small cap value plays,promotion plays and temporary market imbalances
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Major turnaround is about to take place. I think the money that is coming in tranches of 500k is going to stop dilution for several months and into Next year.. during that time we should see lots of announcements and and the share prices will start climbing higher as they start outreach plans.
Supply and demand will shift as more people start hearing about Grow Big and other growth plans.
You could drive into neighborhoods with 10 million dollar homes and ask everyone of them if they have loans ?
Or you could sit outside the front gates and just admire the house quietly.
Do you have an equity position in PVSP? long or short?
Better to pay off millions in debts and improve the balance sheet and owe back smaller amounts than what was taken away.. if they build the company and knock out debts maybe a new stronger backer steps in ?
outreach plans- 2 acquisitions- and months of no new shares entering the float now that they have working capital should make for a strong run.
Arthur I'm enjoying a good laugh- you are comparing a payment agreement all the way back to 2013 and trying to compare it to a debt note that was just paid off as if the two have something in common..
A $70,000 portion of the TCA proceeds was paid to Laurus on October 14, 2015, thereby eliminating the balances due from the Company to Laurus and releasing the security interest and liens filed by Laurus
wait you estimated Grow Big Supply to have 10-20 million in debt on the books... that was hardly the case... then we see Laurus paid off and a money infusion that is to be repaid in April 2017
And you're talking about the Diamond note that was taken over by Exo now- lol
we will get there.. we just had to let some of those out that were in during the quiet phase exit before we can start stair casing higher
0005s up.. market cap is still only 1.4 milly- very small for revenue producing MJ/Hemp play with access to 5 million
I think they are setting the table for a big run!
Early churning past quiet phase holders then we move up
Paul did the right thing on stepping aside.. whether by his choice or not- lol !
lol !! just look at the early changes Laurus paid off- Grow Big- line of credit- Paul would never have accomplished that :)
Huge!!! Positive changes are a coming !!
Riss replaced as CEO !!
don't forget about the licensing deals they mentioned :)
yes, more surprises awaiting.
I am pleased to provide this update. As previously reported, we’ve been executing our plans to improve our balance sheet and capital structure to meet the anticipated financial and other requirements of potential new investors, joint venture partners, licensors and acquisition targets.
This remains an exciting and dynamic time for us. Our first objective is to build shareholder value, and to do so in ways that are accretive to all of our collective share holdings. Your interests are important to us. However, they are also important and transparent to prospective new shareholders – especially, for example, acquisition targets and their various stakeholders during due diligence and negotiations. We believe that consistent shareholder communication is important, however, restraint for limited durations may be required or appropriate from time to time as we respond to opportunities to build value. We appreciate your continued patience and discretion as we do so
And we are now seeing them begin to deliver on that letter to shareholders- I think getting money is what sets the table for everything else to begin.
If they eliminate almost all of the debt as stated and bring in 2 acquisitions this is going to see one heck of a run off these low levels
We have successfully eliminated $2,065,614 of $8,265,793 in debt during 2015 as a result of our debt restructuring plans. The remainder includes $4,884,559 in debt that is subject to agreements calling for full satisfaction and elimination in exchange for cash payments totaling $170,000. We accordingly expect that debt to be eliminated before year end. An additional $1,212,326, for a total of $8,162,499 of the $8,265,793 in debt at the start of 2015 – or 99% of the starting balance, is expected to be eliminated or converted into restricted equity before year end.
Agreed this time the fund and the company will be the ones fully behind this run and the driving force
This is just the beginning of the run.. 5 million in money coming in and millions in Grow Big revenues... should we fret about 0003s ? lol 0004s are easy money over the next few months..
I expect this company starts to make some noise. prs & launching new website, acquisitions... lots of the things we have been waiting for.
We have some early flippers that wanted out during the quiet phase and they are helping give a nice opportunity on cheap shares at 0004... while they last
This stock should have a significant run to finish off the year
just the beginning of the new phase- lots of upside potential. market cap is a super tiny 1.4 million.. it should be around 10-20 million... MJNA was fetching over 50 million and has way more debt than PVSP
Bonsai Pier son! Bonsai!
back at ya...
Yep remember Letter to shareholders outlined several developments
- 2 acquisitions
- licensing deals
- debt restructuring 1 large note taken out
- investment into the company- up to 5 million dollars
- outreach plans
Still more to come !!
lmao- what hype? 7 weeks of complete silence and then we see Laurus is paid off in the Q and they have new money coming in.
While they are at Grow Big revenues and build out of A lab ALL tucked quietly in the Q... that's lots of hype when it shows in filings huh- lol!!
millions in revenues- paying off old debt notes to remove debt and building out a lab for state testing while sitting at 0004.
cant wait to see the next 2 aquisitions
Dude.. wake up- the 5 million should come in tranches and is not due until April 2017- by that time they could bring in much cleaner money after this company is built up.
This should begin to staircase higher. When a company has access to money coming in that they didn't have before and when we see a debt note already taken out they deserve higher than triple zero 4
coming out of a 7 week quiet phase with a new money infusion and a large debt note just paid off.. some disgruntled stragglers still remain. This was a significant change in the company and they will likely begin outreach plans now
money infusion changes everything
lets not forget that scam companies just love to pay off old debt notes- lol
and not even market them- just have it in the Q
Pepi- 130+ million in volume in the first 2 hours and we are churning past higher levels and on our way to much higher levels.
just yesterday we heard this from you...are you a little surprised-lol
Q- was on time- they said they would get investment into the company- they did it- they said they want to work on handling debt agreements- Laurus just debt note agreement just got taken out- they are now building a lab... and a very key part that I expect will now begin
outreach plans- they are going to now work on campaigns to get this in front of more investors
And 2 more acquisitions
They are beginning to rebuild trust and are delivering on important items
Only amateurs are selling in the first 2 hours of a company coming out of a 7 week quiet phase- lol
PVSP nice volume out of the gates- new line of credit should help lift that deal back up.
one of the old debt notes just got taken out.
They are coming out of a 7 week quiet phase
I think with the line of credit and the other acquisitions likely on tap there will be people longing this stock more and more who want the MJ/Hemp story to play out.
Once more and more shares get tucked away in brokerage accounts the higher this pps will grow.
These next few months should get very exciting
This deal now lends itself to so much more- let some of the early flippers out and those who wanted to move on because this deal is about to make a serious move imo- with tranches of 500k at a time in funding up to 5 million and not due until April 2017 this should be able to clean up the balance sheet on the old debt agreements and stop dilution until the price sees a major correction.
This is huge- large debt note knocked out already!!
agreed to loan the Company up to a maximum of $5 million for working capital and general operating expenses. An initial amount of $500,000 was funded by TCA at the closing of the SPA. Any increase in the amount extended to the Company shall be at the discretion of TCA.
the original principal amount of $500,000, is due and payable, along with interest thereon, on April 14, 2017
The Company used $70,000 of the proceeds of the TCA funding to make its final payment to Laurus (see Note 9). This payment satisfies all remaining debt payable to Laurus, which amounted to $1,859,582 at August 31, 2015. Consequently, the Company will record a trouble debt restructuring gain of approximately $1,790,000 in the fourth quarter of fiscal 2015.
Exactly right. Laurus paid which will show up in the next Q...large money infusion into the company, lab for state testing being built..
we are a tiny 1.1 million dollar market cap..and we finally get money backing us..no way I'm flipping for 0005s, a much bigger payday is awaiting us imo as they deliver outreach plans. comparable companies have m
Here comes this part- news flow is coming We will speak more to that in the coming months as we execute our outreach plans. dated 8/20
I think the Q kicks things off
As of October 15, 2015, the Company had 3,563,106,209 shares of its common stock, par value $0.00001 per share, issued and outstanding.
Current market cap- just under 1.1 million
That was a huge piece of the Q !!
Waiting for this site to go live www.plaidcanary.com
© Plaid Canary Corporation operates a portfolio of synergistic assets all focused around the growing cannabis industry. 2015
don't stop there... lol- large line of credit and Laurus debt paid off -Lab being built out for medical MJ
don't stop there... lol- large line of credit and Laurus debt paid off -Lab being built out for medical MJ