jittery, banks downgrades today...
Patiently waiting for????
At this early stage, not really about earnings so much about the way forward, diluting (raising cash, they already said they needed to raise cash by late 2024/25) hopefully this does not change to earlier timeframe, managing current funds, etc. And if they are on track with their projects as mentioned in the previous quarter. Much of it is techy jargon so hopefully it means something to the larger investment firms going forward. And higher revenues will be good news.
Great accumulation point...
Meh, needs a healthy pullback...for those new to RGTI...always good to accumulate shares around these numbers. I would not be surprised if it pullback to $2.50 before steeping back up. And really, for me this is one of those types of stocks, accumulate to one's own risk tolerance and then forget about it for the next 5 years. And when options expand on this, play it there.
Well, the same tech will be creating it, also. But it will make the current encryption tech obsolete. Hopefully, RGTI is somewhere in this race, this is truly the ground floor. If it is successful, RGTI as stock will move fast and not take 20 years to make my reasonable initial investments dollars into a true retirement fund.
Kinda of fluff piece by "InvestorPlace" but always nice to see a stock one's in, in these pieces, the RGTI part: Link to full article: https://investorplace.com/2023/07/if-you-can-only-buy-one-quantum-computing-stock-it-better-be-one-of-these-3-names/
RGTI is a full-stack quantum computing company that designs quantum chips, integrates those chips with a controlling architecture and develops software. This quantum computing stock should definitely be on your radar.
Rigetti’s competitive advantage lies in its focus on hybrid quantum-classical computing systems. In short, it wants to give consumers the best of both worlds. It aims to accomplish this through the release of its Ankaa-1 84-qubit system. Once it has built significant traction with its release, it will attempt to capture a quantum advantage over its competitors.
The company also recently entered into a collaboration agreement with ADIA Lab, an independent research institute based in Abu Dhabi specializing in data and computational sciences. The partnership aims to design, build, execute and optimize a quantum computing solution.
Looks like DNA is getting a lotta love from this news...
June 15, 2023
Q2 2023 Cash Dividend of $1.80 per Common Share Contributes to Aggregate of $7.20 per Common Share Declared in Last Twelve Months, Up $0.70, or 11%, Over Prior Twelve Months
SAN DIEGO--(BUSINESS WIRE)-- Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a second quarter 2023 dividend of $1.80 per share of common stock. The common stock dividends declared for the last twelve months of $7.20 per common share represent an increase of $0.70, or 11%, over dividends declared for the prior twelve months.
Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% Series A Cumulative Redeemable Preferred Stock.
The dividends are payable on July 14, 2023 to stockholders of record at the close of business on June 30, 2023.
About Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. Additional information is available at www.innovativeindustrialproperties.com.
https://investors.innovativeindustrialproperties.com/press-releases/2023/06-15-2023-120056506
I think it might the AI bandwagon move. Quantum computing should be the go-to Semiconductors somewhere down the line in the future. I'm in no rush, I's like to see RGTI grow itself organically the likes of AMD, NVIDA, etc.
Excerpt from May 11 2023 1st Quarter 2023 results:
"I'm pleased to report that we believe we are on track and progressing toward the nearer-term strategic priorities and technology roadmap we announced in February 2023. Following the implementation of our updated business strategy we announced in February 2023, which is designed to improve our focus, operating efficiency and preserve cash resources, we are starting to see positive impacts," said Dr. Subodh Kulkarni, Rigetti Chief Executive Officer.
The Company's next generation 84-qubit (Ankaa-1) system, which is built using new architecture of a square lattice and tunable couplers was deployed internally within the Company for testing in March 2023, is achieving 96-97% median 2-qubit fidelity and 65-70 nanosecond gate speeds based on the Company's internal testing. The Company's prior generation 80-qubit Aspen M-3 system achieved 94-95% median 2-qubit fidelity and 185-190 nanosecond gate speeds.
"We believe these metrics demonstrate the superior performance of Ankaa-1 as compared to Aspen M-3 and confirm our belief that the chip used in the Ankaa-1 system is a leap forward in architectural design," said Dr. Kulkarni.
As previously disclosed, the Company currently anticipates launching Ankaa-1 to select customers in mid-2023, as we continue to work to improve Ankaa-1 performance with the goal of reaching median 2-qubit fidelity of 98% to support the anticipated Ankaa-2 84-qubit system. The Company's Ankaa-2 84-qubit system, with anticipated improvements in design and performance, is expected to be deployed and made available to external customers in the fourth quarter of 2023. The Company remains committed to working to achieve 2-qubit fidelity of 99% with the anticipated Ankaa-2, which we expect to be achieved in 2024, and development of the 336-qubit Lyra system thereafter.
Rigetti recently released the results of application and development work that demonstrates the progress the Company is making towards improving its hardware and software capabilities, which we believe reflects advancement towards potentially achieving narrow quantum advantage. Using quantum-inspired classical simulations, we were able to demonstrate the computational power of quantum methods compared to the classic alternatives.
"At our current stage of development, we believe that executing toward our roadmap and achieving our technology milestones are key to fueling our goal of achieving quantum advantage. We remain focused on meeting our objectives," said Dr. Kulkarni.
Based on its current operating plan, Rigetti expects to have cash, cash equivalents, and available-for-sale securities of between $65-$75 million at the end of 2023. At this time, based on its current operating plan, Rigetti anticipates that it will need to raise additional funding by late 2024 or early 2025 to continue its research and development efforts and achieve its business objectives. This estimate reflects Rigetti's current business plan that is based on assumptions that may prove to be wrong, and Rigetti could use its available capital resources sooner than it currently expects.
Looks like it may finally bottom-out, having a few days of upward movement. We shall see if it holds...
While I would love to agree and be bullish, I see RGTI is pushing for a 1 for 10 reverse split. Then I'm sure somewhere in the filings there is add shares, raise funds, etc. etc. RGTI had no business going public, these folks simply took advantage of the SPAC hoopla and we all fell for it. SMDH.
Will crash by end of day...
Something positive is going on here...typically plays like this one do well while the big boards are in havoc mode, worth the roll of the dice. : )
Innovative Industrial Properties Declares Fourth Quarter 2022 Dividends
December 15, 2022
Q4 2022 Cash Dividend of $1.80 per Common Share Contributes to Aggregate of $7.10 per Common Share Declared in 2022, Up $1.38, or 24%, Over 2021
SAN DIEGO--(BUSINESS WIRE)-- Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a fourth quarter 2022 dividend of $1.80 per share of common stock. The common stock dividends declared for the year ending December 31, 2022 of $7.10 per common share represent an increase of $1.38, or 24%, over dividends declared for the year ended December 31, 2021.
Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% Series A Cumulative Redeemable Preferred Stock.
The dividends are payable on January 13, 2023 to stockholders of record at the close of business on December 30, 2022.
About Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. Additional information is available at www.innovativeindustrialproperties.com.
http://investors.innovativeindustrialproperties.com/press-releases/2022/12-15-2022-120102944
Declares $0.56 dividend per share for the quarter ending December 31, 2022
WEST PALM BEACH, Fla., Dec. 15, 2022 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced its dividend for the quarter ending December 31, 2022.
The Board of Directors of AFC Gamma declared a quarterly dividend of $0.56 for the quarter ending December 31, 2022 per outstanding share of common stock, payable on January 13, 2023 to the common stockholders of record on December 31, 2022. The December quarterly dividend represents a 12% year-over-year dividend increase.
About AFC Gamma, Inc.
AFC Gamma, Inc. (NASDAQ:AFCG) is an institutional lender that provides a range of lending solutions primarily to established operators in the cannabis industry. AFC Gamma primarily originates, structures and underwrites senior secured loans and other types of financing to operators in states that have legalized medicinal and/or adult-use cannabis. AFC Gamma’s senior management team has over 100 years of combined experience in investment management and disciplined credit investing across a range of economic cycles.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the company’s current views and projections with respect to, among other things, future events and financial performance. All statements other than historical facts, are forward-looking statements. Words such as “believes,” “expects,” “will,” “intends,” “plans,” “guidance,” “estimates,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions and are not guarantees of future performance, conditions or results. Certain factors, risks and uncertainties discussed under the caption “Risk Factors” and elsewhere in AFC Gamma’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings, could cause actual results and performance to differ materially from those projected in these forward-looking statements.
https://investors.afcgamma.com/news-releases/news-release-details/afc-gamma-announces-fourth-quarter-dividend
Yep, RIDE (Lordstown) Steve Burns, like that fraud Trevor Milton from Nikola should be in jail. I don't think that of Peter Rawlinson of LCID. But as I said, it's already an uphill battle and more and more road bumps are getting in the way. Now that LCID is well into single digit territory the share structure will not improve anytime soon, actually it will be diluted even more. I think restructuring will eventually happen...when no idea...I don't wish it...in any case, I'll most likely just hold onto this until the tax loss is forced on me. So, there's just a glimmer of hope. Yes, HOPE, cause that's all I got for a bullish argument. LOL
If those would be buyers think recession is looming not this current one that is constantly argued over. Then I don't see those buyers rushing to get their hands on this luxury vehicle. Unfortunately, LCID has not only an uphill battle but many road bumps along the way. I'm taking a beating on this one down over 60%, but not going to tax harvest. Nor will I buy more to average down either, even at sub $5 prices. Feeling Humbug. LOL
This guy does, seriously he does...
https://twitter.com/SharkInvested
HEY, using Mr. Rogers clown mask in this way is sacrilege...just saying.
Craziest stock move ever...15 Jul 22 lists & trades: $12.05 - $19.70, 2 Aug 2022 hits a high of $2,555.30, 10 Aug 2022 close at $217.60 then bounces around a touch a high of $385.00 on 15 Sep 2022 than fizzles to current price of $17 - $18ish (30Nov2022 mid-afternoon)...just insane.
I also bought a bit at current lows, averaged down quite a bit from my initials buys from year ago (Dec 2021). A gamble here, but I'm willing to stay-the-course and bottom fish for a few more shares and wait it out. Let's hope the new year brings DNA some decent upward movement.
https://www.marketscreener.com/quote/stock/GINKGO-BIOWORKS-HOLDINGS-127173269/news/Berenberg-Bank-Initiates-Coverage-on-Ginkgo-Bioworks-With-Buy-Rating-4-Price-Target-42427724/
I'm guessing the experienced already made tons shorting this. I highly doubt this will get any upward traction with a reverse split looming along with an increase to 5 billion authorized shares to be voted on next month.
Proposal No. 1?—?An amendment to the Company’s Second Amended and Restated Certificate of Incorporation, which amendment will not be filed prior to the later of March 6, 2023 and 180 days after such date (which later date depends on whether Nasdaq Stock Market LLC grants the Company an additional 180-day extension to regain compliance with Nasdaq listing rules), to effect a reverse stock split of our outstanding shares of common stock in an amount not less than 1-for-2 shares and not to exceed 1-for-25 shares, with the exact ratio to be set within that range at the discretion of our Board of Directors (the “Reverse Stock Split”); provided, however, that the Company will not file such amendment before May 1, 2023 to effect the Reverse Stock Split unless needed in order to maintain continued inclusion in the Russell 2000, which requires a minimum stock price of $1.00; Notwithstanding the foregoing, if Proposal No. 2 is not approved at the Special Meeting, then the Board of Directors may effectuate the Reverse Stock Split at any time, and at such time and date, if at all, as determined by the Board of Directors in its sole discretion, but no later than December 1, 2023, when the authority granted in this proposal to implement the Reverse Stock Split would terminate;
?
(2)
Proposal No. 2?—?An amendment to the Company’s Second Amended and Restated Certificate of Incorporation to increase the aggregate number of shares of common stock, par value $0.001 per share, that the Company is authorized to issue from One Billion Seven Hundred Fifty Million (1,750,000,000) to Five Billion (5,000,000,000);
Ahhh...the Rising Phoenix technical analysis. : )
Sam Bankman-Fried???
Shares of luxury electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) turned into a one-car pileup Monday morning, falling 8% through 10:30 a.m. ET after Barron's reported over the weekend on apparent defects in the cars that owners say can turn the $150,000 EV into a "5,000 pound brick." Barron's cites "dozens of complaints" about Lucid's marquee Lucid Air luxury electric sedan -- which may not sound like a lot, but for a company that's only sold 2,500 units so far, even just a few dozen complaints would imply a 1% failure rate.According to the reports, Lucid Air may be prone to software bugs in its display screens, driving forward when put in reverse, or even losing power entirely in the middle of the road. Lucid has apparently been replacing faulty car components as complaints are made -- everything from bad electrical components to entire batteries. Details are scanty, however, and mostly apocryphal from "self-described" (but unconfirmed) owners. Unfortunately, it's hard to confirm the veracity of these complaints, and Lucid is not commenting either way. Continue reading Read more on "MotleyFool"
https://markets.businessinsider.com/news/stocks/why-lucid-group-stock-crashed-8percent-this-morning-11928050
Agreed...leaning toward BOOM in the quantum computing hardware industry. I'm also holding some shares of ION*Q. Hopefully, these 2 are good bets. But one can never really tell...and I don't mind waiting a decade before the race is really on. I'll be spending the next few years accumulating here and there at these prices. Of course, can't over do it...because these early to market companies can easily go bust before the true adoptions begins, happens all the time....GOOD LUCK!!!
For those interested, 3d Qtr Posted:
https://www.otcmarkets.com/stock/TXTM/disclosure
Ginkgo Bioworks Launches $100 Million Common Stock Offering; Shares Down
Nov 16, 202210:12
DNA
-7.76%
Ginkgo Bioworks Holdings
DNA
said Wednesday it has launched a registered public offering of its class A common shares for about $100 million in gross proceeds.
BTIG, as the underwriter in offering, proposes to offer for sale the shares from time to time in one or more transactions. It has a 30-day overallotment option for up to an additional $15 million of the shares.
Ginkgo expects the offering to close around Friday and plans to use the net proceeds to offset the cash used to fund its acquisition of certain assets and liabilities of Bayer CropScience, among other uses.
The company's shares were down 8.8% in recent trading.
https://www.tradingview.com/news/mtnewswires.com:20221116:A2791520:0-ginkgo-bioworks-launches-100-million-common-stock-offering-shares-down/