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If EAPH was in the MJ market in Canada, Jeff Sessions comments would have sent this stock to 10 cents today, as those followers of the MJ index would have pulled out of US based MJ companies and dumped their money in Foreign MJ companies, like in Canada where the country will have legal MJ in July country wide sanctioned by the their federal government.
Last I checked the Attorney General of the United States has no jurisdiction over the Country of Canada or its' citizens. So even if EAPH was in the MJ market in Canada, which sadly they are not, Jeff Session's comments should have no affect, agreed?
The uninformed yelling into the wind about Jeff Session's comments causing this drop is ridiculous is my point. This company has tried to get into the MJ market for 4 years, unsuccessfully. They will be removed from the MJ index, you'll see. Any swinging d*&% can put out a tweet or a pr saying "we're in the MJ business", it doesn't make it true. Those following the MJ index must be blind sheep if they don't take 5 minutes to understand this company, EAPH, in not in the MJ business.
And what does this have to do with EAPH? Nothing!
Please explain the correlation between EAPH and MJ?
Does EAPH grow MJ? NO
Does EAPH Sell MJ? NO
This company has nothing to do with the MJ business!
Expect a tweet soon, but it will do nothing to stop the free fall. Actual signed deals and revenue is all that will help them. Even then we will have to wait to see the financial filings because frankly PR's and tweets are no longer believed, remember the $400k order from the last pharma JV? Man lot's of PR's and tweets on that one, well when the financials were finally filed the order had been cancelled. As I type, I'm wondering why I believed it would change!!
Correction "February 2017" since the yuuge news about a JV with multi-billion dollar, multi-national pharma. That's how long the company has been talking about it in PR's and tweets.
LMAO, that's what it is Jeff Sessions.... What does Jeff Sessions have to do with MJ in Canada? What does Jeff Sessions have to do with women's health products in Mexico? Last I checked EAPH has no MJ operations or prospects of MJ operations in the United States, hell they have no MJ operations or prospects of MJ operations in Canada either. They do on the other hand have a supposedly yuuuge announcement about women's health products in Mexico, but that yuuuge news has been coming since February 2016.
Relative to yesterday volume is pretty much the same.
The volume has been 8-12mil a day for 5 trading days, why is today huge? That 10% drop in share price is looking huge to me!
So what do you think now Mck? Do you think the company will put out what's supposed to be a company changing PR between xmas and new years? My money still says we won't see this company changing PR until 2018. I went back and looked at tweets and PR's from the company, they have been talking about this 3rd product launch since April of 2017. Supposedly on December 4th they received an initial payment, we'll see, but not until 2018 like I thought.
GLTA
Common sense tells me no announcement this year. Of course I shouldn’t assume these guys wouldn’t put out a PR when everyone is on vacation and not watching. That should get them a lot of bang for their buck, but again no one ever said the leaders of EAPH were business titans!!
As I said last week there will be no news about this 3rd JV/Partner this year, even though they supposedly received an order/payment on December 4th. "Imminent" in this case is at least a month.
Easton Pharma? @EastonPharma Dec 4
Easton #EAPH Is Pleased To Disclose It Has Received Up Front Cash Payment From Multi-National For Third Product Launch. Press Release Is Imminent.
Yep, these guys have shut it down for 2017. So many questions swirling around their claims of partners/JV's, they thought it better to run and hide. I hope they can provide answers to all these questions within days of the new year!
1. Who is Alliance Group?
a. Address of offices?
b. Phone #
c. Principals names?
d. Website?
e. How is it possible to grow and sell MMJ without a license from the Canadian Government?
2. Who is Windsor Pharmaceuticals?
a. Address of offices?
b. Phone #
c. Principals names?
d. Website?
3. Were can I find anything from Gedeon Richter that they are doing business with Easton Pharmaceuticals?
a. On Gedeon's website?
b. A statement from a Gideon Richter official in Easton's PR's?
c. What happened to the $400k order from Gedeon Richter?
4. iBliss - Financial statements say this deal was being re-negotiated and shares have not been released.
a. Has the deal been re-negotiated?
b Have the shares been released?
5. 3rd Product launch and partner
a. Who is the company?
b. How much was the payment received on December 4, 2017? Was it a payment or an order similar to the $400k order from Gedeon Richter that was later cancelled by Gedeon Richter?
tick.. tick.. tick.. Mck. Still think we will close above .06 by December 31, 2017?
I'm a shareholder the last thing I want to see is the pps go down. I'm afriad that's where it's headed unless this company can show tangible results.
- iBliss deal is not closed
- 400k order from Gedeon Richter was cancelled
- they have talked about a 3rd product launch with another pharma since at least April - still nothing
- In april they said they bought a company in Israel, nothing in their latest financial filing about it, probably didn't happen
- Alliance Partners is an old failed company of Evan Karris'. He is in the process of filing new paper work for a company called Alliance Group so his name doesn't show up as CEO.
- Who the hell is Windsor Pharma? Another made up Company in Windsor Ontario with Evan behind it.
See they they make a hell of a lot claims in PR's and via tweets that simply are not true or never come to fruition.
.0027 pps 10/13/2016; $0.00 revenues for 9 months ended 9/30/2017
Sorry typo on last post on the year. Went and looked at the financials in the meantime. 2015 $0.00 revenues, 2016 $44k in revenues, 2017 (9 months ended) $0.00 revenues. One might ask where is the money coming from to pay iBliss, Alliance Partners (sorry Alliance Group)?
.0027 pps 10/13/2016; $0.00 revenues for 9 months ended 9/30/2018
I'm not seeing an upward trend. What I am seeing for about the last week is heavy volume on the bid early on driving the pps up, and then once that volume clears on the bid it seems to show right back up on the ask (very similar numbers) and drives the price right back down. Games being played?
Can we agree no company would make a major announcement next week between xmas and new years? If you agree to that, can we agree I've never seen EAPH put out a press release on a Thursday or Friday? If we can agree on that, looks like we are down to TWO DAYS for this company changing announcement regarding a 3rd product launch in Mexico! The last peep we heard from these guys was on December 4th, and that was to say they received a check from this mystery pharma that plans to launch the 3rd product, yeah, I believe that!!!
GLTA
REVENUES 1/1/2017 TO 9/30/2017 = $0.00 (ZERO)
NO SUCH THING AS EXEMPTION TO GROW MMJ IN CANADA
iBLISS DEAL NOT CLOSED AS OF TIME OF LAST FILING 12/7/2017
NOW WHAT WERE THE ACCOMPLISHMENTS?
EAPH/iBliss far from done deal!
"The Agreement was amended in late June 2017 to restructure minor provisions of the agreement and the shares are expected to be released by September 15th, 2017, at which time, Easton will consolidate IBliss's revenues into its own financial statements."
Here's the thing this is from the Financials filed on December 7th, 2017. Why does it say shares "expected to be released Sept 15th, 2017" September precedes December last I checked so at the time of the filing (Dec 7th) did't they know if the shares were released back on Sept 15th? If this said "minor provisions have been agreed to and shares were released on Sept 15th", then I might agree with you that EAPH owns iBliss, but I have no knowledge that the minor provisions have been agreed to nor do I know if the shares have been released. How do you know?
What happened? Did EAPH get a check on December 4th and Evan and Carla head off to the Caribbean on a romantic getaway? Not a peep, I say we have 3 more chances at a "company changing" PR in 2017, not holding my breath!
GLTA
BTW, this is a bet I want to lose! Bring on the game changing news, don't wait EAPH!!!
Finally, Mck is a taker on my gentleman's bet. I say this so called "big announcement" won't happen in 2017, Mck thinks it will. We'll see who's right.
GLTY
Oh yeah, Even and team have taken to their fall out shelters to hunker down for the rest of the year. Otherwise they would have to answer lot's of questions, better to run and hide than face the music.
So, if no company changing news tomorrow, then we have three days next week. Then, they will have successfully put this news off to 2018. I’m still betting on 2018!
That link doesn't exist. I posted something a while back that talked about exemptions for growing hemp, but I have been unable to find on any website (government or private) that talks about growing mmj in canada without a license from Health Canada.
E-Trade show B&A 25510 x 103485?????
This is the 3rd day in a row I've seen claims of millions of shares on the bid, here and other sites. It must be games? Daily volume hasn't exceeded 3 million in months and if someone was buying 64million shares price would be going up not down, don't you think?
To be fair Dogman the Alliance Asset would not have been on the financials that were just released because they ended 9/30/2017 and the deal with Alliance happened after that date (presumably). Let's hold out on that one until we see the financials for the period ending 12/31/2017.
Right, that tweet was Dec 4th. And I'm saying that "imminent PR" won't happen in December. What do you think? anyone else have a guess?
Gentlemen's bet? I bet EAPH does not make an announcement about 3rd product deployment in Mexico this month. I've seen this game with these guys, kick the can, kick the can, then say with holidays coming it would have more impact after the holidays, blah, blah, blah.
Any takers?
GLTA
PAGE 22 OF THE FINANCIALS. PAY PARTICULAR ATTENTION TO THE LAST SENTENCE.
Sales During The Nine months Ending September 30, 2017
For the quarter ending June 30th 2017, Easton through its host company Ackerman Pharma, received $400,000 in product purchase orders for the products Gynofit and advanced payment for product
AmnioSense (AL-Sense) from its sub-distribution partner Gedeon Richter Plc and its subsidiary company.
This sale has been reversed as the product has not been delivered nor paid for.
We'll see about profitability when the Q42017 report comes out in February/March of 2018. Now when did you say we would see FY2016 & FY2017 Audited Financials? Where you putting a timeline on that or simply toeing the company line here and saying "sometime in the future" there will be audited financials? Which really means the company has no intentions on auditing their books, just another "nice thing" to say in a PR that never really happens! You know as well as I do they have been saying they are going to audit their books for the 4 years I've been here, and yet still no audit. Why would they say it time after time after time and not do it? Can you explain? Well zero revenues to date (no money to pay an accountant) is one possibility? Another is they simply have no intention on doing it.
GLTA
Mck. I'm saving your post stating that EAPH will have revenue and audited financials by December 31st 2017. I will be flabbergasted if that happens and the first one to say Mck was right. I'm not holding my breath mind you.
Keep in mind they said in a PR that they received $400k from Gideon Richter and then the financials came out and they really didn't receive $400k from Gideon Richter. So... while we may see a PR in December stating that they received an up front payment from a Large Pharmaceutical company for the the 3rd product launch, we won't be able to believe that or verify that until the quarterly report for Q4 comes out sometime in February/March of 2018. It's unfortunate, but the company has put out so many PR's with "stuff" that hasn't come to fruition, they can no longer be trusted.
GLTA
Alliance address, this is from yesterdays quarterly report page 20. See at the bottom of what I pasted. Looks like Alliance is co-located in the same office as EAPH.
In June of 2017, the Company executed an agreement with 1124123 Ontario Inc., operating and known as
Alliance Group. The agreement calls for a $1.3 Million dollar investment in Canadian Currency to
purchase a 50% ownership interest in 45 acres out of 135 a
cres of land, zoned for agricultural use, owned
by Alliance Group, located in Georgina County north of Toronto, Ontario, Canada which includes an
operating interest in its medical / recreational marijuana business for the country of Canada who are in the
process of acquiring clearance to grow, cultivate, harvest, distribute and sell medical / recreational
marijuana for Canada. At Easton’s option, the Company can transfer its interest in the medical /
recreational marijuana business in favor of a 50% ownersh
ip interest in the property’s aggregate business
located on the remaining 90 acres of the property zoned for industrial use, which is comprised of but not
limited to, dumping, manufacturing of cement, recycling and manufacturing of certain industrial produ
cts.
The company maintains new
office space located at
650 Bay Street, Toronto, Ontario, Canada, M5G1M8.
wjb FACT: Zero revenues to date
Forward Looking Statement (open to debate): EAPH will have revenues in the future
You want to claim revenues in the future are a fact, it is hardly a fact. I've been waiting for revenues for 4 years, so far they have had none, notta, zero, goose egg, nil, zilch. That's a FACT jack!
GLTA
Biggest standout $0.00 revenues. Nothing from Gideon Richter, nothing from iBliss, nothing from any deal/JV to date.
According to the document on the $400k... "This sale has been reversed as the product has not been delivered nor paid for."
I also noticed the address of Alliance Group and Easton are one in the same, isn't that cozy?