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Over 15 years I’ve been in this pos. Hope something is up
And yet the market doesn’t care
Yawn ??. It’s only $100k. Revs will be great this year
Yes I follow it and am a current bag holder from $2.20.
This is a fantastic entry point!
I am still trying to figure out flights down so much when the data they released was actually really good.
Stop smoking the crack
Really shitty. Thanks for asking. #bagholding
Haha yeah right
What is their shares outstanding after this PharmaCann deal? What’s best site to use to get the most accurate share count?
13 years in this turd!!!!!!!!
Fck you Dees & Culpepper.
May God have mercy on your soul!!
I’m with you. I’m about to unload a 7 fig position. Talked to Net1. They yapping the same bullshit for last year and half. The mysterious trial that will start sometime?!?!
First harvest for LSU doesn’t even go to dispensaries. This is a long play. Lost faith. Will keep the warrants and hope maybe something happens in a couple years. GLTA
This stock isn’t moving up until next qtr. #fact
Maybe. Most likely. However, I don’t expect anything for the rest of Dec which is why I took some tax losses now since I re-entered at $18
Another state? Do you mean the Oklahoma deal or are you referring about another state?
How high can we go?
Tell me about it. Sold on run up, then got back in at $18. Literally the next day it dropped significantly and now we at $11. Grrrr. The reality though is the company is in good shape and feel like our risk is limited here. IMO.
Ignore the article. We sitting on 2 blockbuster drugs and $310 million in cash. I would say we are in good shape. Just have to wait it out.
Must there always be that one idiot on a message board. He offers nothing and posts like a child. Is there a way to block him?
Talked to Network 1 today. They said for the shares are needed if and when they start making some acquisitions which leads me to believe that they are looking/thinking about something. They said it takes months to get these shares and that the field is moving so fast that they don't want to be stuck not ready if an acquisition target comes available. They also said for everyone $8 mil they spend on an acquisition its work $100mil in revenue. I'm not sure about that but just relaying what they said. I argued with them about it still being excessive (400mil shares) but was shut down immediately.
Net 1 is preaching that this is a $10-$30 stock. I said bullshit and that maybe in like 10 years after all the trials for their patented treatments. They referred to GW Pharmaceuticals that went up 25 points when they announced a pilot study involving cannabis. I'm hoping that GBLX announces a pilot study in 1st quarter, but who knows.
Network 1 also mentioned that the bill to reschedule Cannabis is being voted on in spring.
Imagine the bill gets passed and then GBLX announces a pilot study or vise versa. This thing would definitely take off.
Also, the Chicago attorney was not issued those shares, he bought all in the open market.
It would appear that 2018 is going to be a significant year the company and the industry.
GLTA
OK first of all, $42 a share is not even realistic. That would give us a $5 billion+ valuation. That is not even in the realm of possibility until we are in a Phase 3 trial with huge success in P1 and P2. We haven't even announced a pilot study yet, but I'm told that its being announced soon.
Please don't even mention $42 again because its absolutely ludicrous.
$2-$3.5 price range in the next year is legit if everything keeps going as it is.
If, and I mean if there is some clarity at the federal level and they reschedule Medical Marijuana from a schedule 1 to a schedule 3, then I can see this jumping to $5 immediately. Otherwise, we are a long way from big valuations. IMO
What do I know though. I'm a nobody with a huge position in $GBLX.
GLTA
Anyone else want to chime in to explain or have a better understanding?
I’ll call Network 1 next week and get the 411.
I still think voting to raising the share count to 400mil seems very excessive. I’ve been down this road before. Maybe they will explain before shareholder meeting.
I don’t believe it was payment to the attorney, I assume he bought in that much
New Filings!?!?! Seems excessive to authorize 400m shares especially if this is supposedly on its way to $1. Think about it. Yes to 1. but a definite NO for 2. for me.
1. To approve the redomicile of the Corporation from the state of Delaware to the state of Nevada;
2. To approve an amendment to our certificate of incorporation to increase the number of shares of capital stock our Board of Directors is authorized to issue from 250,000,000 capital shares to 400,000,000 capital shares
Also 13G filed - GB Sciences issues 17,564,300 common shares to an Attorney from Chicago: Lawrence B. Ordower
25 East Washington Street, Suite 1400
Chicago, IL 60602
That's 13.7% stake in the company. Interesting.
Anyone know if/when that bill to reschedule Medical Marijuana gets looked at and potentially passed? I can't imagine what would happen to share price if it does.
Paperwork filed for new ticker symbol.
Not sure this has been mentioned before but they already put in paperwork to change ticker symbol to: GBRX. GB..RX. Makes sense
Real Valuation Number?
There are a lot of great things happening with $GBLX and we seem quite under valued. Any predictions on where we should be right now and where they can go? I still think this is a very long term play. Big money won’t come until we midway trough some trials and we haven’t even announced or started a pilot study yet. Thanks in advance.
Ps. I really wish You had this board over at IV. This spam ad platform on Investorhub is garbage.