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They have gotten out of B2B extraction - it is not very profitable to do extractions for other cannabis companies that then use that extract to make products and mark them up a bunch. NEPT is now making their own products from their extraction processes. Their biggest product now I believe is a hash product - which has gotten great reviews. They need to work on market penetration. IN the conference call they indicated they have a new brand coming and there should be a PR soon on that....and plans/progress on getting in the Quebec market .
Please post a pic of this reply so we all can see it
"Email CEO says he intends to get current ir@stevia.co "
No website either - LOL
Still waiting for Thehustle to post a pic of the reply he says he got from the "CEO" .
"realhemp.com
Future home of something quite cool.
If you're the site owner, log in to launch this site
If you are a visitor, check back soon."
SGSI is a scam operation !
I doubt that Thehustle has an email reply from the "CEO" that says " he intends to get current" . I asked him to post the reply here and he said he didn't know how to post a pic. Someone with over 11,000 posts on IHub and moderator on 2 boards doesn't know how to post a pic?? Just drag and drop the pic file in the text box!
Also - anyone who's been around knows that the "CEO" is George Blankenbaker. President/Treasurer/Secretary....and chief bottle washer...the only employee of a company that there is currently no evidence it functions !
"'I'd like to see this email. I might consider buying more STEV "
It didn't because the PR had nothing to do with the MJ sector - people have to be scratching their heads over purchasing an organic baby food company....LOL.
However - the important news from this PR is that Morgan Stanley Expansion Capitall is now a major shareholder and partner in Neptune. Sounds to me like this was a ploy to get MSEC in the side door - hopefully they will get involved in NEPT's MJ ventures.
"Should roll out huge today "
The DD on this POS company is simple - they scammed investors. First they did a 1:200 reverse split in Sept. 2018 and the price plummeted because they are incompetent lying scamming scumbags, then they did a 1:300 reverse split in April 2020, and the price continued to drop. All this company does is lose money and scam investors.
"I hope everybody that does DD by themselves.
From my search, This company innovation has cybersecurity as a service, it gets a reward in their industry, and I find a lot of partners already start re-sell their product ( we can find out by Google). In 2019 its revenue is 10 mil, in 2020 it made 18 mils and profit. and from their company video, I see they are working as a start company.
I think they may need a big platform, so they seek to merge with SGSI and SGSI business and employees can easily integrate within their framework. and SGSI after 1:60000 reserve split, the market cap is small. and it is already their price bottom, 52 weeks high is $9.3. The only thing I did not pay too much attention to in the beginning is the heavy shorts on this board. But so far it seems we can beat them. "
It might not be fake news, but is it significant and will this POS company finally do something ??
glnetadm: You private messaged me about SGSI merging with Highwire ?
What is this latest scam ?
Thehustle:
Am I reading that correctly - you emailed the CEO and he intends to get Stevia current ??
That would have to be George Blankenbaker - did you receive an email reply from him ?
If so, can you share his reply here for all to see ?
"Email CEO says he intends to get current ir@stevia.co "
Last press release regarding orders (from the SGIS website):
LONGWOOD, Fla., Aug. 30, 2018 (GLOBE NEWSWIRE) -- Spectrum Global Solutions, Inc., (OTC:SGSI) (the “Company”), a single-source provider of end-to-end next-generation wireless and wireline network services and staffing solutions to the service provider (carrier) and corporate enterprise markets, has received over $1.1 Million in new contract awards in the last 30 days.
And back on Aug 14 there was this:
LONGWOOD, Fla., Aug. 14, 2018 (GLOBE NEWSWIRE) -- Spectrum Global Solutions, Inc., (OTC:SGSI) (the “Company”), a single-source provider of end-to-end next-generation wireless and wireline network services and staffing solutions to the service provider (carrier) and corporate enterprise markets, has recently announced that it received over $1.9 Million in new contract awards for work that has commenced through our AW Solutions and ADEX subsidiaries. On a cumulative basis, these new contract awards now exceed $12 Million in the last 12 weeks.
The most recent PR is $1.1 Million in 30 days...and came 16 days after the PR that claimed $12 Million in the last 12 weeks. Confusing - which rate is correct? $1.1 Million in 30 days is a rate of $13 million per year. And there have been no order updates since - better be a big order announcement soon if they are to keep up with $1 Million per week! (whoever wrote that last order PR was not thinking straight!)
Folks if you are PONDERing what price to bid at, think about this:
The current bid .30 is a market cap of $450,000
A few weeks ago Ponder said SGSID got 12 million dollars in new order in 12 weeks.
That is $1,000,000.00 a week in new orders, 1 mil dollars a week in new revenue, 1 million dollars a week in cash flow!!!
Gross margin has been reported by the CEO to have risen to 25% of revenue!!!
25$ of 12 mil is $3 mil in gross profit.
At .30/share the market cap is .45 Mil to buy the company, all of it!!!
Buy the fear folks, I am !!!
Did Ponder think the PR today would help ??
Talk about a nothing PR...nothing new & it casts doubt on their ability to meet goals:
"Subject to reasonable financing terms, we expect to be able to close on some if not all of our currently targeted acquisitions in the current calendar year.”
Nice hedge there Ponder. Honestly I am shocked that they did this RS without having any breaking news...a big new contract, etc. SMH
This makes perfect sense (it did the first time too) This restructuring should already be happening to reduce overhead.
I was suggesting that the corporate admin departments of the targeted companies be let go (not Ponder) as we don't need 4 corporate accounting hr marketing teams we need one.
the SG&A overheads are HUGE because they are the combined teams from the two initial acquisitions.
I believe Ponders strategy has been all along to build up a company 4-5 times the size he knew in ADEX. It will only be profitable if the corporate overheads are the size he had in ADEX.
Its there in the last 2 quarters filings for all to see.
cost of revenues is less than revenues = GROSS PROFIT then they add SG&A and Salaries (normally part of SG&A) and they need millions a quarter to stay in business.
increase the revenues but keep overheads the same but each acquisition will have similar overheads so no gain. So either the targets account team goes or the current one does. [over time of course]
I'll sell you my shares for $4 per share tomorrow.
You best sell
I am buying
I see that on my broker website BUT volume of 100 shares at $4? No way this stays at $4 when normal trading resumes. This is a paint job.
With the increasing revenues SGSI has been seeing...honestly, WHAT is holding this back?? Now the negative perception of the RS is pushing this further down. I would feel better if this would run a bit before the RS...but now that is not going to happen. Sure hope there is some great news coming soon.
So the AS HAS BEEN 750 million for some time now but only 307 million has been outstanding.
In fact outstanding has actually decreased 140 millions share, or a 31.5% decrease.
Quote:Too bad the AS will still be 750Million.
Besides as long as no other RS take place the shares I own have to reach 2 cents (4.00 after split) to meet bare NASDAQ requirements to up list.
That's bare requirements.
A more than a 500% increase over today's prices.
Where are you seeing this ?
Wow just announced 8 million new contract from a major carrier
Math is off by factor of 10 - would have to be 1000 orders for $3500 each to equal $3.5 million.
Comprehension is lacking.
This just confirms their run rate of orders, may have been 100 orders for $3500 each, which is the likely price to do an instal/upgrade of a cell tower using owner supplied parts.
Need more info on their contracts, don’t seem to be supplying anything but labor and that is only marked up 20%
I'm going to wager you are not a scientist nor have had any real training in science. Something as simple as you are trying to argue is supported or refuted by facts...observables. Lets take a few of your "opinions" and examine them.
Is the vapor pressure of water quite low at room temperature?
The vapor pressure of water at 72°F is 20 Torr (for reference, the vapor pressure of water at its boiling point 212°F is 760 Torr) Is this quite low? Low is a relative term...20 Torr is enough vapor pressure for water to evaporate readily at 72°F (this is a common observation - a shower stall is dry in a few hours after taking a shower, for example)
Comparing water to other solvents, are most other solvents extremely volatile at room temperature?
You said yes....most other solvents are extremely volatile at room temperature. This is BS, because of your use of most and extremely volatile. You must not have much real knowledge of solvents - there are plenty that are less volatile than water at room temperature, for example ethylene glycol or octane...both have lower vapor pressures than H2O at 72°F Sure there are a number of solvents more volatile than water...some very volatile but there are also many that are less volatile than water.
Then there is:
The vast majority of moisture in the atmosphere got there because of higher than room temperatures across the planet which causes the massive evaporation of water on our planet!
Indeed, if the temperature around the globe were at a constant 72 degrees F there would be little to no rain or snow and there would obviously be no polar ice caps or glaciers.
I'm out - GLTA!
NEPT is no longer a bulk krill oil producer. They have changed focus and will be a cannabis oil producer going forward. They retained the value added part of the krill oil business such as MaxSimil and plan to combine cannabis oil with MaxSimil to enhance absorption of cannabinoids.
See:
Neptune Extends Global MaxSimil® Licence To Cannabis-Derived Products
s this OK for the oceans? In biology I learned that krill and plankton were the bottom of the ocean food chain. The company is growing like crazy, but I don't want to profit from hurting the ocean. Fish stocks and marine life are struggling already as is. For now I am holding off on this red hot investment. I need to study and get a more informed opinion.
Is krill harvesting sustainable?
Peace from Canada.
In other words, he doesn't give a rat's ass about shareholders. How convenient.
George will do what he wants when he wants
Thanks Ecomike. Keep in mind I am not saying the technology will not work. It will - I am a scientist - a Ph.D. chemist & have been doing researh for 40 yrs. Electro-reduction of carbon dioxide, ERC, works...and can be tailored to produce a variety of hydrocarbon products depending on catalyst and conditions, etc. This is well known and there is quite a bit of research ongoing in this area. Capturing CO2 from effluent streams is proven technology...for sure. So, the application of ERC to industrial processes as CCU (carbon capture & utilization) technology will work - it is just a matter of how well..how well it can be optimized and how economical it will be.
I am aware that MVTG made statements that ERC is economically viable, but I'm sure you would agree this has to be demonstrated with a working industrial pilot plant. This is the rub - MVTG did not get that done and IMO were misleading with PR's regarding the implementation of pilot plants at LaFarge and the German brewery. The promise of a working ERC pilot plant was the impetus for the run-up to 75 cents.
I hope SGSIF/MEA can get this done with a willing partner, Canada, Europe or a private concern in the US that wants to buck the stupid policies of the current administration.
The application of ERC-MRFC as backup power for cell towers is an interesting idea. Would it be able to compete with solar cell/battery or fuel cell technology? Not sure. But the combination of a solar panel & a ERC/MRFC energy storage/production cell is interesting.
Buck... fyi, I appreciate your post and thoughts, it is just that I have spent all my life with people telling me this and that was impossible, can't be done, will not work, been tried before, others failed..., telling me they already tried and failed so it is unfix-able, can't be done, and I have spent my life, since I was about about 12yo proving every last one them wrong!!!!
If I was 20 years younger I have no doubt I would have already built the ERC plant myself and this would be a very different discussion.
GE was a black swan event here, but the company and technology survived, and Ponder and Larry will bring it back!!!
I have already discussed the potential of the ERC-MRFC combination with Keith and Ponder as a demo using a DOD/DOE/EPA or Canadian or European grant to fund and demo at a telecom cell tower. Imagine Google, or AT&T or Verizon co-funding a demo using MEA and AWS, of SGSIF as the contractors.....They did not say that could not happen, in fact they told me that SGIF/AWS had already built and deployed solar cell/battery and fuel cell powered backup power installations at cell tower locations under contract, so they have done it before!!!!
They will extract the highest investor value possible out of MEA/SGSIF technology, and a back up power system for cell towers would be right up their ally. Larry is not sitting on hands up in Canada!!!!
I agree MEA could use the USA's stand alone against the world policy regarding climate change could be used to advantage. I hope Canada or some European country (Germany?) lead the way in CO2 emission reduction & funds industrial implementation of carbon caputre and utilization tech (CCU) such as electro-reduction of carbon dioxide - ERC. As a US citizen, I'm embarrassed by the current administration's policies re climate change and alternative energy.
True the climate has changed in the US regarding climate change, but if marketed correctly it could an advantage to MEA.
This pissing match over MEA & the ERC technology is amusing. But I have to weigh in here - Ecomike...you are way oversimplifying the role of a pilot plant in developing technology. It is NOT just a last minute design scale up tool. It IS the means by which you take lab scale technology and demonstrate (or not) that it can work efficiently & economically in a working industrial environment.
With ERC technology there are questions that have to be worked out for each specific plant application regarding CO2 capture & concentration - can that be done efficiently enough for the ERC to work well? Then there are issues such as catalyst efficiency and lifetime in working plant conditions - How efficient is the catalyst & will the catalyst be poisoned too quickly in the actual working environment of the proposed application? The exhaust stream of a cement plant vs a brewery vs a power plant are VERY different situations. Catalyst selectivity - how good is that under actual working conditions? Of course you would not be building a pilot plant if the basic technology had not already been proven to work in a lab environment, but that does not guarantee a successful process technology. A pilot plant is NOT little more than a sales tool - however it IS a great sales tool if it successfully demonstrates the tech works efficiently and economically and is scalable in a real industrial setting.
Then there is the simple observation that MVTG never got beyond the laboratory stage with the technology - this is a fact. You can talk all you want about Alstom and GE and LaFarge, etc. But this was a big FAIL for MVTG - they did not deliver on promises...however it was that this came about.
Now the climate (pun intended) has changed in the US regarding climate change...at least from the controlling political party's point of view...and they are doing everything to thwart progress on the science of climate change or implementation of tech combating climate change - its back to drill baby drill (note: this does not include private concerns that are not influenced by govt. policy). Any hope in the next few years of ERC being implemented will likely have to come from Canada or some European company.
So why build the pilot plant?
The PPlant is nothing more than a last minute design scale up tool used to gather the final sizing data for things like pumps and pipe diameters, pipe length, control valve CV selections, control and sensor location testing, all of which have nothing to do with the question of whether or not electrons flow in a circuit. All of which have nothing to do with electrode life time, which they already proved exceeded 10,000 hours with little degradation while making syn gas which has a 30 Billion dollar annual market!!
In fact a pilot plant is little more than a sales tool. If it works in the mini pilot plant, which it does, that has been proven, I can make it work full scale!!!!
Would love to be able to add some at these levels to an acct I have on Fidelity, but they don't allow trades on pink sheet stocks. Any idea when this is going to become current and reporting ?
Does anyone have any idea what is cooking with G. Blankenbaker & STEV ? Any speculation?
Bid is 0.007 on Fidelity also.
Thanks for posting the link to the promo videos. Keith Hayter looks and sounds professional - I don't recall ever seeing anything this professional from Larry Kristof & Mantra Energy. The link should be pinned to the top of the board. It is telling that while Mantra Energy Alternatives is included as a subsidiary on the SGS website, there is no link to a page for Mantra - fine by me...Kristof is a pos crook.
Article from TheStreet on NEPT and their cannabis oil direction:
Anyone Who Resists the Rise of Legal Cannabis Is Among Dumbest on Wall Street
Ecomike - Is this really exploding revenue? The PR said over $2 mil of purchase orders in last 3 months. The slide show mentions revenue target of $28-34 mil Jan '18. How do they get to $28 mil ? Also - is this opportunistic business due to the rebuild going on in Puerto Rico ? Is this revenue sustainable ?
What happened to the MVTG board ?
Fine - but lets see some execution on promises & timetables for implementation of technology, demonstrations, etc. MVTG management has lost credibility...sorry but thats what happens when you cannot keep your promises. What is up with the ERC installation at the LaFarge plant - is it even going to happen? We hear hand waving excuses as to why we have not seen a demonstration of the MRFC - what is really going on there? Not all that long ago I recall several people on here including you posting about the execution of MVTG management - it doesn't look very good at this point. To say I'm disappointed is an understatement.
I was impressed - he is articulate and very knowledgeable about all they have going on. The man has a plan.
CC just ended - the link is on the webpage. I assume a link to the CC archive will be on the company page also:
http://www.steviacorp.com/
Thanks! Still long STEV
IndianaHIA = Indiana Hemp Industries Association
"I just saw this TWEET:
George Blankenbaker serves as Director of @IndianaHIA and is the Chairman and President of #Stevia Corp. Together working with @AgResearchPU"
Ecomike - I'm having a hard time with that idea - a 100kg/day ERC reactor is quite small compared to the level of emissions from point CO2 sources such as cement plants or power plants. However, for a brewery perhaps 100kg/day is not so small. As the calculation I did in the earlier post showed, you would need a very large number of parallel reactors at the 100kg/day scale to make any dent in the emissions of a larger point source of CO2. I think it is fairly safe to say that those of us investing in MVTG are hoping for widespread adoption of MVTG's technology for power plants, cement plants, etc...larger sources of CO2 emissions. I just cannot see how an ERC reactor designed for pilot plant scale will be practically useful for large scale application.