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If you haven't already, I highly recommend you try the product. I like to take the 80mg spray bottle. Usually I consume the full 80mgs in one sitting. I can literally feel an instant difference in my health- improved cognitive functions, less anxiety, and improved sleep cycles. Try it for yourself
Gotta chill man. Good things take time- value isn't overnight. Stick to the fundamentals, that's how IBM and Hilton were built.
Where is Marty in all this. Hiding in the cut waiting to school us all on CV Science stock wisdom. I know you're watching, waiting... For the right moment lol
POS hemp stock protected by federal legislation, produces revenue has assets and prospects- riiiiight?Dude get a grip and chhhiiiiiilll. Maybe drink some CBD oil- it'll help. If you don't have the tolerance to invest in start ups, go buy a mutual fund.
Hopefully get guidance this quarter on CVSI 008. My understanding is its CNS indication- some sort of eye dropper delivery method. Also Calling revenue @ 3.520MM ~9.65% QOQ
I'll buy at $0.10- at what's it's worth.
Hemp is the new tobacco.
Beneish M-score or 9.4, yeah they MANIPULATE earnings!
http://www.gurufocus.com/term/mscore/OTCPK:TRTC/Beneish%2BM-Score/Terra+Tech+Corp
~
Conservative outlook:
800 stores * $350 revenue per store * 13 weeks, $3.364mm... 23.8% QOQ increase.
@$350 in per store Revenue over 13 weeks means each store needs to sell 9 units at an average retail price of $40.
Optimistic outlook:
@10 units, $4.16mm Rev 41.49% QOQ
@11 units, $4.68mm Rev 59.18% QOQ
Did you try calling investor relations? They may know.
This is a good point, and sorry for being rude in last post:/ until plus CBD is in the stores on the shelf, there's really no value.
Who's getting scared?
No major retailer will bring plus CBD to market while it's still schedule 1. I'm sure CV has pitched them and others but can't get through just yet. Not even sure they have scale to produce at that demand just yet.
Holding out for efficacy of drug trials... Picking up shares from chumps selling their cheeseburger shares on the cheap
Why would I buy from terra tech when I can buy from Canada?
To retouch on the debate about additional shares being added recently, I agree on the income taxation piece, but I also think they are also trying to increase float. The last time there was significant news was with the farm bill- pps shot to $200 before bottoming out at $0.10. My suspicion is 1. They need financing for further clinical trials and 2. They are diluting for pps control. Just my 2cents. We shall see
Could this stock channel any harder? $0.35 hard support. need to clear $0.45 for break out of resistance.
Testing December highs/January lows- technical for now. They're disclosing an increased number of different financing offerings- I think they have IND and are securing cash for phase 1. Hold
Must be a good size warehouse operation based on the rent they stated and the comp rates per square foot in the surrounding area:
http://www.loopnet.com/for-lease/lexington-ky/industrial/?view=list&e=u
My guess is:
@$15.5_SF/Year: ($2,979*12)/$15.5=~2,300sf rent space
@$04.5_SF/Year: ($2,979*12)/$04.5=~7,900sf rent space
So even on the low end with 2,300 sf of room to work with, you would imagine they have enough space to fit a lab, docking station, inventory put a way, and a packaging conveyer system. Enough to replicate the San Diego lab and build out their own manufacturing process on the east coast.
"On November 1, 2016, the Company entered into a lease for warehouse space in Lexington, Kentucky for a term of 6 months, with an option to extend the rent period to October 31, 2017. The base rent under this lease is $2,979 per month."
Found this interesting. Sounds like management is weaning their dependence on hemp supply internationally by saying they will not re-up over the year or next. See quote below:
--My best guess is they may anticipate Seed CX to be up and running by then or their own domestic supply in KY or CA to be at scale- prop 68 allows for industrial hemp production and they have some R&D tied up in the blue grass. Either way domestic production should cut costs, lower prices and increase volume of sales.
"Management believes the Company has the funds needed to continue its consumer product business segment and meet its other obligations over the next year solely from current revenues and cash flow due to increased sales and because our current inventory levels are sufficient to support sales for 2017, resulting in reduced cash outflow for inventory purchases. In addition, we do not intend to purchase raw inventory from our supply chain arrangements from the 2017 crop and/or 2018 crop."
Kind of random/unrelated to recent discussion, but found the following interesting. Maybe trademark infringement:
https://www.google.com/search?q=cornerstone+medical+center&biw=320&bih=460&tbm=isch&prmd=mniv&source=lnms&sa=X&ved=0ahUKEwio4pWg2IPTAhXI5oMKHd8kCjcQ_AUICCgD
Kinda bleak. Lot of impaired assets being walked down. Burning through cash, toxic converts, no significant revenue bumb, and no real improvements in cost of acquiring customers. Management better have IND news lined up soon
1 contract is for 100 shares at stated strike price.
? And Hmmmm why oh why would they be converting 10 year vested options this early. What oh what would they gain from doing that
"If the FDA approves cannabidiol-based drugs, it may restrict over the counter use of the active pharmaceutical ingredient. The Trump administration seems to be going down this route. Restrictions on CBD could harm Medical Marijuana Inc.'s sales and the sales of its portfolio companies."
https://seekingalpha.com/article/4058204-medical-marijuana-inc-risky-avoid-now
How did you find this guy?
Mona is a puppet, dowling runs this show
Gamble?
Oh good. I don't have level 2 :/
Opens today at sub &0.30s
Seems fishy... This may be a dense question but shouldn't the job be finished before paying someone? Maybe I am just misinterpreting milestone.
"Pursuant to the Amendment, which was approved by the disinterested members of the Board of Directors of the Company (the “Board”), the Company agreed to issue the remaining Fifteen Million (15,000,000) shares to the CanX Shareholders, and without the Company having yet achieved the remaining Share Issuance Milestones"
Well if they don't completely rip us all off through toxic dilutive financing, maybe they'll hire us:
$13 an hour temp accountant!!!
https://www.indeed.com/m/viewjob?jk=9357e45f38c4ef19&from=serp&prevUrl=https%3A%2F%2Fwww.indeed.com%2Fm%2Fjobs%3Frq%3D1%26q%3DCv%2Bsciences%26l%3DSan%2BDiego%252C%2BCA%26from%3Dmobhomepage%26rsIdx%3D3%26mobtk%3D1bbs6v1mfav5983f%26fromage%3Dlast
New CFO?
IND news and hmmm...?
Anyone got anything. Was expecting to hear more by now...