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Well... I can think of a few stinkers that have held conference calls. But they were striking when the iron was hot - this seems organic, and I'm excited, because there's actually a lot about the direction that we're not totally clear on. It's not like MINE saying "yup, we're indeed making drinks."
I could use more patience, but, even if we went to .50 tomorrow, I'd still hold until March for the better tax deal. And hey, if I'm not rich in two months, I'll at least be getting my patience merit badge. STEV's pretty much just a savings account for me at this point - they're not acting like a blue chip, but they're closer to it than anything else I can find on the OTC. But regardless of how they act, I'll still be as critical as I'd be while screaming at the television during a Cowboys game. If you don't complain, you miss out on people arguing with you and learnin' ya a thing or two.
Phew, I completely misread that, I was actually really worried about it haha. No qualms with 1.4k :p
That's paid promotion with a disclaimer stating they were paid 104k to write about STEV. I'm not really a fan it tbh.
The volume's probably leveling out around here, most of those were within the first hour and a half, and I'm betting most of it was a few people dumping and Panzer buying their shares. I'm still not at all a fan of how the A/S increase was announced, they could have done just about anything other than what they did to ensure a smoother drop of that news - admit it, it looks absolutely awful if you're not already invested in and familiar with the company, and that means they handled it very poorly - but there's certainly an upside down the road: Eventually, this stock is going to need liquidity.
I'm glad it's held up so well today, and I think it proves something: The people invested in this company are basically the Board of Directors and the Board of iHub, and George and crew arent selling, and we've all been here far too long to snap the cord now, even though it's threatened quite often. After a year of holding, I think George could PR that STEV is becoming an energy company and we'd wait to see how it plays out. Thankfully, the audited financials prove that it's making money and actually doing something, so I suppose we'll all just hang around the .065 - .09 arena until George and can show that to people that aren't us.
Personally, I think it'd be fantastic if he would just snap a photo of his land and post it somewhere. Enough of the stock weed photos and photos of people standing around eight plants and looking poignant - we know you're growing a lot of stuff, George! You don't have to hide it!
Even if this is all according some great plan (the one we've been awaiting news for "anytime now" for the past nine months), PR'ing this at the bell on a Friday with no explanation is so monumentally stupid that it makes it hard to believe that George could pull such a plan off. Yeah, I'm sure great things are right around the corner... The 250 million A/S was one of the most beloved things about this stock. Remember the old battlecry during dilution? The one about it being no big deal, because there were, after all, only 250 million shares? And now that that's rubbish, we have excuses with people talking about institutional investors. And then they have the nerve to let us vote on the issue. Splendid! A one share/one vote deal that sounds nearly impossible to partake in by proxy, with a CEO that owns a third of the shares! What a lovely, democratic gesture!
The financials have been great, they truly have been. But this company needs to hire people that are capable of not urinating all over a growing operation. Still no news on the hemp harvest, no hemp purchased from others in Vietnam in the meantime to get products on their websites and start testing their viability, and now we're talking about synthetic CBD and going on tangents about a six month old CNN special in PRs. I don't care if you've talked to George on the phone - he's still doing a bad job. And this A/S increase is the dumbest thing yet. If you don't want investors making negative assumptions about your company's future, don't go out of your way to paint it like a turd.
I'm wondering how debt's affecting this. Even if we're not diluting anymore, there are a lot of toxic notes out there, and it seems that would have a lot to do with why we require massive volume to go green.
It's well done, I was just expecting something more than a lesson in hemp. I took fifteen percent off the table, the rest is long and will continue to be. I'm not even sure if I took the money off the table in reaction to the site, or if it was purely therapeutic after having not made a single trade in the past three months (when I closed everything else and put it all on STEV). It feels good, though, like I just picked up smoking to reaffirm my own agency. I've gotten to the point where I feel like Benedict Arnold for hitting the sell button, and that's no way to play the market. I assume that tomorrow I'll look around the OTC for something else to trade with the money gained from my sell today, slowly build into a frustrated and unstable drunk and put it all back here again, cursing myself to sleep for not just withdrawing the funds and finally taking that damned trip to Europe I've been babbling about since high school. "Let the money grow, a mere five percent increase is another week in Paris." The mad ramblings of a man who started playing in the OTC when a PR stating that a company had just upgraded its office's internet connection was good for an eighty percent gain on the day...
I'm long, and still a tad disappointed. If I remember correctly, the idea was to start with a test line of outside products, later going vertical once their own crop was harvested. I can't remember if that was in a PR, or if it was info somebody wrangled from Ken. I won't be disappointed if we still get some new, good info from the site's launch. But if we've been watching a countdown for the last month to get a website with a cheesy YouTube video that just restates things we already knew, everybody here should be heading to Indiana to loot pillage and plunder.
I'm actually not sure how to take this; are they sneakily stating that nothing's actually going to be for sale tomorrow when the site launches? I'm expecting them to have products for sale upon launch, as earlier PRs stated. If this is just a "corporate website", I'm going to be more than disappointed.
That's a dangerous game to play, though. Start looking at STVF's valuation, soon you'll be looking at HEMP's 98mm dollar valuation and you could have a stroke right there on the spot.
Agreed, Amish. Based on the last two days, the website isn't going to have any substantial whiz-bang effect on its own. The market is tired of websites, and upon launch I'm not certain that investors will care whether this site is a glorified Wordpress-hosted piece of comedy or a well orchestrated marketplace for hemp products; it's a website, and ho-hum to whatever that looks like. Maybe. Or maybe a truly fantastic site will prove to the market that the STEV folks are really onto something with this new brand of theirs; I'd love to be proven wrong.
But we really need a solid PR, something confirming one of those Big Deals out there that have slowly fallen from the minds of those circling the MJ sector. Pennypacker would say that this isn't an MJ company at all, and he'd be entirely right, but that doesn't change the fact that it's MJ investors' eyes that are on STEV at the moment. If we get a name on that Fortune 500 gig, it'll be the MJ investors who'll hear about it first, and it'll be the MJ investors who will get the word out to the others in the back-slums of IHUB and Twitter. Maybe George and his wizards are fully aware of this. It wouldn't be a bad idea to send a major non-MJ PR out on the day that all the MJ gurus are watching the PPS, waiting for the hemp site to go live.
It's a call from the gut, no evidence to back this one up whatsoever (and my gut may be completely sideways and incoherent with desperation), but I do feel that we'll see a major PR tomorrow morning. The fact that we didn't even get the standard OTC Announcement of Financing Successfully Acquired when we hit the 194mm share mark seems to say that STEV isn't dicking around with anything small before their blitzkrieg.
Fingers crossed, fellas.
On one hand, things like "consultation services" make me nervous, because those are sorts of places in which shady nepotism is free to run amok. On the other hand, and what I believe is the case here, it can also mean you're gearing up for one hell of a website launch. Anybody still remember the Marvin Traub deal, and all the talk of their involvement with In the Soup? This might be a stupid question, but I've been here a long time and don't recall any talk of there being a possible connection between Traub and Real Hemp, and this seems likely to me. There are a LOT of hemp products out there right now, both online and in vitamin stores (if you can catch them on the shelves, as hemp protein seems to be flying off them like crazy), but it doesn't seem as if anybody's managed to properly brand and advertise hemp products yet. Seems like a good opportunity for both STEV and Traub to try and do so. We have a lot of pieces to the puzzle here, but with the way they've been treating this site launch, I have a feeling that something massive is going to be unveiled when it goes live. As awesome as the stevia plant is, it doesn't really light the world on fire in terms of branding. But hemp certainly does, and right now it has the power to really hit the ground running with the right advertising behind it.
Nice to see STEV moving up with no PRs, just solid numbers. Imagine when we get some updates on the company in the next couple months...
Well... goodbye to the remaining diluted shares tomorrow AM. It's been king hell rat bastard of a summer, but numbers like these make that an easy one to forget about. Glad to still be here.
Oh man. I'm going to make sure to drink enough to wake up at the bell, this could be dynamite.
And right on cue, up she goes! Honestly, you are scary good at this dude.
After doing a bump at the bell.
I've been finding that it's best to not check on STEV until noon :)
I just realized we're on the OTCQB again. Awesome!
For the first time in quite a while, I can't wait to see what STEV does tomorrow!
I'd say that the SEC does tend to sometimes halt "just because".
Erm, EARLY March, I should say. I remember many weeks of us popping to .29ish EOD, then back down to .21ish in the morning. That was some real rat pack action right there.
I think we'll know when dilution is done when we see a 75 percent up day, haha.
Looks like we could be back to the ol' dip in the morning, rise at close routine. It's like March again!
If that's the case though, we're seeing .08 by EOD, if we have two hours left and the dilution cap has already been reached.
This is just wild sidelines speculation, but it seems highly likely that this dilution doesn't care about the PPS, and is simply executed as quickly as possible, starting right at open, until a daily cap is reached, and then it ceases. It seems to make sense, because we've been seeing green right around the volume reaching 2.5 million. When we nearly hit 5 million on Friday, we were allowed to have a damn bit of fun for the first time in a while. Fundamentally, this kind of blind dilution being carried out to the fullest extent at this low of a PPS does worry me, it doesn't seem to say anything but HOLY SHIT WE NEED MONEY RIGHT NOW OR WE'RE DONE FOR, but, nonetheless, it's going to fly like absolutely mad for days when it's finished with.
It worries me that STEV just became solvent last year, and now they've doubled their harvest and, theoretically, their revenues, but yet they're having to dilute the stock like mad to raise money. Either they're having trouble unloading this year's harvest, or George just came across an amazing opportunity with Real Hemp, LLC and needed lots of cash ASAP to make it happen. As far as Stevia First, they lost four million dollars this past year and are valued at 4x what Stevia Corp is valued at, so... yeah, I don't understand the world either. George really, really needs a PR to explain what he's diluting for, though. If it's for some massive expansion, great. If it's just to keep the company afloat, holy shit we're in trouble. Would be nice if he'd let us know.
Looking at the sites Green Cures has set up to sell their hemp/cbd products, I'd imagine that a drunken toddler could probably assemble something more impressive for realhemp.com. That launch gave their PPS a very sizable boost, so I'm hoping that our launch will do the same and more for us (the more being that the boost won't fall back flat over the following two days).
I'm not selling at this large of a loss, but c'mon, George, surely you can manage to crap out some kind of an update while you're hanging out in Asia.
Looks like we're now officially a pink sheet, and pink limited to boot. That's not fantastic.
Where'd Penny go?
That BID! It's about time!!!
We could be looking at an absolutely insane week.
The Stevpack is great, but it's your money and you should do what you're comfortable with doing with it. If you sold in the .09's and buy back in the .06's, I think that's pretty fucking well played.
It's really purely a contrarian move. People have started moaning enough on this board for me to think it's time to turn around. I still like the story, the chart looks nasty but lines up with that story that I like (financing to go through with their plans, temporarily painful, but whatever). It really is time for a PR though, or, really, the realhemp.com launch. I've seen what a simple site launch can do for a PPS...
Man, this is depressing. It's as if all hope for this stock is lost. Which is why I think it was the best time to just buy 27k more shares.
Pure conjecture, but I'd imagine that, if I were Parry, I'd like to see my work have an effect on the market, it means people are listening to what I'm writing. If warrants are still being executed, the price won't move, even with buying, and it could justify holding off on publishing a favorable article.
Interesting... makes me wonder if this has anything to do with why Parry is holding off on the article.
Ehh, TWD hasn't actually gained exponentially. I actually think the Tweed IPO was the start of the bear movement in the MJ sector. All eyes were on Tweed to see what would happen when a company with a license stepped onto the market, and it IPO'd and went up... like 300%, then stalled. At around 90 million, if Tweed can get more product out the door, there's still plenty of gains to be found there. But Supreme at 10 million? That's a real bargain. We'd be a 9 bagger to even be at Tweed's valuation, so I'll leave my money here.
The talk of shorting is crazy, and most places people get their short numbers from, like otcshortreports.com, are complete nonsense. We're dropping on restlestness from no news, and from all the speculation on dilution. It changes from 1 great PR. But, c'mon George, put that PR out tomorrow. It's Wednesday, I know you wanna.
Oh I know, it's just personal risk management, and a way to ensure that I can have powder working outside of STEV to accumulate more STEV.