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Your Al Jolson remark dates you, or you are a old movie buff. Pushing 72 and he was way before my time.
Your Al Jolson remark dates you, or you are a old movie buff. Pushing 72 and he was way before my time.
It seems that he has been part of this since at least 2015.
I got out of his several years ago a little before the reverse split that was to make it eligible for up listing. The reason was after holding it about a year all I was seeing was that after each of the different projects looked like they were about to become profitable they were sold off to another entity at a loss. And because there are no true and reliable audits because of Chinese Law you have no idea what is actually happening with any Chinese company. I.E. fake gold for as collateral for billions of dollars in loans, or Luckin Coffee chain faking there sales and profits and was delisted. Whats crazy is after being delisted and going to OTC is up about 200%. As they say a fool and his/her money are oon parted.
Well the stock market took another hit due to short sellers. Have said for years it should be outlawed. And as i recall it has been illegal several times in the past. What has happened they get their scare stories spread by the media for a disease that when all said and done will turn out to have caused a fraction of the deaths that occur each year in this country and around the world by the flu. Since this is a new virus the mortality rate may be skewed due to the fact that in most cases symptoms are mild and people didn't realize that they had covid-19 vs a cold or other mild respiratory illness. That said among confirmed cases depending on location and medical facilities its been .4 and 2.9%. All this media hype is just fueling panic in the general population.https://www.livescience.com/new-coronavirus-compare-with-flu.html
80 CENTS SALE TO DROP PRICE????
That's true for Canada, the US its date of sale this year Dec 31st. https://investingnews.com/daily/resource-investing/mark-these-tax-loss-selling-dates-on-your-calendar/
I BELIEVE TAX LIABILITY OCCURS AT SALE NOT CLEARING.
SAYS WHO???? THE "PUMP AND DUMP" ??
I have been in this for the long haul. In hindsight I do wish I sold at .008 . because now I could have had a much larger stake. But such is life.
I think that this will trade sideways or further down until January due to taking losses because of tax considerations at end of year. Hopefully President Trumps tax reform proposals get passed into law. The big thing in it is that you wont be taxed until you take money out of your account not on individual stock transactions.
TALK ABOUT BS MOVE. 450k at .0001($45) followed by a BS 650k sale at .000001 (65 cents) even thou there was a .0001 bid. Can any of you MM's care to explain how you can do that legally? I would love for any MM to find me a few billion shares at that price.
MM GAMES ? 2 single share trades just under .0008 about an hour after 1,000,0000 share trade. Then later a 100 share trade in the afternoon.
Talk about manipulation by MM , the second and third transactions of the day were both filled at .0008 when the bid was at .0009 and ask was .001.
From Oscoda, didn't vote for whitless. I think she wants to tank Michigan's economy and try and blame republicans. And she will if any republicans go along on raising gas taxes.
SORRY haven't paid attention to current TDA pricing. Currently $6.95 per trade. So buy more or less.0023 and sell about .00105. Same thing. and yes there are cheaper brokers than TDA. But small trades to drive prices either up or down is the point.
1st buy of day at.0017 for 10500 shares Or $17.50 trade plus $9 commision seller effectively sold for just under .00081 and buyer effectively bought for .0025. so just another scam sale to lower price.
Just were do they say that the deal was backed out of?? The Dec report said it was consummated. Either it was consummated per Dec report or they filed a false report. And if it was unwound as you say just where is the announcement that they backed out of the deal. All i have seen so far was speculation that they backed out. So give me a reference to the PR announcing that the deal was unwound.
So has anyone asked them directly if we own 51% of thc2 like they said in the last qtrly report?? That report said it was completed the end of Dec. So if it never happened and they said it did, then they would be in trouble with the Feds for giving out false info in a report.
It would have to be a grow contract with farmers or farm co-op because if you tried to just rent that kind of acreage at $200 average per acre it would cost you $100 million just in land rental per year. And that is before you plant anything. They would need a massive investment in tissue cloning facilities to provide the number of clones to populate that kind of acreage. or a source for seed to be planted at a rate of 25 to 40 pounds per acre. (upwards of 20 million pounds of seed) at how many dollars per pound??? https://dev.purduehemp.org/hemp-production/
And if it could be done what do you think a half million acres of production would do to prices?
What i'm saying is you don't have to go Pie in the Sky with theoretical production to realize that this is a great investment.
Indoor true, outdoor not. Key is controlling light cycle for flowering. Out door its a matter of acreage.
On an indoor grow you can get 3 to 6 harvests per year depends on flowering time for the strain(s) you have, how long you veg before flowering and also plant counts you are allowed. If plant counts are not limited with Hemp then you can theoretically get close to 6 harvest if you can control the light cycles. For a straight outdoor with no control of the light cycle you get one crop per year if you are growing in an area where it doesn't freeze before crop is ready for harvest (mid to late Nov).
As a MM grower I can assure you that you only get one crop a year on an outdoor crop. The only way to get more than one crop of hemp (or MM) per year is by light deprivation so the plants get under aprox 14 hrs of light per day (normally 12, but you can go lower for faster flowering but lower yields). So outdoor is for acreage once per year and the need to control pests without contaminating the crop with pesticides. So pests and weather are the big factors you have to deal with. My friends brother owns Peak Hemp in Colorado and sells product on Amazon.
02/14/19 OTC report stated and I quote "On December 31, 2018, the Company acquired 51% of the outstanding shares of Tulsa Higher Care Clinic,
Inc., an Oklahoma corporation, in exchange for 15 shares of the Company’s Series H Preferred Stock,
having a par value of $0.001 per share and the right to convert into Company Common Stock at a ratio of 50,000,000 Common Shares for 1 Series H "Preferred Share."
So what i would like answered is why wasn't something mentioned on owing other compensation in the report or other financing clause reported??
What payment due? Dec qtr report stated paid with 15 series H preferred shares. Each convertible to 50 mill common. Only pmyments due would be the 49% of rev that Previous owner(s) still own, and would be paid on an agreed upon schedule. Due monthly by 15th or earlier for previous month ??? A good question to ask him.
15 Shares of series H shares each convertible to 50 million common for 51% of THC
Its the annual due next month.
So I expect a reasonable price expectation by the end of June would be in the range of .0063 to .019 depending on PE ratio of 10-30x. However that being said I have seen stocks trade at less than 1x reported earnings.
After seeing qtrly report dated 2/14/19, and taking into account that we own only 51% of Tulsa Higher Care Clinics and low balling earnings estimates I expect a min earnings of around $725,000 for the 3rd qtr report. And $1.8 4th qtr. So earnings of aprox $2.525 million total for last two qts of fiscal year ending June 30. This assumes that they can open one new clinic each month till june. This would put them on track for their full year est of $6 million, if they stop expanding at only 6 clinics.
So stick around till the 3rd qtr report (in April)to see how accurate my estimates are, However I wont be surprised if my estimates are on the low side by 25% or more.
Just saying. You may want to sit on the sidelines a week or two and see what happens.
Sorry for your losses. But an old adage to remember "Its best not to crap in the bed your sleeping in".
Two quick questions. 1. How many shares do you own? 2. Have you ever owned any?
Per PR they said were on track for $6 mil rev for the year based on opening 6 Clinics this year. However they said as I recall that the 1st Clinic generated over $500k for the quarter ending Dec 31st. I believe their projections may be on the low side. The per clinic revs should taper off somewhat after the initial rush to get cards and more competition from other Doctors/clinics. So there est of $6 mil based on 6 offices opening during the year may have been a good est. . But that est was based early projections not counting the additional 2 clinics now planned. We will see after the qtr ending in June a better rev est for the year. Now i believe a good estimate is between 8 and 12 for the clinic portion of the business. So then add up the other businesses as they come on line to add to that total. Hemp extraction facility in operation by June? Others to be announced. (hopefully buying up mom and pop drug stores for instant rev stream and from what I understand required to sell MMJ)
My guess it was a MM to MM EOD paint.
No way to legitimately buy at .0012 with bid at .0013 and ask at .0014.
If someone put a sell in at .0012 at that time he should have gotten the bid price at .0013.
May be able to get the mom and pop pharms cheap due to this. https://www.businessinsider.com/cvs-squeezing-us-mom-and-pop-pharmacies-out-of-business-2018-3
The big question is how someone got the .0012 with the bid at .0013 ????
MM games or what? Bid .0013 Ask .0014 and 1,000,000 buy for .0012 ???????
Either weak hands or MM trying to keep price from rising and give the impression of people stacking up to get out, so other investors (or MM) drop bid thinking that someone will slap the lower bids.