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reload's over. Time to go back up.
$SHMN had an excellent close.
Looks like this is going to be a good day for SHMN shareholders. If she breaks and closes above .0125 and it'll be blue sky for as far as the eye can see.
$SHMN Will break and close above .01 today. IMO
Would have been nice if they would have included a revenue projection in connection with the acquisition. I would think it would be considerable.
$TXTM has the potential to become another GGI*I. So if you happen to have profits from it, TXTM is primed for entry.
SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories. Global headquarters is located in North America with manufacturing sites in southern california. Generic pharmaceuticals were exported globally with a focus on distribution in emerging markets in Africa, Latin America, and Southeast Asia.
https://www.otcmarkets.com/stock/SHMN/profile
These guys are already perfectly setup to take full advantage of the meteorically increasing demand for cannabis products. All they have to do is go beyond tweets to let the world know they are in position to take advantage of the opportunity knocking down their door. The opportunity is right there in their lap, wagging its tail, and licking their faces.
All they have to do is take it.
Nice! Once SHMN churns thru the consolidation channel she's been in lately she'll easily break thru .01.
Yes, for sure. Volatility caused by a tight float, leaves the door open to lots of manipulation.
Looks like there was a very wide B/A spread at times today, sometimes as wide as 6-9 ticks. Don't recall ever seeing that much spread before on a sub penny. After that someone got washed out of a ton of shares @ .0057.
That makes me think there was either a whole lot of manipulation going on or the float is close to being locked. I'm leaning towards the latter. If that's true then when they do get current and start showing their hand a little more there will be a lot of chasers and regretful sellers. All IMO.
This is going to be a painful day for anyone that's all in.
Now that would go over nicely. Would make every pinky trader standup and pay attention. LOL!
IC, you made it up. What else is made up here?
SHMN has never said such a thing. Where did you get that from?
Business days it's day 3 tomorrow. Calendar days it's 5. Which do they mean? OTCM doesn't say which on their website. But it's calendar days for time between required reports, so.....?
Just looked at their products list and it's amazingly long. 18 categories with at least a dozen of individual products under each category.
https://www.sohm.com/products/
$SHMN technicals are looking favorable. Just need a catalyst. Not sure becoming current will do the trick.
Can't stay above .007 and will likely sell off to .005 area and lower if not current this week.
This tickers in a sweet spot. All they have to do is get off their asses and do something constructive for a change and we might see an RG*BP like run.
I'm not betting on it. From their history it won't happen when they say and the flippers buying now will be selling tomorrow when it doesn't happen when they say.
This is just carelessness on their part. Had they been in touch with OTCM on what was required before the 1st update they wouldn't have to do it again.
This'll take a couple more weeks to complete with the atty letter and all.
We had received an email from OTC yesterday evening and we have spoken to them over phone this morning, they want us to revise 2019/2020 annual reports in their new March 2021 format. Company is in process of modifying and publish by tomorrow, and revised attorney letter. $SHMN
— SOHM, Inc. (@sohminc) April 8, 2021
No need to. They're doing all the work for me. LOL
Hard to get past the failed share buyback debacle. After that nobody trusts them. Not that anyone should trust any CEO, but down here it's especially hard.
Come to think of it, that might be the reason for the holdup. OTCM is waiting for an explanation on why it was never executed.
OTCM gets pretty picky sometimes about granting tier upgrades so maybe there's mistakes they're waiting to be cleared up. Seen many reasons for delays so it could be one or more of many. Looking pretty suspicious that others are getting upgraded but not SHMN.
Raw plant CBD is CBDA (CBD acid). Decarboxylation slowly over time or quickly with heat converts it to CBD. That instability is what makes stable synthetic CBDA more attractive from a research standpoint. Also more expensive commercially.
For me, I just keep it in the freezer where it's cold and dark, which slows the decarb to an acceptable rate. Seems to be just as effective over time as when fresh.
Not now. I'll wait and see how it reacts. Could be a bad selloff if no big news comes out after it. Just becoming current won't be enough. All that excitement is already priced in.
ALY*I ran to 20 cents. SHMN should be able to do at least that. They just need to get current and start releasing news.
The ninth biz day since 2 complete years of late fins were filed and the 4th say since the attorney letter and still not current. Wonder what the hold up is.
AstraZeneca is partnering with drug manufacturers in India to produce its COVID 19 vaccine for distribution to 3rd world countries. SHMN does drug manufacturing in India.
No argument there.
I see some banter on L*TNC and how it's running like blazes. Well, Schadel projected 8-10M rev in 2021 so that really helps.
Attorney letter filed so now it's a matter of them giving their stock a reason to run again. Like proof of them having CBD and other products for sale in Publix, CVS and Wal-Mart stores. Revenue estimates with real numbers would also be helpful.
Your'e right. My mistake.
Funny how their PR's appear only on their website. Hardly a venue to attract much attention.
I strongly suspect tomorrow will be worse.
As in "sometime" before the end of this year.
Considering they just filed 2 yrs of fin reports, this isn't exactly the reaction to be expected.
I'm guessing the market doesn't like the absence of millions of convertible debt and no reverse split on schedule. Them showing profits doesn't help either.
If SHMN ever delivers on promises, a TGGI like market cap might be a possibility. Might even add if they do. In the mean time, not holding my breath.
OTC Markets doesn't control when companies publish reports. They only control who gets to and that depends on who's paid membership fees. The when is entirely up to companies.
They weren't dark when they announced the buyback. Becoming dark would have been a good strategy for executing it. But still they didn't and they could have bought back all they wanted in the low trips.
Too many disappointed with the failed buyback. Take awhile to get past that.