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These are interesting items taken from the 10K under the risks statements.
(Edit of post 20063 for typos and format)
I wonder is this has occurred...
The Company could be liable for fraudulent or illegal activity by its employees, contractors and consultants resulting in significant financial losses to claims against the Company.
I guess additional high level personael are needed, adding cost.
Entry into international markets diverts management attention and requires financial resources that could be spent elsewhere and poses increased costs due to numerous banking, compliance, financial, legal, market, and reputational issues.
Is this because they are a B corp? Most companies have safety associated costs.
The Company is subject to environmental, health and safety laws, compliance with such laws may be costly, and any failure to comply with such laws could negatively impact the Company’s results of operations or financial position
Are we being forewarned there will be more dilution? Or is this just a general statement?
There is no assurance that the Company’s cash flows, and debt or other financing will be sufficient to fund the Company’s operations for the next twelve months or thereafter.
This is a biggie. I wonder what is going on.
The business interests of the Stanley Brothers may conflict with that of the Company.
Thank you. The staff accountants are basically the grunts for Period Closes.
Current economy is treating me fine, investments are fine, we too are spending less than earnings. BUT.... There are so many predictions as to where the economy is headed.... in today's climate, that is the unknown. Thank you for caring.
Here's my two cents, for what it is worth. The job post was initially in March, was it not? By beginning of March the books for 2021 should have been closed; and the staff accountant is focused on month end closes. What remains is the internal and external audits, the analysis various reports and filings; this is done by Sr. Accountants, Assistant Controller and Controller. If the staff accountant quit in March, it should have no bearing on YE close.
Now, an urgency for hire before the former accountant leaves for cross training is smart. Bringing someone into a cold seat causes for a lot of process misses. They need this accountant in place to close the books for Q1FY22.
Is there a rule which states when they need to publish ER date? Also, with a new audit firm, it could be there may be a delay in reporting, but don't they have until the 30th or 31st to file the extension?
I wouldn't mind helping CVSI ou, but we're both (hubby and I) now retired, and I hadn't thought about working. Who knows, with this economy, I may need to return to work.
Please, share the source. Or is this just WTOYP?
Insight from ThaYoda on the Y
Charlotte's web in the news
Motley Fool
https://www.fool.com/investing/2022/03/24/charlottes-web-stock-sank-today-is-it-a-buy-now/
... and movie wed...
https://movieweb.com/charlotte-web-hbo-max/
In response to your text a text I rec'd.. Which will be more profitable?
It is good business practice to write off losses, to mitigate possible future loss isn't it.
I find it gratifying that businesses, ALL businesses are able to do this
It's sad though, that on average CW love st an average of $367.3k per day last year. Maybe the bleeding will stop now?
What you have forgotten, is YCBD are new call letters for LEVB. Level brand was not a CBS comoamybwhen it initially listed. But in 2017 changed its name and call letters. YCBD, if initially listed, would be on the ORC. it was grandfathered in on the NAS. Lets compare properly.
Seems to me he is now in health benefits, his latest 2 patents...
Methods of treating sarcopenia
Patent number: 11219620
Abstract: In some aspects, a method of regulating oxidoreductase activity for treating an inflammation or age-related disorder ....
Type: Grant
Filed: July 14, 2020
Date of Patent: January 11, 2022
Assignee: MyMD Pharmaceuticals (Florida), Inc.
Inventor: Jonnie R. Williams
Synthetic Cannabinoid Compounds for Treatment of Substance Addiction and Other Disorders
Publication number: 20210380998
Abstract: A method of increasing the cannabinoid levels in a genetically modified Cannabis sativa plant includes genetically modifying the plant to induce the overexpression of the gene that controls the expression of tetrahydrocannabinolic acid (THCA) synthase and/or cannabidiolic acid (CBDA) synthase....
Type: Application
Filed: July 22, 2021
Publication date: December 9, 2021
Inventor: Jonnie R. Williams
Actually a staff-accountant does a lot of work, but people come and go, so isn't it better they replace someone, rather than not?
I would also deduce that the person leaving, as the posting was from earlier in the month, gave notice so they can finish out the YE close.
I won't promote the job openings at CW, but they have quite a few interesting ones.
There are some who know what was meant and had the grace to excuse the error. Read it as MOOT and mock not.
Anothher mis leading post.
Lets not get off track... the coversationstemps from this post
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168227645
And revolves arend one specific ghost company . It may be beat not to mis-quote, so as not to mis lead.
This is interesting. I wonder what the chances are that CVSI will grace your doors with business in the future, given the unprofessional post here today.
You do know the do monitor the posts on several sites, don't you.
We should be hearing from CVSI on YE reports. Mar 31 is die date; 2 weeks left
What worries me most about this is the wording. Is it a smokescreen again? Mid-term elections coming up, and Congress *did its things, we are good* but is simply **advising** the FDA to get election results. I say if nothing happens with this by election time, vote accordingly. We need representation of the people, not the FDA and a select few.
IMHO, this is another smokescreen. It is a request, not order. It will he ignored as there is no true incentive for the FDA to alienate big brother, I mean big pharma. Band mid-tetm elections are on the horizon. Don't get fooled on election day if there is no progress on this.
What about product fraud lawsuits by ce, or do those not count? We all know the lawsuit against CVSI is the result of Andrew Left lies, so not worried.
Thank you for the highlight. The rest of the article is a good read as well.
Oh, thank you for this. My sentiments as well.
How do you know these things??
ROTFWL
What scares you about this? I am trying to truly understand the reason for the post.
What does this have to do with Dr. Maroon? Why does the accomplishment of one have to be maligned? Or is is simply because Dr. Maroon is associated with CVSI?
Please help me understand the relevance here.
I think when people figure out that the government is using all these bills as a carrot on a stick, maybe then the right people will get elected into office. Until then, I really don't expect any legalization, only constant promises and moved goals.
I have to admit, both my husband and I had a chuckle over this.
Thanks for the laugh.
SP is up, but the volume remains low. I don't like this combo at the moment.
#1. The product works, and they use both sources. I don't have an issue with it. But PlusCBD remains my product of choice.
#2. Grammar is a good thing, isn't it!
Too funny!!
MadHippie is not a CVSI brand; theyv've been around a while. See Google search below.. lol There are 3 products highlighted in that add section.
https://www.google.com/search?q=mad%20hippie%20vitamin%20c%20serum&ie=utf-8&oe=utf-8&client=firefox-b-1-m
Here a thought re the lawsuit.
Some on this board are saying CVSI will be forced to pay out the full amount, based on the changes the plaintiff's attorney want. I am a shareholder who purchased shares, with enough brain capacity to know that the patent was still pending, and that *final rejection* applies to only a section of the patent which needs to be revisited, etc. I took a risk. As such, I do not agree with the lawsuit, and am willing to forego any settlement as I feel it is very unjust to do so. This is on Left and Citron, not CVSI for the shorting and bashing that took place then.
That being said, if Plaintiff's attorneys continue to force this issue, that regardless of how many shareholders file a claim, the company must pay out the full amount, even if to a *trust*. --- I say I have a case to sue the plaintiff's attorneys for unjust hardship on myself and the company for ignoring the fact that some shareholders are in support CVSI over the plaintiff. Any settlement allotted myself is my decision on if I take it or not, not the plaintiffs. Period. If I choose not to further burden CVSI, it is my call, not theirs.
I am a bit tired of others thinking they know what is best for me.
Up for discussion to choice of action v an opine being forced upon one.
Class action against the plaintiff's and their attorneys anyone?
Thing is, the earlier language wasn't on the the one earlier doc 158. Go ahead and do what you're doing. The final doc is the important one. I'll wait for it
Thanks for the correction. I mis read antimicrobial on my phone. Apologies.
Let's see what the final document states. I'll wait for it. That was the plaintiffs response, was it not?
Looks like it may be a prescription product? Adding antibiotic to the mix, I would think it would. Good for them.
lol, no info on that link.
This too is old, as is for all CBD mfgs. Walmart put the kebash on all CBD sales over 2 years ago. Most Cos are keeping their ads up for visibility, but it's been sold out for 2 years.
This two is from 2 years ago, Sep. 24, 2019. Again, when the dust settles, will the contracts be honored?
You do realize that post of from July 29, 2019. Just before the Covid lock downs. So hopefully when all the dust is settled the old contracts will be honored.
I was following the conversation,. Others have addressed the issue in question as well.
In any case, I should have referenced this post
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167978304
I think you know once the preliminary is edited by all parties and final version filed in court, CVSI will have a post. It would be counter productive to do so before hand.
I'm a bit surprised one would expect a website prior to final acceptance.