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SGBY has no legitimate excuse for always being late on their filings . They have had plenty of time to sort things out so they are either hiding their bad numbers or are incompetent , this isn't a good sign for investors and investors are staying away as is evident in the complete collapse in volume . Enough of the speculation , lets see the real numbers !
It also says nobody want's to buy something they have no real information on . The speculation can go both ways , maybe SGBY has shitty numbers they don't want to release until they are done converting stock ? Maybe their numbers are great and they just don't have the ability to ever file on time ? The fact is we don't know until they file but the one thing we do know is they don't ever file on time , that's why they got downlisted to the pinks .
"I am staying pat with my holdings until the 10
q comes out or acquisition news. "
Judging by the volume , investors are done guessing and speculating about the numbers too
We shouldn't have to be guessing , they should be able to file on time and release the real numbers as they come in .
This thing is turning into a huge disappointment . What is WW doing to lookout for his shareholders ? What is he doing period ? I see nothing changing and we do not hear from him like we used to . It is not hard to see why investors are turning away and will continue to do so until these guys get their act together . Very disappointed here , seemed like a great idea but it also seems like a great idea ran into the ground .
"If it was up to Me I would not allow anyone under the age of 24 to be able to buy it. "
"The experts say that is when all parts of the Brain is fully developed. "
This is the information people need to understand , not the reefer madness education of the past or any nonsense that comes from an idiot press secretary who doesn't have any knowledge on the subject . Give people the truth and the knowledge to make educated decisions for themselves .
I always speak the truth as I see it , for better or worse . It isn't always well received here but the truth as I see it .
Spicer did make a clear distinction between medical and recreational before he made a complete fool of himself by comparing recreational cannabis to an opioid problem . Clearly he has very little understanding of cannabis . Companies would be wise to remain as medical as possible . SGBY tests cannabis and cannabis doesnt care if you call it medical or recreational .
This could possibly be the catalyst that gets congress to vote for an end of cannabis prohibition
Trumps idiot press spokesman talking about something he clearly lacks an education in .
I have never bashed SGBY , I only have stated facts .
I have never claimed to be an expert in the CA cannabis marketplace , only a participant .
You have never crushed any facts I have given , only given nonsense information from a computer thousands of miles away with no actual first hand knowledge of the industry .
Why don't you name some dispensaries in Sacramento who use this mobile lab service ?
SC labs in fact does have an office in Sacramento now and is a very established and credible testing lab in CA , possibly the most in the state .
https://sclabs.com/ scroll to the bottom
https://www.sequoia-labs.com/ also actually in Sacramento with a large market share in the area
Feel free to make this as personal as you want , that reflects on you . It is just business to me .
At this point I would have to see it to believe it , but I hope you are correct . I'm also curious as to how and why you would have this information .
There is a big difference actually . You would have to pass already established labs like SC Labs , Sequoia Labs and possibly others on the way to Yuba city which a look at weed maps will tell you that nobody/very few? dispensaries in Sacramento are doing . Calling it Sacramento is very misleading .
Sacramento ? I wish they had a lab in Sacramento , it is a pretty large market there .
I can not and will not debate unknown situations that may or may not be reality . But I will show my displeasure on the only public forum that will be read by the desired recipient of my frustration when I deem appropriate . Good luck to all of us .
It is a risk I'm taking as well but that doesn't mean I have to give the company a pass on their failures
Sure but how do we know it isn't going right back to those levels because of something they are delaying in reporting ? We don't know until they fulfill their obligation and file .
You can buy into whatever excuse you would like . I personally dont give a rats ass about excuses , only results . They have had months to get this done and this point we have no idea if we are dealing with incompetence or deceit and manipulation , if there is something ugly in the filings then we will know which one .
At this point I don't understand how anyone is NOT annoyed and demanding accountability from the company . The same people that were cheering the uplisting are now downplaying getting booted back to the pinks . That makes zero sense , hold management accountable for their failures along with their success . Why would a company look out for their shareholders if they aren't being held accountable for their shareholders interest ?
I believe in accountability , I'm not seeing it here . This is just flat out incompetence or manipulation and deceit ........ take your pick .
The problem is until WW learns how to file we will not know if it was him or not .
What a shitshow this is turning into . Where is the accountability ? WTF is going on ......
There is no doubt that testing will be a major link in the cannabis chain going forward . Now lets see some numbers to confirm this . Good luck to you , Sir .
Guilty as charged . This company seems to have the best potential in the cannabis industry but I can't help but wonder if it is being run into the ground . File the paperwork , communicate to your investors , continue your lab buyouts in CA and just get your shit together SGBY !
What momentum ? All the momentum and investor confidence dried up a couple of cents ago . It's now time for this company to perform and regain what was lost .
I think people are making a mistake when they look at California testing with the Oregon framework perspective . California is not Oregon . SGBY needs labs in major dispensary markets . Thats where the money is . I have to run , I will stop by later on today .
I have been given some good investing advice here and I appreciate that . Im just trying to relay the truth as I know it .
I dont see any dispensary names listed , just city/areas .
Look at weedmaps for the dispensaries in Sacramento and see who is doing the testing . They need to get a deal done with Sequoia or SC if they are going to get into that area .
I believe you guys are way overestimating the Yuba city lab marketshare . I have never seen this lab being used by dispensaries in Sacramento not too mention you would literally have to drive past Sequoia labs and SC labs on the way to get there . My guess is 99% of their business is in the Yuba city area . Ask yourself this , why would it be so cheap compared to the other lab buyouts if it had marketshare ? Its just a token lab to say they have entered the CA market .
How would we know without seeing the numbers ? These guys need to get their shit together . Its all speculation until these guys figure out how to run a business and file .
Sounds like the same generic response we have been hearing for the last month to me .
I'm tired of the big talk , lets see some big results . Get the paperwork done and get out there and make it happen .
Does that actually work ?
I certainly hope you are correct but until the company gets its act together and files we are left in the dark to speculate while our investment is being watered down .
Could they be purposely diluting the value away to lower their cost on a stock buyout ? There sure has been a lot of shares added without any word from management .
That number keeps getting dirtier and dirtier .
Did you know the majority of cannabis grown in the Emerald triangle is outdoor ?
Did you know the majority of outdoor is sold untested on the black market ?
Did you know that the majority of cannabis being sold and tested in dispensaries is indoor ?
Did you know that it is the dispensaries that arrange the testing for the cannabis ?
Did you know that the majority of dispensaries are in larger urban locations ?
Did you know that labs like SC Labs have curriers throughout the entire state ?
Of course locations like the Bay Area would make much better locations for testing labs than a place like Yuba city , that is where their clients are . You are looking at the CA situation as though it was Oregon and it is not . You cant throw a rock in Oakland without hitting a warehouse grow and it is the cannabis that is grown in these types of indoor grows that is what is going to be tested and what the market demand is for in CA . The bulk of the outdoor grown in CA is exported to places that have a market demand for outdoor cannabis , the CA market demand in dispensaries is for top shelf indoor cannabis .
Lets try it again......
Too much inaccurate misinformation here to even begin . I suggest you gather a lot more information on the CA marketplace before you make erroneous post about it .
We were talking about CA and competition in the market before you tried to hijack and steer the conversation away from the facts . But here is one example of a competitor with more experience and there are many more .
"Steep Hill Lab is a California-based medical cannabis laboratory that opened in late 2007, making it the first medical cannabis lab in the United States."
https://en.wikipedia.org/wiki/Steep_Hill_Lab
"
Proof ? How would SGBY have more experience than a company who invented the cannabis testing industry ? How about we just apply a little logic ? You can deflect my points and try to steer the topic away but my points are still correct .