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Gro3 on the board for revenues. Just about the weakest news we could’ve gotten today, but proves there is an application for Gro3
How is this great news? It’s a partial follow through on an LOI from 6 months ago?
Did we assume the Kalvara deal wouldn’t be completed? We knew this relationship existed, we don’t even know if the PO is for the full 8 units. Kind of sad this is seen as “great news” - shows how little faith we now have in Roger to follow through.
It is positive news, don’t get me wrong. Gro3 in the revenue column. If we were talking a Colombia JV today, then you’d see the pps move.
I don’t agree at this point. What if this audit drags out 6-9 more months like last time? Does that mean the company sits in neutral for as long as RBSM takes? Remember last time when all they needed was the “footnotes” and we waited months for that?
At this point, Roger needs to pivot from the strategy of waiting for the audit. It’s too costly. For all the reasons Rocket pointed out, time is money.
I agree. Just don’t think Roger has been willing or adaptable to pivot from his plan with these audit delays. There is no other explanation.
It makes too much sense! We get pps up to a reasonable valuation of .25-.50, so many more opportunities available.
Let’s assume it’s coming. Roger is a greenhorn CEO, but he does appear to be listening and open to ideas.
I think this audit crap that has dragged on 2 years now has completely threw his plan off. I think he just needs to reassess where AMFE is, what the priorities are and how to get there. The audit completion is not in his hands, so let’s move forward.
Anyone with any business acumen knows this....how do we get it through Roger’s thick skull?
I have some more legitimate questions. You say you have made $120k and hold a million “free shares.” So your million free shares are worth $90k right now. Why do you post this drivel? You should be grateful to no end to Roger.
Do you get drunk on Saturdays and come on the AMFE iHub board to post useless junk that we all know? Oh, no word on Gro3 yet, haven’t said that 300 times already. You really need a girlfriend if this is your existence. Especially on an investment that has netted you $200k so far. Get real buddy
You too. I’m actually apathetic about the “news” this week. I am expecting the worst and hoping for the best.
If it’s not big news and there is a drop short term while we continue to wait for the audit, I’ll add more. If it’s great news, I’ll be thrilled and look forward to a new, higher pps base moving forward.
One day we’ll reminisce happily. iHub is my therapy in the meantime.
I agree with everything you said. Just doesn’t make sense to feel confident the audit will be released anytime soon. I’ll be here waiting as long as it takes.
I harp on unfulfilled tweets and PRs because that’s the reality. Is acknowledging the reality worse than continuing to make excuses for what’s going on? I’m in the red here, I’d like things to change and advance at a quicker pace. But here we are.
Unless by “audit news” you mean some lame update. You know, that is done except for the footnotes? Or, the audit has taken longer than expected due to some unforeseen...? Then I’d vote yes.
Not a chance
Haha. Come on man
I’d take a nice move like LBAS right about now! Gone from .002 to .012 in a few weeks
Haha. I laugh because it’s true and I don’t want to cry
What do you think this “news” will be? I’m telling you right now it’s not audit completion. It’s going to be a non-substantive update to keep the shareholders off his back.
Wonder where Ambrose took vacation this time? I hear Dominican Republic is nice this time of year.
Haha. Yeah. Got March madness fever here! Bracket is looking good, I had Wisconsin out first round! Haha. I’m tempted to buy some more today too, even the fluff news he puts out helps pps for a week or two
That is one huge plus here, I agree. People getting all hyped up here, but there are lots of companies better established with more licenses, cash on hand and open stores. This is a big spec play. I’m not interested yet
$13M goes nowhere in retail Cannabis. Lots of companies with much more cash on hand and more licenses secured
The news will not be regarding a completed audit. We know this. When the tide and sentiment turns among investors, Roger is reactive to that. He will try to stem the tide with what I hope is some real Gro3 news. If it’s more of “what’s to come,” look out.
I really hope RBSM hasn’t given him bad news in regards to audit completion delays so he feels he needs to do this. We know his plan was to wait until the audit was done to announce anything of value. And all the posters here praised that. Let’s see. I really hope it’s meaningful or another strike against him
I know. What we are waiting for is the audit.
This is the same pattern. Every time investors turn on Roger and put the heat on he does this. Last time he teased the Ambrose trip to Colombia, Walmart P.O., etc... none of which was followed through on as of yet. When he ran out of news, we got the regrettable shareholder letter.
Expect some similar “news” next week. I think it’ll be some crap about the team taking visits to 20 locations for SnL expansion. Meanwhile we have no groundbreaking or actual expansion outside of jrf in Arizona.
Prove me wrong this time Roger!
No. It is a continuation of the 1st tweet that day - so all those are connected to what will be in the “coming weeks”
Haha. I read the investor presentation and did some DD after I posted. Obvious potential but serious question marks as well
No revenues yet.
It is spring 2019 and nothing
“Pushed out further than anyone could have anticipated” - story of our lives here.
Thanks for the honest answer. Hope one of these “relationships” comes to fruition and the Kalvara LOI is delivered on.
Wonder if Ambrose’s trip to Colombia was a bust (I assume so) or if something beneficial will ever come of it?
What’s the revenue here?
That bounce was short lived
Do you think Ambrose has sold any Gro3 units?
It’s either him or the product. Entering MJ boom with MJ grows starting everywhere and hasn’t sold a SINGLE UNIT. I hope it’s Ambrose that’s the problem.
Oh yeah. Been waiting 9 months for that Colombia JV news.
With the huge amount of shares available, are we worried about dilution soon?
We can dream, right? No way Roger shows up there. They don’t even have an investor presentation. You do though!
Let’s lighten up the board and you tell a heartbreaking cancer story? Geez
Why? This is going way lower until audit is filed. You’ve been here long enough to know that
That’s why I’m so confused why people here want/demand an “audit update.” Who freaking cares? Finish the thing and announce the news you claim to have built up.... we don’t need anymore Roger crap excuses and mea culpa letters
Being confident and understanding where the short term pps is headed (down) is not mutually exclusive
Yes. Just like last time with the other audit debacle, there reaches a critical point where investor confidence is shot. This time it took 4 weeks. You see the sentiment shift on the board here.
Scary part is last time it took almost a year for the audit to be completed. This will trade at .05 within the next month if audit isn’t completed. So disappointing! Glad my bids at .089 didn’t get filled last week!
Be careful. 9 cents was the bottom, building off Roger's "coming weeks" tweet. 5-6 cents is the bottom as this drags out more. Look what happened when we went through this exact same process for the last audit. 9 cents should be a bargain for the long term, but this will see 6 cents- we'll start dropping on low volume just like last time.
What really stinks is the lower it goes, the more room for traders to pick up shares to flip. We know without IR in place, and longs maxed out - that's what will happen. I have some funds available, will buy as this drags out. Smh
Yeah, we all need to do ourselves a favor and not look at the Twitter timeline. I just looked back at it, PAINFUL! None of us would say a positive thing about Roger if we looked back over the last year of tweets.
This was one of my favorites from 5/3/2018:
Ambrose returning from Columbia on a very large and promising GRO3 JV initiative involving local government that could really get the sub fired up. Details will be announced shortly as they develop and progress.
GUESS THEY NEVER “DEVELOPED AND PROGRESSED!” Smh