CV Sciences Inc (CVSI)

[BadKarmaKyle]

I'll answer, because uplist is coming!

They would have been denied long ago if that was to be the decision.
We know it, the bash knows it, the company knows it. tic toc
Nice 1 year too.

Unfortunately for the “longs” no, it’s not. There is no trading for CVSI that’s ever been done on a real stock exchange nor will there ever be a trade of CVSI on any real stock exchange.

Regardless how many times the same year old chart is posted or posters yell from the top of Twin Peaks, “uplist coming, uplist coming” Tic Toc, Tic, Toc. There is no trading ever been done nor will there be any trading of CVSI on on any real stock exchange.

It’s been an excruciatingly long 200 days since the application to uplist but just as the claim of trading on a real stock exchange hasen’t happened in those past 200 days (the 200th day since the application is Saturday) Sadly, for the “Long’s,” No, There has been NO trading for CVSI done on a real stock exchange in the past 200 days nor will there be in the next 200 or 2,000.

CVSI is right where they belong, as a member of the inter dealer market maker controlled OTC. As explained numerous times CVSI simply has far too many “dirty hands,” SEC Fines, SEC Enforcement actions, ties to others with SEC Enforcement actions including the formerly Jailed Bruce Perlowin currently under indictment by the SEC yet again for stock fraud. Presidents, former Presidents and largest shareholders with fraud convictions, huge judgments, Bankruptcy and both State and Federal Tax Liens. CVSI just doesn’t meet the requirements of the Exchange Act and the NASDAQ and SEC commission's existing guidelines particularly under the Exchange Act Section 6(b)(5), in particular the requirement that its rules be designed to prevent fraudulent and manipulative acts and practices, unfortunately for CVSI this is of grave importance that CVSI hasen’t, doesn’t and can’t meet until Mona Jr is gone for the five years agreed upon in the most recent but not only SEC Enforcement Action.

You don’t think that period of time Mona cannot be a member of a public company was pulled out of thin air?

I’m confident during settlement negotiations he offered a larger fine and shorter suspension but that period of time was carefully determined and likely one of a myriad of reasons why CVSI will not trade on a real stock exchange.

One thing that might help after this 200 day (come Saturday) excruciatingly long wait would be a surveillance-sharing agreement which may help CVSI’s odds, but since CVSI has not established that it has entered into, or currently could enter into a surveillance-sharing agreement with a regulated market of significant size unfortunately for the multitude of cries of “uplist soon” and the posting of charts which are not relevant to the questions and issues at hand for CVSI, the exchange cannot support CVSI claims that it has sufficient measures in place to police manipulation if they’ve even offered one. It’s all conjecture that posting charts and screaming from the top of Twin Peaks “uplist coming, uplist coming” just does not address.

The simple thought of it has ME ROTFLMAO as well as OTFL and LOL terms I’ve never used until yesterday in my entire life. However CVSI trading on a real exchange? Nope, nada, most probably never.

Tthere are a number of other issues why there is no uplist in the cards for CVSI, reasons,

(1) The farm bill is an 867 billion dollar, 540 page complex matrix of provisions intended to help farmers already in the business of growing food and fiber for domestic consumption and export. It would also include certain restrictions on imports of food and fiber. These are mostly private enterprises running from small operations of a few acres up to multi billion dollar operations requiring annual financing to the tune of hundreds of millions. Farmers are also, by nature, conservative. They wouldn't, at first, fall all over themselves to commit large amounts of capital to hemp production just to supply some hemp by products to sell to the health and wellness or Nutraceutical businesses. Which means this is a tiny provision within the total package and not exactly something the politicians who voted on the bill are deeply concerned with. The CVSI investors however pay no attention to what the politicians were debating about among themselves. CVSI investors are trying to simplify what is a very difficult piece of federal legislation with provisions that will have an impact on farming revenues for years to come.

(2) NASDAQ Rule 5101. Listing may be denied for association with individuals with a history of regulatory misconduct. Fully applicable. Not only has CVSI been affiliated and led by Mona who clearly qualifies as having a recent history of regulatory misconduct with CVSI but CVSI also was financed by John Fife (“Iliad”) Fife has a long history of regulatory misconduct.

Examples;

https://www.accesswire.com/438761/KBM-a-Toxic-Lender-Meets-Resistance-by-Small-Cap-OTC-Company-In-Federal-District-Court-of-New-York-Through-Ellsworth-Young-LLP

https://www.sec.gov/litigation/litreleases/2007/lr20250.htm

https://www.sec.gov/litigation/litreleases/2007/lr19972.htm

https://www.sec.gov/litigation/admin/2007/ia-2636.pdf

https://www.sec.gov/Archives/edgar/data/1379699/000114036115001204/doc1.htm

There are so many tickers Fife has been involved with that have lawsuits trying to rescind his financing, so many SEC and FINRA fines and discipline actions for toxic, death spiral financing, John definetly has a history of regulatory misconduct. What, you think John found god over CVSI?

Sometimes Fife used his wife until she was permanently barred from any position by the SEC.

(3) In a statement, FDA Commissioner Scott Gottlieb, M.D. says the passage of the U.S. farm bill, now called the Agriculture Improvement Act of 2018 since it is law, does not diminish the agency's regulatory oversight role related to cannabis-containing food and drink. He stated the FDA will be diligent in monitoring the hemp marketplace to ensure that makers of non-approved products are not making unsubstantiated medical claims. Also, the Food, Drug and Cosmetics Act prohibits interstate commerce of food containing cannabidiol (CBD) or tetrahydrocannabinol (THC) since it is an active ingredient in an FDA-approved drugs.

(4) CVSI will never trade on a real Stock Exchange due to the myriad of SEC Fines, Enforcement Actions, lawsuits, bad debts, bankruptcies, Federal and State Tax Liens which were brazenly filed against current CVSI President Joseph Dowling and other SEC / FINRA Violations filed against virtually everyone who has had anything to do with this stinky pinky “company.”

With Canopy entering the space with an initial investment of 1/3 of CVSI’s total market cap and NYSE Firm Pyxus International (NYSE: PYX) entering the Hemp / CBD Market via their subsidiary Criticality and their CBD Line of products, Korent announced on 1/31/2019, Upon the announcement PYX Shares moved upwards 30% on the BIG BOARD opening at $13.00 and at one point reaching $17.98 before closing at $16.75 PYX had volume of 3,504,994 shares. Prior 10 day average PYX share sales were 1 million per day making today’s announcement and subsequent action a record amount of dollars changing hands over ANY Hemp or CBD Company. A whopping 60 Million Dollars traded and that’s just on the FIRST DAY. Triple the largest amount of Dollars CVSI has ever traded on one day in over 6 months and this was the first day this and the Canopy entry are clearly game changers. With a low float of only 9 million shares, this NYSE Multi State Agricultural Conglomerate are sure to quickly become one of the U.S. Market Leaders in this sector joining Canopy and CWeb which trades in Canada on the CSE, The Canadian Securities Exchange Of Canada’s equivalent to the U.S. Big Board.

An OTC firm with the abhorrent record of CVSI has no chance of an uplist or of even keeping up.

Caveat Emptor, sell now like Michael Mona Jr. is doing or risk the inevitable fall back to the pennies or even sub penny.


The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.

That, along with the fact every my personal rule that I don’t fall in love with an OTC Stock and become a “long” unless I’m the principal, one of the principals, one of the principal financiers or I or my VC / Hedge Fund Partners are insiders owning 5% or more of the company. I’ve done well with CVSI and if the volume and momentum come back I’ll trade it again.

These boards are for due diligence discussion of specific stocks not just to ra ra ra whatever you think. An erudite, scholarly, cerebral investor would want to hear all points of view not just those aligned with their own in order to become well educated, knowledgeable and sagacious on the topic as oppossed to continually posting childish acronyms such as ROTFLMAO and LOL.

If I hadn’t taken my own valuable time to stop and post here you’d never have heard of Keely Moxley, NASDAQ Rule 5101 nor many of the shortcomings of Michael Mona, Joseph Dowling, Anton and Chia, John Fife and a wealth of other knowledge which allows me to know there won’t be an uplist to NASDAQ in store for CVSI until and unless a countless and virtually infinite number of changes are made in the management structure and SOP (standard operating procedures) there.

I haven’t yet decided to share those here.