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Thanks Janice
17...18...23...who the hell knows anymore? LOL!
Orin is doing ok, for now. Thanks Janice.
Hi Janice! I don't know if you remember KC or not, he went by 'bythepool1' and he posted a lot of the PETZ $ STOCKZ board back in the day. Anyway, he passed away on Saturday and he had a lot of friends here on iHub so I thought it would be nice to let them know. I'm not a member here anymore and so I can't post on premium boards. Would you be so kind as to post this link on the pets and stock board to let people know?
Thanks,
Debbie
https://meredithfuneralhome.com/obituaries/kenneth-k-c-charles-niva-jr.143544?fbclid=IwAR1PvTIX9PEKdp6VVzeK6e9wy-V8XCSlKdgUOFXmOPSel9OMjOcXxUM_9GU
Are we rich yet? It's only been about 17 years what's the holdup?
What dots? They have the same bank. So what? If there's something significant about it tell us instead of playing stupid games about dots. Jesus we're supposed to be grown-ups here. LOL!
And how many times did you flip while being our hero?
I kept screaming R/S because I couldn't figure out how they would get the SS down to a reasonable level without one. With money from this IPO they very well COULD do a buyback. Hmmm. Very interesting.
"I am not "Preaching-To-The-Choir", Mr. You were not the first, neither the last to warn about share structure in here because every one knew about this since AGES!!!"
Ummmm...the fact that everyone knew is exactly what 'preaching to the choir' means.
This is and has always been a stinky pinky flipping stock. Roll with it and make some dough.
LOL I've made my money already when this thing ran to .16 the first time. My shares are all free shares and averaged around .0075
I show up when I have time. Until the last few days when I got an alert I haven't even been watching this because I thought it was dead. And I'm happy to see I was wrong.
Nice day! Have a great weekend everyone!
I would like to apologize for all the rotten things I said about management these last 6-8 months.
But in all honesty, I still think an R/S coming.
And this stock is all about rocks and nothing more....that's for sure
LOL :-P
LOL His name is really Steven Peacock? Is that Captain Steven Peacock? LOLOL!!! Don't mind me...
But of course LOL
I was wondering that myself. Somethings happening...hope it's good LOL
Because we're going to be rich soon! I BELIEVE!!!! Now you stop busting on this wonderful company...I have to run over to the bank and wire some money to a Nigerian prince.
I think 1:50,000 would be a bit much. But I've been wrong many many MANY times before so...LOL!
Good luck to us all...we're gonna need it!
Exactly. 1:1000 RS coming soon.
And what do you think happens to the old ticker? There will be a split.
Just a guess but we will probably be reverse split into oblivion before it happens.
Good question.
In case anyone cares https://www.newsfilecorp.com/release/124942/
I've always said an R/S is coming. The only questions are when and how big. Sad.
LOLOL! I needed that laugh!! Go FERN! Nice news
Agreed.
Same here. If I had a nickel for every time I said 'it'll go back up' I'd be a millionaire LOL!
Good luck to us all!
I know what you mean. "Trade em, don't marry em!" A lesson I wish I had learned a long time ago LOL!
Good question. I wish I knew.
I don't know anything about either one of them...this isn't an 'investment' for me it's just a stock play. I was only talking about the recent drop and how I didn't think it was due to dilution since there wasn't that much.
Long term you're way more in tune than I am so I will have to go with your DD...I haven't done anything other than look at the basics for a chart play. If I think this could go in another direction (something I may hold longer) I'll certainly dig deeper...but for now, I'm good with what's going on.
I was going from Dec of last year...which was the last number since the 'run'. Between then and now there are roughly 4million shares added. Not much dilution DURING THAT TIME. Which is what I thought we were talking about.
As of December 31, 2021 the number of shares outstanding of our Common Stock was 2,237,801,258
Outstanding Shares as of 04/08/2022 2,241,662,827
2,241,662,827 - 2,237,801,258 = 3,861,569
Or am I getting this wrong?
Probably some but it isn't ridiculous. Yet.
Is that roughly 4 million or is my math really REALLY off? LOL That's not too bad considering most of these things dilute by the HUNDREDS of millions if not billions. A decent update might turn this around or at least stop the dips.
If they had included something about a buyback in this list things may have turned around a bit.
*******************
Management says it will use the net proceeds from the IPO as follows:
25% of the net proceeds [...] for sales, marketing and advertising initiatives;
25% of the net proceeds [...] for acquisitions of companies and technologies aligned and synergistic with our manufacturing technologies and growth objectives;
15% of the net proceeds [...] for expansion and upgrades to our existing manufacturing facility;
10% of the net proceeds [...] for research and development;
10% of the net proceeds [...] for hiring of a national sales team and general employee staffing;
5% of the net proceeds [...] for legal, accounting, and other professional fees associated with becoming a public company;
5% of the net proceeds [...] for general and administrative expenses associated with increased operations; and
5% of the net proceeds [...] for general working capital.
***********************
From this article posted the other day...
https://seekingalpha.com/article/4498398-hempacco-hpco-begins-us-ipo-process
Absolutely agree. Once they added all those shares to the SS we were done. Very sad.
'CFGN' is a market maker. They're the modern-day 'NITE' I guess...back in the day when they showed up on a stock it usually meant dilution. Not always though so we may be ok. I haven't been around much the last couple of weeks and I'm really surprised to see FERN still lingering around this price.
Same.
It never convinced me LOL! But I do remember seeing videos of people talking and the mill working and driving around to different buildings. And again...could have been any mill in any town. Sadly the stock price never matched all the "wonderful things" going on.