Not a financial Adviser. Everything is my opinion only
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Not hurting MRMD.
Illinois is also open for business now as is Maryland.
MariMed, Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced it signed a definitive agreement to acquire Green Growth Group, Inc. (“Green Growth”), holder of a provisional Cannabis Craft License in Illinois.
MariMed Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced that it has entered into a definitive agreement to acquire Kind Therapeutics U.S.A., LLC (“Kind”), a leading vertically integrated cannabis business in Maryland. The transaction is subject to customary closing conditions, including regulatory approvals.
The transaction will result in the third state, incremental to Massachusetts and Illinois, in which MariMed will have acquired a licensed cannabis business it manages and assisted in developing. Once acquired, Kind’s financial results with be reported by the Company on a consolidated basis. The Kind acquisition will further represent MariMed’s successful implementation of its strategic growth plan to consolidate the multiple state cannabis businesses it organically developed and manages.
25M plus shares have been traded since Jan 1st which is I believe when the deal was closed. 5.7M shares have been absorbed many times over. This is the first of any kind of class A shares sold since March of 2021. Their is something else going on here.
Some predatory entity wants this to be held down and clearly they are closing it red at all costs almost eveyday this year. A lot of shady business goes on behind the curtain and somebody has a hand in suppressing IQST. Maybe its out of spite, maybe they offered IQST a lousy deal and Leandro told them where they can stick it. I would not begin to speculate other then somebody wants a piece of this company. I dont blame them. The future here is bright.
However in my opinion a share buyback does nothing. If MM's want to short this without having to locate shares legally they can by being short exempt....essentially legal naked shorting.
Dropped the price 50% in one month on 5.7M shares sold to an institutional investor after no dilution for 9 months.
Write the SEC as I have to keep eyes on the predetory entities and HFT ladder shorting IQST
Endless games with the stock price by predatory entities. At this point what the company says matters very little at how the share price of most companies move.
Driven down to a demand zone again until the next supply zone
Watch as these HFT play ping pong with 1 thousandth of a penny
$64M in 2021 $90M projected in 2022 Debt free and become profitable.
Without a single EV motorcycle sold.
This has been Zero percent of their business thus far.
Whoever wants to purchase IQST's elite battery solution is more than welcome to do so. This only adds to the bottom line by expanding yet another Business division of many.
Exactly
Excellent post
Reread the shareholder letter for anyone confused about the direction of the company.
Especially the parts I have in bold. This one is the main one.
"The terms of the $60 million investment are contingent on our Nasdaq uplisting"
I believe this deal with an investment bank is to assist by allowing the SP to trade cleanly and defend from predatory high frequency traders. This will assure they reach $4 (which for a proper industry multiple they should already be $4 minimum) for the Nasdaq uplisting or no deal.
Reaching the Nasdaq from OTC is only reserved for a very select few. This is a very orchestrated and dirty game. Some palms will need to be greased. I have never seen a company better fit to do it then IQST. Debt free, no warrants, multiple divisions, Award winning products, Fortune 500 clients, beating revenue expectations....etc
IMO
Dear Shareholders:
Our strategic financing progress in December was fast and furious. On the heels of increasing our 2021 revenue forecast to $64 million, we secured a $2.75 million investment bringing our shareholder equity up to meet Nasdaq's listing requirements. We also executed term sheet for a $60 million investment to support our merger and acquisition objectives over the next three years (The terms of the $60 million investment are contingent on our Nasdaq uplisting). The busines development activity surrounding our strategic financing is ramping back up to speed in the new year following the holidays and we anticipate new updates coming soon leading with a counter signature announcement on the $60 million term sheet.
In the meantime, we have achieved another major operational development milestone expanding our reach into the electric vehicle market.
We continue to build iQSTEL's overall combined operations to serve an increasingly mobile and connected world.
iQSTEL provides connectivity through its B2B iQSTelecom Division which includes our Telecommunications, Internet of Things, and Blockchain products and services.
iQSTEL provides mobility through its B2C EVOSS Division which includes our EV Motorcycles and Fintech Mastercard Ecosystem products and services.
Today I am pleased to share with you that iQSTEL has now formally and tangibly entered the EV marketplace with our first batch of EV Motorcycles having rolled of the production line.
The first production run will be shipping to Spain for distribution in Europe, the United States, and Panama, for distribution in Latin America.
The heart of our EV Motorcycle sales operations today will be focused on Latin America where we will target the replacement of the widely adopted 125 cc combustion engine motorcycles. Our competitively priced, low maintenance, gas station independent EVOSS EV Motorcycle is built to deliver a look and feel very similar to a 125 cc combustion engine motorcycle it is designed to replace.
The roll out of the EVOSS EV Motorcycle announced today is just the beginning of our EV business. We have more EV's being designed right now. We are also drawing on our deep overall technology background to develop EV disruptive technologies that will set our EV products apart from the rest of the EV industry. We are currently in discussions with dealers in Latin American and Spain and eager to expand those discussions – contact us at info@evoss.net.
Our tangible entry into the EV marketplace, in combination with our ongoing revenue growth anticipated to reach $90 million this year, and our shareholder equity now meeting Nasdaq listing requirements, further confirms my confidence in the potential of our share price to organically reach the required price for a Nasdaq uplisting.
Sincerely,
Leandro Iglesias
IQST – iQSTEL’s IoTSmartTank Wins Smart Appliance Product of the Year IoT Breakthrough Award
New York, NY – January 13, 2022 - iQSTEL, Inc. (OTCQX: IQST) today announced its Internet of Things subsidiary, IoTLabs, has won the The Smart Appliance Product of the Year Award from IoT Breakthrough for its IoTSmartTank device.
This is a second consecutive year for iQSTEL’s IoTLabs to win an IoT Breakthrough Award. In 2021, iQSTEL’s IoTLabs won for its IoTSmartGas device.
Other IoT Breakthrough Award recipients include Bosh, GE, Apple, and Lenovo among other recognized brand names.
The IoTSmartTank device is currently deployed and operational. iQSTEL announced last August the instillation of 2500 devices in a contract with a Fortune 500 chemical company.
IoTLabs is part of iQSTEL’s B2B iQSTelecom Division which includes our Telecommunications, Internet of Things, and Blockchain products and services.
iQSTEL is serving the world’s growing mobility and connectivity through its B2B iQSTelcom Division and B2C iQSTEL EVOSS Division.
The B2C iQSTEL EVOSS Division includes EV Motorcycles and Fintech Mastercard Ecosystem products and services
iQSTEL CEO Leandro Iglesias commented "We are very proud of our IoTLabs team. Special recognition goes to the IoTLabs R&D Department and CTO Jonathan Bunt. IoTLabs recognition among a field of other recipients including several Fortune 500 companies adds further credibility to iQSTEL’s readiness for a Nasdaq uplisting. With the exception of our share price, which I am optimistic will come into alignment, iQSTEL has achieved all Nasdaq uplisitng requirements and initiated work on an application. With iQSTEL expecting to report $64 million in revenue for 2021 and a forecast of $90 million for 2022, I am confident in our opportunity to achieve an uplisting in the first half of this year.”
Imagine thinking the reason the stock is down when the entire market is crashing is because the CEO was a few days early in announcing the biggest bank deal in company history. Imagine thinking the shorts have nothing to do with the pull down from $1 to .60 after it ran over 100%.
I dont blame the shorts, their was plenty of meat on the bone, of course they are going to short it.
News flash. Stocks dont only go up forever. Pull back and a rip once they cover and play the upside.
Dont forget, plenty of news is on the way. Not good news. Great news IMO
Over 1.1m shares were sold short into the market at the most opportune time to synthetically drive the price down. They will need to cover these.
A few stops where hit but retail has become wise to these games.
Play stupid games win stupid prizes.
Hedge funds have suffered tremendous losses this year with many shutting their doors
Preditory HFT are a systemic problem in the stock market that the SEC has been looking into.
Would not be surprised if IQST closes green after this stop raid
Which part did they under deliver? Was it beating earnings? Was it being debt free? Was it the bank deal? Was it the new acquisition? Was it the new line of electric bikes?
Be specific. Support your theory
Great news!! Toss in $60M for 1-2 more strategic acquisitions in short order
Then.....Boom Nasdaq
This is not retail selling. Looks like High frequency trading and MM's jerking each other off.
If you are retail and you sold here raise your hand....then smack yourself with it
Would love to have some news drop the next day or two to vaporize these market manipulators
Look for a break out over $1 after they pound the .99999999999 for a bit
On the way to $5 and still undervalued
IQST Long duck dong
Up 1183% in 2021 sooooooooooooo....ya theirs that.
Not to mention. SHORTS HAVE NOT COVERED
https://finance.yahoo.com/news/amc-entertainment-is-yahoo-finances-2021-top-trending-ticker-211913311.html
In Gary Genslers words help keep the market free from "bad actors"
If you see any post that may be seen as an attempt at stock manipulation feel free to contact the SEC whistleblower program. Most times these "bad actors" have a position or are working with someone who has a short position in a company or would otherwise benefit from making up inaccurate posts.
https://www.sec.gov/whistleblower
You'd be surprised how active the SEC has become on cleaning things up.
Reach out if you feel you see any Nefarious activities in PROG or any other company you follow.
They will take it from their
Here is a recent example how social media can be used illegally:
SEC Wins Jury Trial: Hedge Fund Adviser Found Liable for Securities Fraud
FOR IMMEDIATE RELEASE
2021-224
Washington D.C., Nov. 5, 2021 —
Jurors in Boston federal court today returned a verdict in the Securities Exchange Commission’s favor against a hedge fund adviser and his investment advisory firm.
Gregory Lemelson and Massachusetts-based Lemelson Capital Management LLC were charged with fraud in September 2018 for reaping more than $1.3 million in illegal profits by making false statements to drive down the price of San Diego-based Ligand Pharmaceuticals Inc. The SEC’s evidence at trial showed that after establishing a short position in Ligand through his hedge fund, Lemelson made a series of false statements to shake investor confidence in Ligand and lower its stock price, increasing the value of his fund’s position. The false statements included assertions that Ligand’s investor relations firm had agreed that Ligand’s most profitable drug was on the brink of obsolescence and that Ligand had entered into a sham transaction with an unaudited shell company in order to pad its balance sheet. The evidence also showed that Lemelson had boasted about bringing down Ligand’s stock price through his “multi-month battle” against the company.
The jury found Lemelson and Lemelson Capital Management liable for fraudulent misrepresentations. The court will determine remedies at a later date.
“Investment professionals play a crucial role in our markets and when they break the law they undermine investors’ trust,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement. “We’ll continue to use all of the tools in our toolkit to hold wrongdoers accountable, including litigating whenever necessary. This verdict underscores that commitment as well as our staff’s ability, tenacity, and experience to win those trials.”
You ever have to give your daughter her weekly shot and watch her cry Torez?
This company is preventing that from happening.
But congratulations on all your success.
I myself am glad he's left it up. Its quite telling actually
IQST - Stock of the year in 2022
I do believe today is the last day for tax harvesting. Good luck patting yourself on the back everyday a pharmaceutical company that is attempting to save lives stock price gets walked down.
This will rip faces off next year
A company with a patent on taking injectable drugs ingestible has groundbreaking IP. Think about any company that changed the game. Now think about getting in those under $2
Exactly
Now think of hoping this company fails while aging and most likely one day needing this technology for yourself, your spouse, your kids. Think of the type of person that takes
This is aging nicely
Ive been nothing but supportive to GMER and managment but a giant go F yourself is in order for throwing shareholders under the bus. They probably didn't expect this to get so heavily sold off due to game launch but MM's are gonna do what MM's are gonna do.
Once all the shares are sold this will still have a low float, possible acquisition and a revenue producing game. It will rebound
But disappointed is an understatement...for now
Anybody here worried? Ya me either
Anything under $7 is undervalued
IQST
Gonna fill that gap between $2 and $10
Shareholders getting vaporized. MCAP $9m for a QB low float revenue producing ticker
LOL.....Ya ok
This is going to rebound viciously
They have about 7 more days to shake out week hands for tax losses. Nearly the entire offering has been loaded into the float at this point
Just a reminder. Shorts haven't covered
You sure about that Vague Guy
Tell all the nice people here who you think it is.
We'll wait
I agree J
If they levy a fine for a criminal offense its not a punishment....their just taking their cut.
But, I believe progress is being made.
The ticker here the last two days can easily show the culprit in my opinion.
Gonna get some of that whistleblower money and clean this place up
The DOJ has been called in to take care of the criminality side of things as the SEC can only levy fines
IQST
Yep thats right. An insider is crashing the stock on low volume then putting up walls.
I guess it will all come out in the wash
Appears to be a big interest in defending those T-Trades
I believe that is another item on my Weekly report to the SEC
Progress is being made:
SEC charges Wedbush Securities Inc over $1.2M arising from unlawful unregistered distribution of nearly 100 mil shares of over 50 diff low-priced microcap companies.
IQST
Over 1 million traded green
Crashed it with 100K
SEC take notice. The culprit of stock manipulation is behind that wall.
Quite simple
How was that textbook gap fill! On the nose
Loaded more call options and shares.
Feeling good about AVCT's future.....and mine
Anybody else want to lose their shares by putting up walls?
Step right up
SEC charges Wedbush Securities Inc over $1.2M arising from unlawful unregistered distribution of nearly 100 mil shares of over 50 diff low-priced microcap companies.
Keep it up SEC
More to come
IQST
Seen that. Bullish
Tybourne in Hong Kong is another one shutting down