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Good grief, you and your paint jobs. And 9/11 was an inside job.
I have a feeling they are going to sell off the texting business. It should be interesting to see how much they will be able to make off a business with $1 million per year in revenues. Question will be what they will do with that money. The next Q will be very interesting. The connections to big money all the new executives have will be leveraged to take this to the next level.
Has to be, those are the biggest blocks I have seen on the sell side. The float was too locked up. I know he had 1.5 million shares issued on that 8k. I will be interested to see how his departure affects the 10Q. Have a feeling the shorts think he is going to sell all his holdings. I am going to hold off buying today, but I will definitely pick up more tomorrow if we see the same volume.
KOAN had a massive cyst. They lanced it and WAIS ASEFI came oooozing out. Now he is gone forever. Thank GOD! Although, do you think his shares will become unrestricted and he is about to dump 1.5 million?
Now that is the funniest post I have ever seen. So basically we are looking at a $1,700 market cap for a company that has over $1 million in revenues per year. Wow
What is going on with that 74k bid that keeps popping up and going away. It happened again this morning.
This accumulation is the exact same as when it doubled the last time. Most of us are locked until dollars. I have a feeling we are going move very steady for the next 6 months. I think $2.00 will come sooner rather than later.
Your holdings will be worth a million in 12 months. If what they have brewing for 1st quarter comes through...this is going to move quickly and dollars will be the new base.
That chart is off. The 5,550 block this morning were the shares I bought. I figured it was time to be in the 100,000 share club with the rest of you.
It seems like when they do show their bids, they outnumber the ask by 4 to 1. They really don't want this going over .20
Yawn, we all know. The increase has been very transparent in the 8k. They were private placement for the acquisitions. You are acting like this is a big surprise. Guess what...there are going to be more shares issued. Like the agreement says, when their new acquisition brings in $10 million in revenue and a 100 million dollar market cap...more will be issued. That is not a problem, that is something to look forward to.
The charts needed more volume. If you look at last quarter there was substantial volume leading up to the Q. We all knew about the Q for this quarter would be strong. The volume is not here yet for a strong run. However, the chart looks like this is stabilizing and has the potential to move up slowly over the next few months.
The chart is looking much better. However, they need a few more quarters of this. Their market cap is still about 6.5x earnings. In January their OS was about 750 million shares. Now they have added 80 million shares to an OS of 830 million. I know they are most likely restricted and part of the executive comp plan, but that increase in OS still affects their market cap. Next year at this time they should be doing much better. However, their results were already baked into the current share price.
Well...you're wrong. The reason why the regs and taxes were put into place is due to the insanely high profit margins. If the farmers charged the same price for wheat, corn, soybeans as they charge for Marijuana, they would make a killing even with high taxes and regulations. Everyone knows I work for LexisNexis and deal with the AMLAW 100 firms. They have practice area specialists for Marijuana just because they have put legislation through for taxes and regulations to push the black market out of business. Oh, and if you are caught distributing on the black market, the criminal penalties are the least of your worries. Now you have regulation and tax violations that you have to deal with. This will bankrupt you forever and garnish your wages until the day you die. You couldn't be more wrong about this industry.
I think we will never hear of "convertible" again. Shorts are done.
No kidding...and what is up with the 400 shares on the t trade? Usually the t trades are much larger in volume.
I also think their investment in Joiant is to help blast off the sales of Resonate Blends. Let's face it, if Joiant is the number one brand in California, why wouldn't you want to combine forces to increase sales and hit that $10 million mark as soon as possible.
I am just happy about the new CEO. Wais was okay, but there is no way he could bring this to the grand scale the new executives will.
Membership Interest Purchase Agreements
On October 25, 2019, Textmunication Holdings, Inc. (the “Company”), entered into a Membership Interest Purchase Agreement (the “Resonate Purchase Agreement”) with Resonate Blends, LLC, a California limited liability company (“Resonate”), and the members of Resonate. As a result of the transaction, Resonate became a wholly owned subsidiary of the Company. In accordance with the terms of the Purchase Agreement, at the closing an aggregate of 5% of the Company’s outstanding shares of common stock for a total of 665,072 shares were issued to the holders of Resonate in exchange for their membership interests of Resonate. These shares have anti-dilution protection. We have also agreed as part of the purchase price to issue: (ii) such number of shares of Series E Preferred Stock that will convert into 5% of the outstanding shares of common stock in the Company on a fully-diluted basis upon an annualized revenue run rate of Ten Million Dollars ($10,000,000.00) for any three (3) consecutive month trailing period; and (iii) such number of shares of Series E Preferred Stock that will convert into 5% of the outstanding shares of common stock in the Company on a fully-diluted basis upon the occurrence of the Company’s public market value reaching One Hundred Million US Dollars ($100,000,000). The shares in (ii) and (iii) shall have anti-dilution protections, except that this provision only applies for 2.5% of the outstanding shares acquired under each subsection.
When insiders have that many shares, they will not dilute. They can award all the shares they want as long as the float stays the same. It is in their best interest to make this a $10 stock.
I doubt we will see any increase in O/S go into float at all. It is nice to know they are all restricted and cannot be touched until certain benchmarks are met.
I think their addressing their O/S going up by 2 million shares. They are now at about 16 million shares.
From Wendell Minnick's Linkedin: Due to his service as a Naval officer during the Vietnam war Mr. Minnick continues to be engaged with several non-profit organizations assisting Veterans of all ages to provide mentoring, housing and psychological support. In an effort to help reduce the daily suicide rate of US Veterans Mr. Minnick also supports the research and development and distribution of valid cannabis/CBD based products to treat PTSD and trauma patients.
Hey...I remember you from the VSTR board. SO how did that trade work out for you. I guess now MUST be the time to buy TXHD.
You were saying that at .09
When do you think Tom will get a CBD contract for the Red Sox.
https://finance.yahoo.com/news/the-cbd-flood-gate-has-opened-for-pro-athletes-olympian-lolo-jones-173007104.html
Every week, another current or former pro athlete endorses a CBD brand.
The list of CBD endorsers runs the gamut from NBA to NFL to pro golf, young and old, male and female. To name just a few: Rob Gronkowski, Tiki Barber, Carson Palmer, Nate Burleson, and Ricky Williams (all NFL); Greg Norman and Bubba Watson (golf); Paul Pierce, Lamar Odom, Jay Williams, and John Salley (NBA); Riley Cote and Ryan VandenBussche (NHL); Mike Tyson and Nate Diaz (fighters); Kerri Walsh Jennings (volleyball); Ryan Sheckler (skateboarding); and Olympic medalists like Lolo Jones and Amy Van Dyken are all talking up the benefits of CBD. Some of them have launched their own brands, others have signed on as ambassadors of existing brands.
“It’s like a floodgate has opened,” says Olympic hurdler and bobsledder Lolo Jones, who signed a deal with CBDMD, which was formerly called Level Brands and trades on the Nasdaq (YCBD).
Jones joins a list of 40 athletes CBDMD has brought on board, a huge number for a company that has only been selling products since 2017.
Brightfield Group estimates the CBD industry will hit $5 billion in sales for 2019, an eye-popping (and hard to believe) 706% jump over 2018.
If the athletes who pump CBD are to be believed, it is a miracle drug that can help you sleep better, calm you down, heal your injuries, soothe your aching muscles, and make your dog happier. But the health benefits of CBD are still in contention, and very little definitive data exists that verifies the claims these companies make about their products.
The explosion of CBD has left many consumers confused. “If I was a regular consumer, I would be confused too,” Jones acknowledges.
From the website:
MJNExpress to order cannabis and trust us for our history, over 50,000 canadians use us as their online dispensary in Canada.
That was fast. I have a feeling this is going to start rolling and we will be seeing tweets like that every month and then every week. Now I see why they did not abandon the SAM/RCS business like some people were assuming.
What's really funny is no one can bash leadership anymore. We don't have to worry about Wais house in California or his wife's vacations or any of the other weird things they were coming up with. I think these are Tom's connections and it was time we had heavy hitters take over.
TWEETS FROM RESONATE BLENDS:
esonate Blends
@Resonate_KOAN
8-K | Resonate has 2 milestones to achieve additional equity 1) $10M in annual revenue 2) $100M market value | #Growth #ResonateSystem #Resonate #ShareHolderValue $TXHD
@Textmunication
Resonate Blends
@Resonate_KOAN
·
1m
Resonate will take the key executive roles at Textmunication Holdings. Their core team has been together for 10+ years. Expert branding & cannabis strategists w ability to launch & scale product lines #Cannabis #CannabisNews #CannabisProducts $TXHD
@Textmunication
https://twitter.com/Resonate_KOAN
Damn...I guess no one can say TXHD is run by crooks anymore. I wonder what they will come up with now.
Who cares...when the buyers outweigh the sellers 50 to 1, that says something. I think it is going to move today. I think people were expecting and issue of 30 million shares. With the talent that just came on board and Wais no longer the CEO (remember how Wais is the crook according to the posters). The COO was a VP at Pixar and the CEO did several M&A's and was a creative head of Disney Interactive...those people are not penny stock crooks. We basically just replace Wais with heavyweights that have worked on massive projects. Oh, and now Thelan is just the CIO. This thing is going to take off with this news.
So 520,000 shares on the bid and 12,000 shares on the ask is irrelevant? Thanks for peeing in my Cheerios this morning. That seemed pretty good to me.
Are you looking at level 2 this morning
If you follow the Bollinger bands, it broke pretty hard on Friday. Looking at past, this seems pretty normal. The band has shifted up dramatically, but this is nothing new in the chart pattern. Still trending up.
Looks like the three C's need 55,000 shares...and there is only 15,000 in the 20's. They are now stuck
Looking at that level 2, I don't think so
ETRF just came in on the bid at .175...the chase is on
It is something bigger than that. I have never seen an acquisition that includes an IP Subsidiary. They have something of value that will be unique to the market.
Look at Level 2 this morning. Looks like you were right about the shorts.