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I had a feeling something had to come soon before the election in November.
I loaded up 120,000 at .0251...... What really worked out is I was ready to buy at .045 but it fell so much during the time my money was transferred to when it cleared to be able to buy something.
Company has had recent bad news, but looked like they are cutting/selling assets that were hurting the company to increase margins and profit. I took a chance that could pay off pretty well. They just have to stop giving themselves shares when they aren't producing the numbers shareholders want to see.
Good Luck to shareholders on this new ride we are on. Biden just turning the corner on Cannabis because his party needs and wants votes. Shummer has no excuses and should follow up on it. Good News and more green days to come!
Sorry, that was old news. Don't now how to delete the post. Anybody know?
MedMen Now In The Mix: With this week's announcement of Tilray’s strategic investment in MedMen convertible notes and the importance of Proposal 1 in enabling Tilray to optimize the execution of that transaction, Tilray's CEO is urging stockholders to vote immediately in support of long-term value creation.
Tilray announced on Tuesday it had acquired the majority of the outstanding senior secured convertible notes of MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) in a transaction valued at $165.8 million.
"We urge stockholders who have not yet voted to participate in the success of their investment in Tilray by voting FOR all proposals on the agenda for the Special Meeting. By doing so, stockholders will be actively supporting Tilray’s ability to pursue and optimize growth opportunities, including our game-changing investment in MedMen convertible notes, expand and generate strong performance, increase stockholder rights and, ultimately, drive stockholder value," Irwin D. Simon, Tilray’s chairman and CEO said.
UNRV Q2 Earnings Announcement 08/15 according to Ameritrade.
Will it be higher or lower than last qtr $20.7 million? Predictions only!
I predict $22.3 mil with higher margins
So the share price should be 3x it is today according to book-value of .27 per share per zacks.
I know you don't have position, you already told me that. Just being sarcastic. What ever position, Good Luck!
Sure, I post once in a while, not nearly as much as you. As far as guessing what position I hold, you off by long shot. Underwater yes, but in a great position. Good Luck with your position.
I have better and more important things to do than posting on a board that I have nothing to do with. Seems like a big waste of time, obvious you don't think so. I'll give a try, NOT...
Sure you did thats why your still sticking around. Make sense>>>>
"potential sec filing may show the insiders gave themsleves another tens of millions shares while releasing a press release of anti dilution measures"
What do you know that no one else knows. "potential" sounds like a wish. "tens of Millions", really, Wow. When did that happen. I did see 200,000, but tens of millions is a stretch don't ya think. Especially after the shareholder letter. Anymore dooms day scenerios, you should write a novel.
No Idea, looked at noon and nothing. Looked after market closed and was surprised to see 3 cents up in 1/2 hr. Someone bought alot.
Its nice to buy at .077 and go up from there. Sweet finish to the day.
Last two qtrs avg of $23 million. Do you think it will be lower than that? Drove by Peoples just off the 55 frwy. Dropping my son off at UCI on a Sunday and we noticed the parking lot was full. Looks like they do good business at that location.
Thats for sure! maybe the $6.5 they got 2 weeks ago and more to come soon for dispensary sales in Nevada will pull them through until Shumer does something, or like you said they need a great Qtr 1 report to bring this puppy up.
Patience, they just bought and merged 3 companies. Give it some time. We just saw some growing pains in the 10K. Alot of Severence pay off and costs due to the mergers. I think from here on out we don't see huge severence payoffs for old management. Next months Qtr 1 results will give a clearer picture of the companies future. Merging 3 companies into 1 just doesn't happen over night, there is alot to do to get them up to speed and working together. Under the current climate of high taxation and black market in California if they cut costs, get margins higher and continue at $23 mil or more per qtr UNRV will be a strong candidate for a buyout.
05/16/22 Qtr 1 Earning Report according to Ameritrade.
Well played and well said.
Hear are the real numbers:
Q1 2021 = $5.11M - $3.06M (Nuleaf) = $2.05M
Q2 2021 = $6.26M - $3.39M (Nuleaf) = $2.87M
Q3 2021 = $23.43M -$3.38M (Nuleaf) = $20.05M
Q4 2021 = $22.7M
Total = $47.67M
They did $22.7 mil in 4th qtr revenue. People on Yahoo were saying it was only $12 mil in 4th qtr. Math was wrong. They didn't take away revenue made by Nuleaf for first 3 qtr. and people thought the $22.7 was a typo. We did $22.7 in 4th qtr 2021 compared to $2.5 mil in 4th qtr 2020.
Post on Yahoo with $83,000,000 to Dallas was wrong and poster realized it and took it down with correction. Its $83,333, but I believe he still keeps his millions of shares. They said UNRV will recieve about 15 million in cash for the 3 Nevada Dispensary sales over the next few months. That will be a shot in the arm at a very needed time. 6 million Revenue in 2020 to 47 million in 2021 is a big amount even though they didn't hit 70 million mark in pro forma. And going from 52 employees to 334 is another big amount and shows how big they got last year, but expenses also rose big time. I believe a big factor in the lower 4th qtr results was due to unemployement checks stopped on Sept 6 2021 for millions of people receiving Covid Unemployment checks and the last 3 months is the 4th qtr and was greatly affected. Cultivation and distribution went up alot, from $460,000 to $23,000,000 over the previous year. Huge jump. Cultivation / Distribution is now 48.5% of Revenue while retail was 51.5%. We need margins go get back higher, Newsome lower California taxes and Safe Banking from the Senate to go through and we'll be sitting pretty.
More Act Hitting House Floor March 28th. Earlier than expected.
Since 2013, the Company has come out with their Yearly report at the end of March. I think its normal for them to report at that time.
From Oren Schauble: “There will be formal communications coming, but per the 8K— restructuring and focusing on a much faster improvement of profitability. We see what’s happening in California and the cannabis market overall and want to be ahead of it not behind it— that means taking action. Sorry I can’t compliantly say more but there will be further communication and there is a Q coming up that will cover in depth. Stores are still pumping, brands are still selling, everyone is focused on the best route for the future.”
If anyone from Ascend or anyone representing them meet with any Govt Offical or staff ahead of closing, according to your post looks like Medman has a case and agreement was breached.
Yes, the Senate sent ther version to the house, but the house added the Safe Act to it. Will see if it can stay on the bill when it goes back to the Senate.
I looked at when they did it last year and I believe it was also in March. Maybe it takes more time to file 4th qtr, not really sure.
I think you got the wrong company. Whats on Feb 15th and UNRV was Numero Uno out of top 100 MJ company's in Revenue growth.
Senate Majority Leader Chuck Schumer (D-NY) announced at a press conference on Friday that he is aiming to formally file his much-anticipated bill to federally legalize marijuana in April. House Judiciary Committee Chairman Jerrold Nadler (D-NY), who also spoke, discussed progress on his separate legalization bill.
Both top lawmakers detailed their efforts to end prohibition at an event in New York City, which also involved House Small Business Committee Chairwoman Nydia Velazquez (D-NY), New York lawmakers and advocates with the Drug Policy Alliance and other organizations.
Friday proved to be an especially eventful day for federal cannabis policy, as the House earlier passed a large-scale bill that contains the bipartisan Secure and Fair Enforcement (SAFE) Banking Act. It’s the sixth time that reform has cleared the chamber in some form.
“In the coming weeks, we’re ramping up our outreach—and we expect to introduce final legislation. Our goal is to do it in April,” Schumer said at the New York event. “Then we begin the nationwide push, spearheaded by New York, to get the federal law done. As majority leader, I can set priorities. This is a priority for me.”
Senate Majority Leader Chuck Schumer (D-NY) announced at a press conference on Friday that he is aiming to formally file his much-anticipated bill to federally legalize marijuana in April. House Judiciary Committee Chairman Jerrold Nadler (D-NY), who also spoke, discussed progress on his separate legalization bill.
Both top lawmakers detailed their efforts to end prohibition at an event in New York City, which also involved House Small Business Committee Chairwoman Nydia Velazquez (D-NY), New York lawmakers and advocates with the Drug Policy Alliance and other organizations.
Friday proved to be an especially eventful day for federal cannabis policy, as the House earlier passed a large-scale bill that contains the bipartisan Secure and Fair Enforcement (SAFE) Banking Act. It’s the sixth time that reform has cleared the chamber in some form.
“In the coming weeks, we’re ramping up our outreach—and we expect to introduce final legislation. Our goal is to do it in April,” Schumer said at the New York event. “Then we begin the nationwide push, spearheaded by New York, to get the federal law done. As majority leader, I can set priorities. This is a priority for me.”
Unrivaled youtube channel:
https://youtube.com/channel/UCHrIV_1HNz0LbLv_pyC5cAw
I think 4th qtr earnings report will come out around Feb 15th 2022. It will be a good one that is for sure.
Thanks for making my point. Shumer's been sitting on this alot longer than your article when he said "hopefully" by this time next year. They been working on it since they took control of all branches. All talk no action. Safe Act would have passed easy in the NDAA, but Shumer didn't alow it in. The Committee wanted it in, but said they had to go with the Democratic Majority Leader Shumer and what he wanted and he wanted it out. He had a chance to prove he wants a safe environment to do business and minority owners to get better/cheaper loans. 8 years of House passed Safe Banking Act and still waiting.
Thanks to Shumer! What a complete %%%%%. 8 years, 5 times passed the House and now the wait continues.
3500 lbs @ $300 per oz = $16.8 mil per year. Nice! will also lower costs and increase margins. Sweet!
Thanks CreepyCracker for info! Looking forward to it.
Soon People's will be finalize and we're off to the races with all the new revenue coming in.
Shumer won't bring Republican bill to the floor for a vote. Shrum has his own giant bill they been working on for long time. He's in charge on what gets voted on and he's shooting for the moon, "comprehensive". We will see. Shrum said "soon", but soon in congress turtle language is years. Even Rumplestilskin wouldn't miss a thing. Ho Hum!
We don't need no stinking government, we got Frank.
"I guess they take anyone who breaths" not intended for KevinD. He makes sense.