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RG, there's a note holder with the ability to convert an additional 669,000,000 shares. He converted $28,936.05 of a total $400,000.00 note. With interest at 8% the full note with the 60% of VWAP imbedded conversion feature is now worth approximately $430,000.00 minus the $28,936.05 just converted. That leaves him with $401,963.05 still convertible at .0006 - 401,936.05 divided by $.0006 is 668,439,916 shares to go. Add that to the current 406,000,000 and you now have a pinkie stinky with over a billion outstanding shares, MORE than the authorized share limit. They care SO LITTLE about us, the retail share holders that they sell convertible notes with toxic death spiral embedded conversion features that allow inside note holders to buy the stock without registration for 60% less than you or I can buy it. As for you're statement they have "real products" they have nothing you can't buy elsewhere for one quarter of the price. You can buy can 10 of their ceramic nails right here for less then you'll pay HIVE / VAPE for ONE, https://www.alibaba.com/product-detail/High-quality-ceramic-nail-vaporizer-with_60513633622.html?spm=a2700.7724857.0.0.wovQz9&s=p
Like I said earlier, turn on the faucet, here come the shares.
Rogerrrrrrrr, right you are, sort of. As MMJ/MJ OTC investors become engaged and more knowledgeable they're all on the lookout for convertible debt with imbedded conversion features that mean dilution and HUGE profits for the insiders a/k/a "debt holders". What this company has done is novel. Instead of allowing conversion, they've "repaid" two notes with original principal sums of $110,000.00 for $158,364.00 within six months. With the company paying 5% of the total redemption amount "as consideration for entering into the amendment" it makes the effective APR of the note 90%. Why would anyone pay 90% interest? Because that's what they would have made with a 45% VWAP imbedded conversion feature and they're hoping that investors like myself won't read every word of every 8-k and only read the 10Q's. I thank you for pointing that out but counter by saying it comes down to the same thing. Actually better for the note holder as the company is only trading $6-$8,000.00 daily it would take forever to convert and receive a 90% return without the volume killing the stock price. Like I said, novel, but still questionable at best.
Pardon me, it's even worse than I stated due to hasty calculations. The 60% of VWAP imbedded conversion feature of the 21 million shares released on June 13th means the note holder converted at .0009 less than VWAP. In other words he's selling to you at .0015 what he bought for .0006 That will soon be your new bottom as we've just passed 400 million shares with this note holder now able to convert an additional 669,000,000 shares. It's simple math gents, he converted $28,936.05 of a total $400,000.00 note. With interest at 8% the full note with the 60% of VWAP imbedded conversion feature is now worth approximately $430,000.00 minus the $28,936.05 just converted. That leaves him with $401,963.05 still convertible at .0006 - 401,936.05 divided by $.0006 is 668,439,916 shares to go. Turn on the faucet, here come the shares.
Far more important then this BS PR is the recent 8k wherein VAPE released another 21 million unregistered shares into the market via the highly prejudicial to shareholders "imbedded conversion" feature of 60% less than VWAP. In other words Cameron, while you're buying at .0015 HE'S selling from a price of .0009 guaranteeing you'll see .0015's again very soon. As far as Mr. Beaulieu the new C.E.O is concerned, his corporate expertise is zero. That's nada, none, bupkis. He's never run a company before and if he's so confident in VAPE, why doesn't he own ANY stock in it?
It's not "under the radar" Seasoned OTC "investors" read the financials. There are well over 1.5 million dollars of toxic convertible notes being held by the usual players with highly favorable imbedded conversion features of 50% of VWAP. That's another 21,000,000 shares or more and they're actively soliciting for more "accredited investors" as they've spent that 1.5 million and only have $35,000.00 in the bank. They pay every bill with shares as if it were money. The O/S will fly off the radar in between Q's and you'll find your price dropping as supply side increases lowering demand. Economics 101. Do any of you even read the SEC filings? It's the ONLY thing you should be reading if you're intending on "investing" in ANY OTC reverse merger issue.
Jjimmie They are.
ANYONE who thinks there IS such a "short squeeze" in pinkies selling for $.0013 has NO RIGHT trading them or is posting for reasons OTHER than buying or selling. This is simply false information posted to play on the ignorant or naive traders emotions to convince them the price is going up.
There is NO SUCH THING as a "short squeeze" in penny stocks, PARTICULARLY thos selling for 13/100ths of a penny.
1.Their "CBD Line" is Kyle's flunky Lucas growing Hemp which they tried to blast into shatter as a rip and when it tanked Jordan had the bright idea to turn it into "VAPE's CBD line."
2. Why should we stop about competitive Chinese products? Where do you think "Hive's" Ceramic products and "Revival line" are made? CHINA! Additionally, how's your experience with VAPE's customer service been? Numerous posters hav pointed out they call the VAPE customer service line and NEVER get an answer or alternatively the few who do rarely if ever get a call back.
Methinks this ticker is a poor investment.However, in the interest of full disclosure I day trade it. It was me that picked up the .0015's the other day and turned them within an hour. I've been doing that all the way down from $1.70. That's the ONLY way to trade this ticker, use a couple of grand with a limit order 25% below the days open and if you get a hit, cash it out within an hour for a 15% gain. It buys me a $150.00 to $200.00 dinner twice a week like clockwork for the past year.
Regulating THC maximum to 16% or Why Dabs are not VAPE's savior
http://www.oregonlive.com/marijuana/index.ssf/2016/03/marijuana_extracts_industry_st.html
http://www.cannalawblog.com/producing-cannabis-extracts-in-california-is-risky/
http://www.thecannabist.co/2016/03/28/thc-limit-colorado-marijuana/50990/
http://www.theweedblog.com/colorado-proposals-would-limit-thc-at-16-percent-for-marijuana-products/
http://www.denverpost.com/2016/06/17/marijuana-potency-limits-colorado/
Why? How about these fairly obvious reasons, brought to you by the same people who delivered the PHO& fiasco.
1. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114169602
2. I'm shocked, shocked I say that this obvious P$D Dilution Scam continues to get by you guys.
Particularly after ALL the warnings given, like these:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114169602
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119592605
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119458659
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119503433
3. I wouldn't put MY money on rescheduling, or haven't you read these,
http://reason.com/blog/2016/04/07/3-reasons-to-doubt-the-dea-will-agree-to
https://www.washingtonpost.com/blogs/wonkblog/files/2016/04/Response.pdf?tid=a_inl
https://www.washingtonpost.com/news/wonk/wp/2016/04/06/the-dea-will-decide-whether-to-change-course-on-marijuana-by-july/
Add to all that the lawsuit which HAS merit which DOES apply to VAPE's stolen "revival" product.
4. If you think concentrates are the "big thing" in legalization, either medically or recreationally that will "save VAPE" then you're simply not up on the latest movements in Colorado and California to ban concentrates:
https://panampost.com/nicholas-zaiac/2016/04/12/regulating-marijuana-concentrates-a-challenge-of-increasing-importance/
5. The governments recent rulings about "Vaping" devices which DOES apply to "Revival" - again, READ:
If it can be used, or construed to be used as a tobacco vaping product it falls under this clause,
http://www.fda.gov/TobaccoProducts/Labeling/ProductsIngredientsComponents/ucm456610.
6. Hive. Why buy Hive for $65.00 when you can buy the identical products for $5.00 here: http://www.alibaba.com/product-detail/Smoking-Dogo-Wholesale-Oil-Wax-Ceramic_60201717158.html?spm=a2700.7724857.29.93.SOVYmr
If you're ignorant enough to bury your head in the sand and ignore these facts I've been kind enough to point out then I've got some convertible notes to sell you on Kyle's next penny stock P$D scam, coming to the OTC Market near you soon. It's already in the works. Guys like Kyle and Sterling will never change their spots, at least not until busted or the naive sheeple stop buying their currency, shares of pinkie Pump and Dumps like PHO$ and VAPE.
Lastly: You guys are like people who can't work your way through the 5 stages of grief. It's dead, gone, a pump and dump dilution scam brought to you by the same people who brought you GrowLife, David Weiner, Jordan and Sterling Scott, Joe Andrae, his brother Justin Manns, their boyhood flunky Big Ben Beaulieu and of course badkarmaKyle Tracey himself. SMH
No, they won't) Norsman you can attest to this as well as I. "They" are now on their 3rd large grow in Southern Oregon, outdoors, under greenhouses. With Jordan's Rainman like knowledge of growing, and the enormous size of the grow, "they" have long since abandoned this ticker. I told you last December, if you want to stop the outright theft of retail investors, stop trading. That would have been the only way to stop putting money in their coffers. Since then they've issued and sold over 400 million shares with you guys eagerly buying them up so they could rum this scam out. They even denied outside note holders proper redemption so they could have their insider 400 million shares converted. "They" have long since moved on. Take your losses, learn the lesson and do the same. If you're hoping for a miracle, go to church, the only scam that's actually on par with these degenerate, deviant dirtbags.
Simply posting one of example Here's another you can buy for the same $50.00 and order 5, disregard the "minimum order 10" ALL of these Chinese OEM's are negotiable on price and quantity. This one I checked via e-mail, http://www.alibaba.com/product-detail/Popular-mocle-farm-smart-garden-wholesale_60318952252.html
Don't blame me for those trusting Dror to a -99.99% return.
They actually admit IN the 10q they're business is selling stock
"VAPE is currently out of authorized shares to operate properly as this severely affects our ability to finance continued operation, make business transactions, compensate employees, and compensate vendors."
Anyone who buys one of these is a fool. Similar products available from China via Alibaba from $40.00 per
http://www.alibaba.com/product-detail/AeroGarden-Classic-Black-White-with-Gourmet_50012514365.html
You don't get it? You would have if you'd read these warnings:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114169602
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119592605
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119458659
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119503433
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119552294
Lastly: You guys are like people who can't work your way through the 5 stages of grief. It's dead, gone, a pump and dump dilution scam brought to you by the same people who brought you GrowLife, David Weiner, Jordan and Sterling Scott, Joe Andrae, his brother Justin Manns, Jordan and Joe's lifelong buddy Ben Beaulieu and of course badkarmaKyle Tracey himself. SMH
Current O/S 356,459,900 - Not a red flag?
All the DD you need including your link to the recent 8k.
I mean seriously? You can't google "VAPE Holdings 8k? Here, allow me to supply ALL the due diligence you need.
First, the 8k released yesterday you asked for: http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11375352-974-5019&type=sect&TabIndex=2&companyid=797551&ppu=%252fdefault.aspx%253fcik%253d1455819
Second, I'm shocked, shocked I say that the obvious P$D Dilution Scam continues to get by you guys.
Particularly after ALL the warnings given, like these:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114169602
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119592605
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119458659
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119503433
Third: Now you're counting on rescheduling? I wouldn't put MY money on that, or haven't you read these,
http://reason.com/blog/2016/04/07/3-reasons-to-doubt-the-dea-will-agree-to
https://www.washingtonpost.com/blogs/wonkblog/files/2016/04/Response.pdf?tid=a_inl
https://www.washingtonpost.com/news/wonk/wp/2016/04/06/the-dea-will-decide-whether-to-change-course-on-marijuana-by-july/
Add to all that the lawsuit which HAS merit, the recent government oversight on VAPE devices, and have NO DOUBT regardless of what "Fred" says it DOES apply to VAPE's stolen "revival" product. Again READ -
If it can be used, or construed to be used as a tobacco vaping product it falls under this clause,
http://www.fda.gov/TobaccoProducts/Labeling/ProductsIngredientsComponents/ucm456610.
It's a long established fact that the smoke from weed carries 4X the carcinogens as tobacco, you really think the federal government will go out of its way to regulate new age ways to smoke and NOT include weed VAPE's only tobacco VAPE's? If so, I've got some convertible notes to sell you on Kyle's next penny stock P$D scam, coming to the OTC Market near you soon. Watch, it's already in the works. Guys like Kyle and Sterling will never change their spots, at least not until busted or the naive sheeple stop buying their currency, shares of pinkie Pump and Dumps like PHOT and VAPE.
Lastly: You guys are like people who can't work your way through the 5 stages of grief. It's dead, gone, a pump and dump dilution scam brought to you by the same people who brought you GrowLife, David Weiner, Jordan and Sterling Scott, Joe Andrae, his brother Justin Manns and of course badkarmaKyle Tracey himself. SMH
MORE BS ISN'T BETTER, JUST SMELLIER AND MORE CRAP TO CLEAN UP
Scam pump and dump but you gotta give it to them, Mass. Having trouble stating 30,000 more registered patients or they won't break even and make it stronger (dabs, shatter, etc) and we get DEATH.
http://www.nytimes.com/2016/01/18/business/international/man-dies-in-france-after-painkiller-drug-trial.html?_r=0
If we can only get 6 states through, 1/2 underwater and every pump and dump scammer sticking their fingers in the pie..........hmmmmmnnnn I thought the idea was to change the war on drugs by lowering weed to schedule 2, or legalize it. Not look in' to good.....except for Kyle, Joe, Sterling, Jordan and of course David.
Au-contraire mon ami. These type of investigations are time consuming, particularly when the group of examiners tasked to seek and find the evidence is akin to
1. A Master Chess player
Placing together a
2. Level 6 puzzle and
3. Considering the OTC is 99% Pump and Dump to begin with, Mr. Blau, the lead investigator and his top assistant Ms. Sara Kalin hvs quite the task on their hands.
Is every criminal caught within months of their crime? Particularly when the investigative body doing the leg work is so small.
Believe what you like, but I can assure you there IS an ongoing investigation of PHOT, they DO have both mounds of evidence AND a specific few targets and subjects they're looking at specifically as this is not the first rodeo for a specific few of the guilty.
It's moved from FINRA to the SEC and is now in the hands of The Microcap Fraud Task Force none of which has indictment power, however, when investigations reach The Microcap Fraud Task Force like the level 6 puzzle mentioned above, it will soon be handed to the FBI and then you'll see some people aren't quite as smart as they thought. Particularly specific target(s) who are known players in the OTC game. Just because he's gotten away with it before, lessens his odds as time goes by and he thinks he can beat the government. This time he's taking a good friend and a couple of patsies who couldn't yell loud enough, "I'm on the B.O.D. Of a publicly traded company, or "I'm the President of a publicly traded company.. If I knew you I'd give you 10 to 1 on at least 3 indictments, the fourth being right on the razors edge. My 100k to your 10. Patience gentleman, patience.
You strapped in? How's that working for you? And there are 100's of millions more shares in notes to be converted where those came from.
1. B.O.D. retires so no more having to file forms 3,4 or 5 Putting Braune up as Straw Man.
2. These notes have a sweet built in derivative safety net of 52% VWAP - the stock can go to trips and while you guys are "strapped in" and willing to buy, even as the price continues to drop because you think you're averaging down, you're CREATING the liquidity that guarantees they'll never lose money.
It's GrowLife 2.0 with the EXACT same people and you're falling for it.
GLTA Just one persons opinion. But I haven't "guessed" wrong yet.
Not "may not" never. There are an additional 200 million + death spiral toxic notes already sold, but they've got a 48% VWAP built in, the question is how low can it go? They had it planned that the 8k's got stalled by X-Nas eve, X-Mascand upcoming new years. But bad karma brings bad karma, speaking of bad karma MJPlay, did you average down or did you listen even after making fun of me?
They're not there There in Oregon, late harvest with rain in the final 19 days plus a 50%?price drop. They have to sell the indoor product in their dispensaries and NOBODY wants those 500 acres of outdoor moldy garbage. Fanthos, you know, they've got Luke out buying hemp to try to scam peeps into shitty shatter. But hey, what do I know, I just got beat up by Kyle in high school. Meanwhile since that kind post its down another 20%
Good point but, it will never happen. You know all the sayings, "don't try catching a falling knife," You probably won't even catch a dead cat bounce on this one. But, MjPlayz, please average down. As much as you can afford if that's what you believe is correct. I don't, but what do I know, I just got my arse beat by Kyle, Joe, Jordan, Ben, Sterling, David and Fred Knoll, and I'll never get over it. As a matter of fact, you bringing it up is making me cry right now.
License yet? ha ha ha ha ha
Caughtyou say? I can pretty much guarantee it. Just remember the wheels of justice move slow, but, it's # 1 on the Marc Blau hit parade and is being packaged for the FBI as we speak. That part will take about a year, but unless they give themselves up, or one of the lower rung rats, you'll see the gang of 7 indicted and doing the perp walk around late November to early December 2016. Not just securities fraud either, Kyle's favorite song is going to be "RICO" Suave. A good portion of their crop got moldy, the people back in Jersey and Maryland don't want it, not even at today's prices, and they've got lots of people to pay. David has enough to eat his end and walk away, but Kyles headed strait back to anyone who'll have himself couch. Fanthos, if you know them so well, then you know what they've got Luke doing. Making wax from Hemp. Pathetically sad, as bas as karma can get.
NO One last time, I guarantee there are a LOT MORE where they came from. I simply CAN'T continue to post. Therefore this will be my last, call it a X-Mas gift to all of you. I tried to warn you after Kyle bought then sold his Calabassas house, essentially losing $250,000.00 or so in one year, not counting maintenance costs and property taxes. $32,000.00 / yr. That figure includes Real Estate commission of $105,000.00. x 2, or $210,000.00. but not the 3.8% Obamacare excise tax. To be fair, without seeing the HUD-1 (closing statements) we don't know how that $210,000.00 between buyer and seller was split. Standard is a 50/50 split, but people who really want a specific home have been known to pay from 50-100% of the real estate commission. So round number, he lost 1/4 million on the house fiasco. Pool, water, garbage, gas, electric, I'd say that 1/4 million figure is reasonably low, probably closer to $300,000.00. Add to that to the car, the one he bought 3 days after he cashed out of PHOT, paying $300,000.00+ which was worth $50,000.00 less the moment he drove off the lot. With all the trips from Cali to Oregon and back that's probably another $25,000.00 less it's worth. Cars are not investments, they're for guys like Kyle who want to drive through the Beverly Hills or in his case West Hollywood streets looking for attention shouting "look at my new, big, shiny dick" Remember before PHOT he drove a 10 yr old clunker. I'll never forget him posting to his Facebook page how amazing his new green Subaru (bought on credit) was, which occurred when he left BC Northern Lights, because he was a salesman, broke, sleeping on the couch in a 1 BR Apt with 2 other BC guys. For those of you who reply "people buy and sell property all the time" And, yes they do, except not for a 300k+ loss in a year. How many homes or even apartments has Kyle ever owned or turned in his life. Aside from this house in Calabassas, NONE, ZERO, ZILCH. BTW, when you flip a house it's for profit, it's not a first time home buyer who just scored 10 million dollars when previously he never made more than $1,000.00 a week not knowing the first rule of money, once you make it, at all costs,above all, hold and save the principal. Don't go out the day after you make you're first score and spend 2 million on a house you can't afford. What if part of the plan for the future goes wrong, like everybody jumps in and inventory is 2-3 times larger than ever. The law of supply and demand forces the price to drop, and if you're a penny stock hustler with your product being agricultural as each state comes on line, the price will continue to lower, forcing you to bust out early at lower prices with more shares. The ONLY way to stop this if you're in is for get "averaging down" as you can see they can keep issuing these notes under rule 144 forever.
Next comes the IRS, at minimum that's 20% plus the 2.3% Obamacare excise tax. As for the cost of those 11 corporations which has been debated about ad nauseum, here's the facts. You can't grow in property thats in your name, you need to own corporately and lease to a straw man. That probably is costing another 50k, Per month, not counting first, last and security. His big break, he met Jordan, Joe (2 best friends from elementary school) Sterling (Jordan's father) Ben Beaulieu and eventually the king of the hill, David Weiner and his various Pump and Dump penny stock entities, W-Net Fund, Emerging Growth Fund, Black Mountain Fund, and a number of individual proxies including his nephew, girlfriend, and his partner Fred Knoll.
http://nypost.com/2014/10/29/smelling-smoke-and-pulling-the-alarm-in-sec-pot-probe/
Now we have VAPE, with the identical players from GrowLife.
These are people you trust?
Really?
You are familiar with the old saying, fool me once shame on you, fool me twice, shame on me, right?
An investigation like the one currently ongoing with PHOT / VAPE takes a minimum 3 years. It goes from FINRA who has NO regulatory powers except in cases of disagreements between broker or advisor and client, not applicable here, but they do have investigative power. If they find anything suspicious, they turn it over to the SEC Joint Task Force headed by Marc Blau, lead investigator for the west coast, then to Mr. blau's boss, Michelle Wynn, but still no real teeth. They can suspend you from being an insider or board member for up to 3 years in the future, and issue a small fine. However, finally when they feel they have enough PC (Probable Cause) it's referred to the FBI, the only ones with the real teeth. All I can tell you is Mr. Blau has had it in his hands since the PHOT suspension and any of you who believe that PHOT was halted due to a couple of small time outside promoters and Sterling and company didn't have their hand in there, well, I've got some Convertible Notes on a pot related OTCBB stock I'd like to sell you, as many as you can afford, with built in 50% discounted derivative protection built in.
I originally issued this post on Christmas Day when the price was $.084 - 3 days ago, (actually 2, Christmas is not a business day) and we have more notes and a 20% drop in price. The ONLY way to end this is when they convert and offer under rule 144 - DON'T BUY, no matter how good it looks, DON'T BUY, they can't get your money if you don't give it to them. You already lost, don't look back, learn the lesson, flying the next upcoming ticker well it still has only 10 15 million outstanding shit and let the gang of five spend all the money they burned on grow life and save on the lawyers the third going to need that I can promise you .
There are well over 250 million shares (probably more) in the exact aforementioned type notes outstanding, except the conversion price and built in derivative protection will continue to sink....lower......and lower.......and lower........and eventually trips, and it's busted out with all you're hard earned money, gone There are also many more planned for sale on the way. Why do you think the 8-k's and any other PR's material to OS's get announced on a Friday at the close of business or on a holiday?
As for "the company has more in cash than their market value" those dollars will NEVER be spent on developing products, lowering costs or ANYTHING that will increase shareholder value. It's meant for things like the $190,000.00 paid up front to a CEO whose been with the company for 2 weeks and who 6 months ago was announcing word for word what he was doing the exact same thing for another OTC company, Agritek which he had just become the CEO of, and paid up front. My my, what a coincidence.
http://www.marketwired.com/press-release/agritek-holdings-inc-announces-industry-veteran-justin-braune-as-new-chief-executive-otcqb-agtk-2001103.htm
He's a front man. Period. He sells his name to stand out front to divert attention. In 4-6 months he'll be on to a newcmmj company. You really think the SEC doesn't know this? It's the end of harvest season and Kyle, Joe, Jordan, Sterling, Ben and David's plans didn't quite work out as planned as prices have dropped 50-60% and they can't divert enough out the back door at current prices in Oregon to send back to Jersey and the DC / Maryland area (where Joe, Jordan and Justin met and are from). Their answer, gotta bust VAPE out sooner than expected. They tell themselves, there's a sucker born every minute, so we'll just have to take what we made and start the new scam early. I only wonder who is more foolish, you guys for falling for it again, or them for not realizing the SEC is passing their 5 - three drawer file cabinets and 2 terabyte hard drives over to the FBI after the first of the year. Believe it or not there are still people with integrity left in the world. I'm one of them, but I'd be lying if I didn't also admit that I want that 1/3rd of what they recover. Sterling's, David's, Elizabeth Weedam's, ALL OF IT. I can't say anymore. The people I'm working with have ordered my silence. Don't say you weren't warned.
THEY'RE NOT LOSSES THEY're The gang of 7, issuing and cashing. They've all retired as "insiders" so they don't have to personally file that's why you don't get to see their names but it's Kyle, Sterling, David, (and his proxies), Joe, Jordan, Ben and Fred Knoll. I tried to warn you and warn you and I was called a bashed. 150 million shares with probable 350 million more to go.
Ahhhhh Someone who actually understands. The OTC is not an exchange. Therefore your charts, support levels, "candles" and all the rest of the tech talk sounds smart but has no relevance here. They keep printing the shares and you foolishly keep buying them. Look back, the support level was $.01, when that didn't hold magically it became $.009, when that didn't hold yesterday somebody posted we reached the critical $.007 support level except less than 24 hours later were at $.006 Fanthos, I applaud you, somebody gets it. Why work for your money, just set up a direct debit from your account to Kyle, David's, Sterling, Joe, Jordan and Ben's because that's where your monies going.
I told you and I keep telling you. those of you "loading the boat" be prepared for a Titanic scenario.
NOT EVEN CLOSE Yes, 140 million O/S but By progressively shortening the Rule 144 holding period for resales of restricted securities, the Securities and Exchange Commission has enhanced such securities’ liquidity and reduced the overall cost of raising capital. That's where the $190,000.00 came from for our new CEO and by resigning they can and will continue doing this for 100's of millions of shares. David Weiner's an old hand at this as is Fred Knoll. They busted out K-Tel in 1997, but you guys continue to think your "charts" know better. Charts for pinkies with 2 of the best known toxic financiers at the helm. Refer to post #17113 it tells the entire story.
I guarantee there are a LOT MORE where they came from. I simply CAN'T continue to post. Therefore this will be my last, call it a X-Mas gift to all of you. I tried to warn you after Kyle bought then sold his Calabassas house, essentially losing $250,000.00 or so in one year, not counting maintenance costs and property taxes. $32,000.00 / yr. That figure includes Real Estate commission of $105,000.00. x 2, or $210,000.00. but not the 3.8% Obamacare excise tax. To be fair, without seeing the HUD-1 (closing statements) we don't know how that $210,000.00 between buyer and seller was split. Standard is a 50/50 split, but people who really want a specific home have been known to pay from 50-100% of the real estate commission. So round number, he lost 1/4 million on the house fiasco. Pool, water, garbage, gas, electric, I'd say that 1/4 million figure is reasonably low, probably closer to $300,000.00. Add to that to the car, the one he bought 3 days after he cashed out of PHOT, paying $300,000.00+ which was worth $50,000.00 less the moment he drove off the lot. With all the trips from Cali to Oregon and back that's probably another $25,000.00 less it's worth. Cars are not investments, they're for guys like Kyle who want to drive through the Beverly Hills or in his case West Hollywood streets looking for attention shouting "look at my new, big, shiny dick" Remember before PHOT he drove a 10 yr old clunker. I'll never forget him posting to his Facebook page how amazing his new green Subaru (bought on credit) was, which occurred when he left BC Northern Lights, because he was a salesman, broke, sleeping on the couch in a 1 BR Apt with 2 other BC guys.
Next comes the IRS, at minimum that's 20% plus the 2.3% Obamacare excise tax. As for the cost of those 11 corporations which has been debated about ad nauseum, here's the facts. You can't grow in property thats in your name, you need to own corporately and lease to a straw man. That probably is costing another 50k, Per month, not counting first, last and security. His big break, he met Jordan, Joe (2 best friends from elementary school) Sterling (Jordan's father) Ben Beaulieu and eventually the king of the hill, David Weiner and his various Pump and Dump penny stock entities, W-Net Fund, Emerging Growth Fund, Black Mountain Fund, and a number of individual proxies including his nephew, girlfriend, and his partner Fred Knoll.
http://nypost.com/2014/10/29/smelling-smoke-and-pulling-the-alarm-in-sec-pot-probe/
Now we have VAPE, with the identical players from GrowLife.
These are people you trust?
Really?
You are familiar with the old saying, fool me once shame on you, fool me twice, shame on me, right?
An investigation like the one currently ongoing with PHOT / VAPE takes a minimum 3 years. It goes from FINRA who has NO regulatory powers except in cases of disagreements between broker or advisor and client, not applicable here, but they do have investigative power. If they find anything suspicious, they turn it over to the SEC Joint Task Force headed by Marc Blau, lead investigator for the west coast, then to Mr. blau's boss, Michelle Wynn, but still no real teeth. They can suspend you from being an insider or board member for up to 3 years in the future, and issue a small fine. However, finally when they feel they have enough PC (Probable Cause) it's referred to the FBI, the only ones with the real teeth. All I can tell you is Mr. Blau has had it in his hands since the PHOT suspension and any of you who believe that PHOT was halted due to a couple of small time outside promoters and Sterling and company didn't have their hand in there, well, I've got some Convertible Notes on a pot related OTCBB stock I'd like to sell you, as many as you can afford, with built in 50% discounted derivative protection built in.
There are well over 150 million shares in the exact aforementioned type notes outstanding, probably more. There are also many more planned for sale on the way. Why do you think the 8-k's and any other PR's material to OS's get announced on a Friday at the close of business or on a holiday?
As for "the company has more in cash than their market value" those dollars will NEVER be spent on developing products, lowering costs or ANYTHING that will increase shareholder value. It's meant for things like the $190,000.00 paid up front to a CEO whose been with the company for 2 weeks and who 6 months ago was announcing word for word what he was doing the exact same thing for another OTC company, Agritek which he had just become the CEO of, and paid up front. My my, what a coincidence.
http://www.marketwired.com/press-release/agritek-holdings-inc-announces-industry-veteran-justin-braune-as-new-chief-executive-otcqb-agtk-2001103.htm
He's a front man. Period. He sells his name to stand out front to divert attention. You really think the SEC doesn't know this? It's the end of harvest season and Kyle, Joe, Jordan, Sterling, Ben and David's plans didn't quite work out as planned as prices have dropped 50-60% and they can't divert enough out the back door at current prices in Oregon to send back to Jersey and the DC / Maryland area (where Joe, Jordan and Justin met and are from). Their answer, gotta bust VAPE out sooner than expected. They tell themselves, there's a sucker born every minute, so we'll just have to take what we made and start the new scam early. I only wonder who is more foolish, you guys for falling for it again, or them for not realizing the SEC is passing their 5 - three drawer file cabinets and 2 terabyte hard drives over to the FBI after the first of the year. Believe it or not there are still people with integrity left in the world. I'm one of them, but I'd be lying if I didn't also admit that I want that 1/3rd of what they recover. Sterling's, David's, Elizabeth Weedam's, ALL OF IT. I can't say anymore. The people I'm working with have ordered my silence. Don't say you weren't warned.
How about diacetyl?
http://www.hsph.harvard.edu/news/press-releases/e-cigarette-flavoring-chemicals-linked-to-respiratory-disease/
And there are over 80 million dilutive shares yet to hit the market.
So you think cancer is funny The fact that the study is 90 days old makes it irrelevant? How about 70 days all over the news ?
http://www.courthousenews.com/2015/09/04/environmental-health-group-calls-e-cigarettes-carcinogenic.htm
http://www.thedailybeast.com/articles/2015/09/05/the-poison-in-your-e-cigarettes.html
http://www.nbcnews.com/health/cancer/you-vape-high-levels-formaldehyde-hidden-e-cigs-n290826
Hey dudes, let's go smoke some butane mixed with formaldehyde
VAPE NEW VAPORIZER PEN? Just in time for the bad news.
http://www.thedailybeast.com/articles/2015/09/05/the-poison-in-your-e-cigarettes.html
Esquire, YES, I can prove every word. But not in this venue. I've been working with this SEC re: PHOT Probably said to much already. However, if you can determine a way to meet in person I'll show you more proof then your heart might be able to grasp without having an attack. Reams and reams of paper documents as well as mucho gigs of electronic. We all know the OTC is a scam in itself, but in an "honest" OTC issue the trader at least has an opportunity to read the signs and play them accordingly. Here we have a professional P$D scammer running the show. Look what really happened at K-Tel, it was dying so they brought David in for a soft landing and show them how to suck the last of the shareholders $$ out before it crashed. Notice the only one screaming positive things from the rooftop about the stock is justman a convenient pseudonym for Justin Manns, Joe Andrae's brother and former CFO of PHOT. Look at the players, Kyle, Justin, Jorfan (Sterlings son), Sterling himself, Justin and Ben Bealieu, ALL former PHOT insiders. It doesn't take a genius to do a child's puzzle. Head puzzle master, the child king, Kyle Tracey. He even underestimated how much $$ he'd need to pull it off. Why would anyone buy a 1.7 million dollar house in Calabasas, pay a 7% real estate fee, pay all the maintenance, pool, yard, TAXES of just under 40 grand, then sell less than a year later for roughly the same price, again paying the realtor and a portion of the next years real estate fees and leave. Look it up, it's public record, 23825 Park Belmonte, Calabasas, 91302. My handler would probably kill me if they saw these posts, so you won't hear from me again except in person. Are you here in LA? I'm up in Topanga, so if you want to see it, ALL of it, establish something good and safe as a method to meet. I've on biopsy been monitoring this for years and probably shouldn't have posted. But, I can't bear to see you guys jumping through hoops trying to figure out what's the reason for this?, and why that? Occam's my friend, the most obvious answer is usually the right one. Kyle Tracey and money. Period. Honestly, does it sound that far fetched. If so, tell me to shut up, but when the SEC turns all the info provided over to the FBI, your pockets are almost empty just like PHOT, and you hear the chains clinking, don't hassle me for having the last laugh. Do yourself a favor, stop trading it, without the volume you can finally get Kyle's hand out of your pocket. Chalk it up to a loss and lesson learned. Oh, and Justin Braune just took the position of C.E.O. of Agritek 6 months ago, why would he move so fast, Occam's razor my friend, they're paying him boatloads, in CASH!
Just the facts, ma'am. Kyle, Joe and Jason are up in Oregon harvesting the balance of their crops. I would have thought you sharp guys would have figured it out long ago. Let's look at the dates, First approximately a dozen new corporations show up, those are the Grow and trim locations with a number of cover spots as well as stash spots.. Second the price begins the freefall, that's cloning, planting, and grow set up. Next we have continued freefall, they've spent most of their available cash on setting up one outdoor tremendous grow and four to eight indoor large grows. Then we have the sale of a tremendous amount of notes from a company whose history has always been a low 0S. That's them replenishing their money they spent on setting up the corps and grows. Next we have The proxy note holders cashing in daily. That's them again replenishing their cash stash. Finally we have the price free for all Drop, the grow is now up, trim has begun, and so WTF do they care about VAPE, it was all a scam from day one. They had to raise the money because they owe Sterling who along with David Weiner walked them through growlife but Sterling only cashed out 3 million while David Weiner 25 mil, Kyle cashed out 10 his mother Vicky cashed out 10 and his brother up in BC cashed out an unknown amount. By the way for those of you who don't recognize that's insider trading. Now everything's as it should be they've got a dispensary to look legitimate but most of the product goes out the back door shipped back to Jersey to cash in at retail prices in their home state that has no dispensaries. How else do you explain Kyle Tracey sleeping on an old friends floor three years ago and now is the richest man in the valley? The sad part is this karma is so bad and this is true with many young people who score early he's going to lose it all, they always do. They don't recognize integrity and happiness are the real scores and I think you'd all agree, they have neither. Perhaps he'll learn his lesson and on his second go around he might get to keep a penny or two. He doesn't care what people on I hub say about him What, you thought you were his friend and he was going to make you rich? Kyle cares about Kyle, never has cared about anyone else, Never will. Sad… Sad… Sad