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Gotta start somewhere... Thanks Tothe!
So when do my shares come in lol.. TDA needs to have EVIO kick it in gear
I see it, just saying that first trade for 150 was at 1.50, and second for 650 shares bumped it down to 1.39 lol
I just want access to my shares lol
1.39 with 800 volume... Uh oh seems like as peeps get theirs they are unloading some.. Wtf
Someone has shares 150 for volume at 1.5$
Right! If WW was really going to f us he would have already. Anybody that doesn't believe that shouldn't hold through the split... Little late as that tomorrow lol.
By my reading which is in line with Stevens (mostly) we only have common stock now. Minus these supposed 10 million. WW, Lori and the board all have common now. Their shares split like ours do in two hours est.. The 10mill (which like Steven says could be more OR less which he failed to acknowledge as well) are a reserve stock that will be used for what ever.
Whether it's for notes, another aquisition, or just to provide cushion for voting purposes remains to be seen. I'm just not willing to pounce on WW for wrong doings that he hasn't even committed lol
I'm not denying it! I just said that as it sits now WW has 980 million shares to dilute! That's pretty fracking clear dude. What I am saying is that I don't believe WW WILL DILUTE THEM. So the 10 mill could be 10, 20, 200, or even 980 million, so what? What matters is what WW does with the freaking shares and how many he ACTUALLY issues. There is nothing wrong with planning ahead especially when growing a company.
The difference here is I'm optimistic about EVIO future, and currently, you are not.
If your so worried about this then why still hold the grandkids college find here Steve? All your doing is giving your self anxiety over things that take time to flush out. Why hasn't WW mentioned anything in regards to I pure in EVIO filings or disclosures? Because they aren't related! Lol IMHO WW could be a regional Lyft driver and run EVIO.. I know plenty of execs that have absentee positions. Not much of a family life but hey, to each is own
All that matters is what he is doing with EVIO. You really need to read some of your older posts again. That or just eat a freaking snickers... You get grumpy and cynical when your hungry. ;)
Time will tell Steven no reason to get the blood pressure out of whack
I guess All that is clear is that 10 million are being reserved for SOMETHING. No where does it say that they will be called "preferred A" or "preferred B." Just that the company is reserving the right to hold them and issue them if and when they are needed without having our say in it. The jargon here still has them as common IMHO.. It just means that the fully diluted post split OS we predicted (20 million) will be bumped up to 30 million. Hardly a lie or even a mislead. Not only that we voted to give the company full authority over this restructure. What ever it takes.
If I remember correctly WW was upfront about what needed to be done with this share restructuring. The shareholder holdings as well as the boards holdings were taken care of just as we thought they would be. The noteholders negotiations (the missing piece to this SS event) was the only unknown. WW has been clear on that each time he refused to give us a post split AS number...
To me this isn't nefarious, it just shows me that his negotiations with the current noteholders have most likely come to a specific figure. Considering when we open tomorrow that the AS will be 1,010,000,000 a ten million issuance of shares should be the least of your worries.
30 million OS
1.01 billion AS
Means that as of midnight WW has 980,000,000 shares he could possibly dilute. Will he? I don't believe so. What the new AS will be should be your only concern.. That and if the freaking pesticide machines will ever get that stamp of approval lol
I'm not knocking the revenue stream or SB both of those are stellar. But we can't jump that high by Friday WITHOUT the share reduction. Could be kiss a penny? Maybe. But will it hold above .01 and go higher without the reduction? No. Not crapping on pipe dreams here, just being real. Once the shares are retired this thing will go parabolic, until then we are at the mercy of the greedy mms and adrenaline pumped day traders.
I probably rode the same recent subs to penny ticker.. If so you have to admit that the SS there was beneficial to the move. Here, as of now, it's not
I think it's unfair to assume the worst here. For all we know the OS attributed to what was common shareholders will be 10 million and these additional 10 million (if that is the case) will be used to pay off all the convertible debt we owe. Remember when WW said that we needed to figure out what to do with the noteholders? Holding reserves (which can be categorized as preferred).
IMHO if this is the case then we will see:
10 million shares held by us holders
10 million held by EVIO board members (the old preferred)
10 million shares issued to pay off these note holders
That's a 30 million OS
Now WW's next move is to lower the AS from that 1 billion mark... If I was a betting man id say our new SS after all said and done will be:
30 million OS
40 million AS
0 preferred
10 million float
I do t know about you guys but that SS would allow ground level investment AND some wiggle room for future aquisitions. Don't forget when the AS is lowered and the threat of dilution dissappears institutional will finally feel confident enough to step up to the plate.
That's how I read it too. 10million OS...
The AS of 1billion is what needs to be fixed now...
Side note... WTF WW GET THE STATE OF OREGON TO CREDIT THE FREAKING MACHINE!!!
Look at the spread! Flippers still need to wait lol
Power hour could be nutz either way...
The spread action is very telling... Flippers beware!
.007 wall just disappeared...
And miss the .007s on this run?? Lol.
Full disclosure my stop losses are in so I can reload if a big dip takes us down..I'm just thinking that there is a tad more left in the tank
Look at volume on the dips peeps... More are holding for higher (.007s) imho
What happened last time y'all waited for a one tick gap here?? The dip earlier dropped to .0047...the close last Friday was at .00459.... Good luck hoping it fills such a meaningless gap.
watch l2 bid support... .005 is the battle ground for the new floor. I hope it holds
So now ONCI owns 100% of its FMS app? Plus 450k more revs on the books? Plus a go for CO domicile? Plus a week until ALL apps (including MJ app) are revealed?
Looking great! But still.. We need the reduction to sustain the move up...
If that DOES happen then I just found my post EVIO split powder... ZOMG
How down?? Level to slight increase is the norm even with outsourced pesticides... If anything Mass will provide the slight increase. (Not a whole lot, but enough to cover lost consulting...)
Plus... WW said we are only at 60% capacity...
Back over 800k, but less than the mil imho
I told you it wasn't going to be nefarious..tomorrow is another day night buddy
Nice going THCM. Let us know what he says!
Sorry no pm lol
All we can do is keep up the pressure on him regarding what this I pure is all about. I'm hoping for the best
Hmm.. More revenue yet we are red today and still churning 003s??? When is the share reduction?? Peep with clout need to press Steve. With out the reduction this is going nowhere fast...
Fingers still crossed... But they are starting to get tired
Newport Commercial Advisors
From the 10k:
During the years ended September 30, 2016 and 2015, the Company incurred total expenses of $60,026 and $64,300 for management consulting services performed by Newport Commercial Advisors, an entity fully owned and controlled by our Chief Executive Officer. There was not a balance payable to Newport Commercial Advisors as of September 30, 2016 or 2015.
From latest q:
During the three and nine months ended June 30, 2017 and 2016, the Company incurred total expenses of $7,858 and $14,000 and $35,530 and $48,006 for management advisory services performed by Newport Commercial Advisors, an entity fully owned and controlled by our Chief Executive Officer. There was not a balance payable to Newport Commercial Advisors as of June 30, 2017 or September 30, 2016.
Also... For Steve to explain the 38 million shares given to management... My DD shows these (also in latest q):
Through September 30, 2016, the Company received loans from its Chief Operating Officer totaling $96,000. Through September 30, 2016, the Company made repayments totaling $4,295. There were repayments totaling $7,500 made during the nine months ended June 30, 2017. There was $84,205 and $91,705 due as of June 30, 2017 and September 30, 2016, and is included in the accompanying consolidated balance sheets as a current portion of notes payable to related parties. The loans carry a 0% interest rate and are due on demand.
During the nine months ended June 30, 2017, the Company received loans from its Chief Executive Officer totaling $80,100 and made repayments totaling $75,650. The loans are non-interest bearing and due on demand. There was $4,450 due as of June 30, 2017.
During the nine months ended June 30, 2017 the Company made repayments to Eric Ezrine, a shareholder of CR Labs, on an outstanding note payable totaling $10,708. The loans carry an interest rate of 0% per annum. There was $2,560 and $13,269 due as of June 30, 2017 and September 30, 2016, respectively. Additionally, the Company entered into a severance agreement with Mr. Ezrine whereby it agreed to make payments totaling $44,500 through August 2018. The Company made repayments of $18,050 during the nine months ended June 30, 2017. There was $26,450 and $44,500 accrued as of June 30, 2017 and September 30, 2016.
On October 19, 2016, the Company assumed a $194,512 payable due to Henry Grimmett, and officer of Greenhaus and current Director of the Company, with its acquisition of Greenhaus Analytical Services, LLC. The note bears interest at 0% per annum and requires repayments of $25,000 quarterly. During the nine months ended June 30, 2017, the Company made repayments totaling $24,100. There was a total of $169,412 due as of June 30, 2017 of which $100,000 is current and $69,412 is long term.
On October 19, 2016, the Company entered into a $340,000 note payable as part of its acquisition of Greenhaus Analytical Services, LLC. The note carries interest at a rate of 6% per annum and matures on October 16, 2020. There was $340,000 of principal and $14,364 of accrued interest due as of June 30, 2017.
On November 1, 2016, the Company entered into a $50,000 note payable to Green Style Consulting, LLC as part of the asset purchase agreement. Green Style Consulting, LLC Managing Member is our General Manager Northern California, who was hired by the Company concurrent to the asset purchase. The note carries interest at a rate of 5% per annum and matures on October 31, 2018. During the nine months ended June 30, 2017, the Company made repayments of $8,000. There was $42,000 of principal and $1,532 of accrued interest due as of June 30, 2017.
Through September 30, 2016, the Company borrowed a total of $16,200 from our Chief Science Officer to fund operations. The loans are non-interest bearing, due on demand and as such are included in current liabilities. During the nine months ended June 30, 2017, the Company made repayments totaling $7,000. There was $9,200 and $16,200 due as of June 30, 2017 and September 30, 2016, respectively."
BEFORE WE JUMP TO CONCLUSIONS, remember all the NON INTEREST BEARING LOANS our board gave the company over the course of two years..
Last post :)
Night buddy. Like I said these next two weeks are going to be rough. I hope our faith has been assigned to the right side of the equation.
It was on the tabernacle
I guess I don't see how it's bad?? Any route of speculation points positive IMHO.
Maybe WW is leaving EVIO to a new CEO ( which many peeps here seem to call for when times get rough) and has a plan to sell his I pure lab to EVIO for more shares. Win for the cry babies, and a win for EVIO that will be in NV
Maybe EVIO will be bought out and Ipure will be WW's private focus. Good for us as the buy out means we get compensation for our holdings above market value
Possibilities are abundant but not negative. IMHO only
Night Steve. I too hope things get better.
I believe mags did on another medium. Like I said that's all i know. I pure can't be the lab we outsource to cuz you can't just send cannabis samples over state lines... IMHO I pure is a curve ball that WW is keeping close to his chest. I just don't believe his intentions are to f us shareholders. I'm sorry that some longs (which can't be called that anymore IMHO) don't see it that way.
Currently all I know is that it is a lab owned by WW. Not EVIO.
I guess we will have to wait and see... But I seem to remember the board asking why WW hadn't expanded EVIO into Nevada yet... Speculation of course. As Steve is right none of us other than WW knows... Leap of faith imho
And Christians explination in the CC wasn't enough for you? Sad
Lol have you asked WW?
Might not be as nefarious as you suspect. Mutual friend alerted me on this already lol..
Like I said you gotta do what you gotta do. But it looks as though me, the human chess machine, and cherio will be the only ones saying I told you so. Funny how that works..
Last three paragraphs?? The ones that mention how they are hiring or have hired two additional accountants to help Christian file?? Or the paragraphs that talk about how WW has been paying off convertible debt in July?? Oh.. The 38 million shares for employees?? It is my belief that the entire SGBY team deserves this minuscule amount of shares for their hard work. WE ARE NATION WIDE NOW. The only negative is the uncertainty on the reserve and AS negotiation..
Gonna miss ya here.
Hahaha! Listen to yourself? RS pressure getting to you?? Read your latest posts again, then read the CC.. Enough said.
Its time board. Choose to side with EVIO or miss out.
Man. Cheerio on the positive side.. And Steven flip flopped to negative?? Twilight Zone!!
I guess only a handful of us are taking the leap of faith...
All jokes aside... Respectfully, Your missing out Steve. Tar is right in some regards, but he plays things WAY TOO SAFE sometimes. He is also too pessimistic when It comes to faith in WW's company vision and execution. Building the business WW and we want takes time. But ask yourself where we were last year, and where we are now. Since a new AS below a billion isn't set in stone, tar sides with the uncertainty, rather than allowing WW to prove his word is good. Not saying tar is bashing, he isn't, he is just showing that things are not set in stone. The difference is I believe, (I am betting), that WW will do me, a shareholder right.
Do what you gotta do, but you and I both know that revenue retention is about receive a huge increase...
Mass revenues haven't made it on a q yet (next one will see some as they are already up and running)
Neither has whatever precentage of Florida's we get (by end of q1 2018- q2 2018)
Biggest revenue maker is the pesticide machine... any day on that btw
Sorry to see your EVIO fervor is waining... Glty
I Agee with this assessment, but it still doesn't explain why that noteholder held his shares... You state here that they all just want to get out... At least one has shown that he doesn't... Yet.
Bingo.this is why (I believe at least) that noteholer from may only chose to convert 25k worth of shares..there is a dance coming up where noteholders will want to get the most money they can while WW and the board are trying to protect themselves and us (since post split there will only be 1 type of stock: common)
Going to be nerve racking fo sho,
Updates?? Some of us are on planes... Lol