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Random inquiry, has there been any statements on plans to address the amount of debt/liabilities that will come to maturity over the next few years(~4 million/~1.5 million in 2k16)? It seems to be their main line of expense listed repeatedly under "corporate expenses". I've skimmed the 10-Q's/PR's and come up lacking.
I'm not doubting the companies legitimacy as they've obviously found a method of turning a bare profit in a currently restricted market. Their security acquisition was a good move in bringing in more capital. But the cost of it set them back a hefty amount. With current net profits and assuming they don't accrue any more debts, they're still looking at multiple years prior to being debt/liability free from future notes and such.
Not ususally on these boards but just to point out, according to the contract, those fees and royalties are going to remain the same for as long as the contract is in place AND extend into any (9) year extenstion of the contract for a second term. Also they begin AFTER a quarter where the company is making at least 4x the amount of the quarterly fee. So pretty much for as long as the contract is in place those fees and royalties will have an effect on profitability. So your argument is invalid. At no point will it reach a point where the fees and royalties do NOT deduct from profitability. The overall profit of their operations will forever count on various things including clientelle, cost of testing materials, employee wages etc. Same as any other business.
So the question in place is the same as always, do you believe in a growing MJ market that will largely use mandatory testing on medical use and possible testing on higher quality rec use, a company affiliated with labs used for the service of testing MJ can succeed and turn a profit?
Most here would answer "yes". Hence why they're here.
Honestly not selling my 1mil+ shares...but just an observation. Bashers don't even need to come here. The twitter hype men do a good enough job bringing down morale all on their own. I don't trust any of the bashers cause they obviously have an agenda. But I don't trust any of the "twitter circle" whom many of are on here as well either. You all can't admit when you were wrong. You come up with excuses, twist your own words and dodge questions...and yet still expect people to believe your "keep the faith, KNOW WHAT YOU OWN" posts. Just be quiet and stop comming up with outrageous "ultra short term" pps predictions. You're laughable.
Why is the phrase...."Yeah guys, I'm sorry, I was a little in over my head and just acted as a hype man. So my time frame on pps may be a little off. My mistake. We will still get there, keep faith"
SO HARD TO SAY! Sorry to call yall out, but certain members here who have twitters seemed to get a little too excited pre-CC and did some damage with blown out of proportion pps predictions. Which is no biggie, IF you have the man parts to admit a mistake, and continue to put out good DD and support. Instead they are apparently infallible and do all they can to dodge questions/accusations on the mistake. Reminds me all too much of my current chain of command and boy does it manage to piss me off something feirce. Again, I have faith in this company, but a man who can't admit to a mistake is no man, so I have no faith in them.
Hey SS1 when exactly is this count last completely revised? Cause not many will care to update when they sell, only when they buy. I only say this cause I don't want this count to bite us in the neck...you know, it get's down to tipping point and disappoints shareholders when it plays no effect cause in all actuallity a lot of those shares had been sold and you weren't told. I'm long on mine and hope the count is dead on. Float lock would be an outstanding goal to achieve since most stocks can only dream of it. Like I said, don't want it to be double edged.
You know what's REALLY demoralizing for shareholders. Is having all these little bs playground games played on twitter where 6 or so ppl are always like "hehehe just chatted with so and so and we know a secret tehehehe"
Idiots.
Well that logic is idiocy at it's finest. "Hey I'm long so that gives the company the right to go back on their word and previously released timeframe."? Really. I'm long too, but if a company can't keep to their word I can't trust their word, and if I can't trust their word, why should I trust them with my investment?
I truly am long, but once again, really? That's how you manage your investments? You're long so therefore you are permanently ingrained in this company. Nothing they do can sway you otherwise?
I admit daily rises and falls in pps should not matter if your long and trust what you own. But how can you trust what you own if they go back on previous commitments?
I'm a long here but even I get a laugh picturing all you who scream, NEWS NOON NEWS NOON NEWS NOON!!!LOLOLOLOL as SpongeBob doing his bubble dance. I honestly wonder if any of you stop to think whether you're strengthening or weakening the board though by doing it. You speak of people like el lobotomy and others "demoralizing" new investors but I'm pretty sure your false predictions have a greater "demoralizing" impact.
Now, label me a basher for exhibiting critical thinking.
Btw: El Lobo and any company of his that may see this, I'm not siding with you so don't message me. I have you all blocked.
They very well could just release the date via 8k from events during the Lender CC. Just like they released the Lender CC date via an 8k from calls made the week prior. Just my 2cents. I think it would be smart to release a PR prior to, with some info that will be covered in the CC, some of the newer developments(not all) just so the participants can have some key ?'s lined up already.
Because the company has yet to announce via PR that the twitter may be used to put out developments. So therefor they must announce such news via PR before they can post about it.
SS1, last I reported 1250000 shares which has now increased to 1402433 shares all locked. For your records good sir.
At least he is playing the game. He takes risk, all your word is, is that of a spectator with nothing to lose. Your word is essentially worth nothing on this board because of that fact. "What if" never went to the arena. So sit on the sidelines some more good sir. You're the only thing worse than a backseat driver.
Multiple 8ks in past weeks. Multiple rumors across twitter from reliable sources. And level 5 tweeted today about nationwide expansion.
I think he was simply mistaking a meeting for the CC. As proven by the 8ks today, a meeting definitely did take place and his call on the result of it was spot on.
I'm not saying he wouldn't do this, as although it's sleezy, it's smart and will make you money. However, he would be the first one to tell people to set sell limits of a dollar or more to prevent borrowing. So why would he say that if he just wanted to borrow their shares to short?
Haha come on, I know cincy boys aren't cowards...we've been pulling for the losing team since I was born. Your choice man. That won't happen though so I'll keep my investments.
I don't think it NEEDS it at all. However I do think it will happen. The combination of the TM being applied for in the Pharma field and the description being for "Therapeutic purposes" almost limit it from being tea based cause tea is rarely applied to the pharma field. Combined with the teaming up with a company from CO and the mention of expansion to other markets(tea or other herbal elements outside of mj would be keeping with their current market essentially). I'm just saying the indicators POINT toward there. Again we don't need it but I also agree it could send this company into uncharted waters quickly depending on the product, company(pair in CO) and how big of a market it can be distributed to and how quick.
Well @mikerotondo86 on twitter already said that word was passed yesterday in the CC that the THC lineup is almost complete. So whatever it is, mj or not(all indicators point to mj), it's happening.
Do you all live inside one of those .25$ superballs I'd buy as a kid? Or do you have some sort of info to back up all this "bouncing" you're doing?
Long here either way, but it's getting annoying.
Okay once again for a side by side comparrison. "(888) 386-5009" HERE is the number you posted to call. "el: 888-809-5991" HERE is the number that is listed on their website THAT YOU JUST SHOWED ME.
Notice how other than the 888(standard told free) NEXT TO NONE OF THE OTHER NUMBERS MATCH. And as I said, the number you posted is CURRENTLY registered to a CEOBedford in Bedford NH.
I went to the link you ball of idiocy. I told you, I went to the site ceonh.com the first result that showed up and the number they have listed there under Contact Us is NOT the one you posted.
What do you want me to try? Once again the main like popped up, I clicked on it, their page lists a different number than the one you gave. Google Info on them lists that number but they could very well be outdated. Like I said, if I google that number TODAY, the registered owner of it is a CEOBedford in Bedford NH.
SERIOUS question for MI...what number are you giving us? Cause a simple google search of that number indicates it is not even registered to the building in Trafalgar Sq. It ends up being some other building in Bedford NH, that happens to have the same CEO name but appears to be an entirely separate entity from CEO Inc.
They did originally post that while they intend to do whats best for investors, they will take their time on this one in order to ensure the resulting product is top tier. I however do not hope they wait till Nov elections when the sector truly will see another jump. If they can get the product out before then(in a completely legal manner which I personally believe will be them taking a branding fee and other side fees, as direct sale of mj still isn't legalized nationally) so a base of profit is established AND get branding well recognized than I'm all for it. I only hope this with the thought that when another spout of natl media attention hits come election time there is a better chance that the product will be a household name and people looking to invest will be guided to MINE as an established company in the industry as well as other markets(such as a hopefully national energy shot line by then).
As with any jump in pps whether from an mj merger or just expansion of the Level 5 and Coffee Boost brands nationally, we will see certain factions who sell off desiring immediate profit. However I don't see either as a reason to bail out entirely.
You realize they intend to keep in their current direction while also branching out to current markets. They see a niche that can be filled. Look at how big energy alcohols became. Four Loko, sparx, joose. Each market has certain niches that can be filled. Most people jump at companies that diversify. You demonize them for it. I suppose to each their own though. I as well trust and believe in the companies original direction, however if they now feel they have the means to accomplish that and also provide a second front of income via other markets then I am all for that as well.
I think everyone needs to realize that this became a game of politics between TS and wolf. I don't idolize either but I listen to both for sentiment reasons. If wolf needs to retweet something of TS to get this to chill out some then so be it. Sometimes appeasement is the price of doing business. Either way it should be dropped amongst us. Soon enough TS will go back to just promoting his site and all that and wolf will go back to dd and calls on companies. All this board needs to be about is news regarding MINE nothing more or less.
So let me get this strait...you waste time out of your day, just to sit on this board, post random negative comments and all of it is for shits and giggles?
I'm assuming you're like 60 and in retirement and just figured out how to use the interwebz and decided this is the best use of all your new found free time?
Haha I'd say it's closer to playing football and the other team drugging your water. But to each their own.
What I like most in the recent 8k is the clarification that the previous note(of 52k) was paid plus interest(totaling 80k) in wire transfer. No restricted shares used to pay off this debt. Simply prioritizing funds successfully by taking care of debt first.
Call it like it is boys. MINE won't just "bounce back" from this in one fell swoop. This is the combination of shorts and panic from PH0T being halted. The industry is a little shaken that a company like them can be stopped. It will take a little while for people to realize maybe they got so big so quick BECAUSE they were doing shady dealings and that not ALL companies in this market are like that. Still strong on MINE we will make it back but it needs time for the dust to settle from this morning.
This isn't an earnings play at least not yet or for the foreseeable future. Once they announced the THC lineup it became a sentiment/hype play. The only downfall is the sentiment/hype hinges on the announcements made during the CC. So it all comes down to whether you believe there will be significant news on the THC lineup as a mj product or not. It's always your choice though.
I actually highly doubt that, but to each his own opinion. I think anyone who isn't in this past the CC got out on the most recent dip in an effort to protect profits. But everyone has their own view. And only time will tell.
Haha well until the date we find out(which I'm not concerned about as I'm fairly certain it will be all the mj you wish for and more) I don't see this falling back to those levels prior to that just out of speculation and hype. I will say for the record I have no fantasies of multi dollar any time soon and I do at times detest the ones who simply say stuff like "DOLLAR LAND HERE WE COME!!" or "TO DA MOON!!!" As I am a man fueled by logic and I feel if you aren't posting something that has evidence at its base then don't post at all. I'm simply here for information as being outside the US I can't get boots on ground DD. But I also don't bother myself with arguing with such people cause it's a waste of my time.
I realize that man. But what I pointed out was info put out since then which lends credence to the idea of a MJ entrance. So while it is as I admitted possible that it will not be a MJ product, it seems highly likely that it will be.
While it is perfectly plausible that the new product may have nothing to do with MJ, after this excerpt I'd highly doubt that fact.
Management views the growth of the THC brand is twofold: 1) by tactically developing "product" in house while 2) strategically evaluating business relationships such as partnerships and Joint Ventures with other established companies in targeted, vertical markets. Level 5 is currently in late stage discussions with a private company, based in Denver, Colorado, to combine our respective expertise into a single venture. This private company enjoys a large presence and established contacts in the industry and has approximately ten products in advanced development in all the vertical markets we have identified.
They stated they planned to market the product horizontally(in the same market base they are now) and vertically(to separate markets they feel it will thrive in.). And with the dime drop of a company based in CO, it is an attempt to hint at the MJ market. I'm still not even saying it will happen as this is all they have released on it. However if the company approaches this correctly and succeeds in what they are seemingly trying to do. The end result would be a drinkable in the MJ market it would seem.
I wasn't the one who asked if you liked the company.? In fact I said to an earlier person who came in seemingly trying to sway my hand that I don't really care of his opinion as I've already formulated mine. Good luck to everyone in stocks as honestly I'd love to see more people make more money. Cause if you had a good heart to begin with, money is simply a multiplier of kindness. So I wish all the best. I'm simply a guy stationed outside the US looking to make some extra change on the side before I come home and get out.
Question, what nationally recognized brand is going to enter into an untested market that the govt refuses to give full backing to. Edibles already are a successful product, ask any rec disp owner. There are plenty of companies that make such things and make money from doing so, yet I don't see Hershey's coming out with a THC chocolate bar. Beyond Mars has though. No big name companies are going to climb onto this until there is full govt backing and 50 state legal cause to a company that is international the current market is small pickings. Thus providing excellent opportunity for smaller companies to create their niche now.
Why are you telling me this. I'm more in it for down the road than immediate earnings. But either way I'm confused as to why you aimed this at me. I've been in this company for a bit though. I didn't buy today so if you're looking to "shake my confidence" your efforts are wasted and would be better utilized on someone else.
Heard you're the man to go to on the google doc regarding float lock. I believe it's in increments of 1,000 shares correct? I haven't stated my stake previously but if that's the case put me down for 1,275 increments.
Hey where's the google doc on float lock? Either way I haven't posted my stake before, I believe reading it was in increments of 1,000 shares? If so put me down for 1,275.