Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Lifting the CE is a bureaucratic nightmare. I hope you are right.
I think that is a good letter and a very believable position. The SEC labyrinth is just that. Best of luck to all of us.
Yes.
I think the one very thorny issue would be making sure kids don't get a hold of it. I often work on juvenile cases. The literature is pretty conclusive that adolescent weed use is without doubt developmentally bad for kids. Worse than alcohol. In my little dream world, no one would mess with alcohol, nicotine or weed prior to the age of 25 or so. By that time the brain and lungs are fully developed. Any word on a shareholder meeting??
That would be a huge market. It's funny how we hear basically nothing on the federal level. The money circulating around the industry would be so big that you would think congressional folks would be all over it already. I assume there is some sort of timing issue to it, but have no clue what it would be. The end result would be cutting into a bunch of the money of the drug cartels and maybe cut a lot of illegal border crossings. I would think that any politician - red, blue, whatever- could make mileage out of it.
There is some buying of stock that seems legit. It doesn't look like the normal short plays. I like it.
They can't do anything that appears to be a promotion. What that means is vague. The safe thing is to go mum. It's a question of staying out of your own way with the SEC. Why create problems for yourself to solve short term issues when you are trying to get approved to go years down the road with a real company?
My two cents. I know I may be wrong. We are all just guessing. But if I was in their shoes, I would want to get the CE lifted - especially if they are looking at investment expansion or anything like that. That's what it takes to make Mr. George's inclusion of AGH into WSHE profitable for him. Getting the CE released is one thing that will give the stock a sincere bump. Revenue is the other.
Even better.
And I really think they are in a blackout period. Lifting that CE will be a true "cavity search" and I'm sure they have to be careful with information. I never knew that Mr. MacDonald had 51%. I'm glad to hear that.
At the end of the day, I think I own a penny stock that could go bust and could be a unicorn. Right now, my bet is unicorn.
The market is there - WSHE does not have to create a market - it's already there.
The brain power is there.
The core infrastructure is there.
The honorable guy Doug MacDonald is there.
The growing pains will be there and can't be avoided.
When the growing pains are in the past, I think we will all be smiling. It takes a ton of patience and a ton of grind to get past this current stage.
Have a great Thanksgiving.
I saw that yesterday. That is big news. I always wonder about timing and legislation. The tobacco industry is about to get whacked on health problems with "vaping." Why they don't do their research first is beyond me, but that's not here or there. They have to be looking for their next windfall product - which I think will be marijuana. Obviously, my crystal ball is no better than anyone else's - but that's my two cents worth.
I would have to think that there are big money folks who are licking their chops for legalization. Buckets of money to be made. Where there is money, there are politicians.
I wish them all the best of luck. I'm not a business guy, but I do have some appreciation of how hard it is to get a public company in the right paper place and THEN have to find business momentum on top of that. Fingers crossed.
I really value all the information that comes across this message system. It is all new to me. My buddy that talked me into buying stock a few years ago said that it all came down to "people quality" meaning Doug MacDonald and then Jake George. We had a big flurry of 8K activity and then it seemed to stop this May. That still makes me think that there is some sort of filing activity looming on the horizon in the near future, but that is solely a guess.
I will happily say that I dropped a "hello and I sure am rooting for you" email to Mr. MacDonald yesterday and he responded pretty quickly with a "thanks and will be in touch" email.
We are all in a guesswork phase especially if there is a blackout period prior to some filing on the CE. That's frustrating for all of us. I would think especially so for the insiders. They are the ones that really have to watch their p's and q's.
I was mistaken in thinking that a CE filing had already been made. And the Form 15 reference has to do with the 2014 filing to stop filing. On the frustrating side, that means they have 5 years of books to get updated and (I think) they have to be audited. Want to see something in slow motion? - just watch an auditing firm. Geeeez - the only thing in the world that makes the federal government look fast. The books have to be perfect before the up-list filing. My bet is that therein lays the delay.
I get the angst and I am just as guilty as anyone. I hope for my first unicorn. As with any penny stock, I too am stuck with the nagging fear of a bust.
Along those lines, I just can't help but think that Mr. George would not have put AGH into WSHE if he was just going to turn and walk away. That would make no sense. It looks to me like he actually does have skin in the WSHE game. I have no doubt that he is knowledgeable of the industry and pretty creative. I just hope it transfers to revenue and stock price.
Thanks for all the info and chatter. I'm learning a lot. I'm still dreaming of a unicorn named Greenlink.
Many thanks to all you VETS out there. I am grateful for the freedom you have given to me and my family.
I just don't think he can be open right now. With the SEC filings (I know nothing of Canada), there are time windows. WSHE files a request to SEC and there has to be "radio silence" for 90 days or something like that. SEC responds and requests more info. WSHE gives the additional info and then there has to be another period of radio silence. SEC knows that lifting a CE has an influence on stock price. They are not stupid. They won't lift the CE if they know that insiders or anyone else is using filing info to manipulate price prior to lift. SEC goal is a clean process that does not operate to the benefit of anyone - you, me, Jake, Jake's dog - nobody. We have to bite our nails in the process. It is frustrating. It probably takes longer than it should. You should see the disclosure the board members have to do for public listing. My father was on a penny stock board. We actually had to dig and find his high school diploma from 1947 to complete the disclosures made in 2010. That's how picky it is. I don't know Jake from Adam. I hope he is as bright as he seems to be. My bet is that 6 months from now we will all be his biggest fans. I hope I am right. I may be wrong. Only time will tell. My nerves always settle on product, market, infrastructure, huge potential, and a little good luck. Everybody have a good day.
Investing should never be an emotional experience. It's the end of the month, so shorts will be playing. Probably makes for a good time to buy. I still see the intrinsic value of what they are doing. A penny stock is a risky bet - always has been. Recreational legalization for THC products in the US is probably still a ways off. I still perceive the silence as some kind of gag order from an attorney. There is no specific time line for SEC filings. The feds get to move at their own pace. The additional silence makes me hope that they are getting closer to their letter.
I don't know any of the personalities in this, so I'm just a guy with no dog in the hunt other than cash. A friend of mine told me to take a chance on WSHE and I did. Success hinges upon SEC compliance and market expansion. They are not able to talk about SEC status and the market expansion is up to many variables. It's a risk. The float is sizeable, but not huge. Lots of room for shorts to play - and they will until revenue, revenue, revenue happens. (the 3 R's)
I just went back and looked at all I can find via internet about Jake George. I am still a believer. The SEC process is horribly long. I worked with a company in the late 2,000's that went from purely private to public. It purchased a shell for about 200,000 dollars thinking that it would speed the process. Wrong. SEC started worrying about the Chinese playing games with such shells and so put the brakes on the whole process. All of a sudden, a one year process became 3 years. Doesn't look like we have that sort of issue here, but it will be a long process regardless.
I know day traders are probably champing at the bit and I can see how this would be a quandary for you folks. As for me, I think this stock is still two years out. Hopefully sooner.
The one interview I read with Mr. George shows that he has been doing this LITERALLY from the ground up for 15 years. I always trust people more who come through the ranks. He has. He has good people around him. He knows the process. He has the infrastructure. He is chasing a reasonably priced product that will eventually have immense demand. It won't be 2019. Probably won't be 2020. But in the long run, I still believe.
A friend of mine just mentioned an interesting legal angle on Jake communicating. One problem they have is that WSHE is a CBD company and a weed company. Weed is still illegal as far as the US government is concerned. Communicating interstate concerning an illegal substance is a federal crime.
There are indeed U.S. Attorneys who love to get headlines for prosecutions. They are just like people. Some are good, some are jerks. The wrong U.S. Attorney looking for a conservative seat in Congress would be prime to pick out something like this. So, my guess would be that there is some concern of that issue.
I never thought of that one before. But, as the company matures, such a garbage issue could be more of a worry I would think.
I bought some of the lotion and some of the chewable things. I like them both. I have a lot of arthritis and I think the CBD is helping.
We have had some volume of late. I wonder if it is shorts or real buyers.
Some fairly good volume of late. I wonder if it is real buyers or just the shorts playing games?
I'm not going to worry. It takes time.
Shorts shorts shorts. If I understand correctly, market makers can sell shares that they don't own. Theory is that they can "stabilize" the market. I take that as bologna, but someone somewhere is playing games with us just like every other penny stock. Rumor says Russians and Chinese. Who knows. It's always odd to see a stock go down on good news. Never understood where or how they make their money, but they must be making it somewhere.
I think that video is very positive. Thanks Jim Bob.
Call me overly optimistic , but I still think that the FINRA, SEC, Canadian process on the CE and uplisting is way more tedious and time consuming than what we may believe. A small company that I worked with years ago (prior to Dodd Frank) was stuck in the process for well over 2 years at a price of over $1M in legal fees. (Frankly, it seemed to me that it was all a "full employment for lawyers" program.) The lawyers always said "you are in a blackout period until we get documented" meaning that little if anything could be publicly disclosed. No one could sell stock, there were disclosures to be made for buying stock. Board members were confused and scared about what they could or couldn't do at any given moment. It's a little bit of a sausage making process. We like the result, but don't want to see how it happens.
We all champ at the bit, and I am sure that there is no one that wishes for the end of the process more than Mr. George and the board. It's tedious. Some of it is nothing short of bizarre. If we are still in the same boat next Summer, I will be concerned. But, for now, my guess is that they are slogging through all the muck and I hope that in a year or so that we will be grateful they did. Maybe even very grateful. I still see a big intrinsic potential for this company. Big tobacco will be in this someday. Next year? Next decade? Who knows, but that day is coming. I'm in hold and see mode. Shorts will play us. That will end some day too. Something will happen that makes some shareholders panic. Others will stay the course. Then, someday we will see who made the right bet.
I'm keeping the faith and hope you all have a good night.
Wow. That is a ton of money. Stock buyers get brave, then they get scared. Especially in penny stocks. I like the fact that we are under the radar at this point, but we will still pay a price for being in cannabis in the short run. The big event will be the shareholder meeting. It all depends on numbers and the 3 r's - Revenue, Revenue, Revenue.
All very positive stuff. Thanks for posting.
Fingers crossed. Have a good day.
I remember listening to a commentator in the early 90's talk about the dot com's. She was very impressive. Her bottom line was that during times of real economic innovation there are obviously big winners and big losers. Her real point was that if there is no sincere business infrastructure, no amount of money being thrown at an idea will work. She was a big fan of google and yahoo and went through their business structures. I think and hope that we are in that sincere infrastructure position. It all still goes back to Warren Buffet's idea of intrinsic value. We watched World Com and Enron be huge melt-downs. I would imagine that cannabis will see some melt-downs, too. C'mon WSHE - really rooting for us.
That's sad.
A buddy of mine gave me a brief explanation that I sort of understand about "shorting." He says that the SEC bailed out of policing the OTC markets in 2016 and that Dodd-Frank made shorting all the easier. The result is that the shorts have to clean their books at the end of every month to determine how much money they have to use for the next month . A lot of the negative stuff that we see in our price involves the shorts trading back and forth to clean their books. You can look on a website called shortreport.com and see the WSHE tab. It is purely a market maker's game and is easy to do on an OTC stock because most OTC companies don't make it. My buddy believes there are a lot of overseas influences in it. Makes it all the harder for a small company to survive, let alone thrive. I'm no regulation nut, but I sure do wish the SEC would take a look at this. I had a bunch of money in an OTC stock that literally got shorted to death - mostly at the hand of our own investment banker (which is a long and seedy story of its own). I think WSHE is in the right place at the right time and has a ton of talent at the helm. I am glad there is no investment banker yanking strings. I cringe every time I see the short jerks pick our pockets at the end of every month. That's my vent for the day and hope everyone has a good week end.
From what little I've seen, it's a paperwork nightmare that can take longer than what it should.
I agree. When we go through periods of innovation, there are big winners and big losers. Level-headed management is the key. I think you wind up investing more in the people than in the innovation itself.
Shorts are just goons. I still don't get where they make money.
Where can Jake's article be found, please?
I like it when you talk $3 to me.
I have never ever understood how the shorts get anything out of what they do. Smart people have tried to explain it to me, and I just don't get it.
All very positive stuff. Go WSHE. The paper work involved in lifting the CE is probably ridiculous. My father was on the board of a private company that went public in 2011. The disclosures we had to do on him were crazy (he was 80 at the time). We actually had to go back and dig out his high school diploma from 1945. So, that is the sort of thing that I imagine WSHE is currently facing. Tons of patience and hair splitting is required. Best wishes to all.
Thank you. That all does sound positive.
Can someone please tell me what was in yesterday's letter? I just signed up for the email system, but can't seem to get to see the letter. I'm not so fond of computers, but they don't like me either.
Thanks Mr. Getty.