Replies to post #62365 on CV Sciences Inc (CVSI)

[motorcity]

Thanks for sharing.


The author recommends Abacus, a company that has $4m in sales last quarter and operated at a loss. if they make $16m revenue for the year they are currently trading at almost 4.5x annual revenue.

[chilling]

too fing funny, "choppy" re: FDA


The specific timing of this happening is unknown with a horizon of 6 months to 3 years a likely scenario amongst the panel. One key issue facing industry leaders at the present time is how to successfully navigate the “choppy waters” of an uncertain regulatory environment and enhance shareholder value by increasing market share in this competitive landscape,

[chilling]

"I’m bearish about the stock of CV Sciences, Inc. which is down ~45% since reporting disappointing Q3 earnings on 11/5/19. The chartist in me believes that a new YTD low is looming on the horizon given its weak trading pattern.. CVSI has recently disclosed that co-founder Michael Mona III submitted his resignation from his position as the company’s Chief Operating Officer (“COO”), effective 1/1/20. In my view, his upcoming departure adds a pronounced degree of uncertainty regarding the future direction of the company as well as Mr. Mona’s potential disposition of part or all of his substantial holding of CVSI stock."

[chilling]

how many shares does mona III own or entitled to?