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been looking at the marijuana stocks myself. it seems like every time i hear of these canadian pot stocks going public it is by a reverse merger into a clean shell. i also have been a little discouraged by the lack of action in this one but who knows, this litlle empty shell may be next. glta , i will be holding on till the bitter end. :)
had to see if there was a hidden offer .
cuz I'm bored and felt like being a mm manipulating price for a minute.
what's another 7 yrs. amongst friends :) !!
etrade should do it . i trade it on their platform. there is potential here.
from what I've been reading , it seems like it is more difficult for pot stocks and crypto currency stocks to go public so it easier for them to look for an empty shell and do a reverse merger as the ceo stated in my last post. asfx is a clean shell as most already know, and possibly a candidate for a rm with one of these types of companies. as to a time frame, i really couldn't tell you how long this might take I suppose it would rely on when a new company wants to go public. i think they also have to come current with their filings. streett and tottfe may have more info on that than i do. they seem to understand the rm game quite well.
Check out tcnnf featured on mad money tonight . mainly how they went public then check out the share price. just a thought.
Florida patients with serious conditions like post-traumatic stress disorder are increasingly opting for medical cannabis over opioids, the CEO of the state's first and largest fully licensed medical marijuana company told CNBC on Monday.
"We're seeing a huge transition," Kim Rivers, the CEO of Trulieve, told "Mad Money" host Jim Cramer in an exclusive interview. "That's actually one of our initiatives in front of the [Florida state] legislature this upcoming session, to introduce policies to say instead of only having opioids as an alternative, why not medical cannabis?"
With over 80,000 patients and 17 retail locations in the state of Florida, Trulieve offers 90 cannabis-based products that help treat a series of conditions including seizure conditions, cancer and AIDS. A bulk of Trulieve's patients also suffer from PTSD given Florida's large veteran population, Rivers said.
The company, which is vertically integrated and thus cultivates, manufactures and distributes its own products, specializes in making formulas low in THC and CBD, marijuana's main active compounds, for "non-euphoric" remedies.
And with its position as Florida's top medical cannabis producer, Trulieve is on the front lines of helping cannabis-based alternatives to opiates become more mainstream, Rivers told Cramer.
"There have been a number of recent studies that have come out that have shown that in states where medical cannabis programs are robust, the number of opioid prescriptions reduces dramatically," the CEO said.
"We also know from just firsthand true stories, which we have on our website every Tuesday, that a number of our patients are transitioning from opioids to medical cannabis very effectively and it's a much safer and effective alternative," she continued.
In a move becoming commonplace among cannabis producers, Trulieve came public in Canada via a reverse takeover with a former mining company, which Rivers described as a limited-liability "shell" that Trulieve now owns.
"There are some complications with being a cannabis company in the United States and having primary operations in the United States. So an RTO was the way that we needed to go," she said, adding that "we're very comfortable that that is a clean shell that we now own."
And while Trulieve's license in Florida prevents the company from expanding to other states, its newly public status has opened some doors for the medical cannabis cultivator.
"We are looking to go elsewhere," Rivers told Cramer. "And we can't go elsewhere now with our current license in Florida, so we would need to make acquisitions, which is one of the reasons and one of the main drivers that we decided to go public a couple weeks ago."
yed it was
35k shares takes this thing up 66 % lol !!
somebody is getting nervous !
i know there is a million offered up at a nickel ;)
real easy to get over 150 though.
is the next step the company getting current with its financial reports or is there another step befire that i am missing ?
Page 1 of 1CGFD28 (10/01/16) ORDERED in the Southern District of Florida on September 11, 2018 John K Olson United States Bankruptcy Judge United States Bankruptcy Court Southern District of Florida www.flsb.uscourts.gov Case Number: 12-14640-JKO Chapter: 7 In re: (Debtor(s) name(s) used by the debtor(s) in the last 8 years, including married, maiden, and trade) American Scientific Resources, Incorporated 1112 Weston Road Unit 278 Attn: Robert T. Faber, Pres. Weston, FL 33326 EIN: 14-1820954 FINAL DECREE The trustee, Marc P Barmat, having filed a final report that the estate has been fully administered, is discharged and the case is closed. Case 12-14640-JKO Doc 229 Filed 09/11/18 Page 1 of 1 Page 1 of 1
i will post it when i get home unless streett beats me to it
final decree is on pacer case closed.sorry cant post i from my phone.
i would have to agree with you all. my best hunch is a mix of sour grapes, and people involved that do not have the amount of shares secured that they want before moving forward with the case.I'm guessing that they are stalling the close to wash out those that dont want capital tied up for months. and are hoping the continued delays will encouraged impatient shareholders to dump their shares cheap and move on. i'm also guessing that 4 or 5 of us in this board could be holding 25% or more of the outstanding shares and they want them !
looks like sept. 21st from what i'm seeing on streetts post.
patience grasshoppers ;)
i like where it says commercial entities buy them go make a profit on the outcome of the bankruptcy judgement or to take large stakes in a company. someone has high hopes for profit here. (commercial entity=someone other than us individuals which is bullish to me)
sounds like price manipulation to me. I'm not too worried about a 30 percent decline that was based on $325 worth of trades. T-minus 13 days and we should know something worth trading on . until then I'm guessing a lot more days of big percentage moves on not much volume. jmo
same happened to me yesterday at .0012. showing 10k offer took 50k to move it up.
hopefully, as you can see it doesn't take much to get it moving.
not much conviction on the sell side yesterday with just over $200 i was able to move the stock price over 25% at the close.
my apologies if i seemed rude. mariner has much more patience than i do . but for all newcomers please read the pacer reports that have been posted and the subsequent post reguarding them. street pays money to get those reports as do i (street is a little more reliable) . the posts afterward are usually a simplification of the court report. a lot of these guys seem to be very knowledgable about these pink sheet stocks and it bugs me when people disreguard their efforts with uninformed responses. i will work on my patients untill the next 10 dollar mm trade :)
do your homework !! streett has put a lot of pacer info up to show everyone what is going on with the case. then you will understand what the hype is.
yes that is the old florida office . has been on etrade for ages.
actually e*trade has had that web site up for years as the site for american scientific resources, but it has not always linked to a relevant site . at one time it led to a bunch of search sites . this new site is interesting considering that it now actually links to a single company. hope your searches for more info pan out.
these guys are unbelievable . games,games,games. i wont believe any real move without at least 10m in volume. but untill then " game on " on the pps :)
we will see. only 17 days till d day i might get some help from the newcomers that havent loaded up yet
sorry couldn't resist the opportunity to mess with the mm's . plus it rounded out 100k lot :)
this is a repost
08/09/2018
226
(24 pgs) Chapter 7 Trustee's Final Account, Certification that the Estate has been Fully Administered and Application of Trustee to be Discharged filed on behalf of the Chapter 7 Trustee. The United States Trustee has reviewed the Final Account, Certification that the Estate has been Fully Administered and Application of Trustee to be Discharged. The United States Trustee does not object to the relief requested. Filed by U.S. Trustee Office of the US Trustee. Objection Deadline: 09/10/2018. (^UST17, SE) (Entered: 08/09/2018)
same here . maybe we should take the bait :)
all kidding aside . everyone here is either sitting on shares or accumulating shares hoping for good news after 9/10 when the bk case should be closed.
i'm sure there are more sellers out there, but right now it would only take $3,600 to take this thing to copper on level 2 (according to e*trade). so buy away king ;)
i think so. there has to be a few pacer and i hub watchers looking to buy some cheap shares before any company news hits the big wires. jmo giddy up!
QUE ? please splain :)
warren buffet
good things come to those that wait...great things come to those that wait a little longer. who said that ?