WISE WQLF SAYS; Now that we know that Jimminy Cricket cannot Read and Fang Fang is too busy bang banging CV Sciences, here’s a review of the probable speculation the WISE WQLF is going to post over and over again YQU Understand. No need to have this board stay stagnant like the itsy itsy bitsy spider web company board YQU Understand. Youse guys and gals need to keep that board going with one’s speculations before the MLB utilizes all your tobacco monies. Have Mercy Have Nordic Naturals and CV Sciences Partnership Have Faith WQLF Ahooooooo
Why would CV Sciences go out of its way to have the 700 Preferred Group come aboard in order to vote for an Increase of Authorized Shares and Reverse Split if the company was pursuing an Acquisition or Merger? YQU don’t have to do this for an Acquisition and or Merger YQU Now Understand YQU Understand. YQU would only do it if another private company or private investor or investment group was interested in controlling the company Have Mercy Have Nordic Naturals and CV Sciences Partnership Have Faith WQLF Ahooooooo
WISE WQLF SAYS : Thomas, not sure if the movement and volume is the manipulation of the stock that we have seen in the past. Did some due diligence with some INTENTION YQU Understand. It seems to look more like a possible partnership with Nordic Naturals than a Merger. The WQLF’s new premise this week is that there is the possibility of Nordic Naturals could be interested in purchasing 51 percent or more of the Outstanding Stock of CV Sciences. It had dawned on me that in April 30, 2020, the company filed a S-3 Prospectus for )100,000,000 Dollars of Common Stock etc. They used a portion of the $100 Million for the 700 Preferred Institutional Group in March 2022. Below is that filing in April 2020.
We may offer and sell up to $100 million in the aggregate of the securities identified above from time to time in one or more offerings. This prospectus provides you with a general description of the securities.
The WQLF believes the company was planning on doing a Reverse Split in order to have enough shares available for a company, such as, Nordic Naturals to purchase 51 percent of the shares without having to offer millions of shares. At the time we had an outstanding share count of 99 Million with Authorized at 190 Million. In a Reverse Split scenario, the Authorized Shares remain the same. Below is the Vote by the shareholders who rejected the Reverse Split. June 16, 2020
The following year on May 20, 2021, the company did not places a Reverse Split on the ballot, and instead chose to attempt to increase the Authorized Shares to 290,000,000. The Outstanding Shares was at 106 Million. The shareholders voted against the increase of the increase of the Authorized Shares. Below is the 8-K filing. May 20, 2021
The following year in order to have enough shares for a company, such as, Nordic Naturals to be able to purchase 51 percent or more of the company’s Outstanding shares, the company had to bring in the 700 Preferred Institutional Investors to give them Voting Rights only for Raising the Authorized Shares to 800 Million and the Reverse Split. Below is the 8-K Prospectus filed in March 31, 2022. With the increase of Authorized Shares to 800 Million, the company can sell a company, such as, Nordic Naturals 51 Percent or more of the Outstanding Shares from those shares and what is left over from the 48 Million Shares still available. If the remaining 48 Million shares are not needed for ESOP,s etc then the company would have to offer Nordic Naturals around 160 to 170 Million shares. The current outstanding is 152 million. The 700 Preferred Institutional Investors Group was offered shares at $.10 and conversions at$.07. The company would most likely sell Nordic Naturals shares between $.07 and $.10 cents. That would give CV Sciences around 15 to 17 Million Dollars less fees. March 31, 2022 Filed Pursuant to Rule 424(b)(5)
PROSPECTUS SUPPLEMENT (To Prospectus dated April 30, 2020)
Below is a website showing the location in San Diego as Sleuth had mentioned. If this premise is correct, Nordic Naturals would be a Partner of CV Sciences as a major investor. They will control the vote and have complete control of the company. In the future, they can acquire CV Sciences and it can become a subsidiary or a Wholly Owned subsidiary. This partnership will give CV Sciences plenty of Capital to keep it solvent for many of years until the company can sustain itself from future profits. This would be the best course of action for the shareholders of CVSI. It would be an investment for Nordic Naturals. The company is undervalued and it is a win-win situation for All.
Nordic Naturals Reveals Unique Vertical Integration Process in “True North”
“Finished oils are sent by boat in new, nitrogen-flushed containers to Nordic Naturals’ green bottling and encapsulation facility in San Diego. Finished products are shipped from Nordic Naturals LEED gold-certified headquarters in Watsonville, California, to millions of customers around the world”